Electric Historical Balance Sheet
| ELCR Stock | USD 16.01 16.01 16,009,900% |
Trend analysis of Electric Car balance sheet accounts such as Inventory of 226.8 K or Total Liab of 2.7 M provides information on Electric Car's total assets, liabilities, and equity, which is the actual value of Electric Car to its prevalent stockholders. By breaking down trends over time using Electric Car 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.
Financial Statement Analysis is much more than just reviewing and examining Electric Car 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 Electric Car is a good buy for the upcoming year.
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About Electric Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Electric Car at a specified time, usually calculated after every quarter, six months, or one year. Electric Car Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Electric Car 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 Electric currently owns. An asset can also be divided into two categories, current and non-current.
Electric Car Balance Sheet Chart
Total Assets
Total assets refers to the total amount of Electric Car 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 Electric Car 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 Electric Car balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Electric Car 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from Electric Car's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Electric Car 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electric Car. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Electric Stock, please use our How to Invest in Electric Car guide.At this time, Electric Car's Intangible Assets are relatively stable compared to the past year. As of 12/30/2024, Common Stock is likely to grow to about 138.5 K, though Net Tangible Assets are likely to grow to (1 M).
| 2010 | 2011 | 2023 | 2024 (projected) | Total Current Liabilities | 47.7K | 2.2M | 2.6M | 2.7M | Total Assets | 57.8K | 1.2M | 1.4M | 1.4M |
Electric Car balance sheet Correlations
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Electric Car Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Electric Car
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 Electric Car 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 Electric Car will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Electric Car could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electric Car 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 Electric Car - 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 Electric Car to buy it.
The correlation of Electric Car 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 Electric Car moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electric Car 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 Electric Car 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.Additional Tools for Electric Stock Analysis
When running Electric Car's price analysis, check to measure Electric Car'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 Electric Car is operating at the current time. Most of Electric Car's value examination focuses on studying past and present price action to predict the probability of Electric Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Car's price. Additionally, you may evaluate how the addition of Electric Car to your portfolios can decrease your overall portfolio volatility.