Evertec Accounts Payable vs Total Assets Analysis
EVTC Stock | USD 34.16 1.74 5.37% |
Evertec financial indicator trend analysis is much more than just examining Evertec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evertec is a good investment. Please check the relationship between Evertec Accounts Payable and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evertec Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Evertec's Accounts Payable and Total Assets is 0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Evertec, assuming nothing else is changed. The correlation between historical values of Evertec's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Evertec are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Evertec's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Evertec obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Evertec are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Assets
Total assets refers to the total amount of Evertec assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Evertec books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Evertec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evertec 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 Evertec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.At present, Evertec's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 14.63, whereas Selling General Administrative is forecasted to decline to about 62.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 22.8M | 24.8M | 40.6M | 25.9M | Depreciation And Amortization | 80.9M | 84.7M | 99.9M | 80.2M |
Evertec fundamental ratios Correlations
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Evertec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Evertec fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.1B | 1.1B | 1.1B | 2.1B | 1.2B | |
Short Long Term Debt Total | 555.6M | 523.5M | 486.6M | 447.0M | 986.4M | 503.3M | |
Other Current Liab | 64.5M | 64.6M | 81.7M | 99.7M | 180.2M | 189.2M | |
Total Current Liabilities | 144.3M | 153.0M | 152.9M | 208.4M | 298.3M | 158.7M | |
Total Stockholder Equity | 267.2M | 337.7M | 466.2M | 471.5M | 594.3M | 624.0M | |
Other Liab | 45.6M | 73.7M | 47.0M | 48.3M | 55.5M | 37.4M | |
Property Plant And Equipment Net | 73.8M | 71.1M | 69.8M | 72.3M | 77.2M | 54.8M | |
Current Deferred Revenue | 20.7M | 25.0M | 17.4M | 15.2M | 21.1M | 13.0M | |
Net Debt | 444.6M | 320.9M | 220.2M | 249.7M | 667.7M | 415.1M | |
Retained Earnings | 296.5M | 379.9M | 506.1M | 487.3M | 538.9M | 565.8M | |
Accounts Payable | 39.2M | 43.3M | 28.5M | 46.8M | 66.5M | 39.6M | |
Cash | 111.0M | 202.6M | 266.4M | 197.2M | 318.7M | 334.6M | |
Non Current Assets Total | 735.7M | 713.5M | 708.4M | 742.6M | 1.5B | 898.3M | |
Non Currrent Assets Other | 5.3M | 6.0M | 9.9M | 24.0M | 34.8M | 36.5M | |
Other Assets | 4.3M | 52.4M | 16.9M | 15.5M | 17.8M | 16.6M | |
Long Term Debt | 510.9M | 481.0M | 458.2M | 389.5M | 946.8M | 994.2M | |
Cash And Short Term Investments | 111.0M | 202.6M | 266.4M | 197.2M | 318.7M | 334.6M | |
Net Receivables | 106.8M | 95.7M | 113.3M | 131.1M | 137.6M | 102.8M | |
Good Will | 399.5M | 397.7M | 393.3M | 423.4M | 791.7M | 458.9M | |
Common Stock Total Equity | 720K | 721K | 719K | 648K | 583.2K | 583.1K | |
Common Stock Shares Outstanding | 73.5M | 73.1M | 72.9M | 69.3M | 65.8M | 59.4M | |
Liabilities And Stockholders Equity | 1.0B | 1.1B | 1.1B | 1.1B | 2.1B | 1.2B | |
Non Current Liabilities Total | 595.7M | 577.2M | 521.6M | 448.6M | 1.1B | 717.3M | |
Inventory | 39.2M | 43.7M | 38.0M | 18.4M | 21.2M | 27.1M | |
Other Current Assets | 19.0M | 17.0M | 18.8M | 42.4M | 97.3M | 102.2M | |
Other Stockholder Equity | 296.5M | 5.3M | 7.6M | 487.3M | 36.5M | 34.7M | |
Total Liab | 740.1M | 730.2M | 674.5M | 657.0M | 1.4B | 876.1M | |
Property Plant And Equipment Gross | 73.8M | 71.1M | 69.8M | 72.3M | 221.4M | 232.4M | |
Total Current Assets | 276.0M | 359.0M | 436.4M | 389.1M | 553.6M | 581.3M | |
Accumulated Other Comprehensive Income | (30.0M) | (48.3M) | (48.1M) | (16.5M) | 18.2M | 19.1M | |
Short Term Debt | 20.0M | 20.1M | 25.3M | 46.7M | 30.6M | 27.8M | |
Intangible Assets | 241.9M | 219.9M | 213.3M | 200.3M | 518.1M | 544.0M | |
Common Stock | 720K | 721K | 719K | 648K | 654K | 578.5K | |
Property Plant Equipment | 43.8M | 43.5M | 48.5M | 56.4M | 64.8M | 43.7M | |
Noncontrolling Interest In Consolidated Entity | 4.4M | 4.7M | 4.1M | 3.2M | 3.7M | 3.1M | |
Retained Earnings Total Equity | 296.5M | 379.9M | 506.1M | 487.3M | 560.5M | 588.5M | |
Deferred Long Term Liab | 4.3M | 2.7M | 2.4M | 10.1M | 9.1M | 11.2M | |
Net Tangible Assets | (374.2M) | (279.8M) | (140.4M) | (152.2M) | (175.0M) | (183.8M) | |
Long Term Investments | 12.3M | 12.8M | 12.1M | 22.1M | 32.7M | 16.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Evertec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evertec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evertec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evertec Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Transaction & Payment Processing Services 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 Evertec. If investors know Evertec 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 Evertec 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 0.14 | Dividend Share 0.2 | Earnings Share 1.05 | Revenue Per Share 12.111 | Quarterly Revenue Growth 0.269 |
The market value of Evertec is measured differently than its book value, which is the value of Evertec that is recorded on the company's balance sheet. Investors also form their own opinion of Evertec's value that differs from its market value or its book value, called intrinsic value, which is Evertec'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 Evertec's market value can be influenced by many factors that don't directly affect Evertec'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 Evertec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evertec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evertec'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.