EZGO Property Plant And Equipment Net vs Other Current Liab Analysis

EZGO Stock  USD 1.95  0.20  11.43%   
EZGO Technologies financial indicator trend analysis is much more than just examining EZGO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EZGO Technologies is a good investment. Please check the relationship between EZGO Technologies Property Plant And Equipment Net and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZGO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in EZGO Stock, please use our How to Invest in EZGO Technologies guide.

Property Plant And Equipment Net vs Other Current Liab

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EZGO Technologies Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between EZGO Technologies' Property Plant And Equipment Net and Other Current Liab is 0.82. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of EZGO Technologies, assuming nothing else is changed. The correlation between historical values of EZGO Technologies' Property Plant And Equipment Net and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of EZGO Technologies are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., EZGO Technologies' Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Liab

Most indicators from EZGO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EZGO Technologies 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 EZGO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in EZGO Stock, please use our How to Invest in EZGO Technologies guide.As of the 16th of June 2024, Issuance Of Capital Stock is likely to grow to about 38.5 M, though Tax Provision is likely to grow to (53.4 K).
 2021 2023 2024 (projected)
Interest Expense40.1K46.1K43.8K
Depreciation And Amortization646.4K1.4M891.2K

EZGO Technologies fundamental ratios Correlations

0.780.791.00.930.570.96-0.96-0.960.740.981.00.83-0.60.990.72-0.760.950.940.270.741.00.871.00.651.0
0.780.860.770.930.820.77-0.71-0.710.70.680.740.32-0.790.730.76-0.370.570.790.370.770.750.810.760.880.79
0.790.860.780.880.580.86-0.7-0.840.80.70.780.52-0.50.710.88-0.40.630.90.120.570.790.930.780.690.8
1.00.770.780.920.570.95-0.97-0.950.740.991.00.83-0.60.990.71-0.760.960.930.270.741.00.871.00.651.0
0.930.930.880.920.790.89-0.87-0.860.70.870.910.57-0.720.90.73-0.610.770.890.350.780.910.850.920.860.94
0.570.820.580.570.790.43-0.57-0.430.440.490.560.12-0.590.550.43-0.280.350.460.310.590.530.510.560.990.58
0.960.770.860.950.890.43-0.88-0.970.760.930.940.8-0.580.930.79-0.710.910.990.230.690.960.890.960.530.96
-0.96-0.71-0.7-0.97-0.87-0.57-0.880.94-0.76-0.97-0.97-0.840.5-0.97-0.670.66-0.94-0.86-0.21-0.68-0.97-0.84-0.97-0.64-0.95
-0.96-0.71-0.84-0.95-0.86-0.43-0.970.94-0.82-0.94-0.96-0.870.45-0.93-0.80.64-0.93-0.96-0.12-0.61-0.97-0.92-0.95-0.53-0.95
0.740.70.80.740.70.440.76-0.76-0.820.670.760.67-0.240.680.96-0.350.690.82-0.240.360.750.880.720.540.73
0.980.680.70.990.870.490.93-0.97-0.940.670.980.86-0.581.00.62-0.780.980.890.330.760.990.830.990.560.98
1.00.740.781.00.910.560.94-0.97-0.960.760.980.86-0.520.980.72-0.760.960.930.190.681.00.860.990.640.99
0.830.320.520.830.570.120.8-0.84-0.870.670.860.86-0.130.830.57-0.760.940.77-0.090.360.850.680.830.190.8
-0.6-0.79-0.5-0.6-0.72-0.59-0.580.50.45-0.24-0.58-0.52-0.13-0.63-0.320.35-0.46-0.53-0.81-0.93-0.56-0.49-0.61-0.61-0.64
0.990.730.710.990.90.550.93-0.97-0.930.681.00.980.83-0.630.63-0.770.970.890.350.780.990.830.990.620.99
0.720.760.880.710.730.430.79-0.67-0.80.960.620.720.57-0.320.63-0.350.610.86-0.20.360.720.870.70.540.71
-0.76-0.37-0.4-0.76-0.61-0.28-0.710.660.64-0.35-0.78-0.76-0.760.35-0.77-0.35-0.81-0.68-0.14-0.45-0.76-0.42-0.76-0.3-0.76
0.950.570.630.960.770.350.91-0.94-0.930.690.980.960.94-0.460.970.61-0.810.870.20.650.960.780.960.420.95
0.940.790.90.930.890.460.99-0.86-0.960.820.890.930.77-0.530.890.86-0.680.870.110.610.940.90.930.560.94
0.270.370.120.270.350.310.23-0.21-0.12-0.240.330.19-0.09-0.810.35-0.2-0.140.20.110.80.240.160.30.30.31
0.740.770.570.740.780.590.69-0.68-0.610.360.760.680.36-0.930.780.36-0.450.650.610.80.720.650.760.630.77
1.00.750.791.00.910.530.96-0.97-0.970.750.991.00.85-0.560.990.72-0.760.960.940.240.720.871.00.610.99
0.870.810.930.870.850.510.89-0.84-0.920.880.830.860.68-0.490.830.87-0.420.780.90.160.650.870.860.620.87
1.00.760.781.00.920.560.96-0.97-0.950.720.990.990.83-0.610.990.7-0.760.960.930.30.761.00.860.631.0
0.650.880.690.650.860.990.53-0.64-0.530.540.560.640.19-0.610.620.54-0.30.420.560.30.630.610.620.630.65
1.00.790.81.00.940.580.96-0.95-0.950.730.980.990.8-0.640.990.71-0.760.950.940.310.770.990.871.00.65
Click cells to compare fundamentals

