Enovix Deferred Long Term Liab vs Long Term Debt Analysis
ENVX Stock | USD 10.07 0.18 1.82% |
Enovix Corp financial indicator trend analysis is much more than just examining Enovix Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enovix Corp is a good investment. Please check the relationship between Enovix Corp Deferred Long Term Liab and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enovix 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 real. For more information on how to buy Enovix Stock please use our How to Invest in Enovix Corp guide.
Deferred Long Term Liab vs Long Term Debt
Deferred Long Term Liab vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enovix Corp Deferred Long Term Liab account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enovix Corp's Deferred Long Term Liab and Long Term Debt is 0.46. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Enovix Corp, assuming nothing else is changed. The correlation between historical values of Enovix Corp's Deferred Long Term Liab and Long Term 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 Deferred Long Term Liab of Enovix Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Deferred Long Term Liab i.e., Enovix Corp's Deferred Long Term Liab and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Long Term Debt
Long-term debt is a debt that Enovix Corp has held for over one year. Long-term debt appears on Enovix Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Enovix Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Enovix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enovix 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 Enovix 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 real. For more information on how to buy Enovix Stock please use our How to Invest in Enovix Corp guide.Enterprise Value is likely to rise to about 2.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 45.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 67.6M | 110.0M | 115.0M | 86.0M | Cost Of Revenue | 2.0M | 23.2M | 43.3M | 45.5M |
Enovix Corp fundamental ratios Correlations
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Enovix Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Enovix Corp's price analysis, check to measure Enovix 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 Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix 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 Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix Corp to your portfolios can decrease your overall portfolio volatility.