Electra Non Current Liabilities Total vs Non Current Assets Total Analysis

ELBM Stock  USD 0.50  0.03  6.38%   
Electra Battery financial indicator trend analysis is much more than just examining Electra Battery Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electra Battery Materials is a good investment. Please check the relationship between Electra Battery Non Current Liabilities Total and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electra Battery Materials Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Electra Battery's Non Current Liabilities Total and Non Current Assets Total is 0.38. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Electra Battery Materials, assuming nothing else is changed. The correlation between historical values of Electra Battery's Non Current Liabilities Total and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Electra Battery Materials are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., Electra Battery's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

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 indicators from Electra Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electra Battery Materials 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 Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of the 30th of November 2024, Issuance Of Capital Stock is likely to grow to about 28.3 M, while Selling General Administrative is likely to drop about 4.9 M.

Electra Battery fundamental ratios Correlations

0.610.550.960.980.04-0.660.520.980.520.80.780.380.470.630.580.930.60.480.090.580.810.830.39-0.050.56
0.610.880.470.640.68-0.740.110.640.110.760.890.280.630.820.180.640.950.5-0.110.880.590.460.0-0.240.45
0.550.880.410.580.5-0.550.070.580.080.870.690.240.630.670.150.550.980.24-0.080.640.420.370.02-0.130.51
0.960.470.410.96-0.05-0.490.410.960.410.720.640.170.390.420.470.830.440.290.170.410.770.790.230.090.56
0.980.640.580.960.15-0.630.351.00.350.830.770.240.490.570.420.910.620.380.040.560.780.80.230.030.65
0.040.680.5-0.050.15-0.48-0.540.15-0.530.240.5-0.130.380.42-0.490.180.560.22-0.430.610.170.01-0.45-0.190.28
-0.66-0.74-0.55-0.49-0.63-0.48-0.38-0.64-0.39-0.49-0.94-0.55-0.6-0.89-0.45-0.85-0.67-0.810.23-0.88-0.74-0.64-0.410.66-0.09
0.520.110.070.410.35-0.54-0.380.351.00.250.380.790.00.520.990.470.150.640.290.330.450.460.88-0.31-0.16
0.980.640.580.961.00.15-0.640.350.350.830.770.250.50.580.420.910.620.380.040.560.790.80.230.020.65
0.520.110.080.410.35-0.53-0.391.00.350.250.380.80.00.530.990.470.160.650.280.340.450.460.88-0.31-0.16
0.80.760.870.720.830.24-0.490.250.830.250.680.270.490.610.320.70.860.240.070.570.60.610.170.140.75
0.780.890.690.640.770.5-0.940.380.770.380.680.470.610.910.450.870.810.74-0.10.930.80.690.29-0.460.29
0.380.280.240.170.24-0.13-0.550.790.250.80.270.470.040.750.790.440.350.83-0.20.540.280.240.9-0.38-0.06
0.470.630.630.390.490.38-0.60.00.50.00.490.610.040.440.120.610.60.18-0.070.430.490.49-0.04-0.430.15
0.630.820.670.420.570.42-0.890.520.580.530.610.910.750.440.570.730.80.88-0.20.940.620.50.53-0.470.2
0.580.180.150.470.42-0.49-0.450.990.420.990.320.450.790.120.570.540.220.660.270.380.510.520.87-0.34-0.12
0.930.640.550.830.910.18-0.850.470.910.470.70.870.440.610.730.540.620.6-0.050.670.830.850.42-0.350.38
0.60.950.980.440.620.56-0.670.150.620.160.860.810.350.60.80.220.620.41-0.110.780.510.430.1-0.180.51
0.480.50.240.290.380.22-0.810.640.380.650.240.740.830.180.880.660.60.41-0.20.820.550.420.69-0.53-0.06
0.09-0.11-0.080.170.04-0.430.230.290.040.280.07-0.1-0.2-0.07-0.20.27-0.05-0.11-0.2-0.110.370.44-0.070.11-0.09
0.580.880.640.410.560.61-0.880.330.560.340.570.930.540.430.940.380.670.780.82-0.110.680.520.28-0.420.25
0.810.590.420.770.780.17-0.740.450.790.450.60.80.280.490.620.510.830.510.550.370.680.950.27-0.330.24
0.830.460.370.790.80.01-0.640.460.80.460.610.690.240.490.50.520.850.430.420.440.520.950.3-0.250.31
0.390.00.020.230.23-0.45-0.410.880.230.880.170.290.9-0.040.530.870.420.10.69-0.070.280.270.3-0.33-0.16
-0.05-0.24-0.130.090.03-0.190.66-0.310.02-0.310.14-0.46-0.38-0.43-0.47-0.34-0.35-0.18-0.530.11-0.42-0.33-0.25-0.330.65
0.560.450.510.560.650.28-0.09-0.160.65-0.160.750.29-0.060.150.2-0.120.380.51-0.06-0.090.250.240.31-0.160.65
Click cells to compare fundamentals

Electra Battery Account Relationship Matchups

Electra Battery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets98.3M103.7M167.6M187.5M148.7M97.6M
Other Current Liab135.0K1.9M1.2M9.6M7.2M7.6M
Total Current Liabilities286.6K2.8M4.7M54.1M16.0M16.8M
Total Stockholder Equity88.6M92.2M100.0M126.5M83.3M76.8M
Property Plant And Equipment Net92.3M92.3M104.7M173.1M136.9M83.8M
Net Debt1.9M2.5M(35.3M)21.7M37.0M38.9M
Retained Earnings(156.0M)(158.4M)(193.3M)(180.8M)(245.4M)(233.2M)
Cash4.4M4.2M58.6M8.0M7.6M11.1M
Non Current Assets Total93.2M93.2M105.7M174.0M138.1M84.3M
Cash And Short Term Investments4.4M4.2M60.4M8.4M8.2M11.4M
Net Receivables263.1K221K957K3.1M1.1M781.6K
Common Stock Shares Outstanding20.1M21.8M27.8M40.8M43.4M45.6M
Liabilities And Stockholders Equity98.3M103.7M167.6M187.5M148.7M97.6M
Other Current Assets432.4K6.3M584K5.1M2.4M1.8M
Total Liab9.8M11.5M67.6M61.0M65.4M68.7M
Total Current Assets5.1M10.5M61.9M13.5M10.6M13.3M
Accumulated Other Comprehensive Income14.2M15.9M17.1M18.4M24.0M25.2M
Common Stock230.4M234.6M276.2M288.9M304.7M157.6M
Accounts Payable151.6K981K3.5M18.9M8.8M9.2M
Non Current Liabilities Total9.5M8.7M62.9M6.9M48.6M51.0M
Other Stockholder Equity12.5M14.2M15.9M17.1M18.4M0.0
Other Liab3.2M2.0M39.7M2.9M3.3M3.2M
Net Tangible Assets88.6M92.2M100.0M126.5M113.9M99.1M
Property Plant Equipment92.3M92.3M98.1M170.0M153.0M101.6M
Other Assets918.7K919K7.6M4.0M4.6M3.1M
Net Invested Capital106.9M98.8M123.3M155.9M127.7M108.1M
Capital Stock230.4M234.6M276.2M288.9M304.7M286.1M
Net Working Capital4.8M7.6M57.2M(40.6M)(5.4M)(5.1M)

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When determining whether Electra Battery Materials is a strong investment it is important to analyze Electra Battery's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electra Battery's future performance. For an informed investment choice regarding Electra Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.00)
Return On Assets
(0.04)
Return On Equity
(0.78)
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery'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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery'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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery'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.