Electrovaya Common Financials

ELVA Stock   2.50  0.01  0.40%   
Based on the analysis of Electrovaya Common's profitability, liquidity, and operating efficiency, Electrovaya Common Shares is not in a good financial situation at this time. It has a very high probability of going through financial hardship in February. At present, Electrovaya Common's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 8.5 M, whereas Total Assets are forecasted to decline to about 23.7 M. Key indicators impacting Electrovaya Common's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.131.19
Notably Down
Slightly volatile
Investors should never underestimate Electrovaya Common'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 Electrovaya Common's cash flow, debt, and profitability to make informed and accurate decisions about investing in Electrovaya Common Shares.

Net Income

(1.4 Million)

  
Understanding current and past Electrovaya Common Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Electrovaya Common's financial statements are interrelated, with each one affecting the others. For example, an increase in Electrovaya Common's assets may result in an increase in income on the income statement.
Please note, the presentation of Electrovaya Common'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, Electrovaya Common's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Electrovaya Common's management manipulating its earnings.

Electrovaya Common Stock Summary

Electrovaya Common competes with Victorias Secret, Tapestry, National Vision, Academy Sports, and VF. Electrovaya Common is entity of United States. It is traded as Stock on NASDAQ exchange.
Foreign Associate
  Canada
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP28617B606
LocationOntario; Canada
Business Address6688 Kitimat Road,
SectorElectrical Equipment
IndustryIndustrials
BenchmarkDow Jones Industrial
Websiteelectrovaya.com
Phone905 855 4610

Electrovaya Common Key Financial Ratios

Electrovaya Common Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets15.0M22.2M36.5M39.5M45.4M23.7M
Other Current Liab3.5M3.7M3.9M2.6M2.9M1.9M
Net Debt7.3M22.5M18.0M20.0M23.0M24.1M
Retained Earnings(127.1M)(129.0M)(130.5M)(129.2M)(116.3M)(110.5M)
Accounts Payable1.0M1.5M6.0M7.1M8.1M8.5M
Cash4.2M626K1.0M781K702.9K667.8K
Net Receivables1.3M2.9M10.6M11.3M13.0M13.6M
Inventory4.7M7.4M8.3M9.7M11.2M11.7M
Other Current Assets1.8M3.9M6.0M7.6M8.8M9.2M
Total Liab16.7M28.9M29.4M30.9M35.5M37.3M
Total Current Assets12.0M14.8M25.9M29.4M33.8M35.5M
Common Stock102.5M103.3M115.0M116.4M133.9M92.4M
Short Term Debt8.8M17.4M16.7M18.9M21.7M11.5M
Net Invested Capital1.2M6.9M10.7M23.5M27.0M28.3M
Short Long Term Debt10.0M8.6M16.6M16.3M18.7M14.1M
Capital Stock86.1M102.5M103.3M115.0M132.3M107.8M
Net Working Capital(8.4M)(1.4M)(5.7M)(705K)(810.8K)(851.3K)

Electrovaya Common Key Income Statement Accounts

202020212022202320242025 (projected)
Total Revenue9.9M15.6M43.4M44.6M51.3M53.8M
Gross Profit2.3M3.2M11.2M13.7M15.7M16.5M
Operating Income(7.3M)(7.3M)1.2M729K656.1K688.9K
Ebit(4.9M)(6.9M)347.6K1.7M2.0M2.1M
Research Development4.6M3.4M3.4M3.0M3.5M3.0M
Ebitda(4.5M)(6.4M)1.2M2.9M2.6M2.8M
Cost Of Revenue7.7M12.4M32.2M30.9M35.6M37.3M
Income Before Tax(7.5M)(9.2M)(2.2M)(1.5M)(1.7M)(1.8M)
Net Income(7.5M)(9.2M)(1.5M)(1.5M)(1.3M)(1.4M)
Income Tax Expense(6.1M)(6.6M)2.3M(679K)(611.1K)(580.5K)
Interest Expense2.7M2.3M2.5M3.2M3.7M2.1M
Net Interest Income(3.1M)(2.7M)(2.7M)(2.8M)(2.6M)(2.7M)

Electrovaya Common Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash3.1M(3.6M)406K(251K)(225.9K)(214.6K)
Free Cash Flow(8.7M)(9.0M)(5.7M)913K821.7K862.8K
Depreciation319K503K907K1.2M1.1M675.8K
Other Non Cash Items1.2M3.0M1.9M1.4M1.6M1.7M
Capital Expenditures560K203K501.3K125K112.5K106.9K
Net Income(7.5M)(9.2M)(1.5M)(1.5M)(1.7M)(1.8M)
End Period Cash Flow4.2M626K1.0M781K702.9K667.8K
Change To Inventory(2.6M)(2.8M)(724K)(1.4M)(1.3M)(1.2M)
Investments(115K)(560K)(423K)(903K)(812.7K)(853.3K)

Electrovaya Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Electrovaya Common's current stock value. Our valuation model uses many indicators to compare Electrovaya Common value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Electrovaya Common competition to find correlations between indicators driving Electrovaya Common's intrinsic value. More Info.
Electrovaya Common Shares 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 reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Electrovaya Common Shares is roughly  2.74 . At present, Electrovaya Common's Return On Equity is projected to increase slightly based on the last few years of reporting. 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 Electrovaya Common's earnings, one of the primary drivers of an investment's value.

Electrovaya Common Shares Systematic Risk

Electrovaya Common's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Electrovaya Common 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.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Electrovaya Common Shares correlated with the market. If Beta is less than 0 Electrovaya Common generally moves in the opposite direction as compared to the market. If Electrovaya Common Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Electrovaya Common Shares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Electrovaya Common is generally in the same direction as the market. If Beta > 1 Electrovaya Common moves generally in the same direction as, but more than the movement of the benchmark.

Electrovaya Common Thematic Clasifications

Electrovaya Common Shares is part of several thematic ideas from Heavy Metals to Electrical Equipment. 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. Get More Thematic Ideas
Today, most investors in Electrovaya Common Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Electrovaya Common'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 Electrovaya Common growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.6

At present, Electrovaya Common's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Electrovaya Common January 18, 2025 Opportunity Range

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

Complementary Tools for Electrovaya Stock analysis

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