8Common Good Will vs Common Stock Shares Outstanding Analysis

8CO Stock

0.03 0 10.71%

8Common financial indicator trend analysis is way more than just evaluating 8Common prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 8Common is a good investment. Please check the relationship between 8Common Good Will and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 8Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Good Will vs Common Stock Shares Outstanding

Good Will vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 8Common Good Will account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between 8Common's Good Will and Common Stock Shares Outstanding is -0.79. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of 8Common, assuming nothing else is changed. The correlation between historical values of 8Common's Good Will 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 Good Will of 8Common 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 Good Will i.e., 8Common's Good Will and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.79

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 8Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 8Common 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 8Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, 8Common's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 4.3 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	1.4M	1.6M	6.0M	6.3M
Cost Of Revenue	5.5M	8.1M	4.7M	4.2M

Total Operating Expenses Cost Of Revenue

8Common fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		-0.66	-0.23	-0.3	0.87	0.39	-0.19	-0.5	-0.58	0.09	0.77	-0.47	0.24	0.77	-0.39	0.32	0.19	-0.03	0.72	-0.71	-0.66	0.56	0.17	-0.06	0.04	-0.71
Short Long Term Debt Total	-0.66		0.38	0.43	-0.47	-0.77	0.73	0.27	0.65	-0.4	-0.68	0.34	0.09	-0.8	0.49	0.16	0.13	0.18	-0.87	0.88	0.81	-0.84	0.16	-0.33	0.0	0.38
Other Current Liab	-0.23	0.38		0.64	-0.4	-0.52	0.37	0.12	0.2	0.15	-0.39	-0.12	-0.36	-0.29	0.85	0.19	-0.4	0.24	-0.29	0.37	0.42	-0.16	0.27	-0.14	0.55	0.34
Total Current Liabilities	-0.3	0.43	0.64		-0.55	-0.53	0.24	0.59	0.16	0.32	-0.51	0.41	-0.42	-0.51	0.63	0.06	-0.35	-0.03	-0.52	0.29	0.43	-0.36	0.42	-0.02	0.82	0.56
Total Stockholder Equity	0.87	-0.47	-0.4	-0.55		0.38	-0.08	-0.58	-0.46	-0.12	0.84	-0.47	0.45	0.69	-0.57	0.29	0.39	0.02	0.69	-0.53	-0.58	0.44	0.11	-0.08	-0.22	-0.9
Other Liab	0.39	-0.77	-0.52	-0.53	0.38		-0.92	-0.14	-0.4	0.19	0.55	-0.12	0.12	0.72	-0.8	-0.16	0.09	-0.24	0.82	-0.69	-0.67	0.83	-0.46	0.26	-0.07	-0.28
Net Tangible Assets	-0.19	0.73	0.37	0.24	-0.08	-0.92		-0.13	0.42	-0.41	-0.36	-0.03	0.14	-0.53	0.62	0.26	0.13	0.26	-0.69	0.66	0.6	-0.79	0.36	-0.35	-0.18	0.0
Property Plant And Equipment Net	-0.5	0.27	0.12	0.59	-0.58	-0.14	-0.13		0.21	0.21	-0.55	0.86	-0.4	-0.47	0.19	-0.28	-0.24	0.25	-0.4	0.31	0.39	-0.13	0.04	0.14	0.53	0.72
