Ecosynthetix Stock Current Liabilities

ECO Stock  CAD 3.96  0.04  1.00%   
EcoSynthetix fundamentals help investors to digest information that contributes to EcoSynthetix's financial success or failures. It also enables traders to predict the movement of EcoSynthetix Stock. The fundamental analysis module provides a way to measure EcoSynthetix'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 EcoSynthetix stock.
As of the 1st of December 2024, Total Current Liabilities is likely to grow to about 2.4 M, while Non Current Liabilities Total is likely to drop about 245.4 K.
  
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EcoSynthetix Company Current Liabilities Analysis

EcoSynthetix's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

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EcoSynthetix Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for EcoSynthetix is extremely important. It helps to project a fair market value of EcoSynthetix Stock properly, considering its historical fundamentals such as Current Liabilities. Since EcoSynthetix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EcoSynthetix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EcoSynthetix's interrelated accounts and indicators.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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EcoSynthetix Total Current Liabilities

Total Current Liabilities

2.38 Million

At this time, EcoSynthetix's Total Current Liabilities is very stable compared to the past year.
In accordance with the recently published financial statements, EcoSynthetix has a Current Liabilities of 0.0. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

EcoSynthetix Current Valuation Drivers

We derive many important indicators used in calculating different scores of EcoSynthetix from analyzing EcoSynthetix's financial statements. These drivers represent accounts that assess EcoSynthetix's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EcoSynthetix's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap118.9M165.6M266.0M179.0M159.9M100.7M
Enterprise Value112.3M150.3M224.8M175.0M155.6M163.4M

EcoSynthetix Fundamentals

About EcoSynthetix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EcoSynthetix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EcoSynthetix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EcoSynthetix 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.

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.