Ehang Non Currrent Assets Other vs Accounts Payable Analysis
EH Stock | USD 15.52 0.53 3.54% |
Ehang Holdings financial indicator trend analysis is much more than just examining Ehang Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ehang Holdings is a good investment. Please check the relationship between Ehang Holdings Non Currrent Assets Other and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehang 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 rate. For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.
Non Currrent Assets Other vs Accounts Payable
Non Currrent Assets Other vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ehang Holdings Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ehang Holdings' Non Currrent Assets Other and Accounts Payable is 0.58. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Ehang Holdings, assuming nothing else is changed. The correlation between historical values of Ehang Holdings' Non Currrent Assets Other and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Ehang Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., Ehang Holdings' Non Currrent Assets Other and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Accounts Payable
An accounting item on the balance sheet that represents Ehang Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ehang Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Ehang Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ehang Holdings 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 Ehang 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 rate. For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.The current Tax Provision is estimated to decrease to about 195.7 K. The current Selling General Administrative is estimated to decrease to about 103.5 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 36.0M | 29.2M | 75.3M | 55.9M | Total Revenue | 56.8M | 44.3M | 117.4M | 97.2M |
Ehang Holdings fundamental ratios Correlations
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Ehang Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ehang Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 449.4M | 484.5M | 535.4M | 530.9M | 598.6M | 452.1M | |
Short Long Term Debt Total | 37.5M | 15M | 30M | 200.1M | 163.5M | 171.7M | |
Other Current Liab | 53.3M | 38.7M | 61.9M | 97.8M | 86.4M | 56.5M | |
Total Current Liabilities | 95.6M | 158.0M | 136.4M | 282.3M | 250.1M | 159.1M | |
Total Stockholder Equity | 311.6M | 276.3M | 332.6M | 124.3M | 213.8M | 224.5M | |
Other Liab | 5.9M | 8.8M | 47.9M | 10.1M | 11.6M | 15.3M | |
Net Tangible Assets | 310.4M | 275.3M | 331.9M | 122.3M | 140.6M | 147.7M | |
Property Plant And Equipment Net | 16.3M | 20.9M | 33.8M | 120.5M | 119.2M | 125.1M | |
Current Deferred Revenue | 10.0M | 8.3M | 16.0M | 22.8M | 41.9M | 44.0M | |
Net Debt | (284.1M) | (122.8M) | (216.9M) | (49.2M) | (64.7M) | (67.9M) | |
Retained Earnings | (720.4M) | (808.0M) | (1.1B) | (1.5B) | (1.8B) | (1.7B) | |
Accounts Payable | 27.3M | 60.4M | 45.6M | 35.5M | 35.1M | 37.4M | |
Cash | 321.7M | 137.8M | 246.9M | 249.3M | 228.3M | 205.4M | |
Non Current Assets Total | 20.9M | 43.8M | 58.3M | 143.7M | 145.6M | 152.9M | |
Non Currrent Assets Other | 252K | 4.1M | 2.4M | 11.4M | 5.7M | 3.9M | |
Other Assets | 436K | 19.0M | 17.6M | 11.4M | 13.1M | 8.9M | |
Cash And Short Term Investments | 329.3M | 187.1M | 312.0M | 249.3M | 300.1M | 242.0M | |
Net Receivables | 60.1M | 163.9M | 57.5M | 31.1M | 46.0M | 60.7M | |
Common Stock Shares Outstanding | 30.6M | 54.8M | 56.5M | 57.3M | 60.7M | 56.0M | |
Short Term Investments | 0.0 | 7.7M | 49.3M | 65.1M | 71.9M | 36.6M | |
Liabilities And Stockholders Equity | 449.4M | 484.5M | 535.4M | 530.9M | 598.6M | 452.1M | |
Non Current Liabilities Total | 38.5M | 48.8M | 64.9M | 123.8M | 134.4M | 186.4M | |
Inventory | 18.5M | 47.1M | 78.1M | 72.4M | 59.5M | 44.1M | |
Other Current Assets | 4.8M | 19.6M | 13.1M | 21.4M | 47.4M | 49.8M | |
Other Stockholder Equity | 1.0B | 1.1B | 1.5B | 1.6B | 2.0B | 1.1B | |
Total Liab | 134.1M | 206.8M | 201.4M | 406.2M | 384.4M | 302.1M | |
Net Invested Capital | 349.4M | 291.3M | 362.6M | 248.9M | 296.4M | 311.3M | |
Property Plant And Equipment Gross | 16.3M | 20.9M | 33.8M | 120.5M | 154.0M | 161.6M | |
Short Long Term Debt | 5.3M | 15M | 13M | 120.8M | 73.3M | 37.7M | |
Total Current Assets | 428.5M | 440.7M | 477.2M | 387.2M | 453.0M | 380.1M | |
Accumulated Other Comprehensive Income | 11.2M | 3.0M | (4.7M) | 16.2M | 15.1M | 9.0M | |
Net Working Capital | 332.9M | 282.7M | 340.7M | 104.8M | 203.0M | 221.0M | |
Short Term Debt | 5M | 45M | 13M | 126.3M | 78.9M | 46.4M | |
Intangible Assets | 272K | 120K | 745K | 2.0M | 2.4M | 2.5M |
Currently Active Assets on Macroaxis
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehang 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 rate. For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Aerospace & Defense 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 Ehang Holdings. If investors know Ehang 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 Ehang Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 3.923 | Quarterly Revenue Growth 9.196 | Return On Assets (0.21) | Return On Equity (0.71) |
The market value of Ehang Holdings is measured differently than its book value, which is the value of Ehang that is recorded on the company's balance sheet. Investors also form their own opinion of Ehang Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ehang Holdings' 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 Ehang Holdings' market value can be influenced by many factors that don't directly affect Ehang Holdings' 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 Ehang Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ehang Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ehang Holdings' 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.