Ecofibre Property Plant And Equipment Net vs Total Assets Analysis

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

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecofibre Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ecofibre's Property Plant And Equipment Net and Total Assets is 0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ecofibre, assuming nothing else is changed. The correlation between historical values of Ecofibre's Property Plant And Equipment Net and Total 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 Property Plant And Equipment Net of Ecofibre are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Ecofibre's Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Ecofibre assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ecofibre books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Ecofibre's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecofibre 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 Ecofibre. 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, Ecofibre's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 11.7 M in 2025, despite the fact that Tax Provision is likely to grow to (343 K).

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	4.7M	2.2M	2.6M	2.5M
Interest Income	2.9M	56K	64.4K	61.2K

Depreciation And Amortization Interest Income

Ecofibre fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Non Currrent Assets Other	Other Assets	Long Term Debt	Long Term Debt Total	Other Stockholder Equity
Total Assets		0.71	0.64	0.5	0.99	0.92	0.47	-0.44	0.98	0.45	0.97	0.47	0.79	0.48	0.89	0.86	0.45	0.92	0.82	0.9	0.86	-0.92	0.68	0.73	0.62	-0.64
Short Long Term Debt Total	0.71		0.54	0.88	0.61	0.47	0.86	-0.91	0.8	0.23	0.66	0.23	0.47	0.84	0.69	0.28	0.83	0.88	0.65	0.87	0.47	-0.89	0.19	0.73	0.98	-0.34
Other Current Liab	0.64	0.54		0.59	0.63	0.6	0.3	-0.34	0.61	0.43	0.49	0.69	0.88	0.31	0.43	0.6	0.48	0.61	0.83	0.62	0.79	-0.54	0.33	0.38	0.44	-0.53
Total Current Liabilities	0.5	0.88	0.59		0.43	0.18	0.69	-0.88	0.59	0.32	0.36	0.35	0.47	0.81	0.32	0.09	0.99	0.63	0.7	0.73	0.46	-0.71	0.03	0.34	0.87	-0.06
Total Stockholder Equity	0.99	0.61	0.63	0.43		0.93	0.35	-0.33	0.94	0.49	0.95	0.52	0.81	0.36	0.85	0.91	0.38	0.85	0.81	0.83	0.9	-0.86	0.72	0.65	0.51	-0.63
Property Plant And Equipment Net	0.92	0.47	0.6	0.18	0.93		0.31	-0.13	0.85	0.29	0.94	0.38	0.78	0.2	0.89	0.93	0.1	0.8	0.64	0.69	0.8	-0.74	0.73	0.74	0.37	-0.77
Net Debt	0.47	0.86	0.3	0.69	0.35	0.31		-0.76	0.55	-0.3	0.5	-0.25	0.24	0.83	0.58	0.02	0.67	0.71	0.28	0.6	0.13	-0.72	0.12	0.73	0.91	-0.29
Retained Earnings	-0.44	-0.91	-0.34	-0.88	-0.33	-0.13	-0.76		-0.58	-0.24	-0.37	-0.16	-0.2	-0.83	-0.41	0.04	-0.86	-0.68	-0.5	-0.74	-0.2	0.72	0.13	-0.5	-0.92	0.02
