Ethan Net Debt vs Treasury Stock Analysis

ETD Stock

USD 28.78 0.54 1.91%

Ethan Allen financial indicator trend analysis is much more than just examining Ethan Allen Interiors latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ethan Allen Interiors is a good investment. Please check the relationship between Ethan Allen Net Debt and its Treasury Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethan Allen Interiors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Net Debt vs Treasury Stock

Net Debt vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ethan Allen Interiors Net Debt account and Treasury Stock. At this time, the significance of the direction appears to have weak relationship.

The correlation between Ethan Allen's Net Debt and Treasury Stock is 0.3. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Ethan Allen Interiors, assuming nothing else is changed. The correlation between historical values of Ethan Allen's Net Debt and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Ethan Allen Interiors are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Debt i.e., Ethan Allen's Net Debt and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Treasury Stock

Most indicators from Ethan Allen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ethan Allen Interiors 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 Ethan Allen Interiors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

At present, Ethan Allen's Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.3 B, whereas Tax Provision is forecasted to decline to about 22.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	393.1M	484.7M	480.4M	417.5M
Total Revenue	685.2M	817.8M	791.4M	814.8M

Gross Profit Total Revenue

Ethan Allen 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	Accounts Payable	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	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.32	-0.05	0.83	0.66	0.9	-0.1	0.67	0.33	0.82	0.92	-0.31	0.86	-0.6	-0.73	0.09	0.53	0.57	-0.7	0.59	0.96	0.47	-0.47	0.77	0.75	-0.7
Short Long Term Debt Total	0.32		-0.03	0.17	-0.45	0.29	0.85	-0.36	0.17	0.43	0.41	0.18	0.39	0.25	0.23	0.94	-0.52	0.23	0.29	0.9	0.22	0.38	0.47	-0.13	0.03	0.26
Other Current Liab	-0.05	-0.03		-0.12	-0.12	-0.18	-0.18	0.0	-0.74	0.2	-0.12	0.26	-0.17	-0.06	0.25	0.21	0.12	-0.4	0.07	0.06	0.01	-0.78	0.29	-0.23	-0.22	-0.12
Total Current Liabilities	0.83	0.17	-0.12		0.51	0.82	-0.27	0.64	0.51	0.79	0.78	-0.42	0.55	-0.55	-0.75	-0.06	0.54	0.72	-0.66	0.53	0.79	0.47	-0.4	0.52	0.97	-0.6
Total Stockholder Equity	0.66	-0.45	-0.12	0.51		0.62	-0.66	0.89	0.16	0.34	0.53	-0.38	0.52	-0.74	-0.83	-0.63	0.81	0.26	-0.84	-0.22	0.7	0.2	-0.85	0.89	0.53	-0.81
Property Plant And Equipment Net	0.9	0.29	-0.18	0.82	0.62		-0.1	0.75	0.43	0.74	0.98	-0.44	0.67	-0.76	-0.84	0.03	0.46	0.52	-0.8	0.51	0.76	0.53	-0.55	0.73	0.75	-0.75
Net Debt	-0.1	0.85	-0.18	-0.27	-0.66	-0.1		-0.67	0.1	-0.1	0.03	0.2	0.13	0.56	0.51	0.85	-0.73	-0.03	0.58	0.59	-0.18	0.31	0.65	-0.31	-0.36	0.57
