Eastfield Other Current Assets vs Common Stock Shares Outstanding Analysis

ETF Stock  CAD 0.03  0.00  0.00%   
Eastfield Resources financial indicator trend analysis is much more than just examining Eastfield Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastfield Resources is a good investment. Please check the relationship between Eastfield Resources Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastfield Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastfield Resources Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Eastfield Resources' Other Current Assets and Common Stock Shares Outstanding is -0.94. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Eastfield Resources, assuming nothing else is changed. The correlation between historical values of Eastfield Resources' Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Eastfield Resources are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Eastfield Resources' Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Eastfield Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastfield Resources 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 Eastfield Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 110.4 K in 2024. Tax Provision is expected to grow at the current pace this year

Eastfield Resources fundamental ratios Correlations

-0.370.30.980.480.260.040.74-0.090.81-0.17-0.180.53-0.58-0.270.73-0.17-0.30.54-0.37-0.56-0.460.73-0.58-0.130.15
-0.370.69-0.45-0.650.39-0.79-0.07-0.45-0.09-0.28-0.420.080.04-0.460.06-0.370.88-0.730.80.070.15-0.20.060.83-0.89
0.30.690.16-0.040.76-0.760.61-0.710.61-0.66-0.660.39-0.21-0.410.74-0.730.57-0.510.6-0.17-0.390.47-0.190.79-0.63
0.98-0.450.160.440.110.110.660.060.7-0.01-0.060.52-0.63-0.30.6-0.02-0.350.67-0.48-0.61-0.350.62-0.63-0.250.19
0.48-0.65-0.040.440.330.290.53-0.260.6-0.44-0.040.06-0.030.480.46-0.35-0.660.29-0.55-0.02-0.540.58-0.02-0.380.69
0.260.390.760.110.33-0.450.56-0.980.76-0.96-0.670.050.120.010.74-0.980.37-0.50.440.16-0.490.650.140.5-0.33
0.04-0.79-0.760.110.29-0.45-0.260.49-0.150.320.36-0.550.440.68-0.230.39-0.790.39-0.560.41-0.20.130.42-0.80.75
0.74-0.070.610.660.530.56-0.26-0.460.85-0.56-0.280.46-0.39-0.160.81-0.54-0.070.17-0.03-0.37-0.460.68-0.380.140.06
-0.09-0.45-0.710.06-0.26-0.980.49-0.46-0.630.960.620.04-0.2-0.04-0.60.98-0.450.57-0.49-0.240.38-0.51-0.22-0.50.36
0.81-0.090.610.70.60.76-0.150.85-0.63-0.71-0.520.33-0.25-0.060.94-0.72-0.070.06-0.03-0.21-0.650.91-0.240.160.03
-0.17-0.28-0.66-0.01-0.44-0.960.32-0.560.96-0.710.590.08-0.26-0.21-0.690.99-0.230.51-0.36-0.30.53-0.64-0.27-0.390.14
-0.18-0.42-0.66-0.06-0.04-0.670.36-0.280.62-0.520.59-0.04-0.110.05-0.60.69-0.440.54-0.49-0.180.53-0.53-0.15-0.550.4
0.530.080.390.520.060.05-0.550.460.040.330.08-0.04-0.94-0.790.370.070.170.39-0.01-0.930.190.07-0.940.41-0.11
-0.580.04-0.21-0.63-0.030.120.44-0.39-0.2-0.25-0.26-0.11-0.940.82-0.22-0.23-0.12-0.60.211.0-0.280.021.0-0.170.11
-0.27-0.46-0.41-0.30.480.010.68-0.16-0.04-0.06-0.210.05-0.790.82-0.1-0.14-0.61-0.21-0.270.81-0.460.20.81-0.510.6
0.730.060.740.60.460.74-0.230.81-0.60.94-0.69-0.60.37-0.22-0.1-0.7-0.01-0.130.17-0.17-0.710.92-0.20.38-0.06
-0.17-0.37-0.73-0.02-0.35-0.980.39-0.540.98-0.720.990.690.07-0.23-0.14-0.7-0.330.56-0.42-0.280.54-0.63-0.26-0.450.27
-0.30.880.57-0.35-0.660.37-0.79-0.07-0.45-0.07-0.23-0.440.17-0.12-0.61-0.01-0.33-0.50.78-0.090.36-0.26-0.10.73-0.89
0.54-0.73-0.510.670.29-0.50.390.170.570.060.510.540.39-0.6-0.21-0.130.56-0.5-0.76-0.630.25-0.04-0.62-0.650.49
-0.370.80.6-0.48-0.550.44-0.56-0.03-0.49-0.03-0.36-0.49-0.010.21-0.270.17-0.420.78-0.760.230.07-0.030.220.83-0.68
-0.560.07-0.17-0.61-0.020.160.41-0.37-0.24-0.21-0.3-0.18-0.931.00.81-0.17-0.28-0.09-0.630.23-0.320.061.0-0.130.09
-0.460.15-0.39-0.35-0.54-0.49-0.2-0.460.38-0.650.530.530.19-0.28-0.46-0.710.540.360.250.07-0.32-0.84-0.30.02-0.16
0.73-0.20.470.620.580.650.130.68-0.510.91-0.64-0.530.070.020.20.92-0.63-0.26-0.04-0.030.06-0.840.040.060.15
-0.580.06-0.19-0.63-0.020.140.42-0.38-0.22-0.24-0.27-0.15-0.941.00.81-0.2-0.26-0.1-0.620.221.0-0.30.04-0.150.1
-0.130.830.79-0.25-0.380.5-0.80.14-0.50.16-0.39-0.550.41-0.17-0.510.38-0.450.73-0.650.83-0.130.020.06-0.15-0.65
0.15-0.89-0.630.190.69-0.330.750.060.360.030.140.4-0.110.110.6-0.060.27-0.890.49-0.680.09-0.160.150.1-0.65
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Eastfield Resources Account Relationship Matchups

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Additional Tools for Eastfield Stock Analysis

When running Eastfield Resources' price analysis, check to measure Eastfield Resources' 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.