Eastern Property Plant Equipment vs Common Stock 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 Property Plant Equipment and its Common Stock 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.

Property Plant Equipment vs Common Stock

Property Plant Equipment vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Iron Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Eastern Iron's Property Plant Equipment and Common Stock is 0.55. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock 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 Property Plant Equipment and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Eastern Iron are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Eastern Iron's Property Plant Equipment and Common Stock go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Property Plant Equipment

Common Stock

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

Other Operating Expenses Total Revenue

Eastern Iron fundamental ratios Correlations

	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	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Other Liab	Non Current Liabilities Total	Inventory	Other Stockholder Equity
Total Assets		-0.27	0.35	0.4	1.0	0.23	-0.7	-0.3	0.36	0.72	0.79	-0.17	0.72	0.12	0.24	0.61	0.11	0.4	0.79	0.76	0.68	0.78	0.26	-0.01	-0.38	-0.3
Short Long Term Debt Total	-0.27		0.06	0.05	-0.28	-0.57	0.4	0.39	0.03	-0.21	-0.21	0.11	-0.21	0.05	-0.07	-0.68	0.09	0.06	-0.21	-0.21	-0.22	-0.19	-0.1	0.25	0.37	0.2
Other Current Liab	0.35	0.06		0.75	0.31	0.1	-0.13	0.23	0.53	0.15	0.36	-0.02	0.15	0.07	-0.31	-0.02	0.55	0.76	0.35	0.18	-0.04	0.34	-0.39	-0.02	0.22	0.13
Total Current Liabilities	0.4	0.05	0.75		0.35	0.19	-0.07	0.19	0.96	0.08	0.43	-0.18	0.08	0.57	-0.17	-0.03	0.72	1.0	0.43	0.18	0.02	0.43	-0.14	0.06	0.14	0.09
Total Stockholder Equity	1.0	-0.28	0.31	0.35		0.22	-0.71	-0.31	0.32	0.73	0.78	-0.16	0.73	0.09	0.26	0.62	0.07	0.36	0.78	0.76	0.7	0.77	0.27	-0.01	-0.39	-0.31
Property Plant And Equipment Net	0.23	-0.57	0.1	0.19	0.22		0.16	0.16	0.19	-0.26	0.55	-0.27	-0.26	0.29	-0.05	0.07	0.21	0.22	0.54	-0.22	-0.11	0.54	0.01	-0.46	0.27	-0.2
Net Debt	-0.7	0.4	-0.13	-0.07	-0.71	0.16		0.34	-0.03	-0.98	-0.15	-0.3	-0.98	0.24	0.0	-0.68	0.09	-0.05	-0.15	-0.97	-0.51	-0.13	-0.01	-0.09	0.43	0.21
Retained Earnings	-0.3	0.39	0.23	0.19	-0.31	0.16	0.34		0.14	-0.29	-0.21	0.59	-0.29	0.27	-0.85	-0.85	0.31	0.22	-0.22	-0.25	-0.86	-0.22	-0.79	-0.2	0.88	0.33
Accounts Payable	0.36	0.03	0.53	0.96	0.32	0.19	-0.03	0.14		0.04	0.4	-0.22	0.04	0.71	-0.09	-0.03	0.68	0.95	0.41	0.15	0.04	0.4	0.0	0.08	0.08	0.06
Cash	0.72	-0.21	0.15	0.08	0.73	-0.26	-0.98	-0.29	0.04		0.15	0.33	1.0	-0.24	0.02	0.6	-0.08	0.06	0.15	0.99	0.53	0.14	0.02	0.13	-0.39	-0.18
