EcoSynthetix Net Receivables vs Total Current Assets Analysis

ECO Stock

CAD 5.06 0.02 0.40%

EcoSynthetix financial indicator trend analysis is much more than just examining EcoSynthetix latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EcoSynthetix is a good investment. Please check the relationship between EcoSynthetix Net Receivables and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EcoSynthetix. 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.

Net Receivables vs Total Current Assets

Net Receivables vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EcoSynthetix Net Receivables account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between EcoSynthetix's Net Receivables and Total Current Assets is 0.66. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of EcoSynthetix, assuming nothing else is changed. The correlation between historical values of EcoSynthetix's Net Receivables and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of EcoSynthetix are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., EcoSynthetix's Net Receivables and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from EcoSynthetix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EcoSynthetix 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 EcoSynthetix. 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.

At this time, EcoSynthetix's Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Enterprise Value is likely to grow to about 147 M, while Enterprise Value Over EBITDA is likely to drop (58.01).

	2022	2023	2024	2025 (projected)
Gross Profit	4.2M	2.8M	2.5M	2.8M
Total Revenue	19.0M	12.7M	11.4M	14.2M

Gross Profit Total Revenue

EcoSynthetix fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Accounts Payable	Non Currrent Assets Other	Common Stock Total Equity	Common Stock	Capital Surpluse	Property Plant Equipment
Total Assets		0.18	0.64	0.73	0.91	-0.93	0.04	0.92	0.49	0.98	0.67	-0.19	-0.25	0.86	-0.1	0.6	-0.21	-0.08	0.98	0.9	0.46	0.24	0.25	0.24	-0.72	0.71
Other Current Liab	0.18		0.73	-0.49	-0.03	-0.4	0.88	0.39	0.02	0.18	0.64	-0.8	0.83	0.05	-0.42	0.08	0.84	-0.48	0.18	0.16	0.74	0.01	0.33	0.33	-0.66	0.61
Total Current Liabilities	0.64	0.73		0.05	0.33	-0.69	0.6	0.69	0.28	0.62	0.8	-0.72	0.41	0.61	-0.31	0.6	0.44	-0.25	0.64	0.69	0.93	-0.09	0.22	0.21	-0.69	0.62
Total Stockholder Equity	0.73	-0.49	0.05		0.81	-0.53	-0.65	0.53	0.53	0.68	0.15	0.49	-0.84	0.65	0.09	0.38	-0.83	0.28	0.68	0.62	-0.18	0.31	0.1	0.1	-0.2	0.21
Property Plant And Equipment Net	0.91	-0.03	0.33	0.81		-0.81	-0.18	0.81	0.57	0.87	0.49	0.14	-0.43	0.68	0.01	0.28	-0.41	-0.07	0.87	0.72	0.12	0.5	0.23	0.22	-0.64	0.68
Net Debt	-0.93	-0.4	-0.69	-0.53	-0.81		-0.25	-1.0	-0.4	-0.92	-0.7	0.34	0.02	-0.75	0.17	-0.52	-0.01	0.09	-0.92	-0.78	-0.53	-0.3	-0.36	-0.36	0.85	-0.78
Retained Earnings	0.04	0.88	0.6	-0.65	-0.18	-0.25		0.25	-0.26	0.09	0.49	-0.89	0.95	0.03	-0.16	0.11	0.95	-0.42	0.1	0.1	0.76	-0.2	0.08	0.08	-0.46	0.45
