Evolution Capital Expenditures vs Free Cash Flow Analysis

EPM Stock

USD 5.89 0.01 0.17%

Evolution Petroleum financial indicator trend analysis is much more than just examining Evolution Petroleum latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evolution Petroleum is a good investment. Please check the relationship between Evolution Petroleum Capital Expenditures and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolution Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolution Petroleum Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Evolution Petroleum's Capital Expenditures and Free Cash Flow is -0.62. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Evolution Petroleum, assuming nothing else is changed. The correlation between historical values of Evolution Petroleum's Capital Expenditures 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 Capital Expenditures of Evolution Petroleum 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 Capital Expenditures i.e., Evolution Petroleum's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Evolution Petroleum to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Evolution Petroleum operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 Evolution Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolution Petroleum 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 Evolution Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.At this time, Evolution Petroleum's Tax Provision is very stable compared to the past year. As of the 21st of November 2024, Sales General And Administrative To Revenue is likely to grow to 2.80, while Selling General Administrative is likely to drop about 9.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	52.2M	54.7M	19.0M	13.1M
Total Revenue	108.9M	128.5M	85.9M	90.2M

Gross Profit Total Revenue

Evolution Petroleum fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Common Stock	Short Long Term Debt Total	Short Term Debt	Other Liab	Current Deferred Revenue
Total Assets		0.46	0.51	0.61	0.98	0.59	0.84	0.47	-0.08	0.98	0.13	-0.08	0.7	0.45	-0.22	0.43	0.19	0.6	0.89	0.34	-0.78	-0.62	0.55	-0.06	0.91	0.78
Other Current Liab	0.46		0.94	0.39	0.43	0.34	0.3	0.77	-0.3	0.43	0.15	-0.3	0.74	0.27	0.11	0.02	-0.06	0.8	0.28	0.32	-0.19	0.06	0.61	-0.23	0.31	0.45
Total Current Liabilities	0.51	0.94		0.46	0.48	0.35	0.3	0.94	-0.3	0.48	0.03	-0.3	0.8	0.33	0.15	0.02	0.08	0.88	0.31	0.38	-0.19	0.11	0.68	-0.32	0.45	0.52
Total Stockholder Equity	0.61	0.39	0.46		0.52	-0.16	0.83	0.45	0.39	0.51	0.11	0.39	0.32	0.8	0.26	-0.29	0.6	0.56	0.37	0.72	-0.38	-0.12	0.3	-0.75	0.54	0.27
Property Plant And Equipment Net	0.98	0.43	0.48	0.52		0.7	0.79	0.43	-0.23	1.0	0.08	-0.23	0.7	0.34	-0.31	0.55	0.07	0.59	0.95	0.17	-0.84	-0.62	0.58	0.07	0.93	0.85
Net Debt	0.59	0.34	0.35	-0.16	0.7		0.17	0.28	-0.76	0.71	-0.11	-0.76	0.66	-0.26	-0.45	0.88	-0.46	0.45	0.75	-0.43	-0.6	-0.36	0.65	0.58	0.61	0.82
Retained Earnings	0.84	0.3	0.3	0.83	0.79	0.17		0.23	0.25	0.79	0.28	0.25	0.38	0.6	-0.05	0.1	0.35	0.4	0.71	0.49	-0.72	-0.53	0.25	-0.33	0.74	0.49