Accounts Payable	0.98	0.8	0.61	0.59	0.94	0.85	0.55	-0.58		0.45	0.94	0.43	0.72	0.6	0.89	0.77	0.54	0.96	0.82	0.96	0.78	-0.96	0.58	0.75	0.71	-0.56
Cash	0.45	0.23	0.43	0.32	0.49	0.29	-0.3	-0.24	0.45		0.29	0.92	0.42	-0.01	0.19	0.49	0.28	0.29	0.69	0.47	0.63	-0.29	0.12	-0.02	0.11	-0.09
Non Current Assets Total	0.97	0.66	0.49	0.36	0.95	0.94	0.5	-0.37	0.94	0.29		0.28	0.67	0.42	0.96	0.84	0.31	0.9	0.65	0.81	0.75	-0.89	0.71	0.82	0.58	-0.67
Cash And Short Term Investments	0.47	0.23	0.69	0.35	0.52	0.38	-0.25	-0.16	0.43	0.92	0.28		0.64	-0.05	0.18	0.55	0.28	0.3	0.77	0.44	0.75	-0.27	0.17	0.01	0.1	-0.25
Net Receivables	0.79	0.47	0.88	0.47	0.81	0.78	0.24	-0.2	0.72	0.42	0.67	0.64		0.26	0.55	0.8	0.39	0.64	0.85	0.66	0.92	-0.64	0.49	0.39	0.37	-0.47
Common Stock Shares Outstanding	0.48	0.84	0.31	0.81	0.36	0.2	0.83	-0.83	0.6	-0.01	0.42	-0.05	0.26		0.41	0.02	0.82	0.7	0.48	0.75	0.2	-0.73	0.07	0.5	0.88	-0.08
Non Current Liabilities Total	0.89	0.69	0.43	0.32	0.85	0.89	0.58	-0.41	0.89	0.19	0.96	0.18	0.55	0.41		0.73	0.24	0.9	0.52	0.76	0.6	-0.84	0.59	0.92	0.61	-0.7
Inventory	0.86	0.28	0.6	0.09	0.91	0.93	0.02	0.04	0.77	0.49	0.84	0.55	0.8	0.02	0.73		0.03	0.64	0.69	0.6	0.88	-0.6	0.77	0.48	0.14	-0.66
Other Current Assets	0.45	0.83	0.48	0.99	0.38	0.1	0.67	-0.86	0.54	0.28	0.31	0.28	0.39	0.82	0.24	0.03		0.57	0.65	0.69	0.41	-0.67	0.04	0.26	0.84	0.0
Total Liab	0.92	0.88	0.61	0.63	0.85	0.8	0.71	-0.68	0.96	0.29	0.9	0.3	0.64	0.7	0.9	0.64	0.57		0.74	0.95	0.65	-0.96	0.5	0.86	0.81	-0.6
Total Current Assets	0.82	0.65	0.83	0.7	0.81	0.64	0.28	-0.5	0.82	0.69	0.65	0.77	0.85	0.48	0.52	0.69	0.65	0.74		0.86	0.9	-0.75	0.44	0.36	0.55	-0.41
Common Stock	0.9	0.87	0.62	0.73	0.83	0.69	0.6	-0.74	0.96	0.47	0.81	0.44	0.66	0.75	0.76	0.6	0.69	0.95	0.86		0.7	-0.95	0.42	0.68	0.8	-0.43
Net Tangible Assets	0.86	0.47	0.79	0.46	0.9	0.8	0.13	-0.2	0.78	0.63	0.75	0.75	0.92	0.2	0.6	0.88	0.41	0.65	0.9	0.7		-0.67	0.64	0.37	0.35	-0.55
Non Currrent Assets Other	-0.92	-0.89	-0.54	-0.71	-0.86	-0.74	-0.72	0.72	-0.96	-0.29	-0.89	-0.27	-0.64	-0.73	-0.84	-0.6	-0.67	-0.96	-0.75	-0.95	-0.67		-0.49	-0.77	-0.85	0.46
Other Assets	0.68	0.19	0.33	0.03	0.72	0.73	0.12	0.13	0.58	0.12	0.71	0.17	0.49	0.07	0.59	0.77	0.04	0.5	0.44	0.42	0.64	-0.49		0.38	0.1	-0.76
Long Term Debt	0.73	0.73	0.38	0.34	0.65	0.74	0.73	-0.5	0.75	-0.02	0.82	0.01	0.39	0.5	0.92	0.48	0.26	0.86	0.36	0.68	0.37	-0.77	0.38		0.71	-0.69
Long Term Debt Total	0.62	0.98	0.44	0.87	0.51	0.37	0.91	-0.92	0.71	0.11	0.58	0.1	0.37	0.88	0.61	0.14	0.84	0.81	0.55	0.8	0.35	-0.85	0.1	0.71		-0.26
Other Stockholder Equity	-0.64	-0.34	-0.53	-0.06	-0.63	-0.77	-0.29	0.02	-0.56	-0.09	-0.67	-0.25	-0.47	-0.08	-0.7	-0.66	0.0	-0.6	-0.41	-0.43	-0.55	0.46	-0.76	-0.69	-0.26

