Envirotech Vehicles Financials

EVTV Stock  USD 0.26  0.01  4.00%   
Based on the key indicators related to Envirotech Vehicles' liquidity, profitability, solvency, and operating efficiency, Envirotech Vehicles is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, Envirotech Vehicles' Other Current Assets are fairly stable compared to the past year. Total Liabilities is likely to climb to about 2.4 M in 2025, whereas Other Current Liabilities is likely to drop slightly above 494.1 K in 2025. Key indicators impacting Envirotech Vehicles' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio4.146.12
Way Down
Slightly volatile
Investors should never underestimate Envirotech Vehicles' 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 Envirotech Vehicles' cash flow, debt, and profitability to make informed and accurate decisions about investing in Envirotech Vehicles.

Net Income

(11.99 Million)

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

Envirotech Vehicles Stock Summary

Envirotech Vehicles competes with Phoenix, Volcon, and Worksport. Envirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP29414V209 00726A100 29414V100
LocationCalifornia; U.S.A
Business Address1425 Ohlendorf Road,
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websiteevtvusa.com
Phone870 970 3355
CurrencyUSD - US Dollar

Envirotech Vehicles Key Financial Ratios

Envirotech Vehicles Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.4M75.3M33.5M22.7M26.1M25.2M
Other Current Liab649.0K2.4M1.1M452.2K520.1K494.1K
Net Debt1.4M16.6K(4.8M)349.8K314.9K330.6K
Retained Earnings(472.3K)(8.1M)(51.9M)(64.6M)(58.2M)(61.1M)
Accounts Payable345.4K238.5K603.7K760.8K874.9K918.7K
Cash136.2K4.8M2.8M456.7K411.0K390.5K
Net Receivables9K1.4M2.1M692.1K795.9K1.1M
Inventory354K3.9M10.5M10.1M11.7M12.2M
Other Current Assets1.8M392.6K216.9K776.4K698.7K762.4K
Total Liab2.9M1.6M1.5M2.0M1.8M2.4M
Total Current Assets1.9M23.0M18.3M12.1M13.9M12.5M
Short Term Debt5.8M204K163.0K560.5K504.5K479.2K
Common Stock100.03.0K150.0152.0136.8129.96

Envirotech Vehicles Key Income Statement Accounts

The reason investors look at the income statement is to determine what Envirotech Vehicles' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense189K42K2.9K4.4B5.1B5.3B
Total Revenue88.7K2.0M4.5M2.9M2.6M5.1M
Gross Profit15.2K761.4K1.7M1.0M1.2M861.9K
Operating Income(411.0K)(7.7M)(6.8M)(12.7M)(14.6M)(15.4M)
Ebit(404.0K)(7.4M)(6.8M)(7.6M)(8.8M)(9.2M)
Research Development75K58.1K149.9K236.2K212.6K217.3K
Ebitda(5.2M)(386.3K)(7.4M)(7.5M)(8.6M)(9.0M)
Income Before Tax(406.8K)(7.4M)(43.8M)(12.7M)(11.4M)(12.0M)
Net Income(279.5K)(7.7M)(43.8M)(12.7M)(11.4M)(12.0M)
Cost Of Revenue73.6K1.3M2.8M1.9M1.7M1.6M

Envirotech Vehicles Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory140K(3.2M)(2.1M)370.3K333.3K349.9K
Change In Cash1.6M3.0M(2.1M)(2.4M)(2.1M)(2.0M)
Free Cash Flow1.5M(13.0M)(7.6M)(4.3M)(3.9M)(4.0M)
Depreciation17.7K70.3K97.2K128.8K148.1K155.5K
Other Non Cash Items(347K)(290.5K)(10.0K)5.1M5.9M6.2M
Capital Expenditures73.1K28.0K168.6K35.8K32.2K58.5K
Net Income(279.5K)(7.7M)(43.8M)(12.7M)(11.4M)(12.0M)
End Period Cash Flow1.9M4.9M2.8M456.7K411.0K390.5K

Envirotech Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Envirotech Vehicles's current stock value. Our valuation model uses many indicators to compare Envirotech Vehicles value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Envirotech Vehicles competition to find correlations between indicators driving Envirotech Vehicles's intrinsic value. More Info.
Envirotech Vehicles is one of the top stocks in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . At this time, Envirotech Vehicles' 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 Envirotech Vehicles 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.

Envirotech Vehicles Systematic Risk

Envirotech Vehicles' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Envirotech Vehicles 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Envirotech Vehicles correlated with the market. If Beta is less than 0 Envirotech Vehicles generally moves in the opposite direction as compared to the market. If Envirotech Vehicles Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Envirotech Vehicles is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Envirotech Vehicles is generally in the same direction as the market. If Beta > 1 Envirotech Vehicles moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Envirotech Vehicles is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Envirotech has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Envirotech Vehicles' financials are consistent with your investment objective using the following steps:
  • Review Envirotech Vehicles' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Envirotech Vehicles' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Envirotech Vehicles' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Envirotech Vehicles' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Envirotech Vehicles Thematic Clasifications

Envirotech Vehicles is part of Automobiles and Trucks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Automobiles and TrucksView
This theme covers USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Envirotech Vehicles Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Envirotech Vehicles' 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 Envirotech Vehicles growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0214

At this time, Envirotech Vehicles' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Envirotech Vehicles March 22, 2025 Opportunity Range

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

Additional Tools for Envirotech Stock Analysis

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