Eagle Asset Turnover vs Total Current Assets Analysis

EIC Stock  USD 15.83  0.01  0.06%   
Eagle Pointome financial indicator trend analysis is much more than just examining Eagle Pointome latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Pointome is a good investment. Please check the relationship between Eagle Pointome Asset Turnover and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Pointome. 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.
For information on how to trade Eagle Stock refer to our How to Trade Eagle Stock guide.

Asset Turnover vs Total Current Assets

Asset Turnover vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Pointome Asset Turnover account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eagle Pointome's Asset Turnover and Total Current Assets is 0.84. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Eagle Pointome, assuming nothing else is changed. The correlation between historical values of Eagle Pointome's Asset Turnover and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Eagle Pointome are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Asset Turnover i.e., Eagle Pointome's Asset Turnover and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Eagle Pointome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Pointome 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 Eagle Pointome. 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.
For information on how to trade Eagle Stock refer to our How to Trade Eagle Stock guide.At present, Eagle Pointome's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 159.6 M, whereas Issuance Of Capital Stock is forecasted to decline to about 41.3 M.

Eagle Pointome fundamental ratios Correlations

0.030.890.940.920.670.050.741.0-0.97-0.340.740.940.540.96-0.740.861.00.910.980.22-0.330.60.88
0.030.390.350.150.00.99-0.310.040.030.01-0.31-0.23-0.770.07-0.480.480.04-0.23-0.090.92-0.93-0.16-0.31
0.890.390.950.810.630.420.590.89-0.86-0.270.590.780.140.84-0.790.980.890.760.830.57-0.670.50.72
0.940.350.950.930.610.370.650.94-0.92-0.310.650.760.240.92-0.840.950.940.810.880.48-0.620.510.7
0.920.150.810.930.740.140.590.92-0.91-0.220.590.760.440.97-0.890.790.920.840.910.3-0.380.340.64
0.670.00.630.610.74-0.070.250.67-0.68-0.360.250.670.410.81-0.80.610.670.690.750.33-0.19-0.130.51
0.050.990.420.370.14-0.07-0.210.060.00.0-0.21-0.21-0.780.05-0.430.510.06-0.2-0.080.89-0.94-0.04-0.25
0.74-0.310.590.650.590.25-0.210.74-0.84-0.181.00.740.530.6-0.220.540.740.870.72-0.24-0.020.850.85
1.00.040.890.940.920.670.060.74-0.97-0.340.740.930.540.96-0.740.861.00.910.980.22-0.340.590.87
-0.970.03-0.86-0.92-0.91-0.680.0-0.84-0.970.33-0.84-0.89-0.52-0.930.7-0.83-0.97-0.98-0.96-0.150.29-0.59-0.86
-0.340.01-0.27-0.31-0.22-0.360.0-0.18-0.340.33-0.18-0.31-0.15-0.370.25-0.38-0.34-0.32-0.39-0.20.21-0.05-0.38
0.74-0.310.590.650.590.25-0.211.00.74-0.84-0.180.740.530.6-0.220.540.740.870.72-0.24-0.020.850.85
0.94-0.230.780.760.760.67-0.210.740.93-0.89-0.310.740.710.87-0.540.710.930.90.950.01-0.080.610.96
0.54-0.770.140.240.440.41-0.780.530.54-0.52-0.150.530.710.54-0.10.040.540.630.64-0.610.60.360.67
0.960.070.840.920.970.810.050.60.96-0.93-0.370.60.870.54-0.850.820.960.880.980.28-0.330.370.76
-0.74-0.48-0.79-0.84-0.89-0.8-0.43-0.22-0.740.70.25-0.22-0.54-0.1-0.85-0.81-0.74-0.58-0.73-0.660.630.01-0.36
0.860.480.980.950.790.610.510.540.86-0.83-0.380.540.710.040.82-0.810.860.710.790.65-0.750.440.66
1.00.040.890.940.920.670.060.741.0-0.97-0.340.740.930.540.96-0.740.860.910.980.22-0.340.590.87
0.91-0.230.760.810.840.69-0.20.870.91-0.98-0.320.870.90.630.88-0.580.710.910.94-0.02-0.110.570.89
0.98-0.090.830.880.910.75-0.080.720.98-0.96-0.390.720.950.640.98-0.730.790.980.940.14-0.220.510.88
0.220.920.570.480.30.330.89-0.240.22-0.15-0.2-0.240.01-0.610.28-0.660.650.22-0.020.14-0.93-0.21-0.1
-0.33-0.93-0.67-0.62-0.38-0.19-0.94-0.02-0.340.290.21-0.02-0.080.6-0.330.63-0.75-0.34-0.11-0.22-0.93-0.09-0.04
0.6-0.160.50.510.34-0.13-0.040.850.59-0.59-0.050.850.610.360.370.010.440.590.570.51-0.21-0.090.75
0.88-0.310.720.70.640.51-0.250.850.87-0.86-0.380.850.960.670.76-0.360.660.870.890.88-0.1-0.040.75
Click cells to compare fundamentals

