Eastern Other Non Cash Items vs Capital Expenditures Analysis
| EML Stock | USD 28.98 0.01 0.03% |
Eastern financial indicator trend analysis is much more than just examining Eastern latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern is a good investment. Please check the relationship between Eastern Other Non Cash Items and its Capital Expenditures accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Other Non Cash Items vs Capital Expenditures
Other Non Cash Items vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Other Non Cash Items account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eastern's Other Non Cash Items and Capital Expenditures is -0.06. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Eastern Co, assuming nothing else is changed. The correlation between historical values of Eastern's Other Non Cash Items and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Eastern Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Other Non Cash Items i.e., Eastern's Other Non Cash Items and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Non Cash Items
Capital Expenditures
Capital Expenditures are funds used by Eastern to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Eastern operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern 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 Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Eastern's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 1.5 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.03.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 2.3M | 3.5M | 3.7M | Depreciation And Amortization | 7.2M | 7.2M | 7.5M | 4.2M |
Eastern fundamental ratios Correlations
Click cells to compare fundamentals
Eastern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastern fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 280.7M | 275.5M | 266.3M | 261.5M | 252.0M | 264.6M | |
| Short Long Term Debt Total | 111.1M | 101.5M | 82.6M | 76.4M | 62.1M | 65.2M | |
| Other Current Liab | 6.8M | 10.1M | 9.8M | 7.3M | 9.9M | 5.3M | |
| Total Current Liabilities | 31.9M | 40.7M | 49.6M | 47.0M | 42.7M | 44.9M | |
| Total Stockholder Equity | 105.4M | 104.3M | 114.6M | 126.6M | 132.5M | 139.1M | |
| Property Plant And Equipment Net | 54.4M | 52.7M | 39.4M | 38.3M | 45.5M | 26.2M | |
| Net Debt | 93.1M | 85.4M | 76.4M | 66.2M | 53.8M | 56.5M | |
| Retained Earnings | 120.2M | 122.8M | 129.4M | 139.0M | 144.8M | 152.0M | |
| Cash | 18.0M | 16.1M | 6.2M | 10.2M | 8.3M | 9.2M | |
| Non Current Assets Total | 165.7M | 163.8M | 142.7M | 136.2M | 139.8M | 146.8M | |
| Non Currrent Assets Other | (5.3B) | 1.7M | 2.7M | 2.3M | 2.7M | 2.8M | |
| Cash And Short Term Investments | 18.0M | 16.1M | 6.2M | 10.2M | 9.3M | 9.2M | |
| Net Receivables | 37.9M | 31.8M | 44.2M | 43.9M | 37.6M | 39.5M | |
| Common Stock Shares Outstanding | 6.3M | 6.3M | 6.3M | 6.2M | 6.3M | 4.9M | |
| Liabilities And Stockholders Equity | 280.7M | 275.5M | 266.3M | 261.5M | 252.0M | 264.6M | |
| Non Current Liabilities Total | 143.3M | 130.6M | 102.2M | 87.9M | 76.8M | 80.7M | |
| Inventory | 54.6M | 53.1M | 62.9M | 64.6M | 59.3M | 62.2M | |
| Other Current Assets | 4.3M | 21.5M | 10.5M | 6.6M | 6.0M | 3.7M | |
| Total Liab | 175.2M | 171.2M | 151.7M | 134.9M | 119.6M | 125.5M | |
| Property Plant And Equipment Gross | 54.4M | 88.2M | 28.3M | 56.1M | 77.5M | 81.4M | |
| Total Current Assets | 114.9M | 111.7M | 123.7M | 125.3M | 112.2M | 59.8M | |
| Accumulated Other Comprehensive Income | (25.2M) | (29.5M) | (26.5M) | (23.4M) | (23.0M) | (21.8M) | |
| Short Term Debt | 5.2M | 9.3M | 10.2M | 12.1M | 7.5M | 7.9M | |
| Intangible Assets | 111.4M | 32.5M | 28.3M | 24.3M | 20.8M | 21.9M | |
| Accounts Payable | 20.0M | 21.3M | 29.6M | 27.6M | 25.3M | 26.6M | |
| Common Stock Total Equity | 30.7M | 31.5M | 32.6M | 33.6M | 38.6M | 22.0M | |
| Common Stock | 30.7M | 31.5M | 32.6M | 33.6M | 34.0M | 21.9M | |
| Other Liab | 37.4M | 38.4M | 29.7M | 23.6M | 27.1M | 20.2M | |
| Long Term Debt | 93.6M | 82.3M | 63.8M | 55.1M | 41.1M | 26.3M | |
| Good Will | 79.5M | 76.9M | 72.2M | 70.8M | 70.8M | 74.3M | |
| Property Plant Equipment | 42.0M | 52.7M | 28.3M | 26.1M | 30.0M | 30.6M | |
| Current Deferred Revenue | 7.3M | 5.3B | 2.9M | 9.2M | 8.3M | 7.9M | |
| Net Tangible Assets | 117.8M | (5.1M) | 114.6M | 126.6M | 145.6M | 91.4M | |
| Retained Earnings Total Equity | 120.2M | 122.8M | (129.4M) | 139.0M | 125.1M | 64.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Industrial Machinery & Supplies & 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 Eastern. If investors know Eastern 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 Eastern 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 1.545 | Dividend Share 0.44 | Earnings Share 2 | Revenue Per Share 45.732 | Quarterly Revenue Growth 0.15 |
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern'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 Eastern's market value can be influenced by many factors that don't directly affect Eastern'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 Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern'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.