Ebang Inventory Turnover vs Payout Ratio Analysis

EBON Stock

USD 8.28 0.57 6.44%

Ebang International financial indicator trend analysis is much more than just examining Ebang International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ebang International is a good investment. Please check the relationship between Ebang International Inventory Turnover and its Payout Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Inventory Turnover vs Payout Ratio

Inventory Turnover vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ebang International Inventory Turnover account and Payout Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ebang International's Inventory Turnover and Payout Ratio is -0.42. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Ebang International Holdings, assuming nothing else is changed. The correlation between historical values of Ebang International's Inventory Turnover and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Ebang International Holdings are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Inventory Turnover i.e., Ebang International's Inventory Turnover and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Payout Ratio

Payout Ratio is the proportion of Ebang International Holdings earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Ebang International dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Ebang International is paying out more in dividends than it makes in net income.

Most indicators from Ebang International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ebang International 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 Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 6.28, while Selling General Administrative is likely to drop about 26.4 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	27.2M	42.7M	36.9M	21.9M
Cost Of Revenue	22.2M	12.4M	21.6M	20.5M

Total Operating Expenses Cost Of Revenue

Ebang International fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.51	0.43	0.9	0.83	-0.87	-0.41	0.07	0.87	0.8	0.61	-0.09	0.89	0.06	-0.71	0.38	0.28	0.77	0.45	0.99	0.45	-0.37	0.16	-0.14	0.55	0.39
Other Current Liab	0.51		0.52	0.3	0.5	-0.28	-0.18	-0.07	0.3	0.55	0.39	0.65	0.35	0.02	-0.66	0.38	-0.11	0.28	0.55	0.44	0.49	-0.27	0.15	-0.24	-0.08	0.46
Total Current Liabilities	0.43	0.52		0.01	0.01	-0.08	0.47	0.39	0.1	0.0	-0.08	0.11	0.09	0.66	-0.41	0.99	0.13	-0.16	1.0	0.5	0.04	0.34	0.28	-0.09	-0.37	0.94
Total Stockholder Equity	0.9	0.3	0.01		0.91	-0.91	-0.65	-0.12	0.9	0.88	0.74	-0.18	0.93	-0.23	-0.56	-0.03	0.23	0.91	0.03	0.86	0.5	-0.54	0.01	-0.11	0.76	0.0
Property Plant And Equipment Net	0.83	0.5	0.01	0.91		-0.78	-0.69	0.03	0.78	0.93	0.64	0.13	0.82	-0.23	-0.73	-0.07	0.37	0.87	0.04	0.75	0.54	-0.76	0.21	-0.19	0.61	-0.1
Net Debt	-0.87	-0.28	-0.08	-0.91	-0.78		0.72	0.26	-1.0	-0.71	-0.66	0.32	-0.99	0.36	0.52	-0.04	-0.09	-0.94	-0.09	-0.86	-0.24	0.39	0.09	0.13	-0.87	-0.14
Retained Earnings	-0.41	-0.18	0.47	-0.65	-0.69	0.72		0.45	-0.72	-0.59	-0.53	0.09	-0.73	0.77	0.31	0.54	0.0	-0.87	0.45	-0.35	-0.13	0.62	0.15	0.08	-0.87	0.41
