Ehang Net Tangible Assets vs Cash Analysis

EH Stock  USD 18.98  1.10  6.15%   
Ehang Holdings financial indicator trend analysis is much more than just examining Ehang Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ehang Holdings is a good investment. Please check the relationship between Ehang Holdings Net Tangible Assets and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.

Net Tangible Assets vs Cash

Net Tangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ehang Holdings Net Tangible Assets account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ehang Holdings' Net Tangible Assets and Cash is 0.92. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Ehang Holdings, assuming nothing else is changed. The correlation between historical values of Ehang Holdings' Net Tangible Assets and Cash 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 Tangible Assets of Ehang Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Tangible Assets i.e., Ehang Holdings' Net Tangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Cash

Cash refers to the most liquid asset of Ehang Holdings, which is listed under current asset account on Ehang Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ehang Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Ehang Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Ehang Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ehang Holdings 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 Ehang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.The current Tax Provision is estimated to decrease to about 195.7 K. The current Selling General Administrative is estimated to decrease to about 103.5 M
 2021 2022 2023 2024 (projected)
Gross Profit36.0M29.2M75.3M55.9M
Total Revenue56.8M44.3M117.4M97.2M

Ehang Holdings fundamental ratios Correlations

0.960.910.970.550.960.680.79-0.48-0.840.890.90.750.550.930.630.990.420.12-0.970.980.940.350.99-0.890.98
0.960.960.910.410.90.730.79-0.33-0.850.880.830.790.660.830.650.960.48-0.05-0.930.950.920.470.96-0.820.93
0.910.960.80.350.790.850.81-0.12-0.90.770.760.880.750.750.460.880.59-0.07-0.820.870.910.610.94-0.660.83
0.970.910.80.561.00.560.72-0.63-0.740.910.920.640.450.950.720.960.260.09-0.990.980.870.240.93-0.971.0
0.550.410.350.560.570.20.36-0.48-0.420.60.490.290.170.580.260.490.410.45-0.520.50.7-0.030.54-0.540.55
0.960.90.791.00.570.520.68-0.66-0.710.910.920.60.460.950.730.960.240.08-1.00.970.870.250.91-0.980.99
0.680.730.850.560.20.520.920.19-0.950.470.560.990.560.550.130.610.64-0.07-0.540.70.690.520.74-0.380.61
0.790.790.810.720.360.680.92-0.06-0.980.60.680.940.330.70.320.720.560.07-0.680.830.740.230.83-0.570.75
-0.48-0.33-0.12-0.63-0.48-0.660.19-0.060.04-0.44-0.690.120.06-0.7-0.44-0.540.46-0.020.63-0.49-0.330.14-0.40.76-0.59
-0.84-0.85-0.9-0.74-0.42-0.71-0.95-0.980.04-0.66-0.7-0.98-0.49-0.72-0.31-0.77-0.65-0.070.71-0.84-0.83-0.38-0.880.58-0.78
0.890.880.770.910.60.910.470.6-0.44-0.660.70.570.520.750.860.870.490.23-0.910.890.890.210.84-0.870.9
0.90.830.760.920.490.920.560.68-0.69-0.70.70.610.440.980.440.910.06-0.14-0.920.910.780.370.88-0.90.93
0.750.790.880.640.290.60.990.940.12-0.980.570.610.580.610.230.680.68-0.01-0.620.760.770.490.8-0.460.69
0.550.660.750.450.170.460.560.330.06-0.490.520.440.580.380.250.520.46-0.32-0.510.490.670.920.56-0.340.49
0.930.830.750.950.580.950.550.7-0.7-0.720.750.980.610.380.480.930.140.06-0.940.920.820.260.91-0.920.95
0.630.650.460.720.260.730.130.32-0.44-0.310.860.440.230.250.480.660.210.19-0.730.670.53-0.080.54-0.760.69
0.990.960.880.960.490.960.610.72-0.54-0.770.870.910.680.520.930.660.330.08-0.970.960.890.330.97-0.90.97
0.420.480.590.260.410.240.640.560.46-0.650.490.060.680.460.140.210.330.43-0.240.360.620.250.48-0.080.29
0.12-0.05-0.070.090.450.08-0.070.07-0.02-0.070.23-0.14-0.01-0.320.060.190.080.43-0.030.040.15-0.550.1-0.070.06
-0.97-0.93-0.82-0.99-0.52-1.0-0.54-0.680.630.71-0.91-0.92-0.62-0.51-0.94-0.73-0.97-0.24-0.03-0.97-0.87-0.3-0.930.97-0.99
0.980.950.870.980.50.970.70.83-0.49-0.840.890.910.760.490.920.670.960.360.04-0.970.890.290.95-0.920.99
0.940.920.910.870.70.870.690.74-0.33-0.830.890.780.770.670.820.530.890.620.15-0.870.890.460.94-0.770.89
0.350.470.610.24-0.030.250.520.230.14-0.380.210.370.490.920.26-0.080.330.25-0.55-0.30.290.460.38-0.130.29
0.990.960.940.930.540.910.740.83-0.4-0.880.840.880.80.560.910.540.970.480.1-0.930.950.940.38-0.820.94
-0.89-0.82-0.66-0.97-0.54-0.98-0.38-0.570.760.58-0.87-0.9-0.46-0.34-0.92-0.76-0.9-0.08-0.070.97-0.92-0.77-0.13-0.82-0.96
0.980.930.831.00.550.990.610.75-0.59-0.780.90.930.690.490.950.690.970.290.06-0.990.990.890.290.94-0.96
Click cells to compare fundamentals

