Evolus Long Term Debt vs Total Assets Analysis

EOLS Stock

USD 16.50 0.01 0.06%

Evolus financial indicator trend analysis is much more than just examining Evolus Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evolus Inc is a good investment. Please check the relationship between Evolus Long Term Debt and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolus Inc. 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.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolus Inc Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Evolus' Long Term Debt and Total Assets is 0.75. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Evolus Inc, assuming nothing else is changed. The correlation between historical values of Evolus' Long Term Debt and Total 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 Long Term Debt of Evolus Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Evolus' Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Evolus Inc has held for over one year. Long-term debt appears on Evolus Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Evolus Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Evolus assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Evolus Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Evolus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolus Inc 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 Evolus Inc. 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, Evolus' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.91 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Evolus fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Capital Surpluse
Total Assets		0.46	0.69	0.14	-0.77	0.74	0.3	-0.36	-0.76	0.43	0.93	0.19	-0.27	0.73	0.61	0.88	0.59	0.22	0.77	-0.93	0.55	1.0	-0.25	-0.39	-0.92	0.85
Short Long Term Debt Total	0.46		0.42	0.83	-0.3	0.0	-0.6	0.64	-0.38	0.12	0.16	0.1	-0.25	0.34	0.25	0.27	0.06	0.17	0.85	-0.56	0.86	0.45	0.62	-0.22	-0.59	0.48
Other Current Liab	0.69	0.42		0.39	-0.81	0.51	-0.14	-0.23	-0.63	0.18	0.72	0.13	-0.2	0.51	0.32	0.63	0.69	0.05	0.77	-0.57	0.21	0.69	-0.07	-0.28	-0.56	0.52
Total Current Liabilities	0.14	0.83	0.39		-0.31	-0.2	-0.85	0.67	-0.05	0.0	-0.07	0.1	0.06	0.0	-0.13	-0.14	-0.12	-0.18	0.67	-0.24	0.65	0.14	0.87	0.05	-0.27	0.1
Total Stockholder Equity	-0.77	-0.3	-0.81	-0.31		-0.55	-0.13	0.43	0.36	-0.09	-0.83	-0.4	-0.15	-0.34	-0.14	-0.52	-0.55	0.34	-0.61	0.59	-0.29	-0.77	0.01	-0.04	0.58	-0.44
Other Liab	0.74	0.0	0.51	-0.2	-0.55		0.46	-0.64	-0.51	0.28	0.84	0.12	-0.21	0.44	0.32	0.75	0.28	0.13	0.4	-0.75	0.21	0.74	-0.48	-0.19	-0.73	0.58
Net Tangible Assets	0.3	-0.6	-0.14	-0.85	-0.13	0.46		-0.82	-0.13	0.06	0.48	0.07	-0.01	0.22	0.29	0.39	0.32	0.04	-0.37	-0.15	-0.32	0.3	-0.82	-0.08	-0.11	0.22
Net Debt	-0.36	0.64	-0.23	0.67	0.43	-0.64	-0.82		0.19	-0.17	-0.65	-0.18	-0.16	-0.22	-0.14	-0.44	-0.44	0.13	0.21	0.18	0.45	-0.37	0.79	-0.01	0.15	-0.19
Retained Earnings	-0.76	-0.38	-0.63	-0.05	0.36	-0.51	-0.13	0.19		-0.64	-0.67	0.29	0.62	-0.94	-0.91	-0.86	-0.68	-0.75	-0.7	0.77	-0.37	-0.76	0.41	0.84	0.76	-0.9
Accounts Payable	0.43	0.12	0.18	0.0	-0.09	0.28	0.06	-0.17	-0.64		0.34	-0.04	-0.08	0.69	0.55	0.51	0.3	0.57	0.38	-0.5	0.17	0.44	-0.29	-0.48	-0.48	0.59
Cash	0.93	0.16	0.72	-0.07	-0.83	0.84	0.48	-0.65	-0.67	0.34		0.19	-0.18	0.63	0.5	0.84	0.65	0.09	0.58	-0.81	0.27	0.94	-0.45	-0.3	-0.79	0.72
Non Current Assets Total	0.19	0.1	0.13	0.1	-0.4	0.12	0.07	-0.18	0.29	-0.04	0.19		0.76	-0.12	-0.48	0.12	0.03	-0.61	0.1	-0.05	0.01	0.19	0.18	0.73	-0.05	-0.05
Good Will	-0.27	-0.25	-0.2	0.06	-0.15	-0.21	-0.01	-0.16	0.62	-0.08	-0.18	0.76		-0.4	-0.69	-0.38	-0.22	-0.76	-0.3	0.35	-0.25	-0.25	0.29	0.81	0.36	-0.4
Common Stock Shares Outstanding	0.73	0.34	0.51	0.0	-0.34	0.44	0.22	-0.22	-0.94	0.69	0.63	-0.12	-0.4		0.9	0.85	0.69	0.69	0.63	-0.75	0.37	0.75	-0.4	-0.76	-0.73	0.95
Short Term Investments	0.61	0.25	0.32	-0.13	-0.14	0.32	0.29	-0.14	-0.91	0.55	0.5	-0.48	-0.69	0.9		0.71	0.6	0.82	0.46	-0.64	0.35	0.61	-0.46	-0.93	-0.62	0.85
Non Current Liabilities Total	0.88	0.27	0.63	-0.14	-0.52	0.75	0.39	-0.44	-0.86	0.51	0.84	0.12	-0.38	0.85	0.71		0.67	0.49	0.64	-0.83	0.31	0.88	-0.53	-0.52	-0.81	0.88
Other Current Assets	0.59	0.06	0.69	-0.12	-0.55	0.28	0.32	-0.44	-0.68	0.3	0.65	0.03	-0.22	0.69	0.6	0.67		0.28	0.4	-0.38	-0.09	0.6	-0.49	-0.47	-0.36	0.58
Other Stockholder Equity	0.22	0.17	0.05	-0.18	0.34	0.13	0.04	0.13	-0.75	0.57	0.09	-0.61	-0.76	0.69	0.82	0.49	0.28		0.27	-0.36	0.17	0.22	-0.41	-0.88	-0.35	0.58
Total Liab	0.77	0.85	0.77	0.67	-0.61	0.4	-0.37	0.21	-0.7	0.38	0.58	0.1	-0.3	0.63	0.46	0.64	0.4	0.27		-0.81	0.74	0.77	0.26	-0.39	-0.82	0.74
Deferred Long Term Liab	-0.93	-0.56	-0.57	-0.24	0.59	-0.75	-0.15	0.18	0.77	-0.5	-0.81	-0.05	0.35	-0.75	-0.64	-0.83	-0.38	-0.36	-0.81		-0.72	-0.93	0.13	0.48	1.0	-0.9
Short Long Term Debt	0.55	0.86	0.21	0.65	-0.29	0.21	-0.32	0.45	-0.37	0.17	0.27	0.01	-0.25	0.37	0.35	0.31	-0.09	0.17	0.74	-0.72		0.55	0.51	-0.27	-0.75	0.59
Total Current Assets	1.0	0.45	0.69	0.14	-0.77	0.74	0.3	-0.37	-0.76	0.44	0.94	0.19	-0.25	0.75	0.61	0.88	0.6	0.22	0.77	-0.93	0.55		-0.25	-0.39	-0.92	0.86
Short Term Debt	-0.25	0.62	-0.07	0.87	0.01	-0.48	-0.82	0.79	0.41	-0.29	-0.45	0.18	0.29	-0.4	-0.46	-0.53	-0.49	-0.41	0.26	0.13	0.51	-0.25		0.37	0.09	-0.28
Intangible Assets	-0.39	-0.22	-0.28	0.05	-0.04	-0.19	-0.08	-0.01	0.84	-0.48	-0.3	0.73	0.81	-0.76	-0.93	-0.52	-0.47	-0.88	-0.39	0.48	-0.27	-0.39	0.37		0.47	-0.68
Non Currrent Assets Other	-0.92	-0.59	-0.56	-0.27	0.58	-0.73	-0.11	0.15	0.76	-0.48	-0.79	-0.05	0.36	-0.73	-0.62	-0.81	-0.36	-0.35	-0.82	1.0	-0.75	-0.92	0.09	0.47		-0.89
Capital Surpluse	0.85	0.48	0.52	0.1	-0.44	0.58	0.22	-0.19	-0.9	0.59	0.72	-0.05	-0.4	0.95	0.85	0.88	0.58	0.58	0.74	-0.9	0.59	0.86	-0.28	-0.68	-0.89