Accounts Payable	0.07	-0.07	0.39	-0.12	0.03	0.26	0.45		-0.2	-0.07	-0.51	0.13	-0.21	0.74	-0.31	0.46	0.88	-0.23	0.41	0.08	-0.06	-0.21	0.79	-0.07	-0.4	0.09
Cash	0.87	0.3	0.1	0.9	0.78	-1.0	-0.72	-0.2		0.71	0.61	-0.28	0.99	-0.33	-0.55	0.06	0.15	0.94	0.11	0.86	0.22	-0.43	-0.01	-0.12	0.86	0.14
Non Current Assets Total	0.8	0.55	0.0	0.88	0.93	-0.71	-0.59	-0.07	0.71		0.81	0.14	0.78	-0.17	-0.65	-0.08	0.22	0.81	0.02	0.69	0.79	-0.67	0.05	-0.15	0.54	-0.07
Non Currrent Assets Other	0.61	0.39	-0.08	0.74	0.64	-0.66	-0.53	-0.51	0.61	0.81		-0.15	0.68	-0.31	-0.23	-0.16	-0.27	0.67	-0.1	0.55	0.75	-0.23	-0.47	0.0	0.57	0.02
Other Assets	-0.09	0.65	0.11	-0.18	0.13	0.32	0.09	0.13	-0.28	0.14	-0.15		-0.24	0.08	-0.31	0.0	-0.01	-0.17	0.17	-0.2	0.26	-0.32	0.47	-0.06	-0.48	-0.04
Cash And Short Term Investments	0.89	0.35	0.09	0.93	0.82	-0.99	-0.73	-0.21	0.99	0.78	0.68	-0.24		-0.32	-0.58	0.04	0.14	0.96	0.1	0.87	0.32	-0.46	-0.03	-0.13	0.85	0.12
Net Receivables	0.06	0.02	0.66	-0.23	-0.23	0.36	0.77	0.74	-0.33	-0.17	-0.31	0.08	-0.32		0.02	0.71	0.45	-0.48	0.64	0.11	0.11	0.36	0.5	0.28	-0.62	0.48
Common Stock Shares Outstanding	-0.71	-0.66	-0.41	-0.56	-0.73	0.52	0.31	-0.31	-0.55	-0.65	-0.23	-0.31	-0.58	0.02		-0.34	-0.41	-0.54	-0.45	-0.65	-0.36	0.67	-0.38	0.56	-0.23	-0.26
Inventory	0.38	0.38	0.99	-0.03	-0.07	-0.04	0.54	0.46	0.06	-0.08	-0.16	0.0	0.04	0.71	-0.34		0.18	-0.22	0.98	0.47	-0.04	0.4	0.28	-0.09	-0.38	0.93
Other Current Assets	0.28	-0.11	0.13	0.23	0.37	-0.09	0.0	0.88	0.15	0.22	-0.27	-0.01	0.14	0.45	-0.41	0.18		0.19	0.15	0.27	0.0	-0.5	0.78	-0.01	0.04	-0.17
Other Stockholder Equity	0.77	0.28	-0.16	0.91	0.87	-0.94	-0.87	-0.23	0.94	0.81	0.67	-0.17	0.96	-0.48	-0.54	-0.22	0.19		-0.14	0.72	0.34	-0.64	-0.02	-0.13	0.91	-0.16
Total Liab	0.45	0.55	1.0	0.03	0.04	-0.09	0.45	0.41	0.11	0.02	-0.1	0.17	0.1	0.64	-0.45	0.98	0.15	-0.14		0.51	0.03	0.3	0.34	-0.1	-0.37	0.92
Total Current Assets	0.99	0.44	0.5	0.86	0.75	-0.86	-0.35	0.08	0.86	0.69	0.55	-0.2	0.87	0.11	-0.65	0.47	0.27	0.72	0.51		0.34	-0.25	0.13	-0.13	0.53	0.48
Intangible Assets	0.45	0.49	0.04	0.5	0.54	-0.24	-0.13	-0.06	0.22	0.79	0.75	0.26	0.32	0.11	-0.36	-0.04	0.0	0.34	0.03	0.34		-0.36	-0.13	-0.06	0.08	-0.03
Common Stock	-0.37	-0.27	0.34	-0.54	-0.76	0.39	0.62	-0.21	-0.43	-0.67	-0.23	-0.32	-0.46	0.36	0.67	0.4	-0.5	-0.64	0.3	-0.25	-0.36		-0.37	0.41	-0.43	0.52
Short Long Term Debt Total	0.16	0.15	0.28	0.01	0.21	0.09	0.15	0.79	-0.01	0.05	-0.47	0.47	-0.03	0.5	-0.38	0.28	0.78	-0.02	0.34	0.13	-0.13	-0.37		0.15	-0.25	-0.02
Other Liab	-0.14	-0.24	-0.09	-0.11	-0.19	0.13	0.08	-0.07	-0.12	-0.15	0.0	-0.06	-0.13	0.28	0.56	-0.09	-0.01	-0.13	-0.1	-0.13	-0.06	0.41	0.15		-0.04	-0.09
Net Tangible Assets	0.55	-0.08	-0.37	0.76	0.61	-0.87	-0.87	-0.4	0.86	0.54	0.57	-0.48	0.85	-0.62	-0.23	-0.38	0.04	0.91	-0.37	0.53	0.08	-0.43	-0.25	-0.04		-0.27
Current Deferred Revenue	0.39	0.46	0.94	0.0	-0.1	-0.14	0.41	0.09	0.14	-0.07	0.02	-0.04	0.12	0.48	-0.26	0.93	-0.17	-0.16	0.92	0.48	-0.03	0.52	-0.02	-0.09	-0.27

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Ebang International Account Relationship Matchups

Ebang International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	82.6M	144.2M	385.9M	344.2M	298.2M	200.8M
Other Current Liab	20.5M	28.8M	9.0M	11.5M	9.8M	11.8M
Total Current Liabilities	39.0M	34.3M	14.7M	15.5M	12.0M	11.4M
Total Stockholder Equity	18.0M	103.1M	363.7M	318.9M	279.8M	143.5M
Property Plant And Equipment Net	14.5M	30.0M	36.6M	42.4M	39.3M	20.9M
Net Debt	20.2M	(11.0M)	(236.6M)	(244.1M)	(235.0M)	(223.2M)
Retained Earnings	3.1M	(38.6M)	(34.2M)	(78.1M)	(114.8M)	(109.1M)
Accounts Payable	11.8M	2.8M	3.4M	1.5M	292.6K	277.9K
Cash	3.5M	13.7M	240.0M	251.3M	241.6M	253.7M
Non Current Assets Total	18.3M	75.6M	87.0M	75.1M	47.8M	39.6M
Non Currrent Assets Other	(18.3M)	22.5M	27.0M	22.6M	5.0M	3.8M
Cash And Short Term Investments	3.5M	54.5M	275.5M	257.2M	242.1M	254.2M
Net Receivables	8.1M	8.0M	9.9M	3.3M	946.5K	899.2K
Common Stock Shares Outstanding	5.1M	4.1M	5.9M	6.2M	6.3M	6.0M
Inventory	13.1M	3.8M	8.2M	1.6M	198.8K	188.9K
Other Current Assets	4.1M	2.3M	5.4M	7.0M	7.2M	6.4M
Other Stockholder Equity	12.8M	138.3M	393.7M	397.6M	397.5M	417.3M
Total Liab	57.0M	34.4M	16.9M	22.4M	16.9M	16.1M
Total Current Assets	28.8M	68.6M	298.8M	269.1M	250.4M	156.6M
Intangible Assets	3.8M	23.1M	22.5M	9.2M	2.3M	2.2M
Short Long Term Debt Total	23.7M	2.6M	3.4M	7.3M	6.7M	7.9M
Current Deferred Revenue	1.0M	2.1M	894.2K	1.0M	122.5K	116.4K
Liabilities And Stockholders Equity	82.6M	144.2M	385.9M	344.2M	298.2M	221.5M
Non Current Liabilities Total	17.6M	119.7K	2.2M	6.9M	5.0M	4.6M
Accumulated Other Comprehensive Income	2.0M	3.4M	4.2M	(644.9K)	(2.8M)	(2.7M)
Short Term Debt	5.7M	2.5M	1.4M	1.5M	1.7M	1.6M
Capital Lease Obligations	1.2M	796.3K	3.4M	7.3M	6.7M	3.6M
Net Invested Capital	40.5M	105.0M	363.7M	318.9M	279.8M	219.5M
Property Plant And Equipment Gross	14.5M	30.0M	65.9M	67.2M	66.8M	47.9M
Net Working Capital	24.4M	34.3M	284.1M	253.6M	238.5M	161.9M

Pair Trading with Ebang International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ebang International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ebang International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ebang Stock

0.86

EHGO

Eshallgo Class A

Pair Corr

Moving against Ebang Stock

0.79	CDW	CDW Corp	Pair Corr
0.77	WBX	Wallbox NV	Pair Corr
0.74	DM	Desktop Metal	Pair Corr
0.61	JNPR	Juniper Networks	Pair Corr
0.56	STX	Seagate Technology PLC	Pair Corr

The ability to find closely correlated positions to Ebang International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebang International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ebang International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ebang International Holdings to buy it.

The correlation of Ebang International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ebang International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebang International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ebang International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Ebang International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ebang International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ebang International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ebang International Holdings Stock:

How To Invest In Ebang

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Is Ebang Stock a good investment?

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What is Ebang International's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ebang International. If investors know Ebang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(5.60)

Revenue Per Share

0.572

Quarterly Revenue Growth

(0.48)

Return On Assets

(0.1)

Return On Equity

(0.12)

The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ebang International's market value can be influenced by many factors that don't directly affect Ebang International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Ebang Inventory Turnover vs Payout Ratio Analysis

Inventory Turnover vs Payout Ratio

Inventory Turnover vs Payout Ratio Correlation Analysis

Correlation Coefficient

Inventory Turnover

Payout Ratio

Ebang International fundamental ratios Correlations

Ebang International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ebang International fundamental ratios Accounts

Pair Trading with Ebang International

Moving together with Ebang Stock

Moving against Ebang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.99	Total Assets
Inventory	+ 0.99	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.98	Inventory
Other Stockholder Equity	+ 0.96	Cash And Short Term Investments

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Other Stockholder Equity	- 0.94	Net Debt
Net Debt	- 0.91	Total Stockholder Equity
Net Tangible Assets	- 0.87	Retained Earnings
Other Stockholder Equity	- 0.87	Retained Earnings