Eastside Historical Financial Ratios
| EAST Stock | USD 1.08 0.15 16.13% |
Eastside Distilling is recently reporting on over 112 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.73 or Days Sales Outstanding of 25.61 will help investors to properly organize and evaluate Eastside Distilling financial condition quickly.
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About Eastside Financial Ratios Analysis
Eastside DistillingFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Eastside Distilling investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Eastside financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Eastside Distilling history.
Eastside Distilling Financial Ratios Chart
Eastside Distilling financial ratios usually calculated using numerical values taken directly from Eastside Distilling financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Eastside Distilling. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Eastside Distilling's Average Inventory is comparatively stable compared to the past year. Current Ratio is likely to gain to 1.67 in 2024, despite the fact that Free Cash Flow Yield is likely to grow to (1.37). Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Eastside Distilling stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eastside Distilling sales, a figure that is much harder to manipulate than other Eastside Distilling multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Eastside Distilling dividend as a percentage of Eastside Distilling stock price. Eastside Distilling dividend yield is a measure of Eastside Distilling stock productivity, which can be interpreted as interest rate earned on an Eastside Distilling investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Eastside Distilling's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Eastside Distilling current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Eastside Distilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.At this time, Eastside Distilling's Average Inventory is comparatively stable compared to the past year. Current Ratio is likely to gain to 1.67 in 2024, despite the fact that Free Cash Flow Yield is likely to grow to (1.37).
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 7.5 | 6.62 | 5.2 | 5.46 | Days Of Inventory On Hand | 250.54 | 141.7 | 108.61 | 103.18 |
Eastside Distilling fundamentals Correlations
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Eastside Distilling Account Relationship Matchups
High Positive Relationship
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Eastside Distilling fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 6.13 | 1.75 | 0.94 | 1.84 | 0.25 | 0.13 | |
| Ptb Ratio | 3.73 | (11.58) | 1.7 | (2.32) | 1.65 | 1.73 | |
| Days Sales Outstanding | 31.03 | 18.46 | 42.58 | 23.03 | 19.43 | 25.61 | |
| Book Value Per Share | 15.81 | (2.21) | 21.09 | (1.98) | 0.78 | 0.74 | |
| Invested Capital | 1.26 | (11.97) | 1.35 | (12.54) | 14.14 | 14.85 | |
| Operating Cash Flow Per Share | (19.69) | (6.0) | (9.36) | (1.14) | (1.68) | (1.77) | |
| Stock Based Compensation To Revenue | 0.0428 | 0.021 | 0.002178 | 2.16E-4 | 0.0645 | 0.0795 | |
| Capex To Depreciation | (1.28) | (0.23) | (0.21) | (1.64) | (0.14) | (0.15) | |
| Pb Ratio | 3.73 | (11.58) | 1.7 | (2.32) | 1.65 | 1.73 | |
| Ev To Sales | 2.33 | 1.84 | 3.03 | 1.57 | 1.42 | 1.35 | |
| Free Cash Flow Per Share | (24.38) | (7.04) | (9.78) | (4.4) | (1.86) | (1.95) | |
| Roic | (0.34) | (0.63) | (0.6) | (0.15) | (0.38) | (0.4) | |
| Inventory Turnover | 0.82 | 1.36 | 1.46 | 2.58 | 3.36 | 3.53 | |
| Net Income Per Share | (28.17) | (16.54) | (6.79) | (21.41) | (6.91) | (7.25) | |
| Days Of Inventory On Hand | 446.12 | 267.97 | 250.54 | 141.7 | 108.61 | 103.18 | |
| Payables Turnover | 3.45 | 4.92 | 7.5 | 6.62 | 5.2 | 5.46 | |
| Sales General And Administrative To Revenue | 0.74 | 0.67 | 0.55 | 0.46 | 0.44 | 0.42 | |
| Capex To Revenue | (0.14) | (0.0382) | (0.0214) | (0.18) | (0.0185) | (0.0194) | |
| Cash Per Share | 0.74 | 1.67 | 5.16 | 0.94 | 0.37 | 0.35 | |
| Interest Coverage | (25.95) | (7.85) | (5.17) | (2.97) | (4.68) | (4.91) | |
