Empyrean Long Term Debt vs Common Stock Shares Outstanding Analysis

301269 Stock   105.99  0.31  0.29%   
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 Long Term Debt and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empyrean Technology Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Empyrean Technology's Long Term Debt and Common Stock Shares Outstanding is -0.86. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Long Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Empyrean Technology Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Empyrean Technology's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Empyrean Technology has held for over one year. Long-term debt appears on Empyrean Technology Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Empyrean Technology Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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. 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 February 5, 2025, Selling General Administrative is expected to decline to about 44 M. In addition to that, Tax Provision is expected to decline to about (352.3 K)
 2022 2023 2024 2025 (projected)
Interest Income35.2M63.1M72.6M76.2M
Net Interest Income23.4M60.6M69.7M73.2M

Empyrean Technology fundamental ratios Correlations

-0.030.980.930.89-0.520.910.890.920.960.710.680.870.870.930.990.920.990.90.950.84-0.82-0.310.960.99-0.43
-0.030.170.020.050.8-0.010.230.22-0.120.670.090.410.460.05-0.110.32-0.140.380.220.010.52-0.160.16-0.17-0.23
0.980.170.910.9-0.330.90.930.960.930.820.650.960.950.920.940.960.930.970.980.85-0.7-0.270.990.94-0.48
0.930.020.910.98-0.541.00.960.870.940.670.680.810.821.00.930.870.920.850.910.95-0.82-0.380.920.94-0.7
0.890.050.90.98-0.480.990.970.840.930.640.650.820.790.980.870.820.870.820.920.98-0.76-0.270.930.9-0.74
-0.520.8-0.33-0.54-0.48-0.56-0.33-0.27-0.60.18-0.32-0.05-0.06-0.52-0.59-0.23-0.62-0.13-0.27-0.490.90.21-0.33-0.640.25
0.91-0.010.91.00.99-0.560.960.860.940.620.630.790.790.990.90.840.90.820.890.97-0.83-0.310.910.93-0.73
0.890.230.930.960.97-0.330.960.920.90.770.580.890.880.970.850.90.840.910.930.96-0.68-0.250.940.87-0.74
0.920.220.960.870.84-0.270.860.920.880.820.450.930.930.870.870.970.850.970.910.84-0.67-0.130.920.87-0.49
0.96-0.120.930.940.93-0.60.940.90.880.590.640.810.790.940.960.850.950.830.910.9-0.86-0.250.930.97-0.58
0.710.670.820.670.640.180.620.770.820.590.580.910.960.690.650.90.630.920.820.57-0.23-0.40.790.6-0.39
0.680.090.650.680.65-0.320.630.580.450.640.580.580.640.680.730.60.730.580.720.48-0.45-0.810.690.68-0.35
0.870.410.960.810.82-0.050.790.890.930.810.910.580.970.820.810.940.790.980.960.77-0.47-0.180.950.8-0.45
0.870.460.950.820.79-0.060.790.880.930.790.960.640.970.830.830.980.810.990.940.73-0.47-0.360.930.79-0.45
0.930.050.921.00.98-0.520.990.970.870.940.690.680.820.830.920.880.920.860.920.95-0.81-0.380.930.94-0.7
0.99-0.110.940.930.87-0.590.90.850.870.960.650.730.810.830.920.891.00.850.910.81-0.86-0.390.930.99-0.4
0.920.320.960.870.82-0.230.840.90.970.850.90.60.940.980.880.890.870.990.930.78-0.61-0.340.920.86-0.47
0.99-0.140.930.920.87-0.620.90.840.850.950.630.730.790.810.921.00.870.840.90.8-0.87-0.40.920.99-0.39
0.90.380.970.850.82-0.130.820.910.970.830.920.580.980.990.860.850.990.840.950.78-0.54-0.270.940.83-0.46
0.950.220.980.910.92-0.270.890.930.910.910.820.720.960.940.920.910.930.90.950.85-0.63-0.311.00.91-0.53
0.840.010.850.950.98-0.490.970.960.840.90.570.480.770.730.950.810.780.80.780.85-0.78-0.110.870.86-0.78
-0.820.52-0.7-0.82-0.760.9-0.83-0.68-0.67-0.86-0.23-0.45-0.47-0.47-0.81-0.86-0.61-0.87-0.54-0.63-0.780.2-0.68-0.890.41
-0.31-0.16-0.27-0.38-0.270.21-0.31-0.25-0.13-0.25-0.4-0.81-0.18-0.36-0.38-0.39-0.34-0.4-0.27-0.31-0.110.2-0.27-0.320.22
0.960.160.990.920.93-0.330.910.940.920.930.790.690.950.930.930.930.920.920.941.00.87-0.68-0.270.93-0.52
0.99-0.170.940.940.9-0.640.930.870.870.970.60.680.80.790.940.990.860.990.830.910.86-0.89-0.320.93-0.45
-0.43-0.23-0.48-0.7-0.740.25-0.73-0.74-0.49-0.58-0.39-0.35-0.45-0.45-0.7-0.4-0.47-0.39-0.46-0.53-0.780.410.22-0.52-0.45
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Empyrean Technology Account Relationship Matchups

Empyrean Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.8B5.4B5.5B6.4B3.3B
Total Current Liabilities256.0M346.6M440.4M491.6M565.4M376.7M
Total Stockholder Equity857.3M994.5M4.7B4.8B5.5B5.8B
Retained Earnings(23.4M)91.2M234.2M337.2M387.8M407.2M
Accounts Payable63.3M99.9M25.6M37.2M33.5M44.5M
Cash445.6M377.6M2.6B3.1B3.6B3.7B
Non Current Assets Total603.9M944.7M1.3B2.0B2.3B2.4B
Net Receivables225.8M196.3M222.4M301.1M346.2M231.9M
Non Current Liabilities Total258.1M460.4M303.2M260.6M299.7M286.7M
Inventory35.9M55.3M72.0M48.1M55.4M56.4M
Other Current Assets24.6M69.7M45.8M72.0M82.8M48.0M
Total Liab514.1M807.1M743.6M752.2M865.0M663.5M
Net Invested Capital975.5M1.2B4.7B4.9B5.6B5.9B
Total Current Assets767.5M856.9M4.1B3.6B4.1B2.2B
Net Working Capital511.5M510.2M3.7B3.1B3.5B1.8B
Intangible Assets206.4M278.8M266.7M319.4M367.3M249.3M

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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.