8x8 Selling General Administrative vs Interest Income Analysis

EGHT Stock  USD 2.65  0.07  2.57%   
8x8 Common financial indicator trend analysis is way more than just evaluating 8x8 Common Stock prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 8x8 Common Stock is a good investment. Please check the relationship between 8x8 Common Selling General Administrative and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 8x8 Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Selling General Administrative vs Interest Income

Selling General Administrative vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 8x8 Common Stock Selling General Administrative account and Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 8x8 Common's Selling General Administrative and Interest Income is 0.88. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Income in the same time period over historical financial statements of 8x8 Common Stock, assuming nothing else is changed. The correlation between historical values of 8x8 Common's Selling General Administrative and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of 8x8 Common Stock are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling General Administrative i.e., 8x8 Common's Selling General Administrative and Interest Income go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from 8x8 Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 8x8 Common Stock 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 8x8 Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, 8x8 Common's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 6.1 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop 24.90 in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit502.5M503.8M579.4M608.3M
Total Revenue743.9M728.7M838.0M879.9M

8x8 Common fundamental ratios Correlations

0.660.96-0.150.860.91-0.940.970.640.960.920.310.960.710.90.940.970.970.850.830.890.73-0.280.750.90.9
0.660.60.010.880.59-0.550.610.450.60.570.390.570.560.420.540.490.620.410.630.370.6-0.020.560.640.5
0.960.6-0.350.810.96-0.970.970.520.970.920.130.980.630.920.960.950.980.850.70.950.64-0.380.670.90.87
-0.150.01-0.35-0.22-0.480.39-0.260.04-0.3-0.330.63-0.350.26-0.44-0.4-0.2-0.39-0.390.22-0.460.290.840.23-0.16-0.24
0.860.880.81-0.220.84-0.810.820.540.840.840.220.830.590.750.830.760.860.730.690.690.61-0.310.610.780.78
0.910.590.96-0.480.84-0.970.90.380.970.91-0.070.970.550.920.970.910.970.860.550.950.55-0.50.590.880.89
-0.94-0.55-0.970.39-0.81-0.97-0.94-0.49-0.96-0.93-0.07-0.98-0.67-0.93-0.98-0.95-0.97-0.88-0.65-0.96-0.670.45-0.71-0.92-0.89
0.970.610.97-0.260.820.9-0.940.630.930.880.260.960.640.930.920.960.960.90.790.90.66-0.330.70.850.84
0.640.450.520.040.540.38-0.490.630.470.570.70.520.450.530.460.540.580.50.850.390.46-0.190.460.420.48
0.960.60.97-0.30.840.97-0.960.930.470.90.050.970.640.920.970.960.980.870.650.940.66-0.430.690.920.93
0.920.570.92-0.330.840.91-0.930.880.570.90.190.940.620.860.960.890.940.780.720.90.62-0.380.640.840.84
0.310.390.130.630.22-0.07-0.070.260.70.050.190.110.480.020.040.180.130.020.77-0.060.50.540.460.160.05
0.960.570.98-0.350.830.97-0.980.960.520.970.940.110.640.960.990.970.980.910.70.960.64-0.40.670.880.9
0.710.560.630.260.590.55-0.670.640.450.640.620.480.640.530.610.70.60.520.690.530.990.090.990.850.67
0.90.420.92-0.440.750.92-0.930.930.530.920.860.020.960.530.940.950.950.980.630.940.52-0.530.580.780.89
0.940.540.96-0.40.830.97-0.980.920.460.970.960.040.990.610.940.950.970.890.640.970.61-0.440.640.870.9
0.970.490.95-0.20.760.91-0.950.960.540.960.890.180.970.70.950.950.950.910.740.940.71-0.310.740.890.91
0.970.620.98-0.390.860.97-0.970.960.580.980.940.130.980.60.950.970.950.890.710.940.61-0.470.650.880.9
0.850.410.85-0.390.730.86-0.880.90.50.870.780.020.910.520.980.890.910.890.60.880.5-0.490.560.720.85
0.830.630.70.220.690.55-0.650.790.850.650.720.770.70.690.630.640.740.710.60.550.710.110.70.630.61
0.890.370.95-0.460.690.95-0.960.90.390.940.9-0.060.960.530.940.970.940.940.880.550.53-0.490.580.840.87
0.730.60.640.290.610.55-0.670.660.460.660.620.50.640.990.520.610.710.610.50.710.530.10.990.860.66
-0.28-0.02-0.380.84-0.31-0.50.45-0.33-0.19-0.43-0.380.54-0.40.09-0.53-0.44-0.31-0.47-0.490.11-0.490.10.04-0.29-0.45
0.750.560.670.230.610.59-0.710.70.460.690.640.460.670.990.580.640.740.650.560.70.580.990.040.880.69
0.90.640.9-0.160.780.88-0.920.850.420.920.840.160.880.850.780.870.890.880.720.630.840.86-0.290.880.88
0.90.50.87-0.240.780.89-0.890.840.480.930.840.050.90.670.890.90.910.90.850.610.870.66-0.450.690.88
Click cells to compare fundamentals

