Ecovyst Net Tangible Assets vs Total Assets Analysis

ECVT Stock  USD 8.16  0.05  0.62%   
Ecovyst financial indicator trend analysis is much more than just examining Ecovyst latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ecovyst is a good investment. Please check the relationship between Ecovyst Net Tangible Assets and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecovyst. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ecovyst Stock please use our How to Invest in Ecovyst guide.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecovyst Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ecovyst's Net Tangible Assets and Total Assets is 0.22. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ecovyst, assuming nothing else is changed. The correlation between historical values of Ecovyst's Net Tangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ecovyst are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Ecovyst's Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of Ecovyst 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 Ecovyst 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.
Most indicators from Ecovyst's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecovyst 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 Ecovyst. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ecovyst Stock please use our How to Invest in Ecovyst guide.At this time, Ecovyst's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 21.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense37M37.2M44.7M67.4M
Depreciation And Amortization79.7M79.2M84.6M96.0M

Ecovyst fundamental ratios Correlations

0.970.840.990.960.960.070.960.10.950.411.00.070.410.930.940.250.980.940.40.920.980.940.990.580.88
0.970.770.940.870.96-0.071.00.160.950.280.980.020.280.920.950.041.00.940.290.821.00.90.930.520.94
0.840.770.850.850.660.250.74-0.130.650.580.840.570.580.60.610.410.790.640.820.860.80.810.870.380.55
0.990.940.850.970.940.150.930.020.940.490.990.060.490.920.910.330.950.920.410.950.960.940.990.660.85
0.960.870.850.970.890.190.850.060.910.490.950.090.490.890.860.490.870.890.460.970.880.920.980.620.77
0.960.960.660.940.89-0.040.960.260.990.240.96-0.190.240.980.990.130.950.990.120.830.950.880.920.580.96
0.07-0.070.250.150.19-0.04-0.11-0.68-0.010.770.040.030.770.02-0.110.68-0.04-0.060.30.32-0.020.020.210.31-0.22
0.961.00.740.930.850.96-0.110.210.940.230.970.010.230.910.960.01.00.940.270.80.990.890.910.50.95
0.10.16-0.130.020.060.26-0.680.210.21-0.810.12-0.21-0.810.180.32-0.370.130.32-0.33-0.150.120.07-0.03-0.260.39
0.950.950.650.940.910.99-0.010.940.210.280.96-0.220.280.990.990.190.940.980.120.850.940.880.930.610.94
0.410.280.580.490.490.240.770.23-0.810.280.380.231.00.290.160.670.320.190.540.650.340.420.540.530.04
1.00.980.840.990.950.960.040.970.120.960.380.070.380.930.940.230.980.950.390.910.990.940.980.570.89
0.070.020.570.060.09-0.190.030.01-0.21-0.220.230.070.23-0.29-0.230.130.06-0.20.90.130.060.120.09-0.25-0.22
0.410.280.580.490.490.240.770.23-0.810.281.00.380.230.290.160.670.320.190.540.650.340.420.540.530.04
0.930.920.60.920.890.980.020.910.180.990.290.93-0.290.290.980.210.910.970.060.840.910.870.910.640.92
0.940.950.610.910.860.99-0.110.960.320.990.160.94-0.230.160.980.060.940.990.070.780.940.860.890.560.97
0.250.040.410.330.490.130.680.0-0.370.190.670.230.130.670.210.060.060.130.450.570.080.250.390.3-0.11
0.981.00.790.950.870.95-0.041.00.130.940.320.980.060.320.910.940.060.930.330.841.00.90.930.510.92
0.940.940.640.920.890.99-0.060.940.320.980.190.95-0.20.190.970.990.130.930.10.80.930.870.90.550.97
0.40.290.820.410.460.120.30.27-0.330.120.540.390.90.540.060.070.450.330.10.530.340.430.450.070.0
0.920.820.860.950.970.830.320.8-0.150.850.650.910.130.650.840.780.570.840.80.530.850.890.970.660.66
0.981.00.80.960.880.95-0.020.990.120.940.340.990.060.340.910.940.081.00.930.340.850.910.940.530.92
0.940.90.810.940.920.880.020.890.070.880.420.940.120.420.870.860.250.90.870.430.890.910.940.580.8
0.990.930.870.990.980.920.210.91-0.030.930.540.980.090.540.910.890.390.930.90.450.970.940.940.620.81
0.580.520.380.660.620.580.310.5-0.260.610.530.57-0.250.530.640.560.30.510.550.070.660.530.580.620.46
0.880.940.550.850.770.96-0.220.950.390.940.040.89-0.220.040.920.97-0.110.920.970.00.660.920.80.810.46
Click cells to compare fundamentals

Ecovyst Account Relationship Matchups

Ecovyst fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B3.2B1.9B1.9B1.8B2.4B
Short Long Term Debt Total2.0B1.4B911.8M903.1M900.2M1.2B
Other Current Liab102.2M149.5M59.4M62.8M50.9M66.1M
Total Current Liabilities269.6M201.9M145.1M129.4M119.1M151.8M
Total Stockholder Equity1.8B1.3B740.7M707.3M705.5M867.2M
Property Plant And Equipment Net1.2B620.7M626.3M613.2M601.2M694.0M
Net Debt1.9B1.3B770.9M792.2M811.8M1.2B
Retained Earnings103M(175.8M)(315.7M)(242M)(170.9M)(162.3M)
Accounts Payable144.4M38.1M51.9M40.0M40.2M67.3M
Cash72.3M113.4M140.9M110.9M88.4M91.2M
Non Current Assets Total3.8B2.8B1.6B1.6B1.6B2.1B
Non Currrent Assets Other(118.9M)986.0M(111.3M)(101.6M)10.3M9.8M
Cash And Short Term Investments72.3M113.4M140.9M110.9M88.4M91.2M
Net Receivables179.6M45.9M80.8M74.8M81.3M93.1M
Good Will1.3B391.6M406.1M403.2M404.5M620.4M
Common Stock Shares Outstanding135.5M135.5M136.2M135.1M119.5M133.2M
Liabilities And Stockholders Equity4.3B3.2B1.9B1.9B1.8B2.4B
Non Current Liabilities Total2.3B1.7B1.0B1.0B1.0B1.4B
Inventory280.9M52.8M53.8M44.4M45.1M42.9M
Other Current Assets35.8M216.6M16.2M37.7M31.2M53.7M
Other Stockholder Equity1.7B1.5B1.1B941.9M875.9M1.3B
Total Liab2.5B1.9B1.2B1.2B1.1B1.5B
Property Plant And Equipment Gross1.2B1.0B626.3M613.2M1.1B772.0M
Total Current Assets568.6M428.7M291.7M267.7M246.0M308.8M
Accumulated Other Comprehensive Income(15.4M)(15.3M)(5.8M)6M(958K)(1.0M)
Short Term Debt23M8.9M21.8M20.0M20.3M20.3M
Intangible Assets676.4M137.4M145.6M129.9M116.6M110.7M
Common Stock Total Equity1.4M1.4M1.4M1.4M1.6M1.3M
Other Liab384.8M284.8M150.9M152.3M137.1M210.9M
Net Tangible Assets250.6M33.1M189M174.1M200.3M210.3M
Other Assets691.0M542.4M15.4M18.7M16.9M16.0M
Long Term Debt1.9B1.4B872.8M865.9M858.9M1.2B
Net Invested Capital3.7B2.7B1.6B1.6B1.6B2.1B
Long Term Investments472.9M458.5M446.1M436M440.2M364.7M
Short Long Term Debt7.2M7.8M6.5M9M8.1M10.7M
Non Current Liabilities Other4.3M4.0M24.2M25.8M71K67.5K
Net Working Capital299.1M226.8M146.6M138.3M126.9M171.6M

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Additional Tools for Ecovyst Stock Analysis

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