Ebang Current Ratio from 2010 to 2024

EBON Stock  USD 8.15  0.23  2.74%   
Ebang International Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to grow to 21.99 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
20.93929709
Current Value
21.99
Quarterly Volatility
8.06440664
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ebang International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ebang main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.8 M, Selling General Administrative of 26.4 M or Selling And Marketing Expenses of 1.9 M, as well as many exotic indicators such as Price To Sales Ratio of 18.79, Dividend Yield of 0.0364 or PTB Ratio of 0.33. Ebang financial statements analysis is a perfect complement when working with Ebang International Valuation or Volatility modules.
  
This module can also supplement various Ebang International Technical models . Check out the analysis of Ebang International Correlation against competitors.

Latest Ebang International's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Ebang International Holdings over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Ebang International's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ebang International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 20.32 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Ebang Current Ratio Regression Statistics

Arithmetic Mean7.45
Geometric Mean4.35
Coefficient Of Variation108.23
Mean Deviation6.78
Median3.51
Standard Deviation8.06
Sample Variance65.03
Range21.2517
R-Value0.70
Mean Square Error35.25
R-Squared0.50
Significance0
Slope1.27
Total Sum of Squares910.49

Ebang Current Ratio History

2024 21.99
2023 20.94
2022 17.38
2021 20.32
2020 2.0
2019 0.74
2018 1.62

About Ebang International Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ebang International income statement, its balance sheet, and the statement of cash flows. Ebang International investors use historical funamental indicators, such as Ebang International's Current Ratio, to determine how well the company is positioned to perform in the future. Although Ebang International investors may use each financial statement separately, they are all related. The changes in Ebang International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ebang International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ebang International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ebang International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 20.94  21.99 

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 against Ebang Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Ebang International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ebang International'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 Ebang International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ebang International Holdings Stock:
Check out the analysis of Ebang International Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Ebang Stock analysis

When running Ebang International's price analysis, check to measure Ebang International'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 Ebang International is operating at the current time. Most of Ebang International's value examination focuses on studying past and present price action to predict the probability of Ebang International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ebang International's price. Additionally, you may evaluate how the addition of Ebang International to your portfolios can decrease your overall portfolio volatility.
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Is Ebang International'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 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
(5.86)
Revenue Per Share
0.774
Quarterly Revenue Growth
(0.89)
Return On Assets
(0.09)
Return On Equity
(0.13)
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.