Eco Common Stock Total Equity vs Net Debt Analysis

ECO Stock

9.75 0.15 1.52%

Eco Oil financial indicator trend analysis is much more than just examining Eco Oil Gas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eco Oil Gas is a good investment. Please check the relationship between Eco Oil Common Stock Total Equity and its Net Debt accounts. 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.

Common Stock Total Equity vs Net Debt

Common Stock Total Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eco Oil Gas Common Stock Total Equity account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Eco Oil's Common Stock Total Equity and Net Debt is -0.85. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Eco Oil Gas, assuming nothing else is changed. The correlation between historical values of Eco Oil's Common Stock Total Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Eco Oil Gas are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Total Equity i.e., Eco Oil's Common Stock Total Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

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Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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.

Most indicators from Eco Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

Eco Oil fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Common Stock Total Equity	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Other Assets	Net Receivables	Property Plant And Equipment Gross	Short Term Investments	Short Term Debt	Intangible Assets	Current Deferred Revenue
Total Assets		0.8	1.0	-0.07	-0.82	0.78	0.07	0.07	0.86	-0.09	0.48	0.86	0.81	0.17	0.68	-0.15	0.87	-0.06	0.94	0.05	0.53	-0.06	-0.04	-0.16	0.5	-0.19
Total Current Liabilities	0.8		0.76	0.15	-0.49	0.86	-0.15	-0.16	0.52	0.43	0.61	0.79	1.0	-0.04	0.6	-0.35	0.52	-0.28	0.81	-0.2	0.63	-0.28	-0.15	-0.29	0.44	0.3
Total Stockholder Equity	1.0	0.76		-0.1	-0.84	0.75	0.1	0.1	0.88	-0.16	0.45	0.85	0.76	0.19	0.67	-0.13	0.89	-0.03	0.93	0.07	0.5	-0.03	-0.03	-0.14	0.49	-0.24
Net Debt	-0.07	0.15	-0.1		0.01	0.19	-1.0	-1.0	-0.17	0.03	0.15	0.27	0.14	-0.99	0.03	-0.85	-0.09	-0.76	0.28	-0.58	0.1	-0.76	-0.23	0.07	0.56	0.09
Retained Earnings	-0.82	-0.49	-0.84	0.01		-0.59	-0.01	-0.01	-0.98	0.22	-0.16	-0.72	-0.5	-0.07	-0.38	0.09	-0.99	-0.02	-0.8	-0.16	-0.38	-0.02	-0.07	0.22	-0.46	0.17
Accounts Payable	0.78	0.86	0.75	0.19	-0.59		-0.19	-0.2	0.62	0.27	0.19	0.6	0.86	-0.1	0.25	-0.34	0.64	-0.3	0.81	-0.16	0.85	-0.3	-0.13	-0.25	0.46	0.29
Cash	0.07	-0.15	0.1	-1.0	-0.01	-0.19		1.0	0.17	-0.03	-0.15	-0.27	-0.14	0.99	-0.03	0.86	0.1	0.76	-0.28	0.59	-0.1	0.76	0.25	-0.07	-0.56	-0.09
Cash And Short Term Investments	0.07	-0.16	0.1	-1.0	-0.01	-0.2	1.0		0.17	-0.04	-0.14	-0.28	-0.14	0.99	-0.03	0.88	0.1	0.77	-0.28	0.62	-0.11	0.77	0.31	-0.06	-0.56	-0.09
