Eoptolink Long Term Investments vs Non Currrent Assets Other Analysis

300502 Stock   133.70  1.52  1.15%   
Eoptolink Technology financial indicator trend analysis is much more than just examining Eoptolink Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eoptolink Technology is a good investment. Please check the relationship between Eoptolink Technology Long Term Investments and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eoptolink Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Investments vs Non Currrent Assets Other

Long Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eoptolink Technology Long Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Eoptolink Technology's Long Term Investments and Non Currrent Assets Other is 0.32. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Eoptolink Technology, assuming nothing else is changed. The correlation between historical values of Eoptolink Technology's Long Term Investments and Non Currrent Assets Other 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 Eoptolink Technology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Investments i.e., Eoptolink Technology's Long Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

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

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Eoptolink Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eoptolink Technology 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 Eoptolink Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 18, 2024, Selling General Administrative is expected to decline to about 44.4 M. In addition to that, Tax Provision is expected to decline to about 64.6 M
 2021 2022 2023 2024 (projected)
Operating Income772.9M899.8M708.4M743.8M
Total Revenue2.9B3.3B3.1B3.3B

Eoptolink Technology fundamental ratios Correlations

0.250.981.00.980.870.980.790.810.840.050.990.840.890.990.861.0-0.640.930.940.76-0.80.850.680.750.77
0.250.330.230.210.40.130.320.410.550.380.330.170.420.230.150.22-0.260.380.140.07-0.320.240.080.31-0.15
0.980.330.980.930.930.950.710.830.910.041.00.740.880.950.760.98-0.680.960.870.65-0.840.760.550.790.68
1.00.230.980.980.860.980.80.80.830.060.990.850.890.990.871.0-0.630.920.950.78-0.790.860.690.750.78
0.980.210.930.980.780.940.870.80.760.080.950.920.891.00.930.97-0.580.860.980.85-0.750.920.790.690.81
0.870.40.930.860.780.830.550.840.970.090.910.530.790.810.550.87-0.670.980.690.44-0.770.560.320.810.62
0.980.130.950.980.940.830.770.70.770.070.960.810.860.940.840.98-0.540.90.930.77-0.730.820.660.690.81
0.790.320.710.80.870.550.770.620.530.470.740.890.880.840.90.78-0.330.640.870.86-0.490.880.830.460.73
0.810.410.830.80.80.840.70.620.830.070.830.620.780.830.640.78-0.830.840.720.47-0.870.640.440.870.62
0.840.550.910.830.760.970.770.530.830.070.90.520.770.780.530.83-0.670.950.660.41-0.760.560.320.760.49
0.050.380.040.060.080.090.070.470.070.070.040.040.460.070.060.050.070.040.050.050.040.020.020.010.09
0.990.331.00.990.950.910.960.740.830.90.040.790.880.960.80.99-0.660.950.90.7-0.830.80.610.770.71
0.840.170.740.850.920.530.810.890.620.520.040.790.740.891.00.83-0.360.670.960.98-0.530.990.960.480.79
0.890.420.880.890.890.790.860.880.780.770.460.880.740.90.760.88-0.560.810.840.65-0.760.740.580.710.69
0.990.230.950.991.00.810.940.840.830.780.070.960.890.90.910.98-0.640.870.970.81-0.790.890.750.740.79
0.860.150.760.870.930.550.840.90.640.530.060.81.00.760.910.85-0.370.680.970.97-0.550.990.950.50.81
1.00.220.981.00.970.870.980.780.780.830.050.990.830.880.980.85-0.620.930.940.77-0.780.840.670.740.78
-0.64-0.26-0.68-0.63-0.58-0.67-0.54-0.33-0.83-0.670.07-0.66-0.36-0.56-0.64-0.37-0.62-0.66-0.48-0.190.83-0.37-0.17-0.83-0.39
0.930.380.960.920.860.980.90.640.840.950.040.950.670.810.870.680.93-0.660.80.58-0.780.70.480.810.71
0.940.140.870.950.980.690.930.870.720.660.050.90.960.840.970.970.94-0.480.80.92-0.670.960.870.620.84
0.760.070.650.780.850.440.770.860.470.410.050.70.980.650.810.970.77-0.190.580.92-0.350.970.980.320.78
-0.8-0.32-0.84-0.79-0.75-0.77-0.73-0.49-0.87-0.760.04-0.83-0.53-0.76-0.79-0.55-0.780.83-0.78-0.67-0.35-0.54-0.32-0.9-0.51
0.850.240.760.860.920.560.820.880.640.560.020.80.990.740.890.990.84-0.370.70.960.97-0.540.950.50.76
0.680.080.550.690.790.320.660.830.440.320.020.610.960.580.750.950.67-0.170.480.870.98-0.320.950.250.73
0.750.310.790.750.690.810.690.460.870.760.010.770.480.710.740.50.74-0.830.810.620.32-0.90.50.250.56
0.77-0.150.680.780.810.620.810.730.620.490.090.710.790.690.790.810.78-0.390.710.840.78-0.510.760.730.56
Click cells to compare fundamentals

Eoptolink Technology Account Relationship Matchups

Eoptolink Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B4.2B4.9B5.9B6.4B6.8B
Other Current Liab46.0M58.1M85.4M198.4M12.0M11.4M
Total Current Liabilities325.9M762.0M894.3M931.7M867.4M910.8M
Total Stockholder Equity1.3B3.4B4.0B4.8B5.5B5.7B
Retained Earnings732.9M1.2B1.7B2.6B3.1B3.2B
Accounts Payable210.5M568.2M752.3M605.2M632.6M325.4M
Cash253.4M1.9B1.6B1.8B2.5B2.6B
Other Assets35.7M48.8M49.0M158.1M181.8M190.9M
Net Receivables531.0M368.9M577.2M662.0M715.1M408.2M
Inventory352.1M971.8M1.5B1.5B963.3M620.3M
Other Current Assets13.2M79.5M93.2M45.2M95.4M80.5M
Total Liab337.2M773.1M905.5M1.0B974.0M1.0B
Intangible Assets7.2M6.6M6.3M177.2M193.1M202.7M
Common Stock238.4M236.5M362.2M507.1M583.1M612.3M
Property Plant Equipment368.7M559.6M756.9M1.1B1.2B1.3B
Other Liab11.3M11.1M11.2M96.1M110.5M116.0M
Net Tangible Assets1.3B3.4B4.0B4.5B5.1B5.4B
Total Current Assets1.2B3.5B3.9B4.2B4.3B2.5B
Non Current Assets Total494.2M709.8M940.1M1.7B2.1B2.2B
Non Currrent Assets Other2.9M15.4M11.9M101.7M118.5M124.4M
Non Current Liabilities Total11.3M11.1M11.2M115.2M106.6M111.9M
Other Stockholder Equity(638.1K)(910.6K)(1.1M)2.9M3.3M3.5M
Common Stock Shares Outstanding467.3M463.5M507.2M507.1M709.9M570.1M
Net Invested Capital1.3B3.5B4.0B4.8B5.5B3.4B
Net Working Capital845.1M2.7B3.0B3.3B3.5B2.3B

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Other Information on Investing in Eoptolink Stock

Balance Sheet is a snapshot of the financial position of Eoptolink Technology at a specified time, usually calculated after every quarter, six months, or one year. Eoptolink Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eoptolink Technology 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 Eoptolink currently owns. An asset can also be divided into two categories, current and non-current.