Eastfield Total Cash From Operating Activities vs Asset Turnover Analysis

ETF Stock

CAD 0.03 0.01 16.67%

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

Total Cash From Operating Activities vs Asset Turnover

Total Cash From Operating Activities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastfield Resources Total Cash From Operating Activities account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Eastfield Resources' Total Cash From Operating Activities and Asset Turnover is -0.23. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Eastfield Resources, assuming nothing else is changed. The correlation between historical values of Eastfield Resources' Total Cash From Operating Activities and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Eastfield Resources are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Cash From Operating Activities i.e., Eastfield Resources' Total Cash From Operating Activities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Cash From Operating Activities

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from Eastfield Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastfield 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 Eastfield 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 drop to about 110.4 K in 2024. Tax Provision is expected to grow at the current pace this year

Eastfield 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	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Short Long Term Debt Total	Short Term Debt	Inventory	Short Term Investments	Non Current Liabilities Total	Intangible Assets	Common Stock	Other Liab
Total Assets		-0.37	0.3	0.98	0.48	0.26	0.04	0.74	-0.09	0.81	-0.17	-0.18	0.53	-0.58	-0.27	0.73	-0.17	-0.3	0.54	-0.37	-0.56	-0.46	0.73	-0.58	-0.13	0.15
Other Current Liab	-0.37		0.69	-0.45	-0.65	0.39	-0.79	-0.07	-0.45	-0.09	-0.28	-0.42	0.08	0.04	-0.46	0.06	-0.37	0.88	-0.73	0.8	0.07	0.15	-0.2	0.06	0.83	-0.89
Total Current Liabilities	0.3	0.69		0.16	-0.04	0.76	-0.76	0.61	-0.71	0.61	-0.66	-0.66	0.39	-0.21	-0.41	0.74	-0.73	0.57	-0.51	0.6	-0.17	-0.39	0.47	-0.19	0.79	-0.63
Total Stockholder Equity	0.98	-0.45	0.16		0.44	0.11	0.11	0.66	0.06	0.7	-0.01	-0.06	0.52	-0.63	-0.3	0.6	-0.02	-0.35	0.67	-0.48	-0.61	-0.35	0.62	-0.63	-0.25	0.19
Property Plant And Equipment Net	0.48	-0.65	-0.04	0.44		0.33	0.29	0.53	-0.26	0.6	-0.44	-0.04	0.06	-0.03	0.48	0.46	-0.35	-0.66	0.29	-0.55	-0.02	-0.54	0.58	-0.02	-0.38	0.69
Net Debt	0.26	0.39	0.76	0.11	0.33		-0.45	0.56	-0.98	0.76	-0.96	-0.67	0.05	0.12	0.01	0.74	-0.98	0.37	-0.5	0.44	0.16	-0.49	0.65	0.14	0.5	-0.33
Retained Earnings	0.04	-0.79	-0.76	0.11	0.29	-0.45		-0.26	0.49	-0.15	0.32	0.36	-0.55	0.44	0.68	-0.23	0.39	-0.79	0.39	-0.56	0.41	-0.2	0.13	0.42	-0.8	0.75
Accounts Payable	0.74	-0.07	0.61	0.66	0.53	0.56	-0.26		-0.46	0.85	-0.56	-0.28	0.46	-0.39	-0.16	0.81	-0.54	-0.07	0.17	-0.03	-0.37	-0.46	0.68	-0.38	0.14	0.06
Cash	-0.09	-0.45	-0.71	0.06	-0.26	-0.98	0.49	-0.46		-0.63	0.96	0.62	0.04	-0.2	-0.04	-0.6	0.98	-0.45	0.57	-0.49	-0.24	0.38	-0.51	-0.22	-0.5	0.36
Non Current Assets Total	0.81	-0.09	0.61	0.7	0.6	0.76	-0.15	0.85	-0.63		-0.71	-0.52	0.33	-0.25	-0.06	0.94	-0.72	-0.07	0.06	-0.03	-0.21	-0.65	0.91	-0.24	0.16	0.03
Cash And Short Term Investments	-0.17	-0.28	-0.66	-0.01	-0.44	-0.96	0.32	-0.56	0.96	-0.71		0.59	0.08	-0.26	-0.21	-0.69	0.99	-0.23	0.51	-0.36	-0.3	0.53	-0.64	-0.27	-0.39	0.14
