| ETX Stock | | | USD 18.42 0.07 0.38% |
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance Municipal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance Municipal is a good investment. Please check the relationship between Eaton Vance Net Invested Capital and its Cash accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Municipal. 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.
Net Invested Capital vs Cash
Net Invested Capital vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eaton Vance Municipal Net Invested Capital account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Eaton Vance's Net Invested Capital and Cash is -0.35. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash in the same time period over historical financial statements of Eaton Vance Municipal, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Net Invested Capital and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Eaton Vance Municipal are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Invested Capital i.e., Eaton Vance's Net Invested Capital and Cash go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Cash
Cash refers to the most liquid asset of Eaton Vance Municipal, which is listed under current asset account on Eaton Vance Municipal balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Eaton Vance customers. The amounts must be unrestricted with restricted cash listed in a different Eaton Vance account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance Municipal 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 Eaton Vance Municipal. 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 this time, Eaton Vance's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 17.80 in 2024, whereas
Selling General Administrative is likely to drop slightly above 219.2
K in 2024.
Eaton Vance fundamental ratios Correlations
Click cells to compare fundamentals
Eaton Vance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton Vance fundamental ratios Accounts
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