| EAC Stock | | | CAD 0.01 0.00 0.00% |
Earth Alive financial indicator trend analysis is much more than just examining Earth Alive Clean latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Earth Alive Clean is a good investment. Please check the relationship between Earth Alive Cash and its Net Debt accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Earth Alive Clean. 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.
Cash vs Net Debt
Cash vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Earth Alive Clean Cash account and
Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Earth Alive's Cash and Net Debt is 0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Earth Alive Clean, assuming nothing else is changed. The correlation between historical values of Earth Alive's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Earth Alive Clean are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Earth Alive's Cash and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Earth Alive Clean, which is listed under current asset account on Earth Alive Clean balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Earth Alive customers. The amounts must be unrestricted with restricted cash listed in a different Earth Alive account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
Most indicators from Earth Alive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Earth Alive Clean 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Earth Alive Clean. 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.
Issuance Of Capital Stock is likely to climb to about 3.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.3
M in 2024.
Earth Alive fundamental ratios Correlations
Click cells to compare fundamentals
Earth Alive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Earth Alive fundamental ratios Accounts
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Additional Tools for Earth Stock Analysis
When running Earth Alive's price analysis, check to
measure Earth Alive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Earth Alive is operating at the current time. Most of Earth Alive's value examination focuses on studying past and present price action to
predict the probability of Earth Alive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Earth Alive's price. Additionally, you may evaluate how the addition of Earth Alive to your portfolios can decrease your overall portfolio volatility.