EQR Long Term Debt vs Net Debt Analysis

EQR Stock

0.06 0 5.77%

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

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EQ Resources Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between EQ Resources' Long Term Debt and Net Debt is 0.08. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of EQ Resources, assuming nothing else is changed. The correlation between historical values of EQ Resources' Long Term Debt and Net Debt 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 EQ Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., EQ Resources' Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that EQ Resources has held for over one year. Long-term debt appears on EQ 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 EQ 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

Selling General Administrative is likely to gain to about 18.4 M in 2024. Issuance Of Capital Stock is likely to gain to about 6.3 M in 2024

	2021	2022	2023	2024 (projected)
Cost Of Revenue	9.4M	12.2M	51.8M	54.4M
Interest Expense	643.2K	1.5M	2.6M	2.8M

Cost Of Revenue Interest Expense

EQ Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Inventory	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Property Plant Equipment	Other Liab
Total Assets		0.98	1.0	0.98	0.99	0.98	-0.44	1.0	0.32	1.0	0.62	1.0	0.8	1.0	0.99	0.91	0.98	0.61	0.98	0.98	0.89	0.87	0.0	0.88	0.9	0.9
Other Current Liab	0.98		0.98	0.94	0.96	0.96	-0.46	0.98	0.35	0.98	0.64	0.98	0.83	0.99	0.98	0.88	0.95	0.69	0.96	0.95	0.91	0.88	-0.03	0.91	0.93	0.89
Total Current Liabilities	1.0	0.98		0.97	0.98	0.98	-0.43	1.0	0.3	0.99	0.61	1.0	0.77	1.0	1.0	0.89	0.99	0.62	0.99	0.99	0.88	0.85	-0.04	0.85	0.88	0.89
Total Stockholder Equity	0.98	0.94	0.97		0.99	0.96	-0.48	0.97	0.27	0.98	0.56	0.97	0.75	0.96	0.97	0.94	0.97	0.52	0.95	0.97	0.82	0.81	0.09	0.81	0.87	0.84
Property Plant And Equipment Net	0.99	0.96	0.98	0.99		0.99	-0.47	0.98	0.21	0.99	0.52	0.99	0.73	0.97	0.98	0.93	0.99	0.54	0.98	0.99	0.82	0.78	0.03	0.79	0.84	0.82
Net Debt	0.98	0.96	0.98	0.96	0.99		-0.39	0.98	0.15	0.98	0.47	0.98	0.73	0.97	0.97	0.87	0.99	0.57	0.99	0.99	0.8	0.78	-0.05	0.8	0.81	0.83
Retained Earnings	-0.44	-0.46	-0.43	-0.48	-0.47	-0.39		-0.42	-0.17	-0.45	-0.29	-0.41	-0.24	-0.42	-0.42	-0.74	-0.41	-0.12	-0.35	-0.41	-0.51	-0.28	-0.42	-0.33	-0.55	-0.3
Accounts Payable	1.0	0.98	1.0	0.97	0.98	0.98	-0.42		0.31	0.99	0.61	1.0	0.78	1.0	1.0	0.89	0.99	0.62	0.99	0.99	0.89	0.85	-0.04	0.86	0.88	0.89
Cash	0.32	0.35	0.3	0.27	0.21	0.15	-0.17	0.31		0.32	0.92	0.3	0.47	0.35	0.35	0.25	0.19	0.33	0.21	0.22	0.58	0.57	0.12	0.54	0.57	0.52
