Ecoloclean Total Liab vs Accounts Payable Analysis
| ECCI Stock | USD 0.00001 0.00 0.00% |
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 Total Liab and its Accounts Payable 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.
Total Liab vs Accounts Payable
Total Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecoloclean Industrs Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Ecoloclean Industrs' Total Liab and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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' Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Ecoloclean Industrs are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Ecoloclean Industrs' Total Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Accounts Payable
An accounting item on the balance sheet that represents Ecoloclean Industrs obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ecoloclean Industrs are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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
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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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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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.