Enovis Accounts Payable vs Net Debt Analysis

ENOV Stock

USD 48.81 0.36 0.74%

Enovis Corp financial indicator trend analysis is much more than just examining Enovis Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enovis Corp is a good investment. Please check the relationship between Enovis Corp Accounts Payable and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enovis 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 persons.

For more information on how to buy Enovis Stock please use our How to Invest in Enovis Corp guide.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enovis Corp Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Enovis Corp's Accounts Payable and Net Debt is 0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Enovis Corp, assuming nothing else is changed. The correlation between historical values of Enovis Corp's Accounts Payable and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Enovis Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Enovis Corp's Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Enovis Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Enovis Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Enovis Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enovis 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enovis 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 persons.

For more information on how to buy Enovis Stock please use our How to Invest in Enovis Corp guide.At this time, Enovis Corp's Discontinued Operations is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 796 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	3.9B	1.6B	1.7B	2.5B
Interest Expense	72.6M	24.1M	19.7M	18.8M

Total Revenue Interest Expense

Enovis Corp fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.86	0.98	0.85	0.11	0.71	0.87	0.82	0.86	0.82	0.84	0.2	0.75	0.56	0.6	0.62	0.62	0.62	0.98	0.83	0.91	0.64	0.92	0.88	-0.06	0.95
Total Stockholder Equity	0.86		0.9	0.58	-0.22	0.94	0.53	0.56	0.7	0.54	0.52	0.04	0.51	0.77	0.26	0.41	0.42	0.31	0.91	0.48	0.91	0.56	0.98	0.63	0.23	0.76
Non Current Assets Total	0.98	0.9		0.77	-0.02	0.78	0.81	0.83	0.81	0.73	0.8	0.1	0.8	0.6	0.49	0.5	0.5	0.52	1.0	0.79	0.92	0.57	0.95	0.78	0.02	0.91
Non Currrent Assets Other	0.85	0.58	0.77		0.6	0.42	0.89	0.67	0.71	0.96	0.83	0.56	0.56	0.49	0.87	0.57	0.6	0.89	0.75	0.8	0.6	0.44	0.67	0.9	-0.27	0.87
Other Assets	0.11	-0.22	-0.02	0.6		-0.33	0.42	0.07	0.16	0.6	0.39	0.63	-0.08	-0.05	0.75	0.32	0.36	0.7	-0.06	0.32	-0.21	0.05	-0.14	0.44	-0.46	0.26
Common Stock Shares Outstanding	0.71	0.94	0.78	0.42	-0.33		0.34	0.4	0.5	0.38	0.38	-0.12	0.39	0.72	0.14	0.2	0.21	0.2	0.8	0.29	0.82	0.36	0.9	0.44	0.4	0.58
Total Liab	0.87	0.53	0.81	0.89	0.42	0.34		0.9	0.81	0.89	0.91	0.32	0.79	0.23	0.76	0.68	0.67	0.69	0.79	0.98	0.68	0.58	0.65	0.85	-0.29	0.85
