Eightco Current Deferred Revenue vs Net Invested Capital Analysis
| OCTO Stock | 0.64 0.04 6.67% |
Eightco Holdings financial indicator trend analysis is much more than just examining Eightco Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eightco Holdings is a good investment. Please check the relationship between Eightco Holdings Current Deferred Revenue and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Eightco Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eightco Stock, please use our How to Invest in Eightco Holdings guide.
Current Deferred Revenue vs Net Invested Capital
Current Deferred Revenue vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eightco Holdings Current Deferred Revenue account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Eightco Holdings' Current Deferred Revenue and Net Invested Capital is -0.98. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Eightco Holdings, assuming nothing else is changed. The correlation between historical values of Eightco Holdings' Current Deferred Revenue and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Eightco Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Current Deferred Revenue i.e., Eightco Holdings' Current Deferred Revenue and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Eightco Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eightco Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Eightco Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eightco Stock, please use our How to Invest in Eightco Holdings guide.As of the 14th of May 2024, Tax Provision is likely to grow to 0.00, while Selling General Administrative is likely to drop about 11.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.9M | 31.8M | 75.3M | 79.1M | Depreciation And Amortization | 98.4K | 848.9K | 3.0M | 3.2M |
Eightco Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Eightco Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eightco Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eightco Holdings' short interest history, or implied volatility extrapolated from Eightco Holdings options trading.
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Eightco Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eightco Stock, please use our How to Invest in Eightco Holdings guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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When running Eightco Holdings' price analysis, check to measure Eightco Holdings' 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 Eightco Holdings is operating at the current time. Most of Eightco Holdings' value examination focuses on studying past and present price action to predict the probability of Eightco Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eightco Holdings' price. Additionally, you may evaluate how the addition of Eightco Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Eightco Holdings' 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 Eightco Holdings. If investors know Eightco 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 Eightco Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (23.63) | Revenue Per Share 26.044 | Quarterly Revenue Growth (0.03) | Return On Assets (0.09) | Return On Equity (93.38) |
The market value of Eightco Holdings is measured differently than its book value, which is the value of Eightco that is recorded on the company's balance sheet. Investors also form their own opinion of Eightco Holdings' value that differs from its market value or its book value, called intrinsic value, which is Eightco Holdings' 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 Eightco Holdings' market value can be influenced by many factors that don't directly affect Eightco Holdings' 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 Eightco Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eightco Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eightco Holdings' 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.