Ebang Historical Balance Sheet
EBON Stock | USD 8.00 0.63 8.55% |
Trend analysis of Ebang International Holdings balance sheet accounts such as Total Current Liabilities of 11.4 M or Total Stockholder Equity of 143.5 M provides information on Ebang International's total assets, liabilities, and equity, which is the actual value of Ebang International to its prevalent stockholders. By breaking down trends over time using Ebang International 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 Ebang International 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 Ebang International is a good buy for the upcoming year.
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About Ebang Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Ebang International at a specified time, usually calculated after every quarter, six months, or one year. Ebang International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ebang International 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 Ebang currently owns. An asset can also be divided into two categories, current and non-current.
Ebang International Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Ebang International 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 Ebang International 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 Ebang International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ebang International Holdings 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.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.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.Most accounts from Ebang International's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ebang International 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 Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Ebang International's Net Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Short Term Debt is likely to grow to about 4.9 M, while Total Assets are likely to drop about 200.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 363.7M | 318.9M | 279.8M | 143.5M | Total Current Liabilities | 14.7M | 15.5M | 12.0M | 11.4M |
Ebang International balance sheet Correlations
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Ebang International Account Relationship Matchups
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Ebang International balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 82.6M | 144.2M | 385.9M | 344.2M | 298.2M | 200.8M | |
Other Current Liab | 20.5M | 28.8M | 9.0M | 11.5M | 9.8M | 11.8M | |
Total Current Liabilities | 39.0M | 34.3M | 14.7M | 15.5M | 12.0M | 11.4M | |
Total Stockholder Equity | 18.0M | 103.1M | 363.7M | 318.9M | 279.8M | 143.5M | |
Property Plant And Equipment Net | 14.5M | 30.0M | 36.6M | 42.4M | 39.3M | 20.9M | |
Net Debt | 20.2M | (11.0M) | (236.6M) | (244.1M) | (235.0M) | (223.2M) | |
Retained Earnings | 3.1M | (38.6M) | (34.2M) | (78.1M) | (114.8M) | (109.1M) | |
Accounts Payable | 11.8M | 2.8M | 3.4M | 1.5M | 292.6K | 277.9K | |
Cash | 3.5M | 13.7M | 240.0M | 251.3M | 241.6M | 253.7M | |
Non Current Assets Total | 18.3M | 75.6M | 87.0M | 75.1M | 47.8M | 39.6M | |
Non Currrent Assets Other | (18.3M) | 22.5M | 27.0M | 22.6M | 5.0M | 3.8M | |
Cash And Short Term Investments | 3.5M | 54.5M | 275.5M | 257.2M | 242.1M | 254.2M | |
Net Receivables | 8.1M | 8.0M | 9.9M | 3.3M | 946.5K | 899.2K | |
Common Stock Shares Outstanding | 5.1M | 4.1M | 5.9M | 6.2M | 6.3M | 6.0M | |
Inventory | 13.1M | 3.8M | 8.2M | 1.6M | 1.3M | 1.2M | |
Other Current Assets | 4.1M | 2.3M | 5.4M | 7.0M | 6.1M | 6.3M | |
Other Stockholder Equity | 12.8M | 138.3M | 393.7M | 397.6M | 397.5M | 417.3M | |
Total Liab | 57.0M | 34.4M | 16.9M | 22.4M | 16.9M | 16.1M | |
Total Current Assets | 28.8M | 68.6M | 298.8M | 269.1M | 250.4M | 156.6M | |
Intangible Assets | 3.8M | 23.1M | 22.5M | 9.2M | 2.3M | 2.2M | |
Short Long Term Debt Total | 23.7M | 2.6M | 3.4M | 7.3M | 6.7M | 7.9M | |
Current Deferred Revenue | 1.0M | 2.1M | 894.2K | 1.0M | 69.4K | 65.9K | |
Liabilities And Stockholders Equity | 82.6M | 144.2M | 385.9M | 344.2M | 298.2M | 221.5M | |
Non Current Liabilities Total | 17.6M | 119.7K | 2.2M | 6.9M | 5.0M | 4.6M | |
Accumulated Other Comprehensive Income | 2.0M | 3.4M | 4.2M | (644.9K) | (2.8M) | (2.7M) | |
Short Term Debt | 5.7M | 2.5M | 1.4M | 1.5M | 3.5M | 4.9M | |
Capital Lease Obligations | 1.2M | 796.3K | 3.4M | 7.3M | 6.7M | 3.6M | |
Net Invested Capital | 40.5M | 105.0M | 363.7M | 318.9M | 279.8M | 219.5M | |
Property Plant And Equipment Gross | 14.5M | 30.0M | 65.9M | 67.2M | 66.8M | 47.9M | |
Net Working Capital | 24.4M | 34.3M | 284.1M | 253.6M | 238.5M | 161.9M |
Pair Trading with Ebang International
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 Ebang International 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 Ebang International will appreciate offsetting losses from the drop in the long position's value.Moving together with Ebang Stock
0.82 | EHGO | Eshallgo Class A | PairCorr |
0.64 | CSCO | Cisco Systems Aggressive Push | PairCorr |
0.68 | ASAN | Asana Inc Sell-off Trend | PairCorr |
Moving against Ebang Stock
0.77 | KO | Coca Cola Aggressive Push | PairCorr |
0.69 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
0.55 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
0.4 | VZ | Verizon Communications Aggressive Push | PairCorr |
0.35 | PG | Procter Gamble | PairCorr |
The ability to find closely correlated positions to Ebang International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebang International 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 Ebang International - 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 Ebang International Holdings to buy it.
The correlation of Ebang International 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 Ebang International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebang International 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 Ebang International 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 Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Electronic Equipment, Instruments & Components 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 Ebang International. If investors know Ebang 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 Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.60) | Revenue Per Share 0.572 | Quarterly Revenue Growth (0.48) | Return On Assets (0.1) | Return On Equity (0.12) |
The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International'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 Ebang International's market value can be influenced by many factors that don't directly affect Ebang International'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 Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International'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.