ECN Capex To Depreciation vs Days Sales Outstanding Analysis

ECN Stock

CAD 2.71 0.04 1.45%

ECN Capital financial indicator trend analysis is much more than just examining ECN Capital Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECN Capital Corp is a good investment. Please check the relationship between ECN Capital Capex To Depreciation and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECN Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Capex To Depreciation vs Days Sales Outstanding

Capex To Depreciation vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECN Capital Corp Capex To Depreciation account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between ECN Capital's Capex To Depreciation and Days Sales Outstanding is 0.68. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of ECN Capital Corp, assuming nothing else is changed. The correlation between historical values of ECN Capital's Capex To Depreciation and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of ECN Capital Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Capex To Depreciation i.e., ECN Capital's Capex To Depreciation and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Days Sales Outstanding

Most indicators from ECN Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECN Capital Corp 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 ECN Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, ECN Capital's Tax Provision is very stable compared to the past year. As of the 9th of November 2025, Sales General And Administrative To Revenue is likely to grow to 0.37, while Selling General Administrative is likely to drop about 68.8 M.

	2022	2023	2024	2025 (projected)
Interest Expense	4.7M	79.3M	59.6M	56.6M
Depreciation And Amortization	12.9M	14.8M	13.3M	20.8M

Interest Expense Depreciation And Amortization

ECN Capital fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock
Common Stock Shares Outstanding		0.83	0.66	0.84	0.89	0.6	-0.89	0.83	0.78	0.81	0.43	0.52	-0.48	-0.47	0.88	0.82	-0.66	0.43	0.19	-0.1	0.79	0.78	0.8	0.89	-0.72	0.54
Total Assets	0.83		0.95	0.85	0.92	0.7	-0.85	0.98	0.97	0.95	0.3	0.8	-0.45	-0.22	0.91	0.91	-0.67	0.76	0.08	0.29	0.96	0.97	0.98	0.96	-0.74	0.76
Short Long Term Debt Total	0.66	0.95		0.82	0.85	0.56	-0.79	0.91	0.96	0.95	0.08	0.81	-0.34	-0.15	0.87	0.86	-0.72	0.87	0.01	0.44	0.95	0.96	0.96	0.88	-0.78	0.79
Other Current Liab	0.84	0.85	0.82		0.95	0.32	-0.93	0.8	0.86	0.93	0.14	0.55	-0.37	-0.48	0.96	0.93	-0.9	0.67	-0.17	0.12	0.94	0.86	0.91	0.89	-0.93	0.56
Total Current Liabilities	0.89	0.92	0.85	0.95		0.54	-0.91	0.89	0.91	0.93	0.34	0.67	-0.46	-0.32	0.95	0.95	-0.76	0.62	-0.04	0.19	0.95	0.91	0.95	0.94	-0.82	0.62
Total Stockholder Equity	0.6	0.7	0.56	0.32	0.54		-0.4	0.8	0.67	0.47	0.63	0.74	-0.47	0.1	0.41	0.47	-0.01	0.31	0.49	0.31	0.48	0.67	0.59	0.61	-0.13	0.74
Other Liab	-0.89	-0.85	-0.79	-0.93	-0.91	-0.4		-0.81	-0.85	-0.91	-0.32	-0.55	0.35	0.59	-0.95	-0.86	0.86	-0.62	-0.14	0.02	-0.9	-0.85	-0.87	-0.89	0.92	-0.55
