Eve Cash And Short Term Investments vs Other Stockholder Equity Analysis

EVEX Stock  USD 4.06  0.05  1.22%   
Eve Holding financial indicator trend analysis is much more than just examining Eve Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eve Holding is a good investment. Please check the relationship between Eve Holding Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eve Holding. 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.
For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eve Holding Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eve Holding's Cash And Short Term Investments and Other Stockholder Equity is 0.94. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Eve Holding, assuming nothing else is changed. The correlation between historical values of Eve Holding's Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Eve Holding are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Eve Holding's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Eve Holding balance sheet. This account contains Eve Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Eve Holding fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

Most indicators from Eve Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eve Holding 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 Eve Holding. 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.
For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.At this time, Eve Holding's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 28.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (16.68) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation107.9K24.9K166.6K174.9K
Total Operating Expenses15.8M78.5M128.7M135.1M

Eve Holding fundamental ratios Correlations

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0.730.720.760.870.690.580.080.090.90.890.650.990.76-0.130.990.77-0.97-0.780.950.990.480.990.060.630.99
0.90.840.760.870.860.85-0.390.020.860.890.820.791.0-0.140.820.99-0.82-0.840.90.810.740.80.520.520.8
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0.980.970.580.850.90.98-0.040.040.860.870.990.660.85-0.120.70.8-0.55-0.940.780.670.980.660.170.010.66
-0.010.110.08-0.390.110.04-0.040.110.140.080.110.09-0.390.010.09-0.440.12-0.16-0.060.080.090.09-0.99-0.520.09
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-0.7-0.67-0.97-0.82-0.83-0.65-0.550.12-0.05-0.86-0.86-0.59-0.94-0.820.13-0.94-0.850.72-0.93-0.95-0.42-0.96-0.25-0.77-0.96
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0.880.860.950.90.940.840.78-0.060.090.950.960.810.980.9-0.140.980.9-0.93-0.90.980.680.970.20.530.97
0.80.80.990.810.920.770.670.080.090.940.940.731.00.81-0.131.00.81-0.95-0.850.980.581.00.060.561.0
0.940.950.480.740.850.960.980.090.060.810.810.980.570.74-0.110.620.67-0.42-0.920.680.580.570.03-0.170.57
0.790.790.990.80.910.760.660.090.090.940.940.720.990.8-0.131.00.81-0.96-0.840.971.00.570.060.571.0
0.150.030.060.520.040.10.17-0.99-0.090.020.080.030.050.52-0.030.050.57-0.250.010.20.060.030.060.580.06
0.160.090.630.520.290.090.01-0.52-0.020.330.360.00.550.52-0.070.530.6-0.77-0.140.530.56-0.170.570.580.57
0.790.790.990.80.910.760.660.090.090.940.930.720.990.8-0.131.00.81-0.96-0.840.971.00.571.00.060.57
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Eve Holding Account Relationship Matchups

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