Electra Net Tangible Assets from 2010 to 2024

ELBM Stock  USD 0.49  0.01  2.00%   
Electra Battery Net Tangible Assets yearly trend continues to be very stable with very little volatility. Net Tangible Assets are likely to drop to about 99.1 M. Net Tangible Assets is the total assets of Electra Battery Materials minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
113.9 M
Current Value
99.1 M
Quarterly Volatility
27.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electra Battery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electra Battery's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.6 K, Selling General Administrative of 4.9 M or Other Operating Expenses of 8.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.28. Electra financial statements analysis is a perfect complement when working with Electra Battery Valuation or Volatility modules.
  
Check out the analysis of Electra Battery Correlation against competitors.

Latest Electra Battery's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Electra Battery Materials over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Electra Battery's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electra Battery's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Electra Net Tangible Assets Regression Statistics

Arithmetic Mean127,916,248
Geometric Mean125,329,254
Coefficient Of Variation21.25
Mean Deviation19,646,214
Median137,526,926
Standard Deviation27,179,316
Sample Variance738.7T
Range109.8M
R-Value(0.46)
Mean Square Error624.2T
R-Squared0.22
Significance0.08
Slope(2,820,094)
Total Sum of Squares10342T

Electra Net Tangible Assets History

202499.1 M
2023113.9 M
2022126.5 M
2021100 M
202092.2 M
201988.6 M
2018198.4 M

About Electra Battery Financial Statements

Electra Battery investors utilize fundamental indicators, such as Net Tangible Assets, to predict how Electra Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets113.9 M99.1 M

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When determining whether Electra Battery Materials is a strong investment it is important to analyze Electra Battery'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 Electra Battery's future performance. For an informed investment choice regarding Electra Stock, refer to the following important reports:
Check out the analysis of Electra Battery Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.01)
Return On Assets
(0.04)
Return On Equity
(0.78)
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery'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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery'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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery'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.