EGain Net Debt vs Net Invested Capital Analysis

EGAN Stock

USD 5.18 0.26 5.28%

EGain financial indicator trend analysis is much more than just examining eGain latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eGain is a good investment. Please check the relationship between EGain Net Debt and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eGain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.

Net Debt vs Net Invested Capital

Net Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eGain Net Debt account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between EGain's Net Debt and Net Invested Capital is -0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of eGain, assuming nothing else is changed. The correlation between historical values of EGain's Net Debt 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 Net Debt of eGain 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 Net Debt i.e., EGain's Net Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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 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 EGain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eGain 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 eGain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.At this time, EGain's Tax Provision is very stable compared to the past year. As of the 2nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 19.62, while Selling General Administrative is likely to drop about 10.2 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	69.6M	69.3M	59.2M	46.6M
Cost Of Revenue	24.5M	27.3M	27.6M	18.0M

Total Operating Expenses Cost Of Revenue

EGain fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	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 Total Equity	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.95	0.65	0.57	0.58	0.76	-0.45	0.81	0.99	0.46	-0.95	-0.4	0.21	0.98	0.36	0.77	0.98	0.99	-0.42	-0.26	0.31	0.66	0.99	-0.18	-0.7	-0.42
Total Stockholder Equity	0.95		0.75	0.35	0.35	0.56	-0.65	0.65	0.9	0.5	-0.98	-0.14	0.05	0.98	0.29	0.66	0.98	0.95	-0.18	-0.52	0.33	0.69	0.97	-0.11	-0.51	-0.18
Other Assets	0.65	0.75		-0.14	-0.12	0.16	-0.68	0.2	0.62	-0.02	-0.75	0.24	0.02	0.73	0.27	0.47	0.73	0.61	0.25	-0.5	0.11	0.42	0.7	-0.1	-0.18	0.25
Common Stock Shares Outstanding	0.57	0.35	-0.14		0.98	0.88	0.07	0.81	0.64	0.38	-0.42	-0.89	0.56	0.47	0.04	0.6	0.47	0.56	-0.9	0.2	0.04	0.15	0.51	-0.05	-0.9	-0.9
Other Stockholder Equity	0.58	0.35	-0.12	0.98		0.83	0.12	0.77	0.65	0.37	-0.41	-0.96	0.55	0.48	-0.04	0.66	0.48	0.58	-0.96	0.26	0.14	0.25	0.52	-0.05	-0.93	-0.96
Total Liab	0.76	0.56	0.16	0.88	0.83		-0.02	0.95	0.81	0.37	-0.62	-0.68	0.41	0.68	0.44	0.62	0.68	0.72	-0.67	0.16	0.01	0.25	0.71	-0.24	-0.81	-0.67
Short Long Term Debt Total	-0.45	-0.65	-0.68	0.07	0.12	-0.02		-0.04	-0.45	-0.25	0.7	-0.3	-0.1	-0.57	0.16	-0.23	-0.57	-0.46	-0.25	0.93	-0.09	-0.31	-0.54	-0.12	0.13	-0.25
Other Current Liab	0.81	0.65	0.2	0.81	0.77	0.95	-0.04		0.83	0.53	-0.67	-0.61	0.24	0.74	0.45	0.59	0.74	0.78	-0.63	0.1	0.09	0.39	0.77	-0.24	-0.74	-0.63
