Paranovus Entertainment Technology Stock EBITDA

PAVS Stock   0.96  0.03  3.23%   
Paranovus Entertainment Technology fundamentals help investors to digest information that contributes to Paranovus Entertainment's financial success or failures. It also enables traders to predict the movement of Paranovus Stock. The fundamental analysis module provides a way to measure Paranovus Entertainment'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 Paranovus Entertainment stock.
Last ReportedProjected for Next Year
EBITDA-3.4 M-3.2 M
EBITDA is likely to gain to about (3.2 M) 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.

Paranovus Entertainment Technology Company EBITDA Analysis

Paranovus Entertainment's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Paranovus Entertainment EBITDA

    
  (3.37 M)  
Most of Paranovus Entertainment's fundamental indicators, such as EBITDA, 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, Paranovus Entertainment Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Paranovus EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Paranovus Entertainment is extremely important. It helps to project a fair market value of Paranovus Stock properly, considering its historical fundamentals such as EBITDA. Since Paranovus Entertainment'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 Paranovus Entertainment'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 Paranovus Entertainment's interrelated accounts and indicators.
0.97-0.910.750.410.770.180.950.060.25-0.440.850.19-0.350.680.45-0.10.01-0.330.49
0.97-0.960.740.210.72-0.060.950.040.18-0.380.780.26-0.320.630.4-0.040.01-0.270.32
-0.91-0.96-0.68-0.1-0.60.16-0.92-0.17-0.090.29-0.7-0.380.25-0.59-0.41-0.010.060.24-0.24
0.750.74-0.680.020.960.080.87-0.49-0.37-0.890.93-0.42-0.840.960.84-0.68-0.59-0.830.47
0.410.21-0.10.020.20.850.20.280.730.010.30.090.160.040.00.10.370.020.73
0.770.72-0.60.960.20.230.85-0.49-0.22-0.890.95-0.46-0.810.930.78-0.64-0.47-0.790.55
0.18-0.060.160.080.850.230.050.080.38-0.250.33-0.29-0.120.190.2-0.230.05-0.250.72
0.950.95-0.920.870.20.850.05-0.09-0.05-0.60.90.04-0.530.820.65-0.26-0.26-0.520.4
0.060.04-0.17-0.490.28-0.490.08-0.090.530.64-0.240.850.65-0.4-0.510.780.620.66-0.25
0.250.18-0.09-0.370.73-0.220.38-0.050.530.55-0.130.580.65-0.45-0.60.580.870.620.31
-0.44-0.380.29-0.890.01-0.89-0.25-0.60.640.55-0.830.750.95-0.93-0.870.860.750.95-0.44
0.850.78-0.70.930.30.950.330.9-0.24-0.13-0.83-0.29-0.750.940.75-0.53-0.38-0.720.54
0.190.26-0.38-0.420.09-0.46-0.290.040.850.580.75-0.290.73-0.47-0.580.880.710.77-0.33
-0.35-0.320.25-0.840.16-0.81-0.12-0.530.650.650.95-0.750.73-0.89-0.870.870.730.89-0.27
0.680.63-0.590.960.040.930.190.82-0.4-0.45-0.930.94-0.47-0.890.9-0.67-0.65-0.870.39
0.450.4-0.410.840.00.780.20.65-0.51-0.6-0.870.75-0.58-0.870.9-0.75-0.82-0.930.42
-0.1-0.04-0.01-0.680.1-0.64-0.23-0.260.780.580.86-0.530.880.87-0.67-0.750.750.89-0.47
0.010.010.06-0.590.37-0.470.05-0.260.620.870.75-0.380.710.73-0.65-0.820.750.88-0.16
-0.33-0.270.24-0.830.02-0.79-0.25-0.520.660.620.95-0.720.770.89-0.87-0.930.890.88-0.51
0.490.32-0.240.470.730.550.720.4-0.250.31-0.440.54-0.33-0.270.390.42-0.47-0.16-0.51
Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Paranovus Ebitda

Ebitda

(3.2 Million)

At this time, Paranovus Entertainment's EBITDA is comparatively stable compared to the past year.
According to the company disclosure, Paranovus Entertainment Technology reported earnings before interest,tax, depreciation and amortization of (3.37 Million). This is 100.22% lower than that of the Food Products sector and 100.34% lower than that of the Consumer Staples industry. The ebitda for all United States stocks is 100.09% higher than that of the company.

Paranovus EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Paranovus Entertainment's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Paranovus Entertainment could also be used in its relative valuation, which is a method of valuing Paranovus Entertainment by comparing valuation metrics of similar companies.
Paranovus Entertainment is currently under evaluation in ebitda category among its peers.

Paranovus Fundamentals

About Paranovus Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Paranovus Entertainment Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paranovus Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paranovus Entertainment Technology 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Paranovus Stock Analysis

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