Eguana Retained Earnings vs Common Stock Shares Outstanding Analysis

EGT Stock

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Eguana Technologies financial indicator trend analysis is much more than just examining Eguana Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eguana Technologies is a good investment. Please check the relationship between Eguana Technologies Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eguana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eguana Technologies Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between Eguana Technologies' Retained Earnings and Common Stock Shares Outstanding is -0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Eguana Technologies, assuming nothing else is changed. The correlation between historical values of Eguana Technologies' Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Eguana Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Eguana Technologies' Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Eguana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eguana Technologies 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 Eguana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Eguana Technologies' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 37.7 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (10.01) in 2024.

	2021	2022	2023	2024 (projected)
Research Development	2.0M	3.4M	4.6M	4.8M
Cost Of Revenue	6.7M	13.8M	13.6M	14.3M

Research Development Cost Of Revenue

Eguana Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Other Current Liab	Inventory	Other Current Assets	Short Term Investments	Intangible Assets	Other Liab
Total Assets		0.79	0.55	-0.01	0.9	0.67	-0.68	0.43	0.8	0.56	0.82	0.76	0.7	0.83	0.14	0.78	1.0	0.7	0.71	-0.11	0.04	0.78	0.81	-0.37	-0.11	0.34
Short Long Term Debt Total	0.79		0.82	-0.57	0.95	0.98	-0.85	0.64	0.33	0.53	0.95	0.98	0.82	0.96	0.09	0.98	0.78	0.93	0.8	-0.12	-0.01	0.86	0.98	-0.79	-0.13	0.09
Total Current Liabilities	0.55	0.82		-0.71	0.79	0.83	-0.85	0.74	0.09	0.2	0.79	0.85	0.76	0.72	0.05	0.87	0.55	0.79	0.77	0.03	0.42	0.81	0.77	-0.78	-0.36	0.1
Total Stockholder Equity	-0.01	-0.57	-0.71		-0.38	-0.7	0.54	-0.63	0.49	-0.04	-0.4	-0.56	-0.41	-0.52	-0.05	-0.62	0.0	-0.58	-0.36	-0.08	-0.13	-0.42	-0.46	0.7	0.18	0.17
Property Plant And Equipment Net	0.9	0.95	0.79	-0.38		0.89	-0.89	0.66	0.54	0.49	0.95	0.92	0.89	0.93	0.08	0.94	0.9	0.86	0.88	-0.19	0.02	0.88	0.94	-0.65	-0.25	0.22
Net Debt	0.67	0.98	0.83	-0.7	0.89		-0.82	0.65	0.15	0.51	0.89	0.96	0.76	0.93	0.11	0.96	0.65	0.92	0.74	-0.06	-0.01	0.83	0.94	-0.84	-0.09	0.02
Retained Earnings	-0.68	-0.85	-0.85	0.54	-0.89	-0.82		-0.85	-0.29	-0.21	-0.86	-0.85	-0.96	-0.78	-0.24	-0.86	-0.69	-0.76	-0.95	0.39	0.02	-0.87	-0.8	0.7	0.43	-0.05
