Eaton Net Tangible Assets vs Cash Analysis

CEV Stock

USD 10.74 0.04 0.37%

Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance California latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance California is a good investment. Please check the relationship between Eaton Vance Net Tangible Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eaton Vance California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Tangible Assets vs Cash

Net Tangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance California Net Tangible Assets account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Eaton Vance's Net Tangible Assets and Cash is -0.07. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Eaton Vance California, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Net Tangible Assets and Cash 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 Tangible Assets of Eaton Vance California are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Tangible Assets i.e., Eaton Vance's Net Tangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Cash

Cash refers to the most liquid asset of Eaton Vance California, which is listed under current asset account on Eaton Vance California balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Eaton Vance customers. The amounts must be unrestricted with restricted cash listed in a different Eaton Vance account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance California 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 Eaton Vance California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Eaton Vance's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.13 in 2024, whereas Enterprise Value is likely to drop slightly above 86.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	5.3M	5.0M	4.5M	4.7M
Net Interest Income	4.4M	3.6M	3.2M	3.8M

Interest Income Net Interest Income

Eaton Vance fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Long Term Investments	Common Stock	Other Assets	Long Term Debt	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Other Current Assets	Net Invested Capital	Capital Stock
Total Assets		0.74	0.77	0.51	0.49	0.17	0.52	-0.02	0.99	0.64	0.27	-0.54	-0.22	0.17	0.22	0.94	-0.89	0.34	0.57	-0.23	0.66	0.32	-0.22	0.16	0.17	0.6
Total Stockholder Equity	0.74		0.78	0.33	0.58	-0.04	0.4	-0.68	0.78	0.43	0.25	-0.83	0.27	-0.3	-0.24	0.6	-0.57	0.19	0.42	-0.41	0.44	0.31	-0.51	0.31	-0.26	0.36
Net Tangible Assets	0.77	0.78		0.49	0.92	-0.07	0.42	-0.29	0.78	0.32	-0.04	-0.49	0.02	-0.04	-0.11	0.51	-0.48	0.28	0.31	-0.19	0.35	0.36	-0.26	0.14	-0.04	0.31
Retained Earnings	0.51	0.33	0.49		0.33	-0.11	0.26	0.06	0.54	0.3	-0.29	0.18	-0.15	0.11	0.54	0.43	-0.4	0.01	0.27	0.49	-0.23	0.4	0.43	-0.39	0.67	0.35
Accounts Payable	0.49	0.58	0.92	0.33		-0.16	0.27	-0.31	0.5	0.12	-0.22	-0.33	0.03	-0.04	-0.22	0.17	-0.16	0.21	0.14	-0.17	0.17	0.25	-0.17	0.13	-0.11	0.13
Cash	0.17	-0.04	-0.07	-0.11	-0.16		0.25	0.22	0.17	0.25	0.32	-0.18	-0.43	0.4	0.15	0.22	-0.18	0.93	0.22	-0.02	0.29	0.66	-0.03	-0.29	0.07	0.23
Net Receivables	0.52	0.4	0.42	0.26	0.27	0.25		-0.01	0.55	0.25	0.2	-0.4	-0.35	0.34	0.06	0.47	-0.46	0.34	0.21	0.03	0.29	0.51	-0.11	0.35	0.09	0.22
Total Liab	-0.02	-0.68	-0.29	0.06	-0.31	0.22	-0.01		-0.09	-0.06	-0.08	0.63	-0.65	0.66	0.55	0.12	-0.14	0.08	-0.13	0.41	0.03	-0.12	0.52	-0.31	0.57	-0.01
Long Term Investments	0.99	0.78	0.78	0.54	0.5	0.17	0.55	-0.09		0.65	0.26	-0.54	-0.15	0.1	0.2	0.92	-0.86	0.35	0.59	-0.25	0.61	0.39	-0.23	0.18	0.16	0.61
Common Stock	0.64	0.43	0.32	0.3	0.12	0.25	0.25	-0.06	0.65		0.33	-0.24	-0.11	-0.01	0.29	0.69	-0.51	0.29	0.97	-0.37	0.65	0.16	-0.21	0.23	0.13	0.99
Other Assets	0.27	0.25	-0.04	-0.29	-0.22	0.32	0.2	-0.08	0.26	0.33		-0.39	0.16	-0.19	-0.28	0.37	-0.38	0.25	0.17	-0.46	0.52	0.09	-0.58	0.37	-0.43	0.24
Long Term Debt	-0.54	-0.83	-0.49	0.18	-0.33	-0.18	-0.4	0.63	-0.54	-0.24	-0.39		-0.17	0.18	0.42	-0.46	0.45	-0.32	-0.25	0.53	-0.59	-0.21	0.65	-0.42	0.5	-0.14
Other Current Liab	-0.22	0.27	0.02	-0.15	0.03	-0.43	-0.35	-0.65	-0.15	-0.11	0.16	-0.17		-0.99	-0.59	-0.3	0.31	-0.37	-0.1	-0.4	-0.23	-0.14	-0.55	0.33	-0.62	-0.16
Total Current Liabilities	0.17	-0.3	-0.04	0.11	-0.04	0.4	0.34	0.66	0.1	-0.01	-0.19	0.18	-0.99		0.56	0.24	-0.27	0.35	-0.01	0.43	0.17	0.14	0.56	-0.35	0.6	0.04
Net Debt	0.22	-0.24	-0.11	0.54	-0.22	0.15	0.06	0.55	0.2	0.29	-0.28	0.42	-0.59	0.56		0.35	-0.28	0.04	0.27	0.44	-0.1	0.11	0.81	-0.34	0.94	0.37
Non Current Assets Total	0.94	0.6	0.51	0.43	0.17	0.22	0.47	0.12	0.92	0.69	0.37	-0.46	-0.3	0.24	0.35		-0.94	0.28	0.61	-0.19	0.7	0.21	-0.16	0.14	0.26	0.64
Non Currrent Assets Other	-0.89	-0.57	-0.48	-0.4	-0.16	-0.18	-0.46	-0.14	-0.86	-0.51	-0.38	0.45	0.31	-0.27	-0.28	-0.94		-0.23	-0.42	0.11	-0.64	-0.15	0.16	-0.1	-0.2	-0.45
Cash And Short Term Investments	0.34	0.19	0.28	0.01	0.21	0.93	0.34	0.08	0.35	0.29	0.25	-0.32	-0.37	0.35	0.04	0.28	-0.23		0.26	-0.1	0.34	0.76	-0.12	-0.23	0.0	0.27
Common Stock Shares Outstanding	0.57	0.42	0.31	0.27	0.14	0.22	0.21	-0.13	0.59	0.97	0.17	-0.25	-0.1	-0.01	0.27	0.61	-0.42	0.26		-0.35	0.62	0.12	-0.2	0.21	0.12	0.97
Non Current Liabilities Total	-0.23	-0.41	-0.19	0.49	-0.17	-0.02	0.03	0.41	-0.25	-0.37	-0.46	0.53	-0.4	0.43	0.44	-0.19	0.11	-0.1	-0.35		-0.57	0.09	0.74	-0.73	0.66	-0.29
Other Stockholder Equity	0.66	0.44	0.35	-0.23	0.17	0.29	0.29	0.03	0.61	0.65	0.52	-0.59	-0.23	0.17	-0.1	0.7	-0.64	0.34	0.62	-0.57		-0.11	-0.54	0.42	-0.27	0.58
Total Current Assets	0.32	0.31	0.36	0.4	0.25	0.66	0.51	-0.12	0.39	0.16	0.09	-0.21	-0.14	0.14	0.11	0.21	-0.15	0.76	0.12	0.09	-0.11		0.02	-0.23	0.16	0.16
Short Long Term Debt Total	-0.22	-0.51	-0.26	0.43	-0.17	-0.03	-0.11	0.52	-0.23	-0.21	-0.58	0.65	-0.55	0.56	0.81	-0.16	0.16	-0.12	-0.2	0.74	-0.54	0.02		-0.57	0.89	-0.1
Other Current Assets	0.16	0.31	0.14	-0.39	0.13	-0.29	0.35	-0.31	0.18	0.23	0.37	-0.42	0.33	-0.35	-0.34	0.14	-0.1	-0.23	0.21	-0.73	0.42	-0.23	-0.57		-0.53	0.16
Net Invested Capital	0.17	-0.26	-0.04	0.67	-0.11	0.07	0.09	0.57	0.16	0.13	-0.43	0.5	-0.62	0.6	0.94	0.26	-0.2	0.0	0.12	0.66	-0.27	0.16	0.89	-0.53		0.23
Capital Stock	0.6	0.36	0.31	0.35	0.13	0.23	0.22	-0.01	0.61	0.99	0.24	-0.14	-0.16	0.04	0.37	0.64	-0.45	0.27	0.97	-0.29	0.58	0.16	-0.1	0.16	0.23

