Eventbrite Accounts Payable vs Property Plant Equipment Analysis
EB Stock | USD 3.46 0.07 1.98% |
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 Accounts Payable and its Property Plant Equipment 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.
Accounts Payable vs Property Plant Equipment
Accounts Payable vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eventbrite Class A Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Eventbrite's Accounts Payable and Property Plant Equipment is -0.99. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment 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 Accounts Payable and Property Plant Equipment 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 Eventbrite Class A are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Eventbrite's Accounts Payable and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Eventbrite 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 Eventbrite Class A 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.Property Plant Equipment
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 Amortization | 21.5M | 16.0M | 13.8M | 17.4M | Interest Income | 16.3M | 17.6M | 27.5M | 28.9M |
Eventbrite fundamental ratios Correlations
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Eventbrite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eventbrite fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 808.0M | 795.7M | 903.0M | 895.4M | 913.3M | 820.8M | |
Short Long Term Debt Total | 25.3M | 223.1M | 366.4M | 361.7M | 361.0M | 216.7M | |
Other Current Liab | 339.3M | 45.6M | 52.3M | 32.5M | 40.5M | 38.5M | |
Total Current Liabilities | 350.3M | 246.5M | 358.0M | 361.0M | 357.6M | 327.0M | |
Total Stockholder Equity | 425.8M | 315.6M | 169.9M | 166.6M | 191.8M | 189.7M | |
Other Liab | 15.7M | 15.4M | 12.9M | 8.9M | 8.0M | 13.4M | |
Net Tangible Assets | 206.1M | 98.9M | (35.6M) | (29.7M) | (34.2M) | (35.9M) | |
Property Plant And Equipment Net | 41.9M | 25.5M | 18.1M | 11.5M | 9.6M | 9.1M | |
Net Debt | (395.4M) | (282.7M) | (268.0M) | (177.6M) | (128.2M) | (134.7M) | |
Retained Earnings | (372.8M) | (597.5M) | (733.6M) | (789.0M) | (815.4M) | (774.7M) | |
Accounts Payable | 1.9M | 193.0M | 286.3M | 310.3M | 305.3M | 320.5M | |
Cash | 420.7M | 505.8M | 634.4M | 539.3M | 489.2M | 461.4M | |
Non Current Assets Total | 283.4M | 258.6M | 229.4M | 212.2M | 201.5M | 251.7M | |
Non Currrent Assets Other | 21.8M | 16.4M | 5.8M | 4.4M | 4.2M | 4.0M | |
Other Assets | 21.8M | 30.3M | 5.8M | 4.4M | 4.0M | 3.8M | |
Long Term Debt | 0.0 | 206.6M | 353.6M | 355.6M | 357.7M | 199.2M | |
Cash And Short Term Investments | 420.7M | 505.8M | 634.4M | 623.5M | 642.9M | 494.1M | |
Net Receivables | 57.8M | 10.8M | 3.2M | 3.6M | 6.3M | 5.9M | |
Common Stock Shares Outstanding | 82.0M | 89.3M | 94.3M | 98.3M | 100.3M | 74.8M | |
Long Term Debt Total | 300K | 206.6M | 353.6M | 355.6M | 408.9M | 429.4M | |
Liabilities And Stockholders Equity | 808.0M | 795.7M | 903.0M | 895.4M | 913.3M | 820.8M | |
Non Current Liabilities Total | 31.9M | 233.6M | 375.1M | 367.8M | 364.0M | 304.1M | |
Capital Surpluse | 798.6M | 913.1M | 903.5M | 955.5M | 1.1B | 695.2M | |
Capital Lease Obligations | 25.3M | 16.5M | 12.8M | 6.2M | 3.3M | 3.1M | |
Inventory | 36.4M | 16.5M | 18.7M | 721K | 648.9K | 616.5K | |
Other Current Assets | 9.6M | 20.6M | 36.1M | 56.0M | 62.7M | 65.8M | |
Other Stockholder Equity | 798.6M | 913.1M | 903.5M | 955.5M | 1.0B | 645.8M | |
Total Liab | 382.2M | 480.1M | 733.1M | 728.8M | 721.6M | 631.1M | |
Property Plant And Equipment Gross | 41.9M | 25.5M | 75.8M | 72.8M | 67.5M | 56.5M | |
Total Current Assets | 524.6M | 537.1M | 673.6M | 683.2M | 711.9M | 569.2M | |
Non Current Liabilities Other | 557K | 1.2M | 1K | 100K | 90K | 85.5K | |
Short Term Debt | 9.1M | 4.9M | 8.3M | 5.6M | 3.0M | 2.9M | |
Intangible Assets | 49.2M | 42.3M | 31.1M | 21.9M | 13.3M | 12.6M | |
Property Plant Equipment | 41.9M | 25.5M | 18.1M | 11.5M | 10.4M | 9.9M | |
Net Invested Capital | 425.8M | 522.2M | 523.5M | 522.1M | 549.4M | 464.0M | |
Cash And Equivalents | 420.7M | 505.8M | 634.4M | 539.3M | 620.2M | 500.0M | |
Net Working Capital | 174.3M | 290.6M | 315.6M | 322.2M | 354.2M | 271.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 (0.08) | Revenue Per Share 3.469 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) | Return On Equity (0.05) |
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.