ECD Non Currrent Assets Other vs Net Invested Capital Analysis

ECDAW Stock   0.02  0.01  38.79%   
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 Non Currrent Assets Other and its Net Invested Capital 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.

Non Currrent Assets Other vs Net Invested Capital

Non Currrent Assets Other vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECD Automotive Design Non Currrent Assets Other account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ECD Automotive's Non Currrent Assets Other and Net Invested Capital is 0.13. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Invested Capital 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 Non Currrent Assets Other and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of ECD Automotive Design are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Currrent Assets Other i.e., ECD Automotive's Non Currrent Assets Other and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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

1.00.240.98-0.920.860.970.94-0.930.990.990.89-0.160.90.99-0.92-0.880.940.95-0.151.00.90.870.970.96-0.86
1.00.210.98-0.910.880.960.93-0.910.990.990.9-0.190.880.99-0.92-0.860.930.94-0.181.00.880.880.960.96-0.87
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0.980.980.4-0.950.761.00.91-0.950.951.00.80.010.921.0-0.86-0.90.920.990.030.990.930.771.00.99-0.77
-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
0.860.88-0.230.76-0.730.720.89-0.730.930.791.0-0.610.710.79-0.95-0.70.840.65-0.60.830.691.00.720.7-0.99
0.970.960.461.0-0.950.720.89-0.950.930.990.760.080.930.99-0.84-0.90.910.990.090.990.930.731.01.0-0.73
0.940.930.230.91-0.960.890.89-0.960.950.910.9-0.20.950.91-0.98-0.951.00.84-0.180.930.950.890.880.86-0.92
-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
0.990.990.120.95-0.90.930.930.95-0.90.960.94-0.290.880.96-0.96-0.860.940.89-0.270.980.870.930.930.92-0.93
0.990.990.361.0-0.940.790.990.91-0.940.960.82-0.030.911.0-0.87-0.890.920.98-0.011.00.920.790.990.99-0.79
0.890.9-0.180.8-0.751.00.760.9-0.760.940.82-0.570.740.82-0.96-0.730.860.69-0.560.860.721.00.750.73-0.99
-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
0.960.960.460.99-0.930.71.00.86-0.930.920.990.730.10.90.99-0.81-0.870.881.00.110.980.910.711.0-0.7
-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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