Embraer Other Current Assets vs Net Receivables Analysis
ERJ Stock | USD 26.11 0.26 0.99% |
Embraer SA financial indicator trend analysis is much more than just examining Embraer SA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Embraer SA ADR is a good investment. Please check the relationship between Embraer SA Other Current Assets and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Embraer SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Other Current Assets vs Net Receivables
Other Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Embraer SA ADR Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Embraer SA's Other Current Assets and Net Receivables is 0.45. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Embraer SA ADR, assuming nothing else is changed. The correlation between historical values of Embraer SA's Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Embraer SA ADR are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Embraer SA's Other Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Net Receivables
Most indicators from Embraer SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Embraer SA ADR 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 Embraer SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Embraer SA's Selling General Administrative is relatively stable compared to the past year. Issuance Of Capital Stock is expected to hike to about 10 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) | Gross Profit | 659.6M | 912.2M | 914.7M | 816.5M | Total Revenue | 4.2B | 4.5B | 5.2B | 5.1B |
Embraer SA fundamental ratios Correlations
Click cells to compare fundamentals
Embraer SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Embraer SA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.6B | 10.5B | 10.2B | 10.1B | 10.7B | 9.3B | |
Other Current Liab | 605M | 501.8M | 526M | 658.2M | 768.3M | 934.4M | |
Total Current Liabilities | 2.8B | 2.4B | 2.8B | 3.2B | 3.7B | 2.9B | |
Total Stockholder Equity | 3.5B | 2.8B | 2.7B | 2.6B | 2.8B | 2.8B | |
Property Plant And Equipment Net | 2.1B | 2.0B | 1.7B | 1.7B | 1.9B | 1.4B | |
Net Debt | 1.2B | 2.6B | 2.3B | 1.5B | 1.3B | 1.4B | |
Accounts Payable | 832.7M | 502.3M | 510M | 767M | 821.8M | 856.3M | |
Cash | 2.3B | 1.9B | 1.8B | 1.8B | 1.6B | 1.6B | |
Non Current Assets Total | 4.4B | 4.4B | 4.3B | 4.4B | 4.7B | 3.7B | |
Non Currrent Assets Other | 118.2M | 144.8M | 150.4M | 194.3M | 133.0M | 126.4M | |
Cash And Short Term Investments | 2.7B | 2.7B | 2.6B | 2.3B | 2.1B | 2.3B | |
Net Receivables | 888M | 792M | 895.4M | 864.6M | 1.0B | 786.7M | |
Common Stock Shares Outstanding | 184.0M | 184.0M | 183.7M | 183.7M | 211.2M | 188.3M | |
Liabilities And Stockholders Equity | 10.6B | 10.5B | 10.2B | 10.1B | 10.7B | 9.2B | |
Non Current Liabilities Total | 4.1B | 5.2B | 4.6B | 4.1B | 4.1B | 3.5B | |
Inventory | 2.4B | 2.5B | 2.0B | 2.3B | 2.6B | 2.2B | |
Other Current Assets | 199.4M | 176.8M | 193.7M | 246.3M | 256.7M | 294.9M | |
Other Stockholder Equity | 10.9M | 11.7M | 9.2M | 12.1M | (17.9M) | (17.0M) | |
Total Liab | 7.0B | 7.6B | 7.4B | 7.3B | 7.7B | 6.4B | |
Total Current Assets | 6.2B | 6.1B | 5.9B | 5.8B | 6.0B | 5.6B | |
Accumulated Other Comprehensive Income | 2.0B | 1.3B | 1.1B | 1.0B | 2.1B | 1.1B | |
Other Liab | 3.3B | 1.8B | 5.4B | 5.8B | 6.7B | 7.1B | |
Retained Earnings | 2.6B | (221.0M) | (255.5M) | (450.1M) | (328.0M) | (311.6M) | |
Other Assets | 3.4B | 10.8B | 12.3B | 679.9M | 1.0 | 0.95 | |
Long Term Debt | 306.8M | 4.1B | 19.3B | 15.1B | 2.8B | 5.1B | |
Short Term Investments | 410.9M | 817.5M | 750.8M | 494.4M | 520.0M | 1.0B | |
Property Plant Equipment | 4.1B | 10.5B | 9.8B | 8.9B | 10.3B | 10.8B | |
Short Long Term Debt Total | 3.5B | 4.5B | 4.1B | 3.3B | 3.0B | 3.3B | |
Current Deferred Revenue | 1.2B | 1.0B | 1.2B | 1.5B | 1.9B | 2.0B | |
Property Plant And Equipment Gross | 1.0B | 2.0B | 3.2B | 3.1B | 3.3B | 1.7B | |
Short Term Debt | 227M | 391.1M | 585.7M | 320.5M | 140.3M | 133.3M | |
Intangible Assets | 884.1M | 2.1B | 2.2B | 2.2B | 2.3B | 1.4B | |
Treasury Stock | (87.0M) | (75.4M) | (73.6M) | (87.1M) | (100.2M) | (105.2M) | |
Good Will | 10M | 21.7M | 21.4M | 22.3M | 23.7M | 17.4M | |
Net Tangible Assets | 13.6B | 13.4B | 13.5B | 12.9B | 14.8B | 11.1B | |
Deferred Long Term Liab | 6.6B | 3.1B | 9.5B | 10.9B | 12.6B | 13.2B | |
Long Term Investments | 23M | 56.9M | 70M | 182.3M | 198.2M | 130.9M | |
Short Long Term Debt | 18.9M | 379.7M | 574.2M | 308.5M | 127.1M | 120.7M |
Pair Trading with Embraer SA
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 Embraer SA 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 Embraer SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Embraer Stock
0.89 | CW | Curtiss Wright | PairCorr |
0.95 | EH | Ehang Holdings | PairCorr |
0.88 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
Moving against Embraer Stock
0.92 | AZ | A2Z Smart Technologies | PairCorr |
0.78 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
0.69 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
0.47 | ESLT | Elbit Systems Financial Report 4th of June 2024 | PairCorr |
0.44 | DPRO | Draganfly Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Embraer SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Embraer SA 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 Embraer SA - 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 Embraer SA ADR to buy it.
The correlation of Embraer SA 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 Embraer SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Embraer SA ADR 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 Embraer SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Embraer SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Embraer Stock analysis
When running Embraer SA's price analysis, check to measure Embraer SA'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 Embraer SA is operating at the current time. Most of Embraer SA's value examination focuses on studying past and present price action to predict the probability of Embraer SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embraer SA's price. Additionally, you may evaluate how the addition of Embraer SA to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
CEOs Directory Screen CEOs from public companies around the world | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is Embraer SA'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 Embraer SA. If investors know Embraer 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 Embraer SA 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 6.92 | Earnings Share 0.88 | Revenue Per Share 142.168 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0171 |
The market value of Embraer SA ADR is measured differently than its book value, which is the value of Embraer that is recorded on the company's balance sheet. Investors also form their own opinion of Embraer SA's value that differs from its market value or its book value, called intrinsic value, which is Embraer SA'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 Embraer SA's market value can be influenced by many factors that don't directly affect Embraer SA'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 Embraer SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embraer SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embraer SA'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.