Eastern Deferred Long Term Liab vs Property Plant Equipment Analysis

EML Stock  USD 28.99  0.30  1.05%   
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 Deferred Long Term Liab and its Property Plant Equipment 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 tightly coupled with the direction of predictive economic indicators such as signals in population.

Deferred Long Term Liab vs Property Plant Equipment

Deferred Long Term Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Deferred Long Term Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eastern's Deferred Long Term Liab and Property Plant Equipment is 0.51. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Property Plant Equipment 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 Deferred Long Term Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Eastern Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Deferred Long Term Liab i.e., Eastern's Deferred Long Term Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Property Plant Equipment

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 tightly coupled 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 Expense1.7M2.3M3.5M3.7M
Depreciation And Amortization10.6M10.4M7.5M4.5M

Eastern fundamental ratios Correlations

0.940.20.940.90.830.910.91-0.140.99-0.4-0.130.97-0.330.940.950.65-0.630.970.790.80.850.680.950.570.55
0.940.280.850.710.870.990.71-0.230.97-0.25-0.220.9-0.110.980.80.6-0.390.980.740.720.820.80.860.370.36
0.20.280.090.170.390.280.14-0.140.28-0.41-0.120.110.320.220.030.110.020.20.60.030.160.230.110.08-0.02
0.940.850.090.890.660.860.87-0.340.91-0.45-0.330.98-0.340.810.950.71-0.520.890.720.750.940.460.990.490.46
0.90.710.170.890.630.690.99-0.090.85-0.6-0.080.9-0.50.710.950.62-0.750.780.760.710.760.420.90.650.62
0.830.870.390.660.630.820.670.050.86-0.130.070.75-0.030.910.690.59-0.520.880.680.820.630.770.690.650.63
0.910.990.280.860.690.820.68-0.370.96-0.29-0.360.9-0.10.950.780.61-0.310.960.740.670.840.760.880.30.29
0.910.710.140.870.990.670.68-0.010.85-0.530.00.9-0.510.730.960.61-0.80.80.750.750.740.440.890.70.68
-0.14-0.23-0.14-0.34-0.090.05-0.37-0.01-0.210.371.0-0.26-0.08-0.08-0.12-0.3-0.47-0.15-0.160.12-0.350.03-0.360.330.4
0.990.970.280.910.850.860.960.85-0.21-0.41-0.20.95-0.250.960.890.62-0.530.980.830.740.840.720.930.480.46
-0.4-0.25-0.41-0.45-0.6-0.13-0.29-0.530.37-0.410.34-0.370.29-0.18-0.42-0.170.22-0.26-0.650.0-0.3-0.04-0.45-0.120.01
-0.13-0.22-0.12-0.33-0.080.07-0.360.01.0-0.20.34-0.25-0.08-0.07-0.11-0.29-0.48-0.15-0.150.13-0.350.03-0.350.350.42
0.970.90.110.980.90.750.90.9-0.260.95-0.37-0.25-0.370.880.960.73-0.570.940.710.810.90.590.990.550.54
-0.33-0.110.32-0.34-0.5-0.03-0.1-0.51-0.08-0.250.29-0.08-0.37-0.17-0.49-0.020.47-0.22-0.25-0.21-0.08-0.04-0.37-0.24-0.27
0.940.980.220.810.710.910.950.73-0.080.96-0.18-0.070.88-0.170.80.55-0.490.990.720.760.760.830.830.450.46
0.950.80.030.950.950.690.780.96-0.120.89-0.42-0.110.96-0.490.80.66-0.710.870.690.820.830.510.960.640.63
0.650.60.110.710.620.590.610.61-0.30.62-0.17-0.290.73-0.020.550.66-0.340.620.370.730.760.320.710.670.65
-0.63-0.390.02-0.52-0.75-0.52-0.31-0.8-0.47-0.530.22-0.48-0.570.47-0.49-0.71-0.34-0.52-0.44-0.69-0.37-0.27-0.54-0.76-0.78
0.970.980.20.890.780.880.960.8-0.150.98-0.26-0.150.94-0.220.990.870.62-0.520.750.790.830.760.90.480.48
0.790.740.60.720.760.680.740.75-0.160.83-0.65-0.150.71-0.250.720.690.37-0.440.750.430.670.440.720.350.29
0.80.720.030.750.710.820.670.750.120.740.00.130.81-0.210.760.820.73-0.690.790.430.70.530.750.840.85
0.850.820.160.940.760.630.840.74-0.350.84-0.3-0.350.9-0.080.760.830.76-0.370.830.670.70.390.910.430.42
0.680.80.230.460.420.770.760.440.030.72-0.040.030.59-0.040.830.510.32-0.270.760.440.530.390.490.240.25
0.950.860.110.990.90.690.880.89-0.360.93-0.45-0.350.99-0.370.830.960.71-0.540.90.720.750.910.490.50.48
0.570.370.080.490.650.650.30.70.330.48-0.120.350.55-0.240.450.640.67-0.760.480.350.840.430.240.50.98
0.550.36-0.020.460.620.630.290.680.40.460.010.420.54-0.270.460.630.65-0.780.480.290.850.420.250.480.98
Click cells to compare fundamentals

