EVI Good Will vs Common Stock Shares Outstanding Analysis

EVI Stock  USD 19.06  0.17  0.90%   
EVI Industries financial indicator trend analysis is much more than just examining EVI Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVI Industries is a good investment. Please check the relationship between EVI Industries Good Will and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.

Good Will vs Common Stock Shares Outstanding

Good Will vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVI Industries Good Will account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between EVI Industries' Good Will and Common Stock Shares Outstanding is 0.85. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of EVI Industries, assuming nothing else is changed. The correlation between historical values of EVI Industries' Good Will and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of EVI Industries are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Good Will i.e., EVI Industries' Good Will and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from EVI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVI Industries 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 EVI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.As of now, EVI Industries' Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit73.7M103.7M105.3M110.5M
Total Revenue267.3M354.2M353.6M371.2M

EVI Industries fundamental ratios Correlations

0.790.680.991.00.960.880.930.080.990.080.990.810.870.980.920.990.990.920.990.90.960.840.960.990.78
0.790.730.730.740.680.950.570.310.760.310.810.820.970.770.760.770.850.560.810.560.830.440.780.770.74
0.680.730.720.630.670.720.60.060.640.060.720.650.730.740.790.620.750.550.730.60.650.310.720.630.56
0.990.730.720.980.970.820.940.050.970.050.980.780.820.980.930.970.980.930.980.930.920.810.970.960.76
1.00.740.630.980.970.840.930.061.00.060.980.80.830.960.91.00.970.930.970.910.960.870.940.990.78
0.960.680.670.970.970.760.950.130.960.130.940.710.780.950.930.950.940.960.960.970.880.860.950.940.68
0.880.950.720.820.840.760.680.060.860.060.90.830.960.860.80.870.920.670.880.630.910.570.830.880.72
0.930.570.60.940.930.950.680.020.90.020.920.610.70.950.920.890.890.990.940.940.790.920.850.890.63
0.080.310.060.050.060.130.060.020.071.00.030.080.280.050.160.070.110.060.10.170.070.020.20.050.2
0.990.760.640.971.00.960.860.90.070.070.980.830.850.950.881.00.970.90.970.890.970.840.951.00.79
0.080.310.060.050.060.130.060.021.00.070.030.080.280.050.160.070.110.060.10.170.070.020.20.050.2
0.990.810.720.980.980.940.90.920.030.980.030.810.890.980.920.980.990.90.990.860.950.80.940.980.78
0.810.820.650.780.80.710.830.610.080.830.080.810.780.730.680.840.820.580.770.610.890.530.80.850.93
0.870.970.730.820.830.780.960.70.280.850.280.890.780.860.830.850.920.690.890.660.880.580.850.850.72
0.980.770.740.980.960.950.860.950.050.950.050.980.730.860.960.940.980.940.990.90.890.820.930.940.71
0.920.760.790.930.90.930.80.920.160.880.160.920.680.830.960.880.930.920.950.910.820.790.890.870.65
0.990.770.620.971.00.950.870.890.071.00.070.980.840.850.940.880.970.890.960.870.980.840.951.00.8
0.990.850.750.980.970.940.920.890.110.970.110.990.820.920.980.930.970.880.990.870.950.770.960.970.78
0.920.560.550.930.930.960.670.990.060.90.060.90.580.690.940.920.890.880.920.960.780.940.860.880.59
0.990.810.730.980.970.960.880.940.10.970.10.990.770.890.990.950.960.990.920.90.920.810.950.960.75
0.90.560.60.930.910.970.630.940.170.890.170.860.610.660.90.910.870.870.960.90.780.850.920.860.62
0.960.830.650.920.960.880.910.790.070.970.070.950.890.880.890.820.980.950.780.920.780.730.920.980.82
0.840.440.310.810.870.860.570.920.020.840.020.80.530.580.820.790.840.770.940.810.850.730.720.830.54
0.960.780.720.970.940.950.830.850.20.950.20.940.80.850.930.890.950.960.860.950.920.920.720.940.77
0.990.770.630.960.990.940.880.890.051.00.050.980.850.850.940.871.00.970.880.960.860.980.830.940.81
0.780.740.560.760.780.680.720.630.20.790.20.780.930.720.710.650.80.780.590.750.620.820.540.770.81
Click cells to compare fundamentals

