Eastern Net Income vs Change To Operating Activities Analysis

EASTSILK

1.80 0.00 0.00%

Eastern Silk financial indicator trend analysis is much more than just examining Eastern Silk Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern Silk Industries is a good investment. Please check the relationship between Eastern Silk Net Income and its Change To Operating Activities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Silk Industries. 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.

Net Income vs Change To Operating Activities

Net Income vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Silk Industries Net Income account and Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Eastern Silk's Net Income and Change To Operating Activities is -0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Eastern Silk Industries, assuming nothing else is changed. The correlation between historical values of Eastern Silk's Net Income and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Eastern Silk Industries are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Income i.e., Eastern Silk's Net Income and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Income

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

Change To Operating Activities

Most indicators from Eastern Silk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern Silk Industries 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 Eastern Silk Industries. 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.

Tax Provision is expected to rise to about 4.6 M this year, although the value of Selling General Administrative will most likely fall to about 18.7 M.

	2023	2024 (projected)
Interest Expense	378K	359.1K
Depreciation And Amortization	29.7M	28.2M

Interest Expense Depreciation And Amortization

Eastern Silk fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Current Deferred Revenue	Short Term Investments	Other Liab
Common Stock Shares Outstanding		-0.46	0.18	-0.87	0.01	-0.75	-0.53	0.2	-0.78	-0.13	-0.39	-0.16	-0.11	-0.24	0.02	-0.77	-0.78	-0.37	0.03	-0.47	0.5	-0.3	-0.98	0.19	0.15	0.25
Total Assets	-0.46		0.72	0.19	-0.48	0.68	0.98	0.71	0.76	0.58	0.98	0.3	0.56	0.96	0.8	0.87	-0.04	0.46	0.77	1.0	-0.67	0.83	0.47	-0.48	-0.09	-0.57
Short Long Term Debt Total	0.18	0.72		-0.29	-0.42	-0.01	0.6	1.0	0.1	0.67	0.69	0.22	0.69	0.84	0.96	0.31	-0.45	0.25	0.98	0.71	-0.4	0.75	-0.16	-0.4	0.1	-0.47
Other Current Liab	-0.87	0.19	-0.29		0.39	0.41	0.26	-0.29	0.48	-0.07	0.1	0.04	-0.09	-0.03	-0.21	0.53	0.92	0.5	-0.1	0.2	-0.14	0.11	0.88	0.14	-0.29	-0.08
Total Current Liabilities	0.01	-0.48	-0.42	0.39		-0.35	-0.43	-0.39	-0.25	-0.73	-0.53	-0.5	-0.71	-0.51	-0.61	-0.3	0.46	0.37	-0.35	-0.48	0.52	-0.65	0.04	0.84	-0.63	0.49
Total Stockholder Equity	-0.75	0.68	-0.01	0.41	-0.35		0.77	-0.02	0.98	0.13	0.7	0.25	0.1	0.51	0.16	0.88	0.26	0.27	0.05	0.68	-0.59	0.37	0.74	-0.34	-0.18	-0.36
Property Plant And Equipment Net	-0.53	0.98	0.6	0.26	-0.43	0.77		0.59	0.84	0.5	0.97	0.27	0.48	0.9	0.7	0.93	0.04	0.52	0.66	0.98	-0.63	0.77	0.54	-0.43	-0.15	-0.52
Net Debt	0.2	0.71	1.0	-0.29	-0.39	-0.02	0.59		0.1	0.63	0.68	0.2	0.65	0.84	0.95	0.3	-0.46	0.26	0.98	0.7	-0.37	0.73	-0.17	-0.36	0.06	-0.46
Retained Earnings	-0.78	0.76	0.1	0.48	-0.25	0.98	0.84	0.1		0.12	0.76	0.22	0.1	0.61	0.24	0.93	0.31	0.42	0.19	0.76	-0.58	0.43	0.78	-0.29	-0.29	-0.37
Cash	-0.13	0.58	0.67	-0.07	-0.73	0.13	0.5	0.63	0.12		0.55	0.39	0.97	0.58	0.8	0.39	-0.15	0.0	0.67	0.59	-0.61	0.81	0.08	-0.66	0.52	-0.51
Non Current Assets Total	-0.39	0.98	0.69	0.1	-0.53	0.7	0.97	0.68	0.76	0.55		0.29	0.53	0.94	0.78	0.85	-0.1	0.41	0.72	0.97	-0.63	0.81	0.4	-0.47	-0.07	-0.53
Non Currrent Assets Other	-0.16	0.3	0.22	0.04	-0.5	0.25	0.27	0.2	0.22	0.39	0.29		0.46	0.3	0.33	0.26	-0.22	-0.33	0.2	0.31	-0.28	0.39	0.13	-0.6	0.48	-0.87
Cash And Short Term Investments	-0.11	0.56	0.69	-0.09	-0.71	0.1	0.48	0.65	0.1	0.97	0.53	0.46		0.59	0.8	0.35	-0.19	-0.01	0.68	0.57	-0.6	0.79	0.05	-0.74	0.62	-0.59
Net Receivables	-0.24	0.96	0.84	-0.03	-0.51	0.51	0.9	0.84	0.61	0.58	0.94	0.3	0.59		0.89	0.71	-0.24	0.34	0.86	0.96	-0.63	0.82	0.27	-0.49	-0.04	-0.58
Non Current Liabilities Total	0.02	0.8	0.96	-0.21	-0.61	0.16	0.7	0.95	0.24	0.8	0.78	0.33	0.8	0.89		0.45	-0.38	0.2	0.95	0.8	-0.51	0.88	-0.01	-0.57	0.23	-0.55
Inventory	-0.77	0.87	0.31	0.53	-0.3	0.88	0.93	0.3	0.93	0.39	0.85	0.26	0.35	0.71	0.45		0.33	0.55	0.42	0.87	-0.62	0.65	0.77	-0.34	-0.21	-0.45
Other Current Assets	-0.78	-0.04	-0.45	0.92	0.46	0.26	0.04	-0.46	0.31	-0.15	-0.1	-0.22	-0.19	-0.24	-0.38	0.33		0.38	-0.28	-0.03	-0.07	-0.08	0.77	0.25	-0.26	0.21
Other Stockholder Equity	-0.37	0.46	0.25	0.5	0.37	0.27	0.52	0.26	0.42	0.0	0.41	-0.33	-0.01	0.34	0.2	0.55	0.38		0.38	0.44	0.0	0.31	0.43	0.22	-0.55	0.15
Total Liab	0.03	0.77	0.98	-0.1	-0.35	0.05	0.66	0.98	0.19	0.67	0.72	0.2	0.68	0.86	0.95	0.42	-0.28	0.38		0.77	-0.4	0.8	0.0	-0.35	0.03	-0.47
Total Current Assets	-0.47	1.0	0.71	0.2	-0.48	0.68	0.98	0.7	0.76	0.59	0.97	0.31	0.57	0.96	0.8	0.87	-0.03	0.44	0.77		-0.69	0.83	0.49	-0.49	-0.08	-0.58
Short Term Debt	0.5	-0.67	-0.4	-0.14	0.52	-0.59	-0.63	-0.37	-0.58	-0.61	-0.63	-0.28	-0.6	-0.63	-0.51	-0.62	-0.07	0.0	-0.4	-0.69		-0.46	-0.44	0.5	-0.15	0.5
Common Stock	-0.3	0.83	0.75	0.11	-0.65	0.37	0.77	0.73	0.43	0.81	0.81	0.39	0.79	0.82	0.88	0.65	-0.08	0.31	0.8	0.83	-0.46		0.31	-0.65	0.26	-0.53
Accounts Payable	-0.98	0.47	-0.16	0.88	0.04	0.74	0.54	-0.17	0.78	0.08	0.4	0.13	0.05	0.27	-0.01	0.77	0.77	0.43	0.0	0.49	-0.44	0.31		-0.12	-0.27	-0.2
Current Deferred Revenue	0.19	-0.48	-0.4	0.14	0.84	-0.34	-0.43	-0.36	-0.29	-0.66	-0.47	-0.6	-0.74	-0.49	-0.57	-0.34	0.25	0.22	-0.35	-0.49	0.5	-0.65	-0.12		-0.71	0.59
Short Term Investments	0.15	-0.09	0.1	-0.29	-0.63	-0.18	-0.15	0.06	-0.29	0.52	-0.07	0.48	0.62	-0.04	0.23	-0.21	-0.26	-0.55	0.03	-0.08	-0.15	0.26	-0.27	-0.71		-0.41
Other Liab	0.25	-0.57	-0.47	-0.08	0.49	-0.36	-0.52	-0.46	-0.37	-0.51	-0.53	-0.87	-0.59	-0.58	-0.55	-0.45	0.21	0.15	-0.47	-0.58	0.5	-0.53	-0.2	0.59	-0.41

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Eastern Silk Account Relationship Matchups

Eastern Silk fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.7B	1.6B	1.5B	1.4B	1.3B
Short Long Term Debt Total	1.5B	1.5B	1.5B	1.5B	581.5M	552.4M
Other Current Liab	279.6M	382.4M	384.5M	388.8M	57.5M	54.6M
Total Current Liabilities	1.8B	1.8B	1.8B	1.8B	639.7M	607.7M
Total Stockholder Equity	(232.6M)	(222.7M)	(288.7M)	(432.1M)	626.5M	645.5M
Property Plant And Equipment Net	502.7M	461.7M	432.6M	404.4M	376.7M	357.9M
Net Debt	1.4B	1.5B	1.5B	1.4B	428.9M	407.5M
Retained Earnings	(2.0B)	(2.0B)	(2.1B)	(2.2B)	(2.0B)	(1.9B)
Cash	33.0M	36.6M	37.1M	32.0M	152.6M	131.8M
Non Current Assets Total	970.7M	927.5M	901.0M	872.6M	844.4M	1.1B
Non Currrent Assets Other	(502.9M)	8.0M	10.6M	10.5M	9.8M	10.3M
Cash And Short Term Investments	33.5M	37.1M	76.9M	140.0M	152.6M	141.0M
Net Receivables	220.3M	247.8M	235.7M	151.9M	13.3M	12.6M
Liabilities And Stockholders Equity	1.7B	1.7B	1.6B	1.5B	1.4B	1.3B
Non Current Liabilities Total	148.0M	143.7M	141.6M	142.4M	84.2M	80.0M
Inventory	374.6M	405.6M	357.8M	290.0M	307.4M	292.0M
Other Current Assets	92.4M	66.9M	74.5M	66.8M	32.8M	53.0M
Other Stockholder Equity	1.9B	1.9B	1.1B	1.6B	468.6M	445.1M
Total Liab	2.0B	2.0B	1.9B	2.0B	723.9M	687.7M
Total Current Assets	757.1M	805.2M	744.9M	648.7M	506.1M	480.8M
Accumulated Other Comprehensive Income	(319.6M)	463.0M	465.7M	466.6M	468.6M	492.0M
Short Term Debt	1.2B	1.4B	1.4B	1.3B	581.5M	925.1M
Accounts Payable	54.0M	71.2M	44.5M	17.5M	693K	658.4K
Current Deferred Revenue	147.2M	150.1M	160.0M	23.3M	26.9M	25.5M
Short Term Investments	467K	483K	39.8M	108.0M	108.9M	114.3M
Other Liab	8M	3.7M	2.6M	2.4M	2.8M	4.1M
Net Tangible Assets	(232.6M)	(222.7M)	(288.7M)	(432.1M)	(497.0M)	(521.8M)
Other Assets	(2K)	465.3M	1K	467.8M	421.0M	299.0M
Short Long Term Debt	1.3B	1.4B	1.4B	1.3B	581.5M	552.4M
Property Plant Equipment	502.7M	461.7M	432.6M	404.4M	363.9M	523.8M
Cash And Equivalents	33.0M	36.6M	37.1M	32.0M	28.8M	30.3M
Net Invested Capital	1.2B	1.3B	1.2B	1.0B	1.2B	981.7M
Net Working Capital	(1.1B)	(1.0B)	(1.0B)	(1.2B)	(133.6M)	(140.3M)

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Other Information on Investing in Eastern Stock

Balance Sheet is a snapshot of the financial position of Eastern Silk Industries at a specified time, usually calculated after every quarter, six months, or one year. Eastern Silk Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eastern Silk 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 Eastern currently owns. An asset can also be divided into two categories, current and non-current.

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Eastern Net Income vs Change To Operating Activities Analysis

Net Income vs Change To Operating Activities

Net Income vs Change To Operating Activities Correlation Analysis

Correlation Coefficient

Net Income

Change To Operating Activities

Eastern Silk fundamental ratios Correlations

Eastern Silk Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastern Silk fundamental ratios Accounts

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Other Information on Investing in Eastern Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Short Long Term Debt Total
Retained Earnings	+ 0.98	Total Stockholder Equity

Accounts Payable	- 0.98	Common Stock Shares Outstanding
Other Liab	- 0.87	Non Currrent Assets Other
Other Current Liab	- 0.87	Common Stock Shares Outstanding
Other Current Assets	- 0.78	Common Stock Shares Outstanding
Retained Earnings	- 0.78	Common Stock Shares Outstanding
Inventory	- 0.77	Common Stock Shares Outstanding