Economic Historical Balance Sheet
| EVT Stock | CAD 182.00 0.40 0.22% |
Trend analysis of Economic Investment Trust balance sheet accounts such as Total Stockholder Equity of 952.3 M or Other Liab of 77.9 M provides information on Economic Investment's total assets, liabilities, and equity, which is the actual value of Economic Investment Trust to its prevalent stockholders. By breaking down trends over time using Economic Investment balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Economic Investment Trust latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Economic Investment Trust is a good buy for the upcoming year.
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About Economic Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Economic Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Economic Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Economic Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Economic currently owns. An asset can also be divided into two categories, current and non-current.
Economic Investment Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Economic Investment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Economic Investment Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Economic Investment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Economic Investment Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Economic Investment's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Economic Investment Trust current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Economic Investment Trust. 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. At this time, Economic Investment's Total Current Liabilities is very stable compared to the past year. As of the 31st of January 2025, Cash is likely to grow to about 55.7 M, while Total Assets are likely to drop about 1 B.
| 2021 | 2022 | 2024 | 2025 (projected) | Total Current Liabilities | 23.2M | 14.8M | 17.0M | 17.9M | Total Assets | 1.2B | 1.1B | 1.3B | 1.0B |
Economic Investment balance sheet Correlations
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Economic Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Economic Investment balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 984.2M | 991.9M | 1.2B | 1.1B | 1.3B | 1.0B | |
| Total Current Liabilities | 3.1M | 817K | 23.2M | 14.8M | 17.0M | 17.9M | |
| Total Stockholder Equity | 903.6M | 916.0M | 1.1B | 1.0B | 1.2B | 952.3M | |
| Other Liab | 77.5M | 75.0M | 73.2M | 75.6M | 86.9M | 77.9M | |
| Net Tangible Assets | 903.6M | 916.0M | 1.1B | 1.0B | 1.2B | 952.3M | |
| Retained Earnings | 697.5M | 712.3M | 894.5M | 809.7M | 931.1M | 726.9M | |
| Cash | 17.4M | 36.1M | 11.2M | 46.1M | 53.0M | 55.7M | |
| Other Assets | 93.9M | 86.9M | 888K | 1.8M | 1.6M | 1.5M | |
| Net Receivables | 2.6M | 7.8M | 1.5M | 11.3M | 13.0M | 13.7M | |
| Total Liab | 80.6M | 75.9M | 96.5M | 90.4M | 103.9M | 84.1M | |
| Total Current Assets | 38.7M | 19.0M | 47.6M | 24.2M | 27.8M | 25.3M | |
| Cash And Short Term Investments | 36.1M | 11.2M | 46.1M | 12.8M | 14.8M | 22.8M | |
| Liabilities And Stockholders Equity | 984.2M | 991.9M | 1.2B | 1.1B | 1.3B | 1.1B | |
| Cash And Equivalents | 36.1M | 11.2M | 46.1M | 12.8M | 14.8M | 22.4M |
Pair Trading with Economic Investment
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 Economic Investment 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 Economic Investment will appreciate offsetting losses from the drop in the long position's value.Moving against Economic Stock
The ability to find closely correlated positions to Economic Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Economic Investment 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 Economic Investment - 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 Economic Investment Trust to buy it.
The correlation of Economic Investment 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 Economic Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Economic Investment Trust 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 Economic Investment 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.Other Information on Investing in Economic Stock
Balance Sheet is a snapshot of the financial position of Economic Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Economic Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Economic Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Economic currently owns. An asset can also be divided into two categories, current and non-current.