EZGO Technologies Account Relationship Matchups

EZGO Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.8M42.0M47.5M81.9M94.2M98.9M
Other Current Liab5.6M8.4M9.4M7.3M8.4M6.2M
Total Current Liabilities6.7M9.5M14.0M11.0M12.7M10.1M
Total Stockholder Equity8.9M28.5M30.6M63.4M72.9M76.5M
Property Plant And Equipment Net3.1M8.7M4.1M3.9M4.5M4.4M
Current Deferred Revenue155.4K94.9K900.4K1.0M1.2M1.3M
Net Debt(3.0K)(4.5M)(1.6M)(11.2M)(10.0M)(9.5M)
Retained Earnings1.6M(1.4M)(7.9M)(14.8M)(13.3M)(12.6M)
Accounts Payable644.6K651.7K866.0K990.4K1.1M705.3K
Cash322.6K4.8M4.4M17.3M19.8M20.8M
Non Current Assets Total3.5M14.3M14.4M29.0M33.4M35.0M
Non Currrent Assets Other294.6K356.8K1.4M5.5M6.3M6.6M
Cash And Short Term Investments2.5M7.2M5.1M17.9M20.6M21.7M
Net Receivables8.8M7.9M13.1M11.3M13.0M9.4M
Liabilities And Stockholders Equity19.8M42.0M47.5M81.9M94.2M98.9M
Non Current Liabilities Total1.1M1.1M4.6M4.4M5.0M5.3M
Inventory867.8K924.3K380.9K828.9K746.0K776.9K
Other Current Assets67.9K70.1K60.5K77.6K89.3K74.1K
Other Stockholder Equity7.3M29.1M40.6M81.8M94.1M98.8M
Total Liab6.7M9.5M14.0M15.4M17.7M10.9M
Net Invested Capital9.2M28.8M33.4M69.4M79.9M83.9M
Property Plant And Equipment Gross3.1M9.5M5.4M4.8M5.5M4.9M
Total Current Assets16.3M27.7M33.2M52.9M60.8M63.9M
Accumulated Other Comprehensive Income(46.7K)827.9K(2.1M)(3.7M)(3.4M)(3.2M)
Net Working Capital9.6M18.2M19.2M41.9M48.1M50.5M
Short Term Debt319.6K310.4K2.8M1.7M1.5M2.0M
Short Long Term Debt Total319.6K310.4K2.8M6.1M7.0M7.4M
Short Long Term Debt319.6K310.4K2.8M1.7M1.5M1.5M

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Additional Information and Resources on Investing in EZGO Stock

When determining whether EZGO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EZGO Technologies' 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 Ezgo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ezgo Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZGO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in EZGO Stock, please use our How to Invest in EZGO Technologies guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Apparel, Accessories & Luxury Goods space 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 EZGO Technologies. If investors know EZGO 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 EZGO Technologies 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
0.771
Earnings Share
(6.00)
Revenue Per Share
13.88
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.05)
The market value of EZGO Technologies is measured differently than its book value, which is the value of EZGO that is recorded on the company's balance sheet. Investors also form their own opinion of EZGO Technologies' value that differs from its market value or its book value, called intrinsic value, which is EZGO Technologies' 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 EZGO Technologies' market value can be influenced by many factors that don't directly affect EZGO Technologies' 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 EZGO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if EZGO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EZGO Technologies' 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.