Eaton Change In Working Capital vs Net Borrowings Analysis

ENX Stock  USD 9.89  0.01  0.10%   
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance New latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance New is a good investment. Please check the relationship between Eaton Vance Change In Working Capital and its Net Borrowings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance New. 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 In Working Capital vs Net Borrowings

Change In Working Capital vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance New Change In Working Capital account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Eaton Vance's Change In Working Capital and Net Borrowings is -0.37. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Eaton Vance New, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Change In Working Capital and Net Borrowings 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 Eaton Vance New are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Working Capital i.e., Eaton Vance's Change In Working Capital and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance New 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 Eaton Vance New. 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.
At this time, Eaton Vance's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.01 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (5.02).
 2021 2022 2023 2024 (projected)
Interest Income11.4M12.7M11.5M10.6M
Net Interest Income10.0M8.3M7.5M8.8M

Eaton Vance fundamental ratios Correlations

0.650.630.88-0.64-0.90.050.33-0.560.12-0.640.920.7-0.90.920.99-0.910.48-0.57-0.090.47-0.870.25-0.070.770.3
0.650.990.66-0.53-0.58-0.70.14-0.4-0.12-0.480.510.49-0.510.520.57-0.540.1-0.39-0.110.47-0.60.430.240.480.47
0.630.990.67-0.54-0.56-0.710.14-0.4-0.09-0.480.50.49-0.490.520.55-0.520.09-0.38-0.10.4-0.570.460.260.460.48
0.880.660.67-0.8-0.88-0.050.27-0.50.17-0.550.810.83-0.80.810.87-0.860.44-0.5-0.040.18-0.840.36-0.140.620.23
-0.64-0.53-0.54-0.80.830.1-0.220.480.080.5-0.56-0.970.65-0.57-0.680.69-0.130.490.05-0.210.85-0.070.15-0.41-0.22
-0.9-0.58-0.56-0.880.83-0.02-0.170.69-0.130.73-0.84-0.860.95-0.85-0.90.81-0.380.70.3-0.430.97-0.240.04-0.78-0.35
0.05-0.7-0.71-0.050.1-0.020.170.070.250.110.180.02-0.090.160.16-0.190.280.050.14-0.290.04-0.35-0.440.03-0.35
0.330.140.140.27-0.22-0.170.170.18-0.150.10.280.23-0.160.290.35-0.410.30.180.470.09-0.21-0.17-0.220.02-0.15
-0.56-0.4-0.4-0.50.480.690.070.18-0.360.95-0.67-0.570.67-0.64-0.550.360.010.990.78-0.150.6-0.47-0.13-0.7-0.55
0.12-0.12-0.090.170.08-0.130.25-0.15-0.36-0.370.160.09-0.140.080.1-0.06-0.13-0.36-0.38-0.220.120.790.390.310.54
-0.64-0.48-0.48-0.550.50.730.110.10.95-0.37-0.69-0.560.73-0.67-0.630.4-0.040.950.67-0.280.64-0.49-0.14-0.75-0.55
0.920.510.50.81-0.56-0.840.180.28-0.670.16-0.690.64-0.891.00.92-0.830.54-0.67-0.270.21-0.810.24-0.180.820.27
0.70.490.490.83-0.97-0.860.020.23-0.570.09-0.560.64-0.680.640.74-0.760.11-0.58-0.110.17-0.840.17-0.150.460.3
-0.9-0.51-0.49-0.80.650.95-0.09-0.160.67-0.140.73-0.89-0.68-0.89-0.90.77-0.510.680.36-0.470.92-0.230.02-0.9-0.31
0.920.520.520.81-0.57-0.850.160.29-0.640.08-0.671.00.64-0.890.92-0.840.56-0.64-0.250.23-0.830.18-0.210.80.23
0.990.570.550.87-0.68-0.90.160.35-0.550.1-0.630.920.74-0.90.92-0.930.5-0.56-0.060.42-0.880.17-0.150.750.25
-0.91-0.54-0.52-0.860.690.81-0.19-0.410.36-0.060.4-0.83-0.760.77-0.84-0.93-0.440.37-0.09-0.290.79-0.120.21-0.63-0.18
0.480.10.090.44-0.13-0.380.280.30.01-0.13-0.040.540.11-0.510.560.5-0.44-0.010.20.06-0.42-0.16-0.360.3-0.3
-0.57-0.39-0.38-0.50.490.70.050.180.99-0.360.95-0.67-0.580.68-0.64-0.560.37-0.010.78-0.170.61-0.45-0.12-0.7-0.53
-0.09-0.11-0.1-0.040.050.30.140.470.78-0.380.67-0.27-0.110.36-0.25-0.06-0.090.20.78-0.050.2-0.46-0.33-0.58-0.51
0.470.470.40.18-0.21-0.43-0.290.09-0.15-0.22-0.280.210.17-0.470.230.42-0.290.06-0.17-0.05-0.49-0.030.330.420.27
-0.87-0.6-0.57-0.840.850.970.04-0.210.60.120.64-0.81-0.840.92-0.83-0.880.79-0.420.610.2-0.49-0.040.14-0.7-0.21
0.250.430.460.36-0.07-0.24-0.35-0.17-0.470.79-0.490.240.17-0.230.180.17-0.12-0.16-0.45-0.46-0.03-0.040.580.420.75
-0.070.240.26-0.140.150.04-0.44-0.22-0.130.39-0.14-0.18-0.150.02-0.21-0.150.21-0.36-0.12-0.330.330.140.580.20.8
0.770.480.460.62-0.41-0.780.030.02-0.70.31-0.750.820.46-0.90.80.75-0.630.3-0.7-0.580.42-0.70.420.20.5
0.30.470.480.23-0.22-0.35-0.35-0.15-0.550.54-0.550.270.3-0.310.230.25-0.18-0.3-0.53-0.510.27-0.210.750.80.5
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Eaton Vance Account Relationship Matchups

Eaton Vance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets393.2M368.5M321.7M279.5M251.5M286.4M
Total Stockholder Equity240.0M240.4M178.0M174.4M157.0M185.8M
Net Tangible Assets244.3M240.0M240.4M178.0M160.2M194.5M
Retained Earnings10.2M10.8M(50.1M)(53.7M)(48.3M)(45.9M)
Accounts Payable371.0K221.4K6.4M3.9M3.5M3.7M
Net Receivables4.7M5.0M17.2M19.2M22.1M23.2M
Total Liab153.2M128.1M143.7M105.1M120.8M138.4M
Long Term Investments1.7B363.5M303.9M260.2M299.2M499.3M
Short Long Term Debt Total149.6M126.0M129.0M86.2M77.6M109.4M
Other Current Liab(371.0K)(1.8M)(12.8M)(7.7M)(7.0M)(6.6M)
Total Current Liabilities371.0K221.4K6.4M22.5M25.9M27.2M
Net Debt149.4M126.0M128.4M86.2M77.6M108.3M
Non Current Assets Total388.4M363.5M303.9M260.2M234.1M278.7M
Non Currrent Assets Other(388.4M)(363.5M)(303.9M)(260.2M)(299.2M)(314.1M)
Liabilities And Stockholders Equity393.2M368.5M321.7M279.5M251.5M285.3M
Non Current Liabilities Total149.6M126.0M6.4M86.2M99.2M104.1M
Total Current Assets4.8M5.0M17.2M19.2M22.1M23.2M
Other Current Assets(4.8M)(5.0M)550K(19.2M)(17.3M)(16.4M)
Net Invested Capital389.6M366.4M307.0M260.7M234.6M277.2M

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When running Eaton Vance's price analysis, check to measure Eaton Vance'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 Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.