Eco Oil Gas Stock Working Capital

ECO Stock   10.00  0.50  4.76%   
Eco Oil Gas fundamentals help investors to digest information that contributes to Eco Oil's financial success or failures. It also enables traders to predict the movement of Eco Stock. The fundamental analysis module provides a way to measure Eco Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eco Oil stock.
The current year's Change In Working Capital is expected to grow to about 10.5 M, whereas Net Working Capital is forecasted to decline to about 1.8 M.
  
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Eco Oil Gas Company Working Capital Analysis

Eco Oil's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Eco Oil Working Capital

    
  1.85 M  
Most of Eco Oil's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eco Oil Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Eco Net Invested Capital

Net Invested Capital

29.5 Million

At present, Eco Oil's Net Invested Capital is projected to increase significantly based on the last few years of reporting.
According to the company's disclosures, Eco Oil Gas has a Working Capital of 1.85 M. This is 100.63% lower than that of the Oil, Gas & Consumable Fuels sector and 99.85% lower than that of the Energy industry. The working capital for all United Kingdom stocks is 99.87% higher than that of the company.

Eco Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eco Oil's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eco Oil could also be used in its relative valuation, which is a method of valuing Eco Oil by comparing valuation metrics of similar companies.
Eco Oil is currently under evaluation in working capital category among its peers.

Eco Fundamentals

About Eco Oil Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eco Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Oil Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Eco Stock

Eco Oil financial ratios help investors to determine whether Eco 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 Eco with respect to the benefits of owning Eco Oil security.