Eastinco Depreciation vs Free Cash Flow Analysis

ATN Stock

51.00 1.00 2.00%

Eastinco Mining financial indicator trend analysis is much more than just examining Eastinco Mining Expl latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastinco Mining Expl is a good investment. Please check the relationship between Eastinco Mining Depreciation and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eastinco Mining Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastinco Mining Expl Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Eastinco Mining's Depreciation and Free Cash Flow is -0.5. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Eastinco Mining Exploration, assuming nothing else is changed. The correlation between historical values of Eastinco Mining's Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Eastinco Mining Exploration are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Eastinco Mining's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

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Depreciation

Depreciation indicates how much of Eastinco Mining Expl value has been used up. For tax purposes Eastinco Mining can deduct the cost of the tangible assets it purchases as business expenses. However, Eastinco Mining Exploration must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Eastinco Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastinco Mining Expl 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 Eastinco Mining Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 1.5 M

	2021	2022	2023	2024 (projected)
Interest Expense	203K	7K	8.1K	7.6K
Cost Of Revenue	2K	22K	16K	15.2K

Interest Expense Cost Of Revenue

Eastinco Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Good Will	Inventory	Property Plant And Equipment Net	Non Current Liabilities Total	Intangible Assets
Total Assets		0.74	0.41	0.99	0.18	-0.87	0.09	0.65	0.65	0.9	0.71	0.69	0.49	0.82	0.92	0.83	0.6	0.89	0.24	0.87	-0.83	0.82	0.53	0.74	-0.73	0.63
Other Current Liab	0.74		0.87	0.65	0.48	-0.92	0.59	0.31	0.31	0.57	0.6	0.67	0.8	0.63	0.9	0.76	0.5	0.63	0.23	0.59	-0.52	0.52	0.71	0.85	-0.86	0.81
Total Current Liabilities	0.41	0.87		0.28	0.72	-0.74	0.85	0.03	0.03	0.26	0.39	0.52	0.89	0.36	0.63	0.53	0.49	0.33	0.29	0.28	-0.22	0.22	0.6	0.62	-0.62	0.62
Total Stockholder Equity	0.99	0.65	0.28		0.08	-0.8	-0.04	0.67	0.67	0.9	0.7	0.64	0.37	0.81	0.88	0.8	0.55	0.89	0.21	0.88	-0.84	0.83	0.49	0.69	-0.68	0.57
Net Debt	0.18	0.48	0.72	0.08		-0.46	0.64	-0.38	-0.38	0.09	0.2	0.24	0.65	0.07	0.33	0.46	0.51	0.25	0.37	0.18	-0.16	0.16	0.4	0.28	-0.16	0.29
Retained Earnings	-0.87	-0.92	-0.74	-0.8	-0.46		-0.43	-0.42	-0.42	-0.75	-0.66	-0.79	-0.74	-0.71	-0.96	-0.83	-0.53	-0.83	-0.3	-0.82	0.76	-0.76	-0.68	-0.87	0.85	-0.8
Accounts Payable	0.09	0.59	0.85	-0.04	0.64	-0.43		-0.08	-0.08	0.13	0.09	0.5	0.87	0.06	0.26	0.11	0.34	0.03	0.41	0.01	0.04	-0.03	0.17	0.36	-0.28	0.35
Cash	0.65	0.31	0.03	0.67	-0.38	-0.42	-0.08		1.0	0.66	0.24	0.46	0.22	0.49	0.44	0.18	0.35	0.51	-0.18	0.57	-0.59	0.57	0.06	0.23	-0.36	0.14
Cash And Short Term Investments	0.65	0.31	0.03	0.67	-0.38	-0.42	-0.08	1.0		0.66	0.24	0.46	0.22	0.49	0.44	0.18	0.35	0.51	-0.18	0.57	-0.59	0.57	0.06	0.23	-0.36	0.14
Common Stock Shares Outstanding	0.9	0.57	0.26	0.9	0.09	-0.75	0.13	0.66	0.66		0.46	0.79	0.5	0.6	0.76	0.6	0.45	0.86	0.4	0.89	-0.85	0.85	0.23	0.67	-0.6	0.52
Other Current Assets	0.71	0.6	0.39	0.7	0.2	-0.66	0.09	0.24	0.24	0.46		0.5	0.31	0.96	0.72	0.78	0.43	0.57	0.25	0.5	-0.44	0.44	0.63	0.63	-0.59	0.59
Other Stockholder Equity	0.69	0.67	0.52	0.64	0.24	-0.79	0.5	0.46	0.46	0.79	0.5		0.69	0.58	0.69	0.48	0.29	0.7	0.36	0.74	-0.69	0.69	0.18	0.71	-0.55	0.58
Total Liab	0.49	0.8	0.89	0.37	0.65	-0.74	0.87	0.22	0.22	0.5	0.31	0.69		0.34	0.6	0.43	0.59	0.42	0.42	0.43	-0.36	0.4	0.44	0.63	-0.53	0.62
Total Current Assets	0.82	0.63	0.36	0.81	0.07	-0.71	0.06	0.49	0.49	0.6	0.96	0.58	0.34		0.77	0.75	0.48	0.65	0.18	0.61	-0.56	0.56	0.58	0.63	-0.63	0.57
Common Stock	0.92	0.9	0.63	0.88	0.33	-0.96	0.26	0.44	0.44	0.76	0.72	0.69	0.6	0.77		0.91	0.51	0.84	0.27	0.8	-0.74	0.74	0.72	0.89	-0.89	0.81
Net Receivables	0.83	0.76	0.53	0.8	0.46	-0.83	0.11	0.18	0.18	0.6	0.78	0.48	0.43	0.75	0.91		0.55	0.76	0.29	0.7	-0.64	0.64	0.78	0.79	-0.71	0.74
Short Long Term Debt Total	0.6	0.5	0.49	0.55	0.51	-0.53	0.34	0.35	0.35	0.45	0.43	0.29	0.59	0.48	0.51	0.55		0.37	0.3	0.36	-0.32	0.34	0.49	0.36	-0.28	0.38
Current Deferred Revenue	0.89	0.63	0.33	0.89	0.25	-0.83	0.03	0.51	0.51	0.86	0.57	0.7	0.42	0.65	0.84	0.76	0.37		0.2	0.94	-0.92	0.91	0.46	0.67	-0.65	0.55
Short Term Debt	0.24	0.23	0.29	0.21	0.37	-0.3	0.41	-0.18	-0.18	0.4	0.25	0.36	0.42	0.18	0.27	0.29	0.3	0.2		0.16	-0.04	0.09	0.12	0.41	-0.31	0.34
Non Current Assets Total	0.87	0.59	0.28	0.88	0.18	-0.82	0.01	0.57	0.57	0.89	0.5	0.74	0.43	0.61	0.8	0.7	0.36	0.94	0.16		-0.99	0.99	0.41	0.66	-0.61	0.56
Non Currrent Assets Other	-0.83	-0.52	-0.22	-0.84	-0.16	0.76	0.04	-0.59	-0.59	-0.85	-0.44	-0.69	-0.36	-0.56	-0.74	-0.64	-0.32	-0.92	-0.04	-0.99		-0.99	-0.34	-0.55	0.52	-0.45
Good Will	0.82	0.52	0.22	0.83	0.16	-0.76	-0.03	0.57	0.57	0.85	0.44	0.69	0.4	0.56	0.74	0.64	0.34	0.91	0.09	0.99	-0.99		0.4	0.59	-0.54	0.52
Inventory	0.53	0.71	0.6	0.49	0.4	-0.68	0.17	0.06	0.06	0.23	0.63	0.18	0.44	0.58	0.72	0.78	0.49	0.46	0.12	0.41	-0.34	0.4		0.69	-0.72	0.79
Property Plant And Equipment Net	0.74	0.85	0.62	0.69	0.28	-0.87	0.36	0.23	0.23	0.67	0.63	0.71	0.63	0.63	0.89	0.79	0.36	0.67	0.41	0.66	-0.55	0.59	0.69		-0.87	0.96
Non Current Liabilities Total	-0.73	-0.86	-0.62	-0.68	-0.16	0.85	-0.28	-0.36	-0.36	-0.6	-0.59	-0.55	-0.53	-0.63	-0.89	-0.71	-0.28	-0.65	-0.31	-0.61	0.52	-0.54	-0.72	-0.87		-0.82
Intangible Assets	0.63	0.81	0.62	0.57	0.29	-0.8	0.35	0.14	0.14	0.52	0.59	0.58	0.62	0.57	0.81	0.74	0.38	0.55	0.34	0.56	-0.45	0.52	0.79	0.96	-0.82

