Eshallgo Gross Profit vs Interest Income Analysis

EHGO Stock

3.56 0.37 9.41%

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

Gross Profit vs Interest Income

Gross Profit vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eshallgo Class A Gross Profit account and Interest Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Eshallgo's Gross Profit and Interest Income is 0.65. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income in the same time period over historical financial statements of Eshallgo Class A, assuming nothing else is changed. The correlation between historical values of Eshallgo's Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Eshallgo Class A are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., Eshallgo's Gross Profit and Interest Income go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Eshallgo Class A minus its cost of goods sold. It is profit before Eshallgo operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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

At this time, Eshallgo's Issuance Of Capital Stock is very stable compared to the past year. As of the 5th of January 2025, Enterprise Value Over EBITDA is likely to grow to 74.65, while Tax Provision is likely to drop about 142.3 K.

	2022	2023	2024	2025 (projected)
Net Interest Income	17.5K	10.6K	9.5K	14.8K
Tax Provision	107.8K	124.8K	143.5K	142.3K

Net Interest Income Tax Provision

Eshallgo fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Non Currrent Assets Other	Other Assets
Total Assets		0.93	0.57	1.0	0.85	1.0	0.48	0.91	0.82	0.97	-0.67	-0.52	0.22	0.96	0.7	0.53	1.0	1.0	1.0	0.67	0.99	-0.92	0.61	-0.63	0.91	-0.49
Other Current Liab	0.93		0.74	0.93	0.97	0.91	0.65	0.73	0.94	0.85	-0.48	-0.37	0.38	0.98	0.89	0.72	0.93	0.95	0.9	0.43	0.88	-0.76	0.32	-0.41	0.83	-0.37
Total Current Liabilities	0.57	0.74		0.54	0.69	0.54	0.98	0.4	0.64	0.53	-0.27	-0.36	0.11	0.63	0.81	0.99	0.55	0.58	0.54	0.23	0.49	-0.35	0.2	-0.3	0.71	-0.33
Total Stockholder Equity	1.0	0.93	0.54		0.85	1.0	0.45	0.9	0.83	0.97	-0.67	-0.51	0.23	0.96	0.69	0.5	1.0	1.0	0.99	0.66	0.99	-0.93	0.6	-0.62	0.9	-0.48
Property Plant And Equipment Net	0.85	0.97	0.69	0.85		0.83	0.62	0.63	0.99	0.72	-0.44	-0.14	0.57	0.96	0.88	0.71	0.85	0.89	0.8	0.36	0.78	-0.65	0.18	-0.26	0.68	-0.37
Retained Earnings	1.0	0.91	0.54	1.0	0.83		0.44	0.92	0.8	0.98	-0.68	-0.53	0.2	0.95	0.67	0.49	1.0	0.99	1.0	0.68	1.0	-0.93	0.64	-0.65	0.91	-0.49
Accounts Payable	0.48	0.65	0.98	0.45	0.62	0.44		0.36	0.59	0.44	-0.17	-0.23	0.18	0.54	0.78	0.98	0.46	0.48	0.45	0.13	0.38	-0.22	0.18	-0.3	0.64	-0.24
Cash	0.91	0.73	0.4	0.9	0.63	0.92	0.36		0.63	0.93	-0.7	-0.47	0.15	0.81	0.47	0.36	0.9	0.88	0.92	0.73	0.93	-0.86	0.84	-0.83	0.88	-0.48