Net Tangible Assets	0.83	0.98	0.91	0.8	0.89	0.8	-0.81		0.98	0.89	0.39	0.85	-0.48	-0.2	0.85	0.86	-0.59	0.7	0.19	0.33	0.9	0.98	0.95	0.92	-0.68	0.84
Property Plant And Equipment Net	0.78	0.97	0.96	0.86	0.91	0.67	-0.85	0.98		0.94	0.29	0.84	-0.42	-0.25	0.88	0.88	-0.71	0.79	0.11	0.37	0.95	1.0	0.98	0.92	-0.79	0.83
Net Debt	0.81	0.95	0.95	0.93	0.93	0.47	-0.91	0.89	0.94		0.11	0.71	-0.34	-0.32	0.98	0.95	-0.85	0.83	-0.06	0.22	0.99	0.94	0.98	0.94	-0.89	0.65
Accounts Payable	0.43	0.3	0.08	0.14	0.34	0.63	-0.32	0.39	0.29	0.11		0.33	-0.36	-0.17	0.16	0.2	0.12	-0.16	0.59	-0.07	0.15	0.29	0.21	0.29	-0.03	0.26
Non Current Assets Total	0.52	0.8	0.81	0.55	0.67	0.74	-0.55	0.85	0.84	0.71	0.33		-0.03	0.18	0.61	0.68	-0.39	0.7	0.2	0.53	0.72	0.84	0.79	0.62	-0.48	0.82
Non Currrent Assets Other	-0.48	-0.45	-0.34	-0.37	-0.46	-0.47	0.35	-0.48	-0.42	-0.34	-0.36	-0.03		0.35	-0.35	-0.33	0.13	-0.07	-0.1	-0.05	-0.36	-0.42	-0.4	-0.6	0.18	-0.33
Other Assets	-0.47	-0.22	-0.15	-0.48	-0.32	0.1	0.59	-0.2	-0.25	-0.32	-0.17	0.18	0.35		-0.41	-0.26	0.56	-0.13	-0.11	0.58	-0.3	-0.25	-0.25	-0.38	0.59	0.0
Long Term Debt	0.88	0.91	0.87	0.96	0.95	0.41	-0.95	0.85	0.88	0.98	0.16	0.61	-0.35	-0.41		0.96	-0.87	0.73	-0.06	0.09	0.97	0.88	0.94	0.94	-0.91	0.56
Net Receivables	0.82	0.91	0.86	0.93	0.95	0.47	-0.86	0.86	0.88	0.95	0.2	0.68	-0.33	-0.26	0.96		-0.8	0.78	-0.17	0.16	0.96	0.88	0.94	0.92	-0.84	0.54
Good Will	-0.66	-0.67	-0.72	-0.9	-0.76	-0.01	0.86	-0.59	-0.71	-0.85	0.12	-0.39	0.13	0.56	-0.87	-0.8		-0.73	0.21	0.0	-0.83	-0.71	-0.77	-0.71	0.98	-0.38
Non Current Liabilities Total	0.43	0.76	0.87	0.67	0.62	0.31	-0.62	0.7	0.79	0.83	-0.16	0.7	-0.07	-0.13	0.73	0.78	-0.73		-0.17	0.3	0.83	0.79	0.8	0.69	-0.74	0.55
Other Current Assets	0.19	0.08	0.01	-0.17	-0.04	0.49	-0.14	0.19	0.11	-0.06	0.59	0.2	-0.1	-0.11	-0.06	-0.17	0.21	-0.17		0.0	-0.1	0.11	-0.04	0.01	0.1	0.35
Other Stockholder Equity	-0.1	0.29	0.44	0.12	0.19	0.31	0.02	0.33	0.37	0.22	-0.07	0.53	-0.05	0.58	0.09	0.16	0.0	0.3	0.0		0.24	0.37	0.32	0.13	-0.02	0.66
Total Liab	0.79	0.96	0.95	0.94	0.95	0.48	-0.9	0.9	0.95	0.99	0.15	0.72	-0.36	-0.3	0.97	0.96	-0.83	0.83	-0.1	0.24		0.95	0.98	0.95	-0.88	0.65
Property Plant And Equipment Gross	0.78	0.97	0.96	0.86	0.91	0.67	-0.85	0.98	1.0	0.94	0.29	0.84	-0.42	-0.25	0.88	0.88	-0.71	0.79	0.11	0.37	0.95		0.98	0.92	-0.79	0.83
Short Long Term Debt	0.8	0.98	0.96	0.91	0.95	0.59	-0.87	0.95	0.98	0.98	0.21	0.79	-0.4	-0.25	0.94	0.94	-0.77	0.8	-0.04	0.32	0.98	0.98		0.94	-0.83	0.74
Total Current Assets	0.89	0.96	0.88	0.89	0.94	0.61	-0.89	0.92	0.92	0.94	0.29	0.62	-0.6	-0.38	0.94	0.92	-0.71	0.69	0.01	0.13	0.95	0.92	0.94		-0.77	0.63
Intangible Assets	-0.72	-0.74	-0.78	-0.93	-0.82	-0.13	0.92	-0.68	-0.79	-0.89	-0.03	-0.48	0.18	0.59	-0.91	-0.84	0.98	-0.74	0.1	-0.02	-0.88	-0.79	-0.83	-0.77		-0.46
Common Stock	0.54	0.76	0.79	0.56	0.62	0.74	-0.55	0.84	0.83	0.65	0.26	0.82	-0.33	0.0	0.56	0.54	-0.38	0.55	0.35	0.66	0.65	0.83	0.74	0.63	-0.46

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ECN Capital Account Relationship Matchups

ECN Capital fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	247.0M	250.5M	247.5M	254.7M	281.1M	259.1M
Total Assets	1.7B	1.1B	1.4B	1.3B	937.2M	1.9B
Short Long Term Debt Total	993.9M	294.2M	1.0B	917.7M	825.9M	1.4B
Other Current Liab	(813.9M)	383.0M	37.1M	(28.1M)	(25.3M)	(24.0M)
Total Current Liabilities	152.0M	513.8M	78.3M	57.4M	50.6M	48.1M
Total Stockholder Equity	822.6M	218.6M	193.7M	209.5M	207.5M	197.1M
Other Liab	171.8M	159.9M	191.0M	120.0M	137.9M	103.1M
Net Tangible Assets	284.3M	60.0M	3.1M	(217.0M)	(195.3M)	(185.5M)
Property Plant And Equipment Net	18.9M	62.2M	69.2M	18.7M	17.5M	16.6M
Net Debt	493.8M	229.6M	995.3M	894.5M	561.1M	1.0B
Accounts Payable	52.1M	86.6M	39.7M	28.1M	11.0M	10.5M
Non Current Assets Total	981.0M	606.4M	399.1M	1.3B	376.6M	357.8M
Non Currrent Assets Other	174.6M	117.0M	71.3M	990.5M	86.3M	158.6M
Other Assets	254.0M	8.0M	19.6M	149.7M	16.2M	15.4M
Long Term Debt	55.1M	274.6M	1.0B	900.6M	576.5M	999.5M
Net Receivables	542.1M	455.2M	987.9M	768.0M	100.6M	95.6M
Good Will	422.4M	230.2M	125.4M	126.8M	127.9M	216.1M
Liabilities And Stockholders Equity	1.7B	1.1B	1.4B	1.3B	937.2M	1.9B
Non Current Liabilities Total	731.7M	413.7M	1.1B	1.0B	675.6M	735.3M
Other Current Assets	220.0M	145.1M	(13.2M)	140.3M	126.2M	154.5M
Other Stockholder Equity	215.9M	77.6M	79.0M	82.0M	(28.3M)	(26.8M)
Total Liab	883.6M	927.5M	1.2B	1.1B	726.3M	1.2B
Property Plant And Equipment Gross	18.9M	75.7M	74.5M	23.1M	17.5M	16.6M
Total Current Assets	725.2M	531.8M	1.0B	23.2M	560.5M	998.6M
Accumulated Other Comprehensive Income	(17.2M)	(8.9M)	(34.3M)	(28.5M)	(25.7M)	(24.4M)
Intangible Assets	257.9M	138.4M	104.5M	105.0M	123.4M	142.0M
Common Stock	608.7M	590.5M	586.2M	656.9M	658.5M	647.2M
Property Plant Equipment	18.9M	62.2M	69.2M	18.7M	17.5M	16.6M
Long Term Debt Total	531.8M	294.2M	1.0B	917.7M	590.9M	900.8M
Current Deferred Revenue	67.6M	44.7M	44.1M	1.5M	1.4M	1.3M
Retained Earnings	(16.1M)	(507.7M)	(504.3M)	(624.8M)	(633.1M)	(601.4M)
Cash	38.0M	45.0M	12.7M	23.2M	15.5M	25.7M
Cash And Short Term Investments	38.0M	45.0M	12.7M	23.2M	15.5M	14.7M
Capital Surpluse	108.0M	77.6M	79.0M	82.0M	86.3M	73.5M
Long Term Investments	46.8M	19.7M	11.7M	11.1M	4.4M	4.2M
Net Invested Capital	1.2B	426.2M	1.1B	986.1M	660.0M	935.5M

Pair Trading with ECN Capital

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 ECN Capital 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 ECN Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against ECN Stock

0.4

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Pair Corr

The ability to find closely correlated positions to ECN Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECN Capital 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 ECN Capital - 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 ECN Capital Corp to buy it.

The correlation of ECN Capital 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 ECN Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECN Capital Corp 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 ECN Capital 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.

Pair Correlation Correlation Matching

Other Information on Investing in ECN Stock

Balance Sheet is a snapshot of the financial position of ECN Capital Corp at a specified time, usually calculated after every quarter, six months, or one year. ECN Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ECN Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ECN currently owns. An asset can also be divided into two categories, current and non-current.

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ECN Capex To Depreciation vs Days Sales Outstanding Analysis

Capex To Depreciation vs Days Sales Outstanding

Capex To Depreciation vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Days Sales Outstanding

ECN Capital fundamental ratios Correlations

ECN Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ECN Capital fundamental ratios Accounts

Pair Trading with ECN Capital

Moving against ECN Stock

Other Information on Investing in ECN Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Net Debt
Net Tangible Assets	+ 0.98	Total Assets
Short Long Term Debt	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Net Tangible Assets
Property Plant And Equipment Gross	+ 0.98	Net Tangible Assets

Long Term Debt	- 0.95	Other Liab
Intangible Assets	- 0.93	Other Current Liab
Other Liab	- 0.93	Other Current Liab
Intangible Assets	- 0.91	Long Term Debt
Net Debt	- 0.91	Other Liab
Other Liab	- 0.91	Total Current Liabilities