EGain Total Liab vs Intangible Assets 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 Total Liab and its Intangible Assets 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.
Total Liab vs Intangible Assets
Total Liab vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eGain Total Liab account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between EGain's Total Liab and Intangible Assets is -0.81. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of eGain, assuming nothing else is changed. The correlation between historical values of EGain's Total Liab and Intangible 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 Liab of eGain are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., EGain's Total Liab and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 |
EGain fundamental ratios Correlations
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EGain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | PairCorr |
0.86 | MNDO | MIND CTI | PairCorr |
0.79 | U | Unity Software Aggressive Push | PairCorr |
0.65 | DT | Dynatrace Holdings LLC | PairCorr |
0.61 | DOCU | DocuSign | PairCorr |
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.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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.