Eastside Free Cash Flow vs Net Income Analysis

EAST Stock

USD 0.76 0 0.64%

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 Free Cash Flow and its Net Income 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.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastside Distilling Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Eastside Distilling's Free Cash Flow and Net Income is 0.55. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income 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 Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Eastside Distilling are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Eastside Distilling's Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Eastside Distilling financial statement analysis. It represents the amount of money remaining after all of Eastside Distilling operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC