Evolv Retained Earnings vs Long Term Debt Analysis

EVLV Stock

USD 2.54 0.03 1.17%

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

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Evolv Technologies' Retained Earnings and Long Term Debt is 0.51. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Evolv Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Evolv Technologies' Retained Earnings and Long Term 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 Retained Earnings of Evolv Technologies Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Evolv Technologies' Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Evolv Technologies has held for over one year. Long-term debt appears on Evolv Technologies Holdings 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 Evolv Technologies Holdings 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.

Most indicators from Evolv Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolv Technologies 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 Evolv Technologies Holdings. 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.

Selling General Administrative is likely to climb to about 89.2 M in 2024, whereas Tax Provision is likely to drop slightly above 28.1 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	6.7M	712K	654K	621.3K
Depreciation And Amortization	2.9M	6.3M	9.9M	10.4M

Interest Expense Depreciation And Amortization

Evolv Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.4	0.93	0.82	0.99	0.95	0.92	0.7	0.67	-0.88	-0.75	0.85	0.87	0.73	0.99	0.95	0.95	0.83	-0.14	-0.75	0.67	0.91	0.76	0.99	0.57	0.99
Short Long Term Debt Total	0.4		0.33	0.28	0.39	0.26	0.5	-0.01	-0.03	-0.44	-0.12	0.47	0.52	0.03	0.47	0.3	0.42	0.51	-0.45	0.04	0.52	0.49	0.21	0.36	0.27	0.43
Other Current Liab	0.93	0.33		0.96	0.87	0.95	0.92	0.85	0.83	-0.65	-0.9	0.95	0.65	0.87	0.96	0.95	0.78	0.9	-0.13	-0.52	0.78	0.97	0.88	0.97	0.82	0.87
Total Current Liabilities	0.82	0.28	0.96		0.74	0.88	0.79	0.86	0.85	-0.47	-0.92	0.97	0.48	0.88	0.88	0.87	0.62	0.94	0.07	-0.4	0.88	0.96	0.92	0.9	0.91	0.74
Total Stockholder Equity	0.99	0.39	0.87	0.74		0.91	0.89	0.61	0.58	-0.94	-0.66	0.78	0.93	0.65	0.95	0.91	0.99	0.76	-0.15	-0.81	0.59	0.85	0.67	0.96	0.45	1.0
Other Liab	0.95	0.26	0.95	0.88	0.91		0.9	0.88	0.86	-0.72	-0.9	0.88	0.7	0.9	0.96	1.0	0.86	0.84	-0.12	-0.71	0.7	0.92	0.89	0.96	0.7	0.91
Net Tangible Assets	0.92	0.5	0.92	0.79	0.89	0.9		0.7	0.67	-0.76	-0.75	0.82	0.76	0.73	0.94	0.92	0.85	0.75	-0.47	-0.49	0.59	0.88	0.71	0.92	0.66	0.89
Property Plant And Equipment Net	0.7	-0.01	0.85	0.86	0.61	0.88	0.7		1.0	-0.3	-0.99	0.81	0.28	1.0	0.75	0.87	0.51	0.75	-0.01	-0.45	0.68	0.81	0.96	0.77	0.85	0.6
Current Deferred Revenue	0.67	-0.03	0.83	0.85	0.58	0.86	0.67	1.0		-0.27	-0.99	0.8	0.24	1.0	0.73	0.85	0.48	0.74	0.01	-0.42	0.67	0.79	0.95	0.74	0.86	0.57
Net Debt	-0.88	-0.44	-0.65	-0.47	-0.94	-0.72	-0.76	-0.3	-0.27		0.35	-0.54	-1.0	-0.35	-0.81	-0.72	-0.97	-0.55	0.21	0.81	-0.36	-0.64	-0.38	-0.81	-0.13	-0.94
Retained Earnings	-0.75	-0.12	-0.9	-0.92	-0.66	-0.9	-0.75	-0.99	-0.99	0.35		-0.89	-0.34	-0.99	-0.81	-0.9	-0.55	-0.83	0.03	0.43	-0.77	-0.88	-0.98	-0.82	-0.9	-0.66
