Eco Depot Current Ratio

ECDP -  USA Stock  

USD 0.44  0.01  2.22%

Eco Depot fundamentals help investors to digest information that contributes to Eco Depot's financial success or failures. It also enables traders to predict the movement of Eco Depot OTC Stock. This fundamental analysis module provides a way for investors to measures Eco Depot's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eco Depot otc stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eco Depot Current Ratio 

 
Refresh

Eco Depot Current Ratio Analysis

Eco Depot's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ratio 
 = 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis

Current Eco Depot Current Ratio

    
  0.10 X  
Most of Eco Depot's fundamental indicators, such as Current Ratio, 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.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Compare to competition

In accordance with the recently published financial statements, Eco Depot has a Current Ratio of 0.1 times. This is 96.87% lower than that of the Real Estate sector and significantly higher than that of the Real Estate—Diversified industry. The current ratio for all United States stocks is 95.37% higher than that of the company.

Eco Depot Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eco Depot's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Eco Depot could also be used in its relative valuation, which is a method of valuing Eco Depot by comparing valuation metrics of similar companies.
Eco Depot is currently under evaluation in current ratio category among related companies.

Eco Depot Fundamentals

About Eco Depot Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eco Depot's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Depot using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Depot based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

Eco Depot Investors Sentiment

The influence of Eco Depot'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 Eco Depot. 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.
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 Eco Depot 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, Eco Depot's short interest history, or implied volatility extrapolated from Eco Depot options trading.

Current Sentiment - ECDP

Eco Depot Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Eco Depot. What is your opinion about investing in Eco Depot? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

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.

Eco Depot Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eco Depot and MITSUBISHI ESTATE. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Eco Depot Piotroski F Score and Eco Depot Altman Z Score analysis. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Eco Depot OTC Stock analysis

When running Eco Depot 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 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.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Is Eco Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eco Depot. If investors know Eco Depot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eco Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eco Depot is measured differently than its book value, which is the value of Eco Depot that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Depot's value that differs from its market value or its book value, called intrinsic value, which is Eco Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eco Depot's market value can be influenced by many factors that don't directly affect Eco Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 Eco Depot value 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.