EAST Stock | | | USD 0.65 0.02 2.99% |
Eastside Distilling financial indicator trend analysis is much more than just examining Eastside Distilling latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastside Distilling is a good investment. Please check the relationship between Eastside Distilling Capex To Revenue and its Payout Ratio accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Eastside Stock please use our
How to Invest in Eastside Distilling guide.
Capex To Revenue vs Payout Ratio
Capex To Revenue vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eastside Distilling Capex To Revenue account and
Payout Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Eastside Distilling's Capex To Revenue and Payout Ratio is -0.56. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Eastside Distilling, assuming nothing else is changed. The correlation between historical values of Eastside Distilling's Capex To Revenue and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Eastside Distilling are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Capex To Revenue i.e., Eastside Distilling's Capex To Revenue and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Payout Ratio
Payout Ratio is the proportion of Eastside Distilling earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Eastside Distilling dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Eastside Distilling is paying out more in dividends than it makes in net income.
Most indicators from Eastside Distilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastside Distilling 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 Eastside Distilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Eastside Stock please use our
How to Invest in Eastside Distilling guide.At this time, Eastside Distilling's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 4.7
M in 2024, whereas
Enterprise Value Multiple is likely to drop
(3.08) in 2024.
Eastside Distilling fundamental ratios Correlations
Click cells to compare fundamentals
Eastside Distilling Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastside Distilling fundamental ratios Accounts
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Additional Tools for Eastside Stock Analysis
When running Eastside Distilling's price analysis, check to
measure Eastside Distilling'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 Eastside Distilling is operating at the current time. Most of Eastside Distilling's value examination focuses on studying past and present price action to
predict the probability of Eastside Distilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastside Distilling's price. Additionally, you may evaluate how the addition of Eastside Distilling to your portfolios can decrease your overall portfolio volatility.