Elin Sale Purchase Of Stock vs Other Non Cash Items Analysis

ELIN Stock   212.90  8.50  4.16%   
Elin Electronics financial indicator trend analysis is much more than just examining Elin Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elin Electronics is a good investment. Please check the relationship between Elin Electronics Sale Purchase Of Stock and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elin Electronics Limited. 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.

Sale Purchase Of Stock vs Other Non Cash Items

Sale Purchase Of Stock vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elin Electronics Sale Purchase Of Stock account and Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Elin Electronics' Sale Purchase Of Stock and Other Non Cash Items is -0.59. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Elin Electronics Limited, assuming nothing else is changed. The correlation between historical values of Elin Electronics' Sale Purchase Of Stock and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Elin Electronics Limited are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Sale Purchase Of Stock i.e., Elin Electronics' Sale Purchase Of Stock and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Sale Purchase Of Stock

Other Non Cash Items

Most indicators from Elin Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elin Electronics 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 Elin Electronics Limited. 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 gain to about 36.4 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense122.0M130.6M77.4M88.9M
Depreciation And Amortization143.5M186.1M218.5M172.7M

Elin Electronics fundamental ratios Correlations

-0.510.50.610.980.970.55-0.480.940.86-0.60.990.690.870.880.680.85-0.480.90.110.810.41.0-0.330.940.93
-0.51-0.740.09-0.62-0.650.11.0-0.62-0.280.49-0.54-0.93-0.57-0.33-0.96-0.470.92-0.280.23-0.660.31-0.490.93-0.25-0.56
0.5-0.740.150.550.62-0.36-0.710.50.54-0.860.490.850.50.50.650.47-0.680.3-0.710.41-0.030.51-0.70.260.56
0.610.090.150.450.460.450.140.470.82-0.520.530.220.250.830.090.3-0.110.830.250.190.930.650.350.740.44
0.98-0.620.550.450.990.49-0.590.960.78-0.560.980.740.910.810.770.86-0.550.820.060.880.210.97-0.460.860.96
0.97-0.650.620.460.990.46-0.620.960.78-0.60.980.770.880.820.780.83-0.590.83-0.030.830.220.96-0.490.840.97
0.550.1-0.360.450.490.460.090.540.290.280.6-0.090.340.390.150.340.070.710.70.320.430.520.270.650.52
-0.481.0-0.710.14-0.59-0.620.09-0.61-0.230.43-0.52-0.9-0.55-0.29-0.95-0.450.91-0.250.2-0.640.35-0.460.93-0.22-0.54
0.94-0.620.50.470.960.960.54-0.610.7-0.490.940.710.760.830.80.69-0.650.850.130.790.190.93-0.40.790.97
0.86-0.280.540.820.780.780.29-0.230.7-0.820.790.60.70.940.420.73-0.320.82-0.040.610.670.9-0.110.890.7
-0.60.49-0.86-0.52-0.56-0.60.280.43-0.49-0.82-0.5-0.76-0.53-0.74-0.47-0.530.51-0.460.5-0.46-0.33-0.640.38-0.49-0.51
0.99-0.540.490.530.980.980.6-0.520.940.79-0.50.670.870.810.70.85-0.480.880.10.790.340.97-0.380.90.95
0.69-0.930.850.220.740.77-0.09-0.90.710.6-0.760.670.690.60.920.62-0.880.47-0.260.73-0.020.69-0.820.480.65
0.87-0.570.50.250.910.880.34-0.550.760.7-0.530.870.690.610.670.99-0.370.59-0.010.930.10.86-0.560.80.78
0.88-0.330.50.830.810.820.39-0.290.830.94-0.740.810.60.610.520.59-0.470.90.080.60.590.91-0.070.850.79
0.68-0.960.650.090.770.780.15-0.950.80.42-0.470.70.920.670.520.56-0.920.5-0.010.78-0.180.67-0.810.460.71
0.85-0.470.470.30.860.830.34-0.450.690.73-0.530.850.620.990.590.56-0.250.58-0.030.870.190.84-0.490.820.73
-0.480.92-0.68-0.11-0.55-0.590.070.91-0.65-0.320.51-0.48-0.88-0.37-0.47-0.92-0.25-0.390.1-0.520.16-0.480.72-0.24-0.53
0.9-0.280.30.830.820.830.71-0.250.850.82-0.460.880.470.590.90.50.58-0.390.290.540.660.9-0.010.910.83
0.110.23-0.710.250.06-0.030.70.20.13-0.040.50.1-0.26-0.010.08-0.01-0.030.10.290.180.250.110.370.3-0.04
0.81-0.660.410.190.880.830.32-0.640.790.61-0.460.790.730.930.60.780.87-0.520.540.18-0.040.81-0.60.730.72
0.40.31-0.030.930.210.220.430.350.190.67-0.330.34-0.020.10.59-0.180.190.160.660.25-0.040.430.490.620.19
1.0-0.490.510.650.970.960.52-0.460.930.9-0.640.970.690.860.910.670.84-0.480.90.110.810.43-0.30.940.91
-0.330.93-0.70.35-0.46-0.490.270.93-0.4-0.110.38-0.38-0.82-0.56-0.07-0.81-0.490.72-0.010.37-0.60.49-0.3-0.08-0.38
0.94-0.250.260.740.860.840.65-0.220.790.89-0.490.90.480.80.850.460.82-0.240.910.30.730.620.94-0.080.77
0.93-0.560.560.440.960.970.52-0.540.970.7-0.510.950.650.780.790.710.73-0.530.83-0.040.720.190.91-0.380.77
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Elin Electronics Account Relationship Matchups

Elin Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B5.1B5.3B7.3B6.7B5.9B
Short Long Term Debt Total700.9M1.1B1.0B783.6M119.9M113.9M
Other Current Liab(452.3K)(40.6M)132.8M198.0M276.4M290.2M
Total Current Liabilities1.1B2.0B1.9B1.9B1.5B1.8B
Total Stockholder Equity2.3B2.6B3.0B4.9B5.0B3.6B
Property Plant And Equipment Net1.5B1.6B1.9B2.3B2.3B2.1B
Current Deferred Revenue155.0M188.5M176.5M159.9M63.9M60.7M
Net Debt610.2M1.1B985.1M779.7M117.7M111.8M
Retained Earnings1.4B1.7B2.0B2.3B2.8B2.1B
Accounts Payable681.6M1.0B992.4M1.3B1.1B1.1B
Cash90.7M46.8M40.1M3.9M2.2M2.1M
Non Current Assets Total1.7B1.8B2.1B2.7B2.5B2.3B
Cash And Short Term Investments341.5M182.4M51.7M1.3B930.3M542.3M
Net Receivables908.2M1.8B1.8B2.0B2.0B1.8B
Short Term Investments250.8M135.6M11.6M1.3B691.2M459.5M
Liabilities And Stockholders Equity3.9B5.1B5.3B7.3B6.7B5.9B
Non Current Liabilities Total463.7M459.7M442.8M514.3M117.0M111.2M
Inventory799M1.1B1.2B1.2B1.1B1.2B
Other Current Assets1.0B1.9B189.3M235.0M204.2M194.0M
Other Stockholder Equity808.2M854.7M59.6M1.7B1.9B1.0B
Total Liab1.6B2.5B2.3B2.4B1.7B2.3B
Total Current Assets2.2B3.3B3.2B4.6B4.2B3.7B
Accumulated Other Comprehensive Income715.9M745.1M725.7M741.8M280.0M515.1M
Short Term Debt298.3M766.3M683.7M382.6M114.8M109.1M
Intangible Assets950K6.7M4.2M11.2M5.8M5.5M

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