Enovis Corp Stock Short Ratio

ENOV Stock

USD 35.81 0.57 1.57%

Enovis Corp fundamentals help investors to digest information that contributes to Enovis Corp's financial success or failures. It also enables traders to predict the movement of Enovis Stock. The fundamental analysis module provides a way to measure Enovis Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enovis Corp stock.

Total Stockholder Equity Total Assets

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Enovis Corp Company Short Ratio Analysis

Enovis Corp's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Enovis Corp Short Ratio

7.96 X

Most of Enovis Corp's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enovis Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Enovis Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Enovis Corp is extremely important. It helps to project a fair market value of Enovis Stock properly, considering its historical fundamentals such as Short Ratio. Since Enovis Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enovis Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enovis Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Total Liab	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Property Plant Equipment	Long Term Debt Total	Capital Surpluse
Total Assets		0.85	0.89	0.22	0.72	0.54	0.6	0.63	0.98	0.89	-0.06	0.94	0.8	-0.36	0.46	0.23	0.52	-0.14	0.38	0.29	0.5	0.29	0.28
Total Stockholder Equity	0.85		0.53	0.05	0.49	0.69	0.24	0.31	0.91	0.63	0.24	0.74	0.89	-0.46	0.19	0.42	0.39	0.2	0.04	0.07	0.38	-0.08	-0.08
Total Liab	0.89	0.53		0.29	0.77	0.26	0.74	0.72	0.81	0.89	-0.3	0.88	0.56	-0.22	0.62	0.04	0.55	-0.41	0.59	0.42	0.52	0.54	0.53
Current Deferred Revenue	0.22	0.05	0.29		0.1	0.51	0.51	0.6	0.13	0.42	-0.37	0.34	-0.2	0.47	0.04	-0.6	0.0	-0.34	0.45	0.33	-0.13	0.56	0.56
Net Debt	0.72	0.49	0.77	0.1		0.43	0.37	0.35	0.74	0.5	-0.1	0.7	0.59	-0.57	0.73	0.27	0.77	-0.21	0.61	0.23	0.75	0.62	0.62
Retained Earnings	0.54	0.69	0.26	0.51	0.43		0.23	0.34	0.6	0.38	0.11	0.57	0.42	-0.12	0.04	-0.05	0.28	0.13	0.24	0.09	0.19	0.28	0.3
Accounts Payable	0.6	0.24	0.74	0.51	0.37	0.23		0.98	0.49	0.79	-0.27	0.61	0.09	0.38	0.05	-0.48	-0.06	-0.32	0.34	0.17	-0.11	0.45	0.45
Net Receivables	0.63	0.31	0.72	0.6	0.35	0.34	0.98		0.52	0.8	-0.29	0.64	0.15	0.36	0.05	-0.45	-0.09	-0.31	0.28	0.13	-0.13	0.4	0.4
Good Will	0.98	0.91	0.81	0.13	0.74	0.6	0.49	0.52		0.77	0.05	0.9	0.87	-0.48	0.45	0.36	0.54	-0.03	0.3	0.18	0.55	0.2	0.21
Total Current Assets	0.89	0.63	0.89	0.42	0.5	0.38	0.79	0.8	0.77		-0.23	0.88	0.48	0.06	0.3	-0.16	0.34	-0.31	0.48	0.49	0.25	0.39	0.39
Short Term Debt	-0.06	0.24	-0.3	-0.37	-0.1	0.11	-0.27	-0.29	0.05	-0.23		-0.19	0.21	-0.25	-0.43	0.34	-0.17	0.98	-0.46	-0.6	-0.07	-0.46	-0.43
Common Stock	0.94	0.74	0.88	0.34	0.7	0.57	0.61	0.64	0.9	0.88	-0.19		0.65	-0.24	0.51	0.08	0.58	-0.27	0.56	0.45	0.54	0.45	0.46
Intangible Assets	0.8	0.89	0.56	-0.2	0.59	0.42	0.09	0.15	0.87	0.48	0.21	0.65		-0.75	0.45	0.72	0.5	0.15	-0.02	-0.03	0.57	-0.15	-0.16
Net Tangible Assets	-0.36	-0.46	-0.22	0.47	-0.57	-0.12	0.38	0.36	-0.48	0.06	-0.25	-0.24	-0.75		-0.62	-0.92	-0.64	-0.18	-0.01	0.16	-0.79	0.11	0.11
Long Term Debt	0.46	0.19	0.62	0.04	0.73	0.04	0.05	0.05	0.45	0.3	-0.43	0.51	0.45	-0.62		0.4	0.86	-0.52	0.67	0.48	0.86	0.56	0.54
Deferred Long Term Liab	0.23	0.42	0.04	-0.6	0.27	-0.05	-0.48	-0.45	0.36	-0.16	0.34	0.08	0.72	-0.92	0.4		0.38	0.28	-0.28	-0.31	0.59	-0.45	-0.45
Net Invested Capital	0.52	0.39	0.55	0.0	0.77	0.28	-0.06	-0.09	0.54	0.34	-0.17	0.58	0.5	-0.64	0.86	0.38		-0.28	0.75	0.59	0.93	0.57	0.57
Short Long Term Debt	-0.14	0.2	-0.41	-0.34	-0.21	0.13	-0.32	-0.31	-0.03	-0.31	0.98	-0.27	0.15	-0.18	-0.52	0.28	-0.28		-0.54	-0.65	-0.18	-0.52	-0.5
Capital Stock	0.38	0.04	0.59	0.45	0.61	0.24	0.34	0.28	0.3	0.48	-0.46	0.56	-0.02	-0.01	0.67	-0.28	0.75	-0.54		0.79	0.59	0.93	0.93
Net Working Capital	0.29	0.07	0.42	0.33	0.23	0.09	0.17	0.13	0.18	0.49	-0.6	0.45	-0.03	0.16	0.48	-0.31	0.59	-0.65	0.79		0.35	0.61	0.59
Property Plant Equipment	0.5	0.38	0.52	-0.13	0.75	0.19	-0.11	-0.13	0.55	0.25	-0.07	0.54	0.57	-0.79	0.86	0.59	0.93	-0.18	0.59	0.35		0.4	0.41
Long Term Debt Total	0.29	-0.08	0.54	0.56	0.62	0.28	0.45	0.4	0.2	0.39	-0.46	0.45	-0.15	0.11	0.56	-0.45	0.57	-0.52	0.93	0.61	0.4		1.0
Capital Surpluse	0.28	-0.08	0.53	0.56	0.62	0.3	0.45	0.4	0.21	0.39	-0.43	0.46	-0.16	0.11	0.54	-0.45	0.57	-0.5	0.93	0.59	0.41	1.0

