Era Other Stockholder Equity vs Total Liab Analysis

002641 Stock   4.73  0.07  1.50%   
Era financial indicator trend analysis is much more than just examining Era Co latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Era Co is a good investment. Please check the relationship between Era Other Stockholder Equity and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Era Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Era Co Other Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Era's Other Stockholder Equity and Total Liab is -0.11. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Era Co, assuming nothing else is changed. The correlation between historical values of Era's Other Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Era Co are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., Era's Other Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Era's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Era Co 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Era Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 39.3 M, whereas Selling General Administrative is forecasted to decline to about 410.7 M.
 2021 2022 2023 2024 (projected)
Operating Income667.8M426.1M602.5M421.6M
Total Revenue8.9B8.0B7.5B4.9B

Era fundamental ratios Correlations

-0.490.330.960.990.940.950.69-0.750.840.960.740.950.34-0.240.740.960.610.970.72-0.190.980.98-0.470.920.9
-0.490.23-0.43-0.52-0.33-0.3-0.670.8-0.69-0.54-0.68-0.35-0.430.65-0.69-0.44-0.04-0.48-0.390.36-0.41-0.550.9-0.44-0.23
0.330.230.450.240.290.38-0.290.040.070.390.00.36-0.20.38-0.030.420.190.380.10.210.450.290.320.230.46
0.96-0.430.450.930.880.90.63-0.670.760.980.660.890.23-0.110.680.990.460.990.6-0.091.00.96-0.340.820.93
0.99-0.520.240.930.940.940.72-0.780.860.930.760.950.37-0.310.770.930.630.950.74-0.220.940.97-0.520.940.86
0.94-0.330.290.880.940.960.66-0.60.750.840.60.960.31-0.040.60.90.720.890.71-0.190.910.88-0.370.970.91
0.95-0.30.380.90.940.960.59-0.570.780.880.581.00.34-0.110.570.910.730.910.78-0.220.930.87-0.330.930.91
0.69-0.67-0.290.630.720.660.59-0.830.830.620.820.60.67-0.390.850.640.330.650.6-0.550.630.72-0.650.670.61
-0.750.80.04-0.67-0.78-0.6-0.57-0.83-0.9-0.7-0.98-0.61-0.660.59-0.98-0.64-0.29-0.69-0.650.53-0.67-0.80.72-0.66-0.52
0.84-0.690.070.760.860.750.780.83-0.90.790.90.80.71-0.510.890.760.540.790.88-0.570.780.82-0.70.820.65
0.96-0.540.390.980.930.840.880.62-0.70.790.670.880.21-0.240.680.970.480.990.64-0.070.980.96-0.470.810.87
0.74-0.680.00.660.760.60.580.82-0.980.90.670.610.71-0.530.990.630.320.680.68-0.570.660.78-0.630.650.54
0.95-0.350.360.890.950.961.00.6-0.610.80.880.610.37-0.170.60.90.740.910.8-0.250.930.88-0.390.950.89
0.34-0.43-0.20.230.370.310.340.67-0.660.710.210.710.37-0.410.660.180.280.240.64-0.980.250.3-0.440.380.23
-0.240.650.38-0.11-0.31-0.04-0.11-0.390.59-0.51-0.24-0.53-0.17-0.41-0.54-0.1-0.12-0.18-0.460.32-0.12-0.280.7-0.210.11
0.74-0.69-0.030.680.770.60.570.85-0.980.890.680.990.60.66-0.540.650.310.680.64-0.510.670.8-0.630.650.55
0.96-0.440.420.990.930.90.910.64-0.640.760.970.630.90.18-0.10.650.540.980.61-0.040.990.96-0.40.860.94
0.61-0.040.190.460.630.720.730.33-0.290.540.480.320.740.28-0.120.310.540.50.73-0.20.550.5-0.350.760.55
0.97-0.480.380.990.950.890.910.65-0.690.790.990.680.910.24-0.180.680.980.50.66-0.090.990.97-0.420.850.91
0.72-0.390.10.60.740.710.780.6-0.650.880.640.680.80.64-0.460.640.610.730.66-0.520.650.63-0.520.790.54
-0.190.360.21-0.09-0.22-0.19-0.22-0.550.53-0.57-0.07-0.57-0.25-0.980.32-0.51-0.04-0.2-0.09-0.52-0.11-0.140.37-0.25-0.11
0.98-0.410.451.00.940.910.930.63-0.670.780.980.660.930.25-0.120.670.990.550.990.65-0.110.96-0.360.850.94
0.98-0.550.290.960.970.880.870.72-0.80.820.960.780.880.3-0.280.80.960.50.970.63-0.140.96-0.50.860.87
-0.470.90.32-0.34-0.52-0.37-0.33-0.650.72-0.7-0.47-0.63-0.39-0.440.7-0.63-0.4-0.35-0.42-0.520.37-0.36-0.5-0.51-0.19
0.92-0.440.230.820.940.970.930.67-0.660.820.810.650.950.38-0.210.650.860.760.850.79-0.250.850.86-0.510.82
0.9-0.230.460.930.860.910.910.61-0.520.650.870.540.890.230.110.550.940.550.910.54-0.110.940.87-0.190.82
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Era Account Relationship Matchups

