EnVVeno Historical Income Statement

NVNO Stock  USD 4.76  0.01  0.21%   
Historical analysis of EnVVeno Medical income statement accounts such as Total Operating Expenses of 12.5 M can show how well enVVeno Medical Corp performed in making a profits. Evaluating EnVVeno Medical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EnVVeno Medical's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining enVVeno Medical Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether enVVeno Medical Corp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About EnVVeno Income Statement Analysis

enVVeno Medical Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EnVVeno Medical shareholders. The income statement also shows EnVVeno investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EnVVeno Medical Income Statement Chart

At this time, EnVVeno Medical's Total Other Income Expense Net is very stable compared to the past year. As of the 4th of June 2024, Net Interest Income is likely to grow to about 180.6 K, while Depreciation And Amortization is likely to drop about 350.3 K.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of enVVeno Medical Corp. It is also known as EnVVeno Medical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from EnVVeno Medical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into enVVeno Medical Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 enVVeno Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, EnVVeno Medical's Total Other Income Expense Net is very stable compared to the past year. As of the 4th of June 2024, Net Interest Income is likely to grow to about 180.6 K, while Depreciation And Amortization is likely to drop about 350.3 K.
 2021 2022 2023 2024 (projected)
Interest Expense18.7K263K236.7K224.9K
Depreciation And Amortization140.2K423K546K350.3K

EnVVeno Medical income statement Correlations

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-0.420.0-0.951.01.0-0.950.99-0.680.980.290.870.5-0.51-0.890.96-0.95-0.9-0.750.64
-0.420.02-0.951.01.0-0.950.99-0.670.980.290.870.5-0.51-0.890.96-0.95-0.89-0.750.64
-0.40.01-0.951.01.0-0.950.99-0.670.980.290.870.5-0.5-0.890.96-0.95-0.88-0.750.64
0.420.011.0-0.95-0.95-0.95-0.950.55-0.94-0.27-0.83-0.460.470.92-0.910.850.910.73-0.39
-0.39-0.15-0.950.990.990.99-0.95-0.71.00.220.790.6-0.37-0.880.95-0.91-0.85-0.720.59
0.240.420.54-0.68-0.67-0.670.55-0.7-0.730.29-0.44-0.61-0.020.49-0.730.730.470.56-0.76
-0.4-0.15-0.940.980.980.98-0.941.0-0.730.160.790.61-0.37-0.880.96-0.91-0.85-0.730.6
0.020.56-0.290.290.290.29-0.270.220.290.160.46-0.35-0.54-0.250.21-0.3-0.27-0.210.21
-0.210.37-0.820.870.870.87-0.830.79-0.440.790.460.17-0.75-0.80.83-0.89-0.87-0.590.57
-0.31-0.65-0.450.50.50.5-0.460.6-0.610.61-0.350.170.19-0.250.4-0.35-0.41-0.090.25
0.46-0.820.47-0.51-0.51-0.50.47-0.37-0.02-0.37-0.54-0.750.190.42-0.380.560.710.33-0.34
0.24-0.030.92-0.89-0.89-0.890.92-0.880.49-0.88-0.25-0.8-0.250.42-0.930.80.790.76-0.38
-0.3-0.08-0.910.960.960.96-0.910.95-0.730.960.210.830.4-0.38-0.93-0.94-0.8-0.820.65
0.39-0.110.85-0.95-0.95-0.950.85-0.910.73-0.91-0.3-0.89-0.350.560.8-0.940.850.78-0.8
0.61-0.20.9-0.9-0.89-0.880.91-0.850.47-0.85-0.27-0.87-0.410.710.79-0.80.850.59-0.44
0.41-0.050.74-0.75-0.75-0.750.73-0.720.56-0.73-0.21-0.59-0.090.330.76-0.820.780.59-0.55
-0.240.07-0.40.640.640.64-0.390.59-0.760.60.210.570.25-0.34-0.380.65-0.8-0.44-0.55
Click cells to compare fundamentals

EnVVeno Medical Account Relationship Matchups

EnVVeno Medical income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.0M172.2K140.2K423K546K350.3K
Interest Expense49.9K3.7K18.7K263K236.7K224.9K
Other Operating Expenses7.1M9.1M16.9M24.9M25.2M12.7M
Operating Income(7.7M)(9.1M)(16.9M)(24.9M)(25.2M)(24.0M)
Ebit(7.7M)(9.1M)(16.9M)(24.9M)(25.2M)(24.0M)
Ebitda(6.6M)(9.0M)(16.8M)(24.5M)(24.7M)(23.5M)
Total Operating Expenses7.1M9.1M16.9M24.9M24.7M12.5M
Income Before Tax(7.6M)(9.1M)(16.5M)(24.7M)(23.5M)(22.3M)
Total Other Income Expense Net49.9K(360.0)364.7K263K1.7M1.8M
Net Income(7.6M)(8.9M)(16.2M)(24.3M)(23.5M)(22.3M)
Income Tax Expense588.8K(215.5K)(331.4K)(365K)(419.8K)(398.8K)
Gross Profit31.2K(384.0K)(452.9K)(525K)(546K)(518.7K)
Net Interest Income49.9K3.7K18.7K161K172K180.6K
Selling General Administrative4.9M4.9M11.2M15.0M12.0M9.4M
Net Income From Continuing Ops(7.6M)(9.1M)(16.5M)(24.7M)(24.0M)(22.8M)
Research Development2.2M4.3M5.7M9.9M13.6M14.3M
Reconciled Depreciation396.7K384.0K452.9K525K542K404.4K
Net Income Applicable To Common Shares(7.6M)(9.7M)(16.5M)(24.7M)(22.2M)(21.1M)

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Additional Information and Resources on Investing in EnVVeno Stock

When determining whether enVVeno Medical Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnVVeno Medical'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 Envveno Medical Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envveno Medical Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Health Care Equipment & Supplies 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 EnVVeno Medical. If investors know EnVVeno 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 EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.67)
Return On Assets
(0.37)
Return On Equity
(0.58)
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical'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 EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical'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 EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical'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.