Electra Battery Financials

ELBM Stock  USD 0.50  0  0.80%   
Based on the key measurements obtained from Electra Battery's financial statements, Electra Battery Materials is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December. At this time, Electra Battery's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of November 2024, Total Liabilities is likely to grow to about 68.7 M, while Total Stockholder Equity is likely to drop about 76.8 M. Key indicators impacting Electra Battery's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.560.533
Sufficiently Up
Slightly volatile
Current Ratio0.630.6626
Notably Down
Slightly volatile
Investors should never underestimate Electra Battery'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 Electra Battery's cash flow, debt, and profitability to make informed and accurate decisions about investing in Electra Battery Materials.

Net Income

(61.43 Million)

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

Electra Battery Stock Summary

Electra Battery competes with Morningstar Unconstrained, Knife River, SEI Investments, Goosehead Insurance, and Koppers Holdings. Electra Battery Materials Corporation acquires and explores for resource properties in the United States and Canada. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada. Electra Battery operates under Other Industrial Metals Mining classification in the United States and is traded on NASDAQ Exchange. It employs 19 people.
Foreign Associate
  Canada
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA28474P2017
CUSIP28474P201
LocationOntario; Canada
Business Address133 Richmond Street
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websiteelectrabmc.com
CurrencyUSD - US Dollar

Electra Battery Key Financial Ratios

Electra Battery Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets98.3M103.7M167.6M187.5M148.7M97.6M
Other Current Liab135.0K1.9M1.2M9.6M7.2M7.6M
Net Debt1.9M2.5M(35.3M)21.7M37.0M38.8M
Retained Earnings(156.0M)(158.4M)(193.3M)(180.8M)(245.4M)(233.2M)
Cash4.4M4.2M58.6M8.0M8.4M11.2M
Net Receivables263.1K221K957K3.1M1.1M781.6K
Other Current Assets432.4K6.3M584K5.1M2.4M1.8M
Total Liab9.8M11.5M67.6M61.0M65.4M68.7M
Total Current Assets5.1M10.5M61.9M13.5M10.6M13.3M
Common Stock230.4M234.6M276.2M288.9M304.7M157.6M
Accounts Payable151.6K981K3.5M18.9M8.8M9.2M
Other Liab3.2M2.0M39.7M2.9M3.3M3.2M
Net Tangible Assets88.6M92.2M100.0M126.5M113.9M99.1M
Other Assets918.7K919K7.6M4.0M4.6M3.1M
Net Invested Capital106.9M98.8M123.3M155.9M127.7M108.1M
Capital Stock230.4M234.6M276.2M288.9M304.7M286.1M
Net Working Capital4.8M7.6M57.2M(40.6M)(5.4M)(5.1M)

Electra Battery Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income(8.4M)(7.4M)(19.2M)(16.8M)14.0M14.7M
Ebit(8.4M)(6.9M)(18.3M)(15.8M)(13.4M)(14.0M)
Ebitda99.3M(6.7M)(18.3M)(15.7M)(13.3M)(12.7M)
Income Before Tax(116.4M)(2.4M)(34.9M)12.6M(64.7M)(61.4M)
Net Income(116.4M)(2.4M)(34.9M)12.6M(64.7M)(61.4M)
Income Tax Expense254.1K632K14.6M(29.3M)(27.3M)(26.0M)
Interest Expense254.1K632K191K29.3M10.9M11.5M
Net Interest Income(254.1K)(631.6K)(191K)328K(23.2M)(22.0M)
Research Development1.2M1.5M4.4M2.3M3.0M2.3M

Electra Battery Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash1.2M(246K)54.5M(50.7M)(392K)(372.4K)
Free Cash Flow(9.4M)(5.7M)(19.0M)(63.5M)(36.8M)(34.9M)
Capital Expenditures2.3M307.3K2.1M47.6M13.7M14.4M
Net Income(116.4M)(2.4M)(34.9M)12.6M(64.7M)(61.4M)
End Period Cash Flow4.4M4.2M58.6M8.0M7.6M11.1M
Other Non Cash Items108.1M(4.8M)3.2M(28.6M)49.7M52.2M
Depreciation461.3K213.782K48K56K53.2K
Change To Netincome109.2M(4.1M)17.8M(27.3M)(24.6M)(23.4M)

Electra Financial Ratios Relationships

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

Electra Battery Materials Systematic Risk

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

Electra Battery Thematic Clasifications

Electra Battery Materials is part of Electrical 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 Electrical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Electrical EquipmentView
This theme covers USA Equities from Electrical 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 Electra Battery Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Electra Battery'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 Electra Battery growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.24

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

Electra Battery November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Electra Battery help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Electra Battery Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Electra Battery Materials based on widely used predictive technical indicators. In general, we focus on analyzing Electra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Electra Battery's daily price indicators and compare them against related drivers.
When determining whether Electra Battery Materials is a strong investment it is important to analyze Electra Battery's 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 Electra Battery's future performance. For an informed investment choice regarding Electra Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.01)
Return On Assets
(0.04)
Return On Equity
(0.78)
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery'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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery'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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery'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.