| Capex To Operating Cash Flow | 0.24 | 0.17 | 0.0446 | 2.85 | 0.11 | 0.1 | |
| Pfcf Ratio | (2.42) | (3.64) | (3.66) | (1.04) | (0.69) | (0.73) | |
| Days Payables Outstanding | 105.74 | 74.24 | 48.68 | 55.12 | 70.2 | 66.69 | |
| Income Quality | 0.54 | 0.3 | 2.71 | 0.0539 | 0.24 | 0.23 | |
| Roe | (1.78) | 7.48 | (0.32) | 10.83 | (8.83) | (8.39) | |
| Ev To Operating Cash Flow | (3.97) | (8.4) | (6.31) | (24.86) | (8.11) | (8.52) | |
| Pe Ratio | (2.09) | (1.55) | (5.27) | (0.21) | (0.19) | (0.2) | |
| Return On Tangible Assets | (0.62) | (0.47) | (0.22) | (1.04) | (0.61) | (0.64) | |
| Ev To Free Cash Flow | (3.21) | (7.16) | (6.04) | (6.46) | (7.34) | (7.7) | |
| Earnings Yield | (0.48) | (0.65) | (0.19) | (4.67) | (5.35) | (5.09) | |
| Intangibles To Total Assets | 0.0296 | 0.41 | 0.44 | 0.27 | 0.29 | 0.22 | |
| Net Debt To E B I T D A | (0.55) | (1.39) | (3.38) | (2.8) | (3.52) | (3.35) | |
| Current Ratio | 2.36 | 0.42 | 1.49 | 0.51 | 1.08 | 1.67 | |
| Tangible Book Value Per Share | (15.89) | (30.21) | (0.35) | (9.49) | (3.85) | (3.66) | |
| Receivables Turnover | 11.76 | 19.77 | 8.57 | 15.85 | 18.78 | 17.84 | |
| Graham Number | 100.11 | 28.68 | 56.75 | 30.86 | 11.02 | 10.47 |
Pair Trading with Eastside Distilling
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 Eastside Distilling 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 Eastside Distilling will appreciate offsetting losses from the drop in the long position's value.Moving against Eastside Stock
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| 0.54 | BG | Bunge Limited Earnings Call Next Week | PairCorr |
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| 0.42 | JZ | Jianzhi Education Report 4th of October 2024 | PairCorr |
The ability to find closely correlated positions to Eastside Distilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastside Distilling 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 Eastside Distilling - 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 Eastside Distilling to buy it.
The correlation of Eastside Distilling 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 Eastside Distilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastside Distilling 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 Eastside Distilling 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Eastside Distilling's price analysis, check to measure Eastside Distilling'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 Eastside Distilling is operating at the current time. Most of Eastside Distilling's value examination focuses on studying past and present price action to predict the probability of Eastside Distilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastside Distilling's price. Additionally, you may evaluate how the addition of Eastside Distilling to your portfolios can decrease your overall portfolio volatility.
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Is Eastside Distilling'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 Eastside Distilling. If investors know Eastside 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 Eastside Distilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Revenue Per Share 9.623 | Quarterly Revenue Growth (0.13) | Return On Assets (0.17) | Return On Equity (2.60) |
The market value of Eastside Distilling is measured differently than its book value, which is the value of Eastside that is recorded on the company's balance sheet. Investors also form their own opinion of Eastside Distilling's value that differs from its market value or its book value, called intrinsic value, which is Eastside Distilling'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 Eastside Distilling's market value can be influenced by many factors that don't directly affect Eastside Distilling'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 Eastside Distilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastside Distilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastside Distilling'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.