EVE Selling General Administrative vs Discontinued Operations Analysis
| 300014 Stock | 43.79 1.11 2.47% |
EVE Energy financial indicator trend analysis is much more than just examining EVE Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVE Energy is a good investment. Please check the relationship between EVE Energy Selling General Administrative and its Discontinued Operations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in EVE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative vs Discontinued Operations
Selling General Administrative vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVE Energy Selling General Administrative account and Discontinued Operations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between EVE Energy's Selling General Administrative and Discontinued Operations is -0.64. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of EVE Energy, assuming nothing else is changed. The correlation between historical values of EVE Energy's Selling General Administrative and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of EVE Energy are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Selling General Administrative i.e., EVE Energy's Selling General Administrative and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Selling General Administrative
Discontinued Operations
Most indicators from EVE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVE Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in EVE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, EVE Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 372.5 M, whereas Discontinued Operations is forecasted to decline to about 99.7 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Operating Income | 2.8B | 5.0B | 5.7B | 6.0B | Total Revenue | 36.3B | 48.8B | 56.1B | 58.9B |
EVE Energy fundamental ratios Correlations
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EVE Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EVE Energy fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 25.7B | 44.5B | 83.6B | 94.4B | 108.5B | 113.9B | |
| Other Current Liab | 799.1M | 1.0B | 2.3B | 1.2B | 1.4B | 1.5B | |
| Total Current Liabilities | 7.2B | 14.9B | 32.2B | 37.9B | 43.6B | 45.8B | |
| Total Stockholder Equity | 14.4B | 17.9B | 30.4B | 34.7B | 39.9B | 41.9B | |
| Retained Earnings | 4.7B | 7.6B | 10.9B | 14.2B | 16.3B | 17.1B | |
| Accounts Payable | 5.8B | 11.6B | 25.3B | 30.2B | 34.7B | 36.4B | |
| Cash | 3.8B | 6.8B | 9.0B | 10.5B | 12.1B | 12.7B | |
| Other Assets | 1.7B | 1.2B | 3.6B | 7.7B | 8.9B | 9.3B | |
| Net Receivables | 3.0B | 6.9B | 9.4B | 12.4B | 14.3B | 15.0B | |
| Inventory | 1.7B | 3.7B | 8.6B | 6.3B | 7.3B | 7.6B | |
| Other Current Assets | 500.2M | 759.3M | 2.3B | 1.1B | 1.2B | 1.3B | |
| Total Liab | 9.0B | 24.1B | 50.5B | 56.4B | 64.8B | 68.0B | |
| Intangible Assets | 461.6M | 918.9M | 1.4B | 2.0B | 2.3B | 2.4B | |
| Common Stock | 969.1M | 1.9B | 1.9B | 2.0B | 2.3B | 2.5B | |
| Property Plant Equipment | 5.0B | 7.7B | 11.7B | 24.2B | 27.9B | 29.3B | |
| Other Liab | 529.0M | 679.5M | 943.1M | 1.2B | 1.4B | 1.5B | |
| Net Tangible Assets | 7.1B | 13.9B | 17.0B | 29.0B | 33.4B | 35.1B | |
| Short Term Investments | 1.1B | 13.8M | 3.4B | 3.2B | 3.6B | 3.8B | |
| Deferred Long Term Liab | 97.0M | 228.7M | 475.0M | 527.9M | 607.0M | 637.4M | |
| Total Current Assets | 11.3B | 18.2B | 36.9B | 36.8B | 42.3B | 44.4B | |
| Non Current Assets Total | 14.4B | 26.3B | 46.8B | 57.6B | 66.2B | 69.5B | |
| Non Currrent Assets Other | 703.6M | 2.6B | 6.3B | 1.6B | 1.9B | 1.9B | |
| Long Term Debt | 1.1B | 7.7B | 16.2B | 16.5B | 18.9B | 19.9B | |
| Non Current Liabilities Total | 1.9B | 9.2B | 18.3B | 18.5B | 21.2B | 22.3B | |
| Short Long Term Debt | 200.2M | 1.2B | 1.3B | 1.1B | 1.3B | 863.1M | |
| Common Stock Shares Outstanding | 1.9B | 1.9B | 2.0B | 2.0B | 2.4B | 2.0B | |
| Net Invested Capital | 15.7B | 26.8B | 48.0B | 52.3B | 60.2B | 63.2B | |
| Net Working Capital | 4.2B | 3.3B | 4.7B | (1.1B) | (1.3B) | (1.2B) | |
| Capital Stock | 1.9B | 1.9B | 2.0B | 2.0B | 2.4B | 1.8B | |
| Property Plant And Equipment Net | 7.7B | 11.7B | 24.2B | 35.9B | 41.3B | 43.3B | |
| Property Plant And Equipment Gross | 8.7B | 12.9B | 24.2B | 39.0B | 44.8B | 47.1B |
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Other Information on Investing in EVE Stock
Balance Sheet is a snapshot of the financial position of EVE Energy at a specified time, usually calculated after every quarter, six months, or one year. EVE Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EVE Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which EVE currently owns. An asset can also be divided into two categories, current and non-current.