EVgo Equity Financials

EVGOW Stock  USD 1.10  0.01  0.90%   
Based on the key measurements obtained from EVgo Equity's financial statements, EVgo Equity Warrants may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, EVgo Equity's Net Receivables is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 92.3 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 35 M in 2024. Key indicators impacting EVgo Equity's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.542.9929
Fairly Down
Slightly volatile
Investors should never underestimate EVgo Equity's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor EVgo Equity's cash flow, debt, and profitability to make informed and accurate decisions about investing in EVgo Equity Warrants.

Net Income

(44.55 Million)

  
Understanding current and past EVgo Equity Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EVgo Equity's financial statements are interrelated, with each one affecting the others. For example, an increase in EVgo Equity's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in EVgo Equity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of EVgo Equity Warrants. Check EVgo Equity's Beneish M Score to see the likelihood of EVgo Equity's management manipulating its earnings.

EVgo Equity Stock Summary

EVgo Equity is entity of United States. It is traded as Stock on NASDAQ exchange.
Specialization
Consumer Cyclical, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS30052F1185
CUSIP30052F118 18716C118
LocationCalifornia; U.S.A
Business Address11835 West Olympic
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.evgo.com
Phone877 494 3833
CurrencyUSD - US Dollar

EVgo Equity Key Financial Ratios

EVgo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining EVgo Equity's current stock value. Our valuation model uses many indicators to compare EVgo Equity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EVgo Equity competition to find correlations between indicators driving EVgo Equity's intrinsic value. More Info.
EVgo Equity Warrants is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers . At this time, EVgo Equity's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value EVgo Equity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

EVgo Equity Warrants Systematic Risk

EVgo Equity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EVgo Equity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on EVgo Equity Warrants correlated with the market. If Beta is less than 0 EVgo Equity generally moves in the opposite direction as compared to the market. If EVgo Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EVgo Equity Warrants is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EVgo Equity is generally in the same direction as the market. If Beta > 1 EVgo Equity moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in EVgo Equity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EVgo Equity's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of EVgo Equity growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.14

At this time, EVgo Equity's Price Earnings To Growth Ratio is fairly stable compared to the past year.

EVgo Equity November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of EVgo Equity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EVgo Equity Warrants. We use our internally-developed statistical techniques to arrive at the intrinsic value of EVgo Equity Warrants based on widely used predictive technical indicators. In general, we focus on analyzing EVgo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EVgo Equity's daily price indicators and compare them against related drivers.

Additional Tools for EVgo Stock Analysis

When running EVgo Equity's price analysis, check to measure EVgo Equity'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 EVgo Equity is operating at the current time. Most of EVgo Equity's value examination focuses on studying past and present price action to predict the probability of EVgo Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVgo Equity's price. Additionally, you may evaluate how the addition of EVgo Equity to your portfolios can decrease your overall portfolio volatility.