Evgo Equity Warrants Stock Return On Asset
| 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.
Return On Assets is likely to drop to -0.06 in 2024. EVgo | Return On Asset |
EVgo Equity Warrants Company Return On Asset Analysis
EVgo Equity's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current EVgo Equity Return On Asset | -0.0972 |
Most of EVgo Equity's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EVgo Equity Warrants is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EVgo Return On Asset 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 Return On Asset. 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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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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EVgo Total Assets
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Based on the latest financial disclosure, EVgo Equity Warrants has a Return On Asset of -0.0972. This is much lower than that of the Commercial Services & Supplies sector and significantly lower than that of the Industrials industry. The return on asset for all United States stocks is notably higher than that of the company.
EVgo Return On Asset 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 Return On Asset 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 return on asset category among its peers.
EVgo Fundamentals
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.0972 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (0.48) % | ||||
| Number Of Shares Shorted | 17.56 K | ||||
| Revenue | 160.95 M | ||||
| EBITDA | (83.46 M) | ||||
| Net Income | (135.47 M) | ||||
| Total Debt | 68 M | ||||
| Book Value Per Share | (3.22) X | ||||
| Cash Flow From Operations | (37.05 M) | ||||
| Number Of Employees | 292 | ||||
| Beta | 2.39 | ||||
| Total Asset | 806.61 M | ||||
| Retained Earnings | (248.55 M) | ||||
| Working Capital | 178.06 M | ||||
| Net Asset | 806.61 M |
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.