Eco Non Current Assets Total vs Non Currrent Assets Other Analysis

EOG Stock

CAD 0.19 0.01 5.56%

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

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eco Atlantic Oil Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Eco Atlantic's Non Current Assets Total and Non Currrent Assets Other is 0.1. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Eco Atlantic Oil, assuming nothing else is changed. The correlation between historical values of Eco Atlantic's Non Current Assets Total 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 Non Current Assets Total of Eco Atlantic Oil 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 Non Current Assets Total i.e., Eco Atlantic's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 Eco Atlantic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eco Atlantic Oil 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 Eco Atlantic Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Eco Atlantic's Discontinued Operations is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 818.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.

Eco Atlantic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Other Assets	Net Receivables	Non Currrent Assets Other	Short Term Investments	Inventory	Intangible Assets	Current Deferred Revenue	Net Tangible Assets
Total Assets		0.79	1.0	0.02	-0.68	0.77	-0.02	-0.02	0.73	-0.17	0.69	0.74	0.79	0.07	0.7	0.73	-0.14	0.89	0.69	0.49	0.32	-0.09	-0.89	0.84	-0.22	0.78
Total Current Liabilities	0.79		0.74	0.23	-0.37	0.87	-0.23	-0.24	0.41	0.4	0.77	0.64	1.0	-0.12	0.61	0.4	-0.36	0.76	0.38	0.61	0.05	-0.2	-0.83	0.69	0.31	0.52
Total Stockholder Equity	1.0	0.74		-0.01	-0.7	0.74	0.01	0.01	0.74	-0.23	0.66	0.73	0.74	0.1	0.69	0.74	-0.11	0.88	0.71	0.46	0.35	-0.08	-0.87	0.83	-0.28	0.79
Net Debt	0.02	0.23	-0.01		-0.17	0.29	-1.0	-1.0	0.05	0.1	0.22	0.37	0.22	-0.99	0.06	0.1	-0.77	0.39	0.01	0.14	-0.61	-0.21	-0.2	0.43	0.09	0.08
Retained Earnings	-0.68	-0.37	-0.7	-0.17		-0.49	0.18	0.18	-0.98	0.37	-0.23	-0.66	-0.38	0.15	-0.33	-0.99	0.16	-0.8	-0.88	-0.2	-0.26	0.04	0.47	-0.85	0.34	-0.93
Accounts Payable	0.77	0.87	0.74	0.29	-0.49		-0.29	-0.29	0.54	0.23	0.47	0.5	0.87	-0.2	0.29	0.54	-0.39	0.78	0.41	0.82	-0.03	-0.18	-0.76	0.74	0.29	0.5
Cash	-0.02	-0.23	0.01	-1.0	0.18	-0.29		1.0	-0.05	-0.1	-0.22	-0.38	-0.22	0.99	-0.06	-0.11	0.77	-0.4	-0.01	-0.14	0.6	0.23	0.2	-0.44	-0.09	-0.09
Cash And Short Term Investments	-0.02	-0.24	0.01	-1.0	0.18	-0.29	1.0		-0.05	-0.1	-0.21	-0.38	-0.23	0.99	-0.06	-0.1	0.78	-0.4	0.01	-0.15	0.59	0.29	0.19	-0.44	-0.1	-0.09
Common Stock Shares Outstanding	0.73	0.41	0.74	0.05	-0.98	0.54	-0.05	-0.05		-0.35	0.23	0.63	0.42	-0.02	0.33	0.99	-0.08	0.8	0.86	0.26	0.36	-0.05	-0.5	0.83	-0.31	0.94
Non Current Liabilities Total	-0.17	0.4	-0.23	0.1	0.37	0.23	-0.1	-0.1	-0.35		0.13	-0.18	0.4	-0.06	-0.17	-0.4	-0.18	-0.18	-0.38	0.25	-0.21	-0.12	0.06	-0.23	0.95	-0.3
Other Current Assets	0.69	0.77	0.66	0.22	-0.23	0.47	-0.22	-0.21	0.23	0.13		0.75	0.78	-0.11	0.89	0.24	-0.23	0.65	0.41	0.15	0.04	-0.03	-0.84	0.56	-0.1	0.43
Other Stockholder Equity	0.74	0.64	0.73	0.37	-0.66	0.5	-0.38	-0.38	0.63	-0.18	0.75		0.63	-0.32	0.76	0.66	-0.45	0.86	0.63	0.1	0.06	-0.22	-0.69	0.85	-0.32	0.77
Total Liab	0.79	1.0	0.74	0.22	-0.38	0.87	-0.22	-0.23	0.42	0.4	0.78	0.63		-0.11	0.62	0.41	-0.35	0.76	0.4	0.61	0.05	-0.15	-0.85	0.69	0.31	0.52
Total Current Assets	0.07	-0.12	0.1	-0.99	0.15	-0.2	0.99	0.99	-0.02	-0.06	-0.11	-0.32	-0.11		0.02	-0.07	0.77	-0.33	0.04	-0.06	0.61	0.27	0.08	-0.38	-0.07	-0.05
Other Current Liab	0.7	0.61	0.69	0.06	-0.33	0.29	-0.06	-0.06	0.33	-0.17	0.89	0.76	0.62	0.02		0.35	-0.12	0.64	0.49	-0.03	0.23	-0.06	-0.76	0.58	-0.4	0.58
Common Stock	0.73	0.4	0.74	0.1	-0.99	0.54	-0.11	-0.1	0.99	-0.4	0.24	0.66	0.41	-0.07	0.35		-0.13	0.82	0.88	0.25	0.3	-0.03	-0.52	0.86	-0.36	0.93
Property Plant And Equipment Net	-0.14	-0.36	-0.11	-0.77	0.16	-0.39	0.77	0.78	-0.08	-0.18	-0.23	-0.45	-0.35	0.77	-0.12	-0.13		-0.44	-0.04	-0.04	0.57	0.34	0.2	-0.47	-0.18	-0.15
Non Current Assets Total	0.89	0.76	0.88	0.39	-0.8	0.78	-0.4	-0.4	0.8	-0.18	0.65	0.86	0.76	-0.33	0.64	0.82	-0.44		0.72	0.43	0.1	-0.2	-0.83	0.99	-0.22	0.85
Other Assets	0.69	0.38	0.71	0.01	-0.88	0.41	-0.01	0.01	0.86	-0.38	0.41	0.63	0.4	0.04	0.49	0.88	-0.04	0.72		0.07	0.16	0.21	-0.59	0.74	-0.41	0.83
Net Receivables	0.49	0.61	0.46	0.14	-0.2	0.82	-0.14	-0.15	0.26	0.25	0.15	0.1	0.61	-0.06	-0.03	0.25	-0.04	0.43	0.07		0.02	-0.13	-0.51	0.38	0.38	0.15
Non Currrent Assets Other	0.32	0.05	0.35	-0.61	-0.26	-0.03	0.6	0.59	0.36	-0.21	0.04	0.06	0.05	0.61	0.23	0.3	0.57	0.1	0.16	0.02		-0.01	-0.1	0.08	-0.24	0.41
Short Term Investments	-0.09	-0.2	-0.08	-0.21	0.04	-0.18	0.23	0.29	-0.05	-0.12	-0.03	-0.22	-0.15	0.27	-0.06	-0.03	0.34	-0.2	0.21	-0.13	-0.01		-0.11	-0.23	-0.17	-0.17
Inventory	-0.89	-0.83	-0.87	-0.2	0.47	-0.76	0.2	0.19	-0.5	0.06	-0.84	-0.69	-0.85	0.08	-0.76	-0.52	0.2	-0.83	-0.59	-0.51	-0.1	-0.11		-0.75	0.17	-0.57
Intangible Assets	0.84	0.69	0.83	0.43	-0.85	0.74	-0.44	-0.44	0.83	-0.23	0.56	0.85	0.69	-0.38	0.58	0.86	-0.47	0.99	0.74	0.38	0.08	-0.23	-0.75		-0.25	0.88
Current Deferred Revenue	-0.22	0.31	-0.28	0.09	0.34	0.29	-0.09	-0.1	-0.31	0.95	-0.1	-0.32	0.31	-0.07	-0.4	-0.36	-0.18	-0.22	-0.41	0.38	-0.24	-0.17	0.17	-0.25		-0.34
Net Tangible Assets	0.78	0.52	0.79	0.08	-0.93	0.5	-0.09	-0.09	0.94	-0.3	0.43	0.77	0.52	-0.05	0.58	0.93	-0.15	0.85	0.83	0.15	0.41	-0.17	-0.57	0.88	-0.34

