Eco Wave Financials

WAVE Stock  USD 7.28  0.31  4.08%   
Based on the measurements of operating efficiency obtained from Eco Wave's historical financial statements, Eco Wave Power is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. At present, Eco Wave's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 55.8 K, whereas Other Current Liabilities is forecasted to decline to about 920.5 K. Key indicators impacting Eco Wave's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio4.014.2184
Notably Down
Very volatile
Investors should never underestimate Eco Wave'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 Eco Wave's cash flow, debt, and profitability to make informed and accurate decisions about investing in Eco Wave Power.

Net Income

(2.18 Million)

  
Understanding current and past Eco Wave Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eco Wave's financial statements are interrelated, with each one affecting the others. For example, an increase in Eco Wave's assets may result in an increase in income on the income statement.
Please note, the presentation of Eco Wave's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eco Wave's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Eco Wave's management manipulating its earnings.

Eco Wave Stock Summary

Eco Wave competes with Verde Clean, Smart Powerr, Ormat Technologies, Tokyo Electric, and Renew Energy. Eco Wave Power Global AB , a wave energy company, engages in the development of a wave energy conversion technology that converts ocean and sea waves into clean electricity. Eco Wave Power Global AB was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel. Eco Wave is traded on NASDAQ Exchange in the United States.
Foreign Associate
  Thailand
Specialization
Information Technology, Utilities - Renewable
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS27900N1037
CUSIP27900N103
LocationSweden
Business Address52 Derech Menachem
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.ecowavepower.com
Phone972 3 509 4017
CurrencyUSD - US Dollar

Eco Wave Key Financial Ratios

Eco Wave Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets12.7M16.6M11.9M10.0M10.7M10.1M
Other Current Liab446K510K733K957K969K920.6K
Accounts Payable43K46K75K50K70K66.5K
Cash10.7M14.6M5.3M4.3M7.8M7.5M
Long Term Debt9.8M1.0M96K78K47K44.7K
Other Current Assets285K459K5.2M139.0K278K264.1K
Total Liab1.9M1.9M2.0M2.2M2.4M2.3M
Common Stock2K75.3K85.8K98K102K76.4K
Inventory(1.6M)(3.5M)60.0K59K53.1K55.8K
Net Tangible Assets11.3M10.8M14.7M9.9M11.4M8.2M
Net Debt(9.3M)(13.3M)(4.1M)(3.1M)(6.5M)(6.8M)
Retained Earnings(6.5M)(8.4M)(11.3M)(13.0M)(15.1M)(14.3M)
Net Receivables97.4K60K9K234K68K64.6K
Net Invested Capital98.2M16.0M10.9M9.1M9.6M9.1M
Total Current Assets11.0M15.1M10.5M8.8M9.4M9.3M
Net Working Capital85.4M14.2M8.7M6.6M7.2M6.8M
Short Term Debt96K347K1.1M1.1M1.2M715.5K

Eco Wave Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense61.1K53K48K45K51K29.4K
Total Revenue30.7K31K26K306K168K159.6K
Gross Profit(403.0K)0.04K247K126K119.7K
Research Development410.2K670K898K519K536K509.2K
Cost Of Revenue0.027K22K59K42K39.9K
Income Tax Expense975.2451K(763K)(137.3K)(123.5K)(117.4K)
Net Interest Income(1.4M)(69K)(57K)350K373K391.7K
Operating Income(2.0M)(3.1M)(3.6M)(2.4M)(2.3M)(2.5M)
Ebit(1.8M)(3.2M)(2.8M)(1.8M)(2.1M)(2.2M)
Ebitda(1.8M)(2.9M)(2.6M)(1.6M)(1.9M)(2.0M)
Income Before Tax(2.2M)(2.3M)(2.9M)(1.9M)(2.1M)(2.2M)
Net Income(2.2M)(2.4M)(2.1M)(1.7M)(2.1M)(2.2M)
Minority Interest(145K)824.680.0156K31K29.5K

Eco Wave Key Cash Accounts

202020212022202320242025 (projected)
Capital Expenditures198.2K13K3K6.0K33K31.4K
End Period Cash Flow10.7M14.6M5.3M4.3M7.8M7.0M
Investments48K(117K)(5.3M)1.2M2.9M3.1M
Change In Cash(2.6M)3.9M(9.3M)(1.0M)3.6M3.7M
Net Borrowings1K(96K)(103K)(320K)(288K)(273.6K)
Free Cash Flow(2.6M)(2.5M)(2.5M)(2.6M)(1.9M)(1.9M)
Depreciation138.6K248K209K170K134K156.8K
Other Non Cash Items60.6K(275K)179K(340.0K)(4K)(4.2K)
Net Income(2.2M)(2.3M)(2.9M)(1.9M)(2.1M)(2.2M)
Change To Netincome90K43K(275K)179K205.9K216.1K

Eco Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eco Wave's current stock value. Our valuation model uses many indicators to compare Eco Wave value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eco Wave competition to find correlations between indicators driving Eco Wave's intrinsic value. More Info.
Eco Wave Power is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At present, Eco Wave's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eco Wave 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.

Eco Wave Power Systematic Risk

Eco Wave's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eco Wave 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 Eco Wave Power correlated with the market. If Beta is less than 0 Eco Wave generally moves in the opposite direction as compared to the market. If Eco Wave Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eco Wave Power is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eco Wave is generally in the same direction as the market. If Beta > 1 Eco Wave moves generally in the same direction as, but more than the movement of the benchmark.

About Eco Wave Financials

What exactly are Eco Wave Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Eco Wave's income statement, its balance sheet, and the statement of cash flows. Potential Eco Wave investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Eco Wave investors may use each financial statement separately, they are all related. The changes in Eco Wave's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eco Wave's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Eco Wave Thematic Clasifications

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

Price Earnings To Growth Ratio

(0.18)

At present, Eco Wave's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Eco Wave March 20, 2025 Opportunity Range

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

Complementary Tools for Eco Stock analysis

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