Eastinco Net Debt vs Total Stockholder Equity Analysis

ATN Stock   51.00  3.00  5.56%   
Eastinco Mining financial indicator trend analysis is much more than just examining Eastinco Mining Expl latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastinco Mining Expl is a good investment. Please check the relationship between Eastinco Mining Net Debt and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eastinco Mining Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastinco Mining Expl Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eastinco Mining's Net Debt and Total Stockholder Equity is 0.22. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Eastinco Mining Exploration, assuming nothing else is changed. The correlation between historical values of Eastinco Mining's Net Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Eastinco Mining Exploration are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Eastinco Mining's Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Eastinco Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastinco Mining Expl 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 Eastinco Mining Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 1.8 M, whereas Issuance Of Capital Stock is forecasted to decline to about 531.4 K.
 2022 2023 2024 2025 (projected)
Interest Expense7K54K62.1K65.6K
Cost Of Revenue22K16K18.4K15.2K

Eastinco Mining fundamental ratios Correlations

0.80.540.990.31-0.890.160.610.610.880.770.690.670.860.930.860.670.90.30.88-0.830.220.540.77-0.740.7
0.80.910.720.57-0.910.580.30.30.590.710.650.930.720.930.840.610.670.30.65-0.56-0.230.670.87-0.890.84
0.540.910.430.76-0.770.810.060.060.330.550.530.970.520.730.660.60.420.340.4-0.31-0.360.60.69-0.770.7
0.990.720.430.22-0.830.040.640.640.880.760.650.570.850.90.840.620.90.270.88-0.840.280.50.73-0.70.65
0.310.570.760.22-0.520.65-0.33-0.330.170.340.280.740.230.450.550.570.330.40.28-0.24-0.140.430.4-0.470.4
-0.89-0.91-0.77-0.83-0.52-0.47-0.42-0.42-0.79-0.71-0.81-0.85-0.75-0.94-0.84-0.62-0.85-0.4-0.850.79-0.06-0.51-0.880.81-0.82
0.160.580.810.040.65-0.47-0.07-0.070.170.160.520.790.130.310.190.380.080.430.08-0.01-0.370.20.4-0.280.4
0.610.30.060.64-0.33-0.42-0.071.00.660.240.460.220.460.40.190.330.51-0.150.56-0.580.480.090.23-0.190.17
0.610.30.060.64-0.33-0.42-0.071.00.660.240.460.220.460.40.190.330.51-0.150.56-0.580.480.090.23-0.190.17
0.880.590.330.880.17-0.790.170.660.660.50.80.520.620.740.60.510.870.440.9-0.850.420.260.68-0.430.58
0.770.710.550.760.34-0.710.160.240.240.50.520.570.970.80.840.550.620.310.58-0.5-0.130.620.71-0.770.68
0.690.650.530.650.28-0.810.520.460.460.80.520.660.590.670.490.350.720.390.74-0.710.190.220.68-0.380.62
0.670.930.970.570.74-0.850.790.220.220.520.570.660.580.790.70.670.560.370.54-0.46-0.190.560.72-0.730.7
0.860.720.520.850.23-0.750.130.460.460.620.970.590.580.830.810.590.690.250.66-0.60.00.580.7-0.750.66
0.930.930.730.90.45-0.940.310.40.40.740.80.670.790.830.940.620.830.330.81-0.74-0.030.670.9-0.90.85
0.860.840.660.840.55-0.840.190.190.190.60.840.490.70.810.940.660.770.350.73-0.65-0.070.710.83-0.890.79
0.670.610.60.620.57-0.620.380.330.330.510.550.350.670.590.620.660.450.380.48-0.39-0.020.540.56-0.580.56
0.90.670.420.90.33-0.850.080.510.510.870.620.720.560.690.830.770.450.270.94-0.930.430.410.69-0.620.6
0.30.30.340.270.4-0.40.43-0.15-0.150.440.310.390.370.250.330.350.380.270.24-0.12-0.210.090.48-0.260.42
0.880.650.40.880.28-0.850.080.560.560.90.580.740.540.660.810.730.480.940.24-0.980.490.420.72-0.590.65
-0.83-0.56-0.31-0.84-0.240.79-0.01-0.58-0.58-0.85-0.5-0.71-0.46-0.6-0.74-0.65-0.39-0.93-0.12-0.98-0.61-0.3-0.590.5-0.51
0.22-0.23-0.360.28-0.14-0.06-0.370.480.480.42-0.130.19-0.190.0-0.03-0.07-0.020.43-0.210.49-0.61-0.21-0.240.26-0.31
0.540.670.60.50.43-0.510.20.090.090.260.620.220.560.580.670.710.540.410.090.42-0.3-0.210.61-0.730.67
0.770.870.690.730.4-0.880.40.230.230.680.710.680.720.70.90.830.560.690.480.72-0.59-0.240.61-0.830.98
-0.74-0.89-0.77-0.7-0.470.81-0.28-0.19-0.19-0.43-0.77-0.38-0.73-0.75-0.9-0.89-0.58-0.62-0.26-0.590.50.26-0.73-0.83-0.82
0.70.840.70.650.4-0.820.40.170.170.580.680.620.70.660.850.790.560.60.420.65-0.51-0.310.670.98-0.82
Click cells to compare fundamentals

Eastinco Mining Account Relationship Matchups

Eastinco Mining fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.7M3.8M4.1M4.2M4.8M5.1M
Other Current Liab52K122K308K340K391K410.6K
Total Current Liabilities110K197K595K793K912.0K957.5K
Total Stockholder Equity3.3M3.4M3.3M3.4M3.9M4.1M
Net Debt167K(38K)41K152K174.8K183.5K
Retained Earnings(5.3M)(6.6M)(11.0M)(12.0M)(10.8M)(10.3M)
Accounts Payable58K75K287K194K223.1K162.9K
Cash52K196K110K73K84.0K81.4K
Cash And Short Term Investments52K196K110K73K84.0K81.4K
Common Stock Shares Outstanding426.8M517.5M579.6M344.4M396.0M228.3M
Other Current Assets394K188K319K557K640.6K672.6K
Total Liab329K355K747K793K912.0K957.5K
Total Current Assets446K384K429K630K724.5K760.7K
Common Stock4.3M5.7M9.6M10.9M12.5M13.2M
Net Receivables386K128K298K532K611.8K642.4K
Liabilities And Stockholders Equity3.7M3.8M4.1M4.2M4.8M5.1M
Accumulated Other Comprehensive Income1.1M1.4M2.1M2.4M2.7M2.9M
Short Long Term Debt Total219K158K151K225K258.8K189.8K
Non Current Assets Total3.2M3.4M3.7M3.6M4.1M2.6M
Property Plant And Equipment Net1.0M1.2M3.7M3.6M4.1M2.2M

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Other Information on Investing in Eastinco Stock

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