Everi Operating Income vs Net Income Analysis
EVRI Stock | USD 8.38 0.03 0.36% |
Everi Holdings financial indicator trend analysis is much more than just examining Everi Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everi Holdings is a good investment. Please check the relationship between Everi Holdings Operating Income and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everi Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Everi Stock please use our How to Invest in Everi Holdings guide.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everi Holdings Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Everi Holdings' Operating Income and Net Income is 0.91. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Everi Holdings, assuming nothing else is changed. The correlation between historical values of Everi Holdings' Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Everi Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Everi Holdings' Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Everi Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Everi Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Everi Holdings financial statement analysis. It represents the amount of money remaining after all of Everi Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Everi Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everi Holdings 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 Everi Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Everi Stock please use our How to Invest in Everi Holdings guide.As of now, Everi Holdings' Enterprise Value Multiple is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 544.9M | 617.2M | 507.8M | 276.1M | Total Revenue | 660.4M | 782.5M | 817.2M | 649.6M |
Everi Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Everi Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Everi Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.5B | 1.6B | 1.9B | 2.1B | 1.1B | |
Total Stockholder Equity | 54.0M | (7.9M) | 174.5M | 217.6M | 226.1M | 237.4M | |
Net Debt | 824.0M | 883.2M | 679.5M | 684.6M | 736.1M | 498.2M | |
Cash | 289.9M | 251.7M | 302.0M | 293.4M | 272.4M | 143.8M | |
Other Assets | 24.7M | 20.5M | 53.1M | 40.1M | 36.1M | 34.3M | |
Cash And Short Term Investments | 289.9M | 251.7M | 302.0M | 293.4M | 272.4M | 143.8M | |
Common Stock Shares Outstanding | 79.2M | 85.4M | 100.0M | 97.5M | 92.0M | 83.0M | |
Liabilities And Stockholders Equity | 1.6B | 1.5B | 1.6B | 1.9B | 2.1B | 1.1B | |
Other Stockholder Equity | 267.6M | 287.8M | 317.6M | 243.0M | 166.8M | 159.6M | |
Total Liab | 1.6B | 1.5B | 1.5B | 1.7B | 1.9B | 957.1M | |
Total Current Assets | 502.5M | 431.6M | 552.6M | 773.2M | 931.5M | 978.1M | |
Other Current Liab | 278.7M | 231.1M | 404.1M | 417.0M | 126.8M | 212.8M | |
Total Current Liabilities | 407.2M | 319.5M | 471.8M | 691.3M | 884.5M | 928.7M | |
Other Liab | 50.3M | 21.5M | 2.0M | 22.5M | 20.3M | 19.3M | |
Property Plant And Equipment Net | 141.1M | 128.4M | 120.0M | 133.6M | 180.2M | 189.2M | |
Accounts Payable | 93.5M | 54.5M | 25.5M | 217.4M | 693.2M | 727.9M | |
Non Current Assets Total | 1.1B | 1.0B | 1.1B | 1.1B | 1.2B | 810.6M | |
Non Currrent Assets Other | (71.9M) | (67.0M) | 19.7M | 27.8M | 10.5M | 11.0M | |
Net Receivables | 158.2M | 134.8M | 194.1M | 382.6M | 549.8M | 577.3M | |
Good Will | 681.6M | 682.0M | 682.7M | 715.9M | 737.8M | 468.1M | |
Property Plant And Equipment Gross | 141.1M | 128.4M | 375.6M | 432.4M | 491.4M | 515.9M | |
Accumulated Other Comprehensive Income | (819K) | (1.2M) | (1.5M) | (4.2M) | (3.5M) | (3.3M) | |
Intangible Assets | 279.2M | 214.6M | 214.6M | 238.3M | 234.1M | 184.8M | |
Property Plant Equipment | 128.9M | 112.3M | 132.7M | 133.6M | 153.7M | 161.4M | |
Short Long Term Debt Total | 1.1B | 1.1B | 981.5M | 978.0M | 1.0B | 777.2M | |
Retained Earnings | (212.9M) | (294.6M) | (141.8M) | (21.3M) | 62.7M | 65.9M | |
Long Term Debt | 1.1B | 1.1B | 975.5M | 972.0M | 968.5M | 727.3M | |
Common Stock Total Equity | 109K | 112K | 117K | 119K | 136.9K | 102.8K | |
Non Current Liabilities Total | 1.2B | 1.2B | 989.4M | 1.0B | 1.0B | 753.6M | |
Other Current Assets | 1.5M | 1.4M | 3.6M | 38.8M | 38.7M | 40.7M | |
Common Stock | 109K | 112K | 117K | 119K | 123K | 104.4K | |
Short Term Investments | 8.5M | 4.1M | 7.7M | 13.7M | 10.5M | 5.7M | |
Current Deferred Revenue | 29.2M | 27.0M | 36.2M | 50.9M | 51.4M | 54.0M | |
Inventory | 26.6M | 27.7M | 29.2M | 58.4M | 70.6M | 74.2M | |
Net Tangible Assets | (906.8M) | (904.5M) | (722.8M) | (736.5M) | (662.9M) | (696.0M) | |
Retained Earnings Total Equity | (212.9M) | (294.6M) | (141.8M) | (21.3M) | (19.1M) | (20.1M) | |
Long Term Debt Total | 1.1B | 1.1B | 975.5M | 972.0M | 1.1B | 1.0B | |
Capital Surpluse | 445.2M | 466.6M | 505.8M | 527.5M | 606.6M | 373.1M |
Pair Trading with Everi Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Everi Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Everi Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Everi Stock
0.64 | WH | Wyndham Hotels Resorts | PairCorr |
Moving against Everi Stock
0.83 | BH | Biglari Holdings Earnings Call This Week | PairCorr |
0.81 | SG | Sweetgreen Buyout Trend | PairCorr |
0.72 | CMG | Chipotle Mexican Grill | PairCorr |
0.71 | XPOF | Xponential Fitness Financial Report 2nd of May 2024 | PairCorr |
0.62 | WING | Wingstop Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Everi Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Everi Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Everi Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Everi Holdings to buy it.
The correlation of Everi Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Everi Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Everi Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Everi Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everi Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Everi Stock please use our How to Invest in Everi Holdings guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Everi Stock analysis
When running Everi Holdings' price analysis, check to measure Everi Holdings' 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 Everi Holdings is operating at the current time. Most of Everi Holdings' value examination focuses on studying past and present price action to predict the probability of Everi Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everi Holdings' price. Additionally, you may evaluate how the addition of Everi Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Everi Holdings' industry 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 Everi Holdings. If investors know Everi 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 Everi Holdings 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 (0.93) | Earnings Share 0.91 | Revenue Per Share 9.267 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0591 |
The market value of Everi Holdings is measured differently than its book value, which is the value of Everi that is recorded on the company's balance sheet. Investors also form their own opinion of Everi Holdings' value that differs from its market value or its book value, called intrinsic value, which is Everi Holdings' 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 Everi Holdings' market value can be influenced by many factors that don't directly affect Everi Holdings' 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 Everi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everi Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everi Holdings' 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.