ECD Property Plant And Equipment Net vs Long Term Debt 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 Property Plant And Equipment Net and its Long Term 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 nation.

Property Plant And Equipment Net vs Long Term Debt

Property Plant And Equipment Net vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECD Automotive Design Property Plant And Equipment Net account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between ECD Automotive's Property Plant And Equipment Net and Long Term Debt is 0.71. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term 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 Property Plant And Equipment Net and Long Term 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 Property Plant And Equipment Net of ECD Automotive Design are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., ECD Automotive's Property Plant And Equipment Net and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Long Term Debt

Long-term debt is a debt that ECD Automotive Design has held for over one year. Long-term debt appears on ECD Automotive Design balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ECD Automotive Design balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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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-0.15-0.180.910.03-0.11-0.60.09-0.18-0.11-0.27-0.01-0.561.00.12-0.010.36-0.12-0.10.16-0.080.15-0.590.090.110.55
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ECD Automotive Account Relationship Matchups

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