Enovis Total Other Income Expense Net vs Other Operating Expenses Analysis

ENOV Stock  USD 46.56  0.87  1.83%   
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 Total Other Income Expense Net and its Other Operating Expenses 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.

Total Other Income Expense Net vs Other Operating Expenses

Total Other Income Expense Net vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enovis Corp Total Other Income Expense Net account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enovis Corp's Total Other Income Expense Net and Other Operating Expenses is -0.38. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Other Operating Expenses 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 Total Other Income Expense Net and Other Operating Expenses 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 Other Income Expense Net of Enovis Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Other Income Expense Net i.e., Enovis Corp's Total Other Income Expense Net and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enovis Corp. It is also known as Enovis Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Revenue3.9B1.6B1.7B2.5B
Interest Expense72.6M24.1M19.7M18.8M

Enovis Corp fundamental ratios Correlations

0.860.980.850.110.710.870.820.860.820.840.20.750.560.60.620.620.620.980.830.910.640.920.88-0.060.95
0.860.90.58-0.220.940.530.560.70.540.520.040.510.770.260.410.420.310.910.480.910.560.980.630.230.76
0.980.90.77-0.020.780.810.830.810.730.80.10.80.60.490.50.50.521.00.790.920.570.950.780.020.91
0.850.580.770.60.420.890.670.710.960.830.560.560.490.870.570.60.890.750.80.60.440.670.9-0.270.87
0.11-0.22-0.020.6-0.330.420.070.160.60.390.63-0.08-0.050.750.320.360.7-0.060.32-0.210.05-0.140.44-0.460.26
0.710.940.780.42-0.330.340.40.50.380.38-0.120.390.720.140.20.210.20.80.290.820.360.90.440.40.58
0.870.530.810.890.420.340.90.810.890.910.320.790.230.760.680.670.690.790.980.680.580.650.85-0.290.85
0.820.560.830.670.070.40.90.80.640.830.040.950.20.430.570.540.370.80.950.750.570.660.65-0.180.79
0.860.70.810.710.160.50.810.80.740.820.130.640.360.430.860.840.410.790.790.830.890.780.84-0.180.88
0.820.540.730.960.60.380.890.640.740.830.490.490.340.910.670.680.870.710.790.60.520.620.93-0.170.81
0.840.520.80.830.390.380.910.830.820.830.10.760.160.70.650.630.670.760.880.670.570.640.85-0.220.87
0.20.040.10.560.63-0.120.320.040.130.490.1-0.070.40.520.230.320.590.10.24-0.030.080.080.41-0.40.29
0.750.510.80.56-0.080.390.790.950.640.490.76-0.070.20.330.320.290.320.770.860.670.360.610.51-0.150.71
0.560.770.60.49-0.050.720.230.20.360.340.160.40.20.160.070.130.310.630.160.530.210.730.370.090.57
0.60.260.490.870.750.140.760.430.430.910.70.520.330.160.410.430.960.470.650.290.190.340.77-0.280.58
0.620.410.50.570.320.20.680.570.860.670.650.230.320.070.410.980.340.480.640.610.910.490.79-0.220.66
0.620.420.50.60.360.210.670.540.840.680.630.320.290.130.430.980.380.480.630.590.890.50.8-0.240.67
0.620.310.520.890.70.20.690.370.410.870.670.590.320.310.960.340.380.510.570.310.130.390.79-0.30.63
0.980.911.00.75-0.060.80.790.80.790.710.760.10.770.630.470.480.480.510.760.920.570.960.770.040.9
0.830.480.790.80.320.290.980.950.790.790.880.240.860.160.650.640.630.570.760.660.570.610.77-0.320.81
0.910.910.920.6-0.210.820.680.750.830.60.67-0.030.670.530.290.610.590.310.920.660.690.940.730.140.8
0.640.560.570.440.050.360.580.570.890.520.570.080.360.210.190.910.890.130.570.570.690.620.68-0.140.68
0.920.980.950.67-0.140.90.650.660.780.620.640.080.610.730.340.490.50.390.960.610.940.620.720.140.86
0.880.630.780.90.440.440.850.650.840.930.850.410.510.370.770.790.80.790.770.770.730.680.72-0.240.89
-0.060.230.02-0.27-0.460.4-0.29-0.18-0.18-0.17-0.22-0.4-0.150.09-0.28-0.22-0.24-0.30.04-0.320.14-0.140.14-0.24-0.21
0.950.760.910.870.260.580.850.790.880.810.870.290.710.570.580.660.670.630.90.810.80.680.860.89-0.21
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Enovis Corp Account Relationship Matchups

