Environmental Cash vs Net Debt Analysis

ECT Stock

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

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Environmental Clean Cash account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Environmental Clean's Cash and Net Debt is -0.76. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Environmental Clean Technologies, assuming nothing else is changed. The correlation between historical values of Environmental Clean's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Environmental Clean Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Environmental Clean's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Environmental Clean, which is listed under current asset account on Environmental Clean Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Environmental Clean customers. The amounts must be unrestricted with restricted cash listed in a different Environmental Clean account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

Issuance Of Capital Stock is likely to gain to about 6.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.7 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	5.7M	5.0M	4.4M	6.2M
Interest Expense	311.8K	96.2K	83.8K	79.6K

Other Operating Expenses Interest Expense

Environmental Clean fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		-0.1	0.34	0.59	0.92	0.46	-0.11	-0.19	0.44	0.08	0.29	0.86	-0.56	0.29	-0.05	-0.25	-0.45	-0.15	-0.05	0.15	0.23	0.35	0.2	0.19	0.3	-0.38
Short Long Term Debt Total	-0.1		-0.43	0.01	-0.3	0.07	-0.01	-0.17	-0.3	0.51	0.51	-0.34	0.0	0.51	0.3	0.27	0.19	0.35	0.46	0.23	-0.42	0.45	0.12	0.45	0.48	0.27
Other Current Liab	0.34	-0.43		0.54	0.25	-0.08	-0.49	0.3	0.49	-0.41	-0.36	0.47	-0.39	-0.36	-0.21	-0.11	-0.47	-0.4	-0.6	-0.22	0.47	0.27	-0.45	-0.29	-0.06	-0.52
Total Current Liabilities	0.59	0.01	0.54		0.28	0.28	-0.32	0.41	0.29	0.28	0.01	0.51	-0.4	0.01	0.17	-0.14	-0.32	0.06	-0.23	-0.22	0.27	0.81	0.08	0.1	0.31	-0.3
Total Stockholder Equity	0.92	-0.3	0.25	0.28		0.36	-0.11	-0.28	0.51	-0.1	0.17	0.88	-0.5	0.17	-0.25	-0.3	-0.48	-0.32	-0.15	0.22	0.28	-0.05	0.12	0.01	0.25	-0.43
Property Plant And Equipment Net	0.46	0.07	-0.08	0.28	0.36		0.2	-0.06	0.13	0.42	0.28	0.27	0.35	0.28	0.53	-0.73	-0.25	0.23	0.37	-0.11	0.35	0.32	0.79	0.34	-0.08	-0.16
Current Deferred Revenue	-0.11	-0.01	-0.49	-0.32	-0.11	0.2		-0.59	-0.52	0.23	0.49	-0.43	0.41	0.49	0.49	0.04	0.53	0.56	0.61	0.16	-0.36	-0.04	0.49	0.61	-0.59	0.52
Net Debt	-0.19	-0.17	0.3	0.41	-0.28	-0.06	-0.59		0.42	0.22	-0.76	0.15	0.07	-0.76	-0.3	-0.32	-0.41	-0.02	-0.47	-0.11	0.5	0.17	-0.21	-0.65	0.17	-0.46
Retained Earnings	0.44	-0.3	0.49	0.29	0.51	0.13	-0.52	0.42		0.08	-0.47	0.75	-0.27	-0.47	-0.5	-0.57	-0.98	-0.39	-0.5	0.4	0.81	-0.1	-0.39	-0.65	0.31	-0.99
