Exro Ebitda vs Research Development Analysis

EXRO Stock

0.12 0.01 7.69%

Exro Technologies financial indicator trend analysis is much more than just examining Exro Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exro Technologies is a good investment. Please check the relationship between Exro Technologies Ebitda and its Research Development accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exro Technologies. 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.

Ebitda vs Research Development

Ebitda vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exro Technologies Ebitda account and Research Development. At this time, the significance of the direction appears to have pay attention.

The correlation between Exro Technologies' Ebitda and Research Development is -0.95. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Research Development in the same time period over historical financial statements of Exro Technologies, assuming nothing else is changed. The correlation between historical values of Exro Technologies' Ebitda and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Exro Technologies are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Ebitda i.e., Exro Technologies' Ebitda and Research Development go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Ebitda

Research Development

Most indicators from Exro Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exro Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exro Technologies. 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.

At this time, Exro Technologies' Selling General Administrative is very stable compared to the past year. As of the 19th of January 2025, Sales General And Administrative To Revenue is likely to grow to 7.09, while Enterprise Value Over EBITDA is likely to drop (6.20).

	2022	2023	2024	2025 (projected)
Cost Of Revenue	1.9M	26.9M	31.0M	32.5M
Research Development	8.8M	12.8M	14.8M	15.5M

Cost Of Revenue Research Development

Exro Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Non Current Liabilities Total	Inventory	Current Deferred Revenue	Cash And Equivalents	Net Tangible Assets	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.89	0.85	0.91	0.96	0.02	-0.92	0.89	0.59	0.59	0.97	0.8	0.95	0.9	0.77	0.81	0.96	0.79	0.89	0.81	0.07	0.72	0.98	0.91	0.92	-0.08
Short Long Term Debt Total	0.89		0.69	0.99	0.72	0.45	-0.96	0.98	0.19	0.19	0.94	0.77	0.98	1.0	0.42	0.95	0.94	0.91	1.0	0.93	-0.11	0.35	0.77	0.99	0.98	0.15
Other Current Liab	0.85	0.69		0.7	0.86	0.01	-0.73	0.7	0.47	0.47	0.83	0.92	0.79	0.7	0.61	0.63	0.78	0.57	0.69	0.58	0.13	0.56	0.85	0.77	0.82	-0.54
Total Current Liabilities	0.91	0.99	0.7		0.75	0.41	-0.97	1.0	0.23	0.23	0.95	0.79	0.98	0.99	0.47	0.96	0.97	0.94	0.99	0.96	-0.2	0.41	0.81	0.99	0.97	0.12
Total Stockholder Equity	0.96	0.72	0.86	0.75		-0.26	-0.79	0.73	0.78	0.78	0.88	0.73	0.82	0.74	0.9	0.62	0.86	0.62	0.72	0.64	0.2	0.86	1.0	0.76	0.78	-0.22
Net Debt	0.02	0.45	0.01	0.41	-0.26		-0.35	0.44	-0.79	-0.79	0.21	0.31	0.33	0.43	-0.6	0.51	0.22	0.48	0.45	0.48	-0.44	-0.66	-0.18	0.42	0.4	0.23
