Evgo Equity Warrants Stock Current Ratio

EVGOW Stock  USD 1.10  0.01  0.90%   
EVgo Equity Warrants fundamentals help investors to digest information that contributes to EVgo Equity's financial success or failures. It also enables traders to predict the movement of EVgo Stock. The fundamental analysis module provides a way to measure EVgo Equity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EVgo Equity stock.
Last ReportedProjected for Next Year
Current Ratio 2.99  2.54 
Current Ratio is likely to drop to 2.54 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

EVgo Equity Warrants Company Current Ratio Analysis

EVgo Equity's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current EVgo Equity Current Ratio

    
  2.54  
Most of EVgo Equity's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EVgo Equity Warrants is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EVgo Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for EVgo Equity is extremely important. It helps to project a fair market value of EVgo Stock properly, considering its historical fundamentals such as Current Ratio. Since EVgo Equity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EVgo Equity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EVgo Equity's interrelated accounts and indicators.
-0.690.92-0.83-0.660.860.820.97-0.60.930.870.380.84-0.89-0.51-0.51
-0.69-0.480.971.0-0.24-0.29-0.480.99-0.9-0.94-0.41-0.620.550.050.05
0.92-0.48-0.64-0.440.930.750.93-0.380.780.690.260.78-0.83-0.44-0.44
-0.830.97-0.640.96-0.44-0.49-0.660.94-0.97-0.99-0.39-0.710.670.230.23
-0.661.0-0.440.96-0.21-0.27-0.450.99-0.88-0.93-0.42-0.60.530.040.04
0.86-0.240.93-0.44-0.210.840.96-0.130.630.520.160.67-0.77-0.55-0.55
0.82-0.290.75-0.49-0.270.840.88-0.180.660.580.230.66-0.77-0.89-0.89
0.97-0.480.93-0.66-0.450.960.88-0.380.810.720.320.79-0.87-0.58-0.58
-0.60.99-0.380.940.99-0.13-0.18-0.38-0.84-0.9-0.36-0.520.44-0.04-0.04
0.93-0.90.78-0.97-0.880.630.660.81-0.840.990.430.81-0.8-0.38-0.38
0.87-0.940.69-0.99-0.930.520.580.72-0.90.990.380.73-0.71-0.32-0.32
0.38-0.410.26-0.39-0.420.160.230.32-0.360.430.380.79-0.72-0.11-0.11
0.84-0.620.78-0.71-0.60.670.660.79-0.520.810.730.79-0.99-0.41-0.41
-0.890.55-0.830.670.53-0.77-0.77-0.870.44-0.8-0.71-0.72-0.990.520.52
-0.510.05-0.440.230.04-0.55-0.89-0.58-0.04-0.38-0.32-0.11-0.410.521.0
-0.510.05-0.440.230.04-0.55-0.89-0.58-0.04-0.38-0.32-0.11-0.410.521.0
Click cells to compare fundamentals

EVgo Current Ratio Historical Pattern

Today, most investors in EVgo Equity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EVgo Equity's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EVgo Equity current ratio as a starting point in their analysis.
   EVgo Equity Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

EVgo Price To Sales Ratio

Price To Sales Ratio

1.91

At this time, EVgo Equity's Price To Sales Ratio is fairly stable compared to the past year.

Did you try this?

Run Portfolio Rebalancing Now

   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Module

EVgo Fundamentals

About EVgo Equity Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EVgo Equity Warrants's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EVgo Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EVgo Equity Warrants based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EVgo Stock Analysis

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