Eco Net Working Capital vs Total Stockholder Equity Analysis

WAVE Stock

USD 14.00 0.43 3.17%

Eco Wave financial indicator trend analysis is much more than just examining Eco Wave Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eco Wave Power is a good investment. Please check the relationship between Eco Wave Net Working Capital and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. 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.

Net Working Capital vs Total Stockholder Equity

Net Working Capital vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eco Wave Power Net Working Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Eco Wave's Net Working Capital and Total Stockholder Equity is -0.09. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Eco Wave Power, assuming nothing else is changed. The correlation between historical values of Eco Wave's Net Working Capital and Total Stockholder Equity 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 Working Capital of Eco Wave Power are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Working Capital i.e., Eco Wave's Net Working Capital and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

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.

Most indicators from Eco Wave's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eco Wave Power 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. 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.

As of December 27, 2024, Selling General Administrative is expected to decline to about 1.8 M. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	248K	209K	170K	161.5K
Total Operating Expenses	3.1M	3.6M	2.7M	2.1M

Reconciled Depreciation Total Operating Expenses

Eco Wave fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Short Term Investments	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Treasury Stock	Common Stock	Inventory	Preferred Stock Total Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Net Receivables
Total Assets		0.88	0.67	0.76	0.76	0.74	0.8	0.83	0.59	-0.43	0.78	0.85	0.61	-0.75	0.53	-0.14	0.55	0.65	0.14	-0.28	-0.04	0.23	0.26	-0.26	-0.28	-0.14
Other Current Liab	0.88		0.26	0.97	0.93	0.95	0.97	0.98	0.16	-0.43	0.97	0.89	0.19	-0.9	0.68	-0.02	0.37	0.78	0.02	-0.16	-0.1	0.17	0.11	-0.17	-0.17	-0.12
Total Current Liabilities	0.67	0.26		0.03	0.06	0.01	0.11	0.14	0.99	-0.09	0.06	0.38	1.0	-0.06	-0.01	-0.1	0.65	0.09	0.1	-0.22	-0.05	0.19	0.2	-0.21	-0.22	-0.11
Total Stockholder Equity	0.76	0.97	0.03		0.97	0.99	0.98	0.99	-0.08	-0.5	1.0	0.81	-0.05	-0.95	0.72	-0.09	0.18	0.8	0.09	-0.17	-0.02	0.14	0.16	-0.16	-0.17	-0.1
Other Liab	0.76	0.93	0.06	0.97		0.97	0.95	0.97	-0.04	-0.67	0.97	0.81	-0.01	-1.0	0.74	-0.29	0.11	0.77	0.31	-0.28	0.07	0.16	0.35	-0.25	-0.27	-0.11
Accounts Payable	0.74	0.95	0.01	0.99	0.97		0.98	0.98	-0.09	-0.51	0.99	0.79	-0.06	-0.95	0.71	-0.11	0.17	0.81	0.11	-0.15	0.03	0.1	0.19	-0.14	-0.15	-0.1
Cash	0.8	0.97	0.11	0.98	0.95	0.98		0.98	0.01	-0.5	0.98	0.83	0.04	-0.93	0.69	-0.1	0.33	0.71	0.1	-0.05	0.08	-0.01	0.12	-0.03	-0.05	-0.14
