Empyrean Net Receivables vs Good Will Analysis

301269 Stock

117.49 0.62 0.52%

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 Net Receivables and its Good Will 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.

Net Receivables vs Good Will

Net Receivables vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empyrean Technology Net Receivables account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Empyrean Technology's Net Receivables and Good Will is -0.49. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Good Will 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 Net Receivables and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Empyrean Technology Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Receivables i.e., Empyrean Technology's Net Receivables and Good Will go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 February 27, 2025, Selling General Administrative is expected to decline to about 44 M. In addition to that, Tax Provision is expected to decline to about (352.3 K)

	2022	2023	2024	2025 (projected)
Interest Income	35.2M	63.1M	72.6M	76.2M
Net Interest Income	23.4M	60.6M	69.7M	73.2M

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		-0.03	0.98	0.93	0.89	-0.52	0.91	0.89	0.92	0.96	0.71	0.68	0.87	0.87	0.93	0.99	0.92	0.99	0.9	0.95	0.84	-0.82	-0.31	0.96	0.99	-0.43
Other Current Liab	-0.03		0.17	0.02	0.05	0.8	-0.01	0.23	0.22	-0.12	0.67	0.09	0.41	0.46	0.05	-0.11	0.32	-0.14	0.38	0.22	0.01	0.52	-0.16	0.16	-0.17	-0.23
Total Current Liabilities	0.98	0.17		0.91	0.9	-0.33	0.9	0.93	0.96	0.93	0.82	0.65	0.96	0.95	0.92	0.94	0.96	0.93	0.97	0.98	0.85	-0.7	-0.27	0.99	0.94	-0.48
Total Stockholder Equity	0.93	0.02	0.91		0.98	-0.54	1.0	0.96	0.87	0.94	0.67	0.68	0.81	0.82	1.0	0.93	0.87	0.92	0.85	0.91	0.95	-0.82	-0.38	0.92	0.94	-0.7
Retained Earnings	0.89	0.05	0.9	0.98		-0.48	0.99	0.97	0.84	0.93	0.64	0.65	0.82	0.79	0.98	0.87	0.82	0.87	0.82	0.92	0.98	-0.76	-0.27	0.93	0.9	-0.74
Accounts Payable	-0.52	0.8	-0.33	-0.54	-0.48		-0.56	-0.33	-0.27	-0.6	0.18	-0.32	-0.05	-0.06	-0.52	-0.59	-0.23	-0.62	-0.13	-0.27	-0.49	0.9	0.21	-0.33	-0.64	0.25
Cash	0.91	-0.01	0.9	1.0	0.99	-0.56		0.96	0.86	0.94	0.62	0.63	0.79	0.79	0.99	0.9	0.84	0.9	0.82	0.89	0.97	-0.83	-0.31	0.91	0.93	-0.73
Non Current Assets Total	0.89	0.23	0.93	0.96	0.97	-0.33	0.96		0.92	0.9	0.77	0.58	0.89	0.88	0.97	0.85	0.9	0.84	0.91	0.93	0.96	-0.68	-0.25	0.94	0.87	-0.74
Net Receivables	0.92	0.22	0.96	0.87	0.84	-0.27	0.86	0.92		0.88	0.82	0.45	0.93	0.93	0.87	0.87	0.97	0.85	0.97	0.91	0.84	-0.67	-0.13	0.92	0.87	-0.49
Common Stock Shares Outstanding	0.96	-0.12	0.93	0.94	0.93	-0.6	0.94	0.9	0.88		0.59	0.64	0.81	0.79	0.94	0.96	0.85	0.95	0.83	0.91	0.9	-0.86	-0.25	0.93	0.97	-0.58
Non Current Liabilities Total	0.71	0.67	0.82	0.67	0.64	0.18	0.62	0.77	0.82	0.59		0.58	0.91	0.96	0.69	0.65	0.9	0.63	0.92	0.82	0.57	-0.23	-0.4	0.79	0.6	-0.39
Inventory	0.68	0.09	0.65	0.68	0.65	-0.32	0.63	0.58	0.45	0.64	0.58		0.58	0.64	0.68	0.73	0.6	0.73	0.58	0.72	0.48	-0.45	-0.81	0.69	0.68	-0.35
Other Current Assets	0.87	0.41	0.96	0.81	0.82	-0.05	0.79	0.89	0.93	0.81	0.91	0.58		0.97	0.82	0.81	0.94	0.79	0.98	0.96	0.77	-0.47	-0.18	0.95	0.8	-0.45
Total Liab	0.87	0.46	0.95	0.82	0.79	-0.06	0.79	0.88	0.93	0.79	0.96	0.64	0.97		0.83	0.83	0.98	0.81	0.99	0.94	0.73	-0.47	-0.36	0.93	0.79	-0.45
Net Invested Capital	0.93	0.05	0.92	1.0	0.98	-0.52	0.99	0.97	0.87	0.94	0.69	0.68	0.82	0.83		0.92	0.88	0.92	0.86	0.92	0.95	-0.81	-0.38	0.93	0.94	-0.7
Total Current Assets	0.99	-0.11	0.94	0.93	0.87	-0.59	0.9	0.85	0.87	0.96	0.65	0.73	0.81	0.83	0.92		0.89	1.0	0.85	0.91	0.81	-0.86	-0.39	0.93	0.99	-0.4
Capital Stock	0.92	0.32	0.96	0.87	0.82	-0.23	0.84	0.9	0.97	0.85	0.9	0.6	0.94	0.98	0.88	0.89		0.87	0.99	0.93	0.78	-0.61	-0.34	0.92	0.86	-0.47
Net Working Capital	0.99	-0.14	0.93	0.92	0.87	-0.62	0.9	0.84	0.85	0.95	0.63	0.73	0.79	0.81	0.92	1.0	0.87		0.84	0.9	0.8	-0.87	-0.4	0.92	0.99	-0.39
Intangible Assets	0.9	0.38	0.97	0.85	0.82	-0.13	0.82	0.91	0.97	0.83	0.92	0.58	0.98	0.99	0.86	0.85	0.99	0.84		0.95	0.78	-0.54	-0.27	0.94	0.83	-0.46
Property Plant And Equipment Net	0.95	0.22	0.98	0.91	0.92	-0.27	0.89	0.93	0.91	0.91	0.82	0.72	0.96	0.94	0.92	0.91	0.93	0.9	0.95		0.85	-0.63	-0.31	1.0	0.91	-0.53
Non Currrent Assets Other	0.84	0.01	0.85	0.95	0.98	-0.49	0.97	0.96	0.84	0.9	0.57	0.48	0.77	0.73	0.95	0.81	0.78	0.8	0.78	0.85		-0.78	-0.11	0.87	0.86	-0.78
Long Term Debt	-0.82	0.52	-0.7	-0.82	-0.76	0.9	-0.83	-0.68	-0.67	-0.86	-0.23	-0.45	-0.47	-0.47	-0.81	-0.86	-0.61	-0.87	-0.54	-0.63	-0.78		0.2	-0.68	-0.89	0.41
Capital Lease Obligations	-0.31	-0.16	-0.27	-0.38	-0.27	0.21	-0.31	-0.25	-0.13	-0.25	-0.4	-0.81	-0.18	-0.36	-0.38	-0.39	-0.34	-0.4	-0.27	-0.31	-0.11	0.2		-0.27	-0.32	0.22
Property Plant And Equipment Gross	0.96	0.16	0.99	0.92	0.93	-0.33	0.91	0.94	0.92	0.93	0.79	0.69	0.95	0.93	0.93	0.93	0.92	0.92	0.94	1.0	0.87	-0.68	-0.27		0.93	-0.52
Short Term Investments	0.99	-0.17	0.94	0.94	0.9	-0.64	0.93	0.87	0.87	0.97	0.6	0.68	0.8	0.79	0.94	0.99	0.86	0.99	0.83	0.91	0.86	-0.89	-0.32	0.93		-0.45
Good Will	-0.43	-0.23	-0.48	-0.7	-0.74	0.25	-0.73	-0.74	-0.49	-0.58	-0.39	-0.35	-0.45	-0.45	-0.7	-0.4	-0.47	-0.39	-0.46	-0.53	-0.78	0.41	0.22	-0.52	-0.45

