Electrovaya Common Shares Stock Today

ELVA Stock   2.30  0.02  0.88%   

Performance

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Odds Of Distress

Over 82

 
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Electrovaya Common is trading at 2.30 as of the 6th of October 2024, a 0.88 percent up since the beginning of the trading day. The stock's open price was 2.28. Electrovaya Common has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Electrovaya Common Shares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of July 2024 and ending today, the 6th of October 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
8th of January 2016
Category
Industrials
Electrovaya Common is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 34.13 M outstanding shares of which 66.63 K shares are currently shorted by private and institutional investors with about 2.81 trading days to cover. More on Electrovaya Common Shares

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Electrovaya Stock Highlights

CEO DirectorRajshekar Gupta
Thematic Ideas
(View all Themes)
Old Names[REED ELSEVIER NV, REED ELSEVIER NV, REED ELSEVIER NV - Dusseldorf Stock Exchang, REED ELSEVIER NV, RELX NV (ELVA.SG), RELX NV]
Business ConcentrationElectrical Components & Equipment, Electrical Equipment & Parts, Industrials, NASDAQ Composite, Heavy Metals, Electrical Equipment, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.121.07
Sufficiently Up
Slightly volatile
Gross Profit Margin0.280.3
Significantly Down
Slightly volatile
Total Current Liabilities32.1 M30.6 M
Sufficiently Up
Slightly volatile
Total Assets16.7 M32.9 M
Way Down
Pretty Stable
Total Current Assets24.5 M23.3 M
Sufficiently Up
Slightly volatile
Electrovaya Common can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Electrovaya Common's financial leverage. It provides some insight into what part of Electrovaya Common's total assets is financed by creditors.
Liquidity
Electrovaya Common Shares currently holds 19.03 M in liabilities. Note, when we think about Electrovaya Common's use of debt, we should always consider it together with its cash and equity.

Change In Cash

383,670
Electrovaya Common Shares (ELVA) is traded on NASDAQ Exchange in USA. It is located in 6688 Kitimat Road, Mississauga, ON, Canada, L5N 1P8 and employs 97 people. Electrovaya Common is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 79.35 M. Electrovaya Common Shares conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 34.13 M outstanding shares of which 66.63 K shares are currently shorted by private and institutional investors with about 2.81 trading days to cover. Electrovaya Common generates negative cash flow from operations
Check Electrovaya Common Probability Of Bankruptcy
Ownership Allocation
Electrovaya Common holds a total of 34.13 Million outstanding shares. Electrovaya Common Shares retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Electrovaya Ownership Details

Electrovaya Common Historical Income Statement

At present, Electrovaya Common's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 13.5 M, whereas Depreciation And Amortization is forecasted to decline to about 663.7 K. View More Fundamentals

Electrovaya Stock Against Markets

Electrovaya Common Corporate Executives

Elected by the shareholders, the Electrovaya Common's board of directors comprises two types of representatives: Electrovaya Common inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Electrovaya. The board's role is to monitor Electrovaya Common's management team and ensure that shareholders' interests are well served. Electrovaya Common's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Electrovaya Common's outside directors are responsible for providing unbiased perspectives on the board's policies.
John GibsonCFO SecretaryProfile
Francis GibsonCFO SecretaryProfile

Additional Information and Resources on Investing in Electrovaya Stock

When determining whether Electrovaya Common Shares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Electrovaya Common's 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 Electrovaya Common Shares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electrovaya Common Shares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrovaya Common Shares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Electrical Components & Equipment 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 Electrovaya Common. If investors know Electrovaya 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 Electrovaya Common 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
1.433
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0318
Return On Equity
0.087
The market value of Electrovaya Common Shares is measured differently than its book value, which is the value of Electrovaya that is recorded on the company's balance sheet. Investors also form their own opinion of Electrovaya Common's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya Common'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 Electrovaya Common's market value can be influenced by many factors that don't directly affect Electrovaya Common'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 Electrovaya Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya Common'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.