Asset Breakdown
Assets Non Current
18.6 M
Current Assets
| Total Assets | 20.55 Million | |
| Current Assets | 18.65 Million | |
| Assets Non Current | 1.53 Million |
Will Energous Corp (NASDAQ:WATT) debt increase in March
 | By Raphi Shpitalnik | Macroaxis Story |
Energous Corp is scheduled to announce its earnings this week. The upcoming quarterly report is expected on the 25th of February 2021. The stock is currently undergoing an active upward rally. Energous Corp Current Ratio is comparatively stable at the moment as compared to the past year. Energous Corp reported Current Ratio of 4.47 in 2020. Sales per Share is likely to gain to 0.007806 in 2021, whereas Earnings before Tax are likely to drop (34.2 M) in 2021. While some of us are becoming more enthusiastic about technology space, let's review Energous Corp in greater detail to make a better estimate of its debt utilization.
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Michael Smolkin
Energous Corp currently holds 1.61 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. This firm has a current ratio of 6.31, suggesting that it is liquid enough and is able to pay its financial obligations when due. Energous financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Energous, including all of Energous's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Energous assets, the company is considered highly leveraged. Understanding the composition and structure of overall Energous debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Watch out for price decline
Please consider monitoring Energous on a daily basis if you are holding a position in it. Energous is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Energous stock to be traded above the $1 level to remain listed. If Energous stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is Energous's Liquidity
Energous financial leverage refers to using borrowed capital as a funding source to finance Energous ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Energous financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Energous' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Energous' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Energous's total debt and its cash.
Detailed Perspective On Energous
The company reported the previous year's revenue of 282.99 K. Net Loss for the year was (33.75 M) with profit before overhead, payroll, taxes, and interest of 200.14 K.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Energous. Please refer to our Terms of Use for any information regarding our disclosure principles.