EcoSynthetix Stock Based Compensation vs Net Income Analysis

ECO Stock

CAD 4.06 0.04 0.98%

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

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EcoSynthetix Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between EcoSynthetix's Stock Based Compensation and Net Income is -0.2. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of EcoSynthetix, assuming nothing else is changed. The correlation between historical values of EcoSynthetix's Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of EcoSynthetix are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., EcoSynthetix's Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in EcoSynthetix financial statement analysis. It represents the amount of money remaining after all of EcoSynthetix operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

As of the 21st of July 2025, Enterprise Value is likely to grow to about 177.7 M, while Selling General Administrative is likely to drop about 5.8 M.

	2022	2023	2024	2025 (projected)
Gross Profit	4.2M	2.8M	5.3M	4.0M
Total Revenue	19.0M	12.7M	18.5M	14.2M

Gross Profit Total Revenue

EcoSynthetix fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Accounts Payable	Non Currrent Assets Other	Common Stock Total Equity	Common Stock	Capital Surpluse	Property Plant Equipment
Total Assets		0.17	0.63	0.73	0.91	-0.93	0.1	0.93	0.49	0.98	0.66	-0.15	-0.25	0.87	-0.1	0.6	-0.22	-0.02	0.98	0.9	0.46	0.23	0.25	0.14	-0.72	0.7
Other Current Liab	0.17		0.73	-0.49	-0.03	-0.4	0.92	0.39	0.03	0.17	0.6	-0.79	0.83	0.06	-0.42	0.08	0.84	-0.48	0.18	0.16	0.74	0.01	0.33	0.25	-0.68	0.61
Total Current Liabilities	0.63	0.73		0.05	0.32	-0.69	0.63	0.68	0.26	0.61	0.83	-0.71	0.41	0.62	-0.28	0.6	0.45	-0.2	0.63	0.69	0.93	-0.11	0.19	0.12	-0.68	0.59
Total Stockholder Equity	0.73	-0.49	0.05		0.81	-0.53	-0.61	0.53	0.53	0.68	0.13	0.52	-0.84	0.65	0.09	0.38	-0.83	0.32	0.68	0.61	-0.18	0.3	0.1	0.07	-0.2	0.2
Property Plant And Equipment Net	0.91	-0.03	0.32	0.81		-0.81	-0.12	0.81	0.57	0.87	0.46	0.18	-0.43	0.69	0.0	0.28	-0.41	-0.02	0.87	0.72	0.13	0.5	0.24	0.13	-0.64	0.68
Net Debt	-0.93	-0.4	-0.69	-0.53	-0.81		-0.32	-1.0	-0.4	-0.92	-0.66	0.32	0.02	-0.76	0.17	-0.52	-0.01	0.05	-0.92	-0.78	-0.54	-0.3	-0.36	-0.27	0.87	-0.79
Retained Earnings	0.1	0.92	0.63	-0.61	-0.12	-0.32		0.31	-0.2	0.14	0.56	-0.91	0.94	0.06	-0.3	0.12	0.95	-0.49	0.15	0.11	0.78	-0.13	0.27	0.22	-0.57	0.54
Cash	0.93	0.39	0.68	0.53	0.81	-1.0	0.31		0.39	0.92	0.66	-0.31	-0.03	0.76	-0.16	0.53	0.0	-0.04	0.93	0.79	0.53	0.29	0.35	0.26	-0.86	0.78
Non Current Assets Total	0.49	0.03	0.26	0.53	0.57	-0.4	-0.2	0.39		0.3	0.31	0.26	-0.36	0.45	-0.15	0.1	-0.35	0.06	0.33	0.33	0.04	0.49	0.21	0.11	-0.41	0.36
