EverQuote Net Income vs Change In Cash Analysis

EVER Stock

USD 19.19 0.03 0.16%

EverQuote financial indicator trend analysis is much more than just examining EverQuote Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EverQuote Class A is a good investment. Please check the relationship between EverQuote Net Income and its Change In Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverQuote Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EverQuote Class A Net Income account and Change In Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between EverQuote's Net Income and Change In Cash is -0.89. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of EverQuote Class A, assuming nothing else is changed. The correlation between historical values of EverQuote's Net Income and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of EverQuote Class A are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., EverQuote's Net Income and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in EverQuote Class A financial statement analysis. It represents the amount of money remaining after all of EverQuote Class A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Cash

Most indicators from EverQuote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EverQuote Class A 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 EverQuote Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

As of 11/29/2024, Tax Provision is likely to grow to about 630 K, while Selling General Administrative is likely to drop slightly above 20.8 M.

EverQuote fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Cash	Good Will	Total Liab	Intangible Assets	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Other Stockholder Equity	Short Long Term Debt	Short Term Debt	Common Stock Shares Outstanding	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets
Total Assets		0.9	0.92	0.98	0.76	0.95	0.05	0.84	0.91	0.95	0.89	-0.71	0.94	0.94	-0.79	-0.37	-0.53	-0.67	0.56	-0.48	-0.35	-0.57	-0.58	-0.65	0.57	-0.5
Total Stockholder Equity	0.9		0.98	0.97	0.73	0.99	-0.05	0.96	0.95	0.92	0.95	-0.72	0.97	0.97	-0.82	-0.39	-0.53	-0.68	0.56	-0.48	-0.35	-0.58	-0.59	-0.66	0.57	-0.5
Retained Earnings	0.92	0.98		0.96	0.78	0.99	-0.05	0.93	0.98	0.92	0.97	-0.84	0.98	0.98	-0.9	-0.38	-0.63	-0.8	0.67	-0.58	-0.42	-0.68	-0.69	-0.78	0.7	-0.59
Cash	0.98	0.97	0.96		0.75	0.99	-0.01	0.91	0.94	0.96	0.93	-0.72	0.97	0.97	-0.82	-0.37	-0.53	-0.67	0.54	-0.48	-0.36	-0.56	-0.59	-0.65	0.56	-0.5
Good Will	0.76	0.73	0.78	0.75		0.75	0.13	0.76	0.81	0.7	0.8	-0.67	0.8	0.8	-0.72	-0.63	-0.57	-0.73	0.67	-0.49	-0.44	-0.7	-0.64	-0.74	0.63	-0.53
Total Liab	0.95	0.99	0.99	0.99	0.75		-0.06	0.93	0.96	0.96	0.95	-0.76	0.98	0.98	-0.84	-0.4	-0.57	-0.71	0.6	-0.51	-0.38	-0.62	-0.63	-0.7	0.61	-0.53
Intangible Assets	0.05	-0.05	-0.05	-0.01	0.13	-0.06		0.1	0.1	-0.09	0.14	0.18	0.05	0.05	0.08	-0.08	0.3	0.28	-0.01	0.31	0.11	0.06	0.3	0.2	-0.14	0.37
