Element Historical Balance Sheet
ELGL Stock | USD 0.0001 0.00 0.00% |
Trend analysis of Element Global balance sheet accounts such as Other Current Liabilities of 0.0 or Total Current Liabilities of 0.0 provides information on Element Global's total assets, liabilities, and equity, which is the actual value of Element Global to its prevalent stockholders. By breaking down trends over time using Element Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Element Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Element Global is a good buy for the upcoming year.
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About Element Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Element Global at a specified time, usually calculated after every quarter, six months, or one year. Element Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Element Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Element currently owns. An asset can also be divided into two categories, current and non-current.
Element Global Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Element Global 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 Element Global 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Element Global obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Element Global are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Element Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Element Global current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Element Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more information on how to buy Element Stock please use our How to buy in Element Stock guide.At this time, Element Global's Cash is quite stable compared to the past year. Total Liabilities is expected to rise to about 681.3 K this year, although the value of Inventory will most likely fall to about 992.6 K.
2013 | 2014 | 2023 | 2024 (projected) | Net Receivables | 1.4M | 603.9K | 543.5K | 516.3K | Property Plant Equipment | 4.8K | 7.6K | 6.8K | 11.6K |
Element Global balance sheet Correlations
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Element Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Industrial Conglomerates 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 Element Global. If investors know Element 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 Element Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.004 | Revenue Per Share 0.016 | Quarterly Revenue Growth (0.94) | Return On Assets 0.2474 | Return On Equity 0.4989 |
The market value of Element Global is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Global's value that differs from its market value or its book value, called intrinsic value, which is Element Global'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 Element Global's market value can be influenced by many factors that don't directly affect Element Global'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 Element Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Global'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.