Retained Earnings	-0.92	-0.96	-0.73	-0.97	-0.79	-0.35		-0.97	-0.27	-0.27	-0.96	-0.81	-0.98	-0.97	-0.52	-0.91	-0.97	-0.91	-0.96	-0.93	0.1	-0.46	-0.83	-0.98	-0.96	-0.06
Accounts Payable	0.89	0.98	0.7	1.0	0.73	0.44	-0.97		0.18	0.18	0.95	0.81	0.98	0.99	0.42	0.96	0.97	0.96	0.98	0.97	-0.24	0.37	0.79	0.99	0.97	0.1
Cash	0.59	0.19	0.47	0.23	0.78	-0.79	-0.27	0.18		1.0	0.4	0.19	0.3	0.21	0.95	0.08	0.4	0.09	0.19	0.1	0.42	0.96	0.73	0.21	0.23	-0.15
Cash And Short Term Investments	0.59	0.19	0.47	0.23	0.78	-0.79	-0.27	0.18	1.0		0.4	0.19	0.3	0.21	0.95	0.08	0.4	0.09	0.19	0.1	0.42	0.96	0.73	0.21	0.23	-0.15
Common Stock Shares Outstanding	0.97	0.94	0.83	0.95	0.88	0.21	-0.96	0.95	0.4	0.4		0.85	0.98	0.95	0.61	0.85	0.99	0.88	0.94	0.9	-0.01	0.56	0.9	0.97	0.96	-0.05
Other Current Assets	0.8	0.77	0.92	0.79	0.73	0.31	-0.81	0.81	0.19	0.19	0.85		0.84	0.78	0.38	0.74	0.81	0.69	0.77	0.71	-0.04	0.32	0.75	0.85	0.88	-0.49
Other Stockholder Equity	0.95	0.98	0.79	0.98	0.82	0.33	-0.98	0.98	0.3	0.3	0.98	0.84		0.99	0.53	0.92	0.98	0.89	0.98	0.92	-0.04	0.47	0.86	0.99	0.99	0.01
Total Liab	0.9	1.0	0.7	0.99	0.74	0.43	-0.97	0.99	0.21	0.21	0.95	0.78	0.99		0.44	0.95	0.96	0.92	1.0	0.95	-0.13	0.38	0.79	0.99	0.98	0.14
Total Current Assets	0.77	0.42	0.61	0.47	0.9	-0.6	-0.52	0.42	0.95	0.95	0.61	0.38	0.53	0.44		0.32	0.62	0.34	0.43	0.35	0.3	0.99	0.87	0.45	0.46	-0.11
Short Term Debt	0.81	0.95	0.63	0.96	0.62	0.51	-0.91	0.96	0.08	0.08	0.85	0.74	0.92	0.95	0.32		0.88	0.89	0.95	0.91	-0.31	0.26	0.69	0.94	0.92	0.14
Common Stock	0.96	0.94	0.78	0.97	0.86	0.22	-0.97	0.97	0.4	0.4	0.99	0.81	0.98	0.96	0.62	0.88		0.91	0.94	0.93	-0.09	0.57	0.9	0.97	0.96	0.02
Net Receivables	0.79	0.91	0.57	0.94	0.62	0.48	-0.91	0.96	0.09	0.09	0.88	0.69	0.89	0.92	0.34	0.89	0.91		0.91	1.0	-0.41	0.3	0.68	0.92	0.87	0.24
Non Current Liabilities Total	0.89	1.0	0.69	0.99	0.72	0.45	-0.96	0.98	0.19	0.19	0.94	0.77	0.98	1.0	0.43	0.95	0.94	0.91		0.93	-0.1	0.36	0.78	0.99	0.98	0.15
Inventory	0.81	0.93	0.58	0.96	0.64	0.48	-0.93	0.97	0.1	0.1	0.9	0.71	0.92	0.95	0.35	0.91	0.93	1.0	0.93		-0.36	0.31	0.7	0.94	0.9	0.24
Current Deferred Revenue	0.07	-0.11	0.13	-0.2	0.2	-0.44	0.1	-0.24	0.42	0.42	-0.01	-0.04	-0.04	-0.13	0.3	-0.31	-0.09	-0.41	-0.1	-0.36		0.26	0.12	-0.13	-0.06	-0.25
Cash And Equivalents	0.72	0.35	0.56	0.41	0.86	-0.66	-0.46	0.37	0.96	0.96	0.56	0.32	0.47	0.38	0.99	0.26	0.57	0.3	0.36	0.31	0.26		0.83	0.38	0.39	-0.1
Net Tangible Assets	0.98	0.77	0.85	0.81	1.0	-0.18	-0.83	0.79	0.73	0.73	0.9	0.75	0.86	0.79	0.87	0.69	0.9	0.68	0.78	0.7	0.12	0.83		0.81	0.83	-0.17
Property Plant And Equipment Net	0.91	0.99	0.77	0.99	0.76	0.42	-0.98	0.99	0.21	0.21	0.97	0.85	0.99	0.99	0.45	0.94	0.97	0.92	0.99	0.94	-0.13	0.38	0.81		0.99	0.03
Non Current Assets Total	0.92	0.98	0.82	0.97	0.78	0.4	-0.96	0.97	0.23	0.23	0.96	0.88	0.99	0.98	0.46	0.92	0.96	0.87	0.98	0.9	-0.06	0.39	0.83	0.99		-0.06
Non Currrent Assets Other	-0.08	0.15	-0.54	0.12	-0.22	0.23	-0.06	0.1	-0.15	-0.15	-0.05	-0.49	0.01	0.14	-0.11	0.14	0.02	0.24	0.15	0.24	-0.25	-0.1	-0.17	0.03	-0.06

