Escalade Depreciation And Amortization vs Non Recurring Analysis

ESCA Stock  USD 13.67  0.33  2.36%   
Escalade Incorporated financial indicator trend analysis is much more than just examining Escalade Incorporated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Escalade Incorporated is a good investment. Please check the relationship between Escalade Incorporated Depreciation And Amortization and its Non Recurring accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escalade Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.

Depreciation And Amortization vs Non Recurring

Depreciation And Amortization vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Escalade Incorporated Depreciation And Amortization account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Escalade Incorporated's Depreciation And Amortization and Non Recurring is -0.29. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Escalade Incorporated, assuming nothing else is changed. The correlation between historical values of Escalade Incorporated's Depreciation And Amortization and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Escalade Incorporated are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Depreciation And Amortization i.e., Escalade Incorporated's Depreciation And Amortization and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Non Recurring

Most indicators from Escalade Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Escalade Incorporated 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 Escalade Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.At present, Escalade Incorporated's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.99, whereas Selling General Administrative is forecasted to decline to about 33.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M3.8M5.3M5.6M
Depreciation And Amortization2.0M2.6M5.7M3.7M

Escalade Incorporated fundamental ratios Correlations

0.760.690.580.940.880.830.940.080.93-0.25-0.040.8-0.590.890.960.38-0.250.840.760.86-0.10.870.59-0.49-0.65
0.760.520.540.540.860.940.530.050.66-0.120.00.63-0.290.90.810.44-0.380.970.470.820.080.680.41-0.2-0.3
0.690.520.880.60.580.510.550.270.540.00.250.88-0.620.480.590.55-0.130.70.270.730.150.520.7-0.6-0.26
0.580.540.880.440.50.530.40.270.480.250.340.7-0.630.390.490.62-0.240.660.270.60.560.360.45-0.64-0.3
0.940.540.60.440.80.610.990.140.92-0.320.00.76-0.660.720.860.28-0.050.640.750.77-0.210.890.55-0.51-0.67
0.880.860.580.50.80.790.790.180.77-0.290.050.81-0.460.830.890.37-0.150.910.610.95-0.120.890.6-0.2-0.46
0.830.940.510.530.610.790.63-0.130.77-0.08-0.190.54-0.290.960.880.37-0.550.90.670.710.090.640.35-0.28-0.52
0.940.530.550.40.990.790.630.060.93-0.34-0.090.72-0.60.740.870.26-0.110.630.790.74-0.240.880.54-0.45-0.71
0.080.050.270.270.140.18-0.130.06-0.09-0.110.950.36-0.34-0.10.070.270.70.15-0.410.36-0.010.150.32-0.40.43
0.930.660.540.480.920.770.770.93-0.09-0.22-0.170.63-0.670.80.840.35-0.310.70.820.68-0.010.860.33-0.53-0.77
-0.25-0.120.00.25-0.32-0.29-0.08-0.34-0.11-0.220.18-0.23-0.1-0.27-0.290.25-0.25-0.17-0.07-0.30.63-0.42-0.37-0.13-0.07
-0.040.00.250.340.00.05-0.19-0.090.95-0.170.180.25-0.39-0.23-0.080.320.630.07-0.470.220.240.00.15-0.450.42
0.80.630.880.70.760.810.540.720.360.63-0.230.25-0.610.590.710.50.090.790.310.92-0.10.780.78-0.42-0.22
-0.59-0.29-0.62-0.63-0.66-0.46-0.29-0.6-0.34-0.67-0.1-0.39-0.61-0.24-0.37-0.49-0.18-0.4-0.28-0.48-0.34-0.62-0.150.840.4
0.890.90.480.390.720.830.960.74-0.10.8-0.27-0.230.59-0.240.940.27-0.440.880.70.77-0.190.740.49-0.21-0.51
0.960.810.590.490.860.890.880.870.070.84-0.29-0.080.71-0.370.940.25-0.30.850.760.85-0.20.80.63-0.33-0.59
0.380.440.550.620.280.370.370.260.270.350.250.320.5-0.490.270.25-0.140.490.070.430.40.30.18-0.4-0.09
-0.25-0.38-0.13-0.24-0.05-0.15-0.55-0.110.7-0.31-0.250.630.09-0.18-0.44-0.3-0.14-0.31-0.59-0.01-0.240.020.0-0.130.59
0.840.970.70.660.640.910.90.630.150.7-0.170.070.79-0.40.880.850.49-0.310.470.920.030.750.6-0.28-0.32
0.760.470.270.270.750.610.670.79-0.410.82-0.07-0.470.31-0.280.70.760.07-0.590.470.42-0.040.570.24-0.19-0.95
0.860.820.730.60.770.950.710.740.360.68-0.30.220.92-0.480.770.850.43-0.010.920.42-0.170.850.76-0.29-0.27
-0.10.080.150.56-0.21-0.120.09-0.24-0.01-0.010.630.24-0.1-0.34-0.19-0.20.4-0.240.03-0.04-0.17-0.27-0.45-0.38-0.12
0.870.680.520.360.890.890.640.880.150.86-0.420.00.78-0.620.740.80.30.020.750.570.85-0.270.52-0.33-0.47
0.590.410.70.450.550.60.350.540.320.33-0.370.150.78-0.150.490.630.180.00.60.240.76-0.450.52-0.09-0.12
-0.49-0.2-0.6-0.64-0.51-0.2-0.28-0.45-0.4-0.53-0.13-0.45-0.420.84-0.21-0.33-0.4-0.13-0.28-0.19-0.29-0.38-0.33-0.090.28
-0.65-0.3-0.26-0.3-0.67-0.46-0.52-0.710.43-0.77-0.070.42-0.220.4-0.51-0.59-0.090.59-0.32-0.95-0.27-0.12-0.47-0.120.28
Click cells to compare fundamentals

Escalade Incorporated Account Relationship Matchups

Escalade Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets148.8M220.7M251.8M298.7M259.1M272.1M
Other Current Liab9.7M24.3M24.4M16.9M15.2M16.3M
Total Current Liabilities18.2M46.1M48.2M38.9M33.3M35.0M
Total Stockholder Equity126.2M139.2M146.6M158.5M164.6M172.8M
Property Plant And Equipment Net16.2M19.8M27.1M33.9M32.2M16.3M
Net Debt(4.7M)28.2M55.4M100.5M59.8M62.8M
Retained Earnings112.0M125.2M133.1M144.9M160.1M168.1M
Cash5.9M3.5M4.4M4.0M16K15.2K
Non Current Assets Total61.9M75.3M80.7M110.5M112.3M117.9M
Non Currrent Assets Other77K127K124K(1.3M)2.4M4.4M
Cash And Short Term Investments5.9M3.5M4.4M4.0M16K15.2K
Net Receivables35.5M65.3M66.0M57.4M50.0M35.1M
Common Stock Shares Outstanding14.4M14.2M13.9M13.7M13.9M13.8M
Liabilities And Stockholders Equity148.8M220.7M251.8M298.7M259.1M272.1M
Non Current Liabilities Total4.4M35.5M57.0M101.3M61.3M64.4M
Inventory42.3M72.5M92.4M121.9M92.5M97.1M
Other Current Assets3.3M4.1M8.3M4.9M4.4M3.3M
Other Stockholder Equity30.7M28.4M13.9M13.5M13.6M0.0
Total Liab22.6M81.5M105.2M140.2M94.6M53.0M
Property Plant And Equipment Gross16.2M18.2M24.9M33.9M67.1M70.4M
Total Current Assets86.9M145.4M171.1M188.2M146.8M74.6M
Intangible Assets18.8M22.6M20.8M31.1M29.3M18.9M
Accounts Payable7.8M20.9M15.8M9.4M9.8M5.5M
Common Stock Total Equity14.2M13.9M13.5M13.6M15.6M12.5M
Common Stock14.2M13.9M13.5M13.6M4.5M4.3M
Good Will26.4M26.7M32.7M42.3M48.7M51.1M
Other Liab3.9M4.6M5.2M4.9M5.7M3.4M
Property Plant Equipment15.1M18.2M27.1M27.6M31.7M18.3M
Net Tangible Assets126.2M139.2M93.1M85.0M97.8M88.0M
Retained Earnings Total Equity112.0M125.2M133.1M144.9M166.6M87.0M
Deferred Long Term Liab2.5M3.4M4.2M4.5M5.2M3.1M
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 Escalade Incorporated 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, Escalade Incorporated's short interest history, or implied volatility extrapolated from Escalade Incorporated options trading.

Pair Trading with Escalade Incorporated

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

Moving against Escalade Stock

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The ability to find closely correlated positions to Escalade Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Escalade Incorporated 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 Escalade Incorporated - 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 Escalade Incorporated to buy it.
The correlation of Escalade Incorporated 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 Escalade Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Escalade Incorporated 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 Escalade Incorporated 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 Escalade Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Escalade Incorporated'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 Escalade Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Escalade Incorporated Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escalade Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.
Note that the Escalade Incorporated information on this page should be used as a complementary analysis to other Escalade Incorporated'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Escalade Incorporated's price analysis, check to measure Escalade Incorporated'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 Escalade Incorporated is operating at the current time. Most of Escalade Incorporated's value examination focuses on studying past and present price action to predict the probability of Escalade Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Escalade Incorporated's price. Additionally, you may evaluate how the addition of Escalade Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Escalade Incorporated'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 Escalade Incorporated. If investors know Escalade 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 Escalade Incorporated 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
0.072
Dividend Share
0.6
Earnings Share
0.71
Revenue Per Share
19.219
Quarterly Revenue Growth
(0.09)
The market value of Escalade Incorporated is measured differently than its book value, which is the value of Escalade that is recorded on the company's balance sheet. Investors also form their own opinion of Escalade Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Escalade Incorporated'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 Escalade Incorporated's market value can be influenced by many factors that don't directly affect Escalade Incorporated'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 Escalade Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Escalade Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Escalade Incorporated'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.