Eastside Net Loss Income from Discontinued Operations vs Net Income to Non Controlling Interests Analysis

EAST Stock  USD 0.94  0.04  4.08%   
Trend analysis of Eastside Distilling balance sheet accounts such as Other Current Liabilities of 2.1 M or Total Current Liabilities of 15.7 M provides information on Eastside Distilling's total assets, liabilities, and equity, which is the actual value of Eastside Distilling to its prevalent stockholders. By breaking down trends over time using Eastside Distilling balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.

About Eastside Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Eastside Distilling at a specified time, usually calculated after every quarter, six months, or one year. Eastside Distilling Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eastside Distilling and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Eastside currently owns. An asset can also be divided into two categories, current and non-current.

Eastside Distilling Balance Sheet Chart

Eastside Distilling Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Eastside Distilling uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Eastside Distilling's Total Liabilities is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 7.7 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (1.7 M).

Total Assets

Total assets refers to the total amount of Eastside Distilling assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Eastside Distilling books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Eastside Distilling balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eastside Distilling are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Eastside Distilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastside Distilling 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 Eastside Distilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.At this time, Eastside Distilling's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.9M2.4M1.0M1.9M
Total Revenue12.4M13.9M10.8M6.8M

Eastside Distilling fundamental ratios Correlations

0.720.450.670.490.590.59-0.820.870.380.380.95-0.470.270.650.810.860.870.68-0.420.910.720.78-0.180.810.75
0.720.350.770.00.90.96-0.970.60.050.050.73-0.380.810.580.970.890.470.95-0.240.80.520.71-0.220.540.92
0.450.350.86-0.210.590.36-0.410.34-0.08-0.080.19-0.180.070.130.320.590.290.59-0.180.50.280.02-0.630.810.05
0.670.770.86-0.190.880.77-0.790.55-0.07-0.070.49-0.30.50.360.730.880.420.91-0.220.750.460.39-0.570.830.51
0.490.0-0.21-0.19-0.18-0.25-0.070.360.860.860.58-0.27-0.350.560.180.010.77-0.12-0.340.150.080.270.570.120.27
0.590.90.590.88-0.180.89-0.860.39-0.06-0.060.52-0.210.70.520.830.810.310.96-0.10.710.370.41-0.380.580.68
0.590.960.360.77-0.250.89-0.910.49-0.24-0.240.58-0.290.820.450.880.870.230.92-0.150.790.570.67-0.430.50.82
-0.82-0.97-0.41-0.79-0.07-0.86-0.91-0.73-0.11-0.11-0.80.43-0.74-0.57-0.98-0.92-0.57-0.930.29-0.87-0.59-0.750.23-0.63-0.91
0.870.60.340.550.360.390.49-0.730.330.330.83-0.340.320.340.720.780.780.54-0.260.770.70.79-0.120.730.69
0.380.05-0.08-0.070.86-0.06-0.24-0.110.331.00.44-0.25-0.120.360.23-0.010.770.01-0.28-0.01-0.210.070.750.090.26
0.380.05-0.08-0.070.86-0.06-0.24-0.110.331.00.44-0.25-0.120.360.23-0.010.770.01-0.28-0.01-0.210.070.750.090.26
0.950.730.190.490.580.520.58-0.80.830.440.44-0.440.330.710.830.770.840.61-0.370.850.690.840.00.620.84
-0.47-0.38-0.18-0.3-0.27-0.21-0.290.43-0.34-0.25-0.25-0.44-0.2-0.3-0.44-0.39-0.45-0.340.97-0.4-0.18-0.37-0.03-0.29-0.43
0.270.810.070.5-0.350.70.82-0.740.32-0.12-0.120.33-0.20.10.750.590.080.75-0.030.40.210.49-0.030.150.75
0.650.580.130.360.560.520.45-0.570.340.360.360.71-0.30.10.60.450.570.5-0.290.590.290.40.020.280.59
0.810.970.320.730.180.830.88-0.980.720.230.230.83-0.440.750.60.890.640.91-0.320.810.540.77-0.090.580.96
0.860.890.590.880.010.810.87-0.920.78-0.01-0.010.77-0.390.590.450.890.580.89-0.30.930.760.78-0.470.840.79
0.870.470.290.420.770.310.23-0.570.780.770.770.84-0.450.080.570.640.580.43-0.450.590.40.580.240.640.61
0.680.950.590.91-0.120.960.92-0.930.540.010.010.61-0.340.750.50.910.890.43-0.210.770.430.54-0.340.640.78
-0.42-0.24-0.18-0.22-0.34-0.1-0.150.29-0.26-0.28-0.28-0.370.97-0.03-0.29-0.32-0.3-0.45-0.21-0.31-0.13-0.3-0.03-0.27-0.31
0.910.80.50.750.150.710.79-0.870.77-0.01-0.010.85-0.40.40.590.810.930.590.77-0.310.850.81-0.490.80.74
0.720.520.280.460.080.370.57-0.590.7-0.21-0.210.69-0.180.210.290.540.760.40.43-0.130.850.86-0.560.710.54
0.780.710.020.390.270.410.67-0.750.790.070.070.84-0.370.490.40.770.780.580.54-0.30.810.86-0.170.550.85
-0.18-0.22-0.63-0.570.57-0.38-0.430.23-0.120.750.750.0-0.03-0.030.02-0.09-0.470.24-0.34-0.03-0.49-0.56-0.17-0.550.06
0.810.540.810.830.120.580.5-0.630.730.090.090.62-0.290.150.280.580.840.640.64-0.270.80.710.55-0.550.41
0.750.920.050.510.270.680.82-0.910.690.260.260.84-0.430.750.590.960.790.610.78-0.310.740.540.850.060.41
Click cells to compare fundamentals

