Eco Current Deferred Revenue vs Retained Earnings Analysis

ECO Stock

11.25 0.50 4.65%

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 Current Deferred Revenue and its Retained Earnings 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.

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eco Oil Gas Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Eco Oil's Current Deferred Revenue and Retained Earnings is 0.17. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings 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 Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Eco Oil Gas are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Eco Oil's Current Deferred Revenue and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

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Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Current Deferred Revenue vs Retained Earnings Analysis

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Retained Earnings

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