8x8 Historical Balance Sheet

EGHT Stock

USD 2.27 0.05 2.16%

Trend analysis of 8x8 Common Stock balance sheet accounts such as Total Current Liabilities of 276.5 M or Total Stockholder Equity of 111.3 M provides information on 8x8 Common's total assets, liabilities, and equity, which is the actual value of 8x8 Common Stock to its prevalent stockholders. By breaking down trends over time using 8x8 Common balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Covid

Financial Statement Analysis is much more than just reviewing and examining 8x8 Common Stock latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether 8x8 Common Stock is a good buy for the upcoming year.

8x8 Common Inventory

46.56 Million

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 8x8 Common Stock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

About 8x8 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of 8x8 Common Stock at a specified time, usually calculated after every quarter, six months, or one year. 8x8 Common Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 8x8 Common and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 8x8 currently owns. An asset can also be divided into two categories, current and non-current.

8x8 Common Balance Sheet Chart

8x8 Common Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how 8x8 Common Stock uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, 8x8 Common's Non Currrent Assets Other are comparatively stable compared to the past year. Net Receivables is likely to gain to about 75.2 M in 2024, whereas Cash And Short Term Investments are likely to drop slightly above 84.6 M in 2024.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

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Total Assets

Total assets refers to the total amount of 8x8 Common assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 8x8 Common Stock books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on 8x8 Common balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 8x8 Common Stock are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from 8x8 Common's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into 8x8 Common Stock current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 8x8 Common Stock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	92.1M	73.7M	84.8M	89.0M
Total Assets	910.3M	840.9M	967.0M	1.0B

Other Current Liab Total Assets

8x8 Common balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments	Common Stock	Short Long Term Debt Total	Other Assets
Total Assets		0.97	0.96	-0.13	0.89	0.92	-0.95	0.97	0.61	0.97	0.93	0.32	0.97	0.66	0.96	0.96	0.99	0.97	0.89	0.84	0.9	0.69	-0.12	0.7	0.87	0.91
Other Current Liab	0.97		0.95	-0.28	0.93	0.96	-0.96	0.97	0.48	0.97	0.91	0.16	0.97	0.57	0.97	0.98	0.95	0.97	0.93	0.72	0.91	0.61	-0.21	0.62	0.86	0.87
Total Current Liabilities	0.96	0.95		-0.34	0.82	0.97	-0.95	0.96	0.49	0.97	0.93	0.13	0.98	0.53	0.94	0.93	0.96	0.98	0.82	0.71	0.97	0.56	-0.22	0.57	0.84	0.87
Total Stockholder Equity	-0.13	-0.28	-0.34		-0.24	-0.45	0.33	-0.19	0.08	-0.28	-0.33	0.62	-0.32	0.36	-0.36	-0.27	-0.12	-0.36	-0.24	0.22	-0.42	0.36	0.8	0.35	-0.15	-0.19
Property Plant And Equipment Net	0.89	0.93	0.82	-0.24		0.86	-0.88	0.88	0.54	0.87	0.85	0.22	0.88	0.58	0.94	0.97	0.84	0.89	1.0	0.72	0.75	0.6	-0.26	0.61	0.78	0.82
Net Debt	0.92	0.96	0.97	-0.45	0.86		-0.96	0.9	0.36	0.98	0.92	-0.04	0.97	0.47	0.96	0.94	0.92	0.97	0.86	0.59	0.97	0.5	-0.35	0.51	0.85	0.89
Retained Earnings	-0.95	-0.96	-0.95	0.33	-0.88	-0.96		-0.93	-0.48	-0.96	-0.96	-0.14	-0.97	-0.63	-0.97	-0.95	-0.95	-0.97	-0.88	-0.69	-0.94	-0.66	0.28	-0.67	-0.91	-0.89
Accounts Payable	0.97	0.97	0.96	-0.19	0.88	0.9	-0.93		0.63	0.93	0.91	0.33	0.95	0.61	0.93	0.96	0.95	0.96	0.88	0.84	0.88	0.65	-0.12	0.66	0.83	0.82
Cash	0.61	0.48	0.49	0.08	0.54	0.36	-0.48	0.63		0.44	0.55	0.73	0.49	0.43	0.56	0.55	0.52	0.56	0.54	0.84	0.36	0.45	-0.1	0.44	0.39	0.46
Non Current Assets Total	0.97	0.97	0.97	-0.28	0.87	0.98	-0.96	0.93	0.44		0.92	0.08	0.97	0.58	0.96	0.95	0.97	0.98	0.87	0.68	0.95	0.62	-0.26	0.63	0.88	0.93
Non Currrent Assets Other	0.93	0.91	0.93	-0.33	0.85	0.92	-0.96	0.91	0.55	0.92		0.19	0.96	0.56	0.96	0.93	0.94	0.95	0.85	0.74	0.94	0.58	-0.26	0.59	0.82	0.86
Cash And Short Term Investments	0.32	0.16	0.13	0.62	0.22	-0.04	-0.14	0.33	0.73	0.08	0.19		0.15	0.55	0.15	0.22	0.26	0.16	0.22	0.76	-0.02	0.56	0.53	0.55	0.21	0.09
Net Receivables	0.97	0.97	0.98	-0.32	0.88	0.97	-0.97	0.95	0.49	0.97	0.96	0.15		0.58	0.97	0.97	0.97	0.99	0.88	0.74	0.96	0.6	-0.21	0.61	0.86	0.89
Common Stock Shares Outstanding	0.66	0.57	0.53	0.36	0.58	0.47	-0.63	0.61	0.43	0.58	0.56	0.55	0.58		0.55	0.6	0.69	0.54	0.58	0.68	0.47	0.99	0.22	0.99	0.83	0.63
Inventory	0.96	0.97	0.94	-0.36	0.94	0.96	-0.97	0.93	0.56	0.96	0.96	0.15	0.97	0.55		0.98	0.93	0.98	0.94	0.72	0.92	0.57	-0.34	0.58	0.84	0.9
Other Current Assets	0.96	0.98	0.93	-0.27	0.97	0.94	-0.95	0.96	0.55	0.95	0.93	0.22	0.97	0.6	0.98		0.94	0.97	0.97	0.77	0.88	0.63	-0.22	0.63	0.84	0.88
Other Stockholder Equity	0.99	0.95	0.96	-0.12	0.84	0.92	-0.95	0.95	0.52	0.97	0.94	0.26	0.97	0.69	0.93	0.94		0.96	0.84	0.79	0.93	0.71	-0.08	0.72	0.88	0.91
Total Liab	0.97	0.97	0.98	-0.36	0.89	0.97	-0.97	0.96	0.56	0.98	0.95	0.16	0.99	0.54	0.98	0.97	0.96		0.89	0.74	0.95	0.57	-0.3	0.58	0.85	0.9
Property Plant And Equipment Gross	0.89	0.93	0.82	-0.24	1.0	0.86	-0.88	0.88	0.54	0.87	0.85	0.22	0.88	0.58	0.94	0.97	0.84	0.89		0.72	0.75	0.6	-0.26	0.61	0.78	0.82
Total Current Assets	0.84	0.72	0.71	0.22	0.72	0.59	-0.69	0.84	0.84	0.68	0.74	0.76	0.74	0.68	0.72	0.77	0.79	0.74	0.72		0.59	0.7	0.22	0.7	0.63	0.64
Current Deferred Revenue	0.9	0.91	0.97	-0.42	0.75	0.97	-0.94	0.88	0.36	0.95	0.94	-0.02	0.96	0.47	0.92	0.88	0.93	0.95	0.75	0.59		0.49	-0.29	0.51	0.82	0.86
Common Stock Total Equity	0.69	0.61	0.56	0.36	0.6	0.5	-0.66	0.65	0.45	0.62	0.58	0.56	0.6	0.99	0.57	0.63	0.71	0.57	0.6	0.7	0.49		0.21	1.0	0.85	0.64
Short Term Investments	-0.12	-0.21	-0.22	0.8	-0.26	-0.35	0.28	-0.12	-0.1	-0.26	-0.26	0.53	-0.21	0.22	-0.34	-0.22	-0.08	-0.3	-0.26	0.22	-0.29	0.21		0.2	-0.2	-0.29
Common Stock	0.7	0.62	0.57	0.35	0.61	0.51	-0.67	0.66	0.44	0.63	0.59	0.55	0.61	0.99	0.58	0.63	0.72	0.58	0.61	0.7	0.51	1.0	0.2		0.85	0.65
Short Long Term Debt Total	0.87	0.86	0.84	-0.15	0.78	0.85	-0.91	0.83	0.39	0.88	0.82	0.21	0.86	0.83	0.84	0.84	0.88	0.85	0.78	0.63	0.82	0.85	-0.2	0.85		0.86
Other Assets	0.91	0.87	0.87	-0.19	0.82	0.89	-0.89	0.82	0.46	0.93	0.86	0.09	0.89	0.63	0.9	0.88	0.91	0.9	0.82	0.64	0.86	0.64	-0.29	0.65	0.86

Click cells to compare fundamentals

8x8 Common Account Relationship Matchups

8x8 Common balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	700.6M	678.4M	910.3M	840.9M	967.0M	1.0B
Other Current Liab	70.2M	56.5M	92.1M	73.7M	84.8M	89.0M
Total Current Liabilities	123.4M	121.4M	191.5M	229.0M	263.3M	276.5M
Total Stockholder Equity	190.7M	160.5M	182.4M	99.9M	114.9M	111.3M
Property Plant And Equipment Net	173.3M	159.7M	142.4M	110.3M	126.9M	133.2M
Net Debt	252.5M	291.3M	446.3M	457.5M	526.1M	552.4M
Retained Earnings	(422.7M)	(591.1M)	(766.4M)	(792.9M)	(713.6M)	(677.9M)
Accounts Payable	40.3M	31.2M	49.7M	45.9M	52.8M	55.4M
Cash	137.4M	112.5M	91.2M	111.4M	128.1M	134.5M
Non Current Assets Total	423.5M	401.9M	634.6M	568.7M	654.0M	686.7M
Non Currrent Assets Other	28.4M	93.5M	94.5M	84.4M	97.1M	101.9M
Cash And Short Term Investments	170.9M	152.9M	136.1M	137.6M	158.3M	84.6M
Net Receivables	37.8M	51.2M	57.4M	62.3M	71.7M	75.2M
Common Stock Shares Outstanding	100.0M	118.3M	113.4M	116.0M	133.4M	69.8M
Liabilities And Stockholders Equity	700.6M	678.4M	910.3M	840.9M	967.0M	1.0B
Inventory	32.8M	38.4M	44.2M	38.6M	44.3M	46.6M
Other Current Assets	35.7M	34.1M	38.0M	33.7M	38.8M	40.7M
Other Stockholder Equity	625.5M	755.6M	956.6M	905.6M	1.0B	1.1B
Total Liab	509.9M	517.9M	727.9M	741.0M	852.1M	894.7M
Property Plant And Equipment Gross	173.3M	159.7M	142.4M	110.3M	126.9M	133.2M
Total Current Assets	277.2M	276.5M	275.6M	272.2M	313.0M	328.7M
Accumulated Other Comprehensive Income	(12.2M)	(4.2M)	(7.9M)	(12.9M)	(11.6M)	(11.1M)
Current Deferred Revenue	7.1M	20.7M	34.3M	34.9M	40.1M	42.2M
Common Stock Total Equity	103K	109K	118K	115K	132.3K	73.3K
Short Term Investments	33.5M	40.3M	44.8M	26.2M	30.2M	44.4M
Common Stock	103K	109K	123K	115K	132.3K	73.5K
Short Long Term Debt Total	389.9M	403.8M	537.5M	568.9M	654.2M	334.4M
Other Assets	44.8M	81.8M	93.5M	94.5M	108.6M	114.1M
Long Term Debt	291.5M	308.4M	447.5M	428.8M	493.1M	517.8M
Good Will	128.3M	131.5M	266.9M	266.9M	306.9M	322.2M
Non Current Liabilities Total	386.5M	396.5M	536.4M	512.0M	588.8M	618.3M
Intangible Assets	24.0M	17.1M	128.2M	107.1M	123.2M	129.3M
Property Plant Equipment	94.4M	159.7M	142.4M	57.9M	66.6M	69.9M
Short Term Debt	5.9M	12.9M	15.5M	74.4M	85.6M	89.9M
Other Liab	6.2M	2.5M	5.6M	14.4M	16.6M	17.4M
Net Tangible Assets	38.4M	11.9M	(212.7M)	(274.1M)	(246.7M)	(234.3M)
Retained Earnings Total Equity	(422.7M)	(591.1M)	(766.4M)	(792.9M)	(713.6M)	(677.9M)
Capital Surpluse	625.5M	755.6M	956.6M	905.6M	1.0B	601.2M
Deferred Long Term Liab	33.7M	53.3M	72.4M	75.7M	87.0M	91.4M
Non Current Liabilities Other	94.9M	5.6M	3.0M	7.0M	8.0M	13.9M

Pair Trading with 8x8 Common

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 8x8 Common 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 8x8 Common will appreciate offsetting losses from the drop in the long position's value.

Moving together with 8x8 Stock

0.64	U	Unity Software Aggressive Push	Pair Corr
0.68	DT	Dynatrace Holdings LLC Financial Report 15th of May 2024	Pair Corr

Moving against 8x8 Stock

0.7	DPSI	DecisionPoint Systems Financial Report 20th of May 2024	Pair Corr
0.52	ML	MoneyLion Financial Report 14th of May 2024	Pair Corr
0.42	VERX	Vertex Financial Report 8th of May 2024	Pair Corr

The ability to find closely correlated positions to 8x8 Common could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 8x8 Common 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 8x8 Common - 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 8x8 Common Stock to buy it.

The correlation of 8x8 Common 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 8x8 Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 8x8 Common Stock 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 8x8 Common 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 8x8 Common Stock 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 8x8 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 8x8 Common Stock Stock. Highlighted below are key reports to facilitate an investment decision about 8x8 Common Stock Stock:

How To Invest In 8x8

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Is 8x8 Stock a good investment?

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What is 8x8 Common's Net Worth?

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Note that the 8x8 Common Stock information on this page should be used as a complementary analysis to other 8x8 Common'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for 8x8 Stock analysis

When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.

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Is 8x8 Common'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 8x8 Common. If investors know 8x8 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 8x8 Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.45)

Revenue Per Share

6.179

Quarterly Revenue Growth

0.174

Return On Assets

(0)

Return On Equity

(0.54)

The market value of 8x8 Common Stock is measured differently than its book value, which is the value of 8x8 that is recorded on the company's balance sheet. Investors also form their own opinion of 8x8 Common's value that differs from its market value or its book value, called intrinsic value, which is 8x8 Common'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 8x8 Common's market value can be influenced by many factors that don't directly affect 8x8 Common'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 8x8 Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if 8x8 Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 8x8 Common'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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8x8 Historical Balance Sheet

8x8 Common Inventory

46.56 Million

About 8x8 Balance Sheet Analysis

8x8 Common Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

8x8 Common balance sheet Correlations

8x8 Common Account Relationship Matchups

High Positive Relationship

High Negative Relationship

8x8 Common balance sheet Accounts

Pair Trading with 8x8 Common

Moving together with 8x8 Stock

Moving against 8x8 Stock

Complementary Tools for 8x8 Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Net Receivables
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding

Total Liab	- 0.97	Retained Earnings
Inventory	- 0.97	Retained Earnings
Net Receivables	- 0.97	Retained Earnings
Non Currrent Assets Other	- 0.96	Retained Earnings
Non Current Assets Total	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Net Debt