Electrocore Long Term Debt Total vs Deferred Long Term Liab Analysis

ECOR Stock  USD 6.82  0.17  2.43%   
Electrocore LLC financial indicator trend analysis is much more than just examining Electrocore LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electrocore LLC is a good investment. Please check the relationship between Electrocore LLC Long Term Debt Total and its Deferred Long Term Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrocore LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.

Long Term Debt Total vs Deferred Long Term Liab

Long Term Debt Total vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electrocore LLC Long Term Debt Total account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Electrocore LLC's Long Term Debt Total and Deferred Long Term Liab is 0.22. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Electrocore LLC, assuming nothing else is changed. The correlation between historical values of Electrocore LLC's Long Term Debt Total and Deferred Long Term 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 Long Term Debt Total of Electrocore LLC are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt Total i.e., Electrocore LLC's Long Term Debt Total and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt Total

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Electrocore LLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electrocore LLC 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 Electrocore LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.As of 05/22/2024, Selling General Administrative is likely to drop to about 24.1 M. In addition to that, Tax Provision is likely to drop to about (206.8 K)
 2021 2022 2023 2024 (projected)
Gross Profit4.1M7.0M13.2M13.9M
Total Revenue5.5M8.6M16.0M16.8M

Electrocore LLC fundamental ratios Correlations

-0.620.690.670.760.320.740.52-0.660.140.090.610.450.420.2-0.840.970.53-0.64-0.28-0.84-0.450.660.690.89-0.67
-0.62-0.9-0.79-0.68-0.79-0.71-0.610.850.580.07-0.84-0.46-0.34-0.560.83-0.54-0.870.770.30.830.6-0.82-0.88-0.750.1
0.69-0.90.790.530.570.560.46-0.72-0.53-0.170.670.280.190.5-0.870.650.77-0.58-0.02-0.87-0.350.710.830.74-0.23
0.67-0.790.790.720.720.740.85-0.58-0.250.430.540.640.550.55-0.850.50.88-0.78-0.4-0.85-0.620.80.790.77-0.22
0.76-0.680.530.720.671.00.71-0.610.090.330.590.680.630.51-0.760.650.77-0.96-0.81-0.76-0.920.90.850.8-0.49
0.32-0.790.570.720.670.70.79-0.62-0.570.170.650.790.680.78-0.680.150.87-0.84-0.55-0.68-0.760.840.690.390.26
0.74-0.710.560.741.00.70.71-0.610.040.310.590.670.60.55-0.760.640.8-0.97-0.81-0.76-0.930.910.870.8-0.47
0.52-0.610.460.850.710.790.71-0.57-0.110.630.580.890.840.43-0.720.290.8-0.78-0.56-0.72-0.690.760.560.570.02
-0.660.85-0.72-0.58-0.61-0.62-0.61-0.570.380.1-0.99-0.49-0.44-0.210.78-0.59-0.70.620.20.780.45-0.71-0.68-0.690.05
0.140.58-0.53-0.250.09-0.570.04-0.110.380.48-0.4-0.10.02-0.550.280.15-0.40.13-0.270.280.0-0.25-0.270.07-0.6
0.090.07-0.170.430.330.170.310.630.10.48-0.10.440.47-0.07-0.06-0.110.26-0.31-0.54-0.06-0.40.180.060.24-0.13
0.61-0.840.670.540.590.650.590.58-0.99-0.4-0.10.510.450.21-0.740.530.68-0.62-0.22-0.74-0.460.690.630.640.01
0.45-0.460.280.640.680.790.670.89-0.49-0.10.440.510.970.55-0.660.240.64-0.75-0.58-0.66-0.680.730.430.330.13
0.42-0.340.190.550.630.680.60.84-0.440.020.470.450.970.45-0.610.210.56-0.67-0.56-0.61-0.610.690.350.260.13
0.2-0.560.50.550.510.780.550.43-0.21-0.55-0.070.210.550.45-0.550.130.63-0.68-0.42-0.55-0.610.690.620.180.12
-0.840.83-0.87-0.85-0.76-0.68-0.76-0.720.780.28-0.06-0.74-0.66-0.61-0.55-0.74-0.820.780.291.00.55-0.89-0.82-0.760.26
0.97-0.540.650.50.650.150.640.29-0.590.15-0.110.530.240.210.13-0.740.38-0.51-0.15-0.74-0.320.540.620.83-0.75
0.53-0.870.770.880.770.870.80.8-0.7-0.40.260.680.640.560.63-0.820.38-0.87-0.54-0.82-0.760.920.880.68-0.06
-0.640.77-0.58-0.78-0.96-0.84-0.97-0.780.620.13-0.31-0.62-0.75-0.67-0.680.78-0.51-0.870.80.780.95-0.95-0.88-0.710.28
-0.280.3-0.02-0.4-0.81-0.55-0.81-0.560.2-0.27-0.54-0.22-0.58-0.56-0.420.29-0.15-0.540.80.290.94-0.64-0.55-0.410.29
-0.840.83-0.87-0.85-0.76-0.68-0.76-0.720.780.28-0.06-0.74-0.66-0.61-0.551.0-0.74-0.820.780.290.55-0.89-0.82-0.760.26
-0.450.6-0.35-0.62-0.92-0.76-0.93-0.690.450.0-0.4-0.46-0.68-0.61-0.610.55-0.32-0.760.950.940.55-0.84-0.77-0.580.26
0.66-0.820.710.80.90.840.910.76-0.71-0.250.180.690.730.690.69-0.890.540.92-0.95-0.64-0.89-0.840.910.69-0.2
0.69-0.880.830.790.850.690.870.56-0.68-0.270.060.630.430.350.62-0.820.620.88-0.88-0.55-0.82-0.770.910.82-0.41
0.89-0.750.740.770.80.390.80.57-0.690.070.240.640.330.260.18-0.760.830.68-0.71-0.41-0.76-0.580.690.82-0.67
-0.670.1-0.23-0.22-0.490.26-0.470.020.05-0.6-0.130.010.130.130.120.26-0.75-0.060.280.290.260.26-0.2-0.41-0.67
Click cells to compare fundamentals

