Eco Treasury Stock vs Net Receivables Analysis

WAVE Stock

USD 3.92 0.51 14.96%

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 Treasury Stock and its Net Receivables 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 tightly coupled with the direction of predictive economic indicators such as signals in real.

Treasury Stock vs Net Receivables

Treasury Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eco Wave Power Treasury Stock account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Eco Wave's Treasury Stock and Net Receivables is 0.12. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Net Receivables 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 Treasury Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Eco Wave Power are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Treasury Stock i.e., Eco Wave's Treasury Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Treasury Stock

Net Receivables

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 tightly coupled with the direction of predictive economic indicators such as signals in real.

As of June 3, 2024, Selling General Administrative is expected to decline to about 1.8 M. In addition to that, Issuance Of Capital Stock is expected to decline to 0.00

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	248K	209K	170K	161.5K
Total Operating Expenses	3.1M	3.6M	2.5M	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	0.89	0.61	-0.75	0.53	-0.14	0.54	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	0.91	0.19	-0.9	0.68	-0.02	0.37	0.79	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	0.4	1.0	-0.06	-0.01	-0.1	0.64	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	0.85	-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	0.85	-0.01	-1.0	0.74	-0.29	0.1	0.78	0.31	-0.28	0.07	0.17	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	0.82	-0.06	-0.95	0.71	-0.11	0.17	0.82	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	0.91	0.04	-0.93	0.69	-0.1	0.32	0.72	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	0.88	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	0.31	1.0	0.02	-0.07	-0.12	0.59	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	-0.5	-0.06	0.72	-0.45	0.57	0.07	-0.35	-0.88	0.31	-0.26	-0.08	-0.6	0.37	0.32	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		0.85	-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	0.89	0.91	0.4	0.85	0.85	0.82	0.91	0.88	0.31	-0.5	0.85		0.34	-0.84	0.6	-0.18	0.5	0.49	0.18	-0.04	0.13	-0.07	0.15	-0.02	-0.03	-0.16
Total Liab	0.61	0.19	1.0	-0.05	-0.01	-0.06	0.04	0.06	1.0	-0.06	-0.01	0.34		0.0	-0.06	-0.1	0.61	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	-0.84	0.0		-0.73	0.36	-0.07	-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	0.6	-0.06	-0.73		-0.18	-0.02	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	-0.18	-0.1	0.36	-0.18		0.26	0.0	-0.8	0.4	-0.55	0.0	-0.72	0.15	0.29	0.12
Common Stock	0.54	0.37	0.64	0.18	0.1	0.17	0.32	0.22	0.59	0.07	0.18	0.5	0.61	-0.07	-0.02	0.26		-0.04	-0.21	0.55	0.04	-0.43	-0.48	0.47	0.53	-0.2
Inventory	0.65	0.79	0.09	0.8	0.78	0.82	0.72	0.82	0.01	-0.35	0.82	0.49	0.03	-0.75	0.61	0.0	-0.04		0.0	-0.5	-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	0.18	0.1	-0.39	0.18	-0.8	-0.21	0.0		-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	-0.04	-0.21	0.3	-0.3	0.4	0.55	-0.5	-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	0.13	-0.03	-0.11	0.01	-0.55	0.04	-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	0.17	0.1	-0.01	0.19	0.18	-0.08	0.18	-0.07	0.18	-0.16	0.2	0.0	-0.43	0.57	0.0	-0.88	-0.61		0.43	-0.9	-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	0.15	0.2	-0.4	0.26	-0.72	-0.48	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	-0.02	-0.2	0.27	-0.25	0.15	0.47	-0.5	-0.3	0.9	0.5	-0.9	-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	0.32	-0.21	-0.03	-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	-0.16	-0.1	0.12	0.58	0.12	-0.2	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)	444.8K	510K	733K	957.0K	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	42.4K	46K	75K	50.0K	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	1.8M	3.9M	155.0K	76.0K	72.2K
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	98.0K	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	726.0K	951.5K
Net Debt	(11.4M)	(9.3M)	(13.3M)	(4.1M)	(3.1M)	(3.3M)
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	234.0K	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	78.0K	74.1K
Other Stockholder Equity	2.4M	15.2M	17.2M	23.1M	23.1M	16.6M
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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V	Visa Class A
BAC	Bank of America
GM	General Motors

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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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 tightly coupled with the direction of predictive economic indicators such as signals in real.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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

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Is Eco Wave's industry 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

(0.32)

Revenue Per Share

0.055

Quarterly Revenue Growth

(0.08)

Return On Assets

(0.14)

Return On Equity

(0.21)

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 Treasury Stock vs Net Receivables Analysis

Treasury Stock vs Net Receivables

Treasury Stock vs Net Receivables Correlation Analysis

Correlation Coefficient

Treasury Stock

Net Receivables

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