Everjoy Total Revenue vs Total Assets 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 Total Revenue and its Total Assets 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.

Total Revenue vs Total Assets

Total Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everjoy Health Group Total Revenue account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Everjoy Health's Total Revenue and Total Assets is 0.68. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Total Revenue and Total Assets 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 Everjoy Health Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Everjoy Health's Total Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Everjoy Health Group 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.

Total Assets

Total assets refers to the total amount of Everjoy Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Everjoy Health Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit339.8M251.0M286.9M336.8M
Research Development13.5M11.7M10.2M11.4M

Everjoy Health fundamental ratios Correlations

0.020.450.890.65-0.280.810.770.780.470.83-0.93-0.210.330.870.320.74-0.260.580.620.640.660.430.610.550.58
0.020.64-0.32-0.560.090.1-0.29-0.33-0.270.020.040.48-0.510.38-0.37-0.470.55-0.21-0.37-0.45-0.3-0.41-0.15-0.55-0.33
0.450.640.05-0.17-0.450.33-0.040.17-0.330.29-0.460.38-0.150.78-0.17-0.050.53-0.16-0.19-0.25-0.21-0.1-0.1-0.17-0.17
0.89-0.320.050.82-0.040.690.820.790.540.82-0.79-0.360.40.560.530.86-0.530.710.780.770.780.610.710.730.72
0.65-0.56-0.170.82-0.080.480.730.780.420.47-0.61-0.60.380.310.530.97-0.750.620.660.810.720.720.50.860.57
-0.280.09-0.45-0.04-0.08-0.31-0.23-0.41-0.09-0.020.450.24-0.42-0.490.3-0.16-0.190.31-0.03-0.140.10.080.11-0.090.05
0.810.10.330.690.48-0.310.810.660.530.83-0.83-0.450.420.740.040.56-0.340.340.720.670.60.060.770.330.47
0.77-0.29-0.040.820.73-0.230.810.70.690.72-0.79-0.60.570.520.090.79-0.530.510.90.870.780.320.810.590.66
0.78-0.330.170.790.78-0.410.660.70.370.59-0.76-0.630.550.580.420.78-0.610.540.690.790.690.530.570.730.69
0.47-0.27-0.330.540.42-0.090.530.690.370.37-0.51-0.340.520.260.00.46-0.350.60.560.750.770.120.590.330.58
0.830.020.290.820.47-0.020.830.720.590.37-0.73-0.220.230.640.360.54-0.310.440.720.510.540.210.780.350.56
-0.930.04-0.46-0.79-0.610.45-0.83-0.79-0.76-0.51-0.730.25-0.49-0.86-0.1-0.710.2-0.51-0.62-0.68-0.65-0.38-0.6-0.54-0.54
-0.210.480.38-0.36-0.60.24-0.45-0.6-0.63-0.34-0.220.25-0.510.02-0.09-0.550.8-0.16-0.68-0.71-0.47-0.21-0.51-0.53-0.44
0.33-0.51-0.150.40.38-0.420.420.570.550.520.23-0.49-0.510.17-0.20.37-0.230.290.640.620.50.050.520.360.56
0.870.380.780.560.31-0.490.740.520.580.260.64-0.860.020.170.020.440.120.290.30.340.360.150.350.210.28
0.32-0.37-0.170.530.530.30.040.090.420.00.36-0.1-0.09-0.20.020.45-0.560.430.140.230.290.530.110.430.26
0.74-0.47-0.050.860.97-0.160.560.790.780.460.54-0.71-0.550.370.440.45-0.660.60.690.820.710.740.490.880.52
-0.260.550.53-0.53-0.75-0.19-0.34-0.53-0.61-0.35-0.310.20.8-0.230.12-0.56-0.66-0.5-0.62-0.75-0.65-0.48-0.53-0.67-0.53
0.58-0.21-0.160.710.620.310.340.510.540.60.44-0.51-0.160.290.290.430.6-0.50.540.720.890.580.590.60.8
0.62-0.37-0.190.780.66-0.030.720.90.690.560.72-0.62-0.680.640.30.140.69-0.620.540.850.770.310.890.60.76
0.64-0.45-0.250.770.81-0.140.670.870.790.750.51-0.68-0.710.620.340.230.82-0.750.720.850.920.480.750.750.76
0.66-0.3-0.210.780.720.10.60.780.690.770.54-0.65-0.470.50.360.290.71-0.650.890.770.920.440.780.620.83
0.43-0.41-0.10.610.720.080.060.320.530.120.21-0.38-0.210.050.150.530.74-0.480.580.310.480.440.150.920.43
0.61-0.15-0.10.710.50.110.770.810.570.590.78-0.6-0.510.520.350.110.49-0.530.590.890.750.780.150.390.82
0.55-0.55-0.170.730.86-0.090.330.590.730.330.35-0.54-0.530.360.210.430.88-0.670.60.60.750.620.920.390.58
0.58-0.33-0.170.720.570.050.470.660.690.580.56-0.54-0.440.560.280.260.52-0.530.80.760.760.830.430.820.58
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Everjoy Health Account Relationship Matchups

Everjoy Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.5B2.7B2.5B2.4B2.1B
Other Current Liab121.6M180.3M148.3M139.7M8.9M8.5M
Total Current Liabilities936.9M1.1B973.9M954.0M845.0M943.8M
Total Stockholder Equity977.7M1.0B1.3B1.0B992.5M887.7M
Other Liab144.6M148.6M151.7M160.5M184.6M98.6M
Retained Earnings(75.7M)(18.5M)27.6M(250.8M)(273.4M)(259.8M)
Accounts Payable256.1M392.3M371.9M394.8M402.9M260.9M
Cash237.8M224.5M346.9M336.4M346.9M210.4M
Other Assets794.1M815.8M846.8M927.0M1.1B1.1B
Long Term Debt266.3M247.1M228.8M303.8M312.8M190.5M
Net Receivables188.5M272.1M372.8M258.6M218.6M190.5M
Inventory360.5M334.9M320.1M237.7M195.1M269.9M
Other Current Assets23.5M26.2M28.9M22.3M46.3M48.6M
Total Liab1.3B1.5B1.4B1.5B1.3B1.2B
Intangible Assets69.9M66.2M65.4M43.6M33.2M43.5M
Property Plant Equipment532.1M495.7M542.2M437.7M394.0M558.3M
Net Tangible Assets840.0M907.6M1.2B944.1M1.1B957.0M
Other Stockholder Equity128.2M128.2M129.0M135.1M155.4M125.5M
Deferred Long Term Liab28.3M27.0M28.1M22.3M25.7M20.9M
Short Long Term Debt505.6M410.2M399.1M339.8M202.4M326.4M
Total Current Assets823.0M961.2M1.1B942.7M887.3M917.1M
Non Current Assets Total1.5B1.5B1.6B1.5B1.5B1.7B
Non Currrent Assets Other8.5M6.7M2.7M51.3M26.5M20.3M
Non Current Liabilities Total410.9M395.7M447.4M519.3M500.2M427.0M
Non Current Liabilities Other52.0M282.9M266.3M3.8M3.0M2.8M
Net Debt534.1M432.8M281.0M307.2M168.2M320.8M
Net Invested Capital1.7B1.7B1.9B1.6B1.5B1.3B
Net Working Capital(113.9M)(98.3M)94.8M(11.3M)42.3M44.4M

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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.