Eastside Cash And Short Term Investments vs Long Term Debt Analysis

EAST Stock

USD 0.69 0.07 9.21%

Eastside Distilling financial indicator trend analysis is much more than just examining Eastside Distilling latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastside Distilling is a good investment. Please check the relationship between Eastside Distilling Cash And Short Term Investments and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastside Distilling Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Eastside Distilling's Cash And Short Term Investments and Long Term Debt is 0.18. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Eastside Distilling, assuming nothing else is changed. The correlation between historical values of Eastside Distilling's Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Eastside Distilling are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Eastside Distilling's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Eastside Distilling balance sheet. This account contains Eastside Distilling investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Eastside Distilling fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Long Term Debt

Long-term debt is a debt that Eastside Distilling has held for over one year. Long-term debt appears on Eastside Distilling balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Eastside Distilling balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Eastside Distilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastside Distilling 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.At this time, Eastside Distilling's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.7 M in 2024, whereas Enterprise Value Multiple is likely to drop (3.08) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.9M	2.4M	1.1M	1.9M
Total Revenue	12.4M	13.9M	10.5M	6.8M

Gross Profit Total Revenue

Eastside Distilling fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Net Tangible Assets	Other Assets	Long Term Debt
Total Assets		0.82	0.42	0.66	0.56	0.24	0.63	-0.72	0.85	0.39	0.39	0.95	-0.46	0.62	0.65	0.78	0.91	0.87	0.74	-0.43	0.91	0.71	0.76	-0.19	0.82	0.67
Short Long Term Debt Total	0.82		0.36	0.68	0.22	0.44	0.89	-0.88	0.67	0.11	0.11	0.78	-0.42	0.78	0.58	0.87	0.86	0.53	0.85	-0.28	0.89	0.61	0.66	-0.27	0.62	0.76
Other Current Liab	0.42	0.36		0.91	-0.21	0.07	0.34	-0.28	0.3	-0.07	-0.07	0.16	-0.16	0.16	0.83	0.22	0.62	0.28	0.68	-0.16	0.46	0.23	-0.05	-0.63	0.79	-0.06
Total Current Liabilities	0.66	0.68	0.91		-0.08	0.21	0.64	-0.57	0.49	-0.03	-0.03	0.46	-0.26	0.44	0.88	0.52	0.83	0.43	0.9	-0.22	0.72	0.42	0.24	-0.61	0.86	0.26
Total Stockholder Equity	0.56	0.22	-0.21	-0.08		-0.15	-0.14	-0.12	0.4	0.87	0.87	0.68	-0.3	0.09	0.19	0.28	0.16	0.82	0.13	-0.36	0.22	0.09	0.32	0.59	0.14	0.32
Current Deferred Revenue	0.24	0.44	0.07	0.21	-0.15		0.63	-0.77	0.32	-0.15	-0.15	0.19	-0.17	0.87	0.07	0.74	0.32	0.06	0.12	-0.06	0.37	0.31	0.48	-0.13	0.26	0.77
