Elec Total Current Liabilities vs Total Revenue Analysis

002005 Stock

1.65 0.01 0.60%

Elec Tech financial indicator trend analysis is much more than just examining Elec Tech International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elec Tech International is a good investment. Please check the relationship between Elec Tech Total Current Liabilities and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Elec Tech International Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Total Revenue

Total Current Liabilities vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elec Tech International Total Current Liabilities account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Elec Tech's Total Current Liabilities and Total Revenue is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Elec Tech International Co, assuming nothing else is changed. The correlation between historical values of Elec Tech's Total Current Liabilities and Total Revenue 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 Current Liabilities of Elec Tech International Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., Elec Tech's Total Current Liabilities and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Total Current Liabilities

Total Current Liabilities is an item on Elec Tech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Elec Tech International Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Revenue

Total revenue comprises all receipts Elec Tech International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Elec Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elec Tech International 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Elec Tech International Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of January 23, 2025, Selling General Administrative is expected to decline to about 44.7 M. The current year's Tax Provision is expected to grow to about (15.6 M)

	2022	2024	2025 (projected)
Other Operating Expenses	18.7M	16.8M	16.0M
Research Development	30.1M	16.9M	16.1M

Other Operating Expenses Research Development

Elec Tech fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.42	0.95	0.98	0.44	0.7	0.89	0.88	0.95	0.92	0.31	0.99	0.65	-0.04	0.91	0.84	0.77	-0.2	0.68	0.69	0.6	0.57	0.75	0.65	0.56	0.7
Other Current Liab	0.42		0.43	0.46	0.05	0.04	0.51	0.52	0.39	0.25	0.3	0.36	0.57	0.14	0.19	-0.04	-0.05	0.23	0.21	0.11	-0.01	-0.1	0.18	-0.03	-0.02	0.0
Total Current Liabilities	0.95	0.43		0.92	0.23	0.6	0.89	0.92	0.93	0.8	0.24	0.95	0.76	0.08	0.82	0.76	0.64	-0.01	0.63	0.6	0.48	0.44	0.64	0.55	0.42	0.61
Total Stockholder Equity	0.98	0.46	0.92		0.5	0.64	0.89	0.86	0.91	0.89	0.39	0.95	0.68	-0.03	0.86	0.78	0.69	-0.19	0.74	0.65	0.59	0.53	0.76	0.6	0.5	0.67
Other Liab	0.44	0.05	0.23	0.5		0.34	0.48	0.15	0.27	0.58	0.44	0.4	-0.02	-0.12	0.52	0.48	0.45	-0.37	0.49	0.32	0.56	0.4	0.45	0.32	0.42	0.34
Retained Earnings	0.7	0.04	0.6	0.64	0.34		0.5	0.57	0.76	0.78	0.24	0.74	0.07	-0.68	0.81	0.72	0.81	-0.76	0.61	0.98	0.84	0.96	0.92	0.99	0.95	0.97
