Ebang Ptb Ratio vs Free Cash Flow Per Share Analysis
EBON Stock | USD 8.28 0.57 6.44% |
Ebang International financial indicator trend analysis is much more than just examining Ebang International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ebang International is a good investment. Please check the relationship between Ebang International Ptb Ratio and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Ptb Ratio vs Free Cash Flow Per Share
Ptb Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ebang International Ptb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ebang International's Ptb Ratio and Free Cash Flow Per Share is 0.42. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Ebang International Holdings, assuming nothing else is changed. The correlation between historical values of Ebang International's Ptb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Ebang International Holdings are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., Ebang International's Ptb Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most indicators from Ebang International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ebang International 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 Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 6.28, while Selling General Administrative is likely to drop about 26.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 27.2M | 42.7M | 36.9M | 21.9M | Cost Of Revenue | 22.2M | 12.4M | 21.6M | 20.5M |
Ebang International fundamental ratios Correlations
Click cells to compare fundamentals
Ebang International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ebang International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 82.6M | 144.2M | 385.9M | 344.2M | 298.2M | 200.8M | |
Other Current Liab | 20.5M | 28.8M | 9.0M | 11.5M | 9.8M | 11.8M | |
Total Current Liabilities | 39.0M | 34.3M | 14.7M | 15.5M | 12.0M | 11.4M | |
Total Stockholder Equity | 18.0M | 103.1M | 363.7M | 318.9M | 279.8M | 143.5M | |
Property Plant And Equipment Net | 14.5M | 30.0M | 36.6M | 42.4M | 39.3M | 20.9M | |
Net Debt | 20.2M | (11.0M) | (236.6M) | (244.1M) | (235.0M) | (223.2M) | |
Retained Earnings | 3.1M | (38.6M) | (34.2M) | (78.1M) | (114.8M) | (109.1M) | |
Accounts Payable | 11.8M | 2.8M | 3.4M | 1.5M | 292.6K | 277.9K | |
Cash | 3.5M | 13.7M | 240.0M | 251.3M | 241.6M | 253.7M | |
Non Current Assets Total | 18.3M | 75.6M | 87.0M | 75.1M | 47.8M | 39.6M | |
Non Currrent Assets Other | (18.3M) | 22.5M | 27.0M | 22.6M | 5.0M | 3.8M | |
Cash And Short Term Investments | 3.5M | 54.5M | 275.5M | 257.2M | 242.1M | 254.2M | |
Net Receivables | 8.1M | 8.0M | 9.9M | 3.3M | 946.5K | 899.2K | |
Common Stock Shares Outstanding | 5.1M | 4.1M | 5.9M | 6.2M | 6.3M | 6.0M | |
Inventory | 13.1M | 3.8M | 8.2M | 1.6M | 198.8K | 188.9K | |
Other Current Assets | 4.1M | 2.3M | 5.4M | 7.0M | 7.2M | 6.4M | |
Other Stockholder Equity | 12.8M | 138.3M | 393.7M | 397.6M | 397.5M | 417.3M | |
Total Liab | 57.0M | 34.4M | 16.9M | 22.4M | 16.9M | 16.1M | |
Total Current Assets | 28.8M | 68.6M | 298.8M | 269.1M | 250.4M | 156.6M | |
Intangible Assets | 3.8M | 23.1M | 22.5M | 9.2M | 2.3M | 2.2M | |
Short Long Term Debt Total | 23.7M | 2.6M | 3.4M | 7.3M | 6.7M | 7.9M | |
Current Deferred Revenue | 1.0M | 2.1M | 894.2K | 1.0M | 122.5K | 116.4K | |
Liabilities And Stockholders Equity | 82.6M | 144.2M | 385.9M | 344.2M | 298.2M | 221.5M | |
Non Current Liabilities Total | 17.6M | 119.7K | 2.2M | 6.9M | 5.0M | 4.6M | |
Accumulated Other Comprehensive Income | 2.0M | 3.4M | 4.2M | (644.9K) | (2.8M) | (2.7M) | |
Short Term Debt | 5.7M | 2.5M | 1.4M | 1.5M | 1.7M | 1.6M | |
Capital Lease Obligations | 1.2M | 796.3K | 3.4M | 7.3M | 6.7M | 3.6M | |
Net Invested Capital | 40.5M | 105.0M | 363.7M | 318.9M | 279.8M | 219.5M | |
Property Plant And Equipment Gross | 14.5M | 30.0M | 65.9M | 67.2M | 66.8M | 47.9M | |
Net Working Capital | 24.4M | 34.3M | 284.1M | 253.6M | 238.5M | 161.9M |
Pair Trading with Ebang International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ebang International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ebang International will appreciate offsetting losses from the drop in the long position's value.Moving together with Ebang Stock
Moving against Ebang Stock
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The ability to find closely correlated positions to Ebang International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebang International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ebang International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ebang International Holdings to buy it.
The correlation of Ebang International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ebang International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebang International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ebang International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Electronic Equipment, Instruments & Components 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 Ebang International. If investors know Ebang 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 Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.60) | Revenue Per Share 0.572 | Quarterly Revenue Growth (0.48) | Return On Assets (0.1) | Return On Equity (0.12) |
The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International'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 Ebang International's market value can be influenced by many factors that don't directly affect Ebang International'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 Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International'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.