Eagle Current Deferred Revenue vs Net Invested Capital Analysis

EXP Stock

USD 301.28 4.31 1.41%

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

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

Current Deferred Revenue vs Net Invested Capital

Current Deferred Revenue vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Materials Current Deferred Revenue account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Eagle Materials' Current Deferred Revenue and Net Invested Capital is 0.44. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Eagle Materials, assuming nothing else is changed. The correlation between historical values of Eagle Materials' Current Deferred Revenue 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 Current Deferred Revenue of Eagle Materials 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 Current Deferred Revenue i.e., Eagle Materials' Current Deferred Revenue and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Materials guide.At this time, Eagle Materials' Selling General Administrative is relatively stable compared to the past year. As of 11/16/2024, Discontinued Operations is likely to grow to about 6.4 M, while Enterprise Value Over EBITDA is likely to drop 8.90.

	2021	2022	2023	2024 (projected)
Gross Profit	519.6M	639.3M	685.3M	719.6M
Total Revenue	1.9B	2.1B	2.3B	2.4B

Gross Profit Total Revenue

Eagle Materials fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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 Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Other Current Assets	Other Assets	Long Term Debt	Common Stock Total Equity
Total Assets		0.92	0.77	0.77	0.75	0.84	0.91	0.92	0.91	0.44	1.0	0.13	0.44	0.92	-0.81	0.93	0.91	-0.35	0.95	0.97	0.13	0.85	0.18	0.16	0.92	0.25
Short Long Term Debt Total	0.92		0.66	0.63	0.53	0.75	0.99	0.73	0.8	0.49	0.9	0.25	0.49	0.97	-0.75	0.99	0.77	-0.48	0.99	0.93	-0.06	0.75	-0.02	0.09	1.0	0.05
Other Current Liab	0.77	0.66		0.72	0.79	0.81	0.66	0.79	0.63	0.25	0.77	0.02	0.25	0.7	-0.61	0.65	0.65	-0.31	0.67	0.71	0.61	0.6	0.59	-0.12	0.67	0.16
Total Current Liabilities	0.77	0.63	0.72		0.87	0.9	0.65	0.78	0.77	0.15	0.8	-0.22	0.15	0.65	-0.67	0.62	0.72	-0.16	0.67	0.66	0.19	0.58	0.13	0.11	0.61	0.28
Total Stockholder Equity	0.75	0.53	0.79	0.87		0.92	0.51	0.83	0.62	0.32	0.77	-0.18	0.32	0.54	-0.61	0.53	0.67	-0.03	0.57	0.68	0.39	0.48	0.43	0.16	0.53	0.44
Property Plant And Equipment Net	0.84	0.75	0.81	0.9	0.92		0.74	0.79	0.69	0.39	0.85	-0.15	0.39	0.75	-0.71	0.75	0.68	-0.16	0.77	0.78	0.22	0.52	0.24	0.16	0.75	0.34
Net Debt	0.91	0.99	0.66	0.65	0.51	0.74		0.73	0.83	0.35	0.9	0.18	0.35	0.99	-0.76	0.98	0.8	-0.48	0.98	0.9	-0.04	0.77	-0.03	0.07	0.98	0.07
Retained Earnings	0.92	0.73	0.79	0.78	0.83	0.79	0.73		0.86	0.34	0.93	0.09	0.34	0.75	-0.71	0.74	0.89	-0.39	0.78	0.87	0.32	0.81	0.33	0.11	0.73	0.24
