Eagle Free Cash Flow vs Depreciation Analysis

EYE Stock   380.00  10.00  2.56%   
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 Free Cash Flow and its Depreciation 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.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Eye Solutions Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eagle Eye's Free Cash Flow and Depreciation is 0.67. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation 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 Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Eagle Eye Solutions are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Eagle Eye's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Eagle Eye Solutions value has been used up. For tax purposes Eagle Eye can deduct the cost of the tangible assets it purchases as business expenses. However, Eagle Eye Solutions must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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.
 2022 2023 2024 2025 (projected)
Gross Profit35.3M46.5M53.4M56.1M
Total Revenue43.1M47.7M54.9M57.6M

Eagle Eye fundamental ratios Correlations

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0.830.720.740.820.750.850.720.760.820.490.640.490.6-0.82-0.460.830.610.850.470.730.820.740.820.840.58
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Eagle Eye Account Relationship Matchups

Eagle Eye fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.8M23.1M47.6M51.2M58.8M61.8M
Other Current Liab3.4M7.4M9.5M6.5M7.5M7.9M
Total Current Liabilities9.5M12.2M18.5M13.7M15.8M16.6M
Total Stockholder Equity5.4M8.6M24.0M34.1M39.2M41.1M
Accounts Payable1.7M2.5M3.2M3.0M3.5M3.6M
Cash1.7M3.6M10.6M10.6M12.2M12.8M
Net Receivables4.7M7.6M7.5M9.2M10.5M11.1M
Total Liab10.4M14.5M23.5M17.1M19.7M20.6M
Intangible Assets6.5M6.7M19.5M11.8M13.6M14.3M
Common Stock261K264K293K296K340.4K229.0K
Property Plant Equipment903K826K684K1.4M1.7M1.7M
Other Current Assets1.8M3.0M4.3M1.6M1.8M1.7M
Property Plant And Equipment Net826K684K1.4M1.2M1.4M768.0K
Net Debt(110K)(3.1M)(8.0M)(9.5M)(8.5M)(8.1M)
Retained Earnings(16.4M)(15.4M)(116.5M)(8.7M)(7.8M)(8.2M)
Non Current Assets Total7.7M8.9M25.1M30.0M34.6M36.3M
Non Currrent Assets Other196K1.4M2.6M2.6M3.0M3.2M
Cash And Short Term Investments1.7M3.6M10.6M10.6M12.2M12.8M
Common Stock Shares Outstanding25.9M29.8M31.4M33.0M38.0M26.6M
Liabilities And Stockholders Equity15.8M23.1M47.6M51.2M58.8M61.8M
Other Stockholder Equity17.5M17.7M29.9M30.1M34.6M18.3M
Property Plant And Equipment Gross1.2M903K826K2.7M3.1M3.2M
Total Current Assets8.1M14.2M22.5M21.1M24.3M25.5M
Accumulated Other Comprehensive Income4.0M6.1M110.3M12.4M14.2M14.2M
Other Liab1.1M928K2.4M4.8M5.5M5.8M
Net Tangible Assets(1.9M)(1.1M)1.9M4.6M4.1M4.3M
Non Current Liabilities Total928K2.4M5.0M3.4M3.9M4.1M
Current Deferred Revenue1.7M2.1M4.2M3.5M4.0M2.2M
Net Invested Capital4.4M5.4M8.6M24.0M27.6M29.0M
Net Working Capital(1.5M)(1.3M)2.0M3.9M4.5M4.8M
Short Term Debt1.1M(5.7M)1.6M644K579.6K608.6K
Short Long Term Debt Total1.6M518K2.6M1.1M995.4K1.5M
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.