Eaton Net Borrowings vs Change To Netincome Analysis

EFT Stock  USD 13.47  0.01  0.07%   
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance Floating latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance Floating is a good investment. Please check the relationship between Eaton Vance Net Borrowings and its Change To Netincome accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Floating. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Borrowings vs Change To Netincome

Net Borrowings vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance Floating Net Borrowings account and Change To Netincome. At this time, the significance of the direction appears to have pay attention.
The correlation between Eaton Vance's Net Borrowings and Change To Netincome is -0.91. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Eaton Vance Floating, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Net Borrowings and Change To Netincome 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 Borrowings of Eaton Vance Floating are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Borrowings i.e., Eaton Vance's Net Borrowings and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Change To Netincome

Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance Floating 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 Eaton Vance Floating. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Eaton Vance's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 8.04 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income30.5M48.2M54.6M36.9M
Net Interest Income26.5M37.4M40.6M29.3M

Eaton Vance fundamental ratios Correlations

-0.080.770.220.620.52-0.53-0.020.320.940.850.40.780.680.77-0.480.99-0.710.570.17-0.520.550.070.430.890.46
-0.080.430.8-0.21-0.330.040.64-0.730.14-0.180.62-0.09-0.27-0.250.56-0.160.39-0.130.250.33-0.08-0.24-0.12-0.18-0.03
0.770.430.480.360.31-0.330.32-0.330.860.490.870.510.450.53-0.360.69-0.490.480.11-0.390.440.040.290.580.25
0.220.80.480.07-0.18-0.040.38-0.350.390.050.470.09-0.21-0.140.490.170.11-0.020.50.28-0.02-0.03-0.090.160.05
0.62-0.210.360.070.81-0.150.070.320.420.360.20.160.340.48-0.480.6-0.580.80.11-0.280.780.260.250.480.15
0.52-0.330.31-0.180.81-0.06-0.060.20.260.180.260.00.420.52-0.690.48-0.660.96-0.11-0.370.90.37-0.10.380.09
-0.530.04-0.33-0.04-0.15-0.060.23-0.18-0.55-0.68-0.08-0.67-0.66-0.670.21-0.560.47-0.1-0.130.21-0.070.11-0.37-0.4-0.95
-0.020.640.320.380.07-0.060.23-0.540.11-0.080.47-0.02-0.22-0.170.31-0.10.230.080.140.290.31-0.10.240.02-0.11
0.32-0.73-0.33-0.350.320.2-0.18-0.540.130.52-0.710.410.230.24-0.120.43-0.240.030.13-0.170.050.030.240.420.11
0.940.140.860.390.420.26-0.550.110.130.840.510.840.590.66-0.310.92-0.590.360.25-0.430.35-0.010.480.860.47
0.85-0.180.490.050.360.18-0.68-0.080.520.840.030.970.650.69-0.240.9-0.510.180.2-0.460.22-0.210.640.840.6
0.40.620.870.470.20.26-0.080.47-0.710.510.030.070.220.29-0.280.28-0.260.46-0.04-0.210.410.090.020.170.05
0.78-0.090.510.090.160.0-0.67-0.020.410.840.970.070.60.61-0.150.82-0.440.020.21-0.410.09-0.250.650.80.6
0.68-0.270.45-0.210.340.42-0.66-0.220.230.590.650.220.60.99-0.590.68-0.440.47-0.48-0.660.44-0.110.30.560.62
0.77-0.250.53-0.140.480.52-0.67-0.170.240.660.690.290.610.99-0.620.76-0.530.58-0.39-0.650.54-0.060.330.630.63
-0.480.56-0.360.49-0.48-0.690.210.31-0.12-0.31-0.24-0.28-0.15-0.59-0.62-0.460.76-0.650.360.62-0.52-0.36-0.18-0.32-0.16
0.99-0.160.690.170.60.48-0.56-0.10.430.920.90.280.820.680.76-0.46-0.70.510.19-0.520.490.050.450.910.48
-0.710.39-0.490.11-0.58-0.660.470.23-0.24-0.59-0.51-0.26-0.44-0.44-0.530.76-0.7-0.61-0.270.37-0.51-0.45-0.27-0.58-0.44
0.57-0.130.48-0.020.80.96-0.10.080.030.360.180.460.020.470.58-0.650.51-0.61-0.14-0.310.950.4-0.120.40.13
0.170.250.110.50.11-0.11-0.130.140.130.250.2-0.040.21-0.48-0.390.360.19-0.27-0.140.45-0.110.20.10.220.13
-0.520.33-0.390.28-0.28-0.370.210.29-0.17-0.43-0.46-0.21-0.41-0.66-0.650.62-0.520.37-0.310.45-0.210.44-0.35-0.41-0.17
0.55-0.080.44-0.020.780.9-0.070.310.050.350.220.410.090.440.54-0.520.49-0.510.95-0.11-0.210.340.010.420.13
0.07-0.240.04-0.030.260.370.11-0.10.03-0.01-0.210.09-0.25-0.11-0.06-0.360.05-0.450.40.20.440.34-0.320.08-0.1
0.43-0.120.29-0.090.25-0.1-0.370.240.240.480.640.020.650.30.33-0.180.45-0.27-0.120.1-0.350.01-0.320.370.3
0.89-0.180.580.160.480.38-0.40.020.420.860.840.170.80.560.63-0.320.91-0.580.40.22-0.410.420.080.370.42
0.46-0.030.250.050.150.09-0.95-0.110.110.470.60.050.60.620.63-0.160.48-0.440.130.13-0.170.13-0.10.30.42
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Eaton Vance Account Relationship Matchups

