Eaton Accounts Payable vs Capital Surpluse Analysis

EOT Stock

USD 16.42 0.17 1.05%

Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance National is a good investment. Please check the relationship between Eaton Vance Accounts Payable and its Capital Surpluse accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Accounts Payable vs Capital Surpluse

Accounts Payable vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance National Accounts Payable account and Capital Surpluse. At this time, the significance of the direction appears to have no relationship.

The correlation between Eaton Vance's Accounts Payable and Capital Surpluse is 0.05. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Eaton Vance National, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Accounts Payable and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Eaton Vance National are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Accounts Payable i.e., Eaton Vance's Accounts Payable and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Eaton Vance obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eaton Vance National are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Surpluse

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 National 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 National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

At this time, Eaton Vance's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.03 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 16.72 in 2024.

Eaton Vance fundamental ratios Correlations

	Common Stock Shares Outstanding	Net Debt	Cash	Cash And Short Term Investments	Total Current Assets	Total Stockholder Equity	Other Stockholder Equity	Total Assets	Retained Earnings	Net Receivables	Capital Surpluse	Total Liab	Short Term Debt	Common Stock	Short Long Term Debt Total	Total Current Liabilities	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Total Equity	Non Current Liabilities Total	Net Invested Capital	Long Term Investments	Other Current Liab	Other Current Assets
Common Stock Shares Outstanding		0.43	0.28	0.28	0.14	0.3	0.39	-0.68	-0.46	-0.37	0.99	-0.17	-0.23	0.99	0.23	-0.2	0.05	-0.66	-0.55	0.84	0.99	0.27	-0.68	-0.63	0.49	0.36
Net Debt	0.43		0.66	0.66	0.47	0.81	0.88	-0.42	-0.16	0.08	0.47	-0.11	-0.3	0.46	0.24	0.18	0.29	-0.32	-0.6	0.49	0.43	0.19	-0.32	-0.25	0.29	0.24
Cash	0.28	0.66		1.0	0.68	0.92	0.88	-0.51	0.34	0.07	0.32	-0.67	-0.73	0.32	-0.39	0.19	0.26	-0.38	-0.42	0.3	0.3	-0.46	-0.37	-0.42	0.64	-0.38
Cash And Short Term Investments	0.28	0.66	1.0		0.68	0.92	0.88	-0.51	0.34	0.07	0.32	-0.67	-0.73	0.32	-0.39	0.19	0.26	-0.38	-0.42	0.3	0.3	-0.46	-0.37	-0.42	0.64	-0.38
Total Current Assets	0.14	0.47	0.68	0.68		0.71	0.68	-0.45	0.26	0.68	0.16	-0.54	-0.63	0.17	-0.44	0.44	0.5	-0.46	-0.61	0.14	0.16	-0.54	-0.38	-0.41	0.32	-0.46
Total Stockholder Equity	0.3	0.81	0.92	0.92	0.71		0.98	-0.59	0.22	0.18	0.33	-0.63	-0.73	0.34	-0.35	0.31	0.4	-0.46	-0.52	0.34	0.3	-0.39	-0.46	-0.47	0.6	-0.28
Other Stockholder Equity	0.39	0.88	0.88	0.88	0.68	0.98		-0.6	0.09	0.13	0.43	-0.55	-0.68	0.43	-0.23	0.27	0.38	-0.47	-0.56	0.43	0.38	-0.26	-0.47	-0.46	0.59	-0.16
Total Assets	-0.68	-0.42	-0.51	-0.51	-0.45	-0.59	-0.6		0.3	0.13	-0.68	0.63	0.63	-0.7	0.15	0.06	-0.15	0.97	0.65	-0.82	-0.67	0.16	0.98	0.97	-0.75	-0.07
Retained Earnings	-0.46	-0.16	0.34	0.34	0.26	0.22	0.09	0.3		0.41	-0.47	-0.37	-0.3	-0.46	-0.68	0.55	0.43	0.36	0.13	-0.62	-0.44	-0.76	0.38	0.29	0.04	-0.81
Net Receivables	-0.37	0.08	0.07	0.07	0.68	0.18	0.13	0.13	0.41		-0.37	-0.08	-0.17	-0.36	-0.31	0.67	0.59	0.07	-0.33	-0.4	-0.34	-0.43	0.15	0.15	-0.29	-0.43
Capital Surpluse	0.99	0.47	0.32	0.32	0.16	0.33	0.43	-0.68	-0.47	-0.37		-0.17	-0.25	1.0	0.24	-0.2	0.05	-0.66	-0.55	0.85	0.99	0.28	-0.68	-0.62	0.5	0.36
Total Liab	-0.17	-0.11	-0.67	-0.67	-0.54	-0.63	-0.55	0.63	-0.37	-0.08	-0.17		0.95	-0.19	0.8	-0.1	-0.16	0.54	0.16	-0.17	-0.16	0.8	0.52	0.64	-0.76	0.68
Short Term Debt	-0.23	-0.3	-0.73	-0.73	-0.63	-0.73	-0.68	0.63	-0.3	-0.17	-0.25	0.95		-0.26	0.72	-0.18	-0.24	0.52	0.28	-0.22	-0.22	0.72	0.49	0.59	-0.76	0.62
Common Stock	0.99	0.46	0.32	0.32	0.17	0.34	0.43	-0.7	-0.46	-0.36	1.0	-0.19	-0.26		0.22	-0.2	0.05	-0.68	-0.56	0.85	0.99	0.26	-0.7	-0.64	0.51	0.35
Short Long Term Debt Total	0.23	0.24	-0.39	-0.39	-0.44	-0.35	-0.23	0.15	-0.68	-0.31	0.24	0.8	0.72	0.22		-0.39	-0.33	0.1	-0.15	0.37	0.25	0.96	0.09	0.22	-0.44	0.92
Total Current Liabilities	-0.2	0.18	0.19	0.19	0.44	0.31	0.27	0.06	0.55	0.67	-0.2	-0.1	-0.18	-0.2	-0.39		0.96	0.09	-0.32	-0.34	-0.22	-0.37	0.07	0.13	-0.04	-0.33
Accounts Payable	0.05	0.29	0.26	0.26	0.5	0.4	0.38	-0.15	0.43	0.59	0.05	-0.16	-0.24	0.05	-0.33	0.96		-0.12	-0.47	-0.12	0.03	-0.31	-0.16	-0.08	0.06	-0.22
Non Current Assets Total	-0.66	-0.32	-0.38	-0.38	-0.46	-0.46	-0.47	0.97	0.36	0.07	-0.66	0.54	0.52	-0.68	0.1	0.09	-0.12		0.67	-0.82	-0.65	0.13	0.99	0.98	-0.64	-0.1
Non Currrent Assets Other	-0.55	-0.6	-0.42	-0.42	-0.61	-0.52	-0.56	0.65	0.13	-0.33	-0.55	0.16	0.28	-0.56	-0.15	-0.32	-0.47	0.67		-0.67	-0.54	-0.01	0.63	0.55	-0.39	-0.15
Other Assets	0.84	0.49	0.3	0.3	0.14	0.34	0.43	-0.82	-0.62	-0.4	0.85	-0.17	-0.22	0.85	0.37	-0.34	-0.12	-0.82	-0.67		0.82	0.34	-0.82	-0.76	0.58	0.49
Common Stock Total Equity	0.99	0.43	0.3	0.3	0.16	0.3	0.38	-0.67	-0.44	-0.34	0.99	-0.16	-0.22	0.99	0.25	-0.22	0.03	-0.65	-0.54	0.82		0.27	-0.67	-0.62	0.43	0.35
Non Current Liabilities Total	0.27	0.19	-0.46	-0.46	-0.54	-0.39	-0.26	0.16	-0.76	-0.43	0.28	0.8	0.72	0.26	0.96	-0.37	-0.31	0.13	-0.01	0.34	0.27		0.08	0.22	-0.42	0.96
Net Invested Capital	-0.68	-0.32	-0.37	-0.37	-0.38	-0.46	-0.47	0.98	0.38	0.15	-0.68	0.52	0.49	-0.7	0.09	0.07	-0.16	0.99	0.63	-0.82	-0.67	0.08		0.98	-0.64	-0.16
Long Term Investments	-0.63	-0.25	-0.42	-0.42	-0.41	-0.47	-0.46	0.97	0.29	0.15	-0.62	0.64	0.59	-0.64	0.22	0.13	-0.08	0.98	0.55	-0.76	-0.62	0.22	0.98		-0.71	-0.01
Other Current Liab	0.49	0.29	0.64	0.64	0.32	0.6	0.59	-0.75	0.04	-0.29	0.5	-0.76	-0.76	0.51	-0.44	-0.04	0.06	-0.64	-0.39	0.58	0.43	-0.42	-0.64	-0.71		-0.3
Other Current Assets	0.36	0.24	-0.38	-0.38	-0.46	-0.28	-0.16	-0.07	-0.81	-0.43	0.36	0.68	0.62	0.35	0.92	-0.33	-0.22	-0.1	-0.15	0.49	0.35	0.96	-0.16	-0.01	-0.3

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Eaton Vance Account Relationship Matchups

Eaton Vance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	15.3M	15.3M	15.6M	15.6M	18.0M	16.9M
Net Debt	13.7M	8.9M	12.4M	32.2M	40.7M	21.4M
Total Current Assets	17.1M	4.4M	5.3M	4.9M	5.6M	6.9M
Total Stockholder Equity	314.3M	333.2M	313.6M	286.2M	289.0M	313.5M
Other Stockholder Equity	268.5M	250.5M	298.4M	298.4M	343.2M	271.5M
Total Assets	342.7M	355.8M	341.2M	327.3M	333.2M	281.1M
Retained Earnings	22.8M	41.3M	15.1M	(12.3M)	(9.5M)	(9.0M)
Net Receivables	9.2M	4.4M	5.3M	4.9M	4.4M	4.7M
Liabilities And Stockholders Equity	342.7M	355.8M	341.2M	327.3M	333.2M	281.1M
Capital Surpluse	290.6M	291.3M	291.8M	298.4M	343.2M	321.3M
Total Liab	28.3M	22.6M	27.6M	41.1M	44.1M	29.9M
Short Term Debt	451.2K	1.5M	0.0	898.3K	936.8K	550.8K
Common Stock	153.1K	153.3K	156.2K	156.2K	179.7K	169.4K
Short Long Term Debt Total	21.7M	21.7M	19.7M	39.6M	40.7M	33.8M
Total Current Liabilities	6.3M	555.6K	7.7M	303.8K	936.8K	889.9K
Accounts Payable	6.3M	555.6K	7.7M	303.8K	3.1M	3.5M
Non Current Assets Total	325.5M	355.8M	341.2M	322.4M	328.8M	274.2M
Non Currrent Assets Other	(325.5M)	17.2M	12.6M	(322.4M)	(328.7M)	(312.3M)
Other Assets	(9.2M)	(4.4M)	(5.3M)	333.2M	383.2M	402.3M
Non Current Liabilities Total	21.7M	22.6M	27.6M	39.6M	43.2M	36.0M
Net Invested Capital	336.0M	354.9M	333.3M	325.8M	328.8M	273.9M
Long Term Investments	325.5M	338.6M	328.7M	322.4M	328.7M	270.1M
Other Current Assets	(17.1M)	(17.2M)	(12.6M)	(4.9M)	(4.4M)	(4.7M)
Capital Stock	153.1K	153.3K	156.2K	156.2K	179.7K	170.0K

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 together with Eaton Stock

0.62

P10 Inc

Pair Corr

Moving against Eaton Stock

0.51	PWP	Perella Weinberg Partners	Pair Corr
0.49	FDUS	Fidus Investment Corp	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 National 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 National 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 National is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eaton Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eaton Vance National Stock. Highlighted below are key reports to facilitate an investment decision about Eaton Vance National Stock:

How To Invest In Eaton

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Is Eaton Stock a good investment?

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What is Eaton Vance's Net Worth?

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Largest Financial Services Companies

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Top Sectors

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

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.

Complementary Tools for Eaton Stock analysis

When running Eaton Vance's price analysis, check to measure Eaton Vance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.

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Is Eaton Vance's industry 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.

Earnings Share

0.46

Return On Equity

(4.49)

The market value of Eaton Vance National 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 Accounts Payable vs Capital Surpluse Analysis

Accounts Payable vs Capital Surpluse

Accounts Payable vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Accounts Payable

Capital Surpluse

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 together with Eaton Stock

Moving against Eaton Stock

Complementary Tools for Eaton Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Capital Surpluse
Capital Surpluse	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Capital Surpluse

Net Invested Capital	- 0.82	Other Assets
Other Assets	- 0.82	Non Current Assets Total
Other Assets	- 0.82	Total Assets
Other Current Assets	- 0.81	Retained Earnings
Long Term Investments	- 0.76	Other Assets
Other Current Liab	- 0.76	Short Term Debt