Evergreen Warrant Working Capital vs. Net Income
| EVGRW Stock | USD 0.06 0.0001 0.17% |
Working Capital | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 0.0274 | 0.0441 |
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For Evergreen Warrant profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Evergreen Warrant to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Evergreen Warrant utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Evergreen Warrant's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Evergreen Warrant over time as well as its relative position and ranking within its peers.
Evergreen |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evergreen Warrant. If investors know Evergreen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evergreen Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Return On Assets (0.01) |
The market value of Evergreen Warrant is measured differently than its book value, which is the value of Evergreen that is recorded on the company's balance sheet. Investors also form their own opinion of Evergreen Warrant's value that differs from its market value or its book value, called intrinsic value, which is Evergreen Warrant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evergreen Warrant's market value can be influenced by many factors that don't directly affect Evergreen Warrant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evergreen Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evergreen Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evergreen Warrant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Evergreen Warrant Net Income vs. Working Capital Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Evergreen Warrant's current stock value. Our valuation model uses many indicators to compare Evergreen Warrant value to that of its competitors to determine the firm's financial worth. Evergreen Warrant is rated below average in working capital category among its peers. It is rated # 3 in net income category among its peers . At this time, Evergreen Warrant's Working Capital is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Evergreen Warrant by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Evergreen Net Income vs. Working Capital
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Evergreen Warrant |
| = | (3.89 M) |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Evergreen Warrant |
| = | 3.67 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Evergreen Net Income Comparison
Evergreen Warrant is currently under evaluation in net income category among its peers.
Evergreen Warrant Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Evergreen Warrant, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Evergreen Warrant will eventually generate negative long term returns. The profitability progress is the general direction of Evergreen Warrant's change in net profit over the period of time. It can combine multiple indicators of Evergreen Warrant, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -1.2 M | -1.1 M | |
| Income Before Tax | 4.2 M | 4.4 M | |
| Total Other Income Expense Net | 5.8 M | 6.1 M | |
| Net Income | 4.2 M | 4.4 M | |
| Income Tax Expense | -1.2 M | -1.3 M | |
| Net Interest Income | 5.8 M | 3.5 M | |
| Interest Income | 5.8 M | 3.5 M | |
| Net Income From Continuing Ops | 4.2 M | 2.5 M | |
| Net Income Per Share | 0.25 | 0.26 | |
| Income Quality | (0.20) | (0.21) | |
| Net Income Per E B T | 2.22 | 1.97 |
Evergreen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Evergreen Warrant. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Evergreen Warrant position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Evergreen Warrant's important profitability drivers and their relationship over time.
Use Evergreen Warrant in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evergreen Warrant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evergreen Warrant will appreciate offsetting losses from the drop in the long position's value.Evergreen Warrant Pair Trading
Evergreen Warrant Pair Trading Analysis
The ability to find closely correlated positions to Evergreen Warrant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evergreen Warrant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evergreen Warrant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evergreen Warrant to buy it.
The correlation of Evergreen Warrant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evergreen Warrant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evergreen Warrant moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evergreen Warrant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Evergreen Warrant position
In addition to having Evergreen Warrant in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Evergreen Stock Analysis
When running Evergreen Warrant's price analysis, check to measure Evergreen Warrant's 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 Evergreen Warrant is operating at the current time. Most of Evergreen Warrant's value examination focuses on studying past and present price action to predict the probability of Evergreen Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Warrant's price. Additionally, you may evaluate how the addition of Evergreen Warrant to your portfolios can decrease your overall portfolio volatility.