Empyrean Capital Lease Obligations vs Retained Earnings Analysis

301269 Stock

125.94 1.93 1.56%

Empyrean Technology financial indicator trend analysis is much more than just examining Empyrean Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empyrean Technology is a good investment. Please check the relationship between Empyrean Technology Capital Lease Obligations and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Empyrean Technology Co. 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.

Capital Lease Obligations vs Retained Earnings

Capital Lease Obligations vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empyrean Technology Capital Lease Obligations account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Empyrean Technology's Capital Lease Obligations and Retained Earnings is -0.42. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Empyrean Technology Co, assuming nothing else is changed. The correlation between historical values of Empyrean Technology's Capital Lease Obligations and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Empyrean Technology Co are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Lease Obligations i.e., Empyrean Technology's Capital Lease Obligations and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

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Capital Lease Obligations

Empyrean Technology capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Empyrean Technology asset purchases. For example, Empyrean Technology can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Empyrean Technology control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Empyrean Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empyrean 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 Empyrean Technology Co. 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 December 1, 2024, Selling General Administrative is expected to decline to about 134 M. In addition to that, Tax Provision is expected to decline to about (352.3 K)

	2021	2022	2023	2024 (projected)
Interest Income	2.4M	35.2M	63.1M	66.3M
Net Interest Income	341.4K	23.4M	60.6M	63.7M

