Eagle Change To Inventory vs Change To Account Receivables Analysis

EYE Stock   474.00  14.00  3.04%   
Eagle Eye financial indicator trend analysis is much more than just examining Eagle Eye Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Eye Solutions is a good investment. Please check the relationship between Eagle Eye Change To Inventory and its Change To Account Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Eye Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Change To Inventory vs Change To Account Receivables

Change To Inventory vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Eye Solutions Change To Inventory account and Change To Account Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Eagle Eye's Change To Inventory and Change To Account Receivables is 0.13. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Eagle Eye Solutions, assuming nothing else is changed. The correlation between historical values of Eagle Eye's Change To Inventory and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Eagle Eye Solutions are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Inventory i.e., Eagle Eye's Change To Inventory and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Account Receivables

Most indicators from Eagle Eye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Eye Solutions 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 Eagle Eye Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 8.6 M, whereas Selling General Administrative is forecasted to decline to about 958.1 K.
 2021 2022 2023 2024 (projected)
Gross Profit25.7M35.3M46.5M48.8M
Total Revenue31.7M43.1M47.7M50.1M

Eagle Eye fundamental ratios Correlations

0.750.90.960.940.950.930.910.920.570.810.640.61-0.84-0.490.990.60.950.670.780.810.930.980.980.480.82
0.750.910.580.880.640.820.910.870.660.650.880.7-0.53-0.710.680.580.640.710.870.850.810.820.730.180.72
0.90.910.750.980.770.951.00.940.670.850.860.78-0.59-0.650.860.590.770.760.90.870.930.930.870.190.73
0.960.580.750.830.970.830.770.810.470.710.440.44-0.9-0.330.980.540.970.560.640.70.840.920.950.610.79
0.940.880.980.830.830.970.980.930.680.830.790.7-0.69-0.530.910.610.830.780.90.860.950.960.910.280.72
0.950.640.770.970.830.80.790.860.430.650.510.42-0.94-0.480.950.581.00.50.620.710.830.940.950.70.85
0.930.820.950.830.970.80.950.850.640.860.730.71-0.65-0.410.90.590.80.760.870.830.960.950.910.260.66
0.910.911.00.770.980.790.950.950.650.850.860.78-0.61-0.660.870.60.790.740.890.870.930.940.880.220.75
0.920.870.940.810.930.860.850.950.590.750.790.66-0.73-0.750.890.630.860.630.780.820.860.930.890.360.85
0.570.660.670.470.680.430.640.650.590.630.70.68-0.27-0.40.54-0.020.420.930.840.820.530.580.43-0.050.38
0.810.650.850.710.830.650.860.850.750.630.690.91-0.4-0.430.820.330.640.750.830.80.770.780.750.00.6
0.640.880.860.440.790.510.730.860.790.70.690.8-0.31-0.810.570.290.510.690.820.780.680.710.570.070.56
0.610.70.780.440.70.420.710.780.660.680.910.8-0.14-0.570.590.160.410.760.830.80.60.60.52-0.210.53
-0.84-0.53-0.59-0.9-0.69-0.94-0.65-0.61-0.73-0.27-0.4-0.31-0.140.34-0.83-0.62-0.95-0.33-0.44-0.54-0.71-0.83-0.86-0.83-0.78
-0.49-0.71-0.65-0.33-0.53-0.48-0.41-0.66-0.75-0.4-0.43-0.81-0.570.34-0.44-0.28-0.48-0.35-0.51-0.6-0.42-0.54-0.44-0.22-0.66
0.990.680.860.980.910.950.90.870.890.540.820.570.59-0.83-0.440.570.950.640.740.770.90.950.970.470.82
0.60.580.590.540.610.580.590.60.63-0.020.330.290.16-0.62-0.280.570.590.090.340.320.670.640.730.330.56
0.950.640.770.970.831.00.80.790.860.420.640.510.41-0.95-0.480.950.590.490.610.70.830.940.950.70.85
0.670.710.760.560.780.50.760.740.630.930.750.690.76-0.33-0.350.640.090.490.930.90.640.670.53-0.050.44
0.780.870.90.640.90.620.870.890.780.840.830.820.83-0.44-0.510.740.340.610.930.940.810.810.70.040.61
0.810.850.870.70.860.710.830.870.820.820.80.780.8-0.54-0.60.770.320.70.90.940.750.830.710.20.74
0.930.810.930.840.950.830.960.930.860.530.770.680.6-0.71-0.420.90.670.830.640.810.750.950.940.330.71
0.980.820.930.920.960.940.950.940.930.580.780.710.6-0.83-0.540.950.640.940.670.810.830.950.970.50.81
0.980.730.870.950.910.950.910.880.890.430.750.570.52-0.86-0.440.970.730.950.530.70.710.940.970.510.82
0.480.180.190.610.280.70.260.220.36-0.050.00.07-0.21-0.83-0.220.470.330.7-0.050.040.20.330.50.510.53
0.820.720.730.790.720.850.660.750.850.380.60.560.53-0.78-0.660.820.560.850.440.610.740.710.810.820.53
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Eagle Eye Account Relationship Matchups

