East Net Debt vs Cash Analysis

EAGR Stock

0.60 0.01 1.69%

East Side financial indicator trend analysis is much more than just examining East Side Games latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether East Side Games is a good investment. Please check the relationship between East Side Net Debt and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in East Side Games. 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.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of East Side Games Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between East Side's Net Debt and Cash is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of East Side Games, assuming nothing else is changed. The correlation between historical values of East Side's Net Debt 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 Debt of East Side Games 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 Debt i.e., East Side's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of East Side Games, which is listed under current asset account on East Side Games balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from East Side customers. The amounts must be unrestricted with restricted cash listed in a different East Side 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 East Side's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into East Side Games 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in East Side Games. 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.

At this time, East Side's Issuance Of Capital Stock is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 9.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	59.9M	59.7M	42.9M	34.2M
Total Revenue	93.2M	116.3M	87.0M	65.4M

Gross Profit Total Revenue

East Side fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.75	0.93	0.83	0.48	-0.82	-0.95	0.93	0.83	0.99	0.48	0.16	0.99	0.96	-0.86	0.55	0.59	0.92	0.92	0.91	0.93	0.91	-0.9	0.34	0.59	0.56
Other Current Liab	0.75		0.91	0.4	0.63	-0.75	-0.78	0.71	0.74	0.75	0.57	0.18	0.72	0.66	-0.69	0.94	0.25	0.66	0.93	0.69	0.64	0.66	-0.69	0.67	0.51	0.04
Total Current Liabilities	0.93	0.91		0.65	0.52	-0.9	-0.91	0.93	0.91	0.93	0.65	0.25	0.91	0.88	-0.8	0.78	0.42	0.83	1.0	0.86	0.83	0.82	-0.8	0.58	0.56	0.3
Total Stockholder Equity	0.83	0.4	0.65		0.36	-0.63	-0.87	0.74	0.61	0.83	0.1	0.0	0.84	0.83	-0.83	0.1	0.88	0.95	0.62	0.74	0.95	0.94	-0.88	-0.1	0.58	0.91
Property Plant And Equipment Net	0.48	0.63	0.52	0.36		-0.33	-0.62	0.36	0.34	0.56	-0.14	-0.61	0.4	0.45	-0.77	0.43	0.31	0.53	0.55	0.17	0.53	0.57	-0.58	-0.07	0.76	0.27
Net Debt	-0.82	-0.75	-0.9	-0.63	-0.33		0.84	-0.94	-0.99	-0.81	-0.66	-0.27	-0.8	-0.88	0.74	-0.63	-0.51	-0.77	-0.87	-0.78	-0.78	-0.75	0.6	-0.54	-0.58	-0.34
Retained Earnings	-0.95	-0.78	-0.91	-0.87	-0.62	0.84		-0.9	-0.83	-0.96	-0.33	0.0	-0.93	-0.94	0.94	-0.53	-0.71	-0.97	-0.9	-0.82	-0.98	-0.98	0.91	-0.23	-0.75	-0.64
