8x8 Financial Statements From 2010 to 2024

EGHT Stock  USD 2.70  0.04  1.46%   
8x8 Common financial statements provide useful quarterly and yearly information to potential 8x8 Common Stock investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on 8x8 Common financial statements helps investors assess 8x8 Common's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting 8x8 Common's valuation are summarized below:
Gross Profit
390.6 M
Profit Margin
(0.07)
Market Capitalization
338.2 M
Enterprise Value Revenue
0.9699
Revenue
733.8 M
There are currently one hundred twenty fundamental measures for 8x8 Common that can be evaluated and compared over time across peers in the sector. All traders should validate 8x8 Common's latest fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.
Check 8x8 Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 8x8 main balance sheet or income statement drivers, such as Depreciation And Amortization of 63.1 M, Interest Expense of 4.9 M or Total Revenue of 898.3 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.72, Price To Sales Ratio of 0.71 or Dividend Yield of 0.0097. 8x8 financial statements analysis is a perfect complement when working with 8x8 Common Valuation or Volatility modules.
  
This module can also supplement 8x8 Common's financial leverage analysis and stock options assessment as well as various 8x8 Common Technical models . Check out the analysis of 8x8 Common Correlation against competitors.

8x8 Common Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB967 M498.3 M
Slightly volatile
Other Current Liabilities89 M84.8 M38.9 M
Slightly volatile
Total Current Liabilities276.5 M263.3 M99.1 M
Slightly volatile
Total Stockholder Equity111.3 M114.9 M180.2 M
Very volatile
Property Plant And Equipment Net133.2 M126.9 M66.2 M
Slightly volatile
Accounts Payable55.4 M52.8 M25.8 M
Slightly volatile
Cash134.5 M128.1 M86.1 M
Slightly volatile
Non Current Assets Total686.7 M654 M290.2 M
Slightly volatile
Non Currrent Assets Other101.9 M97.1 M38 M
Slightly volatile
Cash And Short Term Investments84.6 M158.3 M136.4 M
Slightly volatile
Net Receivables75.2 M71.7 M29.1 M
Slightly volatile
Common Stock Shares Outstanding69.8 M133.4 M89.3 M
Slightly volatile
Liabilities And Stockholders EquityB967 M498.3 M
Slightly volatile
Other Current Assets40.7 M38.8 M17.8 M
Slightly volatile
Other Stockholder Equity1.1 BB559.3 M
Slightly volatile
Total Liabilities894.7 M852.1 M317.4 M
Slightly volatile
Property Plant And Equipment Gross133.2 M126.9 M66.2 M
Slightly volatile
Total Current Assets328.7 M313 M208.1 M
Slightly volatile
Current Deferred Revenue42.2 M40.1 M13.2 M
Slightly volatile
Common Stock Total Equity73.3 K132.2 K90.2 K
Slightly volatile
Short Term Investments44.4 M30.2 M56.5 M
Very volatile
Common Stock73.5 K132.2 K90.6 K
Slightly volatile
Short and Long Term Debt Total334.4 M654.2 M308.2 M
Slightly volatile
Other Assets114.1 M108.6 M62.2 M
Slightly volatile
Good Will322.2 M306.9 M115 M
Slightly volatile
Non Current Liabilities Total618.3 M588.8 M218.7 M
Slightly volatile
Intangible Assets129.3 M123.2 M42.9 M
Slightly volatile
Property Plant Equipment69.9 M66.6 M49.3 M
Slightly volatile
Short Term Debt89.9 M85.6 M21.6 M
Slightly volatile
Other Liabilities17.4 M16.6 M6.3 M
Slightly volatile
Capital Surpluse601.2 MB541.9 M
Slightly volatile
Non Current Liabilities Other13.9 MM10.3 M
Pretty Stable
Short and Long Term Debt76 M72.4 M35.6 M
Slightly volatile
Net Invested Capital523.8 M680.4 M372.8 M
Slightly volatile
Net Working Capital37 M38.9 M120.9 M
Slightly volatile
Long Term Debt Total347.5 M514.6 M286.7 M
Slightly volatile
Capital Stock119 K132.2 K104 K
Slightly volatile
Capital Lease Obligations72.2 M69.4 M92.5 M
Slightly volatile

8x8 Common Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization63.1 M60.1 M25.9 M
Slightly volatile
Total Revenue898.3 M855.5 M382 M
Slightly volatile
Gross Profit606.7 M577.8 M251.2 M
Slightly volatile
Other Operating Expenses978.4 M931.8 M436 M
Slightly volatile
Research Development176.6 M168.2 M64.9 M
Slightly volatile
Cost Of Revenue291.6 M277.7 M130.8 M
Slightly volatile
Total Operating Expenses686.8 M654.1 M305.2 M
Slightly volatile
Selling General Administrative133.6 M127.2 M60.8 M
Slightly volatile
Extraordinary Items623.2 K701.1 K763.4 K
Slightly volatile
Selling And Marketing Expenses376.6 M358.7 M181.8 M
Slightly volatile
Discontinued Operations256 K288 K313.6 K
Slightly volatile
Non Recurring7.6 M8.5 M9.3 M
Slightly volatile
Reconciled Depreciation41 M60.1 M29 M
Slightly volatile
Interest Income9.4 M18 M6.9 M
Slightly volatile

8x8 Common Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow121.6 M115.8 M81.4 M
Slightly volatile
Depreciation63.1 M60.1 M25.9 M
Slightly volatile
Other Non Cash Items50.8 M48.4 M23.4 M
Slightly volatile
Capital Expenditures10.5 M17.1 M17.8 M
Slightly volatile
End Period Cash Flow136.1 M129.6 M90 M
Slightly volatile
Stock Based Compensation108.1 M103 M49.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.710.753.7683
Slightly volatile
Dividend Yield0.00970.01020.0531
Pretty Stable
Operating Cycle75.610256.6528
Slightly volatile
Price Book Value Ratio5.064.366.3241
Slightly volatile
Days Of Payables Outstanding59.962.4173.944
Pretty Stable
Inventory Turnover5.355.6430.7518
Slightly volatile
Ebt Per Ebit1.081.221.0379
Pretty Stable
Payables Turnover5.876.055.1626
Pretty Stable
Company Equity Multiplier7.957.583.2725
Slightly volatile
Cash Per Share0.911.071.5032
Very volatile
Quick Ratio0.750.793.0933
Slightly volatile
Net Income Per E B T1.611.21.6782
Slightly volatile
Cash Ratio0.530.561.5191
Slightly volatile
Days Of Inventory Outstanding51.2467.0336.7589
Slightly volatile
Days Of Sales Outstanding26.2735.1622.9428
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.860.631.0954
Pretty Stable
Price To Book Ratio5.064.366.3241
Slightly volatile
Current Ratio1.021.073.4771
Slightly volatile
Fixed Asset Turnover7.377.7611.028
Slightly volatile
Price Sales Ratio0.710.753.7683
Slightly volatile
Receivables Turnover10.2110.7518.0582
Slightly volatile
Asset Turnover1.261.020.8182
Pretty Stable
Gross Profit Margin0.480.610.6538
Slightly volatile
Price Fair Value5.064.366.3241
Slightly volatile

8x8 Fundamental Market Drivers

Forward Price Earnings14.245
Cash And Short Term Investments137.6 M

8x8 Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
9th of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

About 8x8 Common Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include 8x8 Common income statement, its balance sheet, and the statement of cash flows. 8x8 Common investors use historical funamental indicators, such as 8x8 Common's revenue or net income, to determine how well the company is positioned to perform in the future. Although 8x8 Common investors may use each financial statement separately, they are all related. The changes in 8x8 Common's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 8x8 Common'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 8x8 Common Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 8x8 Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue40.1 M42.2 M
Total Revenue855.5 M898.3 M
Cost Of Revenue277.7 M291.6 M
Ebit Per Revenue(0.08)(0.08)

Pair Trading with 8x8 Common

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 8x8 Common 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 8x8 Common will appreciate offsetting losses from the drop in the long position's value.

Moving together with 8x8 Stock

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The ability to find closely correlated positions to 8x8 Common could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 8x8 Common 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 8x8 Common - 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 8x8 Common Stock to buy it.
The correlation of 8x8 Common 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 8x8 Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 8x8 Common Stock 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 8x8 Common 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 CorrelationCorrelation Matching
When determining whether 8x8 Common Stock 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 8x8 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 8x8 Common Stock Stock. Highlighted below are key reports to facilitate an investment decision about 8x8 Common Stock Stock:
Check out the analysis of 8x8 Common Correlation against competitors.
Note that the 8x8 Common Stock information on this page should be used as a complementary analysis to other 8x8 Common's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.
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Is 8x8 Common'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 8x8 Common. If investors know 8x8 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 8x8 Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.45)
Revenue Per Share
6.179
Quarterly Revenue Growth
0.174
Return On Assets
(0)
Return On Equity
(0.54)
The market value of 8x8 Common Stock is measured differently than its book value, which is the value of 8x8 that is recorded on the company's balance sheet. Investors also form their own opinion of 8x8 Common's value that differs from its market value or its book value, called intrinsic value, which is 8x8 Common'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 8x8 Common's market value can be influenced by many factors that don't directly affect 8x8 Common'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 8x8 Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if 8x8 Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 8x8 Common'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.