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 Net Tangible Assets and its Accounts Payable 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.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Emerald Expositions Net Tangible Assets account and
Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Emerald Expositions' Net Tangible Assets and Accounts Payable is 0.5. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable 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' Net Tangible Assets and Accounts Payable 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 Tangible Assets of Emerald Expositions Events are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Emerald Expositions' Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Accounts Payable
An accounting item on the balance sheet that represents Emerald Expositions 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 Emerald Expositions 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.
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.
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
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