Enveric Non Currrent Assets Other vs Total Assets Analysis

ENVB Stock  USD 0.33  0.01  3.13%   
Enveric Biosciences financial indicator trend analysis is much more than just examining Enveric Biosciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enveric Biosciences is a good investment. Please check the relationship between Enveric Biosciences Non Currrent Assets Other and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enveric Biosciences Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Enveric Biosciences' Non Currrent Assets Other and Total Assets is 0.0. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Enveric Biosciences, assuming nothing else is changed. The correlation between historical values of Enveric Biosciences' Non Currrent Assets Other 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 Non Currrent Assets Other of Enveric Biosciences 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 Non Currrent Assets Other i.e., Enveric Biosciences' Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Enveric Biosciences 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 Enveric Biosciences 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 Enveric Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enveric Biosciences 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 Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.As of November 28, 2024, Selling General Administrative is expected to decline to about 6.3 M. The current year's Tax Provision is expected to grow to about (1.4 M)
 2021 2022 2023 2024 (projected)
Total Operating Expenses25.9M20.0M16.4M17.3M
Cost Of Revenue681.6K435.2K408.0K387.6K

Enveric Biosciences fundamental ratios Correlations

0.810.890.85-0.030.040.320.720.330.880.00.330.47-0.180.56-0.210.35-0.120.920.790.810.540.630.35-0.650.09
0.810.940.58-0.130.220.310.780.110.790.180.110.49-0.140.2-0.140.28-0.160.830.530.610.570.560.14-0.40.12
0.890.940.6-0.230.370.370.870.00.890.110.00.61-0.210.45-0.170.27-0.210.940.530.690.660.710.21-0.490.18
0.850.580.60.3-0.440.020.350.710.59-0.290.710.11-0.020.3-0.190.460.20.590.920.640.210.390.38-0.72-0.09
-0.03-0.13-0.230.3-0.8-0.74-0.540.74-0.42-0.560.74-0.80.85-0.33-0.010.550.8-0.280.47-0.41-0.56-0.47-0.3-0.41-0.4
0.040.220.37-0.44-0.80.510.6-0.910.410.44-0.910.69-0.430.390.0-0.33-0.590.39-0.530.210.550.470.00.250.34
0.320.310.370.02-0.740.510.41-0.340.460.35-0.330.63-0.820.430.31-0.31-0.970.48-0.040.460.620.510.330.220.48
0.720.780.870.35-0.540.60.41-0.310.940.48-0.310.82-0.430.54-0.31-0.08-0.320.860.210.770.660.650.19-0.220.17
0.330.110.00.710.74-0.91-0.34-0.31-0.08-0.411.0-0.480.32-0.15-0.10.430.48-0.010.820.08-0.27-0.220.12-0.44-0.3
0.880.790.890.59-0.420.410.460.94-0.080.35-0.080.76-0.430.62-0.240.03-0.320.930.430.910.640.680.34-0.380.19
0.00.180.11-0.29-0.560.440.350.48-0.410.35-0.410.49-0.470.2-0.25-0.65-0.410.21-0.320.390.26-0.13-0.060.550.01
0.330.110.00.710.74-0.91-0.33-0.311.0-0.08-0.41-0.480.32-0.15-0.10.430.48-0.010.820.08-0.27-0.220.12-0.44-0.3
0.470.490.610.11-0.80.690.630.82-0.480.760.49-0.48-0.680.51-0.36-0.11-0.60.65-0.040.670.760.770.26-0.10.19
-0.18-0.14-0.21-0.020.85-0.43-0.82-0.430.32-0.43-0.470.32-0.68-0.34-0.130.570.82-0.280.14-0.52-0.48-0.4-0.46-0.38-0.45
0.560.20.450.3-0.330.390.430.54-0.150.620.2-0.150.51-0.34-0.17-0.03-0.350.650.250.570.580.50.08-0.280.02
-0.21-0.14-0.17-0.19-0.010.00.31-0.31-0.1-0.24-0.25-0.1-0.36-0.13-0.17-0.3-0.34-0.19-0.2-0.31-0.24-0.210.120.390.67
0.350.280.270.460.55-0.33-0.31-0.080.430.03-0.650.43-0.110.57-0.03-0.30.420.190.52-0.070.180.41-0.17-0.87-0.4
-0.12-0.16-0.210.20.8-0.59-0.97-0.320.48-0.32-0.410.48-0.60.82-0.35-0.340.42-0.330.25-0.31-0.56-0.41-0.25-0.39-0.5
0.920.830.940.59-0.280.390.480.86-0.010.930.21-0.010.65-0.280.65-0.190.19-0.330.540.790.680.690.27-0.480.2
0.790.530.530.920.47-0.53-0.040.210.820.43-0.320.82-0.040.140.25-0.20.520.250.540.460.170.250.26-0.68-0.13
0.810.610.690.64-0.410.210.460.770.080.910.390.080.67-0.520.57-0.31-0.07-0.310.790.460.540.530.54-0.310.13
0.540.570.660.21-0.560.550.620.66-0.270.640.26-0.270.76-0.480.58-0.240.18-0.560.680.170.540.790.21-0.210.15
0.630.560.710.39-0.470.470.510.65-0.220.68-0.13-0.220.77-0.40.5-0.210.41-0.410.690.250.530.790.27-0.560.16
0.350.140.210.38-0.30.00.330.190.120.34-0.060.120.26-0.460.080.12-0.17-0.250.270.260.540.210.27-0.040.63
-0.65-0.4-0.49-0.72-0.410.250.22-0.22-0.44-0.380.55-0.44-0.1-0.38-0.280.39-0.87-0.39-0.48-0.68-0.31-0.21-0.56-0.040.34
0.090.120.18-0.09-0.40.340.480.17-0.30.190.01-0.30.19-0.450.020.67-0.4-0.50.2-0.130.130.150.160.630.34
Click cells to compare fundamentals

