Ethan Retained Earnings vs Intangible Assets Analysis
ETD Stock | USD 29.79 0.48 1.64% |
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 Retained Earnings and its Intangible Assets 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.
Retained Earnings vs Intangible Assets
Retained Earnings vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ethan Allen Interiors Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Ethan Allen's Retained Earnings and Intangible Assets is -0.83. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets 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 Retained Earnings and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ethan Allen Interiors are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Ethan Allen's Retained Earnings and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Revenue | 817.8M | 791.4M | 646.2M | 819.5M | Depreciation And Amortization | 16.0M | 15.6M | 16.0M | 15.4M |
Ethan Allen fundamental ratios Correlations
Click cells to compare fundamentals
Ethan Allen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ethan Allen fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 622.8M | 683.2M | 719.9M | 745.5M | 744.9M | 664.3M | |
Short Long Term Debt Total | 179.5M | 125.3M | 115.2M | 130.3M | 129.3M | 108.4M | |
Other Current Liab | 3.7M | (112.2M) | 26.4M | 30.1M | 24.6M | 27.9M | |
Total Current Liabilities | 139.0M | 223.9M | 215.6M | 163.1M | 153.7M | 137.2M | |
Total Stockholder Equity | 328.1M | 351.4M | 407.3M | 471.0M | 483.0M | 394.8M | |
Property Plant And Equipment Net | 346.0M | 340.2M | 324.3M | 338.0M | 329.5M | 298.4M | |
Net Debt | 107.2M | 20.7M | 5.3M | 68.2M | 59.6M | 31.6M | |
Retained Earnings | 638.6M | 655.3M | 710.4M | 769.8M | 783.4M | 480.9M | |
Accounts Payable | 43.9M | 61.7M | 37.4M | 28.6M | 27.4M | 26.7M | |
Cash | 72.3M | 104.6M | 109.9M | 62.1M | 69.7M | 63.3M | |
Non Current Assets Total | 392.8M | 388.0M | 373.1M | 386M | 412.2M | 371.5M | |
Non Currrent Assets Other | 1.6M | 1.6M | 2.9M | 1.7M | 2.0M | 1.9M | |
Cash And Short Term Investments | 72.3M | 104.6M | 121.1M | 172.7M | 161.0M | 169.1M | |
Net Receivables | 8.1M | 9.0M | 17.0M | 11.6M | 6.8M | 6.4M | |
Common Stock Shares Outstanding | 26.1M | 25.4M | 25.5M | 25.6M | 25.6M | 26.7M | |
Liabilities And Stockholders Equity | 622.8M | 683.2M | 719.9M | 745.5M | 744.9M | 664.3M | |
Non Current Liabilities Total | 155.7M | 107.9M | 96.9M | 111.4M | 108.3M | 96.3M | |
Inventory | 126.1M | 144.0M | 176.5M | 149.2M | 142.0M | 165.3M | |
Other Current Assets | 23.5M | 52.1M | 32.1M | 26.0M | 22.8M | 31.1M | |
Other Stockholder Equity | (302.6M) | (298.5M) | (297.1M) | (296.5M) | (296.7M) | (281.9M) | |
Total Liab | 294.7M | 331.8M | 312.6M | 274.4M | 262.0M | 269.5M | |
Total Current Assets | 230.0M | 295.3M | 346.7M | 359.5M | 332.7M | 292.8M | |
Short Term Debt | 27.4M | 54.8M | 26.2M | 26.4M | 27.7M | 29.1M | |
Accumulated Other Comprehensive Income | (8.4M) | (5.9M) | (6.5M) | (2.8M) | (4.2M) | (4.4M) | |
Current Deferred Revenue | 64.0M | 130.6M | 121.1M | 77.8M | 73.5M | 68.1M | |
Other Assets | 1.7M | 2.7M | 3.7M | 2.8M | 2.6M | 3.1M | |
Long Term Debt Total | 50.1M | 788K | 579K | 204K | 183.6K | 174.4K | |
Capital Surpluse | 378.3M | 382.5M | 384.8M | 386.1M | 444.1M | 418.7M | |
Cash And Equivalents | 72.3M | 104.6M | 109.9M | 62.1M | 71.4M | 70.7M | |
Property Plant Equipment | 346.0M | 340.2M | 324.3M | 338.0M | 388.7M | 335.0M | |
Other Liab | 3.5M | 10.0M | 7.4M | 6.8M | 6.2M | 10.0M | |
Net Tangible Assets | 282.9M | 306.3M | 362.2M | 425.9M | 489.8M | 373.0M | |
Net Invested Capital | 378.1M | 351.4M | 407.3M | 471.0M | 483.0M | 455.3M | |
Property Plant And Equipment Gross | 346.0M | 324.3M | 338.0M | 672.6M | 676.1M | 431.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.