Ethan Non Currrent Assets Other vs Inventory Analysis

ETD Stock  USD 29.93  0.62  2.12%   
Ethan Allen financial indicator trend analysis is much more than just examining Ethan Allen Interiors latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ethan Allen Interiors is a good investment. Please check the relationship between Ethan Allen Non Currrent Assets Other and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethan Allen Interiors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Non Currrent Assets Other vs Inventory

Non Currrent Assets Other vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ethan Allen Interiors Non Currrent Assets Other account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ethan Allen's Non Currrent Assets Other and Inventory is -0.52. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Inventory in the same time period over historical financial statements of Ethan Allen Interiors, assuming nothing else is changed. The correlation between historical values of Ethan Allen's Non Currrent Assets Other and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Ethan Allen Interiors are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Currrent Assets Other i.e., Ethan Allen's Non Currrent Assets Other and Inventory go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Inventory

Most indicators from Ethan Allen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ethan Allen Interiors 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 Ethan Allen Interiors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At present, Ethan Allen's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.3 B, whereas Enterprise Value Over EBITDA is forecasted to decline to 6.80.
 2021 2022 2023 2024 (projected)
Total Revenue817.8M791.4M646.2M819.5M
Depreciation And Amortization16.0M15.6M16.0M15.4M

Ethan Allen fundamental ratios Correlations

0.3-0.130.790.750.91-0.080.70.130.780.94-0.360.91-0.67-0.750.070.480.43-0.690.580.960.53-0.540.690.71-0.67
0.3-0.190.14-0.330.270.86-0.310.280.360.380.280.390.210.180.91-0.520.210.280.860.210.420.39-0.270.030.29
-0.13-0.19-0.510.08-0.3-0.05-0.05-0.8-0.19-0.230.34-0.040.10.260.020.14-0.80.11-0.3-0.04-0.80.1-0.02-0.58-0.02
0.790.14-0.510.540.81-0.280.650.490.790.74-0.440.57-0.52-0.75-0.10.540.74-0.670.540.770.64-0.490.590.98-0.6
0.75-0.330.080.540.68-0.550.9-0.060.370.66-0.570.64-0.79-0.85-0.530.720.08-0.84-0.090.760.19-0.80.820.5-0.81
0.910.27-0.30.810.68-0.090.770.30.730.97-0.490.72-0.77-0.850.020.440.46-0.80.530.780.59-0.630.730.74-0.74
-0.080.86-0.05-0.28-0.55-0.09-0.60.06-0.130.030.350.070.490.50.87-0.78-0.060.590.55-0.170.230.65-0.59-0.350.62
0.7-0.31-0.050.650.90.77-0.60.140.470.68-0.580.44-0.85-0.93-0.530.750.14-0.95-0.050.660.16-0.830.840.61-0.92
0.130.28-0.80.49-0.060.30.060.140.180.21-0.370.01-0.09-0.36-0.020.020.53-0.220.280.070.59-0.110.110.5-0.1
0.780.36-0.190.790.370.73-0.130.470.180.73-0.010.64-0.47-0.50.270.350.54-0.50.720.750.39-0.390.480.72-0.53
0.940.38-0.230.740.660.970.030.680.210.73-0.40.82-0.74-0.770.140.350.43-0.710.60.810.6-0.540.690.66-0.67
-0.360.280.34-0.44-0.57-0.490.35-0.58-0.37-0.01-0.4-0.210.520.710.55-0.52-0.250.620.16-0.29-0.450.4-0.55-0.470.47
0.910.39-0.040.570.640.720.070.440.010.640.82-0.21-0.52-0.540.20.310.36-0.470.590.90.52-0.420.570.48-0.46
-0.670.210.1-0.52-0.79-0.770.49-0.85-0.09-0.47-0.740.52-0.520.880.4-0.66-0.220.93-0.03-0.55-0.230.85-0.94-0.490.94
-0.750.180.26-0.75-0.85-0.850.5-0.93-0.36-0.5-0.770.71-0.540.880.47-0.74-0.340.97-0.09-0.67-0.410.83-0.91-0.730.9
0.070.910.02-0.1-0.530.020.87-0.53-0.020.270.140.550.20.40.47-0.650.060.510.770.020.150.59-0.48-0.20.46
0.48-0.520.140.540.720.44-0.780.750.020.350.35-0.520.31-0.66-0.74-0.650.12-0.8-0.170.54-0.06-0.660.830.54-0.82
0.430.21-0.80.740.080.46-0.060.140.530.540.43-0.250.36-0.22-0.340.060.12-0.230.540.380.8-0.180.230.79-0.15
-0.690.280.11-0.67-0.84-0.80.59-0.95-0.22-0.5-0.710.62-0.470.930.970.51-0.8-0.23-0.01-0.62-0.230.86-0.95-0.640.97
0.580.86-0.30.54-0.090.530.55-0.050.280.720.60.160.59-0.03-0.090.77-0.170.54-0.010.520.560.160.030.45-0.01
0.960.21-0.040.770.760.78-0.170.660.070.750.81-0.290.9-0.55-0.670.020.540.38-0.620.520.43-0.50.630.69-0.61
0.530.42-0.80.640.190.590.230.160.590.390.6-0.450.52-0.23-0.410.15-0.060.8-0.230.560.43-0.20.20.67-0.07
-0.540.390.1-0.49-0.8-0.630.65-0.83-0.11-0.39-0.540.4-0.420.850.830.59-0.66-0.180.860.16-0.5-0.2-0.84-0.50.83
0.69-0.27-0.020.590.820.73-0.590.840.110.480.69-0.550.57-0.94-0.91-0.480.830.23-0.950.030.630.2-0.840.56-0.95
0.710.03-0.580.980.50.74-0.350.610.50.720.66-0.470.48-0.49-0.73-0.20.540.79-0.640.450.690.67-0.50.56-0.55
-0.670.29-0.02-0.6-0.81-0.740.62-0.92-0.1-0.53-0.670.47-0.460.940.90.46-0.82-0.150.97-0.01-0.61-0.070.83-0.95-0.55
Click cells to compare fundamentals

Ethan Allen Account Relationship Matchups

Ethan Allen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets622.8M683.2M719.9M745.5M744.9M664.3M
Short Long Term Debt Total179.5M125.3M115.2M130.3M129.3M108.4M
Other Current Liab3.7M(112.2M)26.4M30.1M24.6M27.9M
Total Current Liabilities139.0M223.9M215.6M163.1M153.7M137.2M
Total Stockholder Equity328.1M351.4M407.3M471.0M483.0M394.8M
Property Plant And Equipment Net346.0M340.2M324.3M338.0M329.5M298.4M
Net Debt107.2M20.7M5.3M68.2M59.6M31.6M
Retained Earnings638.6M655.3M710.4M769.8M783.4M480.9M
Accounts Payable43.9M61.7M37.4M28.6M27.4M26.7M
Cash72.3M104.6M109.9M62.1M69.7M63.3M
Non Current Assets Total392.8M388.0M373.1M386M412.2M371.5M
Non Currrent Assets Other1.6M1.6M2.9M1.7M2.0M1.9M
Cash And Short Term Investments72.3M104.6M121.1M172.7M161.0M169.1M
Net Receivables8.1M9.0M17.0M11.6M6.8M6.4M
Common Stock Shares Outstanding26.1M25.4M25.5M25.6M25.6M26.7M
Liabilities And Stockholders Equity622.8M683.2M719.9M745.5M744.9M664.3M
Non Current Liabilities Total155.7M107.9M96.9M111.4M108.3M96.3M
Inventory126.1M144.0M176.5M149.2M142.0M165.3M
Other Current Assets23.5M52.1M32.1M26.0M22.8M31.1M
Other Stockholder Equity(302.6M)(298.5M)(297.1M)(296.5M)(296.7M)(281.9M)
Total Liab294.7M331.8M312.6M274.4M262.0M269.5M
Total Current Assets230.0M295.3M346.7M359.5M332.7M292.8M
Short Term Debt27.4M54.8M26.2M26.4M27.7M29.1M
Accumulated Other Comprehensive Income(8.4M)(5.9M)(6.5M)(2.8M)(4.2M)(4.4M)
Current Deferred Revenue64.0M130.6M121.1M77.8M73.5M68.1M
Other Assets1.7M2.7M3.7M2.8M2.6M3.1M
Long Term Debt Total50.1M788K579K204K183.6K174.4K
Capital Surpluse378.3M382.5M384.8M386.1M444.1M418.7M
Cash And Equivalents72.3M104.6M109.9M62.1M71.4M70.7M
Property Plant Equipment346.0M340.2M324.3M338.0M388.7M335.0M
Other Liab3.5M10.0M7.4M6.8M6.2M10.0M
Net Tangible Assets282.9M306.3M362.2M425.9M489.8M373.0M
Net Invested Capital378.1M351.4M407.3M471.0M483.0M455.3M
Property Plant And Equipment Gross346.0M324.3M338.0M672.6M676.1M431.8M

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When determining whether Ethan Allen Interiors is a strong investment it is important to analyze Ethan Allen'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 Ethan Allen's future performance. For an informed investment choice regarding Ethan Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethan Allen Interiors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Household Durables 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 Ethan Allen. If investors know Ethan 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 Ethan Allen 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
(0.02)
Dividend Share
1.5
Earnings Share
2.48
Revenue Per Share
24.932
Quarterly Revenue Growth
(0.06)
The market value of Ethan Allen Interiors is measured differently than its book value, which is the value of Ethan that is recorded on the company's balance sheet. Investors also form their own opinion of Ethan Allen's value that differs from its market value or its book value, called intrinsic value, which is Ethan Allen'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 Ethan Allen's market value can be influenced by many factors that don't directly affect Ethan Allen'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 Ethan Allen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ethan Allen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ethan Allen'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.