Eagle Other Assets vs Total Current Assets Analysis
ECCC Stock | USD 23.55 0.15 0.63% |
Eagle Point financial indicator trend analysis is much more than just examining Eagle Point Credit latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Point Credit is a good investment. Please check the relationship between Eagle Point Other Assets and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Other Assets vs Total Current Assets
Other Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Point Credit Other Assets account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eagle Point's Other Assets and Total Current Assets is -0.01. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Eagle Point Credit, assuming nothing else is changed. The correlation between historical values of Eagle Point's Other Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Eagle Point Credit are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Assets i.e., Eagle Point's Other Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Eagle Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Point Credit 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 Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Eagle Point's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 5.94, whereas Issuance Of Capital Stock is forecasted to decline to about 143.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 81.9M | 111.0M | 131.7M | 89.7M | Net Interest Income | 67.4M | 96.9M | 118.1M | 75.0M |
Eagle Point fundamental ratios Correlations
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Eagle Point Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eagle Point fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 474.8M | 512.6M | 768.0M | 760.2M | 954.5M | 654.4M | |
Total Current Liabilities | 4.2M | 6.4M | 18.6M | 27.4M | 836.4K | 794.6K | |
Total Stockholder Equity | 303.3M | 361.7M | 526.2M | 499.3M | 735.8M | 452.7M | |
Net Debt | 66.9M | 88.0M | 126.8M | 93.9M | 111.3M | 81.3M | |
Cash | 32.9M | 4.8M | 13.9M | 56.8M | 46.4M | 32.2M | |
Non Current Assets Total | 428.7M | 483.5M | 730.7M | 667.2M | 870.7M | 595.9M | |
Cash And Short Term Investments | 32.9M | 4.8M | 13.9M | 56.8M | 46.4M | 32.2M | |
Net Receivables | 12.7M | 23.9M | 23.1M | 35.9M | 34.6M | 25.5M | |
Liabilities And Stockholders Equity | 474.8M | 512.6M | 768.0M | 760.2M | 954.5M | 654.4M | |
Other Stockholder Equity | (1.1M) | 1.0 | (2.2M) | (26.1M) | (1.4M) | (1.3M) | |
Total Liab | 99.8M | 150.9M | 241.8M | 260.9M | 218.7M | 178.9M | |
Total Current Assets | 45.6M | 28.7M | 37.0M | 92.8M | 83.8M | 58.1M | |
Short Long Term Debt Total | 99.8M | 92.8M | 140.7M | 150.8M | 157.7M | 129.7M | |
Net Tangible Assets | 303.3M | 361.7M | 502.3M | 499.3M | 574.2M | 416.0M | |
Retained Earnings | (148.4M) | (91.0M) | (13.0M) | (224.9M) | (221.4M) | (210.4M) | |
Non Currrent Assets Other | (474.8M) | (512.6M) | (768.0M) | (760.2M) | (870.7M) | (914.3M) | |
Other Assets | 425.8K | 426.9K | 338.4K | 237.3K | (8.2K) | (7.8K) | |
Common Stock Shares Outstanding | 28.6M | 32.4M | 37.5M | 46.9M | 76.9M | 41.5M | |
Non Current Liabilities Total | 99.8M | 92.8M | 140.7M | 27.4M | 157.7M | 98.9M | |
Net Invested Capital | 403.0M | 454.5M | 643.0M | 650.0M | 866.1M | 597.5M | |
Long Term Investments | 428.7M | 483.5M | 730.7M | 667.2M | 870.7M | 647.0M | |
Common Stock | 452.8M | 452.1M | 517.5M | 719.7M | 931.1M | 607.7M | |
Capital Stock | 452.8M | 452.1M | 541.4M | 719.7M | 958.6M | 652.7M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Eagle Point Credit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Point's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eagle Point Credit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Point Credit Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eagle Point. If investors know Eagle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eagle Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.181 | Earnings Share 1.824 | Revenue Per Share 1.621 | Quarterly Revenue Growth 0.332 | Return On Assets 0.0712 |
The market value of Eagle Point Credit is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.