Eastside Common Stock Total Equity vs Non Current Assets Total 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 Common Stock Total Equity and its Non Current Assets Total 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.

Common Stock Total Equity vs Non Current Assets Total

Common Stock Total Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastside Distilling Common Stock Total Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Eastside Distilling's Common Stock Total Equity and Non Current Assets Total is -0.4. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Assets Total 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 Common Stock Total Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Eastside Distilling are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Total Equity i.e., Eastside Distilling's Common Stock Total Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Profit2.9M2.4M1.1M1.9M
Total Revenue12.4M13.9M10.5M6.8M

Eastside Distilling fundamental ratios Correlations

0.820.420.660.560.240.63-0.720.850.390.390.95-0.460.620.650.780.910.870.74-0.430.910.710.76-0.190.820.67
0.820.360.680.220.440.89-0.880.670.110.110.78-0.420.780.580.870.860.530.85-0.280.890.610.66-0.270.620.76
0.420.360.91-0.210.070.34-0.280.3-0.07-0.070.16-0.160.160.830.220.620.280.68-0.160.460.23-0.05-0.630.79-0.06
0.660.680.91-0.080.210.64-0.570.49-0.03-0.030.46-0.260.440.880.520.830.430.9-0.220.720.420.24-0.610.860.26
0.560.22-0.21-0.08-0.15-0.14-0.120.40.870.870.68-0.30.090.190.280.160.820.13-0.360.220.090.320.590.140.32
0.240.440.070.21-0.150.63-0.770.32-0.15-0.150.19-0.170.870.070.740.320.060.12-0.060.370.310.48-0.130.260.77
0.630.890.340.64-0.140.63-0.90.52-0.28-0.280.57-0.310.850.450.840.80.220.72-0.170.850.660.67-0.510.560.76
-0.72-0.88-0.28-0.57-0.12-0.77-0.9-0.71-0.05-0.05-0.680.41-0.98-0.39-0.98-0.78-0.47-0.620.27-0.8-0.61-0.760.21-0.59-0.92
0.850.670.30.490.40.320.52-0.710.310.310.79-0.340.630.350.740.810.740.48-0.260.760.710.79-0.120.720.67
0.390.11-0.07-0.030.87-0.15-0.28-0.050.311.00.46-0.240.020.160.20.020.770.12-0.28-0.02-0.230.040.740.080.18
0.390.11-0.07-0.030.87-0.15-0.28-0.050.311.00.46-0.240.020.160.20.020.770.12-0.28-0.02-0.230.040.740.080.18
0.950.780.160.460.680.190.57-0.680.790.460.46-0.420.590.480.760.780.850.63-0.380.830.660.790.00.620.71
-0.46-0.42-0.16-0.26-0.3-0.17-0.310.41-0.34-0.24-0.24-0.42-0.38-0.26-0.44-0.4-0.43-0.310.97-0.4-0.19-0.37-0.03-0.29-0.41
0.620.780.160.440.090.870.85-0.980.630.020.020.59-0.380.270.970.660.40.47-0.240.710.550.75-0.150.490.95
0.650.580.830.880.190.070.45-0.390.350.160.160.48-0.260.270.390.680.510.83-0.290.630.280.1-0.470.730.14
0.780.870.220.520.280.740.84-0.980.740.20.20.76-0.440.970.390.760.590.6-0.320.80.590.79-0.090.580.95
0.910.860.620.830.160.320.8-0.780.810.020.020.78-0.40.660.680.760.610.83-0.320.970.80.72-0.520.910.6
0.870.530.280.430.820.060.22-0.470.740.770.770.85-0.430.40.510.590.610.51-0.450.580.370.530.240.620.5
0.740.850.680.90.130.120.72-0.620.480.120.120.63-0.310.470.830.60.830.51-0.230.780.40.32-0.410.70.38
-0.43-0.28-0.16-0.22-0.36-0.06-0.170.27-0.26-0.28-0.28-0.380.97-0.24-0.29-0.32-0.32-0.45-0.23-0.32-0.13-0.3-0.03-0.27-0.28
0.910.890.460.720.220.370.85-0.80.76-0.02-0.020.83-0.40.710.630.80.970.580.78-0.320.860.8-0.50.820.69
0.710.610.230.420.090.310.66-0.610.71-0.23-0.230.66-0.190.550.280.590.80.370.4-0.130.860.86-0.550.710.56
0.760.66-0.050.240.320.480.67-0.760.790.040.040.79-0.370.750.10.790.720.530.32-0.30.80.86-0.170.540.84
-0.19-0.27-0.63-0.610.59-0.13-0.510.21-0.120.740.740.0-0.03-0.15-0.47-0.09-0.520.24-0.41-0.03-0.5-0.55-0.17-0.550.05
0.820.620.790.860.140.260.56-0.590.720.080.080.62-0.290.490.730.580.910.620.7-0.270.820.710.54-0.550.39
0.670.76-0.060.260.320.770.76-0.920.670.180.180.71-0.410.950.140.950.60.50.38-0.280.690.560.840.050.39
Click cells to compare fundamentals

Eastside Distilling Account Relationship Matchups

Eastside Distilling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.9M31.7M33.6M21.5M17.5M15.3M
Short Long Term Debt Total9.2M13.3M18.1M19.0M13.9M7.0M
Other Current Liab896.1K17.6M52K2.2M575K546.3K
Total Current Liabilities6.1M30.3M9.5M13.0M4.2M6.0M
Total Stockholder Equity7.3M(1.1M)13.4M(1.5M)853K810.4K
Current Deferred Revenue1.7K1.7K23K18K88K92.4K
Net Debt8.9M12.4M14.8M18.3M13.5M14.2M
Retained Earnings(44.2M)(54.1M)(58.6M)(75.0M)(82.7M)(78.6M)
Accounts Payable2.9M1.9M1.3M1.7M2.1M1.3M
Cash343.3K836K3.3M723K403K382.9K
Cash And Short Term Investments343.3K836K3.3M723K403K382.9K
Net Receivables1.3M694K1.4M876K559K633.1K
Common Stock Total Equity489.0876.0967.01K900.01.5K
Common Stock Shares Outstanding463.8K501.3K635.4K766.9K1.1M1.1M
Liabilities And Stockholders Equity35.9M31.7M33.6M21.5M17.5M15.3M
Other Current Assets407.5K4.6M2.9M579K363K344.9K
Other Stockholder Equity51.6M53.0M72.0M73.5M83.6M87.7M
Total Liab28.5M32.8M20.2M23.0M16.6M11.6M
Total Current Assets14.5M12.8M14.1M6.6M4.5M7.5M
Common Stock876.0967.01K2K1.8K1.5K
Non Current Assets Total21.4M18.9M19.5M14.9M12.9M9.2M
Non Currrent Assets Other1.2M474K457K369K568K333.4K
Non Current Liabilities Total22.4M2.6M10.7M10.0M12.4M13.0M
Net Tangible Assets18.4M(7.4M)(15.1M)(225K)(202.5K)(192.4K)
Other Assets496.3K1.2M1.7M457K525.6K509.6K
Long Term Debt6.6M1.7M8.2M7.8M10.6M11.1M
Capital Surpluse23.2M45.9M51.6M53.0M60.9M64.0M
Inventory12.4M6.7M6.5M4.4M3.2M5.0M
Deferred Long Term Liab467.0K672.9K228K171K196.7K223.0K
Intangible Assets14.7M14.0M13.8M5.9M5.0M5.5M
Property Plant Equipment1.8M5.5M4.4M5.4M6.2M6.5M
Property Plant And Equipment Net5.5M4.4M5.4M8.7M7.4M3.8M
Long Term Debt Total2.2M5.2M6.6M1.7M1.9M2.5M
Property Plant And Equipment Gross5.5M3.1M5.4M8.7M12.0M12.6M

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Additional Tools for Eastside Stock Analysis

When running Eastside Distilling's price analysis, check to measure Eastside Distilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastside Distilling is operating at the current time. Most of Eastside Distilling's value examination focuses on studying past and present price action to predict the probability of Eastside Distilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastside Distilling's price. Additionally, you may evaluate how the addition of Eastside Distilling to your portfolios can decrease your overall portfolio volatility.