ECD Capex To Revenue vs Roic Analysis

ECDAW Stock   0.02  0.00  0.00%   
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 Capex To Revenue and its Roic 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 nation.

Capex To Revenue vs Roic

Capex To Revenue vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECD Automotive Design Capex To Revenue account and Roic. At this time, the significance of the direction appears to have pay attention.
The correlation between ECD Automotive's Capex To Revenue and Roic is -0.79. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Roic 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 Capex To Revenue and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of ECD Automotive Design are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Capex To Revenue i.e., ECD Automotive's Capex To Revenue and Roic go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
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 nation.
Issuance Of Capital Stock is likely to climb to about 100.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 4.4 M in 2024.
 2010 2022 2023 2024 (projected)
Gross Profit2.6M3.8M4.2M3.9M
Total Revenue11.5M15.0M15.1M15.3M

ECD Automotive fundamental ratios Correlations

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-0.92-0.91-0.5-0.95-0.73-0.95-0.961.0-0.9-0.94-0.75-0.09-1.0-0.940.890.99-0.98-0.92-0.11-0.93-1.0-0.73-0.93-0.930.77
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-0.93-0.91-0.5-0.951.0-0.73-0.95-0.96-0.9-0.94-0.76-0.09-1.0-0.940.890.99-0.98-0.92-0.11-0.93-1.0-0.73-0.93-0.930.77
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-0.16-0.190.910.01-0.09-0.610.08-0.2-0.09-0.29-0.03-0.570.1-0.030.38-0.1-0.110.151.0-0.10.13-0.60.070.10.56
0.90.880.510.92-1.00.710.930.95-1.00.880.910.740.10.91-0.88-1.00.980.890.120.911.00.720.910.9-0.76
0.990.990.361.0-0.940.790.990.91-0.940.961.00.82-0.030.91-0.87-0.890.920.98-0.011.00.920.790.990.99-0.79
-0.92-0.92-0.05-0.860.89-0.95-0.84-0.980.89-0.96-0.87-0.960.38-0.88-0.870.88-0.96-0.770.36-0.9-0.87-0.96-0.82-0.810.98
-0.88-0.86-0.51-0.90.99-0.7-0.9-0.950.99-0.86-0.89-0.73-0.1-1.0-0.890.88-0.97-0.86-0.12-0.88-1.0-0.71-0.88-0.870.76
0.940.930.310.92-0.980.840.911.0-0.980.940.920.86-0.110.980.92-0.96-0.970.86-0.10.930.970.850.890.88-0.88
0.950.940.510.99-0.920.650.990.84-0.920.890.980.690.150.890.98-0.77-0.860.860.160.970.90.661.01.0-0.66
-0.15-0.180.910.03-0.11-0.60.09-0.18-0.11-0.27-0.01-0.561.00.12-0.010.36-0.12-0.10.16-0.080.15-0.590.090.110.55
1.01.00.30.99-0.930.830.990.93-0.930.981.00.86-0.10.911.0-0.9-0.880.930.97-0.080.910.830.980.98-0.83
0.90.880.540.93-1.00.690.930.95-1.00.870.920.720.131.00.92-0.87-1.00.970.90.150.910.70.920.91-0.74
0.870.88-0.220.77-0.731.00.730.89-0.730.930.791.0-0.60.720.79-0.96-0.710.850.66-0.590.830.70.730.71-0.99
0.970.960.451.0-0.930.721.00.88-0.930.930.990.750.070.910.99-0.82-0.880.891.00.090.980.920.731.0-0.72
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-0.86-0.870.16-0.770.77-0.99-0.73-0.920.77-0.93-0.79-0.990.56-0.76-0.790.980.76-0.88-0.660.55-0.83-0.74-0.99-0.72-0.7
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ECD Automotive Account Relationship Matchups

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