Evolv Roic vs Capex To Revenue 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 Roic and its Capex To Revenue 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.

Roic vs Capex To Revenue

Roic vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Roic account and Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Evolv Technologies' Roic and Capex To Revenue is -0.35. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Capex To Revenue 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' Roic and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Evolv Technologies Holdings are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Roic i.e., Evolv Technologies' Roic and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

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Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical 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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Evolv Roic vs Capex To Revenue Analysis

Roic vs Capex To Revenue

Roic vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Roic

Capex To Revenue

Evolv Technologies fundamental ratios Correlations

Evolv Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Evolv Stock Analysis

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