Emerald Ebit vs Gross Profit Analysis

EEX Stock  USD 5.06  0.20  4.12%   
Emerald Expositions financial indicator trend analysis is much more than just examining Emerald Expositions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerald Expositions is a good investment. Please check the relationship between Emerald Expositions Ebit and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerald Expositions Events. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerald Expositions Ebit account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Emerald Expositions' Ebit and Gross Profit is 0.75. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Emerald Expositions Events, assuming nothing else is changed. The correlation between historical values of Emerald Expositions' Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Emerald Expositions Events are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., Emerald Expositions' Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Emerald Expositions Events minus its cost of goods sold. It is profit before Emerald Expositions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Emerald Expositions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerald Expositions 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 Emerald Expositions Events. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Emerald Expositions' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 11.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 128 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense15.8M24.5M43.3M28.6M
Depreciation And Amortization50.9M62.9M45M51.6M

Emerald Expositions fundamental ratios Correlations

0.690.74-0.28-0.350.30.72-0.68-0.370.150.630.64-0.44-0.460.61-0.6-0.930.71-0.46-0.650.54-0.760.70.54-0.390.29
0.690.78-0.790.080.760.92-0.94-0.710.590.910.99-0.24-0.940.99-0.89-0.560.76-0.94-0.430.96-0.710.760.28-0.610.69
0.740.78-0.55-0.450.410.94-0.92-0.680.080.930.77-0.78-0.720.78-0.78-0.591.0-0.72-0.790.63-0.941.00.57-0.640.4
-0.28-0.79-0.55-0.25-0.76-0.720.790.64-0.72-0.77-0.840.10.89-0.820.640.05-0.550.890.06-0.840.38-0.540.020.64-0.9
-0.350.08-0.45-0.250.16-0.20.1-0.020.77-0.150.080.83-0.210.10.010.33-0.47-0.210.690.320.47-0.47-0.31-0.150.45
0.30.760.41-0.760.160.56-0.61-0.460.480.610.790.06-0.750.76-0.66-0.130.39-0.75-0.090.78-0.230.38-0.4-0.10.55
0.720.920.94-0.72-0.20.56-0.99-0.780.370.970.91-0.58-0.860.91-0.82-0.560.94-0.86-0.610.81-0.880.940.51-0.740.61
-0.68-0.94-0.920.790.1-0.61-0.990.77-0.45-0.99-0.940.50.92-0.950.870.52-0.910.920.57-0.870.84-0.91-0.450.75-0.67
-0.37-0.71-0.680.64-0.02-0.46-0.780.77-0.4-0.74-0.710.360.69-0.710.470.18-0.70.690.24-0.620.6-0.69-0.330.71-0.52
0.150.590.08-0.720.770.480.37-0.45-0.40.360.590.47-0.650.59-0.37-0.040.07-0.650.380.73-0.010.05-0.05-0.560.87
0.630.910.93-0.77-0.150.610.97-0.99-0.740.360.92-0.55-0.920.94-0.9-0.480.93-0.92-0.630.84-0.850.930.43-0.710.61
0.640.990.77-0.840.080.790.91-0.94-0.710.590.92-0.24-0.960.99-0.88-0.510.76-0.96-0.390.96-0.690.760.23-0.610.73
-0.44-0.24-0.780.10.830.06-0.580.50.360.47-0.55-0.240.19-0.250.310.35-0.80.190.77-0.020.78-0.8-0.580.360.05
-0.46-0.94-0.720.89-0.21-0.75-0.860.920.69-0.65-0.92-0.960.19-0.970.890.33-0.71.00.34-0.970.62-0.71-0.210.68-0.78
0.610.990.78-0.820.10.760.91-0.95-0.710.590.940.99-0.25-0.97-0.91-0.490.77-0.97-0.440.97-0.70.770.28-0.640.7
-0.6-0.89-0.780.640.01-0.66-0.820.870.47-0.37-0.9-0.880.310.89-0.910.55-0.740.890.63-0.880.71-0.76-0.30.47-0.49
-0.93-0.56-0.590.050.33-0.13-0.560.520.18-0.04-0.48-0.510.350.33-0.490.55-0.560.330.65-0.430.72-0.57-0.620.26-0.1
0.710.761.0-0.55-0.470.390.94-0.91-0.70.070.930.76-0.8-0.70.77-0.74-0.56-0.7-0.780.6-0.941.00.59-0.660.4
-0.46-0.94-0.720.89-0.21-0.75-0.860.920.69-0.65-0.92-0.960.191.0-0.970.890.33-0.70.34-0.970.62-0.71-0.210.68-0.78
-0.65-0.43-0.790.060.69-0.09-0.610.570.240.38-0.63-0.390.770.34-0.440.630.65-0.780.34-0.260.8-0.8-0.60.240.15
0.540.960.63-0.840.320.780.81-0.87-0.620.730.840.96-0.02-0.970.97-0.88-0.430.6-0.97-0.26-0.550.60.16-0.60.78
-0.76-0.71-0.940.380.47-0.23-0.880.840.6-0.01-0.85-0.690.780.62-0.70.710.72-0.940.620.8-0.55-0.95-0.740.64-0.31
0.70.761.0-0.54-0.470.380.94-0.91-0.690.050.930.76-0.8-0.710.77-0.76-0.571.0-0.71-0.80.6-0.950.6-0.650.38
0.540.280.570.02-0.31-0.40.51-0.45-0.33-0.050.430.23-0.58-0.210.28-0.3-0.620.59-0.21-0.60.16-0.740.6-0.670.08
-0.39-0.61-0.640.64-0.15-0.1-0.740.750.71-0.56-0.71-0.610.360.68-0.640.470.26-0.660.680.24-0.60.64-0.65-0.67-0.72
0.290.690.4-0.90.450.550.61-0.67-0.520.870.610.730.05-0.780.7-0.49-0.10.4-0.780.150.78-0.310.380.08-0.72
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Emerald Expositions Account Relationship Matchups

