Eoptolink Short Term Investments vs Common Stock Shares Outstanding Analysis

300502 Stock   119.43  0.75  0.63%   
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 Short Term Investments and its Common Stock Shares Outstanding 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.

Short Term Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eoptolink Technology Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Eoptolink Technology's Short Term Investments and Common Stock Shares Outstanding is -0.5. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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 Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Eoptolink Technology are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Investments i.e., Eoptolink Technology's Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Eoptolink Technology balance sheet. It contains any investments Eoptolink Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Eoptolink Technology can easily liquidate in the marketplace.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 January 18, 2025, 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
 2022 2023 2024 2025 (projected)
Operating Income899.8M708.4M814.7M855.4M
Total Revenue3.3B3.1B3.6B3.7B

Eoptolink Technology fundamental ratios Correlations

0.10.981.00.980.970.980.840.930.820.090.990.890.90.990.91.0-0.630.910.960.84-0.790.890.760.750.77
0.10.20.090.060.170.00.230.130.460.350.190.020.340.150.070.14-0.210.23-0.01-0.06-0.260.090.00.25-0.25
0.980.20.980.940.990.960.770.920.890.071.00.80.90.970.820.99-0.680.940.90.74-0.840.820.650.790.69
1.00.090.980.990.970.980.840.930.810.10.990.890.890.990.910.99-0.630.910.960.84-0.780.90.770.740.78
0.980.060.940.990.920.960.890.940.740.120.960.950.890.990.950.97-0.580.860.990.9-0.740.940.840.690.81
0.970.170.990.970.920.950.750.890.90.120.980.760.90.950.780.98-0.650.930.870.7-0.810.770.590.770.68
0.980.00.960.980.960.950.820.870.760.10.970.870.860.950.880.98-0.550.90.950.84-0.730.870.740.70.8
0.840.230.770.840.890.750.820.810.580.480.80.90.890.860.910.81-0.380.70.890.88-0.530.90.850.50.72
0.930.130.920.930.940.890.870.810.750.110.920.840.880.960.860.91-0.740.820.90.75-0.860.840.710.790.71
0.820.460.890.810.740.90.760.580.750.090.870.560.790.810.590.85-0.690.940.660.47-0.780.590.40.790.52
0.090.350.070.10.120.120.10.480.110.090.080.080.480.10.090.080.050.080.090.090.010.070.060.040.13
0.990.191.00.990.960.980.970.80.920.870.080.840.90.980.861.0-0.660.930.920.78-0.830.850.70.770.71
0.890.020.80.890.950.760.870.90.840.560.080.840.760.911.00.85-0.40.730.970.98-0.571.00.970.520.8
0.90.340.90.890.890.90.860.890.880.790.480.90.760.90.780.89-0.590.830.840.69-0.780.760.620.730.65
0.990.150.970.990.990.950.950.860.960.810.10.980.910.90.920.98-0.660.890.960.84-0.810.910.780.760.76
0.90.070.820.910.950.780.880.910.860.590.090.861.00.780.920.87-0.420.750.970.98-0.591.00.960.540.79
1.00.140.990.990.970.980.980.810.910.850.081.00.850.890.980.87-0.640.930.930.8-0.80.860.710.760.74
-0.63-0.21-0.68-0.63-0.58-0.65-0.55-0.38-0.74-0.690.05-0.66-0.4-0.59-0.66-0.42-0.64-0.67-0.49-0.270.84-0.41-0.23-0.84-0.41
0.910.230.940.910.860.930.90.70.820.940.080.930.730.830.890.750.93-0.670.810.67-0.780.750.580.820.77
0.96-0.010.90.960.990.870.950.890.90.660.090.920.970.840.960.970.93-0.490.810.95-0.670.970.890.630.83
0.84-0.060.740.840.90.70.840.880.750.470.090.780.980.690.840.980.8-0.270.670.95-0.430.980.980.390.8
-0.79-0.26-0.84-0.78-0.74-0.81-0.73-0.53-0.86-0.780.01-0.83-0.57-0.78-0.81-0.59-0.80.84-0.78-0.67-0.43-0.58-0.38-0.91-0.5
0.890.090.820.90.940.770.870.90.840.590.070.851.00.760.911.00.86-0.410.750.970.98-0.580.960.540.78
0.760.00.650.770.840.590.740.850.710.40.060.70.970.620.780.960.71-0.230.580.890.98-0.380.960.320.74
0.750.250.790.740.690.770.70.50.790.790.040.770.520.730.760.540.76-0.840.820.630.39-0.910.540.320.57
0.77-0.250.690.780.810.680.80.720.710.520.130.710.80.650.760.790.74-0.410.770.830.8-0.50.780.740.57
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Eoptolink Technology Account Relationship Matchups

Eoptolink Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.2B4.9B5.9B6.4B7.4B7.8B
Other Current Liab58.1M85.4M198.4M12.0M13.8M13.1M
Total Current Liabilities762.0M894.3M931.7M867.4M997.5M1.0B
Total Stockholder Equity3.4B4.0B4.8B5.5B6.3B6.6B
Retained Earnings1.2B1.7B2.6B3.1B3.5B3.7B
Accounts Payable568.2M752.3M605.2M632.6M727.4M763.8M
Cash1.9B1.6B1.8B2.5B2.9B3.0B
Other Assets35.7M48.8M49.0M158.1M181.8M190.9M
Net Receivables368.9M577.2M662.0M715.1M822.4M863.5M
Inventory971.8M1.5B1.5B963.3M1.1B620.3M
Other Current Assets79.5M93.2M45.2M95.4M109.7M80.5M
Total Liab773.1M905.5M1.0B974.0M1.1B1.2B
Intangible Assets6.6M6.3M177.2M193.1M222.0M233.1M
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 Assets3.5B3.9B4.2B4.3B5.0B2.5B
Non Current Assets Total709.8M940.1M1.7B2.1B2.4B2.5B
Non Currrent Assets Other15.4M11.9M101.7M118.5M136.3M143.1M
Non Current Liabilities Total11.1M11.2M115.2M106.6M122.6M128.7M
Other Stockholder Equity(638.1K)(910.6K)(1.1M)2.9M3.3M3.5M
Common Stock Shares Outstanding463.5M507.2M507.1M709.9M816.4M570.1M
Net Invested Capital3.5B4.0B4.8B5.5B6.3B3.4B
Net Working Capital2.7B3.0B3.3B3.5B4.0B2.3B
Capital Stock236.5M362.2M507.1M709.9M816.4M469.5M
Property Plant And Equipment Net559.6M756.9M1.1B1.4B1.6B906.1M
Property Plant And Equipment Gross803.7M1.1B1.1B1.9B2.2B1.2B

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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.