Everjoy Cost Of Revenue vs Tax Provision Analysis

002162 Stock

3.95 0.05 1.25%

Everjoy Health financial indicator trend analysis is much more than just examining Everjoy Health Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everjoy Health Group is a good investment. Please check the relationship between Everjoy Health Cost Of Revenue and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Everjoy Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everjoy Health Group Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Everjoy Health's Cost Of Revenue and Tax Provision is -0.51. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Everjoy Health Group, assuming nothing else is changed. The correlation between historical values of Everjoy Health's Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Everjoy Health Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Everjoy Health's Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cost Of Revenue

Cost of Revenue is found on Everjoy Health Group income statement and represents the costs associated with goods and services Everjoy Health provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Everjoy Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everjoy Health Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Everjoy Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 265 M, whereas Tax Provision is projected to grow to (8.2 M).

	2021	2022	2023	2024 (projected)
Gross Profit	339.8M	251.0M	286.9M	336.8M
Research Development	13.5M	11.7M	10.2M	11.4M

Gross Profit Research Development

Everjoy Health fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.02	0.45	0.89	0.65	-0.28	0.81	0.77	0.78	0.47	0.83	-0.93	-0.21	0.33	0.87	0.32	0.74	-0.26	0.58	0.62	0.64	0.66	0.43	0.61	0.55	0.58
Other Current Liab	0.02		0.64	-0.32	-0.56	0.09	0.1	-0.29	-0.33	-0.27	0.02	0.04	0.48	-0.51	0.38	-0.37	-0.47	0.55	-0.21	-0.37	-0.45	-0.3	-0.41	-0.15	-0.55	-0.33
Total Current Liabilities	0.45	0.64		0.05	-0.17	-0.45	0.33	-0.04	0.17	-0.33	0.29	-0.46	0.38	-0.15	0.78	-0.17	-0.05	0.53	-0.16	-0.19	-0.25	-0.21	-0.1	-0.1	-0.17	-0.17
Total Stockholder Equity	0.89	-0.32	0.05		0.82	-0.04	0.69	0.82	0.79	0.54	0.82	-0.79	-0.36	0.4	0.56	0.53	0.86	-0.53	0.71	0.78	0.77	0.78	0.61	0.71	0.73	0.72
Other Liab	0.65	-0.56	-0.17	0.82		-0.08	0.48	0.73	0.78	0.42	0.47	-0.61	-0.6	0.38	0.31	0.53	0.97	-0.75	0.62	0.66	0.81	0.72	0.72	0.5	0.86	0.57
Retained Earnings	-0.28	0.09	-0.45	-0.04	-0.08		-0.31	-0.23	-0.41	-0.09	-0.02	0.45	0.24	-0.42	-0.49	0.3	-0.16	-0.19	0.31	-0.03	-0.14	0.1	0.08	0.11	-0.09	0.05
Accounts Payable	0.81	0.1	0.33	0.69	0.48	-0.31		0.81	0.66	0.53	0.83	-0.83	-0.45	0.42	0.74	0.04	0.56	-0.34	0.34	0.72	0.67	0.6	0.06	0.77	0.33	0.47
