Environmental Non Current Liabilities Total vs Good Will Analysis

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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 Non Current Liabilities Total and its Good Will 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.

Non Current Liabilities Total vs Good Will

Non Current Liabilities Total vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Environmental Clean Non Current Liabilities Total account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Environmental Clean's Non Current Liabilities Total and Good Will is 0.17. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Good Will 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 Non Current Liabilities Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Environmental Clean Technologies are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Liabilities Total i.e., Environmental Clean's Non Current Liabilities Total and Good Will go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

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.
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 Expenses5.7M5.0M4.4M6.2M
Interest Expense311.8K96.2K83.8K79.6K

Environmental Clean fundamental ratios Correlations

-0.10.340.590.920.46-0.11-0.190.440.080.290.86-0.560.29-0.05-0.25-0.45-0.15-0.050.150.230.350.20.190.3-0.38
-0.1-0.430.01-0.30.07-0.01-0.17-0.30.510.51-0.340.00.510.30.270.190.350.460.23-0.420.450.120.450.480.27
0.34-0.430.540.25-0.08-0.490.30.49-0.41-0.360.47-0.39-0.36-0.21-0.11-0.47-0.4-0.6-0.220.470.27-0.45-0.29-0.06-0.52
0.590.010.540.280.28-0.320.410.290.280.010.51-0.40.010.17-0.14-0.320.06-0.23-0.220.270.810.080.10.31-0.3
0.92-0.30.250.280.36-0.11-0.280.51-0.10.170.88-0.50.17-0.25-0.3-0.48-0.32-0.150.220.28-0.050.120.010.25-0.43
0.460.07-0.080.280.360.2-0.060.130.420.280.270.350.280.53-0.73-0.250.230.37-0.110.350.320.790.34-0.08-0.16
-0.11-0.01-0.49-0.32-0.110.2-0.59-0.520.230.49-0.430.410.490.490.040.530.560.610.16-0.36-0.040.490.61-0.590.52
-0.19-0.170.30.41-0.28-0.06-0.590.420.22-0.760.150.07-0.76-0.3-0.32-0.41-0.02-0.47-0.110.50.17-0.21-0.650.17-0.46
0.44-0.30.490.290.510.13-0.520.420.08-0.470.75-0.27-0.47-0.5-0.57-0.98-0.39-0.50.40.81-0.1-0.39-0.650.31-0.99
0.080.51-0.410.28-0.10.420.230.220.080.11-0.010.220.110.37-0.32-0.150.730.380.320.120.440.430.170.29-0.1
0.290.51-0.360.010.170.280.49-0.76-0.470.11-0.16-0.081.00.50.260.380.130.610.09-0.550.340.380.850.080.47
0.86-0.340.470.510.880.27-0.430.150.75-0.01-0.16-0.62-0.16-0.38-0.35-0.72-0.33-0.330.20.490.1-0.1-0.340.38-0.7
-0.560.0-0.39-0.4-0.50.350.410.07-0.270.22-0.08-0.62-0.080.37-0.490.220.250.16-0.150.15-0.240.480.16-0.470.21
0.290.51-0.360.010.170.280.49-0.76-0.470.111.0-0.16-0.080.50.260.380.130.610.09-0.550.340.380.850.080.47
-0.050.3-0.210.17-0.250.530.49-0.3-0.50.370.5-0.380.370.5-0.050.390.570.61-0.49-0.180.460.660.64-0.190.45
-0.250.27-0.11-0.14-0.3-0.730.04-0.32-0.57-0.320.26-0.35-0.490.26-0.050.630.060.17-0.1-0.790.08-0.390.20.10.61
-0.450.19-0.47-0.32-0.48-0.250.53-0.41-0.98-0.150.38-0.720.220.380.390.630.360.41-0.38-0.830.00.310.57-0.330.99
-0.150.35-0.40.06-0.320.230.56-0.02-0.390.730.13-0.330.250.130.570.060.360.60.07-0.270.370.520.35-0.140.37
-0.050.46-0.6-0.23-0.150.370.61-0.47-0.50.380.61-0.330.160.610.610.170.410.60.12-0.470.230.530.53-0.20.49
0.150.23-0.22-0.220.22-0.110.16-0.110.40.320.090.2-0.150.09-0.49-0.1-0.380.070.120.05-0.13-0.28-0.120.13-0.37
0.23-0.420.470.270.280.35-0.360.50.810.12-0.550.490.15-0.55-0.18-0.79-0.83-0.27-0.470.05-0.07-0.13-0.52-0.06-0.85
0.350.450.270.81-0.050.32-0.040.17-0.10.440.340.1-0.240.340.460.080.00.370.23-0.13-0.070.20.460.180.05
0.20.12-0.450.080.120.790.49-0.21-0.390.430.38-0.10.480.380.66-0.390.310.520.53-0.28-0.130.20.56-0.160.39
0.190.45-0.290.10.010.340.61-0.65-0.650.170.85-0.340.160.850.640.20.570.350.53-0.12-0.520.460.56-0.170.64
0.30.48-0.060.310.25-0.08-0.590.170.310.290.080.38-0.470.08-0.190.1-0.33-0.14-0.20.13-0.060.18-0.16-0.17-0.27
-0.380.27-0.52-0.3-0.43-0.160.52-0.46-0.99-0.10.47-0.70.210.470.450.610.990.370.49-0.37-0.850.050.390.64-0.27
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Environmental Clean Account Relationship Matchups

