EJH Minority Interest vs Tax Provision Analysis

EJH Stock  USD 0.70  0.33  32.04%   
E Home financial indicator trend analysis is much more than just examining E Home Household latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether E Home Household is a good investment. Please check the relationship between E Home Minority Interest and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E Home Household Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Minority Interest vs Tax Provision

Minority Interest vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E Home Household Minority Interest account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between E Home's Minority Interest and Tax Provision is -0.92. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Tax Provision in the same time period over historical financial statements of E Home Household Service, assuming nothing else is changed. The correlation between historical values of E Home's Minority Interest and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of E Home Household Service are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Minority Interest i.e., E Home's Minority Interest and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of E Home Household Service whose combined shares represent less than 50% of the total outstanding shares issued by E Home have a minority interest in E Home.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from E Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into E Home Household 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 E Home Household Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
As of now, E Home's Selling General Administrative is increasing as compared to previous years. The E Home's current Issuance Of Capital Stock is estimated to increase to about 112.3 M, while Tax Provision is projected to decrease to under 244.8 K.
 2021 2022 2023 2024 (projected)
Gross Profit19.4M18.6M21.3M20.9M
Total Revenue63.8M68.3M78.6M60.6M

E Home fundamental ratios Correlations

0.891.01.00.810.97-0.93-0.280.860.980.970.060.980.890.93-0.80.410.970.870.970.640.940.780.720.74-0.93
0.890.910.90.510.96-0.7-0.650.630.790.96-0.230.790.970.87-0.530.270.960.710.790.320.980.540.680.72-0.75
1.00.911.00.80.97-0.92-0.30.850.980.970.030.980.890.93-0.790.390.980.860.970.60.940.760.730.75-0.93
1.00.91.00.810.97-0.93-0.290.850.980.970.060.980.90.94-0.790.40.980.870.970.650.940.770.710.73-0.93
0.810.510.80.810.67-0.950.230.950.890.680.30.890.50.69-0.890.430.680.930.890.770.590.90.710.7-0.93
0.970.960.970.970.67-0.83-0.470.760.91.0-0.030.90.970.93-0.670.390.990.810.890.540.990.690.690.73-0.84
-0.93-0.7-0.92-0.93-0.95-0.83-0.01-0.93-0.98-0.83-0.19-0.98-0.68-0.850.89-0.39-0.84-0.91-0.98-0.74-0.77-0.84-0.7-0.70.98
-0.28-0.65-0.3-0.290.23-0.47-0.010.12-0.09-0.450.67-0.09-0.65-0.38-0.280.2-0.48-0.06-0.090.24-0.570.19-0.25-0.330.09
0.860.630.850.850.950.76-0.930.120.910.770.310.910.60.76-0.910.430.750.940.90.650.690.920.670.68-0.91
0.980.790.980.980.890.9-0.98-0.090.910.90.151.00.780.89-0.870.420.910.891.00.70.850.830.720.72-0.97
0.970.960.970.970.681.0-0.83-0.450.770.90.00.90.970.93-0.690.420.990.810.90.550.990.70.690.72-0.84
0.06-0.230.030.060.3-0.03-0.190.670.310.150.00.15-0.150.0-0.530.63-0.090.150.120.51-0.110.36-0.19-0.22-0.04
0.980.790.980.980.890.9-0.98-0.090.911.00.90.150.780.89-0.870.420.910.891.00.70.850.830.720.72-0.97
0.890.970.890.90.50.97-0.68-0.650.60.780.97-0.150.780.89-0.490.310.960.690.770.430.990.530.610.66-0.71
0.930.870.930.940.690.93-0.85-0.380.760.890.930.00.890.89-0.650.160.940.730.890.610.930.580.50.54-0.86
-0.8-0.53-0.79-0.79-0.89-0.670.89-0.28-0.91-0.87-0.69-0.53-0.87-0.49-0.65-0.63-0.66-0.83-0.86-0.69-0.59-0.86-0.59-0.560.82
0.410.270.390.40.430.39-0.390.20.430.420.420.630.420.310.16-0.630.330.510.390.530.330.630.490.46-0.31
0.970.960.980.980.680.99-0.84-0.480.750.910.99-0.090.910.960.94-0.660.330.810.910.540.990.660.710.74-0.87
0.870.710.860.870.930.81-0.91-0.060.940.890.810.150.890.690.73-0.830.510.810.890.650.750.930.860.87-0.92
0.970.790.970.970.890.89-0.98-0.090.91.00.90.121.00.770.89-0.860.390.910.890.70.850.810.720.72-0.97
0.640.320.60.650.770.54-0.740.240.650.70.550.510.70.430.61-0.690.530.540.650.70.490.640.380.39-0.69
0.940.980.940.940.590.99-0.77-0.570.690.850.99-0.110.850.990.93-0.590.330.990.750.850.490.60.660.7-0.8
0.780.540.760.770.90.69-0.840.190.920.830.70.360.830.530.58-0.860.630.660.930.810.640.60.740.73-0.8
0.720.680.730.710.710.69-0.7-0.250.670.720.69-0.190.720.610.5-0.590.490.710.860.720.380.660.740.99-0.77
0.740.720.750.730.70.73-0.7-0.330.680.720.72-0.220.720.660.54-0.560.460.740.870.720.390.70.730.99-0.78
-0.93-0.75-0.93-0.93-0.93-0.840.980.09-0.91-0.97-0.84-0.04-0.97-0.71-0.860.82-0.31-0.87-0.92-0.97-0.69-0.8-0.8-0.77-0.78
Click cells to compare fundamentals

