Eastside Distilling Profitability Analysis

EAST -  USA Stock  

USD 2.84  0.07  2.41%

For Eastside Distilling profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eastside Distilling to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eastside Distilling utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eastside Distilling's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eastside Distilling over time as well as its relative position and ranking within its peers. Continue to Investing Opportunities.

Eastside Current Profitability Trends 

 
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Price to Sales Ratio is likely to gain to 0.96 in 2021, whereas Return on Sales is likely to drop (0.69)  in 2021. Net Loss Income from Discontinued Operations is likely to gain to about 218.6 K in 2021, whereas Consolidated Income is likely to drop (10.1 M) in 2021.

Eastside Distilling Revenues

14.8 MillionShare
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.
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 Eastside Distilling value 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.

Eastside Distilling Short Ratio vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Eastside Distilling's current stock value. Our valuation model uses many indicators to compare Eastside Distilling value to that of its competitors to determine the firm's financial worth.
Eastside Distilling is one of the top stocks in gross profit category among related companies. It is one of the top stocks in short ratio category among related companies . The ratio of Gross Profit to Short Ratio for Eastside Distilling is about  11,121,951 . Eastside Distilling Gross Profit is comparatively stable at the moment as compared to the past year. Eastside Distilling reported Gross Profit of 4.56 Million in 2020. Comparative valuation analysis is a catch-all model that can be used if you cannot value Eastside Distilling by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eastside Distilling's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eastside Distilling's earnings, one of the primary drivers of an investment's value.

Eastside Short Ratio vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Eastside Distilling 
Gross Profit 
 = 
Revenue 
-  
Cost of Revenue 
4.56 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Eastside Distilling 
Short Ratio 
 = 
Short Interest 
Average Trading Volume 
0.41 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Eastside Short Ratio Comparison

Eastside Distilling is currently under evaluation in short ratio category among related companies.

Eastside Distilling Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Eastside Distilling, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eastside Distilling will eventually generate negative long term returns. The profitability progress is the general direction of Eastside Distilling's change in net profit over the period of time. It can combine multiple indicators of Eastside Distilling, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2021
Consolidated Income-9.9 M-10.1 M
Net Income-9.9 M-10.1 M
Net Income Common Stock-9.9 M-10.1 M
Net Loss Income from Discontinued Operations213 K218.6 K
Net Income to Non Controlling Interests(540.90) (583.61) 
Operating Income-8.6 M-8.8 M
Preferred Dividends Income Statement Impact46.5 K46.2 K
Income Tax Expense1.4 K1.3 K
Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. Eastside Distilling, Inc. was founded in 2008 and is headquartered in Portland, Oregon. Eastside Distilling operates under BeveragesWineries Distilleries classification in the United States and is traded on NASDAQ Exchange. It employs 78 people.

Eastside Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Eastside Distilling. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eastside Distilling position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eastside Distilling's important profitability drivers and their relationship over time.

Eastside Distilling Profitability Trends

Eastside Distilling profitability trend refers to the progression of profit or loss within a business. An upward trend means that Eastside Distilling's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Eastside Distilling's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Eastside Distilling Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Eastside Distilling different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Eastside Distilling in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Eastside Distilling's future profitability.

Use Eastside Distilling in pair-trading

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.

Eastside Distilling Pair Trading

Eastside Distilling Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eastside Distilling and Lvmh Moet Henn. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Use Investing Themes to Complement your Eastside Distilling position

In addition to having Eastside Distilling in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Continue to Investing Opportunities. Note that the Eastside Distilling information on this page should be used as a complementary analysis to other Eastside Distilling'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Eastside Distilling 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 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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To fully project Eastside Distilling's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eastside Distilling at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Eastside Distilling's income statement, its balance sheet, and the statement of cash flows.
Potential Eastside Distilling investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Eastside Distilling investors may work on each financial statement separately, they are all related. The changes in Eastside Distilling's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastside Distilling's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.