Cash And Short Term Investments	0.98	0.17	0.61	0.68	0.87	-0.92	0.14	0.92	0.3		0.63	-0.2	-0.2	0.82	-0.08	0.61	-0.17	-0.06	1.0	0.89	0.47	0.18	0.23	0.13	-0.69	0.7
Net Receivables	0.66	0.6	0.83	0.13	0.46	-0.66	0.56	0.66	0.31	0.63		-0.51	0.32	0.62	-0.35	0.33	0.35	-0.16	0.66	0.75	0.77	-0.1	0.21	0.15	-0.62	0.56
Common Stock Shares Outstanding	-0.15	-0.79	-0.71	0.52	0.18	0.32	-0.91	-0.31	0.26	-0.2	-0.51		-0.84	-0.21	0.23	-0.46	-0.86	0.42	-0.22	-0.21	-0.87	0.32	-0.13	-0.08	0.45	-0.42
Non Current Liabilities Total	-0.25	0.83	0.41	-0.84	-0.43	0.02	0.94	-0.03	-0.36	-0.2	0.32	-0.84		-0.24	-0.23	-0.08	1.0	-0.48	-0.19	-0.18	0.61	-0.23	0.1	0.07	-0.29	0.27
Inventory	0.87	0.06	0.62	0.65	0.69	-0.76	0.06	0.76	0.45	0.82	0.62	-0.21	-0.24		0.05	0.73	-0.21	0.25	0.85	0.85	0.51	-0.03	0.15	0.1	-0.54	0.41
Other Current Assets	-0.1	-0.42	-0.28	0.09	0.0	0.17	-0.3	-0.16	-0.15	-0.08	-0.35	0.23	-0.23	0.05		-0.09	-0.24	0.44	-0.08	-0.05	-0.27	-0.03	-0.71	-0.54	0.28	-0.3
Other Stockholder Equity	0.6	0.08	0.6	0.38	0.28	-0.52	0.12	0.53	0.1	0.61	0.33	-0.46	-0.08	0.73	-0.09		-0.06	-0.01	0.63	0.6	0.6	-0.23	0.09	0.07	-0.29	0.26
Total Liab	-0.22	0.84	0.45	-0.83	-0.41	-0.01	0.95	0.0	-0.35	-0.17	0.35	-0.86	1.0	-0.21	-0.24	-0.06		-0.48	-0.16	-0.15	0.64	-0.23	0.11	0.08	-0.32	0.29
Property Plant And Equipment Gross	-0.02	-0.48	-0.2	0.32	-0.02	0.05	-0.49	-0.04	0.06	-0.06	-0.16	0.42	-0.48	0.25	0.44	-0.01	-0.48		-0.04	0.11	-0.3	-0.26	-0.21	-0.07	0.31	-0.57
Total Current Assets	0.98	0.18	0.63	0.68	0.87	-0.92	0.15	0.93	0.33	1.0	0.66	-0.22	-0.19	0.85	-0.08	0.63	-0.16	-0.04		0.9	0.5	0.15	0.23	0.13	-0.7	0.69
Intangible Assets	0.9	0.16	0.69	0.61	0.72	-0.78	0.11	0.79	0.33	0.89	0.75	-0.21	-0.18	0.85	-0.05	0.6	-0.15	0.11	0.9		0.54	-0.14	0.05	-0.03	-0.49	0.46
Accounts Payable	0.46	0.74	0.93	-0.18	0.13	-0.54	0.78	0.53	0.04	0.47	0.77	-0.87	0.61	0.51	-0.27	0.6	0.64	-0.3	0.5	0.54		-0.22	0.19	0.11	-0.58	0.52
Non Currrent Assets Other	0.23	0.01	-0.11	0.3	0.5	-0.3	-0.13	0.29	0.49	0.18	-0.1	0.32	-0.23	-0.03	-0.03	-0.23	-0.23	-0.26	0.15	-0.14	-0.22		0.31	0.23	-0.47	0.52
Common Stock Total Equity	0.25	0.33	0.19	0.1	0.24	-0.36	0.27	0.35	0.21	0.23	0.21	-0.13	0.1	0.15	-0.71	0.09	0.11	-0.21	0.23	0.05	0.19	0.31		0.9	-0.52	0.46
Common Stock	0.14	0.25	0.12	0.07	0.13	-0.27	0.22	0.26	0.11	0.13	0.15	-0.08	0.07	0.1	-0.54	0.07	0.08	-0.07	0.13	-0.03	0.11	0.23	0.9		-0.37	0.3
Capital Surpluse	-0.72	-0.68	-0.68	-0.2	-0.64	0.87	-0.57	-0.86	-0.41	-0.69	-0.62	0.45	-0.29	-0.54	0.28	-0.29	-0.32	0.31	-0.7	-0.49	-0.58	-0.47	-0.52	-0.37		-0.92
Property Plant Equipment	0.7	0.61	0.59	0.2	0.68	-0.79	0.54	0.78	0.36	0.7	0.56	-0.42	0.27	0.41	-0.3	0.26	0.29	-0.57	0.69	0.46	0.52	0.52	0.46	0.3	-0.92

