EBM Stock | | | CAD 0.75 0.05 6.25% |
Eastwood Bio-Medical financial indicator trend analysis is much more than just examining Eastwood Bio Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastwood Bio Medical is a good investment. Please check the relationship between Eastwood Bio-Medical Other Assets and its Other Stockholder Equity accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastwood Bio Medical Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Other Assets vs Other Stockholder Equity
Other Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eastwood Bio Medical Other Assets account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eastwood Bio-Medical's Other Assets and Other Stockholder Equity is 0.5. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Eastwood Bio Medical Canada, assuming nothing else is changed. The correlation between historical values of Eastwood Bio-Medical's Other Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Eastwood Bio Medical Canada are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Assets i.e., Eastwood Bio-Medical's Other Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Other Stockholder Equity
Most indicators from Eastwood Bio-Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastwood Bio Medical 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 Eastwood Bio Medical Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to climb to about 858.4
K in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.62 in 2024.
Eastwood Bio-Medical fundamental ratios Correlations
Click cells to compare fundamentals
Eastwood Bio-Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastwood Bio-Medical fundamental ratios Accounts
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Additional Tools for Eastwood Stock Analysis
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measure Eastwood Bio-Medical'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 Eastwood Bio-Medical is operating at the current time. Most of Eastwood Bio-Medical's value examination focuses on studying past and present price action to
predict the probability of Eastwood Bio-Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastwood Bio-Medical's price. Additionally, you may evaluate how the addition of Eastwood Bio-Medical to your portfolios can decrease your overall portfolio volatility.