EBay Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

EBAY Stock  USD 63.24  1.83  2.98%   
EBay financial indicator trend analysis is much more than just examining eBay Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eBay Inc is a good investment. Please check the relationship between EBay Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eBay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eBay Inc Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between EBay's Common Stock Shares Outstanding and Cash And Short Term Investments is -0.61. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of eBay Inc, assuming nothing else is changed. The correlation between historical values of EBay's Common Stock Shares Outstanding and Cash And Short Term Investments 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 eBay Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., EBay's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

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

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of eBay Inc balance sheet. This account contains EBay investments that will expire within one year. These investments include stocks and bonds that can be liquidated by eBay Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from EBay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eBay Inc 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 eBay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, EBay's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 978.6 M in 2024, whereas Discontinued Operations is likely to drop slightly above 5.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.8B7.1B7.3B6.1B
Total Revenue10.4B9.8B10.1B8.2B

EBay fundamental ratios Correlations

0.180.880.920.890.91-0.330.170.780.850.860.040.850.85-0.580.030.290.320.810.150.940.080.620.620.590.21
0.18-0.17-0.06-0.240.240.810.430.56-0.210.510.290.3-0.3-0.650.910.49-0.50.670.04-0.070.680.69-0.520.760.46
0.88-0.170.990.860.82-0.60.00.530.890.55-0.060.670.98-0.24-0.30.20.450.610.150.96-0.220.280.670.26-0.02
0.92-0.060.990.860.85-0.520.070.580.890.63-0.050.720.96-0.32-0.210.210.390.690.160.97-0.080.360.640.340.04
0.89-0.240.860.860.75-0.650.00.530.910.65-0.110.730.9-0.34-0.350.020.530.460.140.92-0.150.350.840.280.08
0.910.240.820.850.75-0.250.210.810.770.780.230.740.77-0.70.110.440.210.820.210.850.020.730.570.710.13
-0.330.81-0.6-0.52-0.65-0.250.460.08-0.660.060.26-0.17-0.72-0.350.90.3-0.730.190.13-0.540.580.34-0.850.40.49
0.170.430.00.070.00.210.460.15-0.010.230.40.39-0.11-0.550.560.14-0.850.340.680.10.430.49-0.20.50.79
0.780.560.530.580.530.810.080.150.560.820.230.730.45-0.820.420.510.140.840.10.630.20.870.290.850.28
0.85-0.210.890.890.910.77-0.66-0.010.560.56-0.030.720.9-0.34-0.310.080.480.50.180.92-0.150.350.830.29-0.02
0.860.510.550.630.650.780.060.230.820.560.160.670.49-0.750.40.40.130.850.030.630.390.780.360.740.24
0.040.29-0.06-0.05-0.110.230.260.40.23-0.030.16-0.01-0.14-0.460.390.75-0.40.220.03-0.04-0.050.41-0.060.370.06
0.850.30.670.720.730.74-0.170.390.730.720.67-0.010.64-0.610.120.130.050.720.340.830.20.670.450.680.54
0.85-0.30.980.960.90.77-0.72-0.110.450.90.49-0.140.64-0.15-0.440.080.560.50.080.95-0.280.180.760.16-0.1
-0.58-0.65-0.24-0.32-0.34-0.7-0.35-0.55-0.82-0.34-0.75-0.46-0.61-0.15-0.65-0.50.3-0.71-0.39-0.38-0.4-0.99-0.14-0.94-0.53
0.030.91-0.3-0.21-0.350.110.90.560.42-0.310.40.390.12-0.44-0.650.48-0.670.510.24-0.220.570.65-0.60.680.54
0.290.490.20.210.020.440.30.140.510.080.40.750.130.08-0.50.48-0.130.55-0.050.17-0.040.52-0.130.530.0
0.32-0.50.450.390.530.21-0.73-0.850.140.480.13-0.40.050.560.3-0.67-0.13-0.06-0.50.39-0.44-0.240.61-0.28-0.62
0.810.670.610.690.460.820.190.340.840.50.850.220.720.5-0.710.510.55-0.060.120.660.360.770.120.80.3
0.150.040.150.160.140.210.130.680.10.180.030.030.340.08-0.390.24-0.05-0.50.120.210.010.320.010.320.68
0.94-0.070.960.970.920.85-0.540.10.630.920.63-0.040.830.95-0.38-0.220.170.390.660.21-0.130.420.690.410.15
0.080.68-0.22-0.08-0.150.020.580.430.2-0.150.39-0.050.2-0.28-0.40.57-0.04-0.440.360.01-0.130.39-0.310.40.35
0.620.690.280.360.350.730.340.490.870.350.780.410.670.18-0.990.650.52-0.240.770.320.420.390.140.980.5
0.62-0.520.670.640.840.57-0.85-0.20.290.830.36-0.060.450.76-0.14-0.6-0.130.610.120.010.69-0.310.140.04-0.28
0.590.760.260.340.280.710.40.50.850.290.740.370.680.16-0.940.680.53-0.280.80.320.410.40.980.040.53
0.210.46-0.020.040.080.130.490.790.28-0.020.240.060.54-0.1-0.530.540.0-0.620.30.680.150.350.5-0.280.53
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EBay Account Relationship Matchups

