AYRO Historical Balance Sheet

AYRO Stock

USD 0.73 0.01 1.35%

Trend analysis of AYRO Inc balance sheet accounts such as Short Long Term Debt Total of 664.5 K, Other Current Liabilities of 1.4 M or Total Current Liabilities of 8.3 M provides information on AYRO's total assets, liabilities, and equity, which is the actual value of AYRO Inc to its prevalent stockholders. By breaking down trends over time using AYRO balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Covid

Financial Statement Analysis is much more than just reviewing and examining AYRO Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AYRO Inc is a good buy for the upcoming year.

AYRO Inventory

2.37 Million

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.

About AYRO Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of AYRO Inc at a specified time, usually calculated after every quarter, six months, or one year. AYRO Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AYRO and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AYRO currently owns. An asset can also be divided into two categories, current and non-current.

AYRO Balance Sheet Chart

At this time, AYRO's Property Plant And Equipment Net is very stable compared to the past year. As of the 4th of December 2024, Non Currrent Assets Other is likely to grow to about 104.8 K, while Short and Long Term Debt Total is likely to drop about 664.5 K.

Total Assets Other Current Liab Total Current Liabilities Non Current Assets Total

Add Fundamental

Total Assets

Total assets refers to the total amount of AYRO assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AYRO Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on AYRO balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AYRO Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most accounts from AYRO's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	1.1M	859.5K	699.5K	664.5K
Total Assets	78.1M	55.0M	52.9M	55.5M