8x8 Common Account Relationship Matchups

8x8 Common fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets678.4M910.3M840.9M756.0M869.4M912.8M
Other Current Liab43.5M44.0M44.2M22.7M26.1M15.4M
Total Current Liabilities121.4M191.5M229.0M172.6M198.5M208.4M
Total Stockholder Equity160.5M182.4M99.9M102.0M117.3M111.3M
Property Plant And Equipment Net159.7M142.4M110.3M89.1M102.5M107.6M
Net Debt291.3M446.3M457.5M361.4M415.6M436.4M
Retained Earnings(591.1M)(766.4M)(792.9M)(860.5M)(774.5M)(735.7M)
Accounts Payable31.2M49.7M46.8M48.9M56.2M59.0M
Cash112.5M91.2M111.4M116.3M133.7M140.4M
Non Current Assets Total401.9M634.6M568.7M508.1M584.4M613.6M
Non Currrent Assets Other93.5M94.5M84.4M65.7M75.6M79.4M
Cash And Short Term Investments152.9M136.1M137.6M117.3M134.9M86.2M
Net Receivables51.2M57.4M62.3M59.0M67.8M71.2M
Common Stock Shares Outstanding118.3M113.4M116.0M121.1M139.3M72.0M
Liabilities And Stockholders Equity678.4M910.3M840.9M756.0M869.4M912.8M
Inventory38.4M44.2M38.6M63.9M73.5M77.2M
Other Current Assets72.5M82.2M73.2M71.5M82.3M86.4M
Other Stockholder Equity755.6M956.6M905.6M973.9M1.1B1.2B
Total Liab517.9M727.9M741.0M654.0M752.1M789.7M
Property Plant And Equipment Gross159.7M142.4M110.3M274.5M315.7M331.5M
Total Current Assets276.5M275.6M272.2M247.8M285.0M299.3M
Accumulated Other Comprehensive Income(4.2M)(7.9M)(12.9M)(11.6M)(10.4M)(9.9M)
Current Deferred Revenue20.7M34.3M34.9M34.3M39.5M41.4M
Common Stock Total Equity103K109K118K115K132.3K73.3K
Short Term Investments40.3M44.8M26.2M1.0M1.2M1.1M
Common Stock109K123K115K125K143.8K75.9K
Short Long Term Debt Total403.8M537.5M568.9M477.6M549.3M360.2M
Other Assets44.8M81.8M93.5M94.5M108.6M114.1M
Long Term Debt308.4M447.5M428.8M409.7M471.1M494.7M
Good Will131.5M266.9M266.9M266.6M306.6M321.9M
Non Current Liabilities Total396.5M536.4M512.0M481.4M553.7M581.3M
Intangible Assets17.1M128.2M107.1M86.7M99.7M104.7M
Property Plant Equipment94.4M159.7M142.4M57.9M66.6M69.9M
Short Term Debt13.8M31.0M74.4M22.6M26.0M13.1M
Other Liab6.2M2.5M5.6M14.4M16.6M17.4M
Net Tangible Assets38.4M11.9M(212.7M)(274.1M)(246.7M)(234.3M)
Retained Earnings Total Equity(422.7M)(591.1M)(766.4M)(792.9M)(713.6M)(677.9M)
Capital Surpluse625.5M755.6M956.6M905.6M1.0B601.2M
Deferred Long Term Liab33.7M53.3M72.4M75.7M87.0M91.4M
Non Current Liabilities Other5.6M3.0M7.0M7.3M8.4M13.3M

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