EchoStar Short Long Term Debt vs Accounts Payable Analysis
| SATS Stock | USD 18.64 1.05 5.97% |
EchoStar financial indicator trend analysis is much more than just examining EchoStar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EchoStar is a good investment. Please check the relationship between EchoStar Short Long Term Debt and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in EchoStar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy EchoStar Stock please use our How to Invest in EchoStar guide.
Short Long Term Debt vs Accounts Payable
Short Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EchoStar Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between EchoStar's Short Long Term Debt and Accounts Payable is 0.74. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of EchoStar, assuming nothing else is changed. The correlation between historical values of EchoStar's Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of EchoStar are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., EchoStar's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Accounts Payable
An accounting item on the balance sheet that represents EchoStar obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of EchoStar are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from EchoStar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EchoStar 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 World Market Map to better understand how to build diversified portfolios, which includes a position in EchoStar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy EchoStar Stock please use our How to Invest in EchoStar guide.At this time, EchoStar's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 41.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.1B | 3.6B | 3.8B | Total Revenue | 2.0B | 2.0B | 17.0B | 17.9B |
EchoStar fundamental ratios Correlations
Click cells to compare fundamentals
EchoStar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EchoStar fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 7.2B | 7.1B | 6.0B | 6.2B | 57.1B | 60.0B | |
| Short Long Term Debt Total | 2.5B | 2.5B | 1.6B | 1.7B | 26.3B | 27.6B | |
| Other Current Liab | 253.8M | 284.5M | 192.2M | 181.3M | 3.1B | 3.2B | |
| Total Current Liabilities | 496.0M | 1.4B | 460.1M | 422.8M | 8.0B | 8.4B | |
| Total Stockholder Equity | 3.7B | 3.5B | 3.4B | 3.5B | 19.9B | 20.9B | |
| Property Plant And Equipment Net | 2.6B | 2.5B | 2.5B | 2.4B | 12.6B | 13.3B | |
| Current Deferred Revenue | 101.1M | 104.6M | 141.3M | 121.7M | 754.7M | 792.4M | |
| Net Debt | 982.4M | 1.6B | 1.1B | 946.0M | 24.5B | 25.7B | |
| Retained Earnings | 632.8M | 583.6M | 656.5M | 833.5M | 11.7B | 12.3B | |
| Accounts Payable | 126.0M | 123.1M | 109.8M | 101.9M | 774.0M | 812.7M | |
| Cash | 1.5B | 896.0M | 535.9M | 704.5M | 1.8B | 923.8M | |
| Non Current Assets Total | 4.3B | 4.2B | 4.1B | 4.1B | 52.2B | 54.8B | |
| Non Currrent Assets Other | 225.8M | 234.5M | 208.1M | 192.2M | 39.0B | 40.9B | |
| Other Assets | 233.1M | 352.9M | 338.2M | 200.2M | 230.3M | 306.7M | |
| Cash And Short Term Investments | 2.5B | 2.5B | 1.5B | 1.7B | 2.4B | 1.9B | |
| Net Receivables | 207.3M | 189.6M | 199.0M | 240.0M | 1.1B | 1.2B | |
| Common Stock Shares Outstanding | 96.7M | 97.9M | 89.9M | 307.7M | 270.8M | 284.4M | |
| Short Term Investments | 940.6M | 1.6B | 1.0B | 973.9M | 623.0M | 1.0B | |
| Liabilities And Stockholders Equity | 7.2B | 7.1B | 6.0B | 6.2B | 57.1B | 60.0B | |
| Non Current Liabilities Total | 2.9B | 2.0B | 2.2B | 2.2B | 28.7B | 30.1B | |
| Inventory | 79.6M | 98.0M | 103.1M | 123.6M | 665.2M | 698.4M | |
| Other Current Assets | 22.2M | 30.8M | 21.1M | 21.5M | 660.1M | 693.1M | |
| Other Stockholder Equity | 3.2B | 3.1B | 2.9B | 2.8B | 8.3B | 8.7B | |
| Total Liab | 3.4B | 3.5B | 2.6B | 2.6B | 36.7B | 38.6B | |
| Property Plant And Equipment Gross | 2.6B | 2.5B | 5.8B | 5.1B | 20.8B | 21.9B | |
| Total Current Assets | 2.8B | 2.9B | 1.9B | 2.1B | 4.9B | 2.6B | |
| Accumulated Other Comprehensive Income | (122.1M) | (187.9M) | (212.1M) | (172.2M) | (160.1M) | (152.1M) | |
| Short Term Debt | 15.1M | 912.9M | 16.8M | 17.9M | 3.4B | 3.6B | |
| Intangible Assets | 609.9M | 613.9M | 608.5M | 595.1M | 38.7B | 40.7B | |
| Property Plant Equipment | 2.6B | 2.5B | 2.5B | 2.4B | 2.7B | 2.5B | |
| Long Term Debt | 2.4B | 1.5B | 1.5B | 1.5B | 19.7B | 20.7B | |
| Other Liab | 426.1M | 430.8M | 540.1M | 544.4M | 626.1M | 385.4M | |
| Net Tangible Assets | 2.7B | 2.5B | 2.4B | 3.0B | 3.4B | 2.7B | |
| Noncontrolling Interest In Consolidated Entity | 75.7M | 64.9M | 60.3M | 96.4M | 110.9M | 116.4M | |
| Retained Earnings Total Equity | 632.8M | 583.6M | 656.5M | 833.5M | 958.5M | 1.0B | |
| Long Term Debt Total | 2.4B | 1.5B | 1.5B | 1.5B | 1.7B | 2.4B |
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 World Market Map to better understand how to build diversified portfolios, which includes a position in EchoStar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy EchoStar Stock please use our How to Invest in EchoStar guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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.