Eastern Net Income vs Operating Income Analysis

EML Stock

USD 27.08 0.77 2.76%

Eastern financial indicator trend analysis is much more than just examining Eastern latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern is a good investment. Please check the relationship between Eastern Net Income and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Net Income account and Operating Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Eastern's Net Income and Operating Income is 0.38. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Eastern Co, assuming nothing else is changed. The correlation between historical values of Eastern's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Eastern Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Eastern's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Eastern financial statement analysis. It represents the amount of money remaining after all of Eastern Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Eastern operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Eastern Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern 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 Eastern Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

At this time, Eastern's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 1.5 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.03.

	2021	2022	2023	2024 (projected)
Interest Expense	1.7M	2.3M	3.5M	3.7M
Depreciation And Amortization	10.6M	10.4M	7.5M	4.5M

Interest Expense Depreciation And Amortization

Eastern fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.94	0.2	0.94	0.9	0.83	0.91	0.91	-0.14	0.99	-0.4	-0.13	0.97	-0.33	0.94	0.95	0.65	-0.63	0.97	0.79	0.8	0.85	0.68	0.95	0.57	0.55
Short Long Term Debt Total	0.94		0.28	0.85	0.71	0.87	0.99	0.71	-0.23	0.97	-0.25	-0.22	0.9	-0.11	0.98	0.8	0.6	-0.39	0.98	0.74	0.72	0.82	0.8	0.86	0.37	0.36
Other Current Liab	0.2	0.28		0.09	0.17	0.39	0.28	0.14	-0.14	0.28	-0.41	-0.12	0.11	0.32	0.22	0.03	0.11	0.02	0.2	0.6	0.03	0.16	0.23	0.11	0.08	-0.02
Total Current Liabilities	0.94	0.85	0.09		0.89	0.66	0.86	0.87	-0.34	0.91	-0.45	-0.33	0.98	-0.34	0.81	0.95	0.71	-0.52	0.89	0.72	0.75	0.94	0.46	0.99	0.49	0.46
Total Stockholder Equity	0.9	0.71	0.17	0.89		0.63	0.69	0.99	-0.09	0.85	-0.6	-0.08	0.9	-0.5	0.71	0.95	0.62	-0.75	0.78	0.76	0.71	0.76	0.42	0.9	0.65	0.62
Property Plant And Equipment Net	0.83	0.87	0.39	0.66	0.63		0.82	0.67	0.05	0.86	-0.13	0.07	0.75	-0.03	0.91	0.69	0.59	-0.52	0.88	0.68	0.82	0.63	0.77	0.69	0.65	0.63
Net Debt	0.91	0.99	0.28	0.86	0.69	0.82		0.68	-0.37	0.96	-0.29	-0.36	0.9	-0.1	0.95	0.78	0.61	-0.31	0.96	0.74	0.67	0.84	0.76	0.88	0.3	0.29
Retained Earnings	0.91	0.71	0.14	0.87	0.99	0.67	0.68		-0.01	0.85	-0.53	0.0	0.9	-0.51	0.73	0.96	0.61	-0.8	0.8	0.75	0.75	0.74	0.44	0.89	0.7	0.68
Cash	-0.14	-0.23	-0.14	-0.34	-0.09	0.05	-0.37	-0.01		-0.21	0.37	1.0	-0.26	-0.08	-0.08	-0.12	-0.3	-0.47	-0.15	-0.16	0.12	-0.35	0.03	-0.36	0.33	0.4
Non Current Assets Total	0.99	0.97	0.28	0.91	0.85	0.86	0.96	0.85	-0.21		-0.41	-0.2	0.95	-0.25	0.96	0.89	0.62	-0.53	0.98	0.83	0.74	0.84	0.72	0.93	0.48	0.46
Non Currrent Assets Other	-0.4	-0.25	-0.41	-0.45	-0.6	-0.13	-0.29	-0.53	0.37	-0.41		0.34	-0.37	0.29	-0.18	-0.42	-0.17	0.22	-0.26	-0.65	0.0	-0.3	-0.04	-0.45	-0.12	0.01
Cash And Short Term Investments	-0.13	-0.22	-0.12	-0.33	-0.08	0.07	-0.36	0.0	1.0	-0.2	0.34		-0.25	-0.08	-0.07	-0.11	-0.29	-0.48	-0.15	-0.15	0.13	-0.35	0.03	-0.35	0.35	0.42
Net Receivables	0.97	0.9	0.11	0.98	0.9	0.75	0.9	0.9	-0.26	0.95	-0.37	-0.25		-0.37	0.88	0.96	0.73	-0.57	0.94	0.71	0.81	0.9	0.59	0.99	0.55	0.54
Common Stock Shares Outstanding	-0.33	-0.11	0.32	-0.34	-0.5	-0.03	-0.1	-0.51	-0.08	-0.25	0.29	-0.08	-0.37		-0.17	-0.49	-0.02	0.47	-0.22	-0.25	-0.21	-0.08	-0.04	-0.37	-0.24	-0.27
Non Current Liabilities Total	0.94	0.98	0.22	0.81	0.71	0.91	0.95	0.73	-0.08	0.96	-0.18	-0.07	0.88	-0.17		0.8	0.55	-0.49	0.99	0.72	0.76	0.76	0.83	0.83	0.45	0.46
Inventory	0.95	0.8	0.03	0.95	0.95	0.69	0.78	0.96	-0.12	0.89	-0.42	-0.11	0.96	-0.49	0.8		0.66	-0.71	0.87	0.69	0.82	0.83	0.51	0.96	0.64	0.63
Other Current Assets	0.65	0.6	0.11	0.71	0.62	0.59	0.61	0.61	-0.3	0.62	-0.17	-0.29	0.73	-0.02	0.55	0.66		-0.34	0.62	0.37	0.73	0.76	0.32	0.71	0.67	0.65
Other Stockholder Equity	-0.63	-0.39	0.02	-0.52	-0.75	-0.52	-0.31	-0.8	-0.47	-0.53	0.22	-0.48	-0.57	0.47	-0.49	-0.71	-0.34		-0.52	-0.44	-0.69	-0.37	-0.27	-0.54	-0.76	-0.78
Total Liab	0.97	0.98	0.2	0.89	0.78	0.88	0.96	0.8	-0.15	0.98	-0.26	-0.15	0.94	-0.22	0.99	0.87	0.62	-0.52		0.75	0.79	0.83	0.76	0.9	0.48	0.48
Property Plant And Equipment Gross	0.79	0.74	0.6	0.72	0.76	0.68	0.74	0.75	-0.16	0.83	-0.65	-0.15	0.71	-0.25	0.72	0.69	0.37	-0.44	0.75		0.43	0.67	0.44	0.72	0.35	0.29
Total Current Assets	0.8	0.72	0.03	0.75	0.71	0.82	0.67	0.75	0.12	0.74	0.0	0.13	0.81	-0.21	0.76	0.82	0.73	-0.69	0.79	0.43		0.7	0.53	0.75	0.84	0.85
Short Term Debt	0.85	0.82	0.16	0.94	0.76	0.63	0.84	0.74	-0.35	0.84	-0.3	-0.35	0.9	-0.08	0.76	0.83	0.76	-0.37	0.83	0.67	0.7		0.39	0.91	0.43	0.42
Intangible Assets	0.68	0.8	0.23	0.46	0.42	0.77	0.76	0.44	0.03	0.72	-0.04	0.03	0.59	-0.04	0.83	0.51	0.32	-0.27	0.76	0.44	0.53	0.39		0.49	0.24	0.25
Accounts Payable	0.95	0.86	0.11	0.99	0.9	0.69	0.88	0.89	-0.36	0.93	-0.45	-0.35	0.99	-0.37	0.83	0.96	0.71	-0.54	0.9	0.72	0.75	0.91	0.49		0.5	0.48
Common Stock Total Equity	0.57	0.37	0.08	0.49	0.65	0.65	0.3	0.7	0.33	0.48	-0.12	0.35	0.55	-0.24	0.45	0.64	0.67	-0.76	0.48	0.35	0.84	0.43	0.24	0.5		0.98
Common Stock	0.55	0.36	-0.02	0.46	0.62	0.63	0.29	0.68	0.4	0.46	0.01	0.42	0.54	-0.27	0.46	0.63	0.65	-0.78	0.48	0.29	0.85	0.42	0.25	0.48	0.98