Accounts Payable	0.08	0.51	-0.41	0.28	-0.1	0.42	0.23	0.22	0.08		0.11	-0.01	0.22	0.11	0.37	-0.32	-0.15	0.73	0.38	0.32	0.12	0.44	0.43	0.17	0.29	-0.1
Cash	0.29	0.51	-0.36	0.01	0.17	0.28	0.49	-0.76	-0.47	0.11		-0.16	-0.08	1.0	0.5	0.26	0.38	0.13	0.61	0.09	-0.55	0.34	0.38	0.85	0.08	0.47
Non Current Assets Total	0.86	-0.34	0.47	0.51	0.88	0.27	-0.43	0.15	0.75	-0.01	-0.16		-0.62	-0.16	-0.38	-0.35	-0.72	-0.33	-0.33	0.2	0.49	0.1	-0.1	-0.34	0.38	-0.7
Non Currrent Assets Other	-0.56	0.0	-0.39	-0.4	-0.5	0.35	0.41	0.07	-0.27	0.22	-0.08	-0.62		-0.08	0.37	-0.49	0.22	0.25	0.16	-0.15	0.15	-0.24	0.48	0.16	-0.47	0.21
Cash And Short Term Investments	0.29	0.51	-0.36	0.01	0.17	0.28	0.49	-0.76	-0.47	0.11	1.0	-0.16	-0.08		0.5	0.26	0.38	0.13	0.61	0.09	-0.55	0.34	0.38	0.85	0.08	0.47
Net Receivables	-0.05	0.3	-0.21	0.17	-0.25	0.53	0.49	-0.3	-0.5	0.37	0.5	-0.38	0.37	0.5		-0.05	0.39	0.57	0.61	-0.49	-0.18	0.46	0.66	0.64	-0.19	0.45
Good Will	-0.25	0.27	-0.11	-0.14	-0.3	-0.73	0.04	-0.32	-0.57	-0.32	0.26	-0.35	-0.49	0.26	-0.05		0.63	0.06	0.17	-0.1	-0.79	0.08	-0.39	0.2	0.1	0.61
Common Stock Total Equity	-0.45	0.19	-0.47	-0.32	-0.48	-0.25	0.53	-0.41	-0.98	-0.15	0.38	-0.72	0.22	0.38	0.39	0.63		0.36	0.41	-0.38	-0.83	0.0	0.31	0.57	-0.33	0.99
Common Stock Shares Outstanding	-0.15	0.35	-0.4	0.06	-0.32	0.23	0.56	-0.02	-0.39	0.73	0.13	-0.33	0.25	0.13	0.57	0.06	0.36		0.6	0.07	-0.27	0.37	0.52	0.35	-0.14	0.37
Non Current Liabilities Total	-0.05	0.46	-0.6	-0.23	-0.15	0.37	0.61	-0.47	-0.5	0.38	0.61	-0.33	0.16	0.61	0.61	0.17	0.41	0.6		0.12	-0.47	0.23	0.53	0.53	-0.2	0.49
Inventory	0.15	0.23	-0.22	-0.22	0.22	-0.11	0.16	-0.11	0.4	0.32	0.09	0.2	-0.15	0.09	-0.49	-0.1	-0.38	0.07	0.12		0.05	-0.13	-0.28	-0.12	0.13	-0.37
Other Stockholder Equity	0.23	-0.42	0.47	0.27	0.28	0.35	-0.36	0.5	0.81	0.12	-0.55	0.49	0.15	-0.55	-0.18	-0.79	-0.83	-0.27	-0.47	0.05		-0.07	-0.13	-0.52	-0.06	-0.85
Total Liab	0.35	0.45	0.27	0.81	-0.05	0.32	-0.04	0.17	-0.1	0.44	0.34	0.1	-0.24	0.34	0.46	0.08	0.0	0.37	0.23	-0.13	-0.07		0.2	0.46	0.18	0.05
Property Plant And Equipment Gross	0.2	0.12	-0.45	0.08	0.12	0.79	0.49	-0.21	-0.39	0.43	0.38	-0.1	0.48	0.38	0.66	-0.39	0.31	0.52	0.53	-0.28	-0.13	0.2		0.56	-0.16	0.39
Total Current Assets	0.19	0.45	-0.29	0.1	0.01	0.34	0.61	-0.65	-0.65	0.17	0.85	-0.34	0.16	0.85	0.64	0.2	0.57	0.35	0.53	-0.12	-0.52	0.46	0.56		-0.17	0.64
Short Term Debt	0.3	0.48	-0.06	0.31	0.25	-0.08	-0.59	0.17	0.31	0.29	0.08	0.38	-0.47	0.08	-0.19	0.1	-0.33	-0.14	-0.2	0.13	-0.06	0.18	-0.16	-0.17		-0.27
Common Stock	-0.38	0.27	-0.52	-0.3	-0.43	-0.16	0.52	-0.46	-0.99	-0.1	0.47	-0.7	0.21	0.47	0.45	0.61	0.99	0.37	0.49	-0.37	-0.85	0.05	0.39	0.64	-0.27

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Environmental Clean Account Relationship Matchups

Environmental Clean fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2M	6.9M	12.0M	8.2M	6.0M	8.2M
Short Long Term Debt Total	2.2M	3.8M	4.2M	4.0M	1.3M	1.7M
Other Current Liab	40.6K	222.8K	85.0K	141.1K	260.1K	247.1K
Total Current Liabilities	277.6K	3.2M	2.8M	2.8M	1.7M	2.6M
Total Stockholder Equity	880.9K	1.3M	7.1M	3.4M	3.4M	4.8M
Property Plant And Equipment Net	1.1M	3.2M	5.1M	5.0M	3.5M	3.7M
Current Deferred Revenue	40.4K	218.9K	62.0K	(2.1M)	(260.1K)	(273.1K)
Net Debt	(236.6K)	966.3K	(1.9M)	1.1M	510.9K	536.4K
Retained Earnings	(78.2M)	(79.9M)	(85.1M)	(87.8M)	(91.5M)	(86.9M)
Accounts Payable	85.2K	1.5M	626.0K	571.3K	398.4K	378.5K
Cash	1.1M	1.0M	4.4M	1.3M	762.2K	724.1K
Non Current Assets Total	1.1M	3.4M	5.3M	5.2M	3.6M	4.4M
Non Currrent Assets Other	(238.5K)	(254.2K)	(3.4M)	(5.3M)	(5.2M)	0.0
Cash And Short Term Investments	1.1M	1.0M	4.4M	1.3M	762.2K	724.1K
Net Receivables	966.7K	2.3M	2.2M	1.7M	1.5M	1.3M
Common Stock Shares Outstanding	435.9M	8.3B	1.2B	1.6B	2.0B	2.1B
Liabilities And Stockholders Equity	3.2M	6.9M	12.0M	8.2M	6.0M	8.2M
Non Current Liabilities Total	2.0M	2.3M	2.1M	1.9M	800.4K	922.9K
Other Stockholder Equity	(385.2K)	(1.2M)	(3.9M)	(1.2M)	(1.0M)	(991.3K)
Total Liab	2.3M	5.5M	4.9M	4.7M	2.5M	3.3M
Property Plant And Equipment Gross	1.1M	9.1M	10.0M	10.2M	11.8M	12.4M
Total Current Assets	2.1M	3.4M	6.6M	3.0M	2.4M	3.9M
Accumulated Other Comprehensive Income	495.7K	118.3K	3.2M	2.3M	2.5M	3.7M
Short Term Debt	151.8K	1.4M	2.1M	2.1M	1.1M	1.1M
Common Stock	78.6M	81.1M	88.9M	89.0M	92.4M	97.0M
Other Current Assets	58.4K	49.1K	53.4K	56.8K	1.6M	1.7M
Property Plant Equipment	1.1M	3.2M	5.1M	5.0M	5.8M	6.1M
Long Term Debt	1.3M	1.8M	1.7M	1.6M	1.9M	1.1M
Other Liab	1.3M	1.8M	1.7M	1.7M	1.9M	1.1M
Net Tangible Assets	880.9K	1.1M	6.9M	3.3M	3.8M	4.0M
Short Long Term Debt	2.1M	28.9K	1.3M	2.0M	2.3M	1.6M
Long Term Debt Total	2.0M	2.3M	2.1M	1.9M	2.2M	1.9M
Net Invested Capital	936.4K	2.6M	9.0M	5.4M	6.2M	4.7M
Cash And Equivalents	1.1M	1.0M	4.4M	1.3M	1.5M	1.5M
Net Working Capital	1.9M	224.8K	3.8M	189.9K	218.4K	207.5K
Non Current Liabilities Other	1.3M	1.8M	1.7M	1.6M	1.9M	1.7M

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