Eastside Operating Income from 2010 to 2024
| EAST Stock | USD 0.96 0.08 9.09% |
Operating Income | First Reported 2011-06-30 | Previous Quarter -1.7 M | Current Value -1.7 M | Quarterly Volatility 1.1 M |
Check Eastside Distilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastside main balance sheet or income statement drivers, such as Interest Expense of 687 K, Selling General Administrative of 4.9 M or Total Revenue of 6.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.0404 or PTB Ratio of 1.73. Eastside financial statements analysis is a perfect complement when working with Eastside Distilling Valuation or Volatility modules.
Eastside | Operating Income |
Latest Eastside Distilling's Operating Income Growth Pattern
Below is the plot of the Operating Income of Eastside Distilling over the last few years. Operating Income is the amount of profit realized from Eastside Distilling 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 Eastside Distilling is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Eastside Distilling's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastside Distilling's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Eastside Operating Income Regression Statistics
| Arithmetic Mean | (4,731,259) | |
| Coefficient Of Variation | (80.44) | |
| Mean Deviation | 2,809,865 | |
| Median | (4,829,875) | |
| Standard Deviation | 3,805,973 | |
| Sample Variance | 14.5T | |
| Range | 13.6M | |
| R-Value | (0.69) | |
| Mean Square Error | 8.1T | |
| R-Squared | 0.48 | |
| Significance | 0 | |
| Slope | (588,976) | |
| Total Sum of Squares | 202.8T |
Eastside Operating Income History
Other Fundumenentals of Eastside Distilling
Eastside Distilling Operating Income component correlations
Click cells to compare fundamentals
About Eastside Distilling Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Eastside Distilling income statement, its balance sheet, and the statement of cash flows. Eastside Distilling investors use historical funamental indicators, such as Eastside Distilling's Operating Income, to determine how well the company is positioned to perform in the future. Although Eastside Distilling investors may use each financial statement separately, they are all related. The changes in Eastside Distilling's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastside Distilling's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eastside Distilling Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eastside Distilling. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | -5.2 M | -5.4 M | |
| Non Operating Income Net Other | -334.8 K | -351.5 K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eastside Distilling in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eastside Distilling's short interest history, or implied volatility extrapolated from Eastside Distilling options trading.
Pair Trading with Eastside Distilling
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 Eastside Distilling 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 Eastside Distilling will appreciate offsetting losses from the drop in the long position's value.Moving against Eastside Stock
| 0.61 | VDKB | Vodka Brands Corp | PairCorr |
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| 0.51 | BG | Bunge Limited Financial Report 1st of May 2024 | PairCorr |
| 0.49 | K | Kellanova Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Eastside Distilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastside Distilling 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 Eastside Distilling - 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 Eastside Distilling to buy it.
The correlation of Eastside Distilling 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 Eastside Distilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastside Distilling 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 Eastside Distilling 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 the analysis of Eastside Distilling Correlation against competitors. For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Eastside Distilling's price analysis, check to measure Eastside Distilling'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 Eastside Distilling is operating at the current time. Most of Eastside Distilling's value examination focuses on studying past and present price action to predict the probability of Eastside Distilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastside Distilling's price. Additionally, you may evaluate how the addition of Eastside Distilling to your portfolios can decrease your overall portfolio volatility.
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Is Eastside Distilling'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 Eastside Distilling. If investors know Eastside 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 Eastside Distilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Revenue Per Share 9.623 | Quarterly Revenue Growth (0.13) | Return On Assets (0.17) | Return On Equity (2.60) |
The market value of Eastside Distilling is measured differently than its book value, which is the value of Eastside that is recorded on the company's balance sheet. Investors also form their own opinion of Eastside Distilling's value that differs from its market value or its book value, called intrinsic value, which is Eastside Distilling'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 Eastside Distilling's market value can be influenced by many factors that don't directly affect Eastside Distilling'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 Eastside Distilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastside Distilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastside Distilling'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.