Evolv Other Non Cash Items vs Free Cash Flow Analysis

EVLV Stock  USD 3.79  0.31  8.91%   
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 Other Non Cash Items and its Free Cash Flow 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.

Other Non Cash Items vs Free Cash Flow

Other Non Cash Items vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Other Non Cash Items account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between Evolv Technologies' Other Non Cash Items and Free Cash Flow is 0.0. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow 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' Other Non Cash Items and Free Cash Flow 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 Non Cash Items of Evolv Technologies Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Non Cash Items i.e., Evolv Technologies' Other Non Cash Items and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Other Non Cash Items

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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.