Eco Common Stock Total Equity vs Short Term Investments Analysis

ECO Stock

9.98 0.27 2.63%

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 Short Term Investments 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 Short Term Investments

Common Stock Total Equity vs Short Term Investments 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 Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Eco Oil's Common Stock Total Equity and Short Term Investments is 0.58. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Term Investments 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 Short Term Investments 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 Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Eco Oil's Common Stock Total Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Common Stock Total Equity

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

Short Term Investments

Short Term Investments is an item under the current assets section of Eco Oil balance sheet. It contains any investments Eco Oil Gas undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Eco Oil Gas can easily liquidate in the marketplace.

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 Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 35.7 M, whereas Tax Provision is projected to grow to (509.9 K).

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	Non Currrent Assets Other	Other Assets	Net Receivables	Property Plant And Equipment Gross	Short Term Investments	Short Term Debt	Intangible Assets
Total Assets		0.79	1.0	0.0	-0.81	0.77	0.0	-0.01	0.85	-0.15	0.47	0.72	0.8	0.09	0.7	-0.24	0.86	-0.11	0.94	-0.07	0.02	0.5	-0.11	-0.07	-0.2	0.71
Total Current Liabilities	0.79		0.75	0.22	-0.46	0.85	-0.22	-0.23	0.49	0.41	0.61	0.63	1.0	-0.11	0.61	-0.43	0.49	-0.33	0.81	-0.23	-0.22	0.62	-0.33	-0.18	-0.31	0.6
Total Stockholder Equity	1.0	0.75		-0.03	-0.83	0.73	0.03	0.02	0.87	-0.22	0.44	0.71	0.75	0.11	0.69	-0.21	0.88	-0.08	0.93	-0.05	0.05	0.48	-0.08	-0.06	-0.17	0.7
Net Debt	0.0	0.22	-0.03		-0.06	0.27	-1.0	-1.0	-0.09	0.09	0.2	0.35	0.21	-0.99	0.04	-0.84	-0.02	-0.75	0.34	-0.43	-0.58	0.16	-0.75	-0.21	0.1	0.5
Retained Earnings	-0.81	-0.46	-0.83	-0.06		-0.57	0.06	0.06	-0.98	0.28	-0.15	-0.52	-0.47	0.01	-0.39	0.16	-0.99	0.02	-0.79	-0.02	-0.15	-0.35	0.02	-0.05	0.26	-0.64
Accounts Payable	0.77	0.85	0.73	0.27	-0.57		-0.27	-0.27	0.59	0.24	0.19	0.48	0.85	-0.18	0.25	-0.41	0.62	-0.35	0.8	-0.2	-0.19	0.85	-0.35	-0.16	-0.27	0.62
Cash	0.0	-0.22	0.03	-1.0	0.06	-0.27		1.0	0.09	-0.09	-0.2	-0.36	-0.21	0.99	-0.04	0.85	0.02	0.75	-0.34	0.43	0.59	-0.16	0.75	0.23	-0.1	-0.5
Cash And Short Term Investments	-0.01	-0.23	0.02	-1.0	0.06	-0.27	1.0		0.09	-0.1	-0.19	-0.36	-0.21	0.99	-0.04	0.87	0.03	0.76	-0.35	0.44	0.62	-0.17	0.76	0.29	-0.09	-0.51
Common Stock Shares Outstanding	0.85	0.49	0.87	-0.09	-0.98	0.59	0.09	0.09		-0.26	0.13	0.49	0.5	0.15	0.39	-0.06	0.99	0.08	0.78	0.06	0.17	0.4	0.08	0.04	-0.29	0.57
Non Current Liabilities Total	-0.15	0.41	-0.22	0.09	0.28	0.24	-0.09	-0.1	-0.26		0.19	-0.12	0.4	-0.06	-0.17	-0.1	-0.32	-0.18	-0.13	-0.1	-0.21	0.23	-0.18	-0.14	-0.3	-0.26
