EJH Change In Working Capital vs Depreciation Analysis

EJH Stock  USD 0.77  0.26  25.24%   
E Home financial indicator trend analysis is much more than just examining E Home Household latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether E Home Household is a good investment. Please check the relationship between E Home Change In Working Capital and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E Home Household Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Change In Working Capital vs Depreciation

Change In Working Capital vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E Home Household Change In Working Capital account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between E Home's Change In Working Capital and Depreciation is 0.42. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Depreciation in the same time period over historical financial statements of E Home Household Service, assuming nothing else is changed. The correlation between historical values of E Home's Change In Working Capital and Depreciation 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 In Working Capital of E Home Household Service are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Working Capital i.e., E Home's Change In Working Capital and Depreciation go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Depreciation

Depreciation indicates how much of E Home Household value has been used up. For tax purposes E Home can deduct the cost of the tangible assets it purchases as business expenses. However, E Home Household Service must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from E Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into E Home Household 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 E Home Household Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
The E Home's current Issuance Of Capital Stock is estimated to increase to about 112.3 M, while Selling General Administrative is projected to decrease to under 7.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit19.4M18.6M12.7M14.6M
Total Revenue63.8M68.3M50.7M60.0M

E Home fundamental ratios Correlations

0.860.911.00.810.97-0.98-0.50.810.990.97-0.170.990.450.77-0.80.620.970.860.9-0.10.80.780.330.39-0.94
0.860.820.860.530.95-0.77-0.720.570.770.95-0.410.770.770.64-0.520.270.930.710.69-0.230.650.550.340.45-0.75
0.910.820.90.910.88-0.89-0.330.850.890.88-0.130.890.540.53-0.810.70.860.940.970.080.560.850.40.47-0.95
1.00.860.90.80.97-0.98-0.520.790.990.97-0.180.990.440.79-0.790.60.980.840.89-0.120.810.760.30.36-0.94
0.810.530.910.80.69-0.840.010.920.840.70.130.840.250.41-0.890.880.680.920.970.290.440.90.360.39-0.91
0.970.950.880.970.69-0.91-0.640.710.921.0-0.260.920.610.77-0.690.420.990.80.81-0.180.790.710.30.39-0.87
-0.98-0.77-0.89-0.98-0.84-0.910.45-0.81-1.0-0.910.13-1.0-0.29-0.810.82-0.69-0.94-0.82-0.920.11-0.83-0.77-0.24-0.290.97
-0.5-0.72-0.33-0.520.01-0.640.450.04-0.43-0.620.7-0.43-0.4-0.74-0.040.21-0.68-0.13-0.240.69-0.73-0.020.06-0.040.4
0.810.570.850.790.920.71-0.810.040.830.720.210.830.310.39-0.940.80.670.920.860.20.420.890.40.42-0.81
0.990.770.890.990.840.92-1.0-0.430.830.92-0.111.00.310.79-0.830.690.940.840.91-0.090.810.790.290.34-0.95
0.970.950.880.970.71.0-0.91-0.620.720.92-0.220.920.610.76-0.710.430.980.820.82-0.150.770.720.310.4-0.86
-0.17-0.41-0.13-0.180.13-0.260.130.70.21-0.11-0.22-0.11-0.29-0.28-0.350.07-0.330.0-0.050.58-0.280.19-0.22-0.280.19
0.990.770.890.990.840.92-1.0-0.430.831.00.92-0.110.310.79-0.830.690.940.840.91-0.090.810.790.290.34-0.95
0.450.770.540.440.250.61-0.29-0.40.310.310.61-0.290.310.05-0.210.020.520.520.340.170.060.310.450.55-0.32
0.770.640.530.790.410.77-0.81-0.740.390.790.76-0.280.790.05-0.450.220.830.40.56-0.551.00.42-0.11-0.06-0.7
-0.8-0.52-0.81-0.79-0.89-0.690.82-0.04-0.94-0.83-0.71-0.35-0.83-0.21-0.45-0.75-0.66-0.87-0.84-0.22-0.47-0.86-0.37-0.370.79
0.620.270.70.60.880.42-0.690.210.80.690.430.070.690.020.22-0.750.460.730.790.350.260.640.40.39-0.76
0.970.930.860.980.680.99-0.94-0.680.670.940.98-0.330.940.520.83-0.660.460.760.82-0.240.840.660.270.35-0.89
0.860.710.940.840.920.8-0.82-0.130.920.840.820.00.840.520.4-0.870.730.760.910.20.420.930.590.63-0.86
0.90.690.970.890.970.81-0.92-0.240.860.910.82-0.050.910.340.56-0.840.790.820.910.110.590.870.310.36-0.98
-0.1-0.230.08-0.120.29-0.180.110.690.2-0.09-0.150.58-0.090.17-0.55-0.220.35-0.240.20.11-0.530.160.210.170.05
0.80.650.560.810.440.79-0.83-0.730.420.810.77-0.280.810.061.0-0.470.260.840.420.59-0.530.45-0.09-0.03-0.72
0.780.550.850.760.90.71-0.77-0.020.890.790.720.190.790.310.42-0.860.640.660.930.870.160.450.420.44-0.79
0.330.340.40.30.360.3-0.240.060.40.290.31-0.220.290.45-0.11-0.370.40.270.590.310.21-0.090.420.99-0.29
0.390.450.470.360.390.39-0.29-0.040.420.340.4-0.280.340.55-0.06-0.370.390.350.630.360.17-0.030.440.99-0.34
-0.94-0.75-0.95-0.94-0.91-0.870.970.4-0.81-0.95-0.860.19-0.95-0.32-0.70.79-0.76-0.89-0.86-0.980.05-0.72-0.79-0.29-0.34
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E Home Account Relationship Matchups

E Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.9M74.4M80.5M158.3M178.7M187.7M
Other Current Liab351.5K699.9K1.1M9.8M7.0M7.3M
Total Current Liabilities4.6M7.5M8.2M12.8M12.4M8.1M
Total Stockholder Equity32.8M64.3M64.5M136.9M162.4M170.5M
Net Tangible Assets28.2M32.7M64.3M64.5M74.2M39.7M
Property Plant And Equipment Net9.2M7.8M12.1M72.3M69.9M73.4M
Net Debt(21.2M)(49.7M)(46.2M)(63.7M)(97.9M)(93.0M)
Retained Earnings30.4M36.8M31.4M(3.6M)(23.0M)(21.9M)
Accounts Payable2.6M3.7M3.5M3.8M3.4M3.5M
Cash25.0M52.4M54.8M71.3M100.7M105.7M
Non Current Assets Total12.2M8.6M13.5M74.2M69.9M73.4M
Other Assets4.8M2.6M814.8K1.00.90.86
Cash And Short Term Investments25.0M52.4M54.8M71.3M100.8M105.9M
Net Receivables1.8M826.7K877.9K6.7M1.9M2.4M
Liabilities And Stockholders Equity40.9M74.4M80.5M158.3M178.7M187.7M
Inventory741.7K246.8K11.1K34.3K18.8K17.8K
Other Current Assets1.2M12.3M11.3M6.0M6.1M5.2M
Other Stockholder Equity3.7M25.5M33.5M146.5M171.4M180.0M
Total Liab8.2M10.1M16.0M20.4M15.6M12.5M
Total Current Assets28.7M65.8M67.0M84.0M108.8M56.3M
Accumulated Other Comprehensive Income(1.3M)2.0M(281.0K)(6.4M)(6.5M)(6.2M)
Intangible Assets43.0K36.0K24.0K31.3K2.4K2.3K
Property Plant Equipment8.0M7.4M5.9M11.8M13.5M7.5M
Short Long Term Debt Total3.8M2.7M8.6M7.5M2.8M5.2M
Non Current Liabilities Total3.6M2.6M7.8M7.6M3.1M5.1M
Capital Lease Obligations3.8M2.7M2.7M2.3M1.4M2.4M
Net Invested Capital32.8M64.3M70.5M142.2M163.7M171.9M
Net Working Capital24.1M58.3M58.8M71.2M96.3M53.9M
Short Term Debt250.4K146.2K838.5K1.7M1.5M738.5K
Current Deferred Revenue1.4M3.0M2.3M2.1M501.9K476.8K

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When determining whether E Home Household offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of E Home'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 E Home Household Service Stock. Outlined below are crucial reports that will aid in making a well-informed decision on E Home Household Service Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E Home Household Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Hotels, Restaurants & Leisure 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 E Home. If investors know EJH 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 E Home listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.328
Earnings Share
(239.35)
Revenue Per Share
62.574
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.06)
The market value of E Home Household is measured differently than its book value, which is the value of EJH that is recorded on the company's balance sheet. Investors also form their own opinion of E Home's value that differs from its market value or its book value, called intrinsic value, which is E Home'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 E Home's market value can be influenced by many factors that don't directly affect E Home'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 E Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if E Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Home'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.