Everus End Period Cash Flow vs Change To Inventory Analysis
ECG Stock | 67.09 2.49 3.85% |
Everus Construction financial indicator trend analysis is much more than just examining Everus Construction latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everus Construction is a good investment. Please check the relationship between Everus Construction End Period Cash Flow and its Change To Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everus Construction Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
End Period Cash Flow vs Change To Inventory
End Period Cash Flow vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everus Construction End Period Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Everus Construction's End Period Cash Flow and Change To Inventory is -0.93. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Everus Construction Group, assuming nothing else is changed. The correlation between historical values of Everus Construction's End Period Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Everus Construction Group are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of End Period Cash Flow i.e., Everus Construction's End Period Cash Flow and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
End Period Cash Flow
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Everus Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everus Construction 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everus Construction Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Everus Construction's Enterprise Value Over EBITDA is most likely to slightly decrease in the upcoming years. The Everus Construction's current Enterprise Value Multiple is estimated to increase to 15.42, while Selling General Administrative is projected to decrease to roughly 21.7 M.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 6.4M | 27.9M | 29.3M | Depreciation And Amortization | 20.3M | 21.5M | 23.1M | 23.8M |
Everus Construction fundamental ratios Correlations
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Everus Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Everus Construction is a strong investment it is important to analyze Everus Construction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Everus Construction's future performance. For an informed investment choice regarding Everus Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everus Construction Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Construction 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 Everus Construction. If investors know Everus 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 Everus Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Everus Construction is measured differently than its book value, which is the value of Everus that is recorded on the company's balance sheet. Investors also form their own opinion of Everus Construction's value that differs from its market value or its book value, called intrinsic value, which is Everus Construction'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 Everus Construction's market value can be influenced by many factors that don't directly affect Everus Construction'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 Everus Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everus Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everus Construction'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.