ECARX Short Term Debt vs Net Invested Capital 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 Short Term Debt and its Net Invested Capital 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.

Short Term Debt vs Net Invested Capital

Short Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Class Short Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ECARX Holdings' Short Term Debt and Net Invested Capital is 0.84. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Invested Capital 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' Short Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of ECARX Holdings Class are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Term Debt i.e., ECARX Holdings' Short Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Debt

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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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