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Prepaid Expenses for ITM Power Plc

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IJ8: ITM Power Plc

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. The company’s product portfolio co...

0.31 EUR
Price
EUR
Fair Value
Upside
0.30 - 0.82
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on ITM Power Plc's Prepaid Expenses:

Apr 2016Apr 2018Apr 2020Apr 2022Apr 20240 K5 M10 M15 M20 M

Performance Summary
  • ITM Power's prepaid expenses for fiscal years ending April 2020 to 2024 averaged 9.715 million.
  • ITM Power's operated at median prepaid expenses of 8.986 million from fiscal years ending April 2020 to 2024.
  • Looking back at the last 5 years, ITM Power's prepaid expenses peaked in April 2020 at 15.276 million.
  • ITM Power's prepaid expenses hit its 5-year low in April 2024 of 2.543 million.
  • ITM Power's prepaid expenses decreased in 2020 (15.276 million, -12.0%), 2021 (7.498 million, -50.9%), 2023 (8.986 million, -37.0%), and 2024 (2.543 million, -71.7%) and increased in 2022 (14.274 million, +90.4%).

How does ITM Power's Prepaid Expenses benchmark against competitors?

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We've identified the following companies as similar to ITM Power Plc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Prepaid Expenses

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prepaid_exp
Slug
number
Datatype
text
Format
current
Default Period
FY, Q
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Prepaid Expenses in the financials category include:

  • Ending Cash (CF) - This item represents cash and cash equivalents as at the end of the period.
  • Unlevered Free Cash Flow - A cash flow measure that represents cash available to all providers of capital, including debt, equity, and hybrid capital. It is used to remove the impact of capital structure on a firm’s value.
  • Income Tax Expense - The total amount of income tax expense for the given period.
  • NNWC Per Share - A calculation inspired by Benjamin Graham. Net-Net Working Capital is calculated as (cash & short-term investments + 75% * accounts receivable + 50% * inventory) minus total liabilities. NNWC per Share expresses this calculation on a per share basis.
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Prepaid Expenses

A current asset created by prepayment of costs and expenses for which the benefits will occur at a future date.

Definition of Prepaid Expenses

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ITM Power did not report meaningful prepaid expenses for the latest quarter ending October 31, 2024 on its balance sheet.

The tables below summarizes ITM Power’s Prepaid Expenses and common size over the last five years:

Fiscal YearPrepaid ExpensesAssets% Assets
2020-04-3015.276 M95.61 M16.0%
2021-04-307.498 M263.2 M2.8%
2022-04-3014.274 M546.2 M2.6%
2023-04-308.986 M458.9 M2.0%
2024-04-302.543 M446.9 M0.6%

The tables below summarizes ITM Power’s Prepaid Expenses and common size over the last four quarters:

Quarter EndingPrepaid ExpensesAssets% Assets
2024-01-312.548 M447.8 M0.6%
2024-04-302.543 M446.9 M0.6%
2024-07-31NA421.2 M0.0%
2024-10-31NA420.6 M0.0%

Click the link below to download a spreadsheet with an example Prepaid Expenses calculation for ITM Power Plc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-836.452 K8.164 M17.164 M34.297 M50150250

The chart above depicts the distribution of prepaid expenses for companies operating in the Industrials sector in the Developed economic region. Over 3,970 companies were considered in this analysis, and 1,062 had meaningful values. The average prepaid expenses of companies in the sector is 4.897 M with a standard deviation of 7.493 M.

ITM Power Plc's Prepaid Expenses of - is significantly outside the interquartile range and is excluded from the distribution. The following table provides additional summary stats:

Prepaid Expenses In The Industrials Sector
Economic Risk RegionDeveloped
Total Constituents3,972
Included Constituents1,062
Min0.065 K
Max33.461 M
Median1.308 M
Mean4.897 M
Standard Deviation7.493 M

You can find companies with similar prepaid expenses using this stock screener.

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