ECD Capital Stock vs Accounts Payable Analysis
| ECDA Stock | 1.00 0.03 3.09% |
ECD Automotive financial indicator trend analysis is much more than just examining ECD Automotive Design latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECD Automotive Design is a good investment. Please check the relationship between ECD Automotive Capital Stock and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECD Automotive Design. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Capital Stock vs Accounts Payable
Capital Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECD Automotive Design Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ECD Automotive's Capital Stock and Accounts Payable is -0.61. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ECD Automotive Design, assuming nothing else is changed. The correlation between historical values of ECD Automotive's Capital Stock 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 Capital Stock of ECD Automotive Design 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 Capital Stock i.e., ECD Automotive's Capital Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.61 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Accounts Payable
An accounting item on the balance sheet that represents ECD Automotive 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 ECD Automotive Design 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 ECD Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECD Automotive Design 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 ECD Automotive Design. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. The current year's Issuance Of Capital Stock is expected to grow to 2,987, whereas Selling General Administrative is forecasted to decline to about 3.8 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6M | 3.8M | 4.3M | 3.5M | Total Revenue | 11.5M | 15.0M | 17.2M | 14.6M |
ECD Automotive fundamental ratios Correlations
Click cells to compare fundamentals
ECD Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in ECD Stock
When determining whether ECD Automotive Design is a strong investment it is important to analyze ECD Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ECD Automotive's future performance. For an informed investment choice regarding ECD Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECD Automotive Design. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Automobile Manufacturers space 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 ECD Automotive. If investors know ECD 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 ECD Automotive 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 ECD Automotive Design is measured differently than its book value, which is the value of ECD that is recorded on the company's balance sheet. Investors also form their own opinion of ECD Automotive's value that differs from its market value or its book value, called intrinsic value, which is ECD Automotive'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 ECD Automotive's market value can be influenced by many factors that don't directly affect ECD Automotive'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 ECD Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECD Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECD Automotive'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.