Bloom Energy Corp Stock Working Capital
BE Stock | USD 11.03 0.23 2.13% |
Bloom Energy Corp fundamentals help investors to digest information that contributes to Bloom Energy's financial success or failures. It also enables traders to predict the movement of Bloom Stock. The fundamental analysis module provides a way to measure Bloom Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bloom Energy stock.
The current year's Net Working Capital is expected to grow to about 1.3 B, whereas Change In Working Capital is projected to grow to (418.3 M). Bloom | Working Capital |
Bloom Working Capital Analysis
Bloom Energy's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 774.6M | 1.1B | 1.1B | 695.7M | Research Development | 103.4M | 150.6M | 155.9M | 97.0M |
Working Capital | = | Current Assets | - | Current Liabilities |
Current Bloom Energy Working Capital | 1.22 B |
Most of Bloom Energy's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bloom Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bloom Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Bloom Energy is extremely important. It helps to project a fair market value of Bloom Stock properly, considering its historical fundamentals such as Working Capital. Since Bloom Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bloom Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bloom Energy's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition |
Bloom Capital Surpluse
Capital Surpluse |
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In accordance with the company's disclosures, Bloom Energy Corp has a Working Capital of 1.22 B. This is 279.48% higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The working capital for all United States stocks is 17.28% higher than that of the company.
Bloom Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bloom Energy's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bloom Energy could also be used in its relative valuation, which is a method of valuing Bloom Energy by comparing valuation metrics of similar companies.Bloom Energy is currently under evaluation in working capital category among related companies.
Bloom Fundamentals
Return On Equity | -0.68 | ||||
Return On Asset | -0.0244 | ||||
Profit Margin | (0.23) % | ||||
Operating Margin | 0.01 % | ||||
Current Valuation | 3.22 B | ||||
Shares Outstanding | 224.97 M | ||||
Shares Owned By Insiders | 11.79 % | ||||
Shares Owned By Institutions | 83.25 % | ||||
Number Of Shares Shorted | 37.27 M | ||||
Price To Earning | (1.97) X | ||||
Price To Book | 4.84 X | ||||
Price To Sales | 1.82 X | ||||
Revenue | 1.33 B | ||||
Gross Profit | 257.59 M | ||||
EBITDA | (129.21 M) | ||||
Net Income | (307.94 M) | ||||
Cash And Equivalents | 348.5 M | ||||
Cash Per Share | 2.52 X | ||||
Total Debt | 1.45 B | ||||
Debt To Equity | 2.63 % | ||||
Current Ratio | 2.46 X | ||||
Book Value Per Share | 2.23 X | ||||
Cash Flow From Operations | (372.53 M) | ||||
Short Ratio | 5.70 X | ||||
Earnings Per Share | (1.42) X | ||||
Price To Earnings To Growth | 2.20 X | ||||
Target Price | 17.36 | ||||
Number Of Employees | 2.38 K | ||||
Beta | 2.76 | ||||
Market Capitalization | 2.43 B | ||||
Total Asset | 2.41 B | ||||
Retained Earnings | (3.87 B) | ||||
Working Capital | 1.22 B | ||||
Current Asset | 523.83 M | ||||
Current Liabilities | 314.74 M | ||||
Z Score | -0.26 | ||||
Net Asset | 2.41 B |
About Bloom Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bloom Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bloom Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bloom Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Net Working Capital | 1.2 B | 1.3 B | |
Change In Working Capital | -440.4 M | -418.3 M |
Pair Trading with Bloom Energy
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 Bloom Energy 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 Bloom Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Bloom Stock
0.9 | MVST | Microvast Holdings Financial Report 14th of May 2024 | PairCorr |
0.62 | NEOV | NeoVolta Common Stock | PairCorr |
Moving against Bloom Stock
0.86 | ESP | Espey Mfg Electronics | PairCorr |
0.84 | AYI | Acuity Brands Earnings Call This Week | PairCorr |
0.71 | NVT | NVent Electric PLC Financial Report 26th of April 2024 | PairCorr |
0.69 | ELVA | Electrovaya Common Shares | PairCorr |
0.6 | ADSEW | ADS-TEC ENERGY PLC | PairCorr |
The ability to find closely correlated positions to Bloom Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bloom Energy 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 Bloom Energy - 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 Bloom Energy Corp to buy it.
The correlation of Bloom Energy 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 Bloom Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bloom Energy Corp 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 Bloom Energy 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 Bloom Energy Piotroski F Score and Bloom Energy Altman Z Score analysis. Note that the Bloom Energy Corp information on this page should be used as a complementary analysis to other Bloom 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Bloom Stock analysis
When running Bloom Energy's price analysis, check to measure Bloom 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 Bloom Energy is operating at the current time. Most of Bloom Energy's value examination focuses on studying past and present price action to predict the probability of Bloom 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 Bloom Energy's price. Additionally, you may evaluate how the addition of Bloom Energy to your portfolios can decrease your overall portfolio volatility.
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Is Bloom 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 Bloom Energy. If investors know Bloom 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 Bloom Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.42) | Revenue Per Share 6.27 | Quarterly Revenue Growth (0.23) | Return On Assets (0.02) | Return On Equity (0.68) |
The market value of Bloom Energy Corp is measured differently than its book value, which is the value of Bloom that is recorded on the company's balance sheet. Investors also form their own opinion of Bloom Energy's value that differs from its market value or its book value, called intrinsic value, which is Bloom 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 Bloom Energy's market value can be influenced by many factors that don't directly affect Bloom 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 Bloom Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bloom Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bloom 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.