Non Current Assets Total	0.82	0.94	0.64	0.83	0.99	0.8	0.59	0.63		0.68	-0.43	-0.04	0.65	0.94	0.85	0.68	0.83	0.87	0.77	0.34	0.75	-0.61	0.18	-0.26	0.64	-0.36
Net Receivables	0.97	0.85	0.53	0.97	0.72	0.98	0.44	0.93	0.68		-0.67	-0.67	0.02	0.88	0.6	0.46	0.97	0.95	0.99	0.7	0.99	-0.94	0.71	-0.72	0.95	-0.46
Common Stock Shares Outstanding	-0.67	-0.48	-0.27	-0.67	-0.44	-0.68	-0.17	-0.7	-0.43	-0.67		0.51	0.14	-0.57	-0.06	-0.25	-0.67	-0.64	-0.69	-0.91	-0.69	0.81	-0.75	0.73	-0.61	0.95
Non Current Liabilities Total	-0.52	-0.37	-0.36	-0.51	-0.14	-0.53	-0.23	-0.47	-0.04	-0.67	0.51		0.71	-0.33	-0.14	-0.22	-0.51	-0.45	-0.58	-0.54	-0.57	0.69	-0.57	0.58	-0.69	0.39
Capital Lease Obligations	0.22	0.38	0.11	0.23	0.57	0.2	0.18	0.15	0.65	0.02	0.14	0.71		0.42	0.49	0.23	0.23	0.3	0.14	-0.2	0.14	0.07	-0.27	0.22	-0.04	0.15
Inventory	0.96	0.98	0.63	0.96	0.96	0.95	0.54	0.81	0.94	0.88	-0.57	-0.33	0.42		0.81	0.62	0.97	0.98	0.94	0.52	0.93	-0.82	0.41	-0.47	0.82	-0.43
Other Current Assets	0.7	0.89	0.81	0.69	0.88	0.67	0.78	0.47	0.85	0.6	-0.06	-0.14	0.49	0.81		0.81	0.69	0.74	0.65	0.05	0.62	-0.4	0.02	-0.11	0.66	0.0
Total Liab	0.53	0.72	0.99	0.5	0.71	0.49	0.98	0.36	0.68	0.46	-0.25	-0.22	0.23	0.62	0.81		0.51	0.55	0.49	0.2	0.44	-0.28	0.15	-0.24	0.63	-0.34
Net Invested Capital	1.0	0.93	0.55	1.0	0.85	1.0	0.46	0.9	0.83	0.97	-0.67	-0.51	0.23	0.97	0.69	0.51		1.0	1.0	0.66	0.99	-0.92	0.6	-0.62	0.9	-0.48
Property Plant And Equipment Gross	1.0	0.95	0.58	1.0	0.89	0.99	0.48	0.88	0.87	0.95	-0.64	-0.45	0.3	0.98	0.74	0.55	1.0		0.98	0.62	0.98	-0.9	0.54	-0.57	0.88	-0.46
Total Current Assets	1.0	0.9	0.54	0.99	0.8	1.0	0.45	0.92	0.77	0.99	-0.69	-0.58	0.14	0.94	0.65	0.49	1.0	0.98		0.7	1.0	-0.94	0.66	-0.67	0.93	-0.49
Capital Stock	0.67	0.43	0.23	0.66	0.36	0.68	0.13	0.73	0.34	0.7	-0.91	-0.54	-0.2	0.52	0.05	0.2	0.66	0.62	0.7		0.71	-0.77	0.86	-0.65	0.61	-0.82
Net Working Capital	0.99	0.88	0.49	0.99	0.78	1.0	0.38	0.93	0.75	0.99	-0.69	-0.57	0.14	0.93	0.62	0.44	0.99	0.98	1.0	0.71		-0.95	0.67	-0.67	0.91	-0.49
Short Long Term Debt Total	-0.92	-0.76	-0.35	-0.93	-0.65	-0.93	-0.22	-0.86	-0.61	-0.94	0.81	0.69	0.07	-0.82	-0.4	-0.28	-0.92	-0.9	-0.94	-0.77	-0.95		-0.69	0.71	-0.84	0.61
Current Deferred Revenue	0.61	0.32	0.2	0.6	0.18	0.64	0.18	0.84	0.18	0.71	-0.75	-0.57	-0.27	0.41	0.02	0.15	0.6	0.54	0.66	0.86	0.67	-0.69		-0.88	0.7	-0.58
Net Debt	-0.63	-0.41	-0.3	-0.62	-0.26	-0.65	-0.3	-0.83	-0.26	-0.72	0.73	0.58	0.22	-0.47	-0.11	-0.24	-0.62	-0.57	-0.67	-0.65	-0.67	0.71	-0.88		-0.77	0.57
Non Currrent Assets Other	0.91	0.83	0.71	0.9	0.68	0.91	0.64	0.88	0.64	0.95	-0.61	-0.69	-0.04	0.82	0.66	0.63	0.9	0.88	0.93	0.61	0.91	-0.84	0.7	-0.77		-0.45
Other Assets	-0.49	-0.37	-0.33	-0.48	-0.37	-0.49	-0.24	-0.48	-0.36	-0.46	0.95	0.39	0.15	-0.43	0.0	-0.34	-0.48	-0.46	-0.49	-0.82	-0.49	0.61	-0.58	0.57	-0.45

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Eshallgo Account Relationship Matchups