Other Current Assets	0.47	0.61	0.44	0.2	-0.15	0.19	-0.2	-0.19	0.13	0.19		0.72	0.62	-0.11	0.87	-0.25	0.13	-0.21	0.5	-0.13	-0.06	-0.11	-0.21	-0.02	-0.08	0.36
Other Stockholder Equity	0.72	0.63	0.71	0.35	-0.52	0.48	-0.36	-0.36	0.49	-0.12	0.72		0.63	-0.29	0.73	-0.53	0.53	-0.46	0.8	-0.26	-0.26	0.12	-0.46	-0.21	-0.02	0.63
Total Liab	0.8	1.0	0.75	0.21	-0.47	0.85	-0.21	-0.21	0.5	0.4	0.62	0.63		-0.1	0.62	-0.4	0.5	-0.31	0.81	-0.22	-0.19	0.62	-0.31	-0.13	-0.32	0.6
Total Current Assets	0.09	-0.11	0.11	-0.99	0.01	-0.18	0.99	0.99	0.15	-0.06	-0.11	-0.29	-0.1		0.04	0.84	0.08	0.76	-0.25	0.44	0.61	-0.08	0.76	0.28	-0.13	-0.45
Other Current Liab	0.7	0.61	0.69	0.04	-0.39	0.25	-0.04	-0.04	0.39	-0.17	0.87	0.73	0.62	0.04		-0.23	0.41	-0.09	0.66	-0.1	0.0	-0.02	-0.09	-0.03	-0.06	0.57
Common Stock Total Equity	-0.24	-0.43	-0.21	-0.84	0.16	-0.41	0.85	0.87	-0.06	-0.1	-0.25	-0.53	-0.4	0.84	-0.23		-0.11	0.82	-0.52	0.53	0.81	-0.23	0.82	0.58	-0.07	-0.66
Common Stock	0.86	0.49	0.88	-0.02	-0.99	0.62	0.02	0.03	0.99	-0.32	0.13	0.53	0.5	0.08	0.41	-0.11		0.01	0.81	0.03	0.18	0.41	0.01	0.06	-0.24	0.64
Property Plant And Equipment Net	-0.11	-0.33	-0.08	-0.75	0.02	-0.35	0.75	0.76	0.08	-0.18	-0.21	-0.46	-0.31	0.76	-0.09	0.82	0.01		-0.36	0.6	0.55	-0.04	1.0	0.34	-0.33	-0.46
Non Current Assets Total	0.94	0.81	0.93	0.34	-0.79	0.8	-0.34	-0.35	0.78	-0.13	0.5	0.8	0.81	-0.25	0.66	-0.52	0.81	-0.36		-0.22	-0.19	0.52	-0.36	-0.16	-0.14	0.84
Non Currrent Assets Other	-0.07	-0.23	-0.05	-0.43	-0.02	-0.2	0.43	0.44	0.06	-0.1	-0.13	-0.26	-0.22	0.44	-0.1	0.53	0.03	0.6	-0.22		0.33	0.04	0.6	0.2	-0.2	-0.27
Other Assets	0.02	-0.22	0.05	-0.58	-0.15	-0.19	0.59	0.62	0.17	-0.21	-0.06	-0.26	-0.19	0.61	0.0	0.81	0.18	0.55	-0.19	0.33		-0.18	0.55	0.66	-0.06	-0.24
Net Receivables	0.5	0.62	0.48	0.16	-0.35	0.85	-0.16	-0.17	0.4	0.23	-0.11	0.12	0.62	-0.08	-0.02	-0.23	0.41	-0.04	0.52	0.04	-0.18		-0.04	-0.13	-0.34	0.36
Property Plant And Equipment Gross	-0.11	-0.33	-0.08	-0.75	0.02	-0.35	0.75	0.76	0.08	-0.18	-0.21	-0.46	-0.31	0.76	-0.09	0.82	0.01	1.0	-0.36	0.6	0.55	-0.04		0.34	-0.33	-0.46
Short Term Investments	-0.07	-0.18	-0.06	-0.21	-0.05	-0.16	0.23	0.29	0.04	-0.14	-0.02	-0.21	-0.13	0.28	-0.03	0.58	0.06	0.34	-0.16	0.2	0.66	-0.13	0.34		0.07	-0.23
Short Term Debt	-0.2	-0.31	-0.17	0.1	0.26	-0.27	-0.1	-0.09	-0.29	-0.3	-0.08	-0.02	-0.32	-0.13	-0.06	-0.07	-0.24	-0.33	-0.14	-0.2	-0.06	-0.34	-0.33	0.07		-0.19
Intangible Assets	0.71	0.6	0.7	0.5	-0.64	0.62	-0.5	-0.51	0.57	-0.26	0.36	0.63	0.6	-0.45	0.57	-0.66	0.64	-0.46	0.84	-0.27	-0.24	0.36	-0.46	-0.23	-0.19

Click cells to compare fundamentals

Eco Oil Account Relationship Matchups

Eco Oil fundamental ratios 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

Also Currently Popular

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Eco Common Stock Total Equity vs Short Term Investments Analysis

Common Stock Total Equity vs Short Term Investments

Common Stock Total Equity vs Short Term Investments Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Short Term Investments

Eco Oil fundamental ratios Correlations

Eco Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eco Oil fundamental ratios Accounts

Also Currently Popular

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	- 0.84	Net Debt