Ellomay Net Invested Capital vs Net Working Capital Analysis

ELLO Stock

USD 14.55 0.15 1.04%

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 Net Invested Capital and its Net Working Capital 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 tightly coupled 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.

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

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

The correlation between Ellomay Capital's Net Invested Capital and Net Working Capital is -0.62. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital 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 Net Invested Capital and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Ellomay Capital are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Ellomay Capital's Net Invested Capital and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Working Capital

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 tightly coupled 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 5th of May 2024, Issuance Of Capital Stock is likely to grow to 0.00, while Tax Provision is likely to drop (323.4 K).

	2021	2022	2023	2024 (projected)
Gross Profit	12.2M	13.2M	9.9M	9.2M
Total Revenue	44.8M	53.4M	48.6M	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		0.08	1.0	0.86	0.8	0.8	0.99	0.99	-0.05	0.62	0.86	1.0	0.57	0.71	0.58	0.43	0.97	-0.07	0.48	0.59	0.99	0.98	0.77	0.68	0.43	-0.34
Common Stock Shares Outstanding	0.08		0.09	0.15	0.25	-0.14	0.07	0.1	0.0	0.21	0.03	0.09	0.35	0.38	0.11	0.16	0.06	-0.01	-0.39	0.18	0.12	0.03	0.31	0.25	0.09	-0.29
Short Long Term Debt Total	1.0	0.09		0.88	0.79	0.75	0.99	1.0	-0.08	0.6	0.84	1.0	0.55	0.66	0.56	0.36	0.98	-0.06	0.5	0.53	1.0	0.98	0.74	0.67	0.35	-0.42
Other Current Liab	0.86	0.15	0.88		0.82	0.5	0.9	0.89	-0.44	0.32	0.57	0.88	0.39	0.44	0.41	0.26	0.84	0.06	0.43	0.44	0.89	0.89	0.5	0.68	0.26	-0.33
Total Current Liabilities	0.8	0.25	0.79	0.82		0.58	0.8	0.8	-0.29	0.31	0.55	0.8	0.52	0.65	0.41	0.32	0.66	0.01	0.23	0.49	0.8	0.77	0.63	0.98	0.34	-0.21
Total Stockholder Equity	0.8	-0.14	0.75	0.5	0.58		0.75	0.72	0.23	0.58	0.83	0.78	0.51	0.77	0.51	0.76	0.73	-0.21	0.32	0.83	0.74	0.73	0.78	0.53	0.78	0.16
Property Plant And Equipment Net	0.99	0.07	0.99	0.9	0.8	0.75		0.99	-0.14	0.6	0.8	0.99	0.47	0.62	0.5	0.38	0.97	-0.06	0.54	0.55	0.99	1.0	0.69	0.67	0.37	-0.34
Net Debt	0.99	0.1	1.0	0.89	0.8	0.72	0.99		-0.1	0.57	0.8	0.99	0.52	0.63	0.55	0.34	0.97	-0.06	0.51	0.51	1.0	0.99	0.7	0.68	0.33	-0.43
Retained Earnings	-0.05	0.0	-0.08	-0.44	-0.29	0.23	-0.14	-0.1		0.17	0.16	-0.07	0.22	0.18	0.19	0.12	-0.02	-0.48	-0.27	0.07	-0.1	-0.16	0.15	-0.22	0.13	-0.1