Electrocore LLC Account Relationship Matchups

Electrocore LLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.1M31.5M42.8M24.8M16.4M26.5M
Other Current Liab3.3M2.8M3.9M4.7M5.6M4.4M
Total Current Liabilities9.1M5.9M5.5M7.0M8.1M7.3M
Total Stockholder Equity24.9M23.6M36.6M17.1M7.4M7.8M
Net Tangible Assets23.2M23.0M36.1M16.3M18.8M19.7M
Property Plant And Equipment Net1.8M761.3K759.8K615K706K717.2K
Net Debt(11.5M)(1.2M)(33.9M)(17.0M)(10.0M)(10.5M)
Retained Earnings(83.5M)(107.0M)(124.2M)(146.4M)(165.2M)(173.5M)
Accounts Payable5.2M2.1M1.5M2.1M2.2M1.9M
Cash13.6M4.2M34.7M17.7M10.6M14.0M
Non Current Assets Total8.9M8.9M5.3M3.6M2.1M4.1M
Non Currrent Assets Other7.2M7.3M4.1M3.0M1.1M1.0M
Other Assets635.9K4.9M(10.0)3.5M4.0M4.2M
Cash And Short Term Investments13.6M22.6M34.7M17.7M10.6M20.5M
Net Receivables496.1K270.5K438.2K401K717K373.8K
Common Stock Total Equity40.2M29.5K29.8K45.6K41.0K39.0K
Common Stock Shares Outstanding2.0M2.6M3.9M4.7M5.5M5.7M
Liabilities And Stockholders Equity36.1M31.5M42.8M24.8M16.4M26.5M
Non Current Liabilities Total1.4M2.0M699.5K625K822K780.9K
Capital Surpluse22.6M103.8M107.8M130.2M149.7M81.9M
Inventory891.0K841.6K1.4M2.0M2.2M1.3M
Other Current Assets1.1M34.8K1.1M828K836K872.4K
Other Stockholder Equity108.4M130.8M160.8M163.5M172.7M181.3M
Total Liab10.6M7.9M6.2M7.7M8.9M8.5M
Property Plant And Equipment Gross1.8M244.0K759.8K615K706K646.1K
Total Current Assets26.5M22.6M37.5M21.2M14.3M23.4M
Accumulated Other Comprehensive Income(41.3K)(251.5K)12.7K(69K)(64K)(60.8K)
Common Stock29.8K45.6K70.7K5K6K5.7K
Property Plant Equipment1.8M244.0K759.8K615K707.3K627.4K
Net Invested Capital24.4M24.6M36.6M17.1M7.4M13.5M
Net Working Capital17.4M19.2M32.1M14.1M6.2M5.9M
Capital Stock29.8K45.6K70.7K5K6K5.7K

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When determining whether Electrocore LLC is a strong investment it is important to analyze Electrocore LLC'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 Electrocore LLC's future performance. For an informed investment choice regarding Electrocore Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrocore LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Electrocore LLC's industry 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 Electrocore LLC. If investors know Electrocore 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 Electrocore LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.42)
Revenue Per Share
2.907
Quarterly Revenue Growth
1.028
Return On Assets
(0.58)
Return On Equity
(1.54)
The market value of Electrocore LLC is measured differently than its book value, which is the value of Electrocore that is recorded on the company's balance sheet. Investors also form their own opinion of Electrocore LLC's value that differs from its market value or its book value, called intrinsic value, which is Electrocore LLC'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 Electrocore LLC's market value can be influenced by many factors that don't directly affect Electrocore LLC'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 Electrocore LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrocore LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrocore LLC'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.