Eastern Capital Expenditures vs Free Cash Flow Analysis

EML Stock

USD 31.90 0.11 0.35%

Eastern financial indicator trend analysis is much more than just examining Eastern latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern is a good investment. Please check the relationship between Eastern Capital Expenditures and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.

The correlation between Eastern's Capital Expenditures and Free Cash Flow is 0.34. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Eastern Co, assuming nothing else is changed. The correlation between historical values of Eastern's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Eastern Co are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Eastern's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Eastern to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Eastern operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern 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 Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, Eastern's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 1.5 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.03.

	2021	2022	2023	2024 (projected)
Interest Expense	1.7M	2.3M	3.5M	3.7M
Depreciation And Amortization	7.2M	7.2M	7.5M	4.2M

Interest Expense Depreciation And Amortization

Eastern fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.94	0.2	0.94	0.9	0.83	0.91	0.91	-0.14	0.99	-0.4	-0.13	0.97	-0.33	0.94	0.95	0.65	-0.63	0.97	0.79	0.8	0.85	0.68	0.95	0.57	0.55
Short Long Term Debt Total	0.94		0.28	0.85	0.71	0.87	0.99	0.71	-0.23	0.97	-0.25	-0.22	0.9	-0.11	0.98	0.8	0.6	-0.39	0.98	0.74	0.72	0.82	0.8	0.86	0.37	0.36
Other Current Liab	0.2	0.28		0.09	0.17	0.39	0.28	0.14	-0.14	0.28	-0.41	-0.12	0.11	0.32	0.22	0.03	0.11	0.02	0.2	0.6	0.03	0.16	0.23	0.11	0.08	-0.02
Total Current Liabilities	0.94	0.85	0.09		0.89	0.66	0.86	0.87	-0.34	0.91	-0.45	-0.33	0.98	-0.34	0.81	0.95	0.71	-0.52	0.89	0.72	0.75	0.94	0.46	0.99	0.49	0.46
Total Stockholder Equity	0.9	0.71	0.17	0.89		0.63	0.69	0.99	-0.09	0.85	-0.6	-0.08	0.9	-0.5	0.71	0.95	0.62	-0.75	0.78	0.76	0.71	0.76	0.42	0.9	0.65	0.62
Property Plant And Equipment Net	0.83	0.87	0.39	0.66	0.63		0.82	0.67	0.05	0.86	-0.13	0.07	0.75	-0.03	0.91	0.69	0.59	-0.52	0.88	0.68	0.82	0.63	0.77	0.69	0.65	0.63
Net Debt	0.91	0.99	0.28	0.86	0.69	0.82		0.68	-0.37	0.96	-0.29	-0.36	0.9	-0.1	0.95	0.78	0.61	-0.31	0.96	0.74	0.67	0.84	0.76	0.88	0.3	0.29
Retained Earnings	0.91	0.71	0.14	0.87	0.99	0.67	0.68		-0.01	0.85	-0.53	0.0	0.9	-0.51	0.73	0.96	0.61	-0.8	0.8	0.75	0.75	0.74	0.44	0.89	0.7	0.68
Cash	-0.14	-0.23	-0.14	-0.34	-0.09	0.05	-0.37	-0.01		-0.21	0.37	1.0	-0.26	-0.08	-0.08	-0.12	-0.3	-0.47	-0.15	-0.16	0.12	-0.35	0.03	-0.36	0.33	0.4
