Eastside Distilling Financials

EAST Stock  USD 0.57  0.01  1.79%   
Based on the key indicators obtained from Eastside Distilling's historical financial statements, Eastside Distilling is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Eastside Distilling's Non Current Liabilities Total is comparatively stable compared to the past year. Long Term Debt is likely to gain to about 11.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 546.2 K in 2024. Key indicators impacting Eastside Distilling's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.671.079
Way Up
Pretty Stable
Investors should never underestimate Eastside Distilling's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Eastside Distilling's cash flow, debt, and profitability to make informed and accurate decisions about investing in Eastside Distilling.

Net Income

(7.91 Million)

  
Understanding current and past Eastside Distilling Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eastside Distilling's financial statements are interrelated, with each one affecting the others. For example, an increase in Eastside Distilling's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Eastside Distilling's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eastside Distilling. Check Eastside Distilling's Beneish M Score to see the likelihood of Eastside Distilling's management manipulating its earnings.

Eastside Distilling Stock Summary

Eastside Distilling competes with Naked Wines, Andrew Peller, Naked Wines, Pernod Ricard, and Crimson Wine. 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 69 people.
Specialization
Consumer Defensive, Beverages - Wineries & Distilleries
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS2778023026
CUSIP277802302 277802401 277802104
LocationOregon; U.S.A
Business Address2321 NE Argyle
SectorBeverages
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.eastsidedistilling.com
Phone971 888 4264
CurrencyUSD - US Dollar

Eastside Distilling Key Financial Ratios

Eastside Distilling Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets35.9M31.7M33.6M21.5M17.5M15.3M
Other Current Liab896.1K17.6M52K2.2M575K546.3K
Net Debt8.9M12.4M14.8M18.3M13.5M14.2M
Retained Earnings(44.2M)(54.1M)(58.6M)(75.0M)(82.7M)(78.6M)
Accounts Payable2.9M1.9M1.3M1.7M2.1M1.3M
Cash343.3K836K3.3M723K403K382.9K
Net Receivables1.3M694K1.4M876K559K633.1K
Other Current Assets407.5K4.6M2.9M579K363K344.9K
Total Liab28.5M32.8M20.2M23.0M16.6M11.6M
Total Current Assets14.5M12.8M14.1M6.6M4.5M7.5M
Common Stock876.0967.01K2K1.8K1.5K
Net Tangible Assets18.4M(7.4M)(15.1M)(225K)(202.5K)(192.4K)
Other Assets496.3K1.2M1.7M457K525.6K509.6K
Long Term Debt6.6M1.7M8.2M7.8M10.6M11.1M
Capital Surpluse23.2M45.9M51.6M53.0M60.9M64.0M
Inventory12.4M6.7M6.5M4.4M3.2M5.0M
Intangible Assets14.7M14.0M13.8M5.9M5.0M5.5M
Long Term Debt Total2.2M5.2M6.6M1.7M1.9M2.5M

Eastside Distilling Key Income Statement Accounts

The reason investors look at the income statement is to determine what Eastside Distilling's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense523.4K1.1M1.3M2.2M1.1M687.0K
Total Revenue15.6M13.7M12.4M13.9M10.5M6.8M
Gross Profit5.5M4.6M2.9M2.4M1.1M1.9M
Operating Income(13.6M)(8.6M)(6.5M)(6.6M)(4.8M)(5.1M)
Ebit(13.6M)(8.6M)(4.8M)(14.1M)(6.4M)(6.7M)
Ebitda(16.3M)(6.3M)(3.5M)(12.7M)(5.1M)(5.3M)
Cost Of Revenue10.1M9.2M9.5M11.4M9.4M4.9M
Income Before Tax(16.9M)(9.6M)(6.1M)(16.3M)(7.5M)(7.9M)
Net Income(13.1M)(8.3M)(4.3M)(16.4M)(7.5M)(7.9M)
Income Tax Expense(3.8M)(1.4M)(1.7M)150K1.2M1.2M
Net Interest Income(523.4K)(1.1M)(1.3M)(2.2M)(1.1M)(1.2M)

Eastside Distilling Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(10.3M)493K2.4M(2.6M)(320K)(304K)
Free Cash Flow(11.3M)(3.5M)(6.2M)(3.4M)(2.0M)(2.1M)
Other Non Cash Items4.9M1.5M(3.5M)9.4M2.2M1.8M
Capital Expenditures2.2M524K265K2.5M194K184.3K
Net Income(16.9M)(9.9M)(2.2M)(16.3M)(7.5M)(7.9M)
End Period Cash Flow343.3K836K3.3M723K403K382.9K
Change To Inventory(384.9K)412K263K2.1M1.2M1.3M
Depreciation1.7M2.3M1.2M1.5M1.4M788.7K
Change Receivables35.9K(748.8K)292.7K552K634.8K666.5K
Net Borrowings6.0M1.2M3.4M(3.3M)(3.8M)(3.6M)
Change To Netincome1.1M1.5M2.6M(118K)(106.2K)(100.9K)
Investments(3.6M)137K3.2M(2.3M)142K149.1K

Eastside Financial Ratios Relationships

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. You can analyze the relationship between different fundamental ratios across Eastside Distilling competition to find correlations between indicators driving Eastside Distilling's intrinsic value. More Info.
Eastside Distilling is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Eastside Distilling's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eastside Distilling by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Eastside Distilling Systematic Risk

Eastside Distilling's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eastside Distilling volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Eastside Distilling correlated with the market. If Beta is less than 0 Eastside Distilling generally moves in the opposite direction as compared to the market. If Eastside Distilling Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eastside Distilling is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eastside Distilling is generally in the same direction as the market. If Beta > 1 Eastside Distilling moves generally in the same direction as, but more than the movement of the benchmark.

Eastside Distilling Thematic Clasifications

Eastside Distilling is part of several thematic ideas from Beers to Cigarettes. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Eastside Distilling Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eastside Distilling's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eastside Distilling growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.002922

At this time, Eastside Distilling's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Eastside Distilling November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Eastside Distilling help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eastside Distilling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastside Distilling based on widely used predictive technical indicators. In general, we focus on analyzing Eastside Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastside Distilling's daily price indicators and compare them against related drivers.

Additional Tools for Eastside Stock Analysis

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.