Era fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B7.6B8.3B8.4B8.3B4.9B
Short Long Term Debt Total85.8M78.5M68.4M112.2M98.3M93.4M
Other Current Liab249.9M27.2M16.3M525.1M66.8M63.4M
Total Current Liabilities2.2B2.7B3.1B3.0B2.5B1.8B
Total Stockholder Equity3.4B4.7B5.1B5.0B5.4B3.0B
Other Liab123.1M168.1M171.8M183.7M211.3M114.7M
Property Plant And Equipment Net1.8B2.0B2.5B2.8B2.8B1.7B
Current Deferred Revenue481.6M873.5M713.3M191.6M790.4M830.0M
Net Debt(910.4M)(1.6B)(1.4B)(1.3B)(1.8B)(1.7B)
Retained Earnings1.3B1.9B2.3B2.3B2.6B2.7B
Accounts Payable1.4B1.7B2.3B2.2B1.6B1.1B
Cash996.3M1.7B1.5B1.4B1.9B2.0B
Non Current Assets Total2.3B2.6B3.3B3.7B3.8B2.2B
Non Currrent Assets Other5.5M337.2M269.0M134.5M3.5B3.7B
Other Assets55.3M66.5M73.6M1.01.151.09
Cash And Short Term Investments996.3M2.1B1.6B1.4B1.9B2.0B
Net Receivables1.4B1.7B1.9B1.9B1.4B986.9M
Liabilities And Stockholders Equity5.7B7.6B8.3B8.4B8.3B4.9B
Non Current Liabilities Total168.1M171.8M217.8M319.4M307.8M179.2M
Inventory988.7M1.2B1.6B1.4B1.2B793.2M
Other Current Assets7.7M21.9M65.7M72.1M74.8M78.6M
Other Stockholder Equity637.2M1.2B1.2B1.2B(3.7B)(3.6B)
Total Liab2.3B2.8B3.3B3.3B2.8B1.9B
Total Current Assets3.4B5.0B5.1B4.7B4.6B2.7B
Short Term Debt85.8M78.5M34.4M76.8M64.8M61.6M
Intangible Assets387.6M406.5M412.0M451.1M492.7M323.2M
Property Plant Equipment1.8B1.8B2.0B2.5B2.9B1.5B
Short Term Investments0.43330M56M(89.4M)3.2B3.4B
Net Tangible Assets2.6B2.9B4.2B4.6B5.3B3.3B
Deferred Long Term Liab7.4M5.5M7.2M11.5M10.4M9.1M
Short Long Term Debt85.8M78.5M30.5M70.0M60.4M57.3M
Net Invested Capital3.5B4.8B5.1B5.1B5.4B4.8B
Net Working Capital1.2B2.3B2.0B1.7B2.1B1.7B

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Other Information on Investing in Era Stock

Balance Sheet is a snapshot of the financial position of Era Co at a specified time, usually calculated after every quarter, six months, or one year. Era Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Era and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Era currently owns. An asset can also be divided into two categories, current and non-current.