Evercore Short Term Debt vs Other Current Assets Analysis

EVR Stock  USD 308.10  2.90  0.93%   
Evercore Partners financial indicator trend analysis is much more than just examining Evercore Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evercore Partners is a good investment. Please check the relationship between Evercore Partners Short Term Debt and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evercore Partners. 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.
To learn how to invest in Evercore Stock, please use our How to Invest in Evercore Partners guide.

Short Term Debt vs Other Current Assets

Short Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evercore Partners Short Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Evercore Partners' Short Term Debt and Other Current Assets is 0.47. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Evercore Partners, assuming nothing else is changed. The correlation between historical values of Evercore Partners' Short Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Evercore Partners are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Debt i.e., Evercore Partners' Short Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Evercore Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evercore Partners 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 Evercore Partners. 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.
To learn how to invest in Evercore Stock, please use our How to Invest in Evercore Partners guide.At this time, Evercore Partners' Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Tax Provision is likely to grow to about 161.2 M, while Sales General And Administrative To Revenue is likely to drop 0.46.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B958.3M2.4B2.5B
Total Revenue3.3B2.8B2.4B1.2B

Evercore Partners fundamental ratios Correlations

0.470.31-0.3-0.030.380.230.29-0.380.850.740.42-0.410.060.470.270.55-0.880.210.190.340.570.180.310.12-0.88
0.470.96-0.840.60.980.950.60.460.410.730.820.10.640.970.780.95-0.470.950.790.450.90.940.82-0.12-0.47
0.310.96-0.80.680.960.990.470.620.260.620.750.220.720.960.780.88-0.340.940.870.440.830.970.82-0.15-0.34
-0.3-0.84-0.8-0.56-0.84-0.81-0.58-0.51-0.29-0.49-0.74-0.16-0.57-0.73-0.63-0.760.29-0.83-0.7-0.28-0.75-0.8-0.68-0.010.29
-0.030.60.68-0.560.680.710.130.72-0.060.070.110.770.980.550.90.55-0.130.60.830.30.290.750.88-0.01-0.13
0.380.980.96-0.840.680.950.540.560.30.630.760.240.730.930.820.91-0.420.950.790.520.840.960.86-0.09-0.42
0.230.950.99-0.810.710.950.50.660.230.580.740.270.730.950.80.87-0.260.950.880.410.810.980.84-0.16-0.25
0.290.60.47-0.580.130.540.5-0.090.350.690.61-0.220.030.510.440.67-0.120.570.38-0.090.610.460.48-0.35-0.12
-0.380.460.62-0.510.720.560.66-0.09-0.42-0.20.30.720.760.450.470.240.140.640.660.350.280.710.470.120.15
0.850.410.26-0.29-0.060.30.230.35-0.420.740.34-0.52-0.010.440.250.56-0.630.160.210.130.480.140.280.06-0.64
0.740.730.62-0.490.070.630.580.69-0.20.740.7-0.480.090.760.460.84-0.510.560.40.240.820.50.51-0.3-0.51
0.420.820.75-0.740.110.760.740.610.30.340.7-0.260.180.790.310.71-0.340.840.460.380.930.710.38-0.1-0.34
-0.410.10.22-0.160.770.240.27-0.220.72-0.52-0.48-0.260.740.030.49-0.030.110.190.460.27-0.180.350.440.330.12
0.060.640.72-0.570.980.730.730.030.76-0.010.090.180.740.610.870.57-0.260.620.820.430.350.780.860.08-0.26
0.470.970.96-0.730.550.930.950.510.450.440.760.790.030.610.740.93-0.450.90.80.450.880.910.79-0.18-0.45
0.270.780.78-0.630.90.820.80.440.470.250.460.310.490.870.740.81-0.320.70.860.30.520.811.0-0.17-0.31
0.550.950.88-0.760.550.910.870.670.240.560.840.71-0.030.570.930.81-0.450.830.730.330.850.840.86-0.25-0.45
-0.88-0.47-0.340.29-0.13-0.42-0.26-0.120.14-0.63-0.51-0.340.11-0.26-0.45-0.32-0.45-0.23-0.26-0.57-0.47-0.23-0.34-0.331.0
0.210.950.94-0.830.60.950.950.570.640.160.560.840.190.620.90.70.83-0.230.770.380.850.970.74-0.18-0.23
0.190.790.87-0.70.830.790.880.380.660.210.40.460.460.820.80.860.73-0.260.770.210.60.850.87-0.07-0.26
0.340.450.44-0.280.30.520.41-0.090.350.130.240.380.270.430.450.30.33-0.570.380.210.470.430.310.47-0.57
0.570.90.83-0.750.290.840.810.610.280.480.820.93-0.180.350.880.520.85-0.470.850.60.470.770.58-0.12-0.47
0.180.940.97-0.80.750.960.980.460.710.140.50.710.350.780.910.810.84-0.230.970.850.430.770.85-0.15-0.23
0.310.820.82-0.680.880.860.840.480.470.280.510.380.440.860.791.00.86-0.340.740.870.310.580.85-0.18-0.33
0.12-0.12-0.15-0.01-0.01-0.09-0.16-0.350.120.06-0.3-0.10.330.08-0.18-0.17-0.25-0.33-0.18-0.070.47-0.12-0.15-0.18-0.33
-0.88-0.47-0.340.29-0.13-0.42-0.25-0.120.15-0.64-0.51-0.340.12-0.26-0.45-0.31-0.451.0-0.23-0.26-0.57-0.47-0.23-0.33-0.33
Click cells to compare fundamentals

