Eaton Accounts Payable vs Current Deferred Revenue Analysis

EVF Stock  USD 6.29  0.02  0.32%   
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance Senior latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance Senior is a good investment. Please check the relationship between Eaton Vance Accounts Payable and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Senior. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Accounts Payable vs Current Deferred Revenue

Accounts Payable vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance Senior Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eaton Vance's Accounts Payable and Current Deferred Revenue is 0.46. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Eaton Vance Senior, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Eaton Vance Senior are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Eaton Vance's Accounts Payable and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Eaton Vance obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eaton Vance Senior are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance Senior 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 Eaton Vance Senior. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
The Eaton Vance's current Sales General And Administrative To Revenue is estimated to increase to 0.13, while Selling General Administrative is projected to decrease to roughly 1.9 M.
 2021 2022 2023 2024 (projected)
Interest Income10.0M14.6M15.5M14.5M
Net Interest Income9.4M13.5M14.2M13.0M

Eaton Vance fundamental ratios Correlations

0.920.91-0.210.210.720.340.540.210.630.980.950.92-0.020.64-0.20.230.890.880.94-0.920.570.370.90.930.95
0.920.920.060.060.640.330.60.110.60.920.810.76-0.030.4-0.070.120.780.770.82-0.790.40.280.780.790.83
0.910.92-0.16-0.020.670.320.80.050.580.920.830.820.040.51-0.020.070.870.870.88-0.890.40.570.870.870.87
-0.210.06-0.16-0.03-0.440.19-0.120.090.26-0.23-0.21-0.27-0.36-0.590.00.05-0.15-0.15-0.280.27-0.11-0.13-0.16-0.33-0.2
0.210.06-0.02-0.030.460.19-0.090.90.640.050.20.14-0.550.41-0.970.910.150.130.08-0.070.820.00.170.040.09
0.720.640.67-0.440.460.260.440.390.530.660.620.58-0.040.67-0.440.420.550.540.62-0.60.730.170.610.620.59
0.340.330.320.190.190.260.180.340.430.290.50.5-0.510.05-0.160.370.540.540.43-0.450.340.380.530.430.49
0.540.60.8-0.12-0.090.440.180.060.510.550.420.43-0.070.28-0.030.060.60.60.5-0.570.160.790.540.520.49
0.210.110.050.090.90.390.340.060.730.030.20.12-0.830.28-0.941.00.230.210.05-0.060.770.140.220.010.11
0.630.60.580.260.640.530.430.510.730.520.580.51-0.580.41-0.70.730.650.630.5-0.520.80.480.650.450.54
0.980.920.92-0.230.050.660.290.550.030.520.930.920.130.6-0.040.060.870.870.96-0.930.440.370.890.950.95
0.950.810.83-0.210.20.620.50.420.20.580.930.99-0.080.56-0.170.240.950.950.98-0.960.570.430.960.950.99
0.920.760.82-0.270.140.580.50.430.120.510.920.990.00.58-0.110.160.950.950.99-0.980.510.490.960.980.99
-0.02-0.030.04-0.36-0.55-0.04-0.51-0.07-0.83-0.580.13-0.080.00.140.61-0.81-0.17-0.160.09-0.06-0.44-0.21-0.150.13-0.03
0.640.40.51-0.590.410.670.050.280.280.410.60.560.580.14-0.390.310.480.470.59-0.580.60.20.510.620.53
-0.2-0.07-0.020.0-0.97-0.44-0.16-0.03-0.94-0.7-0.04-0.17-0.110.61-0.39-0.94-0.18-0.16-0.060.06-0.8-0.11-0.18-0.01-0.08
0.230.120.070.050.910.420.370.061.00.730.060.240.16-0.810.31-0.940.260.240.09-0.10.80.150.260.050.15
0.890.780.87-0.150.150.550.540.60.230.650.870.950.95-0.170.48-0.180.261.00.94-0.960.540.670.990.920.96
0.880.770.87-0.150.130.540.540.60.210.630.870.950.95-0.160.47-0.160.241.00.94-0.960.510.670.980.920.96
0.940.820.88-0.280.080.620.430.50.050.50.960.980.990.090.59-0.060.090.940.94-0.990.480.490.950.990.99
-0.92-0.79-0.890.27-0.07-0.6-0.45-0.57-0.06-0.52-0.93-0.96-0.98-0.06-0.580.06-0.1-0.96-0.96-0.99-0.48-0.6-0.97-0.99-0.98
0.570.40.4-0.110.820.730.340.160.770.80.440.570.51-0.440.6-0.80.80.540.510.48-0.480.210.60.450.49
0.370.280.57-0.130.00.170.380.790.140.480.370.430.49-0.210.2-0.110.150.670.670.49-0.60.210.60.50.48
0.90.780.87-0.160.170.610.530.540.220.650.890.960.96-0.150.51-0.180.260.990.980.95-0.970.60.60.930.97
0.930.790.87-0.330.040.620.430.520.010.450.950.950.980.130.62-0.010.050.920.920.99-0.990.450.50.930.97
0.950.830.87-0.20.090.590.490.490.110.540.950.990.99-0.030.53-0.080.150.960.960.99-0.980.490.480.970.97
Click cells to compare fundamentals

