Eagle Payables Turnover from 2010 to 2024

ECC Stock  USD 9.09  0.02  0.22%   
Eagle Point's Payables Turnover is decreasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 1.08. Payables Turnover is a liquidity ratio that shows how quickly Eagle Point Credit pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.14
Current Value
1.08
Quarterly Volatility
55.75050676
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eagle Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eagle Point's main balance sheet or income statement drivers, such as Interest Expense of 10.3 M, Selling General Administrative of 39.8 M or Total Revenue of 146 M, as well as many indicators such as Price To Sales Ratio of 4.82, Dividend Yield of 0.22 or PTB Ratio of 0.73. Eagle financial statements analysis is a perfect complement when working with Eagle Point Valuation or Volatility modules.
  
Check out the analysis of Eagle Point Correlation against competitors.

Latest Eagle Point's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Eagle Point Credit over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Eagle Point's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eagle Point's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Eagle Payables Turnover Regression Statistics

Arithmetic Mean51.93
Geometric Mean10.86
Coefficient Of Variation107.35
Mean Deviation53.74
Median2.35
Standard Deviation55.75
Sample Variance3,108
Range109
R-Value(0.87)
Mean Square Error827.92
R-Squared0.75
Significance0.000028
Slope(10.82)
Total Sum of Squares43,514

Eagle Payables Turnover History

2024 1.08
2022 0.99
2021 1.14
2018 2.35
2017 1.01

About Eagle Point Financial Statements

Eagle Point stakeholders use historical fundamental indicators, such as Eagle Point's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Eagle Point investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eagle Point's assets and liabilities are reflected in the revenues and expenses on Eagle Point's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eagle Point Credit. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.14  1.08 

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When determining whether Eagle Point Credit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Point'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 Eagle Point Credit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Point Credit Stock:
Check out the analysis of Eagle Point Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Asset Management & Custody Banks 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 Eagle Point. If investors know Eagle 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 Eagle Point 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
0.181
Earnings Share
1.71
Revenue Per Share
1.621
Quarterly Revenue Growth
0.332
Return On Assets
0.0712
The market value of Eagle Point Credit is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point'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 Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point'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 Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point'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.