Eastside Total Assets vs Retained Earnings Analysis

EAST Stock  USD 0.55  0.06  12.24%   
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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastside Distilling Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Eastside Distilling's Total Assets and Retained Earnings is -0.72. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Eastside Distilling are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Eastside Distilling's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Eastside Distilling assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Eastside Distilling books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.
 2021 2022 2023 2024 (projected)
Gross Profit2.9M2.4M1.1M1.9M
Total Revenue12.4M13.9M10.5M6.8M

Eastside Distilling fundamental ratios Correlations

0.820.420.660.560.240.63-0.720.850.390.390.95-0.460.620.650.780.910.870.74-0.430.910.710.76-0.190.820.67
0.820.360.680.220.440.89-0.880.670.110.110.78-0.420.780.580.870.860.530.85-0.280.890.610.66-0.270.620.76
0.420.360.91-0.210.070.34-0.280.3-0.07-0.070.16-0.160.160.830.220.620.280.68-0.160.460.23-0.05-0.630.79-0.06
0.660.680.91-0.080.210.64-0.570.49-0.03-0.030.46-0.260.440.880.520.830.430.9-0.220.720.420.24-0.610.860.26
0.560.22-0.21-0.08-0.15-0.14-0.120.40.870.870.68-0.30.090.190.280.160.820.13-0.360.220.090.320.590.140.32
0.240.440.070.21-0.150.63-0.770.32-0.15-0.150.19-0.170.870.070.740.320.060.12-0.060.370.310.48-0.130.260.77
0.630.890.340.64-0.140.63-0.90.52-0.28-0.280.57-0.310.850.450.840.80.220.72-0.170.850.660.67-0.510.560.76
-0.72-0.88-0.28-0.57-0.12-0.77-0.9-0.71-0.05-0.05-0.680.41-0.98-0.39-0.98-0.78-0.47-0.620.27-0.8-0.61-0.760.21-0.59-0.92
0.850.670.30.490.40.320.52-0.710.310.310.79-0.340.630.350.740.810.740.48-0.260.760.710.79-0.120.720.67
0.390.11-0.07-0.030.87-0.15-0.28-0.050.311.00.46-0.240.020.160.20.020.770.12-0.28-0.02-0.230.040.740.080.18
0.390.11-0.07-0.030.87-0.15-0.28-0.050.311.00.46-0.240.020.160.20.020.770.12-0.28-0.02-0.230.040.740.080.18
0.950.780.160.460.680.190.57-0.680.790.460.46-0.420.590.480.760.780.850.63-0.380.830.660.790.00.620.71
-0.46-0.42-0.16-0.26-0.3-0.17-0.310.41-0.34-0.24-0.24-0.42-0.38-0.26-0.44-0.4-0.43-0.310.97-0.4-0.19-0.37-0.03-0.29-0.41
0.620.780.160.440.090.870.85-0.980.630.020.020.59-0.380.270.970.660.40.47-0.240.710.550.75-0.150.490.95
0.650.580.830.880.190.070.45-0.390.350.160.160.48-0.260.270.390.680.510.83-0.290.630.280.1-0.470.730.14
0.780.870.220.520.280.740.84-0.980.740.20.20.76-0.440.970.390.760.590.6-0.320.80.590.79-0.090.580.95
0.910.860.620.830.160.320.8-0.780.810.020.020.78-0.40.660.680.760.610.83-0.320.970.80.72-0.520.910.6
0.870.530.280.430.820.060.22-0.470.740.770.770.85-0.430.40.510.590.610.51-0.450.580.370.530.240.620.5
0.740.850.680.90.130.120.72-0.620.480.120.120.63-0.310.470.830.60.830.51-0.230.780.40.32-0.410.70.38
-0.43-0.28-0.16-0.22-0.36-0.06-0.170.27-0.26-0.28-0.28-0.380.97-0.24-0.29-0.32-0.32-0.45-0.23-0.32-0.13-0.3-0.03-0.27-0.28
0.910.890.460.720.220.370.85-0.80.76-0.02-0.020.83-0.40.710.630.80.970.580.78-0.320.860.8-0.50.820.69
0.710.610.230.420.090.310.66-0.610.71-0.23-0.230.66-0.190.550.280.590.80.370.4-0.130.860.86-0.550.710.56
0.760.66-0.050.240.320.480.67-0.760.790.040.040.79-0.370.750.10.790.720.530.32-0.30.80.86-0.170.540.84
-0.19-0.27-0.63-0.610.59-0.13-0.510.21-0.120.740.740.0-0.03-0.15-0.47-0.09-0.520.24-0.41-0.03-0.5-0.55-0.17-0.550.05
0.820.620.790.860.140.260.56-0.590.720.080.080.62-0.290.490.730.580.910.620.7-0.270.820.710.54-0.550.39
0.670.76-0.060.260.320.770.76-0.920.670.180.180.71-0.410.950.140.950.60.50.38-0.280.690.560.840.050.39
Click cells to compare fundamentals

