Eddy Price To Sales Ratio vs Average Payables Analysis

EDY Stock

2.50 0.10 3.85%

Eddy Smart financial indicator trend analysis is much more than just examining Eddy Smart Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eddy Smart Home is a good investment. Please check the relationship between Eddy Smart Price To Sales Ratio and its Average Payables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eddy Smart Home. 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.

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eddy Smart Home Price To Sales Ratio account and Average Payables. At this time, the significance of the direction appears to have pay attention.

The correlation between Eddy Smart's Price To Sales Ratio and Average Payables is -0.87. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Eddy Smart Home, assuming nothing else is changed. The correlation between historical values of Eddy Smart's Price To Sales Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Eddy Smart Home are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Price To Sales Ratio i.e., Eddy Smart's Price To Sales Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Eddy Smart Home stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eddy Smart sales, a figure that is much harder to manipulate than other Eddy Smart Home multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Eddy Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eddy Smart Home 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 Eddy Smart Home. 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 drop to about 6.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Other Operating Expenses	297.9K	13.0M	10.3M	6.5M
Depreciation And Amortization	321.3K	692.7K	810.2K	558.4K

Other Operating Expenses Depreciation And Amortization

Eddy Smart fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Currrent Assets Other	Other Assets	Net Receivables	Inventory	Other Current Assets
Total Assets		0.35	0.86	-0.26	0.57	-0.93	0.72	0.72	0.86	0.86	0.67	1.0	0.92	-0.6	0.92	-0.88	0.97	0.95	0.46	0.75	0.94	0.97	0.94	0.98	0.89	0.92
Other Current Liab	0.35		0.36	-0.2	-0.47	-0.37	0.1	0.1	-0.11	0.36	0.15	0.34	0.37	-0.31	0.37	-0.32	0.35	0.37	0.09	0.31	0.37	0.35	0.37	0.36	0.32	0.34
Total Current Liabilities	0.86	0.36		-0.69	0.65	-0.99	0.86	0.86	0.84	1.0	0.24	0.87	0.99	-0.91	0.99	-0.74	0.91	0.97	-0.01	0.9	0.98	0.91	0.98	0.87	0.7	0.78
Total Stockholder Equity	-0.26	-0.2	-0.69		-0.46	0.58	-0.75	-0.75	-0.42	-0.69	0.54	-0.29	-0.58	0.93	-0.58	0.07	-0.45	-0.51	0.73	-0.79	-0.53	-0.44	-0.55	-0.24	0.01	-0.1
Net Debt	0.57	-0.47	0.65	-0.46		-0.64	0.77	0.77	0.91	0.65	0.14	0.58	0.64	-0.59	0.64	-0.43	0.62	0.62	-0.04	0.63	0.62	0.61	0.63	0.54	0.4	0.46
Retained Earnings	-0.93	-0.37	-0.99	0.58	-0.64		-0.84	-0.84	-0.87	-0.99	-0.38	-0.94	-1.0	0.84	-1.0	0.81	-0.96	-1.0	-0.14	-0.88	-1.0	-0.95	-1.0	-0.93	-0.78	-0.85
Cash	0.72	0.1	0.86	-0.75	0.77	-0.84		1.0	0.84	0.86	0.01	0.74	0.82	-0.88	0.82	-0.4	0.86	0.8	-0.21	0.98	0.8	0.85	0.81	0.63	0.37	0.46
Cash And Short Term Investments	0.72	0.1	0.86	-0.75	0.77	-0.84	1.0		0.84	0.86	0.01	0.74	0.82	-0.88	0.82	-0.4	0.86	0.8	-0.21	0.98	0.8	0.85	0.81	0.63	0.37	0.46
Common Stock Shares Outstanding	0.86	-0.11	0.84	-0.42	0.91	-0.87	0.84	0.84		0.84	0.43	0.87	0.87	-0.68	0.87	-0.72	0.87	0.87	0.21	0.77	0.87	0.87	0.87	0.83	0.71	0.76
