Eddy Accounts Payable vs Capital Stock Analysis
EDY Stock | 2.55 0.05 2.00% |
Eddy Smart financial indicator trend analysis is much more than just examining Eddy Smart Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eddy Smart Home is a good investment. Please check the relationship between Eddy Smart Accounts Payable and its Capital Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eddy Smart Home. 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.
Accounts Payable vs Capital Stock
Accounts Payable vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eddy Smart Home Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have totally related.
The correlation between Eddy Smart's Accounts Payable and Capital Stock is 1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Eddy Smart Home, assuming nothing else is changed. The correlation between historical values of Eddy Smart's Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Eddy Smart Home are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., Eddy Smart's Accounts Payable and Capital Stock go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Eddy Smart obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eddy Smart Home are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Eddy Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eddy Smart Home 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 Eddy Smart Home. 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. Selling General Administrative is likely to drop to about 6.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 297.9K | 13.0M | 10.3M | 6.5M | Depreciation And Amortization | 321.3K | 692.7K | 810.2K | 558.4K |
Eddy Smart fundamental ratios Correlations
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Eddy Smart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Eddy Stock Analysis
When running Eddy Smart's price analysis, check to measure Eddy Smart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eddy Smart is operating at the current time. Most of Eddy Smart's value examination focuses on studying past and present price action to predict the probability of Eddy Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eddy Smart's price. Additionally, you may evaluate how the addition of Eddy Smart to your portfolios can decrease your overall portfolio volatility.