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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Competition

Predict Enovis Corp

Enovis Discontinued Operations

Discontinued Operations

31.91 Million

At this time, Enovis Corp's Discontinued Operations is fairly stable compared to the past year.

Based on the latest financial disclosure, Enovis Corp has a Short Ratio of 7.96 times. This is 51.91% higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The short ratio for all United States stocks is 99.0% lower than that of the firm.

Enovis Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enovis Corp's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enovis Corp could also be used in its relative valuation, which is a method of valuing Enovis Corp by comparing valuation metrics of similar companies.

Enovis Corp is currently under evaluation in short ratio category among its peers.

Enovis Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Enovis Corp from analyzing Enovis Corp's financial statements. These drivers represent accounts that assess Enovis Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Enovis Corp's important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	3.0B	4.0B	2.9B	3.1B	2.4B	1.5B
Enterprise Value	5.3B	5.6B	3.2B	3.6B	2.5B	2.1B

Enovis Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Enovis Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Enovis Corp's managers, analysts, and investors.

Environmental

Governance

Social

Enovis Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Enovis Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Enovis Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Enovis Corp's value.

		Shares
Citadel Advisors Llc	2024-12-31	994.3 K
Bank Of America Corp	2024-12-31	992.6 K
Geode Capital Management, Llc	2024-12-31	923.7 K
Ubs Group Ag	2024-12-31	871.2 K
Morgan Stanley - Brokerage Accounts	2024-12-31	830.8 K
Magnetar Financial Llc	2024-12-31	737.7 K
Royal Bank Of Canada	2024-12-31	707.4 K
Artemis Investment Management Llp	2024-12-31	665.9 K
Hood River Capital Management Llc	2024-12-31	661.4 K
T. Rowe Price Investment Management,inc.	2024-12-31	6.2 M
Blackrock Inc	2024-12-31	5.7 M

Enovis Fundamentals

	Return On Equity	-0.28
	Return On Asset	0.0073
	Profit Margin	(0.39) %
	Operating Margin	0.07 %
	Current Valuation	3.46 B
	Shares Outstanding	56.96 M
	Shares Owned By Insiders	0.94 %
	Shares Owned By Institutions	99.06 %
	Number Of Shares Shorted	5.55 M
	Price To Earning	9.48 X
	Price To Book	0.82 X
	Price To Sales	0.98 X
	Revenue	2.11 B
	Gross Profit	1.25 B
	EBITDA	(827.42 M)
	Net Income	(824.82 M)
	Cash And Equivalents	358.68 M
	Cash Per Share	6.63 X
	Total Debt	72.49 M
	Debt To Equity	0.15 %
	Current Ratio	1.33 X
	Book Value Per Share	45.86 X
	Cash Flow From Operations	113.5 M
	Short Ratio	7.96 X
	Earnings Per Share	(14.98) X
	Price To Earnings To Growth	1.90 X
	Target Price	64.5
	Number Of Employees	7.37 K
	Beta	2.15
	Market Capitalization	2.07 B
	Total Asset	4.72 B
	Retained Earnings	(283.02 M)
	Working Capital	617.45 M
	Net Asset	4.72 B

About Enovis Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enovis Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enovis Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enovis Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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

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