EBay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.7B19.3B26.6B20.9B21.6B19.0B
Short Long Term Debt Total8.2B8.1B9.3B9.3B8.2B4.8B
Other Current Liab2.4B3.4B2.4B2.5B3.1B3.3B
Total Current Liabilities3.8B4.0B4.6B4.3B4.5B4.3B
Total Stockholder Equity2.7B3.6B9.8B5.2B6.4B9.5B
Property Plant And Equipment Net2.1B1.9B1.5B1.8B1.7B1.4B
Net Debt7.3B6.7B7.9B7.1B6.2B6.5B
Retained Earnings17.6B23.0B36.1B34.3B36.5B38.4B
Accounts Payable251M278M262M261M267M201.8M
Cash923M1.4B1.4B2.2B2.0B2.6B
Non Current Assets Total13.2B12.1B17.5B11.6B10.6B10.6B
Non Currrent Assets Other414M1.2B583M581M265M479.6M
Cash And Short Term Investments2.8B3.8B7.3B7.5B9.0B4.9B
Net Receivables691M652M779M975M1.2B1.1B
Common Stock Shares Outstanding856M718M652M558M533M506.4M
Liabilities And Stockholders Equity17.7B19.3B26.6B20.9B21.6B19.0B
Non Current Liabilities Total11.2B11.7B12.2B11.4B10.7B11.2B
Other Current Assets1.1B3.0B1.0B966M795M854.6M
Other Stockholder Equity(15.3B)(20.0B)(26.7B)(29.4B)(30.3B)(28.8B)
Total Liab15.0B15.7B16.8B15.7B15.2B9.5B
Property Plant And Equipment Gross2.1B1.9B1.5B1.8B6.9B7.3B
Total Current Assets4.6B7.2B9.1B9.3B11.0B8.4B
Accumulated Other Comprehensive Income387M616M398M259M185M175.8M
Short Term Debt1.0B160M1.5B1.3B868M623.1M
Intangible Assets62M12M8M115M114M108.3M
Short Term Investments1.9B2.4B5.9B5.3B7.0B7.4B
Other Liab4.0B3.6B4.3B3.3B3.8B4.0B
Other Assets5.6B6.1B3.8B3.6B4.2B4.4B
Long Term Debt6.7B7.7B7.7B7.7B7.0B4.7B
Good Will4.9B4.7B4.2B4.3B4.3B5.8B
Property Plant Equipment2.0B1.4B1.5B1.2B1.4B1.5B
Treasury Stock(31.4B)(36.5B)(43.4B)(46.7B)(42.0B)(39.9B)
Net Tangible Assets(1.7B)3.5B5.6B891M801.9M761.8M
Long Term Debt Total6.7B7.7B7.7B7.7B8.9B7.1B

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Additional Tools for EBay Stock Analysis

When running EBay's price analysis, check to measure EBay'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 EBay is operating at the current time. Most of EBay's value examination focuses on studying past and present price action to predict the probability of EBay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EBay's price. Additionally, you may evaluate how the addition of EBay to your portfolios can decrease your overall portfolio volatility.