| EB Stock | | | USD 3.36 0.01 0.30% |
Eventbrite financial indicator trend analysis is much more than just examining Eventbrite Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eventbrite Class A is a good investment. Please check the relationship between Eventbrite Begin Period Cash Flow and its Cash Ratio accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Begin Period Cash Flow vs Cash Ratio
Begin Period Cash Flow vs Cash Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eventbrite Class A Begin Period Cash Flow account and
Cash Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eventbrite's Begin Period Cash Flow and Cash Ratio is 0.72. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Eventbrite Class A, assuming nothing else is changed. The correlation between historical values of Eventbrite's Begin Period Cash Flow and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Eventbrite Class A are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Begin Period Cash Flow i.e., Eventbrite's Begin Period Cash Flow and Cash Ratio go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Cash Ratio
Most indicators from Eventbrite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eventbrite Class A 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 Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At present, Eventbrite's
Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's
Sales General And Administrative To Revenue is expected to grow to 0.33, whereas
Selling General Administrative is forecasted to decline to about 91
M.
Eventbrite fundamental ratios Correlations
Click cells to compare fundamentals
Eventbrite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eventbrite fundamental ratios Accounts