ECD Total Cash From Operating Activities vs Net Debt Analysis
| ECDA Stock | 0.98 0.03 3.16% |
ECD Automotive financial indicator trend analysis is much more than just examining ECD Automotive Design latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECD Automotive Design is a good investment. Please check the relationship between ECD Automotive Total Cash From Operating Activities and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECD Automotive Design. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Cash From Operating Activities vs Net Debt
Total Cash From Operating Activities vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECD Automotive Design Total Cash From Operating Activities account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between ECD Automotive's Total Cash From Operating Activities and Net Debt is -0.87. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Net Debt in the same time period over historical financial statements of ECD Automotive Design, assuming nothing else is changed. The correlation between historical values of ECD Automotive's Total Cash From Operating Activities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of ECD Automotive Design are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Cash From Operating Activities i.e., ECD Automotive's Total Cash From Operating Activities and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Cash From Operating Activities
Net Debt
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.Most indicators from ECD Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECD Automotive Design 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 ECD Automotive Design. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. The current year's Issuance Of Capital Stock is expected to grow to about 100.3 K, whereas Selling General Administrative is forecasted to decline to about 4.4 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6M | 3.8M | 4.2M | 3.9M | Total Revenue | 11.5M | 15.0M | 15.1M | 15.3M |
ECD Automotive fundamental ratios Correlations
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ECD Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ECD Automotive Design is a strong investment it is important to analyze ECD Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ECD Automotive's future performance. For an informed investment choice regarding ECD Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECD Automotive Design. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ECD Automotive. If investors know ECD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ECD Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 0.893 | Quarterly Revenue Growth 1.294 | Return On Assets 0.0181 |
The market value of ECD Automotive Design is measured differently than its book value, which is the value of ECD that is recorded on the company's balance sheet. Investors also form their own opinion of ECD Automotive's value that differs from its market value or its book value, called intrinsic value, which is ECD Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ECD Automotive's market value can be influenced by many factors that don't directly affect ECD Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ECD Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECD Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECD Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.