NeoVolta Common Financials

NEOV Stock  USD 5.57  0.23  3.97%   
Based on the analysis of NeoVolta Common's profitability, liquidity, and operating efficiency, NeoVolta Common Stock 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, NeoVolta Common's Net Working Capital is fairly stable compared to the past year. Key indicators impacting NeoVolta Common's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio58.6676.2116
Significantly Down
Slightly volatile
The essential information of the day-to-day investment outlook for NeoVolta Common includes many different criteria found on its balance sheet. An individual investor should monitor NeoVolta Common's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NeoVolta Common.

Net Income

(2.42 Million)

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

NeoVolta Common Stock Summary

NeoVolta Common competes with FREYR Battery, Microvast Holdings, Chardan NexTech, Solid Power, and Plug Power. NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. NeoVolta Inc. was incorporated in 2018 and is headquartered in Poway, California. Neovolta operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP640655106
LocationCalifornia; U.S.A
Business Address13651 Danielson Street,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.neovolta.com
Phone800 364 5464
CurrencyUSD - US Dollar

NeoVolta Common Key Financial Ratios

NeoVolta Common Key Balance Sheet Accounts

201920202021202220232024 (projected)
Net Tangible Assets3.3M3.1M2.6M6.5M7.4M7.8M
Retained Earnings(2.4M)(10.0M)(15.8M)(18.4M)(20.7M)(19.7M)
Total Current Assets3.4M3.3M4.1M6.5M4.7M4.1M
Common Stock14.4K19.6K22.0K33.2K33.2K21.1K
Total Assets3.4M3.3M4.1M6.5M4.7M4.8M
Other Current Liab21.6K40.7K180.8K39.5K55.8K64.1K
Net Debt(1.3M)(406.4K)791.3K(2.0M)(986.4K)(1.0M)
Accounts Payable3.7K53.5K205.6K0.05.3K5.1K
Cash1.3M425.7K330.4K2.0M986.4K1.1M
Inventory1.6M1.7M2.2M2.6M1.8M2.0M
Other Current Assets150.0K45.9K478.0K96.1K76.8K73.0K
Total Liab69.3K113.6K1.5M39.5K61.1K58.0K

NeoVolta Common Key Income Statement Accounts

The reason investors look at the income statement is to determine what NeoVolta Common'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)
Ebit(2.9M)(7.6M)(5.8M)(2.6M)(2.3M)(2.5M)
Operating Income(1.4M)(7.7M)(5.8M)(2.6M)(2.3M)(2.5M)
Research Development162.7K42.8K68.5K29.9K19.2K18.2K
Ebitda(1.4M)(7.6M)(5.8M)(2.6M)(2.3M)(2.4M)
Income Before Tax(1.5M)(7.6M)(5.8M)(2.6M)(2.3M)(2.4M)
Net Income(1.5M)(7.7M)(5.8M)(2.6M)(2.3M)(2.4M)
Income Tax Expense(1.4M)24.5K(5.8M)(1.5M)(1.4M)(1.4M)

NeoVolta Common Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(559.4K)(108.8K)(576.1K)(342.4K)703.3K738.4K
Change In Cash(1.8M)(883.6K)(95.3K)1.7M(1.0M)(965.5K)
Net Income(1.5M)(7.6M)(5.8M)(2.6M)(2.3M)(2.4M)
End Period Cash Flow1.3M425.7K330.4K2.0M986.4K942.6K
Change To Netincome616.7K7.4M5.3M2.0M2.3M2.8M
Free Cash Flow(1.9M)(883.6K)(1.2M)(2.1M)(1.0M)(1.1M)
Other Non Cash Items1.6M(29.6K)5.9M490K630K598.5K

NeoVolta Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NeoVolta Common's current stock value. Our valuation model uses many indicators to compare NeoVolta Common value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NeoVolta Common competition to find correlations between indicators driving NeoVolta Common's intrinsic value. More Info.
NeoVolta Common Stock is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, NeoVolta Common'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 NeoVolta Common 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.

NeoVolta Common Stock Systematic Risk

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

NeoVolta Common Thematic Clasifications

NeoVolta Common Stock is part of several thematic ideas from Heavy Metals to Copper. 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 NeoVolta Common Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NeoVolta 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 NeoVolta Common growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.37

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

NeoVolta Common November 26, 2024 Opportunity Range

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

Additional Tools for NeoVolta Stock Analysis

When running NeoVolta Common's price analysis, check to measure NeoVolta 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 NeoVolta Common is operating at the current time. Most of NeoVolta Common's value examination focuses on studying past and present price action to predict the probability of NeoVolta 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 NeoVolta Common's price. Additionally, you may evaluate how the addition of NeoVolta Common to your portfolios can decrease your overall portfolio volatility.