Eastside Distilling Account Relationship Matchups

Eastside Distilling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.9M31.7M33.6M21.5M17.5M15.3M
Short Long Term Debt Total9.2M13.3M18.1M19.0M13.9M7.0M
Other Current Liab896.1K17.6M52K2.2M575K546.3K
Total Current Liabilities6.1M30.3M9.5M13.0M4.2M6.0M
Total Stockholder Equity7.3M(1.1M)13.4M(1.5M)853K810.4K
Current Deferred Revenue1.7K1.7K23K18K88K92.4K
Net Debt8.9M12.4M14.8M18.3M13.5M14.2M
Retained Earnings(44.2M)(54.1M)(58.6M)(75.0M)(82.7M)(78.6M)
Accounts Payable2.9M1.9M1.3M1.7M2.1M1.3M
Cash343.3K836K3.3M723K403K382.9K
Cash And Short Term Investments343.3K836K3.3M723K403K382.9K
Net Receivables1.3M694K1.4M876K559K633.1K
Common Stock Total Equity489.0876.0967.01K900.01.5K
Common Stock Shares Outstanding463.8K501.3K635.4K766.9K1.1M1.1M
Liabilities And Stockholders Equity35.9M31.7M33.6M21.5M17.5M15.3M
Other Current Assets407.5K4.6M2.9M579K363K344.9K
Other Stockholder Equity51.6M53.0M72.0M73.5M83.6M87.7M
Total Liab28.5M32.8M20.2M23.0M16.6M11.6M
Total Current Assets14.5M12.8M14.1M6.6M4.5M7.5M
Common Stock876.0967.01K2K1.8K1.5K
Non Current Assets Total21.4M18.9M19.5M14.9M12.9M9.2M
Non Currrent Assets Other1.2M474K457K369K568K333.4K
Non Current Liabilities Total22.4M2.6M10.7M10.0M12.4M13.0M
Net Tangible Assets18.4M(7.4M)(15.1M)(225K)(202.5K)(192.4K)
Other Assets496.3K1.2M1.7M457K525.6K509.6K
Long Term Debt6.6M1.7M8.2M7.8M10.6M11.1M
Capital Surpluse23.2M45.9M51.6M53.0M60.9M64.0M
Inventory12.4M6.7M6.5M4.4M3.2M5.0M
Deferred Long Term Liab467.0K672.9K228K171K196.7K223.0K
Intangible Assets14.7M14.0M13.8M5.9M5.0M5.5M
Property Plant Equipment1.8M5.5M4.4M5.4M6.2M6.5M
Property Plant And Equipment Net5.5M4.4M5.4M8.7M7.4M3.8M
Long Term Debt Total2.2M5.2M6.6M1.7M1.9M2.5M
Property Plant And Equipment Gross5.5M3.1M5.4M8.7M12.0M12.6M

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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.