E Home Account Relationship Matchups

E Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.9M74.4M80.5M158.3M182.0M191.1M
Other Current Liab351.5K702.1K1.6M5.2M5.9M6.2M
Total Current Liabilities4.6M7.5M8.2M12.8M14.8M15.5M
Total Stockholder Equity32.8M64.3M64.5M136.9M157.5M165.3M
Net Tangible Assets28.2M32.7M64.3M64.5M74.2M39.7M
Property Plant And Equipment Net9.2M7.8M12.1M72.3M83.1M87.2M
Net Debt(21.2M)(49.7M)(46.2M)(63.7M)(57.4M)(54.5M)
Retained Earnings30.4M36.8M31.4M(3.6M)(4.2M)(4.0M)
Accounts Payable2.6M3.7M3.5M3.8M4.4M3.4M
Cash25.0M52.4M54.8M71.3M81.9M86.0M
Non Current Assets Total12.2M8.6M13.5M74.2M85.4M89.6M
Other Assets3.9M4.8M2.6M814.8K937.0K890.2K
Cash And Short Term Investments25.0M52.4M54.8M71.3M81.9M86.0M
Net Receivables1.8M826.7K877.9K6.7M7.7M8.1M
Liabilities And Stockholders Equity40.9M74.4M80.5M158.3M182.0M191.1M
Inventory741.7K246.8K11.1K34.3K30.9K29.3K
Other Current Assets1.2M30.0743.4K601.7K691.9K581.6K
Other Stockholder Equity3.7M25.5M33.5M146.5M168.4M176.9M
Total Liab8.2M10.1M16.0M20.4M23.5M11.9M
Total Current Assets28.7M65.8M67.0M84.0M96.6M101.5M
Accumulated Other Comprehensive Income(1.3M)2.0M(281.0K)(6.4M)(5.8M)(5.5M)
Intangible Assets43.0K36.0K24.0K31.3K36.0K27.0K
Property Plant Equipment8.0M7.4M5.9M11.8M13.5M7.5M
Short Long Term Debt Total3.8M2.7M8.6M7.5M8.6M5.6M
Non Current Liabilities Total3.6M2.6M7.8M7.6M8.8M5.3M
Capital Lease Obligations3.8M2.7M2.7M2.3M2.1M2.6M
Net Invested Capital32.8M64.3M70.5M142.2M163.5M171.7M
Net Working Capital24.1M58.3M58.8M71.2M81.9M45.3M
Short Term Debt250.4K146.2K838.5K1.7M2.0M2.1M
Current Deferred Revenue1.4M3.0M2.3M2.1M2.4M1.9M

Currently Active Assets on Macroaxis

When determining whether E Home Household offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of E Home'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 E Home Household Service Stock. Outlined below are crucial reports that will aid in making a well-informed decision on E Home Household Service Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E Home Household Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running E Home's price analysis, check to measure E Home'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 E Home is operating at the current time. Most of E Home's value examination focuses on studying past and present price action to predict the probability of E Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E Home's price. Additionally, you may evaluate how the addition of E Home to your portfolios can decrease your overall portfolio volatility.
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Is E Home'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 E Home. If investors know EJH 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 E Home 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
0.328
Earnings Share
-15.5 K
Revenue Per Share
36.527
Quarterly Revenue Growth
(0.31)
Return On Assets
(0.16)
The market value of E Home Household is measured differently than its book value, which is the value of EJH that is recorded on the company's balance sheet. Investors also form their own opinion of E Home's value that differs from its market value or its book value, called intrinsic value, which is E Home'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 E Home's market value can be influenced by many factors that don't directly affect E Home'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 E Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if E Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Home'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.