Electrocore Total Assets from 2010 to 2024

ECOR Stock

USD 12.25 0.79 6.89%

Electrocore LLC Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 26.5 M this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2016-12-31

Previous Quarter

22.4 M

Current Value

21 M

Quarterly Volatility

21.6 M

Covid

Check Electrocore LLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electrocore LLC's main balance sheet or income statement drivers, such as Net Interest Income of 462 K, Interest Income of 398.5 K or Depreciation And Amortization of 639.2 K, as well as many indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 15.85 or PTB Ratio of 4.63. Electrocore financial statements analysis is a perfect complement when working with Electrocore LLC Valuation or Volatility modules.

Check out the analysis of Electrocore LLC Correlation against competitors.

To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.

Latest Electrocore LLC's Total Assets Growth Pattern

Below is the plot of the Total Assets of Electrocore LLC over the last few years. Total assets refers to the total amount of Electrocore LLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Electrocore LLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Electrocore LLC's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electrocore LLC's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 16.1 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Electrocore Total Assets Regression Statistics

	Arithmetic Mean	19,657,611
	Geometric Mean	5,190,107
	Coefficient Of Variation	112.54
	Mean Deviation	18,240,637
	Median	16,102,000
	Standard Deviation	22,123,289
	Sample Variance	489.4T
	Range	72.9M
	R-Value	0.58
	Mean Square Error	351.3T
	R-Squared	0.33
	Significance	0.02
	Slope	2,856,523
	Total Sum of Squares	6852.2T

Electrocore Total Assets History

	2024	26.5 M
	2023	16.1 M
	2022	24.8 M
	2021	42.8 M
	2020	31.5 M
	2019	36.1 M
	2018	73.5 M

Other Fundumenentals of Electrocore LLC

Intangibles To Total Assets

Electrocore LLC Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Long Term Debt Total	Capital Surpluse	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Deferred Long Term Liab	Capital Stock	Intangible Assets	Current Deferred Revenue
Total Assets		0.76	0.74	-0.66	0.14	0.04	-0.84	0.53	-0.84	0.66	-0.43	-0.85	0.99	-0.8	-0.64	0.49	0.81	0.25	-0.06	0.19	-0.26	0.01
Total Stockholder Equity	0.76		1.0	-0.61	0.09	0.26	-0.76	0.77	-0.76	0.9	-0.91	-0.75	0.7	-0.77	-0.96	0.65	0.99	-0.09	-0.23	0.07	-0.59	0.24
Net Tangible Assets	0.74	1.0		-0.61	0.04	0.24	-0.76	0.8	-0.76	0.91	-0.92	-0.76	0.69	-0.78	-0.97	0.65	0.99	-0.13	-0.31	0.02	-0.63	0.32
Net Debt	-0.66	-0.61	-0.61		0.37	0.22	0.78	-0.69	0.78	-0.71	0.43	0.77	-0.63	0.83	0.62	-0.61	-0.67	0.2	0.16	-0.25	0.59	-0.16
Retained Earnings	0.14	0.09	0.04	0.37		0.48	0.28	-0.4	0.28	-0.25	-0.01	0.31	0.15	0.41	0.13	-0.1	-0.02	0.79	0.64	0.4	0.69	-0.64
Accounts Payable	0.04	0.26	0.24	0.22	0.48		-0.02	0.19	-0.02	0.11	-0.33	-0.03	-0.03	0.04	-0.25	0.6	0.2	-0.06	0.12	-0.19	0.3	-0.09
Long Term Debt	-0.84	-0.76	-0.76	0.78	0.28	-0.02		-0.82	1.0	-0.89	0.53	0.99	-0.79	0.97	0.78	-0.66	-0.84	0.26	0.22	0.0	0.61	-0.3
Net Receivables	0.53	0.77	0.8	-0.69	-0.4	0.19	-0.82		-0.82	0.92	-0.74	-0.8	0.46	-0.85	-0.87	0.79	0.82	-0.54	-0.46	-0.19	-0.76	0.63
Long Term Debt Total	-0.84	-0.76	-0.76	0.78	0.28	-0.02	1.0	-0.82		-0.89	0.53	0.99	-0.79	0.97	0.78	-0.66	-0.84	0.26	0.22	0.0	0.61	-0.3
Capital Surpluse	0.66	0.9	0.91	-0.71	-0.25	0.11	-0.89	0.92	-0.89		-0.83	-0.85	0.59	-0.89	-0.95	0.68	0.93	-0.38	-0.29	-0.02	-0.78	0.41
Total Liab	-0.43	-0.91	-0.92	0.43	-0.01	-0.33	0.53	-0.74	0.53	-0.83		0.52	-0.36	0.58	0.94	-0.6	-0.87	0.3	0.35	0.05	0.67	-0.36
Short Long Term Debt	-0.85	-0.75	-0.76	0.77	0.31	-0.03	0.99	-0.8	0.99	-0.85	0.52		-0.81	0.99	0.78	-0.68	-0.84	0.27	0.32	0.06	0.6	-0.34
Total Current Assets	0.99	0.7	0.69	-0.63	0.15	-0.03	-0.79	0.46	-0.79	0.59	-0.36	-0.81		-0.76	-0.57	0.4	0.75	0.33	-0.05	0.16	-0.21	0.01
Short Term Debt	-0.8	-0.77	-0.78	0.83	0.41	0.04	0.97	-0.85	0.97	-0.89	0.58	0.99	-0.76		0.81	-0.67	-0.86	0.35	0.39	0.08	0.71	-0.41
Common Stock	-0.64	-0.96	-0.97	0.62	0.13	-0.25	0.78	-0.87	0.78	-0.95	0.94	0.78	-0.57	0.81		-0.71	-0.97	0.35	0.39	0.06	0.74	-0.41
Property Plant Equipment	0.49	0.65	0.65	-0.61	-0.1	0.6	-0.66	0.79	-0.66	0.68	-0.6	-0.68	0.4	-0.67	-0.71		0.68	-0.42	-0.23	-0.05	-0.35	0.25
Net Invested Capital	0.81	0.99	0.99	-0.67	-0.02	0.2	-0.84	0.82	-0.84	0.93	-0.87	-0.84	0.75	-0.86	-0.97	0.68		-0.16	-0.29	0.04	-0.64	0.29
Net Working Capital	0.25	-0.09	-0.13	0.2	0.79	-0.06	0.26	-0.54	0.26	-0.38	0.3	0.27	0.33	0.35	0.35	-0.42	-0.16		0.58	0.42	0.68	-0.61
Deferred Long Term Liab	-0.06	-0.23	-0.31	0.16	0.64	0.12	0.22	-0.46	0.22	-0.29	0.35	0.32	-0.05	0.39	0.39	-0.23	-0.29	0.58		0.54	0.62	-0.87
Capital Stock	0.19	0.07	0.02	-0.25	0.4	-0.19	0.0	-0.19	0.0	-0.02	0.05	0.06	0.16	0.08	0.06	-0.05	0.04	0.42	0.54		0.18	-0.56
Intangible Assets	-0.26	-0.59	-0.63	0.59	0.69	0.3	0.61	-0.76	0.61	-0.78	0.67	0.6	-0.21	0.71	0.74	-0.35	-0.64	0.68	0.62	0.18		-0.66
Current Deferred Revenue	0.01	0.24	0.32	-0.16	-0.64	-0.09	-0.3	0.63	-0.3	0.41	-0.36	-0.34	0.01	-0.41	-0.41	0.25	0.29	-0.61	-0.87	-0.56	-0.66

Click cells to compare fundamentals

About Electrocore LLC Financial Statements

Electrocore LLC shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Electrocore LLC investors may analyze each financial statement separately, they are all interrelated. The changes in Electrocore LLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Electrocore LLC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	16.1 M	26.5 M
Intangibles To Total Assets	0.03	0.02

Pair Trading with Electrocore LLC

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 Electrocore LLC 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 Electrocore LLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Electrocore Stock

0.64	LH	Laboratory	Pair Corr
0.76	VREX	Varex Imaging Corp	Pair Corr

Moving against Electrocore Stock

0.91	ELV	Elevance Health Fiscal Year End 22nd of January 2025	Pair Corr
0.87	CNC	Centene Corp Sell-off Trend	Pair Corr
0.83	CI	Cigna Corp	Pair Corr
0.83	TFX	Teleflex Incorporated	Pair Corr
0.8	GCTK	GlucoTrack	Pair Corr

The ability to find closely correlated positions to Electrocore LLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electrocore LLC 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 Electrocore LLC - 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 Electrocore LLC to buy it.

The correlation of Electrocore LLC 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 Electrocore LLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electrocore LLC 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 Electrocore LLC 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 Correlation Correlation Matching

Additional Tools for Electrocore Stock Analysis

When running Electrocore LLC's price analysis, check to measure Electrocore LLC's 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 Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.

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