Evolution Short Long Term Debt Total vs Total Current Liabilities Analysis
EPM Stock | USD 6.10 0.01 0.16% |
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 Short Long Term Debt Total and its Total Current Liabilities 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.
Short Long Term Debt Total vs Total Current Liabilities
Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolution Petroleum Short Long Term Debt Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Evolution Petroleum's Short Long Term Debt Total and Total Current Liabilities is 0.68. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities 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 Short Long Term Debt Total and Total Current Liabilities 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 Long Term Debt Total of Evolution Petroleum are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., Evolution Petroleum's Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Total Current Liabilities
Total Current Liabilities is an item on Evolution Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Evolution Petroleum are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. 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.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 24th 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 |
Evolution Petroleum fundamental ratios Correlations
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Evolution Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.