AYRO Short Term Debt vs Net Invested Capital Analysis

AYRO Stock

USD 1.12 0.01 0.90%

AYRO financial indicator trend analysis is way more than just evaluating AYRO Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AYRO Inc is a good investment. Please check the relationship between AYRO Short Term Debt and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AYRO Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Short Term Debt vs Net Invested Capital

Short Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AYRO Inc Short Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AYRO's Short Term Debt and Net Invested Capital is -0.34. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of AYRO Inc, assuming nothing else is changed. The correlation between historical values of AYRO's Short Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of AYRO Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Term Debt i.e., AYRO's Short Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from AYRO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AYRO Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AYRO Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of the 3rd of June 2024, Sales General And Administrative To Revenue is likely to grow to 30.27, while Selling General Administrative is likely to drop about 8.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.3K	23.1M	26.6M	25.2M
Depreciation And Amortization	785.7K	1.1M	1.2M	962.1K

Interest Expense Depreciation And Amortization

AYRO fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Property Plant And Equipment Net	Non Currrent Assets Other	Net Receivables	Other Current Assets	Total Current Assets	Cash	Other Assets	Cash And Short Term Investments	Net Tangible Assets	Inventory
Total Assets		-0.28	-0.39	-0.33	0.86	-0.98	-0.44	0.85	0.95	0.48	0.83	0.06	-0.39	0.78	-0.49	-0.08	0.84	0.0	-0.54	0.44	0.96	0.96	-0.3	0.96	0.95	-0.03
Short Long Term Debt Total	-0.28		0.79	0.84	-0.1	0.38	0.28	-0.29	-0.29	-0.15	-0.17	0.57	0.99	-0.22	0.18	-0.42	-0.29	-0.01	0.28	-0.14	-0.27	-0.25	-0.43	-0.25	-0.27	0.21
Other Current Liab	-0.39	0.79		0.96	-0.19	0.46	0.28	-0.41	-0.4	-0.21	-0.23	0.63	0.85	-0.34	0.43	-0.31	-0.4	0.04	0.46	-0.11	-0.36	-0.35	-0.4	-0.36	-0.37	0.38
Total Current Liabilities	-0.33	0.84	0.96		-0.22	0.44	0.17	-0.29	-0.33	-0.09	-0.14	0.73	0.89	-0.39	0.44	-0.23	-0.31	0.21	0.48	0.04	-0.35	-0.36	-0.44	-0.36	-0.3	0.36
Total Stockholder Equity	0.86	-0.1	-0.19	-0.22		-0.86	-0.07	0.55	0.75	0.1	0.6	-0.11	-0.2	0.9	-0.42	-0.3	0.58	-0.18	-0.47	0.24	0.91	0.92	-0.34	0.93	0.75	-0.06
Net Debt	-0.98	0.38	0.46	0.44	-0.86		0.38	-0.81	-0.92	-0.45	-0.77	0.04	0.49	-0.78	0.54	0.1	-0.81	0.09	0.6	-0.37	-0.96	-0.97	0.22	-0.97	-0.92	0.04
Retained Earnings	-0.44	0.28	0.28	0.17	-0.07	0.38		-0.58	-0.53	-0.57	-0.73	-0.25	0.3	-0.03	0.05	-0.48	-0.55	-0.21	-0.01	-0.32	-0.34	-0.29	0.06	-0.3	-0.55	-0.3
Non Current Assets Total	0.85	-0.29	-0.41	-0.29	0.55	-0.81	-0.58		0.94	0.78	0.8	0.29	-0.37	0.46	-0.46	0.03	0.98	0.07	-0.59	0.4	0.74	0.72	-0.27	0.74	0.95	-0.18
Common Stock Shares Outstanding	0.95	-0.29	-0.4	-0.33	0.75	-0.92	-0.53	0.94		0.66	0.85	0.18	-0.39	0.64	-0.55	-0.11	0.96	-0.09	-0.63	0.31	0.87	0.87	-0.26	0.88	0.99	-0.08
Non Current Liabilities Total	0.48	-0.15	-0.21	-0.09	0.1	-0.45	-0.57	0.78	0.66		0.57	0.61	-0.19	-0.12	-0.35	0.02	0.8	-0.03	-0.41	0.15	0.31	0.33	-0.23	0.32	0.68	0.16
Other Stockholder Equity	0.83	-0.17	-0.23	-0.14	0.6	-0.77	-0.73	0.8	0.85	0.57		0.28	-0.25	0.5	-0.48	-0.06	0.79	0.08	-0.3	0.4	0.75	0.71	-0.14	0.73	0.86	0.15
Total Liab	0.06	0.57	0.63	0.73	-0.11	0.04	-0.25	0.29	0.18	0.61	0.28		0.58	-0.39	0.12	-0.17	0.29	0.14	0.11	0.13	-0.06	-0.05	-0.51	-0.06	0.23	0.42
Short Term Debt	-0.39	0.99	0.85	0.89	-0.2	0.49	0.3	-0.37	-0.39	-0.19	-0.25	0.58		-0.33	0.29	-0.36	-0.37	0.02	0.36	-0.16	-0.38	-0.36	-0.38	-0.37	-0.37	0.25
Common Stock	0.78	-0.22	-0.34	-0.39	0.9	-0.78	-0.03	0.46	0.64	-0.12	0.5	-0.39	-0.33		-0.45	-0.24	0.46	-0.13	-0.45	0.23	0.85	0.83	-0.19	0.87	0.63	-0.32
Current Deferred Revenue	-0.49	0.18	0.43	0.44	-0.42	0.54	0.05	-0.46	-0.55	-0.35	-0.48	0.12	0.29	-0.45		0.65	-0.54	0.53	0.75	0.27	-0.46	-0.51	-0.33	-0.51	-0.51	0.35
Accounts Payable	-0.08	-0.42	-0.31	-0.23	-0.3	0.1	-0.48	0.03	-0.11	0.02	-0.06	-0.17	-0.36	-0.24	0.65		-0.08	0.62	0.44	0.5	-0.09	-0.16	-0.06	-0.16	-0.09	0.2
Property Plant And Equipment Net	0.84	-0.29	-0.4	-0.31	0.58	-0.81	-0.55	0.98	0.96	0.8	0.79	0.29	-0.37	0.46	-0.54	-0.08		-0.11	-0.67	0.24	0.72	0.73	-0.24	0.75	0.96	-0.17
Non Currrent Assets Other	0.0	-0.01	0.04	0.21	-0.18	0.09	-0.21	0.07	-0.09	-0.03	0.08	0.14	0.02	-0.13	0.53	0.62	-0.11		0.59	0.86	-0.01	-0.11	-0.25	-0.11	-0.07	0.14
Net Receivables	-0.54	0.28	0.46	0.48	-0.47	0.6	-0.01	-0.59	-0.63	-0.41	-0.3	0.11	0.36	-0.45	0.75	0.44	-0.67	0.59		0.3	-0.48	-0.55	-0.21	-0.56	-0.59	0.51
Other Current Assets	0.44	-0.14	-0.11	0.04	0.24	-0.37	-0.32	0.4	0.31	0.15	0.4	0.13	-0.16	0.23	0.27	0.5	0.24	0.86	0.3		0.44	0.35	-0.34	0.34	0.33	0.15
Total Current Assets	0.96	-0.27	-0.36	-0.35	0.91	-0.96	-0.34	0.74	0.87	0.31	0.75	-0.06	-0.38	0.85	-0.46	-0.09	0.72	-0.01	-0.48	0.44		0.99	-0.3	0.99	0.87	0.0
Cash	0.96	-0.25	-0.35	-0.36	0.92	-0.97	-0.29	0.72	0.87	0.33	0.71	-0.05	-0.36	0.83	-0.51	-0.16	0.73	-0.11	-0.55	0.35	0.99		-0.29	0.99	0.87	0.01
Other Assets	-0.3	-0.43	-0.4	-0.44	-0.34	0.22	0.06	-0.27	-0.26	-0.23	-0.14	-0.51	-0.38	-0.19	-0.33	-0.06	-0.24	-0.25	-0.21	-0.34	-0.3	-0.29		-0.29	-0.33	-0.29
Cash And Short Term Investments	0.96	-0.25	-0.36	-0.36	0.93	-0.97	-0.3	0.74	0.88	0.32	0.73	-0.06	-0.37	0.87	-0.51	-0.16	0.75	-0.11	-0.56	0.34	0.99	0.99	-0.29		0.88	-0.04
Net Tangible Assets	0.95	-0.27	-0.37	-0.3	0.75	-0.92	-0.55	0.95	0.99	0.68	0.86	0.23	-0.37	0.63	-0.51	-0.09	0.96	-0.07	-0.59	0.33	0.87	0.87	-0.33	0.88		-0.03
Inventory	-0.03	0.21	0.38	0.36	-0.06	0.04	-0.3	-0.18	-0.08	0.16	0.15	0.42	0.25	-0.32	0.35	0.2	-0.17	0.14	0.51	0.15	0.0	0.01	-0.29	-0.04	-0.03