Short Long Term Debt Total Total Assets

AYRO balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Property Plant And Equipment Net	Non Currrent Assets Other	Net Receivables	Other Current Assets	Total Current Assets	Cash	Other Assets	Cash And Short Term Investments	Net Tangible Assets	Inventory
Total Assets		-0.28	-0.4	-0.33	0.86	-0.97	-0.44	0.85	0.95	0.48	0.75	0.06	-0.36	0.78	-0.49	-0.08	0.84	0.0	-0.54	0.71	0.96	0.95	-0.3	0.95	0.95	-0.03
Short Long Term Debt Total	-0.28		0.79	0.84	-0.1	0.38	0.28	-0.29	-0.29	-0.15	-0.13	0.57	0.99	-0.22	0.18	-0.42	-0.29	-0.01	0.28	-0.25	-0.27	-0.24	-0.43	-0.24	-0.27	0.21
Other Current Liab	-0.4	0.79		0.96	-0.2	0.47	0.28	-0.42	-0.41	-0.22	-0.19	0.62	0.85	-0.35	0.44	-0.31	-0.41	0.04	0.47	-0.3	-0.37	-0.36	-0.39	-0.36	-0.38	0.38
Total Current Liabilities	-0.33	0.84	0.96		-0.22	0.45	0.17	-0.29	-0.33	-0.09	-0.15	0.73	0.89	-0.39	0.44	-0.23	-0.31	0.21	0.48	-0.14	-0.35	-0.35	-0.44	-0.36	-0.3	0.36
Total Stockholder Equity	0.86	-0.1	-0.2	-0.22		-0.9	-0.07	0.55	0.75	0.1	0.65	-0.11	-0.17	0.9	-0.42	-0.3	0.58	-0.18	-0.47	0.33	0.91	0.94	-0.34	0.95	0.75	-0.06
Net Debt	-0.97	0.38	0.47	0.45	-0.9		0.31	-0.74	-0.88	-0.33	-0.7	0.13	0.46	-0.85	0.52	0.12	-0.74	0.09	0.57	-0.57	-0.97	-0.98	0.2	-0.98	-0.88	0.06
Retained Earnings	-0.44	0.28	0.28	0.17	-0.07	0.31		-0.58	-0.53	-0.57	-0.61	-0.25	0.28	-0.03	0.05	-0.48	-0.55	-0.21	-0.01	-0.64	-0.34	-0.24	0.06	-0.25	-0.55	-0.3
Non Current Assets Total	0.85	-0.29	-0.42	-0.29	0.55	-0.74	-0.58		0.94	0.78	0.6	0.29	-0.34	0.46	-0.46	0.03	0.98	0.07	-0.59	0.91	0.74	0.68	-0.27	0.69	0.95	-0.18
Common Stock Shares Outstanding	0.95	-0.29	-0.41	-0.33	0.75	-0.88	-0.53	0.94		0.66	0.71	0.18	-0.36	0.64	-0.55	-0.11	0.96	-0.09	-0.63	0.8	0.87	0.84	-0.26	0.86	0.99	-0.08
Non Current Liabilities Total	0.48	-0.15	-0.22	-0.09	0.1	-0.33	-0.57	0.78	0.66		0.27	0.61	-0.17	-0.12	-0.35	0.02	0.8	-0.03	-0.41	0.91	0.31	0.26	-0.23	0.24	0.68	0.16
Other Stockholder Equity	0.75	-0.13	-0.19	-0.15	0.65	-0.7	-0.61	0.6	0.71	0.27		0.08	-0.17	0.61	-0.42	-0.06	0.59	0.09	-0.18	0.48	0.78	0.71	-0.09	0.73	0.71	0.18
Total Liab	0.06	0.57	0.62	0.73	-0.11	0.13	-0.25	0.29	0.18	0.61	0.08		0.6	-0.39	0.12	-0.17	0.29	0.14	0.11	0.5	-0.06	-0.1	-0.51	-0.12	0.23	0.42
Short Term Debt	-0.36	0.99	0.85	0.89	-0.17	0.46	0.28	-0.34	-0.36	-0.17	-0.17	0.6		-0.31	0.27	-0.37	-0.34	0.01	0.34	-0.27	-0.35	-0.33	-0.4	-0.33	-0.34	0.25
Common Stock	0.78	-0.22	-0.35	-0.39	0.9	-0.85	-0.03	0.46	0.64	-0.12	0.61	-0.39	-0.31		-0.45	-0.24	0.46	-0.13	-0.45	0.14	0.85	0.88	-0.19	0.91	0.63	-0.32
Current Deferred Revenue	-0.49	0.18	0.44	0.44	-0.42	0.52	0.05	-0.46	-0.55	-0.35	-0.42	0.12	0.27	-0.45		0.65	-0.54	0.53	0.75	-0.28	-0.46	-0.5	-0.33	-0.5	-0.51	0.35
Accounts Payable	-0.08	-0.42	-0.31	-0.23	-0.3	0.12	-0.48	0.03	-0.11	0.02	-0.06	-0.17	-0.37	-0.24	0.65		-0.08	0.62	0.44	0.17	-0.09	-0.18	-0.06	-0.18	-0.09	0.2
Property Plant And Equipment Net	0.84	-0.29	-0.41	-0.31	0.58	-0.74	-0.55	0.98	0.96	0.8	0.59	0.29	-0.34	0.46	-0.54	-0.08		-0.11	-0.67	0.87	0.72	0.68	-0.24	0.7	0.96	-0.17
Non Currrent Assets Other	0.0	-0.01	0.04	0.21	-0.18	0.09	-0.21	0.07	-0.09	-0.03	0.09	0.14	0.01	-0.13	0.53	0.62	-0.11		0.59	0.22	-0.01	-0.11	-0.25	-0.11	-0.07	0.14
Net Receivables	-0.54	0.28	0.47	0.48	-0.47	0.57	-0.01	-0.59	-0.63	-0.41	-0.18	0.11	0.34	-0.45	0.75	0.44	-0.67	0.59		-0.37	-0.48	-0.53	-0.21	-0.54	-0.59	0.51
Other Current Assets	0.71	-0.25	-0.3	-0.14	0.33	-0.57	-0.64	0.91	0.8	0.91	0.48	0.5	-0.27	0.14	-0.28	0.17	0.87	0.22	-0.37		0.57	0.5	-0.3	0.49	0.83	0.13
Total Current Assets	0.96	-0.27	-0.37	-0.35	0.91	-0.97	-0.34	0.74	0.87	0.31	0.78	-0.06	-0.35	0.85	-0.46	-0.09	0.72	-0.01	-0.48	0.57		0.99	-0.3	0.99	0.87	0.0
Cash	0.95	-0.24	-0.36	-0.35	0.94	-0.98	-0.24	0.68	0.84	0.26	0.71	-0.1	-0.33	0.88	-0.5	-0.18	0.68	-0.11	-0.53	0.5	0.99		-0.28	0.99	0.84	-0.02
Other Assets	-0.3	-0.43	-0.39	-0.44	-0.34	0.2	0.06	-0.27	-0.26	-0.23	-0.09	-0.51	-0.4	-0.19	-0.33	-0.06	-0.24	-0.25	-0.21	-0.3	-0.3	-0.28		-0.29	-0.33	-0.29
Cash And Short Term Investments	0.95	-0.24	-0.36	-0.36	0.95	-0.98	-0.25	0.69	0.86	0.24	0.73	-0.12	-0.33	0.91	-0.5	-0.18	0.7	-0.11	-0.54	0.49	0.99	0.99	-0.29		0.85	-0.08
Net Tangible Assets	0.95	-0.27	-0.38	-0.3	0.75	-0.88	-0.55	0.95	0.99	0.68	0.71	0.23	-0.34	0.63	-0.51	-0.09	0.96	-0.07	-0.59	0.83	0.87	0.84	-0.33	0.85		-0.03
Inventory	-0.03	0.21	0.38	0.36	-0.06	0.06	-0.3	-0.18	-0.08	0.16	0.18	0.42	0.25	-0.32	0.35	0.2	-0.17	0.14	0.51	0.13	0.0	-0.02	-0.29	-0.08	-0.03

Click cells to compare fundamentals

AYRO Account Relationship Matchups

AYRO balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8M	42.0M	78.1M	55.0M	52.9M	55.5M
Short Long Term Debt Total	1.3M	1.1M	1.1M	859.5K	699.5K	664.5K
Other Current Liab	612.1K	418.8K	2.8M	799.2K	1.5M	1.4M
Total Current Liabilities	2.4M	1.6M	3.8M	2.2M	4.3M	8.3M
Total Stockholder Equity	68.9K	39.4M	73.4M	52.1M	25.3M	21.2M
Net Debt	683.2K	(35.4M)	(68.1M)	(38.2M)	(32.7M)	(31.1M)
Retained Earnings	(14.0M)	(25.2M)	(58.2M)	(81.2M)	(115.3M)	(109.6M)
Non Current Assets Total	782.2K	1.9M	2.0M	3.1M	3.9M	4.1M
Common Stock Shares Outstanding	367.6K	1.9M	4.4M	4.6M	4.8M	5.0M
Liabilities And Stockholders Equity	2.8M	42.0M	78.1M	55.0M	52.9M	32.1M
Non Current Liabilities Total	318.0K	1.0M	859.5K	693.8K	23.2M	24.4M
Other Stockholder Equity	5.0M	64.5M	131.7M	133.2M	129.5M	66.3M
Total Liab	2.7M	2.6M	4.7M	2.9M	27.5M	28.9M
Short Term Debt	1.0M	253.8K	412.9K	331.5K	393.4K	373.7K
Common Stock	395.0	2.7K	3.7K	3.7K	492.0	467.4
Accounts Payable	772.1K	767.2K	647.1K	1.1M	2.5M	1.5M
Property Plant And Equipment Net	489.4K	1.7M	1.8M	3.0M	3.8M	4.0M
Non Currrent Assets Other	48.8K	22.5K	41.3K	73.7K	95.5K	104.8K
Net Receivables	71.1K	765.9K	969.4K	510.1K	219K	208.1K
Other Current Assets	164.4K	3.2M	4.6M	3.0M	11.9M	12.5M
Total Current Assets	2.0M	40.1M	76.2M	51.9M	49.0M	28.0M
Cash	641.8K	36.5M	69.2M	39.1M	33.4M	23.1M
Other Assets	397.6K	292.9K	22.5K	41.3K	37.2K	35.3K
Cash And Short Term Investments	641.8K	36.5M	69.2M	48.9M	33.4M	24.3M
Net Tangible Assets	(4.2M)	(9.0M)	39.2M	73.3M	84.3M	88.6M
Inventory	1.1M	1.2M	3.7M	970.4K	3.4M	2.4M
Intangible Assets	659.1K	244.1K	143.8K	88.3K	79.5K	75.5K
Property Plant Equipment	726.0K	489.4K	1.7M	1.8M	2.1M	1.1M
Property Plant And Equipment Gross	489.4K	1.7M	3.1M	4.5M	6.3M	6.6M

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 together with AYRO Stock

0.65

Toyota Motor

Pair Corr

Moving against AYRO Stock

0.7	GM	General Motors	Pair Corr
0.5	TSLA	Tesla Inc Aggressive Push	Pair Corr
0.49	VFS	VinFast Auto Upward Rally	Pair Corr
0.46	GT	Goodyear Tire Rubber	Pair Corr
0.45	XPEV	Xpeng Inc Aggressive Push	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether AYRO Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AYRO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ayro Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ayro Inc Stock:

How To Invest In AYRO

Details

Is AYRO Stock a good investment?

Details

What is AYRO's Net Worth?

Details

Largest Automotive Parts & Equipment Companies

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You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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AYRO Historical Balance Sheet

AYRO Inventory

2.37 Million

About AYRO Balance Sheet Analysis

AYRO Balance Sheet Chart

Total Assets

Total Current Liabilities

Non Current Assets Total

AYRO balance sheet Correlations

AYRO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AYRO balance sheet Accounts

Pair Trading with AYRO

Moving together with AYRO Stock

Moving against AYRO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 0.99	Short Long Term Debt Total
Net Tangible Assets	+ 0.99	Common Stock Shares Outstanding
Cash	+ 0.99	Total Current Assets
Cash And Short Term Investments	+ 0.99	Total Current Assets
Cash And Short Term Investments	+ 0.99	Cash
Property Plant And Equipment Net	+ 0.98	Non Current Assets Total

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Current Assets	- 0.97	Net Debt
Net Debt	- 0.97	Total Assets
Net Debt	- 0.9	Total Stockholder Equity
Net Tangible Assets	- 0.88	Net Debt