Eco Historical Balance Sheet

WAVE Stock  USD 9.82  1.79  15.42%   
Trend analysis of Eco Wave Power balance sheet accounts such as Total Assets of 9.5 M, Other Current Liab of 909.1 K, Total Current Liabilities of 2 M or Total Stockholder Equity of 7.6 M provides information on Eco Wave's total assets, liabilities, and equity, which is the actual value of Eco Wave Power to its prevalent stockholders. By breaking down trends over time using Eco Wave balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Eco Wave Power latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eco Wave Power is a good buy for the upcoming year.

Eco Wave Inventory

61,950

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About Eco Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Eco Wave Power at a specified time, usually calculated after every quarter, six months, or one year. Eco Wave Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eco Wave 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 Eco currently owns. An asset can also be divided into two categories, current and non-current.

Eco Wave Balance Sheet Chart

At present, Eco Wave's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 62 K, whereas Other Current Liabilities is forecasted to decline to about 909.1 K.

Total Assets

Total assets refers to the total amount of Eco Wave 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 Eco Wave Power 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.

Total Current Liabilities

Total Current Liabilities is an item on Eco Wave balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eco Wave Power are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Eco Wave obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eco Wave Power are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Eco Wave's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eco Wave Power current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Eco Wave's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 62 K, whereas Other Current Liabilities is forecasted to decline to about 909.1 K.
 2023 2024 (projected)
Accounts Payable50K47.5K
Other Liabilities4.3M4.1M

Eco Wave balance sheet Correlations

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0.670.260.030.060.010.110.140.99-0.090.060.381.0-0.06-0.01-0.10.650.090.1-0.22-0.050.190.2-0.21-0.22-0.11
0.760.970.030.970.990.980.99-0.08-0.51.00.81-0.05-0.950.72-0.090.180.80.09-0.17-0.020.140.16-0.16-0.17-0.1
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Eco Wave Account Relationship Matchups

Eco Wave balance sheet Accounts

201920202021202220232024 (projected)
Total Assets13.5M12.7M16.6M11.9M10.0M9.5M
Other Current Liab(85.5K)446K510K733K957K909.2K
Total Current Liabilities708.4K583.1K903K1.9M2.1M2.0M
Total Stockholder Equity10.9M10.8M14.7M9.9M8.0M7.6M
Accounts Payable517.3K43K46K75K50K47.5K
Cash11.7M10.7M14.6M5.3M4.3M4.1M
Long Term Debt15.4M9.8M1.0M96K78K74.1K
Short Term Investments257.1K110.0K0.05M4.1M3.9M
Other Current Assets59.9K285K459K5.2M139.0K132.1K
Total Liab2.6M1.9M1.9M2.0M2.2M2.1M
Property Plant Equipment1.5M1.7M1.3M888K799.2K759.2K
Common Stock2K75.3K85.8K98K88.2K76.0K
Net Tangible Assets11.3M10.8M14.7M9.9M11.4M8.2M
Property Plant And Equipment Net1.5M1.7M1.3M888K726K951.5K
Net Debt(11.4M)(9.3M)(13.3M)(4.1M)(3.1M)(3.2M)
Retained Earnings(4.4M)(6.5M)(8.4M)(11.3M)(13.0M)(12.3M)
Non Current Assets Total1.5M1.7M1.6M1.4M1.3M1.5M
Cash And Short Term Investments11.8M10.7M14.6M10.3M8.4M8.9M
Net Receivables154.9K97.4K60K9K234K173.1K
Common Stock Shares Outstanding4.0M4.4M5.0M5.5M5.0M4.7M
Liabilities And Stockholders Equity13.5M12.7M16.6M11.9M10.0M10.6M
Non Current Liabilities Total1.9M1.3M1.0M184K78K74.1K
Other Stockholder Equity2.4M15.2M18.5M23.1M26.6M16.8M
Net Invested Capital101.6M98.2M16.0M10.9M9.1M8.6M
Total Current Assets12.0M11.0M15.1M10.5M8.8M9.2M
Net Working Capital105.5M85.4M14.2M8.7M6.6M6.3M

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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.
When determining whether Eco Wave Power is a strong investment it is important to analyze Eco Wave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eco Wave's future performance. For an informed investment choice regarding Eco Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eco Wave. If investors know Eco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.41)
Revenue Per Share
0.055
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.15)
Return On Equity
(0.27)
The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eco Wave's market value can be influenced by many factors that don't directly affect Eco Wave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eco Wave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.