ECARX Good Will vs Current Deferred Revenue Analysis

ECX Stock   2.00  0.14  7.53%   
ECARX Holdings financial indicator trend analysis is much more than just examining ECARX Holdings Class latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECARX Holdings Class is a good investment. Please check the relationship between ECARX Holdings Good Will and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Class Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ECARX Holdings' Good Will and Current Deferred Revenue is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of ECARX Holdings Class, assuming nothing else is changed. The correlation between historical values of ECARX Holdings' Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of ECARX Holdings Class are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., ECARX Holdings' Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.
Most indicators from ECARX Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECARX Holdings Class 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 ECARX Holdings Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Tax Provision is likely to rise to about (3.5 M) in 2024. Selling General Administrative is likely to drop to about 138.9 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization65.2M116.5M124.6M100.5M
Interest Income11.8M12.4M30.5M22.9M

ECARX Holdings fundamental ratios Correlations

0.82-1.00.680.250.970.480.840.7-0.960.41-0.320.940.860.97-0.050.81-0.670.34-0.9-0.970.590.460.880.990.69
0.82-0.840.960.670.850.841.00.98-0.910.86-0.740.590.980.81-0.460.98-0.6-0.21-0.92-0.720.89-0.040.970.820.83
-1.0-0.84-0.69-0.29-0.97-0.51-0.86-0.720.96-0.440.32-0.92-0.89-0.970.05-0.820.68-0.30.910.96-0.61-0.43-0.9-0.99-0.68
0.680.96-0.690.690.730.870.940.97-0.840.91-0.890.420.880.66-0.630.96-0.48-0.34-0.81-0.560.91-0.180.890.680.91
0.250.67-0.290.690.210.950.660.72-0.430.87-0.73-0.10.660.16-0.770.55-0.6-0.81-0.64-0.220.9-0.730.670.190.42
0.970.85-0.970.730.210.450.870.77-0.920.48-0.360.90.870.990.010.88-0.480.32-0.83-0.870.550.490.850.990.72
0.480.84-0.510.870.950.450.820.86-0.660.93-0.850.150.80.39-0.790.76-0.67-0.65-0.8-0.430.99-0.550.830.430.67
0.841.0-0.860.940.660.870.820.98-0.910.84-0.690.610.990.83-0.40.98-0.6-0.19-0.92-0.730.880.00.980.830.79
0.70.98-0.720.970.720.770.860.98-0.810.93-0.790.440.940.72-0.490.97-0.47-0.35-0.83-0.560.89-0.150.920.710.79
-0.96-0.910.96-0.84-0.43-0.92-0.66-0.91-0.81-0.590.57-0.82-0.9-0.90.32-0.890.71-0.140.940.92-0.76-0.24-0.95-0.94-0.85
0.410.86-0.440.910.870.480.930.840.93-0.59-0.890.090.790.41-0.70.83-0.38-0.67-0.68-0.280.92-0.50.770.410.68
-0.32-0.740.32-0.89-0.73-0.36-0.85-0.69-0.790.57-0.89-0.04-0.59-0.260.88-0.740.310.580.550.22-0.840.5-0.64-0.31-0.84
0.940.59-0.920.42-0.10.90.150.610.44-0.820.09-0.040.650.930.240.61-0.510.65-0.7-0.920.280.730.660.950.53
0.860.98-0.890.880.660.870.80.990.94-0.90.79-0.590.650.85-0.330.93-0.67-0.15-0.95-0.780.860.030.980.850.71
0.970.81-0.970.660.160.990.390.830.72-0.90.41-0.260.930.850.10.82-0.490.38-0.81-0.880.50.550.830.990.63
-0.05-0.460.05-0.63-0.770.01-0.79-0.4-0.490.32-0.70.880.24-0.330.1-0.40.420.710.390.06-0.760.76-0.430.0-0.6
0.810.98-0.820.960.550.880.760.980.97-0.890.83-0.740.610.930.82-0.4-0.45-0.13-0.84-0.670.810.060.920.830.87
-0.67-0.60.68-0.48-0.6-0.48-0.67-0.6-0.470.71-0.380.31-0.51-0.67-0.490.42-0.450.080.850.79-0.710.12-0.75-0.58-0.43
0.34-0.21-0.3-0.34-0.810.32-0.65-0.19-0.35-0.14-0.670.580.65-0.150.380.71-0.130.080.08-0.39-0.540.96-0.140.38-0.06
-0.9-0.920.91-0.81-0.64-0.83-0.8-0.92-0.830.94-0.680.55-0.7-0.95-0.810.39-0.840.850.080.88-0.86-0.02-0.98-0.86-0.71
-0.97-0.720.96-0.56-0.22-0.87-0.43-0.73-0.560.92-0.280.22-0.92-0.78-0.880.06-0.670.79-0.390.88-0.54-0.44-0.82-0.93-0.61
0.590.89-0.610.910.90.550.990.880.89-0.760.92-0.840.280.860.5-0.760.81-0.71-0.54-0.86-0.54-0.440.890.540.74
0.46-0.04-0.43-0.18-0.730.49-0.550.0-0.15-0.24-0.50.50.730.030.550.760.060.120.96-0.02-0.44-0.440.00.510.02
0.880.97-0.90.890.670.850.830.980.92-0.950.77-0.640.660.980.83-0.430.92-0.75-0.14-0.98-0.820.890.00.860.77
0.990.82-0.990.680.190.990.430.830.71-0.940.41-0.310.950.850.990.00.83-0.580.38-0.86-0.930.540.510.860.7
0.690.83-0.680.910.420.720.670.790.79-0.850.68-0.840.530.710.63-0.60.87-0.43-0.06-0.71-0.610.740.020.770.7
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ECARX Holdings Account Relationship Matchups

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