Ehang Total Current Liabilities vs Total Cash From Operating Activities Analysis
EH Stock | USD 17.38 0.94 5.13% |
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 Total Current Liabilities and its Total Cash From Operating Activities 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.
Total Current Liabilities vs Total Cash From Operating Activities
Total Current Liabilities vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ehang Holdings Total Current Liabilities account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Ehang Holdings' Total Current Liabilities and Total Cash From Operating Activities is -0.87. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Cash From Operating Activities 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' Total Current Liabilities and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Ehang Holdings are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Liabilities i.e., Ehang Holdings' Total Current Liabilities and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Ehang Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ehang Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Cash From Operating Activities
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 Profit | 36.0M | 29.2M | 75.3M | 55.9M | Total Revenue | 56.8M | 44.3M | 117.4M | 97.2M |
Ehang Holdings fundamental ratios Correlations
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Ehang Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ehang Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 449.4M | 484.5M | 535.4M | 530.9M | 598.6M | 452.1M | |
Short Long Term Debt Total | 37.5M | 15M | 30M | 200.1M | 163.5M | 171.7M | |
Other Current Liab | 53.3M | 81.6M | 61.9M | 97.8M | 94.2M | 64.4M | |
Total Current Liabilities | 95.6M | 158.0M | 136.4M | 282.3M | 250.1M | 159.1M | |
Total Stockholder Equity | 311.6M | 276.3M | 332.6M | 124.3M | 213.8M | 224.5M | |
Other Liab | 5.9M | 8.8M | 47.9M | 10.1M | 11.6M | 15.3M | |
Net Tangible Assets | 310.4M | 275.3M | 331.9M | 122.3M | 140.6M | 147.7M | |
Property Plant And Equipment Net | 16.3M | 20.9M | 33.8M | 120.5M | 119.2M | 125.1M | |
Current Deferred Revenue | 10.0M | 8.3M | 16.0M | 22.8M | 41.9M | 44.0M | |
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 Payable | 27.3M | 53.1M | 45.6M | 35.5M | 35.1M | 36.2M | |
Cash | 321.7M | 137.8M | 246.9M | 249.3M | 228.3M | 205.4M | |
Non Current Assets Total | 20.9M | 43.8M | 58.3M | 143.7M | 145.6M | 152.9M | |
Non Currrent Assets Other | 252K | 4.1M | 2.4M | 11.4M | 1.4M | 1.4M | |
Other Assets | 436K | 19.0M | 17.6M | 11.4M | 13.1M | 8.9M | |
Cash And Short Term Investments | 329.3M | 187.1M | 312.0M | 249.3M | 285.7M | 239.7M | |
Net Receivables | 60.1M | 180.1M | 57.5M | 20.3M | 46.0M | 61.5M | |
Common Stock Shares Outstanding | 30.6M | 54.8M | 56.5M | 57.3M | 60.7M | 56.0M | |
Short Term Investments | 0.0 | 7.7M | 49.3M | 65.1M | 57.5M | 34.3M | |
Liabilities And Stockholders Equity | 449.4M | 484.5M | 535.4M | 530.9M | 598.6M | 452.1M | |
Non Current Liabilities Total | 38.5M | 48.8M | 64.9M | 123.8M | 134.4M | 186.4M | |
Inventory | 18.5M | 47.1M | 78.1M | 72.4M | 59.5M | 44.1M | |
Other Current Assets | 4.8M | 2.3M | 1.7M | 45.2M | 2.9M | 2.7M | |
Other Stockholder Equity | 1.0B | 1.1B | 1.5B | 1.6B | 2.0B | 1.1B | |
Total Liab | 134.1M | 206.8M | 201.4M | 406.2M | 384.4M | 302.1M | |
Net Invested Capital | 349.4M | 291.3M | 362.6M | 248.9M | 296.4M | 311.3M | |
Property Plant And Equipment Gross | 16.3M | 20.9M | 33.8M | 120.5M | 154.0M | 161.6M | |
Short Long Term Debt | 5.3M | 15M | 13M | 120.8M | 73.3M | 37.7M | |
Total Current Assets | 428.5M | 440.7M | 477.2M | 387.2M | 453.0M | 380.1M | |
Accumulated Other Comprehensive Income | 11.2M | 3.0M | (4.7M) | 16.2M | 16.3M | 9.2M | |
Net Working Capital | 332.9M | 282.7M | 340.7M | 104.8M | 203.0M | 221.0M | |
Short Term Debt | 5M | 15M | 13M | 126.3M | 78.9M | 41.7M | |
Intangible Assets | 272K | 120K | 745K | 2.0M | 2.4M | 2.5M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ehang Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ehang Holdings' short interest history, or implied volatility extrapolated from Ehang Holdings options trading.
Pair Trading with Ehang Holdings
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 Ehang Holdings 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 Ehang Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Ehang Stock
0.89 | CW | Curtiss Wright | PairCorr |
0.9 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
Moving against Ehang Stock
0.93 | AZ | A2Z Smart Technologies | PairCorr |
0.82 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
0.63 | EVEX | Eve Holding Earnings Call This Week | PairCorr |
0.53 | ESLT | Elbit Systems Financial Report 4th of June 2024 | PairCorr |
The ability to find closely correlated positions to Ehang Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ehang Holdings 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 Ehang Holdings - 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 Ehang Holdings to buy it.
The correlation of Ehang Holdings 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 Ehang Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ehang Holdings 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 Ehang Holdings 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 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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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.