Net Debt	0.63	0.89	0.34	0.64	-0.14	0.63		-0.9	0.52	-0.28	-0.28	0.57	-0.31	0.85	0.45	0.84	0.8	0.22	0.72	-0.17	0.85	0.66	0.67	-0.51	0.56	0.76
Retained Earnings	-0.72	-0.88	-0.28	-0.57	-0.12	-0.77	-0.9		-0.71	-0.05	-0.05	-0.68	0.41	-0.98	-0.39	-0.98	-0.78	-0.47	-0.62	0.27	-0.8	-0.61	-0.76	0.21	-0.59	-0.92
Accounts Payable	0.85	0.67	0.3	0.49	0.4	0.32	0.52	-0.71		0.31	0.31	0.79	-0.34	0.63	0.35	0.74	0.81	0.74	0.48	-0.26	0.76	0.71	0.79	-0.12	0.72	0.67
Cash	0.39	0.11	-0.07	-0.03	0.87	-0.15	-0.28	-0.05	0.31		1.0	0.46	-0.24	0.02	0.16	0.2	0.02	0.77	0.12	-0.28	-0.02	-0.23	0.04	0.74	0.08	0.18
Cash And Short Term Investments	0.39	0.11	-0.07	-0.03	0.87	-0.15	-0.28	-0.05	0.31	1.0		0.46	-0.24	0.02	0.16	0.2	0.02	0.77	0.12	-0.28	-0.02	-0.23	0.04	0.74	0.08	0.18
Net Receivables	0.95	0.78	0.16	0.46	0.68	0.19	0.57	-0.68	0.79	0.46	0.46		-0.42	0.59	0.48	0.76	0.78	0.85	0.63	-0.38	0.83	0.66	0.79	0.0	0.62	0.71
Common Stock Total Equity	-0.46	-0.42	-0.16	-0.26	-0.3	-0.17	-0.31	0.41	-0.34	-0.24	-0.24	-0.42		-0.38	-0.26	-0.44	-0.4	-0.43	-0.31	0.97	-0.4	-0.19	-0.37	-0.03	-0.29	-0.41
Common Stock Shares Outstanding	0.62	0.78	0.16	0.44	0.09	0.87	0.85	-0.98	0.63	0.02	0.02	0.59	-0.38		0.27	0.97	0.66	0.4	0.47	-0.24	0.71	0.55	0.75	-0.15	0.49	0.95
Other Current Assets	0.65	0.58	0.83	0.88	0.19	0.07	0.45	-0.39	0.35	0.16	0.16	0.48	-0.26	0.27		0.39	0.68	0.51	0.83	-0.29	0.63	0.28	0.1	-0.47	0.73	0.14
Other Stockholder Equity	0.78	0.87	0.22	0.52	0.28	0.74	0.84	-0.98	0.74	0.2	0.2	0.76	-0.44	0.97	0.39		0.76	0.59	0.6	-0.32	0.8	0.59	0.79	-0.09	0.58	0.95
Total Liab	0.91	0.86	0.62	0.83	0.16	0.32	0.8	-0.78	0.81	0.02	0.02	0.78	-0.4	0.66	0.68	0.76		0.61	0.83	-0.32	0.97	0.8	0.72	-0.52	0.91	0.6
Total Current Assets	0.87	0.53	0.28	0.43	0.82	0.06	0.22	-0.47	0.74	0.77	0.77	0.85	-0.43	0.4	0.51	0.59	0.61		0.51	-0.45	0.58	0.37	0.53	0.24	0.62	0.5
Short Term Debt	0.74	0.85	0.68	0.9	0.13	0.12	0.72	-0.62	0.48	0.12	0.12	0.63	-0.31	0.47	0.83	0.6	0.83	0.51		-0.23	0.78	0.4	0.32	-0.41	0.7	0.38
Common Stock	-0.43	-0.28	-0.16	-0.22	-0.36	-0.06	-0.17	0.27	-0.26	-0.28	-0.28	-0.38	0.97	-0.24	-0.29	-0.32	-0.32	-0.45	-0.23		-0.32	-0.13	-0.3	-0.03	-0.27	-0.28
Non Current Assets Total	0.91	0.89	0.46	0.72	0.22	0.37	0.85	-0.8	0.76	-0.02	-0.02	0.83	-0.4	0.71	0.63	0.8	0.97	0.58	0.78	-0.32		0.86	0.8	-0.5	0.82	0.69
Non Currrent Assets Other	0.71	0.61	0.23	0.42	0.09	0.31	0.66	-0.61	0.71	-0.23	-0.23	0.66	-0.19	0.55	0.28	0.59	0.8	0.37	0.4	-0.13	0.86		0.86	-0.55	0.71	0.56
Non Current Liabilities Total	0.76	0.66	-0.05	0.24	0.32	0.48	0.67	-0.76	0.79	0.04	0.04	0.79	-0.37	0.75	0.1	0.79	0.72	0.53	0.32	-0.3	0.8	0.86		-0.17	0.54	0.84
Net Tangible Assets	-0.19	-0.27	-0.63	-0.61	0.59	-0.13	-0.51	0.21	-0.12	0.74	0.74	0.0	-0.03	-0.15	-0.47	-0.09	-0.52	0.24	-0.41	-0.03	-0.5	-0.55	-0.17		-0.55	0.05
Other Assets	0.82	0.62	0.79	0.86	0.14	0.26	0.56	-0.59	0.72	0.08	0.08	0.62	-0.29	0.49	0.73	0.58	0.91	0.62	0.7	-0.27	0.82	0.71	0.54	-0.55		0.39
Long Term Debt	0.67	0.76	-0.06	0.26	0.32	0.77	0.76	-0.92	0.67	0.18	0.18	0.71	-0.41	0.95	0.14	0.95	0.6	0.5	0.38	-0.28	0.69	0.56	0.84	0.05	0.39

