Eastern Change To Netincome vs Other Non Cash Items Analysis
EFE Stock | 0.03 0 13.33% |
Eastern Iron financial indicator trend analysis is much more than just examining Eastern Iron latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern Iron is a good investment. Please check the relationship between Eastern Iron Change To Netincome and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Iron. 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.
Change To Netincome vs Other Non Cash Items
Change To Netincome vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Iron Change To Netincome account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eastern Iron's Change To Netincome and Other Non Cash Items is 0.67. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Eastern Iron, assuming nothing else is changed. The correlation between historical values of Eastern Iron's Change To Netincome and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Eastern Iron are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Netincome i.e., Eastern Iron's Change To Netincome and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Change To Netincome
Other Non Cash Items
Most indicators from Eastern Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern Iron 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 Iron. 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 282.3 K in 2024. Issuance Of Capital Stock is likely to drop to about 3.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 2.8M | 689.3K | 508.6K | 801.5K | Total Revenue | 23.0 | 71.7K | 184.2K | 242.5K |
Eastern Iron fundamental ratios Correlations
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Eastern Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastern Iron fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.3M | 5.1M | 8.9M | 13.2M | 12.4M | 7.2M | |
Other Current Liab | 41.2K | 41.8K | 82.4K | 124.2K | 72.5K | 57.8K | |
Total Current Liabilities | 103.1K | 97.7K | 233.1K | 305.5K | 182.4K | 155.5K | |
Total Stockholder Equity | 3.2M | 5.0M | 8.6M | 12.9M | 12.2M | 7.0M | |
Property Plant And Equipment Net | 1.3K | 536.0 | 1.8K | 880.0 | 8.0M | 8.4M | |
Net Debt | (109.8K) | (1.5M) | (4.6M) | (5.9M) | (4.3M) | (4.1M) | |
Retained Earnings | (11.8M) | (12.4M) | (13.8M) | (14.3M) | (14.4M) | (13.7M) | |
Accounts Payable | 62.0K | 55.9K | 150.6K | 181.3K | 109.9K | 97.7K | |
Cash | 109.8K | 1.5M | 4.6M | 5.9M | 4.3M | 2.4M | |
Non Current Assets Total | 3.2M | 3.5M | 4.2M | 7.2M | 8.0M | 4.6M | |
Cash And Short Term Investments | 109.8K | 1.5M | 4.6M | 5.9M | 4.3M | 2.4M | |
Net Receivables | 883.0 | 34.4K | 17.6K | 96.2K | 80.6K | 87.5K | |
Liabilities And Stockholders Equity | 3.3M | 5.1M | 8.9M | 13.2M | 12.4M | 7.2M | |
Other Current Assets | 14.6K | 18.5K | 25.6K | 18.1K | 18.3K | 20.4K | |
Total Liab | 103.1K | 97.7K | 233.1K | 305.5K | 182.4K | 159.5K | |
Property Plant And Equipment Gross | 3.2M | 3.6M | 4.2M | 7.2M | 8.0M | 4.6M | |
Total Current Assets | 125.3K | 1.5M | 4.7M | 6.0M | 4.4M | 2.6M | |
Accumulated Other Comprehensive Income | (805.9K) | 201.5K | 931.9K | (607.0K) | 281.9K | 296.0K | |
Common Stock | 15.0M | 17.2M | 21.5M | 27.9M | 26.4M | 15.3M | |
Property Plant Equipment | 3.2M | 3.5M | 4.2M | 7.2M | 8.3M | 4.3M | |
Other Stockholder Equity | 805.9K | (853.6K) | (375.5K) | (607.0K) | (546.3K) | (573.6K) | |
Net Tangible Assets | 3.2M | 5.0M | 8.6M | 12.9M | 14.9M | 15.6M | |
Non Currrent Assets Other | 3.2M | 3.5M | 4.2M | 7.2M | 8.0M | 8.4M | |
Net Invested Capital | 3.2M | 5.0M | 8.6M | 12.9M | 12.2M | 7.4M | |
Cash And Equivalents | 479.4K | 109.8K | 1.5M | 4.6M | 5.3M | 5.6M | |
Net Working Capital | 22.2K | 1.5M | 4.4M | 5.7M | 4.2M | 2.6M |
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When running Eastern Iron's price analysis, check to measure Eastern Iron'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 Eastern Iron is operating at the current time. Most of Eastern Iron's value examination focuses on studying past and present price action to predict the probability of Eastern Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Iron's price. Additionally, you may evaluate how the addition of Eastern Iron to your portfolios can decrease your overall portfolio volatility.