Eaton Net Debt vs Current Deferred Revenue Analysis

EFR Stock

USD 12.93 0.03 0.23%

Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance Senior latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance Senior is a good investment. Please check the relationship between Eaton Vance Net Debt and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Senior. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance Senior Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Eaton Vance's Net Debt and Current Deferred Revenue is -0.63. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Eaton Vance Senior, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Net Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Eaton Vance Senior are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Eaton Vance's Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance Senior 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 Eaton Vance Senior. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

As of 11/26/2024, Selling General Administrative is likely to drop to about 642.9 K. In addition to that, Issuance Of Capital Stock is likely to drop to about 8.1 M

	2021	2022	2023	2024 (projected)
Interest Income	34.5M	53.2M	47.8M	34.0M
Net Interest Income	31.3M	45.9M	41.3M	30.1M

Interest Income Net Interest Income

Eaton Vance fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Total Liab	Long Term Investments	Common Stock	Long Term Debt	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Other Current Assets	Short Long Term Debt	Total Current Assets	Short Term Debt	Deferred Long Term Liab	Short Long Term Debt Total	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity
Total Assets		0.75	0.81	0.22	-0.36	0.12	-0.13	0.09	0.17	1.0	0.87	0.46	0.71	0.5	0.68	0.76	0.65	0.33	0.92	-0.45	0.9	0.85	0.97	-0.94	-0.32	0.46
Total Stockholder Equity	0.75		0.97	0.57	-0.42	-0.14	-0.09	0.17	-0.43	0.75	0.43	0.28	0.41	0.28	0.37	0.49	0.41	0.04	0.59	-0.28	0.57	0.53	0.61	-0.59	-0.2	0.28
Net Tangible Assets	0.81	0.97		0.38	-0.48	-0.05	-0.18	0.2	-0.4	0.81	0.47	0.24	0.45	0.43	0.56	0.52	0.44	0.17	0.63	-0.43	0.6	0.55	0.67	-0.66	-0.29	0.24
Retained Earnings	0.22	0.57	0.38		0.18	-0.33	0.27	-0.07	-0.18	0.23	0.13	0.27	0.01	-0.41	-0.38	0.3	0.06	-0.33	0.17	0.53	0.26	0.3	0.22	-0.16	0.18	0.27
Accounts Payable	-0.36	-0.42	-0.48	0.18		0.03	-0.09	-0.44	0.33	-0.35	-0.25	-0.1	-0.21	-0.83	-0.35	-0.25	-0.3	-0.3	-0.36	0.63	-0.3	-0.26	-0.24	0.23	0.28	-0.1
Cash	0.12	-0.14	-0.05	-0.33	0.03		-0.31	0.0	0.31	0.11	0.23	0.0	0.11	0.15	0.24	0.09	0.01	0.69	0.22	-0.02	0.23	0.2	0.19	-0.2	0.49	0.0
Other Assets	-0.13	-0.09	-0.18	0.27	-0.09	-0.31		0.02	0.19	-0.12	-0.01	-0.07	0.05	-0.13	-0.44	-0.05	-0.18	-0.28	0.02	0.39	0.04	-0.06	-0.07	0.05	0.01	-0.07
Net Receivables	0.09	0.17	0.2	-0.07	-0.44	0.0	0.02		-0.33	0.08	0.0	0.16	-0.19	0.35	0.22	0.18	0.23	0.65	-0.06	-0.34	-0.04	0.11	0.07	-0.01	-0.47	0.16
