Ellomay Other Operating Expenses vs Ebit Analysis

ELLO Stock

USD 16.35 0.35 2.19%

Ellomay Capital financial indicator trend analysis is much more than just examining Ellomay Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellomay Capital is a good investment. Please check the relationship between Ellomay Capital Other Operating Expenses and its Ebit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellomay Capital. 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 economic analysis.

To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellomay Capital Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ellomay Capital's Other Operating Expenses and Ebit is 0.63. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of Ellomay Capital, assuming nothing else is changed. The correlation between historical values of Ellomay Capital's Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Ellomay Capital are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Ellomay Capital's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ellomay Capital. It is also known as Ellomay Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Ebit

Most indicators from Ellomay Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellomay Capital 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 Ellomay Capital. 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 economic analysis.

To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.At this time, Ellomay Capital's Selling General Administrative is very stable compared to the past year. As of the 31st of January 2025, Sales General And Administrative To Revenue is likely to grow to 0.12, while Tax Provision is likely to drop (371.9 K).

	2022	2023	2024	2025 (projected)
Gross Profit	13.2M	21.5M	19.4M	20.3M
Total Revenue	53.4M	48.8M	44.0M	27.1M

Gross Profit Total Revenue

Ellomay Capital fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets
Total Assets		0.82	1.0	0.9	0.81	0.85	0.99	0.99	-0.13	0.6	0.88	1.0	0.9	0.84	-0.18	0.43	0.98	-0.07	0.81	0.62	1.0	0.98	0.92	0.68	0.47	-0.44
Common Stock Shares Outstanding	0.82		0.85	0.81	0.66	0.51	0.86	0.87	-0.26	0.46	0.63	0.83	0.66	0.55	-0.45	-0.07	0.84	-0.01	0.84	0.16	0.84	0.88	0.71	0.53	-0.02	-0.63
Short Long Term Debt Total	1.0	0.85		0.91	0.8	0.81	0.99	1.0	-0.15	0.59	0.86	1.0	0.9	0.82	-0.2	0.37	0.99	-0.05	0.82	0.57	1.0	0.99	0.9	0.67	0.41	-0.49
Other Current Liab	0.9	0.81	0.91		0.82	0.61	0.92	0.92	-0.45	0.37	0.66	0.91	0.74	0.62	-0.26	0.28	0.89	0.05	0.75	0.5	0.92	0.92	0.72	0.66	0.33	-0.42
Total Current Liabilities	0.81	0.66	0.8	0.82		0.64	0.81	0.81	-0.33	0.34	0.61	0.81	0.72	0.74	-0.08	0.34	0.7	0.0	0.54	0.52	0.82	0.78	0.71	0.97	0.38	-0.36
Total Stockholder Equity	0.85	0.51	0.81	0.61	0.64		0.81	0.79	0.12	0.59	0.87	0.83	0.76	0.86	-0.06	0.71	0.79	-0.19	0.63	0.79	0.8	0.8	0.88	0.56	0.74	-0.01
Property Plant And Equipment Net	0.99	0.86	0.99	0.92	0.81	0.81		0.99	-0.21	0.58	0.84	0.99	0.85	0.79	-0.26	0.38	0.98	-0.06	0.85	0.59	0.99	1.0	0.88	0.66	0.43	-0.43
