Evolv Capital Expenditures vs Investments 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 Investments 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 Investments
Capital Expenditures vs Investments 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 Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Evolv Technologies' Capital Expenditures and Investments is -1.0. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Investments 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 Investments 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 Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Capital Expenditures i.e., Evolv Technologies' Capital Expenditures and Investments go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
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.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.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 |
Evolv Technologies fundamental ratios Correlations
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Evolv Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Evolv Technologies' price analysis, check to measure Evolv Technologies' 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 Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.