Broadwind Energy Financials

BWEN Stock  USD 2.36  0.01  0.43%   
Based on the key measurements obtained from Broadwind Energy's financial statements, Broadwind Energy is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At this time, Broadwind Energy's Non Currrent Assets Other are very stable compared to the past year. As of the 28th of March 2024, Property Plant And Equipment Gross is likely to grow to about 191.9 M, though Retained Earnings are likely to grow to (324.4 M). Key indicators impacting Broadwind Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.861.3009
Way Down
Very volatile
The financial analysis of Broadwind Energy is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Broadwind Energy includes many different criteria found on its balance sheet. For example, investors should never minimize Broadwind Energy's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Broadwind Energy's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Broadwind Energy.

Net Income

8.03 Million

With this module, you can analyze Broadwind financials for your investing period. You should be able to track the changes in Broadwind Energy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Broadwind Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Broadwind Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Broadwind Energy's assets may result in an increase in income on the income statement.
Evaluating Broadwind Energy's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Broadwind Energy's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Broadwind Energy's relative financial performance

Chance Of Distress

Less than 3

 
100  
 
Zero
Very Low
Broadwind Energy has less than 3 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Broadwind Energy stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Broadwind Energy's odds of distress score SHOULD NOT be confused with the real chance of Broadwind Energy filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Broadwind is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Broadwind Energy's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Broadwind Energy's official financial statements usually reflect Broadwind Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Broadwind Energy. For example, before you start analyzing numbers published by Broadwind accountants, it's critical to develop an understanding of what Broadwind Energy's liquidity, profitability, and earnings quality are in the context of the Electrical Equipment space in which it operates.
Please note, the presentation of Broadwind Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Broadwind Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Broadwind Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Broadwind Energy. Please utilize our Beneish M Score to check the likelihood of Broadwind Energy's management manipulating its earnings.

Broadwind Energy Company Summary

Broadwind Energy competes with Barnes, Crane, General Electric, Hillenbrand, and Ingersoll Rand. Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind Energy operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 493 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001120370
ISINUS11161T2078
CUSIP11161T207 11161T108 891861106
RegionNorth America
LocationIllinois; U.S.A
Business Address3240 S Central
SectorElectrical Equipment
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.bwen.com
Phone708 780 4800
CurrencyUSD - US Dollar
You should never invest in Broadwind Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Broadwind Stock, because this is throwing your money away. Analyzing the key information contained in Broadwind Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Broadwind Energy Key Financial Ratios

Generally speaking, Broadwind Energy's financial ratios allow both analysts and investors to convert raw data from Broadwind Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Broadwind Energy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Broadwind Energy reports annually and quarterly.

Broadwind Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Retained Earnings(340.8M)(342.3M)(339.4M)(349.1M)(341.5M)(324.4M)
Other Current Liab4.9M6.3M3.7M4.3M6.5M8.1M
Total Liab82.1M79.0M63.9M98.3M79.1M53.4M
Accounts Payable21.9M18.2M16.5M26.3M20.7M16.3M
Total Assets122.9M119.7M118.0M144.5M135.2M114.2M
Net Debt30.1M32.2M30.7M20.4M34.3M36.0M
Cash2.4M3.4M852K12.7M1.1M1.0M
Net Receivables18.3M17.6M15.4M19.0M27.7M19.0M
Inventory31.9M26.7M33.4M44.3M37.4M26.7M
Other Current Assets2.1M2.9M2.7M3.3M3.5M2.7M
Total Current Assets54.7M50.6M52.3M79.3M69.7M59.8M
Short Term Debt14.8M4.7M10.5M5.1M9.9M7.2M
Other Assets314K19.7M585K839K964.9K916.6K
Long Term Debt505K9.4M177K7.1M6.3M5.5M
Other Liab44K104K167K26K23.4K22.2K
Intangible Assets4.9M4.2M3.5M2.7M2.1M2.0M
Net Tangible Assets35.8M40.7M50.7M43.5M39.2M50.1M
Long Term Debt Total2.0M505K9.4M7.1M8.2M4.4M
Capital Surpluse381.4M383.4M384.7M397.2M456.8M418.4M

Broadwind Energy Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Broadwind Energy's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense2.3M2.0M1.1M3.2M3.2M3.4M
Operating Income(2.2M)422K(5.2M)(6.6M)11.1M11.7M
Ebit(2.2M)422K(5.2M)(6.6M)11.1M11.6M
Ebitda5.3M6.8M1.2M(417K)17.5M18.3M
Net Income(4.6M)(1.5M)2.8M(9.7M)7.6M8.0M
Income Tax Expense38K48K25K35K241K253.1K
Total Revenue178.2M198.5M145.6M176.8M203.5M173.5M
Gross Profit15.4M18.0M5.5M10.7M32.5M34.1M
Cost Of Revenue162.8M180.5M140.1M166.0M171.0M161.2M
Income Before Tax(4.5M)(1.4M)2.9M(9.7M)7.9M8.3M
Tax Provision38K48K25K35K78K81.9K
Net Interest Income(2.3M)(2.0M)(1.1M)(3.2M)(3.0M)(2.9M)

