Eco Financial Statements From 2010 to 2024

ECDP Stock  USD 0.13  0.03  18.75%   
Eco Depot financial statements provide useful quarterly and yearly information to potential Eco Depot investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Eco Depot financial statements helps investors assess Eco Depot's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Eco Depot's valuation are summarized below:
Eco Depot does not presently have any fundamental signals for analysis.
Check Eco Depot financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eco main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Eco financial statements analysis is a perfect complement when working with Eco Depot Valuation or Volatility modules.
  
This module can also supplement various Eco Depot Technical models . Check out the analysis of Eco Depot Correlation against competitors.

Eco Current Asset Analysis

Eco Depot's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Current Eco Depot Current Asset

    
  16 K  
Most of Eco Depot's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eco Depot is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Eco Depot has a Current Asset of 16 K. This is 100.0% lower than that of the Real Estate sector and significantly higher than that of the Real Estate—Diversified industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Eco Depot Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eco Depot's current stock value. Our valuation model uses many indicators to compare Eco Depot value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eco Depot competition to find correlations between indicators driving Eco Depot's intrinsic value. More Info.
Eco Depot is one of the top stocks in working capital category among related companies. It is rated as one of the top companies in total debt category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eco Depot by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eco Depot's Pink Sheet . 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 Eco Depot's earnings, one of the primary drivers of an investment's value.

About Eco Depot Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Eco Depot income statement, its balance sheet, and the statement of cash flows. Eco Depot investors use historical funamental indicators, such as Eco Depot's revenue or net income, to determine how well the company is positioned to perform in the future. Although Eco Depot investors may use each financial statement separately, they are all related. The changes in Eco Depot's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eco Depot's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eco Depot Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eco Depot. Please read more on our technical analysis and fundamental analysis pages.
Eco Depot Inc., a development stage company, focuses on the distribution of environmental friendly and green energy products, building and construction materials, and home products worldwide. Eco Depot Inc. was founded in 2004 and is headquartered in Pensacola, Florida. Eco Depot operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 5 people.

Pair Trading with Eco Depot

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eco Depot position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eco Depot will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eco Pink Sheet

  0.64HLDVF Henderson LandPairCorr

Moving against Eco Pink Sheet

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  0.78PLTR Palantir TechnologiesInc Financial Report 13th of May 2024 PairCorr
The ability to find closely correlated positions to Eco Depot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eco Depot when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eco Depot - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eco Depot to buy it.
The correlation of Eco Depot is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eco Depot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eco Depot moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eco Depot can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Eco Depot Correlation against competitors.
Note that the Eco Depot information on this page should be used as a complementary analysis to other Eco Depot'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Eco Pink Sheet analysis

When running Eco Depot's price analysis, check to measure Eco Depot'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 Eco Depot is operating at the current time. Most of Eco Depot's value examination focuses on studying past and present price action to predict the probability of Eco Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Depot's price. Additionally, you may evaluate how the addition of Eco Depot to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Eco Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Depot'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.