Eton Free Cash Flow Yield vs Free Cash Flow Per Share Analysis

ETON Stock

USD 12.11 0.07 0.58%

Eton Pharmaceuticals financial indicator trend analysis is much more than just examining Eton Pharmaceuticals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eton Pharmaceuticals is a good investment. Please check the relationship between Eton Pharmaceuticals Free Cash Flow Yield and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eton Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Eton Stock, please use our How to Invest in Eton Pharmaceuticals guide.

Free Cash Flow Yield vs Free Cash Flow Per Share

Free Cash Flow Yield vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eton Pharmaceuticals Free Cash Flow Yield account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Eton Pharmaceuticals' Free Cash Flow Yield and Free Cash Flow Per Share is 0.98. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Eton Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Eton Pharmaceuticals' Free Cash Flow Yield and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Eton Pharmaceuticals are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow Yield i.e., Eton Pharmaceuticals' Free Cash Flow Yield and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from Eton Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eton Pharmaceuticals 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 Eton Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Eton Stock, please use our How to Invest in Eton Pharmaceuticals guide.At this time, Eton Pharmaceuticals' Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value is likely to grow to about 71.5 M, while Selling General Administrative is likely to drop about 12.9 M.

	2023	2024 (projected)
Depreciation And Amortization	901K	783.6K
Interest Income	323.2K	244.8K

