Eventbrite Change In Cash vs Cash And Equivalents Analysis

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 Change In Cash and its Cash And Equivalents 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.

Change In Cash vs Cash And Equivalents

Change In Cash vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eventbrite Class A Change In Cash account and Cash And Equivalents. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Eventbrite's Change In Cash and Cash And Equivalents is 0.14. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Cash And Equivalents 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 Change In Cash and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Eventbrite Class A are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Change In Cash i.e., Eventbrite's Change In Cash and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change In Cash

Cash And Equivalents

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.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization21.5M16.0M14.7M17.5M
Interest Income16.3M17.6M27.5M28.9M

Eventbrite fundamental ratios Correlations

0.81-0.190.970.88-0.170.63-0.69-0.65-0.850.750.960.890.020.120.760.96-0.210.980.890.40.770.120.96-0.790.07
0.81-0.670.780.5-0.40.27-0.91-0.2-0.940.940.860.54-0.49-0.261.00.9-0.670.760.860.550.940.540.83-0.9-0.41
-0.19-0.67-0.140.070.580.120.79-0.350.65-0.77-0.350.140.770.43-0.72-0.410.98-0.11-0.45-0.57-0.71-0.56-0.320.680.87
0.970.78-0.140.83-0.20.59-0.69-0.61-0.840.730.920.85-0.04-0.020.740.93-0.180.950.880.450.750.130.92-0.780.05
0.880.50.070.83-0.230.91-0.42-0.88-0.620.480.850.810.380.40.450.810.030.830.770.20.46-0.360.89-0.550.28
-0.17-0.40.58-0.2-0.23-0.430.550.090.49-0.51-0.350.260.410.37-0.45-0.420.670.0-0.48-0.49-0.40.18-0.420.510.66
0.630.270.120.590.91-0.43-0.24-0.89-0.420.290.670.510.470.430.230.630.050.540.610.070.22-0.650.73-0.350.24
-0.69-0.910.79-0.69-0.420.55-0.240.050.96-0.99-0.75-0.390.620.38-0.92-0.820.81-0.63-0.83-0.79-0.97-0.47-0.750.980.66
-0.65-0.2-0.35-0.61-0.880.09-0.890.050.29-0.14-0.66-0.66-0.66-0.59-0.15-0.56-0.27-0.6-0.540.25-0.090.58-0.650.17-0.58
-0.85-0.940.65-0.84-0.620.49-0.420.960.29-0.98-0.9-0.580.420.21-0.93-0.940.67-0.79-0.93-0.68-0.96-0.36-0.890.990.45
0.750.94-0.770.730.48-0.510.29-0.99-0.14-0.980.820.46-0.56-0.320.950.87-0.780.680.860.720.980.470.79-0.98-0.57
0.960.86-0.350.920.85-0.350.67-0.75-0.66-0.90.820.77-0.060.080.820.98-0.390.90.940.360.80.10.97-0.82-0.05
0.890.540.140.850.810.260.51-0.39-0.66-0.580.460.770.30.360.460.730.150.950.650.160.520.070.75-0.520.4
0.02-0.490.77-0.040.380.410.470.62-0.660.42-0.56-0.060.30.88-0.55-0.160.750.08-0.12-0.64-0.59-0.72-0.010.50.83
0.12-0.260.43-0.020.40.370.430.38-0.590.21-0.320.080.360.88-0.31-0.020.450.190.05-0.56-0.37-0.50.120.290.63
0.761.0-0.720.740.45-0.450.23-0.92-0.15-0.930.950.820.46-0.55-0.310.88-0.720.70.840.570.930.560.8-0.9-0.47
0.960.9-0.410.930.81-0.420.63-0.82-0.56-0.940.870.980.73-0.16-0.020.88-0.450.890.960.490.850.170.98-0.88-0.16
-0.21-0.670.98-0.180.030.670.050.81-0.270.67-0.78-0.390.150.750.45-0.72-0.45-0.11-0.52-0.57-0.7-0.49-0.360.70.87
0.980.76-0.110.950.830.00.54-0.63-0.6-0.790.680.90.950.080.190.70.89-0.110.830.370.720.190.9-0.730.15
0.890.86-0.450.880.77-0.480.61-0.83-0.54-0.930.860.940.65-0.120.050.840.96-0.520.830.480.80.130.96-0.88-0.23
0.40.55-0.570.450.2-0.490.07-0.790.25-0.680.720.360.16-0.64-0.560.570.49-0.570.370.480.750.340.44-0.79-0.72
0.770.94-0.710.750.46-0.40.22-0.97-0.09-0.960.980.80.52-0.59-0.370.930.85-0.70.720.80.750.540.77-0.97-0.52
0.120.54-0.560.13-0.360.18-0.65-0.470.58-0.360.470.10.07-0.72-0.50.560.17-0.490.190.130.340.540.02-0.39-0.44
0.960.83-0.320.920.89-0.420.73-0.75-0.65-0.890.790.970.75-0.010.120.80.98-0.360.90.960.440.770.02-0.83-0.08
-0.79-0.90.68-0.78-0.550.51-0.350.980.170.99-0.98-0.82-0.520.50.29-0.9-0.880.7-0.73-0.88-0.79-0.97-0.39-0.830.55
0.07-0.410.870.050.280.660.240.66-0.580.45-0.57-0.050.40.830.63-0.47-0.160.870.15-0.23-0.72-0.52-0.44-0.080.55
Click cells to compare fundamentals