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Eastinco Mining Account Relationship Matchups

Eastinco Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2M	3.7M	3.8M	4.1M	4.2M	4.4M
Other Current Liab	118K	52K	122K	308K	340K	357K
Total Current Liabilities	166K	110K	197K	595K	793K	832.7K
Total Stockholder Equity	2.8M	3.3M	3.4M	3.3M	3.4M	3.6M
Net Debt	(43K)	167K	(38K)	41K	152K	159.6K
Retained Earnings	(5.1M)	(5.3M)	(6.6M)	(11.0M)	(12.0M)	(11.4M)
Accounts Payable	48K	58K	75K	287K	194K	162.9K
Cash	246K	52K	196K	110K	73K	81.4K
Cash And Short Term Investments	246K	52K	196K	110K	73K	81.4K
Common Stock Shares Outstanding	324.4M	426.8M	517.5M	579.6M	344.4M	228.3M
Other Current Assets	69K	394K	188K	319K	557K	584.9K
Total Liab	369K	329K	355K	747K	793K	433.1K
Total Current Assets	315K	446K	384K	429K	630K	661.5K
Common Stock	3.6M	4.3M	5.7M	9.6M	10.9M	11.4M
Liabilities And Stockholders Equity	3.2M	3.7M	3.8M	4.1M	4.2M	4.4M
Accumulated Other Comprehensive Income	1.3M	1.1M	1.4M	2.1M	2.4M	1.3M
Short Long Term Debt Total	203K	219K	158K	151K	225K	189.8K
Short Term Debt	215K	82K	15.0	225K	202.5K	109.6K

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Other Information on Investing in Eastinco Stock

Balance Sheet is a snapshot of the financial position of Eastinco Mining Expl at a specified time, usually calculated after every quarter, six months, or one year. Eastinco Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eastinco Mining 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 Eastinco currently owns. An asset can also be divided into two categories, current and non-current.

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Eastinco Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Eastinco Mining fundamental ratios Correlations

Eastinco Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastinco Mining fundamental ratios Accounts

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Other Information on Investing in Eastinco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Good Will	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.96	Other Current Assets
Intangible Assets	+ 0.96	Property Plant And Equipment Net
Non Current Assets Total	+ 0.94	Current Deferred Revenue

Good Will	- 0.99	Non Currrent Assets Other
Non Currrent Assets Other	- 0.99	Non Current Assets Total
Common Stock	- 0.96	Retained Earnings
Non Currrent Assets Other	- 0.92	Current Deferred Revenue
Retained Earnings	- 0.92	Other Current Liab
Non Current Liabilities Total	- 0.89	Common Stock