Eternal Long Term Investments vs Other Current Liab Analysis

002183 Stock   4.20  0.02  0.47%   
Eternal Asia financial indicator trend analysis is much more than just examining Eternal Asia Supply latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eternal Asia Supply is a good investment. Please check the relationship between Eternal Asia Long Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eternal Asia Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Investments vs Other Current Liab

Long Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eternal Asia Supply Long Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Eternal Asia's Long Term Investments and Other Current Liab is 0.31. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Eternal Asia Supply, assuming nothing else is changed. The correlation between historical values of Eternal Asia's Long Term Investments and Other Current Liab 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 Investments of Eternal Asia Supply are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Investments i.e., Eternal Asia's Long Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Eternal Asia balance sheet that represents investments Eternal Asia Supply intends to hold for over a year. Eternal Asia Supply long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Current Liab

Most indicators from Eternal Asia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eternal Asia Supply 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Eternal Asia Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of January 9, 2025, Selling General Administrative is expected to decline to about 836.5 M. In addition to that, Tax Provision is expected to decline to about 23.7 M
 2022 2023 2024 2025 (projected)
Income Before Tax295.4M161.3M185.5M292.7M
Cost Of Revenue81.4B90.5B104.1B109.3B

Eternal Asia fundamental ratios Correlations

0.251.00.970.980.910.920.560.980.041.00.970.930.210.810.830.830.680.840.70.70.880.810.890.880.87
0.250.220.180.28-0.060.040.560.330.330.240.30.250.670.550.50.480.490.350.080.270.410.310.460.140.49
1.00.220.970.970.930.930.540.970.01.00.960.920.170.790.820.810.640.820.70.680.870.790.880.890.86
0.970.180.970.980.940.930.410.95-0.070.960.960.940.090.730.720.770.560.830.80.580.80.80.820.880.81
0.980.280.970.980.890.890.510.990.020.970.970.950.240.80.80.850.690.870.750.680.880.860.890.860.89
0.91-0.060.930.940.890.930.240.86-0.130.910.90.89-0.160.580.60.640.410.770.780.560.740.730.750.910.72
0.920.040.930.930.890.930.30.85-0.120.930.890.87-0.110.610.630.650.50.760.730.50.690.710.710.840.68
0.560.560.540.410.510.240.30.60.320.560.460.360.780.80.840.70.710.340.020.520.580.350.570.320.58
0.980.330.970.950.990.860.850.60.080.980.970.930.340.840.850.870.710.830.690.730.910.830.920.850.91
0.040.330.0-0.070.02-0.13-0.120.320.080.050.070.040.50.220.150.290.58-0.07-0.240.370.280.040.23-0.070.23
1.00.241.00.960.970.910.930.560.980.050.960.930.20.80.830.830.680.830.680.70.880.80.890.890.87
0.970.30.960.960.970.90.890.460.970.070.960.980.220.740.760.80.660.860.750.70.90.850.910.880.9
0.930.250.920.940.950.890.870.360.930.040.930.980.160.70.70.790.640.90.770.710.90.890.90.880.9
0.210.670.170.090.24-0.16-0.110.780.340.50.20.220.160.550.550.50.630.12-0.180.450.430.20.4-0.030.44
0.810.550.790.730.80.580.610.80.840.220.80.740.70.550.930.960.780.710.520.560.790.710.820.690.83
0.830.50.820.720.80.60.630.840.850.150.830.760.70.550.930.890.770.740.480.650.840.730.860.740.86
0.830.480.810.770.850.640.650.70.870.290.830.80.790.50.960.890.850.80.60.660.850.840.870.730.88
0.680.490.640.560.690.410.50.710.710.580.680.660.640.630.780.770.850.630.260.740.80.680.780.490.78
0.840.350.820.830.870.770.760.340.83-0.070.830.860.90.120.710.740.80.630.80.610.850.970.890.880.89
0.70.080.70.80.750.780.730.020.69-0.240.680.750.77-0.180.520.480.60.260.80.240.570.790.630.850.63
0.70.270.680.580.680.560.50.520.730.370.70.70.710.450.560.650.660.740.610.240.870.680.790.560.78
0.880.410.870.80.880.740.690.580.910.280.880.90.90.430.790.840.850.80.850.570.870.870.990.820.98
0.810.310.790.80.860.730.710.350.830.040.80.850.890.20.710.730.840.680.970.790.680.870.890.850.89
0.890.460.880.820.890.750.710.570.920.230.890.910.90.40.820.860.870.780.890.630.790.990.890.861.0
0.880.140.890.880.860.910.840.320.85-0.070.890.880.88-0.030.690.740.730.490.880.850.560.820.850.860.84
0.870.490.860.810.890.720.680.580.910.230.870.90.90.440.830.860.880.780.890.630.780.980.891.00.84
Click cells to compare fundamentals

Eternal Asia Account Relationship Matchups

Eternal Asia fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets42.3B43.2B52.0B54.2B62.3B65.5B
Other Current Liab1.2B1.6B2.4B165.0M189.8M180.3M
Total Current Liabilities29.2B30.3B38.8B41.1B47.3B49.6B
Total Stockholder Equity6.0B8.6B8.9B9.0B10.4B10.9B
Retained Earnings2.0B2.5B2.3B2.4B2.8B2.9B
Accounts Payable7.4B9.2B14.2B18.8B21.6B22.7B
Cash10.3B9.4B14.1B13.7B15.8B16.6B
Other Assets3.9B2.9B2.8B2.1B2.4B1.9B
Net Receivables12.3B15.9B14.5B15.7B18.0B18.9B
Short Term Investments71.7M157.4M5.1M5.2M6.0M5.7M
Total Liab34.1B32.9B41.4B43.6B50.2B52.7B
Property Plant Equipment2.1B2.1B2.1B2.5B2.9B3.0B
Other Current Assets2.7B3.3B466.6M382.6M440.0M418.0M
Intangible Assets1.2B1.2B1.3B1.1B1.3B691.0M
Inventory5.8B5.4B6.8B7.5B8.6B4.7B
Other Liab221.7M232.2M270.5M226.7M260.7M136.8M
Long Term Debt4.6B2.2B2.1B2.1B2.5B2.1B
Good Will235.8M240.9M344.2M287.2M330.3M211.3M
Net Tangible Assets4.5B4.6B4.6B7.2B8.2B5.2B
Other Stockholder Equity544.8M580.5M519.4M455.2M523.5M553.8M
Deferred Long Term Liab200.6M199.7M197.6M181.9M209.2M203.0M
Short Long Term Debt18.7B16.5B18.9B18.9B21.8B18.3B
Total Current Assets33.1B34.2B41.1B42.8B49.3B38.7B
Non Current Assets Total9.3B9.1B10.9B11.4B13.1B10.5B
Non Currrent Assets Other14.9M17.2M80.6M33.8M30.4M28.9M
Non Current Liabilities Total4.9B2.6B2.6B2.6B2.3B2.5B
Net Debt13.0B9.2B6.8B7.3B6.6B8.9B
Net Invested Capital29.3B27.3B29.8B30.1B34.6B31.8B
Net Working Capital3.8B3.9B2.3B1.7B1.6B2.3B
Property Plant And Equipment Net2.1B2.5B3.7B4.3B4.9B3.2B
Property Plant And Equipment Gross2.7B3.2B4.5B4.3B4.9B3.8B

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Other Information on Investing in Eternal Stock

Balance Sheet is a snapshot of the financial position of Eternal Asia Supply at a specified time, usually calculated after every quarter, six months, or one year. Eternal Asia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eternal Asia and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Eternal currently owns. An asset can also be divided into two categories, current and non-current.