ECXWW Stock | | | 0.02 0 30.32% |
ECARX Holdings financial indicator trend analysis is much more than just examining ECARX Holdings Warrants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECARX Holdings Warrants is a good investment. Please check the relationship between ECARX Holdings Property Plant And Equipment Net and its Non Current Assets Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Property Plant And Equipment Net vs Non Current Assets Total
Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ECARX Holdings Warrants Property Plant And Equipment Net account and
Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between ECARX Holdings' Property Plant And Equipment Net and Non Current Assets Total is 0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of ECARX Holdings Warrants, assuming nothing else is changed. The correlation between historical values of ECARX Holdings' Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of ECARX Holdings Warrants are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., ECARX Holdings' Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from ECARX Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECARX Holdings Warrants 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Tax Provision is likely to climb to about (3.5
M) in 2024.
Selling General Administrative is likely to drop to about 138.9
M in 2024
ECARX Holdings fundamental ratios Correlations
Click cells to compare fundamentals
ECARX Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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