ECARX Cash And Short Term Investments vs Non Currrent Assets Other Analysis

ECXWW Stock   0.02  0.0003  1.22%   
ECARX Holdings financial indicator trend analysis is much more than just examining ECARX Holdings Warrants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECARX Holdings Warrants is a good investment. Please check the relationship between ECARX Holdings Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Warrants Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ECARX Holdings' Cash And Short Term Investments and Non Currrent Assets Other is -0.33. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of ECARX Holdings Warrants, assuming nothing else is changed. The correlation between historical values of ECARX Holdings' Cash And Short Term Investments and Non Currrent Assets 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 Cash And Short Term Investments of ECARX Holdings Warrants are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., ECARX Holdings' Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ECARX Holdings Warrants balance sheet. This account contains ECARX Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ECARX Holdings Warrants fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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.
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 Warrants 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Tax Provision is likely to climb 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 Amortization65.2M116.5M124.6M100.5M
Interest Income11.8M12.4M30.5M22.9M

ECARX Holdings fundamental ratios Correlations

0.82-1.00.680.250.840.7-0.960.41-0.320.940.86-0.050.83-0.670.34-0.9-0.970.590.460.880.990.690.84-0.780.87
0.82-0.840.960.671.00.98-0.910.86-0.740.590.98-0.460.99-0.6-0.21-0.92-0.720.89-0.040.970.820.831.0-0.940.95
-1.0-0.84-0.69-0.29-0.86-0.720.96-0.440.32-0.92-0.890.05-0.840.68-0.30.910.96-0.61-0.43-0.9-0.99-0.68-0.860.78-0.89
0.680.96-0.690.690.940.97-0.840.91-0.890.420.88-0.630.96-0.48-0.34-0.81-0.560.91-0.180.890.680.910.94-0.970.87
0.250.67-0.290.690.660.72-0.430.87-0.73-0.10.66-0.770.58-0.6-0.81-0.64-0.220.9-0.730.670.190.420.64-0.520.69
0.841.0-0.860.940.660.98-0.910.84-0.690.610.99-0.40.99-0.6-0.19-0.92-0.730.880.00.980.830.791.0-0.920.95
0.70.98-0.720.970.720.98-0.810.93-0.790.440.94-0.490.97-0.47-0.35-0.83-0.560.89-0.150.920.710.790.98-0.910.89
-0.96-0.910.96-0.84-0.43-0.91-0.81-0.590.57-0.82-0.90.32-0.910.71-0.140.940.92-0.76-0.24-0.95-0.94-0.85-0.910.91-0.94
0.410.86-0.440.910.870.840.93-0.59-0.890.090.79-0.70.82-0.38-0.67-0.68-0.280.92-0.50.770.410.680.83-0.780.75
-0.32-0.740.32-0.89-0.73-0.69-0.790.57-0.89-0.04-0.590.88-0.730.310.580.550.22-0.840.5-0.64-0.31-0.84-0.690.83-0.64
0.940.59-0.920.42-0.10.610.44-0.820.09-0.040.650.240.63-0.510.65-0.7-0.920.280.730.660.950.530.62-0.590.65
0.860.98-0.890.880.660.990.94-0.90.79-0.590.65-0.330.95-0.67-0.15-0.95-0.780.860.030.980.850.710.98-0.850.97
-0.05-0.460.05-0.63-0.77-0.4-0.490.32-0.70.880.24-0.33-0.40.420.710.390.06-0.760.76-0.430.0-0.6-0.390.55-0.46
0.830.99-0.840.960.580.990.97-0.910.82-0.730.630.95-0.4-0.51-0.13-0.88-0.70.840.060.950.840.860.99-0.960.92
-0.67-0.60.68-0.48-0.6-0.6-0.470.71-0.380.31-0.51-0.670.42-0.510.080.850.79-0.710.12-0.75-0.58-0.43-0.580.49-0.81
0.34-0.21-0.3-0.34-0.81-0.19-0.35-0.14-0.670.580.65-0.150.71-0.130.080.08-0.39-0.540.96-0.140.38-0.06-0.170.11-0.16
-0.9-0.920.91-0.81-0.64-0.92-0.830.94-0.680.55-0.7-0.950.39-0.880.850.080.88-0.86-0.02-0.98-0.86-0.71-0.920.82-0.99
-0.97-0.720.96-0.56-0.22-0.73-0.560.92-0.280.22-0.92-0.780.06-0.70.79-0.390.88-0.54-0.44-0.82-0.93-0.61-0.730.67-0.83
0.590.89-0.610.910.90.880.89-0.760.92-0.840.280.86-0.760.84-0.71-0.54-0.86-0.54-0.440.890.540.740.87-0.820.91
0.46-0.04-0.43-0.18-0.730.0-0.15-0.24-0.50.50.730.030.760.060.120.96-0.02-0.44-0.440.00.510.020.02-0.02-0.04
0.880.97-0.90.890.670.980.92-0.950.77-0.640.660.98-0.430.95-0.75-0.14-0.98-0.820.890.00.860.770.97-0.891.0
0.990.82-0.990.680.190.830.71-0.940.41-0.310.950.850.00.84-0.580.38-0.86-0.930.540.510.860.70.84-0.790.84
0.690.83-0.680.910.420.790.79-0.850.68-0.840.530.71-0.60.86-0.43-0.06-0.71-0.610.740.020.770.70.8-0.970.76
0.841.0-0.860.940.641.00.98-0.910.83-0.690.620.98-0.390.99-0.58-0.17-0.92-0.730.870.020.970.840.8-0.920.95
-0.78-0.940.78-0.97-0.52-0.92-0.910.91-0.780.83-0.59-0.850.55-0.960.490.110.820.67-0.82-0.02-0.89-0.79-0.97-0.92-0.87
0.870.95-0.890.870.690.950.89-0.940.75-0.640.650.97-0.460.92-0.81-0.16-0.99-0.830.91-0.041.00.840.760.95-0.87
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ECARX Holdings Account Relationship Matchups

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