Eventbrite Change In Cash vs Depreciation Analysis

EB Stock  USD 5.14  0.20  3.75%   
Eventbrite financial indicator trend analysis is much more than just examining Eventbrite Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eventbrite Class A is a good investment. Please check the relationship between Eventbrite Change In Cash and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eventbrite Class A Change In Cash account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eventbrite's Change In Cash and Depreciation is 0.68. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Eventbrite Class A, assuming nothing else is changed. The correlation between historical values of Eventbrite's Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Eventbrite Class A are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Eventbrite's Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Change In Cash

Depreciation

Depreciation indicates how much of Eventbrite Class A value has been used up. For tax purposes Eventbrite can deduct the cost of the tangible assets it purchases as business expenses. However, Eventbrite Class A must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Eventbrite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eventbrite Class A 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 Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Eventbrite's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.33, whereas Selling General Administrative is forecasted to decline to about 91 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization15.1M17.6M14.7M16.0M
Interest Income16.3M17.6M27.5M28.9M

Eventbrite fundamental ratios Correlations

0.810.430.970.88-0.170.63-0.69-0.73-0.850.420.960.890.10.120.760.950.040.980.890.40.770.120.96-0.790.07
0.810.220.780.5-0.40.27-0.91-0.29-0.940.460.870.54-0.46-0.261.00.91-0.340.760.860.550.940.540.83-0.9-0.41
0.430.220.440.460.170.390.08-0.58-0.12-0.610.410.490.330.380.180.320.650.420.33-0.52-0.02-0.130.360.020.56
0.970.780.440.83-0.20.59-0.69-0.69-0.840.440.930.850.04-0.020.740.930.10.950.880.450.750.130.92-0.780.05
0.880.50.460.83-0.230.91-0.42-0.94-0.620.260.850.810.460.40.450.80.160.830.770.20.46-0.360.89-0.550.28
-0.17-0.40.17-0.2-0.23-0.430.550.150.49-0.34-0.370.260.40.37-0.45-0.430.50.0-0.48-0.49-0.40.18-0.420.510.66
0.630.270.390.590.91-0.43-0.24-0.92-0.420.110.660.510.520.430.230.610.120.540.610.070.22-0.650.73-0.350.24
-0.69-0.910.08-0.69-0.420.55-0.240.170.96-0.7-0.77-0.390.510.38-0.92-0.830.56-0.63-0.83-0.79-0.97-0.47-0.750.980.66
-0.73-0.29-0.58-0.69-0.940.15-0.920.170.41-0.02-0.72-0.71-0.63-0.53-0.23-0.63-0.28-0.68-0.630.09-0.210.54-0.740.3-0.49
-0.85-0.94-0.12-0.84-0.620.49-0.420.960.41-0.62-0.91-0.590.320.21-0.93-0.940.4-0.79-0.93-0.68-0.96-0.36-0.890.990.45
0.420.46-0.610.440.26-0.340.11-0.7-0.02-0.620.40.26-0.3-0.410.470.49-0.570.410.440.920.70.250.43-0.72-0.53
0.960.870.410.930.85-0.370.66-0.77-0.72-0.910.40.76-0.020.060.840.98-0.130.90.950.40.820.120.98-0.84-0.07
0.890.540.490.850.810.260.51-0.39-0.71-0.590.260.760.390.360.460.720.290.950.650.170.520.070.75-0.520.4
0.1-0.460.330.040.460.40.520.51-0.630.32-0.3-0.020.390.86-0.52-0.120.490.16-0.06-0.48-0.48-0.740.050.380.78
0.12-0.260.38-0.020.40.370.430.38-0.530.21-0.410.060.360.86-0.31-0.040.290.190.05-0.56-0.37-0.50.120.290.63
0.761.00.180.740.45-0.450.23-0.92-0.23-0.930.470.840.46-0.52-0.310.88-0.390.70.840.570.930.560.8-0.9-0.47
0.950.910.320.930.8-0.430.61-0.83-0.63-0.940.490.980.72-0.12-0.040.88-0.180.890.960.520.860.180.98-0.89-0.18
0.04-0.340.650.10.160.50.120.56-0.280.4-0.57-0.130.290.490.29-0.39-0.180.09-0.25-0.52-0.47-0.31-0.120.460.76
0.980.760.420.950.830.00.54-0.63-0.68-0.790.410.90.950.160.190.70.890.090.830.370.720.190.9-0.730.15
0.890.860.330.880.77-0.480.61-0.83-0.63-0.930.440.950.65-0.060.050.840.96-0.250.830.480.80.130.96-0.88-0.23
0.40.55-0.520.450.2-0.490.07-0.790.09-0.680.920.40.17-0.48-0.560.570.52-0.520.370.480.750.340.44-0.79-0.72
0.770.94-0.020.750.46-0.40.22-0.97-0.21-0.960.70.820.52-0.48-0.370.930.86-0.470.720.80.750.540.77-0.97-0.52
0.120.54-0.130.13-0.360.18-0.65-0.470.54-0.360.250.120.07-0.74-0.50.560.18-0.310.190.130.340.540.02-0.39-0.44
0.960.830.360.920.89-0.420.73-0.75-0.74-0.890.430.980.750.050.120.80.98-0.120.90.960.440.770.02-0.83-0.08
-0.79-0.90.02-0.78-0.550.51-0.350.980.30.99-0.72-0.84-0.520.380.29-0.9-0.890.46-0.73-0.88-0.79-0.97-0.39-0.830.55
0.07-0.410.560.050.280.660.240.66-0.490.45-0.53-0.070.40.780.63-0.47-0.180.760.15-0.23-0.72-0.52-0.44-0.080.55
Click cells to compare fundamentals

Eventbrite Account Relationship Matchups

Eventbrite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets808.0M795.7M903.0M895.4M913.3M820.8M
Short Long Term Debt Total25.3M223.1M366.4M361.7M361.0M216.7M
Other Current Liab339.3M239.7M352.7M357.1M42.0M39.9M
Total Current Liabilities350.3M246.5M358.0M361.0M357.6M327.0M
Total Stockholder Equity425.8M315.6M169.9M166.6M191.8M189.7M
Other Liab15.7M15.4M12.9M8.9M8.0M13.4M
Net Tangible Assets206.1M98.9M(35.6M)(29.7M)(34.2M)(35.9M)
Property Plant And Equipment Net41.9M25.5M18.1M11.5M9.6M9.1M
Net Debt(395.4M)(282.7M)(268.0M)(177.6M)(177.0M)(185.9M)
Retained Earnings(372.8M)(597.5M)(733.6M)(789.0M)(815.4M)(774.7M)
Accounts Payable1.9M1.9M1.1M1.0M305.3M320.5M
Cash420.7M505.8M634.4M539.3M538.0M468.1M
Non Current Assets Total283.4M258.6M229.4M212.2M202.1M251.7M
Non Currrent Assets Other21.8M16.4M5.8M4.4M4.9M9.1M
Other Assets21.8M30.3M5.8M4.4M4.0M3.8M
Long Term Debt0.0206.6M353.6M355.6M357.7M199.2M
Cash And Short Term Investments420.7M505.8M634.4M623.5M691.7M500.8M
Net Receivables57.8M11.3M19.3M45.8M5.6M5.3M
Common Stock Shares Outstanding82.0M89.3M94.3M98.3M100.3M74.8M
Long Term Debt Total300K206.6M353.6M355.6M408.9M429.4M
Liabilities And Stockholders Equity808.0M795.7M903.0M895.4M913.3M820.8M
Non Current Liabilities Total31.9M233.6M375.1M367.8M364.0M304.1M
Capital Surpluse798.6M913.1M903.5M955.5M1.1B695.2M
Capital Lease Obligations25.3M16.5M12.8M6.2M3.3M3.1M
Inventory36.4M16.5M18.7M721K648.9K616.5K
Other Current Assets9.6M3.7M1.2M13.1M13.9M7.7M
Other Stockholder Equity798.6M913.1M903.5M955.5M1.0B645.8M
Total Liab382.2M480.1M733.1M728.8M721.6M631.1M
Property Plant And Equipment Gross41.9M25.5M75.8M72.8M67.5M56.5M
Total Current Assets524.6M537.1M673.6M683.2M711.2M569.1M
Non Current Liabilities Other557K1.2M1K100K90K85.5K
Short Term Debt9.1M4.9M4.1M2.8M1.5M1.4M
Intangible Assets49.2M42.3M31.1M21.9M13.3M12.6M
Property Plant Equipment41.9M25.5M18.1M11.5M10.4M9.9M
Net Invested Capital425.8M522.2M523.5M522.1M549.4M464.0M
Cash And Equivalents420.7M505.8M634.4M539.3M620.2M500.0M
Net Working Capital174.3M290.6M315.6M322.2M354.2M271.3M

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Additional Information and Resources on Investing in Eventbrite Stock

When determining whether Eventbrite Class A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eventbrite'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 Eventbrite Class A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eventbrite Class A Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Interactive Media & Services 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 Eventbrite. If investors know Eventbrite 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 Eventbrite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Revenue Per Share
3.338
Quarterly Revenue Growth
0.107
Return On Assets
(0.01)
Return On Equity
(0.10)
The market value of Eventbrite Class A is measured differently than its book value, which is the value of Eventbrite that is recorded on the company's balance sheet. Investors also form their own opinion of Eventbrite's value that differs from its market value or its book value, called intrinsic value, which is Eventbrite'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 Eventbrite's market value can be influenced by many factors that don't directly affect Eventbrite'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 Eventbrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eventbrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eventbrite'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.