Accounts Payable	0.47	0.77	0.94	0.45	0.43	0.28	0.23		-0.23	0.43	-0.09	-0.24	0.75	0.34	0.19	-0.02	0.22	0.83	0.26	0.41	-0.12	0.15	0.62	-0.37	0.48	0.48
Cash	-0.08	-0.3	-0.3	0.39	-0.23	-0.76	0.25	-0.23		-0.23	0.34	1.0	-0.47	0.5	0.19	-0.62	0.66	-0.31	-0.33	0.72	0.24	-0.15	-0.43	-0.52	-0.21	-0.58
Non Current Assets Total	0.98	0.43	0.48	0.51	1.0	0.71	0.79	0.43	-0.23		0.09	-0.23	0.7	0.34	-0.32	0.55	0.06	0.59	0.95	0.16	-0.85	-0.62	0.58	0.07	0.93	0.85
Non Currrent Assets Other	0.13	0.15	0.03	0.11	0.08	-0.11	0.28	-0.09	0.34	0.09		0.34	-0.24	-0.09	-0.33	0.1	0.05	0.03	0.12	0.23	-0.13	-0.05	0.02	0.05	0.06	-0.32
Cash And Short Term Investments	-0.08	-0.3	-0.3	0.39	-0.23	-0.76	0.25	-0.24	1.0	-0.23	0.34		-0.47	0.5	0.19	-0.62	0.66	-0.31	-0.33	0.72	0.24	-0.15	-0.44	-0.52	-0.21	-0.58
Net Receivables	0.7	0.74	0.8	0.32	0.7	0.66	0.38	0.75	-0.47	0.7	-0.24	-0.47		0.22	0.17	0.29	-0.07	0.69	0.53	0.2	-0.34	-0.26	0.6	-0.05	0.64	0.81
Common Stock Shares Outstanding	0.45	0.27	0.33	0.8	0.34	-0.26	0.6	0.34	0.5	0.34	-0.09	0.5	0.22		0.23	-0.51	0.65	0.37	0.16	0.69	-0.25	-0.35	0.14	-0.63	0.27	0.15
Inventory	-0.22	0.11	0.15	0.26	-0.31	-0.45	-0.05	0.19	0.19	-0.32	-0.33	0.19	0.17	0.23		-0.63	0.25	-0.03	-0.52	0.43	0.6	0.35	-0.23	-0.61	-0.22	-0.25
Other Current Assets	0.43	0.02	0.02	-0.29	0.55	0.88	0.1	-0.02	-0.62	0.55	0.1	-0.62	0.29	-0.51	-0.63		-0.52	0.2	0.71	-0.54	-0.59	-0.26	0.5	0.69	0.5	0.6
Other Stockholder Equity	0.19	-0.06	0.08	0.6	0.07	-0.46	0.35	0.22	0.66	0.06	0.05	0.66	-0.07	0.65	0.25	-0.52		0.1	-0.1	0.7	0.1	-0.08	-0.09	-0.73	0.17	-0.2
Total Liab	0.6	0.8	0.88	0.56	0.59	0.45	0.4	0.83	-0.31	0.59	0.03	-0.31	0.69	0.37	-0.03	0.2	0.1		0.47	0.31	-0.37	0.13	0.9	-0.32	0.55	0.57
Property Plant And Equipment Gross	0.89	0.28	0.31	0.37	0.95	0.75	0.71	0.26	-0.33	0.95	0.12	-0.33	0.53	0.16	-0.52	0.71	-0.1	0.47		-0.07	-0.95	-0.59	0.53	0.27	0.87	0.84
Total Current Assets	0.34	0.32	0.38	0.72	0.17	-0.43	0.49	0.41	0.72	0.16	0.23	0.72	0.2	0.69	0.43	-0.54	0.7	0.31	-0.07		0.12	-0.09	0.08	-0.76	0.16	-0.13
Common Stock Total Equity	-0.78	-0.19	-0.19	-0.38	-0.84	-0.6	-0.72	-0.12	0.24	-0.85	-0.13	0.24	-0.34	-0.25	0.6	-0.59	0.1	-0.37	-0.95	0.12		0.6	-0.4	-0.28	-0.74	-0.75
Common Stock	-0.62	0.06	0.11	-0.12	-0.62	-0.36	-0.53	0.15	-0.15	-0.62	-0.05	-0.15	-0.26	-0.35	0.35	-0.26	-0.08	0.13	-0.59	-0.09	0.6		0.06	-0.33	-0.45	-0.44
Short Long Term Debt Total	0.55	0.61	0.68	0.3	0.58	0.65	0.25	0.62	-0.43	0.58	0.02	-0.44	0.6	0.14	-0.23	0.5	-0.09	0.9	0.53	0.08	-0.4	0.06		-0.04	0.49	0.58
Short Term Debt	-0.06	-0.23	-0.32	-0.75	0.07	0.58	-0.33	-0.37	-0.52	0.07	0.05	-0.52	-0.05	-0.63	-0.61	0.69	-0.73	-0.32	0.27	-0.76	-0.28	-0.33	-0.04		-0.06	0.22
Other Liab	0.91	0.31	0.45	0.54	0.93	0.61	0.74	0.48	-0.21	0.93	0.06	-0.21	0.64	0.27	-0.22	0.5	0.17	0.55	0.87	0.16	-0.74	-0.45	0.49	-0.06		0.77
Current Deferred Revenue	0.78	0.45	0.52	0.27	0.85	0.82	0.49	0.48	-0.58	0.85	-0.32	-0.58	0.81	0.15	-0.25	0.6	-0.2	0.57	0.84	-0.13	-0.75	-0.44	0.58	0.22	0.77

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Evolution Petroleum Account Relationship Matchups

