Eve Other Liab vs Cash And Short Term Investments Analysis

EVEX Stock  USD 3.25  0.03  0.91%   
Eve Holding financial indicator trend analysis is much more than just examining Eve Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eve Holding is a good investment. Please check the relationship between Eve Holding Other Liab and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eve Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.

Other Liab vs Cash And Short Term Investments

Other Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eve Holding Other Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eve Holding's Other Liab and Cash And Short Term Investments is 0.81. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Eve Holding, assuming nothing else is changed. The correlation between historical values of Eve Holding's Other Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Eve Holding are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Liab i.e., Eve Holding's Other Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Eve Holding balance sheet. This account contains Eve Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Eve Holding fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Eve Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eve Holding 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 Eve Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.At this time, Eve Holding's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 28.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (16.59) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation107.9K24.9K166.6K174.9K
Total Operating Expenses15.8M78.5M141.9M149.0M

Eve Holding fundamental ratios Correlations

1.00.730.840.970.990.970.120.070.940.930.990.790.84-0.130.830.790.17-0.990.590.80.950.790.020.090.79
1.00.720.840.970.990.970.110.060.940.930.990.780.84-0.120.820.790.17-0.990.590.80.950.790.030.090.79
0.730.720.760.870.690.570.080.090.460.880.650.990.76-0.130.990.77-0.53-0.780.930.990.480.990.060.630.99
0.840.840.760.870.860.85-0.390.020.720.870.820.791.0-0.140.820.99-0.16-0.840.770.810.740.80.520.520.8
0.970.970.870.870.950.890.110.080.830.970.940.90.87-0.140.930.84-0.07-0.980.760.920.850.910.040.290.91
0.990.990.690.860.950.980.04-0.020.950.890.990.750.86-0.040.790.810.2-0.980.570.770.960.760.10.090.76
0.970.970.570.850.890.98-0.030.040.980.850.990.650.85-0.120.70.790.32-0.940.460.660.980.650.160.00.65
0.120.110.08-0.390.110.04-0.030.110.110.070.110.09-0.390.010.09-0.440.21-0.16-0.130.080.090.09-0.99-0.520.09
0.070.060.090.020.08-0.020.040.110.060.280.060.110.01-0.980.10.010.0-0.080.030.090.060.09-0.09-0.020.09
0.940.940.460.720.830.950.980.110.060.780.970.550.72-0.110.60.650.48-0.910.30.561.00.550.01-0.190.55
0.930.930.880.870.970.890.850.070.280.780.890.90.87-0.340.930.84-0.14-0.950.790.920.790.920.080.350.92
0.990.990.650.820.940.990.990.110.060.970.890.720.82-0.120.760.760.27-0.980.510.730.980.720.030.00.72
0.790.780.990.790.90.750.650.090.110.550.90.720.79-0.131.00.8-0.42-0.840.881.00.570.990.050.550.99
0.840.840.761.00.870.860.85-0.390.010.720.870.820.79-0.130.821.0-0.17-0.840.770.810.740.80.520.520.8
-0.13-0.12-0.13-0.14-0.14-0.04-0.120.01-0.98-0.11-0.34-0.12-0.13-0.13-0.13-0.130.030.13-0.12-0.13-0.11-0.13-0.03-0.07-0.13
0.830.820.990.820.930.790.70.090.10.60.930.761.00.82-0.130.82-0.38-0.870.881.00.621.00.050.531.0
0.790.790.770.990.840.810.79-0.440.010.650.840.760.81.0-0.130.82-0.25-0.790.80.810.670.810.570.60.81
0.170.17-0.53-0.16-0.070.20.320.210.00.48-0.140.27-0.42-0.170.03-0.38-0.25-0.09-0.68-0.430.46-0.44-0.23-0.9-0.44
-0.99-0.99-0.78-0.84-0.98-0.98-0.94-0.16-0.08-0.91-0.95-0.98-0.84-0.840.13-0.87-0.79-0.09-0.64-0.85-0.92-0.840.01-0.14-0.84
0.590.590.930.770.760.570.46-0.130.030.30.790.510.880.77-0.120.880.8-0.68-0.640.910.330.910.260.810.92
0.80.80.990.810.920.770.660.080.090.560.920.731.00.81-0.131.00.81-0.43-0.850.910.581.00.060.561.0
0.950.950.480.740.850.960.980.090.061.00.790.980.570.74-0.110.620.670.46-0.920.330.580.570.03-0.170.57
0.790.790.990.80.910.760.650.090.090.550.920.720.990.8-0.131.00.81-0.44-0.840.911.00.570.060.571.0
0.020.030.060.520.040.10.16-0.99-0.090.010.080.030.050.52-0.030.050.57-0.230.010.260.060.030.060.580.06
0.090.090.630.520.290.090.0-0.52-0.02-0.190.350.00.550.52-0.070.530.6-0.9-0.140.810.56-0.170.570.580.57
0.790.790.990.80.910.760.650.090.090.550.920.720.990.8-0.131.00.81-0.44-0.840.921.00.571.00.060.57
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Eve Holding Account Relationship Matchups

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When running Eve Holding's price analysis, check to measure Eve Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eve Holding is operating at the current time. Most of Eve Holding's value examination focuses on studying past and present price action to predict the probability of Eve Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eve Holding's price. Additionally, you may evaluate how the addition of Eve Holding to your portfolios can decrease your overall portfolio volatility.