Current Deferred Revenue	-0.58	0.65	0.2	0.16	-0.46	-0.4	0.42	0.21		-0.73	-0.76	0.53	0.41	-0.38	0.27	0.2	0.47	-0.21	-0.58	0.88	0.9	-0.42	-0.57	-0.4	-0.08	0.49
Net Debt	0.09	-0.4	0.15	0.32	-0.12	0.19	-0.41	0.21	-0.73		0.31	-0.18	-0.87	0.12	0.11	-0.48	-0.88	0.11	0.25	-0.61	-0.57	0.26	0.5	0.61	0.46	0.01
Retained Earnings	0.77	-0.68	-0.39	-0.51	0.84	0.55	-0.36	-0.55	-0.76	0.31		-0.64	0.08	0.69	-0.57	-0.12	0.0	-0.03	0.83	-0.82	-0.88	0.59	0.23	0.37	-0.13	-0.9
Accounts Payable	-0.47	0.34	-0.12	0.41	-0.47	-0.12	-0.03	0.86	0.53	-0.18	-0.64		-0.03	-0.36	0.0	-0.1	0.15	-0.03	-0.45	0.47	0.57	-0.2	-0.3	-0.08	0.31	0.68
Cash	0.24	0.09	-0.36	-0.42	0.45	0.12	0.14	-0.4	0.41	-0.87	0.08	-0.03		0.15	-0.44	0.53	0.98	-0.33	0.1	0.22	0.2	-0.01	-0.43	-0.52	-0.39	-0.33
Non Current Assets Total	0.77	-0.8	-0.29	-0.51	0.69	0.72	-0.53	-0.47	-0.38	0.12	0.69	-0.36	0.15		-0.54	0.11	0.09	-0.21	0.89	-0.69	-0.65	0.85	-0.35	0.09	-0.03	-0.57
Non Currrent Assets Other	-0.39	0.49	0.85	0.63	-0.57	-0.8	0.62	0.19	0.27	0.11	-0.57	0.0	-0.44	-0.54		0.04	-0.46	0.3	-0.61	0.51	0.55	-0.49	0.37	-0.11	0.32	0.48
Other Assets	0.32	0.16	0.19	0.06	0.29	-0.16	0.26	-0.28	0.2	-0.48	-0.12	-0.1	0.53	0.11	0.04		0.5	-0.13	-0.05	0.2	0.28	-0.08	-0.07	-0.94	0.04	-0.1
Cash And Short Term Investments	0.19	0.13	-0.4	-0.35	0.39	0.09	0.13	-0.24	0.47	-0.88	0.0	0.15	0.98	0.09	-0.46	0.5		-0.32	0.04	0.27	0.27	-0.03	-0.45	-0.52	-0.33	-0.24
Net Receivables	-0.03	0.18	0.24	-0.03	0.02	-0.24	0.26	0.25	-0.21	0.11	-0.03	-0.03	-0.33	-0.21	0.3	-0.13	-0.32		-0.14	0.12	-0.01	-0.11	0.43	0.04	-0.1	0.07
Good Will	0.72	-0.87	-0.29	-0.52	0.69	0.82	-0.69	-0.4	-0.58	0.25	0.83	-0.45	0.1	0.89	-0.61	-0.05	0.04	-0.14		-0.8	-0.79	0.93	-0.2	0.27	0.03	-0.63
Common Stock Total Equity	-0.71	0.88	0.37	0.29	-0.53	-0.69	0.66	0.31	0.88	-0.61	-0.82	0.47	0.22	-0.69	0.51	0.2	0.27	0.12	-0.8		0.97	-0.68	-0.2	-0.44	-0.08	0.52
Common Stock Shares Outstanding	-0.66	0.81	0.42	0.43	-0.58	-0.67	0.6	0.39	0.9	-0.57	-0.88	0.57	0.2	-0.65	0.55	0.28	0.27	-0.01	-0.79	0.97		-0.62	-0.23	-0.49	0.09	0.63
Non Current Liabilities Total	0.56	-0.84	-0.16	-0.36	0.44	0.83	-0.79	-0.13	-0.42	0.26	0.59	-0.2	-0.01	0.85	-0.49	-0.08	-0.03	-0.11	0.93	-0.68	-0.62		-0.37	0.27	0.21	-0.33
Other Current Assets	0.17	0.16	0.27	0.42	0.11	-0.46	0.36	0.04	-0.57	0.5	0.23	-0.3	-0.43	-0.35	0.37	-0.07	-0.45	0.43	-0.2	-0.2	-0.23	-0.37		0.18	0.25	-0.2
Other Stockholder Equity	-0.06	-0.33	-0.14	-0.02	-0.08	0.26	-0.35	0.14	-0.4	0.61	0.37	-0.08	-0.52	0.09	-0.11	-0.94	-0.52	0.04	0.27	-0.44	-0.49	0.27	0.18		0.12	-0.12
Total Liab	0.04	0.0	0.55	0.82	-0.22	-0.07	-0.18	0.53	-0.08	0.46	-0.13	0.31	-0.39	-0.03	0.32	0.04	-0.33	-0.1	0.03	-0.08	0.09	0.21	0.25	0.12		0.3
Property Plant And Equipment Gross	-0.71	0.38	0.34	0.56	-0.9	-0.28	0.0	0.72	0.49	0.01	-0.9	0.68	-0.33	-0.57	0.48	-0.1	-0.24	0.07	-0.63	0.52	0.63	-0.33	-0.2	-0.12	0.3

