Eddy Common Stock vs Net Invested Capital Analysis

EDY Stock

2.50 0.10 3.85%

Eddy Smart financial indicator trend analysis is much more than just examining Eddy Smart Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eddy Smart Home is a good investment. Please check the relationship between Eddy Smart Common Stock and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eddy Smart Home. 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 vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eddy Smart Home Common Stock account and Net Invested Capital. At this time, the significance of the direction appears to have weak relationship.

The correlation between Eddy Smart's Common Stock and Net Invested Capital is 0.38. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Eddy Smart Home, assuming nothing else is changed. The correlation between historical values of Eddy Smart's Common Stock and Net Invested Capital 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 of Eddy Smart Home are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock i.e., Eddy Smart's Common Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Eddy Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eddy Smart Home 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 Eddy Smart Home. 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.

Selling General Administrative is likely to drop to about 6.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Other Operating Expenses	297.9K	13.0M	10.3M	6.5M
Depreciation And Amortization	321.3K	692.7K	810.2K	558.4K

Other Operating Expenses Depreciation And Amortization

Eddy Smart fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Currrent Assets Other	Other Assets	Net Receivables	Inventory	Other Current Assets
Total Assets		0.35	0.86	-0.26	0.57	-0.93	0.72	0.72	0.86	0.86	0.67	1.0	0.92	-0.6	0.92	-0.88	0.97	0.95	0.46	0.75	0.94	0.97	0.94	0.98	0.89	0.92
Other Current Liab	0.35		0.36	-0.2	-0.47	-0.37	0.1	0.1	-0.11	0.36	0.15	0.34	0.37	-0.31	0.37	-0.32	0.35	0.37	0.09	0.31	0.37	0.35	0.37	0.36	0.32	0.34
Total Current Liabilities	0.86	0.36		-0.69	0.65	-0.99	0.86	0.86	0.84	1.0	0.24	0.87	0.99	-0.91	0.99	-0.74	0.91	0.97	-0.01	0.9	0.98	0.91	0.98	0.87	0.7	0.78
Total Stockholder Equity	-0.26	-0.2	-0.69		-0.46	0.58	-0.75	-0.75	-0.42	-0.69	0.54	-0.29	-0.58	0.93	-0.58	0.07	-0.45	-0.51	0.73	-0.79	-0.53	-0.44	-0.55	-0.24	0.01	-0.1
Net Debt	0.57	-0.47	0.65	-0.46		-0.64	0.77	0.77	0.91	0.65	0.14	0.58	0.64	-0.59	0.64	-0.43	0.62	0.62	-0.04	0.63	0.62	0.61	0.63	0.54	0.4	0.46
Retained Earnings	-0.93	-0.37	-0.99	0.58	-0.64		-0.84	-0.84	-0.87	-0.99	-0.38	-0.94	-1.0	0.84	-1.0	0.81	-0.96	-1.0	-0.14	-0.88	-1.0	-0.95	-1.0	-0.93	-0.78	-0.85
Cash	0.72	0.1	0.86	-0.75	0.77	-0.84		1.0	0.84	0.86	0.01	0.74	0.82	-0.88	0.82	-0.4	0.86	0.8	-0.21	0.98	0.8	0.85	0.81	0.63	0.37	0.46
Cash And Short Term Investments	0.72	0.1	0.86	-0.75	0.77	-0.84	1.0		0.84	0.86	0.01	0.74	0.82	-0.88	0.82	-0.4	0.86	0.8	-0.21	0.98	0.8	0.85	0.81	0.63	0.37	0.46
Common Stock Shares Outstanding	0.86	-0.11	0.84	-0.42	0.91	-0.87	0.84	0.84		0.84	0.43	0.87	0.87	-0.68	0.87	-0.72	0.87	0.87	0.21	0.77	0.87	0.87	0.87	0.83	0.71	0.76
Total Liab	0.86	0.36	1.0	-0.69	0.65	-0.99	0.86	0.86	0.84		0.24	0.87	0.99	-0.91	0.99	-0.75	0.91	0.97	-0.01	0.9	0.98	0.91	0.98	0.87	0.71	0.78
Net Invested Capital	0.67	0.15	0.24	0.54	0.14	-0.38	0.01	0.01	0.43	0.24		0.65	0.38	0.18	0.38	-0.76	0.47	0.45	0.97	0.02	0.43	0.49	0.41	0.69	0.82	0.76
Total Current Assets	1.0	0.34	0.87	-0.29	0.58	-0.94	0.74	0.74	0.87	0.87	0.65		0.93	-0.62	0.93	-0.87	0.97	0.96	0.44	0.77	0.95	0.98	0.94	0.97	0.87	0.91
Capital Stock	0.92	0.37	0.99	-0.58	0.64	-1.0	0.82	0.82	0.87	0.99	0.38	0.93		-0.84	1.0	-0.83	0.94	1.0	0.14	0.86	1.0	0.94	1.0	0.93	0.79	0.86
Net Working Capital	-0.6	-0.31	-0.91	0.93	-0.59	0.84	-0.88	-0.88	-0.68	-0.91	0.18	-0.62	-0.84		-0.84	0.42	-0.74	-0.8	0.42	-0.92	-0.81	-0.73	-0.82	-0.59	-0.35	-0.46
Common Stock	0.92	0.37	0.99	-0.58	0.64	-1.0	0.82	0.82	0.87	0.99	0.38	0.93	1.0	-0.84		-0.83	0.94	1.0	0.14	0.86	1.0	0.94	1.0	0.93	0.79	0.86
Short Long Term Debt Total	-0.88	-0.32	-0.74	0.07	-0.43	0.81	-0.4	-0.4	-0.72	-0.75	-0.76	-0.87	-0.83	0.42	-0.83		-0.75	-0.86	-0.6	-0.44	-0.85	-0.76	-0.84	-0.96	-1.0	-1.0
Other Liab	0.97	0.35	0.91	-0.45	0.62	-0.96	0.86	0.86	0.87	0.91	0.47	0.97	0.94	-0.74	0.94	-0.75		0.96	0.25	0.89	0.95	1.0	0.95	0.91	0.75	0.8
Net Tangible Assets	0.95	0.37	0.97	-0.51	0.62	-1.0	0.8	0.8	0.87	0.97	0.45	0.96	1.0	-0.8	1.0	-0.86	0.96		0.21	0.84	1.0	0.95	1.0	0.96	0.83	0.89
Property Plant And Equipment Net	0.46	0.09	-0.01	0.73	-0.04	-0.14	-0.21	-0.21	0.21	-0.01	0.97	0.44	0.14	0.42	0.14	-0.6	0.25	0.21		-0.21	0.19	0.27	0.17	0.49	0.66	0.58
Current Deferred Revenue	0.75	0.31	0.9	-0.79	0.63	-0.88	0.98	0.98	0.77	0.9	0.02	0.77	0.86	-0.92	0.86	-0.44	0.89	0.84	-0.21		0.84	0.88	0.85	0.67	0.41	0.5
Accounts Payable	0.94	0.37	0.98	-0.53	0.62	-1.0	0.8	0.8	0.87	0.98	0.43	0.95	1.0	-0.81	1.0	-0.85	0.95	1.0	0.19	0.84		0.95	1.0	0.95	0.83	0.88
Non Currrent Assets Other	0.97	0.35	0.91	-0.44	0.61	-0.95	0.85	0.85	0.87	0.91	0.49	0.98	0.94	-0.73	0.94	-0.76	1.0	0.95	0.27	0.88	0.95		0.95	0.91	0.75	0.81
Other Assets	0.94	0.37	0.98	-0.55	0.63	-1.0	0.81	0.81	0.87	0.98	0.41	0.94	1.0	-0.82	1.0	-0.84	0.95	1.0	0.17	0.85	1.0	0.95		0.94	0.81	0.87
Net Receivables	0.98	0.36	0.87	-0.24	0.54	-0.93	0.63	0.63	0.83	0.87	0.69	0.97	0.93	-0.59	0.93	-0.96	0.91	0.96	0.49	0.67	0.95	0.91	0.94		0.95	0.98
Inventory	0.89	0.32	0.7	0.01	0.4	-0.78	0.37	0.37	0.71	0.71	0.82	0.87	0.79	-0.35	0.79	-1.0	0.75	0.83	0.66	0.41	0.83	0.75	0.81	0.95		0.99
Other Current Assets	0.92	0.34	0.78	-0.1	0.46	-0.85	0.46	0.46	0.76	0.78	0.76	0.91	0.86	-0.46	0.86	-1.0	0.8	0.89	0.58	0.5	0.88	0.81	0.87	0.98	0.99

Click cells to compare fundamentals

Eddy Smart Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Eddy Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Eddy Common Stock vs Net Invested Capital Analysis

Common Stock vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Common Stock

Net Invested Capital

Eddy Smart fundamental ratios Correlations

Eddy Smart Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Eddy Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Capital Stock
Net Tangible Assets	+ 1.0	Capital Stock
Accounts Payable	+ 1.0	Capital Stock

Other Current Assets	- 1.0	Short Long Term Debt Total
Inventory	- 1.0	Short Long Term Debt Total
Other Assets	- 1.0	Retained Earnings
Accounts Payable	- 1.0	Retained Earnings
Net Tangible Assets	- 1.0	Retained Earnings
Common Stock	- 1.0	Retained Earnings