Property Plant Equipment	0.84	0.96	0.93	0.91	0.76	0.93	0.1		0.95	0.8	0.95	-0.68	0.93	0.93	-0.81	-0.48	-0.52	-0.66	0.55	-0.46	-0.36	-0.58	-0.58	-0.65	0.54	-0.51
Other Current Liab	0.91	0.95	0.98	0.94	0.81	0.96	0.1	0.95		0.89	1.0	-0.8	0.99	0.99	-0.89	-0.43	-0.6	-0.76	0.64	-0.55	-0.41	-0.66	-0.67	-0.74	0.65	-0.57
Other Liab	0.95	0.92	0.92	0.96	0.7	0.96	-0.09	0.8	0.89		0.86	-0.68	0.94	0.94	-0.76	-0.35	-0.5	-0.64	0.54	-0.46	-0.34	-0.55	-0.56	-0.63	0.55	-0.47
Net Tangible Assets	0.89	0.95	0.97	0.93	0.8	0.95	0.14	0.95	1.0	0.86		-0.79	0.98	0.98	-0.89	-0.42	-0.58	-0.74	0.61	-0.53	-0.39	-0.63	-0.65	-0.72	0.62	-0.55
Other Stockholder Equity	-0.71	-0.72	-0.84	-0.72	-0.67	-0.76	0.18	-0.68	-0.8	-0.68	-0.79		-0.79	-0.79	0.94	0.23	0.8	0.95	-0.78	0.78	0.53	0.8	0.85	0.92	-0.88	0.74
Short Long Term Debt	0.94	0.97	0.98	0.97	0.8	0.98	0.05	0.93	0.99	0.94	0.98	-0.79		1.0	-0.88	-0.42	-0.59	-0.75	0.62	-0.54	-0.4	-0.64	-0.65	-0.73	0.64	-0.56
Short Term Debt	0.94	0.97	0.98	0.97	0.8	0.98	0.05	0.93	0.99	0.94	0.98	-0.79	1.0		-0.88	-0.42	-0.59	-0.75	0.62	-0.54	-0.4	-0.64	-0.65	-0.73	0.64	-0.56
Common Stock Shares Outstanding	-0.79	-0.82	-0.9	-0.82	-0.72	-0.84	0.08	-0.81	-0.89	-0.76	-0.89	0.94	-0.88	-0.88		0.27	0.77	0.89	-0.65	0.76	0.54	0.7	0.82	0.86	-0.73	0.72
Short Long Term Debt Total	-0.37	-0.39	-0.38	-0.37	-0.63	-0.4	-0.08	-0.48	-0.43	-0.35	-0.42	0.23	-0.42	-0.42	0.27		0.46	0.43	-0.54	0.31	0.44	0.63	0.51	0.48	-0.45	0.47
Property Plant And Equipment Net	-0.53	-0.53	-0.63	-0.53	-0.57	-0.57	0.3	-0.52	-0.6	-0.5	-0.58	0.8	-0.59	-0.59	0.77	0.46		0.9	-0.59	0.97	0.87	0.71	0.97	0.8	-0.69	0.9
Current Deferred Revenue	-0.67	-0.68	-0.8	-0.67	-0.73	-0.71	0.28	-0.66	-0.76	-0.64	-0.74	0.95	-0.75	-0.75	0.89	0.43	0.9		-0.78	0.85	0.63	0.85	0.92	0.96	-0.87	0.87
Net Debt	0.56	0.56	0.67	0.54	0.67	0.6	-0.01	0.55	0.64	0.54	0.61	-0.78	0.62	0.62	-0.65	-0.54	-0.59	-0.78		-0.47	-0.33	-0.98	-0.66	-0.88	0.96	-0.57
Non Current Assets Total	-0.48	-0.48	-0.58	-0.48	-0.49	-0.51	0.31	-0.46	-0.55	-0.46	-0.53	0.78	-0.54	-0.54	0.76	0.31	0.97	0.85	-0.47		0.9	0.61	0.91	0.75	-0.62	0.81
Non Currrent Assets Other	-0.35	-0.35	-0.42	-0.36	-0.44	-0.38	0.11	-0.36	-0.41	-0.34	-0.39	0.53	-0.4	-0.4	0.54	0.44	0.87	0.63	-0.33	0.9		0.49	0.78	0.54	-0.42	0.63
Cash And Short Term Investments	-0.57	-0.58	-0.68	-0.56	-0.7	-0.62	0.06	-0.58	-0.66	-0.55	-0.63	0.8	-0.64	-0.64	0.7	0.63	0.71	0.85	-0.98	0.61	0.49		0.76	0.92	-0.96	0.68
Net Receivables	-0.58	-0.59	-0.69	-0.59	-0.64	-0.63	0.3	-0.58	-0.67	-0.56	-0.65	0.85	-0.65	-0.65	0.82	0.51	0.97	0.92	-0.66	0.91	0.78	0.76		0.84	-0.74	0.92
Common Stock Total Equity	-0.65	-0.66	-0.78	-0.65	-0.74	-0.7	0.2	-0.65	-0.74	-0.63	-0.72	0.92	-0.73	-0.73	0.86	0.48	0.8	0.96	-0.88	0.75	0.54	0.92	0.84		-0.94	0.75
Non Current Liabilities Total	0.57	0.57	0.7	0.56	0.63	0.61	-0.14	0.54	0.65	0.55	0.62	-0.88	0.64	0.64	-0.73	-0.45	-0.69	-0.87	0.96	-0.62	-0.42	-0.96	-0.74	-0.94		-0.63
Other Current Assets	-0.5	-0.5	-0.59	-0.5	-0.53	-0.53	0.37	-0.51	-0.57	-0.47	-0.55	0.74	-0.56	-0.56	0.72	0.47	0.9	0.87	-0.57	0.81	0.63	0.68	0.92	0.75	-0.63