Eastside Distilling Account Relationship Matchups

Eastside Distilling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.9M31.7M33.6M21.5M24.7M15.0M
Short Long Term Debt Total9.2M13.3M18.1M19.0M21.9M23.0M
Other Current Liab896.1K17.6M833K2.2M2.6M2.1M
Total Current Liabilities6.1M30.3M9.5M13.0M15.0M15.7M
Total Stockholder Equity7.3M(1.1M)13.4M(1.5M)(1.7M)(1.7M)
Current Deferred Revenue1.7K1.7K23K18K20.7K21.7K
Net Debt8.9M12.4M14.8M18.3M21.0M22.1M
Retained Earnings(44.2M)(54.1M)(58.6M)(75.0M)(67.5M)(64.1M)
Accounts Payable2.9M1.9M1.3M1.7M2.0M1.2M
Cash343.3K836K3.3M723K831.5K789.9K
Cash And Short Term Investments343.3K836K3.3M723K831.5K789.9K
Net Receivables1.3M694K1.4M876K1.0M634.8K
Common Stock Total Equity489.0876.0967.01K900.01.5K
Common Stock Shares Outstanding463.8K501.4K635.4K15.3M17.6M18.5M
Liabilities And Stockholders Equity35.9M31.7M33.6M21.5M24.7M15.0M
Other Current Assets407.5K750K2.9M579K665.9K720.8K
Other Stockholder Equity51.6M53.0M72.0M73.5M84.5M88.8M
Total Liab28.5M32.8M20.2M23.0M26.4M27.8M
Total Current Assets14.5M12.8M14.1M6.6M7.6M7.7M
Common Stock876.0967.01K2K1.8K1.5K
Non Current Assets Total21.4M18.9M19.5M14.9M17.1M8.7M
Non Currrent Assets Other1.2M474K457K369K424.4K304.3K
Non Current Liabilities Total22.4M2.6M10.7M10.0M11.5M12.1M
Net Tangible Assets18.4M(7.4M)(15.1M)(225K)(202.5K)(192.4K)
Other Assets496.3K1.2M1.7M457K525.6K509.6K
Long Term Debt6.6M1.7M8.2M7.8M9.0M9.5M
Capital Surpluse23.2M45.9M51.6M53.0M60.9M64.0M
Inventory12.4M6.7M6.5M4.4M5.1M5.2M
Deferred Long Term Liab467.0K672.9K228K171K196.7K223.0K
Intangible Assets14.7M14.0M13.8M5.9M6.8M5.5M
Property Plant Equipment1.8M5.5M4.4M5.4M6.2M6.5M
Property Plant And Equipment Net5.5M4.4M5.4M8.7M10.0M10.5M
Long Term Debt Total2.2M5.2M6.6M1.7M1.9M2.5M
Property Plant And Equipment Gross5.5M3.1M5.4M8.7M10.0M10.5M
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.
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.
Pair CorrelationCorrelation Matching
When determining whether Eastside Distilling 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 Eastside 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 Eastside Distilling Stock. Highlighted below are key reports to facilitate an investment decision about Eastside Distilling Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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
(18.58)
Revenue Per Share
12.103
Quarterly Revenue Growth
0.002
Return On Assets
(0.14)
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.