Evgo Historical Cash Flow
| EVGO Stock | USD 6.51 0.04 0.62% |
Analysis of Evgo cash flow over time is an excellent tool to project Evgo Inc future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 27 M or Capital Expenditures of 86.9 M as it is a great indicator of Evgo ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Evgo Inc 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 Evgo Inc is a good buy for the upcoming year.
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About Evgo Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Evgo balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Evgo's non-liquid assets can be easily converted into cash.
Evgo Cash Flow Chart
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Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Capital Expenditures
Capital Expenditures are funds used by Evgo Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Evgo operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most accounts from Evgo's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Evgo Inc current financial condition. On the other hand, looking into the entire matrix of cash flow statement 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 Evgo Inc. 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. At this time, Evgo's Other Non Cash Items is very stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 65.0M | 200.3M | 158.9M | 86.9M | Depreciation | 23.9M | 35.9M | 52.0M | 27.0M |
Evgo cash flow statement Correlations
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Evgo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Evgo cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (15.7M) | 7.7M | 477.3M | (238.7M) | (37.3M) | (35.5M) | |
| Net Borrowings | 3.2M | 44.8M | 21.4M | 10.1M | 9.1M | 16.0M | |
| Total Cashflows From Investing Activities | (21.5M) | (19.5M) | (87.8M) | (199.7M) | (179.7M) | (170.7M) | |
| Other Cashflows From Financing Activities | 14.2M | (184.5M) | 576.1M | 9.2M | 9.2M | 8.7M | |
| Depreciation | 8.8M | 18.7M | 23.9M | 35.9M | 52.0M | 27.0M | |
| Capital Expenditures | 21.5M | 19.3M | 65.0M | 200.3M | 158.9M | 86.9M | |
| Total Cash From Operating Activities | (8.5M) | (20.1M) | (29.6M) | (58.8M) | (37.1M) | (38.9M) | |
| Change To Account Receivables | 715.2K | (183.4K) | (195K) | (8.5M) | (23.8M) | (22.6M) | |
| Change To Operating Activities | 5.0M | 10.2M | 2.2M | 11.1M | 12.8M | 13.4M | |
| Net Income | (24.8M) | (47.8M) | (57.8M) | (106.2M) | (135.5M) | (128.7M) | |
| Total Cash From Financing Activities | 14.2M | 47.1M | 594.6M | 19.8M | 143.0M | 155.3M | |
| End Period Cash Flow | 1.4M | 7.9M | 485.2M | 246.5M | 209.1M | 177.3M | |
| Change To Netincome | 789.5K | (1.5M) | (70.2M) | (84.2M) | (75.8M) | (72.0M) | |
| Change To Liabilities | 963.7K | 206.7K | 20.6M | 14.4M | 16.6M | 17.4M |
Pair Trading with Evgo
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 Evgo 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 Evgo will appreciate offsetting losses from the drop in the long position's value.Moving against Evgo Stock
| 0.78 | ARHS | Arhaus Inc | PairCorr |
| 0.64 | TM | Toyota Motor | PairCorr |
| 0.44 | HVT | Haverty Furniture | PairCorr |
| 0.43 | WING | Wingstop | PairCorr |
| 0.4 | FND | Floor Decor Holdings | PairCorr |
The ability to find closely correlated positions to Evgo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evgo 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 Evgo - 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 Evgo Inc to buy it.
The correlation of Evgo 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 Evgo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evgo Inc 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 Evgo 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. 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. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Automotive Retail 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 Evgo. If investors know Evgo 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 Evgo 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 (0.90) | Earnings Share (0.42) | Revenue Per Share 2.282 | Quarterly Revenue Growth 0.924 | Return On Assets (0.1) |
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo'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 Evgo's market value can be influenced by many factors that don't directly affect Evgo'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 Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo'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.