Accounts Payable	0.93	0.71	0.93	0.74	0.36	-0.94	-0.9		0.96	0.93	0.6	0.22	0.9	0.96	-0.79	0.54	0.51	0.84	0.9	0.84	0.86	0.82	-0.72	0.41	0.6	0.47
Cash	0.83	0.74	0.91	0.61	0.34	-0.99	-0.83	0.96		0.83	0.67	0.24	0.81	0.89	-0.74	0.62	0.46	0.75	0.88	0.77	0.77	0.73	-0.59	0.53	0.59	0.32
Non Current Assets Total	0.99	0.75	0.93	0.83	0.56	-0.81	-0.96	0.93	0.83		0.42	0.06	0.97	0.96	-0.89	0.53	0.58	0.92	0.91	0.86	0.93	0.92	-0.9	0.27	0.66	0.57
Non Currrent Assets Other	0.48	0.57	0.65	0.1	-0.14	-0.66	-0.33	0.6	0.67	0.42		0.76	0.5	0.41	-0.16	0.7	-0.09	0.26	0.64	0.64	0.24	0.21	-0.23	0.91	-0.17	-0.27
Cash And Short Term Investments	0.16	0.18	0.25	0.0	-0.61	-0.27	0.0	0.22	0.24	0.06	0.76		0.24	0.04	0.25	0.36	-0.1	0.04	0.24	0.5	0.0	-0.02	-0.05	0.73	-0.57	-0.25
Net Receivables	0.99	0.72	0.91	0.84	0.4	-0.8	-0.93	0.9	0.81	0.97	0.5	0.24		0.94	-0.81	0.54	0.61	0.92	0.89	0.95	0.91	0.9	-0.9	0.36	0.52	0.56
Common Stock Shares Outstanding	0.96	0.66	0.88	0.83	0.45	-0.88	-0.94	0.96	0.89	0.96	0.41	0.04	0.94		-0.87	0.43	0.64	0.9	0.85	0.83	0.92	0.9	-0.79	0.23	0.72	0.62
Short Term Investments	-0.86	-0.69	-0.8	-0.83	-0.77	0.74	0.94	-0.79	-0.74	-0.89	-0.16	0.25	-0.81	-0.87		-0.42	-0.74	-0.92	-0.79	-0.65	-0.93	-0.93	0.86	-0.06	-0.81	-0.67
Inventory	0.55	0.94	0.78	0.1	0.43	-0.63	-0.53	0.54	0.62	0.53	0.7	0.36	0.54	0.43	-0.42		-0.03	0.4	0.82	0.59	0.36	0.39	-0.45	0.85	0.24	-0.28
Other Current Assets	0.59	0.25	0.42	0.88	0.31	-0.51	-0.71	0.51	0.46	0.58	-0.09	-0.1	0.61	0.64	-0.74	-0.03		0.82	0.39	0.56	0.81	0.83	-0.71	-0.2	0.54	0.89
Other Stockholder Equity	0.92	0.66	0.83	0.95	0.53	-0.77	-0.97	0.84	0.75	0.92	0.26	0.04	0.92	0.9	-0.92	0.4	0.82		0.81	0.83	0.99	1.0	-0.95	0.14	0.66	0.76
Total Liab	0.92	0.93	1.0	0.62	0.55	-0.87	-0.9	0.9	0.88	0.91	0.64	0.24	0.89	0.85	-0.79	0.82	0.39	0.81		0.85	0.81	0.8	-0.8	0.6	0.55	0.26
Total Current Assets	0.91	0.69	0.86	0.74	0.17	-0.78	-0.82	0.84	0.77	0.86	0.64	0.5	0.95	0.83	-0.65	0.59	0.56	0.83	0.85		0.81	0.8	-0.82	0.53	0.3	0.43
Common Stock	0.93	0.64	0.83	0.95	0.53	-0.78	-0.98	0.86	0.77	0.93	0.24	0.0	0.91	0.92	-0.93	0.36	0.81	0.99	0.81	0.81		0.99	-0.93	0.09	0.71	0.78
Other Liab	0.91	0.66	0.82	0.94	0.57	-0.75	-0.98	0.82	0.73	0.92	0.21	-0.02	0.9	0.9	-0.93	0.39	0.83	1.0	0.8	0.8	0.99		-0.94	0.1	0.7	0.77
Net Tangible Assets	-0.9	-0.69	-0.8	-0.88	-0.58	0.6	0.91	-0.72	-0.59	-0.9	-0.23	-0.05	-0.9	-0.79	0.86	-0.45	-0.71	-0.95	-0.8	-0.82	-0.93	-0.94		-0.15	-0.54	-0.67
Other Assets	0.34	0.67	0.58	-0.1	-0.07	-0.54	-0.23	0.41	0.53	0.27	0.91	0.73	0.36	0.23	-0.06	0.85	-0.2	0.14	0.6	0.53	0.09	0.1	-0.15		-0.19	-0.48
Property Plant Equipment	0.59	0.51	0.56	0.58	0.76	-0.58	-0.75	0.6	0.59	0.66	-0.17	-0.57	0.52	0.72	-0.81	0.24	0.54	0.66	0.55	0.3	0.71	0.7	-0.54	-0.19		0.55
Short Long Term Debt Total	0.56	0.04	0.3	0.91	0.27	-0.34	-0.64	0.47	0.32	0.57	-0.27	-0.25	0.56	0.62	-0.67	-0.28	0.89	0.76	0.26	0.43	0.78	0.77	-0.67	-0.48	0.55