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Empyrean Technology Account Relationship Matchups

Empyrean Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.4B	1.8B	5.4B	5.5B	6.4B	3.3B
Total Current Liabilities	256.0M	346.6M	440.4M	491.6M	565.4M	376.7M
Total Stockholder Equity	857.3M	994.5M	4.7B	4.8B	5.5B	5.8B
Retained Earnings	(23.4M)	91.2M	234.2M	337.2M	387.8M	407.2M
Accounts Payable	63.3M	99.9M	25.6M	37.2M	33.5M	44.5M
Cash	445.6M	377.6M	2.6B	3.1B	3.6B	3.7B
Non Current Assets Total	603.9M	944.7M	1.3B	2.0B	2.3B	2.4B
Net Receivables	225.8M	196.3M	222.4M	301.1M	346.2M	231.9M
Non Current Liabilities Total	258.1M	460.4M	303.2M	260.6M	299.7M	286.7M
Inventory	35.9M	55.3M	72.0M	48.1M	55.4M	56.4M
Other Current Assets	24.6M	69.7M	45.8M	72.0M	82.8M	48.0M
Total Liab	514.1M	807.1M	743.6M	752.2M	865.0M	663.5M
Net Invested Capital	975.5M	1.2B	4.7B	4.9B	5.6B	5.9B
Total Current Assets	767.5M	856.9M	4.1B	3.6B	4.1B	2.2B
Net Working Capital	511.5M	510.2M	3.7B	3.1B	3.5B	1.8B
Intangible Assets	206.4M	278.8M	266.7M	319.4M	367.3M	249.3M

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Other Information on Investing in Empyrean Stock

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 Net Receivables vs Good Will Analysis

Net Receivables vs Good Will

Net Receivables vs Good Will Correlation Analysis

Correlation Coefficient

Net Receivables

Good Will

Empyrean Technology fundamental ratios Correlations

Empyrean Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Empyrean Technology fundamental ratios Accounts

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Other Information on Investing in Empyrean Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Stockholder Equity
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
Net Working Capital	+ 0.99	Total Assets

Short Term Investments	- 0.89	Long Term Debt
Long Term Debt	- 0.87	Net Working Capital
Long Term Debt	- 0.86	Total Current Assets
Long Term Debt	- 0.86	Common Stock Shares Outstanding
Long Term Debt	- 0.83	Cash
Long Term Debt	- 0.82	Total Stockholder Equity