Click cells to compare fundamentals

EcoSynthetix Account Relationship Matchups

EcoSynthetix fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	51.7M	51.0M	48.2M	42.8M	41.3M	55.0M
Other Current Liab	380.1K	1.1M	1.1M	449.6K	404.6K	384.4K
Total Current Liabilities	1.2M	2.4M	2.6M	1.6M	1.9M	2.3M
Total Stockholder Equity	49.5M	47.8M	45.1M	41.0M	39.3M	45.2M
Property Plant And Equipment Net	5.6M	4.7M	3.9M	4.3M	3.8M	5.8M
Net Debt	(15.3M)	(41.2M)	(4.0M)	(4.3M)	(5.0M)	(5.2M)
Retained Earnings	(451.2M)	(454.4M)	(456.7M)	(459.5M)	(460.9M)	(484.0M)
Cash	16.6M	42.2M	4.8M	4.9M	7.7M	7.3M
Non Current Assets Total	5.6M	4.7M	14.0M	4.3M	3.8M	7.2M
Cash And Short Term Investments	42.0M	42.2M	25.9M	33.3M	32.2M	42.4M
Net Receivables	1.9M	1.9M	2.9M	1.1M	2.0M	2.1M
Common Stock Shares Outstanding	57.2M	57.4M	58.9M	58.9M	58.5M	57.0M
Liabilities And Stockholders Equity	51.7M	51.0M	48.2M	42.8M	41.3M	55.0M
Inventory	2.1M	2.1M	5.3M	3.6M	2.8M	3.3M
Other Current Assets	69.6K	91.9K	85.1K	532.5K	612.3K	643.0K
Other Stockholder Equity	10.4M	9.9M	10.1M	10.3M	9.2M	8.8M
Total Liab	2.3M	3.2M	3.1M	1.9M	1.9M	1.8M
Property Plant And Equipment Gross	5.6M	18.9M	18.8M	18.8M	17.4M	12.2M
Total Current Assets	46.1M	46.3M	34.2M	38.6M	37.4M	47.9M
Accounts Payable	560.3K	959.6K	1.3M	831.5K	729.0K	1.1M
Non Currrent Assets Other	(6.7M)	(5.6M)	(4.7M)	(14.0M)	(12.6M)	(12.0M)
Common Stock	490.3M	492.3M	491.7M	490.3M	489.2M	393.4M
Capital Surpluse	10.4M	9.9M	10.1M	10.3M	11.0M	10.8M
Property Plant Equipment	5.6M	4.7M	3.9M	4.3M	3.8M	4.7M
Net Tangible Assets	52.2M	49.5M	47.8M	45.1M	40.5M	42.4M
Short Term Debt	30.6M	200.8K	238.7K	255.9K	275.8K	326.1K
Short Term Investments	25.3M	0.0	21.1M	28.4M	24.5M	19.6M
Net Invested Capital	49.5M	47.8M	45.1M	41.0M	39.3M	38.7M
Net Working Capital	44.9M	43.9M	31.6M	37.0M	35.5M	33.9M
Capital Stock	490.3M	492.3M	491.7M	490.3M	489.2M	392.7M
Short Long Term Debt Total	1.3M	1.1M	819.5K	584.4K	525.9K	826.9K
Capital Lease Obligations	1.3M	1.1M	819.5K	584.4K	237.8K	225.9K

Pair Trading with EcoSynthetix

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 EcoSynthetix 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 EcoSynthetix will appreciate offsetting losses from the drop in the long position's value.

Moving against EcoSynthetix Stock

0.39	OM	Osisko Metals	Pair Corr
0.36	MGC-H	Midasco Capital Corp	Pair Corr
0.34	SBIO	Sabio Holdings	Pair Corr

The ability to find closely correlated positions to EcoSynthetix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoSynthetix 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 EcoSynthetix - 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 EcoSynthetix to buy it.

The correlation of EcoSynthetix 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 EcoSynthetix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoSynthetix 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 EcoSynthetix 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 Correlation Correlation Matching

Other Information on Investing in EcoSynthetix Stock

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

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EcoSynthetix Stock Based Compensation vs Net Income Analysis

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Net Income

EcoSynthetix fundamental ratios Correlations

EcoSynthetix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EcoSynthetix fundamental ratios Accounts

Pair Trading with EcoSynthetix

Moving against EcoSynthetix Stock

Other Information on Investing in EcoSynthetix Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.95	Retained Earnings
Non Current Liabilities Total	+ 0.94	Retained Earnings

Cash	- 1.0	Net Debt
Net Debt	- 0.93	Total Assets
Property Plant Equipment	- 0.92	Capital Surpluse
Total Current Assets	- 0.92	Net Debt
Cash And Short Term Investments	- 0.92	Net Debt
Common Stock Shares Outstanding	- 0.91	Retained Earnings