EverCommerce Good Will vs Cash Analysis
EVCM Stock | USD 12.03 0.12 0.99% |
EverCommerce financial indicator trend analysis is much more than just examining EverCommerce latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EverCommerce is a good investment. Please check the relationship between EverCommerce Good Will and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverCommerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.
Good Will vs Cash
Good Will vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EverCommerce Good Will account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EverCommerce's Good Will and Cash is 0.95. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of EverCommerce, assuming nothing else is changed. The correlation between historical values of EverCommerce's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of EverCommerce are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., EverCommerce's Good Will and Cash go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Cash
Cash refers to the most liquid asset of EverCommerce, which is listed under current asset account on EverCommerce balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EverCommerce customers. The amounts must be unrestricted with restricted cash listed in a different EverCommerce account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from EverCommerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EverCommerce 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 EverCommerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.EverCommerce reported last year Issuance Of Capital Stock of (176,000). As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.29, while Tax Provision is likely to drop (283.5 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 36.1M | 33.9M | 46.4M | 43.6M | Depreciation And Amortization | 101.4M | 110.8M | 104.2M | 98.2M |
EverCommerce fundamental ratios Correlations
Click cells to compare fundamentals
EverCommerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Application Software 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 EverCommerce. If investors know EverCommerce 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 EverCommerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 3.724 | Quarterly Revenue Growth 0.009 | Return On Assets 0.012 | Return On Equity (0.06) |
The market value of EverCommerce is measured differently than its book value, which is the value of EverCommerce that is recorded on the company's balance sheet. Investors also form their own opinion of EverCommerce's value that differs from its market value or its book value, called intrinsic value, which is EverCommerce's 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 EverCommerce's market value can be influenced by many factors that don't directly affect EverCommerce's 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 EverCommerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverCommerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverCommerce's 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.