Evolv Operating Income vs Non Recurring Analysis

EVLV Stock

USD 3.41 0.05 1.45%

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 Operating Income and its Non Recurring 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.

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Operating Income account and Non Recurring. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Evolv Technologies' Operating Income and Non Recurring is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Recurring 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' Operating Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Evolv Technologies Holdings are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Operating Income i.e., Evolv Technologies' Operating Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Evolv Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Evolv Technologies Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Recurring

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.

At this time, Evolv Technologies' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 61.6 K in 2025, whereas Enterprise Value Multiple is likely to drop (6.31) in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	712K	654K	752.1K	714.5K
Depreciation And Amortization	6.3M	9.9M	11.4M	12.0M

Interest Expense Depreciation And Amortization

Evolv Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.29	0.91	0.8	0.98	0.96	0.93	0.74	0.72	-0.8	-0.81	0.87	0.84	0.77	0.77	0.96	0.93	0.88	0.0	-0.75	0.74	0.92	0.91	0.79	0.67	0.98
Short Long Term Debt Total	0.29		0.11	0.03	0.32	0.19	0.41	-0.1	-0.12	-0.44	-0.05	0.29	0.45	-0.08	0.73	0.23	0.38	0.36	-0.47	0.07	0.37	0.32	0.11	0.12	0.08	0.36
Other Current Liab	0.91	0.11		0.89	0.83	0.92	0.9	0.88	0.87	-0.51	-0.93	0.94	0.55	0.89	0.49	0.92	0.71	0.89	0.06	-0.51	0.79	0.95	0.92	0.86	0.89	0.82
Total Current Liabilities	0.8	0.03	0.89		0.71	0.92	0.77	0.99	0.98	-0.33	-0.98	0.9	0.45	0.99	0.34	0.91	0.59	0.87	0.15	-0.53	0.82	0.9	0.98	0.99	0.87	0.71
Total Stockholder Equity	0.98	0.32	0.83	0.71		0.93	0.9	0.64	0.62	-0.89	-0.71	0.78	0.92	0.67	0.83	0.92	0.98	0.8	-0.04	-0.81	0.64	0.85	0.84	0.7	0.53	1.0
Other Liab	0.96	0.19	0.92	0.92	0.93		0.91	0.88	0.86	-0.67	-0.9	0.88	0.76	0.9	0.64	1.0	0.86	0.88	0.01	-0.74	0.75	0.92	0.98	0.9	0.73	0.92
Net Tangible Assets	0.93	0.41	0.9	0.77	0.9	0.91		0.72	0.7	-0.72	-0.79	0.83	0.76	0.74	0.73	0.93	0.85	0.8	-0.32	-0.53	0.66	0.89	0.86	0.74	0.69	0.9
Property Plant And Equipment Net	0.74	-0.1	0.88	0.99	0.64	0.88	0.72		1.0	-0.24	-0.97	0.85	0.36	1.0	0.22	0.87	0.52	0.8	0.14	-0.48	0.74	0.84	0.95	0.95	0.87	0.63
Current Deferred Revenue	0.72	-0.12	0.87	0.98	0.62	0.86	0.7	1.0		-0.21	-0.97	0.84	0.33	1.0	0.19	0.86	0.49	0.79	0.15	-0.46	0.73	0.83	0.94	0.95	0.87	0.61
Net Debt	-0.8	-0.44	-0.51	-0.33	-0.89	-0.67	-0.72	-0.24	-0.21		0.33	-0.45	-0.98	-0.28	-0.92	-0.67	-0.95	-0.51	0.19	0.79	-0.33	-0.55	-0.52	-0.32	-0.11	-0.9
Retained Earnings	-0.81	-0.05	-0.93	-0.98	-0.71	-0.9	-0.79	-0.97	-0.97	0.33		-0.93	-0.42	-0.97	-0.35	-0.9	-0.58	-0.89	-0.12	0.44	-0.84	-0.92	-0.96	-0.97	-0.91	-0.7
Accounts Payable	0.87	0.29	0.94	0.9	0.78	0.88	0.83	0.85	0.84	-0.45	-0.93		0.51	0.86	0.54	0.88	0.65	0.99	0.18	-0.44	0.95	0.99	0.91	0.93	0.92	0.78
Cash	0.84	0.45	0.55	0.45	0.92	0.76	0.76	0.36	0.33	-0.98	-0.42	0.51		0.4	0.92	0.76	0.98	0.57	-0.22	-0.82	0.39	0.61	0.63	0.44	0.17	0.93
Non Current Assets Total	0.77	-0.08	0.89	0.99	0.67	0.9	0.74	1.0	1.0	-0.28	-0.97	0.86	0.4		0.26	0.89	0.55	0.81	0.13	-0.5	0.75	0.86	0.96	0.96	0.87	0.66
Non Currrent Assets Other	0.77	0.73	0.49	0.34	0.83	0.64	0.73	0.22	0.19	-0.92	-0.35	0.54	0.92	0.26		0.65	0.89	0.61	-0.25	-0.6	0.5	0.62	0.51	0.39	0.19	0.86
Other Assets	0.96	0.23	0.92	0.91	0.92	1.0	0.93	0.87	0.86	-0.67	-0.9	0.88	0.76	0.89	0.65		0.86	0.87	-0.07	-0.7	0.74	0.92	0.98	0.89	0.73	0.92
Cash And Short Term Investments	0.93	0.38	0.71	0.59	0.98	0.86	0.85	0.52	0.49	-0.95	-0.58	0.65	0.98	0.55	0.89	0.86		0.69	-0.15	-0.84	0.51	0.74	0.75	0.58	0.36	0.98
Net Receivables	0.88	0.36	0.89	0.87	0.8	0.88	0.8	0.8	0.79	-0.51	-0.89	0.99	0.57	0.81	0.61	0.87	0.69		0.21	-0.49	0.97	0.98	0.89	0.91	0.86	0.81
Common Stock Shares Outstanding	0.0	-0.47	0.06	0.15	-0.04	0.01	-0.32	0.14	0.15	0.19	-0.12	0.18	-0.22	0.13	-0.25	-0.07	-0.15	0.21		-0.23	0.31	0.1	0.08	0.2	0.17	-0.07
Non Current Liabilities Total	-0.75	0.07	-0.51	-0.53	-0.81	-0.74	-0.53	-0.48	-0.46	0.79	0.44	-0.44	-0.82	-0.5	-0.6	-0.7	-0.84	-0.49	-0.23		-0.33	-0.51	-0.65	-0.5	-0.17	-0.8
Capital Lease Obligations	0.74	0.37	0.79	0.82	0.64	0.75	0.66	0.74	0.73	-0.33	-0.84	0.95	0.39	0.75	0.5	0.74	0.51	0.97	0.31	-0.33		0.92	0.8	0.89	0.86	0.65
Inventory	0.92	0.32	0.95	0.9	0.85	0.92	0.89	0.84	0.83	-0.55	-0.92	0.99	0.61	0.86	0.62	0.92	0.74	0.98	0.1	-0.51	0.92		0.93	0.92	0.88	0.85
Other Current Assets	0.91	0.11	0.92	0.98	0.84	0.98	0.86	0.95	0.94	-0.52	-0.96	0.91	0.63	0.96	0.51	0.98	0.75	0.89	0.08	-0.65	0.8	0.93		0.96	0.81	0.84
Other Stockholder Equity	0.79	0.12	0.86	0.99	0.7	0.9	0.74	0.95	0.95	-0.32	-0.97	0.93	0.44	0.96	0.39	0.89	0.58	0.91	0.2	-0.5	0.89	0.92	0.96		0.88	0.7
Total Liab	0.67	0.08	0.89	0.87	0.53	0.73	0.69	0.87	0.87	-0.11	-0.91	0.92	0.17	0.87	0.19	0.73	0.36	0.86	0.17	-0.17	0.86	0.88	0.81	0.88		0.52
Net Invested Capital	0.98	0.36	0.82	0.71	1.0	0.92	0.9	0.63	0.61	-0.9	-0.7	0.78	0.93	0.66	0.86	0.92	0.98	0.81	-0.07	-0.8	0.65	0.85	0.84	0.7	0.52

