Ecoloclean Cash vs Inventory Analysis
Ecoloclean Industrs financial indicator trend analysis is much more than just examining Ecoloclean Industrs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ecoloclean Industrs is a good investment. Please check the relationship between Ecoloclean Industrs Cash and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecoloclean Industrs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.
Cash vs Inventory
Cash vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecoloclean Industrs Cash account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ecoloclean Industrs' Cash and Inventory is -0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Ecoloclean Industrs, assuming nothing else is changed. The correlation between historical values of Ecoloclean Industrs' Cash and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ecoloclean Industrs are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., Ecoloclean Industrs' Cash and Inventory go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Ecoloclean Industrs, which is listed under current asset account on Ecoloclean Industrs balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ecoloclean Industrs customers. The amounts must be unrestricted with restricted cash listed in a different Ecoloclean Industrs account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Inventory
Most indicators from Ecoloclean Industrs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecoloclean Industrs 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 Ecoloclean Industrs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.The current Discontinued Operations is estimated to decrease to about (127.4 K). The current Selling General Administrative is estimated to decrease to about 1.6 M
| 2010 | 2011 | 2023 | 2024 (projected) | Total Operating Expenses | 360.8K | 2.1M | 2.4M | 1.9M | Cost Of Revenue | 73.4K | 471.8K | 542.5K | 327.2K |
Ecoloclean Industrs fundamental ratios Correlations
Click cells to compare fundamentals
Ecoloclean Industrs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
| VWITX | Vanguard Intermediate Term Tax Exempt | |
| VGSTX | Vanguard Star Fund | |
| VFIAX | Vanguard 500 Index | |
| VTCLX | Vanguard Tax Managed Capital | |
| VTSAX | Vanguard Total Stock |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecoloclean Industrs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.Note that the Ecoloclean Industrs information on this page should be used as a complementary analysis to other Ecoloclean Industrs' 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Ecoloclean Industrs' price analysis, check to measure Ecoloclean Industrs' 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 Ecoloclean Industrs is operating at the current time. Most of Ecoloclean Industrs' value examination focuses on studying past and present price action to predict the probability of Ecoloclean Industrs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecoloclean Industrs' price. Additionally, you may evaluate how the addition of Ecoloclean Industrs to your portfolios can decrease your overall portfolio volatility.
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Is Ecoloclean Industrs' 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 Ecoloclean Industrs. If investors know Ecoloclean 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 Ecoloclean Industrs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.01 | Quarterly Revenue Growth 7.213 | Return On Assets (0.91) |
The market value of Ecoloclean Industrs is measured differently than its book value, which is the value of Ecoloclean that is recorded on the company's balance sheet. Investors also form their own opinion of Ecoloclean Industrs' value that differs from its market value or its book value, called intrinsic value, which is Ecoloclean Industrs' 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 Ecoloclean Industrs' market value can be influenced by many factors that don't directly affect Ecoloclean Industrs' 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 Ecoloclean Industrs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecoloclean Industrs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecoloclean Industrs' 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.