EcoSynthetix Debt To Assets from 2010 to 2026
| ECO Stock | CAD 3.74 0.06 1.58% |
Debt To Assets | First Reported 2010-12-31 | Previous Quarter 0.08362904 | Current Value 0.0878 | Quarterly Volatility 0.02175648 |
Check EcoSynthetix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EcoSynthetix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 357.2 K or Selling General Administrative of 5.8 M, as well as many indicators such as Price To Sales Ratio of 5.98, Dividend Yield of 0.0 or PTB Ratio of 4.65. EcoSynthetix financial statements analysis is a perfect complement when working with EcoSynthetix Valuation or Volatility modules.
EcoSynthetix | Debt To Assets |
Evaluating EcoSynthetix's Debt To Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into EcoSynthetix's fundamental strength.
Latest EcoSynthetix's Debt To Assets Growth Pattern
Below is the plot of the Debt To Assets of EcoSynthetix over the last few years. It is EcoSynthetix's Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EcoSynthetix's overall financial position and show how it may be relating to other accounts over time.
| Debt To Assets | 10 Years Trend |
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Debt To Assets |
| Timeline |
EcoSynthetix Debt To Assets Regression Statistics
| Arithmetic Mean | 0.03 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 73.09 | |
| Mean Deviation | 0.01 | |
| Median | 0.03 | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0005 | |
| Range | 0.082 | |
| R-Value | 0.39 | |
| Mean Square Error | 0.0004 | |
| R-Squared | 0.15 | |
| Significance | 0.12 | |
| Slope | 0 | |
| Total Sum of Squares | 0.01 |
EcoSynthetix Debt To Assets History
About EcoSynthetix Financial Statements
EcoSynthetix investors utilize fundamental indicators, such as Debt To Assets, to predict how EcoSynthetix Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt To Assets | 0.08 | 0.09 |
Pair Trading with EcoSynthetix
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 EcoSynthetix 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 EcoSynthetix will appreciate offsetting losses from the drop in the long position's value.Moving against EcoSynthetix Stock
| 0.53 | ORE | Orezone Gold Corp | PairCorr |
| 0.47 | AG | First Majestic Silver | PairCorr |
| 0.46 | FDY | Faraday Copper Corp | PairCorr |
| 0.36 | INFM | Infinico Metals Corp Split | PairCorr |
The ability to find closely correlated positions to EcoSynthetix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoSynthetix 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 EcoSynthetix - 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 EcoSynthetix to buy it.
The correlation of EcoSynthetix 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 EcoSynthetix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoSynthetix 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 EcoSynthetix 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.Other Information on Investing in EcoSynthetix Stock
EcoSynthetix financial ratios help investors to determine whether EcoSynthetix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EcoSynthetix with respect to the benefits of owning EcoSynthetix security.