Eaton Free Cash Flow vs Cash Conversion Cycle Analysis

EVN Stock

USD 10.39 0.04 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 Free Cash Flow and its Cash Conversion Cycle 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 real.

Free Cash Flow vs Cash Conversion Cycle

Free Cash Flow vs Cash Conversion Cycle Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance Municipal Free Cash Flow account and Cash Conversion Cycle. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Eaton Vance's Free Cash Flow and Cash Conversion Cycle is -0.56. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Conversion Cycle 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 Free Cash Flow and Cash Conversion Cycle is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Eaton Vance Municipal are associated (or correlated) with its Cash Conversion Cycle. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Conversion Cycle has no effect on the direction of Free Cash Flow i.e., Eaton Vance's Free Cash Flow and Cash Conversion Cycle go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Cash Conversion Cycle

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 real.

At this time, Eaton Vance's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 24th of November 2024, Enterprise Value Multiple is likely to grow to 30.38, while Selling General Administrative is likely to drop about 1.6 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	2.0M	1.8M	2.0M	1.9M
Cost Of Revenue	4.9M	4.2M	4.8M	6.6M

Total Operating Expenses Cost Of Revenue

Eaton Vance fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Net Tangible Assets	Long Term Debt	Long Term Investments	Short Long Term Debt Total	Long Term Debt Total	Capital Surpluse
Total Assets		-0.17	-0.12	0.89	0.84	0.63	0.47	0.99	-0.79	0.72	0.47	0.58	-0.58	0.84	0.71	0.77	0.89	0.8	-0.43	0.05	0.81	0.82	0.94	0.84	0.79	0.78
Other Current Liab	-0.17		0.99	-0.07	-0.54	-0.01	-0.22	-0.15	0.07	-0.25	-0.22	-0.22	0.39	-0.29	-0.19	-0.55	-0.24	-0.31	0.76	-0.07	-0.32	-0.37	-0.27	-0.4	-0.39	-0.3
Total Current Liabilities	-0.12	0.99		-0.02	-0.5	-0.02	-0.2	-0.1	0.01	-0.22	-0.2	-0.16	0.29	-0.2	-0.17	-0.49	-0.2	-0.22	0.73	0.05	-0.26	-0.29	-0.22	-0.35	-0.3	-0.22
Total Stockholder Equity	0.89	-0.07	-0.02		0.57	0.52	0.35	0.89	-0.81	0.48	0.35	0.63	-0.42	0.79	0.48	0.65	0.59	0.73	-0.19	-0.06	0.86	0.66	0.91	0.6	0.68	0.81
Net Debt	0.84	-0.54	-0.5	0.57		0.54	0.53	0.82	-0.53	0.75	0.53	0.41	-0.6	0.73	0.73	0.83	0.93	0.71	-0.75	0.1	0.63	0.82	0.76	0.89	0.75	0.62
Retained Earnings	0.63	-0.01	-0.02	0.52	0.54		0.55	0.63	-0.53	0.74	0.55	0.04	-0.22	0.23	0.67	0.16	0.61	0.48	0.0	-0.18	0.5	0.29	0.63	0.66	0.25	0.19
Cash	0.47	-0.22	-0.2	0.35	0.53	0.55		0.44	-0.36	0.59	1.0	0.01	-0.07	0.24	0.29	0.34	0.49	0.65	-0.32	0.3	0.27	0.2	0.41	0.42	0.12	0.15
Non Current Assets Total	0.99	-0.15	-0.1	0.89	0.82	0.63	0.44		-0.82	0.74	0.44	0.57	-0.64	0.86	0.7	0.76	0.88	0.79	-0.39	0.07	0.84	0.84	0.95	0.85	0.82	0.8
Non Currrent Assets Other	-0.79	0.07	0.01	-0.81	-0.53	-0.53	-0.36	-0.82		-0.7	-0.36	-0.55	0.63	-0.66	-0.44	-0.54	-0.6	-0.67	0.21	-0.21	-0.71	-0.56	-0.82	-0.6	-0.57	-0.62
Other Assets	0.72	-0.25	-0.22	0.48	0.75	0.74	0.59	0.74	-0.7		0.59	0.21	-0.62	0.48	0.54	0.48	0.81	0.63	-0.32	0.11	0.57	0.58	0.73	0.82	0.52	0.39
Cash And Short Term Investments	0.47	-0.22	-0.2	0.35	0.53	0.55	1.0	0.44	-0.36	0.59		0.01	-0.07	0.24	0.29	0.34	0.49	0.65	-0.32	0.3	0.27	0.2	0.41	0.42	0.12	0.15
Net Receivables	0.58	-0.22	-0.16	0.63	0.41	0.04	0.01	0.57	-0.55	0.21	0.01		-0.49	0.69	0.2	0.61	0.4	0.67	-0.39	0.16	0.52	0.59	0.51	0.36	0.61	0.67
Common Stock Total Equity	-0.58	0.39	0.29	-0.42	-0.6	-0.22	-0.07	-0.64	0.63	-0.62	-0.07	-0.49		-0.7	-0.41	-0.61	-0.62	-0.57	0.42	-0.41	-0.68	-0.81	-0.66	-0.72	-0.83	-0.7
Common Stock Shares Outstanding	0.84	-0.29	-0.2	0.79	0.73	0.23	0.24	0.86	-0.66	0.48	0.24	0.69	-0.7		0.44	0.92	0.7	0.71	-0.45	0.21	0.84	0.95	0.82	0.65	0.93	0.96
Non Current Liabilities Total	0.71	-0.19	-0.17	0.48	0.73	0.67	0.29	0.7	-0.44	0.54	0.29	0.2	-0.41	0.44		0.48	0.79	0.4	-0.47	0.02	0.45	0.56	0.62	0.74	0.5	0.34
Other Stockholder Equity	0.77	-0.55	-0.49	0.65	0.83	0.16	0.34	0.76	-0.54	0.48	0.34	0.61	-0.61	0.92	0.48		0.72	0.65	-0.72	0.21	0.7	0.88	0.72	0.63	0.83	0.83
Total Liab	0.89	-0.24	-0.2	0.59	0.93	0.61	0.49	0.88	-0.6	0.81	0.49	0.4	-0.62	0.7	0.79	0.72		0.71	-0.59	0.14	0.58	0.81	0.76	0.9	0.72	0.57
Total Current Assets	0.8	-0.31	-0.22	0.73	0.71	0.48	0.65	0.79	-0.67	0.63	0.65	0.67	-0.57	0.71	0.4	0.65	0.71		-0.45	0.34	0.67	0.68	0.74	0.71	0.66	0.67
Common Stock	-0.43	0.76	0.73	-0.19	-0.75	0.0	-0.32	-0.39	0.21	-0.32	-0.32	-0.39	0.42	-0.45	-0.47	-0.72	-0.59	-0.45		-0.25	-0.21	-0.53	-0.32	-0.52	-0.46	-0.34
Accounts Payable	0.05	-0.07	0.05	-0.06	0.1	-0.18	0.3	0.07	-0.21	0.11	0.3	0.16	-0.41	0.21	0.02	0.21	0.14	0.34	-0.25		-0.04	0.19	-0.03	-0.01	0.14	0.12
Net Tangible Assets	0.81	-0.32	-0.26	0.86	0.63	0.5	0.27	0.84	-0.71	0.57	0.27	0.52	-0.68	0.84	0.45	0.7	0.58	0.67	-0.21	-0.04		0.8	0.94	0.73	0.86	0.91
Long Term Debt	0.82	-0.37	-0.29	0.66	0.82	0.29	0.2	0.84	-0.56	0.58	0.2	0.59	-0.81	0.95	0.56	0.88	0.81	0.68	-0.53	0.19	0.8		0.8	0.8	0.98	0.9
Long Term Investments	0.94	-0.27	-0.22	0.91	0.76	0.63	0.41	0.95	-0.82	0.73	0.41	0.51	-0.66	0.82	0.62	0.72	0.76	0.74	-0.32	-0.03	0.94	0.8		0.85	0.82	0.83
Short Long Term Debt Total	0.84	-0.4	-0.35	0.6	0.89	0.66	0.42	0.85	-0.6	0.82	0.42	0.36	-0.72	0.65	0.74	0.63	0.9	0.71	-0.52	-0.01	0.73	0.8	0.85		0.79	0.62
Long Term Debt Total	0.79	-0.39	-0.3	0.68	0.75	0.25	0.12	0.82	-0.57	0.52	0.12	0.61	-0.83	0.93	0.5	0.83	0.72	0.66	-0.46	0.14	0.86	0.98	0.82	0.79		0.94
Capital Surpluse	0.78	-0.3	-0.22	0.81	0.62	0.19	0.15	0.8	-0.62	0.39	0.15	0.67	-0.7	0.96	0.34	0.83	0.57	0.67	-0.34	0.12	0.91	0.9	0.83	0.62	0.94

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Eaton Vance Account Relationship Matchups