Short Long Term Debt Total	0.82	0.56	0.83	0.67	0.07	0.4	0.9		0.8	0.64	0.83	0.04	0.95	0.2	0.43	0.57	0.54	0.37	0.8	0.95	0.75	0.57	0.66	0.65	-0.18	0.79
Other Current Liab	0.86	0.7	0.81	0.71	0.16	0.5	0.81	0.8		0.74	0.82	0.13	0.64	0.36	0.43	0.86	0.84	0.41	0.79	0.79	0.83	0.89	0.78	0.84	-0.18	0.88
Total Current Liabilities	0.82	0.54	0.73	0.96	0.6	0.38	0.89	0.64	0.74		0.83	0.49	0.49	0.34	0.91	0.67	0.68	0.87	0.71	0.79	0.6	0.52	0.62	0.93	-0.17	0.81
Property Plant And Equipment Net	0.84	0.52	0.8	0.83	0.39	0.38	0.91	0.83	0.82	0.83		0.1	0.76	0.16	0.7	0.65	0.63	0.67	0.76	0.88	0.67	0.57	0.64	0.85	-0.22	0.87
Current Deferred Revenue	0.2	0.04	0.1	0.56	0.63	-0.12	0.32	0.04	0.13	0.49	0.1		-0.07	0.4	0.52	0.23	0.32	0.59	0.1	0.24	-0.03	0.08	0.08	0.41	-0.4	0.29
Net Debt	0.75	0.51	0.8	0.56	-0.08	0.39	0.79	0.95	0.64	0.49	0.76	-0.07		0.2	0.33	0.32	0.29	0.32	0.77	0.86	0.67	0.36	0.61	0.51	-0.15	0.71
Retained Earnings	0.56	0.77	0.6	0.49	-0.05	0.72	0.23	0.2	0.36	0.34	0.16	0.4	0.2		0.16	0.07	0.13	0.31	0.63	0.16	0.53	0.21	0.73	0.37	0.09	0.57
Accounts Payable	0.6	0.26	0.49	0.87	0.75	0.14	0.76	0.43	0.43	0.91	0.7	0.52	0.33	0.16		0.41	0.43	0.96	0.47	0.65	0.29	0.19	0.34	0.77	-0.28	0.58
Cash	0.62	0.41	0.5	0.57	0.32	0.2	0.68	0.57	0.86	0.67	0.65	0.23	0.32	0.07	0.41		0.98	0.34	0.48	0.64	0.61	0.91	0.49	0.79	-0.22	0.66
Cash And Short Term Investments	0.62	0.42	0.5	0.6	0.36	0.21	0.67	0.54	0.84	0.68	0.63	0.32	0.29	0.13	0.43	0.98		0.38	0.48	0.63	0.59	0.89	0.5	0.8	-0.24	0.67
Net Receivables	0.62	0.31	0.52	0.89	0.7	0.2	0.69	0.37	0.41	0.87	0.67	0.59	0.32	0.31	0.96	0.34	0.38		0.51	0.57	0.31	0.13	0.39	0.79	-0.3	0.63
Good Will	0.98	0.91	1.0	0.75	-0.06	0.8	0.79	0.8	0.79	0.71	0.76	0.1	0.77	0.63	0.47	0.48	0.48	0.51		0.76	0.92	0.57	0.96	0.77	0.04	0.9
Non Current Liabilities Total	0.83	0.48	0.79	0.8	0.32	0.29	0.98	0.95	0.79	0.79	0.88	0.24	0.86	0.16	0.65	0.64	0.63	0.57	0.76		0.66	0.57	0.61	0.77	-0.32	0.81
Inventory	0.91	0.91	0.92	0.6	-0.21	0.82	0.68	0.75	0.83	0.6	0.67	-0.03	0.67	0.53	0.29	0.61	0.59	0.31	0.92	0.66		0.69	0.94	0.73	0.14	0.8
Other Current Assets	0.64	0.56	0.57	0.44	0.05	0.36	0.58	0.57	0.89	0.52	0.57	0.08	0.36	0.21	0.19	0.91	0.89	0.13	0.57	0.57	0.69		0.62	0.68	-0.14	0.68
Other Stockholder Equity	0.92	0.98	0.95	0.67	-0.14	0.9	0.65	0.66	0.78	0.62	0.64	0.08	0.61	0.73	0.34	0.49	0.5	0.39	0.96	0.61	0.94	0.62		0.72	0.14	0.86
Total Current Assets	0.88	0.63	0.78	0.9	0.44	0.44	0.85	0.65	0.84	0.93	0.85	0.41	0.51	0.37	0.77	0.79	0.8	0.79	0.77	0.77	0.73	0.68	0.72		-0.24	0.89
Short Term Debt	-0.06	0.23	0.02	-0.27	-0.46	0.4	-0.29	-0.18	-0.18	-0.17	-0.22	-0.4	-0.15	0.09	-0.28	-0.22	-0.24	-0.3	0.04	-0.32	0.14	-0.14	0.14	-0.24		-0.21
Common Stock	0.95	0.76	0.91	0.87	0.26	0.58	0.85	0.79	0.88	0.81	0.87	0.29	0.71	0.57	0.58	0.66	0.67	0.63	0.9	0.81	0.8	0.68	0.86	0.89	-0.21

