Electric Car Stock Current Asset
| ELCR Stock | USD 0.0001 0.00 0.00% |
Electric Car fundamentals help investors to digest information that contributes to Electric Car's financial success or failures. It also enables traders to predict the movement of Electric Stock. The fundamental analysis module provides a way to measure Electric Car'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 Electric Car stock.
As of 05/21/2024, Total Current Assets is likely to grow to about 1.2 M, while Other Current Assets are likely to drop slightly above 326.4 K. Electric | Current Asset |
Electric Car Company Current Asset Analysis
Electric Car's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Electric Car Current Asset | 711 K |
Most of Electric Car's fundamental indicators, such as Current Asset, 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, Electric Car is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Electric Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Electric Car is extremely important. It helps to project a fair market value of Electric Stock properly, considering its historical fundamentals such as Current Asset. Since Electric Car'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 Electric Car'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 Electric Car's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Electric Total Assets
Total Assets |
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In accordance with the recently published financial statements, Electric Car has a Current Asset of 711 K. This is 100.0% lower than that of the Automobiles sector and 100.0% lower than that of the Consumer Discretionary industry. The current asset for all United States stocks is 99.99% higher than that of the company.
Electric Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Electric Car's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Electric Car could also be used in its relative valuation, which is a method of valuing Electric Car by comparing valuation metrics of similar companies.Electric Car is currently under evaluation in current asset category among related companies.
Electric Fundamentals
| Return On Asset | -1.76 | |||
| Profit Margin | (2.30) % | |||
| Operating Margin | (2.31) % | |||
| Current Valuation | 1.33 M | |||
| Shares Outstanding | 6.82 B | |||
| Price To Sales | 0 X | |||
| Revenue | 1.14 M | |||
| Gross Profit | 38.58 K | |||
| EBITDA | (2.56 M) | |||
| Net Income | (1.91 M) | |||
| Cash And Equivalents | 69.29 K | |||
| Total Debt | 771.46 K | |||
| Current Ratio | 0.69 X | |||
| Cash Flow From Operations | (1.15 M) | |||
| Earnings Per Share | (0.02) X | |||
| Number Of Employees | 24 | |||
| Beta | 17.37 | |||
| Market Capitalization | 6.82 K | |||
| Total Asset | 1.2 M | |||
| Retained Earnings | (2.61 M) | |||
| Working Capital | (341 K) | |||
| Current Asset | 711 K | |||
| Current Liabilities | 1.05 M | |||
| Net Asset | 1.2 M |
About Electric Car Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electric Car's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electric Car using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electric Car 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.
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Try AI Portfolio ArchitectCheck out Electric Car Piotroski F Score and Electric Car Altman Z Score analysis. To learn how to invest in Electric Stock, please use our How to Invest in Electric Car guide.Note that the Electric Car information on this page should be used as a complementary analysis to other Electric Car'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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Electric Stock analysis
When running Electric Car's price analysis, check to measure Electric Car'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 Electric Car is operating at the current time. Most of Electric Car's value examination focuses on studying past and present price action to predict the probability of Electric Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Car's price. Additionally, you may evaluate how the addition of Electric Car to your portfolios can decrease your overall portfolio volatility.
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Is Electric Car'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 Electric Car. If investors know Electric 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 Electric Car listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.001 | Quarterly Revenue Growth (0.35) | Return On Assets (1.76) |
The market value of Electric Car is measured differently than its book value, which is the value of Electric that is recorded on the company's balance sheet. Investors also form their own opinion of Electric Car's value that differs from its market value or its book value, called intrinsic value, which is Electric Car'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 Electric Car's market value can be influenced by many factors that don't directly affect Electric Car'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 Electric Car's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electric Car is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electric Car'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.