Cash	0.92	0.39	0.69	0.53	0.81	-1.0	0.25		0.39	0.92	0.7	-0.34	-0.02	0.75	-0.18	0.52	0.01	-0.09	0.92	0.78	0.53	0.3	0.38	0.37	-0.85	0.78
Non Current Assets Total	0.49	0.02	0.28	0.53	0.57	-0.4	-0.26	0.39		0.31	0.35	0.22	-0.37	0.44	-0.14	0.1	-0.35	0.01	0.33	0.33	0.03	0.48	0.2	0.2	-0.41	0.37
Cash And Short Term Investments	0.98	0.18	0.62	0.68	0.87	-0.92	0.09	0.92	0.31		0.63	-0.23	-0.2	0.81	-0.08	0.61	-0.17	-0.11	1.0	0.89	0.47	0.18	0.23	0.22	-0.69	0.7
Net Receivables	0.67	0.64	0.8	0.15	0.49	-0.7	0.49	0.7	0.35	0.63		-0.52	0.32	0.58	-0.55	0.32	0.35	-0.27	0.66	0.68	0.74	0.01	0.51	0.5	-0.71	0.65
Common Stock Shares Outstanding	-0.19	-0.8	-0.72	0.49	0.14	0.34	-0.89	-0.34	0.22	-0.23	-0.52		-0.83	-0.21	0.29	-0.46	-0.85	0.46	-0.25	-0.23	-0.88	0.28	-0.17	-0.17	0.5	-0.46
Non Current Liabilities Total	-0.25	0.83	0.41	-0.84	-0.43	0.02	0.95	-0.02	-0.37	-0.2	0.32	-0.83		-0.25	-0.23	-0.08	1.0	-0.45	-0.19	-0.18	0.61	-0.23	0.1	0.09	-0.29	0.27
Inventory	0.86	0.05	0.61	0.65	0.68	-0.75	0.03	0.75	0.44	0.81	0.58	-0.21	-0.25		0.07	0.73	-0.22	0.24	0.84	0.85	0.51	-0.04	0.13	0.12	-0.51	0.39
Other Current Assets	-0.1	-0.42	-0.31	0.09	0.01	0.17	-0.16	-0.18	-0.14	-0.08	-0.55	0.29	-0.23	0.07		-0.09	-0.24	0.48	-0.08	-0.05	-0.26	-0.03	-0.71	-0.71	0.29	-0.31
Other Stockholder Equity	0.6	0.08	0.6	0.38	0.28	-0.52	0.11	0.52	0.1	0.61	0.32	-0.46	-0.08	0.73	-0.09		-0.06	-0.02	0.63	0.6	0.6	-0.23	0.09	0.09	-0.28	0.26
Total Liab	-0.21	0.84	0.44	-0.83	-0.41	-0.01	0.95	0.01	-0.35	-0.17	0.35	-0.85	1.0	-0.22	-0.24	-0.06		-0.45	-0.16	-0.15	0.64	-0.23	0.11	0.11	-0.31	0.29
Property Plant And Equipment Gross	-0.08	-0.48	-0.25	0.28	-0.07	0.09	-0.42	-0.09	0.01	-0.11	-0.27	0.46	-0.45	0.24	0.48	-0.02	-0.45		-0.09	0.07	-0.31	-0.28	-0.25	-0.24	0.38	-0.62
Total Current Assets	0.98	0.18	0.64	0.68	0.87	-0.92	0.1	0.92	0.33	1.0	0.66	-0.25	-0.19	0.84	-0.08	0.63	-0.16	-0.09		0.9	0.5	0.16	0.23	0.22	-0.69	0.69
Intangible Assets	0.9	0.16	0.69	0.62	0.72	-0.78	0.1	0.78	0.33	0.89	0.68	-0.23	-0.18	0.85	-0.05	0.6	-0.15	0.07	0.9		0.55	-0.14	0.05	0.05	-0.49	0.46
Accounts Payable	0.46	0.74	0.93	-0.18	0.12	-0.53	0.76	0.53	0.03	0.47	0.74	-0.88	0.61	0.51	-0.26	0.6	0.64	-0.31	0.5	0.55		-0.22	0.18	0.17	-0.57	0.51
Non Currrent Assets Other	0.24	0.01	-0.09	0.31	0.5	-0.3	-0.2	0.3	0.48	0.18	0.01	0.28	-0.23	-0.04	-0.03	-0.23	-0.23	-0.28	0.16	-0.14	-0.22		0.31	0.31	-0.46	0.52
Common Stock Total Equity	0.25	0.33	0.22	0.1	0.23	-0.36	0.08	0.38	0.2	0.23	0.51	-0.17	0.1	0.13	-0.71	0.09	0.11	-0.25	0.23	0.05	0.18	0.31		1.0	-0.52	0.42
Common Stock	0.24	0.33	0.21	0.1	0.22	-0.36	0.08	0.37	0.2	0.22	0.5	-0.17	0.09	0.12	-0.71	0.09	0.11	-0.24	0.22	0.05	0.17	0.31	1.0		-0.51	0.41
Capital Surpluse	-0.72	-0.66	-0.69	-0.2	-0.64	0.85	-0.46	-0.85	-0.41	-0.69	-0.71	0.5	-0.29	-0.51	0.29	-0.28	-0.31	0.38	-0.69	-0.49	-0.57	-0.46	-0.52	-0.51		-0.91
Property Plant Equipment	0.71	0.61	0.62	0.21	0.68	-0.78	0.45	0.78	0.37	0.7	0.65	-0.46	0.27	0.39	-0.31	0.26	0.29	-0.62	0.69	0.46	0.51	0.52	0.42	0.41	-0.91

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EcoSynthetix Account Relationship Matchups

