Echo Global Interest Coverage Trend from 2010 to 2021

ECHO -  USA Stock  

USD 48.24  0.00  0.00%

Echo Global Interest Coverage yearly trend continues to be quite stable with very little volatility. Interest Coverage may rise above 5.06 this year. From the period between 2010 and 2021, Echo Global, Interest Coverage regression line of its data series had standard deviation of 4,882 and standard deviation of  4,882. Echo Global Net Income Common Stock is quite stable at the moment as compared to the past year. The company's current value of Net Income Common Stock is estimated at 15.98 Million. Operating Income is expected to rise to about 30.1 M this year, although the value of Cost of Revenue will most likely fall to about 1.8 B.

Echo Global Historical Trends 

Check Echo Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Echo Global main balance sheet or income statement drivers, such as Direct Expenses of 2.3 B, Consolidated Income of 16 M or Cost of Revenue of 1.8 B, as well as many exotic indicators such as Interest Coverage of 5.06, Long Term Debt to Equity of 0.29 or Calculated Tax Rate of 35.23. Echo Global financial statements analysis is a perfect complement when working with Echo Global Valuation or Volatility modules. It can also supplement various Echo Global Technical models. Continue to the analysis of Echo Global Correlation against competitors.

Echo Global Interest Coverage Breakdown

Showing smoothed Interest Coverage of Echo Global Logistics with missing and latest data points interpolated. Echo Global's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Echo Global's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
 Interest Coverage 

Echo Global Interest Coverage Regression Statistics

Arithmetic Mean 2,233
Geometric Mean 46.16
Coefficient Of Variation 218.61
Mean Deviation 2,931
Median 5.06
Standard Deviation 4,882
Sample Variance 23,833,940
Range 17,098
Mean Square Error 21,111,711
R-Squared 0.19
Significance 0.15

Echo Global Interest Coverage History

201317.1 K
2014  261.17 
2015  2.04 
2016  1.10 
2017  1.30 
2018  3.45 
2019  2.73 
2020  4.92 
2021  5.06 

About Echo Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Echo Global income statement, its balance sheet, and the statement of cash flows. Echo Global investors use historical funamental indicators, such as Echo Global's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Echo Global investors may use each financial statement separately, they are all related. The changes in Echo Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Echo Global'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 Echo Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Echo Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Interest Coverage 4.92  5.06 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA68 M63.6 M
Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. Echo Global Logistics, Inc. was founded in 2005 and is headquartered in Chicago, Illinois. Echo Global operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 2736 people.

Echo Global Investors Sentiment

The influence of Echo Global's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Echo Global. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Echo Global Implied Volatility

Echo Global's implied volatility exposes the market's sentiment of Echo Global Logistics stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Echo Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Echo Global stock will not fluctuate a lot when Echo Global's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Echo Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Echo Global's short interest history, or implied volatility extrapolated from Echo Global options trading.

Current Sentiment - ECHO

Echo Global Logistics Investor Sentiment

Most of Macroaxis users are currently bullish on Echo Global Logistics. What is your opinion about investing in Echo Global Logistics? Are you bullish or bearish?
98% Bullish
2% Bearish
Continue to the analysis of Echo Global Correlation against competitors. Note that the Echo Global Logistics information on this page should be used as a complementary analysis to other Echo Global'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Other Tools for Echo Global Stock

When running Echo Global Logistics price analysis, check to measure Echo Global'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 Echo Global is operating at the current time. Most of Echo Global's value examination focuses on studying past and present price action to predict the probability of Echo Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Echo Global's price. Additionally, you may evaluate how the addition of Echo Global to your portfolios can decrease your overall portfolio volatility.
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