Total Current Liabilities	0.99	0.9	0.62	0.64	0.65	0.81	-0.45	0.83		0.44	-0.93	-0.48	0.34	0.96	0.31	0.79	0.96	0.97	-0.5	-0.24	0.28	0.61	0.97	-0.14	-0.78	-0.5
Property Plant And Equipment Net	0.46	0.5	-0.02	0.38	0.37	0.37	-0.25	0.53	0.44		-0.46	-0.22	-0.31	0.47	-0.02	0.28	0.47	0.49	-0.3	-0.35	0.45	0.63	0.48	0.24	-0.26	-0.3
Net Debt	-0.95	-0.98	-0.75	-0.42	-0.41	-0.62	0.7	-0.67	-0.93	-0.46		0.19	-0.16	-0.98	-0.24	-0.68	-0.98	-0.93	0.23	0.54	-0.23	-0.61	-0.97	0.12	0.59	0.23
Retained Earnings	-0.4	-0.14	0.24	-0.89	-0.96	-0.68	-0.3	-0.61	-0.48	-0.22	0.19		-0.59	-0.28	0.14	-0.59	-0.28	-0.41	0.99	-0.44	-0.15	-0.18	-0.33	0.03	0.88	0.99
Accounts Payable	0.21	0.05	0.02	0.56	0.55	0.41	-0.1	0.24	0.34	-0.31	-0.16	-0.59		0.15	-0.18	0.43	0.15	0.23	-0.55	0.12	0.01	-0.11	0.18	0.02	-0.66	-0.55
Cash	0.98	0.98	0.73	0.47	0.48	0.68	-0.57	0.74	0.96	0.47	-0.98	-0.28	0.15		0.31	0.74	1.0	0.96	-0.31	-0.39	0.27	0.66	1.0	-0.16	-0.64	-0.31
Non Current Assets Total	0.36	0.29	0.27	0.04	-0.04	0.44	0.16	0.45	0.31	-0.02	-0.24	0.14	-0.18	0.31		-0.02	0.31	0.3	0.19	0.26	-0.14	0.05	0.31	-0.54	0.05	0.19
Non Currrent Assets Other	0.77	0.66	0.47	0.6	0.66	0.62	-0.23	0.59	0.79	0.28	-0.68	-0.59	0.43	0.74	-0.02		0.74	0.76	-0.61	-0.07	0.43	0.61	0.75	0.17	-0.78	-0.61
Cash And Short Term Investments	0.98	0.98	0.73	0.47	0.48	0.68	-0.57	0.74	0.96	0.47	-0.98	-0.28	0.15	1.0	0.31	0.74		0.96	-0.31	-0.39	0.27	0.66	1.0	-0.16	-0.64	-0.31
Net Receivables	0.99	0.95	0.61	0.56	0.58	0.72	-0.46	0.78	0.97	0.49	-0.93	-0.41	0.23	0.96	0.3	0.76	0.96		-0.44	-0.3	0.4	0.7	0.98	-0.11	-0.69	-0.44
Common Stock Total Equity	-0.42	-0.18	0.25	-0.9	-0.96	-0.67	-0.25	-0.63	-0.5	-0.3	0.23	0.99	-0.55	-0.31	0.19	-0.61	-0.31	-0.44		-0.37	-0.21	-0.24	-0.36	-0.03	0.87	1.0
Non Current Liabilities Total	-0.26	-0.52	-0.5	0.2	0.26	0.16	0.93	0.1	-0.24	-0.35	0.54	-0.44	0.12	-0.39	0.26	-0.07	-0.39	-0.3	-0.37		-0.14	-0.26	-0.36	-0.29	-0.1	-0.37
Other Current Assets	0.31	0.33	0.11	0.04	0.14	0.01	-0.09	0.09	0.28	0.45	-0.23	-0.15	0.01	0.27	-0.14	0.43	0.27	0.4	-0.21	-0.14		0.78	0.31	0.47	-0.12	-0.21
Property Plant And Equipment Gross	0.66	0.69	0.42	0.15	0.25	0.25	-0.31	0.39	0.61	0.63	-0.61	-0.18	-0.11	0.66	0.05	0.61	0.66	0.7	-0.24	-0.26	0.78		0.67	0.06	-0.33	-0.24
Total Current Assets	0.99	0.97	0.7	0.51	0.52	0.71	-0.54	0.77	0.97	0.48	-0.97	-0.33	0.18	1.0	0.31	0.75	1.0	0.98	-0.36	-0.36	0.31	0.67		-0.14	-0.66	-0.36
Short Term Debt	-0.18	-0.11	-0.1	-0.05	-0.05	-0.24	-0.12	-0.24	-0.14	0.24	0.12	0.03	0.02	-0.16	-0.54	0.17	-0.16	-0.11	-0.03	-0.29	0.47	0.06	-0.14		0.11	-0.03
Intangible Assets	-0.7	-0.51	-0.18	-0.9	-0.93	-0.81	0.13	-0.74	-0.78	-0.26	0.59	0.88	-0.66	-0.64	0.05	-0.78	-0.64	-0.69	0.87	-0.1	-0.12	-0.33	-0.66	0.11		0.87
Common Stock	-0.42	-0.18	0.25	-0.9	-0.96	-0.67	-0.25	-0.63	-0.5	-0.3	0.23	0.99	-0.55	-0.31	0.19	-0.61	-0.31	-0.44	1.0	-0.37	-0.21	-0.24	-0.36	-0.03	0.87

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EGain Account Relationship Matchups

EGain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	93.7M	114.6M	126.0M	130.1M	127.9M	134.3M
Total Stockholder Equity	34.6M	46.1M	56.9M	61.7M	58.5M	61.4M
Other Assets	3.3M	3.8M	4.0M	3.7M	3.3M	5.4M
Common Stock Shares Outstanding	32.0M	32.6M	31.6M	32.8M	31.5M	21.0M
Liabilities And Stockholders Equity	93.7M	114.6M	126.0M	130.1M	127.9M	134.3M
Other Stockholder Equity	374.3M	378.4M	393.1M	395.2M	384.4M	326.2M
Total Liab	59.1M	68.5M	69.2M	68.4M	69.4M	38.3M
Other Current Liab	11.3M	12.8M	13.6M	13.1M	12.7M	8.7M
Total Current Liabilities	52.2M	63.5M	62.0M	63.7M	62.6M	65.7M
Property Plant And Equipment Net	3.7M	2.9M	4.7M	3.4M	4.3M	2.3M
Net Debt	(43.5M)	(61.0M)	(68.6M)	(70.6M)	(66.2M)	(62.9M)
Retained Earnings	(338.1M)	(331.1M)	(333.6M)	(331.4M)	(323.7M)	(339.8M)
Accounts Payable	2.4M	3.1M	1.7M	2.0M	2.7M	2.5M
Cash	46.6M	63.2M	72.2M	73.2M	70.0M	73.5M
Non Current Assets Total	20.2M	19.9M	21.9M	20.3M	22.0M	17.1M
Non Currrent Assets Other	2.2M	2.6M	2.6M	1.9M	3.1M	3.3M
Cash And Short Term Investments	46.6M	63.2M	72.2M	73.2M	70.0M	73.5M
Net Receivables	22.7M	26.3M	27.0M	31.6M	31.7M	33.3M
Non Current Liabilities Total	6.9M	5.0M	7.1M	4.7M	6.7M	9.7M
Other Current Assets	617K	778K	895K	1.3M	4.1M	4.3M
Property Plant And Equipment Gross	3.7M	2.9M	4.7M	3.4M	8.9M	9.3M
Total Current Assets	73.5M	94.7M	104.1M	109.8M	105.9M	111.1M
Accumulated Other Comprehensive Income	(1.6M)	(1.2M)	(2.7M)	(2.1M)	(2.2M)	(2.4M)
Other Liab	5.5M	4.2M	4.6M	2.9M	3.4M	2.9M
Property Plant Equipment	3.7M	2.9M	831K	3.4M	3.1M	2.2M
Current Deferred Revenue	36.6M	46.2M	45.6M	47.8M	46.0M	48.3M
Net Tangible Assets	21.4M	32.9M	43.7M	48.5M	55.8M	58.6M
Retained Earnings Total Equity	(345.3M)	(338.1M)	(331.1M)	(333.6M)	(300.2M)	(315.2M)
Capital Surpluse	371.1M	374.4M	378.5M	393.2M	452.1M	387.7M
Inventory	3.6M	4.4M	4.1M	3.8M	4.4M	2.5M
Deferred Long Term Liab	2.4M	2.6M	3.1M	2.3M	2.7M	3.2M

Pair Trading with EGain

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 EGain 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 EGain will appreciate offsetting losses from the drop in the long position's value.

Moving against EGain Stock

0.9	QH	Quhuo	Pair Corr
0.86	MNDO	MIND CTI	Pair Corr
0.79	U	Unity Software Aggressive Push	Pair Corr
0.65	DT	Dynatrace Holdings LLC	Pair Corr
0.61	DOCU	DocuSign	Pair Corr

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

The correlation of EGain 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 EGain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eGain 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 EGain 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 eGain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EGain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Egain Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Egain Stock:

How To Invest In EGain

Details

Is EGain Stock a good investment?

Details

What is EGain's Net Worth?

Details

Largest Application Software Companies

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Largest Software - Application Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eGain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Is Application Software 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 EGain. If investors know EGain 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 EGain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.39)

Earnings Share

0.25

Revenue Per Share

3.009

Quarterly Revenue Growth

(0.09)

Return On Assets

0.0289

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

Net Debt vs Net Invested Capital

Net Debt vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Invested Capital

EGain fundamental ratios Correlations

EGain Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EGain fundamental ratios Accounts

Pair Trading with EGain

Moving against EGain Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Net Debt	- 0.98	Total Stockholder Equity
Total Current Assets	- 0.97	Net Debt
Common Stock	- 0.96	Other Stockholder Equity
Common Stock Total Equity	- 0.96	Other Stockholder Equity