Ecofin Total Assets vs Other Current Liab Analysis

EGL Stock   191.00  0.50  0.26%   
Ecofin Global financial indicator trend analysis is much more than just examining Ecofin Global Utilities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ecofin Global Utilities is a good investment. Please check the relationship between Ecofin Global Total Assets and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecofin Global Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecofin Global Utilities Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Ecofin Global's Total Assets and Other Current Liab is 0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Ecofin Global Utilities, assuming nothing else is changed. The correlation between historical values of Ecofin Global's Total Assets and Other Current Liab 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 Assets of Ecofin Global Utilities are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Ecofin Global's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Ecofin Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ecofin Global Utilities books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Liab

Most indicators from Ecofin Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecofin Global Utilities 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 Ecofin Global Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 27, 2024, Tax Provision is expected to decline to about 992.8 K. In addition to that, Selling General Administrative is expected to decline to about 674.6 K
 2021 2022 2023 2024 (projected)
Total Operating Expenses885K835K751.5K674.6K
Cost Of Revenue2.3M2.4M2.7M2.3M

Ecofin Global fundamental ratios Correlations

0.830.090.920.990.820.98-0.740.880.980.730.191.0-0.950.820.910.510.750.730.840.52-0.620.891.01.00.6
0.830.280.920.770.840.71-0.890.920.80.810.520.82-0.860.470.860.180.510.421.00.2-0.780.990.840.820.55
0.090.280.130.060.19-0.02-0.450.26-0.010.180.250.12-0.26-0.210.05-0.74-0.39-0.550.3-0.75-0.190.190.10.12-0.36
0.920.920.130.890.860.87-0.870.880.930.750.410.91-0.90.610.960.370.640.620.920.41-0.650.940.920.910.67
0.990.770.060.890.780.99-0.680.840.980.680.130.99-0.930.850.880.550.760.760.780.55-0.560.840.990.990.58
0.820.840.190.860.780.77-0.890.850.830.970.30.82-0.770.550.830.290.590.570.840.27-0.760.880.820.820.48
0.980.71-0.020.870.990.77-0.630.80.970.660.090.98-0.880.850.850.590.770.820.720.59-0.540.80.970.980.61
-0.74-0.89-0.45-0.87-0.68-0.89-0.63-0.81-0.72-0.84-0.49-0.730.8-0.38-0.85-0.03-0.33-0.26-0.89-0.050.65-0.86-0.74-0.73-0.41
0.880.920.260.880.840.850.8-0.810.810.820.150.89-0.890.640.870.30.620.530.920.3-0.90.940.880.890.34
0.980.8-0.010.930.980.830.97-0.720.810.710.270.97-0.880.770.90.540.780.80.810.56-0.550.870.980.970.71
0.730.810.180.750.680.970.66-0.840.820.710.250.73-0.710.520.760.290.530.490.810.25-0.810.840.720.730.36
0.190.520.250.410.130.30.09-0.490.150.270.250.15-0.21-0.280.25-0.33-0.11-0.090.51-0.27-0.030.450.20.150.64
1.00.820.120.910.990.820.98-0.730.890.970.730.15-0.950.830.910.510.740.720.830.5-0.640.881.01.00.55
-0.95-0.86-0.26-0.9-0.93-0.77-0.880.8-0.89-0.88-0.71-0.21-0.95-0.78-0.9-0.39-0.55-0.52-0.87-0.390.65-0.89-0.95-0.95-0.46
0.820.47-0.210.610.850.550.85-0.380.640.770.52-0.280.83-0.780.730.810.780.760.480.78-0.430.560.820.830.34
0.910.860.050.960.880.830.85-0.850.870.90.760.250.91-0.90.730.50.710.630.870.54-0.640.890.910.910.58
0.510.18-0.740.370.550.290.59-0.030.30.540.29-0.330.51-0.390.810.50.780.850.170.99-0.210.290.50.510.44
0.750.51-0.390.640.760.590.77-0.330.620.780.53-0.110.74-0.550.780.710.780.890.510.79-0.460.60.740.740.5
0.730.42-0.550.620.760.570.82-0.260.530.80.49-0.090.72-0.520.760.630.850.890.420.85-0.390.550.720.720.66
0.841.00.30.920.780.840.72-0.890.920.810.810.510.83-0.870.480.870.170.510.420.19-0.780.990.840.830.54
0.520.2-0.750.410.550.270.59-0.050.30.560.25-0.270.5-0.390.780.540.990.790.850.19-0.180.30.510.50.5
-0.62-0.78-0.19-0.65-0.56-0.76-0.540.65-0.9-0.55-0.81-0.03-0.640.65-0.43-0.64-0.21-0.46-0.39-0.78-0.18-0.8-0.62-0.64-0.12
0.890.990.190.940.840.880.8-0.860.940.870.840.450.88-0.890.560.890.290.60.550.990.3-0.80.890.880.6
1.00.840.10.920.990.820.97-0.740.880.980.720.21.0-0.950.820.910.50.740.720.840.51-0.620.891.00.6
1.00.820.120.910.990.820.98-0.730.890.970.730.151.0-0.950.830.910.510.740.720.830.5-0.640.881.00.55
0.60.55-0.360.670.580.480.61-0.410.340.710.360.640.55-0.460.340.580.440.50.660.540.5-0.120.60.60.55
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Ecofin Global Account Relationship Matchups

Ecofin Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets181.8M233.3M259.7M235.9M271.3M217.6M
Short Long Term Debt Total22.8M35.9M25.6M20.0M23.0M23.5M
Other Current Liab2.6M850K26.2M(20.5M)(23.6M)(22.4M)
Total Current Liabilities25.4M36.7M26.7M27.9M32.1M21.5M
Total Stockholder Equity156.4M196.5M233.1M212.0M243.8M192.3M
Net Tangible Assets161.5M156.4M196.5M233.1M268.0M185.5M
Net Debt22.8M24.6M25.6M20.0M23.0M20.3M
Retained Earnings131.4M160.6M150.5M180.0M207.0M165.8M
Non Current Assets Total179.2M220.9M258.3M227.5M261.6M211.5M
Non Currrent Assets Other(179.2M)(220.9M)(258.3M)(227.5M)(204.8M)(215.0M)
Other Assets1.1M1.1M1.1M259.7M298.7M313.6M
Liabilities And Stockholders Equity181.8M233.3M259.7M235.9M271.3M217.6M
Non Current Liabilities Total22.8M35.9M26.7M20.0M23.0M23.7M
Other Current Assets2.6M2.2M1.4M8.4M9.7M10.2M
Other Stockholder Equity5.0M15.5M40.8M50.5M45.5M46.1M
Total Liab22.8M35.9M26.7M24.0M27.6M24.6M
Net Invested Capital179.2M232.4M258.7M232.0M266.8M215.8M
Long Term Investments179.2M220.9M258.3M227.5M261.6M211.5M
Total Current Assets1.5M11.3M1.4M8.4M9.7M5.4M
Accumulated Other Comprehensive Income150.5M180.0M191.1M160.3M184.3M173.7M
Short Term Debt22.8M35.9M25.6M20.0M23.0M23.5M
Common Stock950K1.0M1.1M1.2M1.3M1.1M
Capital Stock950K1.0M1.1M1.2M1.3M1.1M

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Other Information on Investing in Ecofin Stock

Balance Sheet is a snapshot of the financial position of Ecofin Global Utilities at a specified time, usually calculated after every quarter, six months, or one year. Ecofin Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ecofin Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ecofin currently owns. An asset can also be divided into two categories, current and non-current.