Eastern Account Relationship Matchups

Eastern fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets280.7M275.5M266.3M261.5M252.0M264.6M
Short Long Term Debt Total111.1M101.5M82.6M76.4M62.1M65.2M
Other Current Liab6.8M7.8M581.0K7.3M9.9M5.0M
Total Current Liabilities31.9M40.7M49.6M47.0M42.7M44.9M
Total Stockholder Equity105.4M104.3M114.6M126.6M132.5M139.1M
Property Plant And Equipment Net54.4M52.7M39.4M38.3M45.5M26.2M
Net Debt93.1M85.4M76.4M66.2M53.8M56.5M
Retained Earnings120.2M122.8M129.4M139.0M144.8M152.0M
Cash18.0M16.1M6.2M10.2M8.3M9.2M
Non Current Assets Total165.7M163.8M142.7M136.2M139.8M146.8M
Non Currrent Assets Other(5.3B)1.7M2.7M2.3M(986.5B)(937.2B)
Cash And Short Term Investments18.0M16.1M6.2M10.2M9.3M9.2M
Net Receivables37.9M38.1M44.2M43.9M37.6M39.5M
Common Stock Shares Outstanding6.3M6.3M6.3M6.2M6.3M4.9M
Liabilities And Stockholders Equity280.7M275.5M266.3M261.5M252.0M264.6M
Non Current Liabilities Total143.3M130.6M102.2M87.9M76.8M80.7M
Inventory54.6M53.1M62.9M64.6M59.3M62.2M
Other Current Assets4.3M4.3M6.9M6.6M6.0M3.1M
Total Liab175.2M171.2M151.7M134.9M119.6M125.5M
Property Plant And Equipment Gross54.4M88.2M28.3M56.1M77.5M81.4M
Total Current Assets114.9M111.7M123.7M125.3M112.2M59.8M
Accumulated Other Comprehensive Income(25.2M)(29.5M)(26.5M)(23.4M)(23.0M)(21.8M)
Short Term Debt5.2M9.4M10.2M12.1M7.5M7.9M
Intangible Assets111.4M32.5M28.3M24.3M20.8M21.9M
Accounts Payable20.0M23.5M29.6M27.6M25.3M26.6M
Common Stock Total Equity30.7M31.5M32.6M33.6M38.6M22.0M
Common Stock30.7M31.5M32.6M33.6M34.0M21.9M
Other Liab37.4M38.4M29.7M23.6M27.1M20.2M
Long Term Debt93.6M82.3M63.8M55.1M41.1M26.3M
Good Will79.5M76.9M72.2M70.8M70.8M74.3M
Property Plant Equipment42.0M52.7M28.3M26.1M30.0M30.6M
Current Deferred Revenue7.3M5.3B2.9M9.2M8.3M7.9M
Net Tangible Assets117.8M(5.1M)114.6M126.6M145.6M91.4M
Retained Earnings Total Equity120.2M122.8M(129.4M)139.0M125.1M64.6M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Eastern using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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:
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 tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Eastern Stock analysis

When running Eastern's price analysis, check to measure Eastern'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 Eastern is operating at the current time. Most of Eastern's value examination focuses on studying past and present price action to predict the probability of Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern's price. Additionally, you may evaluate how the addition of Eastern to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Equity Valuation
Check real value of public entities based on technical and fundamental data
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Is Eastern'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 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
2.177
Dividend Share
0.44
Earnings Share
1.58
Revenue Per Share
42.785
Quarterly Revenue Growth
(0.06)
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.