Click cells to compare fundamentals

AYRO Account Relationship Matchups

AYRO fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8M	42.0M	78.1M	55.0M	52.9M	55.5M
Short Long Term Debt Total	1.3M	1.1M	1.1M	859.5K	699.5K	664.5K
Other Current Liab	612.1K	665.1K	3.0M	964.9K	1.7M	1.6M
Total Current Liabilities	2.4M	1.6M	3.8M	2.2M	4.3M	8.3M
Total Stockholder Equity	68.9K	39.4M	73.4M	52.1M	25.3M	21.2M
Net Debt	683.2K	(35.4M)	(68.1M)	(38.2M)	(42.7M)	(40.6M)
Retained Earnings	(14.0M)	(25.2M)	(58.2M)	(81.2M)	(115.3M)	(109.6M)
Non Current Assets Total	782.2K	1.9M	2.0M	3.1M	3.9M	4.1M
Common Stock Shares Outstanding	367.6K	1.9M	4.4M	4.6M	4.8M	5.0M
Liabilities And Stockholders Equity	2.8M	42.0M	78.1M	55.0M	52.9M	32.1M
Non Current Liabilities Total	318.0K	1.0M	859.5K	693.8K	23.2M	24.4M
Other Stockholder Equity	5.0M	64.5M	131.7M	133.2M	140.7M	147.7M
Total Liab	2.7M	2.6M	4.7M	2.9M	27.5M	28.9M
Short Term Debt	1.0M	130.7K	206.4K	165.8K	196.7K	186.8K
Common Stock	395.0	2.7K	3.7K	3.7K	492.0	467.4
Accounts Payable	772.1K	767.2K	647.1K	1.1M	2.5M	1.5M
Property Plant And Equipment Net	489.4K	1.7M	1.8M	3.0M	3.8M	4.0M
Non Currrent Assets Other	48.8K	22.5K	41.3K	73.7K	95.5K	104.8K
Net Receivables	71.1K	765.9K	969.4K	510.1K	219K	208.1K
Other Current Assets	164.4K	1.6M	2.3M	1.5M	1.9M	1.6M
Total Current Assets	2.0M	40.1M	76.2M	51.9M	49.0M	28.0M
Cash	641.8K	36.5M	69.2M	39.1M	43.4M	24.3M
Other Assets	397.6K	292.9K	22.5K	41.3K	37.2K	35.3K
Cash And Short Term Investments	641.8K	36.5M	69.2M	48.9M	43.4M	25.5M
Net Tangible Assets	(4.2M)	(9.0M)	39.2M	73.3M	84.3M	88.6M
Inventory	1.1M	1.2M	3.7M	970.4K	3.4M	2.4M
Intangible Assets	659.1K	244.1K	143.8K	88.3K	79.5K	75.5K
Property Plant Equipment	726.0K	489.4K	1.7M	1.8M	2.1M	1.1M
Property Plant And Equipment Gross	489.4K	1.7M	3.1M	4.5M	6.3M	6.6M

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When determining whether AYRO Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AYRO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ayro Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ayro Inc Stock:

How To Invest In AYRO

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Is AYRO Stock a good investment?

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What is AYRO's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AYRO Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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

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Is AYRO's industry 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 AYRO. If investors know AYRO 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 AYRO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(8.48)

Revenue Per Share

0.092

Quarterly Revenue Growth

(0.48)

Return On Assets

(0.35)

Return On Equity

(0.94)

The market value of AYRO Inc is measured differently than its book value, which is the value of AYRO that is recorded on the company's balance sheet. Investors also form their own opinion of AYRO's value that differs from its market value or its book value, called intrinsic value, which is AYRO'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 AYRO's market value can be influenced by many factors that don't directly affect AYRO'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 AYRO's value and its price as these two are different measures arrived at by different means. Investors typically determine if AYRO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AYRO'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.

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AYRO Short Term Debt vs Net Invested Capital Analysis

Short Term Debt vs Net Invested Capital

Short Term Debt vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Short Term Debt

Net Invested Capital

AYRO fundamental ratios Correlations

AYRO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AYRO fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for AYRO Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 0.99	Short Long Term Debt Total
Net Tangible Assets	+ 0.99	Common Stock Shares Outstanding
Cash	+ 0.99	Total Current Assets
Cash And Short Term Investments	+ 0.99	Total Current Assets
Cash And Short Term Investments	+ 0.99	Cash
Property Plant And Equipment Net	+ 0.98	Non Current Assets Total

Net Debt	- 0.98	Total Assets
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Total Current Assets	- 0.96	Net Debt
Net Tangible Assets	- 0.92	Net Debt
Common Stock Shares Outstanding	- 0.92	Net Debt