Interest Income Net Interest Income

Empyrean Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Long Term Debt	Capital Lease Obligations	Property Plant And Equipment Gross	Short Term Investments	Good Will
Total Assets		0.07	0.96	1.0	0.88	-0.44	0.92	0.95	0.88	0.95	0.69	0.7	0.82	0.84	1.0	0.99	0.91	0.98	0.86	0.92	0.81	-0.76	-0.52	0.94	0.98	-0.54
Other Current Liab	0.07		0.33	-0.02	0.13	0.8	0.05	0.3	0.41	-0.07	0.76	0.12	0.59	0.6	0.02	-0.03	0.42	-0.07	0.55	0.38	0.1	0.51	-0.13	0.32	-0.1	-0.22
Total Current Liabilities	0.96	0.33		0.94	0.88	-0.2	0.88	0.99	0.94	0.9	0.84	0.66	0.94	0.95	0.95	0.92	0.97	0.9	0.96	0.97	0.81	-0.58	-0.47	0.98	0.91	-0.58
Total Stockholder Equity	1.0	-0.02	0.94		0.88	-0.51	0.92	0.93	0.84	0.96	0.62	0.69	0.77	0.78	1.0	0.99	0.88	0.99	0.82	0.89	0.81	-0.81	-0.51	0.92	0.99	-0.52
Retained Earnings	0.88	0.13	0.88	0.88		-0.4	0.98	0.87	0.79	0.92	0.6	0.65	0.77	0.75	0.88	0.86	0.79	0.85	0.77	0.91	0.96	-0.7	-0.42	0.93	0.89	-0.84
Accounts Payable	-0.44	0.8	-0.2	-0.51	-0.4		-0.52	-0.2	-0.12	-0.53	0.3	-0.27	0.14	0.09	-0.49	-0.54	-0.12	-0.56	0.03	-0.13	-0.43	0.9	0.28	-0.19	-0.58	0.26
Cash	0.92	0.05	0.88	0.92	0.98	-0.52		0.87	0.82	0.94	0.58	0.62	0.72	0.74	0.92	0.9	0.82	0.9	0.77	0.87	0.96	-0.81	-0.47	0.89	0.93	-0.81
Non Current Assets Total	0.95	0.3	0.99	0.93	0.87	-0.2	0.87		0.96	0.92	0.8	0.54	0.93	0.91	0.94	0.89	0.96	0.88	0.95	0.95	0.83	-0.6	-0.33	0.96	0.9	-0.6
Net Receivables	0.88	0.41	0.94	0.84	0.79	-0.12	0.82	0.96		0.83	0.84	0.41	0.9	0.92	0.86	0.81	0.99	0.79	0.96	0.86	0.79	-0.53	-0.3	0.88	0.81	-0.61
Common Stock Shares Outstanding	0.95	-0.07	0.9	0.96	0.92	-0.53	0.94	0.92	0.83		0.52	0.52	0.74	0.71	0.96	0.93	0.83	0.92	0.76	0.85	0.9	-0.83	-0.28	0.89	0.98	-0.65
Non Current Liabilities Total	0.69	0.76	0.84	0.62	0.6	0.3	0.58	0.8	0.84	0.52		0.55	0.93	0.97	0.64	0.61	0.89	0.58	0.94	0.83	0.51	-0.1	-0.48	0.8	0.54	-0.41
Inventory	0.7	0.12	0.66	0.69	0.65	-0.27	0.62	0.54	0.41	0.52	0.55		0.56	0.62	0.69	0.74	0.54	0.74	0.56	0.74	0.43	-0.4	-0.89	0.71	0.65	-0.27
Other Current Assets	0.82	0.59	0.94	0.77	0.77	0.14	0.72	0.93	0.9	0.74	0.93	0.56		0.97	0.79	0.74	0.93	0.71	0.97	0.95	0.7	-0.28	-0.33	0.93	0.72	-0.54
Total Liab	0.84	0.6	0.95	0.78	0.75	0.09	0.74	0.91	0.92	0.71	0.97	0.62	0.97		0.81	0.77	0.96	0.75	0.99	0.93	0.66	-0.32	-0.5	0.91	0.72	-0.5
Net Invested Capital	1.0	0.02	0.95	1.0	0.88	-0.49	0.92	0.94	0.86	0.96	0.64	0.69	0.79	0.81		0.99	0.89	0.99	0.84	0.9	0.81	-0.79	-0.51	0.93	0.99	-0.53
Total Current Assets	0.99	-0.03	0.92	0.99	0.86	-0.54	0.9	0.89	0.81	0.93	0.61	0.74	0.74	0.77	0.99		0.86	1.0	0.8	0.88	0.77	-0.81	-0.59	0.9	0.98	-0.49
Capital Stock	0.91	0.42	0.97	0.88	0.79	-0.12	0.82	0.96	0.99	0.83	0.89	0.54	0.93	0.96	0.89	0.86		0.84	0.98	0.91	0.75	-0.53	-0.43	0.91	0.83	-0.55
Net Working Capital	0.98	-0.07	0.9	0.99	0.85	-0.56	0.9	0.88	0.79	0.92	0.58	0.74	0.71	0.75	0.99	1.0	0.84		0.77	0.86	0.76	-0.82	-0.6	0.88	0.98	-0.47
Intangible Assets	0.86	0.55	0.96	0.82	0.77	0.03	0.77	0.95	0.96	0.76	0.94	0.56	0.97	0.99	0.84	0.8	0.98	0.77		0.93	0.71	-0.39	-0.42	0.92	0.76	-0.54
Property Plant And Equipment Net	0.92	0.38	0.97	0.89	0.91	-0.13	0.87	0.95	0.86	0.85	0.83	0.74	0.95	0.93	0.9	0.88	0.91	0.86	0.93		0.81	-0.5	-0.5	1.0	0.86	-0.62
Non Currrent Assets Other	0.81	0.1	0.81	0.81	0.96	-0.43	0.96	0.83	0.79	0.9	0.51	0.43	0.7	0.66	0.81	0.77	0.75	0.76	0.71	0.81		-0.72	-0.24	0.84	0.84	-0.92
Long Term Debt	-0.76	0.51	-0.58	-0.81	-0.7	0.9	-0.81	-0.6	-0.53	-0.83	-0.1	-0.4	-0.28	-0.32	-0.79	-0.81	-0.53	-0.82	-0.39	-0.5	-0.72		0.33	-0.56	-0.85	0.5
Capital Lease Obligations	-0.52	-0.13	-0.47	-0.51	-0.42	0.28	-0.47	-0.33	-0.3	-0.28	-0.48	-0.89	-0.33	-0.5	-0.51	-0.59	-0.43	-0.6	-0.42	-0.5	-0.24	0.33		-0.47	-0.45	0.14
Property Plant And Equipment Gross	0.94	0.32	0.98	0.92	0.93	-0.19	0.89	0.96	0.88	0.89	0.8	0.71	0.93	0.91	0.93	0.9	0.91	0.88	0.92	1.0	0.84	-0.56	-0.47		0.9	-0.64
Short Term Investments	0.98	-0.1	0.91	0.99	0.89	-0.58	0.93	0.9	0.81	0.98	0.54	0.65	0.72	0.72	0.99	0.98	0.83	0.98	0.76	0.86	0.84	-0.85	-0.45	0.9		-0.56
Good Will	-0.54	-0.22	-0.58	-0.52	-0.84	0.26	-0.81	-0.6	-0.61	-0.65	-0.41	-0.27	-0.54	-0.5	-0.53	-0.49	-0.55	-0.47	-0.54	-0.62	-0.92	0.5	0.14	-0.64	-0.56

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

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Empyrean Capital Lease Obligations vs Retained Earnings Analysis

Capital Lease Obligations vs Retained Earnings

Capital Lease Obligations vs Retained Earnings Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Retained Earnings

Empyrean Technology fundamental ratios Correlations

Empyrean Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Empyrean Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Current Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets

Good Will	- 0.92	Non Currrent Assets Other
Capital Lease Obligations	- 0.89	Inventory
Short Term Investments	- 0.85	Long Term Debt
Good Will	- 0.84	Retained Earnings
Long Term Debt	- 0.83	Common Stock Shares Outstanding
Long Term Debt	- 0.82	Net Working Capital