Eco Tek Cash And Equivalents vs. EBITDA

ETEK Stock  USD 0.0002  0.0001  33.33%   
Taking into consideration Eco Tek's profitability measurements, Eco Tek Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Eco Tek's ability to earn profits and add value for shareholders.
For Eco Tek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eco Tek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eco Tek Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eco Tek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eco Tek Group over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Eco Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Tek'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.

Eco Tek Group EBITDA vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Eco Tek's current stock value. Our valuation model uses many indicators to compare Eco Tek value to that of its competitors to determine the firm's financial worth.
Eco Tek Group is one of the top stocks in cash and equivalents category among its peers. It also is one of the top stocks in ebitda category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eco Tek's earnings, one of the primary drivers of an investment's value.

Eco EBITDA vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Eco Tek

Cash

 = 

Bank Deposits

+

Liquidities

 = 
12.27 K
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Eco Tek

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(695.67 K)
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Eco EBITDA Comparison

Eco Tek is currently under evaluation in ebitda category among its peers.

Eco Tek Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Eco Tek, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eco Tek will eventually generate negative long term returns. The profitability progress is the general direction of Eco Tek's change in net profit over the period of time. It can combine multiple indicators of Eco Tek, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Eco-Tek Group, Inc. manufactures and distributes synthetic lubricants, filtration systems, and other products in North America. Eco-Tek Group, Inc. was founded in 2005 and is based in Woodbridge, Canada. Eco Tek operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 2 people.

Eco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Eco Tek. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eco Tek position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eco Tek's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Eco Tek without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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In addition to having Eco Tek in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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IT Theme
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 constituents at this time.
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Other Information on Investing in Eco Pink Sheet

To fully project Eco Tek's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eco Tek Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Eco Tek's income statement, its balance sheet, and the statement of cash flows.
Potential Eco Tek investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Eco Tek investors may work on each financial statement separately, they are all related. The changes in Eco Tek's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eco Tek's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.