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.
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.
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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
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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.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) | Cash | 626K | 1.0M | 928.8K | 882.4K | Accounts Payable | 1.5M | 6.0M | 7.0M | 7.3M |
Electrovaya Common balance sheet Correlations
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Electrovaya Common Account Relationship Matchups
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Electrovaya Common balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.6M | 15.0M | 22.2M | 36.5M | 32.9M | 16.7M | |
Other Current Liab | 5.5M | 3.5M | 3.7M | 3.9M | 4.5M | 4.7M | |
Total Current Liabilities | 16.5M | 13.5M | 22.7M | 26.6M | 30.6M | 32.1M | |
Total Stockholder Equity | (8.7M) | (1.7M) | (6.7M) | 7.1M | 6.4M | 8.6M | |
Property Plant And Equipment Net | 2.5M | 2.9M | 7.3M | 10.1M | 9.1M | 5.7M | |
Net Debt | 11.7M | 7.3M | 22.5M | 18.0M | 20.7M | 21.7M | |
Retained Earnings | (119.5M) | (127.1M) | (129.0M) | (130.5M) | (117.4M) | (111.5M) | |
Accounts Payable | 2.2M | 1.0M | 1.5M | 6.0M | 7.0M | 7.3M | |
Cash | 1.1M | 4.2M | 626K | 1.0M | 928.8K | 882.4K | |
Non Current Assets Total | 2.6M | 2.9M | 7.4M | 10.6M | 9.5M | 6.2M | |
Cash And Short Term Investments | 1.1M | 4.2M | 626K | 1.0M | 928.8K | 882.4K | |
Net Receivables | 2.5M | 1.3M | 2.9M | 10.6M | 12.2M | 12.8M | |
Common Stock Shares Outstanding | 23.9M | 28.0M | 5.9M | 33.8M | 38.9M | 40.9M | |
Liabilities And Stockholders Equity | 10.6M | 15.0M | 22.2M | 36.5M | 32.9M | 16.7M | |
Inventory | 2.0M | 4.7M | 7.4M | 8.3M | 9.5M | 10.0M | |
Other Current Assets | 2.4M | 1.8M | 3.9M | 6.0M | 6.9M | 7.2M | |
Other Stockholder Equity | 11.3M | 9.6M | 13.6M | 14.0M | 12.6M | 23.7M | |
Total Liab | 19.4M | 16.7M | 28.9M | 29.4M | 33.8M | 35.5M | |
Total Current Assets | 8.1M | 12.0M | 14.8M | 25.9M | 23.3M | 24.5M | |
Non Current Liabilities Total | 2.9M | 3.2M | 6.2M | 2.8M | 3.2M | 3.3M | |
Accumulated Other Comprehensive Income | 13.4M | 13.3M | 6.1M | 8.6M | 9.9M | 7.1M | |
Short Long Term Debt Total | 12.8M | 11.5M | 23.1M | 19.0M | 21.9M | 12.4M | |
Current Deferred Revenue | 2.1M | 1.0M | 70K | 2.4M | 2.1M | 1.2M | |
Common Stock | 86.1M | 102.5M | 103.3M | 115.0M | 132.3M | 89.6M | |
Short Term Debt | 10.1M | 8.8M | 17.4M | 16.7M | 19.2M | 10.7M | |
Net Invested Capital | 1.2M | 6.9M | 10.7M | 23.5M | 27.0M | 28.3M | |
Short Long Term Debt | 10.0M | 8.6M | 16.6M | 16.3M | 18.7M | 14.1M | |
Capital Stock | 86.1M | 102.5M | 103.3M | 115.0M | 132.3M | 107.8M | |
Net Working Capital | (8.4M) | (1.4M) | (5.7M) | (705K) | (810.8K) | (851.3K) |
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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.