Enpro Industries Stock Current Ratio

NPO Stock  USD 148.74  1.46  0.99%   
Enpro Industries fundamentals help investors to digest information that contributes to Enpro Industries' financial success or failures. It also enables traders to predict the movement of Enpro Stock. The fundamental analysis module provides a way to measure Enpro Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enpro Industries stock.
Last ReportedProjected for Next Year
Current Ratio 3.31  1.70 
As of the 10th of May 2024, Current Ratio is likely to drop to 1.70.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Enpro Industries Company Current Ratio Analysis

Enpro Industries' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Enpro Industries Current Ratio

    
  1.90 X  
Most of Enpro Industries' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enpro Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Enpro Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Enpro Industries is extremely important. It helps to project a fair market value of Enpro Stock properly, considering its historical fundamentals such as Current Ratio. Since Enpro Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enpro Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enpro Industries' interrelated accounts and indicators.
0.91-0.250.370.72-0.18-0.250.890.740.650.130.89-0.120.920.520.26-0.820.93-0.70.390.90.83-0.69-0.12
0.91-0.350.080.67-0.07-0.170.850.380.70.040.86-0.170.80.560.33-0.620.85-0.70.110.890.7-0.63-0.17
-0.25-0.35-0.1-0.01-0.39-0.17-0.30.02-0.31-0.2-0.320.18-0.24-0.37-0.430.15-0.270.22-0.04-0.38-0.260.20.18
0.370.08-0.1-0.190.190.010.160.680.30.460.20.30.510.490.23-0.480.4-0.080.690.120.37-0.090.3
0.720.67-0.01-0.19-0.36-0.290.810.510.37-0.180.78-0.530.59-0.050.06-0.630.66-0.690.020.780.68-0.7-0.53
-0.18-0.07-0.390.19-0.360.87-0.25-0.270.51-0.07-0.20.150.090.30.860.410.04-0.08-0.19-0.27-0.380.140.15
-0.25-0.17-0.170.01-0.290.87-0.39-0.270.41-0.17-0.350.320.010.130.770.55-0.090.07-0.19-0.37-0.520.210.32
0.890.85-0.30.160.81-0.25-0.390.580.520.111.0-0.510.770.360.16-0.870.83-0.770.260.910.89-0.85-0.51
0.740.380.020.680.51-0.27-0.270.580.320.230.56-0.010.740.240.04-0.80.69-0.40.660.550.71-0.48-0.01
0.650.7-0.310.30.370.510.410.520.32-0.090.56-0.050.80.680.81-0.270.77-0.63-0.040.470.29-0.47-0.05
0.130.04-0.20.46-0.18-0.07-0.170.110.23-0.090.120.09-0.050.23-0.07-0.27-0.070.190.680.080.32-0.090.09
0.890.86-0.320.20.78-0.2-0.351.00.560.560.12-0.490.790.40.2-0.860.84-0.770.270.90.88-0.84-0.49
-0.12-0.170.180.3-0.530.150.32-0.51-0.01-0.050.09-0.49-0.050.36-0.020.34-0.220.410.2-0.38-0.40.471.0
0.920.8-0.240.510.590.090.010.770.740.8-0.050.79-0.050.590.48-0.720.97-0.730.310.750.68-0.62-0.05
0.520.56-0.370.49-0.050.30.130.360.240.680.230.40.360.590.42-0.270.49-0.40.150.280.21-0.340.36
0.260.33-0.430.230.060.860.770.160.040.81-0.070.2-0.020.480.420.060.46-0.44-0.080.13-0.05-0.25-0.02
-0.82-0.620.15-0.48-0.630.410.55-0.87-0.8-0.27-0.27-0.860.34-0.72-0.270.06-0.750.6-0.59-0.8-0.930.730.34
0.930.85-0.270.40.660.04-0.090.830.690.77-0.070.84-0.220.970.490.46-0.75-0.780.240.840.73-0.65-0.22
-0.7-0.70.22-0.08-0.69-0.080.07-0.77-0.4-0.630.19-0.770.41-0.73-0.4-0.440.6-0.780.1-0.67-0.490.770.41
0.390.11-0.040.690.02-0.19-0.190.260.66-0.040.680.270.20.310.15-0.08-0.590.240.10.250.53-0.270.2
0.90.89-0.380.120.78-0.27-0.370.910.550.470.080.9-0.380.750.280.13-0.80.84-0.670.250.89-0.63-0.38
0.830.7-0.260.370.68-0.38-0.520.890.710.290.320.88-0.40.680.21-0.05-0.930.73-0.490.530.89-0.61-0.4
-0.69-0.630.2-0.09-0.70.140.21-0.85-0.48-0.47-0.09-0.840.47-0.62-0.34-0.250.73-0.650.77-0.27-0.63-0.610.47
-0.12-0.170.180.3-0.530.150.32-0.51-0.01-0.050.09-0.491.0-0.050.36-0.020.34-0.220.410.2-0.38-0.40.47
Click cells to compare fundamentals

Enpro Current Ratio Historical Pattern

Today, most investors in Enpro Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enpro Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Enpro Industries current ratio as a starting point in their analysis.
   Enpro Industries Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Enpro Discontinued Operations

Discontinued Operations

239.57 Million

At this time, Enpro Industries' Discontinued Operations is very stable compared to the past year.
In accordance with the recently published financial statements, Enpro Industries has a Current Ratio of 1.9 times. This is 7.77% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 12.04% higher than that of the company.

Enpro Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enpro Industries' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enpro Industries could also be used in its relative valuation, which is a method of valuing Enpro Industries by comparing valuation metrics of similar companies.
Enpro Industries is currently under evaluation in current ratio category among related companies.

Enpro Fundamentals

About Enpro Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enpro Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enpro Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enpro Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Enpro Industries Investors Sentiment

The influence of Enpro Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Enpro. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Enpro Industries' public news can be used to forecast risks associated with an investment in Enpro. The trend in average sentiment can be used to explain how an investor holding Enpro can time the market purely based on public headlines and social activities around Enpro Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Enpro Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Enpro Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Enpro Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Enpro Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enpro Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enpro Industries' short interest history, or implied volatility extrapolated from Enpro Industries options trading.

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 Architect
When determining whether Enpro Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enpro Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enpro Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enpro Industries Stock:
Check out Enpro Industries Piotroski F Score and Enpro Industries Altman Z Score analysis.
To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Enpro Stock analysis

When running Enpro Industries' price analysis, check to measure Enpro Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enpro Industries is operating at the current time. Most of Enpro Industries' value examination focuses on studying past and present price action to predict the probability of Enpro Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enpro Industries' price. Additionally, you may evaluate how the addition of Enpro Industries to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Stocks Directory
Find actively traded stocks across global markets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Is Enpro Industries' 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 Enpro Industries. If investors know Enpro 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 Enpro Industries 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
(0.67)
Dividend Share
1.17
Earnings Share
(0.13)
Revenue Per Share
49.424
Quarterly Revenue Growth
(0.09)
The market value of Enpro Industries is measured differently than its book value, which is the value of Enpro that is recorded on the company's balance sheet. Investors also form their own opinion of Enpro Industries' value that differs from its market value or its book value, called intrinsic value, which is Enpro Industries' 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 Enpro Industries' market value can be influenced by many factors that don't directly affect Enpro Industries' 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 Enpro Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enpro Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enpro Industries' 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.