Broadwind Energy Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Broadwind Energy. It measures of how well Broadwind is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Broadwind Energy brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Broadwind had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Broadwind Energy has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash1.2M956K(2.5M)11.9M(11.6M)(11.1M)
Free Cash Flow2.7M3.6M(14.5M)13.5M(13.4M)(14.0M)
Other Non Cash Items(30K)513K(9.6M)(54K)124K117.8K
Capital Expenditures1.8M1.5M1.7M3.1M6.4M5.6M
Net Income(4.6M)(1.5M)2.8M(9.7M)7.6M8.0M
End Period Cash Flow2.4M3.4M852K12.7M1.1M1.0M
Change To Inventory(9.2M)5.1M(6.7M)(10.9M)6.9M7.2M
Depreciation7.5M6.3M6.3M6.1M6.4M8.1M
Change Receivables(3.8M)(792K)2.6M(3.2M)(2.9M)(2.7M)
Net Borrowings(420K)(1.9M)4.1M430K494.5K519.2K
Change To Netincome869K1.7M(6.9M)907K816.3K569.5K
Investments(1.8M)(1.5M)(1.7M)(3.1M)(5.6M)(5.4M)

Broadwind Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Broadwind Energy's current stock value. Our valuation model uses many indicators to compare Broadwind Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Broadwind Energy competition to find correlations between indicators driving Broadwind Energy's intrinsic value. More Info.
Broadwind Energy is rated below average in ebitda category among related companies. It is rated below average in number of shares shorted category among related companies making about  0.01  of Number Of Shares Shorted per EBITDA. The ratio of EBITDA to Number Of Shares Shorted for Broadwind Energy is roughly  72.68 . At this time, Broadwind Energy's EBITDA is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Broadwind Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Broadwind Energy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Broadwind Energy's earnings, one of the primary drivers of an investment's value.

Broadwind Energy Systematic Risk

Broadwind Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Broadwind Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Broadwind Energy correlated with the market. If Beta is less than 0 Broadwind Energy generally moves in the opposite direction as compared to the market. If Broadwind Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Broadwind Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Broadwind Energy is generally in the same direction as the market. If Beta > 1 Broadwind Energy moves generally in the same direction as, but more than the movement of the benchmark.

About Broadwind Energy Financials

What exactly are Broadwind Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Broadwind Energy's income statement, its balance sheet, and the statement of cash flows. Potential Broadwind Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Broadwind Energy investors may use each financial statement separately, they are all related. The changes in Broadwind Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Broadwind Energy'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Broadwind Energy Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Broadwind Energy is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Broadwind has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Broadwind Energy's financials are consistent with your investment objective using the following steps:
  • Review Broadwind Energy's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Broadwind Energy's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Broadwind Energy's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Broadwind Energy's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Broadwind Energy Thematic Clasifications

Broadwind Energy is part of Steel Works Etc investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Steel Works EtcView
This theme covers USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Broadwind Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Broadwind Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Broadwind Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0417)

At this time, Broadwind Energy's Price Earnings To Growth Ratio is very stable compared to the past year.

Broadwind Energy March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Broadwind Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Broadwind Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Broadwind Energy based on widely used predictive technical indicators. In general, we focus on analyzing Broadwind Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Broadwind Energy's daily price indicators and compare them against related drivers.
When determining whether Broadwind Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadwind Energy'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 Broadwind Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadwind Energy Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.
Note that the Broadwind Energy information on this page should be used as a complementary analysis to other Broadwind Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Broadwind Energy's price analysis, check to measure Broadwind Energy'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 Broadwind Energy is operating at the current time. Most of Broadwind Energy's value examination focuses on studying past and present price action to predict the probability of Broadwind Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadwind Energy's price. Additionally, you may evaluate how the addition of Broadwind Energy to your portfolios can decrease your overall portfolio volatility.
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Is Broadwind Energy'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 Broadwind Energy. If investors know Broadwind 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 Broadwind Energy 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
16.667
Earnings Share
0.36
Revenue Per Share
9.603
Quarterly Revenue Growth
(0.35)
Return On Assets
0.0498
The market value of Broadwind Energy is measured differently than its book value, which is the value of Broadwind that is recorded on the company's balance sheet. Investors also form their own opinion of Broadwind Energy's value that differs from its market value or its book value, called intrinsic value, which is Broadwind Energy'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 Broadwind Energy's market value can be influenced by many factors that don't directly affect Broadwind Energy'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 Broadwind Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadwind Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadwind Energy'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.