EGain Common Stock Shares Outstanding vs Other Current Assets Analysis

EGAN Stock  USD 6.14  0.17  2.69%   
EGain financial indicator trend analysis is much more than just examining eGain latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eGain is a good investment. Please check the relationship between EGain Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eGain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eGain Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between EGain's Common Stock Shares Outstanding and Other Current Assets is 0.05. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of eGain, assuming nothing else is changed. The correlation between historical values of EGain's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of eGain are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., EGain's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from EGain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eGain 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 eGain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.At this time, EGain's Selling General Administrative is very stable compared to the past year. As of the 28th of May 2024, Tax Provision is likely to grow to about 1.5 M, while Issuance Of Capital Stock is likely to drop about 1.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses69.6M69.3M79.7M45.9M
Cost Of Revenue24.5M27.3M31.4M17.5M

EGain fundamental ratios Correlations

0.940.670.560.590.91-0.470.780.990.37-0.93-0.310.160.990.260.470.990.99-0.4-0.27-0.080.370.99-0.21-0.68-0.4
0.940.750.40.40.73-0.670.670.910.45-0.98-0.090.00.970.220.390.970.93-0.18-0.54-0.070.450.96-0.14-0.51-0.18
0.670.75-0.12-0.110.45-0.690.190.64-0.05-0.750.30.010.740.250.120.740.630.25-0.5-0.32-0.050.71-0.1-0.180.25
0.560.4-0.120.980.720.030.830.620.36-0.46-0.840.510.480.010.780.480.56-0.870.150.050.360.51-0.1-0.88-0.87
0.590.4-0.110.980.770.070.80.640.36-0.45-0.90.510.5-0.060.750.50.59-0.930.210.090.360.54-0.1-0.92-0.93
0.910.730.450.720.77-0.140.860.940.26-0.75-0.590.350.850.320.570.850.89-0.640.1-0.090.260.87-0.27-0.83-0.64
-0.47-0.67-0.690.030.07-0.14-0.07-0.47-0.220.72-0.32-0.09-0.570.2-0.1-0.57-0.48-0.250.930.1-0.22-0.55-0.10.14-0.25
0.780.670.190.830.80.86-0.070.790.48-0.68-0.550.20.720.380.620.720.76-0.60.05-0.070.480.74-0.27-0.72-0.6
0.990.910.640.620.640.94-0.470.790.36-0.92-0.390.270.970.220.530.970.98-0.47-0.25-0.070.360.98-0.17-0.75-0.47
0.370.45-0.050.360.360.26-0.220.480.36-0.41-0.22-0.370.38-0.090.260.380.4-0.3-0.340.481.00.380.26-0.23-0.3
-0.93-0.98-0.75-0.46-0.45-0.750.72-0.68-0.92-0.410.14-0.13-0.96-0.18-0.48-0.96-0.910.230.550.14-0.41-0.950.140.590.23
-0.31-0.090.3-0.84-0.9-0.59-0.32-0.55-0.39-0.220.14-0.59-0.20.15-0.65-0.2-0.310.98-0.46-0.13-0.22-0.240.020.850.98
0.160.00.010.510.510.35-0.090.20.27-0.37-0.13-0.590.1-0.210.450.10.18-0.540.13-0.07-0.370.130.03-0.64-0.54
0.990.970.740.480.50.85-0.570.720.970.38-0.96-0.20.10.210.441.00.97-0.3-0.39-0.120.381.0-0.19-0.62-0.3
0.260.220.250.01-0.060.320.20.380.22-0.09-0.180.15-0.210.21-0.090.210.20.210.29-0.32-0.090.21-0.530.090.21
0.470.390.120.780.750.57-0.10.620.530.26-0.48-0.650.450.44-0.090.440.44-0.67-0.020.010.260.450.25-0.75-0.67
0.990.970.740.480.50.85-0.570.720.970.38-0.96-0.20.11.00.210.440.97-0.3-0.39-0.120.381.0-0.19-0.62-0.3
0.990.930.630.560.590.89-0.480.760.980.4-0.91-0.310.180.970.20.440.97-0.41-0.30.010.40.99-0.15-0.67-0.41
-0.4-0.180.25-0.87-0.93-0.64-0.25-0.6-0.47-0.30.230.98-0.54-0.30.21-0.67-0.3-0.41-0.37-0.2-0.3-0.34-0.030.871.0
-0.27-0.54-0.50.150.210.10.930.05-0.25-0.340.55-0.460.13-0.390.29-0.02-0.39-0.3-0.37-0.08-0.34-0.36-0.27-0.09-0.37
-0.08-0.07-0.320.050.09-0.090.1-0.07-0.070.480.14-0.13-0.07-0.12-0.320.01-0.120.01-0.2-0.080.48-0.080.730.09-0.2
0.370.45-0.050.360.360.26-0.220.480.361.0-0.41-0.22-0.370.38-0.090.260.380.4-0.3-0.340.480.380.26-0.23-0.3
0.990.960.710.510.540.87-0.550.740.980.38-0.95-0.240.131.00.210.451.00.99-0.34-0.36-0.080.38-0.18-0.64-0.34
-0.21-0.14-0.1-0.1-0.1-0.27-0.1-0.27-0.170.260.140.020.03-0.19-0.530.25-0.19-0.15-0.03-0.270.730.26-0.180.12-0.03
-0.68-0.51-0.18-0.88-0.92-0.830.14-0.72-0.75-0.230.590.85-0.64-0.620.09-0.75-0.62-0.670.87-0.090.09-0.23-0.640.120.87
-0.4-0.180.25-0.87-0.93-0.64-0.25-0.6-0.47-0.30.230.98-0.54-0.30.21-0.67-0.3-0.411.0-0.37-0.2-0.3-0.34-0.030.87
Click cells to compare fundamentals