Cash	0.77	-0.29	-0.04	0.82	0.73	-0.23	0.81		0.7	0.69	0.72	-0.79	-0.6	0.57	0.52	0.09	0.79	-0.53	0.51	0.9	0.87	0.78	0.32	0.81	0.59	0.66
Other Assets	0.78	-0.33	0.17	0.79	0.78	-0.41	0.66	0.7		0.37	0.59	-0.76	-0.63	0.55	0.58	0.42	0.78	-0.61	0.54	0.69	0.79	0.69	0.53	0.57	0.73	0.69
Long Term Debt	0.47	-0.27	-0.33	0.54	0.42	-0.09	0.53	0.69	0.37		0.37	-0.51	-0.34	0.52	0.26	0.0	0.46	-0.35	0.6	0.56	0.75	0.77	0.12	0.59	0.33	0.58
Net Receivables	0.83	0.02	0.29	0.82	0.47	-0.02	0.83	0.72	0.59	0.37		-0.73	-0.22	0.23	0.64	0.36	0.54	-0.31	0.44	0.72	0.51	0.54	0.21	0.78	0.35	0.56
Short Term Investments	-0.93	0.04	-0.46	-0.79	-0.61	0.45	-0.83	-0.79	-0.76	-0.51	-0.73		0.25	-0.49	-0.86	-0.1	-0.71	0.2	-0.51	-0.62	-0.68	-0.65	-0.38	-0.6	-0.54	-0.54
Inventory	-0.21	0.48	0.38	-0.36	-0.6	0.24	-0.45	-0.6	-0.63	-0.34	-0.22	0.25		-0.51	0.02	-0.09	-0.55	0.8	-0.16	-0.68	-0.71	-0.47	-0.21	-0.51	-0.53	-0.44
Other Current Assets	0.33	-0.51	-0.15	0.4	0.38	-0.42	0.42	0.57	0.55	0.52	0.23	-0.49	-0.51		0.17	-0.2	0.37	-0.23	0.29	0.64	0.62	0.5	0.05	0.52	0.36	0.56
Total Liab	0.87	0.38	0.78	0.56	0.31	-0.49	0.74	0.52	0.58	0.26	0.64	-0.86	0.02	0.17		0.02	0.44	0.12	0.29	0.3	0.34	0.36	0.15	0.35	0.21	0.28
Intangible Assets	0.32	-0.37	-0.17	0.53	0.53	0.3	0.04	0.09	0.42	0.0	0.36	-0.1	-0.09	-0.2	0.02		0.45	-0.56	0.43	0.14	0.23	0.29	0.53	0.11	0.43	0.26
Common Stock	0.74	-0.47	-0.05	0.86	0.97	-0.16	0.56	0.79	0.78	0.46	0.54	-0.71	-0.55	0.37	0.44	0.45		-0.66	0.6	0.69	0.82	0.71	0.74	0.49	0.88	0.52
Property Plant Equipment	-0.26	0.55	0.53	-0.53	-0.75	-0.19	-0.34	-0.53	-0.61	-0.35	-0.31	0.2	0.8	-0.23	0.12	-0.56	-0.66		-0.5	-0.62	-0.75	-0.65	-0.48	-0.53	-0.67	-0.53
Good Will	0.58	-0.21	-0.16	0.71	0.62	0.31	0.34	0.51	0.54	0.6	0.44	-0.51	-0.16	0.29	0.29	0.43	0.6	-0.5		0.54	0.72	0.89	0.58	0.59	0.6	0.8
Net Tangible Assets	0.62	-0.37	-0.19	0.78	0.66	-0.03	0.72	0.9	0.69	0.56	0.72	-0.62	-0.68	0.64	0.3	0.14	0.69	-0.62	0.54		0.85	0.77	0.31	0.89	0.6	0.76
Other Stockholder Equity	0.64	-0.45	-0.25	0.77	0.81	-0.14	0.67	0.87	0.79	0.75	0.51	-0.68	-0.71	0.62	0.34	0.23	0.82	-0.75	0.72	0.85		0.92	0.48	0.75	0.75	0.76
Deferred Long Term Liab	0.66	-0.3	-0.21	0.78	0.72	0.1	0.6	0.78	0.69	0.77	0.54	-0.65	-0.47	0.5	0.36	0.29	0.71	-0.65	0.89	0.77	0.92		0.44	0.78	0.62	0.83
Short Long Term Debt	0.43	-0.41	-0.1	0.61	0.72	0.08	0.06	0.32	0.53	0.12	0.21	-0.38	-0.21	0.05	0.15	0.53	0.74	-0.48	0.58	0.31	0.48	0.44		0.15	0.92	0.43
Total Current Assets	0.61	-0.15	-0.1	0.71	0.5	0.11	0.77	0.81	0.57	0.59	0.78	-0.6	-0.51	0.52	0.35	0.11	0.49	-0.53	0.59	0.89	0.75	0.78	0.15		0.39	0.82
Short Term Debt	0.55	-0.55	-0.17	0.73	0.86	-0.09	0.33	0.59	0.73	0.33	0.35	-0.54	-0.53	0.36	0.21	0.43	0.88	-0.67	0.6	0.6	0.75	0.62	0.92	0.39		0.58
Non Current Assets Total	0.58	-0.33	-0.17	0.72	0.57	0.05	0.47	0.66	0.69	0.58	0.56	-0.54	-0.44	0.56	0.28	0.26	0.52	-0.53	0.8	0.76	0.76	0.83	0.43	0.82	0.58

