Echo Global Revenue vs. Total Debt

Taking into consideration Echo Global's profitability measurements, Echo Global Logistics may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Echo Global's ability to earn profits and add value for shareholders.
For Echo Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Echo Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Echo Global Logistics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Echo Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Echo Global Logistics over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Please note, there is a significant difference between Echo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Echo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Echo Global'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.

Echo Global Logistics Total Debt vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Echo Global's current stock value. Our valuation model uses many indicators to compare Echo Global value to that of its competitors to determine the firm's financial worth.
Echo Global Logistics is rated as one of the top companies in revenue category among related companies. It is rated as one of the top companies in total debt category among related companies making up about  0.05  of Total Debt per Revenue. The ratio of Revenue to Total Debt for Echo Global Logistics is roughly  21.20 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Echo Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Echo Global's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Echo Global's earnings, one of the primary drivers of an investment's value.

Echo Revenue vs. Competition

Echo Global Logistics is rated as one of the top companies in revenue category among related companies. Market size based on revenue of Integrated Freight & Logistics industry is currently estimated at about 254.21 Billion. Echo Global claims roughly 3.18 Billion in revenue contributing just under 2% to equities under Integrated Freight & Logistics industry.

Echo Total Debt vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Echo Global

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
3.18 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Echo Global

Total Debt

 = 

Bonds

+

Notes

 = 
150.01 M
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.

Echo Total Debt vs Competition

Echo Global Logistics is rated as one of the top companies in total debt category among related companies. Total debt of Integrated Freight & Logistics industry is currently estimated at about 130.19 Billion. Echo Global adds roughly 150.01 Million in total debt claiming only tiny portion of equities under Integrated Freight & Logistics industry.
Total debt  Valuation  Workforce  Revenue  Capitalization

Echo Global Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Echo Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Echo Global will eventually generate negative long term returns. The profitability progress is the general direction of Echo Global's change in net profit over the period of time. It can combine multiple indicators of Echo Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Echo Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Echo Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Echo Global's important profitability drivers and their relationship over time.

Use Echo Global in pair-trading

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 Echo Global 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 Echo Global will appreciate offsetting losses from the drop in the long position's value.

Echo Global Pair Trading

Echo Global Logistics Pair Trading Analysis

The ability to find closely correlated positions to DTE Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DTE Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DTE Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DTE Energy to buy it.
The correlation of DTE Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DTE Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DTE Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DTE Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Echo Global position

In addition to having Echo Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Iron Thematic Idea Now

Iron
Iron Theme
Companies involved in production of steel and iron. The Iron theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
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 the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Other Consideration for investing in Echo Stock

If you are still planning to invest in Echo Global Logistics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Echo Global's history and understand the potential risks before investing.
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