EON Long Term Debt vs Capital Lease Obligations Analysis

EONR Stock

0.80 0.22 21.57%

EON Resources financial indicator trend analysis is much more than just examining EON Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EON Resources is a good investment. Please check the relationship between EON Resources Long Term Debt and its Capital Lease Obligations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EON Resources. 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.

To learn how to invest in EON Stock, please use our How to Invest in EON Resources guide.

Long Term Debt vs Capital Lease Obligations

Long Term Debt vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EON Resources Long Term Debt account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.

The correlation between EON Resources' Long Term Debt and Capital Lease Obligations is -0.99. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of EON Resources, assuming nothing else is changed. The correlation between historical values of EON Resources' Long Term Debt and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of EON Resources are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Long Term Debt i.e., EON Resources' Long Term Debt and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that EON Resources has held for over one year. Long-term debt appears on EON Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on EON Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Capital Lease Obligations

EON Resources capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to EON Resources asset purchases. For example, EON Resources can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as EON Resources control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from EON Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EON Resources 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 EON Resources. 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.

To learn how to invest in EON Stock, please use our How to Invest in EON Resources guide.As of 11/25/2024, Selling General Administrative is likely to grow to about 13.7 M. Also, Issuance Of Capital Stock is likely to grow to about 107.9 M

	2010	2023	2024 (projected)
Gross Profit	36.7M	33.0M	29.4M
Interest Expense	1.1M	968.5K	860.8K

Gross Profit Interest Expense

EON Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Other Current Liab	Property Plant And Equipment Net	Net Debt	Non Currrent Assets Other	Long Term Debt	Net Receivables	Capital Lease Obligations	Other Current Assets	Property Plant And Equipment Gross	Non Current Liabilities Other	Short Long Term Debt
Total Assets		0.96	0.21	0.96	1.0	1.0	-0.86	1.0	0.87	0.92	0.36	-0.87	-0.81	0.88	0.88	-0.86	0.89	-0.9	-0.9	0.88	0.89	-0.86	-0.86
Total Current Liabilities	0.96		-0.09	1.0	0.97	0.96	-0.94	0.98	0.69	0.81	0.58	-0.97	-0.89	0.97	0.97	-0.94	0.98	-0.99	-0.99	0.96	0.98	-0.94	-0.94
Total Stockholder Equity	0.21	-0.09		-0.06	0.17	0.2	0.22	0.13	0.64	0.43	-0.69	0.3	0.2	-0.23	-0.23	0.22	-0.23	0.23	0.23	-0.23	-0.23	0.22	0.22
Accounts Payable	0.96	1.0	-0.06		0.97	0.96	-0.94	0.98	0.71	0.82	0.56	-0.97	-0.89	0.96	0.96	-0.94	0.97	-0.98	-0.98	0.96	0.97	-0.94	-0.94
Cash	1.0	0.97	0.17	0.97		1.0	-0.87	1.0	0.85	0.91	0.4	-0.89	-0.83	0.9	0.9	-0.87	0.91	-0.92	-0.92	0.89	0.91	-0.87	-0.87
Non Current Assets Total	1.0	0.96	0.2	0.96	1.0		-0.86	1.0	0.86	0.92	0.37	-0.87	-0.82	0.88	0.88	-0.86	0.89	-0.9	-0.9	0.88	0.89	-0.86	-0.86
Common Stock Shares Outstanding	-0.86	-0.94	0.22	-0.94	-0.87	-0.86		-0.89	-0.6	-0.78	-0.79	0.96	0.72	-1.0	-0.99	0.81	-0.99	0.93	0.96	-1.0	-0.99	0.81	0.81
Total Liab	1.0	0.98	0.13	0.98	1.0	1.0	-0.89		0.83	0.9	0.43	-0.9	-0.84	0.91	0.91	-0.89	0.92	-0.93	-0.93	0.91	0.92	-0.89	-0.89
Net Invested Capital	0.87	0.69	0.64	0.71	0.85	0.86	-0.6	0.83		0.97	0.04	-0.53	-0.45	0.6	0.6	-0.5	0.6	-0.57	-0.58	0.6	0.6	-0.5	-0.5
Total Current Assets	0.92	0.81	0.43	0.82	0.91	0.92	-0.78	0.9	0.97		0.3	-0.69	-0.52	0.77	0.77	-0.59	0.76	-0.71	-0.73	0.77	0.76	-0.59	-0.59
Capital Stock	0.36	0.58	-0.69	0.56	0.4	0.37	-0.79	0.43	0.04	0.3		-0.73	-0.38	0.76	0.76	-0.47	0.73	-0.64	-0.68	0.77	0.74	-0.47	-0.47
Net Working Capital	-0.87	-0.97	0.3	-0.97	-0.89	-0.87	0.96	-0.9	-0.53	-0.69	-0.73		0.87	-0.98	-0.99	0.93	-0.99	0.99	1.0	-0.98	-0.99	0.93	0.93
Other Current Liab	-0.81	-0.89	0.2	-0.89	-0.83	-0.82	0.72	-0.84	-0.45	-0.52	-0.38	0.87		-0.79	-0.79	0.99	-0.83	0.92	0.89	-0.77	-0.82	0.99	0.99
Property Plant And Equipment Net	0.88	0.97	-0.23	0.96	0.9	0.88	-1.0	0.91	0.6	0.77	0.76	-0.98	-0.79		1.0	-0.86	1.0	-0.96	-0.98	1.0	1.0	-0.86	-0.86
Net Debt	0.88	0.97	-0.23	0.96	0.9	0.88	-0.99	0.91	0.6	0.77	0.76	-0.99	-0.79	1.0		-0.86	1.0	-0.97	-0.98	1.0	1.0	-0.86	-0.86
Non Currrent Assets Other	-0.86	-0.94	0.22	-0.94	-0.87	-0.86	0.81	-0.89	-0.5	-0.59	-0.47	0.93	0.99	-0.86	-0.86		-0.89	0.96	0.94	-0.85	-0.89	1.0	1.0
Long Term Debt	0.89	0.98	-0.23	0.97	0.91	0.89	-0.99	0.92	0.6	0.76	0.73	-0.99	-0.83	1.0	1.0	-0.89		-0.98	-0.99	1.0	1.0	-0.89	-0.89
Net Receivables	-0.9	-0.99	0.23	-0.98	-0.92	-0.9	0.93	-0.93	-0.57	-0.71	-0.64	0.99	0.92	-0.96	-0.97	0.96	-0.98		1.0	-0.96	-0.98	0.96	0.96
Capital Lease Obligations	-0.9	-0.99	0.23	-0.98	-0.92	-0.9	0.96	-0.93	-0.58	-0.73	-0.68	1.0	0.89	-0.98	-0.98	0.94	-0.99	1.0		-0.98	-0.99	0.94	0.94
Other Current Assets	0.88	0.96	-0.23	0.96	0.89	0.88	-1.0	0.91	0.6	0.77	0.77	-0.98	-0.77	1.0	1.0	-0.85	1.0	-0.96	-0.98		1.0	-0.85	-0.85
Property Plant And Equipment Gross	0.89	0.98	-0.23	0.97	0.91	0.89	-0.99	0.92	0.6	0.76	0.74	-0.99	-0.82	1.0	1.0	-0.89	1.0	-0.98	-0.99	1.0		-0.89	-0.89
Non Current Liabilities Other	-0.86	-0.94	0.22	-0.94	-0.87	-0.86	0.81	-0.89	-0.5	-0.59	-0.47	0.93	0.99	-0.86	-0.86	1.0	-0.89	0.96	0.94	-0.85	-0.89		1.0
Short Long Term Debt	-0.86	-0.94	0.22	-0.94	-0.87	-0.86	0.81	-0.89	-0.5	-0.59	-0.47	0.93	0.99	-0.86	-0.86	1.0	-0.89	0.96	0.94	-0.85	-0.89	1.0

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EON Resources Account Relationship Matchups

Pair Trading with EON Resources

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 EON Resources 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 EON Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with EON Stock

0.72

SandRidge Energy

Pair Corr

Moving against EON Stock

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0.47	EQT	EQT Corporation	Pair Corr
0.47	EXE	Expand Energy Symbol Change	Pair Corr
0.45	EPM	Evolution Petroleum	Pair Corr
0.42	LB	LandBridge Company Downward Rally	Pair Corr

The ability to find closely correlated positions to EON Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EON Resources 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 EON Resources - 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 EON Resources to buy it.

The correlation of EON Resources 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 EON Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EON Resources 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 EON Resources 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 EON Stock Analysis

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

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