Total Liab	0.17	-0.43	-0.4	-0.18	0.33	0.31	0.19	-0.33		0.17	0.53	0.07	0.37	-0.09	-0.05	0.24	0.0	0.09	0.4	0.25	0.44	0.35	0.36	-0.38	0.15	0.07
Long Term Investments	1.0	0.75	0.81	0.23	-0.35	0.11	-0.12	0.08	0.17		0.87	0.46	0.71	0.5	0.68	0.76	0.64	0.31	0.92	-0.45	0.9	0.85	0.97	-0.94	-0.32	0.46
Common Stock	0.87	0.43	0.47	0.13	-0.25	0.23	-0.01	0.0	0.53	0.87		0.6	0.75	0.45	0.51	0.76	0.66	0.36	0.95	-0.3	0.95	0.9	0.96	-0.89	-0.22	0.6
Long Term Debt	0.46	0.28	0.24	0.27	-0.1	0.0	-0.07	0.16	0.07	0.46	0.6		0.2	0.22	0.31	0.68	0.91	0.33	0.42	-0.25	0.45	0.69	0.54	-0.31	-0.2	1.0
Common Stock Shares Outstanding	0.71	0.41	0.45	0.01	-0.21	0.11	0.05	-0.19	0.37	0.71	0.75	0.2		0.39	0.43	0.23	0.31	0.05	0.81	-0.31	0.72	0.47	0.74	-0.81	-0.26	0.2
Other Current Liab	0.5	0.28	0.43	-0.41	-0.83	0.15	-0.13	0.35	-0.09	0.5	0.45	0.22	0.39		0.73	0.39	0.46	0.5	0.46	-0.77	0.39	0.39	0.44	-0.44	-0.49	0.22
Total Current Liabilities	0.68	0.37	0.56	-0.38	-0.35	0.24	-0.44	0.22	-0.05	0.68	0.51	0.31	0.43	0.73		0.48	0.6	0.55	0.49	-0.79	0.42	0.46	0.61	-0.61	-0.56	0.31
Other Current Assets	0.76	0.49	0.52	0.3	-0.25	0.09	-0.05	0.18	0.24	0.76	0.76	0.68	0.23	0.39	0.48		0.73	0.4	0.7	-0.23	0.77	0.95	0.79	-0.67	-0.22	0.68
Short Long Term Debt	0.65	0.41	0.44	0.06	-0.3	0.01	-0.18	0.23	0.0	0.64	0.66	0.91	0.31	0.46	0.6	0.73		0.42	0.54	-0.59	0.52	0.73	0.65	-0.47	-0.36	0.91
Total Current Assets	0.33	0.04	0.17	-0.33	-0.3	0.69	-0.28	0.65	0.09	0.31	0.36	0.33	0.05	0.5	0.55	0.4	0.42		0.26	-0.42	0.27	0.4	0.37	-0.3	-0.13	0.33
Short Term Debt	0.92	0.59	0.63	0.17	-0.36	0.22	0.02	-0.06	0.4	0.92	0.95	0.42	0.81	0.46	0.49	0.7	0.54	0.26		-0.31	0.98	0.86	0.95	-0.93	-0.15	0.42
Deferred Long Term Liab	-0.45	-0.28	-0.43	0.53	0.63	-0.02	0.39	-0.34	0.25	-0.45	-0.3	-0.25	-0.31	-0.77	-0.79	-0.23	-0.59	-0.42	-0.31		-0.19	-0.23	-0.34	0.32	0.51	-0.25
Short Long Term Debt Total	0.9	0.57	0.6	0.26	-0.3	0.23	0.04	-0.04	0.44	0.9	0.95	0.45	0.72	0.39	0.42	0.77	0.52	0.27	0.98	-0.19		0.91	0.94	-0.91	-0.09	0.45
Net Debt	0.85	0.53	0.55	0.3	-0.26	0.2	-0.06	0.11	0.35	0.85	0.9	0.69	0.47	0.39	0.46	0.95	0.73	0.4	0.86	-0.23	0.91		0.9	-0.8	-0.15	0.69
Non Current Assets Total	0.97	0.61	0.67	0.22	-0.24	0.19	-0.07	0.07	0.36	0.97	0.96	0.54	0.74	0.44	0.61	0.79	0.65	0.37	0.95	-0.34	0.94	0.9		-0.96	-0.29	0.54
Non Currrent Assets Other	-0.94	-0.59	-0.66	-0.16	0.23	-0.2	0.05	-0.01	-0.38	-0.94	-0.89	-0.31	-0.81	-0.44	-0.61	-0.67	-0.47	-0.3	-0.93	0.32	-0.91	-0.8	-0.96		0.28	-0.31
Cash And Short Term Investments	-0.32	-0.2	-0.29	0.18	0.28	0.49	0.01	-0.47	0.15	-0.32	-0.22	-0.2	-0.26	-0.49	-0.56	-0.22	-0.36	-0.13	-0.15	0.51	-0.09	-0.15	-0.29	0.28		-0.2
Common Stock Total Equity	0.46	0.28	0.24	0.27	-0.1	0.0	-0.07	0.16	0.07	0.46	0.6	1.0	0.2	0.22	0.31	0.68	0.91	0.33	0.42	-0.25	0.45	0.69	0.54	-0.31	-0.2

Click cells to compare fundamentals

Eaton Vance Account Relationship Matchups

Eaton Vance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	824.5M	650.9M	569.4M	586.0M	527.4M	652.0M
Total Stockholder Equity	573.1M	479.4M	434.3M	448.4M	403.6M	490.6M
Net Tangible Assets	534.7M	497.3M	403.6M	358.4M	322.6M	470.0M
Retained Earnings	(31.3M)	(68.7M)	(39.0M)	(95.2M)	(109.5M)	(115.0M)
Accounts Payable	27.4M	50.3M	637.7K	24.8M	28.5M	20.8M
Cash	5.6M	5.5M	5.0M	4.0M	4.6M	6.1M
Other Assets	87.8K	70.8K	449.7K	469.5K	422.5K	381.3K
Net Receivables	4.4M	7.4M	9.9M	6.8M	6.1M	6.8M
Total Liab	251.3M	171.5M	135.1M	137.6M	158.3M	191.5M
Long Term Investments	814.4M	637.5M	554.1M	574.8M	517.3M	640.1M
Common Stock Shares Outstanding	36.1M	38.5M	35.4K	29.2M	26.3M	21.1M
Other Current Liab	(27.4M)	(50.3M)	(637.7K)	(24.8M)	(22.3M)	(23.4M)
Total Current Liabilities	27.4M	50.3M	637.7K	24.8M	22.3M	21.2M
Other Current Assets	730.5K	511.1K	578.2K	(6.8M)	(6.1M)	(5.8M)
Total Current Assets	10.0M	13.3M	14.8M	10.8M	9.7M	11.1M
Deferred Long Term Liab	55.2K	52.2K	60.4K	41.3K	47.4K	53.9K
Short Long Term Debt Total	223M	120M	133M	110M	99M	140M
Net Debt	217.4M	114.5M	128.0M	(4.0M)	(3.6M)	(3.4M)
Non Current Assets Total	814.4M	637.5M	554.1M	574.8M	517.3M	590.3M
Non Currrent Assets Other	(814.4M)	(637.5M)	(554.1M)	(574.8M)	(661.0M)	(694.1M)
Cash And Short Term Investments	5.6M	5.5M	5.0M	4.0M	4.6M	5.7M
Liabilities And Stockholders Equity	824.5M	650.9M	569.4M	586.0M	527.4M	600.5M
Non Current Liabilities Total	223M	120M	637.7K	110M	99M	124.9M
Other Stockholder Equity	565.7M	442.3M	548.6M	372.2M	335.0M	399.0M
Net Invested Capital	720.3M	523.6M	491.4M	482.5M	434.2M	516.4M
Inventory	(643.4K)	1.0	(528.5K)	6.8M	7.8M	8.2M

Pair Trading with Eaton Vance

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton Vance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton Vance will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eaton Stock

0.83	V	Visa Class A	Pair Corr
0.63	DHIL	Diamond Hill Investment	Pair Corr
0.9	DIST	Distoken Acquisition	Pair Corr
0.63	AB	AllianceBernstein	Pair Corr

Moving against Eaton Stock

0.53

Pintec Technology

Pair Corr

The ability to find closely correlated positions to Eaton Vance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton Vance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton Vance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton Vance Senior to buy it.

The correlation of Eaton Vance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton Vance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton Vance Senior moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eaton Vance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Eaton Stock Analysis

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