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Everjoy Health Account Relationship Matchups

Everjoy Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.5B	2.7B	2.5B	2.4B	2.1B
Other Current Liab	121.6M	180.3M	148.3M	139.7M	8.9M	8.5M
Total Current Liabilities	936.9M	1.1B	973.9M	954.0M	845.0M	943.8M
Total Stockholder Equity	977.7M	1.0B	1.3B	1.0B	992.5M	887.7M
Other Liab	144.6M	148.6M	151.7M	160.5M	184.6M	98.6M
Retained Earnings	(75.7M)	(18.5M)	27.6M	(250.8M)	(273.4M)	(259.8M)
Accounts Payable	256.1M	392.3M	371.9M	394.8M	402.9M	260.9M
Cash	237.8M	224.5M	346.9M	336.4M	346.9M	210.4M
Other Assets	794.1M	815.8M	846.8M	927.0M	1.1B	1.1B
Long Term Debt	266.3M	247.1M	228.8M	303.8M	312.8M	190.5M
Net Receivables	188.5M	272.1M	372.8M	258.6M	218.6M	190.5M
Inventory	360.5M	334.9M	320.1M	237.7M	195.1M	269.9M
Other Current Assets	23.5M	26.2M	28.9M	22.3M	46.3M	48.6M
Total Liab	1.3B	1.5B	1.4B	1.5B	1.3B	1.2B
Intangible Assets	69.9M	66.2M	65.4M	43.6M	33.2M	43.5M
Property Plant Equipment	532.1M	495.7M	542.2M	437.7M	394.0M	558.3M
Net Tangible Assets	840.0M	907.6M	1.2B	944.1M	1.1B	957.0M
Other Stockholder Equity	128.2M	128.2M	129.0M	135.1M	155.4M	125.5M
Deferred Long Term Liab	28.3M	27.0M	28.1M	22.3M	25.7M	20.9M
Short Long Term Debt	505.6M	410.2M	399.1M	339.8M	202.4M	326.4M
Total Current Assets	823.0M	961.2M	1.1B	942.7M	887.3M	917.1M
Non Current Assets Total	1.5B	1.5B	1.6B	1.5B	1.5B	1.7B
Non Currrent Assets Other	8.5M	6.7M	2.7M	51.3M	26.5M	20.3M
Non Current Liabilities Total	410.9M	395.7M	447.4M	519.3M	500.2M	427.0M
Non Current Liabilities Other	52.0M	282.9M	266.3M	3.8M	3.0M	2.8M
Net Debt	534.1M	432.8M	281.0M	307.2M	168.2M	320.8M
Net Invested Capital	1.7B	1.7B	1.9B	1.6B	1.5B	1.3B
Net Working Capital	(113.9M)	(98.3M)	94.8M	(11.3M)	42.3M	44.4M

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Other Information on Investing in Everjoy Stock

Balance Sheet is a snapshot of the financial position of Everjoy Health Group at a specified time, usually calculated after every quarter, six months, or one year. Everjoy Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Everjoy Health and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Everjoy currently owns. An asset can also be divided into two categories, current and non-current.

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Everjoy Cost Of Revenue vs Tax Provision Analysis

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Tax Provision

Everjoy Health fundamental ratios Correlations

Everjoy Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Everjoy Health fundamental ratios Accounts

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Other Information on Investing in Everjoy Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.97	Other Liab
Deferred Long Term Liab	+ 0.92	Other Stockholder Equity
Short Term Debt	+ 0.92	Short Long Term Debt
Net Tangible Assets	+ 0.9	Cash
Total Stockholder Equity	+ 0.89	Total Assets
Deferred Long Term Liab	+ 0.89	Good Will

Short Term Investments	- 0.93	Total Assets
Total Liab	- 0.86	Short Term Investments
Short Term Investments	- 0.83	Accounts Payable
Short Term Investments	- 0.79	Cash
Short Term Investments	- 0.79	Total Stockholder Equity
Short Term Investments	- 0.76	Other Assets