Retained Earnings	0.67	-0.36	0.0	0.64	0.89	0.75	-0.67		0.26	0.46	0.64	-0.46	0.34	-0.92	-0.93	-0.53	0.79	0.19	-0.94	-0.1	0.63	0.09	-0.78	0.79	0.63	-0.92
Accounts Payable	0.33	0.17	-0.74	0.51	0.16	0.43	0.1	0.26		0.15	0.35	-0.37	0.22	-0.18	-0.46	-0.04	0.03	0.4	-0.28	0.26	0.28	0.58	-0.19	0.34	0.51	-0.14
Cash	0.82	0.43	0.2	0.79	0.34	0.74	-0.1	0.46	0.15		0.78	-0.05	0.65	-0.49	-0.49	0.29	0.34	0.56	-0.49	0.7	0.77	0.27	-0.3	0.34	0.71	-0.53
Non Current Assets Total	0.92	0.41	-0.12	0.78	0.53	0.98	0.03	0.64	0.35	0.78		-0.37	0.75	-0.68	-0.75	0.18	0.4	0.54	-0.72	0.63	0.78	0.52	-0.45	0.7	0.7	-0.7
Non Currrent Assets Other	-0.31	0.18	0.26	-0.42	-0.38	-0.44	0.2	-0.46	-0.37	-0.05	-0.37		-0.17	0.39	0.62	0.32	-0.47	-0.16	0.56	0.0	-0.23	-0.31	0.16	-0.47	-0.41	0.46
Cash And Short Term Investments	0.86	0.39	-0.17	0.55	0.52	0.67	0.13	0.34	0.22	0.65	0.75	-0.17		-0.3	-0.48	0.2	0.36	0.54	-0.45	0.56	0.86	0.54	-0.36	0.71	0.48	-0.46
Net Receivables	-0.6	0.25	-0.06	-0.55	-0.74	-0.76	0.56	-0.92	-0.18	-0.49	-0.68	0.39	-0.3		0.86	0.38	-0.64	-0.15	0.92	0.02	-0.49	-0.01	0.74	-0.69	-0.51	0.93
Common Stock Shares Outstanding	-0.73	0.23	0.25	-0.75	-0.83	-0.84	0.51	-0.93	-0.46	-0.49	-0.75	0.62	-0.48	0.86		0.47	-0.77	-0.38	0.97	-0.05	-0.65	-0.36	0.77	-0.82	-0.74	0.9
Non Current Liabilities Total	0.09	0.94	0.21	-0.06	-0.63	0.03	0.85	-0.53	-0.04	0.29	0.18	0.32	0.2	0.38	0.47		-0.63	0.0	0.48	0.81	0.02	0.08	0.66	-0.34	-0.21	0.4
Inventory	0.53	-0.52	0.12	0.54	0.81	0.46	-0.73	0.79	0.03	0.34	0.4	-0.47	0.36	-0.64	-0.77	-0.63		0.21	-0.82	-0.19	0.58	-0.02	-0.64	0.65	0.55	-0.82
Other Current Assets	0.57	0.23	-0.4	0.72	0.26	0.52	-0.03	0.19	0.4	0.56	0.54	-0.16	0.54	-0.15	-0.38	0.0	0.21		-0.27	0.46	0.54	0.72	-0.28	0.27	0.79	-0.18
Other Stockholder Equity	-0.7	0.29	0.07	-0.66	-0.84	-0.8	0.58	-0.94	-0.28	-0.49	-0.72	0.56	-0.45	0.92	0.97	0.48	-0.82	-0.27		0.0	-0.61	-0.18	0.78	-0.81	-0.64	0.97
Total Liab	0.59	0.9	0.06	0.53	-0.22	0.51	0.59	-0.1	0.26	0.7	0.63	0.0	0.56	0.02	-0.05	0.81	-0.19	0.46	0.0		0.5	0.4	0.3	0.05	0.39	-0.03
Total Current Assets	0.96	0.22	0.01	0.79	0.7	0.76	-0.18	0.63	0.28	0.77	0.78	-0.23	0.86	-0.49	-0.65	0.02	0.58	0.54	-0.61	0.5		0.39	-0.45	0.76	0.71	-0.63
Short Term Debt	0.47	0.38	-0.78	0.47	0.2	0.53	0.31	0.09	0.58	0.27	0.52	-0.31	0.54	-0.01	-0.36	0.08	-0.02	0.72	-0.18	0.4	0.39		-0.25	0.35	0.53	0.0
Intangible Assets	-0.47	0.47	0.29	-0.4	-0.85	-0.55	0.65	-0.78	-0.19	-0.3	-0.45	0.16	-0.36	0.74	0.77	0.66	-0.64	-0.28	0.78	0.3	-0.45	-0.25		-0.68	-0.48	0.72
Common Stock	0.77	-0.13	-0.23	0.52	0.89	0.73	-0.31	0.79	0.34	0.34	0.7	-0.47	0.71	-0.69	-0.82	-0.34	0.65	0.27	-0.81	0.05	0.76	0.35	-0.68		0.48	-0.79
Current Deferred Revenue	0.75	0.03	-0.22	0.97	0.53	0.75	-0.36	0.63	0.51	0.71	0.7	-0.41	0.48	-0.51	-0.74	-0.21	0.55	0.79	-0.64	0.39	0.71	0.53	-0.48	0.48		-0.55
Good Will	-0.7	0.26	-0.12	-0.6	-0.81	-0.75	0.57	-0.92	-0.14	-0.53	-0.7	0.46	-0.46	0.93	0.9	0.4	-0.82	-0.18	0.97	-0.03	-0.63	0.0	0.72	-0.79	-0.55