Common Stock Shares Outstanding	0.86	0.52	0.88	-0.17	-0.98	0.62	0.17	0.17		-0.18	0.15	0.68	0.53	0.23	0.37	0.02	0.99	0.13	0.78	0.19	0.43	0.13	0.07	-0.24	0.35	-0.16
Non Current Liabilities Total	-0.09	0.43	-0.16	0.03	0.22	0.27	-0.03	-0.04	-0.18		0.18	0.0	0.43	0.0	-0.16	-0.04	-0.25	-0.14	-0.1	-0.19	0.26	-0.14	-0.12	-0.27	-0.31	0.9
Other Current Assets	0.48	0.61	0.45	0.15	-0.16	0.19	-0.15	-0.14	0.15	0.18		0.74	0.61	-0.06	0.88	-0.21	0.15	-0.17	0.5	-0.05	-0.09	-0.17	0.0	-0.06	0.28	-0.14
Other Stockholder Equity	0.86	0.79	0.85	0.27	-0.72	0.6	-0.27	-0.28	0.68	0.0	0.74		0.79	-0.19	0.82	-0.45	0.71	-0.3	0.92	-0.17	0.28	-0.3	-0.16	-0.15	0.63	-0.16
Total Liab	0.81	1.0	0.76	0.14	-0.5	0.86	-0.14	-0.14	0.53	0.43	0.61	0.79		-0.03	0.6	-0.33	0.53	-0.27	0.81	-0.16	0.63	-0.27	-0.11	-0.29	0.44	0.29
Total Current Assets	0.17	-0.04	0.19	-0.99	-0.07	-0.1	0.99	0.99	0.23	0.0	-0.06	-0.19	-0.03		0.04	0.85	0.16	0.76	-0.19	0.6	-0.02	0.76	0.29	-0.1	-0.52	-0.08
Other Current Liab	0.68	0.6	0.67	0.03	-0.38	0.25	-0.03	-0.03	0.37	-0.16	0.88	0.82	0.6	0.04		-0.22	0.39	-0.09	0.66	0.0	-0.02	-0.09	-0.03	-0.06	0.51	-0.4
Common Stock Total Equity	-0.15	-0.35	-0.13	-0.85	0.09	-0.34	0.86	0.88	0.02	-0.04	-0.21	-0.45	-0.33	0.85	-0.22		-0.04	0.82	-0.46	0.8	-0.18	0.82	0.59	-0.04	-0.69	-0.07
Common Stock	0.87	0.52	0.89	-0.09	-0.99	0.64	0.1	0.1	0.99	-0.25	0.15	0.71	0.53	0.16	0.39	-0.04		0.05	0.81	0.2	0.43	0.05	0.09	-0.2	0.44	-0.21
Property Plant And Equipment Net	-0.06	-0.28	-0.03	-0.76	-0.02	-0.3	0.76	0.77	0.13	-0.14	-0.17	-0.3	-0.27	0.76	-0.09	0.82	0.05		-0.33	0.56	0.0	1.0	0.35	-0.31	-0.48	-0.16
Non Current Assets Total	0.94	0.81	0.93	0.28	-0.8	0.81	-0.28	-0.28	0.78	-0.1	0.5	0.92	0.81	-0.19	0.66	-0.46	0.81	-0.33		-0.17	0.53	-0.33	-0.14	-0.12	0.69	-0.16
Other Assets	0.05	-0.2	0.07	-0.58	-0.16	-0.16	0.59	0.62	0.19	-0.19	-0.05	-0.17	-0.16	0.6	0.0	0.8	0.2	0.56	-0.17		-0.16	0.56	0.66	-0.05	-0.26	-0.13
Net Receivables	0.53	0.63	0.5	0.1	-0.38	0.85	-0.1	-0.11	0.43	0.26	-0.09	0.28	0.63	-0.02	-0.02	-0.18	0.43	0.0	0.53	-0.16		0.0	-0.11	-0.32	0.24	0.33
Property Plant And Equipment Gross	-0.06	-0.28	-0.03	-0.76	-0.02	-0.3	0.76	0.77	0.13	-0.14	-0.17	-0.3	-0.27	0.76	-0.09	0.82	0.05	1.0	-0.33	0.56	0.0		0.35	-0.31	-0.48	-0.16
Short Term Investments	-0.04	-0.15	-0.03	-0.23	-0.07	-0.13	0.25	0.31	0.07	-0.12	0.0	-0.16	-0.11	0.29	-0.03	0.59	0.09	0.35	-0.14	0.66	-0.11	0.35		0.08	-0.25	-0.1
Short Term Debt	-0.16	-0.29	-0.14	0.07	0.22	-0.25	-0.07	-0.06	-0.24	-0.27	-0.06	-0.15	-0.29	-0.1	-0.06	-0.04	-0.2	-0.31	-0.12	-0.05	-0.32	-0.31	0.08		-0.21	-0.38
Intangible Assets	0.5	0.44	0.49	0.56	-0.46	0.46	-0.56	-0.56	0.35	-0.31	0.28	0.63	0.44	-0.52	0.51	-0.69	0.44	-0.48	0.69	-0.26	0.24	-0.48	-0.25	-0.21		-0.17
Current Deferred Revenue	-0.19	0.3	-0.24	0.09	0.17	0.29	-0.09	-0.09	-0.16	0.9	-0.14	-0.16	0.29	-0.08	-0.4	-0.07	-0.21	-0.16	-0.16	-0.13	0.33	-0.16	-0.1	-0.38	-0.17

