Evolution Total Stockholder Equity vs Non Current Assets Total Analysis

EPM Stock  USD 5.86  0.06  1.03%   
Evolution Petroleum financial indicator trend analysis is much more than just examining Evolution Petroleum latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evolution Petroleum is a good investment. Please check the relationship between Evolution Petroleum Total Stockholder Equity and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolution Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolution Petroleum Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Evolution Petroleum's Total Stockholder Equity and Non Current Assets Total is 0.51. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Evolution Petroleum, assuming nothing else is changed. The correlation between historical values of Evolution Petroleum's Total Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Evolution Petroleum are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Evolution Petroleum's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Evolution Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolution Petroleum 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 Evolution Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.At this time, Evolution Petroleum's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 2.80, while Selling General Administrative is likely to drop about 9.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit52.2M54.7M19.0M13.1M
Total Revenue108.9M128.5M85.9M90.2M

Evolution Petroleum fundamental ratios Correlations

0.460.510.610.980.590.840.47-0.080.980.13-0.080.710.450.030.280.190.60.890.34-0.78-0.620.55-0.060.910.78
0.460.940.390.430.340.30.77-0.30.430.15-0.30.740.270.150.02-0.060.80.280.32-0.190.060.61-0.230.310.45
0.510.940.460.480.350.30.94-0.30.480.03-0.30.790.330.210.010.080.880.310.38-0.190.110.68-0.320.450.52
0.610.390.460.52-0.160.830.450.390.510.110.390.310.80.33-0.390.60.560.370.72-0.38-0.120.3-0.750.540.27
0.980.430.480.520.70.790.43-0.231.00.08-0.230.710.34-0.050.420.070.590.950.17-0.84-0.620.580.070.930.85
0.590.340.35-0.160.70.170.28-0.760.71-0.11-0.760.67-0.26-0.190.83-0.460.450.75-0.43-0.6-0.360.650.580.610.82
0.840.30.30.830.790.170.230.250.790.280.250.380.60.1-0.030.350.40.710.49-0.72-0.530.25-0.330.740.49
0.470.770.940.450.430.280.23-0.230.43-0.09-0.240.750.340.26-0.030.220.830.260.41-0.120.150.62-0.370.480.48
-0.08-0.3-0.30.39-0.23-0.760.25-0.23-0.230.341.0-0.480.50.09-0.70.66-0.31-0.330.720.24-0.15-0.43-0.52-0.21-0.58
0.980.430.480.511.00.710.790.43-0.230.09-0.230.710.34-0.050.420.060.590.950.16-0.85-0.620.580.070.930.85
0.130.150.030.110.08-0.110.28-0.090.340.090.34-0.24-0.09-0.360.080.050.030.120.23-0.13-0.050.020.050.06-0.32
-0.08-0.3-0.30.39-0.23-0.760.25-0.241.0-0.230.34-0.480.50.08-0.70.66-0.31-0.330.720.24-0.15-0.44-0.52-0.21-0.58
0.710.740.790.310.710.670.380.75-0.480.71-0.24-0.480.220.340.27-0.080.690.550.2-0.35-0.270.61-0.040.650.82
0.450.270.330.80.34-0.260.60.340.50.34-0.090.50.220.25-0.660.650.370.160.69-0.25-0.350.14-0.630.270.15
0.030.150.210.33-0.05-0.190.10.260.09-0.05-0.360.080.340.25-0.370.210.1-0.260.420.40.19-0.02-0.530.01-0.02
0.280.020.01-0.390.420.83-0.03-0.03-0.70.420.08-0.70.27-0.66-0.37-0.610.160.59-0.63-0.47-0.090.430.710.390.53
0.19-0.060.080.60.07-0.460.350.220.660.060.050.66-0.080.650.21-0.610.1-0.10.70.1-0.08-0.09-0.730.17-0.2
0.60.80.880.560.590.450.40.83-0.310.590.03-0.310.690.370.10.160.10.470.31-0.370.130.9-0.320.550.57
0.890.280.310.370.950.750.710.26-0.330.950.12-0.330.550.16-0.260.59-0.10.47-0.07-0.95-0.590.530.270.870.84
0.340.320.380.720.17-0.430.490.410.720.160.230.720.20.690.42-0.630.70.31-0.070.12-0.090.08-0.760.16-0.13
-0.78-0.19-0.19-0.38-0.84-0.6-0.72-0.120.24-0.85-0.130.24-0.35-0.250.4-0.470.1-0.37-0.950.120.6-0.4-0.28-0.74-0.75
-0.620.060.11-0.12-0.62-0.36-0.530.15-0.15-0.62-0.05-0.15-0.27-0.350.19-0.09-0.080.13-0.59-0.090.60.06-0.33-0.45-0.44
0.550.610.680.30.580.650.250.62-0.430.580.02-0.440.610.14-0.020.43-0.090.90.530.08-0.40.06-0.040.490.58
-0.06-0.23-0.32-0.750.070.58-0.33-0.37-0.520.070.05-0.52-0.04-0.63-0.530.71-0.73-0.320.27-0.76-0.28-0.33-0.04-0.060.22
0.910.310.450.540.930.610.740.48-0.210.930.06-0.210.650.270.010.390.170.550.870.16-0.74-0.450.49-0.060.77
0.780.450.520.270.850.820.490.48-0.580.85-0.32-0.580.820.15-0.020.53-0.20.570.84-0.13-0.75-0.440.580.220.77
Click cells to compare fundamentals

