Ehang Common Stock Total Equity vs Total Current Liabilities Analysis

EH Stock  USD 14.06  0.77  5.79%   
Ehang Holdings financial indicator trend analysis is much more than just examining Ehang Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ehang Holdings is a good investment. Please check the relationship between Ehang Holdings Common Stock Total Equity and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehang Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ehang Holdings Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ehang Holdings' Common Stock Total Equity and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ehang Holdings, assuming nothing else is changed. The correlation between historical values of Ehang Holdings' Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Ehang Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Ehang Holdings' Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on Ehang Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ehang Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Ehang Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ehang Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehang Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.The current Tax Provision is estimated to decrease to about 195.7 K. The current Selling General Administrative is estimated to decrease to about 103.5 M
 2021 2022 2023 2024 (projected)
Gross Profit36.0M29.2M75.3M55.9M
Total Revenue56.8M44.3M117.4M97.2M

Ehang Holdings fundamental ratios Correlations

0.70.940.910.970.550.960.680.79-0.48-0.840.850.90.750.550.940.680.990.420.12-0.980.980.940.750.99-0.91
0.70.830.870.580.160.550.990.890.13-0.930.410.630.970.630.60.180.630.54-0.19-0.590.710.690.840.76-0.43
0.940.830.960.870.460.860.790.82-0.33-0.890.710.890.830.660.870.490.930.44-0.14-0.890.910.920.740.97-0.77
0.910.870.960.80.350.790.850.81-0.12-0.90.730.760.880.750.760.520.880.59-0.07-0.830.870.910.790.94-0.68
0.970.580.870.80.561.00.560.72-0.63-0.740.880.920.640.450.950.760.960.260.09-0.990.980.870.680.93-0.98
0.550.160.460.350.560.570.20.36-0.48-0.420.550.490.290.170.580.280.490.410.45-0.520.50.70.280.54-0.54
0.960.550.860.791.00.570.520.68-0.66-0.710.880.920.60.460.940.770.960.240.08-0.990.970.870.640.91-0.99
0.680.990.790.850.560.20.520.920.19-0.950.420.560.990.560.570.180.610.64-0.07-0.560.70.690.890.74-0.4
0.790.890.820.810.720.360.680.92-0.06-0.980.560.680.940.330.710.360.720.560.07-0.690.830.740.970.83-0.6
-0.480.13-0.33-0.12-0.63-0.48-0.660.19-0.060.04-0.42-0.690.120.06-0.68-0.45-0.540.46-0.020.62-0.49-0.330.04-0.40.75
-0.84-0.93-0.89-0.9-0.74-0.42-0.71-0.95-0.980.04-0.61-0.7-0.98-0.49-0.74-0.37-0.77-0.65-0.070.73-0.84-0.83-0.94-0.880.61
0.850.410.710.730.880.550.880.420.56-0.42-0.610.640.530.50.690.920.840.480.23-0.880.850.840.610.8-0.85
0.90.630.890.760.920.490.920.560.68-0.69-0.70.640.610.440.980.50.910.06-0.14-0.920.910.780.560.88-0.9
0.750.970.830.880.640.290.60.990.940.12-0.980.530.610.580.620.290.680.68-0.01-0.630.760.770.920.8-0.49
0.550.630.660.750.450.170.460.560.330.06-0.490.50.440.580.380.310.520.46-0.32-0.50.490.670.30.56-0.34
0.940.60.870.760.950.580.940.570.71-0.68-0.740.690.980.620.380.530.940.160.07-0.940.930.820.620.92-0.92
0.680.180.490.520.760.280.770.180.36-0.45-0.370.920.50.290.310.530.710.230.16-0.770.720.590.460.6-0.79
0.990.630.930.880.960.490.960.610.72-0.54-0.770.840.910.680.520.940.710.330.08-0.980.960.890.690.97-0.92
0.420.540.440.590.260.410.240.640.560.46-0.650.480.060.680.460.160.230.330.43-0.260.360.620.640.48-0.1
0.12-0.19-0.14-0.070.090.450.08-0.070.07-0.02-0.070.23-0.14-0.01-0.320.070.160.080.43-0.040.040.150.190.1-0.08
-0.98-0.59-0.89-0.83-0.99-0.52-0.99-0.56-0.690.620.73-0.88-0.92-0.63-0.5-0.94-0.77-0.98-0.26-0.04-0.98-0.88-0.66-0.940.97
0.980.710.910.870.980.50.970.70.83-0.49-0.840.850.910.760.490.930.720.960.360.04-0.980.890.80.95-0.93
0.940.690.920.910.870.70.870.690.74-0.33-0.830.840.780.770.670.820.590.890.620.15-0.880.890.70.94-0.78
0.750.840.740.790.680.280.640.890.970.04-0.940.610.560.920.30.620.460.690.640.19-0.660.80.70.78-0.57
0.990.760.970.940.930.540.910.740.83-0.4-0.880.80.880.80.560.920.60.970.480.1-0.940.950.940.78-0.84
-0.91-0.43-0.77-0.68-0.98-0.54-0.99-0.4-0.60.750.61-0.85-0.9-0.49-0.34-0.92-0.79-0.92-0.1-0.080.97-0.93-0.78-0.57-0.84
Click cells to compare fundamentals