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Evolv Technologies Account Relationship Matchups

Evolv Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	21.4M	363.1M	348.3M	298.7M	343.5M	232.3M
Short Long Term Debt Total	21.7M	9.9M	31.7M	1.4M	1.6M	1.5M
Other Current Liab	3.7M	8.6M	8.7M	13.9M	16.0M	8.1M
Total Current Liabilities	12.1M	24.4M	59.1M	82.0M	94.4M	99.1M
Total Stockholder Equity	(84.7M)	290.8M	227.2M	146.3M	168.3M	114.7M
Property Plant And Equipment Net	9.3M	21.6M	46.4M	114.1M	131.2M	137.8M
Current Deferred Revenue	3.7M	6.7M	18.3M	47.7M	54.8M	57.6M
Net Debt	12.0M	(297.5M)	(198.1M)	(65.8M)	(59.2M)	(62.2M)
Retained Earnings	(93.9M)	(104.7M)	(192.0M)	(298.5M)	(268.6M)	(255.2M)
Accounts Payable	4.4M	6.0M	18.2M	17.4M	20.0M	10.7M
Cash	4.7M	307.5M	229.8M	67.2M	77.2M	137.8M
Non Current Assets Total	11.0M	29.4M	55.9M	122.9M	141.3M	148.4M
Non Currrent Assets Other	1.7M	7.8M	9.5M	1.7M	1.9M	1.8M
Cash And Short Term Investments	4.7M	307.5M	229.8M	118.8M	136.6M	149.2M
Net Receivables	1.4M	7.9M	34.8M	26.3M	30.3M	15.7M
Common Stock Shares Outstanding	8.9M	71.7M	143.9M	149.2M	171.5M	113.5M
Liabilities And Stockholders Equity	21.4M	363.1M	348.3M	298.7M	343.5M	232.3M
Non Current Liabilities Total	93.9M	47.9M	62.0M	70.4M	63.3M	55.6M
Inventory	2.7M	5.1M	10.3M	9.5M	10.9M	6.4M
Other Current Assets	562K	12.4M	17.8M	21.2M	24.4M	25.6M
Other Stockholder Equity	9.2M	33.6M	419.2M	444.8M	511.5M	537.1M
Total Liab	106.0M	72.2M	121.1M	152.4M	175.3M	117.6M
Net Invested Capital	(68.3M)	300.8M	256.7M	146.3M	168.3M	127.7M
Property Plant And Equipment Gross	11.8M	21.6M	44.7M	131.4M	151.1M	158.6M
Total Current Assets	10.3M	333.7M	292.4M	175.8M	202.2M	183.2M
Accumulated Other Comprehensive Income	(75.9M)	(363.1M)	(10K)	(53K)	(61.0K)	(64.0K)
Non Current Liabilities Other	132K	5.3M	17.6M	35.6M	41.0M	43.0M
Net Working Capital	(1.8M)	309.3M	233.5M	93.8M	107.9M	142.1M
Short Term Debt	227K	2.0M	12.2M	3.0M	3.5M	4.7M

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