Earlyworks Cash vs Net Invested Capital Analysis

ELWS Stock

2.64 0.04 1.54%

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

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Earlyworks Co, Cash account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Earlyworks Co,'s Cash and Net Invested Capital is 0.62. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Earlyworks Co, Ltd, assuming nothing else is changed. The correlation between historical values of Earlyworks Co,'s Cash 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 Cash of Earlyworks Co, Ltd 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 Cash i.e., Earlyworks Co,'s Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of Earlyworks Co,, which is listed under current asset account on Earlyworks Co, Ltd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Earlyworks Co, customers. The amounts must be unrestricted with restricted cash listed in a different Earlyworks Co, account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

Issuance Of Capital Stock is likely to gain to about 820.3 M in 2024, despite the fact that Tax Provision is likely to grow to (179.1 K).

	2021	2022	2023	2024 (projected)
Interest Expense	1.3M	2.7M	1.6M	1.9M
Depreciation And Amortization	309.5K	778.6K	1.1M	615.8K

Interest Expense Depreciation And Amortization

Earlyworks Co, fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments
Total Assets		0.26	0.78	0.58	0.72	0.53	0.92	0.74	-0.38	-0.67	0.61	0.0	0.02	0.36	-0.81	0.71	0.87	-0.43	-0.73	0.89	0.81	0.81	0.7	0.53	1.0	-0.79
Short Long Term Debt Total	0.26		0.79	0.94	-0.42	-0.61	0.36	0.78	0.77	-0.86	-0.56	0.81	0.8	0.95	-0.04	-0.39	0.61	-0.4	0.04	0.16	0.65	0.7	0.86	0.96	0.24	-0.79
Other Current Liab	0.78	0.79		0.95	0.2	-0.08	0.84	0.96	0.23	-0.95	0.05	0.44	0.45	0.82	-0.56	0.24	0.96	-0.48	-0.46	0.71	0.96	0.98	0.99	0.93	0.77	-0.97
Total Current Liabilities	0.58	0.94	0.95		-0.08	-0.33	0.65	0.94	0.5	-0.96	-0.24	0.66	0.67	0.92	-0.32	-0.05	0.84	-0.45	-0.22	0.47	0.85	0.89	0.98	1.0	0.56	-0.94
Total Stockholder Equity	0.72	-0.42	0.2	-0.08		0.9	0.6	0.23	-0.9	0.03	0.99	-0.53	-0.46	-0.38	-0.59	0.97	0.39	0.15	-0.53	0.71	0.32	0.28	0.08	-0.15	0.72	-0.19
Net Tangible Assets	0.53	-0.61	-0.08	-0.33	0.9		0.28	-0.03	-0.92	0.24	0.92	-0.48	-0.44	-0.57	-0.4	0.79	0.08	0.14	-0.37	0.41	-0.02	-0.04	-0.2	-0.37	0.55	0.01
Property Plant And Equipment Net	0.92	0.36	0.84	0.65	0.6	0.28		0.76	-0.26	-0.72	0.5	-0.1	-0.08	0.47	-0.86	0.68	0.96	-0.42	-0.78	0.98	0.94	0.92	0.78	0.59	0.91	-0.76
Current Deferred Revenue	0.74	0.78	0.96	0.94	0.23	-0.03	0.76		0.22	-0.88	0.07	0.53	0.58	0.73	-0.38	0.23	0.89	-0.28	-0.26	0.61	0.88	0.91	0.96	0.92	0.73	-0.96
Net Debt	-0.38	0.77	0.23	0.5	-0.9	-0.92	-0.26	0.22		-0.42	-0.96	0.78	0.73	0.71	0.42	-0.87	0.01	-0.27	0.42	-0.44	0.07	0.13	0.35	0.56	-0.4	-0.25
Retained Earnings	-0.67	-0.86	-0.95	-0.96	0.03	0.24	-0.72	-0.88	-0.42		0.17	-0.56	-0.52	-0.93	0.52	-0.01	-0.88	0.68	0.44	-0.56	-0.88	-0.91	-0.97	-0.95	-0.66	0.95
Cash	0.61	-0.56	0.05	-0.24	0.99	0.92	0.5	0.07	-0.96	0.17		-0.65	-0.59	-0.51	-0.56	0.96	0.26	0.18	-0.52	0.64	0.19	0.15	-0.08	-0.3	0.62	-0.03
Non Current Assets Total	0.0	0.81	0.44	0.66	-0.53	-0.48	-0.1	0.53	0.78	-0.56	-0.65		0.98	0.67	0.38	-0.64	0.18	-0.22	0.44	-0.31	0.17	0.26	0.52	0.71	-0.01	-0.57
Non Currrent Assets Other	0.02	0.8	0.45	0.67	-0.46	-0.44	-0.08	0.58	0.73	-0.52	-0.59	0.98		0.62	0.43	-0.56	0.2	-0.07	0.5	-0.28	0.19	0.28	0.53	0.72	0.0	-0.57
Other Assets	0.36	0.95	0.82	0.92	-0.38	-0.57	0.47	0.73	0.71	-0.93	-0.51	0.67	0.62		-0.28	-0.32	0.69	-0.67	-0.24	0.29	0.72	0.76	0.87	0.93	0.34	-0.8
Long Term Debt	-0.81	-0.04	-0.56	-0.32	-0.59	-0.4	-0.86	-0.38	0.42	0.52	-0.56	0.38	0.43	-0.28		-0.68	-0.74	0.63	0.99	-0.91	-0.71	-0.67	-0.47	-0.27	-0.82	0.48
Cash And Short Term Investments	0.71	-0.39	0.24	-0.05	0.97	0.79	0.68	0.23	-0.87	-0.01	0.96	-0.64	-0.56	-0.32	-0.68		0.46	0.11	-0.63	0.8	0.42	0.36	0.13	-0.12	0.71	-0.17
Net Receivables	0.87	0.61	0.96	0.84	0.39	0.08	0.96	0.89	0.01	-0.88	0.26	0.18	0.2	0.69	-0.74	0.46		-0.48	-0.65	0.87	0.99	0.99	0.93	0.8	0.86	-0.9
Common Stock Shares Outstanding	-0.43	-0.4	-0.48	-0.45	0.15	0.14	-0.42	-0.28	-0.27	0.68	0.18	-0.22	-0.07	-0.67	0.63	0.11	-0.48		0.67	-0.36	-0.47	-0.48	-0.48	-0.47	-0.43	0.51
Non Current Liabilities Total	-0.73	0.04	-0.46	-0.22	-0.53	-0.37	-0.78	-0.26	0.42	0.44	-0.52	0.44	0.5	-0.24	0.99	-0.63	-0.65	0.67		-0.85	-0.62	-0.58	-0.37	-0.17	-0.73	0.38
Capital Lease Obligations	0.89	0.16	0.71	0.47	0.71	0.41	0.98	0.61	-0.44	-0.56	0.64	-0.31	-0.28	0.29	-0.91	0.8	0.87	-0.36	-0.85		0.85	0.81	0.62	0.4	0.89	-0.61
Inventory	0.81	0.65	0.96	0.85	0.32	-0.02	0.94	0.88	0.07	-0.88	0.19	0.17	0.19	0.72	-0.71	0.42	0.99	-0.47	-0.62	0.85		1.0	0.93	0.81	0.8	-0.87
Other Current Assets	0.81	0.7	0.98	0.89	0.28	-0.04	0.92	0.91	0.13	-0.91	0.15	0.26	0.28	0.76	-0.67	0.36	0.99	-0.48	-0.58	0.81	1.0		0.96	0.86	0.8	-0.91
Other Stockholder Equity	0.7	0.86	0.99	0.98	0.08	-0.2	0.78	0.96	0.35	-0.97	-0.08	0.52	0.53	0.87	-0.47	0.13	0.93	-0.48	-0.37	0.62	0.93	0.96		0.97	0.68	-0.96
Total Liab	0.53	0.96	0.93	1.0	-0.15	-0.37	0.59	0.92	0.56	-0.95	-0.3	0.71	0.72	0.93	-0.27	-0.12	0.8	-0.47	-0.17	0.4	0.81	0.86	0.97		0.51	-0.93
Net Invested Capital	1.0	0.24	0.77	0.56	0.72	0.55	0.91	0.73	-0.4	-0.66	0.62	-0.01	0.0	0.34	-0.82	0.71	0.86	-0.43	-0.73	0.89	0.8	0.8	0.68	0.51		-0.78
Long Term Investments	-0.79	-0.79	-0.97	-0.94	-0.19	0.01	-0.76	-0.96	-0.25	0.95	-0.03	-0.57	-0.57	-0.8	0.48	-0.17	-0.9	0.51	0.38	-0.61	-0.87	-0.91	-0.96	-0.93	-0.78

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Earlyworks Cash vs Net Invested Capital Analysis

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Cash

Net Invested Capital

Earlyworks Co, fundamental ratios Correlations

Earlyworks Co, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Other Current Assets	+ 1.0	Inventory
Other Stockholder Equity	+ 0.99	Other Current Liab
Cash	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Long Term Debt

Other Stockholder Equity	- 0.97	Retained Earnings
Long Term Investments	- 0.97	Other Current Liab
Long Term Investments	- 0.96	Other Stockholder Equity
Cash	- 0.96	Net Debt
Long Term Investments	- 0.96	Current Deferred Revenue
Retained Earnings	- 0.96	Total Current Liabilities