Other Assets	0.83	0.98	0.14	0.99	0.97	0.98	0.98		0.04	-0.51	1.0	0.84	0.06	-0.95	0.72	-0.11	0.22	0.82	0.11	-0.23	-0.04	0.19	0.21	-0.22	-0.23	-0.1
Long Term Debt	0.59	0.16	0.99	-0.08	-0.04	-0.09	0.01	0.04		-0.06	-0.04	0.29	1.0	0.02	-0.07	-0.12	0.6	0.01	0.11	-0.23	-0.02	0.18	0.22	-0.21	-0.23	-0.09
Good Will	-0.43	-0.43	-0.09	-0.5	-0.67	-0.51	-0.5	-0.51	-0.06		-0.5	-0.47	-0.06	0.72	-0.45	0.57	0.07	-0.34	-0.88	0.31	-0.26	-0.08	-0.6	0.37	0.31	0.09
Short Term Investments	0.78	0.97	0.06	1.0	0.97	0.99	0.98	1.0	-0.04	-0.5		0.82	-0.01	-0.95	0.73	-0.09	0.18	0.82	0.09	-0.21	-0.05	0.18	0.18	-0.2	-0.21	-0.1
Other Current Assets	0.85	0.89	0.38	0.81	0.81	0.79	0.83	0.84	0.29	-0.47	0.82		0.32	-0.8	0.56	-0.17	0.51	0.69	0.17	-0.11	-0.17	0.16	0.03	-0.14	-0.1	-0.19
Total Liab	0.61	0.19	1.0	-0.05	-0.01	-0.06	0.04	0.06	1.0	-0.06	-0.01	0.32		0.0	-0.06	-0.1	0.62	0.03	0.1	-0.21	-0.03	0.18	0.2	-0.2	-0.22	-0.1
Intangible Assets	-0.75	-0.9	-0.06	-0.95	-1.0	-0.95	-0.93	-0.95	0.02	0.72	-0.95	-0.8	0.0		-0.73	0.36	-0.08	-0.75	-0.39	0.3	-0.11	-0.16	-0.4	0.27	0.29	0.12
Property Plant Equipment	0.53	0.68	-0.01	0.72	0.74	0.71	0.69	0.72	-0.07	-0.45	0.73	0.56	-0.06	-0.73		-0.18	-0.01	0.61	0.18	-0.3	0.01	0.2	0.26	-0.25	-0.28	0.58
Treasury Stock	-0.14	-0.02	-0.1	-0.09	-0.29	-0.11	-0.1	-0.11	-0.12	0.57	-0.09	-0.17	-0.1	0.36	-0.18		0.22	0.01	-0.8	0.4	-0.55	0.0	-0.72	0.15	0.29	0.12
Common Stock	0.55	0.37	0.65	0.18	0.11	0.17	0.33	0.22	0.6	0.07	0.18	0.51	0.62	-0.08	-0.01	0.22		-0.04	-0.19	0.54	0.06	-0.43	-0.46	0.48	0.53	-0.21
Inventory	0.65	0.78	0.09	0.8	0.77	0.81	0.71	0.82	0.01	-0.34	0.82	0.69	0.03	-0.75	0.61	0.01	-0.04		-0.01	-0.49	-0.3	0.57	0.28	-0.5	-0.51	0.01
Preferred Stock Total Equity	0.14	0.02	0.1	0.09	0.31	0.11	0.1	0.11	0.11	-0.88	0.09	0.17	0.1	-0.39	0.18	-0.8	-0.19	-0.01		-0.33	0.43	0.0	0.69	-0.3	-0.29	-0.08
Net Tangible Assets	-0.28	-0.16	-0.22	-0.17	-0.28	-0.15	-0.05	-0.23	-0.23	0.31	-0.21	-0.11	-0.21	0.3	-0.3	0.4	0.54	-0.49	-0.33		0.22	-0.88	-0.8	0.9	0.99	-0.16
Property Plant And Equipment Net	-0.04	-0.1	-0.05	-0.02	0.07	0.03	0.08	-0.04	-0.02	-0.26	-0.05	-0.17	-0.03	-0.11	0.01	-0.55	0.06	-0.3	0.43	0.22		-0.61	0.33	0.5	0.29	-0.09
Net Debt	0.23	0.17	0.19	0.14	0.16	0.1	-0.01	0.19	0.18	-0.08	0.18	0.16	0.18	-0.16	0.2	0.0	-0.43	0.57	0.0	-0.88	-0.61		0.43	-0.89	-0.91	0.14
Retained Earnings	0.26	0.11	0.2	0.16	0.35	0.19	0.12	0.21	0.22	-0.6	0.18	0.03	0.2	-0.4	0.26	-0.72	-0.46	0.28	0.69	-0.8	0.33	0.43		-0.63	-0.76	0.02
Non Current Assets Total	-0.26	-0.17	-0.21	-0.16	-0.25	-0.14	-0.03	-0.22	-0.21	0.37	-0.2	-0.14	-0.2	0.27	-0.25	0.15	0.48	-0.5	-0.3	0.9	0.5	-0.89	-0.63		0.94	-0.15
Cash And Short Term Investments	-0.28	-0.17	-0.22	-0.17	-0.27	-0.15	-0.05	-0.23	-0.23	0.31	-0.21	-0.1	-0.22	0.29	-0.28	0.29	0.53	-0.51	-0.29	0.99	0.29	-0.91	-0.76	0.94		-0.14
Net Receivables	-0.14	-0.12	-0.11	-0.1	-0.11	-0.1	-0.14	-0.1	-0.09	0.09	-0.1	-0.19	-0.1	0.12	0.58	0.12	-0.21	0.01	-0.08	-0.16	-0.09	0.14	0.02	-0.15	-0.14

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Eco Wave Account Relationship Matchups

Eco Wave fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.5M	12.7M	16.6M	11.9M	10.0M	9.5M
Other Current Liab	(85.5K)	446K	510K	733K	957K	909.2K
Total Current Liabilities	708.4K	583.1K	903K	1.9M	2.1M	2.0M
Total Stockholder Equity	10.9M	10.8M	14.7M	9.9M	8.0M	7.6M
Accounts Payable	517.3K	43K	46K	75K	50K	47.5K
Cash	11.7M	10.7M	14.6M	5.3M	4.3M	4.1M
Long Term Debt	15.4M	9.8M	1.0M	96K	78K	74.1K
Short Term Investments	257.1K	110.0K	0.0	5M	4.1M	3.9M
Other Current Assets	59.9K	285K	459K	5.2M	139.0K	132.1K
Total Liab	2.6M	1.9M	1.9M	2.0M	2.2M	2.1M
Property Plant Equipment	1.5M	1.7M	1.3M	888K	799.2K	759.2K
Common Stock	2K	75.3K	85.8K	98K	88.2K	76.0K
Net Tangible Assets	11.3M	10.8M	14.7M	9.9M	11.4M	8.2M
Property Plant And Equipment Net	1.5M	1.7M	1.3M	888K	726K	951.5K
Net Debt	(11.4M)	(9.3M)	(13.3M)	(4.1M)	(3.1M)	(3.2M)
Retained Earnings	(4.4M)	(6.5M)	(8.4M)	(11.3M)	(13.0M)	(12.3M)
Non Current Assets Total	1.5M	1.7M	1.6M	1.4M	1.3M	1.5M
Cash And Short Term Investments	11.8M	10.7M	14.6M	10.3M	8.4M	8.9M
Net Receivables	154.9K	97.4K	60K	9K	234K	173.1K
Common Stock Shares Outstanding	4.0M	4.4M	5.0M	5.5M	5.0M	4.7M
Liabilities And Stockholders Equity	13.5M	12.7M	16.6M	11.9M	10.0M	10.6M
Non Current Liabilities Total	1.9M	1.3M	1.0M	184K	78K	74.1K
Other Stockholder Equity	2.4M	15.2M	18.5M	23.1M	26.6M	16.8M
Net Invested Capital	101.6M	98.2M	16.0M	10.9M	9.1M	8.6M
Total Current Assets	12.0M	11.0M	15.1M	10.5M	8.8M	9.2M
Net Working Capital	105.5M	85.4M	14.2M	8.7M	6.6M	6.3M

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When determining whether Eco Wave Power is a strong investment it is important to analyze Eco Wave'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 Eco Wave's future performance. For an informed investment choice regarding Eco Stock, refer to the following important reports:

How To Invest In Eco

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Is Eco Stock a good investment?

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What is Eco Wave's Net Worth?

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Largest Application Software Companies

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Largest Utilities - Renewable Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. 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.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Is Application Software 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 Eco Wave. If investors know Eco 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 Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.41)

Revenue Per Share

0.055

Quarterly Revenue Growth

(0.08)

Return On Assets

(0.15)

Return On Equity

(0.27)

The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave'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 Eco Wave's market value can be influenced by many factors that don't directly affect Eco Wave'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 Eco Wave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave'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.

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Eco Net Working Capital vs Total Stockholder Equity Analysis

Net Working Capital vs Total Stockholder Equity

Net Working Capital vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Working Capital

Total Stockholder Equity

Eco Wave fundamental ratios Correlations

Eco Wave Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eco Wave fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Investments	+ 1.0	Total Stockholder Equity
Short Term Investments	+ 1.0	Other Assets
Total Liab	+ 1.0	Long Term Debt
Long Term Debt	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.99	Total Stockholder Equity

Intangible Assets	- 1.0	Other Liab
Intangible Assets	- 0.95	Short Term Investments
Intangible Assets	- 0.95	Other Assets
Intangible Assets	- 0.95	Accounts Payable
Intangible Assets	- 0.95	Total Stockholder Equity
Intangible Assets	- 0.93	Cash