Ellomay Net Receivables vs Common Stock Shares Outstanding Analysis

ELLO Stock  USD 14.80  0.03  0.20%   
Ellomay Capital financial indicator trend analysis is much more than just examining Ellomay Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellomay Capital is a good investment. Please check the relationship between Ellomay Capital Net Receivables and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellomay Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellomay Capital Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ellomay Capital's Net Receivables and Common Stock Shares Outstanding is 0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Ellomay Capital, assuming nothing else is changed. The correlation between historical values of Ellomay Capital's Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Ellomay Capital are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Ellomay Capital's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Ellomay Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellomay Capital 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 Ellomay Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.At this time, Ellomay Capital's Selling General Administrative is very stable compared to the past year. As of the 4th of June 2024, Issuance Of Capital Stock is likely to grow to 0.00, while Tax Provision is likely to drop (323.4 K).
 2021 2022 2023 2024 (projected)
Gross Profit12.2M13.2M9.9M9.2M
Total Revenue44.8M53.4M48.6M27.1M

Ellomay Capital fundamental ratios Correlations

0.081.00.860.80.80.990.99-0.050.620.861.00.570.710.580.430.97-0.070.480.590.990.980.770.680.43-0.34
0.080.090.150.25-0.140.070.10.00.210.030.090.350.380.110.160.06-0.01-0.390.180.120.030.310.250.09-0.29
1.00.090.880.790.750.991.0-0.080.60.841.00.550.660.560.360.98-0.060.50.531.00.980.740.670.35-0.42
0.860.150.880.820.50.90.89-0.440.320.570.880.390.440.410.260.840.060.430.440.890.890.50.680.26-0.33
0.80.250.790.820.580.80.8-0.290.310.550.80.520.650.410.320.660.010.230.490.80.770.630.980.34-0.21
0.8-0.140.750.50.580.750.720.230.580.830.780.510.770.510.760.73-0.210.320.830.740.730.780.530.780.16
0.990.070.990.90.80.750.99-0.140.60.80.990.470.620.50.380.97-0.060.540.550.991.00.690.670.37-0.34
0.990.11.00.890.80.720.99-0.10.570.80.990.520.630.550.340.97-0.060.510.511.00.990.70.680.33-0.43
-0.050.0-0.08-0.44-0.290.23-0.14-0.10.170.16-0.070.220.180.190.12-0.02-0.48-0.270.07-0.1-0.160.15-0.220.13-0.1
0.620.210.60.320.310.580.60.570.170.790.60.470.690.40.320.65-0.030.170.430.60.580.630.210.31-0.23
0.860.030.840.570.550.830.80.80.160.790.830.640.850.610.50.85-0.070.340.610.830.780.890.450.5-0.25
1.00.091.00.880.80.780.990.99-0.070.60.830.560.670.580.420.97-0.080.470.591.00.980.730.680.42-0.35
0.570.350.550.390.520.510.470.520.220.470.640.560.760.730.340.540.01-0.340.460.570.410.680.510.38-0.35
0.710.380.660.440.650.770.620.630.180.690.850.670.760.570.640.62-0.05-0.020.730.680.570.950.620.64-0.1
0.580.110.560.410.410.510.50.550.190.40.610.580.730.570.40.59-0.24-0.050.50.580.470.530.350.44-0.28
0.430.160.360.260.320.760.380.340.120.320.50.420.340.640.40.35-0.260.050.970.370.350.620.290.990.53
0.970.060.980.840.660.730.970.97-0.020.650.850.970.540.620.590.35-0.060.510.510.980.960.710.510.34-0.44
-0.07-0.01-0.060.060.01-0.21-0.06-0.06-0.48-0.03-0.07-0.080.01-0.05-0.24-0.26-0.06-0.08-0.25-0.05-0.06-0.01-0.01-0.27-0.11
0.48-0.390.50.430.230.320.540.51-0.270.170.340.47-0.34-0.02-0.050.050.51-0.080.060.470.60.210.12-0.01-0.13
0.590.180.530.440.490.830.550.510.070.430.610.590.460.730.50.970.51-0.250.060.540.510.680.440.970.42
0.990.121.00.890.80.740.991.0-0.10.60.831.00.570.680.580.370.98-0.050.470.540.980.740.680.37-0.41
0.980.030.980.890.770.731.00.99-0.160.580.780.980.410.570.470.350.96-0.060.60.510.980.660.640.34-0.34
0.770.310.740.50.630.780.690.70.150.630.890.730.680.950.530.620.71-0.010.210.680.740.660.580.59-0.19
0.680.250.670.680.980.530.670.68-0.220.210.450.680.510.620.350.290.51-0.010.120.440.680.640.580.31-0.16
0.430.090.350.260.340.780.370.330.130.310.50.420.380.640.440.990.34-0.27-0.010.970.370.340.590.310.56
-0.34-0.29-0.42-0.33-0.210.16-0.34-0.43-0.1-0.23-0.25-0.35-0.35-0.1-0.280.53-0.44-0.11-0.130.42-0.41-0.34-0.19-0.160.56
Click cells to compare fundamentals