Click cells to compare fundamentals

Exro Technologies Account Relationship Matchups

Exro Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	50.2M	46.0M	60.9M	60.1M	69.2M	72.6M
Short Long Term Debt Total	388.1K	5.2M	18.8M	18.9M	21.7M	22.8M
Other Current Liab	126.7K	1.0M	3.0M	1.6M	1.8M	1.9M
Total Current Liabilities	1.9M	3.7M	8.0M	10.2M	11.7M	12.3M
Total Stockholder Equity	48.0M	37.8M	35.4M	32.6M	37.5M	39.3M
Net Debt	(47.9M)	(10.2M)	1.4M	12.7M	11.4M	12.0M
Retained Earnings	(36.2M)	(60.8M)	(100.8M)	(151.5M)	(136.3M)	(129.5M)
Accounts Payable	752.7K	3.0M	5.5M	8.6M	9.9M	10.4M
Cash	48.3M	15.3M	17.4M	6.2M	7.2M	10.0M
Cash And Short Term Investments	48.3M	15.3M	17.4M	6.2M	7.2M	10.0M
Common Stock Shares Outstanding	90.3M	120.1M	137.7M	161.7M	186.0M	195.3M
Liabilities And Stockholders Equity	50.2M	46.0M	60.9M	60.1M	69.2M	72.6M
Other Current Assets	840.0	2.2M	887.9K	1.3M	1.6M	1.6M
Other Stockholder Equity	6.2M	15.8M	27.3M	28.8M	33.1M	34.7M
Total Liab	2.2M	8.2M	25.5M	27.6M	31.7M	33.3M
Total Current Assets	48.8M	17.8M	21.5M	18.5M	21.3M	12.2M
Accumulated Other Comprehensive Income	6.2M	(30.1K)	(559.1K)	912.1K	1.0M	1.1M
Short Term Debt	112.2K	620.9K	1.3M	1.6M	1.8M	1.9M
Common Stock	78.0M	82.8M	109.5M	154.4M	177.5M	186.4M
Net Receivables	159.3K	135.1K	965.1K	4.2M	4.9M	5.1M
Non Current Liabilities Total	275.9K	4.6M	17.5M	17.4M	20.0M	21.0M
Cash And Equivalents	751.9K	51.8K	48.3M	15.3M	17.7M	12.1M
Net Tangible Assets	826.6K	510.9K	48.0M	37.8M	43.4M	45.6M
Property Plant And Equipment Net	1.3M	15.5M	26.2M	32.1M	36.9M	38.7M
Non Current Assets Total	1.4M	28.2M	39.4M	41.7M	47.9M	50.3M
Non Currrent Assets Other	17.3K	7.5K	(28.2M)	2.4M	2.2M	2.3M
Other Assets	17.3K	7.5K	0.0	(2K)	(1.8K)	(1.7K)
Net Invested Capital	574.0K	48.0M	37.8M	47.0M	54.0M	56.7M
Net Working Capital	365.2K	46.9M	14.2M	13.5M	15.5M	14.2M
Property Plant Equipment	105.5K	130.6K	1.3M	15.5M	17.8M	18.7M
Long Term Investments	942.0	0.0	12.7M	10.8M	12.4M	13.0M
Capital Stock	24.0M	78.0M	82.8M	109.5M	126.0M	69.3M

Pair Trading with Exro Technologies

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 Exro Technologies 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 Exro Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Exro Stock

0.63	AST	Astron Connect	Pair Corr
0.62	TSAT	Telesat Corp	Pair Corr
0.49	AAPL	Apple Inc CDR	Pair Corr
0.43	DBO	D Box Technologies	Pair Corr
0.42	WMT	Walmart Inc CDR	Pair Corr

The ability to find closely correlated positions to Exro Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exro Technologies 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 Exro Technologies - 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 Exro Technologies to buy it.

The correlation of Exro Technologies 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 Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro Technologies 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 Exro Technologies 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

Other Information on Investing in Exro Stock

Balance Sheet is a snapshot of the financial position of Exro Technologies at a specified time, usually calculated after every quarter, six months, or one year. Exro Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Exro Technologies 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 Exro currently owns. An asset can also be divided into two categories, current and non-current.

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Exro Ebitda vs Research Development Analysis

Ebitda vs Research Development

Ebitda vs Research Development Correlation Analysis

Correlation Coefficient

Ebitda

Research Development

Exro Technologies fundamental ratios Correlations

Exro Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Exro Technologies fundamental ratios Accounts

Pair Trading with Exro Technologies

Moving against Exro Stock

Other Information on Investing in Exro Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Total Liab

Property Plant And Equipment Net	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock	- 0.97	Retained Earnings
Total Liab	- 0.97	Retained Earnings
Accounts Payable	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities