Envista Total Revenue vs Non Current Assets Total Analysis

NVST Stock  USD 22.29  0.04  0.18%   
Envista Holdings financial indicator trend analysis is much more than just examining Envista Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Envista Holdings Corp is a good investment. Please check the relationship between Envista Holdings Total Revenue and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Revenue vs Non Current Assets Total

Total Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Envista Holdings Corp Total Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Envista Holdings' Total Revenue and Non Current Assets Total is 0.7. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Envista Holdings Corp, assuming nothing else is changed. The correlation between historical values of Envista Holdings' Total Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Envista Holdings Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Revenue i.e., Envista Holdings' Total Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Envista Holdings Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Envista Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Envista Holdings Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Envista Holdings' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 29.02 in 2024, whereas Tax Provision is likely to drop slightly above 38.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.5B1.4B1.2B
Total Revenue2.5B2.6B2.6B2.1B

Envista Holdings fundamental ratios Correlations

0.750.410.66-0.39-0.690.680.380.54-0.53-0.60.840.55-0.73-0.420.29-0.360.73-0.540.470.850.390.750.490.510.51
0.750.830.85-0.85-0.540.570.820.52-0.78-0.630.820.24-0.95-0.530.76-0.570.91-0.90.870.940.740.890.590.560.53
0.410.830.86-0.91-0.240.120.930.23-0.61-0.340.640.08-0.87-0.290.9-0.30.87-0.910.970.630.680.820.750.290.57
0.660.850.86-0.7-0.270.190.730.18-0.45-0.260.67-0.02-0.92-0.170.62-0.210.91-0.740.830.720.480.790.90.090.87
-0.39-0.85-0.91-0.70.33-0.34-0.95-0.380.760.59-0.6-0.130.820.55-0.930.51-0.740.97-0.93-0.68-0.76-0.76-0.46-0.52-0.29
-0.69-0.54-0.24-0.270.33-0.9-0.45-0.940.420.43-0.81-0.830.330.19-0.440.12-0.470.53-0.41-0.75-0.67-0.63-0.02-0.65-0.07
0.680.570.120.19-0.34-0.90.350.86-0.51-0.640.660.63-0.34-0.460.31-0.410.34-0.480.290.770.580.48-0.180.73-0.07
0.380.820.930.73-0.95-0.450.350.49-0.65-0.40.680.23-0.76-0.310.98-0.290.79-0.970.980.690.860.810.520.440.38
0.540.520.230.18-0.38-0.940.860.49-0.55-0.460.780.75-0.3-0.240.51-0.250.45-0.530.430.710.810.63-0.070.74-0.05
-0.53-0.78-0.61-0.450.760.42-0.51-0.65-0.550.86-0.69-0.360.740.81-0.690.86-0.670.76-0.66-0.73-0.74-0.76-0.24-0.87-0.04
-0.6-0.63-0.34-0.260.590.43-0.64-0.4-0.460.86-0.52-0.410.580.96-0.40.86-0.40.6-0.38-0.63-0.44-0.510.03-0.870.16
0.840.820.640.67-0.6-0.810.660.680.78-0.69-0.520.67-0.75-0.320.67-0.330.87-0.750.740.90.780.950.520.650.44
0.550.240.08-0.02-0.13-0.830.630.230.75-0.36-0.410.67-0.12-0.220.28-0.050.26-0.320.190.430.440.49-0.10.68-0.2
-0.73-0.95-0.87-0.920.820.33-0.34-0.76-0.30.740.58-0.75-0.120.51-0.690.54-0.940.84-0.85-0.82-0.59-0.87-0.76-0.42-0.66
-0.42-0.53-0.29-0.170.550.19-0.46-0.31-0.240.810.96-0.32-0.220.51-0.320.91-0.280.5-0.29-0.47-0.3-0.360.08-0.780.24
0.290.760.90.62-0.93-0.440.310.980.51-0.69-0.40.670.28-0.69-0.32-0.320.75-0.940.950.630.890.80.450.510.25
-0.36-0.57-0.3-0.210.510.12-0.41-0.29-0.250.860.86-0.33-0.050.540.91-0.32-0.360.45-0.31-0.52-0.38-0.390.01-0.740.14
0.730.910.870.91-0.74-0.470.340.790.45-0.67-0.40.870.26-0.94-0.280.75-0.36-0.820.890.840.710.960.820.40.72
-0.54-0.9-0.91-0.740.970.53-0.48-0.97-0.530.760.6-0.75-0.320.840.5-0.940.45-0.82-0.95-0.79-0.83-0.86-0.49-0.59-0.34
0.470.870.970.83-0.93-0.410.290.980.43-0.66-0.380.740.19-0.85-0.290.95-0.310.89-0.950.730.820.880.670.40.52
0.850.940.630.72-0.68-0.750.770.690.71-0.73-0.630.90.43-0.82-0.470.63-0.520.84-0.790.730.750.870.440.640.45
0.390.740.680.48-0.76-0.670.580.860.81-0.74-0.440.780.44-0.59-0.30.89-0.380.71-0.830.820.750.810.260.670.16
0.750.890.820.79-0.76-0.630.480.810.63-0.76-0.510.950.49-0.87-0.360.8-0.390.96-0.860.880.870.810.660.60.53
0.490.590.750.9-0.46-0.02-0.180.52-0.07-0.240.030.52-0.1-0.760.080.450.010.82-0.490.670.440.260.66-0.150.92
0.510.560.290.09-0.52-0.650.730.440.74-0.87-0.870.650.68-0.42-0.780.51-0.740.4-0.590.40.640.670.6-0.15-0.31
0.510.530.570.87-0.29-0.07-0.070.38-0.05-0.040.160.44-0.2-0.660.240.250.140.72-0.340.520.450.160.530.92-0.31
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Envista Holdings Account Relationship Matchups

Envista Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.9B6.6B6.6B6.6B7.0B
Other Current Liab418M515.5M434.4M323.4M279.1M350.4M
Total Current Liabilities709.2M1.7B1.2B1.2B780.8M1.1B
Total Stockholder Equity3.5B3.7B4.1B4.2B4.2B3.4B
Other Liab399.3M408.8M304.6M151.3M136.2M267.8M
Net Tangible Assets(1.1B)(815.5M)(120.8M)3.2B3.7B3.9B
Property Plant And Equipment Net490.4M468.3M392.2M425.4M434.7M424.9M
Current Deferred Revenue52.6M48.6M60.1M78.9M106.4M71.8M
Retained Earnings93.1M126.4M466.9M731.4M631.2M322.0M
Accounts Payable208M202.5M185.8M228.3M179.5M165.0M
Cash211.2M888.9M1.1B606.9M940M584.7M
Non Current Assets Total5.2B5.3B4.7B5.2B4.9B4.1B
Non Currrent Assets Other74.4M127.3M167.8M153.7M180.5M135.5M
Other Assets74.4M70K167.8M153.7M176.8M101.7M
Long Term Debt1.3B907.7M883.4M870.7M1.4B845.6M
Cash And Short Term Investments211.2M888.9M1.1B606.9M940M584.7M
Net Receivables443.6M301.7M331.9M393.5M407.5M320.1M
Good Will3.3B3.4B3.1B3.5B3.3B2.7B
Long Term Debt Total1.3B907.7M883.4M870.7M1.0B730.2M
Liabilities And Stockholders Equity6.2B6.9B6.6B6.6B6.6B7.0B
Non Current Liabilities Total1.9B1.5B1.3B1.1B1.7B1.3B
Capital Surpluse3.6B3.7B3.7B3.7B4.3B2.7B
Capital Lease Obligations212.7M186.3M144.1M148.4M140.2M130.7M
Inventory277.9M266.9M263.8M300.8M258.8M219.7M
Other Current Assets69.2M184M166.5M123.4M137.4M123.3M
Other Stockholder Equity3.6B3.7B3.7B3.7B3.8B3.2B
Total Liab2.6B3.2B2.5B2.4B2.4B2.4B
Net Invested Capital4.9B5.5B5.4B5.6B5.7B5.8B
Property Plant And Equipment Gross490.4M468.3M392.2M425.4M775.7M478.5M
Short Long Term Debt3.9M886.8M432.4M510M115.3M109.5M
Total Current Assets1.0B1.6B1.8B1.4B1.7B1.4B
Accumulated Other Comprehensive Income(144.2M)(91.8M)(143.5M)(225.1M)(217.2M)(206.3M)
Non Current Liabilities Other13.5M408.8M304.6M151.3M7.8M7.4M
Net Working Capital292.7M(94.2M)628M187.9M962.9M1.0B
Short Term Debt30.6M917.9M479.8M564M175.9M167.1M
Intangible Assets1.3B1.3B1.0B1.1B954M975.8M
Property Plant Equipment490.4M303M392.2M293.6M337.6M361.5M

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