Accounts Payable	0.89	0.51	0.89	0.89	0.48	0.5		0.75	0.81	0.83	0.4	0.87	0.62	0.13	0.81	0.69	0.6	-0.04	0.62	0.47	0.4	0.36	0.56	0.43	0.36	0.48
Cash	0.88	0.52	0.92	0.86	0.15	0.57	0.75		0.86	0.66	0.39	0.87	0.74	0.06	0.73	0.65	0.49	0.0	0.51	0.61	0.41	0.37	0.6	0.49	0.38	0.55
Net Receivables	0.95	0.39	0.93	0.91	0.27	0.76	0.81	0.86		0.88	0.22	0.96	0.61	-0.14	0.88	0.83	0.78	-0.25	0.6	0.74	0.63	0.64	0.75	0.72	0.65	0.74
Inventory	0.92	0.25	0.8	0.89	0.58	0.78	0.83	0.66	0.88		0.25	0.93	0.37	-0.23	0.95	0.85	0.9	-0.45	0.65	0.75	0.69	0.74	0.79	0.75	0.71	0.77
Other Current Assets	0.31	0.3	0.24	0.39	0.44	0.24	0.4	0.39	0.22	0.25		0.25	0.06	-0.07	0.32	0.26	0.03	-0.28	0.34	0.29	0.14	0.16	0.33	0.18	0.13	0.23
Total Liab	0.99	0.36	0.95	0.95	0.4	0.74	0.87	0.87	0.96	0.93	0.25		0.59	-0.08	0.95	0.87	0.83	-0.23	0.62	0.73	0.61	0.62	0.75	0.69	0.61	0.73
Intangible Assets	0.65	0.57	0.76	0.68	-0.02	0.07	0.62	0.74	0.61	0.37	0.06	0.59		0.41	0.31	0.3	0.11	0.48	0.45	0.1	0.11	-0.09	0.25	0.03	-0.08	0.13
Common Stock	-0.04	0.14	0.08	-0.03	-0.12	-0.68	0.13	0.06	-0.14	-0.23	-0.07	-0.08	0.41		-0.19	-0.06	-0.3	0.88	-0.38	-0.69	-0.63	-0.78	-0.66	-0.74	-0.75	-0.7
Property Plant Equipment	0.91	0.19	0.82	0.86	0.52	0.81	0.81	0.73	0.88	0.95	0.32	0.95	0.31	-0.19		0.92	0.91	-0.42	0.54	0.78	0.65	0.72	0.75	0.77	0.71	0.77
Other Assets	0.84	-0.04	0.76	0.78	0.48	0.72	0.69	0.65	0.83	0.85	0.26	0.87	0.3	-0.06	0.92		0.9	-0.35	0.46	0.67	0.61	0.65	0.63	0.69	0.64	0.69
Long Term Debt	0.77	-0.05	0.64	0.69	0.45	0.81	0.6	0.49	0.78	0.9	0.03	0.83	0.11	-0.3	0.91	0.9		-0.53	0.43	0.75	0.67	0.8	0.7	0.8	0.78	0.77
Short Term Investments	-0.2	0.23	-0.01	-0.19	-0.37	-0.76	-0.04	0.0	-0.25	-0.45	-0.28	-0.23	0.48	0.88	-0.42	-0.35	-0.53		-0.4	-0.75	-0.68	-0.87	-0.7	-0.8	-0.81	-0.76
Good Will	0.68	0.21	0.63	0.74	0.49	0.61	0.62	0.51	0.6	0.65	0.34	0.62	0.45	-0.38	0.54	0.46	0.43	-0.4		0.62	0.73	0.59	0.84	0.63	0.51	0.72
Net Tangible Assets	0.69	0.11	0.6	0.65	0.32	0.98	0.47	0.61	0.74	0.75	0.29	0.73	0.1	-0.69	0.78	0.67	0.75	-0.75	0.62		0.82	0.94	0.93	0.97	0.92	0.96
Other Stockholder Equity	0.6	-0.01	0.48	0.59	0.56	0.84	0.4	0.41	0.63	0.69	0.14	0.61	0.11	-0.63	0.65	0.61	0.67	-0.68	0.73	0.82		0.88	0.87	0.86	0.88	0.86
Deferred Long Term Liab	0.57	-0.1	0.44	0.53	0.4	0.96	0.36	0.37	0.64	0.74	0.16	0.62	-0.09	-0.78	0.72	0.65	0.8	-0.87	0.59	0.94	0.88		0.9	0.98	0.97	0.96
Non Current Assets Total	0.75	0.18	0.64	0.76	0.45	0.92	0.56	0.6	0.75	0.79	0.33	0.75	0.25	-0.66	0.75	0.63	0.7	-0.7	0.84	0.93	0.87	0.9		0.93	0.85	0.96
Non Currrent Assets Other	0.65	-0.03	0.55	0.6	0.32	0.99	0.43	0.49	0.72	0.75	0.18	0.69	0.03	-0.74	0.77	0.69	0.8	-0.8	0.63	0.97	0.86	0.98	0.93		0.95	0.99
Non Current Liabilities Total	0.56	-0.02	0.42	0.5	0.42	0.95	0.36	0.38	0.65	0.71	0.13	0.61	-0.08	-0.75	0.71	0.64	0.78	-0.81	0.51	0.92	0.88	0.97	0.85	0.95		0.9
Short Long Term Debt	0.7	0.0	0.61	0.67	0.34	0.97	0.48	0.55	0.74	0.77	0.23	0.73	0.13	-0.7	0.77	0.69	0.77	-0.76	0.72	0.96	0.86	0.96	0.96	0.99	0.9

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Elec Tech Account Relationship Matchups

Elec Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.1B	3.4B	2.7B	1.8B	2.1B	2.0B
Other Current Liab	773.4M	642.1M	655.9M	29.3M	33.7M	32.1M
Total Current Liabilities	2.0B	1.7B	1.3B	1.2B	1.4B	2.7B
Total Stockholder Equity	1.8B	1.4B	1.1B	381.2M	438.4M	416.5M
Other Liab	708.4M	163.2M	132.4M	74.4M	85.6M	81.3M
Retained Earnings	(4.6B)	(5.1B)	(5.5B)	(5.8B)	(5.2B)	(4.9B)
Accounts Payable	1.1B	946.9M	479.0M	455.8M	524.2M	986.8M
Cash	340.9M	385.9M	390.6M	268.4M	308.6M	293.2M
Net Receivables	497.9M	404.3M	170.6M	167.7M	192.9M	183.3M
Inventory	388.7M	263.3M	120.3M	85.6M	98.4M	93.5M
Other Current Assets	176.5M	163.6M	29.9M	25.6M	29.4M	27.9M
Total Liab	2.1B	1.9B	1.4B	1.3B	1.5B	1.4B
Intangible Assets	431.0M	347.1M	308.7M	294.7M	338.9M	342.7M
Property Plant Equipment	1.6B	1.4B	1.2B	907.7M	1.0B	991.6M
Other Assets	161.1M	91.8M	81.8M	133.5M	153.5M	266.3M
Net Tangible Assets	2.0B	1.3B	1.1B	787.5M	708.7M	673.3M
Other Stockholder Equity	(24.2M)	(144.7M)	(176.4M)	(114.9M)	(103.4M)	(108.6M)
Deferred Long Term Liab	56.2M	10.6M	8.1M	10.2M	9.2M	8.7M
Non Current Assets Total	2.5B	2.2B	1.9B	1.2B	1.1B	1.0B
Non Currrent Assets Other	11.4M	5.2M	12.9M	3.2M	2.9M	2.7M
Non Current Liabilities Total	163.2M	144.0M	103.7M	89.2M	80.3M	76.2M
Total Current Assets	1.6B	1.3B	771.4M	619.8M	557.8M	530.0M
Non Current Liabilities Other	473.0M	506.2M	15.4M	44.2M	39.8M	37.8M
Net Invested Capital	1.8B	1.4B	1.2B	440.8M	396.7M	376.9M
Net Working Capital	(369.1M)	(434.8M)	(538.8M)	(576.0M)	(518.4M)	(544.3M)
Property Plant And Equipment Net	1.4B	1.2B	912.1M	762.9M	686.6M	929.4M
Property Plant And Equipment Gross	5.8B	5.3B	912.1M	4.1B	3.7B	3.6B

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Other Information on Investing in Elec Stock

Balance Sheet is a snapshot of the financial position of Elec Tech International at a specified time, usually calculated after every quarter, six months, or one year. Elec Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Elec Tech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Elec currently owns. An asset can also be divided into two categories, current and non-current.

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Elec Total Current Liabilities vs Total Revenue Analysis

Total Current Liabilities vs Total Revenue

Total Current Liabilities vs Total Revenue Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Total Revenue

Elec Tech fundamental ratios Correlations

Elec Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elec Tech fundamental ratios Accounts

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Other Information on Investing in Elec Stock

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Total Liab	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Retained Earnings
Short Long Term Debt	+ 0.99	Non Currrent Assets Other
Total Stockholder Equity	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Retained Earnings
Non Currrent Assets Other	+ 0.98	Deferred Long Term Liab

Deferred Long Term Liab	- 0.87	Short Term Investments
Non Current Liabilities Total	- 0.81	Short Term Investments
Non Currrent Assets Other	- 0.8	Short Term Investments
Deferred Long Term Liab	- 0.78	Common Stock
Short Long Term Debt	- 0.76	Short Term Investments
Short Term Investments	- 0.76	Retained Earnings