ECARX Net Receivables vs Inventory Analysis
ECX Stock | 1.65 0.01 0.61% |
ECARX Holdings financial indicator trend analysis is much more than just examining ECARX Holdings Class latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECARX Holdings Class is a good investment. Please check the relationship between ECARX Holdings Net Receivables and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Receivables vs Inventory
Net Receivables vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Class Net Receivables account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between ECARX Holdings' Net Receivables and Inventory is -0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of ECARX Holdings Class, assuming nothing else is changed. The correlation between historical values of ECARX Holdings' Net Receivables and Inventory 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 Receivables of ECARX Holdings Class are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., ECARX Holdings' Net Receivables and Inventory go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Inventory
Most indicators from ECARX Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECARX Holdings Class 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 ECARX Holdings Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Tax Provision is likely to rise to about (3.5 M) in 2024. Selling General Administrative is likely to drop to about 138.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 65.2M | 116.5M | 124.6M | 100.5M | Interest Income | 11.8M | 12.4M | 30.5M | 22.9M |
ECARX Holdings fundamental ratios Correlations
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ECARX Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running ECARX Holdings' price analysis, check to measure ECARX Holdings' 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 ECARX Holdings is operating at the current time. Most of ECARX Holdings' value examination focuses on studying past and present price action to predict the probability of ECARX Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECARX Holdings' price. Additionally, you may evaluate how the addition of ECARX Holdings to your portfolios can decrease your overall portfolio volatility.