EcoSynthetix fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	51.7M	51.0M	48.2M	42.8M	38.6M	56.6M
Other Current Liab	380.1K	1.1M	1.1M	449.6K	404.6K	384.4K
Total Current Liabilities	1.2M	2.4M	2.6M	1.6M	1.4M	2.4M
Total Stockholder Equity	49.5M	47.8M	45.1M	41.0M	36.9M	46.2M
Property Plant And Equipment Net	5.6M	4.7M	3.9M	4.3M	3.8M	6.0M
Net Debt	(15.3M)	(41.2M)	(4.0M)	(4.3M)	(5.0M)	(5.2M)
Retained Earnings	(451.2M)	(454.4M)	(456.7M)	(459.5M)	(413.6M)	(434.3M)
Cash	16.6M	42.2M	4.8M	4.9M	4.4M	4.2M
Non Current Assets Total	5.6M	4.7M	14.0M	4.3M	3.8M	7.5M
Cash And Short Term Investments	42.0M	42.2M	25.9M	33.3M	30.0M	43.6M
Net Receivables	1.9M	1.9M	2.9M	1.1M	998.0K	948.1K
Common Stock Shares Outstanding	57.2M	57.4M	58.9M	58.9M	67.8M	56.5M
Liabilities And Stockholders Equity	51.7M	51.0M	48.2M	42.8M	38.6M	56.6M
Non Current Liabilities Total	1.1M	820.0K	543.6K	258.3K	232.5K	220.8K
Inventory	2.1M	2.1M	5.3M	3.6M	3.3M	3.3M
Other Current Assets	69.6K	91.9K	85.1K	532.5K	612.3K	643.0K
Other Stockholder Equity	10.4M	9.9M	10.1M	10.3M	9.2M	8.8M
Total Liab	2.3M	3.2M	3.1M	1.9M	1.7M	1.6M
Property Plant And Equipment Gross	5.6M	18.9M	18.8M	18.8M	21.6M	11.7M
Total Current Assets	46.1M	46.3M	34.2M	38.6M	34.7M	49.1M
Accounts Payable	560.3K	959.6K	1.3M	831.5K	748.3K	1.1M
Non Currrent Assets Other	(6.7M)	(5.6M)	(4.7M)	(14.0M)	(12.6M)	(12.0M)
Common Stock	490.3M	492.3M	491.7M	490.3M	441.2M	393.6M
Capital Surpluse	10.4M	10.4M	9.9M	10.1M	11.6M	10.6M
Property Plant Equipment	6.7M	5.6M	4.7M	3.9M	3.5M	5.1M
Net Tangible Assets	52.2M	49.5M	47.8M	45.1M	40.5M	42.4M
Long Term Debt Total	1.2M	1.1M	820.1K	543.6K	625.2K	567.7K
Short Term Debt	238.7K	255.9K	275.8K	326.1K	293.5K	278.8K
Short Term Investments	25.3M	0.0	21.1M	28.4M	25.5M	19.6M
Net Invested Capital	49.5M	47.8M	45.1M	41.0M	36.9M	39.8M
Net Working Capital	44.9M	43.9M	31.6M	37.0M	33.3M	34.7M
Capital Stock	490.3M	492.3M	491.7M	490.3M	441.2M	392.9M
Short Long Term Debt Total	1.3M	1.1M	819.5K	584.4K	525.9K	826.9K
Capital Lease Obligations	1.3M	1.1M	819.5K	584.4K	525.9K	826.9K

Other Information on Investing in EcoSynthetix Stock

Balance Sheet is a snapshot of the financial position of EcoSynthetix at a specified time, usually calculated after every quarter, six months, or one year. EcoSynthetix Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EcoSynthetix 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 EcoSynthetix currently owns. An asset can also be divided into two categories, current and non-current.

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EcoSynthetix Net Receivables vs Total Current Assets Analysis

Net Receivables vs Total Current Assets

Net Receivables vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Total Current Assets

EcoSynthetix fundamental ratios Correlations

EcoSynthetix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EcoSynthetix fundamental ratios Accounts

Other Information on Investing in EcoSynthetix Stock

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Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Common Stock	+ 1.0	Common Stock Total Equity
Cash And Short Term Investments	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.95	Retained Earnings

Cash	- 1.0	Net Debt
Net Debt	- 0.93	Total Assets
Total Current Assets	- 0.92	Net Debt
Cash And Short Term Investments	- 0.92	Net Debt
Property Plant Equipment	- 0.91	Capital Surpluse
Common Stock Shares Outstanding	- 0.89	Retained Earnings