Eco Historical Balance Sheet
ECO Stock | 10.25 0.55 5.67% |
Trend analysis of Eco Oil Gas balance sheet accounts such as Total Stockholder Equity of 1 M or Accounts Payable of 45.5 K provides information on Eco Oil's total assets, liabilities, and equity, which is the actual value of Eco Oil Gas to its prevalent stockholders. By breaking down trends over time using Eco Oil balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Eco Oil Gas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eco Oil Gas is a good buy for the upcoming year.
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About Eco Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Eco Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Eco Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eco Oil 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 Eco currently owns. An asset can also be divided into two categories, current and non-current.
Eco Oil Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Eco Oil 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 Eco Oil Gas 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. 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.Total Current Liabilities
Total Current Liabilities is an item on Eco Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eco Oil Gas 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 Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents Eco Oil 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 Eco Oil Gas 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 accounts from Eco Oil's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eco Oil Gas current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Eco Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Eco Oil's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Current Deferred Revenue is expected to grow to about 715.9 K, whereas Total Current Liabilities is forecasted to decline to about 38.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 5.6M | 5.0M | 1.2M | 38.8K | Total Assets | 45.9M | 55.6M | 31.3M | 1.1M |
Eco Oil balance sheet Correlations
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Eco Oil balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.9M | 16.9M | 45.9M | 55.6M | 31.3M | 1.1M | |
Total Current Liabilities | 350.4K | 621.2K | 5.6M | 5.0M | 1.2M | 38.8K | |
Total Stockholder Equity | 19.5M | 16.0M | 40.2M | 50.7M | 30.0M | 1.0M | |
Net Debt | (18.7M) | (11.5M) | (3.4M) | (4.1M) | (3.0M) | (1.0M) | |
Retained Earnings | (38.7M) | (44.8M) | (51.4M) | (88.0M) | (109.1M) | (965.6K) | |
Accounts Payable | 350.4K | 501.0K | 1.8M | 4.3M | 1.0M | 45.5K | |
Cash | 18.7M | 11.8M | 3.4M | 4.1M | 3.0M | 1.0M | |
Cash And Short Term Investments | 18.7M | 13.4M | 3.5M | 4.1M | 3.0M | 1.0M | |
Common Stock Shares Outstanding | 182.8M | 184.7M | 202.7M | 349.6M | 369.3M | 5.0M | |
Liabilities And Stockholders Equity | 19.9M | 16.9M | 45.9M | 55.6M | 31.3M | 1.1M | |
Non Current Liabilities Total | 740.7K | 350.4K | 325.9K | 1.9M | 0.0 | 45.5K | |
Other Current Assets | 45.6K | 193.7K | 2.1M | 15.0K | 17.3K | 16.4K | |
Other Stockholder Equity | 2.4M | 2.7M | 29.5M | 17.6M | 17.7M | 2.0M | |
Total Liab | 350.4K | 947.1K | 5.6M | 5.0M | 1.2M | 38.8K | |
Total Current Assets | 18.8M | 13.6M | 5.8M | 6.2M | 3.1M | 1.1M | |
Accumulated Other Comprehensive Income | 251.4K | (930.4K) | (1.0M) | (538.1K) | (647.8K) | (455.93) | |
Common Stock Total Equity | 37.5M | 55.6M | 59.1M | 1.3M | 1.5M | 1.4M | |
Common Stock | 55.6M | 59.1M | 63.1M | 121.6M | 122.1M | 1.3M | |
Non Current Assets Total | 1.1M | 3.3M | 40.0M | 49.5M | 28.2M | 5.6K | |
Net Receivables | 65.6K | 262.8K | 285.4K | 2.0M | 115.1K | 28.2K | |
Short Term Investments | 52.8K | 1.6M | 52.6K | 13.1K | 15.1K | 14.3K | |
Short Term Debt | 0.28 | 1.0 | 52.8K | 23.0K | 20.7K | 19.7K | |
Intangible Assets | 1.1M | 2.5M | 30.8M | 40.9M | 28.2M | 29.6M | |
Net Tangible Assets | 25.1M | 27.7M | 14.6M | 40.2M | 46.3M | 48.6M | |
Net Invested Capital | 19.5M | 16.0M | 40.2M | 50.7M | 30.0M | 29.5M | |
Net Working Capital | 18.5M | 13.0M | 191.7K | 1.2M | 1.8M | 1.8M | |
Capital Stock | 55.6M | 59.1M | 63.1M | 121.6M | 122.1M | 84.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Eco Stock
Balance Sheet is a snapshot of the financial position of Eco Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Eco Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eco Oil 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 Eco currently owns. An asset can also be divided into two categories, current and non-current.