Non Current Assets Total	0.99	0.97	0.28	0.91	0.85	0.86	0.96	0.85	-0.21		-0.41	-0.2	0.95	-0.25	0.96	0.89	0.62	-0.53	0.98	0.83	0.74	0.84	0.72	0.93	0.48	0.46
Non Currrent Assets Other	-0.4	-0.25	-0.41	-0.45	-0.6	-0.13	-0.29	-0.53	0.37	-0.41		0.34	-0.37	0.29	-0.18	-0.42	-0.17	0.22	-0.26	-0.65	0.0	-0.3	-0.04	-0.45	-0.12	0.01
Cash And Short Term Investments	-0.13	-0.22	-0.12	-0.33	-0.08	0.07	-0.36	0.0	1.0	-0.2	0.34		-0.25	-0.08	-0.07	-0.11	-0.29	-0.48	-0.15	-0.15	0.13	-0.35	0.03	-0.35	0.35	0.42
Net Receivables	0.97	0.9	0.11	0.98	0.9	0.75	0.9	0.9	-0.26	0.95	-0.37	-0.25		-0.37	0.88	0.96	0.73	-0.57	0.94	0.71	0.81	0.9	0.59	0.99	0.55	0.54
Common Stock Shares Outstanding	-0.33	-0.11	0.32	-0.34	-0.5	-0.03	-0.1	-0.51	-0.08	-0.25	0.29	-0.08	-0.37		-0.17	-0.49	-0.02	0.47	-0.22	-0.25	-0.21	-0.08	-0.04	-0.37	-0.24	-0.27
Non Current Liabilities Total	0.94	0.98	0.22	0.81	0.71	0.91	0.95	0.73	-0.08	0.96	-0.18	-0.07	0.88	-0.17		0.8	0.55	-0.49	0.99	0.72	0.76	0.76	0.83	0.83	0.45	0.46
Inventory	0.95	0.8	0.03	0.95	0.95	0.69	0.78	0.96	-0.12	0.89	-0.42	-0.11	0.96	-0.49	0.8		0.66	-0.71	0.87	0.69	0.82	0.83	0.51	0.96	0.64	0.63
Other Current Assets	0.65	0.6	0.11	0.71	0.62	0.59	0.61	0.61	-0.3	0.62	-0.17	-0.29	0.73	-0.02	0.55	0.66		-0.34	0.62	0.37	0.73	0.76	0.32	0.71	0.67	0.65
Other Stockholder Equity	-0.63	-0.39	0.02	-0.52	-0.75	-0.52	-0.31	-0.8	-0.47	-0.53	0.22	-0.48	-0.57	0.47	-0.49	-0.71	-0.34		-0.52	-0.44	-0.69	-0.37	-0.27	-0.54	-0.76	-0.78
Total Liab	0.97	0.98	0.2	0.89	0.78	0.88	0.96	0.8	-0.15	0.98	-0.26	-0.15	0.94	-0.22	0.99	0.87	0.62	-0.52		0.75	0.79	0.83	0.76	0.9	0.48	0.48
Property Plant And Equipment Gross	0.79	0.74	0.6	0.72	0.76	0.68	0.74	0.75	-0.16	0.83	-0.65	-0.15	0.71	-0.25	0.72	0.69	0.37	-0.44	0.75		0.43	0.67	0.44	0.72	0.35	0.29
Total Current Assets	0.8	0.72	0.03	0.75	0.71	0.82	0.67	0.75	0.12	0.74	0.0	0.13	0.81	-0.21	0.76	0.82	0.73	-0.69	0.79	0.43		0.7	0.53	0.75	0.84	0.85
Short Term Debt	0.85	0.82	0.16	0.94	0.76	0.63	0.84	0.74	-0.35	0.84	-0.3	-0.35	0.9	-0.08	0.76	0.83	0.76	-0.37	0.83	0.67	0.7		0.39	0.91	0.43	0.42
Intangible Assets	0.68	0.8	0.23	0.46	0.42	0.77	0.76	0.44	0.03	0.72	-0.04	0.03	0.59	-0.04	0.83	0.51	0.32	-0.27	0.76	0.44	0.53	0.39		0.49	0.24	0.25
Accounts Payable	0.95	0.86	0.11	0.99	0.9	0.69	0.88	0.89	-0.36	0.93	-0.45	-0.35	0.99	-0.37	0.83	0.96	0.71	-0.54	0.9	0.72	0.75	0.91	0.49		0.5	0.48
Common Stock Total Equity	0.57	0.37	0.08	0.49	0.65	0.65	0.3	0.7	0.33	0.48	-0.12	0.35	0.55	-0.24	0.45	0.64	0.67	-0.76	0.48	0.35	0.84	0.43	0.24	0.5		0.98
Common Stock	0.55	0.36	-0.02	0.46	0.62	0.63	0.29	0.68	0.4	0.46	0.01	0.42	0.54	-0.27	0.46	0.63	0.65	-0.78	0.48	0.29	0.85	0.42	0.25	0.48	0.98

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Eastern Account Relationship Matchups