Accounts Payable	0.85	0.47	0.95	0.97	0.78	0.88	0.82	0.81	0.8	-0.54	-0.89		0.56	0.83	0.92	0.88	0.68	0.99	0.01	-0.42	0.94	0.99	0.92	0.9	0.88	0.78
Cash	0.87	0.52	0.65	0.48	0.93	0.7	0.76	0.28	0.24	-1.0	-0.34	0.56		0.32	0.81	0.7	0.96	0.57	-0.23	-0.76	0.39	0.65	0.37	0.8	0.14	0.93
Non Current Assets Total	0.73	0.03	0.87	0.88	0.65	0.9	0.73	1.0	1.0	-0.35	-0.99	0.83	0.32		0.78	0.9	0.55	0.77	-0.02	-0.47	0.69	0.83	0.96	0.79	0.85	0.64
Non Currrent Assets Other	0.99	0.47	0.96	0.88	0.95	0.96	0.94	0.75	0.73	-0.81	-0.81	0.92	0.81	0.78		0.96	0.9	0.89	-0.18	-0.64	0.76	0.96	0.82	0.99	0.69	0.96
Other Assets	0.95	0.3	0.95	0.87	0.91	1.0	0.92	0.87	0.85	-0.72	-0.9	0.88	0.7	0.9	0.96		0.86	0.83	-0.2	-0.67	0.69	0.92	0.88	0.96	0.71	0.91
Cash And Short Term Investments	0.95	0.42	0.78	0.62	0.99	0.86	0.85	0.51	0.48	-0.97	-0.55	0.68	0.96	0.55	0.9	0.86		0.67	-0.22	-0.83	0.49	0.77	0.57	0.9	0.31	0.99
Net Receivables	0.83	0.51	0.9	0.94	0.76	0.84	0.75	0.75	0.74	-0.55	-0.83	0.99	0.57	0.77	0.89	0.83	0.67		0.1	-0.44	0.97	0.97	0.89	0.87	0.83	0.77
Common Stock Shares Outstanding	-0.14	-0.45	-0.13	0.07	-0.15	-0.12	-0.47	-0.01	0.01	0.21	0.03	0.01	-0.23	-0.02	-0.18	-0.2	-0.22	0.1		-0.18	0.2	-0.07	0.07	-0.1	-0.04	-0.17
Non Current Liabilities Total	-0.75	0.04	-0.52	-0.4	-0.81	-0.71	-0.49	-0.45	-0.42	0.81	0.43	-0.42	-0.76	-0.47	-0.64	-0.67	-0.83	-0.44	-0.18		-0.27	-0.49	-0.46	-0.69	-0.05	-0.79
Capital Lease Obligations	0.67	0.52	0.78	0.88	0.59	0.7	0.59	0.68	0.67	-0.36	-0.77	0.94	0.39	0.69	0.76	0.69	0.49	0.97	0.2	-0.27		0.89	0.85	0.73	0.83	0.61
Inventory	0.91	0.49	0.97	0.96	0.85	0.92	0.88	0.81	0.79	-0.64	-0.88	0.99	0.65	0.83	0.96	0.92	0.77	0.97	-0.07	-0.49	0.89		0.9	0.95	0.83	0.86
Other Current Assets	0.76	0.21	0.88	0.92	0.67	0.89	0.71	0.96	0.95	-0.38	-0.98	0.92	0.37	0.96	0.82	0.88	0.57	0.89	0.07	-0.46	0.85	0.9		0.82	0.89	0.67
Other Stockholder Equity	0.99	0.36	0.97	0.9	0.96	0.96	0.92	0.77	0.74	-0.81	-0.82	0.9	0.8	0.79	0.99	0.96	0.9	0.87	-0.1	-0.69	0.73	0.95	0.82		0.67	0.96
Total Liab	0.57	0.27	0.82	0.91	0.45	0.7	0.66	0.85	0.86	-0.13	-0.9	0.88	0.14	0.85	0.69	0.71	0.31	0.83	-0.04	-0.05	0.83	0.83	0.89	0.67		0.45
Net Invested Capital	0.99	0.43	0.87	0.74	1.0	0.91	0.89	0.6	0.57	-0.94	-0.66	0.78	0.93	0.64	0.96	0.91	0.99	0.77	-0.17	-0.79	0.61	0.86	0.67	0.96	0.45

Click cells to compare fundamentals

Evolv Technologies Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Evolv Stock Analysis

When running Evolv Technologies' price analysis, check to measure Evolv Technologies' 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 Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Evolv Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

Evolv Technologies fundamental ratios Correlations

Evolv Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Evolv Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Other Liab
Current Deferred Revenue	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Current Deferred Revenue
Total Stockholder Equity	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Current Deferred Revenue
Retained Earnings	- 0.99	Property Plant And Equipment Net
Other Current Assets	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt