Eastern Cost Of Revenue vs Selling And Marketing Expenses Analysis

EML Stock  USD 28.54  0.35  1.24%   
Eastern financial indicator trend analysis is much more than just examining Eastern latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern is a good investment. Please check the relationship between Eastern Cost Of Revenue and its Selling And Marketing Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Cost Of Revenue vs Selling And Marketing Expenses

Cost Of Revenue vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Cost Of Revenue account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Eastern's Cost Of Revenue and Selling And Marketing Expenses is 0.03. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Eastern Co, assuming nothing else is changed. The correlation between historical values of Eastern's Cost Of Revenue and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Eastern Co are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Cost Of Revenue i.e., Eastern's Cost Of Revenue and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Eastern income statement and represents the costs associated with goods and services Eastern provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling And Marketing Expenses

Most indicators from Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern 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 Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Eastern's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 1.5 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.03.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M2.3M3.5M3.7M
Depreciation And Amortization7.2M7.2M7.5M4.2M

Eastern fundamental ratios Correlations

0.940.550.940.90.830.910.91-0.140.99-0.3-0.130.95-0.330.940.950.58-0.630.970.790.80.850.680.940.570.55
0.940.640.850.710.870.990.71-0.230.97-0.45-0.220.86-0.110.980.80.65-0.390.980.740.720.820.80.850.370.36
0.550.640.530.390.630.680.38-0.460.62-0.07-0.450.470.360.580.370.67-0.110.590.570.40.580.340.530.250.18
0.940.850.530.890.660.860.87-0.340.91-0.03-0.330.97-0.340.810.950.55-0.520.890.720.750.940.460.990.490.46
0.90.710.390.890.630.690.99-0.090.85-0.1-0.080.91-0.50.710.950.36-0.750.780.760.710.760.420.910.650.62
0.830.870.630.660.630.820.670.050.86-0.510.070.7-0.030.910.690.67-0.520.880.680.820.620.770.660.650.63
0.910.990.680.860.690.820.68-0.370.96-0.39-0.360.86-0.10.950.780.63-0.310.960.740.670.840.760.860.30.29
0.910.710.380.870.990.670.68-0.010.85-0.110.00.9-0.510.730.960.4-0.80.80.750.750.740.440.890.70.68
-0.14-0.23-0.46-0.34-0.090.05-0.37-0.01-0.21-0.231.0-0.28-0.08-0.08-0.12-0.1-0.47-0.15-0.160.12-0.350.03-0.370.330.4
0.990.970.620.910.850.860.960.85-0.21-0.34-0.20.92-0.250.960.890.61-0.530.980.830.740.840.720.920.480.46
-0.3-0.45-0.07-0.03-0.1-0.51-0.39-0.11-0.23-0.34-0.23-0.2-0.08-0.49-0.130.080.11-0.38-0.12-0.240.02-0.88-0.08-0.08-0.11
-0.13-0.22-0.45-0.33-0.080.07-0.360.01.0-0.2-0.23-0.27-0.08-0.07-0.11-0.1-0.48-0.15-0.150.13-0.350.03-0.360.350.42
0.950.860.470.970.910.70.860.9-0.280.92-0.2-0.27-0.390.830.970.43-0.570.90.650.80.880.580.980.550.53
-0.33-0.110.36-0.34-0.5-0.03-0.1-0.51-0.08-0.25-0.08-0.08-0.39-0.17-0.490.050.47-0.22-0.25-0.21-0.08-0.04-0.38-0.24-0.27
0.940.980.580.810.710.910.950.73-0.080.96-0.49-0.070.83-0.170.80.65-0.490.990.720.760.760.830.810.450.46
0.950.80.370.950.950.690.780.96-0.120.89-0.13-0.110.97-0.490.80.43-0.710.870.690.820.830.510.960.640.63
0.580.650.670.550.360.670.630.4-0.10.610.08-0.10.430.050.650.43-0.240.650.590.520.620.250.490.360.38
-0.63-0.39-0.11-0.52-0.75-0.52-0.31-0.8-0.47-0.530.11-0.48-0.570.47-0.49-0.71-0.24-0.52-0.44-0.69-0.37-0.27-0.54-0.76-0.78
0.970.980.590.890.780.880.960.8-0.150.98-0.38-0.150.9-0.220.990.870.65-0.520.750.790.830.760.890.480.48
0.790.740.570.720.760.680.740.75-0.160.83-0.12-0.150.65-0.250.720.690.59-0.440.750.430.670.440.70.350.29
0.80.720.40.750.710.820.670.750.120.74-0.240.130.8-0.210.760.820.52-0.690.790.430.70.530.750.840.85
0.850.820.580.940.760.620.840.74-0.350.840.02-0.350.88-0.080.760.830.62-0.370.830.670.70.390.90.430.42
0.680.80.340.460.420.770.760.440.030.72-0.880.030.58-0.040.830.510.25-0.270.760.440.530.390.490.240.25
0.940.850.530.990.910.660.860.89-0.370.92-0.08-0.360.98-0.380.810.960.49-0.540.890.70.750.90.490.50.47
0.570.370.250.490.650.650.30.70.330.48-0.080.350.55-0.240.450.640.36-0.760.480.350.840.430.240.50.98
0.550.360.180.460.620.630.290.680.40.46-0.110.420.53-0.270.460.630.38-0.780.480.290.850.420.250.470.98
Click cells to compare fundamentals

Eastern Account Relationship Matchups

Eastern fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets280.7M275.5M266.3M261.5M252.0M264.6M
Short Long Term Debt Total111.1M101.5M82.6M76.4M62.1M65.2M
Other Current Liab6.8M10.1M9.8M7.3M9.9M5.3M
Total Current Liabilities31.9M40.7M49.6M47.0M42.7M44.9M
Total Stockholder Equity105.4M104.3M114.6M126.6M132.5M139.1M
Property Plant And Equipment Net54.4M52.7M39.4M38.3M45.5M26.2M
Net Debt93.1M85.4M76.4M66.2M53.8M56.5M
Retained Earnings120.2M122.8M129.4M139.0M144.8M152.0M
Cash18.0M16.1M6.2M10.2M8.3M9.2M
Non Current Assets Total165.7M163.8M142.7M136.2M139.8M146.8M
Non Currrent Assets Other(5.3B)1.7M2.7M2.3M2.7M2.8M
Cash And Short Term Investments18.0M16.1M6.2M10.2M9.3M9.2M
Net Receivables37.9M31.8M44.2M43.9M37.6M39.5M
Common Stock Shares Outstanding6.3M6.3M6.3M6.2M6.3M4.9M
Liabilities And Stockholders Equity280.7M275.5M266.3M261.5M252.0M264.6M
Non Current Liabilities Total143.3M130.6M102.2M87.9M76.8M80.7M
Inventory54.6M53.1M62.9M64.6M59.3M62.2M
Other Current Assets4.3M21.5M10.5M6.6M6.0M3.7M
Total Liab175.2M171.2M151.7M134.9M119.6M125.5M
Property Plant And Equipment Gross54.4M88.2M28.3M56.1M77.5M81.4M
Total Current Assets114.9M111.7M123.7M125.3M112.2M59.8M
Accumulated Other Comprehensive Income(25.2M)(29.5M)(26.5M)(23.4M)(23.0M)(21.8M)
Short Term Debt5.2M9.3M10.2M12.1M7.5M7.9M
Intangible Assets111.4M32.5M28.3M24.3M20.8M21.9M
Accounts Payable20.0M21.3M29.6M27.6M25.3M26.6M
Common Stock Total Equity30.7M31.5M32.6M33.6M38.6M22.0M
Common Stock30.7M31.5M32.6M33.6M34.0M21.9M
Other Liab37.4M38.4M29.7M23.6M27.1M20.2M
Long Term Debt93.6M82.3M63.8M55.1M41.1M26.3M
Good Will79.5M76.9M72.2M70.8M70.8M74.3M
Property Plant Equipment42.0M52.7M28.3M26.1M30.0M30.6M
Current Deferred Revenue7.3M5.3B2.9M9.2M8.3M7.9M
Net Tangible Assets117.8M(5.1M)114.6M126.6M145.6M91.4M
Retained Earnings Total Equity120.2M122.8M(129.4M)139.0M125.1M64.6M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Eastern is a strong investment it is important to analyze Eastern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.545
Dividend Share
0.44
Earnings Share
2
Revenue Per Share
45.732
Quarterly Revenue Growth
0.15
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern's market value can be influenced by many factors that don't directly affect Eastern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.