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Eastside Distilling Account Relationship Matchups

Eastside Distilling fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.9M	31.7M	33.6M	21.5M	17.5M	15.3M
Short Long Term Debt Total	9.2M	13.3M	18.1M	19.0M	13.9M	7.0M
Other Current Liab	896.1K	17.6M	52K	2.2M	575K	546.3K
Total Current Liabilities	6.1M	30.3M	9.5M	13.0M	4.2M	6.0M
Total Stockholder Equity	7.3M	(1.1M)	13.4M	(1.5M)	853K	810.4K
Current Deferred Revenue	1.7K	1.7K	23K	18K	88K	92.4K
Net Debt	8.9M	12.4M	14.8M	18.3M	13.5M	14.2M
Retained Earnings	(44.2M)	(54.1M)	(58.6M)	(75.0M)	(82.7M)	(78.6M)
Accounts Payable	2.9M	1.9M	1.3M	1.7M	2.1M	1.3M
Cash	343.3K	836K	3.3M	723K	403K	382.9K
Cash And Short Term Investments	343.3K	836K	3.3M	723K	403K	382.9K
Net Receivables	1.3M	694K	1.4M	876K	559K	633.1K
Common Stock Total Equity	489.0	876.0	967.0	1K	900.0	1.5K
Common Stock Shares Outstanding	463.8K	501.3K	635.4K	766.9K	1.1M	1.1M
Liabilities And Stockholders Equity	35.9M	31.7M	33.6M	21.5M	17.5M	15.3M
Other Current Assets	407.5K	4.6M	2.9M	579K	363K	344.9K
Other Stockholder Equity	51.6M	53.0M	72.0M	73.5M	83.6M	87.7M
Total Liab	28.5M	32.8M	20.2M	23.0M	16.6M	11.6M
Total Current Assets	14.5M	12.8M	14.1M	6.6M	4.5M	7.5M
Common Stock	876.0	967.0	1K	2K	1.8K	1.5K
Non Current Assets Total	21.4M	18.9M	19.5M	14.9M	12.9M	9.2M
Non Currrent Assets Other	1.2M	474K	457K	369K	568K	333.4K
Non Current Liabilities Total	22.4M	2.6M	10.7M	10.0M	12.4M	13.0M
Net Tangible Assets	18.4M	(7.4M)	(15.1M)	(225K)	(202.5K)	(192.4K)
Other Assets	496.3K	1.2M	1.7M	457K	525.6K	509.6K
Long Term Debt	6.6M	1.7M	8.2M	7.8M	10.6M	11.1M
Capital Surpluse	23.2M	45.9M	51.6M	53.0M	60.9M	64.0M
Inventory	12.4M	6.7M	6.5M	4.4M	3.2M	5.0M
Deferred Long Term Liab	467.0K	672.9K	228K	171K	196.7K	223.0K
Intangible Assets	14.7M	14.0M	13.8M	5.9M	5.0M	5.5M
Property Plant Equipment	1.8M	5.5M	4.4M	5.4M	6.2M	6.5M
Property Plant And Equipment Net	5.5M	4.4M	5.4M	8.7M	7.4M	3.8M
Long Term Debt Total	2.2M	5.2M	6.6M	1.7M	1.9M	2.5M
Property Plant And Equipment Gross	5.5M	3.1M	5.4M	8.7M	12.0M	12.6M

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