ECD Net Invested Capital vs Non Current Liabilities Other 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 Net Invested Capital and its Non Current Liabilities Other 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.
Net Invested Capital vs Non Current Liabilities Other
Net Invested Capital vs Non Current Liabilities Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECD Automotive Design Net Invested Capital account and Non Current Liabilities Other. At this time, the significance of the direction appears to have pay attention.
The correlation between ECD Automotive's Net Invested Capital and Non Current Liabilities Other is -0.74. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Liabilities Other 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 Net Invested Capital and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of ECD Automotive Design are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Net Invested Capital i.e., ECD Automotive's Net Invested Capital and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Non Current Liabilities Other
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 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.Additional Tools for ECD Stock Analysis
When running ECD Automotive's price analysis, check to measure ECD Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ECD Automotive is operating at the current time. Most of ECD Automotive's value examination focuses on studying past and present price action to predict the probability of ECD Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECD Automotive's price. Additionally, you may evaluate how the addition of ECD Automotive to your portfolios can decrease your overall portfolio volatility.