Echo Global Logistics Financials

Based on the analysis of Echo Global's profitability, liquidity, and operating efficiency, Echo Global Logistics is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze Echo financials for your investing period. You should be able to track the changes in Echo Global individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Echo Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Echo Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Echo Global's assets may result in an increase in income on the income statement.
The data published in Echo Global's official financial statements usually reflect Echo Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Echo Global Logistics. For example, before you start analyzing numbers published by Echo accountants, it's critical to develop an understanding of what Echo Global's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Echo Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Echo Global's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Echo Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Echo Global Logistics. Please utilize our Beneish M Score to check the likelihood of Echo Global's management manipulating its earnings.

Echo Global Stock Summary

Echo Global competes with Palomar Holdings, MGIC Investment, Maiden Holdings, Keurig Dr, and Boston Beer. Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. Echo Global Logistics, Inc. was founded in 2005 and is headquartered in Chicago, Illinois. Echo Global operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 2736 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS27875T1016
Business Address600 West Chicago
SectorIndustrials
IndustryIntegrated Freight & Logistics
BenchmarkNYSE Composite
Websitewww.echo.com
Phone800 354 7993
CurrencyUSD - US Dollar
You should never invest in Echo Global without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Echo Stock, because this is throwing your money away. Analyzing the key information contained in Echo Global's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Echo Global Key Financial Ratios

Generally speaking, Echo Global's financial ratios allow both analysts and investors to convert raw data from Echo Global's financial statements into concise, actionable information that can be used to evaluate the performance of Echo Global over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Echo Global Logistics reports annually and quarterly.

Echo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Echo Global's current stock value. Our valuation model uses many indicators to compare Echo Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Echo Global competition to find correlations between indicators driving Echo Global's intrinsic value. More Info.
Echo Global Logistics is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Echo Global Logistics is roughly  2.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Echo Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Echo Global's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Echo Global's earnings, one of the primary drivers of an investment's value.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Echo Global Logistics information on this page should be used as a complementary analysis to other Echo Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Consideration for investing in Echo Stock

If you are still planning to invest in Echo Global Logistics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Echo Global's history and understand the potential risks before investing.
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