Eastern Other Liab vs Net Receivables Analysis

900941 Stock   0.42  0.02  4.55%   
Eastern Communications financial indicator trend analysis is much more than just examining Eastern Communications latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern Communications is a good investment. Please check the relationship between Eastern Communications Other Liab and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eastern Communications 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.

Other Liab vs Net Receivables

Other Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Communications Other Liab account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eastern Communications' Other Liab and Net Receivables is 0.86. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Eastern Communications Co, assuming nothing else is changed. The correlation between historical values of Eastern Communications' Other Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Eastern Communications Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Liab i.e., Eastern Communications' Other Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Net Receivables

Most indicators from Eastern Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern Communications 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 Eastern Communications 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 November 29, 2024, Selling General Administrative is expected to decline to about 31 M. In addition to that, Tax Provision is expected to decline to about 15.1 M
 2021 2022 2023 2024 (projected)
Gross Profit384.9M357.5M337.6M314.1M
Total Revenue3.0B3.2B2.9B3.1B

Eastern Communications fundamental ratios Correlations

-0.60.840.99-0.730.890.920.010.710.66-0.68-0.7-0.45-0.22-0.260.9-0.71-0.640.480.77-0.7-0.830.56-0.69-0.730.61
-0.6-0.4-0.590.28-0.64-0.330.4-0.54-0.340.420.670.460.550.2-0.550.310.23-0.08-0.160.680.34-0.570.530.3-0.68
0.84-0.40.77-0.660.560.720.410.570.42-0.55-0.35-0.120.01-0.150.91-0.51-0.460.680.72-0.48-0.550.19-0.53-0.520.34
0.99-0.590.77-0.730.880.94-0.040.740.71-0.68-0.68-0.52-0.21-0.330.82-0.74-0.660.490.78-0.7-0.880.54-0.67-0.780.58
-0.730.28-0.66-0.73-0.59-0.82-0.46-0.67-0.890.860.330.47-0.41-0.02-0.610.40.49-0.34-0.950.30.77-0.320.190.9-0.13
0.89-0.640.560.88-0.590.81-0.260.540.63-0.61-0.92-0.49-0.39-0.050.8-0.59-0.550.050.57-0.72-0.750.86-0.66-0.610.76
0.92-0.330.720.94-0.820.810.160.70.79-0.66-0.54-0.530.06-0.250.73-0.75-0.750.480.89-0.5-0.950.45-0.53-0.870.37
0.010.40.41-0.04-0.46-0.260.160.090.19-0.130.460.120.840.310.160.02-0.170.370.460.42-0.07-0.440.24-0.25-0.55
0.71-0.540.570.74-0.670.540.70.090.59-0.48-0.24-0.78-0.06-0.510.5-0.59-0.60.570.62-0.24-0.730.16-0.32-0.680.1
0.66-0.340.420.71-0.890.630.790.190.59-0.83-0.42-0.550.34-0.10.43-0.33-0.410.160.86-0.36-0.850.44-0.11-0.970.2
-0.680.42-0.55-0.680.86-0.61-0.66-0.13-0.48-0.830.490.32-0.15-0.03-0.560.150.12-0.15-0.780.570.6-0.470.180.78-0.41
-0.70.67-0.35-0.680.33-0.92-0.540.46-0.24-0.420.490.320.55-0.15-0.670.410.350.22-0.280.780.47-0.950.670.35-0.91
-0.450.46-0.12-0.520.47-0.49-0.530.12-0.78-0.550.320.320.070.21-0.170.510.59-0.18-0.340.250.59-0.270.330.58-0.17
-0.220.550.01-0.21-0.41-0.390.060.84-0.060.34-0.150.550.070.28-0.220.18-0.040.120.410.52-0.1-0.460.51-0.35-0.68
-0.260.2-0.15-0.33-0.02-0.05-0.250.31-0.51-0.1-0.03-0.150.210.280.010.360.19-0.59-0.150.050.40.240.040.230.11
0.9-0.550.910.82-0.610.80.730.160.50.43-0.56-0.67-0.17-0.220.01-0.53-0.490.380.63-0.61-0.560.56-0.66-0.470.6
-0.710.31-0.51-0.740.4-0.59-0.750.02-0.59-0.330.150.410.510.180.36-0.530.94-0.55-0.510.410.71-0.230.780.49-0.33
-0.640.23-0.46-0.660.49-0.55-0.75-0.17-0.6-0.410.120.350.59-0.040.19-0.490.94-0.44-0.550.210.73-0.220.640.55-0.17
0.48-0.080.680.49-0.340.050.480.370.570.16-0.150.22-0.180.12-0.590.38-0.55-0.440.48-0.18-0.41-0.44-0.35-0.36-0.11
0.77-0.160.720.78-0.950.570.890.460.620.86-0.78-0.28-0.340.41-0.150.63-0.51-0.550.48-0.29-0.850.24-0.22-0.920.1
-0.70.68-0.48-0.70.3-0.72-0.50.42-0.24-0.360.570.780.250.520.05-0.610.410.21-0.18-0.290.38-0.60.770.35-0.93
-0.830.34-0.55-0.880.77-0.75-0.95-0.07-0.73-0.850.60.470.59-0.10.4-0.560.710.73-0.41-0.850.38-0.430.380.92-0.25
0.56-0.570.190.54-0.320.860.45-0.440.160.44-0.47-0.95-0.27-0.460.240.56-0.23-0.22-0.440.24-0.6-0.43-0.44-0.320.79
-0.690.53-0.53-0.670.19-0.66-0.530.24-0.32-0.110.180.670.330.510.04-0.660.780.64-0.35-0.220.770.38-0.440.19-0.76
-0.730.3-0.52-0.780.9-0.61-0.87-0.25-0.68-0.970.780.350.58-0.350.23-0.470.490.55-0.36-0.920.350.92-0.320.19-0.15
0.61-0.680.340.58-0.130.760.37-0.550.10.2-0.41-0.91-0.17-0.680.110.6-0.33-0.17-0.110.1-0.93-0.250.79-0.76-0.15
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Eastern Communications Account Relationship Matchups

