EverQuote Selling General Administrative vs Total Assets Analysis
EVER Stock | USD 18.82 0.32 1.73% |
EverQuote financial indicator trend analysis is much more than just examining EverQuote Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EverQuote Class A is a good investment. Please check the relationship between EverQuote Selling General Administrative and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverQuote Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Selling General Administrative vs Total Assets
Selling General Administrative vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EverQuote Class A Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between EverQuote's Selling General Administrative and Total Assets is 0.33. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of EverQuote Class A, assuming nothing else is changed. The correlation between historical values of EverQuote's Selling General Administrative 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 Selling General Administrative of EverQuote Class A 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 Selling General Administrative i.e., EverQuote's Selling General Administrative and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling General Administrative
Total Assets
Total assets refers to the total amount of EverQuote 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 EverQuote Class A 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 EverQuote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EverQuote Class A 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 EverQuote Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. As of 12/11/2024, Tax Provision is likely to grow to about 630 K, while Selling General Administrative is likely to drop slightly above 20.8 M.
EverQuote fundamental ratios Correlations
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EverQuote Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EverQuote fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 91.2M | 129.1M | 143.6M | 156.5M | 110.9M | 105.4M | |
Total Current Liabilities | 38.4M | 46.8M | 47.4M | 45.4M | 29.9M | 23.7M | |
Total Stockholder Equity | 51.8M | 71.0M | 85.1M | 107.5M | 80.9M | 76.9M | |
Retained Earnings | (107.0M) | (118.2M) | (137.6M) | (162.1M) | (213.3M) | (202.7M) | |
Accounts Payable | 23.7M | 33.0M | 29.6M | 30.7M | 17.2M | 15.9M | |
Cash | 46.1M | 42.9M | 34.9M | 30.8M | 38.0M | 36.1M | |
Other Assets | 691K | 12.3M | 108.8M | 50.1M | 57.7M | 60.5M | |
Total Liab | 39.5M | 58.1M | 58.5M | 49.0M | 30.0M | 28.5M | |
Total Current Assets | 85.3M | 42.9M | 84.7M | 81.0M | 69.2M | 42.8M | |
Common Stock | 27K | 28K | 30K | 32K | 35K | 18.0K | |
Property Plant Equipment | 5.2M | 6.2M | 5.8M | 12.2M | 11.0M | 19.0M | |
Other Current Liab | 2.0M | 6.8M | 10.3M | 7.0M | 8.8M | 8.3M | |
Other Liab | 1.1M | 3.1M | 5.5M | 125K | 112.5K | 106.9K | |
Net Tangible Assets | 51.8M | 57.8M | 53.5M | 78.0M | 70.2M | 66.7M | |
Other Stockholder Equity | 158.8M | 189.2M | 222.7M | 269.5M | 294.2M | 308.9M | |
Short Term Debt | 11.3M | 5.2M | 5.4M | 5.9M | 2.1M | 2.0M | |
Common Stock Shares Outstanding | 25.8M | 27.3M | 29.1M | 31.6M | 33.4M | 26.5M | |
Property Plant And Equipment Net | 5.2M | 15.8M | 13.1M | 12.2M | 7.3M | 8.6M | |
Current Deferred Revenue | 1.5M | 1.9M | 2.1M | 1.9M | 1.9M | 1.7M | |
Net Debt | (46.1M) | (32.2M) | (26.6M) | (24.4M) | (35.8M) | (37.6M) | |
Non Current Assets Total | 5.9M | 86.2M | 58.9M | 75.5M | 41.7M | 38.4M | |
Non Currrent Assets Other | 691K | 57.2M | 14.1M | 33.9M | 7.7M | 7.3M | |
Cash And Short Term Investments | 46.1M | 42.9M | 34.9M | 30.8M | 38.0M | 34.2M | |
Net Receivables | 32.2M | 46.1M | 44.9M | 43.1M | 25.5M | 32.5M | |
Common Stock Total Equity | 26K | 27K | 28K | 30K | 34.5K | 23.7K | |
Liabilities And Stockholders Equity | 91.2M | 129.1M | 143.6M | 156.5M | 110.9M | 102.6M | |
Non Current Liabilities Total | 1.1M | 11.2M | 11.1M | 3.6M | 70K | 66.5K | |
Other Current Assets | 7.1M | 13.1M | 19.1M | 7.0M | 5.8M | 7.5M | |
Property Plant And Equipment Gross | 5.2M | 15.8M | 25.0M | 25.5M | 21.7M | 14.0M | |
Accumulated Other Comprehensive Income | 0.0 | (7K) | 10K | (6K) | 29K | 30.5K | |
Net Invested Capital | 51.8M | 71.0M | 85.1M | 107.5M | 80.9M | 61.8M | |
Net Working Capital | 46.9M | 50.6M | 37.3M | 35.6M | 39.3M | 39.5M |
Pair Trading with EverQuote
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 EverQuote 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 EverQuote will appreciate offsetting losses from the drop in the long position's value.Moving together with EverQuote Stock
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The ability to find closely correlated positions to EverQuote could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EverQuote 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 EverQuote - 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 EverQuote Class A to buy it.
The correlation of EverQuote 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 EverQuote moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EverQuote Class A 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 EverQuote 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.Additional Tools for EverQuote Stock Analysis
When running EverQuote's price analysis, check to measure EverQuote'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 EverQuote is operating at the current time. Most of EverQuote's value examination focuses on studying past and present price action to predict the probability of EverQuote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverQuote's price. Additionally, you may evaluate how the addition of EverQuote to your portfolios can decrease your overall portfolio volatility.