Depreciation And Amortization Interest Income

Eton Pharmaceuticals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Common Stock
Total Assets		0.68	0.73	0.64	0.89	0.31	-0.31	-0.9	0.93	0.82	0.81	-0.32	0.16	0.82	0.94	0.44	0.42	0.94	0.58	0.93	0.84	0.95	0.5	0.98	0.52	0.94
Other Current Liab	0.68		0.99	0.04	0.42	-0.09	-0.15	-0.75	0.57	0.47	0.73	-0.64	-0.23	0.47	0.65	0.59	-0.09	0.63	0.1	0.66	0.76	0.54	0.23	0.61	-0.19	0.66
Total Current Liabilities	0.73	0.99		0.1	0.47	-0.08	-0.16	-0.79	0.64	0.52	0.75	-0.66	-0.17	0.52	0.7	0.61	-0.04	0.68	0.19	0.71	0.79	0.59	0.24	0.67	-0.11	0.7
Total Stockholder Equity	0.64	0.04	0.1		0.75	0.3	-0.71	-0.29	0.51	0.81	0.19	0.18	0.16	0.81	0.44	-0.32	0.17	0.43	0.32	0.4	0.16	0.62	0.31	0.74	0.87	0.43
Net Tangible Assets	0.89	0.42	0.47	0.75		0.62	-0.38	-0.79	0.8	0.81	0.61	0.09	0.3	0.81	0.84	0.13	0.54	0.84	0.6	0.83	0.62	0.97	0.72	0.91	0.75	0.86
Property Plant And Equipment Net	0.31	-0.09	-0.08	0.3	0.62		-0.05	-0.35	0.31	0.34	0.13	0.71	0.65	0.34	0.42	-0.15	0.64	0.43	0.41	0.4	0.23	0.55	0.94	0.34	0.54	0.43
Net Debt	-0.31	-0.15	-0.16	-0.71	-0.38	-0.05		-0.04	-0.17	-0.77	0.2	-0.13	-0.07	-0.77	-0.02	0.6	0.4	0.0	0.33	0.01	0.15	-0.2	-0.13	-0.45	-0.5	-0.02
Retained Earnings	-0.9	-0.75	-0.79	-0.29	-0.79	-0.35	-0.04		-0.9	-0.56	-0.91	0.4	-0.17	-0.56	-0.97	-0.69	-0.57	-0.96	-0.65	-0.98	-0.94	-0.91	-0.54	-0.83	-0.29	-0.98
Accounts Payable	0.93	0.57	0.64	0.51	0.8	0.31	-0.17	-0.9		0.73	0.76	-0.37	0.41	0.73	0.91	0.55	0.6	0.91	0.68	0.92	0.85	0.88	0.45	0.91	0.53	0.92
Cash	0.82	0.47	0.52	0.81	0.81	0.34	-0.77	-0.56	0.73		0.38	-0.05	0.31	1.0	0.63	-0.08	0.14	0.62	0.21	0.61	0.47	0.74	0.49	0.89	0.67	0.63
Non Current Assets Total	0.81	0.73	0.75	0.19	0.61	0.13	0.2	-0.91	0.76	0.38		-0.55	-0.12	0.38	0.91	0.79	0.48	0.91	0.53	0.92	0.94	0.78	0.32	0.69	0.06	0.9
Non Currrent Assets Other	-0.32	-0.64	-0.66	0.18	0.09	0.71	-0.13	0.4	-0.37	-0.05	-0.55		0.43	-0.05	-0.29	-0.7	0.17	-0.28	-0.04	-0.33	-0.49	-0.09	0.51	-0.23	0.39	-0.29
Other Assets	0.16	-0.23	-0.17	0.16	0.3	0.65	-0.07	-0.17	0.41	0.31	-0.12	0.43		0.31	0.21	-0.04	0.58	0.21	0.42	0.21	0.15	0.26	0.56	0.24	0.51	0.22
Cash And Short Term Investments	0.82	0.47	0.52	0.81	0.81	0.34	-0.77	-0.56	0.73	1.0	0.38	-0.05	0.31		0.63	-0.08	0.14	0.62	0.21	0.61	0.47	0.74	0.49	0.89	0.67	0.63
Common Stock Total Equity	0.94	0.65	0.7	0.44	0.84	0.42	-0.02	-0.97	0.91	0.63	0.91	-0.29	0.21	0.63		0.62	0.62	1.0	0.68	0.99	0.94	0.95	0.59	0.88	0.39	0.99
Common Stock Shares Outstanding	0.44	0.59	0.61	-0.32	0.13	-0.15	0.6	-0.69	0.55	-0.08	0.79	-0.7	-0.04	-0.08	0.62		0.41	0.62	0.52	0.64	0.81	0.37	0.01	0.3	-0.32	0.61
Non Current Liabilities Total	0.42	-0.09	-0.04	0.17	0.54	0.64	0.4	-0.57	0.6	0.14	0.48	0.17	0.58	0.14	0.62	0.41		0.63	0.79	0.63	0.51	0.61	0.54	0.37	0.49	0.63
Capital Surpluse	0.94	0.63	0.68	0.43	0.84	0.43	0.0	-0.96	0.91	0.62	0.91	-0.28	0.21	0.62	1.0	0.62	0.63		0.69	0.99	0.94	0.95	0.59	0.87	0.4	0.99
Other Current Assets	0.58	0.1	0.19	0.32	0.6	0.41	0.33	-0.65	0.68	0.21	0.53	-0.04	0.42	0.21	0.68	0.52	0.79	0.69		0.69	0.58	0.68	0.41	0.56	0.52	0.7
Other Stockholder Equity	0.93	0.66	0.71	0.4	0.83	0.4	0.01	-0.98	0.92	0.61	0.92	-0.33	0.21	0.61	0.99	0.64	0.63	0.99	0.69		0.94	0.95	0.57	0.87	0.38	1.0
Total Liab	0.84	0.76	0.79	0.16	0.62	0.23	0.15	-0.94	0.85	0.47	0.94	-0.49	0.15	0.47	0.94	0.81	0.51	0.94	0.58	0.94		0.79	0.45	0.74	0.09	0.92
Net Invested Capital	0.95	0.54	0.59	0.62	0.97	0.55	-0.2	-0.91	0.88	0.74	0.78	-0.09	0.26	0.74	0.95	0.37	0.61	0.95	0.68	0.95	0.79		0.68	0.93	0.62	0.96
Property Plant And Equipment Gross	0.5	0.23	0.24	0.31	0.72	0.94	-0.13	-0.54	0.45	0.49	0.32	0.51	0.56	0.49	0.59	0.01	0.54	0.59	0.41	0.57	0.45	0.68		0.52	0.45	0.6
Total Current Assets	0.98	0.61	0.67	0.74	0.91	0.34	-0.45	-0.83	0.91	0.89	0.69	-0.23	0.24	0.89	0.88	0.3	0.37	0.87	0.56	0.87	0.74	0.93	0.52		0.63	0.88
Net Working Capital	0.52	-0.19	-0.11	0.87	0.75	0.54	-0.5	-0.29	0.53	0.67	0.06	0.39	0.51	0.67	0.39	-0.32	0.49	0.4	0.52	0.38	0.09	0.62	0.45	0.63		0.42
Common Stock	0.94	0.66	0.7	0.43	0.86	0.43	-0.02	-0.98	0.92	0.63	0.9	-0.29	0.22	0.63	0.99	0.61	0.63	0.99	0.7	1.0	0.92	0.96	0.6	0.88	0.42

