Escalade Other Operating Expenses vs Gross Profit Analysis
ESCA Stock | USD 15.00 0.01 0.07% |
Escalade Incorporated financial indicator trend analysis is much more than just examining Escalade Incorporated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Escalade Incorporated is a good investment. Please check the relationship between Escalade Incorporated Other Operating Expenses and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escalade Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Escalade Incorporated Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Escalade Incorporated's Other Operating Expenses and Gross Profit is 0.96. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Escalade Incorporated, assuming nothing else is changed. The correlation between historical values of Escalade Incorporated's Other Operating Expenses and Gross Profit 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 Operating Expenses of Escalade Incorporated are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Escalade Incorporated's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Escalade Incorporated. It is also known as Escalade Incorporated overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Escalade Incorporated minus its cost of goods sold. It is profit before Escalade Incorporated operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Escalade Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Escalade Incorporated 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 Escalade Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.At present, Escalade Incorporated's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.97, whereas Selling General Administrative is forecasted to decline to about 33.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5M | 3.8M | 5.3M | 5.6M | Depreciation And Amortization | 4.8M | 2.6M | 5.7M | 3.8M |
Escalade Incorporated fundamental ratios Correlations
Click cells to compare fundamentals
Escalade Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Escalade Incorporated fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 148.8M | 220.7M | 251.8M | 298.7M | 253.0M | 265.7M | |
Other Current Liab | 9.7M | 23.4M | 22.8M | 16.9M | 15.2M | 13.0M | |
Total Current Liabilities | 18.2M | 46.1M | 48.2M | 38.9M | 33.3M | 35.0M | |
Total Stockholder Equity | 126.2M | 139.2M | 146.6M | 158.5M | 164.6M | 172.8M | |
Property Plant And Equipment Net | 16.2M | 19.8M | 27.1M | 33.9M | 32.2M | 16.3M | |
Net Debt | (4.7M) | 28.2M | 55.4M | 100.5M | 59.8M | 62.8M | |
Retained Earnings | 112.0M | 125.2M | 133.1M | 144.9M | 160.1M | 168.1M | |
Cash | 5.9M | 3.5M | 4.4M | 4.0M | 16K | 15.2K | |
Non Current Assets Total | 61.9M | 75.3M | 80.7M | 110.5M | 106.2M | 111.5M | |
Non Currrent Assets Other | 77K | 127K | 124K | (1.3M) | 3.0M | 6.0M | |
Cash And Short Term Investments | 5.9M | 3.5M | 4.4M | 4.0M | 16K | 15.2K | |
Net Receivables | 35.5M | 65.3M | 66.0M | 57.4M | 50.0M | 35.1M | |
Common Stock Shares Outstanding | 14.4M | 14.2M | 13.9M | 13.7M | 13.9M | 13.8M | |
Liabilities And Stockholders Equity | 148.8M | 220.7M | 251.8M | 298.7M | 253.0M | 265.7M | |
Non Current Liabilities Total | 4.4M | 35.5M | 57.0M | 101.3M | 55.2M | 57.9M | |
Inventory | 42.3M | 72.5M | 92.4M | 121.9M | 92.5M | 97.1M | |
Other Current Assets | 3.3M | 4.2M | 9.0M | 4.9M | 4.4M | 3.3M | |
Other Stockholder Equity | 30.7M | 28.4M | 13.9M | 13.5M | 13.6M | 0.0 | |
Total Liab | 22.6M | 81.5M | 105.2M | 140.2M | 88.4M | 52.8M | |
Property Plant And Equipment Gross | 16.2M | 18.2M | 24.9M | 33.9M | 67.1M | 70.4M | |
Total Current Assets | 86.9M | 145.4M | 171.1M | 188.2M | 146.8M | 74.6M | |
Short Term Debt | 756K | 1.7M | 8.8M | 8.1M | 8.2M | 10.2M | |
Intangible Assets | 18.8M | 22.6M | 20.8M | 31.1M | 28.6M | 18.9M | |
Accounts Payable | 7.8M | 20.9M | 15.8M | 9.4M | 9.8M | 5.5M | |
Common Stock Total Equity | 14.2M | 13.9M | 13.5M | 13.6M | 15.6M | 12.5M | |
Common Stock | 14.2M | 13.9M | 13.5M | 13.6M | 4.5M | 4.3M | |
Good Will | 26.4M | 26.7M | 32.7M | 42.3M | 48.7M | 51.1M | |
Other Liab | 3.9M | 4.6M | 5.2M | 4.9M | 5.7M | 3.4M | |
Property Plant Equipment | 15.1M | 18.2M | 27.1M | 27.6M | 31.7M | 18.3M | |
Net Tangible Assets | 126.2M | 139.2M | 93.1M | 85.0M | 97.8M | 88.0M | |
Retained Earnings Total Equity | 112.0M | 125.2M | 133.1M | 144.9M | 166.6M | 87.0M | |
Deferred Long Term Liab | 2.5M | 3.4M | 4.2M | 4.5M | 5.2M | 3.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Escalade Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Escalade Incorporated'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 Escalade Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Escalade Incorporated Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escalade Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Leisure Products 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 Escalade Incorporated. If investors know Escalade 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 Escalade Incorporated 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 0.29 | Dividend Share 0.6 | Earnings Share 0.94 | Revenue Per Share 18.314 | Quarterly Revenue Growth (0.08) |
The market value of Escalade Incorporated is measured differently than its book value, which is the value of Escalade that is recorded on the company's balance sheet. Investors also form their own opinion of Escalade Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Escalade Incorporated'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 Escalade Incorporated's market value can be influenced by many factors that don't directly affect Escalade Incorporated'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 Escalade Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Escalade Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Escalade Incorporated'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.