Eagle Common Stock Total Equity vs Total Liab Analysis

EXP Stock

USD 256.70 2.77 1.09%

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

To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Materials guide.

Common Stock Total Equity vs Total Liab

Common Stock Total Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Materials Common Stock Total Equity account and Total Liab. At this time, the significance of the direction appears to have no relationship.

The correlation between Eagle Materials' Common Stock Total Equity and Total Liab is 0.09. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Eagle Materials, assuming nothing else is changed. The correlation between historical values of Eagle Materials' Common Stock Total Equity and Total Liab 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 Total Equity of Eagle Materials are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock Total Equity i.e., Eagle Materials' Common Stock Total Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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

To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Materials guide.At this time, Eagle Materials' Selling General Administrative is relatively stable compared to the past year. As of 04/28/2024, Tax Provision is likely to grow to about 153.4 M, while Sales General And Administrative To Revenue is likely to drop 0.02.

	2021	2022	2023	2024 (projected)
Gross Profit	519.6M	639.3M	735.2M	771.9M
Total Revenue	1.9B	2.1B	2.5B	2.6B

Gross Profit Total Revenue

Eagle Materials 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	Accounts Payable	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 Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Other Current Assets	Other Assets	Long Term Debt	Common Stock Total Equity
Total Assets		0.93	0.77	0.9	0.71	0.99	0.92	0.93	0.93	0.39	1.0	-0.33	0.39	0.93	-0.81	0.94	0.94	-0.37	0.96	0.97	0.08	0.82	0.07	0.14	0.93	0.23
Short Long Term Debt Total	0.93		0.67	0.76	0.5	0.89	0.99	0.75	0.83	0.44	0.91	-0.16	0.44	0.98	-0.75	0.99	0.8	-0.5	0.99	0.93	-0.09	0.74	-0.1	0.08	1.0	0.04
Other Current Liab	0.77	0.67		0.67	0.8	0.77	0.66	0.79	0.68	0.29	0.77	-0.26	0.29	0.69	-0.68	0.68	0.66	-0.39	0.7	0.73	0.47	0.85	0.42	-0.09	0.69	0.07
Total Current Liabilities	0.9	0.76	0.67		0.7	0.92	0.79	0.89	0.95	0.11	0.92	-0.54	0.11	0.79	-0.71	0.77	0.92	-0.28	0.81	0.79	0.13	0.75	0.02	0.12	0.74	0.25
Total Stockholder Equity	0.71	0.5	0.8	0.7		0.76	0.48	0.81	0.62	0.29	0.71	-0.24	0.29	0.51	-0.62	0.5	0.73	-0.03	0.54	0.69	0.39	0.92	0.41	0.15	0.5	0.43
Property Plant And Equipment Net	0.99	0.89	0.77	0.92	0.76		0.89	0.94	0.93	0.33	0.99	-0.36	0.33	0.9	-0.78	0.9	0.95	-0.31	0.92	0.94	0.15	0.85	0.13	0.15	0.89	0.29
Net Debt	0.92	0.99	0.66	0.79	0.48	0.89		0.75	0.86	0.3	0.92	-0.26	0.3	0.99	-0.76	0.98	0.83	-0.5	0.98	0.9	-0.07	0.72	-0.12	0.05	0.99	0.06
