Eastern Interest Coverage from 2010 to 2024

EML Stock  USD 27.99  0.91  3.36%   
Eastern Interest Coverage yearly trend continues to be quite stable with very little volatility. The value of Interest Coverage is projected to decrease to 5.32. From the period between 2010 and 2024, Eastern, Interest Coverage regression line of its data series had standard deviation of  22.21 and standard deviation of  22.21. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
5.6
Current Value
5.32
Quarterly Volatility
22.21040359
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eastern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastern's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 3.7 M or Total Revenue of 287.1 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0304 or PTB Ratio of 1.07. Eastern financial statements analysis is a perfect complement when working with Eastern Valuation or Volatility modules.
  
Check out the analysis of Eastern Correlation against competitors.

Latest Eastern's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Eastern Co over the last few years. It is Eastern's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastern's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

Eastern Interest Coverage Regression Statistics

Arithmetic Mean16.25
Geometric Mean11.09
Coefficient Of Variation136.65
Mean Deviation12.90
Median9.98
Standard Deviation22.21
Sample Variance493.30
Range86.3333
R-Value(0.22)
Mean Square Error505.18
R-Squared0.05
Significance0.43
Slope(1.10)
Total Sum of Squares6,906

Eastern Interest Coverage History

2024 5.32
2023 5.6
2022 6.23
2016 91.65
2012 9.98
2011 37.64
2010 7.52

About Eastern Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Eastern income statement, its balance sheet, and the statement of cash flows. Eastern investors use historical funamental indicators, such as Eastern's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Eastern investors may use each financial statement separately, they are all related. The changes in Eastern's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastern's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eastern Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eastern. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 5.60  5.32 

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Additional Information and Resources on Investing in Eastern Stock

When determining whether Eastern is a strong investment it is important to analyze Eastern'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 Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:
Check out the analysis of Eastern Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Industrial Machinery & Supplies & Components 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 Eastern. If investors know Eastern 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 Eastern 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
2.177
Dividend Share
0.44
Earnings Share
1.58
Revenue Per Share
43.157
Quarterly Revenue Growth
(0.06)
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern'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 Eastern's market value can be influenced by many factors that don't directly affect Eastern'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 Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern'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.