East Common Stock Shares Outstanding vs Other Liab Analysis

EAGR Stock   0.57  0.03  5.00%   
East Side financial indicator trend analysis is much more than just examining East Side Games latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether East Side Games is a good investment. Please check the relationship between East Side Common Stock Shares Outstanding and its Other Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in East Side Games. 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.

Common Stock Shares Outstanding vs Other Liab

Common Stock Shares Outstanding vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of East Side Games Common Stock Shares Outstanding account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between East Side's Common Stock Shares Outstanding and Other Liab is 0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Liab in the same time period over historical financial statements of East Side Games, assuming nothing else is changed. The correlation between historical values of East Side's Common Stock Shares Outstanding and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of East Side Games are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Common Stock Shares Outstanding i.e., East Side's Common Stock Shares Outstanding and Other Liab go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Liab

Most indicators from East Side's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into East Side Games 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 East Side Games. 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, East Side's Issuance Of Capital Stock is very stable compared to the past year. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 9.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit59.9M59.7M42.9M34.2M
Total Revenue93.2M116.3M87.0M65.4M

East Side fundamental ratios Correlations

0.750.930.830.48-0.82-0.950.930.830.990.480.160.990.96-0.860.550.590.920.920.910.930.91-0.90.340.590.56
0.750.910.40.63-0.75-0.780.710.740.750.570.180.720.66-0.690.940.250.660.930.690.640.66-0.690.670.510.04
0.930.910.650.52-0.9-0.910.930.910.930.650.250.910.88-0.80.780.420.831.00.860.830.82-0.80.580.560.3
0.830.40.650.36-0.63-0.870.740.610.830.10.00.840.83-0.830.10.880.950.620.740.950.94-0.88-0.10.580.91
0.480.630.520.36-0.33-0.620.360.340.56-0.14-0.610.40.45-0.770.430.310.530.550.170.530.57-0.58-0.070.760.27
-0.82-0.75-0.9-0.63-0.330.84-0.94-0.99-0.81-0.66-0.27-0.8-0.880.74-0.63-0.51-0.77-0.87-0.78-0.78-0.750.6-0.54-0.58-0.34
-0.95-0.78-0.91-0.87-0.620.84-0.9-0.83-0.96-0.330.0-0.93-0.940.94-0.53-0.71-0.97-0.9-0.82-0.98-0.980.91-0.23-0.75-0.64
0.930.710.930.740.36-0.94-0.90.960.930.60.220.90.96-0.790.540.510.840.90.840.860.82-0.720.410.60.47
0.830.740.910.610.34-0.99-0.830.960.830.670.240.810.89-0.740.620.460.750.880.770.770.73-0.590.530.590.32
0.990.750.930.830.56-0.81-0.960.930.830.420.060.970.96-0.890.530.580.920.910.860.930.92-0.90.270.660.57
0.480.570.650.1-0.14-0.66-0.330.60.670.420.760.50.41-0.160.7-0.090.260.640.640.240.21-0.230.91-0.17-0.27
0.160.180.250.0-0.61-0.270.00.220.240.060.760.240.040.250.36-0.10.040.240.50.0-0.02-0.050.73-0.57-0.25
0.990.720.910.840.4-0.8-0.930.90.810.970.50.240.94-0.810.540.610.920.890.950.910.9-0.90.360.520.56
0.960.660.880.830.45-0.88-0.940.960.890.960.410.040.94-0.870.430.640.90.850.830.920.9-0.790.230.720.62
-0.86-0.69-0.8-0.83-0.770.740.94-0.79-0.74-0.89-0.160.25-0.81-0.87-0.42-0.74-0.92-0.79-0.65-0.93-0.930.86-0.06-0.81-0.67
0.550.940.780.10.43-0.63-0.530.540.620.530.70.360.540.43-0.42-0.030.40.820.590.360.39-0.450.850.24-0.28
0.590.250.420.880.31-0.51-0.710.510.460.58-0.09-0.10.610.64-0.74-0.030.820.390.560.810.83-0.71-0.20.540.89
0.920.660.830.950.53-0.77-0.970.840.750.920.260.040.920.9-0.920.40.820.810.830.991.0-0.950.140.660.76
0.920.931.00.620.55-0.87-0.90.90.880.910.640.240.890.85-0.790.820.390.810.850.810.8-0.80.60.550.26
0.910.690.860.740.17-0.78-0.820.840.770.860.640.50.950.83-0.650.590.560.830.850.810.8-0.820.530.30.43
0.930.640.830.950.53-0.78-0.980.860.770.930.240.00.910.92-0.930.360.810.990.810.810.99-0.930.090.710.78
0.910.660.820.940.57-0.75-0.980.820.730.920.21-0.020.90.9-0.930.390.831.00.80.80.99-0.940.10.70.77
-0.9-0.69-0.8-0.88-0.580.60.91-0.72-0.59-0.9-0.23-0.05-0.9-0.790.86-0.45-0.71-0.95-0.8-0.82-0.93-0.94-0.15-0.54-0.67
0.340.670.58-0.1-0.07-0.54-0.230.410.530.270.910.730.360.23-0.060.85-0.20.140.60.530.090.1-0.15-0.19-0.48
0.590.510.560.580.76-0.58-0.750.60.590.66-0.17-0.570.520.72-0.810.240.540.660.550.30.710.7-0.54-0.190.55
0.560.040.30.910.27-0.34-0.640.470.320.57-0.27-0.250.560.62-0.67-0.280.890.760.260.430.780.77-0.67-0.480.55
Click cells to compare fundamentals

