Evertz Historical Balance Sheet

ET Stock  CAD 12.60  0.28  2.27%   
Trend analysis of Evertz Technologies Limited balance sheet accounts such as Other Current Liabilities of 12.5 M or Total Current Liabilities of 209.1 M provides information on Evertz Technologies' total assets, liabilities, and equity, which is the actual value of Evertz Technologies to its prevalent stockholders. By breaking down trends over time using Evertz Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Evertz Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Evertz Technologies is a good buy for the upcoming year.

Evertz Technologies Inventory

137.71 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertz Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Evertz Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Evertz Technologies at a specified time, usually calculated after every quarter, six months, or one year. Evertz Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Evertz Technologies 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 Evertz currently owns. An asset can also be divided into two categories, current and non-current.

Evertz Technologies Balance Sheet Chart

At this time, Evertz Technologies' Other Stockholder Equity is very stable compared to the past year. As of the 12th of December 2024, Total Liabilities is likely to grow to about 228.9 M, while Total Assets are likely to drop about 399.7 M.

Total Current Liabilities

Total Current Liabilities is an item on Evertz Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Evertz Technologies Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Long Term Debt

Long-term debt is a debt that Evertz Technologies has held for over one year. Long-term debt appears on Evertz Technologies Limited 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 Evertz Technologies Limited 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 accounts from Evertz Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Evertz Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Evertz Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Evertz Technologies' Other Stockholder Equity is very stable compared to the past year. As of the 12th of December 2024, Total Liabilities is likely to grow to about 228.9 M, while Total Assets are likely to drop about 399.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total26.8M28.8M23.2M11.6M
Total Assets421.0M436.7M484.7M399.7M

Evertz Technologies balance sheet Correlations

0.16-0.560.30.840.740.31-0.370.530.740.450.770.440.730.740.210.81-0.110.30.340.990.180.96-0.190.660.48
0.160.550.71-0.340.640.620.6-0.610.61-0.450.7-0.450.260.310.940.38-0.740.770.790.00.810.350.690.450.63
-0.560.550.36-0.83-0.080.240.84-0.87-0.04-0.81-0.05-0.79-0.14-0.220.36-0.15-0.650.370.23-0.660.49-0.380.54-0.080.3
0.30.710.36-0.170.480.980.56-0.490.65-0.480.58-0.460.450.710.550.59-0.410.990.910.20.820.450.470.530.8
0.84-0.34-0.83-0.170.42-0.11-0.730.890.310.750.380.740.460.51-0.210.450.23-0.18-0.110.9-0.240.7-0.490.340.03
0.740.64-0.080.480.420.430.090.050.80.050.960.030.640.680.660.71-0.540.520.560.630.460.850.240.550.7
0.310.620.240.98-0.110.430.44-0.40.57-0.370.52-0.350.380.730.490.54-0.260.970.890.240.750.420.40.520.73
-0.370.60.840.56-0.730.090.44-0.90.25-0.980.15-0.980.230.020.390.2-0.60.560.45-0.480.6-0.120.450.00.51
0.53-0.61-0.87-0.490.890.05-0.4-0.9-0.120.87-0.010.870.090.19-0.410.020.44-0.49-0.40.63-0.470.32-0.580.06-0.4
0.740.61-0.040.650.310.80.570.25-0.12-0.140.89-0.160.790.660.490.89-0.380.640.680.640.550.860.270.670.83
0.45-0.45-0.81-0.480.750.05-0.37-0.980.87-0.14-0.011.0-0.190.02-0.22-0.130.49-0.46-0.330.54-0.490.22-0.360.11-0.43
0.770.7-0.050.580.380.960.520.15-0.010.89-0.01-0.020.690.70.690.78-0.540.620.690.650.570.890.340.610.74
0.44-0.45-0.79-0.460.740.03-0.35-0.980.87-0.161.0-0.02-0.210.03-0.22-0.150.49-0.45-0.320.53-0.470.21-0.340.11-0.44
0.730.26-0.140.450.460.640.380.230.090.79-0.190.69-0.210.670.160.93-0.390.420.370.680.340.83-0.150.510.67
0.740.31-0.220.710.510.680.730.020.190.660.020.70.030.670.240.73-0.180.70.650.690.510.780.050.530.71
0.210.940.360.55-0.210.660.490.39-0.410.49-0.220.69-0.220.160.240.27-0.670.630.710.060.680.350.620.370.44
0.810.38-0.150.590.450.710.540.20.020.89-0.130.78-0.150.930.730.27-0.340.560.520.750.410.89-0.090.650.79
-0.11-0.74-0.65-0.410.23-0.54-0.26-0.60.44-0.380.49-0.540.49-0.39-0.18-0.67-0.34-0.45-0.380.02-0.63-0.29-0.33-0.32-0.47
0.30.770.370.99-0.180.520.970.56-0.490.64-0.460.62-0.450.420.70.630.56-0.450.930.190.850.450.510.530.79
0.340.790.230.91-0.110.560.890.45-0.40.68-0.330.69-0.320.370.650.710.52-0.380.930.230.840.490.610.470.68
0.990.0-0.660.20.90.630.24-0.480.630.640.540.650.530.680.690.060.750.020.190.230.060.91-0.320.620.37
0.180.810.490.82-0.240.460.750.6-0.470.55-0.490.57-0.470.340.510.680.41-0.630.850.840.060.340.510.510.6
0.960.35-0.380.450.70.850.42-0.120.320.860.220.890.210.830.780.350.89-0.290.450.490.910.34-0.030.660.64
-0.190.690.540.47-0.490.240.40.45-0.580.27-0.360.34-0.34-0.150.050.62-0.09-0.330.510.61-0.320.51-0.030.040.36
0.660.45-0.080.530.340.550.520.00.060.670.110.610.110.510.530.370.65-0.320.530.470.620.510.660.040.48
0.480.630.30.80.030.70.730.51-0.40.83-0.430.74-0.440.670.710.440.79-0.470.790.680.370.60.640.360.48
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Evertz Technologies Account Relationship Matchups

