Electrocore Other Assets vs Cash And Short Term Investments Analysis

ECOR Stock

USD 6.31 0.12 1.87%

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 Other Assets and its Cash And Short Term Investments 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.

Other Assets vs Cash And Short Term Investments

Other Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electrocore LLC Other Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Electrocore LLC's Other Assets and Cash And Short Term Investments is 0.13. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash And Short Term Investments 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 Other Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Electrocore LLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Assets i.e., Electrocore LLC's Other Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Assets

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Electrocore LLC balance sheet. This account contains Electrocore LLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Electrocore LLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Gross Profit Total Revenue

Electrocore LLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		-0.62	0.69	0.67	0.76	0.32	0.74	0.52	-0.66	0.14	0.09	0.61	0.45	0.42	0.2	-0.84	0.97	0.53	-0.64	-0.28	-0.84	-0.45	0.66	0.69	0.89	-0.67
Short Long Term Debt Total	-0.62		-0.9	-0.79	-0.68	-0.79	-0.71	-0.61	0.85	0.58	0.07	-0.84	-0.46	-0.34	-0.56	0.83	-0.54	-0.87	0.77	0.3	0.83	0.6	-0.82	-0.88	-0.75	0.1
Other Current Liab	0.69	-0.9		0.79	0.53	0.57	0.56	0.46	-0.72	-0.53	-0.17	0.67	0.28	0.19	0.5	-0.87	0.65	0.77	-0.58	-0.02	-0.87	-0.35	0.71	0.83	0.74	-0.23
Total Current Liabilities	0.67	-0.79	0.79		0.72	0.72	0.74	0.85	-0.58	-0.25	0.43	0.54	0.64	0.55	0.55	-0.85	0.5	0.88	-0.78	-0.4	-0.85	-0.62	0.8	0.79	0.77	-0.22
Total Stockholder Equity	0.76	-0.68	0.53	0.72		0.67	1.0	0.71	-0.61	0.09	0.33	0.59	0.68	0.63	0.51	-0.76	0.65	0.77	-0.96	-0.81	-0.76	-0.92	0.9	0.85	0.8	-0.49
Other Liab	0.32	-0.79	0.57	0.72	0.67		0.7	0.79	-0.62	-0.57	0.17	0.65	0.79	0.68	0.78	-0.68	0.15	0.87	-0.84	-0.55	-0.68	-0.76	0.84	0.69	0.39	0.26
Net Tangible Assets	0.74	-0.71	0.56	0.74	1.0	0.7		0.71	-0.61	0.04	0.31	0.59	0.67	0.6	0.55	-0.76	0.64	0.8	-0.97	-0.81	-0.76	-0.93	0.91	0.87	0.8	-0.47
Property Plant And Equipment Net	0.52	-0.61	0.46	0.85	0.71	0.79	0.71		-0.57	-0.11	0.63	0.58	0.89	0.84	0.43	-0.72	0.29	0.8	-0.78	-0.56	-0.72	-0.69	0.76	0.56	0.57	0.02
Net Debt	-0.66	0.85	-0.72	-0.58	-0.61	-0.62	-0.61	-0.57		0.38	0.1	-0.99	-0.49	-0.44	-0.21	0.78	-0.59	-0.7	0.62	0.2	0.78	0.45	-0.71	-0.68	-0.69	0.05
Retained Earnings	0.14	0.58	-0.53	-0.25	0.09	-0.57	0.04	-0.11	0.38		0.48	-0.4	-0.1	0.02	-0.55	0.28	0.15	-0.4	0.13	-0.27	0.28	0.0	-0.25	-0.27	0.07	-0.6
Accounts Payable	0.09	0.07	-0.17	0.43	0.33	0.17	0.31	0.63	0.1	0.48		-0.1	0.44	0.47	-0.07	-0.06	-0.11	0.26	-0.31	-0.54	-0.06	-0.4	0.18	0.06	0.24	-0.13
Cash	0.61	-0.84	0.67	0.54	0.59	0.65	0.59	0.58	-0.99	-0.4	-0.1		0.51	0.45	0.21	-0.74	0.53	0.68	-0.62	-0.22	-0.74	-0.46	0.69	0.63	0.64	0.01
Non Current Assets Total	0.45	-0.46	0.28	0.64	0.68	0.79	0.67	0.89	-0.49	-0.1	0.44	0.51		0.97	0.55	-0.66	0.24	0.64	-0.75	-0.58	-0.66	-0.68	0.73	0.43	0.33	0.13
Non Currrent Assets Other	0.42	-0.34	0.19	0.55	0.63	0.68	0.6	0.84	-0.44	0.02	0.47	0.45	0.97		0.45	-0.61	0.21	0.56	-0.67	-0.56	-0.61	-0.61	0.69	0.35	0.26	0.13