Accounts Payable	0.62	0.21	0.6	0.32	0.31	0.58	0.6	0.57	0.17		0.79	0.6	0.47	0.69	0.4	0.32	0.65	-0.03	0.17	0.43	0.6	0.58	0.63	0.21	0.31	-0.23
Cash	0.86	0.03	0.84	0.57	0.55	0.83	0.8	0.8	0.16	0.79		0.83	0.64	0.85	0.61	0.5	0.85	-0.07	0.34	0.61	0.83	0.78	0.89	0.45	0.5	-0.25
Non Current Assets Total	1.0	0.09	1.0	0.88	0.8	0.78	0.99	0.99	-0.07	0.6	0.83		0.56	0.67	0.58	0.42	0.97	-0.08	0.47	0.59	1.0	0.98	0.73	0.68	0.42	-0.35
Non Currrent Assets Other	0.57	0.35	0.55	0.39	0.52	0.51	0.47	0.52	0.22	0.47	0.64	0.56		0.76	0.73	0.34	0.54	0.01	-0.34	0.46	0.57	0.41	0.68	0.51	0.38	-0.35
Cash And Short Term Investments	0.71	0.38	0.66	0.44	0.65	0.77	0.62	0.63	0.18	0.69	0.85	0.67	0.76		0.57	0.64	0.62	-0.05	-0.02	0.73	0.68	0.57	0.95	0.62	0.64	-0.1
Net Receivables	0.58	0.11	0.56	0.41	0.41	0.51	0.5	0.55	0.19	0.4	0.61	0.58	0.73	0.57		0.4	0.59	-0.24	-0.05	0.5	0.58	0.47	0.53	0.35	0.44	-0.28
Common Stock Total Equity	0.43	0.16	0.36	0.26	0.32	0.76	0.38	0.34	0.12	0.32	0.5	0.42	0.34	0.64	0.4		0.35	-0.26	0.05	0.97	0.37	0.35	0.62	0.29	0.99	0.53
Non Current Liabilities Total	0.97	0.06	0.98	0.84	0.66	0.73	0.97	0.97	-0.02	0.65	0.85	0.97	0.54	0.62	0.59	0.35		-0.06	0.51	0.51	0.98	0.96	0.71	0.51	0.34	-0.44
Inventory	-0.07	-0.01	-0.06	0.06	0.01	-0.21	-0.06	-0.06	-0.48	-0.03	-0.07	-0.08	0.01	-0.05	-0.24	-0.26	-0.06		-0.08	-0.25	-0.05	-0.06	-0.01	-0.01	-0.27	-0.11
Other Current Assets	0.48	-0.39	0.5	0.43	0.23	0.32	0.54	0.51	-0.27	0.17	0.34	0.47	-0.34	-0.02	-0.05	0.05	0.51	-0.08		0.06	0.47	0.6	0.21	0.12	-0.01	-0.13
Other Stockholder Equity	0.59	0.18	0.53	0.44	0.49	0.83	0.55	0.51	0.07	0.43	0.61	0.59	0.46	0.73	0.5	0.97	0.51	-0.25	0.06		0.54	0.51	0.68	0.44	0.97	0.42
Total Liab	0.99	0.12	1.0	0.89	0.8	0.74	0.99	1.0	-0.1	0.6	0.83	1.0	0.57	0.68	0.58	0.37	0.98	-0.05	0.47	0.54		0.98	0.74	0.68	0.37	-0.41
Property Plant And Equipment Gross	0.98	0.03	0.98	0.89	0.77	0.73	1.0	0.99	-0.16	0.58	0.78	0.98	0.41	0.57	0.47	0.35	0.96	-0.06	0.6	0.51	0.98		0.66	0.64	0.34	-0.34
Total Current Assets	0.77	0.31	0.74	0.5	0.63	0.78	0.69	0.7	0.15	0.63	0.89	0.73	0.68	0.95	0.53	0.62	0.71	-0.01	0.21	0.68	0.74	0.66		0.58	0.59	-0.19
Short Term Debt	0.68	0.25	0.67	0.68	0.98	0.53	0.67	0.68	-0.22	0.21	0.45	0.68	0.51	0.62	0.35	0.29	0.51	-0.01	0.12	0.44	0.68	0.64	0.58		0.31	-0.16
Common Stock	0.43	0.09	0.35	0.26	0.34	0.78	0.37	0.33	0.13	0.31	0.5	0.42	0.38	0.64	0.44	0.99	0.34	-0.27	-0.01	0.97	0.37	0.34	0.59	0.31		0.56
Intangible Assets	-0.34	-0.29	-0.42	-0.33	-0.21	0.16	-0.34	-0.43	-0.1	-0.23	-0.25	-0.35	-0.35	-0.1	-0.28	0.53	-0.44	-0.11	-0.13	0.42	-0.41	-0.34	-0.19	-0.16	0.56

