Eternal Total Current Assets vs Intangible Assets 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 Total Current Assets and its Intangible Assets 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.

Total Current Assets vs Intangible Assets

Total Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eternal Asia Supply Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eternal Asia's Total Current Assets and Intangible Assets is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets 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 Total Current Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Eternal Asia Supply are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Eternal Asia's Total Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.