Ellomay Capital Account Relationship Matchups

Ellomay Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets310.2M460.2M551.1M576.2M608.3M638.7M
Common Stock Shares Outstanding11.1M12.3M12.8M12.9M12.9M7.3M
Short Long Term Debt Total180.3M298.2M376.3M407.0M443.1M465.2M
Other Current Liab3.0M4.7M32.8M42.6M31.4M32.9M
Total Current Liabilities37.7M45.2M205.2M91.2M87.9M92.3M
Total Stockholder Equity106.6M124.2M115.5M95.7M114.1M119.8M
Property Plant And Equipment Net142.0M281.3M363.4M395.8M435.7M457.5M
Net Debt135.8M231.3M335.1M360.6M391.5M411.1M
Retained Earnings12.8M8.2M(7.2M)(7.3M)(5.0M)(5.2M)
Accounts Payable1.8M12.4M2.9M4.5M5.2M4.6M
Cash44.5M66.8M41.2M46.5M51.5M54.1M
Non Current Assets Total227.1M372.1M467.3M511.5M515.2M541.0M
Non Currrent Assets Other44.2M50.4M52.1M58.1M9.2M12.1M
Cash And Short Term Investments54.6M76.7M71.6M49.3M52.5M27.3M
Net Receivables6.3M11.3M11.3M14.5M7.8M9.3M
Liabilities And Stockholders Equity310.2M460.2M551.1M576.2M608.3M638.7M
Non Current Liabilities Total164.9M290.0M232.5M401.9M396.2M416.0M
Inventory284K306K640K1.2M1.2M1.1M
Other Current Assets1.4M(306K)360K(301K)31.6M33.2M
Other Stockholder Equity62.4M80.7M84.1M84.3M83.8M51.6M
Total Liab202.6M335.1M437.7M493.1M484.1M508.3M
Property Plant And Equipment Gross129.8M281.3M363.4M395.8M493.7M518.4M
Total Current Assets83.1M88.0M83.9M64.7M93.1M49.3M
Short Term Debt30.9M24.9M166.7M42.3M50.3M52.8M
Common Stock22.0M25.1M25.6M25.6M25.4M15.8M
Accumulated Other Comprehensive Income9.4M10.3M13.0M(6.9M)9.9M10.4M
Intangible Assets5.0M5.4M6.0M4.1M4.7M4.3M
Current Deferred Revenue2.0M3.2M2.8M1.8M1.1M997.6K
Other Liab11.1M8.6M8.5M22.3M25.6M26.9M
Other Assets35.8M58.7M54.0M65.1M74.8M78.6M
Long Term Debt134.0M256.0M193.8M342.8M372.0M390.6M
Property Plant Equipment87.2M129.8M281.3M363.4M417.9M438.8M
Short Term Investments10.1M9.9M30.4M2.8M989.6K940.1K
Net Tangible Assets73.6M101.6M119.6M110.8M127.4M105.1M
Long Term Investments33.6M32.2M34.0M30.0M31.8M34.1M
Short Long Term Debt30.9M24.9M162.4M41.5M50.0M39.0M

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Additional Information and Resources on Investing in Ellomay Stock

When determining whether Ellomay Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellomay Capital'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 Ellomay Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellomay Capital Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellomay Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Independent Power and Renewable Electricity Producers 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 Ellomay Capital. If investors know Ellomay 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 Ellomay Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Earnings Share
0.34
Revenue Per Share
3.8
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0002
The market value of Ellomay Capital is measured differently than its book value, which is the value of Ellomay that is recorded on the company's balance sheet. Investors also form their own opinion of Ellomay Capital's value that differs from its market value or its book value, called intrinsic value, which is Ellomay Capital'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 Ellomay Capital's market value can be influenced by many factors that don't directly affect Ellomay Capital'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 Ellomay Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellomay Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellomay Capital'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.