Evogene Total Current Liabilities from 2010 to 2024

EVGN Stock  USD 2.09  0.15  6.70%   
Evogene Total Current Liabilities yearly trend continues to be very stable with very little volatility. Total Current Liabilities is likely to drop to about 5.6 M. Total Current Liabilities is the total amount of liabilities that Evogene is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2011-12-31
Previous Quarter
6.1 M
Current Value
5.9 M
Quarterly Volatility
1.5 M
 
Yuan Drop
 
Covid
Check Evogene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evogene's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 109.2 K or Selling General Administrative of 5.2 M, as well as many indicators such as Price To Sales Ratio of 6.7, Dividend Yield of 0.0 or PTB Ratio of 3.14. Evogene financial statements analysis is a perfect complement when working with Evogene Valuation or Volatility modules.
  
Check out the analysis of Evogene Correlation against competitors.
To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.

Latest Evogene's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Evogene over the last few years. Total Current Liabilities is an item on Evogene balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Evogene are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Evogene's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evogene's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Evogene Total Current Liabilities Regression Statistics

Arithmetic Mean7,037,336
Geometric Mean6,833,345
Coefficient Of Variation25.13
Mean Deviation1,547,198
Median6,882,000
Standard Deviation1,768,457
Sample Variance3.1T
Range5M
R-Value(0.52)
Mean Square Error2.5T
R-Squared0.27
Significance0.05
Slope(206,092)
Total Sum of Squares43.8T

Evogene Total Current Liabilities History

20245.6 M
20236.9 M
20225.6 M
20216.9 M
20209.7 M
20195.7 M
20185.4 M

About Evogene Financial Statements

Evogene investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Evogene Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities6.9 M5.6 M

Pair Trading with Evogene

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 Evogene 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 Evogene will appreciate offsetting losses from the drop in the long position's value.

Moving together with Evogene Stock

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Moving against Evogene Stock

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The ability to find closely correlated positions to Evogene could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evogene 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 Evogene - 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 Evogene to buy it.
The correlation of Evogene 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 Evogene moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evogene 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 Evogene 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
When determining whether Evogene offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evogene's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evogene Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evogene Stock:
Check out the analysis of Evogene Correlation against competitors.
To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evogene. If investors know Evogene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evogene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.84)
Revenue Per Share
1.881
Quarterly Revenue Growth
0.398
Return On Assets
(0.28)
Return On Equity
(0.82)
The market value of Evogene is measured differently than its book value, which is the value of Evogene that is recorded on the company's balance sheet. Investors also form their own opinion of Evogene's value that differs from its market value or its book value, called intrinsic value, which is Evogene's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evogene's market value can be influenced by many factors that don't directly affect Evogene's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evogene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evogene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evogene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.