Eaton Vance Account Relationship Matchups

Eaton Vance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets469.0M409.0M171.7M173.6M170.1M317.3M
Total Stockholder Equity272.3M299.0M143.8M107.1M144.8M223.8M
Net Tangible Assets234.7M261.4M106.2M107.1M96.4M91.6M
Retained Earnings(43.3M)(16.5M)(33.3M)(32.5M)(31.8M)(33.4M)
Accounts Payable100.6M5.3M1.5M8.1M12.8M18.9M
Cash7.7M4.5M2.0M3.9M4.3M4.6M
Other Assets666.5K1.2M55.5K42.5K(105.9K)(100.6K)
Net Receivables81.5M28.5M3.7M4.9M2.4M2.3M
Total Liab196.7M110.0M27.9M66.6M25.3M24.1M
Long Term Investments379.1M374.2M166.0M164.8M163.3M302.8M
Other Current Liab(100.6M)(108.3M)(27.5M)(28.1M)224.2K235.4K
Total Current Liabilities100.6M5.3M1.5M8.1M25.1M30.9M
Other Current Assets(107.0M)1.7M182.0K26.1K120.2K126.2K
Total Current Assets89.3M33.6M5.7M8.8M6.8M6.5M
Net Debt87.3M98.5M24.0M16.1M7.7M7.4M
Non Current Assets Total379.1M374.2M166.0M164.8M163.4M239.9M
Non Currrent Assets Other(379.1M)(374.2M)(166.0M)(164.8M)(163.3M)(171.5M)
Cash And Short Term Investments7.7M4.5M2.0M3.9M4.3M3.6M
Liabilities And Stockholders Equity469.0M409.0M171.7M173.6M170.1M258.9M
Other Stockholder Equity277.5M277.5M139.4M139.4M138.8M180.9M
Net Invested Capital329.7M364.4M132.2M127.1M119.1M206.6M
Current Deferred Revenue5.6M(97.7M)(24.5M)(11.9M)(828.2K)(869.6K)
Short Term Investments14.5M5.0M2.5M3.2M4.5M4.4M
Deferred Long Term Liab197.5K130.9K51.1K19.0K17.1K16.2K
Capital Stock38.0M38.0M37.8M175.4K174.0K165.3K

Currently Active Assets on Macroaxis

When determining whether Eaton Vance Senior is a strong investment it is important to analyze Eaton Vance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eaton Vance's future performance. For an informed investment choice regarding Eaton Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Senior. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
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 Asset Management & Custody Banks 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 Eaton Vance. If investors know Eaton 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 Eaton Vance 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
(0.49)
Dividend Share
0.704
Earnings Share
0.73
Revenue Per Share
0.945
Quarterly Revenue Growth
(0.05)
The market value of Eaton Vance Senior is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance'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 Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance'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 Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance'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.