| SATS Stock | | | USD 25.29 0.26 1.04% |
EchoStar financial indicator trend analysis is much more than just examining EchoStar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EchoStar is a good investment. Please check the relationship between EchoStar Cash and its Other Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in EchoStar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy EchoStar Stock please use our
How to Invest in EchoStar guide.
Cash vs Other Stockholder Equity
Cash vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EchoStar Cash account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between EchoStar's Cash and Other Stockholder Equity is 0.36. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of EchoStar, assuming nothing else is changed. The correlation between historical values of EchoStar's Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of EchoStar are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., EchoStar's Cash and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of EchoStar, which is listed under current asset account on EchoStar balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EchoStar customers. The amounts must be unrestricted with restricted cash listed in a different EchoStar account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Other Stockholder Equity
Most indicators from EchoStar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EchoStar 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
World Market Map to better understand how to build diversified portfolios, which includes a position in EchoStar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy EchoStar Stock please use our
How to Invest in EchoStar guide.At this time, EchoStar's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 41.1
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.
EchoStar fundamental ratios Correlations
Click cells to compare fundamentals
EchoStar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EchoStar fundamental ratios Accounts
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Additional Tools for EchoStar Stock Analysis
When running EchoStar's price analysis, check to
measure EchoStar's 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 EchoStar is operating at the current time. Most of EchoStar's value examination focuses on studying past and present price action to
predict the probability of EchoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EchoStar's price. Additionally, you may evaluate how the addition of EchoStar to your portfolios can decrease your overall portfolio volatility.