Epoxy Net Invested Capital vs Common Stock Shares Outstanding Analysis

603002 Stock   6.35  0.10  1.60%   
Epoxy Base financial indicator trend analysis is much more than just examining Epoxy Base Electronic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Epoxy Base Electronic is a good investment. Please check the relationship between Epoxy Base Net Invested Capital and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Epoxy Base Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Common Stock Shares Outstanding

Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Epoxy Base Electronic Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Epoxy Base's Net Invested Capital and Common Stock Shares Outstanding is 0.98. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Epoxy Base Electronic, assuming nothing else is changed. The correlation between historical values of Epoxy Base's Net Invested Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Epoxy Base Electronic are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., Epoxy Base's Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Epoxy Base's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Epoxy Base Electronic 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Epoxy Base Electronic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 41.2 M, whereas Tax Provision is forecasted to decline to about 8.3 M.
 2021 2022 2023 2024 (projected)
Operating Income445.0M142.9M71.4M111.3M
Total Revenue4.5B3.0B2.2B1.9B

Epoxy Base fundamental ratios Correlations

0.60.750.950.810.730.920.590.550.60.650.350.780.80.810.870.51-0.510.87-0.870.910.910.170.930.880.85
0.60.880.370.560.820.360.88-0.110.690.730.130.880.170.60.490.32-0.430.49-0.410.660.51-0.060.50.370.33
0.750.880.530.740.990.510.9-0.020.880.910.160.990.310.720.640.37-0.420.71-0.610.860.680.140.670.580.54
0.950.370.530.750.510.950.360.710.390.430.390.560.910.750.850.52-0.490.84-0.860.80.880.140.910.890.88
0.810.560.740.750.740.60.560.20.640.650.140.750.730.930.810.68-0.60.94-0.820.860.90.180.830.830.8
0.730.820.990.510.740.480.89-0.020.930.950.170.970.310.720.650.39-0.440.7-0.590.840.650.230.630.550.51
0.920.360.510.950.60.480.350.740.320.370.350.550.790.650.760.34-0.350.76-0.810.780.810.090.890.860.86
0.590.880.90.360.560.890.35-0.080.840.790.150.870.120.60.480.31-0.420.51-0.460.710.44-0.080.480.350.32
0.55-0.11-0.020.710.2-0.020.74-0.08-0.07-0.080.310.020.680.340.560.36-0.40.37-0.370.340.420.160.50.550.59
0.60.690.880.390.640.930.320.84-0.070.910.140.830.220.60.610.39-0.50.56-0.450.680.440.20.420.350.33
0.650.730.910.430.650.950.370.79-0.080.910.110.90.240.620.620.35-0.440.58-0.490.710.560.40.50.420.38
0.350.130.160.390.140.170.350.150.310.140.110.160.170.180.26-0.13-0.010.26-0.290.30.23-0.140.320.310.32
0.780.880.990.560.750.970.550.870.020.830.90.160.350.740.640.39-0.40.73-0.620.880.720.170.720.630.59
0.80.170.310.910.730.310.790.120.680.220.240.170.350.680.770.63-0.510.75-0.750.620.820.220.770.810.79
0.810.60.720.750.930.720.650.60.340.60.620.180.740.680.840.77-0.730.89-0.750.840.860.20.840.820.81
0.870.490.640.850.810.650.760.480.560.610.620.260.640.770.840.63-0.780.83-0.770.770.80.280.780.760.75
0.510.320.370.520.680.390.340.310.360.390.35-0.130.390.630.770.63-0.770.55-0.370.460.540.350.480.510.5
-0.51-0.43-0.42-0.49-0.6-0.44-0.35-0.42-0.4-0.5-0.44-0.01-0.4-0.51-0.73-0.78-0.77-0.480.35-0.4-0.44-0.31-0.38-0.36-0.35
0.870.490.710.840.940.70.760.510.370.560.580.260.730.750.890.830.55-0.48-0.90.940.940.10.940.950.93
-0.87-0.41-0.61-0.86-0.82-0.59-0.81-0.46-0.37-0.45-0.49-0.29-0.62-0.75-0.75-0.77-0.370.35-0.9-0.83-0.890.04-0.91-0.86-0.84
0.910.660.860.80.860.840.780.710.340.680.710.30.880.620.840.770.46-0.40.94-0.830.890.090.920.890.88
0.910.510.680.880.90.650.810.440.420.440.560.230.720.820.860.80.54-0.440.94-0.890.890.180.960.960.93
0.17-0.060.140.140.180.230.09-0.080.160.20.4-0.140.170.220.20.280.35-0.310.10.040.090.180.060.110.1
0.930.50.670.910.830.630.890.480.50.420.50.320.720.770.840.780.48-0.380.94-0.910.920.960.060.980.96
0.880.370.580.890.830.550.860.350.550.350.420.310.630.810.820.760.51-0.360.95-0.860.890.960.110.981.0
0.850.330.540.880.80.510.860.320.590.330.380.320.590.790.810.750.5-0.350.93-0.840.880.930.10.961.0
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Epoxy Base Account Relationship Matchups

Epoxy Base fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B3.4B4.6B3.6B4.7B5.0B
Other Current Liab13.9M304.3M640.2M160.7M98.1M128.0M
Total Current Liabilities897.8M1.5B2.5B1.1B1.1B892.4M
Total Stockholder Equity1.2B2.0B2.1B2.5B3.4B3.6B
Retained Earnings581.0M766.3M917.2M1.2B969.1M501.1M
Accounts Payable742.3M1.0B1.6B796.7M743.6M631.4M
Cash375.9M1.0B1.2B921.5M2.0B2.1B
Other Assets23.4M43.3M80.4M10.3M11.9M16.4M
Long Term Debt31M4.9M2.8M0.0137.6M144.5M
Net Receivables963.3M833.1M1.2B717.5M600.8M682.7M
Inventory129.6M174.0M247.2M145.9M113.0M126.3M
Other Current Assets125.1M110.9M138.4M27.8M209.6M220.1M
Total Liab696.1M1.5B2.5B1.1B1.3B897.2M
Intangible Assets26.6M29.9M37.4M118.9M115.3M121.1M
Property Plant Equipment684.8M789.2M764.5M816.0M938.4M985.3M
Other Liab5.8M3.9M4.8M6.1M7.0M3.6M
Net Tangible Assets1.6B1.9B2.0B2.3B2.7B1.7B
Other Stockholder Equity135.9K(699.7K)(156.5K)(701.5K)(631.4K)(599.8K)
Total Current Assets1.9B2.6B3.6B2.5B3.5B2.3B
Non Current Assets Total510.0M862.4M942.3M1.1B1.2B870.6M
Non Currrent Assets Other1.9M6.9M74.2M156.7M87.2M94.3M
Non Current Liabilities Total34.9M4.9M8.8M6.6M144.7M151.9M
Net Invested Capital1.3B2.0B2.2B2.6B3.8B2.2B
Net Working Capital685.0M1.1B1.1B1.4B2.4B1.2B
Short Long Term Debt80M71.2M102.7M120.2M216.2M116.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Epoxy Stock

Balance Sheet is a snapshot of the financial position of Epoxy Base Electronic at a specified time, usually calculated after every quarter, six months, or one year. Epoxy Base Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Epoxy Base and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Epoxy currently owns. An asset can also be divided into two categories, current and non-current.