Evolv Pe Ratio vs Payables Turnover Analysis

EVLVW Stock  USD 0.35  0.03  7.89%   
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 Pe Ratio and its Payables Turnover 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.

Pe Ratio vs Payables Turnover

Pe Ratio vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Pe Ratio account and Payables Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between Evolv Technologies' Pe Ratio and Payables Turnover is 0.06. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Payables Turnover 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' Pe Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Evolv Technologies Holdings are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Pe Ratio i.e., Evolv Technologies' Pe Ratio and Payables Turnover go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pe Ratio

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
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 Expense6.7M712K654K621.3K
Depreciation And Amortization2.9M6.3M9.9M10.4M

Evolv Technologies fundamental ratios Correlations

0.40.930.820.990.70.67-0.88-0.750.850.870.730.810.950.85-0.14-0.750.670.910.950.760.570.990.670.650.98
0.40.310.280.39-0.01-0.03-0.44-0.120.460.520.030.760.420.51-0.450.040.520.490.350.250.270.43-0.050.120.45
0.930.310.930.880.840.82-0.67-0.880.910.670.860.620.80.87-0.19-0.540.720.950.980.840.790.880.820.750.86
0.820.280.930.740.860.85-0.47-0.920.970.470.880.480.620.940.07-0.40.880.960.960.920.910.740.850.880.71
0.990.390.880.740.610.58-0.94-0.660.770.930.650.850.990.78-0.15-0.810.590.850.90.670.451.00.580.561.0
0.7-0.010.840.860.611.0-0.3-0.990.810.281.00.210.510.75-0.01-0.450.680.810.820.930.850.61.00.930.58
0.67-0.030.820.850.581.0-0.27-0.990.80.241.00.180.480.740.01-0.420.670.790.80.930.860.571.00.930.55
-0.88-0.44-0.67-0.47-0.94-0.3-0.270.35-0.53-1.0-0.35-0.91-0.97-0.580.210.81-0.36-0.64-0.7-0.39-0.13-0.94-0.26-0.25-0.95
-0.75-0.12-0.88-0.92-0.66-0.99-0.990.35-0.89-0.34-0.99-0.31-0.55-0.830.030.43-0.77-0.88-0.88-0.97-0.9-0.66-0.98-0.94-0.63
0.850.460.910.970.770.810.8-0.53-0.890.540.830.610.670.990.02-0.410.940.990.950.930.890.770.790.870.75
0.870.520.670.470.930.280.24-1.0-0.340.540.320.940.960.6-0.23-0.760.390.650.690.380.140.930.240.240.94
0.730.030.860.880.651.01.0-0.35-0.990.830.320.260.550.77-0.02-0.470.690.830.840.940.850.641.00.930.62
0.810.760.620.480.850.210.18-0.91-0.310.610.940.260.880.67-0.27-0.580.530.690.660.410.220.870.170.260.88
0.950.420.80.620.990.510.48-0.97-0.550.670.960.550.880.7-0.22-0.830.490.770.810.570.310.990.480.450.99
0.850.510.870.940.780.750.74-0.58-0.830.990.60.770.670.70.08-0.460.960.980.940.910.820.80.720.850.78
-0.14-0.45-0.190.07-0.15-0.010.010.210.030.02-0.23-0.02-0.27-0.220.08-0.180.2-0.07-0.040.09-0.04-0.170.00.23-0.18
-0.750.04-0.54-0.4-0.81-0.45-0.420.810.43-0.41-0.76-0.47-0.58-0.83-0.46-0.18-0.27-0.49-0.59-0.46-0.05-0.79-0.42-0.41-0.8
0.670.520.720.880.590.680.67-0.36-0.770.940.390.690.530.490.960.2-0.270.890.810.880.830.610.650.860.59
0.910.490.950.960.850.810.79-0.64-0.880.990.650.830.690.770.98-0.07-0.490.890.980.910.830.860.780.830.84
0.950.350.980.960.90.820.8-0.7-0.880.950.690.840.660.810.94-0.04-0.590.810.980.880.790.890.80.80.87
0.760.250.840.920.670.930.93-0.39-0.970.930.380.940.410.570.910.09-0.460.880.910.880.880.680.920.980.66
0.570.270.790.910.450.850.86-0.13-0.90.890.140.850.220.310.82-0.04-0.050.830.830.790.880.450.850.870.42
0.990.430.880.741.00.60.57-0.94-0.660.770.930.640.870.990.8-0.17-0.790.610.860.890.680.450.570.561.0
0.67-0.050.820.850.581.01.0-0.26-0.980.790.241.00.170.480.720.0-0.420.650.780.80.920.850.570.920.55
0.650.120.750.880.560.930.93-0.25-0.940.870.240.930.260.450.850.23-0.410.860.830.80.980.870.560.920.54
0.980.450.860.711.00.580.55-0.95-0.630.750.940.620.880.990.78-0.18-0.80.590.840.870.660.421.00.550.54
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Evolv Technologies Account Relationship Matchups

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