Eco Historical Balance Sheet

EOG Stock  CAD 0.19  0.01  5.56%   
Trend analysis of Eco Atlantic Oil balance sheet accounts such as Total Stockholder Equity of 15.3 M or Accounts Payable of 1.1 M provides information on Eco Atlantic's total assets, liabilities, and equity, which is the actual value of Eco Atlantic Oil to its prevalent stockholders. By breaking down trends over time using Eco Atlantic 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 Eco Atlantic Oil 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 Eco Atlantic Oil is a good buy for the upcoming year.

Eco Atlantic Inventory

(70,445.55)

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Atlantic Oil. 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.

About Eco Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Eco Atlantic Oil at a specified time, usually calculated after every quarter, six months, or one year. Eco Atlantic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eco Atlantic 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 Eco currently owns. An asset can also be divided into two categories, current and non-current.

Eco Atlantic Balance Sheet Chart

At this time, Eco Atlantic's Net Tangible Assets are fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 49.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 15.3 M in 2024.

Total Assets

Total assets refers to the total amount of Eco Atlantic 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 Eco Atlantic Oil 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 Eco Atlantic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eco Atlantic Oil 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.

Accounts Payable

An accounting item on the balance sheet that represents Eco Atlantic obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eco Atlantic Oil are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Eco Atlantic's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eco Atlantic Oil 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 Eco Atlantic Oil. 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, Eco Atlantic's Net Tangible Assets are fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 49.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 15.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities5.6M5.0M1.2M1.4M
Total Assets45.9M55.6M31.3M16.7M

Eco Atlantic balance sheet Correlations

0.791.00.02-0.680.77-0.02-0.020.73-0.170.690.740.790.070.70.73-0.140.890.690.490.32-0.09-0.890.84-0.220.78
0.790.740.23-0.370.87-0.23-0.240.410.40.770.641.0-0.120.610.4-0.360.760.380.610.05-0.2-0.830.690.310.52
1.00.74-0.01-0.70.740.010.010.74-0.230.660.730.740.10.690.74-0.110.880.710.460.35-0.08-0.870.83-0.280.79
0.020.23-0.01-0.170.29-1.0-1.00.050.10.220.370.22-0.990.060.1-0.770.390.010.14-0.61-0.21-0.20.430.090.08
-0.68-0.37-0.7-0.17-0.490.180.18-0.980.37-0.23-0.66-0.380.15-0.33-0.990.16-0.8-0.88-0.2-0.260.040.47-0.850.34-0.93
0.770.870.740.29-0.49-0.29-0.290.540.230.470.50.87-0.20.290.54-0.390.780.410.82-0.03-0.18-0.760.740.290.5
-0.02-0.230.01-1.00.18-0.291.0-0.05-0.1-0.22-0.38-0.220.99-0.06-0.110.77-0.4-0.01-0.140.60.230.2-0.44-0.09-0.09
-0.02-0.240.01-1.00.18-0.291.0-0.05-0.1-0.21-0.38-0.230.99-0.06-0.10.78-0.40.01-0.150.590.290.19-0.44-0.1-0.09
0.730.410.740.05-0.980.54-0.05-0.05-0.350.230.630.42-0.020.330.99-0.080.80.860.260.36-0.05-0.50.83-0.310.94
-0.170.4-0.230.10.370.23-0.1-0.1-0.350.13-0.180.4-0.06-0.17-0.4-0.18-0.18-0.380.25-0.21-0.120.06-0.230.95-0.3
0.690.770.660.22-0.230.47-0.22-0.210.230.130.750.78-0.110.890.24-0.230.650.410.150.04-0.03-0.840.56-0.10.43
0.740.640.730.37-0.660.5-0.38-0.380.63-0.180.750.63-0.320.760.66-0.450.860.630.10.06-0.22-0.690.85-0.320.77
0.791.00.740.22-0.380.87-0.22-0.230.420.40.780.63-0.110.620.41-0.350.760.40.610.05-0.15-0.850.690.310.52
0.07-0.120.1-0.990.15-0.20.990.99-0.02-0.06-0.11-0.32-0.110.02-0.070.77-0.330.04-0.060.610.270.08-0.38-0.07-0.05
0.70.610.690.06-0.330.29-0.06-0.060.33-0.170.890.760.620.020.35-0.120.640.49-0.030.23-0.06-0.760.58-0.40.58
0.730.40.740.1-0.990.54-0.11-0.10.99-0.40.240.660.41-0.070.35-0.130.820.880.250.3-0.03-0.520.86-0.360.93
-0.14-0.36-0.11-0.770.16-0.390.770.78-0.08-0.18-0.23-0.45-0.350.77-0.12-0.13-0.44-0.04-0.040.570.340.2-0.47-0.18-0.15
0.890.760.880.39-0.80.78-0.4-0.40.8-0.180.650.860.76-0.330.640.82-0.440.720.430.1-0.2-0.830.99-0.220.85
0.690.380.710.01-0.880.41-0.010.010.86-0.380.410.630.40.040.490.88-0.040.720.070.160.21-0.590.74-0.410.83
0.490.610.460.14-0.20.82-0.14-0.150.260.250.150.10.61-0.06-0.030.25-0.040.430.070.02-0.13-0.510.380.380.15
0.320.050.35-0.61-0.26-0.030.60.590.36-0.210.040.060.050.610.230.30.570.10.160.02-0.01-0.10.08-0.240.41
-0.09-0.2-0.08-0.210.04-0.180.230.29-0.05-0.12-0.03-0.22-0.150.27-0.06-0.030.34-0.20.21-0.13-0.01-0.11-0.23-0.17-0.17
-0.89-0.83-0.87-0.20.47-0.760.20.19-0.50.06-0.84-0.69-0.850.08-0.76-0.520.2-0.83-0.59-0.51-0.1-0.11-0.750.17-0.57
0.840.690.830.43-0.850.74-0.44-0.440.83-0.230.560.850.69-0.380.580.86-0.470.990.740.380.08-0.23-0.75-0.250.88
-0.220.31-0.280.090.340.29-0.09-0.1-0.310.95-0.1-0.320.31-0.07-0.4-0.36-0.18-0.22-0.410.38-0.24-0.170.17-0.25-0.34
0.780.520.790.08-0.930.5-0.09-0.090.94-0.30.430.770.52-0.050.580.93-0.150.850.830.150.41-0.17-0.570.88-0.34
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Eco Atlantic Account Relationship Matchups

