Envista Cash And Short Term Investments vs Non Current Assets Total Analysis

NVST Stock

USD 15.46 0.08 0.51%

Envista Holdings financial indicator trend analysis is much more than just examining Envista Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Envista Holdings Corp is a good investment. Please check the relationship between Envista Holdings Cash And Short Term Investments and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Envista Holdings Corp Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Envista Holdings' Cash And Short Term Investments and Non Current Assets Total is -0.61. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Envista Holdings Corp, assuming nothing else is changed. The correlation between historical values of Envista Holdings' Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Envista Holdings Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Envista Holdings' Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Envista Holdings Corp balance sheet. This account contains Envista Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Envista Holdings Corp 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Envista Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Envista Holdings Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Envista Holdings' Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 1.2 B in 2025, whereas Discontinued Operations is likely to drop slightly above 5.6 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	1.5B	1.4B	1.4B	1.2B
Total Revenue	2.6B	2.6B	2.5B	2.1B

Gross Profit Total Revenue

Envista Holdings fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other	Net Working Capital
Common Stock Shares Outstanding		0.46	0.09	0.64	-0.48	-0.72	0.72	0.43	0.56	-0.6	-0.59	0.81	0.6	0.76	-0.76	-0.49	0.36	-0.46	0.52	-0.04	0.51	0.51	0.49	0.78	0.41	0.57
Total Assets	0.46		0.34	0.71	-0.31	-0.11	0.15	0.56	-0.14	-0.35	0.07	0.22	-0.09	0.47	-0.64	0.16	0.47	-0.19	0.69	0.03	0.61	0.95	0.24	0.49	0.6	0.14
Other Current Liab	0.09	0.34		0.71	-0.29	0.29	-0.45	0.39	-0.21	-0.11	0.14	0.13	-0.34	0.42	-0.55	0.12	0.34	0.05	0.6	-0.13	0.52	0.13	0.09	0.37	0.9	-0.29
Total Current Liabilities	0.64	0.71	0.71		-0.6	-0.26	0.19	0.71	0.16	-0.41	-0.2	0.54	0.01	0.75	-0.9	-0.14	0.6	-0.2	0.85	-0.05	0.82	0.58	0.42	0.74	0.88	0.09
Total Stockholder Equity	-0.48	-0.31	-0.29	-0.6		0.53	-0.53	-0.9	-0.67	0.82	0.75	-0.76	-0.35	-0.81	0.8	0.73	-0.9	0.64	-0.81	0.12	-0.88	-0.14	-0.85	-0.81	-0.29	-0.64
Other Liab	-0.72	-0.11	0.29	-0.26	0.53		-0.91	-0.5	-0.89	0.54	0.63	-0.87	-0.84	-0.68	0.41	0.52	-0.51	0.31	-0.38	0.01	-0.47	-0.23	-0.76	-0.71	0.05	-0.73
Net Tangible Assets	0.72	0.15	-0.45	0.19	-0.53	-0.91		0.41	0.84	-0.6	-0.74	0.76	0.68	0.55	-0.42	-0.64	0.4	-0.53	0.26	-0.04	0.36	0.27	0.68	0.58	-0.22	0.77
Property Plant And Equipment Net	0.43	0.56	0.39	0.71	-0.9	-0.5	0.41		0.49	-0.67	-0.44	0.67	0.28	0.82	-0.78	-0.38	0.98	-0.37	0.93	-0.13	0.98	0.41	0.83	0.82	0.46	0.5