Total Liab	0.86	0.36	1.0	-0.69	0.65	-0.99	0.86	0.86	0.84		0.24	0.87	0.99	-0.91	0.99	-0.75	0.91	0.97	-0.01	0.9	0.98	0.91	0.98	0.87	0.71	0.78
Net Invested Capital	0.67	0.15	0.24	0.54	0.14	-0.38	0.01	0.01	0.43	0.24		0.65	0.38	0.18	0.38	-0.76	0.47	0.45	0.97	0.02	0.43	0.49	0.41	0.69	0.82	0.76
Total Current Assets	1.0	0.34	0.87	-0.29	0.58	-0.94	0.74	0.74	0.87	0.87	0.65		0.93	-0.62	0.93	-0.87	0.97	0.96	0.44	0.77	0.95	0.98	0.94	0.97	0.87	0.91
Capital Stock	0.92	0.37	0.99	-0.58	0.64	-1.0	0.82	0.82	0.87	0.99	0.38	0.93		-0.84	1.0	-0.83	0.94	1.0	0.14	0.86	1.0	0.94	1.0	0.93	0.79	0.86
Net Working Capital	-0.6	-0.31	-0.91	0.93	-0.59	0.84	-0.88	-0.88	-0.68	-0.91	0.18	-0.62	-0.84		-0.84	0.42	-0.74	-0.8	0.42	-0.92	-0.81	-0.73	-0.82	-0.59	-0.35	-0.46
Common Stock	0.92	0.37	0.99	-0.58	0.64	-1.0	0.82	0.82	0.87	0.99	0.38	0.93	1.0	-0.84		-0.83	0.94	1.0	0.14	0.86	1.0	0.94	1.0	0.93	0.79	0.86
Short Long Term Debt Total	-0.88	-0.32	-0.74	0.07	-0.43	0.81	-0.4	-0.4	-0.72	-0.75	-0.76	-0.87	-0.83	0.42	-0.83		-0.75	-0.86	-0.6	-0.44	-0.85	-0.76	-0.84	-0.96	-1.0	-1.0
Other Liab	0.97	0.35	0.91	-0.45	0.62	-0.96	0.86	0.86	0.87	0.91	0.47	0.97	0.94	-0.74	0.94	-0.75		0.96	0.25	0.89	0.95	1.0	0.95	0.91	0.75	0.8
Net Tangible Assets	0.95	0.37	0.97	-0.51	0.62	-1.0	0.8	0.8	0.87	0.97	0.45	0.96	1.0	-0.8	1.0	-0.86	0.96		0.21	0.84	1.0	0.95	1.0	0.96	0.83	0.89
Property Plant And Equipment Net	0.46	0.09	-0.01	0.73	-0.04	-0.14	-0.21	-0.21	0.21	-0.01	0.97	0.44	0.14	0.42	0.14	-0.6	0.25	0.21		-0.21	0.19	0.27	0.17	0.49	0.66	0.58
Current Deferred Revenue	0.75	0.31	0.9	-0.79	0.63	-0.88	0.98	0.98	0.77	0.9	0.02	0.77	0.86	-0.92	0.86	-0.44	0.89	0.84	-0.21		0.84	0.88	0.85	0.67	0.41	0.5
Accounts Payable	0.94	0.37	0.98	-0.53	0.62	-1.0	0.8	0.8	0.87	0.98	0.43	0.95	1.0	-0.81	1.0	-0.85	0.95	1.0	0.19	0.84		0.95	1.0	0.95	0.83	0.88
Non Currrent Assets Other	0.97	0.35	0.91	-0.44	0.61	-0.95	0.85	0.85	0.87	0.91	0.49	0.98	0.94	-0.73	0.94	-0.76	1.0	0.95	0.27	0.88	0.95		0.95	0.91	0.75	0.81
Other Assets	0.94	0.37	0.98	-0.55	0.63	-1.0	0.81	0.81	0.87	0.98	0.41	0.94	1.0	-0.82	1.0	-0.84	0.95	1.0	0.17	0.85	1.0	0.95		0.94	0.81	0.87
Net Receivables	0.98	0.36	0.87	-0.24	0.54	-0.93	0.63	0.63	0.83	0.87	0.69	0.97	0.93	-0.59	0.93	-0.96	0.91	0.96	0.49	0.67	0.95	0.91	0.94		0.95	0.98
Inventory	0.89	0.32	0.7	0.01	0.4	-0.78	0.37	0.37	0.71	0.71	0.82	0.87	0.79	-0.35	0.79	-1.0	0.75	0.83	0.66	0.41	0.83	0.75	0.81	0.95		0.99
Other Current Assets	0.92	0.34	0.78	-0.1	0.46	-0.85	0.46	0.46	0.76	0.78	0.76	0.91	0.86	-0.46	0.86	-1.0	0.8	0.89	0.58	0.5	0.88	0.81	0.87	0.98	0.99

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Eddy Price To Sales Ratio vs Average Payables Analysis

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Average Payables

Eddy Smart fundamental ratios Correlations

Eddy Smart Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for Eddy Stock Analysis

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Capital Stock
Net Tangible Assets	+ 1.0	Capital Stock
Accounts Payable	+ 1.0	Capital Stock

Other Current Assets	- 1.0	Short Long Term Debt Total
Inventory	- 1.0	Short Long Term Debt Total
Other Assets	- 1.0	Retained Earnings
Accounts Payable	- 1.0	Retained Earnings
Net Tangible Assets	- 1.0	Retained Earnings
Common Stock	- 1.0	Retained Earnings