Eagle Pointome Account Relationship Matchups

Eagle Pointome fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets136.8M118.7M173.2M148.6M243.7M163.4M
Other Current Liab6.8M734.5K57.8M(9.4M)(14.9M)(14.1M)
Total Current Liabilities6.8M805.9K22.0M10.4M17.6M10.8M
Total Stockholder Equity116.4M103.1M173.2M101.9M158.2M132.3M
Net Tangible Assets116.4M103.1M115.3M101.9M117.2M111.3M
Net Debt13.4M14.7M19.3M45.2M13.5M19.4M
Retained Earnings(3.1M)(16.1M)115.3M(42.3M)(33.6M)(31.9M)
Accounts Payable35.5K71.5K1.4M143.4K143.8K136.6K
Cash196.5K36.7K211.8K37.1K944.1K991.3K
Non Current Assets Total133.7M116.4M169.8M143.4M234.9M158.9M
Non Currrent Assets Other(136.8M)(118.7M)(173.2M)(148.6M)(234.9M)(223.2M)
Cash And Short Term Investments196.5K36.7K211.8K37.1K944.1K991.3K
Net Receivables2.7M1.9M2.9M4.6M7.0M3.8M
Common Stock Shares Outstanding6.0M6.1M1.167.0M9.5M5.9M
Liabilities And Stockholders Equity136.8M118.7M55.3M148.6M243.7M141.8M
Non Current Liabilities Total13.6M14.8M35.8M36.2M14.5M21.1M
Other Current Assets(2.9M)(1.9M)173.2M580.7K826.3K785.0K
Other Stockholder Equity3.1M16.1M(40.7M)(1.8M)33.6M35.3M
Total Liab20.4M15.6M132.1M46.6M85.5M55.3M
Long Term Investments133.7M116.4M169.8M143.4M234.9M158.9M
Total Current Assets3.2M2.3M3.4M5.2M8.8M9.3M
Short Term Debt13.6M14.8M55.3M9.0M14.5M19.7M
Common Stock119.5M119.2M132.1M146.0M191.4M143.7M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Eagle Pointome offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Pointome'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 Eagle Pointome Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Pointome Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Pointome. 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.
For information on how to trade Eagle Stock refer to our How to Trade Eagle Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Diversified Metals & Mining 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 Eagle Pointome. If investors know Eagle 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 Eagle Pointome 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
0.601
Earnings Share
4.22
Revenue Per Share
2.259
Quarterly Revenue Growth
0.896
Return On Assets
0.0668
The market value of Eagle Pointome is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Pointome's value that differs from its market value or its book value, called intrinsic value, which is Eagle Pointome'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 Eagle Pointome's market value can be influenced by many factors that don't directly affect Eagle Pointome'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 Eagle Pointome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Pointome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Pointome'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.