Current Deferred Revenue	0.56	-0.14	-0.21	0.16	-0.67	-0.89	0.84	0.49		-0.68	-0.83	0.88	0.72	0.67	-0.42	-0.77	0.55	-0.54	0.34	-0.08	0.45	-0.1	0.86	0.68	-0.16	0.8
Accounts Payable	-0.6	-0.35	-0.11	-0.41	0.82	0.54	-0.6	-0.67	-0.68		0.84	-0.78	-0.45	-0.8	0.76	0.8	-0.72	0.89	-0.67	0.12	-0.68	-0.27	-0.81	-0.81	-0.14	-0.89
Non Current Assets Total	-0.59	0.07	0.14	-0.2	0.75	0.63	-0.74	-0.44	-0.83	0.84		-0.77	-0.58	-0.61	0.57	0.99	-0.48	0.84	-0.35	0.12	-0.42	0.12	-0.69	-0.62	0.13	-0.84
Non Currrent Assets Other	0.81	0.22	0.13	0.54	-0.76	-0.87	0.76	0.67	0.88	-0.78	-0.77		0.73	0.93	-0.74	-0.69	0.69	-0.54	0.66	-0.01	0.71	0.22	0.87	0.93	0.29	0.77
Other Assets	0.6	-0.09	-0.34	0.01	-0.35	-0.84	0.68	0.28	0.72	-0.45	-0.58	0.73		0.54	-0.22	-0.49	0.35	-0.21	0.22	0.01	0.25	0.02	0.53	0.56	-0.14	0.73
Cash And Short Term Investments	0.76	0.47	0.42	0.75	-0.81	-0.68	0.55	0.82	0.67	-0.8	-0.61	0.93	0.54		-0.88	-0.54	0.82	-0.5	0.88	-0.04	0.88	0.39	0.84	1.0	0.56	0.66
Net Receivables	-0.76	-0.64	-0.55	-0.9	0.8	0.41	-0.42	-0.78	-0.42	0.76	0.57	-0.74	-0.22	-0.88		0.52	-0.72	0.59	-0.88	0.07	-0.86	-0.5	-0.63	-0.88	-0.69	-0.48
Good Will	-0.49	0.16	0.12	-0.14	0.73	0.52	-0.64	-0.38	-0.77	0.8	0.99	-0.69	-0.49	-0.54	0.52		-0.44	0.85	-0.29	0.08	-0.37	0.23	-0.63	-0.54	0.16	-0.77
Non Current Liabilities Total	0.36	0.47	0.34	0.6	-0.9	-0.51	0.4	0.98	0.55	-0.72	-0.48	0.69	0.35	0.82	-0.72	-0.44		-0.42	0.91	-0.06	0.95	0.33	0.87	0.82	0.37	0.58
Inventory	-0.46	-0.19	0.05	-0.2	0.64	0.31	-0.53	-0.37	-0.54	0.89	0.84	-0.54	-0.21	-0.5	0.59	0.85	-0.42		-0.36	0.02	-0.38	-0.11	-0.56	-0.52	0.08	-0.77
Other Current Assets	0.52	0.69	0.6	0.85	-0.81	-0.38	0.26	0.93	0.34	-0.67	-0.35	0.66	0.22	0.88	-0.88	-0.29	0.91	-0.36		-0.01	0.98	0.54	0.71	0.88	0.7	0.42
Other Stockholder Equity	-0.04	0.03	-0.13	-0.05	0.12	0.01	-0.04	-0.13	-0.08	0.12	0.12	-0.01	0.01	-0.04	0.07	0.08	-0.06	0.02	-0.01		-0.06	0.07	-0.08	-0.04	-0.02	-0.03
Total Liab	0.51	0.61	0.52	0.82	-0.88	-0.47	0.36	0.98	0.45	-0.68	-0.42	0.71	0.25	0.88	-0.86	-0.37	0.95	-0.38	0.98	-0.06		0.46	0.79	0.88	0.61	0.46
Net Invested Capital	0.51	0.95	0.13	0.58	-0.14	-0.23	0.27	0.41	-0.1	-0.27	0.12	0.22	0.02	0.39	-0.5	0.23	0.33	-0.11	0.54	0.07	0.46		0.2	0.43	0.46	0.17
Property Plant And Equipment Gross	0.49	0.24	0.09	0.42	-0.85	-0.76	0.68	0.83	0.86	-0.81	-0.69	0.87	0.53	0.84	-0.63	-0.63	0.87	-0.56	0.71	-0.08	0.79	0.2		0.85	0.12	0.78
Total Current Assets	0.78	0.49	0.37	0.74	-0.81	-0.71	0.58	0.82	0.68	-0.81	-0.62	0.93	0.56	1.0	-0.88	-0.54	0.82	-0.52	0.88	-0.04	0.88	0.43	0.85		0.53	0.69
Non Current Liabilities Other	0.41	0.6	0.9	0.88	-0.29	0.05	-0.22	0.46	-0.16	-0.14	0.13	0.29	-0.14	0.56	-0.69	0.16	0.37	0.08	0.7	-0.02	0.61	0.46	0.12	0.53		-0.19
Net Working Capital	0.57	0.14	-0.29	0.09	-0.64	-0.73	0.77	0.5	0.8	-0.89	-0.84	0.77	0.73	0.66	-0.48	-0.77	0.58	-0.77	0.42	-0.03	0.46	0.17	0.78	0.69	-0.19

