Economic Total Stockholder Equity vs Long Term Debt Analysis

EVT Stock

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Economic Investment financial indicator trend analysis is much more than just examining Economic Investment Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Economic Investment Trust is a good investment. Please check the relationship between Economic Investment Total Stockholder Equity and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Economic Investment Trust. 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.

Total Stockholder Equity vs Long Term Debt

Total Stockholder Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Economic Investment Trust Total Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Economic Investment's Total Stockholder Equity and Long Term Debt is -0.43. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Economic Investment Trust, assuming nothing else is changed. The correlation between historical values of Economic Investment's Total Stockholder Equity and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Economic Investment Trust are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Economic Investment's Total Stockholder Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Economic Investment Trust has held for over one year. Long-term debt appears on Economic Investment Trust balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Economic Investment Trust balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Economic Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Economic Investment Trust 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 Economic Investment Trust. 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.

As of the 1st of December 2024, Selling General Administrative is likely to drop to about 815.7 K. In addition to that, Tax Provision is likely to grow to about (2 M)

Economic Investment fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Cash	Other Assets	Net Receivables	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Other Current Liab	Accounts Payable	Cash And Short Term Investments	Capital Surpluse	Common Stock Shares Outstanding	Cash And Equivalents	Long Term Debt
Total Assets		0.85	1.0	0.89	1.0	1.0	0.84	-0.16	0.67	0.99	0.93	0.73	-0.52	0.85	0.87	0.09	-0.84	-0.52	0.47	-0.43
Total Current Liabilities	0.85		0.86	0.62	0.86	0.85	0.91	-0.49	0.62	0.84	0.69	0.71	-0.63	0.83	0.59	0.33	-0.82	-0.63	0.58	-0.56
Total Stockholder Equity	1.0	0.86		0.89	1.0	1.0	0.84	-0.16	0.67	0.99	0.93	0.73	-0.52	0.86	0.86	0.1	-0.85	-0.52	0.48	-0.43
Other Liab	0.89	0.62	0.89		0.89	0.88	0.71	0.16	0.66	0.92	0.92	0.56	-0.53	0.69	0.92	-0.17	-0.66	-0.53	0.26	-0.47
Net Tangible Assets	1.0	0.86	1.0	0.89		1.0	0.84	-0.16	0.67	0.99	0.93	0.73	-0.52	0.86	0.86	0.1	-0.85	-0.52	0.48	-0.43
Retained Earnings	1.0	0.85	1.0	0.88	1.0		0.83	-0.15	0.65	0.99	0.93	0.73	-0.48	0.85	0.86	0.1	-0.85	-0.48	0.48	-0.39
Cash	0.84	0.91	0.84	0.71	0.84	0.83		-0.38	0.76	0.84	0.74	0.78	-0.71	0.78	0.62	0.3	-0.75	-0.71	0.56	-0.65
Other Assets	-0.16	-0.49	-0.16	0.16	-0.16	-0.15	-0.38		-0.35	-0.1	-0.15	-0.08	0.4	-0.38	0.26	-0.32	0.4	0.4	-0.12	0.35
Net Receivables	0.67	0.62	0.67	0.66	0.67	0.65	0.76	-0.35		0.65	0.71	0.32	-0.82	0.84	0.55	-0.26	-0.8	-0.82	-0.03	-0.75
Total Liab	0.99	0.84	0.99	0.92	0.99	0.99	0.84	-0.1	0.65		0.92	0.71	-0.51	0.8	0.88	0.05	-0.78	-0.51	0.44	-0.42
Long Term Investments	0.93	0.69	0.93	0.92	0.93	0.93	0.74	-0.15	0.71	0.92		0.57	-0.54	0.78	0.83	-0.04	-0.77	-0.54	0.31	-0.46
Total Current Assets	0.73	0.71	0.73	0.56	0.73	0.73	0.78	-0.08	0.32	0.71	0.57		-0.23	0.53	0.5	0.65	-0.54	-0.23	0.86	-0.2
Common Stock	-0.52	-0.63	-0.52	-0.53	-0.52	-0.48	-0.71	0.4	-0.82	-0.51	-0.54	-0.23		-0.68	-0.43	0.08	0.6	1.0	-0.09	0.99
Other Current Liab	0.85	0.83	0.86	0.69	0.86	0.85	0.78	-0.38	0.84	0.8	0.78	0.53	-0.68		0.66	0.0	-0.99	-0.68	0.29	-0.61
Accounts Payable	0.87	0.59	0.86	0.92	0.86	0.86	0.62	0.26	0.55	0.88	0.83	0.5	-0.43	0.66		-0.2	-0.62	-0.43	0.27	-0.37
Cash And Short Term Investments	0.09	0.33	0.1	-0.17	0.1	0.1	0.3	-0.32	-0.26	0.05	-0.04	0.65	0.08	0.0	-0.2		-0.02	0.08	0.87	0.04
Capital Surpluse	-0.84	-0.82	-0.85	-0.66	-0.85	-0.85	-0.75	0.4	-0.8	-0.78	-0.77	-0.54	0.6	-0.99	-0.62	-0.02		0.6	-0.3	0.52
Common Stock Shares Outstanding	-0.52	-0.63	-0.52	-0.53	-0.52	-0.48	-0.71	0.4	-0.82	-0.51	-0.54	-0.23	1.0	-0.68	-0.43	0.08	0.6		-0.09	0.99
Cash And Equivalents	0.47	0.58	0.48	0.26	0.48	0.48	0.56	-0.12	-0.03	0.44	0.31	0.86	-0.09	0.29	0.27	0.87	-0.3	-0.09		-0.1
Long Term Debt	-0.43	-0.56	-0.43	-0.47	-0.43	-0.39	-0.65	0.35	-0.75	-0.42	-0.46	-0.2	0.99	-0.61	-0.37	0.04	0.52	0.99	-0.1

