Evergreen Corp Stock Cash Flow From Operations
EVGR Stock | USD 11.86 0.02 0.17% |
Evergreen Corp fundamentals help investors to digest information that contributes to Evergreen Corp's financial success or failures. It also enables traders to predict the movement of Evergreen Stock. The fundamental analysis module provides a way to measure Evergreen 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 Evergreen Corp stock.
Evergreen | Cash Flow From Operations |
Evergreen Corp Company Cash Flow From Operations Analysis
Evergreen Corp's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Evergreen Corp Cash Flow From Operations | (804.29 K) |
Most of Evergreen Corp's fundamental indicators, such as Cash Flow From Operations, 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, Evergreen Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Evergreen Cash Flow From Operations Driver Correlations
Understanding the fundamental principles of building solid financial models for Evergreen Corp is extremely important. It helps to project a fair market value of Evergreen Stock properly, considering its historical fundamentals such as Cash Flow From Operations. Since Evergreen 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 Evergreen 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 Evergreen Corp's interrelated accounts and indicators.
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Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Competition |
In accordance with the recently published financial statements, Evergreen Corp has (804,295) in Cash Flow From Operations. This is 100.03% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The cash flow from operations for all United States stocks is 100.08% higher than that of the company.
Evergreen Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evergreen Corp's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evergreen Corp could also be used in its relative valuation, which is a method of valuing Evergreen Corp by comparing valuation metrics of similar companies.Evergreen Corp is currently under evaluation in cash flow from operations category among its peers.
Evergreen 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, Evergreen Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Evergreen Corp's managers, analysts, and investors.Environmental | Governance | Social |
Evergreen Fundamentals
Return On Asset | -0.0101 | ||||
Current Valuation | 100.73 M | ||||
Shares Outstanding | 5.2 M | ||||
Shares Owned By Institutions | 85.80 % | ||||
Number Of Shares Shorted | 1.95 K | ||||
Price To Book | 2.13 X | ||||
EBITDA | 3.67 M | ||||
Net Income | 3.67 M | ||||
Cash And Equivalents | 388.73 K | ||||
Cash Per Share | 0.03 X | ||||
Total Debt | 3.59 M | ||||
Book Value Per Share | (1.19) X | ||||
Cash Flow From Operations | (804.29 K) | ||||
Short Ratio | 1.60 X | ||||
Earnings Per Share | 0.28 X | ||||
Market Capitalization | 95.73 M | ||||
Total Asset | 83.14 M | ||||
Retained Earnings | (7.92 M) | ||||
Working Capital | (3.89 M) | ||||
Net Asset | 83.14 M |
About Evergreen Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evergreen Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evergreen Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evergreen 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.
Pair Trading with Evergreen Corp
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 Corp 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 Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Evergreen Stock
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0.71 | DIST | Distoken Acquisition | PairCorr |
0.64 | AB | AllianceBernstein Normal Trading | PairCorr |
0.71 | AC | Associated Capital | PairCorr |
Moving against Evergreen Stock
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0.67 | WU | Western Union | PairCorr |
0.5 | PT | Pintec Technology | PairCorr |
0.48 | WD | Walker Dunlop | PairCorr |
0.39 | LU | Lufax Holding | PairCorr |
The ability to find closely correlated positions to Evergreen Corp 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 Corp 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 Corp - 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 Corp to buy it.
The correlation of Evergreen Corp 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 Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evergreen Corp 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 Corp 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.Additional Tools for Evergreen Stock Analysis
When running Evergreen Corp's price analysis, check to measure Evergreen 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 Evergreen Corp is operating at the current time. Most of Evergreen Corp's value examination focuses on studying past and present price action to predict the probability of Evergreen 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 Evergreen Corp's price. Additionally, you may evaluate how the addition of Evergreen Corp to your portfolios can decrease your overall portfolio volatility.