Alternus Energy Group Stock Working Capital
ALT Stock | 0.38 0.02 5.00% |
Alternus Energy Group fundamentals help investors to digest information that contributes to Alternus Energy's financial success or failures. It also enables traders to predict the movement of Alternus Stock. The fundamental analysis module provides a way to measure Alternus Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alternus Energy stock.
Alternus |
Alternus Energy Group Company Working Capital Analysis
Alternus Energy's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition |
In accordance with the company's disclosures, Alternus Energy Group has a Working Capital of 0.0. This is 100.0% lower than that of the Utilities sector and about the same as Utilities-Renewable (which currently averages 0.0) industry. The working capital for all Norway stocks is 100.0% higher than that of the company.
Alternus Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alternus Energy's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alternus Energy could also be used in its relative valuation, which is a method of valuing Alternus Energy by comparing valuation metrics of similar companies.Alternus Energy is currently under evaluation in working capital category among its peers.
Alternus Fundamentals
Return On Equity | -0.2 | |||
Return On Asset | 0.0204 | |||
Profit Margin | (0.21) % | |||
Operating Margin | 0.19 % | |||
Current Valuation | 2.24 B | |||
Shares Outstanding | 26.37 M | |||
Shares Owned By Institutions | 6.03 % | |||
Price To Book | 1.28 X | |||
Price To Sales | 13.50 X | |||
Revenue | 7.45 M | |||
Gross Profit | 15.06 M | |||
EBITDA | 29.33 M | |||
Net Income | 8.66 M | |||
Total Debt | 148.34 M | |||
Book Value Per Share | 1.33 X | |||
Cash Flow From Operations | (8.43 M) | |||
Earnings Per Share | 0.96 X | |||
Target Price | 58.52 | |||
Number Of Employees | 10 | |||
Beta | 0.38 | |||
Market Capitalization | 519.4 M | |||
Total Asset | 214.91 M | |||
Z Score | 1.8 | |||
Net Asset | 214.91 M |
About Alternus Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alternus Energy Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alternus Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alternus Energy Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Alternus Energy Group is a strong investment it is important to analyze Alternus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alternus Energy's future performance. For an informed investment choice regarding Alternus Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alternus Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.