Click cells to compare fundamentals

Eton Pharmaceuticals Account Relationship Matchups

Eton Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.1M	26.3M	27.5M	25.0M	31.7M	26.6M
Other Current Liab	1.4M	1.2M	1.4M	3.7M	9.0M	9.5M
Total Current Liabilities	2.0M	3.8M	4.6M	6.5M	16.2M	17.1M
Total Stockholder Equity	10.6M	15.7M	17.6M	13.1M	15.5M	12.7M
Net Tangible Assets	9.8M	15.1M	14.0M	8.3M	9.6M	12.2M
Property Plant And Equipment Net	1.3M	1.0M	219K	260K	150K	142.5K
Net Debt	(7.5M)	(14.2M)	(7.7M)	(9.8M)	(16.0M)	(16.8M)
Retained Earnings	(64.2M)	(92.2M)	(94.1M)	(103.1M)	(104.1M)	(109.3M)
Accounts Payable	575K	2.3M	1.8M	1.8M	1.8M	1.6M
Cash	12.1M	21.3M	14.4M	16.3M	21.4M	19.7M
Non Current Assets Total	2.1M	1.6M	3.9M	5.0M	4.9M	2.9M
Non Currrent Assets Other	61K	40K	21K	12K	10.8K	10.3K
Other Assets	61K	232K	21K	12K	10.8K	10.3K
Long Term Debt	4.5M	6.8M	5.3M	5.4M	6.2M	4.0M
Cash And Short Term Investments	12.1M	21.3M	14.4M	16.3M	21.4M	19.7M
Retained Earnings Total Equity	(45.9M)	(64.2M)	(92.2M)	(103.1M)	(92.8M)	(97.5M)
Common Stock Shares Outstanding	17.8M	21.0M	25.2M	25.1M	25.6M	21.6M
Liabilities And Stockholders Equity	17.1M	26.3M	27.5M	25.0M	31.7M	26.6M
Non Current Liabilities Total	4.6M	6.9M	5.3M	5.5M	22K	20.9K
Capital Surpluse	72.2M	74.7M	107.8M	116.2M	133.6M	82.0M
Inventory	380K	1.2M	550K	557K	911K	572K
Other Current Assets	2.1M	4.2M	6.4M	1.3M	1.1M	1.1M
Other Stockholder Equity	74.7M	107.8M	111.7M	116.2M	119.5M	97.9M
Total Liab	6.5M	10.7M	9.8M	12.0M	16.3M	9.2M
Net Invested Capital	15.1M	22.7M	24.3M	19.5M	20.9M	19.2M
Property Plant And Equipment Gross	1.3M	1.0M	219K	260K	545K	479.5K
Total Current Assets	15.0M	24.7M	23.6M	20.0M	26.8M	23.7M
Net Working Capital	13.0M	20.9M	19.0M	13.5M	10.6M	13.2M
Short Term Debt	133K	280K	1.4M	1.0M	5.4M	5.6M
Intangible Assets	725K	575K	3.6M	4.8M	4.7M	5.0M
Property Plant Equipment	1.3M	1.0M	219K	72K	64.8K	61.6K

Pair Trading with Eton Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eton Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eton Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eton Stock

0.87	ESPR	Esperion Therapeutics	Pair Corr
0.94	BMY	Bristol Myers Squibb	Pair Corr

Moving against Eton Stock

0.91	TTOO	T2 Biosystms	Pair Corr
0.89	AMGN	Amgen Inc	Pair Corr
0.85	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.83	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.82	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

The ability to find closely correlated positions to Eton Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eton Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eton Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eton Pharmaceuticals to buy it.

The correlation of Eton Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eton Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eton Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eton Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Eton Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eton Pharmaceuticals' 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 Eton Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eton Pharmaceuticals Stock:

How To Invest In Eton

Details

Is Eton Stock a good investment?

Details

What is Eton Pharmaceuticals' Net Worth?

Details

Largest Pharmaceuticals Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eton Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Eton Stock, please use our How to Invest in Eton Pharmaceuticals guide.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Pharmaceuticals 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 Eton Pharmaceuticals. If investors know Eton 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 Eton Pharmaceuticals 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

(0.13)

Earnings Share

(0.26)

Revenue Per Share

1.219

Quarterly Revenue Growth

(0.24)

Return On Assets

(0.12)

The market value of Eton Pharmaceuticals is measured differently than its book value, which is the value of Eton that is recorded on the company's balance sheet. Investors also form their own opinion of Eton Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Eton Pharmaceuticals' 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 Eton Pharmaceuticals' market value can be influenced by many factors that don't directly affect Eton Pharmaceuticals' 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 Eton Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eton Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eton Pharmaceuticals' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Eton Free Cash Flow Yield vs Free Cash Flow Per Share Analysis

Free Cash Flow Yield vs Free Cash Flow Per Share

Free Cash Flow Yield vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Free Cash Flow Per Share

Eton Pharmaceuticals fundamental ratios Correlations

Eton Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eton Pharmaceuticals fundamental ratios Accounts

Pair Trading with Eton Pharmaceuticals

Moving together with Eton Stock

Moving against Eton Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Capital Surpluse	+ 1.0	Common Stock Total Equity
Common Stock	+ 1.0	Other Stockholder Equity
Total Current Liabilities	+ 0.99	Other Current Liab
Other Stockholder Equity	+ 0.99	Common Stock Total Equity
Common Stock	+ 0.99	Common Stock Total Equity

Common Stock	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Total Equity	- 0.97	Retained Earnings
Capital Surpluse	- 0.96	Retained Earnings
Total Liab	- 0.94	Retained Earnings
Net Invested Capital	- 0.91	Retained Earnings