| BAR Stock | | | 47.00 0.30 0.64% |
Eclectic Bar financial indicator trend analysis is much more than just examining Eclectic Bar Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eclectic Bar Group is a good investment. Please check the relationship between Eclectic Bar Total Current Liabilities and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Eclectic Bar Group. 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.
Total Current Liabilities vs Depreciation And Amortization
Total Current Liabilities vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eclectic Bar Group Total Current Liabilities account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eclectic Bar's Total Current Liabilities and Depreciation And Amortization is 0.47. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Eclectic Bar Group, assuming nothing else is changed. The correlation between historical values of Eclectic Bar's Total Current Liabilities and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Eclectic Bar Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Liabilities i.e., Eclectic Bar's Total Current Liabilities and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.47 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Eclectic Bar balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eclectic Bar Group 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.
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.
Most indicators from Eclectic Bar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eclectic Bar Group 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 Eclectic Bar Group. 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.
As of December 22, 2024,
Selling General Administrative is expected to decline to about 5.7
M. The current year's
Tax Provision is expected to grow to about (160.7
K)
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 196K | 88K | 1.2M | 473K | Depreciation And Amortization | 417K | 1.2M | 1.1M | 1.5M |
Eclectic Bar fundamental ratios Correlations
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Eclectic Bar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eclectic Bar fundamental ratios Accounts
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Other Information on Investing in Eclectic Stock
Balance Sheet is a snapshot of the
financial position of Eclectic Bar Group at a specified time, usually calculated after every quarter, six months, or one year. Eclectic Bar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eclectic Bar 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 Eclectic currently owns. An asset can also be divided into two categories, current and non-current.