Evolution Petroleum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	92.1M	76.7M	148.0M	128.3M	162.9M	171.0M
Other Current Liab	1.9M	920.6K	15.1M	6.0M	6.3M	30K
Total Current Liabilities	4.3M	6.6M	30.3M	12.3M	15.8M	320.1K
Total Stockholder Equity	74.1M	54.6M	75.5M	92.1M	81.1M	42.9M
Property Plant And Equipment Net	66.5M	58.5M	110.5M	105.8M	139.8M	146.8M
Net Debt	(19.6M)	(1.3M)	13.0M	(10.9M)	33.2M	34.9M
Retained Earnings	32.8M	12.0M	32.9M	52.0M	40.0M	42.0M
Accounts Payable	1.5M	5.6M	15.1M	5.9M	8.3M	39K
Cash	19.7M	5.3M	8.3M	11.0M	6.4M	12.3M
Non Current Assets Total	66.8M	58.6M	111.7M	107.1M	141.2M	148.2M
Non Currrent Assets Other	291.6K	(6.0T)	(5.9M)	(3.0M)	1.3M	1.4M
Cash And Short Term Investments	19.7M	5.3M	8.3M	11.0M	6.4M	12.5M
Net Receivables	5.2M	11.8M	24.1M	7.9M	10.8M	11.4M
Common Stock Shares Outstanding	33.0M	32.7M	33.3M	33.2M	32.9M	24.0M
Liabilities And Stockholders Equity	92.1M	76.7M	148.0M	128.3M	162.9M	171.0M
Other Current Assets	491.7K	1.0M	1.4M	1.9M	6.5M	6.8M
Other Stockholder Equity	41.3M	42.5M	42.6M	40.1M	41.1M	33.9M
Total Liab	18.0M	22.1M	72.5M	36.2M	81.8M	320.1K
Property Plant And Equipment Gross	66.6M	58.6M	110.5M	197.2M	249.7M	262.2M
Total Current Assets	25.3M	18.1M	36.4M	21.2M	21.7M	17.2M
Common Stock Total Equity	33.0K	33.5K	33K	276.0	317.4	301.53
Common Stock	33.1K	33.2K	33.0K	33.5K	33K	11K
Short Term Debt	54.3K	64.2K	26K	59K	98K	251.0K
Other Liab	13.6M	11.5M	21.0M	23.8M	27.4M	28.8M
Other Assets	11.9K	70.8K	1.2M	1.2M	1.0M	1.7M
Non Current Liabilities Total	13.7M	15.5M	42.2M	23.9M	65.9M	69.2M
Property Plant Equipment	66.6M	58.5M	110.5M	106.0M	121.9M	128.0M
Retained Earnings Total Equity	37.6M	32.8M	12.0M	32.9M	37.8M	21.9M
Deferred Long Term Liab	27.0K	11.9K	6.0M	7.1M	8.2M	6.3M
Net Tangible Assets	74.1M	54.6M	75.5M	92.1M	105.9M	76.8M
Capital Surpluse	41.3M	42.5M	42.6M	40.1M	46.1M	45.9M
Non Current Liabilities Other	1.4M	1.6M	2.7M	20.7K	23.9K	22.7K
Net Invested Capital	74.1M	58.6M	96.8M	92.1M	120.6M	91.9M

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When determining whether Evolution Petroleum is a strong investment it is important to analyze Evolution Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evolution Petroleum's future performance. For an informed investment choice regarding Evolution Stock, refer to the following important reports:

How To Invest In Evolution

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Is Evolution Stock a good investment?

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What is Evolution Petroleum's Net Worth?

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Largest Oil & Gas Exploration & Production Companies

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Largest Oil & Gas E&P Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolution Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Is Oil & Gas Exploration & Production 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 Evolution Petroleum. If investors know Evolution 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 Evolution Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.5

Dividend Share

0.48

Earnings Share

0.14

Revenue Per Share

2.665

Quarterly Revenue Growth

0.063

The market value of Evolution Petroleum is measured differently than its book value, which is the value of Evolution that is recorded on the company's balance sheet. Investors also form their own opinion of Evolution Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Evolution Petroleum'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 Evolution Petroleum's market value can be influenced by many factors that don't directly affect Evolution Petroleum'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 Evolution Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolution Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolution Petroleum'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.

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Evolution Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Evolution Petroleum fundamental ratios Correlations

Evolution Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Evolution Petroleum fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.95	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.95	Non Current Assets Total

Common Stock Total Equity	- 0.95	Property Plant And Equipment Gross
Common Stock Total Equity	- 0.85	Non Current Assets Total
Common Stock Total Equity	- 0.84	Property Plant And Equipment Net
Common Stock Total Equity	- 0.78	Total Assets
Short Term Debt	- 0.76	Total Current Assets
Cash And Short Term Investments	- 0.76	Net Debt