EGain Account Relationship Matchups

EGain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.7M114.6M126.0M130.1M149.6M157.1M
Total Stockholder Equity34.6M46.1M56.9M61.7M55.5M58.3M
Other Assets3.3M3.8M4.0M3.7M3.3M5.4M
Common Stock Shares Outstanding32.0M32.6M31.6M32.8M37.7M20.4M
Liabilities And Stockholders Equity93.7M114.6M126.0M130.1M149.6M157.1M
Other Stockholder Equity374.3M378.4M393.1M395.2M454.5M322.5M
Total Liab59.1M68.5M69.2M68.4M78.7M82.6M
Other Current Liab11.3M12.8M13.6M13.1M15.0M8.5M
Total Current Liabilities52.2M63.5M62.0M63.7M73.3M76.9M
Property Plant And Equipment Net3.7M2.9M4.7M3.4M3.1M2.3M
Net Debt(43.5M)(61.0M)(68.6M)(70.6M)(63.5M)(60.4M)
Retained Earnings(338.1M)(331.1M)(333.6M)(331.4M)(298.3M)(313.2M)
Accounts Payable2.4M3.1M1.7M2.0M2.4M2.4M
Cash46.6M63.2M72.2M73.2M84.2M88.4M
Non Current Assets Total20.2M19.9M21.9M20.3M18.3M17.1M
Non Currrent Assets Other2.2M2.6M2.6M1.9M2.1M1.4M
Cash And Short Term Investments46.6M63.2M72.2M73.2M84.2M88.4M
Net Receivables22.7M26.3M27.0M31.6M36.3M38.1M
Non Current Liabilities Total6.9M5.0M7.1M4.7M5.4M9.8M
Other Current Assets617K778K895K1.3M1.1M1.4M
Property Plant And Equipment Gross3.7M2.9M4.7M3.4M3.1M2.3M
Total Current Assets73.5M94.7M104.1M109.8M126.3M132.6M
Accumulated Other Comprehensive Income(1.6M)(1.2M)(2.7M)(2.1M)(2.4M)(2.6M)
Other Liab5.5M4.2M4.6M2.9M3.4M2.9M
Property Plant Equipment3.7M2.9M831K3.4M3.1M2.2M
Current Deferred Revenue36.6M46.2M45.6M47.8M54.9M57.7M
Net Tangible Assets21.4M32.9M43.7M48.5M55.8M58.6M
Retained Earnings Total Equity(345.3M)(338.1M)(331.1M)(333.6M)(300.2M)(315.2M)
Capital Surpluse371.1M374.4M378.5M393.2M452.1M387.7M
Inventory3.6M4.4M4.1M3.8M4.4M2.5M
Deferred Long Term Liab2.4M2.6M3.1M2.3M2.7M3.2M

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When determining whether eGain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EGain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Egain Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Egain Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eGain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.
Note that the eGain information on this page should be used as a complementary analysis to other EGain's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running EGain's price analysis, check to measure EGain'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 EGain is operating at the current time. Most of EGain's value examination focuses on studying past and present price action to predict the probability of EGain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EGain's price. Additionally, you may evaluate how the addition of EGain to your portfolios can decrease your overall portfolio volatility.
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Is EGain'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 EGain. If investors know EGain 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 EGain 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
(0.71)
Earnings Share
0.28
Revenue Per Share
3.03
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0376
The market value of eGain is measured differently than its book value, which is the value of EGain that is recorded on the company's balance sheet. Investors also form their own opinion of EGain's value that differs from its market value or its book value, called intrinsic value, which is EGain'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 EGain's market value can be influenced by many factors that don't directly affect EGain'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 EGain's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGain'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.