Other Assets	0.2	-0.56	0.5	0.55	0.51	0.78	0.55	0.43	-0.21	-0.55	-0.07	0.21	0.55	0.45		-0.55	0.13	0.63	-0.68	-0.42	-0.55	-0.61	0.69	0.62	0.18	0.12
Long Term Debt	-0.84	0.83	-0.87	-0.85	-0.76	-0.68	-0.76	-0.72	0.78	0.28	-0.06	-0.74	-0.66	-0.61	-0.55		-0.74	-0.82	0.78	0.29	1.0	0.55	-0.89	-0.82	-0.76	0.26
Cash And Short Term Investments	0.97	-0.54	0.65	0.5	0.65	0.15	0.64	0.29	-0.59	0.15	-0.11	0.53	0.24	0.21	0.13	-0.74		0.38	-0.51	-0.15	-0.74	-0.32	0.54	0.62	0.83	-0.75
Net Receivables	0.53	-0.87	0.77	0.88	0.77	0.87	0.8	0.8	-0.7	-0.4	0.26	0.68	0.64	0.56	0.63	-0.82	0.38		-0.87	-0.54	-0.82	-0.76	0.92	0.88	0.68	-0.06
Common Stock Total Equity	-0.64	0.77	-0.58	-0.78	-0.96	-0.84	-0.97	-0.78	0.62	0.13	-0.31	-0.62	-0.75	-0.67	-0.68	0.78	-0.51	-0.87		0.8	0.78	0.95	-0.95	-0.88	-0.71	0.28
Common Stock Shares Outstanding	-0.28	0.3	-0.02	-0.4	-0.81	-0.55	-0.81	-0.56	0.2	-0.27	-0.54	-0.22	-0.58	-0.56	-0.42	0.29	-0.15	-0.54	0.8		0.29	0.94	-0.64	-0.55	-0.41	0.29
Long Term Debt Total	-0.84	0.83	-0.87	-0.85	-0.76	-0.68	-0.76	-0.72	0.78	0.28	-0.06	-0.74	-0.66	-0.61	-0.55	1.0	-0.74	-0.82	0.78	0.29		0.55	-0.89	-0.82	-0.76	0.26
Non Current Liabilities Total	-0.45	0.6	-0.35	-0.62	-0.92	-0.76	-0.93	-0.69	0.45	0.0	-0.4	-0.46	-0.68	-0.61	-0.61	0.55	-0.32	-0.76	0.95	0.94	0.55		-0.84	-0.77	-0.58	0.26
Capital Surpluse	0.66	-0.82	0.71	0.8	0.9	0.84	0.91	0.76	-0.71	-0.25	0.18	0.69	0.73	0.69	0.69	-0.89	0.54	0.92	-0.95	-0.64	-0.89	-0.84		0.91	0.69	-0.2
Inventory	0.69	-0.88	0.83	0.79	0.85	0.69	0.87	0.56	-0.68	-0.27	0.06	0.63	0.43	0.35	0.62	-0.82	0.62	0.88	-0.88	-0.55	-0.82	-0.77	0.91		0.82	-0.41
Other Current Assets	0.89	-0.75	0.74	0.77	0.8	0.39	0.8	0.57	-0.69	0.07	0.24	0.64	0.33	0.26	0.18	-0.76	0.83	0.68	-0.71	-0.41	-0.76	-0.58	0.69	0.82		-0.67
Other Stockholder Equity	-0.67	0.1	-0.23	-0.22	-0.49	0.26	-0.47	0.02	0.05	-0.6	-0.13	0.01	0.13	0.13	0.12	0.26	-0.75	-0.06	0.28	0.29	0.26	0.26	-0.2	-0.41	-0.67

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Electrocore LLC Account Relationship Matchups

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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Electrocore Other Assets vs Cash And Short Term Investments Analysis

Other Assets vs Cash And Short Term Investments

Other Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Other Assets

Cash And Short Term Investments

Electrocore LLC fundamental ratios Correlations

Electrocore LLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Electrocore LLC fundamental ratios Accounts

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Additional Tools for Electrocore Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Long Term Debt Total	+ 1.0	Long Term Debt
Cash And Short Term Investments	+ 0.97	Total Assets
Non Currrent Assets Other	+ 0.97	Non Current Assets Total
Non Current Liabilities Total	+ 0.95	Common Stock Total Equity
Non Current Liabilities Total	+ 0.94	Common Stock Shares Outstanding

Cash	- 0.99	Net Debt
Common Stock Total Equity	- 0.97	Net Tangible Assets
Common Stock Total Equity	- 0.96	Total Stockholder Equity
Capital Surpluse	- 0.95	Common Stock Total Equity
Non Current Liabilities Total	- 0.93	Net Tangible Assets
Non Current Liabilities Total	- 0.92	Total Stockholder Equity