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Eco Atlantic Account Relationship Matchups

Eco Atlantic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.9M	16.9M	45.9M	55.6M	31.3M	16.7M
Total Current Liabilities	350.4K	621.2K	5.6M	5.0M	1.2M	1.4M
Total Stockholder Equity	19.5M	16.0M	40.2M	50.7M	30.0M	15.3M
Net Debt	(18.7M)	(11.5M)	(3.4M)	(4.1M)	(3.0M)	(3.1M)
Retained Earnings	(38.7M)	(44.8M)	(51.4M)	(88.0M)	(109.1M)	(103.6M)
Accounts Payable	350.4K	501.0K	1.9M	4.3M	1.0M	1.1M
Cash	18.7M	11.8M	3.4M	4.1M	3.0M	2.8M
Cash And Short Term Investments	18.7M	13.4M	3.5M	4.1M	3.0M	2.8M
Common Stock Shares Outstanding	182.8M	184.7M	202.7M	366.0M	369.3M	387.8M
Liabilities And Stockholders Equity	19.9M	16.9M	45.9M	55.6M	31.3M	16.7M
Other Current Assets	64.7K	243.4K	2.1M	646.3K	67.1K	63.7K
Other Stockholder Equity	2.4M	2.7M	29.5M	17.6M	17.7M	18.6M
Total Liab	350.4K	947.1K	5.6M	5.0M	1.2M	1.4M
Total Current Assets	18.8M	13.6M	5.8M	6.2M	3.1M	2.9M
Accumulated Other Comprehensive Income	251.4K	(930.4K)	(1.0M)	(538.1K)	(647.8K)	(615.4K)
Common Stock	55.6M	59.1M	63.1M	121.6M	122.1M	128.2M
Non Current Assets Total	1.1M	3.3M	40.0M	49.5M	28.2M	29.6M
Net Receivables	65.6K	262.8K	285.4K	2.0M	115.1K	109.3K
Short Term Investments	52.8K	1.6M	52.6K	13.1K	15.1K	14.3K
Intangible Assets	1.1M	2.5M	30.8M	40.9M	28.2M	29.6M
Current Deferred Revenue	521.5K	423.5K	122.1K	387.8K	110.9K	105.4K
Net Tangible Assets	25.1M	19.6M	16.0M	40.2M	46.3M	48.6M
Property Plant Equipment	1.1M	1.4M	30.8M	40.9M	47.0M	49.3M
Short Term Debt	0.28	1.0	23.0K	(387.8K)	(110.9K)	(105.4K)
Net Invested Capital	19.5M	16.0M	40.2M	50.7M	30.0M	29.5M
Net Working Capital	18.5M	13.0M	191.7K	1.2M	1.8M	1.8M
Capital Stock	55.6M	59.1M	63.1M	121.6M	122.1M	84.1M

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