Escalade Net Working Capital vs Good Will Analysis

ESCA Stock  USD 13.49  0.18  1.32%   
Escalade Incorporated financial indicator trend analysis is much more than just examining Escalade Incorporated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Escalade Incorporated is a good investment. Please check the relationship between Escalade Incorporated Net Working Capital and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escalade Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.

Net Working Capital vs Good Will

Net Working Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Escalade Incorporated Net Working Capital account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Escalade Incorporated's Net Working Capital and Good Will is 0.81. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Good Will in the same time period over historical financial statements of Escalade Incorporated, assuming nothing else is changed. The correlation between historical values of Escalade Incorporated's Net Working Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Escalade Incorporated are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Working Capital i.e., Escalade Incorporated's Net Working Capital and Good Will go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Working Capital

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Escalade Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Escalade Incorporated 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 Escalade Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.At present, Escalade Incorporated's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.99, whereas Selling General Administrative is forecasted to decline to about 33.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M3.8M5.3M5.6M
Depreciation And Amortization2.0M2.6M5.7M3.7M

Escalade Incorporated fundamental ratios Correlations

0.760.350.580.940.880.830.940.080.93-0.28-0.040.8-0.590.890.960.38-0.250.840.760.86-0.10.870.59-0.49-0.65
0.760.330.540.540.860.940.530.050.66-0.120.00.63-0.290.90.810.44-0.380.970.470.820.080.680.41-0.2-0.3
0.350.330.680.290.30.250.260.340.260.440.440.57-0.510.170.240.8-0.030.430.010.450.330.260.36-0.44-0.05
0.580.540.680.440.50.530.40.270.480.280.340.7-0.630.390.490.62-0.240.660.270.60.560.360.45-0.64-0.3
0.940.540.290.440.80.610.990.140.92-0.340.00.76-0.660.720.860.28-0.050.640.750.77-0.210.890.55-0.51-0.67
0.880.860.30.50.80.790.790.180.77-0.270.050.81-0.460.830.890.37-0.150.910.610.95-0.120.890.6-0.2-0.46
0.830.940.250.530.610.790.63-0.130.77-0.13-0.190.54-0.290.960.880.37-0.550.90.670.710.090.640.35-0.28-0.52
0.940.530.260.40.990.790.630.060.93-0.37-0.090.72-0.60.740.870.26-0.110.630.790.74-0.240.880.54-0.45-0.71
0.080.050.340.270.140.18-0.130.06-0.090.010.950.36-0.34-0.10.070.270.70.15-0.410.36-0.010.150.32-0.40.43
0.930.660.260.480.920.770.770.93-0.09-0.27-0.170.63-0.670.80.840.35-0.310.70.820.68-0.010.860.33-0.53-0.77
-0.28-0.120.440.28-0.34-0.27-0.13-0.370.01-0.270.31-0.16-0.15-0.33-0.330.27-0.08-0.15-0.19-0.250.66-0.39-0.36-0.150.06
-0.040.00.440.340.00.05-0.19-0.090.95-0.170.310.25-0.39-0.23-0.080.320.630.07-0.470.220.240.00.15-0.450.42
0.80.630.570.70.760.810.540.720.360.63-0.160.25-0.610.590.710.50.090.790.310.92-0.10.780.78-0.42-0.22
-0.59-0.29-0.51-0.63-0.66-0.46-0.29-0.6-0.34-0.67-0.15-0.39-0.61-0.24-0.37-0.49-0.18-0.4-0.28-0.48-0.33-0.62-0.150.840.4
0.890.90.170.390.720.830.960.74-0.10.8-0.33-0.230.59-0.240.940.27-0.440.880.70.77-0.190.740.49-0.21-0.51
0.960.810.240.490.860.890.880.870.070.84-0.33-0.080.71-0.370.940.25-0.30.850.760.85-0.20.80.63-0.33-0.59
0.380.440.80.620.280.370.370.260.270.350.270.320.5-0.490.270.25-0.140.490.070.430.40.30.18-0.4-0.09
-0.25-0.38-0.03-0.24-0.05-0.15-0.55-0.110.7-0.31-0.080.630.09-0.18-0.44-0.3-0.14-0.31-0.59-0.01-0.240.020.0-0.130.59
0.840.970.430.660.640.910.90.630.150.7-0.150.070.79-0.40.880.850.49-0.310.470.920.030.750.6-0.28-0.32
0.760.470.010.270.750.610.670.79-0.410.82-0.19-0.470.31-0.280.70.760.07-0.590.470.42-0.040.570.24-0.19-0.95
0.860.820.450.60.770.950.710.740.360.68-0.250.220.92-0.480.770.850.43-0.010.920.42-0.170.850.76-0.29-0.27
-0.10.080.330.56-0.21-0.120.09-0.24-0.01-0.010.660.24-0.1-0.33-0.19-0.20.4-0.240.03-0.04-0.17-0.27-0.45-0.38-0.11
0.870.680.260.360.890.890.640.880.150.86-0.390.00.78-0.620.740.80.30.020.750.570.85-0.270.52-0.33-0.47
0.590.410.360.450.550.60.350.540.320.33-0.360.150.78-0.150.490.630.180.00.60.240.76-0.450.52-0.09-0.12
-0.49-0.2-0.44-0.64-0.51-0.2-0.28-0.45-0.4-0.53-0.15-0.45-0.420.84-0.21-0.33-0.4-0.13-0.28-0.19-0.29-0.38-0.33-0.090.28
-0.65-0.3-0.05-0.3-0.67-0.46-0.52-0.710.43-0.770.060.42-0.220.4-0.51-0.59-0.090.59-0.32-0.95-0.27-0.11-0.47-0.120.28
Click cells to compare fundamentals

Escalade Incorporated Account Relationship Matchups

Escalade Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets148.8M220.7M251.8M298.7M259.1M272.1M
Other Current Liab9.7M24.3M24.4M16.9M15.2M13.0M
Total Current Liabilities18.2M46.1M48.2M38.9M33.3M35.0M
Total Stockholder Equity126.2M139.2M146.6M158.5M164.6M172.8M
Property Plant And Equipment Net16.2M19.8M27.1M33.9M32.2M16.3M
Net Debt(4.7M)28.2M55.4M100.5M59.8M62.8M
Retained Earnings112.0M125.2M133.1M144.9M160.1M168.1M
Cash5.9M3.5M4.4M4.0M16K15.2K
Non Current Assets Total61.9M75.3M80.7M110.5M112.3M117.9M
Non Currrent Assets Other77K127K124K(1.3M)2.4M2.3M
Cash And Short Term Investments5.9M3.5M4.4M4.0M16K15.2K
Net Receivables35.5M65.3M66.0M57.4M50.0M35.1M
Common Stock Shares Outstanding14.4M14.2M13.9M13.7M13.9M13.8M
Liabilities And Stockholders Equity148.8M220.7M251.8M298.7M259.1M272.1M
Non Current Liabilities Total4.4M35.5M57.0M101.3M61.3M64.4M
Inventory42.3M72.5M92.4M121.9M92.5M97.1M
Other Current Assets3.3M4.1M8.3M4.9M4.4M3.3M
Other Stockholder Equity30.7M28.4M13.9M13.5M13.6M0.0
Total Liab22.6M81.5M105.2M140.2M94.6M53.0M
Property Plant And Equipment Gross16.2M18.2M24.9M33.9M67.1M70.4M
Total Current Assets86.9M145.4M171.1M188.2M146.8M74.6M
Short Term Debt756K854K8.0M8.1M8.2M10.2M
Intangible Assets18.8M22.6M20.8M31.1M29.3M18.9M
Accounts Payable7.8M20.9M15.8M9.4M9.8M5.5M
Common Stock Total Equity14.2M13.9M13.5M13.6M15.6M12.5M
Common Stock14.2M13.9M13.5M13.6M4.5M4.3M
Good Will26.4M26.7M32.7M42.3M48.7M51.1M
Other Liab3.9M4.6M5.2M4.9M5.7M3.4M
Property Plant Equipment15.1M18.2M27.1M27.6M31.7M18.3M
Net Tangible Assets126.2M139.2M93.1M85.0M97.8M88.0M
Retained Earnings Total Equity112.0M125.2M133.1M144.9M166.6M87.0M
Deferred Long Term Liab2.5M3.4M4.2M4.5M5.2M3.1M

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When determining whether Escalade Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Escalade Incorporated'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 Escalade Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Escalade Incorporated Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escalade Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.
Note that the Escalade Incorporated information on this page should be used as a complementary analysis to other Escalade Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Escalade Incorporated'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 Escalade Incorporated. If investors know Escalade 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 Escalade Incorporated 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
0.072
Dividend Share
0.6
Earnings Share
0.91
Revenue Per Share
19.198
Quarterly Revenue Growth
0.007
The market value of Escalade Incorporated is measured differently than its book value, which is the value of Escalade that is recorded on the company's balance sheet. Investors also form their own opinion of Escalade Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Escalade Incorporated'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 Escalade Incorporated's market value can be influenced by many factors that don't directly affect Escalade Incorporated'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 Escalade Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Escalade Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Escalade Incorporated'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.