Electric Total Stockholder Equity vs Short Term Debt Analysis

Stocks . USA . 
Stock . Electric Car
ELCR Stock  USD 0.0001  0.00  0.00%   
Electric Car financial indicator trend analysis is much more than just examining Electric Car latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electric Car is a good investment. Please check the relationship between Electric Car Total Stockholder Equity and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electric Car. 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.
To learn how to invest in Electric Stock, please use our How to Invest in Electric Car guide.

Total Stockholder Equity vs Short Term Debt

Total Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electric Car Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Electric Car's Total Stockholder Equity and Short Term Debt is -0.92. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Electric Car, assuming nothing else is changed. The correlation between historical values of Electric Car's Total Stockholder Equity and Short Term 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 Total Stockholder Equity of Electric Car are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., Electric Car's Total Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Short Term Debt

Most indicators from Electric Car's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electric Car 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 Electric Car. 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.
To learn how to invest in Electric Stock, please use our How to Invest in Electric Car guide.As of 12/11/2024, Selling General Administrative is likely to grow to about 2 M, while Sales General And Administrative To Revenue is likely to drop 1.40.
 2010 2011 2023 2024 (projected)
Gross Profit774.038.6K44.4K46.6K
Total Revenue1.3K1.1M1.3M1.4M

Electric Car fundamental ratios Correlations

Total Assets
Total Current Liabilities
Total Stockholder Equity
Net Tangible Assets
Retained Earnings
Inventory
Total Liab
Short Long Term Debt
Total Current Assets
Short Term Debt
Intangible Assets
Common Stock
Accounts Payable
Cash
Net Receivables
Other Current Liab
Other Liab
Other Assets
Other Current Assets
Total Assets
1.0-0.91-0.91-0.891.01.01.01.01.01.01.01.01.01.0-0.330.32-0.33-0.33
Total Current Liabilities
1.0-0.92-0.91-0.91.01.01.01.01.01.01.01.01.01.0-0.330.31-0.33-0.33
Total Stockholder Equity
-0.91-0.921.01.0-0.92-0.92-0.92-0.92-0.92-0.89-0.91-0.92-0.92-0.92-0.070.05-0.07-0.07
Net Tangible Assets
-0.91-0.911.01.0-0.91-0.91-0.91-0.92-0.91-0.88-0.91-0.92-0.92-0.92-0.080.06-0.08-0.08
Retained Earnings
-0.89-0.91.01.0-0.89-0.9-0.89-0.9-0.89-0.86-0.89-0.9-0.9-0.9-0.120.1-0.12-0.12
Inventory
1.01.0-0.92-0.91-0.891.01.01.01.01.01.01.01.01.0-0.330.31-0.33-0.33
Total Liab
1.01.0-0.92-0.91-0.91.01.01.01.01.01.01.01.01.0-0.330.31-0.33-0.33
Short Long Term Debt
1.01.0-0.92-0.91-0.891.01.01.01.01.01.01.01.01.0-0.330.32-0.33-0.33
Total Current Assets
1.01.0-0.92-0.92-0.91.01.01.01.01.01.01.01.01.0-0.330.31-0.33-0.33
Short Term Debt
1.01.0-0.92-0.91-0.891.01.01.01.01.01.01.01.01.0-0.330.32-0.33-0.33
Intangible Assets
1.01.0-0.89-0.88-0.861.01.01.01.01.01.01.01.01.0-0.40.37-0.4-0.4
Common Stock
1.01.0-0.91-0.91-0.891.01.01.01.01.01.01.01.01.0-0.350.33-0.35-0.35
Accounts Payable
1.01.0-0.92-0.92-0.91.01.01.01.01.01.01.01.01.0-0.330.31-0.33-0.33
Cash
1.01.0-0.92-0.92-0.91.01.01.01.01.01.01.01.01.0-0.330.31-0.33-0.33
Net Receivables
1.01.0-0.92-0.92-0.91.01.01.01.01.01.01.01.01.0-0.330.31-0.33-0.33
Other Current Liab
-0.33-0.33-0.07-0.08-0.12-0.33-0.33-0.33-0.33-0.33-0.4-0.35-0.33-0.33-0.33-0.821.01.0
Other Liab
0.320.310.050.060.10.310.310.320.310.320.370.330.310.310.31-0.82-0.82-0.82
Other Assets
-0.33-0.33-0.07-0.08-0.12-0.33-0.33-0.33-0.33-0.33-0.4-0.35-0.33-0.33-0.331.0-0.821.0
Other Current Assets
-0.33-0.33-0.07-0.08-0.12-0.33-0.33-0.33-0.33-0.33-0.4-0.35-0.33-0.33-0.331.0-0.821.0
Click cells to compare fundamentals

Electric Car Account Relationship Matchups

High Positive Relationship

Total Current Liabilities
+ 1.0
Total Assets
Inventory
+ 1.0
Total Assets
Total Liab
+ 1.0
Total Assets
Short Long Term Debt
+ 1.0
Total Assets
Total Current Assets
+ 1.0
Total Assets
Short Term Debt
+ 1.0
Total Assets

High Negative Relationship

Net Receivables
- 0.92
Net Tangible Assets
Cash
- 0.92
Net Tangible Assets
Accounts Payable
- 0.92
Net Tangible Assets
Total Current Assets
- 0.92
Net Tangible Assets
Net Receivables
- 0.92
Total Stockholder Equity
Cash
- 0.92
Total Stockholder Equity

Pair Trading with Electric Car

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Electric Car position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Electric Car will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Electric Car could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electric Car when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Electric Car - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Electric Car to buy it.
The correlation of Electric Car is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Electric Car moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electric Car moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Electric Car can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Electric Stock Analysis

When running Electric Car's price analysis, check to measure Electric Car's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electric Car is operating at the current time. Most of Electric Car's value examination focuses on studying past and present price action to predict the probability of Electric Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Car's price. Additionally, you may evaluate how the addition of Electric Car to your portfolios can decrease your overall portfolio volatility.
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