East Side Account Relationship Matchups

East Side fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3M21.0M82.3M80.2M69.5M43.6M
Other Current Liab2.6M329.2K20.7M4.5M4.1M5.1M
Total Current Liabilities233.8K8.9M33.8M19.8M14.1M12.7M
Total Stockholder Equity1.1M10.8M24.0M48.5M48.9M51.3M
Property Plant And Equipment Net823.8K90.7K680.7K545.5K423.6K502.5K
Net Debt273.0K(6.9M)(9.1M)(4.8M)(5.2M)(5.5M)
Retained Earnings(519.0K)(4.9M)(58.1M)(47.2M)(47.1M)(44.7M)
Accounts Payable233.8K8.5M12.0M11.3M8.4M7.0M
Cash32.6K7.2M9.2M5.7M5.2M4.7M
Non Current Assets Total1.2M10.3M58.6M61.8M48.4M28.8M
Non Currrent Assets Other(1.2M)1.5M2.8M1.1M153.8K146.1K
Cash And Short Term Investments32.6K7.2M9.2M5.7M5.2M6.3M
Net Receivables20.5K3.4M11.8M11.0M11.1M6.7M
Common Stock Shares Outstanding550K43.6M73.5M80.5M81.5M44.1M
Short Term Investments3.5M5.2M0.048.9K44.0K41.8K
Liabilities And Stockholders Equity1.3M21.0M82.3M80.2M69.5M43.4M
Other Current Assets2K627.4K1.1M1.7M4.7M5.0M
Other Stockholder Equity(59.8K)763.6K7.4M7.4M8.2M8.6M
Total Liab233.8K10.2M58.3M31.7M20.6M19.7M
Total Current Assets1.3M10.7M23.7M18.4M21.1M14.9M
Common Stock1.6M14.9M74.8M88.3M87.8M92.2M
Other Assets(1.2M)1.5M4.8M1.01.151.09

Pair Trading with East Side

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if East Side position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in East Side will appreciate offsetting losses from the drop in the long position's value.

Moving against East Stock

  0.75WMT Walmart Inc CDRPairCorr
  0.59CHE-UN Chemtrade LogisticsPairCorr
  0.57AMZN Amazon CDRPairCorr
  0.45NVDA NVIDIA CDRPairCorr
  0.42META Meta Platforms CDRPairCorr
The ability to find closely correlated positions to East Side could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace East Side when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back East Side - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling East Side Games to buy it.
The correlation of East Side is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as East Side moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if East Side Games moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for East Side can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in East Stock

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