Evgo Equity Warrants Stock Cash And Equivalents

EVGOW Stock  USD 0.68  0.02  2.86%   
EVgo Equity Warrants fundamentals help investors to digest information that contributes to EVgo Equity's financial success or failures. It also enables traders to predict the movement of EVgo Stock. The fundamental analysis module provides a way to measure EVgo Equity'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 EVgo Equity stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

EVgo Equity Warrants Company Cash And Equivalents Analysis

EVgo Equity's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

EVgo Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for EVgo Equity is extremely important. It helps to project a fair market value of EVgo Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since EVgo Equity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EVgo Equity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EVgo Equity's interrelated accounts and indicators.
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Click cells to compare fundamentals
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, EVgo Equity Warrants has 0.0 in Cash And Equivalents. This indicator is about the same for the Commercial Services & Supplies average (which is currently at 0.0) sector and about the same as Industrials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

EVgo Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EVgo Equity's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EVgo Equity could also be used in its relative valuation, which is a method of valuing EVgo Equity by comparing valuation metrics of similar companies.
EVgo Equity is currently under evaluation in cash and equivalents category among its peers.

EVgo Fundamentals

About EVgo Equity Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EVgo Equity Warrants's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EVgo Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EVgo Equity Warrants 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EVgo Stock Analysis

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