Non Current Assets Total	1.0	0.98	0.99	0.98	0.99	0.98	-0.45	0.99	0.32		0.62	0.99	0.8	0.99	0.99	0.91	0.98	0.61	0.98	0.98	0.89	0.87	0.01	0.88	0.9	0.9
Cash And Short Term Investments	0.62	0.64	0.61	0.56	0.52	0.47	-0.29	0.61	0.92	0.62		0.6	0.67	0.65	0.65	0.52	0.51	0.5	0.52	0.53	0.82	0.79	0.07	0.77	0.8	0.76
Net Receivables	1.0	0.98	1.0	0.97	0.99	0.98	-0.41	1.0	0.3	0.99	0.6		0.79	0.99	1.0	0.89	0.99	0.62	0.99	0.99	0.88	0.85	-0.04	0.85	0.88	0.88
Common Stock Shares Outstanding	0.8	0.83	0.77	0.75	0.73	0.73	-0.24	0.78	0.47	0.8	0.67	0.79		0.81	0.79	0.64	0.71	0.83	0.75	0.7	0.79	0.91	-0.15	0.91	0.82	0.85
Total Liab	1.0	0.99	1.0	0.96	0.97	0.97	-0.42	1.0	0.35	0.99	0.65	0.99	0.81		0.99	0.88	0.97	0.65	0.98	0.98	0.91	0.89	-0.04	0.89	0.9	0.92
Total Current Assets	0.99	0.98	1.0	0.97	0.98	0.97	-0.42	1.0	0.35	0.99	0.65	1.0	0.79	0.99		0.89	0.98	0.62	0.98	0.99	0.89	0.85	-0.03	0.86	0.88	0.89
Common Stock	0.91	0.88	0.89	0.94	0.93	0.87	-0.74	0.89	0.25	0.91	0.52	0.89	0.64	0.88	0.89		0.89	0.41	0.85	0.89	0.8	0.7	0.24	0.72	0.85	0.74
Inventory	0.98	0.95	0.99	0.97	0.99	0.99	-0.41	0.99	0.19	0.98	0.51	0.99	0.71	0.97	0.98	0.89		0.55	0.99	1.0	0.81	0.77	-0.03	0.78	0.81	0.82
Other Current Assets	0.61	0.69	0.62	0.52	0.54	0.57	-0.12	0.62	0.33	0.61	0.5	0.62	0.83	0.65	0.62	0.41	0.55		0.61	0.54	0.66	0.71	-0.11	0.74	0.61	0.66
Short Long Term Debt Total	0.98	0.96	0.99	0.95	0.98	0.99	-0.35	0.99	0.21	0.98	0.52	0.99	0.75	0.98	0.98	0.85	0.99	0.61		0.99	0.82	0.81	-0.1	0.82	0.82	0.85
Short Term Debt	0.98	0.95	0.99	0.97	0.99	0.99	-0.41	0.99	0.22	0.98	0.53	0.99	0.7	0.98	0.99	0.89	1.0	0.54	0.99		0.82	0.78	-0.02	0.79	0.82	0.83
Current Deferred Revenue	0.89	0.91	0.88	0.82	0.82	0.8	-0.51	0.89	0.58	0.89	0.82	0.88	0.79	0.91	0.89	0.8	0.81	0.66	0.82	0.82		0.93	0.02	0.93	0.96	0.94
Non Currrent Assets Other	0.87	0.88	0.85	0.81	0.78	0.78	-0.28	0.85	0.57	0.87	0.79	0.85	0.91	0.89	0.85	0.7	0.77	0.71	0.81	0.78	0.93		-0.05	0.99	0.92	0.98
Short Term Investments	0.0	-0.03	-0.04	0.09	0.03	-0.05	-0.42	-0.04	0.12	0.01	0.07	-0.04	-0.15	-0.04	-0.03	0.24	-0.03	-0.11	-0.1	-0.02	0.02	-0.05		-0.05	0.17	-0.05
Non Current Liabilities Total	0.88	0.91	0.85	0.81	0.79	0.8	-0.33	0.86	0.54	0.88	0.77	0.85	0.91	0.89	0.86	0.72	0.78	0.74	0.82	0.79	0.93	0.99	-0.05		0.94	0.97
Property Plant Equipment	0.9	0.93	0.88	0.87	0.84	0.81	-0.55	0.88	0.57	0.9	0.8	0.88	0.82	0.9	0.88	0.85	0.81	0.61	0.82	0.82	0.96	0.92	0.17	0.94		0.91
Other Liab	0.9	0.89	0.89	0.84	0.82	0.83	-0.3	0.89	0.52	0.9	0.76	0.88	0.85	0.92	0.89	0.74	0.82	0.66	0.85	0.83	0.94	0.98	-0.05	0.97	0.91