Click cells to compare fundamentals

Ethan Allen Account Relationship Matchups

Ethan Allen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	510.4M	622.8M	683.2M	719.9M	745.5M	652.3M
Short Long Term Debt Total	1.1M	179.5M	125.3M	115.2M	130.3M	105.2M
Other Current Liab	8.8M	3.7M	4.2M	31.5M	7.2M	6.8M
Total Current Liabilities	122.8M	139.0M	223.9M	215.6M	163.1M	133.9M
Total Stockholder Equity	363.9M	328.1M	351.4M	407.3M	471.0M	385.7M
Property Plant And Equipment Net	245.2M	346.0M	340.2M	324.3M	338.0M	292.7M
Net Debt	(19.8M)	107.2M	20.7M	5.3M	68.2M	71.6M
Retained Earnings	647.7M	638.6M	655.3M	710.4M	769.8M	453.0M
Accounts Payable	56.8M	43.9M	61.7M	37.4M	52.1M	27.5M
Cash	20.8M	72.3M	104.6M	109.9M	62.1M	61.2M
Non Current Assets Total	294.1M	392.8M	388.0M	373.1M	386M	365.2M
Non Currrent Assets Other	1.6M	1.6M	1.6M	2.9M	1.7M	1.6M
Cash And Short Term Investments	20.8M	72.3M	104.6M	121.1M	172.7M	181.3M
Net Receivables	14.2M	8.1M	9.0M	17.0M	11.6M	17.8M
Common Stock Shares Outstanding	26.8M	26.1M	25.4M	25.5M	25.6M	27.2M
Liabilities And Stockholders Equity	510.4M	622.8M	683.2M	719.9M	745.5M	652.3M
Non Current Liabilities Total	23.6M	155.7M	107.9M	96.9M	111.4M	96.5M
Inventory	162.4M	126.1M	144.0M	176.5M	149.2M	164.1M
Other Current Assets	18.8M	23.5M	37.7M	32.1M	26.0M	30.4M
Other Stockholder Equity	(278.7M)	(302.6M)	(298.5M)	(297.1M)	(296.5M)	(281.7M)
Total Liab	146.4M	294.7M	331.8M	312.6M	274.4M	266.6M
Total Current Assets	216.3M	230.0M	295.3M	346.7M	359.5M	287.1M
Short Term Debt	550K	27.4M	27.4M	25.7M	26.0M	27.3M
Accumulated Other Comprehensive Income	(5.7M)	(8.4M)	(5.9M)	(6.5M)	(2.8M)	(2.9M)
Current Deferred Revenue	56.7M	64.0M	130.6M	121.1M	77.8M	67.6M
Other Assets	1.7M	2.7M	3.7M	2.8M	2.6M	3.1M
Long Term Debt Total	50.1M	788K	579K	204K	183.6K	174.4K
Capital Surpluse	378.3M	382.5M	384.8M	386.1M	444.1M	418.7M
Treasury Stock	(656.6M)	(656.6M)	(680.9M)	(681.0M)	(612.9M)	(643.5M)
Cash And Equivalents	72.3M	104.6M	109.9M	62.1M	71.4M	70.7M
Property Plant Equipment	346.0M	340.2M	324.3M	338.0M	388.7M	335.0M
Other Liab	3.5M	10.0M	7.4M	6.8M	6.2M	10.0M
Net Tangible Assets	282.9M	306.3M	362.2M	425.9M	489.8M	373.0M
Net Invested Capital	378.1M	351.4M	407.3M	471.0M	541.7M	432.1M
Property Plant And Equipment Gross	245.2M	346.0M	324.3M	338.0M	388.7M	328.5M

Pair Trading with Ethan Allen

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

Moving against Ethan Stock

0.51

IhumanInc

Pair Corr

The ability to find closely correlated positions to Ethan Allen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ethan Allen 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 Ethan Allen - 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 Ethan Allen Interiors to buy it.

The correlation of Ethan Allen 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 Ethan Allen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ethan Allen Interiors 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 Ethan Allen 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 Correlation Correlation Matching

When determining whether Ethan Allen Interiors is a strong investment it is important to analyze Ethan Allen'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 Ethan Allen's future performance. For an informed investment choice regarding Ethan Stock, refer to the following important reports:

How To Invest In Ethan

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Is Ethan Stock a good investment?

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What is Ethan Allen's Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethan Allen Interiors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Ethan Stock analysis

When running Ethan Allen's price analysis, check to measure Ethan Allen'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 Ethan Allen is operating at the current time. Most of Ethan Allen's value examination focuses on studying past and present price action to predict the probability of Ethan Allen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ethan Allen's price. Additionally, you may evaluate how the addition of Ethan Allen to your portfolios can decrease your overall portfolio volatility.

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Is Ethan Allen'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 Ethan Allen. If investors know Ethan 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 Ethan Allen 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

(0.42)

Dividend Share

1.44

Earnings Share

2.76

Revenue Per Share

26.066

Quarterly Revenue Growth

(0.21)

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

Net Debt vs Treasury Stock

Net Debt vs Treasury Stock Correlation Analysis

Correlation Coefficient

Net Debt

Treasury Stock

Ethan Allen fundamental ratios Correlations

Ethan Allen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ethan Allen fundamental ratios Accounts

Pair Trading with Ethan Allen

Moving against Ethan Stock

Complementary Tools for Ethan Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Current Deferred Revenue	+ 0.97	Total Current Liabilities
Other Stockholder Equity	+ 0.97	Common Stock Shares Outstanding
Good Will	+ 0.97	Other Stockholder Equity
Total Current Assets	+ 0.96	Total Assets
Non Current Liabilities Total	+ 0.94	Short Long Term Debt Total

Other Stockholder Equity	- 0.94	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Retained Earnings
Good Will	- 0.92	Retained Earnings
Net Receivables	- 0.92	Retained Earnings
Intangible Assets	- 0.85	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.84	Property Plant And Equipment Net