EGain Net Cash Flow from Investing vs Issuance Purchase of Equity Shares Analysis

EGAN Stock  USD 6.45  0.03  0.47%   
Trend analysis of EGain balance sheet accounts such as Other Assets of 5.4 M or Common Stock Shares Outstanding of 20.4 M provides information on EGain's total assets, liabilities, and equity, which is the actual value of EGain to its prevalent stockholders. By breaking down trends over time using EGain 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 EGain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.

About EGain Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of EGain at a specified time, usually calculated after every quarter, six months, or one year. EGain Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EGain 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 EGain currently owns. An asset can also be divided into two categories, current and non-current.

EGain Balance Sheet Chart

EGain 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 EGain uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, EGain's Accounts Payable is very stable compared to the past year. As of the 29th of March 2024, Cash is likely to grow to about 88.4 M, while Common Stock Shares Outstanding is likely to drop about 20.4 M.

Total Assets

Total assets refers to the total amount of EGain 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 EGain 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from EGain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EGain 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 EGain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.At this time, EGain's Selling General Administrative is very stable compared to the past year. As of the 29th of March 2024, Tax Provision is likely to grow to about 1.5 M, while Issuance Of Capital Stock is likely to drop about 1.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses69.6M69.3M79.7M45.9M
Cost Of Revenue24.5M27.3M31.4M17.5M

EGain fundamental ratios Correlations

0.940.670.560.590.91-0.470.780.990.37-0.93-0.310.160.990.260.370.990.99-0.4-0.27-0.080.370.99-0.21-0.68-0.4
0.940.750.40.40.73-0.670.670.910.45-0.98-0.090.00.970.220.230.970.93-0.18-0.54-0.070.450.96-0.14-0.51-0.18
0.670.75-0.12-0.110.45-0.690.190.64-0.05-0.750.30.010.740.250.080.740.630.25-0.5-0.32-0.050.71-0.1-0.180.25
0.560.4-0.120.980.720.030.830.620.36-0.46-0.840.510.480.010.770.480.56-0.870.150.050.360.51-0.1-0.88-0.87
0.590.4-0.110.980.770.070.80.640.36-0.45-0.90.510.5-0.060.740.50.59-0.930.210.090.360.54-0.1-0.92-0.93
0.910.730.450.720.77-0.140.860.940.26-0.75-0.590.350.850.320.550.850.89-0.640.1-0.090.260.87-0.27-0.83-0.64
-0.47-0.67-0.690.030.07-0.14-0.07-0.47-0.220.72-0.32-0.09-0.570.2-0.04-0.57-0.48-0.250.930.1-0.22-0.55-0.10.14-0.25
0.780.670.190.830.80.86-0.070.790.48-0.68-0.550.20.720.380.560.720.76-0.60.05-0.070.480.74-0.27-0.72-0.6
0.990.910.640.620.640.94-0.470.790.36-0.92-0.390.270.970.220.460.970.98-0.47-0.25-0.070.360.98-0.17-0.75-0.47
0.370.45-0.050.360.360.26-0.220.480.36-0.41-0.22-0.370.38-0.090.050.380.4-0.3-0.340.481.00.380.26-0.23-0.3
-0.93-0.98-0.75-0.46-0.45-0.750.72-0.68-0.92-0.410.14-0.13-0.96-0.18-0.37-0.96-0.910.230.550.14-0.41-0.950.140.590.23
-0.31-0.090.3-0.84-0.9-0.59-0.32-0.55-0.39-0.220.14-0.59-0.20.15-0.71-0.2-0.310.98-0.46-0.13-0.22-0.240.020.850.98
0.160.00.010.510.510.35-0.090.20.27-0.37-0.13-0.590.1-0.210.660.10.18-0.540.13-0.07-0.370.130.03-0.64-0.54
0.990.970.740.480.50.85-0.570.720.970.38-0.96-0.20.10.210.331.00.97-0.3-0.39-0.120.381.0-0.19-0.62-0.3
0.260.220.250.01-0.060.320.20.380.22-0.09-0.180.15-0.210.21-0.10.210.20.210.29-0.32-0.090.21-0.530.090.21
0.370.230.080.770.740.55-0.040.560.460.05-0.37-0.710.660.33-0.10.330.32-0.690.13-0.110.050.340.11-0.8-0.69
0.990.970.740.480.50.85-0.570.720.970.38-0.96-0.20.11.00.210.330.97-0.3-0.39-0.120.381.0-0.19-0.62-0.3
0.990.930.630.560.590.89-0.480.760.980.4-0.91-0.310.180.970.20.320.97-0.41-0.30.010.40.99-0.15-0.67-0.41
-0.4-0.180.25-0.87-0.93-0.64-0.25-0.6-0.47-0.30.230.98-0.54-0.30.21-0.69-0.3-0.41-0.37-0.2-0.3-0.34-0.030.871.0
-0.27-0.54-0.50.150.210.10.930.05-0.25-0.340.55-0.460.13-0.390.290.13-0.39-0.3-0.37-0.08-0.34-0.36-0.27-0.09-0.37
-0.08-0.07-0.320.050.09-0.090.1-0.07-0.070.480.14-0.13-0.07-0.12-0.32-0.11-0.120.01-0.2-0.080.48-0.080.730.09-0.2
0.370.45-0.050.360.360.26-0.220.480.361.0-0.41-0.22-0.370.38-0.090.050.380.4-0.3-0.340.480.380.26-0.23-0.3
0.990.960.710.510.540.87-0.550.740.980.38-0.95-0.240.131.00.210.341.00.99-0.34-0.36-0.080.38-0.18-0.64-0.34
-0.21-0.14-0.1-0.1-0.1-0.27-0.1-0.27-0.170.260.140.020.03-0.19-0.530.11-0.19-0.15-0.03-0.270.730.26-0.180.12-0.03
-0.68-0.51-0.18-0.88-0.92-0.830.14-0.72-0.75-0.230.590.85-0.64-0.620.09-0.8-0.62-0.670.87-0.090.09-0.23-0.640.120.87
-0.4-0.180.25-0.87-0.93-0.64-0.25-0.6-0.47-0.30.230.98-0.54-0.30.21-0.69-0.3-0.411.0-0.37-0.2-0.3-0.34-0.030.87
Click cells to compare fundamentals

EGain Account Relationship Matchups

EGain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.7M114.6M126.0M130.1M149.6M157.1M
Total Stockholder Equity34.6M46.1M56.9M61.7M55.5M58.3M
Other Assets3.3M3.8M4.0M3.7M3.3M5.4M
Common Stock Shares Outstanding32.0M32.6M31.6M32.8M37.7M20.4M
Liabilities And Stockholders Equity93.7M114.6M126.0M130.1M149.6M157.1M
Other Stockholder Equity374.3M378.4M393.1M395.2M454.5M322.5M
Total Liab59.1M68.5M69.2M68.4M78.7M82.6M
Other Current Liab11.3M12.8M13.6M13.1M15.0M8.5M
Total Current Liabilities52.2M63.5M62.0M63.7M73.3M76.9M
Property Plant And Equipment Net3.7M2.9M4.7M3.4M3.1M2.3M
Net Debt(43.5M)(61.0M)(68.6M)(70.6M)(63.5M)(60.4M)
Retained Earnings(338.1M)(331.1M)(333.6M)(331.4M)(298.3M)(313.2M)
Accounts Payable2.4M3.1M1.7M2.0M2.4M2.4M
Cash46.6M63.2M72.2M73.2M84.2M88.4M
Non Current Assets Total20.2M19.9M21.9M20.3M18.3M17.1M
Non Currrent Assets Other2.3M2.2M2.6M1.9M2.1M1.5M
Cash And Short Term Investments46.6M63.2M72.2M73.2M84.2M88.4M
Net Receivables22.7M26.3M27.0M31.6M36.3M38.1M
Non Current Liabilities Total6.9M5.0M7.1M4.7M5.4M9.8M
Other Current Assets617K778K895K1.3M1.1M1.4M
Property Plant And Equipment Gross3.7M2.9M4.7M3.4M3.1M2.3M
Total Current Assets73.5M94.7M104.1M109.8M126.3M132.6M
Accumulated Other Comprehensive Income(1.6M)(1.2M)(2.7M)(2.1M)(2.4M)(2.6M)
Other Liab5.5M4.2M4.6M2.9M3.4M2.9M
Property Plant Equipment3.7M2.9M831K3.4M3.1M2.2M
Current Deferred Revenue36.6M46.2M45.6M47.8M54.9M57.7M
Net Tangible Assets21.4M32.9M43.7M48.5M55.8M58.6M
Retained Earnings Total Equity(345.3M)(338.1M)(331.1M)(333.6M)(300.2M)(315.2M)
Capital Surpluse371.1M374.4M378.5M393.2M452.1M387.7M
Inventory3.6M4.4M4.1M3.8M4.4M2.5M
Deferred Long Term Liab2.4M2.6M3.1M2.3M2.7M3.2M
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 EGain 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, EGain's short interest history, or implied volatility extrapolated from EGain options trading.

Pair Trading with EGain

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

Moving together with EGain Stock

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The ability to find closely correlated positions to EGain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EGain 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 EGain - 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 EGain to buy it.
The correlation of EGain 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 EGain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EGain 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 EGain 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 EGain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EGain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Egain Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Egain Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EGain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.
Note that the EGain information on this page should be used as a complementary analysis to other EGain'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for EGain Stock analysis

When running EGain's price analysis, check to measure EGain'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 EGain is operating at the current time. Most of EGain's value examination focuses on studying past and present price action to predict the probability of EGain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EGain's price. Additionally, you may evaluate how the addition of EGain to your portfolios can decrease your overall portfolio volatility.
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Is EGain'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 EGain. If investors know EGain 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 EGain 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
(0.71)
Earnings Share
0.21
Revenue Per Share
3.023
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0287
The market value of EGain is measured differently than its book value, which is the value of EGain that is recorded on the company's balance sheet. Investors also form their own opinion of EGain's value that differs from its market value or its book value, called intrinsic value, which is EGain'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 EGain's market value can be influenced by many factors that don't directly affect EGain'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 EGain's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGain'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.