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EverQuote Account Relationship Matchups

EverQuote fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	91.2M	129.1M	143.6M	156.5M	110.9M	105.4M
Total Current Liabilities	38.4M	46.8M	47.4M	45.4M	29.9M	23.7M
Total Stockholder Equity	51.8M	71.0M	85.1M	107.5M	80.9M	76.9M
Retained Earnings	(107.0M)	(118.2M)	(137.6M)	(162.1M)	(213.3M)	(202.7M)
Accounts Payable	23.7M	33.0M	29.6M	30.7M	17.2M	15.9M
Cash	46.1M	42.9M	34.9M	30.8M	38.0M	36.1M
Other Assets	691K	12.3M	108.8M	50.1M	57.7M	60.5M
Total Liab	39.5M	58.1M	58.5M	49.0M	30.0M	28.5M
Total Current Assets	85.3M	42.9M	84.7M	81.0M	69.2M	42.8M
Common Stock	27K	28K	30K	32K	35K	18.0K
Property Plant Equipment	5.2M	6.2M	5.8M	12.2M	11.0M	19.0M
Other Current Liab	2.0M	6.8M	10.3M	7.0M	8.8M	8.3M
Other Liab	1.1M	3.1M	5.5M	125K	112.5K	106.9K
Net Tangible Assets	51.8M	57.8M	53.5M	78.0M	70.2M	66.7M
Other Stockholder Equity	158.8M	189.2M	222.7M	269.5M	294.2M	308.9M
Short Term Debt	11.3M	5.2M	5.4M	5.9M	2.1M	2.0M
Common Stock Shares Outstanding	25.8M	27.3M	29.1M	31.6M	33.4M	26.5M
Property Plant And Equipment Net	5.2M	15.8M	13.1M	12.2M	7.3M	8.6M
Current Deferred Revenue	1.5M	1.9M	2.1M	1.9M	1.9M	1.7M
Net Debt	(46.1M)	(32.2M)	(26.6M)	(24.4M)	(35.8M)	(37.6M)
Non Current Assets Total	5.9M	86.2M	58.9M	75.5M	41.7M	38.4M
Non Currrent Assets Other	691K	57.2M	14.1M	33.9M	7.7M	7.3M
Cash And Short Term Investments	46.1M	42.9M	34.9M	30.8M	38.0M	34.2M
Net Receivables	32.2M	46.1M	44.9M	43.1M	25.5M	32.5M
Common Stock Total Equity	26K	27K	28K	30K	34.5K	23.7K
Liabilities And Stockholders Equity	91.2M	129.1M	143.6M	156.5M	110.9M	102.6M
Non Current Liabilities Total	1.1M	11.2M	11.1M	3.6M	70K	66.5K
Other Current Assets	7.1M	13.1M	19.1M	7.0M	5.8M	7.5M
Property Plant And Equipment Gross	5.2M	15.8M	25.0M	25.5M	21.7M	14.0M
Accumulated Other Comprehensive Income	0.0	(7K)	10K	(6K)	29K	30.5K
Net Invested Capital	51.8M	71.0M	85.1M	107.5M	80.9M	61.8M
Net Working Capital	46.9M	50.6M	37.3M	35.6M	39.3M	39.5M

Pair Trading with EverQuote

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 EverQuote 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 EverQuote will appreciate offsetting losses from the drop in the long position's value.

Moving together with EverQuote Stock

0.61

TuanChe ADR

Pair Corr

Moving against EverQuote Stock

0.77	DJT	Trump Media Technology Symbol Change	Pair Corr
0.77	DJTWW	Trump Media Technology Symbol Change	Pair Corr
0.49	WB	Weibo Corp	Pair Corr
0.34	Z	Zillow Group Class	Pair Corr
0.34	BZ	Kanzhun Ltd ADR	Pair Corr

The ability to find closely correlated positions to EverQuote could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EverQuote 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 EverQuote - 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 EverQuote Class A to buy it.

The correlation of EverQuote 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 EverQuote moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EverQuote Class A 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 EverQuote 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.

Pair Correlation Correlation Matching

Additional Tools for EverQuote Stock Analysis

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

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