Envista Other Stockholder Equity vs Total Stockholder Equity Analysis

NVST Stock  USD 22.00  0.18  0.81%   
Envista Holdings financial indicator trend analysis is much more than just examining Envista Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Envista Holdings Corp is a good investment. Please check the relationship between Envista Holdings Other Stockholder Equity and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Other Stockholder Equity vs Total Stockholder Equity

Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Envista Holdings Corp Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Envista Holdings' Other Stockholder Equity and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Envista Holdings Corp, assuming nothing else is changed. The correlation between historical values of Envista Holdings' Other Stockholder Equity and Total Stockholder Equity 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 Stockholder Equity of Envista Holdings Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Envista Holdings' Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Envista Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Envista Holdings Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Envista Holdings' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 29.02 in 2024, whereas Tax Provision is likely to drop slightly above 38.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.5B1.4B1.2B
Total Revenue2.5B2.6B2.6B2.1B

Envista Holdings fundamental ratios Correlations

0.750.410.66-0.39-0.690.680.380.54-0.53-0.60.840.55-0.73-0.420.29-0.360.73-0.540.470.850.390.750.490.510.51
0.750.830.85-0.85-0.540.570.820.52-0.78-0.630.820.24-0.95-0.530.76-0.570.91-0.90.870.940.740.890.590.560.53
0.410.830.86-0.91-0.240.120.930.23-0.61-0.340.640.08-0.87-0.290.9-0.30.87-0.910.970.630.680.820.750.290.57
0.660.850.86-0.7-0.270.190.730.18-0.45-0.260.67-0.02-0.92-0.170.62-0.210.91-0.740.830.720.480.790.90.090.87
-0.39-0.85-0.91-0.70.33-0.34-0.95-0.380.760.59-0.6-0.130.820.55-0.930.51-0.740.97-0.93-0.68-0.76-0.76-0.46-0.52-0.29
-0.69-0.54-0.24-0.270.33-0.9-0.45-0.940.420.43-0.81-0.830.330.19-0.440.12-0.470.53-0.41-0.75-0.67-0.63-0.02-0.65-0.07
0.680.570.120.19-0.34-0.90.350.86-0.51-0.640.660.63-0.34-0.460.31-0.410.34-0.480.290.770.580.48-0.180.73-0.07
0.380.820.930.73-0.95-0.450.350.49-0.65-0.40.680.23-0.76-0.310.98-0.290.79-0.970.980.690.860.810.520.440.38
0.540.520.230.18-0.38-0.940.860.49-0.55-0.460.780.75-0.3-0.240.51-0.250.45-0.530.430.710.810.63-0.070.74-0.05
-0.53-0.78-0.61-0.450.760.42-0.51-0.65-0.550.86-0.69-0.360.740.81-0.690.86-0.670.76-0.66-0.73-0.74-0.76-0.24-0.87-0.04
-0.6-0.63-0.34-0.260.590.43-0.64-0.4-0.460.86-0.52-0.410.580.96-0.40.86-0.40.6-0.38-0.63-0.44-0.510.03-0.870.16
0.840.820.640.67-0.6-0.810.660.680.78-0.69-0.520.67-0.75-0.320.67-0.330.87-0.750.740.90.780.950.520.650.44
0.550.240.08-0.02-0.13-0.830.630.230.75-0.36-0.410.67-0.12-0.220.28-0.050.26-0.320.190.430.440.49-0.10.68-0.2
-0.73-0.95-0.87-0.920.820.33-0.34-0.76-0.30.740.58-0.75-0.120.51-0.690.54-0.940.84-0.85-0.82-0.59-0.87-0.76-0.42-0.66
-0.42-0.53-0.29-0.170.550.19-0.46-0.31-0.240.810.96-0.32-0.220.51-0.320.91-0.280.5-0.29-0.47-0.3-0.360.08-0.780.24
0.290.760.90.62-0.93-0.440.310.980.51-0.69-0.40.670.28-0.69-0.32-0.320.75-0.940.950.630.890.80.450.510.25
-0.36-0.57-0.3-0.210.510.12-0.41-0.29-0.250.860.86-0.33-0.050.540.91-0.32-0.360.45-0.31-0.52-0.38-0.390.01-0.740.14
0.730.910.870.91-0.74-0.470.340.790.45-0.67-0.40.870.26-0.94-0.280.75-0.36-0.820.890.840.710.960.820.40.72
-0.54-0.9-0.91-0.740.970.53-0.48-0.97-0.530.760.6-0.75-0.320.840.5-0.940.45-0.82-0.95-0.79-0.83-0.86-0.49-0.59-0.34
0.470.870.970.83-0.93-0.410.290.980.43-0.66-0.380.740.19-0.85-0.290.95-0.310.89-0.950.730.820.880.670.40.52
0.850.940.630.72-0.68-0.750.770.690.71-0.73-0.630.90.43-0.82-0.470.63-0.520.84-0.790.730.750.870.440.640.45
0.390.740.680.48-0.76-0.670.580.860.81-0.74-0.440.780.44-0.59-0.30.89-0.380.71-0.830.820.750.810.260.670.16
0.750.890.820.79-0.76-0.630.480.810.63-0.76-0.510.950.49-0.87-0.360.8-0.390.96-0.860.880.870.810.660.60.53
0.490.590.750.9-0.46-0.02-0.180.52-0.07-0.240.030.52-0.1-0.760.080.450.010.82-0.490.670.440.260.66-0.150.92
0.510.560.290.09-0.52-0.650.730.440.74-0.87-0.870.650.68-0.42-0.780.51-0.740.4-0.590.40.640.670.6-0.15-0.31
0.510.530.570.87-0.29-0.07-0.070.38-0.05-0.040.160.44-0.2-0.660.240.250.140.72-0.340.520.450.160.530.92-0.31
Click cells to compare fundamentals