Eastern fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	280.7M	275.5M	266.3M	261.5M	252.0M	264.6M
Short Long Term Debt Total	111.1M	101.5M	82.6M	76.4M	62.1M	65.2M
Other Current Liab	6.8M	7.8M	581.0K	7.3M	9.9M	5.0M
Total Current Liabilities	31.9M	40.7M	49.6M	47.0M	42.7M	44.9M
Total Stockholder Equity	105.4M	104.3M	114.6M	126.6M	132.5M	139.1M
Property Plant And Equipment Net	54.4M	52.7M	39.4M	38.3M	45.5M	26.2M
Net Debt	93.1M	85.4M	76.4M	66.2M	53.8M	56.5M
Retained Earnings	120.2M	122.8M	129.4M	139.0M	144.8M	152.0M
Cash	18.0M	16.1M	6.2M	10.2M	8.3M	9.2M
Non Current Assets Total	165.7M	163.8M	142.7M	136.2M	139.8M	146.8M
Non Currrent Assets Other	(5.3B)	1.7M	2.7M	2.3M	(986.5B)	(937.2B)
Cash And Short Term Investments	18.0M	16.1M	6.2M	10.2M	9.3M	9.2M
Net Receivables	37.9M	38.1M	44.2M	43.9M	37.6M	39.5M
Common Stock Shares Outstanding	6.3M	6.3M	6.3M	6.2M	6.3M	4.9M
Liabilities And Stockholders Equity	280.7M	275.5M	266.3M	261.5M	252.0M	264.6M
Non Current Liabilities Total	143.3M	130.6M	102.2M	87.9M	76.8M	80.7M
Inventory	54.6M	53.1M	62.9M	64.6M	59.3M	62.2M
Other Current Assets	4.3M	4.3M	6.9M	6.6M	6.0M	3.1M
Total Liab	175.2M	171.2M	151.7M	134.9M	119.6M	125.5M
Property Plant And Equipment Gross	54.4M	88.2M	28.3M	56.1M	77.5M	81.4M
Total Current Assets	114.9M	111.7M	123.7M	125.3M	112.2M	59.8M
Accumulated Other Comprehensive Income	(25.2M)	(29.5M)	(26.5M)	(23.4M)	(23.0M)	(21.8M)
Short Term Debt	5.2M	9.4M	10.2M	12.1M	7.5M	7.9M
Intangible Assets	111.4M	32.5M	28.3M	24.3M	20.8M	21.9M
Accounts Payable	20.0M	23.5M	29.6M	27.6M	25.3M	26.6M
Common Stock Total Equity	30.7M	31.5M	32.6M	33.6M	38.6M	22.0M
Common Stock	30.7M	31.5M	32.6M	33.6M	34.0M	21.9M
Other Liab	37.4M	38.4M	29.7M	23.6M	27.1M	20.2M
Long Term Debt	93.6M	82.3M	63.8M	55.1M	41.1M	26.3M
Good Will	79.5M	76.9M	72.2M	70.8M	70.8M	74.3M
Property Plant Equipment	42.0M	52.7M	28.3M	26.1M	30.0M	30.6M
Current Deferred Revenue	7.3M	5.3B	2.9M	9.2M	8.3M	7.9M
Net Tangible Assets	117.8M	(5.1M)	114.6M	126.6M	145.6M	91.4M
Retained Earnings Total Equity	120.2M	122.8M	(129.4M)	139.0M	125.1M	64.6M

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Additional Information and Resources on Investing in Eastern Stock

When determining whether Eastern is a strong investment it is important to analyze Eastern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:

How To Invest In Eastern

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Is Eastern Stock a good investment?

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What is Eastern's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Is Industrial Machinery & Supplies & Components space 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 Eastern. If investors know Eastern 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 Eastern 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

1.545

Dividend Share

0.44

Earnings Share

1.92

Revenue Per Share

43.928

Quarterly Revenue Growth

0.07

The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern'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 Eastern's market value can be influenced by many factors that don't directly affect Eastern'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 Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern'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.

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Eastern Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Eastern fundamental ratios Correlations

Eastern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastern fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Eastern Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Net Receivables

Other Stockholder Equity	- 0.8	Retained Earnings
Common Stock	- 0.78	Other Stockholder Equity
Common Stock Total Equity	- 0.76	Other Stockholder Equity
Other Stockholder Equity	- 0.75	Total Stockholder Equity
Other Stockholder Equity	- 0.71	Inventory
Total Current Assets	- 0.69	Other Stockholder Equity