Evolv Total Current Assets vs Property Plant And Equipment Gross Analysis

EVLVW Stock  USD 0.34  0.01  4.29%   
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 Total Current Assets and its Property Plant And Equipment Gross 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.

Total Current Assets vs Property Plant And Equipment Gross

Total Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Total Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Evolv Technologies' Total Current Assets and Property Plant And Equipment Gross is 0.55. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Gross 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' Total Current Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Evolv Technologies Holdings are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Assets i.e., Evolv Technologies' Total Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Gross

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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