Evertz Technologies balance sheet Accounts

201920202021202220232024 (projected)
Total Assets443.7M451.8M421.0M436.7M484.7M399.7M
Short Long Term Debt Total30.1M27.9M26.8M28.8M23.2M11.6M
Other Current Liab23.4M8.4M23.5M25.6M8.9M12.5M
Total Current Liabilities120.8M133.1M164.6M171.7M199.1M209.1M
Total Stockholder Equity295.0M292.7M230.9M243.1M263.3M298.6M
Property Plant And Equipment Net76.6M68.4M62.5M55.1M54.8M48.3M
Current Deferred Revenue45.1M58.0M74.3M69.8M119.6M125.6M
Net Debt(44.9M)(83.4M)(7.1M)16.3M(63.1M)(66.3M)
Retained Earnings141.8M140.7M80.6M87.5M97.1M188.7M
Accounts Payable53.0M66.7M55.8M67.2M63.1M43.2M
Cash75.0M108.8M33.9M12.5M86.3M71.4M
Non Current Assets Total99.2M104.2M97.5M93.5M84.2M69.6M
Cash And Short Term Investments75.0M108.8M33.9M12.5M86.3M80.2M
Net Receivables98.5M79.6M106.4M117.9M96.9M82.0M
Common Stock Shares Outstanding76.6M76.4M76.6M76.2M77.0M81.8M
Liabilities And Stockholders Equity443.7M451.8M421.0M436.7M484.7M399.7M
Non Current Liabilities Total25.5M23.8M22.8M18.8M18.9M11.0M
Inventory162.0M152.7M177.3M202.5M206.2M137.7M
Other Stockholder Equity8.2M(294.0M)9.5M(235.0M)(245.5M)1.05
Total Liab146.3M156.9M187.3M190.6M218.0M228.9M
Property Plant And Equipment Gross76.6M172.0M171.5M163.8M170.6M179.1M
Total Current Assets344.5M347.6M323.5M343.2M400.6M330.1M
Accumulated Other Comprehensive Income1.0M(1.1M)(4.1M)(2.4M)20.4M21.5M
Short Term Debt4.6M4.1M4.1M10.0M4.1M6.9M
Good Will20.8M21.1M21.0M21.3M21.4M17.5M
Intangible Assets1.6M4.5M3.3M2.1M1.1M2.0M
Other Current Assets9.0M6.6M5.9M10.3M11.2M7.0M
Common Stock143.9M143.6M143.5M143.3M145.7M132.1M
Net Tangible Assets272.7M267.1M206.6M219.6M197.7M232.4M
Property Plant Equipment76.6M68.4M62.5M55.1M63.4M60.2M
Non Currrent Assets Other1.2M1.0(99.0M)1.1M988.2K938.8K
Long Term Debt Total25.5M23.8M22.8M18.8M21.7M12.8M
Net Invested Capital295.3M295.3M230.9M249.0M263.3M233.6M
Cash And Equivalents75.0M108.8M33.9M12.5M11.2M10.7M
Net Working Capital223.7M214.5M158.9M171.4M201.4M178.2M

Pair Trading with Evertz Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evertz Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evertz Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Evertz Stock

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The ability to find closely correlated positions to Evertz Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertz Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evertz Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evertz Technologies Limited to buy it.
The correlation of Evertz Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evertz Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertz Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evertz Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Evertz Stock

Balance Sheet is a snapshot of the financial position of Evertz Technologies at a specified time, usually calculated after every quarter, six months, or one year. Evertz Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Evertz Technologies 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 Evertz currently owns. An asset can also be divided into two categories, current and non-current.