Evolv Free Cash Flow Per Share vs Free Cash Flow Yield Analysis

EVLV Stock  USD 4.02  0.11  2.81%   
Evolv Technologies financial indicator trend analysis is much more than just examining Evolv Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evolv Technologies is a good investment. Please check the relationship between Evolv Technologies Free Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Free Cash Flow Per Share vs Free Cash Flow Yield

JavaScript chart by amCharts 3.21.15201420162018202020222024-3.4-3.2-3.0-2.8-2.6-2.4-2.2-2.0-1.8-1.6-1.4-1.2-1.0-0.8-0.6-0.4-0.2 -0.34-0.32-0.30-0.28-0.26-0.24-0.22-0.20-0.18-0.16-0.14-0.12-0.10-0.08-0.06-0.04-0.02
JavaScript chart by amCharts 3.21.15Free Cash Flow Per Sharetotal: -6.984248619100568Free Cash Flow Yieldtotal: -1.1497402818055997

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

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

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Evolv Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolv Technologies 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 Evolv Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Sales General And Administrative To Revenue is likely to climb to 0.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 23.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.7M712K654K621.3K
Depreciation And Amortization2.9M6.3M9.9M10.4M

Evolv Technologies fundamental ratios Correlations

0.40.930.820.990.950.920.70.67-0.88-0.750.850.870.730.810.950.950.85-0.14-0.750.670.910.950.760.570.99
0.40.310.280.390.260.5-0.01-0.03-0.44-0.120.460.520.030.760.30.420.51-0.450.040.520.490.350.250.270.43
0.930.310.930.880.950.940.840.82-0.67-0.880.910.670.860.620.960.80.87-0.19-0.540.720.950.980.840.790.88
0.820.280.930.740.880.790.860.85-0.47-0.920.970.470.880.480.870.620.940.07-0.40.880.960.960.920.910.74
0.990.390.880.740.910.890.610.58-0.94-0.660.770.930.650.850.910.990.78-0.15-0.810.590.850.90.670.451.0
0.950.260.950.880.910.90.880.86-0.72-0.90.870.70.90.631.00.860.86-0.12-0.710.70.920.950.890.70.91
0.920.50.940.790.890.90.70.67-0.76-0.750.810.760.730.740.920.850.77-0.47-0.490.590.880.890.70.660.89
0.7-0.010.840.860.610.880.71.0-0.3-0.990.810.281.00.210.870.510.75-0.01-0.450.680.810.820.930.850.6
0.67-0.030.820.850.580.860.671.0-0.27-0.990.80.241.00.180.850.480.740.01-0.420.670.790.80.930.860.57
-0.88-0.44-0.67-0.47-0.94-0.72-0.76-0.3-0.270.35-0.53-1.0-0.35-0.91-0.72-0.97-0.580.210.81-0.36-0.64-0.7-0.39-0.13-0.94
-0.75-0.12-0.88-0.92-0.66-0.9-0.75-0.99-0.990.35-0.89-0.34-0.99-0.31-0.9-0.55-0.830.030.43-0.77-0.88-0.88-0.97-0.9-0.66
0.850.460.910.970.770.870.810.810.8-0.53-0.890.540.830.610.870.670.990.02-0.410.940.990.950.930.890.77
0.870.520.670.470.930.70.760.280.24-1.0-0.340.540.320.940.70.960.6-0.23-0.760.390.650.690.380.140.93
0.730.030.860.880.650.90.731.01.0-0.35-0.990.830.320.260.90.550.77-0.02-0.470.690.830.840.940.850.64
0.810.760.620.480.850.630.740.210.18-0.91-0.310.610.940.260.640.880.67-0.27-0.580.530.690.660.410.220.87
0.950.30.960.870.911.00.920.870.85-0.72-0.90.870.70.90.640.860.85-0.2-0.670.690.920.950.870.710.91
0.950.420.80.620.990.860.850.510.48-0.97-0.550.670.960.550.880.860.7-0.22-0.830.490.770.810.570.310.99
0.850.510.870.940.780.860.770.750.74-0.58-0.830.990.60.770.670.850.70.08-0.460.960.980.940.910.820.8
-0.14-0.45-0.190.07-0.15-0.12-0.47-0.010.010.210.030.02-0.23-0.02-0.27-0.2-0.220.08-0.180.2-0.07-0.040.09-0.04-0.17
-0.750.04-0.54-0.4-0.81-0.71-0.49-0.45-0.420.810.43-0.41-0.76-0.47-0.58-0.67-0.83-0.46-0.18-0.27-0.49-0.59-0.46-0.05-0.79
0.670.520.720.880.590.70.590.680.67-0.36-0.770.940.390.690.530.690.490.960.2-0.270.890.810.880.830.61
0.910.490.950.960.850.920.880.810.79-0.64-0.880.990.650.830.690.920.770.98-0.07-0.490.890.980.910.830.86
0.950.350.980.960.90.950.890.820.8-0.7-0.880.950.690.840.660.950.810.94-0.04-0.590.810.980.880.790.89
0.760.250.840.920.670.890.70.930.93-0.39-0.970.930.380.940.410.870.570.910.09-0.460.880.910.880.880.68
0.570.270.790.910.450.70.660.850.86-0.13-0.90.890.140.850.220.710.310.82-0.04-0.050.830.830.790.880.45
0.990.430.880.741.00.910.890.60.57-0.94-0.660.770.930.640.870.910.990.8-0.17-0.790.610.860.890.680.45
Click cells to compare fundamentals

Evolv Technologies Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Evolv Stock Analysis

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