Eventbrite Account Relationship Matchups

Eventbrite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets808.0M795.7M903.0M895.4M913.3M820.8M
Short Long Term Debt Total25.3M223.1M366.4M361.7M361.0M216.7M
Other Current Liab339.3M45.6M52.3M32.5M40.5M38.5M
Total Current Liabilities350.3M246.5M358.0M361.0M357.6M327.0M
Total Stockholder Equity425.8M315.6M169.9M166.6M191.8M189.7M
Other Liab15.7M15.4M12.9M8.9M8.0M13.4M
Net Tangible Assets206.1M98.9M(35.6M)(29.7M)(34.2M)(35.9M)
Property Plant And Equipment Net41.9M25.5M18.1M11.5M9.6M9.1M
Net Debt(395.4M)(282.7M)(268.0M)(177.6M)(128.2M)(134.7M)
Retained Earnings(372.8M)(597.5M)(733.6M)(789.0M)(815.4M)(774.7M)
Accounts Payable1.9M193.0M286.3M310.3M305.3M320.5M
Cash420.7M505.8M634.4M539.3M489.2M461.4M
Non Current Assets Total283.4M258.6M229.4M212.2M201.5M251.7M
Non Currrent Assets Other21.8M16.4M5.8M4.4M4.2M4.0M
Other Assets21.8M30.3M5.8M4.4M4.0M3.8M
Long Term Debt0.0206.6M353.6M355.6M357.7M199.2M
Cash And Short Term Investments420.7M505.8M634.4M623.5M642.9M494.1M
Net Receivables57.8M10.8M3.2M3.6M6.3M5.9M
Common Stock Shares Outstanding82.0M89.3M94.3M98.3M100.3M74.8M
Long Term Debt Total300K206.6M353.6M355.6M408.9M429.4M
Liabilities And Stockholders Equity808.0M795.7M903.0M895.4M913.3M820.8M
Non Current Liabilities Total31.9M233.6M375.1M367.8M364.0M304.1M
Capital Surpluse798.6M913.1M903.5M955.5M1.1B695.2M
Capital Lease Obligations25.3M16.5M12.8M6.2M3.3M3.1M
Inventory36.4M16.5M18.7M721K648.9K616.5K
Other Current Assets9.6M20.6M36.1M56.0M62.7M65.8M
Other Stockholder Equity798.6M913.1M903.5M955.5M1.0B645.8M
Total Liab382.2M480.1M733.1M728.8M721.6M631.1M
Property Plant And Equipment Gross41.9M25.5M75.8M72.8M67.5M56.5M
Total Current Assets524.6M537.1M673.6M683.2M711.9M569.2M
Non Current Liabilities Other557K1.2M1K100K90K85.5K
Short Term Debt9.1M4.9M8.3M5.6M3.0M2.9M