Everbright Net Debt vs Net Receivables Analysis
| EDHL Stock | 0.62 0.01 1.59% |
Everbright Digital financial indicator trend analysis is much more than just examining Everbright Digital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everbright Digital is a good investment. Please check the relationship between Everbright Digital Net Debt and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everbright Digital Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Net Debt vs Net Receivables
Net Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everbright Digital Net Debt account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Everbright Digital's Net Debt and Net Receivables is -0.93. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Everbright Digital Holding, assuming nothing else is changed. The correlation between historical values of Everbright Digital's Net Debt and Net Receivables 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 Debt of Everbright Digital Holding are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Everbright Digital's Net Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.93 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Receivables
Most indicators from Everbright Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everbright Digital 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 Everbright Digital Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Everbright Digital's Issuance Of Capital Stock is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.42 this year, although the value of Tax Provision will most likely fall to about 127.2 K.
| 2010 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 10.2K | 71.6K | 86.9K | 61.8K | Tax Provision | 52.5K | 157.0K | 137.4K | 127.2K |
Everbright Digital fundamental ratios Correlations
Click cells to compare fundamentals
Everbright Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Advertising 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 Everbright Digital. If investors know Everbright 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 Everbright Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.01 | Revenue Per Share | Quarterly Revenue Growth (0.50) | Return On Assets | Return On Equity |
The market value of Everbright Digital is measured differently than its book value, which is the value of Everbright that is recorded on the company's balance sheet. Investors also form their own opinion of Everbright Digital's value that differs from its market value or its book value, called intrinsic value, which is Everbright Digital'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 Everbright Digital's market value can be influenced by many factors that don't directly affect Everbright Digital'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 Everbright Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everbright Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everbright Digital'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.