Everus Change To Inventory from 2010 to 2024

ECG Stock   68.17  0.63  0.92%   
Everus Construction's Change To Inventory is decreasing over the last several years with slightly volatile swings. Change To Inventory is predicted to flatten to about -6.2 M. Change To Inventory is the increase or decrease in the amount of inventory Everus Construction Group has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
-5.9 M
Current Value
-6.2 M
Quarterly Volatility
3.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Everus Construction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Everus Construction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.8 M, Interest Expense of 29.3 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0 or PTB Ratio of 6.66. Everus financial statements analysis is a perfect complement when working with Everus Construction Valuation or Volatility modules.
  
Check out the analysis of Everus Construction Correlation against competitors.

Latest Everus Construction's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Everus Construction Group over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Everus Construction's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Everus Construction's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Everus Change To Inventory Regression Statistics

Arithmetic Mean(3,572,350)
Coefficient Of Variation(101.97)
Mean Deviation2,280,560
Median(2,147,000)
Standard Deviation3,642,890
Sample Variance13.3T
Range13.7M
R-Value(0.52)
Mean Square Error10.4T
R-Squared0.27
Significance0.05
Slope(423,721)
Total Sum of Squares185.8T

Everus Change To Inventory History

2024-6.2 M
2023-5.9 M
2022-15.8 M

About Everus Construction Financial Statements

Everus Construction stakeholders use historical fundamental indicators, such as Everus Construction's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Everus Construction investors may analyze each financial statement separately, they are all interrelated. For example, changes in Everus Construction's assets and liabilities are reflected in the revenues and expenses on Everus Construction's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Everus Construction Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-5.9 M-6.2 M

Currently Active Assets on Macroaxis

When determining whether Everus Construction is a strong investment it is important to analyze Everus Construction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Everus Construction's future performance. For an informed investment choice regarding Everus Stock, refer to the following important reports:
Check out the analysis of Everus Construction Correlation against competitors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Construction 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 Everus Construction. If investors know Everus 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 Everus Construction 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 Everus Construction is measured differently than its book value, which is the value of Everus that is recorded on the company's balance sheet. Investors also form their own opinion of Everus Construction's value that differs from its market value or its book value, called intrinsic value, which is Everus Construction'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 Everus Construction's market value can be influenced by many factors that don't directly affect Everus Construction'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 Everus Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everus Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everus Construction'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.