Environmental Clean fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M6.9M12.0M8.2M6.0M8.2M
Short Long Term Debt Total2.2M3.8M4.2M4.0M1.3M1.7M
Other Current Liab40.6K222.8K85.0K141.1K260.1K247.1K
Total Current Liabilities277.6K3.2M2.8M2.8M1.7M2.6M
Total Stockholder Equity880.9K1.3M7.1M3.4M3.4M4.8M
Property Plant And Equipment Net1.1M3.2M5.1M5.0M3.5M3.7M
Current Deferred Revenue40.4K218.9K62.0K(2.1M)(260.1K)(273.1K)
Net Debt(236.6K)966.3K(1.9M)1.1M510.9K536.4K
Retained Earnings(78.2M)(79.9M)(85.1M)(87.8M)(91.5M)(86.9M)
Accounts Payable85.2K1.5M626.0K571.3K398.4K378.5K
Cash1.1M1.0M4.4M1.3M762.2K724.1K
Non Current Assets Total1.1M3.4M5.3M5.2M3.6M4.4M
Non Currrent Assets Other(238.5K)(254.2K)(3.4M)(5.3M)(5.2M)0.0
Cash And Short Term Investments1.1M1.0M4.4M1.3M762.2K724.1K
Net Receivables966.7K2.3M2.2M1.7M1.5M1.3M
Common Stock Shares Outstanding435.9M8.3B1.2B1.6B2.0B2.1B
Liabilities And Stockholders Equity3.2M6.9M12.0M8.2M6.0M8.2M
Non Current Liabilities Total2.0M2.3M2.1M1.9M800.4K922.9K
Other Stockholder Equity(385.2K)(1.2M)(3.9M)(1.2M)(1.0M)(991.3K)
Total Liab2.3M5.5M4.9M4.7M2.5M3.3M
Property Plant And Equipment Gross1.1M9.1M10.0M10.2M11.8M12.4M
Total Current Assets2.1M3.4M6.6M3.0M2.4M3.9M
Accumulated Other Comprehensive Income495.7K118.3K3.2M2.3M2.5M3.7M
Short Term Debt151.8K1.4M2.1M2.1M1.1M1.1M
Common Stock78.6M81.1M88.9M89.0M92.4M97.0M
Other Current Assets58.4K49.1K53.4K56.8K1.6M1.7M
Property Plant Equipment1.1M3.2M5.1M5.0M5.8M6.1M
Long Term Debt1.3M1.8M1.7M1.6M1.9M1.1M
Other Liab1.3M1.8M1.7M1.7M1.9M1.1M
Net Tangible Assets880.9K1.1M6.9M3.3M3.8M4.0M
Short Long Term Debt2.1M28.9K1.3M2.0M2.3M1.6M
Long Term Debt Total2.0M2.3M2.1M1.9M2.2M1.9M
Net Invested Capital936.4K2.6M9.0M5.4M6.2M4.7M
Cash And Equivalents1.1M1.0M4.4M1.3M1.5M1.5M
Net Working Capital1.9M224.8K3.8M189.9K218.4K207.5K
Non Current Liabilities Other1.3M1.8M1.7M1.6M1.9M1.7M

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