Click cells to compare fundamentals

Ellomay Capital Account Relationship Matchups

Ellomay Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	310.2M	460.2M	551.1M	576.2M	608.3M	638.7M
Common Stock Shares Outstanding	11.1M	12.3M	12.8M	12.9M	12.9M	7.3M
Short Long Term Debt Total	180.3M	298.2M	376.3M	407.0M	443.1M	465.2M
Other Current Liab	3.0M	4.7M	32.8M	42.6M	31.4M	32.9M
Total Current Liabilities	37.7M	45.2M	205.2M	91.2M	87.9M	92.3M
Total Stockholder Equity	106.6M	124.2M	115.5M	95.7M	114.1M	119.8M
Property Plant And Equipment Net	142.0M	281.3M	363.4M	395.8M	435.7M	457.5M
Net Debt	135.8M	231.3M	335.1M	360.6M	391.5M	411.1M
Retained Earnings	12.8M	8.2M	(7.2M)	(7.3M)	(5.0M)	(5.2M)
Accounts Payable	1.8M	12.4M	2.9M	4.5M	5.2M	4.6M
Cash	44.5M	66.8M	41.2M	46.5M	51.5M	54.1M
Non Current Assets Total	227.1M	372.1M	467.3M	511.5M	515.2M	541.0M
Non Currrent Assets Other	44.2M	50.4M	52.1M	58.1M	9.2M	12.1M
Cash And Short Term Investments	54.6M	76.7M	71.6M	49.3M	52.5M	27.3M
Net Receivables	6.3M	11.3M	11.3M	14.5M	7.8M	9.3M
Liabilities And Stockholders Equity	310.2M	460.2M	551.1M	576.2M	608.3M	638.7M
Non Current Liabilities Total	164.9M	290.0M	232.5M	401.9M	396.2M	416.0M
Inventory	284K	306K	640K	1.2M	1.2M	1.1M
Other Current Assets	1.4M	(306K)	360K	(301K)	31.6M	33.2M
Other Stockholder Equity	62.4M	80.7M	84.1M	84.3M	83.8M	51.6M
Total Liab	202.6M	335.1M	437.7M	493.1M	484.1M	508.3M
Property Plant And Equipment Gross	129.8M	281.3M	363.4M	395.8M	493.7M	518.4M
Total Current Assets	83.1M	88.0M	83.9M	64.7M	93.1M	49.3M
Short Term Debt	30.9M	24.9M	166.7M	42.3M	50.3M	52.8M
Common Stock	22.0M	25.1M	25.6M	25.6M	25.4M	15.8M
Accumulated Other Comprehensive Income	9.4M	10.3M	13.0M	(6.9M)	9.9M	10.4M
Intangible Assets	5.0M	5.4M	6.0M	4.1M	4.7M	4.3M
Current Deferred Revenue	2.0M	3.2M	2.8M	1.8M	1.1M	997.6K
Other Liab	11.1M	8.6M	8.5M	22.3M	25.6M	26.9M
Other Assets	35.8M	58.7M	54.0M	65.1M	74.8M	78.6M
Long Term Debt	134.0M	256.0M	193.8M	342.8M	372.0M	390.6M
Property Plant Equipment	87.2M	129.8M	281.3M	363.4M	417.9M	438.8M
Short Term Investments	10.1M	9.9M	30.4M	2.8M	989.6K	940.1K
Net Tangible Assets	73.6M	101.6M	119.6M	110.8M	127.4M	105.1M
Long Term Investments	33.6M	32.2M	34.0M	30.0M	31.8M	34.1M
Short Long Term Debt	30.9M	24.9M	162.4M	41.5M	50.0M	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 against Ellomay Stock

0.69	AY	Atlantica Sustainable Earnings Call This Week	Pair Corr
0.55	FLNC	Fluence Energy Earnings Call This Week	Pair Corr
0.45	WAVE	Eco Wave Power	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

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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 tightly coupled 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Ellomay Stock analysis

When running Ellomay Capital's price analysis, check to measure Ellomay Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ellomay Capital is operating at the current time. Most of Ellomay Capital's value examination focuses on studying past and present price action to predict the probability of Ellomay Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellomay Capital's price. Additionally, you may evaluate how the addition of Ellomay Capital to your portfolios can decrease your overall portfolio volatility.

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Is Ellomay Capital's industry 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

(0.15)

Earnings Share

0.33

Revenue Per Share

3.8

Quarterly Revenue Growth

(0.02)

Return On Assets

0.0002

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 Net Invested Capital vs Net Working Capital Analysis

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Working Capital

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 against Ellomay Stock

Complementary Tools for Ellomay Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Non Current Assets Total	+ 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
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Inventory	- 0.48	Retained Earnings
Intangible Assets	- 0.44	Non Current Liabilities Total
Retained Earnings	- 0.44	Other Current Liab
Intangible Assets	- 0.43	Net Debt
Intangible Assets	- 0.42	Short Long Term Debt Total
Intangible Assets	- 0.41	Total Liab