Eastfield Stock Based Compensation vs Other Non Cash Items 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 Stock Based Compensation and its Other Non Cash Items 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.

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastfield Resources Stock Based Compensation account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Eastfield Resources' Stock Based Compensation and Other Non Cash Items is 0.17. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items 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' Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Eastfield Resources are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., Eastfield Resources' Stock Based Compensation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Other Non Cash Items

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.