Ellomay Net Receivables vs Intangible Assets Analysis
ELLO Stock | USD 15.27 0.50 3.17% |
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 Intangible Assets 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 Intangible Assets
Net Receivables vs Intangible Assets 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 Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ellomay Capital's Net Receivables and Intangible Assets is -0.28. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Intangible Assets 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 Intangible Assets 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 Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Receivables i.e., Ellomay Capital's Net Receivables and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 22nd of May 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 Profit | 12.2M | 13.2M | 9.9M | 9.2M | Total Revenue | 44.8M | 53.4M | 48.6M | 27.1M |
Ellomay Capital fundamental ratios Correlations
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Ellomay Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ellomay Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 310.2M | 460.2M | 551.1M | 576.2M | 608.3M | 638.7M | |
Common Stock Shares Outstanding | 11.1M | 12.3M | 12.8M | 12.9M | 12.9M | 7.3M | |
Short Long Term Debt Total | 180.3M | 298.2M | 376.3M | 407.0M | 443.1M | 465.2M | |
Other Current Liab | 3.0M | 4.7M | 32.8M | 42.6M | 31.4M | 32.9M | |
Total Current Liabilities | 37.7M | 45.2M | 205.2M | 91.2M | 87.9M | 92.3M | |
Total Stockholder Equity | 106.6M | 124.2M | 115.5M | 95.7M | 114.1M | 119.8M | |
Property Plant And Equipment Net | 142.0M | 281.3M | 363.4M | 395.8M | 435.7M | 457.5M | |
Net Debt | 135.8M | 231.3M | 335.1M | 360.6M | 391.5M | 411.1M | |
Retained Earnings | 12.8M | 8.2M | (7.2M) | (7.3M) | (5.0M) | (5.2M) | |
Accounts Payable | 1.8M | 12.4M | 2.9M | 4.5M | 5.2M | 4.6M | |
Cash | 44.5M | 66.8M | 41.2M | 46.5M | 51.5M | 54.1M | |
Non Current Assets Total | 227.1M | 372.1M | 467.3M | 511.5M | 515.2M | 541.0M | |
Non Currrent Assets Other | 44.2M | 50.4M | 52.1M | 58.1M | 9.2M | 12.1M | |
Cash And Short Term Investments | 54.6M | 76.7M | 71.6M | 49.3M | 52.5M | 27.3M | |
Net Receivables | 6.3M | 11.3M | 11.3M | 14.5M | 7.8M | 9.3M | |
Liabilities And Stockholders Equity | 310.2M | 460.2M | 551.1M | 576.2M | 608.3M | 638.7M | |
Non Current Liabilities Total | 164.9M | 290.0M | 232.5M | 401.9M | 396.2M | 416.0M | |
Inventory | 284K | 306K | 640K | 1.2M | 1.2M | 1.1M | |
Other Current Assets | 1.4M | (306K) | 360K | (301K) | 31.6M | 33.2M | |
Other Stockholder Equity | 62.4M | 80.7M | 84.1M | 84.3M | 83.8M | 51.6M | |
Total Liab | 202.6M | 335.1M | 437.7M | 493.1M | 484.1M | 508.3M | |
Property Plant And Equipment Gross | 129.8M | 281.3M | 363.4M | 395.8M | 493.7M | 518.4M | |
Total Current Assets | 83.1M | 88.0M | 83.9M | 64.7M | 93.1M | 49.3M | |
Short Term Debt | 30.9M | 24.9M | 166.7M | 42.3M | 50.3M | 52.8M | |
Common Stock | 22.0M | 25.1M | 25.6M | 25.6M | 25.4M | 15.8M | |
Accumulated Other Comprehensive Income | 9.4M | 10.3M | 13.0M | (6.9M) | 9.9M | 10.4M | |
Intangible Assets | 5.0M | 5.4M | 6.0M | 4.1M | 4.7M | 4.3M | |
Current Deferred Revenue | 2.0M | 3.2M | 2.8M | 1.8M | 1.1M | 997.6K | |
Other Liab | 11.1M | 8.6M | 8.5M | 22.3M | 25.6M | 26.9M | |
Other Assets | 35.8M | 58.7M | 54.0M | 65.1M | 74.8M | 78.6M | |
Long Term Debt | 134.0M | 256.0M | 193.8M | 342.8M | 372.0M | 390.6M | |
Property Plant Equipment | 87.2M | 129.8M | 281.3M | 363.4M | 417.9M | 438.8M | |
Short Term Investments | 10.1M | 9.9M | 30.4M | 2.8M | 989.6K | 940.1K | |
Net Tangible Assets | 73.6M | 101.6M | 119.6M | 110.8M | 127.4M | 105.1M | |
Long Term Investments | 33.6M | 32.2M | 34.0M | 30.0M | 31.8M | 34.1M | |
Short Long Term Debt | 30.9M | 24.9M | 162.4M | 41.5M | 50.0M | 39.0M |
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Try AI Portfolio ArchitectCheck 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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Is Ellomay Capital'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 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.