Envirotech Gross Profit Margin from 2010 to 2024

EVTV Stock  USD 1.54  0.10  6.94%   
Envirotech Vehicles Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin will likely drop to 0.18 in 2024. During the period from 2010 to 2024, Envirotech Vehicles Gross Profit Margin regression line of quarterly data had mean square error of  0.01 and geometric mean of  0.19. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.35125101
Current Value
0.18
Quarterly Volatility
0.10757906
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Envirotech Vehicles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envirotech Vehicles' main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Selling General Administrative of 6.9 M or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 6.8, Dividend Yield of 0.0 or PTB Ratio of 1.04. Envirotech financial statements analysis is a perfect complement when working with Envirotech Vehicles Valuation or Volatility modules.
  
Check out the analysis of Envirotech Vehicles Correlation against competitors.
For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.

Latest Envirotech Vehicles' Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Envirotech Vehicles over the last few years. It is Envirotech Vehicles' Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envirotech Vehicles' overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Very volatile
   Gross Profit Margin   
       Timeline  

Envirotech Gross Profit Margin Regression Statistics

Arithmetic Mean0.23
Geometric Mean0.19
Coefficient Of Variation46.22
Mean Deviation0.08
Median0.26
Standard Deviation0.11
Sample Variance0.01
Range0.3579
R-Value0.01
Mean Square Error0.01
R-Squared0.000054
Significance0.98
Slope0.0002
Total Sum of Squares0.16

Envirotech Gross Profit Margin History

2024 0.18
2023 0.35
2022 0.38
2021 0.37
2020 0.17
2019 0.0705
2018 0.0265

About Envirotech Vehicles Financial Statements

Envirotech Vehicles investors use historical fundamental indicators, such as Envirotech Vehicles' Gross Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Envirotech Vehicles. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.35  0.18 

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Additional Tools for Envirotech Stock Analysis

When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' 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 Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.