EEX Stock | | | USD 4.82 0.01 0.21% |
Emerald Expositions financial indicator trend analysis is much more than just examining Emerald Expositions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerald Expositions is a good investment. Please check the relationship between Emerald Expositions Gross Profit and its Depreciation And Amortization accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerald Expositions Events. 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.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Emerald Expositions Gross Profit account and
Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Emerald Expositions' Gross Profit and Depreciation And Amortization is -0.22. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Emerald Expositions Events, assuming nothing else is changed. The correlation between historical values of Emerald Expositions' Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Emerald Expositions Events are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Emerald Expositions' Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Emerald Expositions Events minus its cost of goods sold. It is profit before Emerald Expositions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Emerald Expositions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerald Expositions 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 Emerald Expositions Events. 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, Emerald Expositions'
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 11.46 in 2024, whereas
Selling General Administrative is likely to drop slightly above 128
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 15.8M | 24.5M | 43.3M | 28.6M | Depreciation And Amortization | 50.9M | 62.9M | 45M | 51.6M |
Emerald Expositions fundamental ratios Correlations
Click cells to compare fundamentals
Emerald Expositions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emerald Expositions fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Emerald Stock Analysis
When running Emerald Expositions' price analysis, check to
measure Emerald Expositions' 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 Emerald Expositions is operating at the current time. Most of Emerald Expositions' value examination focuses on studying past and present price action to
predict the probability of Emerald Expositions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerald Expositions' price. Additionally, you may evaluate how the addition of Emerald Expositions to your portfolios can decrease your overall portfolio volatility.