EverCommerce Total Current Assets vs Net Debt Analysis
| EVCM Stock | USD 10.87 0.16 1.49% |
EverCommerce financial indicator trend analysis is much more than just examining EverCommerce latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EverCommerce is a good investment. Please check the relationship between EverCommerce Total Current Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverCommerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EverCommerce Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EverCommerce's Total Current Assets and Net Debt is 0.53. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of EverCommerce, assuming nothing else is changed. The correlation between historical values of EverCommerce's Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of EverCommerce are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., EverCommerce's Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from EverCommerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EverCommerce 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 EverCommerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.EverCommerce reported last year Issuance Of Capital Stock of (176,000). As of the 5th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.29, while Tax Provision is likely to drop (283.5 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 36.1M | 33.9M | 46.4M | 43.6M | Depreciation And Amortization | 101.4M | 110.8M | 104.2M | 98.2M |
EverCommerce fundamental ratios Correlations
Click cells to compare fundamentals
EverCommerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Application Software 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 EverCommerce. If investors know EverCommerce 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 EverCommerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.24) | Revenue Per Share 3.693 | Quarterly Revenue Growth 0.043 | Return On Assets 0.0104 | Return On Equity (0.05) |
The market value of EverCommerce is measured differently than its book value, which is the value of EverCommerce that is recorded on the company's balance sheet. Investors also form their own opinion of EverCommerce's value that differs from its market value or its book value, called intrinsic value, which is EverCommerce'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 EverCommerce's market value can be influenced by many factors that don't directly affect EverCommerce'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 EverCommerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverCommerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverCommerce'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.