EVI Industries Account Relationship Matchups

EVI Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets160.7M177.9M230.8M253.8M234.7M246.4M
Short Long Term Debt Total33.0M19.6M36.1M44.5M21.9M12.0M
Other Current Liab4.8M33.9M64.8M73.4M13.0M6.7M
Total Current Liabilities42.5M49.5M74.8M76.4M69.8M73.3M
Total Stockholder Equity87.8M106.7M117.7M131.0M136.6M143.4M
Property Plant And Equipment Net13.3M17.7M20.5M21.7M22.0M23.1M
Net Debt23.3M13.5M32.1M38.5M17.3M18.2M
Retained Earnings10.4M18.8M22.9M32.6M34.2M35.9M
Cash9.8M6.1M4.0M5.9M4.6M3.1M
Non Current Assets Total96.1M112.6M125.2M128.3M132.7M139.4M
Cash And Short Term Investments9.8M6.1M4.0M5.9M4.6M3.1M
Net Receivables26.5M30.7M47.7M51.9M44.6M46.9M
Common Stock Shares Outstanding12.2M12.6M12.7M12.8M13.2M8.4M
Liabilities And Stockholders Equity160.7M177.9M230.8M253.8M230.7M242.2M
Non Current Liabilities Total30.4M21.6M38.2M46.4M24.3M25.5M
Inventory24.1M25.1M49.4M59.2M47.9M50.3M
Other Current Assets3.0M3.3M4.6M8.5M4.9M5.1M
Other Stockholder Equity77.1M87.6M94.5M98.0M102.1M107.2M
Total Liab72.9M71.1M113.1M122.9M94.1M98.8M
Property Plant And Equipment Gross13.3M17.7M20.5M33.8M37.4M39.3M
Total Current Assets64.7M65.2M105.6M125.5M101.9M107.0M
Short Term Debt4.4M4.3M5.0M6.1M6.2M6.5M
Intangible Assets21.8M23.7M26.2M24.1M22.0M23.1M
Non Currrent Assets Other4.3M7.4M1.8M9.2M13.6M14.3M
Accounts Payable24.3M20.7M30.8M26.7M23.1M24.3M
Good Will56.7M63.9M71.0M73.4M75.1M78.9M
Common Stock Total Equity296K301K310K316K363.4K214.6K
Common Stock301K310K316K318K322K218.4K
Other Assets4.3M7.4M7.4M9.2M1.00.95
Long Term Debt25.0M11.9M27.8M34.9M12.9M12.3M
Property Plant Equipment13.3M17.7M13.0M21.7M24.9M26.2M
Treasury Stock(1.4M)(2.0M)(2.9M)(3.1M)(2.8M)(2.6M)
Current Deferred Revenue9.1M13.6M21.8M24.0M24.4M25.6M
Net Tangible Assets9.4M19.2M20.4M33.4M38.5M40.4M
Retained Earnings Total Equity9.6M10.4M18.8M22.9M26.3M27.6M
Capital Surpluse79.1M90.5M97.5M101.2M116.4M122.2M
Deferred Long Term Liab1.7M1.7M4.2M4.7M5.4M5.6M

Currently Active Assets on Macroaxis

When determining whether EVI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EVI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evi Industries Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Trading Companies & Distributors 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 EVI Industries. If investors know EVI 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 EVI Industries 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
1.34
Earnings Share
0.49
Revenue Per Share
28.33
Quarterly Revenue Growth
0.063
Return On Assets
0.0354
The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' 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 EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' 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 EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' 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.