Electrocore Property Plant And Equipment Net vs Short Long Term Debt Total 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 Property Plant And Equipment Net and its Short Long Term Debt Total 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.

Property Plant And Equipment Net vs Short Long Term Debt Total

Property Plant And Equipment Net vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electrocore LLC Property Plant And Equipment Net account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Electrocore LLC's Property Plant And Equipment Net and Short Long Term Debt Total is -0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Long Term Debt Total 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 Property Plant And Equipment Net and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Electrocore LLC are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Property Plant And Equipment Net i.e., Electrocore LLC's Property Plant And Equipment Net and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Short Long Term Debt Total

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 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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Additional Tools for Electrocore Stock Analysis

When running Electrocore LLC's price analysis, check to measure Electrocore LLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.