Net Receivables	-0.18	-0.42	-0.66	-0.06	-0.04	-0.67	0.36	-0.28	0.62	-0.52	0.59		-0.04	-0.11	0.05	-0.6	0.69	-0.44	0.54	-0.49	-0.18	0.53	-0.53	-0.15	-0.55	0.4
Common Stock Shares Outstanding	0.53	0.08	0.39	0.52	0.06	0.05	-0.55	0.46	0.04	0.33	0.08	-0.04		-0.94	-0.79	0.37	0.07	0.17	0.39	-0.01	-0.93	0.19	0.07	-0.94	0.41	-0.11
Other Current Assets	-0.58	0.04	-0.21	-0.63	-0.03	0.12	0.44	-0.39	-0.2	-0.25	-0.26	-0.11	-0.94		0.82	-0.22	-0.23	-0.12	-0.6	0.21	1.0	-0.28	0.02	1.0	-0.17	0.11
Other Stockholder Equity	-0.27	-0.46	-0.41	-0.3	0.48	0.01	0.68	-0.16	-0.04	-0.06	-0.21	0.05	-0.79	0.82		-0.1	-0.14	-0.61	-0.21	-0.27	0.81	-0.46	0.2	0.81	-0.51	0.6
Total Liab	0.73	0.06	0.74	0.6	0.46	0.74	-0.23	0.81	-0.6	0.94	-0.69	-0.6	0.37	-0.22	-0.1		-0.7	-0.01	-0.13	0.17	-0.17	-0.71	0.92	-0.2	0.38	-0.06
Total Current Assets	-0.17	-0.37	-0.73	-0.02	-0.35	-0.98	0.39	-0.54	0.98	-0.72	0.99	0.69	0.07	-0.23	-0.14	-0.7		-0.33	0.56	-0.42	-0.28	0.54	-0.63	-0.26	-0.45	0.27
Non Currrent Assets Other	-0.3	0.88	0.57	-0.35	-0.66	0.37	-0.79	-0.07	-0.45	-0.07	-0.23	-0.44	0.17	-0.12	-0.61	-0.01	-0.33		-0.5	0.78	-0.09	0.36	-0.26	-0.1	0.73	-0.89
Short Long Term Debt Total	0.54	-0.73	-0.51	0.67	0.29	-0.5	0.39	0.17	0.57	0.06	0.51	0.54	0.39	-0.6	-0.21	-0.13	0.56	-0.5		-0.76	-0.63	0.25	-0.04	-0.62	-0.65	0.49
Short Term Debt	-0.37	0.8	0.6	-0.48	-0.55	0.44	-0.56	-0.03	-0.49	-0.03	-0.36	-0.49	-0.01	0.21	-0.27	0.17	-0.42	0.78	-0.76		0.23	0.07	-0.03	0.22	0.83	-0.68
Inventory	-0.56	0.07	-0.17	-0.61	-0.02	0.16	0.41	-0.37	-0.24	-0.21	-0.3	-0.18	-0.93	1.0	0.81	-0.17	-0.28	-0.09	-0.63	0.23		-0.32	0.06	1.0	-0.13	0.09
Short Term Investments	-0.46	0.15	-0.39	-0.35	-0.54	-0.49	-0.2	-0.46	0.38	-0.65	0.53	0.53	0.19	-0.28	-0.46	-0.71	0.54	0.36	0.25	0.07	-0.32		-0.84	-0.3	0.02	-0.16
Non Current Liabilities Total	0.73	-0.2	0.47	0.62	0.58	0.65	0.13	0.68	-0.51	0.91	-0.64	-0.53	0.07	0.02	0.2	0.92	-0.63	-0.26	-0.04	-0.03	0.06	-0.84		0.04	0.06	0.15
Intangible Assets	-0.58	0.06	-0.19	-0.63	-0.02	0.14	0.42	-0.38	-0.22	-0.24	-0.27	-0.15	-0.94	1.0	0.81	-0.2	-0.26	-0.1	-0.62	0.22	1.0	-0.3	0.04		-0.15	0.1
Common Stock	-0.13	0.83	0.79	-0.25	-0.38	0.5	-0.8	0.14	-0.5	0.16	-0.39	-0.55	0.41	-0.17	-0.51	0.38	-0.45	0.73	-0.65	0.83	-0.13	0.02	0.06	-0.15		-0.65
Other Liab	0.15	-0.89	-0.63	0.19	0.69	-0.33	0.75	0.06	0.36	0.03	0.14	0.4	-0.11	0.11	0.6	-0.06	0.27	-0.89	0.49	-0.68	0.09	-0.16	0.15	0.1	-0.65

Click cells to compare fundamentals

Eastfield Resources Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Eastfield Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Eastfield Total Cash From Operating Activities vs Asset Turnover Analysis

Total Cash From Operating Activities vs Asset Turnover

Total Cash From Operating Activities vs Asset Turnover Correlation Analysis

Correlation Coefficient

Total Cash From Operating Activities

Asset Turnover

Eastfield Resources fundamental ratios Correlations

Eastfield Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Eastfield Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Other Current Assets
Intangible Assets	+ 1.0	Other Current Assets
Intangible Assets	+ 1.0	Inventory
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Cash

Total Current Assets	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.96	Net Debt
Intangible Assets	- 0.94	Common Stock Shares Outstanding
Other Current Assets	- 0.94	Common Stock Shares Outstanding
Inventory	- 0.93	Common Stock Shares Outstanding