Evolution Petroleum Account Relationship Matchups

Evolution Petroleum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets92.1M76.7M148.0M128.3M162.9M171.0M
Other Current Liab1.9M920.6K15.1M6.0M6.3M30K
Total Current Liabilities4.3M6.6M30.3M12.3M15.8M320.1K
Total Stockholder Equity74.1M54.6M75.5M92.1M81.1M42.9M
Property Plant And Equipment Net66.5M58.5M110.5M105.8M139.8M146.8M
Net Debt(19.6M)(1.3M)13.0M(10.9M)33.2M34.9M
Retained Earnings32.8M12.0M32.9M52.0M40.0M42.0M
Accounts Payable1.5M5.6M15.1M5.9M8.3M39K
Cash19.7M5.3M8.3M11.0M6.4M12.3M
Non Current Assets Total66.8M58.6M111.7M107.1M141.2M148.2M
Non Currrent Assets Other291.6K(6.0T)(5.9M)(3.0M)1.3M1.4M
Cash And Short Term Investments19.7M5.3M8.3M11.0M6.4M12.5M
Net Receivables5.2M11.8M24.1M7.9M11.2M11.8M
Common Stock Shares Outstanding33.0M32.7M33.3M33.2M32.9M24.0M
Liabilities And Stockholders Equity92.1M76.7M148.0M128.3M162.9M171.0M
Other Current Assets491.7K1.0M1.4M1.9M4.4M4.7M
Other Stockholder Equity41.3M42.5M42.6M40.1M41.1M33.9M
Total Liab18.0M22.1M72.5M36.2M81.8M320.1K
Property Plant And Equipment Gross66.6M58.6M110.5M197.2M249.7M262.2M
Total Current Assets25.3M18.1M36.4M21.2M21.7M17.2M
Common Stock Total Equity33.0K33.5K33K276.0317.4301.53
Common Stock33.1K33.2K33.0K33.5K33K11K
Short Term Debt54.3K64.2K26K59K98K251.0K
Other Liab13.6M11.5M21.0M23.8M27.4M28.8M
Other Assets11.9K70.8K1.2M1.2M1.0M1.7M
Non Current Liabilities Total13.7M15.5M42.2M23.9M65.9M69.2M
Property Plant Equipment66.6M58.5M110.5M106.0M121.9M128.0M
Retained Earnings Total Equity37.6M32.8M12.0M32.9M37.8M21.9M
Deferred Long Term Liab27.0K11.9K6.0M7.1M8.2M6.3M
Net Tangible Assets74.1M54.6M75.5M92.1M105.9M76.8M
Capital Surpluse41.3M42.5M42.6M40.1M46.1M45.9M
Non Current Liabilities Other1.4M1.6M2.7M20.7K23.9K22.7K
Net Invested Capital74.1M58.6M96.8M92.1M120.6M91.9M

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When determining whether Evolution Petroleum is a strong investment it is important to analyze Evolution Petroleum'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 Evolution Petroleum's future performance. For an informed investment choice regarding Evolution Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolution Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Oil & Gas Exploration & Production 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 Evolution Petroleum. If investors know Evolution 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 Evolution Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.5
Dividend Share
0.48
Earnings Share
0.14
Revenue Per Share
2.665
Quarterly Revenue Growth
0.063
The market value of Evolution Petroleum is measured differently than its book value, which is the value of Evolution that is recorded on the company's balance sheet. Investors also form their own opinion of Evolution Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Evolution Petroleum'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 Evolution Petroleum's market value can be influenced by many factors that don't directly affect Evolution Petroleum'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 Evolution Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolution Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolution Petroleum'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.