Eastinco Short Term Debt vs Total Current Liabilities 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 Short Term Debt and its Total Current Liabilities 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.

Short Term Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastinco Mining Expl Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eastinco Mining's Short Term Debt and Total Current Liabilities is 0.29. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Eastinco Mining Exploration are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Eastinco Mining's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Eastinco Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eastinco Mining Exploration are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Expense203K7K8.1K7.6K
Cost Of Revenue2K22K16K15.2K

Eastinco Mining fundamental ratios Correlations

0.740.410.990.18-0.870.090.650.650.90.710.590.490.820.920.830.60.890.240.870.870.820.530.33-0.730.63
0.740.870.650.48-0.910.590.310.310.570.60.520.80.630.90.760.50.630.230.590.620.520.710.27-0.860.81
0.410.870.280.72-0.720.850.030.030.260.390.390.890.360.630.530.490.330.290.280.330.220.60.08-0.620.62
0.990.650.280.08-0.8-0.040.670.670.90.70.550.370.810.880.80.550.890.210.880.870.830.490.32-0.680.57
0.180.480.720.08-0.440.64-0.38-0.380.090.20.160.650.070.330.460.510.250.370.180.230.160.4-0.12-0.160.29
-0.87-0.91-0.72-0.8-0.44-0.45-0.44-0.44-0.78-0.64-0.7-0.75-0.7-0.95-0.81-0.52-0.84-0.31-0.83-0.84-0.78-0.63-0.380.83-0.78
0.090.590.85-0.040.64-0.45-0.08-0.080.130.090.460.870.060.260.110.340.030.410.01-0.01-0.030.170.27-0.280.35
0.650.310.030.67-0.38-0.44-0.081.00.660.240.450.220.490.440.180.350.51-0.180.570.550.570.060.23-0.360.14
0.650.310.030.67-0.38-0.44-0.081.00.660.240.450.220.490.440.180.350.51-0.180.570.550.570.060.23-0.360.14
0.90.570.260.90.09-0.780.130.660.660.460.740.50.60.760.60.450.860.40.890.810.850.230.61-0.60.52
0.710.60.390.70.2-0.640.090.240.240.460.370.310.960.720.780.430.570.250.50.540.440.630.07-0.590.59
0.590.520.390.550.16-0.70.460.450.450.740.370.570.460.550.330.170.610.30.640.570.59-0.060.78-0.40.37
0.490.80.890.370.65-0.750.870.220.220.50.310.570.340.60.430.590.420.420.430.40.40.440.31-0.530.62
0.820.630.360.810.07-0.70.060.490.490.60.960.460.340.770.750.480.650.180.610.640.560.580.13-0.630.57
0.920.90.630.880.33-0.950.260.440.440.760.720.550.60.770.910.510.840.270.80.830.740.720.31-0.890.81
0.830.760.530.80.46-0.810.110.180.180.60.780.330.430.750.910.550.760.290.70.750.640.780.09-0.710.74
0.60.50.490.550.51-0.520.340.350.350.450.430.170.590.480.510.550.370.30.360.370.340.49-0.1-0.280.38
0.890.630.330.890.25-0.840.030.510.510.860.570.610.420.650.840.760.370.20.940.940.910.460.33-0.650.55
0.240.230.290.210.37-0.310.41-0.18-0.180.40.250.30.420.180.270.290.30.20.160.030.090.120.41-0.310.34
0.870.590.280.880.18-0.830.010.570.570.890.50.640.430.610.80.70.360.940.160.980.990.410.37-0.610.56
0.870.620.330.870.23-0.84-0.010.550.550.810.540.570.40.640.830.750.370.940.030.980.970.480.24-0.620.53
0.820.520.220.830.16-0.78-0.030.570.570.850.440.590.40.560.740.640.340.910.090.990.970.40.31-0.540.52
0.530.710.60.490.4-0.630.170.060.060.230.63-0.060.440.580.720.780.490.460.120.410.480.4-0.29-0.720.79
0.330.270.080.32-0.12-0.380.270.230.230.610.070.780.310.130.310.09-0.10.330.410.370.240.31-0.29-0.270.33
-0.73-0.86-0.62-0.68-0.160.83-0.28-0.36-0.36-0.6-0.59-0.4-0.53-0.63-0.89-0.71-0.28-0.65-0.31-0.61-0.62-0.54-0.72-0.27-0.82
0.630.810.620.570.29-0.780.350.140.140.520.590.370.620.570.810.740.380.550.340.560.530.520.790.33-0.82
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Eastinco Mining Account Relationship Matchups

Eastinco Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M3.7M3.8M4.1M4.2M4.4M
Other Current Liab118K52K122K308K340K357K
Total Current Liabilities166K110K197K595K793K832.7K
Total Stockholder Equity2.8M3.3M3.4M3.3M3.4M3.6M
Net Debt(43K)167K(38K)41K152K159.6K
Retained Earnings(5.1M)(5.3M)(6.6M)(11.0M)(10.8M)(10.3M)
Accounts Payable48K58K75K287K194K162.9K
Cash246K52K196K110K73K81.4K
Cash And Short Term Investments246K52K196K110K73K81.4K
Common Stock Shares Outstanding324.4M426.8M517.5M579.6M344.4M228.3M
Other Current Assets69K394K188K319K557K584.9K
Total Liab369K329K355K747K793K433.1K
Total Current Assets315K446K384K429K630K661.5K
Common Stock3.6M4.3M5.7M9.6M10.9M11.4M
Liabilities And Stockholders Equity3.2M3.7M3.8M4.1M4.2M4.4M
Accumulated Other Comprehensive Income1.3M1.1M1.4M2.1M2.4M1.3M
Short Long Term Debt Total203K219K158K151K225K189.8K
Short Term Debt215K82K15.0225K202.5K109.6K

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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.