Chardan NexTech Financials

DFLIW Stock  USD 0.01  0.0004  3.10%   
Based on the key indicators obtained from Chardan NexTech's historical financial statements, Chardan NexTech Acquisition 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, Chardan NexTech's Short and Long Term Debt Total is fairly stable compared to the past year. Accounts Payable is likely to climb to about 10.5 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 5.3 M in 2024. Key indicators impacting Chardan NexTech's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.670.7052
Notably Down
Slightly volatile
Current Ratio1.321.3849
Sufficiently Down
Very volatile
Investors should never underestimate Chardan NexTech'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 Chardan NexTech's cash flow, debt, and profitability to make informed and accurate decisions about investing in Chardan NexTech Acquisition.

Net Income

(13.13 Million)

  
Understanding current and past Chardan NexTech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chardan NexTech's financial statements are interrelated, with each one affecting the others. For example, an increase in Chardan NexTech's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Chardan NexTech's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Chardan NexTech Acquisition. Check Chardan NexTech's Beneish M Score to see the likelihood of Chardan NexTech's management manipulating its earnings.

Chardan NexTech Stock Summary

Chardan NexTech competes with Chardan NexTech, and EVgo Equity. Chardan NexTech is entity of United States. It is traded as Stock on NASDAQ exchange.
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP159561117 26145B114
LocationNevada; U.S.A
Business Address1190 Trademark Drive,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitedragonflyenergy.com
Phone775 622 3448
CurrencyUSD - US Dollar

Chardan NexTech Key Financial Ratios

Chardan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Chardan NexTech's current stock value. Our valuation model uses many indicators to compare Chardan NexTech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chardan NexTech competition to find correlations between indicators driving Chardan NexTech's intrinsic value. More Info.
Chardan NexTech Acquisition is rated # 3 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . At this time, Chardan NexTech's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Chardan NexTech 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.

Chardan NexTech Acqu Systematic Risk

Chardan NexTech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chardan NexTech 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Chardan NexTech Acqu correlated with the market. If Beta is less than 0 Chardan NexTech generally moves in the opposite direction as compared to the market. If Chardan NexTech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chardan NexTech Acqu is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chardan NexTech is generally in the same direction as the market. If Beta > 1 Chardan NexTech moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Chardan NexTech is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Chardan has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Chardan NexTech's financials are consistent with your investment objective using the following steps:
  • Review Chardan NexTech's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Chardan NexTech's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Chardan NexTech's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Chardan NexTech's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Chardan NexTech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Chardan NexTech'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 Chardan NexTech growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.41

At this time, Chardan NexTech's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Chardan NexTech November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Chardan NexTech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chardan NexTech Acquisition. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chardan NexTech Acquisition based on widely used predictive technical indicators. In general, we focus on analyzing Chardan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chardan NexTech's daily price indicators and compare them against related drivers.

Additional Tools for Chardan Stock Analysis

When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.