Evolv Capital Expenditures vs Free Cash Flow Analysis

EVLVW Stock

USD 0.28 0.03 9.68%

Evolv Technologies financial indicator trend analysis is much more than just examining Evolv Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evolv Technologies is a good investment. Please check the relationship between Evolv Technologies Capital Expenditures and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Evolv Technologies' Capital Expenditures and Free Cash Flow is -0.77. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Evolv Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Evolv Technologies' Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Evolv Technologies Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Evolv Technologies' Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.77

Relationship Direction	Negative
Relationship Strength	Weak

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Capital Expenditures

Capital Expenditures are funds used by Evolv Technologies to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Evolv Technologies operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Evolv Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolv Technologies 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 Evolv Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Sales General And Administrative To Revenue is likely to climb to 0.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 23.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	6.7M	712K	654K	621.3K
Depreciation And Amortization	2.9M	6.3M	9.9M	10.4M

Interest Expense Depreciation And Amortization

Evolv Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.4	0.93	0.82	0.99	0.7	0.67	-0.88	-0.75	0.85	0.87	0.73	0.81	0.95	0.85	-0.14	-0.75	0.67	0.91	0.95	0.76	0.57	0.99	0.67	0.65	0.98
Short Long Term Debt Total	0.4		0.31	0.28	0.39	-0.01	-0.03	-0.44	-0.12	0.46	0.52	0.03	0.76	0.42	0.51	-0.45	0.04	0.52	0.49	0.35	0.25	0.27	0.43	-0.05	0.12	0.45
Other Current Liab	0.93	0.31		0.93	0.88	0.84	0.82	-0.67	-0.88	0.91	0.67	0.86	0.62	0.8	0.87	-0.19	-0.54	0.72	0.95	0.98	0.84	0.79	0.88	0.82	0.75	0.86
Total Current Liabilities	0.82	0.28	0.93		0.74	0.86	0.85	-0.47	-0.92	0.97	0.47	0.88	0.48	0.62	0.94	0.07	-0.4	0.88	0.96	0.96	0.92	0.91	0.74	0.85	0.88	0.71
Total Stockholder Equity	0.99	0.39	0.88	0.74		0.61	0.58	-0.94	-0.66	0.77	0.93	0.65	0.85	0.99	0.78	-0.15	-0.81	0.59	0.85	0.9	0.67	0.45	1.0	0.58	0.56	1.0
Property Plant And Equipment Net	0.7	-0.01	0.84	0.86	0.61		1.0	-0.3	-0.99	0.81	0.28	1.0	0.21	0.51	0.75	-0.01	-0.45	0.68	0.81	0.82	0.93	0.85	0.6	1.0	0.93	0.58
Current Deferred Revenue	0.67	-0.03	0.82	0.85	0.58	1.0		-0.27	-0.99	0.8	0.24	1.0	0.18	0.48	0.74	0.01	-0.42	0.67	0.79	0.8	0.93	0.86	0.57	1.0	0.93	0.55
Net Debt	-0.88	-0.44	-0.67	-0.47	-0.94	-0.3	-0.27		0.35	-0.53	-1.0	-0.35	-0.91	-0.97	-0.58	0.21	0.81	-0.36	-0.64	-0.7	-0.39	-0.13	-0.94	-0.26	-0.25	-0.95
Retained Earnings	-0.75	-0.12	-0.88	-0.92	-0.66	-0.99	-0.99	0.35		-0.89	-0.34	-0.99	-0.31	-0.55	-0.83	0.03	0.43	-0.77	-0.88	-0.88	-0.97	-0.9	-0.66	-0.98	-0.94	-0.63
Accounts Payable	0.85	0.46	0.91	0.97	0.77	0.81	0.8	-0.53	-0.89		0.54	0.83	0.61	0.67	0.99	0.02	-0.41	0.94	0.99	0.95	0.93	0.89	0.77	0.79	0.87	0.75
Cash	0.87	0.52	0.67	0.47	0.93	0.28	0.24	-1.0	-0.34	0.54		0.32	0.94	0.96	0.6	-0.23	-0.76	0.39	0.65	0.69	0.38	0.14	0.93	0.24	0.24	0.94
Non Current Assets Total	0.73	0.03	0.86	0.88	0.65	1.0	1.0	-0.35	-0.99	0.83	0.32		0.26	0.55	0.77	-0.02	-0.47	0.69	0.83	0.84	0.94	0.85	0.64	1.0	0.93	0.62
Non Currrent Assets Other	0.81	0.76	0.62	0.48	0.85	0.21	0.18	-0.91	-0.31	0.61	0.94	0.26		0.88	0.67	-0.27	-0.58	0.53	0.69	0.66	0.41	0.22	0.87	0.17	0.26	0.88
Cash And Short Term Investments	0.95	0.42	0.8	0.62	0.99	0.51	0.48	-0.97	-0.55	0.67	0.96	0.55	0.88		0.7	-0.22	-0.83	0.49	0.77	0.81	0.57	0.31	0.99	0.48	0.45	0.99
Net Receivables	0.85	0.51	0.87	0.94	0.78	0.75	0.74	-0.58	-0.83	0.99	0.6	0.77	0.67	0.7		0.08	-0.46	0.96	0.98	0.94	0.91	0.82	0.8	0.72	0.85	0.78
Common Stock Shares Outstanding	-0.14	-0.45	-0.19	0.07	-0.15	-0.01	0.01	0.21	0.03	0.02	-0.23	-0.02	-0.27	-0.22	0.08		-0.18	0.2	-0.07	-0.04	0.09	-0.04	-0.17	0.0	0.23	-0.18
Non Current Liabilities Total	-0.75	0.04	-0.54	-0.4	-0.81	-0.45	-0.42	0.81	0.43	-0.41	-0.76	-0.47	-0.58	-0.83	-0.46	-0.18		-0.27	-0.49	-0.59	-0.46	-0.05	-0.79	-0.42	-0.41	-0.8
Capital Lease Obligations	0.67	0.52	0.72	0.88	0.59	0.68	0.67	-0.36	-0.77	0.94	0.39	0.69	0.53	0.49	0.96	0.2	-0.27		0.89	0.81	0.88	0.83	0.61	0.65	0.86	0.59
Inventory	0.91	0.49	0.95	0.96	0.85	0.81	0.79	-0.64	-0.88	0.99	0.65	0.83	0.69	0.77	0.98	-0.07	-0.49	0.89		0.98	0.91	0.83	0.86	0.78	0.83	0.84
Other Current Assets	0.95	0.35	0.98	0.96	0.9	0.82	0.8	-0.7	-0.88	0.95	0.69	0.84	0.66	0.81	0.94	-0.04	-0.59	0.81	0.98		0.88	0.79	0.89	0.8	0.8	0.87
Other Stockholder Equity	0.76	0.25	0.84	0.92	0.67	0.93	0.93	-0.39	-0.97	0.93	0.38	0.94	0.41	0.57	0.91	0.09	-0.46	0.88	0.91	0.88		0.88	0.68	0.92	0.98	0.66
Total Liab	0.57	0.27	0.79	0.91	0.45	0.85	0.86	-0.13	-0.9	0.89	0.14	0.85	0.22	0.31	0.82	-0.04	-0.05	0.83	0.83	0.79	0.88		0.45	0.85	0.87	0.42
Net Invested Capital	0.99	0.43	0.88	0.74	1.0	0.6	0.57	-0.94	-0.66	0.77	0.93	0.64	0.87	0.99	0.8	-0.17	-0.79	0.61	0.86	0.89	0.68	0.45		0.57	0.56	1.0
Property Plant And Equipment Gross	0.67	-0.05	0.82	0.85	0.58	1.0	1.0	-0.26	-0.98	0.79	0.24	1.0	0.17	0.48	0.72	0.0	-0.42	0.65	0.78	0.8	0.92	0.85	0.57		0.92	0.55
Short Long Term Debt	0.65	0.12	0.75	0.88	0.56	0.93	0.93	-0.25	-0.94	0.87	0.24	0.93	0.26	0.45	0.85	0.23	-0.41	0.86	0.83	0.8	0.98	0.87	0.56	0.92		0.54
Total Current Assets	0.98	0.45	0.86	0.71	1.0	0.58	0.55	-0.95	-0.63	0.75	0.94	0.62	0.88	0.99	0.78	-0.18	-0.8	0.59	0.84	0.87	0.66	0.42	1.0	0.55	0.54

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C	Citigroup
GM	General Motors
F	Ford Motor

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Evolv Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Evolv Technologies fundamental ratios Correlations

Evolv Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Current Deferred Revenue	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Current Deferred Revenue

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Current Deferred Revenue
Retained Earnings	- 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings