Eventbrite Total Assets vs Net Tangible Assets Analysis

EB Stock  USD 2.29  0.15  6.15%   
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 Total Assets and its Net Tangible Assets 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.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eventbrite Class A Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eventbrite's Total Assets and Net Tangible Assets is 0.64. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets 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 Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Eventbrite Class A are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Eventbrite's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Eventbrite 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 Eventbrite Class A 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Selling General Administrative is expected to grow to about 89.4 M, whereas Issuance Of Capital Stock is forecasted to decline to about 666.9 K.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization16.0M14.7M16.3M18.7M
Interest Income17.6M27.5M25.2M14.7M

Eventbrite fundamental ratios Correlations

0.81-0.80.960.88-0.210.64-0.7-0.67-0.830.950.960.890.050.150.760.96-0.320.970.890.320.790.10.95-0.770.01
0.81-0.620.790.51-0.430.28-0.94-0.22-0.910.760.860.54-0.5-0.251.00.91-0.610.750.860.561.00.50.83-0.89-0.45
-0.8-0.62-0.79-0.90.64-0.890.640.730.76-0.92-0.85-0.56-0.09-0.13-0.59-0.840.44-0.7-0.83-0.28-0.580.35-0.910.720.18
0.960.79-0.790.82-0.280.58-0.73-0.6-0.850.960.910.83-0.04-0.020.740.92-0.230.950.890.350.760.080.93-0.81-0.06
0.880.51-0.90.82-0.260.91-0.43-0.9-0.620.910.860.810.410.430.460.82-0.250.830.770.110.47-0.370.88-0.550.21
-0.21-0.430.64-0.28-0.26-0.440.620.10.53-0.45-0.370.230.430.39-0.46-0.430.63-0.07-0.52-0.5-0.410.23-0.470.560.69
0.640.28-0.890.580.91-0.44-0.25-0.9-0.410.760.680.520.480.440.240.63-0.340.540.60.030.24-0.660.71-0.350.2
-0.7-0.940.64-0.73-0.430.62-0.250.10.95-0.72-0.76-0.370.580.33-0.95-0.830.58-0.65-0.87-0.64-0.93-0.4-0.80.950.67
-0.67-0.220.73-0.6-0.90.1-0.90.10.3-0.71-0.68-0.69-0.65-0.58-0.17-0.580.17-0.62-0.540.25-0.180.56-0.650.21-0.51
-0.83-0.910.76-0.85-0.620.53-0.410.950.3-0.84-0.86-0.570.380.17-0.9-0.90.42-0.79-0.93-0.49-0.89-0.28-0.90.990.52
0.950.76-0.920.960.91-0.450.76-0.72-0.71-0.840.940.760.030.060.720.94-0.380.890.920.350.72-0.120.97-0.79-0.08
0.960.86-0.850.910.86-0.370.68-0.76-0.68-0.860.940.77-0.040.110.830.98-0.520.890.930.280.840.080.96-0.79-0.09
0.890.54-0.560.830.810.230.52-0.37-0.69-0.570.760.770.350.420.470.730.040.940.650.010.510.060.74-0.50.35
0.05-0.5-0.09-0.040.410.430.480.58-0.650.380.03-0.040.350.88-0.55-0.140.380.1-0.13-0.58-0.53-0.7-0.020.430.79
0.15-0.25-0.13-0.020.430.390.440.33-0.580.170.060.110.420.88-0.30.010.170.220.04-0.5-0.28-0.460.110.240.58
0.761.0-0.590.740.46-0.460.24-0.95-0.17-0.90.720.830.47-0.55-0.30.88-0.660.690.840.61.00.520.79-0.87-0.5
0.960.91-0.840.920.82-0.430.63-0.83-0.58-0.90.940.980.73-0.140.010.88-0.560.870.950.450.890.150.96-0.84-0.19
-0.32-0.610.44-0.23-0.250.63-0.340.580.170.42-0.38-0.520.040.380.17-0.66-0.56-0.14-0.52-0.5-0.63-0.17-0.430.380.37
0.970.75-0.70.950.83-0.070.54-0.65-0.62-0.790.890.890.940.10.220.690.87-0.140.840.210.720.120.9-0.740.06
0.890.86-0.830.890.77-0.520.6-0.87-0.54-0.930.920.930.65-0.130.040.840.95-0.520.840.440.830.090.96-0.89-0.31
0.320.56-0.280.350.11-0.50.03-0.640.25-0.490.350.280.01-0.58-0.50.60.45-0.50.210.440.580.360.37-0.56-0.6
0.791.0-0.580.760.47-0.410.24-0.93-0.18-0.890.720.840.51-0.53-0.281.00.89-0.630.720.830.580.540.79-0.87-0.46
0.10.50.350.08-0.370.23-0.66-0.40.56-0.28-0.120.080.06-0.7-0.460.520.15-0.170.120.090.360.54-0.03-0.29-0.37
0.950.83-0.910.930.88-0.470.71-0.8-0.65-0.90.970.960.74-0.020.110.790.96-0.430.90.960.370.79-0.03-0.86-0.19
-0.77-0.890.72-0.81-0.550.56-0.350.950.210.99-0.79-0.79-0.50.430.24-0.87-0.840.38-0.74-0.89-0.56-0.87-0.29-0.860.61
0.01-0.450.18-0.060.210.690.20.67-0.510.52-0.08-0.090.350.790.58-0.5-0.190.370.06-0.31-0.6-0.46-0.37-0.190.61
Click cells to compare fundamentals