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East Side Account Relationship Matchups

East Side fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3M	21.0M	82.3M	80.2M	69.5M	43.6M
Other Current Liab	2.6M	329.2K	20.7M	4.5M	4.1M	5.1M
Total Current Liabilities	233.8K	8.9M	33.8M	19.8M	14.1M	12.7M
Total Stockholder Equity	1.1M	10.8M	24.0M	48.5M	48.9M	51.3M
Property Plant And Equipment Net	823.8K	90.7K	680.7K	545.5K	423.6K	502.5K
Net Debt	273.0K	(6.9M)	(9.1M)	(4.8M)	(5.2M)	(5.5M)
Retained Earnings	(519.0K)	(4.9M)	(58.1M)	(47.2M)	(47.1M)	(44.7M)
Accounts Payable	233.8K	8.5M	12.0M	11.3M	8.4M	7.0M
Cash	32.6K	7.2M	9.2M	5.7M	5.2M	4.7M
Non Current Assets Total	1.2M	10.3M	58.6M	61.8M	48.4M	28.8M
Non Currrent Assets Other	(1.2M)	1.5M	2.8M	1.1M	153.8K	146.1K
Cash And Short Term Investments	32.6K	7.2M	9.2M	5.7M	5.2M	6.3M
Net Receivables	20.5K	3.4M	11.8M	11.0M	11.1M	6.7M
Common Stock Shares Outstanding	550K	43.6M	73.5M	80.5M	81.5M	44.1M
Short Term Investments	3.5M	5.2M	0.0	48.9K	44.0K	41.8K
Liabilities And Stockholders Equity	1.3M	21.0M	82.3M	80.2M	69.5M	43.4M
Other Current Assets	2K	627.4K	1.1M	1.7M	4.7M	5.0M
Other Stockholder Equity	(59.8K)	763.6K	7.4M	7.4M	8.2M	8.6M
Total Liab	233.8K	10.2M	58.3M	31.7M	20.6M	19.7M
Total Current Assets	1.3M	10.7M	23.7M	18.4M	21.1M	14.9M
Common Stock	1.6M	14.9M	74.8M	88.3M	87.8M	92.2M
Other Assets	(1.2M)	1.5M	4.8M	1.0	1.15	1.09

Pair Trading with East Side

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if East Side position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in East Side will appreciate offsetting losses from the drop in the long position's value.

Moving against East Stock

0.83	WMT	Walmart Inc CDR	Pair Corr
0.79	COST	Costco Wholesale Corp Earnings Call Tomorrow	Pair Corr
0.74	BN	Brookfield	Pair Corr
0.7	BRK	Berkshire Hathaway CDR	Pair Corr
0.69	JPM	JPMorgan Chase	Pair Corr

The ability to find closely correlated positions to East Side could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace East Side when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back East Side - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling East Side Games to buy it.

The correlation of East Side is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as East Side moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if East Side Games moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for East Side can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in East Stock

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

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East Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

East Side fundamental ratios Correlations

East Side Account Relationship Matchups

High Positive Relationship

High Negative Relationship

East Side fundamental ratios Accounts

Pair Trading with East Side

Moving against East Stock

Other Information on Investing in East Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Other Liab	+ 1.0	Other Stockholder Equity
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Common Stock	+ 0.99	Other Stockholder Equity
Other Liab	+ 0.99	Common Stock

Cash	- 0.99	Net Debt
Other Liab	- 0.98	Retained Earnings
Common Stock	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Non Current Assets Total	- 0.96	Retained Earnings
Net Tangible Assets	- 0.95	Other Stockholder Equity