Ecora Net Debt from 2010 to 2026
| ECOR Stock | 2.57 0.10 3.75% |
Net Debt | First Reported 2002-06-30 | Previous Quarter 127.7 M | Current Value 127.7 M | Quarterly Volatility 47.3 M |
Check Ecora Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ecora Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.4 M, Interest Expense of 9.8 M or Total Revenue of 72 M, as well as many indicators such as Price To Sales Ratio of 3.7, Dividend Yield of 0.0394 or PTB Ratio of 0.51. Ecora financial statements analysis is a perfect complement when working with Ecora Resources Valuation or Volatility modules.
Ecora | Net Debt |
Evaluating Ecora Resources's Net Debt 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 Ecora Resources plc's fundamental strength.
Latest Ecora Resources' Net Debt Growth Pattern
Below is the plot of the Net Debt of Ecora Resources plc over the last few years. It is 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. Ecora Resources' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ecora Resources' overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Ecora Net Debt Regression Statistics
| Arithmetic Mean | 25,431,785 | |
| Coefficient Of Variation | 195.68 | |
| Mean Deviation | 42,190,661 | |
| Median | 3,904,426 | |
| Standard Deviation | 49,765,050 | |
| Sample Variance | 2476.6T | |
| Range | 153.1M | |
| R-Value | 0.92 | |
| Mean Square Error | 423T | |
| R-Squared | 0.84 | |
| Slope | 9,031,615 | |
| Total Sum of Squares | 39625T |
Ecora Net Debt History
About Ecora Resources Financial Statements
Ecora Resources investors utilize fundamental indicators, such as Net Debt, to predict how Ecora 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 | ||
| Net Debt | 98.2 M | 103.1 M | |
| Net Debt To EBITDA | 3.40 | 3.57 |
Pair Trading with Ecora Resources
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 Ecora Resources 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 Ecora Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Ecora Stock
| 0.95 | AG | First Majestic Silver | PairCorr |
| 0.93 | IE | Ivanhoe Energy | PairCorr |
| 0.95 | ORE | Orezone Gold Corp | PairCorr |
| 0.93 | FDY | Faraday Copper Corp | PairCorr |
Moving against Ecora Stock
The ability to find closely correlated positions to Ecora Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecora Resources 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 Ecora Resources - 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 Ecora Resources plc to buy it.
The correlation of Ecora Resources 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 Ecora Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecora Resources plc 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 Ecora Resources 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 Ecora Stock
Ecora Resources financial ratios help investors to determine whether Ecora 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 Ecora with respect to the benefits of owning Ecora Resources security.