Accounts Payable	0.43	0.64	0.74	-0.63	0.66	0.65	-0.85		0.13	-0.19	0.56	0.6	0.76	0.65	0.31	0.72	0.46	0.65	0.73	-0.27	0.03	0.64	0.49	-0.51	-0.66	-0.08
Cash	0.8	0.33	0.09	0.49	0.54	0.15	-0.29	0.13		0.23	0.43	0.26	0.4	0.41	-0.03	0.32	0.82	0.25	0.42	-0.2	-0.02	0.32	0.36	0.16	-0.23	0.38
Non Current Assets Total	0.56	0.53	0.2	-0.04	0.49	0.51	-0.21	-0.19	0.23		0.52	0.55	0.21	0.55	0.14	0.46	0.49	0.41	0.21	0.12	-0.1	0.52	0.65	-0.38	0.71	0.32
Cash And Short Term Investments	0.82	0.95	0.79	-0.4	0.95	0.89	-0.86	0.56	0.43	0.52		0.97	0.86	0.86	0.06	0.9	0.81	0.85	0.87	-0.22	-0.03	0.87	0.97	-0.78	-0.15	0.11
Net Receivables	0.76	0.98	0.85	-0.56	0.92	0.96	-0.85	0.6	0.26	0.55	0.97		0.81	0.9	0.11	0.94	0.74	0.9	0.81	-0.1	0.03	0.9	0.98	-0.85	-0.08	0.07
Common Stock Shares Outstanding	0.7	0.82	0.76	-0.41	0.89	0.76	-0.96	0.76	0.4	0.21	0.86	0.81		0.75	0.04	0.8	0.71	0.66	0.99	-0.52	-0.14	0.8	0.8	-0.65	-0.44	-0.02
Non Current Liabilities Total	0.83	0.96	0.72	-0.52	0.93	0.93	-0.78	0.65	0.41	0.55	0.86	0.9	0.75		0.17	0.97	0.81	0.88	0.71	-0.07	-0.06	0.83	0.91	-0.65	-0.09	0.16
Other Stockholder Equity	0.14	0.09	0.05	-0.05	0.08	0.11	-0.24	0.31	-0.03	0.14	0.06	0.11	0.04	0.17		0.14	0.13	0.17	0.04	-0.06	-0.08	0.34	0.04	-0.06	0.18	0.11
Total Liab	0.78	0.98	0.87	-0.62	0.94	0.96	-0.86	0.72	0.32	0.46	0.9	0.94	0.8	0.97	0.14		0.78	0.91	0.78	-0.04	0.11	0.88	0.93	-0.74	-0.19	0.14
Total Current Assets	1.0	0.78	0.55	0.0	0.9	0.65	-0.69	0.46	0.82	0.49	0.81	0.74	0.71	0.81	0.13	0.78		0.69	0.72	-0.12	0.06	0.77	0.79	-0.35	-0.18	0.33
Short Term Debt	0.7	0.93	0.79	-0.58	0.86	0.92	-0.76	0.65	0.25	0.41	0.85	0.9	0.66	0.88	0.17	0.91	0.69		0.67	0.09	0.08	0.78	0.86	-0.73	-0.21	0.12
Common Stock	0.71	0.8	0.77	-0.36	0.88	0.74	-0.95	0.73	0.42	0.21	0.87	0.81	0.99	0.71	0.04	0.78	0.72	0.67		-0.49	-0.09	0.81	0.79	-0.65	-0.45	0.03
Non Currrent Assets Other	-0.11	-0.12	0.03	-0.08	-0.19	-0.06	0.39	-0.27	-0.2	0.12	-0.22	-0.1	-0.52	-0.07	-0.06	-0.04	-0.12	0.09	-0.49		0.67	-0.09	-0.14	0.11	0.27	0.45
Other Current Liab	0.04	-0.01	0.42	-0.13	0.02	-0.01	0.02	0.03	-0.02	-0.1	-0.03	0.03	-0.14	-0.06	-0.08	0.11	0.06	0.08	-0.09	0.67		0.12	-0.03	0.01	-0.14	0.37
Inventory	0.78	0.86	0.81	-0.42	0.88	0.83	-0.87	0.64	0.32	0.52	0.87	0.9	0.8	0.83	0.34	0.88	0.77	0.78	0.81	-0.09	0.12		0.87	-0.72	-0.06	0.18
Other Current Assets	0.81	0.98	0.77	-0.46	0.94	0.94	-0.8	0.49	0.36	0.65	0.97	0.98	0.8	0.91	0.04	0.93	0.79	0.86	0.79	-0.14	-0.03	0.87		-0.79	0.0	0.09
Short Term Investments	-0.37	-0.79	-0.78	0.7	-0.65	-0.84	0.7	-0.51	0.16	-0.38	-0.78	-0.85	-0.65	-0.65	-0.06	-0.74	-0.35	-0.73	-0.65	0.11	0.01	-0.72	-0.79		0.01	0.23
Intangible Assets	-0.11	-0.13	-0.36	0.18	-0.25	-0.09	0.43	-0.66	-0.23	0.71	-0.15	-0.08	-0.44	-0.09	0.18	-0.19	-0.18	-0.21	-0.45	0.27	-0.14	-0.06	0.0	0.01		0.1
Other Liab	0.34	0.09	0.1	0.17	0.22	0.02	-0.05	-0.08	0.38	0.32	0.11	0.07	-0.02	0.16	0.11	0.14	0.33	0.12	0.03	0.45	0.37	0.18	0.09	0.23	0.1

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Eguana Technologies Account Relationship Matchups

Eguana Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6M	3.8M	14.9M	47.4M	21.5M	22.5M
Short Long Term Debt Total	5.5M	9.3M	655.7K	36.5M	42.0M	44.1M
Total Current Liabilities	7.2M	8.2M	11.2M	11.1M	19.1M	20.1M
Total Stockholder Equity	(11.0M)	(17.5M)	3.5M	3.6M	(25.1M)	(23.9M)
Property Plant And Equipment Net	405.1K	782.5K	815.7K	2.5M	2.0M	2.1M
Net Debt	5.0M	8.8M	(3.9M)	21.4M	34.1M	35.8M
Retained Earnings	(68.7M)	(76.9M)	(87.3M)	(104.1M)	(139.7M)	(132.7M)
Accounts Payable	4.3M	4.6M	3.6M	4.2M	4.9M	5.1M
Cash	480.2K	527.7K	4.6M	15.0M	814.0K	773.3K
Non Current Assets Total	405.1K	782.5K	973.7K	2.6M	2.4M	2.2M
Cash And Short Term Investments	480.2K	527.7K	4.6M	15.0M	17.3M	18.2M
Net Receivables	809.9K	684.3K	2.5M	13.5M	20.0M	21.0M
Common Stock Shares Outstanding	223.1M	227.6M	299.3M	393.4M	449.0M	471.4M
Liabilities And Stockholders Equity	4.6M	3.8M	14.9M	47.4M	54.5M	57.2M
Non Current Liabilities Total	8.4M	13.0M	188.8K	32.7M	27.5M	28.9M
Other Stockholder Equity	11.9M	13.5M	15.2M	13.7M	15.8M	13.9M
Total Liab	15.6M	21.2M	11.4M	43.8M	46.6M	48.9M
Total Current Assets	4.1M	3.0M	13.9M	44.8M	19.0M	20.0M
Short Term Debt	1.1M	1.5M	466.9K	3.8M	4.4M	4.6M
Common Stock	45.4M	45.6M	75.3M	85.2M	98.0M	102.9M
Other Current Liab	980.1K	1.6M	7.1M	3.0M	2.9M	3.0M
Inventory	2.4M	1.5M	5.9M	7.0M	8.5M	8.9M
Other Current Assets	491.0K	253.4K	930.5K	9.2M	10.6M	11.1M
Accumulated Other Comprehensive Income	(152.9K)	(229.7K)	(244.4K)	8.8M	10.2M	10.7M
Other Liab	529.5K	443.0K	340.9K	842.3K	758.0K	460.7K
Net Tangible Assets	(11.6M)	(18.0M)	2.8M	9.6M	11.1M	11.6M
Long Term Debt	2.5M	4.4M	7.6M	31.8M	26.7M	28.1M
Short Long Term Debt	1.1M	1.3M	283.2K	3.6M	8.2M	8.6M
Property Plant Equipment	405.1K	782.5K	815.7K	2.1M	2.5M	2.6M
Current Deferred Revenue	796.6K	610.9K	95.4K	28.3K	25.5K	24.2K
Non Current Liabilities Other	521.7K	443.0K	340.9K	842.3K	968.6K	603.3K
Net Invested Capital	(6.1M)	(9.1M)	3.2M	39.0M	9.8M	5.5M
Net Working Capital	(3.0M)	(5.2M)	2.7M	33.7M	(63.9K)	(60.7K)
Capital Stock	45.9M	46.2M	75.9M	85.2M	92.1M	71.5M

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