Net Debt	0.99	0.87	1.0	0.92	0.81	0.79	0.99		-0.18	0.56	0.83	1.0	0.88	0.79	-0.22	0.35	0.98	-0.05	0.83	0.56	1.0	0.99	0.88	0.68	0.39	-0.5
Retained Earnings	-0.13	-0.26	-0.15	-0.45	-0.33	0.12	-0.21	-0.18		0.14	0.07	-0.15	0.02	0.07	0.36	0.1	-0.11	-0.48	-0.33	0.01	-0.17	-0.22	-0.02	-0.24	0.08	-0.06
Accounts Payable	0.6	0.46	0.59	0.37	0.34	0.59	0.58	0.56	0.14		0.77	0.59	0.6	0.73	0.07	0.33	0.63	-0.03	0.4	0.46	0.59	0.56	0.62	0.24	0.34	-0.33
Cash	0.88	0.63	0.86	0.66	0.61	0.87	0.84	0.83	0.07	0.77		0.86	0.87	0.95	0.01	0.49	0.88	-0.07	0.65	0.63	0.86	0.82	0.96	0.49	0.53	-0.36
Non Current Assets Total	1.0	0.83	1.0	0.91	0.81	0.83	0.99	1.0	-0.15	0.59	0.86		0.89	0.82	-0.18	0.42	0.98	-0.07	0.8	0.62	1.0	0.99	0.89	0.68	0.46	-0.44
Non Currrent Assets Other	0.9	0.66	0.9	0.74	0.72	0.76	0.85	0.88	0.02	0.6	0.87	0.89		0.86	0.11	0.36	0.89	0.01	0.57	0.53	0.9	0.83	0.87	0.62	0.4	-0.56
Cash And Short Term Investments	0.84	0.55	0.82	0.62	0.74	0.86	0.79	0.79	0.07	0.73	0.95	0.82	0.86		0.11	0.54	0.78	-0.05	0.52	0.66	0.82	0.76	0.93	0.68	0.56	-0.31
Net Receivables	-0.18	-0.45	-0.2	-0.26	-0.08	-0.06	-0.26	-0.22	0.36	0.07	0.01	-0.18	0.11	0.11		0.21	-0.19	-0.2	-0.59	0.13	-0.17	-0.31	-0.16	0.0	0.19	0.0
Common Stock Total Equity	0.43	-0.07	0.37	0.28	0.34	0.71	0.38	0.35	0.1	0.33	0.49	0.42	0.36	0.54	0.21		0.36	-0.26	0.2	0.97	0.38	0.36	0.44	0.3	1.0	0.43
Non Current Liabilities Total	0.98	0.84	0.99	0.89	0.7	0.79	0.98	0.98	-0.11	0.63	0.88	0.98	0.89	0.78	-0.19	0.36		-0.06	0.82	0.56	0.98	0.97	0.89	0.54	0.4	-0.5
Inventory	-0.07	-0.01	-0.05	0.05	0.0	-0.19	-0.06	-0.05	-0.48	-0.03	-0.07	-0.07	0.01	-0.05	-0.2	-0.26	-0.06		-0.06	-0.23	-0.05	-0.05	-0.01	-0.02	-0.26	-0.09
Other Current Assets	0.81	0.84	0.82	0.75	0.54	0.63	0.85	0.83	-0.33	0.4	0.65	0.8	0.57	0.52	-0.59	0.2	0.82	-0.06		0.38	0.8	0.88	0.75	0.37	0.25	-0.3
Other Stockholder Equity	0.62	0.16	0.57	0.5	0.52	0.79	0.59	0.56	0.01	0.46	0.63	0.62	0.53	0.66	0.13	0.97	0.56	-0.23	0.38		0.58	0.57	0.59	0.45	0.98	0.24
Total Liab	1.0	0.84	1.0	0.92	0.82	0.8	0.99	1.0	-0.17	0.59	0.86	1.0	0.9	0.82	-0.17	0.38	0.98	-0.05	0.8	0.58		0.98	0.9	0.68	0.42	-0.49
Property Plant And Equipment Gross	0.98	0.88	0.99	0.92	0.78	0.8	1.0	0.99	-0.22	0.56	0.82	0.99	0.83	0.76	-0.31	0.36	0.97	-0.05	0.88	0.57	0.98		0.87	0.63	0.41	-0.43
Total Current Assets	0.92	0.71	0.9	0.72	0.71	0.88	0.88	0.88	-0.02	0.62	0.96	0.89	0.87	0.93	-0.16	0.44	0.89	-0.01	0.75	0.59	0.9	0.87		0.61	0.48	-0.37
Short Term Debt	0.68	0.53	0.67	0.66	0.97	0.56	0.66	0.68	-0.24	0.24	0.49	0.68	0.62	0.68	0.0	0.3	0.54	-0.02	0.37	0.45	0.68	0.63	0.61		0.34	-0.31
Common Stock	0.47	-0.02	0.41	0.33	0.38	0.74	0.43	0.39	0.08	0.34	0.53	0.46	0.4	0.56	0.19	1.0	0.4	-0.26	0.25	0.98	0.42	0.41	0.48	0.34		0.41
Intangible Assets	-0.44	-0.63	-0.49	-0.42	-0.36	-0.01	-0.43	-0.5	-0.06	-0.33	-0.36	-0.44	-0.56	-0.31	0.0	0.43	-0.5	-0.09	-0.3	0.24	-0.49	-0.43	-0.37	-0.31	0.41

Click cells to compare fundamentals

Ellomay Capital Account Relationship Matchups

Ellomay Capital fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	460.2M	551.1M	576.2M	612.9M	704.8M	740.0M
Common Stock Shares Outstanding	12.3M	12.8M	12.7M	12.9M	14.8M	15.5M
Short Long Term Debt Total	298.2M	376.3M	407.0M	446.4M	513.4M	539.0M
Other Current Liab	6.0M	31.2M	44.0M	32.5M	37.4M	39.2M
Total Current Liabilities	45.2M	205.2M	91.2M	88.6M	101.9M	107.0M
Total Stockholder Equity	124.2M	115.5M	95.7M	115.0M	132.2M	138.9M
Property Plant And Equipment Net	281.3M	363.4M	395.8M	438.9M	504.8M	530.0M
Net Debt	231.3M	335.1M	360.6M	395.3M	454.6M	477.3M
Retained Earnings	8.2M	(7.2M)	(7.3M)	(5.0M)	(5.8M)	(6.1M)
Accounts Payable	12.4M	2.9M	4.5M	5.2M	4.7M	4.6M
Cash	66.8M	41.2M	46.5M	51.1M	58.8M	61.7M
Non Current Assets Total	372.1M	467.3M	511.5M	519.1M	596.9M	626.8M
Non Currrent Assets Other	50.4M	52.1M	58.1M	48.4M	55.6M	58.4M
Cash And Short Term Investments	76.7M	71.6M	49.3M	52.1M	59.9M	62.9M
Net Receivables	10.9M	10.0M	12.4M	205K	184.5K	175.3K
Liabilities And Stockholders Equity	460.2M	551.1M	576.2M	612.9M	704.8M	740.0M
Non Current Liabilities Total	290.0M	232.5M	401.9M	399.2M	459.1M	482.0M
Inventory	306K	640K	1.2M	1.2M	1.1M	1.0M
Other Current Assets	9.1M	9.2M	12.0M	40.3M	46.3M	48.6M
Other Stockholder Equity	80.7M	83.8M	84.3M	84.4M	97.1M	51.6M
Total Liab	335.1M	437.7M	493.1M	487.8M	560.9M	589.0M
Property Plant And Equipment Gross	281.3M	363.4M	395.8M	493.7M	567.7M	596.1M
Total Current Assets	88.0M	83.9M	64.7M	93.8M	107.8M	113.2M
Short Term Debt	26.7M	170.1M	42.3M	50.7M	58.3M	61.2M
Common Stock	25.1M	25.6M	25.6M	25.6M	29.5M	15.8M
Accumulated Other Comprehensive Income	10.3M	13.0M	(6.9M)	10.0M	11.5M	12.1M
Intangible Assets	5.0M	4.6M	4.8M	4.1M	4.7M	4.2M
Current Deferred Revenue	3.2M	2.8M	1.8M	1.1M	945.1K	897.8K
Other Liab	11.1M	8.6M	8.5M	22.3M	25.6M	26.9M
Other Assets	58.7M	54.0M	65.1M	3.9M	4.5M	4.2M
Long Term Debt	256.0M	193.8M	342.8M	372.0M	427.8M	449.2M
Property Plant Equipment	87.2M	129.8M	281.3M	363.4M	417.9M	438.8M
Short Term Investments	9.9M	30.4M	2.8M	997K	1.1M	1.1M
Net Tangible Assets	73.6M	101.6M	119.6M	110.8M	127.4M	105.1M
Long Term Investments	32.2M	34.0M	30.0M	31.8M	36.5M	34.1M
Short Long Term Debt	24.9M	162.4M	41.5M	50.0M	57.5M	39.0M

Pair Trading with Ellomay Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ellomay Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ellomay Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ellomay Stock

0.63

ENLT

Enlight Renewable Energy

Pair Corr

Moving against Ellomay Stock

0.87	ALCE	Alternus Energy Group	Pair Corr
0.72	BEP	Brookfield Renewable Earnings Call Today	Pair Corr
0.72	BEP-PA	Brookfield Renewable Earnings Call Today	Pair Corr
0.71	FLNC	Fluence Energy	Pair Corr
0.69	ORA	Ormat Technologies	Pair Corr

The ability to find closely correlated positions to Ellomay Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellomay Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ellomay Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ellomay Capital to buy it.

The correlation of Ellomay Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ellomay Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellomay Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ellomay Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Ellomay Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellomay Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellomay Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellomay Capital Stock:

How To Invest In Ellomay

Details

Is Ellomay Stock a good investment?

Details

What is Ellomay Capital's Net Worth?

Details

Largest Independent Power and Renewable Electricity Producers Companies

View

Largest Utilities - Renewable Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellomay Capital. 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 economic analysis.

To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Is Independent Power and Renewable Electricity Producers 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 Ellomay Capital. If investors know Ellomay 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 Ellomay Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.44

Earnings Share

(0.19)

Revenue Per Share

3.24

Quarterly Revenue Growth

(0.15)

Return On Assets

(0)

The market value of Ellomay Capital is measured differently than its book value, which is the value of Ellomay that is recorded on the company's balance sheet. Investors also form their own opinion of Ellomay Capital's value that differs from its market value or its book value, called intrinsic value, which is Ellomay Capital'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 Ellomay Capital's market value can be influenced by many factors that don't directly affect Ellomay Capital'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 Ellomay Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellomay Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellomay Capital'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.

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Ellomay Other Operating Expenses vs Ebit Analysis

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Ebit

Ellomay Capital fundamental ratios Correlations

Ellomay Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ellomay Capital fundamental ratios Accounts

Pair Trading with Ellomay Capital

Moving together with Ellomay Stock

Moving against Ellomay Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Intangible Assets	- 0.63	Common Stock Shares Outstanding
Other Current Assets	- 0.59	Net Receivables
Intangible Assets	- 0.56	Non Currrent Assets Other
Intangible Assets	- 0.5	Non Current Liabilities Total
Intangible Assets	- 0.5	Net Debt
Intangible Assets	- 0.49	Total Liab