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Ecofibre Account Relationship Matchups

Ecofibre fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	141.7M	149.6M	118.7M	71.2M	81.9M	77.5M
Short Long Term Debt Total	11.0M	19.7M	27.0M	25.5M	29.3M	30.8M
Other Current Liab	3.0M	3.4M	3.1M	3.3M	3.8M	3.4M
Total Current Liabilities	5.7M	8.1M	6.5M	20.8M	23.9M	25.1M
Total Stockholder Equity	111.8M	109.9M	74.6M	40.0M	46.0M	54.2M
Property Plant And Equipment Net	48.0M	47.8M	43.4M	8.6M	9.9M	9.4M
Net Debt	2.4M	12.5M	19.7M	18.8M	21.6M	22.6M
Retained Earnings	(11.3M)	(26.0M)	(65.9M)	(95.9M)	(86.3M)	(82.0M)
Accounts Payable	2.1M	2.2M	2.0M	1.4M	1.6M	1.2M
Cash	8.6M	7.3M	7.3M	6.7M	7.7M	8.4M
Non Current Assets Total	102.5M	112.9M	97.1M	33.9M	39.0M	48.8M
Cash And Short Term Investments	8.6M	7.3M	7.3M	6.7M	7.7M	9.8M
Net Receivables	7.8M	4.0M	2.9M	3.1M	3.5M	3.8M
Common Stock Shares Outstanding	322.7M	332.5M	335.7M	360.3M	414.3M	347.6M
Liabilities And Stockholders Equity	141.7M	149.6M	118.7M	71.2M	81.9M	77.5M
Non Current Liabilities Total	24.2M	31.5M	37.6M	9.5M	10.9M	15.4M
Inventory	17.8M	16.3M	9.9M	2.6M	3.0M	2.9M
Other Current Assets	5.0M	9.7M	1.5M	25.0M	28.7M	30.1M
Total Liab	29.9M	39.6M	44.1M	30.3M	34.8M	23.2M
Total Current Assets	39.2M	36.7M	21.6M	37.4M	43.0M	28.7M
Accumulated Other Comprehensive Income	15.0M	20.6M	24.0M	15.1M	17.3M	10.5M
Common Stock	108.1M	115.3M	116.5M	120.8M	138.9M	76.1M
Net Tangible Assets	62.3M	61.2M	54.6M	21.0M	24.1M	37.9M
Non Currrent Assets Other	(36.3M)	(98.6M)	(103.2M)	(97.1M)	(87.4M)	(83.0M)
Long Term Debt	10.1M	16.8M	25.6M	9.5M	10.9M	11.4M
Long Term Debt Total	10.6M	10.5M	17.2M	25.7M	29.6M	31.0M
Short Term Debt	361.0K	2.5M	1.3M	16.0M	18.4M	19.3M
Property Plant Equipment	35.7M	48.0M	47.8M	43.4M	49.9M	29.1M
Current Deferred Revenue	65.0K	31K	15K	534K	614.1K	644.8K
Short Term Investments	4.3M	205K	347K	200K	180K	171K
Net Invested Capital	121.9M	128.7M	101.2M	65.5M	75.3M	97.9M
Property Plant And Equipment Gross	54.0M	57.7M	57.1M	19.9M	22.9M	42.4M
Capital Stock	108.1M	115.3M	116.5M	120.8M	138.9M	106.2M
Net Working Capital	33.5M	28.6M	15.2M	16.6M	14.9M	21.6M

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