Retained Earnings	0.93	0.75	0.79	0.89	0.81	0.94	0.75		0.87	0.31	0.93	-0.34	0.31	0.77	-0.71	0.76	0.91	-0.4	0.8	0.87	0.28	0.79	0.23	0.1	0.75	0.23
Accounts Payable	0.93	0.83	0.68	0.95	0.62	0.93	0.86	0.87		0.14	0.95	-0.59	0.14	0.86	-0.8	0.86	0.92	-0.36	0.89	0.82	-0.03	0.72	-0.11	0.16	0.83	0.19
Cash	0.39	0.44	0.29	0.11	0.29	0.33	0.3	0.31	0.14		0.34	0.57	1.0	0.28	-0.25	0.45	0.14	-0.2	0.42	0.58	-0.13	0.36	0.06	0.18	0.45	-0.05
Non Current Assets Total	1.0	0.91	0.77	0.92	0.71	0.99	0.92	0.93	0.95	0.34		-0.38	0.34	0.92	-0.82	0.93	0.95	-0.37	0.95	0.95	0.09	0.82	0.06	0.14	0.91	0.24
Non Currrent Assets Other	-0.33	-0.16	-0.26	-0.54	-0.24	-0.36	-0.26	-0.34	-0.59	0.57	-0.38		0.57	-0.28	0.5	-0.22	-0.47	-0.02	-0.26	-0.09	0.0	-0.22	0.16	-0.06	-0.16	-0.27
Cash And Short Term Investments	0.39	0.44	0.29	0.11	0.29	0.33	0.3	0.31	0.14	1.0	0.34	0.57		0.28	-0.25	0.45	0.14	-0.2	0.42	0.58	-0.13	0.36	0.06	0.18	0.45	-0.05
Net Receivables	0.93	0.98	0.69	0.79	0.51	0.9	0.99	0.77	0.86	0.28	0.92	-0.28	0.28		-0.73	0.97	0.86	-0.47	0.97	0.91	-0.01	0.73	-0.07	0.04	0.97	0.06
Common Stock Shares Outstanding	-0.81	-0.75	-0.68	-0.71	-0.62	-0.78	-0.76	-0.71	-0.8	-0.25	-0.82	0.5	-0.25	-0.73		-0.8	-0.77	0.31	-0.81	-0.75	0.07	-0.74	0.03	-0.14	-0.76	-0.39
Non Current Liabilities Total	0.94	0.99	0.68	0.77	0.5	0.9	0.98	0.76	0.86	0.45	0.93	-0.22	0.45	0.97	-0.8		0.82	-0.48	1.0	0.94	-0.11	0.73	-0.12	0.11	0.99	0.07
Inventory	0.94	0.8	0.66	0.92	0.73	0.95	0.83	0.91	0.92	0.14	0.95	-0.47	0.14	0.86	-0.77	0.82		-0.24	0.85	0.87	0.13	0.77	0.1	0.17	0.8	0.38
Other Stockholder Equity	-0.37	-0.5	-0.39	-0.28	-0.03	-0.31	-0.5	-0.4	-0.36	-0.2	-0.37	-0.02	-0.2	-0.47	0.31	-0.48	-0.24		-0.47	-0.36	0.14	-0.2	0.3	0.23	-0.51	0.61
Total Liab	0.96	0.99	0.7	0.81	0.54	0.92	0.98	0.8	0.89	0.42	0.95	-0.26	0.42	0.97	-0.81	1.0	0.85	-0.47		0.94	-0.09	0.75	-0.11	0.11	0.99	0.09
Total Current Assets	0.97	0.93	0.73	0.79	0.69	0.94	0.9	0.87	0.82	0.58	0.95	-0.09	0.58	0.91	-0.75	0.94	0.87	-0.36	0.94		0.06	0.81	0.1	0.15	0.94	0.21
Short Term Debt	0.08	-0.09	0.47	0.13	0.39	0.15	-0.07	0.28	-0.03	-0.13	0.09	0.0	-0.13	-0.01	0.07	-0.11	0.13	0.14	-0.09	0.06		0.2	0.93	-0.26	-0.08	0.23
Property Plant And Equipment Gross	0.82	0.74	0.85	0.75	0.92	0.85	0.72	0.79	0.72	0.36	0.82	-0.22	0.36	0.73	-0.74	0.73	0.77	-0.2	0.75	0.81	0.2		0.21	0.13	0.73	0.31
Other Current Assets	0.07	-0.1	0.42	0.02	0.41	0.13	-0.12	0.23	-0.11	0.06	0.06	0.16	0.06	-0.07	0.03	-0.12	0.1	0.3	-0.11	0.1	0.93	0.21		-0.17	-0.09	0.4
Other Assets	0.14	0.08	-0.09	0.12	0.15	0.15	0.05	0.1	0.16	0.18	0.14	-0.06	0.18	0.04	-0.14	0.11	0.17	0.23	0.11	0.15	-0.26	0.13	-0.17		0.07	0.34
Long Term Debt	0.93	1.0	0.69	0.74	0.5	0.89	0.99	0.75	0.83	0.45	0.91	-0.16	0.45	0.97	-0.76	0.99	0.8	-0.51	0.99	0.94	-0.08	0.73	-0.09	0.07		0.04
Common Stock Total Equity	0.23	0.04	0.07	0.25	0.43	0.29	0.06	0.23	0.19	-0.05	0.24	-0.27	-0.05	0.06	-0.39	0.07	0.38	0.61	0.09	0.21	0.23	0.31	0.4	0.34	0.04