Eaton Vance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	866.5M	865.1M	680.8M	617.7M	710.3M	594.1M
Other Current Liab	(555.4K)	(6.9M)	(4.9M)	(4.9M)	(4.4M)	(4.2M)
Total Current Liabilities	555.4K	6.9M	4.9M	7.3M	6.6M	6.2M
Total Stockholder Equity	560.3M	564.4M	446.3M	440.8M	506.9M	437.6M
Net Debt	301.1M	283.0M	224.1M	171.2M	196.8M	136.6M
Retained Earnings	81.3M	85.4M	(32.7M)	(36.6M)	(42.1M)	(40.0M)
Cash	3.9M	10.0M	4.9M	134.8K	155.0K	147.2K
Non Current Assets Total	852.2M	844.5M	664.0M	605.9M	696.8M	573.9M
Non Currrent Assets Other	(852.2M)	(844.5M)	(664.0M)	(605.9M)	(545.3M)	(572.6M)
Other Assets	866.5M	865.1M	680.8M	118.2K	135.9K	129.1K
Cash And Short Term Investments	3.9M	10.0M	4.9M	134.8K	155.0K	147.2K
Net Receivables	10.4M	10.5M	11.9M	11.5M	13.2M	10.6M
Liabilities And Stockholders Equity	866.5M	865.1M	680.8M	617.7M	710.3M	594.1M
Non Current Liabilities Total	305.0M	293.1M	4.9M	171.3M	197.0M	156.0M
Other Stockholder Equity	478.7M	478.6M	478.6M	477.0M	548.5M	283.0M
Total Liab	306.2M	300.7M	234.5M	176.9M	203.4M	156.6M
Total Current Assets	14.3M	20.5M	16.8M	11.6M	13.4M	12.9M
Accounts Payable	555.4K	6.9M	4.9M	4.9M	5.7M	3.7M
Net Tangible Assets	547.0M	560.3M	564.4M	446.3M	513.3M	429.9M
Long Term Debt	203.6M	318.2M	305.0M	293.1M	337.0M	217.4M
Long Term Investments	852.2M	844.5M	664.0M	605.9M	696.8M	647.6M
Short Long Term Debt Total	305.0M	293.1M	229.0M	171.3M	197.0M	235.0M
Long Term Debt Total	203.6M	318.2M	305.0M	293.1M	337.0M	267.4M
Other Current Assets	(14.3M)	(20.5M)	(16.8M)	(11.6M)	(10.5M)	(11.0M)
Net Invested Capital	865.3M	857.5M	675.3M	612.1M	703.9M	760.9M

Pair Trading with Eaton Vance

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton Vance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton Vance will appreciate offsetting losses from the drop in the long position's value.

Moving against Eaton Stock

0.83	LC	LendingClub Corp	Pair Corr
0.72	MS	Morgan Stanley Sell-off Trend	Pair Corr
0.7	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.63	DIST	Distoken Acquisition	Pair Corr
0.58	AB	AllianceBernstein	Pair Corr

The ability to find closely correlated positions to Eaton Vance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton Vance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton Vance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton Vance Municipal to buy it.

The correlation of Eaton Vance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton Vance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton Vance Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eaton Vance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Eaton Vance Municipal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton Vance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eaton Vance Municipal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Vance Municipal Stock:

How To Invest In Eaton

Details

Is Eaton Stock a good investment?

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What is Eaton Vance's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

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Largest Financial Services Companies

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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 real.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

Is Asset Management & Custody Banks 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 Eaton Vance. If investors know Eaton 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 Eaton Vance 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

0.586

Dividend Share

0.497

Earnings Share

0.44

Revenue Per Share

0.722

Quarterly Revenue Growth

(0.01)

The market value of Eaton Vance Municipal is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance'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 Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance'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 Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance'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.

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Eaton Free Cash Flow vs Cash Conversion Cycle Analysis

Free Cash Flow vs Cash Conversion Cycle

Free Cash Flow vs Cash Conversion Cycle Correlation Analysis

Correlation Coefficient

Free Cash Flow

Cash Conversion Cycle

Eaton Vance fundamental ratios Correlations

Eaton Vance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eaton Vance fundamental ratios Accounts

Pair Trading with Eaton Vance

Moving against Eaton Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Long Term Debt Total	+ 0.98	Long Term Debt
Capital Surpluse	+ 0.96	Common Stock Shares Outstanding
Long Term Investments	+ 0.95	Non Current Assets Total

Long Term Debt Total	- 0.83	Common Stock Total Equity
Long Term Investments	- 0.82	Non Currrent Assets Other
Non Currrent Assets Other	- 0.82	Non Current Assets Total
Long Term Debt	- 0.81	Common Stock Total Equity
Non Currrent Assets Other	- 0.81	Total Stockholder Equity
Non Currrent Assets Other	- 0.79	Total Assets