| 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 Payables Turnover 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 Payables Turnover
Payout Ratio vs Payables Turnover 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
Payables Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eaton Vance's Payout Ratio and Payables Turnover is -0.04. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Payables Turnover 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 Payables Turnover 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 Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Payout Ratio i.e., Eaton Vance's Payout Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
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).
Eaton Vance fundamental ratios Correlations
Click cells to compare fundamentals
Eaton Vance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton Vance fundamental ratios Accounts
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