Non Current Assets Total	0.79	-0.21	0.36	0.43	0.78	0.55	-0.15	-0.21	0.4	0.15		-0.56	0.15	0.28	0.37	0.37	0.2	0.46	1.0	0.2	0.54	1.0	0.38	-0.13	-0.23	-0.27
Other Assets	-0.17	0.11	-0.02	-0.18	-0.16	-0.27	-0.3	0.59	-0.22	0.33	-0.56		0.33	-0.07	-0.78	-0.34	-0.14	-0.18	-0.57	0.32	-0.53	-0.58	-0.76	-0.11	0.41	0.26
Cash And Short Term Investments	0.72	-0.21	0.15	0.08	0.73	-0.26	-0.98	-0.29	0.04	1.0	0.15	0.33		-0.24	0.02	0.6	-0.08	0.06	0.15	0.99	0.53	0.14	0.02	0.13	-0.39	-0.18
Net Receivables	0.12	0.05	0.07	0.57	0.09	0.29	0.24	0.27	0.71	-0.24	0.28	-0.07	-0.24		-0.16	-0.21	0.16	0.57	0.28	-0.1	-0.15	0.27	-0.08	-0.07	0.18	-0.06
Common Stock Total Equity	0.24	-0.07	-0.31	-0.17	0.26	-0.05	0.0	-0.85	-0.09	0.02	0.37	-0.78	0.02	-0.16		0.56	-0.22	-0.19	0.38	-0.01	0.82	0.41	0.97	0.18	-0.69	-0.33
Common Stock Shares Outstanding	0.61	-0.68	-0.02	-0.03	0.62	0.07	-0.68	-0.85	-0.03	0.6	0.37	-0.34	0.6	-0.21	0.56		-0.23	-0.05	0.38	0.58	0.83	0.37	0.53	0.07	-0.82	-0.35
Other Current Assets	0.11	0.09	0.55	0.72	0.07	0.21	0.09	0.31	0.68	-0.08	0.2	-0.14	-0.08	0.16	-0.22	-0.23		0.74	0.2	-0.04	-0.21	0.2	-0.1	0.03	0.34	0.18
Total Liab	0.4	0.06	0.76	1.0	0.36	0.22	-0.05	0.22	0.95	0.06	0.46	-0.18	0.06	0.57	-0.19	-0.05	0.74		0.46	0.16	-0.01	0.45	-0.15	0.05	0.17	0.09
Property Plant And Equipment Gross	0.79	-0.21	0.35	0.43	0.78	0.54	-0.15	-0.22	0.41	0.15	1.0	-0.57	0.15	0.28	0.38	0.38	0.2	0.46		0.2	0.55	1.0	0.39	-0.11	-0.24	-0.27
Total Current Assets	0.76	-0.21	0.18	0.18	0.76	-0.22	-0.97	-0.25	0.15	0.99	0.2	0.32	0.99	-0.1	-0.01	0.58	-0.04	0.16	0.2		0.52	0.19	0.01	0.12	-0.37	-0.19
Common Stock	0.68	-0.22	-0.04	0.02	0.7	-0.11	-0.51	-0.86	0.04	0.53	0.54	-0.53	0.53	-0.15	0.82	0.83	-0.21	-0.01	0.55	0.52		0.55	0.77	0.15	-0.79	-0.4
Property Plant Equipment	0.78	-0.19	0.34	0.43	0.77	0.54	-0.13	-0.22	0.4	0.14	1.0	-0.58	0.14	0.27	0.41	0.37	0.2	0.45	1.0	0.19	0.55		0.41	-0.11	-0.24	-0.26
Other Liab	0.26	-0.1	-0.39	-0.14	0.27	0.01	-0.01	-0.79	0.0	0.02	0.38	-0.76	0.02	-0.08	0.97	0.53	-0.1	-0.15	0.39	0.01	0.77	0.41		0.17	-0.65	-0.33
Non Current Liabilities Total	-0.01	0.25	-0.02	0.06	-0.01	-0.46	-0.09	-0.2	0.08	0.13	-0.13	-0.11	0.13	-0.07	0.18	0.07	0.03	0.05	-0.11	0.12	0.15	-0.11	0.17		-0.41	0.17
Inventory	-0.38	0.37	0.22	0.14	-0.39	0.27	0.43	0.88	0.08	-0.39	-0.23	0.41	-0.39	0.18	-0.69	-0.82	0.34	0.17	-0.24	-0.37	-0.79	-0.24	-0.65	-0.41		0.15
Other Stockholder Equity	-0.3	0.2	0.13	0.09	-0.31	-0.2	0.21	0.33	0.06	-0.18	-0.27	0.26	-0.18	-0.06	-0.33	-0.35	0.18	0.09	-0.27	-0.19	-0.4	-0.26	-0.33	0.17	0.15

Click cells to compare fundamentals

Eastern Iron Account Relationship Matchups

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Eastern Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC