EJH Property Plant Equipment vs Cash And Short Term Investments Analysis
EJH Stock | USD 0.78 0.02 2.50% |
E Home financial indicator trend analysis is much more than just examining E Home Household latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether E Home Household is a good investment. Please check the relationship between E Home Property Plant Equipment and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E Home Household Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Property Plant Equipment vs Cash And Short Term Investments
Property Plant Equipment vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E Home Household Property Plant Equipment account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between E Home's Property Plant Equipment and Cash And Short Term Investments is 0.79. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of E Home Household Service, assuming nothing else is changed. The correlation between historical values of E Home's Property Plant Equipment and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of E Home Household Service are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant Equipment i.e., E Home's Property Plant Equipment and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of E Home Household balance sheet. This account contains E Home investments that will expire within one year. These investments include stocks and bonds that can be liquidated by E Home Household Service fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from E Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into E Home Household 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 E Home Household Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. The E Home's current Issuance Of Capital Stock is estimated to increase to about 112.3 M, while Selling General Administrative is projected to decrease to under 7.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.4M | 18.6M | 12.7M | 14.6M | Total Revenue | 63.8M | 68.3M | 50.7M | 60.0M |
E Home fundamental ratios Correlations
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E Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
E Home fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.9M | 74.4M | 80.5M | 158.3M | 178.7M | 187.7M | |
Other Current Liab | 351.5K | 699.9K | 1.1M | 9.8M | 7.0M | 7.3M | |
Total Current Liabilities | 4.6M | 7.5M | 8.2M | 12.8M | 12.4M | 8.1M | |
Total Stockholder Equity | 32.8M | 64.3M | 64.5M | 136.9M | 162.4M | 170.5M | |
Net Tangible Assets | 28.2M | 32.7M | 64.3M | 64.5M | 74.2M | 39.7M | |
Property Plant And Equipment Net | 9.2M | 7.8M | 12.1M | 72.3M | 69.9M | 73.4M | |
Net Debt | (21.2M) | (49.7M) | (46.2M) | (63.7M) | (97.9M) | (93.0M) | |
Retained Earnings | 30.4M | 36.8M | 31.4M | (3.6M) | (23.0M) | (21.9M) | |
Accounts Payable | 2.6M | 3.7M | 3.5M | 3.8M | 3.4M | 3.5M | |
Cash | 25.0M | 52.4M | 54.8M | 71.3M | 100.7M | 105.7M | |
Non Current Assets Total | 12.2M | 8.6M | 13.5M | 74.2M | 69.9M | 73.4M | |
Other Assets | 4.8M | 2.6M | 814.8K | 1.0 | 0.9 | 0.86 | |
Cash And Short Term Investments | 25.0M | 52.4M | 54.8M | 71.3M | 100.8M | 105.9M | |
Net Receivables | 1.8M | 826.7K | 877.9K | 6.7M | 1.9M | 2.4M | |
Liabilities And Stockholders Equity | 40.9M | 74.4M | 80.5M | 158.3M | 178.7M | 187.7M | |
Inventory | 741.7K | 246.8K | 11.1K | 34.3K | 18.8K | 17.8K | |
Other Current Assets | 1.2M | 12.3M | 11.3M | 6.0M | 6.1M | 5.2M | |
Other Stockholder Equity | 3.7M | 25.5M | 33.5M | 146.5M | 171.4M | 180.0M | |
Total Liab | 8.2M | 10.1M | 16.0M | 20.4M | 15.6M | 12.5M | |
Total Current Assets | 28.7M | 65.8M | 67.0M | 84.0M | 108.8M | 56.3M | |
Accumulated Other Comprehensive Income | (1.3M) | 2.0M | (281.0K) | (6.4M) | (6.5M) | (6.2M) | |
Intangible Assets | 43.0K | 36.0K | 24.0K | 31.3K | 2.4K | 2.3K | |
Property Plant Equipment | 8.0M | 7.4M | 5.9M | 11.8M | 13.5M | 7.5M | |
Short Long Term Debt Total | 3.8M | 2.7M | 8.6M | 7.5M | 2.8M | 5.2M | |
Non Current Liabilities Total | 3.6M | 2.6M | 7.8M | 7.6M | 3.1M | 5.1M | |
Capital Lease Obligations | 3.8M | 2.7M | 2.7M | 2.3M | 1.4M | 2.4M | |
Net Invested Capital | 32.8M | 64.3M | 70.5M | 142.2M | 163.7M | 171.9M | |
Net Working Capital | 24.1M | 58.3M | 58.8M | 71.2M | 96.3M | 53.9M | |
Short Term Debt | 250.4K | 146.2K | 838.5K | 1.7M | 1.5M | 738.5K | |
Current Deferred Revenue | 1.4M | 3.0M | 2.3M | 2.1M | 501.9K | 476.8K |
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When determining whether E Home Household offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of E Home'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 E Home Household Service Stock. Outlined below are crucial reports that will aid in making a well-informed decision on E Home Household Service Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E Home Household Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Hotels, Restaurants & Leisure 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 E Home. If investors know EJH 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 E Home 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 0.328 | Earnings Share (239.35) | Revenue Per Share 62.574 | Quarterly Revenue Growth (0.19) | Return On Assets (0.06) |
The market value of E Home Household is measured differently than its book value, which is the value of EJH that is recorded on the company's balance sheet. Investors also form their own opinion of E Home's value that differs from its market value or its book value, called intrinsic value, which is E Home'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 E Home's market value can be influenced by many factors that don't directly affect E Home'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 E Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if E Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Home'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.