Eastern Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.0B4.1B4.2B4.4B4.4B
Other Current Liab206.6M309.0M336.4M78.5M71.1M67.5M
Total Current Liabilities768.3M801.8M773.5M839.6M775.8M837.5M
Total Stockholder Equity3.1B3.2B3.3B3.4B3.4B3.5B
Other Liab4.3M4.3M5.0M3.9M3.5M5.2M
Net Tangible Assets3.0B3.0B3.0B3.1B3.6B3.3B
Retained Earnings977.1M1.0B1.1B1.0B1.1B1.1B
Accounts Payable399.1M390.1M332.7M333.3M252.4M267.7M
Cash1.1B571.2M1.2B1.7B1.1B1.1B
Other Assets409.1M413.4M391.8M382.0M439.3M403.4M
Net Receivables1.1B1.1B1.0B1.0B920.6M816.3M
Short Term Investments110M100M600.6M200.1M180.1M270.5M
Inventory818.3M826.1M708.0M643.5M551.2M571.9M
Other Current Assets38.2M30.1M22.6M10.5M36.5M24.1M
Total Liab772.6M806.8M777.4M842.6M886.7M858.9M
Deferred Long Term Liab8.6M22.0M6.5M3.7M3.3M3.1M
Total Current Assets3.1B3.2B3.3B3.4B2.7B3.3B
Intangible Assets115.8M165.4M155.1M141.0M126.9M131.1M
Property Plant Equipment202.0M203.9M165.4M147.6M132.9M180.7M
Non Current Assets Total839.9M850.7M844.6M816.5M1.7B1.1B
Non Current Liabilities Total4.3M5.0M3.9M3.0M110.9M116.4M
Net Invested Capital3.1B3.2B3.3B3.4B3.4B3.5B
Net Working Capital2.3B2.4B2.5B2.6B1.9B2.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Eastern Stock

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