Eaton Payout Ratio vs Days Payables Outstanding 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 Payout Ratio and its Days Payables Outstanding 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.

Payout Ratio vs Days Payables Outstanding

Payout Ratio vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance New Payout Ratio account and Days Payables Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eaton Vance's Payout Ratio and Days Payables Outstanding is 0.26. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Days Payables Outstanding 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 Payout Ratio and Days Payables Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Eaton Vance New are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Payout Ratio i.e., Eaton Vance's Payout Ratio and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Payout Ratio

Payout Ratio is the proportion of Eaton Vance New earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Eaton Vance New dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Eaton Vance New is paying out more in dividends than it makes in net income.

Days Payables Outstanding

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 0.16 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.