EAST Stock | | | USD 0.76 0.08 9.52% |
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 Stock Based Compensation and its Begin Period Cash Flow 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.
Stock Based Compensation vs Begin Period Cash Flow
Stock Based Compensation vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eastside Distilling Stock Based Compensation account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eastside Distilling's Stock Based Compensation and Begin Period Cash Flow is 0.48. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Begin Period Cash Flow 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 Stock Based Compensation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Eastside Distilling are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Stock Based Compensation i.e., Eastside Distilling's Stock Based Compensation and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
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.
Eastside Distilling fundamental ratios Correlations
Click cells to compare fundamentals
Eastside Distilling Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastside Distilling fundamental ratios Accounts
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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.