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Eco Oil Account Relationship Matchups

Eco Oil fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.9M	45.9M	55.6M	31.3M	1.1M	1.0M
Total Current Liabilities	621.2K	5.6M	5.0M	1.2M	38.8K	36.9K
Total Stockholder Equity	16.0M	40.2M	50.7M	30.0M	1.0M	985.3K
Net Debt	(11.5M)	(3.4M)	(4.1M)	(3.0M)	(1.0M)	(1.1M)
Retained Earnings	(44.8M)	(51.4M)	(88.0M)	(109.1M)	(965.6K)	(1.0M)
Accounts Payable	501.0K	1.8M	4.3M	1.0M	45.5K	43.2K
Cash	11.8M	3.4M	4.1M	3.0M	1.0M	990.0K
Cash And Short Term Investments	13.4M	3.5M	4.1M	3.0M	1.0M	990.0K
Common Stock Shares Outstanding	184.7M	202.7M	349.6M	369.3M	5.0M	4.8M
Liabilities And Stockholders Equity	16.9M	45.9M	55.6M	31.3M	1.1M	1.0M
Non Current Liabilities Total	350.4K	325.9K	1.9M	0.0	45.5K	43.2K
Other Current Assets	45.6K	193.7K	2.1M	5.9K	6.8K	6.5K
Other Stockholder Equity	2.7M	29.5M	17.6M	17.7M	2.0M	1.9M
Total Liab	947.1K	5.6M	5.0M	1.2M	38.8K	36.9K
Total Current Assets	13.6M	5.8M	6.2M	3.1M	1.1M	1.0M
Accumulated Other Comprehensive Income	(930.4K)	(1.0M)	(538.1K)	(647.8K)	(455.93)	(478.73)
Common Stock Total Equity	37.5M	55.6M	59.1M	1.3M	1.5M	1.4M
Common Stock	59.1M	63.1M	121.6M	122.1M	1.3M	1.3M
Non Current Assets Total	3.3M	40.0M	49.5M	28.2M	5.6K	5.4K
Net Receivables	262.8K	285.4K	2.0M	115.1K	28.2K	26.8K
Short Term Investments	52.8K	1.6M	52.6K	13.1K	15.1K	14.3K
Intangible Assets	2.5M	30.8M	40.9M	28.2M	32.4M	34.0M
Net Tangible Assets	25.1M	27.7M	14.6M	40.2M	46.3M	48.6M
Net Invested Capital	16.0M	40.2M	50.7M	30.0M	34.5M	29.5M
Net Working Capital	13.0M	191.7K	1.2M	1.8M	1.7M	1.6M
Capital Stock	59.1M	63.1M	121.6M	122.1M	140.4M	84.1M

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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.

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Eco Common Stock Total Equity vs Net Debt Analysis

Common Stock Total Equity vs Net Debt

Common Stock Total Equity vs Net Debt Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Net Debt

Eco Oil fundamental ratios Correlations

Eco Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eco Oil fundamental ratios Accounts

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Other Information on Investing in Eco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock	- 0.99	Retained Earnings
Total Current Assets	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Common Stock Total Equity	- 0.85	Net Debt