Empyrean Capital Expenditures vs Depreciation Analysis

301269 Stock

122.02 0.52 0.43%

Empyrean Technology financial indicator trend analysis is much more than just examining Empyrean Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empyrean Technology is a good investment. Please check the relationship between Empyrean Technology Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Empyrean Technology 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.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empyrean Technology Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Empyrean Technology's Capital Expenditures and Depreciation is 0.62. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Empyrean Technology Co, assuming nothing else is changed. The correlation between historical values of Empyrean Technology's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Empyrean Technology Co are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Empyrean Technology's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

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Capital Expenditures

Capital Expenditures are funds used by Empyrean Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Empyrean Technology operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Empyrean Technology value has been used up. For tax purposes Empyrean Technology can deduct the cost of the tangible assets it purchases as business expenses. However, Empyrean Technology Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Empyrean Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empyrean Technology 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 Empyrean Technology 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.

As of November 27, 2024, Selling General Administrative is expected to decline to about 134 M. In addition to that, Tax Provision is expected to decline to about (352.3 K)

	2021	2022	2023	2024 (projected)
Interest Income	2.4M	35.2M	63.1M	66.3M
Net Interest Income	341.4K	23.4M	60.6M	63.7M

Interest Income Net Interest Income

Empyrean Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Long Term Debt	Capital Lease Obligations	Property Plant And Equipment Gross	Short Term Investments	Good Will
Total Assets		0.07	0.96	1.0	0.88	-0.44	0.92	0.95	0.88	0.95	0.69	0.7	0.82	0.84	1.0	0.99	0.91	0.98	0.86	0.92	0.81	-0.76	-0.52	0.94	0.98	-0.54
Other Current Liab	0.07		0.33	-0.02	0.13	0.8	0.05	0.3	0.41	-0.07	0.76	0.12	0.59	0.6	0.02	-0.03	0.42	-0.07	0.55	0.38	0.1	0.51	-0.13	0.32	-0.1	-0.22
Total Current Liabilities	0.96	0.33		0.94	0.88	-0.2	0.88	0.99	0.94	0.9	0.84	0.66	0.94	0.95	0.95	0.92	0.97	0.9	0.96	0.97	0.81	-0.58	-0.47	0.98	0.91	-0.58
Total Stockholder Equity	1.0	-0.02	0.94		0.88	-0.51	0.92	0.93	0.84	0.96	0.62	0.69	0.77	0.78	1.0	0.99	0.88	0.99	0.82	0.89	0.81	-0.81	-0.51	0.92	0.99	-0.52
Retained Earnings	0.88	0.13	0.88	0.88		-0.4	0.98	0.87	0.79	0.92	0.6	0.65	0.77	0.75	0.88	0.86	0.79	0.85	0.77	0.91	0.96	-0.7	-0.42	0.93	0.89	-0.84
Accounts Payable	-0.44	0.8	-0.2	-0.51	-0.4		-0.52	-0.2	-0.12	-0.53	0.3	-0.27	0.14	0.09	-0.49	-0.54	-0.12	-0.56	0.03	-0.13	-0.43	0.9	0.28	-0.19	-0.58	0.26
Cash	0.92	0.05	0.88	0.92	0.98	-0.52		0.87	0.82	0.94	0.58	0.62	0.72	0.74	0.92	0.9	0.82	0.9	0.77	0.87	0.96	-0.81	-0.47	0.89	0.93	-0.81
Non Current Assets Total	0.95	0.3	0.99	0.93	0.87	-0.2	0.87		0.96	0.92	0.8	0.54	0.93	0.91	0.94	0.89	0.96	0.88	0.95	0.95	0.83	-0.6	-0.33	0.96	0.9	-0.6
Net Receivables	0.88	0.41	0.94	0.84	0.79	-0.12	0.82	0.96		0.83	0.84	0.41	0.9	0.92	0.86	0.81	0.99	0.79	0.96	0.86	0.79	-0.53	-0.3	0.88	0.81	-0.61
Common Stock Shares Outstanding	0.95	-0.07	0.9	0.96	0.92	-0.53	0.94	0.92	0.83		0.52	0.52	0.74	0.71	0.96	0.93	0.83	0.92	0.76	0.85	0.9	-0.83	-0.28	0.89	0.98	-0.65