Click cells to compare fundamentals

Eagle Materials Account Relationship Matchups

Eagle Materials fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0B	2.8B	2.6B	2.8B	3.2B	3.4B
Short Long Term Debt Total	1.6B	1.0B	974.6M	1.1B	1.3B	1.3B
Other Current Liab	73.3M	78.8M	86.8M	86.5M	99.4M	54.5M
Total Current Liabilities	169.7M	169.4M	207.6M	212.9M	244.8M	257.1M
Total Stockholder Equity	967.8M	1.4B	1.1B	1.2B	1.4B	704.3M
Property Plant And Equipment Net	1.8B	1.7B	1.6B	1.7B	1.9B	2.0B
Net Debt	1.5B	751.4M	955.2M	1.1B	1.2B	1.3B
Retained Earnings	960.1M	1.3B	1.1B	1.2B	1.4B	1.4B
Accounts Payable	86.2M	84.2M	113.7M	110.4M	127.0M	133.3M
Cash	118.6M	263.5M	19.4M	15.2M	17.5M	31.7M
Non Current Assets Total	2.3B	2.2B	2.1B	2.3B	2.6B	2.7B
Non Currrent Assets Other	10.6M	15.9M	(204.4M)	(215.3M)	(193.8M)	(184.1M)
Cash And Short Term Investments	118.6M	263.5M	19.4M	15.2M	17.5M	31.7M
Net Receivables	280.2M	150.0M	183.5M	211.3M	243.0M	255.2M
Common Stock Shares Outstanding	42.3M	41.8M	40.9M	37.1M	33.3M	41.9M
Liabilities And Stockholders Equity	3.0B	2.8B	2.6B	2.8B	3.2B	3.4B
Non Current Liabilities Total	1.8B	1.3B	1.2B	1.4B	1.6B	1.7B
Inventory	272.5M	235.7M	236.7M	291.9M	335.7M	352.4M
Other Stockholder Equity	10.9M	62.5M	(3.2M)	(3.5M)	(3.2M)	(3.0M)
Total Liab	2.0B	1.5B	1.4B	1.6B	1.8B	1.9B
Total Current Assets	678.2M	661.7M	442.7M	521.5M	599.7M	629.7M
Short Term Debt	10.2M	6.3M	7.1M	16.0M	18.4M	17.5M
Property Plant And Equipment Gross	1.8B	1.7B	1.6B	1.7B	1.9B	969.9M
Accumulated Other Comprehensive Income	(3.6M)	(3.4M)	(3.2M)	(3.5M)	(4.1M)	(4.3M)
Other Current Assets	6.9M	12.4M	1.2M	3.1M	3.5M	3.3M
Other Assets	19.7M	24.4M	28.0M	14.1M	16.3M	21.2M
Long Term Debt	1.6B	1.0B	938.3M	1.1B	1.2B	1.3B
Common Stock Total Equity	416K	424K	387K	358K	411.7K	425.4K
Common Stock	416K	424K	387K	358K	411.7K	425.4K
Property Plant Equipment	1.8B	1.7B	1.6B	1.7B	1.9B	1.1B
Intangible Assets	64.9M	63.2M	58.8M	85.3M	98.1M	53.1M
Other Liab	125.3M	206.4M	267.3M	300.3M	345.3M	362.6M
Net Tangible Assets	571.4M	966.7M	745.7M	719.7M	827.6M	815.6M
Retained Earnings Total Equity	960.1M	1.3B	1.1B	1.2B	1.4B	992.4M
Long Term Debt Total	1.6B	1.0B	938.3M	1.1B	1.2B	748.0M
Deferred Long Term Liab	166.7M	226.0M	232.4M	236.8M	272.4M	178.4M

Pair Trading with Eagle Materials

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 Eagle Materials 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 Eagle Materials will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eagle Stock

0.9

CRH

CRH PLC ADR

Pair Corr

Moving against Eagle Stock

0.64	RETO	ReTo Eco Solutions Report 6th of May 2024	Pair Corr
0.48	X	United States Steel Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Eagle Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Materials 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 Eagle Materials - 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 Eagle Materials to buy it.

The correlation of Eagle Materials 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 Eagle Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Materials 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 Eagle Materials 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.

Pair Correlation Correlation Matching

When determining whether Eagle Materials is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eagle Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eagle Materials Stock. Highlighted below are key reports to facilitate an investment decision about Eagle Materials Stock:

How To Invest In Eagle

Details

Is Eagle Stock a good investment?

Details

What is Eagle Materials' Net Worth?

Details

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

To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Materials guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Eagle Stock analysis

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

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Is Eagle Materials' 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 Eagle Materials. If investors know Eagle 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 Eagle Materials 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

0.163

Dividend Share

Earnings Share

14.17

Revenue Per Share

64.117

Quarterly Revenue Growth

0.093

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Eagle Common Stock Total Equity vs Total Liab Analysis

Common Stock Total Equity vs Total Liab

Common Stock Total Equity vs Total Liab Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Total Liab

Eagle Materials fundamental ratios Correlations

Eagle Materials Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eagle Materials fundamental ratios Accounts

Pair Trading with Eagle Materials

Moving together with Eagle Stock

Moving against Eagle Stock

Complementary Tools for Eagle Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.82	Non Current Assets Total
Total Liab	- 0.81	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.81	Total Assets
Non Current Liabilities Total	- 0.8	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.8	Accounts Payable
Common Stock Shares Outstanding	- 0.78	Property Plant And Equipment Net