Ecn Capital Corp Stock Today

ECN Stock  CAD 2.07  0.05  2.48%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 56

 
High
 
Low
Above Average
ECN Capital is selling at 2.07 as of the 27th of July 2024; that is 2.48% increase since the beginning of the trading day. The stock's open price was 2.02. ECN Capital has over 56 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for ECN Capital Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2024 and ending today, the 27th of July 2024. Click here to learn more.
Business Domain
Banks
Category
Financial Services
Classification
Financials
ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios primarily in the United States. ECN Capital Corp. was founded in 2016 and is headquartered in Toronto, Canada. ECN CAPITAL operates under Credit Services classification in Canada and is traded on Toronto Stock Exchange. The company has 281.12 M outstanding shares of which 5.85 M shares are currently shorted by private and institutional investors with about 34.94 days to cover all short positions. More on ECN Capital Corp

ECN Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ECN Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ECN Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOMatt Nelson
Business ConcentrationThrifts & Mortgage Finance, Mortgage Finance, Financial Services, Financials, Thrifts & Mortgage Finance, Credit Services, Financial Services (View all Sectors)
ECN Capital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ECN Capital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
ECN Capital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ECN Capital's financial leverage. It provides some insight into what part of ECN Capital's total assets is financed by creditors.
Liquidity
ECN Capital cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. ECN Capital Corp has accumulated 1.08 B in total debt with debt to equity ratio (D/E) of 0.85, which is about average as compared to similar companies. ECN Capital Corp has a current ratio of 4.31, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist ECN Capital until it has trouble settling it off, either with new capital or with free cash flow. So, ECN Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ECN Capital Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ECN to invest in growth at high rates of return. When we think about ECN Capital's use of debt, we should always consider it together with cash and equity.

Total Cashflows From Investing Activities

99.42 Million
ECN Capital Corp (ECN) is traded on Toronto Exchange in Canada and employs 620 people. ECN Capital is listed under Thrifts & Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 581.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ECN Capital's market, we take the total number of its shares issued and multiply it by ECN Capital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ECN Capital Corp operates under Thrifts & Mortgage Finance sector and is part of Financials industry. The entity has 281.12 M outstanding shares of which 5.85 M shares are currently shorted by private and institutional investors with about 34.94 days to cover all short positions. ECN Capital Corp has accumulated about 62.53 M in cash with (26.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26.
Check ECN Capital Probability Of Bankruptcy
Ownership Allocation
ECN Capital Corp retains a total of 281.12 Million outstanding shares. 30% of ECN Capital Corp outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thereupon, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check ECN Ownership Details

ECN Capital Corp Risk Profiles

Although ECN Capital's alpha and beta are two of the key measurements used to evaluate ECN Capital's performance over the market, the standard measures of volatility play an important role as well.

ECN Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in ECN Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Manager Now

   

Portfolio Manager

State of the art Portfolio Manager to monitor and improve performance of your invested capital
All  Next Launch Module

ECN Capital Corporate Directors

Paul StoyanIndependent DirectorProfile
David MorrisIndependent DirectorProfile
Karen MartinIndependent DirectorProfile
Carol GoldmanIndependent DirectorProfile

Other Information on Investing in ECN Stock

ECN Capital financial ratios help investors to determine whether ECN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ECN with respect to the benefits of owning ECN Capital security.