Evercore Partners Account Relationship Matchups

Evercore Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding43.2M42.6M43.3M41.0M40.1M32.0M
Total Assets2.6B3.4B3.8B3.6B3.7B3.9B
Short Long Term Debt Total625.6M719.6M721.0M687.8M844.4M886.6M
Other Current Liab(2.5M)(134.2M)(99.9M)(76.6M)(103.9M)(98.7M)
Total Current Liabilities73.0M118.8M79.0M66.8M1.0B1.1B
Total Stockholder Equity869.7M1.2B1.3B1.5B1.6B1.7B
Property Plant And Equipment Net326.8M419.3M411.9M380.8M516.1M541.9M
Current Deferred Revenue2.5M9.4M9.3M5.1M3.5M4.9M
Net Debt(223.0M)(110.0M)1.5M(98.5M)247.5M259.9M
Accounts Payable39.7M38.0M31.6M28.8M26.0M25.8M
Cash848.6M829.6M719.5M786.3M596.9M447.7M
Non Current Assets Total958.5M1.7B2.3B1.9B1.1B686.4M
Non Currrent Assets Other(268.6M)(257.9M)(248.1M)(257.2M)285.2M299.5M
Other Assets472.8M452.7M447.1M570.6M2.0B2.1B
Long Term Debt375.1M338.5M376.2M371.8M373.9M392.6M
Cash And Short Term Investments848.6M829.6M719.5M786.3M2.0B2.1B
Net Receivables318.8M368.3M351.7M385.1M397.4M417.2M
Common Stock Total Equity687K722K748K797K717.3K681.4K
Short Term Investments623.9M1.1B1.8B1.4B1.4B1.5B
Liabilities And Stockholders Equity2.6B3.4B3.8B3.6B3.7B3.9B
Non Current Liabilities Total592.3M638.8M673.7M66.8M1.0B1.1B
Other Current Assets136.3M115.8M83.7M225.5M199.9M115.3M
Total Liab1.5B1.9B2.2B1.9B1.9B984.1M
Property Plant And Equipment Gross326.8M419.3M577.8M567.9M729.0M765.4M
Total Current Assets1.2B1.2B1.1B1.2B2.6B2.7B
Accumulated Other Comprehensive Income(27.6M)(9.8M)(12.1M)(27.9M)(26.5M)(25.2M)
Short Term Debt33.3M80.8M47.3M38.0M72.5M61.3M
Common Stock687K722K748K797K821K780.0K
Property Plant Equipment126.8M148.8M148.6M143.3M164.8M173.0M
Other Liab211.4M178.8M196.5M174.1M200.2M247.0M
Retained Earnings558.3M798.6M1.4B1.8B1.9B2.0B
Good Will130.8M129.1M128.2M123.3M125.5M140.9M
Inventory(136.3M)(115.8M)(83.7M)(225.5M)2.2B2.3B
Other Stockholder Equity338.4M441.4M(86.7M)(204.1M)(290.0M)(275.5M)
Intangible Assets2.3M698K336K123.3M141.8M148.9M
Treasury Stock(1.7B)(1.8B)(2.5B)(3.1B)(2.8B)(2.6B)
Net Tangible Assets736.7M1.1B1.1B1.4B1.6B1.7B
Noncontrolling Interest In Consolidated Entity256.5M258.4M314.9M189.6M218.0M198.1M
Retained Earnings Total Equity558.3M798.6M1.4B1.8B2.0B2.1B

Pair Trading with Evercore Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evercore Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evercore Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with Evercore Stock

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Moving against Evercore Stock

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The ability to find closely correlated positions to Evercore Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evercore Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evercore Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evercore Partners to buy it.
The correlation of Evercore Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evercore Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evercore Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evercore Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Evercore Stock Analysis

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