Electra Current Deferred Revenue vs Total Assets Analysis
ELBM Stock | USD 0.49 0.01 2.00% |
Electra Battery financial indicator trend analysis is much more than just examining Electra Battery Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electra Battery Materials is a good investment. Please check the relationship between Electra Battery Current Deferred Revenue and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Current Deferred Revenue vs Total Assets
Current Deferred Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electra Battery Materials Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Electra Battery's Current Deferred Revenue and Total Assets is 0.83. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Electra Battery Materials, assuming nothing else is changed. The correlation between historical values of Electra Battery's Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Electra Battery Materials are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Electra Battery's Current Deferred Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Assets
Total assets refers to the total amount of Electra Battery assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Electra Battery Materials books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Electra Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electra Battery Materials 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 Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 28.3 M, while Selling General Administrative is likely to drop about 4.9 M.
Electra Battery fundamental ratios Correlations
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Electra Battery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Electra Battery fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 98.3M | 103.7M | 167.6M | 187.5M | 148.7M | 97.6M | |
Other Current Liab | 135.0K | 1.9M | 1.2M | 9.6M | 7.2M | 7.6M | |
Total Current Liabilities | 286.6K | 2.8M | 4.7M | 54.1M | 16.0M | 16.8M | |
Total Stockholder Equity | 88.6M | 92.2M | 100.0M | 126.5M | 83.3M | 76.8M | |
Property Plant And Equipment Net | 92.3M | 92.3M | 104.7M | 173.1M | 51.3M | 76.0M | |
Net Debt | 1.9M | 2.5M | (35.3M) | 21.7M | 37.0M | 38.8M | |
Retained Earnings | (156.0M) | (158.4M) | (193.3M) | (180.8M) | (245.4M) | (233.2M) | |
Cash | 4.4M | 4.2M | 58.6M | 8.0M | 8.4M | 11.2M | |
Non Current Assets Total | 93.2M | 93.2M | 105.7M | 174.0M | 138.1M | 84.3M | |
Cash And Short Term Investments | 4.4M | 4.2M | 60.4M | 8.4M | 8.2M | 11.4M | |
Net Receivables | 263.1K | 221K | 957K | 3.1M | 1.1M | 781.6K | |
Common Stock Shares Outstanding | 20.1M | 21.8M | 27.8M | 40.8M | 43.4M | 45.6M | |
Liabilities And Stockholders Equity | 98.3M | 103.7M | 167.6M | 187.5M | 148.7M | 97.6M | |
Other Current Assets | 432.4K | 6.3M | 584K | 5.1M | 2.4M | 1.8M | |
Total Liab | 9.8M | 11.5M | 67.6M | 61.0M | 65.4M | 68.7M | |
Total Current Assets | 5.1M | 10.5M | 61.9M | 13.5M | 10.6M | 13.3M | |
Accumulated Other Comprehensive Income | 14.2M | 15.9M | 17.1M | 18.4M | 24.0M | 25.2M | |
Common Stock | 230.4M | 234.6M | 276.2M | 288.9M | 304.7M | 157.6M | |
Accounts Payable | 151.6K | 981K | 3.5M | 18.9M | 8.8M | 9.2M | |
Non Current Liabilities Total | 9.5M | 8.7M | 62.9M | 6.9M | 48.6M | 51.0M | |
Other Stockholder Equity | 12.5M | 14.2M | 15.9M | 17.1M | 18.4M | 0.0 | |
Other Liab | 3.2M | 2.0M | 39.7M | 2.9M | 3.3M | 3.2M | |
Net Tangible Assets | 88.6M | 92.2M | 100.0M | 126.5M | 113.9M | 99.1M | |
Property Plant Equipment | 92.3M | 92.3M | 98.1M | 170.0M | 153.0M | 101.6M | |
Other Assets | 918.7K | 919K | 7.6M | 4.0M | 4.6M | 3.1M | |
Net Invested Capital | 106.9M | 98.8M | 123.3M | 155.9M | 127.7M | 108.1M | |
Capital Stock | 230.4M | 234.6M | 276.2M | 288.9M | 304.7M | 286.1M | |
Net Working Capital | 4.8M | 7.6M | 57.2M | (40.6M) | (5.4M) | (5.1M) |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.01) | Return On Assets (0.04) | Return On Equity (0.78) |
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery's 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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery's 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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery's 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.