Alternus Energy Financials
| ALCE Stock | 1.24 0.06 4.62% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.83 | 0.4652 |
|
|
Investors should never underestimate Alternus Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Alternus Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in Alternus Energy Group.
Net Income |
|
Alternus |
Understanding current and past Alternus Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alternus Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Alternus Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of Alternus Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alternus Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Alternus Energy's management manipulating its earnings.
Alternus Energy Stock Summary
Alternus Energy competes with Atlantica Sustainable, Verde Clean, ReNew Energy, Ellomay Capital, and Eco Wave. Alternus Energy is entity of United States. It is traded as Stock on NASDAQ exchange.Specialization | Utilities, Utilities - Renewable |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 184493104 02157G101 |
| Older Symbol | CLIN |
| Location | Texas; U.S.A |
| Business Address | Blanchardstown Corporate Park |
| Sector | Independent Power and Renewable Electricity Producers |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | alternusenergy.com |
| Phone | 353 1 907 3445 |
Alternus Energy Key Financial Ratios
| Profit Margin | (1.92) % | ||||
| Operating Margin | 0.29 % | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 20.08 M | ||||
| EBITDA | (31.42 M) |
Alternus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alternus Energy's current stock value. Our valuation model uses many indicators to compare Alternus Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alternus Energy competition to find correlations between indicators driving Alternus Energy's intrinsic value. More Info.Alternus Energy Group is rated below average in return on asset category among its peers. It is rated below average in profit margin category among its peers . At present, Alternus Energy's Net Loss is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Alternus Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Alternus Energy Group Systematic Risk
Alternus Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alternus Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Alternus Energy Group correlated with the market. If Beta is less than 0 Alternus Energy generally moves in the opposite direction as compared to the market. If Alternus Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alternus Energy Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alternus Energy is generally in the same direction as the market. If Beta > 1 Alternus Energy moves generally in the same direction as, but more than the movement of the benchmark.
About Alternus Energy Financials
What exactly are Alternus Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Alternus Energy's income statement, its balance sheet, and the statement of cash flows. Potential Alternus Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Alternus Energy investors may use each financial statement separately, they are all related. The changes in Alternus Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alternus Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Alternus Energy November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alternus Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alternus Energy Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alternus Energy Group based on widely used predictive technical indicators. In general, we focus on analyzing Alternus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alternus Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 33.01 | |||
| Value At Risk | (9.71) | |||
| Potential Upside | 10.0 |
Complementary Tools for Alternus Stock analysis
When running Alternus Energy's price analysis, check to measure Alternus Energy'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 Alternus Energy is operating at the current time. Most of Alternus Energy's value examination focuses on studying past and present price action to predict the probability of Alternus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alternus Energy's price. Additionally, you may evaluate how the addition of Alternus Energy to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |