Eagle Average Payables vs Price To Sales Ratio Analysis
EICA Stock | USD 24.03 0.05 0.21% |
Eagle Point financial indicator trend analysis is much more than just examining Eagle Point Income latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Point Income is a good investment. Please check the relationship between Eagle Point Average Payables and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Average Payables vs Price To Sales Ratio
Average Payables vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Point Income Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Eagle Point's Average Payables and Price To Sales Ratio is 0.08. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Eagle Point Income, assuming nothing else is changed. The correlation between historical values of Eagle Point's Average Payables and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Eagle Point Income are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Average Payables i.e., Eagle Point's Average Payables and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Eagle Point Income stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eagle Point sales, a figure that is much harder to manipulate than other Eagle Point Income multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Eagle Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Point Income 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 Point Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Eagle Point's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas Issuance Of Capital Stock is forecasted to decline to about 41.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 11.9M | 18.9M | 26.7M | 17.0M | Net Interest Income | 11.1M | 16.4M | 23.4M | 15.4M |
Eagle Point fundamental ratios Correlations
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Eagle Point Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eagle Point fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 136.8M | 118.7M | 173.2M | 148.6M | 243.7M | 163.4M | |
Other Current Liab | 6.8M | (88.2K) | (21.0M) | (9.4M) | (14.9M) | (14.1M) | |
Total Current Liabilities | 6.8M | 805.9K | 22.0M | 10.4M | 17.6M | 10.8M | |
Total Stockholder Equity | 116.4M | 103.1M | 173.2M | 101.9M | 158.2M | 132.3M | |
Net Tangible Assets | 116.4M | 103.1M | 115.3M | 101.9M | 117.2M | 111.3M | |
Net Debt | 13.4M | 14.7M | 19.3M | 45.2M | 13.5M | 19.4M | |
Retained Earnings | (3.1M) | (16.1M) | 115.3M | (42.3M) | (33.6M) | (31.9M) | |
Cash | 196.5K | 36.7K | 211.8K | 37.1K | 944.1K | 991.3K | |
Non Current Assets Total | 133.7M | 116.4M | 169.8M | 143.4M | 234.9M | 158.9M | |
Non Currrent Assets Other | (136.8M) | (118.7M) | (173.2M) | (148.6M) | (234.9M) | (223.2M) | |
Cash And Short Term Investments | 196.5K | 36.7K | 211.8K | 37.1K | 944.1K | 991.3K | |
Net Receivables | 2.7M | 1.9M | 2.9M | 4.6M | 7.0M | 3.8M | |
Common Stock Shares Outstanding | 6.0M | 6.1M | 1.16 | 7.0M | 9.5M | 5.9M | |
Liabilities And Stockholders Equity | 136.8M | 118.7M | 55.3M | 148.6M | 243.7M | 141.8M | |
Other Stockholder Equity | 3.1M | 16.1M | (1.0) | (1.8M) | 33.6M | 16.8M | |
Total Liab | 20.4M | 15.6M | 132.1M | 46.6M | 85.5M | 55.3M | |
Total Current Assets | 3.2M | 2.3M | 3.4M | 5.2M | 8.8M | 9.3M | |
Common Stock | 119.5M | 119.2M | 132.1M | 146.0M | 191.4M | 143.7M |
Also Currently Popular
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 Point Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Point'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 Point Income Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Point Income Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 Point. 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 Point 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 0.802 | Revenue Per Share 2.259 | Quarterly Revenue Growth 0.896 | Return On Assets 0.0668 |
The market value of Eagle Point Income 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 Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point'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 Point's market value can be influenced by many factors that don't directly affect Eagle Point'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 Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point'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.