EchoStar Total Current Assets from 2010 to 2024
| SATS Stock | USD 18.64 1.05 5.97% |
Total Current Assets | First Reported 2006-12-31 | Previous Quarter 4.9 B | Current Value 3.1 B | Quarterly Volatility 981.4 M |
Check EchoStar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EchoStar main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 124.2 M or Selling General Administrative of 2.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0 or PTB Ratio of 0.21. EchoStar financial statements analysis is a perfect complement when working with EchoStar Valuation or Volatility modules.
EchoStar | Total Current Assets |
Latest EchoStar's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of EchoStar over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. EchoStar's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EchoStar's overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
|
Total Current Assets |
| Timeline |
EchoStar Total Current Assets Regression Statistics
| Arithmetic Mean | 2,643,287,746 | |
| Geometric Mean | 2,072,285,817 | |
| Coefficient Of Variation | 41.24 | |
| Mean Deviation | 772,809,936 | |
| Median | 2,356,126,000 | |
| Standard Deviation | 1,090,165,447 | |
| Sample Variance | 1188460.7T | |
| Range | 4.8B | |
| R-Value | 0.50 | |
| Mean Square Error | 963671.8T | |
| R-Squared | 0.25 | |
| Significance | 0.06 | |
| Slope | 121,165,719 | |
| Total Sum of Squares | 16638449.8T |
EchoStar Total Current Assets History
About EchoStar Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EchoStar income statement, its balance sheet, and the statement of cash flows. EchoStar investors use historical funamental indicators, such as EchoStar's Total Current Assets, to determine how well the company is positioned to perform in the future. Although EchoStar investors may use each financial statement separately, they are all related. The changes in EchoStar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EchoStar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on EchoStar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EchoStar. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 4.9 B | 2.6 B |
Pair Trading with EchoStar
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 EchoStar 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 EchoStar will appreciate offsetting losses from the drop in the long position's value.Moving against EchoStar Stock
| 0.87 | JNPR | Juniper Networks | PairCorr |
| 0.73 | EMKR | EMCORE Fiscal Year End 10th of December 2024 | PairCorr |
| 0.73 | NTGR | NETGEAR | PairCorr |
| 0.72 | FFIV | F5 Networks Fiscal Year End 22nd of October 2024 | PairCorr |
| 0.68 | VIAV | Viavi Solutions Fiscal Year End 8th of August 2024 | PairCorr |
The ability to find closely correlated positions to EchoStar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EchoStar 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 EchoStar - 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 EchoStar to buy it.
The correlation of EchoStar 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 EchoStar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EchoStar 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 EchoStar 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.Check out the analysis of EchoStar Correlation against competitors. For more information on how to buy EchoStar Stock please use our How to Invest in EchoStar guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary 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.
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Is EchoStar's industry 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 EchoStar. If investors know EchoStar 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 EchoStar 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 (0.86) | Earnings Share (7.62) | Revenue Per Share 61.353 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0023 |
The market value of EchoStar is measured differently than its book value, which is the value of EchoStar that is recorded on the company's balance sheet. Investors also form their own opinion of EchoStar's value that differs from its market value or its book value, called intrinsic value, which is EchoStar'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 EchoStar's market value can be influenced by many factors that don't directly affect EchoStar'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 EchoStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if EchoStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EchoStar'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.