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Enovis Corp Account Relationship Matchups

Enovis Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.4B	8.5B	4.3B	4.5B	4.7B
Total Stockholder Equity	3.4B	3.5B	4.6B	3.4B	3.4B	2.2B
Non Current Assets Total	6.0B	6.0B	6.2B	3.5B	3.6B	3.4B
Non Currrent Assets Other	396.5M	350.8M	363.5M	80.3M	90.3M	85.7M
Other Assets	396.5M	350.8M	363.5M	63.8M	57.4M	54.5M
Common Stock Shares Outstanding	45.6M	46.3M	51.1M	54.1M	54.5M	33.3M
Liabilities And Stockholders Equity	7.4B	7.4B	8.5B	4.3B	4.5B	4.7B
Total Liab	3.9B	3.8B	3.9B	823.4M	1.1B	1.0B
Short Long Term Debt Total	2.4B	2.4B	2.2B	310.5M	536.4M	509.6M
Other Current Liab	453.9M	320.6M	766.5M	168.8M	198.2M	208.1M
Total Current Liabilities	857.3M	811.7M	1.0B	565.2M	369.6M	351.1M
Property Plant And Equipment Net	664.6M	660.9M	705.8M	303.6M	334.3M	467.9M
Current Deferred Revenue	16.0M	36.7M	31.5M	3.6M	3.0M	2.8M
Net Debt	2.3B	2.3B	1.5B	286.2M	500.2M	925.1M
Retained Earnings	479.6M	517.4M	589.0M	575.7M	542.5M	309.3M
Accounts Payable	359.8M	330.3M	155.2M	135.6M	132.5M	125.9M
Cash	109.6M	97.1M	719.4M	24.3M	36.2M	34.4M
Cash And Short Term Investments	109.6M	97.1M	719.4M	24.3M	36.2M	34.4M
Net Receivables	561.9M	517.0M	255.0M	267.4M	291.5M	541.4M
Good Will	3.2B	3.3B	3.5B	2.0B	2.1B	1.9B
Non Current Liabilities Total	3.0B	3.0B	2.8B	258.2M	719.0M	683.1M
Inventory	571.6M	564.8M	776.3M	426.6M	468.8M	369.0M
Other Current Assets	161.2M	182.9M	1.0B	76.7M	100.0M	95.0M
Other Stockholder Equity	3.4B	3.5B	4.5B	2.9B	2.9B	2.3B
Total Current Assets	1.4B	1.4B	2.3B	795.0M	896.5M	1.3B
Accumulated Other Comprehensive Income	(483.8M)	(452.1M)	(516.0M)	(53.4M)	(24.9M)	(26.1M)
Short Term Debt	27.6M	66.8M	29.6M	243.6M	21.6M	30.6M
Intangible Assets	1.7B	1.7B	1.7B	1.1B	1.1B	960.5M
Other Liab	619.3M	608.6M	606.3M	167.0M	150.3M	142.8M
Net Tangible Assets	(1.5B)	(1.4B)	(525.4M)	353.8M	318.4M	334.3M
Long Term Debt	2.3B	2.2B	2.1B	40M	466.2M	442.9M
Deferred Long Term Liab	6.1M	7M	5.2M	4.5M	5.2M	5.5M
Net Invested Capital	5.8B	5.8B	6.7B	3.7B	3.9B	4.0B
Short Long Term Debt	27.6M	27.1M	8.3M	219.3M	252.2M	264.8M
Non Current Liabilities Other	619.3M	608.6M	606.3M	167.0M	204.2M	392.1M
Net Working Capital	546.9M	550.2M	1.3B	229.8M	526.9M	519.0M
Property Plant Equipment	664.6M	660.9M	705.8M	236.7M	213.1M	415.2M

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