AYRO Historical Financial Ratios
| AYRO Stock | USD 0.65 0.15 18.75% |
AYRO is presently reporting on over 100 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 3.8 K, PTB Ratio of 0.31 or Days Sales Outstanding of 168 will help investors to properly organize and evaluate AYRO Inc financial condition quickly.
AYRO |
About AYRO Financial Ratios Analysis
AYRO IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate AYRO investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on AYRO financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across AYRO history.
AYRO Financial Ratios Chart
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Dividend Yield
Dividend Yield is AYRO Inc dividend as a percentage of AYRO stock price. AYRO Inc dividend yield is a measure of AYRO stock productivity, which can be interpreted as interest rate earned on an AYRO investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from AYRO's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into AYRO Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AYRO Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, AYRO's Research And Ddevelopement To Revenue is very stable compared to the past year. As of the 13th of December 2024, Capex To Revenue is likely to grow to 4.60, while Price To Sales Ratio is likely to drop 15.97.
| 2023 | 2024 (projected) | Dividend Yield | 4.0K | 3.8K | Price To Sales Ratio | 16.81 | 15.97 |
AYRO fundamentals Correlations
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AYRO Account Relationship Matchups
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High Negative Relationship
AYRO fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 14.54 | 58.13 | 21.1 | 4.71 | 16.81 | 15.97 | |
| Ptb Ratio | 187.7 | 2.37 | 0.77 | 0.27 | 0.33 | 0.31 | |
| Days Sales Outstanding | 29.17 | 174.27 | 131.85 | 62.26 | 160.22 | 168.23 | |
| Book Value Per Share | 0.19 | 20.53 | 16.7 | 11.24 | 5.32 | 5.05 | |
| Free Cash Flow Yield | (0.36) | (0.11) | (0.48) | (1.45) | (3.38) | (3.21) | |
| Operating Cash Flow Per Share | (11.16) | (5.23) | (6.06) | (4.04) | (5.5) | (5.77) | |
| Stock Based Compensation To Revenue | 3.79 | 1.14 | 2.82 | 0.41 | 1.84 | 1.93 | |
| Capex To Depreciation | 0.7 | 0.93 | 0.82 | 1.72 | 1.76 | 1.51 | |
| Pb Ratio | 187.7 | 2.37 | 0.77 | 0.27 | 0.33 | 0.31 | |
| Ev To Sales | 15.3 | 36.07 | (4.27) | (8.08) | (48.82) | (46.38) | |
| Free Cash Flow Per Share | (12.54) | (5.5) | (6.19) | (4.4) | (5.95) | (6.25) | |
| Roic | (6.22) | (0.27) | (0.45) | (0.88) | (1.08) | (1.14) | |
| Inventory Turnover | 0.62 | 1.51 | 1.28 | 6.23 | 1.5 | 1.8 | |
| Net Income Per Share | (24.04) | (5.91) | (7.54) | (9.9) | (7.17) | (7.53) | |
| Days Of Inventory On Hand | 590.1 | 241.87 | 286.21 | 58.61 | 244.0 | 278.42 | |
| Payables Turnover | 0.9 | 2.31 | 7.38 | 5.46 | 2.09 | 1.99 | |
| Sales General And Administrative To Revenue | 7.5 | 4.12 | 6.4 | 3.85 | 28.83 | 30.27 | |
| Research And Ddevelopement To Revenue | 0.8 | 1.2 | 4.27 | 2.29 | 14.87 | 15.61 | |
| Capex To Revenue | 0.57 | 0.32 | 0.22 | 0.55 | 4.38 | 4.6 | |
| Cash Per Share | 1.75 | 19.06 | 15.73 | 10.57 | 7.02 | 6.67 | |
| Pocfratio | (3.15) | (9.31) | (2.13) | (0.75) | (0.32) | (0.3) | |
| Pfcf Ratio | (2.81) | (8.85) | (2.08) | (0.69) | (0.3) | (0.28) | |
| Days Payables Outstanding | 407.33 | 158.16 | 49.46 | 66.87 | 174.63 | 183.36 | |
| Roe | (128.21) | (0.29) | (0.45) | (0.88) | (1.35) | (1.42) | |
| Ev To Operating Cash Flow | (3.32) | (5.77) | 0.43 | 1.29 | 0.93 | 0.88 | |
| Pe Ratio | (1.46) | (8.23) | (1.71) | (0.31) | (0.25) | (0.23) | |
| Return On Tangible Assets | (3.49) | (0.27) | (0.42) | (0.83) | (0.65) | (0.68) | |
| Ev To Free Cash Flow | (2.96) | (5.49) | 0.42 | 1.19 | 0.86 | 0.82 | |
| Earnings Yield | (0.68) | (0.12) | (0.59) | (3.26) | (4.07) | (3.87) | |
| Net Debt To E B I T D A | (0.0879) | 3.58 | 2.11 | 1.74 | 1.21 | 0.7 | |
| Current Ratio | 0.83 | 25.26 | 19.81 | 23.19 | 11.37 | 6.48 | |
| Tangible Book Value Per Share | (0.48) | 20.45 | 16.68 | 11.24 | 5.32 | 5.05 |
Pair Trading with AYRO
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AYRO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AYRO will appreciate offsetting losses from the drop in the long position's value.Moving against AYRO Stock
| 0.66 | GM | General Motors | PairCorr |
| 0.63 | DORM | Dorman Products | PairCorr |
| 0.61 | WKSP | Worksport | PairCorr |
| 0.51 | GT | Goodyear Tire Rubber | PairCorr |
| 0.46 | WKHS | Workhorse Group | PairCorr |
The ability to find closely correlated positions to AYRO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AYRO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AYRO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AYRO Inc to buy it.
The correlation of AYRO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AYRO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AYRO Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AYRO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AYRO Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AYRO. If investors know AYRO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AYRO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.50) | Revenue Per Share 0.06 | Quarterly Revenue Growth (0.48) | Return On Assets (0.36) | Return On Equity (0.57) |
The market value of AYRO Inc is measured differently than its book value, which is the value of AYRO that is recorded on the company's balance sheet. Investors also form their own opinion of AYRO's value that differs from its market value or its book value, called intrinsic value, which is AYRO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AYRO's market value can be influenced by many factors that don't directly affect AYRO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AYRO's value and its price as these two are different measures arrived at by different means. Investors typically determine if AYRO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AYRO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.