Non Current Liabilities Total	0.69	0.76	0.84	0.62	0.6	0.3	0.58	0.8	0.84	0.52		0.55	0.93	0.97	0.64	0.61	0.89	0.58	0.94	0.83	0.51	-0.1	-0.48	0.8	0.54	-0.41
Inventory	0.7	0.12	0.66	0.69	0.65	-0.27	0.62	0.54	0.41	0.52	0.55		0.56	0.62	0.69	0.74	0.54	0.74	0.56	0.74	0.43	-0.4	-0.89	0.71	0.65	-0.27
Other Current Assets	0.82	0.59	0.94	0.77	0.77	0.14	0.72	0.93	0.9	0.74	0.93	0.56		0.97	0.79	0.74	0.93	0.71	0.97	0.95	0.7	-0.28	-0.33	0.93	0.72	-0.54
Total Liab	0.84	0.6	0.95	0.78	0.75	0.09	0.74	0.91	0.92	0.71	0.97	0.62	0.97		0.81	0.77	0.96	0.75	0.99	0.93	0.66	-0.32	-0.5	0.91	0.72	-0.5
Net Invested Capital	1.0	0.02	0.95	1.0	0.88	-0.49	0.92	0.94	0.86	0.96	0.64	0.69	0.79	0.81		0.99	0.89	0.99	0.84	0.9	0.81	-0.79	-0.51	0.93	0.99	-0.53
Total Current Assets	0.99	-0.03	0.92	0.99	0.86	-0.54	0.9	0.89	0.81	0.93	0.61	0.74	0.74	0.77	0.99		0.86	1.0	0.8	0.88	0.77	-0.81	-0.59	0.9	0.98	-0.49
Capital Stock	0.91	0.42	0.97	0.88	0.79	-0.12	0.82	0.96	0.99	0.83	0.89	0.54	0.93	0.96	0.89	0.86		0.84	0.98	0.91	0.75	-0.53	-0.43	0.91	0.83	-0.55
Net Working Capital	0.98	-0.07	0.9	0.99	0.85	-0.56	0.9	0.88	0.79	0.92	0.58	0.74	0.71	0.75	0.99	1.0	0.84		0.77	0.86	0.76	-0.82	-0.6	0.88	0.98	-0.47
Intangible Assets	0.86	0.55	0.96	0.82	0.77	0.03	0.77	0.95	0.96	0.76	0.94	0.56	0.97	0.99	0.84	0.8	0.98	0.77		0.93	0.71	-0.39	-0.42	0.92	0.76	-0.54
Property Plant And Equipment Net	0.92	0.38	0.97	0.89	0.91	-0.13	0.87	0.95	0.86	0.85	0.83	0.74	0.95	0.93	0.9	0.88	0.91	0.86	0.93		0.81	-0.5	-0.5	1.0	0.86	-0.62
Non Currrent Assets Other	0.81	0.1	0.81	0.81	0.96	-0.43	0.96	0.83	0.79	0.9	0.51	0.43	0.7	0.66	0.81	0.77	0.75	0.76	0.71	0.81		-0.72	-0.24	0.84	0.84	-0.92
Long Term Debt	-0.76	0.51	-0.58	-0.81	-0.7	0.9	-0.81	-0.6	-0.53	-0.83	-0.1	-0.4	-0.28	-0.32	-0.79	-0.81	-0.53	-0.82	-0.39	-0.5	-0.72		0.33	-0.56	-0.85	0.5
Capital Lease Obligations	-0.52	-0.13	-0.47	-0.51	-0.42	0.28	-0.47	-0.33	-0.3	-0.28	-0.48	-0.89	-0.33	-0.5	-0.51	-0.59	-0.43	-0.6	-0.42	-0.5	-0.24	0.33		-0.47	-0.45	0.14
Property Plant And Equipment Gross	0.94	0.32	0.98	0.92	0.93	-0.19	0.89	0.96	0.88	0.89	0.8	0.71	0.93	0.91	0.93	0.9	0.91	0.88	0.92	1.0	0.84	-0.56	-0.47		0.9	-0.64
Short Term Investments	0.98	-0.1	0.91	0.99	0.89	-0.58	0.93	0.9	0.81	0.98	0.54	0.65	0.72	0.72	0.99	0.98	0.83	0.98	0.76	0.86	0.84	-0.85	-0.45	0.9		-0.56
Good Will	-0.54	-0.22	-0.58	-0.52	-0.84	0.26	-0.81	-0.6	-0.61	-0.65	-0.41	-0.27	-0.54	-0.5	-0.53	-0.49	-0.55	-0.47	-0.54	-0.62	-0.92	0.5	0.14	-0.64	-0.56

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ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in Empyrean Stock

Balance Sheet is a snapshot of the financial position of Empyrean Technology at a specified time, usually calculated after every quarter, six months, or one year. Empyrean Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Empyrean Technology 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 Empyrean currently owns. An asset can also be divided into two categories, current and non-current.

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Empyrean Capital Expenditures vs Depreciation Analysis

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

Correlation Coefficient

Capital Expenditures

Depreciation

Empyrean Technology fundamental ratios Correlations

Empyrean Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Current Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets

Good Will	- 0.92	Non Currrent Assets Other
Capital Lease Obligations	- 0.89	Inventory
Short Term Investments	- 0.85	Long Term Debt
Good Will	- 0.84	Retained Earnings
Long Term Debt	- 0.83	Common Stock Shares Outstanding
Long Term Debt	- 0.82	Net Working Capital