ECARX Total Current Assets vs Common Stock Analysis

ECXWW Stock   0.02  0.01  22.93%   
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 Total Current Assets and its Common Stock 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.

Total Current Assets vs Common Stock

Total Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Warrants Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ECARX Holdings' Total Current Assets and Common Stock is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock 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' Total Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of ECARX Holdings Warrants are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., ECARX Holdings' Total Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Common Stock

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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