Evergreen Net Income vs Ebitda Analysis
| EVGRW Stock | USD 0.06 0.0001 0.17% |
Evergreen Warrant financial indicator trend analysis is much more than just examining Evergreen Warrant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evergreen Warrant is a good investment. Please check the relationship between Evergreen Warrant Net Income and its Ebitda accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Income vs Ebitda
Net Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evergreen Warrant Net Income account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Evergreen Warrant's Net Income and Ebitda is 0.84. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Evergreen Warrant, assuming nothing else is changed. The correlation between historical values of Evergreen Warrant's Net Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Evergreen Warrant are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Income i.e., Evergreen Warrant's Net Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Evergreen Warrant financial statement analysis. It represents the amount of money remaining after all of Evergreen Warrant operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ebitda
Most indicators from Evergreen Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evergreen Warrant 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Issuance Of Capital Stock is expected to grow at the current pace this year. Enterprise Value Over EBITDA is likely to drop to 45.20 in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 420.5K | 1.3M | 1.5M | 1.6M | Depreciation And Amortization | 420.51 | 5.0M | 5.8M | 6.1M |
Evergreen Warrant fundamental ratios Correlations
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Evergreen Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Evergreen Stock Analysis
When running Evergreen Warrant's price analysis, check to measure Evergreen Warrant'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 Evergreen Warrant is operating at the current time. Most of Evergreen Warrant's value examination focuses on studying past and present price action to predict the probability of Evergreen Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Warrant's price. Additionally, you may evaluate how the addition of Evergreen Warrant to your portfolios can decrease your overall portfolio volatility.