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Eaton Vance Account Relationship Matchups

Eaton Vance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	165.6M	165.3M	126.2M	114.1M	102.7M	126.8M
Total Stockholder Equity	104.8M	104.5M	82.0M	81.4M	73.3M	92.7M
Net Tangible Assets	102.2M	104.8M	104.5M	82.0M	73.8M	90.3M
Retained Earnings	15.8M	15.5M	(5.9M)	(6.2M)	(7.1M)	(6.8M)
Accounts Payable	1.1M	1.1M	250.5K	213.9K	192.5K	182.9K
Cash	3.8M	391.5K	1.8M	394.3K	354.9K	337.1K
Net Receivables	1.5M	3.3M	1.2M	1.4M	1.3M	1.7M
Total Liab	60.8M	60.8M	44.2M	32.7M	37.6M	47.0M
Long Term Investments	160.3M	161.7M	123.1M	112.3M	101.0M	123.2M
Other Current Liab	(1.1M)	(1.1M)	(250.5K)	(213.9K)	(192.5K)	(202.1K)
Total Current Liabilities	1.1M	1.1M	250.5K	213.9K	246.0K	420.7K
Net Debt	55.7M	59.2M	42.0M	(394.3K)	(453.5K)	(430.8K)
Non Current Assets Total	160.3M	161.7M	123.1M	112.3M	101.0M	121.9M
Non Currrent Assets Other	(160.3M)	(161.7M)	(123.1M)	(112.3M)	(129.1M)	(135.6M)
Cash And Short Term Investments	3.8M	391.5K	1.8M	394.3K	354.9K	337.1K
Liabilities And Stockholders Equity	165.6M	165.3M	126.2M	114.1M	102.7M	124.8M
Non Current Liabilities Total	59.6M	59.6M	250.5K	32.3M	37.1M	39.0M
Total Current Assets	5.3M	3.6M	3.1M	1.8M	1.6M	2.8M
Short Long Term Debt Total	59.6M	59.6M	43.8M	32.3M	37.1M	35.7M
Net Invested Capital	164.4M	164.0M	125.8M	113.7M	102.3M	113.1M

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