Eshallgo fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.0M	19.4M	20.7M	19.7M	22.6M	18.7M
Other Current Liab	435.7K	886.9K	889.8K	488.7K	562.0K	605.0K
Total Current Liabilities	2.6M	3.0M	3.8M	2.4M	2.7M	3.2M
Total Stockholder Equity	7.8M	10.6M	10.8M	10.7M	12.4M	9.8M
Property Plant And Equipment Net	1.3M	1.6M	1.4M	946.8K	1.1M	1.3M
Retained Earnings	5.5M	7.3M	7.7M	7.7M	8.9M	7.0M
Accounts Payable	1.1M	1.2M	1.7M	923.6K	1.1M	1.3M
Cash	3.9M	2.7M	4.9M	5.4M	6.2M	4.2M
Non Current Assets Total	2.6M	2.7M	2.4M	1.6M	1.9M	2.3M
Net Receivables	3.2M	5.5M	7.0M	7.0M	8.0M	5.6M
Short Term Investments	1.1M	2.8M	811.5K	1.1M	1.3M	1.3M
Non Current Liabilities Total	435.9K	247.1K	201.6K	193.1K	173.8K	216.4K
Capital Lease Obligations	791.8K	557.7K	481.9K	435.4K	391.9K	430.3K
Inventory	3.9M	5.3M	4.9M	4.0M	4.6M	4.3M
Other Current Assets	1.7M	3.2M	4.1M	634.8K	730.0K	693.5K
Total Liab	3.0M	3.2M	4.0M	2.6M	3.0M	3.5M
Net Invested Capital	7.8M	10.6M	10.9M	10.7M	12.4M	9.9M
Property Plant And Equipment Gross	1.6M	2.2M	2.2M	2.1M	2.4M	2.0M
Total Current Assets	12.4M	16.6M	18.3M	18.1M	20.8M	16.4M
Net Working Capital	9.8M	13.8M	14.5M	15.7M	18.0M	13.3M

Pair Trading with Eshallgo

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 Eshallgo 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 Eshallgo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eshallgo Stock

0.69	EBON	Ebang International	Pair Corr
0.78	EXTR	Extreme Networks	Pair Corr

Moving against Eshallgo Stock

0.92	CDW	CDW Corp	Pair Corr
0.85	LPL	LG Display	Pair Corr
0.74	INFN	Infinera	Pair Corr
0.71	STX	Seagate Technology PLC	Pair Corr
0.66	JNPR	Juniper Networks	Pair Corr

The ability to find closely correlated positions to Eshallgo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eshallgo 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 Eshallgo - 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 Eshallgo Class A to buy it.

The correlation of Eshallgo 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 Eshallgo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eshallgo Class A 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 Eshallgo 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.

Pair Correlation Correlation Matching

When determining whether Eshallgo Class A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eshallgo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eshallgo Class A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eshallgo Class A Stock:

How To Invest In Eshallgo

Details

Is Eshallgo Stock a good investment?

Details

What is Eshallgo's Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

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Largest Technology Hardware & Equipment Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eshallgo Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Is Electronic Equipment, Instruments & Components 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 Eshallgo. If investors know Eshallgo 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 Eshallgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.269

Revenue Per Share

0.831

Quarterly Revenue Growth

(0.06)

Return On Assets

0.0282

Return On Equity

0.05

The market value of Eshallgo Class A is measured differently than its book value, which is the value of Eshallgo that is recorded on the company's balance sheet. Investors also form their own opinion of Eshallgo's value that differs from its market value or its book value, called intrinsic value, which is Eshallgo'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 Eshallgo's market value can be influenced by many factors that don't directly affect Eshallgo'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 Eshallgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eshallgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eshallgo'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.

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Eshallgo Gross Profit vs Interest Income Analysis

Gross Profit vs Interest Income

Gross Profit vs Interest Income Correlation Analysis

Correlation Coefficient

Gross Profit

Interest Income

Eshallgo fundamental ratios Correlations

Eshallgo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eshallgo fundamental ratios Accounts

Pair Trading with Eshallgo

Moving together with Eshallgo Stock

Moving against Eshallgo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity

Short Long Term Debt Total	- 0.95	Net Working Capital
Short Long Term Debt Total	- 0.94	Total Current Assets
Short Long Term Debt Total	- 0.94	Net Receivables
Short Long Term Debt Total	- 0.93	Retained Earnings
Short Long Term Debt Total	- 0.93	Total Stockholder Equity
Short Long Term Debt Total	- 0.92	Net Invested Capital