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 Payables Turnover and its Ev To Sales 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.
Payables Turnover vs Ev To Sales
Payables Turnover vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Emerald Expositions Payables Turnover account and
Ev To Sales. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Emerald Expositions' Payables Turnover and Ev To Sales is 0.85. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Ev To Sales 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' Payables Turnover and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Emerald Expositions Events are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Payables Turnover i.e., Emerald Expositions' Payables Turnover and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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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