Enovis Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.4B8.5B4.3B4.5B4.7B
Total Stockholder Equity3.4B3.5B4.6B3.4B3.4B2.2B
Non Current Assets Total6.0B6.0B6.2B3.5B3.6B3.4B
Non Currrent Assets Other396.5M350.8M363.5M80.3M90.3M85.7M
Other Assets396.5M350.8M363.5M63.8M57.4M54.5M
Common Stock Shares Outstanding45.6M46.3M51.1M54.1M54.5M33.3M
Liabilities And Stockholders Equity7.4B7.4B8.5B4.3B4.5B4.7B
Total Liab3.9B3.8B3.9B823.4M1.1B1.0B
Short Long Term Debt Total2.4B2.4B2.2B310.5M536.4M509.6M
Other Current Liab453.9M320.6M766.5M168.8M198.2M208.1M
Total Current Liabilities857.3M811.7M1.0B565.2M369.6M351.1M
Property Plant And Equipment Net664.6M660.9M705.8M303.6M334.3M467.9M
Current Deferred Revenue16.0M36.7M31.5M3.6M3.0M2.8M
Net Debt2.3B2.3B1.5B286.2M500.2M925.1M
Retained Earnings479.6M517.4M589.0M575.7M542.5M309.3M
Accounts Payable359.8M330.3M155.2M135.6M132.5M125.9M
Cash109.6M97.1M719.4M24.3M36.2M34.4M
Cash And Short Term Investments109.6M97.1M719.4M24.3M36.2M34.4M
Net Receivables561.9M517.0M255.0M267.4M291.5M541.4M
Good Will3.2B3.3B3.5B2.0B2.1B1.9B
Non Current Liabilities Total3.0B3.0B2.8B258.2M719.0M683.1M
Inventory571.6M564.8M776.3M426.6M468.8M369.0M
Other Current Assets161.2M182.9M1.0B76.7M100.0M95.0M
Other Stockholder Equity3.4B3.5B4.5B2.9B2.9B2.3B
Total Current Assets1.4B1.4B2.3B795.0M896.5M1.3B
Accumulated Other Comprehensive Income(483.8M)(452.1M)(516.0M)(53.4M)(24.9M)(26.1M)
Short Term Debt27.6M66.8M29.6M243.6M21.6M30.6M
Intangible Assets1.7B1.7B1.7B1.1B1.1B960.5M
Other Liab619.3M608.6M606.3M167.0M150.3M142.8M
Net Tangible Assets(1.5B)(1.4B)(525.4M)353.8M318.4M334.3M
Long Term Debt2.3B2.2B2.1B40M466.2M442.9M
Deferred Long Term Liab6.1M7M5.2M4.5M5.2M5.5M
Net Invested Capital5.8B5.8B6.7B3.7B3.9B4.0B
Short Long Term Debt27.6M27.1M8.3M219.3M252.2M264.8M
Non Current Liabilities Other619.3M608.6M606.3M167.0M204.2M392.1M
Net Working Capital546.9M550.2M1.3B229.8M526.9M519.0M
Property Plant Equipment664.6M660.9M705.8M236.7M213.1M415.2M

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Additional Tools for Enovis Stock Analysis

When running Enovis Corp's price analysis, check to measure Enovis 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 Enovis Corp is operating at the current time. Most of Enovis Corp's value examination focuses on studying past and present price action to predict the probability of Enovis 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 Enovis Corp's price. Additionally, you may evaluate how the addition of Enovis Corp to your portfolios can decrease your overall portfolio volatility.