Click cells to compare fundamentals

Eastern Account Relationship Matchups

Eastern fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	280.7M	275.5M	266.3M	261.5M	252.0M	264.6M
Short Long Term Debt Total	111.1M	101.5M	82.6M	76.4M	62.1M	65.2M
Other Current Liab	6.8M	7.8M	581.0K	7.3M	9.9M	5.0M
Total Current Liabilities	31.9M	40.7M	49.6M	47.0M	42.7M	44.9M
Total Stockholder Equity	105.4M	104.3M	114.6M	126.6M	132.5M	139.1M
Property Plant And Equipment Net	54.4M	52.7M	39.4M	38.3M	45.5M	26.2M
Net Debt	93.1M	85.4M	76.4M	66.2M	53.8M	56.5M
Retained Earnings	120.2M	122.8M	129.4M	139.0M	144.8M	152.0M
Cash	18.0M	16.1M	6.2M	10.2M	8.3M	9.2M
Non Current Assets Total	165.7M	163.8M	142.7M	136.2M	139.8M	146.8M
Non Currrent Assets Other	(5.3B)	1.7M	2.7M	2.3M	(986.5B)	(937.2B)
Cash And Short Term Investments	18.0M	16.1M	6.2M	10.2M	9.3M	9.2M
Net Receivables	37.9M	38.1M	44.2M	43.9M	37.6M	39.5M
Common Stock Shares Outstanding	6.3M	6.3M	6.3M	6.2M	6.3M	4.9M
Liabilities And Stockholders Equity	280.7M	275.5M	266.3M	261.5M	252.0M	264.6M
Non Current Liabilities Total	143.3M	130.6M	102.2M	87.9M	76.8M	80.7M
Inventory	54.6M	53.1M	62.9M	64.6M	59.3M	62.2M
Other Current Assets	4.3M	4.3M	6.9M	6.6M	6.0M	3.1M
Total Liab	175.2M	171.2M	151.7M	134.9M	119.6M	125.5M
Property Plant And Equipment Gross	54.4M	88.2M	28.3M	56.1M	77.5M	81.4M
Total Current Assets	114.9M	111.7M	123.7M	125.3M	112.2M	59.8M
Accumulated Other Comprehensive Income	(25.2M)	(29.5M)	(26.5M)	(23.4M)	(23.0M)	(21.8M)
Short Term Debt	5.2M	9.4M	10.2M	12.1M	7.5M	7.9M
Intangible Assets	111.4M	32.5M	28.3M	24.3M	20.8M	21.9M
Accounts Payable	20.0M	23.5M	29.6M	27.6M	25.3M	26.6M
Common Stock Total Equity	30.7M	31.5M	32.6M	33.6M	38.6M	22.0M
Common Stock	30.7M	31.5M	32.6M	33.6M	34.0M	21.9M
Other Liab	37.4M	38.4M	29.7M	23.6M	27.1M	20.2M
Long Term Debt	93.6M	82.3M	63.8M	55.1M	41.1M	26.3M
Good Will	79.5M	76.9M	72.2M	70.8M	70.8M	74.3M
Property Plant Equipment	42.0M	52.7M	28.3M	26.1M	30.0M	30.6M
Current Deferred Revenue	7.3M	5.3B	2.9M	9.2M	8.3M	7.9M
Net Tangible Assets	117.8M	(5.1M)	114.6M	126.6M	145.6M	91.4M
Retained Earnings Total Equity	120.2M	122.8M	(129.4M)	139.0M	125.1M	64.6M

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When determining whether Eastern is a strong investment it is important to analyze Eastern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:

How To Invest In Eastern

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Is Eastern Stock a good investment?

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What is Eastern's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

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 Eastern's price analysis, check to measure Eastern'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 Eastern is operating at the current time. Most of Eastern's value examination focuses on studying past and present price action to predict the probability of Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern's price. Additionally, you may evaluate how the addition of Eastern to your portfolios can decrease your overall portfolio volatility.

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Is Eastern'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 Eastern. If investors know Eastern 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 Eastern 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

2.177

Dividend Share

0.44

Earnings Share

1.58

Revenue Per Share

43.157

Quarterly Revenue Growth

(0.06)

The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern'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 Eastern's market value can be influenced by many factors that don't directly affect Eastern'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 Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern'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.

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Eastern Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Eastern fundamental ratios Correlations

Eastern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastern fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Eastern Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Net Receivables

Other Stockholder Equity	- 0.8	Retained Earnings
Common Stock	- 0.78	Other Stockholder Equity
Common Stock Total Equity	- 0.76	Other Stockholder Equity
Other Stockholder Equity	- 0.75	Total Stockholder Equity
Other Stockholder Equity	- 0.71	Inventory
Total Current Assets	- 0.69	Other Stockholder Equity