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EQ Resources Account Relationship Matchups

EQ Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.4M	25.7M	31.3M	55.1M	166.3M	174.6M
Other Current Liab	125.8K	951.5K	3.7M	4.3M	10.3M	10.9M
Total Current Liabilities	1.2M	6.7M	9.6M	24.2M	94.2M	98.9M
Total Stockholder Equity	14.9M	16.7M	14.3M	16.3M	56.6M	59.5M
Property Plant And Equipment Net	9.2M	11.1M	17.8M	14.0M	99.5M	104.5M
Net Debt	(1.8M)	(2.6M)	4.8M	1.9M	42.2M	44.3M
Retained Earnings	(86.8K)	(4.7M)	(10.7M)	(14.4M)	(17.4M)	(16.5M)
Accounts Payable	587.1K	2.5M	3.7M	8.4M	32.0M	33.6M
Cash	3.0M	3.5M	1.7M	5.3M	3.5M	1.9M
Non Current Assets Total	17.7M	19.3M	25.7M	43.5M	127.7M	134.1M
Cash And Short Term Investments	3.0M	3.5M	1.7M	6.2M	4.3M	4.5M
Net Receivables	332.2K	1.9M	2.3M	3.9M	16.5M	17.3M
Common Stock Shares Outstanding	1.0B	1.2B	1.3B	1.4B	1.7B	1.8B
Liabilities And Stockholders Equity	21.4M	25.7M	31.3M	55.1M	166.3M	174.6M
Total Liab	6.5M	9.0M	17.0M	38.8M	109.7M	115.1M
Total Current Assets	3.7M	6.4M	5.6M	11.6M	38.6M	40.5M
Accumulated Other Comprehensive Income	0.0	782.8K	2.8M	3.5M	5.7M	6.0M
Common Stock	15.0M	20.6M	22.2M	27.2M	68.3M	71.8M
Inventory	108K	673.0K	876.4K	877.7K	17.1M	18.0M
Other Current Assets	309.5K	324.6K	632.3K	634.1K	656.6K	689.5K
Short Long Term Debt Total	3.7M	949.3K	6.5M	7.2M	45.7M	48.0M
Short Term Debt	200.7K	268.2K	665.8K	4.4M	44.7M	46.9M
Non Currrent Assets Other	8.5M	8.2M	7.9M	22.5M	23.1M	24.2M
Long Term Debt Total	3.5M	681.1K	5.9M	2.8M	3.3M	2.1M
Non Current Liabilities Total	5.3M	2.4M	7.3M	14.6M	15.5M	16.3M
Property Plant Equipment	9.2M	11.1M	17.8M	28.3M	32.5M	34.2M
Other Liab	4.3M	1.7M	1.4M	11.8M	13.6M	14.3M
Net Tangible Assets	14.9M	16.7M	14.3M	16.3M	18.8M	12.3M
Other Assets	8.5M	8.2M	7.9M	12.7M	1.0	0.95
Net Invested Capital	14.9M	16.7M	18.8M	21.4M	24.7M	14.2M
Long Term Investments	2.1K	3.6K	5.5K	2.6M	2.9M	3.1M
Net Working Capital	2.6M	(234.4K)	(4.1M)	(12.6M)	(11.3M)	(10.8M)
Long Term Debt	2.5M	0.0	4.5M	1.7M	1.9M	2.4M
Capital Lease Obligations	1.2M	949.3K	2.0M	2.1M	2.4M	1.8M
Capital Stock	15.0M	20.6M	22.2M	27.2M	31.3M	20.4M

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