Envista Holdings Account Relationship Matchups

Envista Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.9B6.6B6.6B6.6B7.0B
Other Current Liab418M515.5M434.4M323.4M279.1M350.4M
Total Current Liabilities709.2M1.7B1.2B1.2B780.8M1.1B
Total Stockholder Equity3.5B3.7B4.1B4.2B4.2B3.4B
Other Liab399.3M408.8M304.6M151.3M136.2M267.8M
Net Tangible Assets(1.1B)(815.5M)(120.8M)3.2B3.7B3.9B
Property Plant And Equipment Net490.4M468.3M392.2M425.4M434.7M424.9M
Current Deferred Revenue52.6M48.6M60.1M78.9M106.4M71.8M
Retained Earnings93.1M126.4M466.9M731.4M631.2M322.0M
Accounts Payable208M202.5M185.8M228.3M179.5M165.0M
Cash211.2M888.9M1.1B606.9M940M584.7M
Non Current Assets Total5.2B5.3B4.7B5.2B4.9B4.1B
Non Currrent Assets Other74.4M127.3M167.8M153.7M180.5M135.5M
Other Assets74.4M70K167.8M153.7M176.8M101.7M
Long Term Debt1.3B907.7M883.4M870.7M1.4B845.6M
Cash And Short Term Investments211.2M888.9M1.1B606.9M940M584.7M
Net Receivables443.6M301.7M331.9M393.5M407.5M320.1M
Good Will3.3B3.4B3.1B3.5B3.3B2.7B
Long Term Debt Total1.3B907.7M883.4M870.7M1.0B730.2M
Liabilities And Stockholders Equity6.2B6.9B6.6B6.6B6.6B7.0B
Non Current Liabilities Total1.9B1.5B1.3B1.1B1.7B1.3B
Capital Surpluse3.6B3.7B3.7B3.7B4.3B2.7B
Capital Lease Obligations212.7M186.3M144.1M148.4M140.2M130.7M
Inventory277.9M266.9M263.8M300.8M258.8M219.7M
Other Current Assets69.2M184M166.5M123.4M137.4M123.3M
Other Stockholder Equity3.6B3.7B3.7B3.7B3.8B3.2B
Total Liab2.6B3.2B2.5B2.4B2.4B2.4B
Net Invested Capital4.9B5.5B5.4B5.6B5.7B5.8B
Property Plant And Equipment Gross490.4M468.3M392.2M425.4M775.7M478.5M
Short Long Term Debt3.9M886.8M432.4M510M115.3M109.5M
Total Current Assets1.0B1.6B1.8B1.4B1.7B1.4B
Accumulated Other Comprehensive Income(144.2M)(91.8M)(143.5M)(225.1M)(217.2M)(206.3M)
Non Current Liabilities Other13.5M408.8M304.6M151.3M7.8M7.4M
Net Working Capital292.7M(94.2M)628M187.9M962.9M1.0B
Short Term Debt30.6M917.9M479.8M564M175.9M167.1M
Intangible Assets1.3B1.3B1.0B1.1B954M975.8M
Property Plant Equipment490.4M303M392.2M293.6M337.6M361.5M

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 Envista Stock Analysis

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