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Economic Investment Account Relationship Matchups

Economic Investment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	984.2M	991.9M	1.2B	1.1B	1.3B	1.0B
Total Current Liabilities	3.1M	817K	23.2M	14.8M	17.0M	17.9M
Total Stockholder Equity	903.6M	916.0M	1.1B	1.0B	1.2B	952.3M
Other Liab	77.5M	75.0M	73.2M	75.6M	86.9M	77.9M
Net Tangible Assets	903.6M	916.0M	1.1B	1.0B	1.2B	952.3M
Retained Earnings	697.5M	712.3M	894.5M	809.7M	931.1M	726.9M
Cash	17.4M	36.1M	11.2M	46.1M	53.0M	55.7M
Other Assets	93.9M	86.9M	888K	1.8M	1.6M	1.5M
Net Receivables	2.6M	7.8M	1.5M	11.3M	13.0M	13.7M
Total Liab	80.6M	75.9M	96.5M	90.4M	103.9M	84.1M
Total Current Assets	38.7M	19.0M	47.6M	24.2M	27.8M	25.3M
Other Current Liab	399K	2.1M	537K	23.1M	26.5M	27.8M
Cash And Short Term Investments	36.1M	11.2M	46.1M	12.8M	14.8M	22.8M
Liabilities And Stockholders Equity	984.2M	991.9M	1.2B	1.1B	1.3B	1.1B
Cash And Equivalents	36.1M	11.2M	46.1M	12.8M	14.8M	22.4M

Pair Trading with Economic Investment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Economic Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Economic Investment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Economic Stock

0.66	ENS	E Split Corp	Pair Corr
0.68	ENS-PA	E Split Corp	Pair Corr

Moving against Economic Stock

0.31	SAGE	Sage Potash Corp	Pair Corr
0.31	MSFT	Microsoft Corp CDR	Pair Corr

The ability to find closely correlated positions to Economic Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Economic Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Economic Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Economic Investment Trust to buy it.

The correlation of Economic Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Economic Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Economic Investment Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Economic Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Economic Stock

Balance Sheet is a snapshot of the financial position of Economic Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Economic Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Economic Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Economic currently owns. An asset can also be divided into two categories, current and non-current.

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