Eaton Vance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets810.0M938.6M620.4M580.6M563.1M715.3M
Total Stockholder Equity519.5M580.6M385.3M369.6M349.0M284.6M
Net Tangible Assets606.4M519.5M580.6M385.3M346.8M511.0M
Retained Earnings(105.3M)(44.1M)(81.8M)(97.5M)(81.3M)(85.4M)
Accounts Payable18.8M24.3M7.0M11.9M21.0M18.2M
Cash3.0M5.3M2.4M8.8M10.5M6.7M
Other Assets636.1K432.7K319.7K132.3K563.1M591.2M
Net Receivables11.9M11.2M5.8M6.6M11.8M7.2M
Total Liab290.5M358.0M235.1M211.0M214.1M322.2M
Long Term Investments794.0M919.1M611.9M564.3M540.5M671.4M
Other Current Liab191.9M253.8M148.1M119.1M685.2K650.9K
Total Current Liabilities210.7M278.1M155.1M131.0M21.7M20.6M
Net Debt187.0M244.7M144.6M109.2M178.7M119.0M
Non Current Assets Total793.9M915.1M609.9M564.3M540.8M684.0M
Non Currrent Assets Other(68.5K)(4.0M)(2.0M)(564.3M)239.1K251.0K
Cash And Short Term Investments3.0M9.3M4.3M8.8M10.5M7.0M
Non Current Liabilities Total79.9M79.9M79.9M79.9M80.0M76.1M
Other Stockholder Equity104.9M624.3M466.8M466.8M430.0M302.0M
Total Current Assets15.4M23.1M10.2M16.1M22.3M14.5M
Other Current Assets(22.0M)3.1M907.3K1.3M243.4K255.5K
Deferred Long Term Liab279.5K587.4K383.9K270.9K243.8K325.5K
Short Long Term Debt Total190M250M147M118M192M159.9M
Liabilities And Stockholders Equity810.0M938.6M620.4M580.6M563.1M622.4M
Net Invested Capital709.5M830.6M532.3M487.6M461.0M543.0M
Current Deferred Revenue(190M)(250M)(147M)(118M)(1.6M)(1.7M)
Short Term Investments(68.5K)(4.0M)(2.0M)6.1M7.0M7.3M
Inventory1.029.4M14.5M22.2M(219.3K)(208.3K)
Short Term Debt190M250M147M118M112M142M

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Additional Tools for Eaton Stock Analysis

When running Eaton Vance's price analysis, check to measure Eaton Vance'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 Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.