Enveric Biosciences Account Relationship Matchups

Enveric Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.0M4.1M26.7M19.6M4.3M4.1M
Other Current Liab4.8M681.3K1.2M3.4M1.1M1.9M
Total Current Liabilities14.4M681.3K2.1M4.0M2.3M3.7M
Total Stockholder Equity10.6M3.4M22.3M14.7M2.0M1.9M
Net Debt4.4M(1.6M)(17.2M)(17.7M)(2.3M)(2.2M)
Retained Earnings(40.5M)(11.8M)(60.7M)(79.2M)(96.5M)(91.7M)
Accounts Payable4.7M681.3K683.4K463.3K1.2M1.3M
Cash431.4K1.6M17.4M17.7M2.3M2.3M
Non Current Assets Total17.4M1.8M9.0M1.1M718.3K682.4K
Cash And Short Term Investments431.4K1.6M17.4M17.7M2.3M2.4M
Net Receivables8.8M7.9M6.4M224.6K258.3K245.4K
Common Stock Shares Outstanding26.4K115.1K472.3K1.4M2.2M2.3M
Liabilities And Stockholders Equity25.0M4.1M26.7M19.6M4.3M4.1M
Non Current Liabilities Total2.4M4.2M9.6M0.02.3M527.1K
Other Current Assets783.6K1.4M761.7K1.3M1.1M1.1M
Other Stockholder Equity51.0M15.2M82.7M94.4M99.0M103.9M
Total Liab14.4M681.3K4.4M4.0M2.3M2.2M
Total Current Assets7.6M2.3M17.7M18.4M3.6M4.2M
Intangible Assets3.6M1.8M6.9M379.7K210.9K200.4K
Common Stock25.2K101.0K325.8K20.8K27.4K26.0K
Accumulated Other Comprehensive Income60.0K(181.3K)(30.8K)(536.7K)(569.7K)(598.2K)
Net Tangible Assets(65.5K)(1.8M)1.6M13.8M15.9M16.7M
Net Invested Capital15.5M3.4M22.3M14.7M2.0M1.9M
Net Working Capital(6.8M)1.6M15.7M14.4M1.2M909.9K
Capital Stock29.5K133.7K325.8K20.8K27.4K26.0K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Enveric Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enveric Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enveric Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enveric Biosciences Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Biotechnology 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 Enveric Biosciences. If investors know Enveric 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 Enveric Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.42)
Revenue Per Share
37.678
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.81)
Return On Equity
(2.06)
The market value of Enveric Biosciences is measured differently than its book value, which is the value of Enveric that is recorded on the company's balance sheet. Investors also form their own opinion of Enveric Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Enveric Biosciences' 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 Enveric Biosciences' market value can be influenced by many factors that don't directly affect Enveric Biosciences' 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 Enveric Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enveric Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enveric Biosciences' 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.