Electrovaya Historical Balance Sheet

ELVA Stock   2.64  0.04  1.54%   
Trend analysis of Electrovaya Common Shares balance sheet accounts such as Total Current Liabilities of 32.1 M or Total Stockholder Equity of 8.6 M provides information on Electrovaya Common's total assets, liabilities, and equity, which is the actual value of Electrovaya Common Shares to its prevalent stockholders. By breaking down trends over time using Electrovaya Common 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Electrovaya Common Shares 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 Electrovaya Common Shares is a good buy for the upcoming year.

Electrovaya Common Inventory

9.98 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrovaya Common Shares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About Electrovaya Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Electrovaya Common Shares at a specified time, usually calculated after every quarter, six months, or one year. Electrovaya Common Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Electrovaya Common 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 Electrovaya currently owns. An asset can also be divided into two categories, current and non-current.

Electrovaya Common Balance Sheet Chart

At present, Electrovaya Common's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 32.1 M, whereas Total Assets are forecasted to decline to about 16.7 M.

Total Assets

Total assets refers to the total amount of Electrovaya Common 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 Electrovaya Common Shares 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 Current Liabilities

Total Current Liabilities is an item on Electrovaya Common balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Electrovaya Common Shares 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Electrovaya Common 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 Electrovaya Common Shares 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.

Short Term Investments

Short Term Investments is an item under the current assets section of Electrovaya Common balance sheet. It contains any investments Electrovaya Common Shares undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Electrovaya Common Shares can easily liquidate in the marketplace.

Capital Lease Obligations

Electrovaya Common Shares capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Electrovaya Common asset purchases. For example, Electrovaya Common can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Electrovaya Common control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Electrovaya Common's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Electrovaya Common Shares 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 Electrovaya Common Shares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Electrovaya Common's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 32.1 M, whereas Total Assets are forecasted to decline to about 16.7 M.
 2021 2022 2023 2024 (projected)
Cash626K1.0M928.8K882.4K
Accounts Payable1.5M6.0M7.0M7.3M

Electrovaya Common balance sheet Correlations

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0.570.64-0.090.210.84-0.720.53-0.530.29-0.530.680.650.640.70.680.950.74-0.40.210.05-0.540.73-0.12-0.510.71
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0.740.280.210.590.030.050.250.110.750.110.360.00.270.48-0.190.250.53-0.040.22-0.45-0.40.080.21-0.40.08
0.350.580.84-0.460.03-0.810.17-0.680.36-0.680.40.440.270.610.650.920.37-0.290.570.41-0.520.93-0.3-0.510.63
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0.230.420.650.130.00.44-0.510.38-0.310.01-0.310.80.340.430.680.540.5-0.35-0.12-0.02-0.370.280.2-0.340.66
0.640.130.640.380.270.27-0.260.92-0.250.17-0.250.550.340.250.240.530.81-0.28-0.15-0.21-0.320.18-0.29-0.310.4
0.610.890.70.080.480.61-0.380.12-0.110.4-0.110.460.430.250.480.760.68-0.340.45-0.14-0.260.61-0.16-0.240.46
0.00.510.68-0.15-0.190.65-0.570.12-0.42-0.17-0.420.660.680.240.480.610.39-0.650.030.04-0.20.43-0.07-0.170.6
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0.850.510.740.520.530.37-0.280.7-0.010.38-0.010.730.50.810.680.390.68-0.430.07-0.28-0.310.33-0.14-0.290.5
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0.320.370.21-0.290.220.57-0.31-0.21-0.10.64-0.1-0.12-0.12-0.150.450.030.490.070.180.53-0.30.67-0.45-0.310.04
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Electrovaya Common Account Relationship Matchups

Electrovaya Common balance sheet Accounts

201920202021202220232024 (projected)
Total Assets10.6M15.0M22.2M36.5M32.9M16.7M
Other Current Liab5.5M3.5M3.7M3.9M4.5M4.7M
Total Current Liabilities16.5M13.5M22.7M26.6M30.6M32.1M
Total Stockholder Equity(8.7M)(1.7M)(6.7M)7.1M6.4M8.6M
Property Plant And Equipment Net2.5M2.9M7.3M10.1M9.1M5.7M
Net Debt11.7M7.3M22.5M18.0M20.7M21.7M
Retained Earnings(119.5M)(127.1M)(129.0M)(130.5M)(117.4M)(111.5M)
Accounts Payable2.2M1.0M1.5M6.0M7.0M7.3M
Cash1.1M4.2M626K1.0M928.8K882.4K
Non Current Assets Total2.6M2.9M7.4M10.6M9.5M6.2M
Cash And Short Term Investments1.1M4.2M626K1.0M928.8K882.4K
Net Receivables2.5M1.3M2.9M10.6M12.2M12.8M
Common Stock Shares Outstanding23.9M28.0M5.9M33.8M38.9M40.9M
Liabilities And Stockholders Equity10.6M15.0M22.2M36.5M32.9M16.7M
Inventory2.0M4.7M7.4M8.3M9.5M10.0M
Other Current Assets2.4M1.8M3.9M6.0M6.9M7.2M
Other Stockholder Equity11.3M9.6M13.6M14.0M12.6M23.7M
Total Liab19.4M16.7M28.9M29.4M33.8M35.5M
Total Current Assets8.1M12.0M14.8M25.9M23.3M24.5M
Non Current Liabilities Total2.9M3.2M6.2M2.8M3.2M3.3M
Accumulated Other Comprehensive Income13.4M13.3M6.1M8.6M9.9M7.1M
Short Long Term Debt Total12.8M11.5M23.1M19.0M21.9M12.4M
Current Deferred Revenue2.1M1.0M70K2.4M2.1M1.2M
Common Stock86.1M102.5M103.3M115.0M132.3M89.6M
Short Term Debt10.1M8.8M17.4M16.7M19.2M10.7M
Net Invested Capital1.2M6.9M10.7M23.5M27.0M28.3M
Short Long Term Debt10.0M8.6M16.6M16.3M18.7M14.1M
Capital Stock86.1M102.5M103.3M115.0M132.3M107.8M
Net Working Capital(8.4M)(1.4M)(5.7M)(705K)(810.8K)(851.3K)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electrovaya Common Shares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Electrovaya Common'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 Electrovaya Common Shares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electrovaya Common Shares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrovaya Common Shares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Electrical Components & Equipment 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 Electrovaya Common. If investors know Electrovaya 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 Electrovaya Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
1.433
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0318
Return On Equity
0.087
The market value of Electrovaya Common Shares is measured differently than its book value, which is the value of Electrovaya that is recorded on the company's balance sheet. Investors also form their own opinion of Electrovaya Common's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya Common'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 Electrovaya Common's market value can be influenced by many factors that don't directly affect Electrovaya Common'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 Electrovaya Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya Common'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.