Ecofin Historical Balance Sheet

EGL Stock   193.00  2.00  1.05%   
Trend analysis of Ecofin Global Utilities balance sheet accounts such as Other Current Liabilities of 4.3 M or Total Current Liabilities of 21.5 M provides information on Ecofin Global's total assets, liabilities, and equity, which is the actual value of Ecofin Global Utilities to its prevalent stockholders. By breaking down trends over time using Ecofin Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Ecofin Global Utilities latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ecofin Global Utilities is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecofin Global Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Ecofin Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ecofin Global Utilities at a specified time, usually calculated after every quarter, six months, or one year. Ecofin Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ecofin Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ecofin currently owns. An asset can also be divided into two categories, current and non-current.

Ecofin Global Balance Sheet Chart

At present, Ecofin Global's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 13.6 M, whereas Other Current Liabilities is forecasted to decline to about 4.3 M.

Total Assets

Total assets refers to the total amount of Ecofin Global 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 Ecofin Global Utilities 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.

Total Current Liabilities

Total Current Liabilities is an item on Ecofin Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ecofin Global Utilities are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.
Most accounts from Ecofin Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ecofin Global Utilities current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Ecofin Global Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Ecofin Global's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 13.6 M, whereas Other Current Liabilities is forecasted to decline to about 4.3 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total25.6M20.0M23.0M23.5M
Total Assets259.7M235.9M271.3M217.6M

Ecofin Global balance sheet Correlations

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Ecofin Global Account Relationship Matchups

Ecofin Global balance sheet Accounts

201920202021202220232024 (projected)
Total Assets181.8M233.3M259.7M235.9M271.3M217.6M
Short Long Term Debt Total22.8M35.9M25.6M20.0M23.0M23.5M
Other Current Liab2.6M850K26.2M7.4M8.5M4.3M
Total Current Liabilities25.4M36.7M26.7M27.9M32.1M21.5M
Total Stockholder Equity156.4M196.5M233.1M212.0M243.8M192.3M
Net Tangible Assets161.5M156.4M196.5M233.1M268.0M185.5M
Net Debt22.8M24.6M25.6M20.0M23.0M20.3M
Retained Earnings131.4M160.6M150.5M180.0M207.0M165.8M
Non Current Assets Total179.2M220.9M258.3M227.5M261.6M211.5M
Non Currrent Assets Other(179.2M)(220.9M)(258.3M)(227.5M)(204.8M)(215.0M)
Other Assets1.1M1.1M1.1M259.7M298.7M313.6M
Liabilities And Stockholders Equity181.8M233.3M259.7M235.9M271.3M217.6M
Non Current Liabilities Total22.8M35.9M26.7M20.0M23.0M23.7M
Other Current Assets2.6M2.2M1.4M8.4M9.7M10.2M
Other Stockholder Equity5.0M15.5M40.8M210.8M242.4M254.6M
Total Liab22.8M35.9M26.7M24.0M27.6M24.6M
Net Invested Capital179.2M232.4M258.7M232.0M266.8M215.8M
Long Term Investments179.2M220.9M258.3M227.5M261.6M211.5M
Total Current Assets1.5M11.3M1.4M8.4M9.7M5.4M
Accumulated Other Comprehensive Income150.5M180.0M191.1M160.3M184.3M173.7M
Short Term Debt22.8M35.9M25.6M20.0M23.0M23.5M
Common Stock950K1.0M1.1M1.2M1.3M1.1M
Capital Stock950K1.0M1.1M1.2M1.3M1.1M

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Other Information on Investing in Ecofin Stock

Balance Sheet is a snapshot of the financial position of Ecofin Global Utilities at a specified time, usually calculated after every quarter, six months, or one year. Ecofin Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ecofin Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ecofin currently owns. An asset can also be divided into two categories, current and non-current.