Electrocore Net Debt vs Property Plant And Equipment Net Analysis
ECOR Stock | USD 6.45 0.14 2.22% |
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 Net Debt and its Property Plant And Equipment Net 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.
Net Debt vs Property Plant And Equipment Net
Net Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electrocore LLC Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Electrocore LLC's Net Debt and Property Plant And Equipment Net is -0.57. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net 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 Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Electrocore LLC are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Electrocore LLC's Net Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 06/04/2024, 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 Profit | 4.1M | 7.0M | 13.2M | 13.9M | Total Revenue | 5.5M | 8.6M | 16.0M | 16.8M |
Electrocore LLC fundamental ratios Correlations
Click cells to compare fundamentals
Electrocore LLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Electrocore LLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 36.1M | 31.5M | 42.8M | 24.8M | 16.4M | 26.5M | |
Other Current Liab | 3.3M | 2.8M | 3.9M | 4.7M | 5.6M | 4.4M | |
Total Current Liabilities | 9.1M | 5.9M | 5.5M | 7.0M | 8.1M | 7.3M | |
Total Stockholder Equity | 24.9M | 23.6M | 36.6M | 17.1M | 7.4M | 7.8M | |
Net Tangible Assets | 23.2M | 23.0M | 36.1M | 16.3M | 18.8M | 19.7M | |
Property Plant And Equipment Net | 1.8M | 761.3K | 759.8K | 615K | 706K | 717.2K | |
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 Payable | 5.2M | 2.1M | 1.5M | 2.1M | 2.2M | 1.9M | |
Cash | 13.6M | 4.2M | 34.7M | 17.7M | 10.6M | 14.0M | |
Non Current Assets Total | 8.9M | 8.9M | 5.3M | 3.6M | 2.1M | 4.1M | |
Non Currrent Assets Other | 7.2M | 7.3M | 4.1M | 3.0M | 1.1M | 1.0M | |
Other Assets | 635.9K | 4.9M | (10.0) | 3.5M | 4.0M | 4.2M | |
Cash And Short Term Investments | 13.6M | 22.6M | 34.7M | 17.7M | 10.6M | 20.5M | |
Net Receivables | 496.1K | 270.5K | 438.2K | 401K | 717K | 373.8K | |
Common Stock Total Equity | 40.2M | 29.5K | 29.8K | 45.6K | 41.0K | 39.0K | |
Common Stock Shares Outstanding | 2.0M | 2.6M | 3.9M | 4.7M | 5.5M | 5.7M | |
Liabilities And Stockholders Equity | 36.1M | 31.5M | 42.8M | 24.8M | 16.4M | 26.5M | |
Non Current Liabilities Total | 1.4M | 2.0M | 699.5K | 625K | 822K | 780.9K | |
Capital Surpluse | 22.6M | 103.8M | 107.8M | 130.2M | 149.7M | 81.9M | |
Inventory | 891.0K | 841.6K | 1.4M | 2.0M | 2.2M | 1.3M | |
Other Current Assets | 1.1M | 34.8K | 1.1M | 828K | 836K | 872.4K | |
Other Stockholder Equity | 108.4M | 130.8M | 160.8M | 163.5M | 172.7M | 181.3M | |
Total Liab | 10.6M | 7.9M | 6.2M | 7.7M | 8.9M | 8.5M | |
Property Plant And Equipment Gross | 1.8M | 244.0K | 759.8K | 615K | 706K | 646.1K | |
Total Current Assets | 26.5M | 22.6M | 37.5M | 21.2M | 14.3M | 23.4M | |
Accumulated Other Comprehensive Income | (41.3K) | (251.5K) | 12.7K | (69K) | (64K) | (60.8K) | |
Common Stock | 29.8K | 45.6K | 70.7K | 5K | 6K | 5.7K | |
Property Plant Equipment | 1.8M | 244.0K | 759.8K | 615K | 707.3K | 627.4K | |
Net Invested Capital | 24.4M | 24.6M | 36.6M | 17.1M | 7.4M | 13.5M | |
Net Working Capital | 17.4M | 19.2M | 32.1M | 14.1M | 6.2M | 5.9M | |
Capital Stock | 29.8K | 45.6K | 70.7K | 5K | 6K | 5.7K |
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