| ETX Stock | | | USD 18.06 0.07 0.39% |
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance Municipal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance Municipal is a good investment. Please check the relationship between Eaton Vance Long Term Debt and its Long Term Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Long Term Debt vs Long Term Investments
Long Term Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eaton Vance Municipal Long Term Debt account and
Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eaton Vance's Long Term Debt and Long Term Investments is 0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Eaton Vance Municipal, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Eaton Vance Municipal are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Eaton Vance's Long Term Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Eaton Vance Municipal has held for over one year. Long-term debt appears on Eaton Vance Municipal balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Eaton Vance Municipal balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Long Term Investments
Long Term Investments is an item on the asset side of Eaton Vance balance sheet that represents investments Eaton Vance Municipal intends to hold for over a year. Eaton Vance Municipal long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 Municipal 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 Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Eaton Vance's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 17.80 in 2024, whereas
Selling General Administrative is likely to drop slightly above 219.2
K in 2024.
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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