Electro Cash Ratio from 2010 to 2024

ELSE Stock  USD 4.31  0.07  1.65%   
Electro Sensors' Cash Ratio is increasing over the years with stable fluctuation. Overall, Cash Ratio is expected to go to 15.02 this year. During the period from 2010 to 2024 Electro Sensors Cash Ratio annual values regression line had geometric mean of  4.41 and mean square error of  41.83. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
14.30434783
Current Value
15.02
Quarterly Volatility
6.43301789
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electro Sensors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electro Sensors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.4 K, Interest Expense of 1.1 K or Total Revenue of 6.7 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0171 or PTB Ratio of 0.86. Electro financial statements analysis is a perfect complement when working with Electro Sensors Valuation or Volatility modules.
  
Check out the analysis of Electro Sensors Correlation against competitors.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.

Latest Electro Sensors' Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Electro Sensors over the last few years. It is Electro Sensors' Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electro Sensors' overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Pretty Stable
   Cash Ratio   
       Timeline  

Electro Cash Ratio Regression Statistics

Arithmetic Mean7.48
Geometric Mean4.41
Coefficient Of Variation85.99
Mean Deviation5.96
Median4.65
Standard Deviation6.43
Sample Variance41.38
Range16.2868
R-Value0.25
Mean Square Error41.83
R-Squared0.06
Significance0.37
Slope0.36
Total Sum of Squares579.37

Electro Cash Ratio History

2024 15.02
2023 14.3
2022 12.14
2021 9.63
2020 2.05
2019 15.55
2018 2.01

About Electro Sensors Financial Statements

Electro Sensors stakeholders use historical fundamental indicators, such as Electro Sensors' Cash Ratio, to determine how well the company is positioned to perform in the future. Although Electro Sensors investors may analyze each financial statement separately, they are all interrelated. For example, changes in Electro Sensors' assets and liabilities are reflected in the revenues and expenses on Electro Sensors' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Electro Sensors. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 14.30  15.02 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electro Sensors is a strong investment it is important to analyze Electro Sensors' 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 Electro Sensors' future performance. For an informed investment choice regarding Electro Stock, refer to the following important reports:
Check out the analysis of Electro Sensors Correlation against competitors.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Electronic Equipment, Instruments & Components 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 Electro Sensors. If investors know Electro 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 Electro Sensors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Earnings Share
0.13
Revenue Per Share
2.577
Quarterly Revenue Growth
0.037
Return On Assets
(0)
The market value of Electro Sensors is measured differently than its book value, which is the value of Electro that is recorded on the company's balance sheet. Investors also form their own opinion of Electro Sensors' value that differs from its market value or its book value, called intrinsic value, which is Electro Sensors' 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 Electro Sensors' market value can be influenced by many factors that don't directly affect Electro Sensors' 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 Electro Sensors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electro Sensors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electro Sensors' 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.