Accounts Payable	0.91	0.8	0.63	0.77	0.62	0.69	0.83	0.86		0.16	0.93	0.02	0.16	0.83	-0.8	0.83	0.93	-0.36	0.87	0.83	0.0	0.91	-0.01	0.16	0.79	0.19
Cash	0.44	0.49	0.25	0.15	0.32	0.39	0.35	0.34	0.16		0.39	0.49	1.0	0.33	-0.29	0.5	0.15	-0.22	0.47	0.58	-0.13	0.21	0.04	0.17	0.51	-0.05
Non Current Assets Total	1.0	0.9	0.77	0.8	0.77	0.85	0.9	0.93	0.93	0.39		0.07	0.39	0.91	-0.82	0.92	0.91	-0.34	0.94	0.95	0.14	0.84	0.18	0.16	0.9	0.26
Non Currrent Assets Other	0.13	0.25	0.02	-0.22	-0.18	-0.15	0.18	0.09	0.02	0.49	0.07		0.49	0.18	0.1	0.22	0.15	-0.34	0.2	0.33	-0.08	0.37	0.02	-0.14	0.25	-0.3
Cash And Short Term Investments	0.44	0.49	0.25	0.15	0.32	0.39	0.35	0.34	0.16	1.0	0.39	0.49		0.33	-0.29	0.5	0.15	-0.22	0.47	0.58	-0.13	0.21	0.04	0.17	0.51	-0.05
Net Receivables	0.92	0.97	0.7	0.65	0.54	0.75	0.99	0.75	0.83	0.33	0.91	0.18	0.33		-0.73	0.97	0.83	-0.45	0.97	0.91	0.03	0.79	0.03	0.05	0.97	0.07
Common Stock Shares Outstanding	-0.81	-0.75	-0.61	-0.67	-0.61	-0.71	-0.76	-0.71	-0.8	-0.29	-0.82	0.1	-0.29	-0.73		-0.8	-0.76	0.3	-0.81	-0.76	0.05	-0.69	-0.03	-0.15	-0.76	-0.41
Non Current Liabilities Total	0.93	0.99	0.65	0.62	0.53	0.75	0.98	0.74	0.83	0.5	0.92	0.22	0.5	0.97	-0.8		0.78	-0.46	1.0	0.94	-0.08	0.78	-0.03	0.13	0.99	0.08
Inventory	0.91	0.77	0.65	0.72	0.67	0.68	0.8	0.89	0.93	0.15	0.91	0.15	0.15	0.83	-0.76	0.78		-0.27	0.82	0.87	0.13	0.93	0.16	0.14	0.76	0.34
Other Stockholder Equity	-0.35	-0.48	-0.31	-0.16	-0.03	-0.16	-0.48	-0.39	-0.36	-0.22	-0.34	-0.34	-0.22	-0.45	0.3	-0.46	-0.27		-0.45	-0.37	0.12	-0.38	0.24	0.23	-0.49	0.61
Total Liab	0.95	0.99	0.67	0.67	0.57	0.77	0.98	0.78	0.87	0.47	0.94	0.2	0.47	0.97	-0.81	1.0	0.82	-0.45		0.95	-0.05	0.81	-0.01	0.13	0.99	0.1
Total Current Assets	0.97	0.93	0.71	0.66	0.68	0.78	0.9	0.87	0.83	0.58	0.95	0.33	0.58	0.91	-0.76	0.94	0.87	-0.37	0.95		0.08	0.84	0.16	0.14	0.93	0.2
Short Term Debt	0.13	-0.06	0.61	0.19	0.39	0.22	-0.04	0.32	0.0	-0.13	0.14	-0.08	-0.13	0.03	0.05	-0.08	0.13	0.12	-0.05	0.08		0.07	0.94	-0.26	-0.05	0.23
Property Plant And Equipment Gross	0.85	0.75	0.6	0.58	0.48	0.52	0.77	0.81	0.91	0.21	0.84	0.37	0.21	0.79	-0.69	0.78	0.93	-0.38	0.81	0.84	0.07		0.09	0.04	0.75	0.14
Other Current Assets	0.18	-0.02	0.59	0.13	0.43	0.24	-0.03	0.33	-0.01	0.04	0.18	0.02	0.04	0.03	-0.03	-0.03	0.16	0.24	-0.01	0.16	0.94	0.09		-0.16	0.0	0.39
Other Assets	0.16	0.09	-0.12	0.11	0.16	0.16	0.07	0.11	0.16	0.17	0.16	-0.14	0.17	0.05	-0.15	0.13	0.14	0.23	0.13	0.14	-0.26	0.04	-0.16		0.08	0.34
Long Term Debt	0.92	1.0	0.67	0.61	0.53	0.75	0.98	0.73	0.79	0.51	0.9	0.25	0.51	0.97	-0.76	0.99	0.76	-0.49	0.99	0.93	-0.05	0.75	0.0	0.08		0.05
Common Stock Total Equity	0.25	0.05	0.16	0.28	0.44	0.34	0.07	0.24	0.19	-0.05	0.26	-0.3	-0.05	0.07	-0.41	0.08	0.34	0.61	0.1	0.2	0.23	0.14	0.39	0.34	0.05

Click cells to compare fundamentals

Eagle Materials Account Relationship Matchups

Eagle Materials fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0B	2.8B	2.6B	2.8B	2.9B	3.1B
Short Long Term Debt Total	1.6B	1.0B	974.6M	1.1B	1.1B	1.2B
Other Current Liab	73.3M	64.5M	71.6M	72.3M	85.1M	54.2M
Total Current Liabilities	169.7M	169.4M	207.6M	212.9M	239.4M	125.8M
Total Stockholder Equity	967.8M	1.4B	1.1B	1.2B	1.3B	728.0M
Property Plant And Equipment Net	1.8B	1.7B	1.6B	1.7B	1.7B	924.3M
Net Debt	1.5B	751.4M	955.2M	1.1B	1.1B	1.1B
Retained Earnings	960.1M	1.3B	1.1B	1.2B	1.3B	1.4B
Accounts Payable	86.2M	84.2M	113.7M	110.4M	127.2M	133.5M
Cash	118.6M	263.5M	19.4M	15.2M	34.9M	32.0M
Non Current Assets Total	2.3B	2.2B	2.1B	2.3B	2.3B	2.4B
Non Currrent Assets Other	10.6M	15.9M	(204.4M)	(215.3M)	24.1M	25.3M
Cash And Short Term Investments	118.6M	263.5M	19.4M	15.2M	34.9M	32.0M
Net Receivables	280.2M	150.0M	183.5M	211.3M	212.9M	223.5M
Common Stock Shares Outstanding	42.3M	41.8M	40.9M	37.1M	35.1M	41.4M
Liabilities And Stockholders Equity	3.0B	2.8B	2.6B	2.8B	2.9B	3.1B
Non Current Liabilities Total	1.8B	1.3B	1.2B	1.4B	1.4B	1.5B
Inventory	272.5M	235.7M	236.7M	291.9M	373.9M	392.6M
Other Stockholder Equity	10.9M	62.5M	(3.2M)	(3.5M)	(1.0)	(0.95)
Total Liab	2.0B	1.5B	1.4B	1.6B	1.6B	1.7B
Total Current Assets	678.2M	661.7M	442.7M	521.5M	627.7M	659.1M
Short Term Debt	10.2M	12.7M	14.2M	22.0M	25.8M	48.1M
Property Plant And Equipment Gross	1.8B	1.7B	1.6B	1.7B	3.2B	3.3B
Accumulated Other Comprehensive Income	(3.6M)	(3.4M)	(3.2M)	(3.5M)	(3.4M)	(3.5M)
Other Current Assets	6.9M	12.4M	3.2M	3.1M	6.0M	9.5M
Other Assets	19.7M	24.4M	28.0M	14.1M	16.3M	21.2M
Long Term Debt	1.6B	1.0B	938.3M	1.1B	1.1B	1.1B
Common Stock Total Equity	416K	424K	387K	358K	411.7K	425.4K
Common Stock	416K	424K	387K	358K	341K	423.4K
Property Plant Equipment	1.8B	1.7B	1.6B	1.7B	1.9B	1.1B
Intangible Assets	64.9M	63.2M	58.8M	85.3M	93.5M	55.2M
Other Liab	125.3M	206.4M	267.3M	300.3M	345.3M	362.6M
Net Tangible Assets	571.4M	966.7M	745.7M	719.7M	827.6M	815.6M
Retained Earnings Total Equity	960.1M	1.3B	1.1B	1.2B	1.4B	992.4M
Long Term Debt Total	1.6B	1.0B	938.3M	1.1B	1.2B	748.0M
Deferred Long Term Liab	166.7M	226.0M	232.4M	236.8M	272.4M	178.4M

Pair Trading with Eagle Materials

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

Moving together with Eagle Stock

0.9	BCC	Boise Cascad Llc	Pair Corr
0.87	CRH	CRH PLC ADR	Pair Corr

Moving against Eagle Stock

0.44	RETO	ReTo Eco Solutions	Pair Corr
0.31	CX	Cemex SAB de	Pair Corr

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

The correlation of Eagle Materials 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 Eagle Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Materials 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 Eagle Materials 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

Additional Tools for Eagle Stock Analysis

When running Eagle Materials' price analysis, check to measure Eagle Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eagle Materials is operating at the current time. Most of Eagle Materials' value examination focuses on studying past and present price action to predict the probability of Eagle Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Materials' price. Additionally, you may evaluate how the addition of Eagle Materials to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC