Eos Cash And Short Term Investments vs Capital Lease Obligations Analysis
| EOSEW Stock | USD 0.18 0.04 18.18% |
Eos Energy financial indicator trend analysis is much more than just examining Eos Energy Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eos Energy Enterprises is a good investment. Please check the relationship between Eos Energy Cash And Short Term Investments and its Capital Lease Obligations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Cash And Short Term Investments vs Capital Lease Obligations
Cash And Short Term Investments vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eos Energy Enterprises Cash And Short Term Investments account and Capital Lease Obligations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eos Energy's Cash And Short Term Investments and Capital Lease Obligations is 0.52. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Eos Energy Enterprises, assuming nothing else is changed. The correlation between historical values of Eos Energy's Cash And Short Term Investments and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Eos Energy Enterprises are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Cash And Short Term Investments i.e., Eos Energy's Cash And Short Term Investments and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.52 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Eos Energy Enterprises balance sheet. This account contains Eos Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Eos Energy Enterprises 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.Capital Lease Obligations
Eos Energy Enterprises capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Eos Energy asset purchases. For example, Eos Energy can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Eos Energy control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Eos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eos Energy Enterprises 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 Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Issuance Of Capital Stock is likely to climb to about 201.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 40.2 M in 2024.
| 2023 | 2024 (projected) | Depreciation And Amortization | 10.8M | 6.7M | Interest Income | 24.8M | 26.1M |
Eos Energy fundamental ratios Correlations
Click cells to compare fundamentals
Eos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.Additional Tools for Eos Stock Analysis
When running Eos Energy's price analysis, check to measure Eos Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eos Energy is operating at the current time. Most of Eos Energy's value examination focuses on studying past and present price action to predict the probability of Eos Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eos Energy's price. Additionally, you may evaluate how the addition of Eos Energy to your portfolios can decrease your overall portfolio volatility.