| 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 Depreciation 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 Depreciation
Net Borrowings vs Depreciation 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
Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Eaton Vance's Net Borrowings and Depreciation is 0.36. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Depreciation 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 Depreciation 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 Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Borrowings i.e., Eaton Vance's Net Borrowings and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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.
Depreciation
Depreciation indicates how much of Eaton Vance Floating value has been used up. For tax purposes Eaton Vance can deduct the cost of the tangible assets it purchases as business expenses. However, Eaton Vance Floating must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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.
Eaton Vance fundamental ratios Correlations
Click cells to compare fundamentals
Eaton Vance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton Vance fundamental ratios Accounts
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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.