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8Common Account Relationship Matchups

8Common fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.4M	7.0M	8.7M	5.7M	3.1M	5.7M
Other Current Liab	689.6K	836.3K	1.0M	259.8K	1.9M	1.0M
Total Current Liabilities	1.0M	1.7M	1.7M	2.6M	2.7M	2.1M
Total Stockholder Equity	4.3M	5.1M	6.9M	3.0M	417.3K	396.4K
Other Liab	50.6K	95.1K	93.2K	128.7K	115.8K	108.8K
Net Tangible Assets	2.6M	2.8M	3.1M	454.4K	522.6K	496.5K
Property Plant And Equipment Net	12.9K	23.8K	13.6K	99.2K	62.2K	38.1K
Current Deferred Revenue	319.6K	461.3K	379.6K	380.8K	436.7K	269.5K
Net Debt	(1.8M)	(3.2M)	(3.3M)	(1.1M)	(131.7K)	(138.3K)
Retained Earnings	(5.4M)	(6.7M)	(9.2M)	(13.0M)	(15.3M)	(14.5M)
Accounts Payable	37.5K	449.9K	349.1K	1.9M	766.5K	455.2K
Cash	1.8M	3.2M	3.3M	1.1M	131.7K	125.2K
Non Current Assets Total	3.2M	3.5M	5.1M	3.0M	2.2M	3.5M
Non Currrent Assets Other	(1.2M)	(1.2M)	(1.4M)	(2.7M)	2.1M	2.2M
Cash And Short Term Investments	1.8M	3.2M	3.3M	1.8M	131.7K	125.2K
Net Receivables	244.4K	139.6K	325.4K	809.2K	694.5K	572.9K
Common Stock Shares Outstanding	167.0M	194.6M	219.2M	224.1M	257.7M	144.8M
Liabilities And Stockholders Equity	5.4M	7.0M	8.7M	5.7M	3.1M	5.7M
Non Current Liabilities Total	50.6K	95.1K	93.2K	128.7K	69.8K	66.3K
Other Current Assets	95.9K	108.4K	73.1K	134.8K	109.5K	104.0K
Other Stockholder Equity	(1.2M)	(1.0)	(7.6M)	(870.2K)	(783.2K)	(822.4K)
Total Liab	1.1M	1.8M	1.8M	2.7M	2.7M	1.7M
Property Plant And Equipment Gross	10.5K	12.9K	57.4K	166.6K	191.6K	201.2K
Total Current Assets	2.2M	3.5M	3.7M	2.8M	935.7K	888.9K
Accumulated Other Comprehensive Income	(1.2M)	(1.3M)	(683.1K)	(870.2K)	(1.2M)	(1.2M)
Short Term Debt	319.6K	461.3K	379.6K	380.8K	342.7K	406.5K
Intangible Assets	1.8M	2.3M	3.8M	2.6M	2.1M	2.1M
Common Stock	11.0M	13.1M	16.8M	16.9M	19.5M	12.1M
Property Plant Equipment	12.9K	23.8K	13.6K	99.2K	114.0K	119.7K
Net Invested Capital	4.3M	5.1M	6.9M	3.0M	417.3K	396.4K
Cash And Equivalents	1.8M	3.2M	3.3M	1.8M	2.1M	1.9M
Net Working Capital	1.1M	1.7M	1.9M	193.2K	(1.7M)	(1.6M)
Long Term Investments	1.3M	985.0K	1.3M	290.8K	43.5K	41.3K
Capital Stock	11.0M	13.1M	16.8M	16.9M	19.5M	15.5M

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