Ehang Holdings Account Relationship Matchups

Ehang Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets449.4M484.5M535.4M530.9M598.6M452.1M
Short Long Term Debt Total37.5M15M30M200.1M163.5M171.7M
Other Current Liab53.3M81.6M61.9M97.8M94.2M64.4M
Total Current Liabilities95.6M158.0M136.4M282.3M250.1M159.1M
Total Stockholder Equity311.6M276.3M332.6M124.3M213.8M224.5M
Other Liab5.9M8.8M47.9M10.1M11.6M15.3M
Net Tangible Assets310.4M275.3M331.9M122.3M140.6M147.7M
Property Plant And Equipment Net16.3M20.9M33.8M120.5M119.2M125.1M
Current Deferred Revenue10.0M8.3M16.0M22.8M41.9M44.0M
Net Debt(284.1M)(122.8M)(216.9M)(49.2M)(64.7M)(67.9M)
Retained Earnings(720.4M)(808.0M)(1.1B)(1.5B)(1.8B)(1.7B)
Accounts Payable27.3M53.1M45.6M35.5M35.1M36.2M
Cash321.7M137.8M246.9M249.3M228.3M205.4M
Non Current Assets Total20.9M43.8M58.3M143.7M145.6M152.9M
Non Currrent Assets Other252K4.1M2.4M11.4M1.4M1.4M
Other Assets436K19.0M17.6M11.4M13.1M8.9M
Cash And Short Term Investments329.3M187.1M312.0M249.3M285.7M239.7M
Net Receivables60.1M180.1M57.5M20.3M46.0M61.5M
Common Stock Shares Outstanding30.6M54.8M56.5M57.3M60.7M56.0M
Short Term Investments0.07.7M49.3M65.1M57.5M34.3M
Liabilities And Stockholders Equity449.4M484.5M535.4M530.9M598.6M452.1M
Non Current Liabilities Total38.5M48.8M64.9M123.8M134.4M186.4M
Inventory18.5M47.1M78.1M72.4M59.5M44.1M
Other Current Assets4.8M2.3M1.7M45.2M2.9M2.7M
Other Stockholder Equity1.0B1.1B1.5B1.6B2.0B1.1B
Total Liab134.1M206.8M201.4M406.2M384.4M302.1M
Net Invested Capital349.4M291.3M362.6M248.9M296.4M311.3M
Property Plant And Equipment Gross16.3M20.9M33.8M120.5M154.0M161.6M
Short Long Term Debt5.3M15M13M120.8M73.3M37.7M
Total Current Assets428.5M440.7M477.2M387.2M453.0M380.1M
Accumulated Other Comprehensive Income11.2M3.0M(4.7M)16.2M16.3M9.2M
Net Working Capital332.9M282.7M340.7M104.8M203.0M221.0M
Short Term Debt5M15M13M126.3M78.9M41.7M
Intangible Assets272K120K745K2.0M2.4M2.5M

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When determining whether Ehang Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ehang Holdings' 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 Ehang Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehang Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.
Note that the Ehang Holdings information on this page should be used as a complementary analysis to other Ehang Holdings' 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Ehang Holdings' price analysis, check to measure Ehang Holdings' 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 Ehang Holdings is operating at the current time. Most of Ehang Holdings' value examination focuses on studying past and present price action to predict the probability of Ehang Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ehang Holdings' price. Additionally, you may evaluate how the addition of Ehang Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Ehang Holdings' 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 Ehang Holdings. If investors know Ehang 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 Ehang Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.68)
Revenue Per Share
1.933
Quarterly Revenue Growth
2.609
Return On Assets
(0.33)
Return On Equity
(1.44)
The market value of Ehang Holdings is measured differently than its book value, which is the value of Ehang that is recorded on the company's balance sheet. Investors also form their own opinion of Ehang Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ehang Holdings' 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 Ehang Holdings' market value can be influenced by many factors that don't directly affect Ehang Holdings' 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 Ehang Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ehang Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ehang Holdings' 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.