Eventbrite Account Relationship Matchups

Eventbrite fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets795.7M903.0M895.4M913.3M752.3M821.6M
Short Long Term Debt Total223.1M366.4M361.7M361.0M243.2M222.4M
Other Current Liab45.6M52.3M32.5M42.0M27.0M25.7M
Total Current Liabilities246.5M358.0M361.0M357.6M366.4M335.4M
Total Stockholder Equity315.6M169.9M166.6M191.8M170.2M189.5M
Other Liab15.7M15.4M12.9M8.9M8.0M13.4M
Net Tangible Assets206.1M98.9M(35.6M)(29.7M)(34.2M)(35.9M)
Property Plant And Equipment Net25.5M18.1M11.5M9.6M13.5M22.0M
Net Debt(282.7M)(268.0M)(177.6M)(128.2M)(173.4M)(182.0M)
Retained Earnings(597.5M)(733.6M)(789.0M)(815.4M)(831.0M)(872.6M)
Accounts Payable193.0M286.3M310.3M305.3M301.6M242.2M
Cash505.8M634.4M539.3M489.2M416.5M461.1M
Non Current Assets Total258.6M229.4M212.2M201.5M199.8M248.1M
Non Currrent Assets Other16.4M5.8M4.4M4.2M6.9M8.6M
Other Assets30.3M5.8M4.4M4.2M6.9M10.1M
Long Term Debt206.6M353.6M355.6M357.7M210.9M202.8M
Cash And Short Term Investments505.8M634.4M623.5M642.9M441.5M493.2M
Net Receivables10.8M3.2M3.6M6.3M37.6M39.5M
Common Stock Shares Outstanding89.3M94.3M98.3M100.3M93.0M77.9M
Long Term Debt Total206.6M353.6M355.6M357.7M210.9M210.0M
Liabilities And Stockholders Equity795.7M903.0M895.4M913.3M752.3M821.6M
Non Current Liabilities Total233.6M375.1M367.8M364.0M215.7M296.7M
Capital Surpluse913.1M903.5M955.5M1.0B1.1B792.3M
Capital Lease Obligations16.5M12.8M6.2M3.3M2.4M2.3M
Inventory36.4M16.5M18.7M721K648.9K616.5K
Other Current Assets20.6M36.1M56.0M62.7M71.2M48.6M
Other Stockholder Equity913.1M903.5M955.5M1.0B1.0B793.3M
Total Liab480.1M733.1M728.8M721.6M582.1M632.1M
Property Plant And Equipment Gross25.5M75.8M72.8M67.5M76.0M59.5M
Total Current Assets537.1M673.6M683.2M711.9M552.5M573.4M
Non Current Liabilities Other1.2M1K100K106K95.4K90.6K
Short Term Debt4.9M8.3M5.6M1.5M31.9M18.2M
Intangible Assets42.3M31.1M21.9M13.3M5.0M4.8M
Property Plant Equipment25.5M18.1M11.5M9.6M13.5M22.0M
Net Invested Capital522.2M523.5M522.1M549.4M410.9M462.5M
Cash And Equivalents505.8M634.4M539.3M489.2M416.5M499.5M
Net Working Capital290.6M315.6M322.2M354.2M186.1M263.0M

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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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
(0.19)
Revenue Per Share
3.401
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.02)
Return On Equity
(0.1)
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.