Eagle Eye fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1M15.8M23.1M47.6M51.2M53.7M
Other Current Liab4.9M3.4M7.4M9.5M6.5M3.3M
Total Current Liabilities7.9M9.5M12.2M18.5M13.7M14.4M
Total Stockholder Equity4.4M5.4M8.6M24.0M34.1M35.8M
Accounts Payable1.6M1.7M2.5M3.2M3.0M3.2M
Cash1.5M1.7M3.6M10.6M10.6M11.1M
Net Receivables3.5M4.7M7.6M7.5M9.2M9.6M
Total Liab9.7M10.4M14.5M23.5M17.1M18.0M
Intangible Assets6.5M6.5M6.7M19.5M11.8M12.4M
Common Stock257K261K264K293K296K229.0K
Property Plant Equipment903K826K684K1.4M1.7M1.7M
Other Current Assets1.3M1.8M3.0M4.3M1.6M1.7M
Property Plant And Equipment Net903K826K684K1.4M1.2M768.0K
Net Debt(711K)(110K)(3.1M)(8.0M)(9.5M)(9.0M)
Retained Earnings(16.6M)(16.4M)(15.4M)(116.5M)(8.7M)(9.1M)
Non Current Assets Total7.7M7.7M8.9M25.1M30.0M31.5M
Non Currrent Assets Other209K196K1.4M2.6M2.6M2.7M
Cash And Short Term Investments1.5M1.7M3.6M10.6M10.6M11.1M
Common Stock Total Equity254K255K257K261K300.2K251.8K
Common Stock Shares Outstanding25.7M25.9M29.8M31.4M33.0M26.6M
Liabilities And Stockholders Equity14.1M15.8M23.1M47.6M51.2M53.7M
Other Stockholder Equity17.3M17.5M17.7M29.9M30.1M18.3M
Property Plant And Equipment Gross1.2M903K826K2.7M3.1M3.2M
Total Current Assets6.4M8.1M14.2M22.5M21.1M22.2M
Accumulated Other Comprehensive Income3.5M4.0M6.1M110.3M12.4M14.2M
Other Liab1.1M928K2.4M4.8M5.5M5.8M
Net Tangible Assets(1.9M)(1.1M)1.9M4.6M4.1M4.3M
Non Current Liabilities Total1.8M928K2.4M5.0M3.4M3.6M
Current Deferred Revenue1.2M1.7M2.1M4.2M3.5M2.2M
Capital Surpluse17.1M17.1M17.3M17.5M20.1M18.9M
Net Invested Capital4.4M5.4M8.6M24.0M27.6M29.0M
Net Working Capital(1.5M)(1.3M)2.0M3.9M4.5M4.8M
Short Term Debt(1.1M)1.1M(5.7M)1.6M644K676.2K
Short Long Term Debt Total808K1.6M518K2.6M1.1M1.5M
Other Assets488K317K1.6M4.2M4.8M5.1M
Deferred Long Term Liab367K196K1.4M2.6M2.9M3.1M
Capital Stock257K261K264K293K337.0K292.6K

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Other Information on Investing in Eagle Stock

Balance Sheet is a snapshot of the financial position of Eagle Eye Solutions at a specified time, usually calculated after every quarter, six months, or one year. Eagle Eye Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eagle Eye 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 Eagle currently owns. An asset can also be divided into two categories, current and non-current.