Exro Technologies Financials
| EXROF Stock | USD 0.54 0.02 3.85% |
With this module, you can analyze Exro financials for your investing period. You should be able to track the changes in Exro Technologies individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Exro |
Understanding current and past Exro Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Exro Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Exro Technologies' assets may result in an increase in income on the income statement.
The data published in Exro Technologies' official financial statements usually reflect Exro Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Exro Technologies. For example, before you start analyzing numbers published by Exro accountants, it's critical to develop an understanding of what Exro Technologies' liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Exro Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Exro Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Exro Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Exro Technologies. Please utilize our Beneish M Score to check the likelihood of Exro Technologies' management manipulating its earnings.
Exro Technologies Stock Summary
Exro Technologies competes with FREYR Battery, NVent Electric, Hubbell, Advanced Energy, and Vertiv Holdings. Exro Technologies Inc. focuses on developing and commercializing patented coil driver technology and proprietary system architecture for power electronics. Exro Technologies Inc. was incorporated in 2014 and is headquartered in Calgary, Canada. Exro Technologies is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| ISIN | CA30222R1091 |
| Business Address | 12-21 Highfield Circle |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Benchmark | NYSE Composite |
| Website | www.exro.com |
| Phone | 604 674 7746 |
| Currency | USD - US Dollar |
You should never invest in Exro Technologies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Exro OTC Stock, because this is throwing your money away. Analyzing the key information contained in Exro Technologies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Exro Technologies Key Financial Ratios
Generally speaking, Exro Technologies' financial ratios allow both analysts and investors to convert raw data from Exro Technologies' financial statements into concise, actionable information that can be used to evaluate the performance of Exro Technologies over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Exro Technologies reports annually and quarterly.Exro Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Exro Technologies's current stock value. Our valuation model uses many indicators to compare Exro Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Exro Technologies competition to find correlations between indicators driving Exro Technologies's intrinsic value. More Info.Exro Technologies is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Exro Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Exro Technologies' OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Exro Technologies' earnings, one of the primary drivers of an investment's value.Exro Technologies Systematic Risk
Exro Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Exro Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Beta measures systematic risk based on how returns on Exro Technologies correlated with the market. If Beta is less than 0 Exro Technologies generally moves in the opposite direction as compared to the market. If Exro Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Exro Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Exro Technologies is generally in the same direction as the market. If Beta > 1 Exro Technologies moves generally in the same direction as, but more than the movement of the benchmark.
About Exro Technologies Financials
What exactly are Exro Technologies Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Exro Technologies' income statement, its balance sheet, and the statement of cash flows. Potential Exro Technologies investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Exro Technologies investors may use each financial statement separately, they are all related. The changes in Exro Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Exro Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Exro Technologies Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Exro Technologies is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Exro has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Exro Technologies' financials are consistent with your investment objective using the following steps:- Review Exro Technologies' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Exro Technologies' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Exro Technologies' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Exro Technologies' stock is overvalued or undervalued.
Exro Technologies April 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Exro Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Exro Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Exro Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Exro OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Exro Technologies's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 27.74 | |||
| Value At Risk | (7.23) | |||
| Potential Upside | 8.2 |
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 otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Exro OTC Stock analysis
When running Exro Technologies' price analysis, check to measure Exro Technologies' 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 Exro Technologies is operating at the current time. Most of Exro Technologies' value examination focuses on studying past and present price action to predict the probability of Exro Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exro Technologies' price. Additionally, you may evaluate how the addition of Exro Technologies to your portfolios can decrease your overall portfolio volatility.
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