Emerald Expositions fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding71.7M71.4M71.3M69.1M64.0M57.1M
Total Assets1.5B1.1B1.1B1.1B1.1B1.1B
Short Long Term Debt Total555.2M538.7M534.6M429.2M415.8M447.2M
Other Current Liab16.5M53.2M51.2M44.5M23.3M34.2M
Total Current Liabilities229.3M115.6M190.1M222.2M230.1M228.1M
Total Stockholder Equity640.2M394.4M(119.4M)(33.1M)404.6M336.6M
Other Liab66.8M15.7M33.6M12.6M11.3M10.8M
Net Tangible Assets(713.9M)(285.5M)(436.4M)(311M)(357.7M)(375.5M)
Property Plant And Equipment Net22.5M19.9M18.8M12.8M10.3M11.9M
Current Deferred Revenue187.3M48.6M118.1M151.2M174.3M123.2M
Net Debt545.6M243.4M303.4M190.1M211.6M354.6M
Retained Earnings(61.6M)(696.2M)(773.3M)(644.1M)(652.3M)(619.7M)
Accounts Payable22.2M3.8M12M20.4M24.1M17.6M
Cash9.6M295.3M231.2M239.1M204.2M127.4M
Non Current Assets Total1.4B702.1M772.3M766.6M743M916.8M
Non Currrent Assets Other1.4M2.9M2.6M3.5M3.7M2.6M
Other Assets1.4M20M2.6M3.5M849.7M892.2M
Long Term Debt519.7M515.3M510.9M413.9M398.7M431.1M
Cash And Short Term Investments9.6M295.3M231.2M239.1M204.2M127.4M
Net Receivables60.1M48.5M46.4M74.9M85.2M66.7M
Good Will980.3M404.3M514.2M545.5M553.9M608.8M
Long Term Debt Total519.7M515.3M510.9M413.9M372.5M445.1M
Liabilities And Stockholders Equity1.5B1.1B1.1B1.1B1.1B1.1B
Non Current Liabilities Total602.2M544.4M991.7M909.3M419.2M570.4M
Capital Surpluse701.1M1.1B653.2M610.3M701.8M747.6M
Other Current Assets24M8.5M12.5M17.8M21.5M14.9M
Other Stockholder Equity701.1M690M1.1B610.3M559.2M739.0M
Total Liab831.5M660M1.2B1.1B649.3M736.2M
Property Plant And Equipment Gross22.5M19.9M18.8M12.8M15M12.5M
Short Long Term Debt5.7M45.7M15.7M4.2M3.8M3.6M
Total Current Assets93.7M352.3M290.1M331.8M310.9M214.6M
Accumulated Other Comprehensive Income(3.6M)(4.1M)0.0(433.9M)(600K)(630K)
Short Term Debt19.8M10M10.4M4.9M8.2M10.6M
Intangible Assets373.8M275M236.7M204.8M175.1M297.4M
Property Plant Equipment3.7M22.5M3.9M2.2M2.5M2.4M
Non Current Liabilities Other6.8M27.1M45.4M21.2M8.5M16.5M
Cash And Equivalents20.5M9.6M295.3M231.2M265.9M279.2M

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