AYRO Financials

AYRO Stock  USD 0.75  0.01  1.35%   
Based on the analysis of AYRO's profitability, liquidity, and operating efficiency, AYRO Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, AYRO's Property Plant And Equipment Net is very stable compared to the past year. As of the 22nd of November 2024, Non Currrent Assets Other is likely to grow to about 104.8 K, while Short and Long Term Debt Total is likely to drop about 664.5 K. Key indicators impacting AYRO's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.4811.3656
Way Down
Slightly volatile
Investors should never underestimate AYRO'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 AYRO's cash flow, debt, and profitability to make informed and accurate decisions about investing in AYRO Inc.

Net Income

(32.45 Million)

  
Understanding current and past AYRO Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of AYRO's financial statements are interrelated, with each one affecting the others. For example, an increase in AYRO's assets may result in an increase in income on the income statement.

AYRO Stock Summary

AYRO competes with Workhorse, Canoo, Blue Bird, Li Auto, and Mullen Automotive. Ayro, Inc. designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. Ayro, Inc. was founded in 2017 and is headquartered in Round Rock, Texas. Ayro operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0547481087
CUSIP054748108 054748207 92931L302 92931L401 26210U203 26210U104 92931L203 92931L104
LocationTexas; U.S.A
Business Address900 East Old
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.ayro.com
Phone512 994 4917
CurrencyUSD - US Dollar

AYRO Key Financial Ratios

AYRO Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8M42.0M78.1M55.0M52.9M55.5M
Other Current Liab612.1K418.8K2.8M799.2K1.5M1.4M
Net Debt683.2K(35.4M)(68.1M)(38.2M)(32.7M)(31.1M)
Retained Earnings(14.0M)(25.2M)(58.2M)(81.2M)(115.3M)(109.6M)
Total Liab2.7M2.6M4.7M2.9M27.5M28.9M
Short Term Debt1.0M253.8K412.9K331.5K393.4K373.7K
Common Stock395.02.7K3.7K3.7K492.0467.4
Accounts Payable772.1K767.2K647.1K1.1M2.5M1.5M
Net Receivables71.1K765.9K969.4K510.1K219K208.1K
Other Current Assets164.4K3.2M4.6M3.0M1.9M2.2M
Total Current Assets2.0M40.1M76.2M51.9M49.0M28.0M
Cash641.8K36.5M69.2M39.1M33.4M23.1M
Other Assets397.6K292.9K22.5K41.3K37.2K35.3K
Net Tangible Assets(4.2M)(9.0M)39.2M73.3M84.3M88.6M
Inventory1.1M1.2M3.7M970.4K3.4M2.4M
Intangible Assets659.1K244.1K143.8K88.3K79.5K75.5K

AYRO Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense172.5K327.2K2.3K23.1M26.6M25.2M
Total Revenue890.2K1.6M2.7M3.0M498.9K474.0K
Gross Profit198.3K(166.5K)(2.1M)(3.1M)(4.6M)(4.4M)
Operating Income(8.5M)(10.1M)(33.1M)(23.3M)(28.2M)(26.7M)
Ebit(8.5M)(10.4M)(33.1M)(22.9M)(28.3M)(26.9M)
Ebitda(7.8M)(9.9M)(32.3M)(22.0M)(27.1M)(25.7M)
Cost Of Revenue691.8K1.8M4.8M6.0M5.1M4.9M
Income Before Tax(8.7M)(10.8M)(33.1M)(22.9M)(34.2M)(32.5M)
Net Income(8.8M)(11.3M)(33.1M)(45.9M)(34.2M)(32.5M)
Income Tax Expense174.7K564.1K54.1K22.9M(34.2M)(32.5M)
Research Development714.3K1.9M11.4M6.8M7.4M4.5M

AYRO Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory532.1K(5.0K)(2.7M)830.8K(5.5M)(5.2M)
Change In Cash602.6K35.9M32.6M(30.1M)4.3M3.5M
Free Cash Flow(4.6M)(10.5M)(27.2M)(20.4M)(28.4M)(26.9M)
Depreciation722.6K559.1K734.0K955.7K1.2M880.7K
Other Non Cash Items152.2K18.4K99.3K2.3M9.9M10.4M
Capital Expenditures505.4K518.7K600.4K1.6M2.2M2.3M
Net Income(8.7M)(10.8M)(33.1M)(22.9M)(34.2M)(32.5M)
End Period Cash Flow641.8K36.5M69.2M39.1M43.4M45.6M
Change To Netincome586.4K3.4M2.2M7.7M8.8M9.2M

AYRO Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining AYRO's current stock value. Our valuation model uses many indicators to compare AYRO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AYRO competition to find correlations between indicators driving AYRO's intrinsic value. More Info.
AYRO Inc is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, AYRO's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AYRO's earnings, one of the primary drivers of an investment's value.

AYRO Inc Systematic Risk

AYRO's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AYRO 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 AYRO Inc correlated with the market. If Beta is less than 0 AYRO generally moves in the opposite direction as compared to the market. If AYRO Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AYRO Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AYRO is generally in the same direction as the market. If Beta > 1 AYRO moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in AYRO Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AYRO's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of AYRO growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0149

At this time, AYRO's Price Earnings To Growth Ratio is very stable compared to the past year.

AYRO November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of AYRO help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AYRO Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of AYRO Inc based on widely used predictive technical indicators. In general, we focus on analyzing AYRO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AYRO's daily price indicators and compare them against related drivers.
When determining whether AYRO Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AYRO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ayro Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ayro Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AYRO Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Automotive Parts & Equipment 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 AYRO. If investors know AYRO 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 AYRO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.50)
Revenue Per Share
0.06
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.36)
Return On Equity
(0.57)
The market value of AYRO Inc is measured differently than its book value, which is the value of AYRO that is recorded on the company's balance sheet. Investors also form their own opinion of AYRO's value that differs from its market value or its book value, called intrinsic value, which is AYRO'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 AYRO's market value can be influenced by many factors that don't directly affect AYRO'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 AYRO's value and its price as these two are different measures arrived at by different means. Investors typically determine if AYRO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AYRO'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.