EverGen Other Current Liab vs Good Will Analysis

EVGN Stock   1.64  0.01  0.61%   
EverGen Infrastructure financial indicator trend analysis is much more than just examining EverGen Infrastructure latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EverGen Infrastructure is a good investment. Please check the relationship between EverGen Infrastructure Other Current Liab and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverGen Infrastructure Corp. 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.

Other Current Liab vs Good Will

Other Current Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EverGen Infrastructure Other Current Liab account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between EverGen Infrastructure's Other Current Liab and Good Will is -0.88. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of EverGen Infrastructure Corp, assuming nothing else is changed. The correlation between historical values of EverGen Infrastructure's Other Current Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of EverGen Infrastructure Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Current Liab i.e., EverGen Infrastructure's Other Current Liab and Good Will go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from EverGen Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EverGen Infrastructure 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 EverGen Infrastructure Corp. 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.
Enterprise Value is likely to climb to about 51.1 M in 2024, despite the fact that Tax Provision is likely to grow to (1.6 M).
 2010 2022 2023 2024 (projected)
Total Operating Expenses13.1M14.6M15.0M15.7M
Cost Of Revenue2.8M3.5M9.9M6.0M

EverGen Infrastructure fundamental ratios Correlations

-0.94-0.850.970.920.970.9-0.920.680.170.950.840.980.70.940.850.980.830.370.840.990.910.320.990.460.94
-0.940.96-0.99-0.75-0.99-0.730.76-0.46-0.46-0.81-0.96-0.88-0.56-0.81-0.63-0.94-0.96-0.66-0.64-0.98-0.74-0.59-0.97-0.71-0.91
-0.850.96-0.94-0.58-0.92-0.550.66-0.28-0.54-0.66-0.97-0.74-0.59-0.66-0.44-0.81-0.96-0.77-0.46-0.9-0.56-0.65-0.9-0.76-0.89
0.97-0.99-0.940.80.990.78-0.820.490.370.860.910.910.650.840.690.940.910.550.690.990.780.510.990.640.96
0.92-0.75-0.580.80.811.0-0.950.86-0.150.990.60.970.660.980.980.920.580.020.970.871.00.00.860.140.79
0.97-0.99-0.920.990.810.79-0.80.530.410.860.930.920.560.860.70.970.930.590.710.990.80.550.980.670.91
0.9-0.73-0.550.781.00.79-0.950.9-0.190.990.590.970.660.990.990.910.570.010.990.861.0-0.040.840.10.76
-0.920.760.66-0.82-0.95-0.8-0.95-0.840.22-0.97-0.65-0.95-0.85-0.95-0.94-0.87-0.62-0.07-0.94-0.88-0.950.06-0.87-0.09-0.86
0.68-0.46-0.280.490.860.530.9-0.84-0.460.830.390.780.570.880.90.70.35-0.170.960.620.9-0.340.58-0.220.46
0.17-0.46-0.540.37-0.150.41-0.190.22-0.46-0.10.520.03-0.33-0.08-0.320.220.580.85-0.320.27-0.180.990.290.950.22
0.95-0.81-0.660.860.990.860.99-0.970.83-0.10.670.990.710.990.970.940.650.10.960.920.990.060.910.20.85
0.84-0.96-0.970.910.60.930.59-0.650.390.520.670.760.510.710.460.841.00.80.520.890.60.630.880.740.8
0.98-0.88-0.740.910.970.920.97-0.950.780.030.990.760.690.980.920.980.740.230.920.960.970.180.950.320.88
0.7-0.56-0.590.650.660.560.66-0.850.57-0.330.710.510.690.660.670.570.450.030.670.660.66-0.20.67-0.060.79
0.94-0.81-0.660.840.980.860.99-0.950.88-0.080.990.710.980.660.950.950.690.160.970.910.990.070.890.210.8
0.85-0.63-0.440.690.980.70.99-0.940.9-0.320.970.460.920.670.950.840.44-0.150.980.780.99-0.180.77-0.040.71
0.98-0.94-0.810.940.920.970.91-0.870.70.220.940.840.980.570.950.840.840.390.850.980.920.370.970.50.87
0.83-0.96-0.960.910.580.930.57-0.620.350.580.651.00.740.450.690.440.840.820.490.890.580.690.880.790.79
0.37-0.66-0.770.550.020.590.01-0.07-0.170.850.10.80.230.030.16-0.150.390.82-0.080.480.020.880.470.90.4
0.84-0.64-0.460.690.970.710.99-0.940.96-0.320.960.520.920.670.970.980.850.49-0.080.790.99-0.170.76-0.040.67
0.99-0.98-0.90.990.870.990.86-0.880.620.270.920.890.960.660.910.780.980.890.480.790.860.421.00.550.94
0.91-0.74-0.560.781.00.81.0-0.950.9-0.180.990.60.970.660.990.990.920.580.020.990.86-0.030.850.110.76
0.32-0.59-0.650.510.00.55-0.040.06-0.340.990.060.630.18-0.20.07-0.180.370.690.88-0.170.42-0.030.430.990.36
0.99-0.97-0.90.990.860.980.84-0.870.580.290.910.880.950.670.890.770.970.880.470.761.00.850.430.560.96
0.46-0.71-0.760.640.140.670.1-0.09-0.220.950.20.740.32-0.060.21-0.040.50.790.9-0.040.550.110.990.560.49
0.94-0.91-0.890.960.790.910.76-0.860.460.220.850.80.880.790.80.710.870.790.40.670.940.760.360.960.49
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EverGen Infrastructure Account Relationship Matchups

Thematic Opportunities

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Additional Tools for EverGen Stock Analysis

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