Electrocore LLC Financials

ECOR Stock  USD 11.35  0.14  1.25%   
Based on the measurements of operating efficiency obtained from Electrocore LLC's historical financial statements, Electrocore LLC 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, Electrocore LLC's Cash And Short Term Investments are relatively stable compared to the past year. As of 11/25/2024, Common Stock Shares Outstanding is likely to grow to about 5.7 M, while Other Current Liabilities is likely to drop slightly above 4.3 M. Key indicators impacting Electrocore LLC's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.671.7597
Notably Down
Slightly volatile
Investors should never underestimate Electrocore LLC'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 Electrocore LLC's cash flow, debt, and profitability to make informed and accurate decisions about investing in Electrocore LLC.

Net Income

(19.78 Million)

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

Electrocore LLC Earnings Geography

Electrocore LLC Stock Summary

Electrocore LLC competes with STRATA Skin, Sight Sciences, Neuropace, IRIDEX, and EnVVeno Medical. electroCore, Inc., a commercial stage medical device company, engages in the development and commercialization of a range of non-invasive vagus nerve stimulation therapies. The company was incorporated in 2005 and is headquartered in Rockaway, New Jersey. Electrocore operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 52 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS28531P1030
CUSIP28531P103 28531P202
LocationNew Jersey; U.S.A
Business Address200 Forge Way,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.electrocore.com
Phone973 290 0097
CurrencyUSD - US Dollar

Electrocore LLC Key Financial Ratios

Electrocore LLC Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets36.1M31.5M42.8M24.8M16.1M26.5M
Other Current Liab3.3M2.7M4.2M4.5M5.3M4.3M
Net Tangible Assets23.2M23.0M36.1M16.3M18.8M19.7M
Net Debt(11.5M)(1.2M)(33.9M)(17.0M)(9.7M)(10.2M)
Retained Earnings(83.5M)(107.0M)(124.2M)(146.4M)(165.2M)(173.5M)
Accounts Payable5.2M2.1M938K2.1M2.2M1.8M
Cash13.6M4.2M34.7M17.7M10.3M14.0M
Other Assets635.9K4.9M(10.0)3.5M4.0M4.2M
Net Receivables496.1K270.5K438K401K717K373.8K
Capital Surpluse22.6M103.8M107.8M130.2M149.7M81.9M
Inventory891.0K841.6K1.4M2.0M2.2M1.3M
Other Current Assets1.1M1.3M2.1M1.1M1.1M1.3M
Total Liab10.6M7.9M6.2M7.7M8.7M8.2M
Total Current Assets26.5M22.6M37.5M21.2M14.3M23.4M
Common Stock29.8K45.6K70.7K5K6K5.7K
Net Invested Capital24.4M24.6M36.6M17.1M7.4M13.5M
Net Working Capital17.4M19.2M32.1M14.1M6.2M5.9M
Capital Stock29.8K45.6K70.7K5K6K5.7K

Electrocore LLC Key Income Statement Accounts

The reason investors look at the income statement is to determine what Electrocore LLC's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Net Interest Income970.6K84.3K10.7K287K440K462K
Interest Income970.6K84.3K10.7K287K440K398.5K
Interest Expense2.8M8.3K4.3M287K258.3K245.4K
Total Revenue2.4M3.5M5.5M8.6M16.0M16.8M
Gross Profit1.2M1.8M4.1M7.0M13.2M13.9M
Operating Income(44.1M)(24.3M)(20.0M)(22.9M)(18.8M)(19.7M)
Ebit(44.1M)(24.7M)(20.1M)(22.9M)(18.8M)(19.7M)
Research Development9.9M4.2M2.5M5.5M5.3M5.6M
Ebitda(42.1M)(24.2M)(19.7M)(22.3M)(17.8M)(18.6M)
Cost Of Revenue1.2M1.7M1.4M1.6M2.8M2.9M
Income Before Tax(45.1M)(24.7M)(18.1M)(22.6M)(19.0M)(20.0M)
Net Income(45.1M)(23.5M)(17.2M)(22.2M)(18.8M)(19.8M)
Income Tax Expense18K(1.2M)(851.2K)(431K)(186K)(176.7K)
Tax Provision17.7K(1.2M)(851.2K)(431K)(197K)(206.9K)

Electrocore LLC Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(5.0M)735.6K371.0K296K96K100.8K
Investments51.0M(8.0M)18.2M1.0M(165K)(156.8K)
Change In Cash6.0M(9.3M)30.4M(16.7M)(7.4M)(7.0M)
Free Cash Flow(45.1M)(20.1M)(13.6M)(16.6M)(14.9M)(15.6M)
Depreciation249.6K399.2K381.5K548K1.0M1.1M
Other Non Cash Items(963.8K)529.4K(11.8K)244K628K1.2M
Net Income(45.1M)(23.5M)(17.2M)(22.2M)(18.8M)(19.8M)
End Period Cash Flow13.6M4.2M34.7M18.0M10.6M14.1M
Change To Netincome4.0M3.7M1.6M2.9M2.6M2.9M

Electrocore Financial Ratios Relationships

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

Electrocore LLC Systematic Risk

Electrocore LLC's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Electrocore LLC 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 Electrocore LLC correlated with the market. If Beta is less than 0 Electrocore LLC generally moves in the opposite direction as compared to the market. If Electrocore LLC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Electrocore LLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Electrocore LLC is generally in the same direction as the market. If Beta > 1 Electrocore LLC moves generally in the same direction as, but more than the movement of the benchmark.

Electrocore LLC Thematic Clasifications

Electrocore LLC is part of Medical Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Medical EquipmentView
This theme covers USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Electrocore LLC Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Electrocore LLC'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 Electrocore LLC growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0611

At this time, Electrocore LLC's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Electrocore LLC November 25, 2024 Opportunity Range

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

Additional Tools for Electrocore Stock Analysis

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