ERecord Short Term Debt vs Inventory Analysis

ERMG Stock  USD 0.0002  0.00  0.00%   
ERecord Management financial indicator trend analysis is much more than just examining ERecord Management latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ERecord Management is a good investment. Please check the relationship between ERecord Management Short Term Debt and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ERecord Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in ERecord Stock please use our How to Invest in ERecord Management guide.

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ERecord Management Short Term Debt account and Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ERecord Management's Short Term Debt and Inventory is 0.12. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of ERecord Management, assuming nothing else is changed. The correlation between historical values of ERecord Management's Short Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of ERecord Management are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Debt i.e., ERecord Management's Short Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Inventory

Most indicators from ERecord Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ERecord Management 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 ERecord Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in ERecord Stock please use our How to Invest in ERecord Management guide.The ERecord Management's current Selling General Administrative is estimated to increase to about 691 K, while Enterprise Value Over EBITDA is projected to decrease to (1.45).

ERecord Management fundamental ratios Correlations

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-0.96-0.98-0.94-0.92-0.97-0.97-0.98-0.99-0.980.5-0.980.910.89-0.32-0.94-0.320.84-0.32-0.32
0.960.99-0.941.00.990.990.990.980.99-0.620.99-0.95-0.930.00.970.0-0.890.00.0
0.960.98-0.921.00.990.990.980.970.98-0.680.98-0.96-0.95-0.070.97-0.07-0.92-0.07-0.07
0.991.0-0.970.990.991.01.00.991.0-0.671.0-0.98-0.970.070.990.07-0.930.070.07
0.981.0-0.970.990.991.01.01.01.0-0.621.0-0.96-0.940.10.980.1-0.90.10.1
0.981.0-0.980.990.981.01.01.01.0-0.61.0-0.95-0.940.130.980.13-0.90.130.13
0.981.0-0.990.980.970.991.01.01.0-0.591.0-0.95-0.930.160.970.16-0.890.160.16
0.981.0-0.980.990.981.01.01.01.0-0.611.0-0.96-0.940.120.980.12-0.90.120.12
-0.73-0.60.5-0.62-0.68-0.67-0.62-0.6-0.59-0.61-0.610.810.840.47-0.750.470.890.470.47
0.981.0-0.980.990.981.01.01.01.01.0-0.61-0.96-0.940.120.980.12-0.90.120.12
-0.99-0.950.91-0.95-0.96-0.98-0.96-0.95-0.95-0.960.81-0.961.00.06-1.00.060.990.060.06
-0.98-0.940.89-0.93-0.95-0.97-0.94-0.94-0.93-0.940.84-0.941.00.09-0.990.090.990.090.09
0.080.13-0.320.0-0.070.070.10.130.160.120.470.120.060.090.021.00.151.01.0
1.00.98-0.940.970.970.990.980.980.970.98-0.750.98-1.0-0.990.020.02-0.970.020.02
0.080.13-0.320.0-0.070.070.10.130.160.120.470.120.060.091.00.020.151.01.0
-0.96-0.90.84-0.89-0.92-0.93-0.9-0.9-0.89-0.90.89-0.90.990.990.15-0.970.150.150.15
0.080.13-0.320.0-0.070.070.10.130.160.120.470.120.060.091.00.021.00.151.0
0.080.13-0.320.0-0.070.070.10.130.160.120.470.120.060.091.00.021.00.151.0
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ERecord Management Account Relationship Matchups

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When determining whether ERecord Management is a strong investment it is important to analyze ERecord Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ERecord Management's future performance. For an informed investment choice regarding ERecord Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ERecord Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in ERecord Stock please use our How to Invest in ERecord Management guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ERecord Management. If investors know ERecord will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ERecord Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
1.148
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.51)
Return On Equity
(1.15)
The market value of ERecord Management is measured differently than its book value, which is the value of ERecord that is recorded on the company's balance sheet. Investors also form their own opinion of ERecord Management's value that differs from its market value or its book value, called intrinsic value, which is ERecord Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ERecord Management's market value can be influenced by many factors that don't directly affect ERecord Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ERecord Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERecord Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERecord Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.