Eco Atlantic balance sheet Accounts

201920202021202220232024 (projected)
Total Assets19.9M16.9M45.9M55.6M31.3M16.7M
Total Current Liabilities350.4K621.2K5.6M5.0M1.2M1.4M
Total Stockholder Equity19.5M16.0M40.2M50.7M30.0M15.3M
Net Debt(18.7M)(11.5M)(3.4M)(4.1M)(3.0M)(3.1M)
Retained Earnings(38.7M)(44.8M)(51.4M)(88.0M)(109.1M)(103.6M)
Accounts Payable350.4K501.0K1.9M4.3M1.0M1.1M
Cash18.7M11.8M3.4M4.1M3.0M2.8M
Cash And Short Term Investments18.7M13.4M3.5M4.1M3.0M2.8M
Common Stock Shares Outstanding182.8M184.7M202.7M366.0M369.3M387.8M
Liabilities And Stockholders Equity19.9M16.9M45.9M55.6M31.3M16.7M
Other Current Assets64.7K243.4K2.1M646.3K67.1K63.7K
Other Stockholder Equity2.4M2.7M29.5M17.6M17.7M18.6M
Total Liab350.4K947.1K5.6M5.0M1.2M1.4M
Total Current Assets18.8M13.6M5.8M6.2M3.1M2.9M
Accumulated Other Comprehensive Income251.4K(930.4K)(1.0M)(538.1K)(647.8K)(615.4K)
Common Stock55.6M59.1M63.1M121.6M122.1M128.2M
Non Current Assets Total1.1M3.3M40.0M49.5M28.2M29.6M
Net Receivables65.6K262.8K285.4K2.0M115.1K109.3K
Short Term Investments52.8K1.6M52.6K13.1K15.1K14.3K
Intangible Assets1.1M2.5M30.8M40.9M28.2M29.6M
Current Deferred Revenue521.5K423.5K122.1K387.8K110.9K105.4K
Net Tangible Assets25.1M19.6M16.0M40.2M46.3M48.6M
Property Plant Equipment1.1M1.4M30.8M40.9M47.0M49.3M
Short Term Debt0.281.023.0K(387.8K)(110.9K)(105.4K)
Net Invested Capital19.5M16.0M40.2M50.7M30.0M29.5M
Net Working Capital18.5M13.0M191.7K1.2M1.8M1.8M
Capital Stock55.6M59.1M63.1M121.6M122.1M84.1M

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Additional Tools for Eco Stock Analysis

When running Eco Atlantic's price analysis, check to measure Eco Atlantic'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 Eco Atlantic is operating at the current time. Most of Eco Atlantic's value examination focuses on studying past and present price action to predict the probability of Eco Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Atlantic's price. Additionally, you may evaluate how the addition of Eco Atlantic to your portfolios can decrease your overall portfolio volatility.