Evergreen Corp Short Ratio vs. Cash And Equivalents
| EVGR Stock | USD 11.92 0.13 1.08% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 0.0274 | 0.0441 |
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For Evergreen Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Evergreen Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Evergreen Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Evergreen Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Evergreen Corp over time as well as its relative position and ranking within its peers.
Evergreen |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evergreen Corp. If investors know Evergreen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evergreen Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Evergreen Corp is measured differently than its book value, which is the value of Evergreen that is recorded on the company's balance sheet. Investors also form their own opinion of Evergreen Corp's value that differs from its market value or its book value, called intrinsic value, which is Evergreen Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evergreen Corp's market value can be influenced by many factors that don't directly affect Evergreen Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evergreen Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evergreen Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evergreen Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Evergreen Corp Cash And Equivalents vs. Short Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Evergreen Corp's current stock value. Our valuation model uses many indicators to compare Evergreen Corp value to that of its competitors to determine the firm's financial worth. Evergreen Corp is rated below average in short ratio category among its peers. It is rated below average in cash and equivalents category among its peers creating about 12,957,667 of Cash And Equivalents per Short Ratio. Comparative valuation analysis is a catch-all technique that is used if you cannot value Evergreen Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Evergreen Cash And Equivalents vs. Short Ratio
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Evergreen Corp |
| = | 0.03 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Evergreen Corp |
| = | 388.73 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Evergreen Cash And Equivalents Comparison
Evergreen Corp is currently under evaluation in cash and equivalents category among its peers.
Evergreen Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Evergreen Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Evergreen Corp will eventually generate negative long term returns. The profitability progress is the general direction of Evergreen Corp's change in net profit over the period of time. It can combine multiple indicators of Evergreen Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -1.2 M | -1.1 M | |
| Income Before Tax | 4.2 M | 4.4 M | |
| Total Other Income Expense Net | 5.8 M | 6.1 M | |
| Net Income Applicable To Common Shares | 1 M | 1.1 M | |
| Net Income | 4.2 M | 4.4 M | |
| Income Tax Expense | -1.2 M | -1.3 M | |
| Net Interest Income | 5.8 M | 3.5 M | |
| Interest Income | 5.8 M | 3.5 M | |
| Net Income From Continuing Ops | 4.2 M | 2.5 M | |
| Non Operating Income Net Other | 1.2 M | 1.1 M | |
| Change To Netincome | -1.2 M | -1.3 M | |
| Net Income Per Share | 0.25 | 0.26 | |
| Income Quality | (0.20) | (0.21) | |
| Net Income Per E B T | 2.22 | 1.97 |
Evergreen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Evergreen Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Evergreen Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Evergreen Corp's important profitability drivers and their relationship over time.
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Additional Tools for Evergreen Stock Analysis
When running Evergreen Corp's price analysis, check to measure Evergreen Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evergreen Corp is operating at the current time. Most of Evergreen Corp's value examination focuses on studying past and present price action to predict the probability of Evergreen Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Corp's price. Additionally, you may evaluate how the addition of Evergreen Corp to your portfolios can decrease your overall portfolio volatility.