NeoVolta Warrant Financials

NEOVW Stock  USD 2.42  0.02  0.83%   
Based on the key indicators related to NeoVolta Warrant's liquidity, profitability, solvency, and operating efficiency, NeoVolta Warrant is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, NeoVolta Warrant's Net Working Capital is fairly stable compared to the past year. Key indicators impacting NeoVolta Warrant's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio58.6676.2116
Significantly Down
Slightly volatile
The essential information of the day-to-day investment outlook for NeoVolta Warrant includes many different criteria found on its balance sheet. An individual investor should monitor NeoVolta Warrant's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NeoVolta Warrant.

Net Income

(2.42 Million)

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

NeoVolta Warrant Stock Summary

NeoVolta Warrant competes with Solid Power, Enovix Corp, Microvast Holdings, LiCycle Holdings, and Fluence Energy. NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. NeoVolta Inc. was founded in 2018 and is headquartered in Poway, California. Neovolta Inc operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 3 people.
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP640655114
LocationCalifornia; U.S.A
Business Address13651 Danielson Street,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.neovolta.com
Phone800 364 5464
CurrencyUSD - US Dollar

NeoVolta Warrant Key Financial Ratios

NeoVolta Warrant Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.4M3.3M4.1M6.5M4.7M4.8M
Other Current Liab21.6K40.7K180.8K39.5K55.8K64.1K
Net Debt(1.3M)(406.4K)791.3K(2.0M)(986.4K)(1.0M)
Retained Earnings(2.4M)(10.0M)(15.8M)(18.4M)(20.7M)(19.7M)
Accounts Payable3.7K53.5K205.6K0.05.3K5.1K
Cash1.3M425.7K330.4K2.0M986.4K1.1M
Inventory1.6M1.7M2.2M2.6M1.8M2.0M
Other Current Assets150.0K45.9K478.0K96.1K76.8K73.0K
Total Liab69.3K113.6K1.5M39.5K61.1K58.0K
Total Current Assets3.4M3.3M4.1M6.5M4.7M4.8M
Common Stock14.4K19.6K22.0K33.2K33.2K24.6K

NeoVolta Warrant Key Income Statement Accounts

The reason investors look at the income statement is to determine what NeoVolta Warrant's 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.
201920202021202220232024 (projected)
Operating Income(1.4M)(7.7M)(5.8M)(2.6M)(2.3M)(2.5M)
Ebit(2.9M)(7.6M)(5.8M)(2.6M)(2.3M)(2.5M)
Research Development162.7K42.8K68.5K29.9K19.2K18.2K
Ebitda(1.4M)(7.6M)(5.7M)(2.6M)(2.3M)(2.4M)
Income Before Tax(1.5M)(7.6M)(5.8M)(2.6M)(2.3M)(2.4M)
Net Income(1.5M)(7.7M)(5.8M)(2.6M)(2.3M)(2.4M)

NeoVolta Warrant Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(559.4K)(108.8K)(576.1K)(342.4K)703.3K738.4K
Change In Cash(1.8M)(883.6K)(95.3K)1.7M(1.0M)(965.5K)
Stock Based Compensation616.7K7.4M5.3M1.5M432.4K410.7K
Free Cash Flow(1.9M)(883.6K)(1.2M)(2.1M)(1.0M)(1.1M)
Change In Working Capital(1.0M)(667.3K)(666.3K)(1.5M)224.6K235.8K
Begin Period Cash Flow3.1M1.3M425.7K330.4K2.0M1.3M
Other Non Cash Items1.6M(29.6K)5.9M490K630K598.5K
Total Cash From Operating Activities(1.9M)(883.6K)(1.2M)(2.1M)(1.0M)(1.1M)
Net Income(1.5M)(7.6M)(5.8M)(2.6M)(2.3M)(2.4M)
End Period Cash Flow1.3M425.7K330.4K2.0M986.4K1.1M

NeoVolta Financial Ratios Relationships

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

NeoVolta Warrant Systematic Risk

NeoVolta Warrant's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NeoVolta Warrant 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on NeoVolta Warrant correlated with the market. If Beta is less than 0 NeoVolta Warrant generally moves in the opposite direction as compared to the market. If NeoVolta Warrant Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NeoVolta Warrant is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NeoVolta Warrant is generally in the same direction as the market. If Beta > 1 NeoVolta Warrant 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 NeoVolta Warrant 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 NeoVolta 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 NeoVolta Warrant's financials are consistent with your investment objective using the following steps:
  • Review NeoVolta Warrant's 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 NeoVolta Warrant's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare NeoVolta Warrant's 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 NeoVolta Warrant's 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.

NeoVolta Warrant Thematic Clasifications

NeoVolta Warrant is part of Electrical Equipment 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 Electrical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Electrical EquipmentView
This theme covers USA Equities from Electrical Equipment 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 NeoVolta Warrant Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NeoVolta Warrant'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 NeoVolta Warrant growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.37

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

NeoVolta Warrant November 28, 2024 Opportunity Range

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

Additional Tools for NeoVolta Stock Analysis

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