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Evolus Account Relationship Matchups

Evolus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	240.4M	209.1M	257.5M	178.0M	189.0M	190.3M
Short Long Term Debt Total	96.5M	138.3M	74.7M	73.2M	126.5M	103.1M
Other Current Liab	17.4M	72.9M	42.4M	2.4M	31.6M	21.2M
Total Current Liabilities	24.4M	180.2M	57.7M	46.5M	48.3M	61.0M
Total Stockholder Equity	(213.1M)	(376.1M)	(422.9M)	18.5M	(20.7M)	(21.7M)
Other Liab	59.1M	58.1M	44.5M	39.9M	45.9M	46.9M
Net Tangible Assets	(1.4M)	(149.5M)	10.0M	(51.3M)	(59.0M)	(62.0M)
Net Debt	(13.3M)	35.8M	(71.5M)	19.3M	63.7M	66.9M
Retained Earnings	(213.1M)	(376.1M)	(422.9M)	(497.3M)	(559.0M)	(531.0M)
Accounts Payable	5.8M	9.6M	6.1M	33.7M	4.3M	7.9M
Cash	109.9M	102.6M	146.3M	53.9M	62.8M	70.0M
Non Current Assets Total	88.2M	81.5M	78.7M	77.2M	76.6M	63.4M
Common Stock Shares Outstanding	28.2M	33.7M	49.8M	56.1M	56.9M	37.9M
Liabilities And Stockholders Equity	(52.1M)	(94.0M)	(247.3M)	178.0M	189.0M	198.4M
Non Current Liabilities Total	136.5M	101.8M	117.9M	113.0M	161.4M	94.2M
Other Current Assets	5.3M	7.0M	11.0M	5.6M	8.1M	5.2M
Total Liab	161.0M	282.0M	175.6M	159.5M	209.7M	178.1M
Total Current Assets	152.2M	127.6M	178.8M	100.8M	112.4M	103.1M
Intangible Assets	59.6M	55.3M	50.6M	48.6M	47.1M	43.2M
Non Currrent Assets Other	2.4M	240K	2.8M	2.8M	409.0K	388.5K
Other Assets	2.4M	3.7M	32.5M	2.8M	1.0	0.95
Net Invested Capital	170.9M	61M	153.1M	90.4M	99.7M	92.8M
Net Working Capital	127.8M	(52.6M)	121.1M	54.3M	64.1M	41.5M
Long Term Debt	91.5M	40.5M	71.2M	71.9M	120.4M	75.6M
Cash And Short Term Investments	129.8M	107.6M	146.3M	53.9M	62.8M	79.1M

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