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Envista Holdings Account Relationship Matchups

Envista Holdings fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	136.4M	164.1M	177.6M	166.9M	172.2M	178.3M
Total Assets	6.9B	6.6B	6.6B	6.6B	5.4B	6.9B
Other Current Liab	515.5M	434.4M	323.4M	309.4M	348.8M	298.9M
Total Current Liabilities	1.7B	1.2B	1.2B	780.8M	878.7M	1.1B
Total Stockholder Equity	3.7B	4.1B	4.2B	4.2B	2.9B	3.2B
Other Liab	399.3M	408.8M	304.6M	151.3M	136.2M	267.8M
Net Tangible Assets	(1.1B)	(815.5M)	(120.8M)	3.2B	3.7B	3.9B
Property Plant And Equipment Net	468.3M	392.2M	425.4M	434.7M	419.8M	429.5M
Current Deferred Revenue	48.6M	60.1M	78.9M	106.4M	146.5M	83.0M
Retained Earnings	126.4M	466.9M	731.4M	631.2M	(487.4M)	(463.0M)
Accounts Payable	202.5M	185.8M	228.3M	179.5M	174.6M	161.9M
Cash	888.9M	1.1B	606.9M	940M	1.1B	658.6M
Non Current Assets Total	5.3B	4.7B	5.2B	4.9B	3.6B	3.9B
Non Currrent Assets Other	127.3M	167.8M	153.7M	180.5M	230.6M	150.3M
Other Assets	74.4M	70K	167.8M	153.7M	176.8M	101.7M
Long Term Debt	907.7M	883.4M	870.7M	1.4B	1.3B	915.6M
Cash And Short Term Investments	888.9M	1.1B	606.9M	940M	1.1B	658.6M
Net Receivables	301.7M	331.9M	393.5M	407.5M	363M	316.4M
Good Will	3.4B	3.1B	3.5B	3.3B	2.3B	2.6B
Long Term Debt Total	1.3B	907.7M	883.4M	870.7M	1.0B	730.2M
Liabilities And Stockholders Equity	6.9B	6.6B	6.6B	6.6B	5.4B	6.9B
Non Current Liabilities Total	1.5B	1.3B	1.1B	1.7B	1.5B	1.3B
Capital Surpluse	3.6B	3.7B	3.7B	3.7B	4.3B	2.7B
Capital Lease Obligations	186.3M	144.1M	148.4M	140.2M	153.4M	135.5M
Inventory	266.9M	263.8M	300.8M	258.8M	241M	216.4M
Other Current Assets	184M	166.5M	123.4M	137.4M	115.2M	133.2M
Other Stockholder Equity	3.7B	3.7B	3.7B	3.8B	3.8B	3.1B
Total Liab	3.2B	2.5B	2.4B	2.4B	2.4B	2.4B
Net Invested Capital	5.5B	5.4B	5.6B	5.7B	4.3B	5.7B
Property Plant And Equipment Gross	468.3M	392.2M	425.4M	775.7M	783.9M	526.4M
Short Long Term Debt	886.8M	432.4M	510M	115.3M	116M	110.2M
Total Current Assets	1.6B	1.8B	1.4B	1.7B	1.8B	1.5B
Accumulated Other Comprehensive Income	(91.8M)	(143.5M)	(225.1M)	(217.2M)	(371.1M)	(352.5M)
Non Current Liabilities Other	408.8M	304.6M	151.3M	7.8M	3.6M	3.4M
Net Working Capital	(94.2M)	628M	187.9M	962.9M	909.6M	955.1M
Short Term Debt	917.9M	479.8M	564M	145.6M	150.5M	143.0M
Intangible Assets	1.3B	1.0B	1.1B	954M	649.9M	918.8M
Property Plant Equipment	490.4M	303M	392.2M	293.6M	337.6M	361.5M

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