ECARX Depreciation And Amortization vs Total Current Assets 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 Depreciation And Amortization and its Total Current Assets 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.
Depreciation And Amortization vs Total Current Assets
Depreciation And Amortization vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Warrants Depreciation And Amortization account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between ECARX Holdings' Depreciation And Amortization and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Assets 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' Depreciation And Amortization and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of ECARX Holdings Warrants are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Depreciation And Amortization i.e., ECARX Holdings' Depreciation And Amortization and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Amortization | 65.2M | 116.5M | 124.6M | 100.5M | Interest Income | 11.8M | 12.4M | 30.5M | 22.9M |
ECARX Holdings fundamental ratios Correlations
Click cells to compare fundamentals
ECARX Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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 ECARX Stock Analysis
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.