Ecoloclean Industrs Revenue vs. Current Ratio
Based on Ecoloclean Industrs' profitability indicators, Ecoloclean Industrs may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ecoloclean Industrs' ability to earn profits and add value for shareholders.
Check out Investing Opportunities. For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.
Total Revenue | First Reported 2010-12-31 | Previous Quarter 445.8 K | Current Value 263.9 K | Quarterly Volatility 65.7 K |
For Ecoloclean Industrs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ecoloclean Industrs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ecoloclean Industrs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ecoloclean Industrs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ecoloclean Industrs over time as well as its relative position and ranking within its peers.
Ecoloclean |
Is Environmental & Facilities Services 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 Ecoloclean Industrs. If investors know Ecoloclean 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 Ecoloclean Industrs 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 0.01 | Quarterly Revenue Growth 7.213 | Return On Assets (0.91) |
The market value of Ecoloclean Industrs is measured differently than its book value, which is the value of Ecoloclean that is recorded on the company's balance sheet. Investors also form their own opinion of Ecoloclean Industrs' value that differs from its market value or its book value, called intrinsic value, which is Ecoloclean Industrs' 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 Ecoloclean Industrs' market value can be influenced by many factors that don't directly affect Ecoloclean Industrs' 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 Ecoloclean Industrs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecoloclean Industrs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecoloclean Industrs' 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.
Ecoloclean Industrs Current Ratio vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ecoloclean Industrs's current stock value. Our valuation model uses many indicators to compare Ecoloclean Industrs value to that of its competitors to determine the firm's financial worth. Ecoloclean Industrs is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in current ratio category among its peers . The ratio of Revenue to Current Ratio for Ecoloclean Industrs is about 1,938,255 . As of now, Ecoloclean Industrs' Total Revenue is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ecoloclean Industrs' earnings, one of the primary drivers of an investment's value.Ecoloclean Revenue vs. Competition
Ecoloclean Industrs is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 42.37 Billion. Ecoloclean Industrs adds roughly 387,651 in revenue claiming only tiny portion of equities under Industrials industry.
Ecoloclean Current Ratio vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ecoloclean Industrs |
| = | 387.65 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Ecoloclean Industrs |
| = | 0.20 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Ecoloclean Current Ratio Comparison
Ecoloclean Industrs is currently under evaluation in current ratio category among its peers.
Ecoloclean Industrs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ecoloclean Industrs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ecoloclean Industrs will eventually generate negative long term returns. The profitability progress is the general direction of Ecoloclean Industrs' change in net profit over the period of time. It can combine multiple indicators of Ecoloclean Industrs, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -1.5 M | -1.6 M | |
| Net Loss | -1.9 M | -2 M | |
| Income Before Tax | -1.9 M | -2 M | |
| Total Other Income Expense Net | -359.3 K | -341.3 K | |
| Net Loss | -2 M | -2.1 M | |
| Net Loss | -2 M | -2.1 M | |
| Change To Netincome | 1 M | 1.2 M |
Ecoloclean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ecoloclean Industrs. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ecoloclean Industrs position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ecoloclean Industrs' important profitability drivers and their relationship over time.
Use Ecoloclean Industrs in pair-trading
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 Ecoloclean Industrs 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 Ecoloclean Industrs will appreciate offsetting losses from the drop in the long position's value.Ecoloclean Industrs Pair Trading
Ecoloclean Industrs Pair Trading Analysis
The ability to find closely correlated positions to Ecoloclean Industrs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecoloclean Industrs 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 Ecoloclean Industrs - 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 Ecoloclean Industrs to buy it.
The correlation of Ecoloclean Industrs 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 Ecoloclean Industrs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecoloclean Industrs 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 Ecoloclean Industrs 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.Use Investing Themes to Complement your Ecoloclean Industrs position
In addition to having Ecoloclean Industrs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Investing Opportunities. For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
To fully project Ecoloclean Industrs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ecoloclean Industrs at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ecoloclean Industrs' income statement, its balance sheet, and the statement of cash flows.