Edgio End Period Cash Flow vs Stock Based Compensation Analysis
EGIO Stock | USD 0.02 0.00 0.00% |
Edgio financial indicator trend analysis is much more than just examining Edgio Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edgio Inc is a good investment. Please check the relationship between Edgio End Period Cash Flow and its Stock Based Compensation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
End Period Cash Flow vs Stock Based Compensation
End Period Cash Flow vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edgio Inc End Period Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Edgio's End Period Cash Flow and Stock Based Compensation is 0.22. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Edgio Inc, assuming nothing else is changed. The correlation between historical values of Edgio's End Period Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Edgio Inc are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of End Period Cash Flow i.e., Edgio's End Period Cash Flow and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
End Period Cash Flow
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Edgio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edgio Inc 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Edgio's Selling General Administrative is very stable compared to the past year. As of the 26th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.26, while Tax Provision is likely to drop (916.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 60.0M | 107.5M | 117.6M | 63.6M | Total Revenue | 217.6M | 338.6M | 403.6M | 423.8M |
Edgio fundamental ratios Correlations
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Edgio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edgio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 209.4M | 314.2M | 311.5M | 542.4M | 623.7M | 654.9M | |
Total Stockholder Equity | 166.5M | 175.2M | 139.3M | 239.3M | 275.2M | 166.8M | |
Net Debt | (2.8M) | 67.9M | 91.3M | 101.2M | 116.4M | 122.2M | |
Cash | 18.3M | 46.8M | 41.9M | 55.3M | 63.6M | 53.3M | |
Cash And Short Term Investments | 18.3M | 123.7M | 79.3M | 74.0M | 85.1M | 80.6M | |
Common Stock Shares Outstanding | 115.9M | 121.2M | 127.8M | 182.4M | 209.7M | 220.2M | |
Liabilities And Stockholders Equity | 209.4M | 314.2M | 311.5M | 542.4M | 623.7M | 654.9M | |
Other Stockholder Equity | 530.3M | 556.5M | 576.8M | 823.8M | 947.4M | 994.7M | |
Total Liab | 42.8M | 139.0M | 172.2M | 303.1M | 348.5M | 365.9M | |
Total Current Assets | 62.8M | 171.1M | 134.6M | 195.1M | 224.4M | 120.8M | |
Other Current Liab | 11.3M | 15.1M | 22.2M | 82.5M | 94.9M | 99.6M | |
Total Current Liabilities | 28.6M | 25.8M | 39.6M | 152.3M | 175.1M | 183.9M | |
Property Plant And Equipment Net | 59.0M | 56.6M | 40.3M | 78.8M | 90.6M | 95.1M | |
Retained Earnings | (354.7M) | (373.9M) | (429.3M) | (573.0M) | (515.7M) | (490.0M) | |
Accounts Payable | 12.0M | 4.6M | 10.6M | 52.8M | 60.7M | 63.7M | |
Non Current Assets Total | 146.6M | 143.1M | 176.9M | 347.3M | 399.4M | 419.3M | |
Non Currrent Assets Other | 9.1M | 7.2M | 5.5M | 5.3M | 6.1M | 4.5M | |
Net Receivables | 34.6M | 31.7M | 42.3M | 101.7M | 117.0M | 122.8M | |
Non Current Liabilities Total | 14.2M | 113.2M | 132.6M | 150.8M | 173.4M | 182.1M | |
Other Current Assets | 6.9M | 11.2M | 9.1M | 19.4M | 22.3M | 23.4M | |
Accumulated Other Comprehensive Income | (9.2M) | (7.5M) | (8.3M) | (11.7M) | (10.5M) | (10.0M) | |
Short Term Debt | 4.1M | 4.9M | (110K) | 4.6M | 5.2M | 5.0M | |
Common Stock | 118K | 124K | 134K | 16.5M | 19.0M | 20.0M | |
Current Deferred Revenue | 976K | 933K | 3.3M | 9.3M | 8.4M | 8.8M | |
Short Term Investments | 0.0 | 76.9M | 37.4M | 18.7M | 16.9M | 28.1M | |
Good Will | 77.1M | 77.8M | 114.5M | 169.2M | 194.5M | 204.3M | |
Net Invested Capital | 166.5M | 276.1M | 263.4M | 362.0M | 416.2M | 271.3M | |
Capital Stock | 118K | 124K | 134K | 16.5M | 19.0M | 20.0M | |
Non Current Liabilities Other | 316K | 479K | 777K | 1.7M | 1.9M | 2.0M | |
Net Working Capital | 34.2M | 145.3M | 97.7M | 42.9M | 49.3M | 83.2M |
Pair Trading with Edgio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edgio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edgio will appreciate offsetting losses from the drop in the long position's value.Moving against Edgio Stock
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The ability to find closely correlated positions to Edgio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edgio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edgio Inc to buy it.
The correlation of Edgio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edgio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgio Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Edgio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edgio. If investors know Edgio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (26.00) | Revenue Per Share 72.469 | Quarterly Revenue Growth (0.12) | Return On Assets (0.14) | Return On Equity (0.63) |
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edgio's market value can be influenced by many factors that don't directly affect Edgio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.