Ehang Holdings Account Relationship Matchups

Ehang Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets449.4M484.5M535.4M530.9M598.6M452.1M
Short Long Term Debt Total37.5M15M30M200.1M163.5M171.7M
Other Current Liab53.3M38.7M61.9M97.8M86.4M56.5M
Total Current Liabilities95.6M158.0M136.4M282.3M250.1M159.1M
Total Stockholder Equity311.6M276.3M332.6M124.3M213.8M224.5M
Other Liab5.9M8.8M47.9M10.1M11.6M15.3M
Net Tangible Assets310.4M275.3M331.9M122.3M140.6M147.7M
Property Plant And Equipment Net16.3M20.9M33.8M120.5M119.2M125.1M
Current Deferred Revenue10.0M8.3M16.0M22.8M41.9M44.0M
Net Debt(284.1M)(122.8M)(216.9M)(49.2M)(64.7M)(67.9M)
Retained Earnings(720.4M)(808.0M)(1.1B)(1.5B)(1.8B)(1.7B)
Accounts Payable27.3M60.4M45.6M35.5M35.1M37.4M
Cash321.7M137.8M246.9M249.3M228.3M205.4M
Non Current Assets Total20.9M43.8M58.3M143.7M145.6M152.9M
Non Currrent Assets Other252K4.1M2.4M11.4M1.4M1.4M
Other Assets436K19.0M17.6M11.4M13.1M8.9M
Cash And Short Term Investments329.3M187.1M312.0M249.3M300.1M242.0M
Net Receivables60.1M163.9M57.5M31.1M46.0M60.7M
Common Stock Shares Outstanding30.6M54.8M56.5M57.3M60.7M56.0M
Short Term Investments0.07.7M49.3M65.1M57.5M34.3M
Liabilities And Stockholders Equity449.4M484.5M535.4M530.9M598.6M452.1M
Non Current Liabilities Total38.5M48.8M64.9M123.8M94.4M181.8M
Inventory18.5M47.1M78.1M72.4M59.5M44.1M
Other Current Assets4.8M19.6M13.1M21.4M47.4M49.8M
Other Stockholder Equity1.0B1.1B1.5B1.6B2.0B1.1B
Total Liab134.1M206.8M201.4M406.2M344.4M297.5M
Net Invested Capital349.4M291.3M362.6M248.9M296.4M311.3M
Property Plant And Equipment Gross16.3M20.9M33.8M120.5M154.0M161.6M
Short Long Term Debt5.3M15M13M120.8M73.3M37.7M
Total Current Assets428.5M440.7M477.2M387.2M453.0M380.1M
Accumulated Other Comprehensive Income11.2M3.0M(4.7M)16.2M16.3M9.2M
Net Working Capital332.9M282.7M340.7M104.8M203.0M221.0M
Short Term Debt5M45M13M126.3M78.9M46.4M
Intangible Assets272K120K745K2.0M2.4M2.5M

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehang Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Aerospace & Defense 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 Ehang Holdings. If investors know Ehang 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 Ehang Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
3.923
Quarterly Revenue Growth
9.196
Return On Assets
(0.21)
Return On Equity
(0.71)
The market value of Ehang Holdings is measured differently than its book value, which is the value of Ehang that is recorded on the company's balance sheet. Investors also form their own opinion of Ehang Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ehang Holdings' 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 Ehang Holdings' market value can be influenced by many factors that don't directly affect Ehang Holdings' 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 Ehang Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ehang Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ehang Holdings' 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.