Enterprise Total Assets vs Net Tangible Assets Analysis

EBTC Stock  USD 26.08  0.42  1.64%   
Enterprise Bancorp financial indicator trend analysis is much more than just examining Enterprise Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Bancorp is a good investment. Please check the relationship between Enterprise Bancorp Total Assets and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Bancorp Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Enterprise Bancorp's Total Assets and Net Tangible Assets is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Enterprise Bancorp, assuming nothing else is changed. The correlation between historical values of Enterprise Bancorp's Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Enterprise Bancorp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Enterprise Bancorp's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Enterprise Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Enterprise Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Enterprise Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Bancorp 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 Enterprise Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.At present, Enterprise Bancorp's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense7.5M9.1M48.0M50.4M
Depreciation And Amortization7.8M7.0M6.2M4.6M

Enterprise Bancorp fundamental ratios Correlations

0.670.520.520.970.97-0.190.980.420.680.540.980.420.960.660.710.791.00.840.11-0.20.65-0.69-0.27-0.56-0.29
0.670.160.170.740.670.040.630.240.30.20.670.240.640.640.630.780.670.47-0.040.440.63-0.4-0.27-0.470.08
0.520.161.00.450.510.510.65-0.40.971.00.62-0.40.660.090.130.090.520.88-0.43-0.270.0-0.540.08-0.32-0.33
0.520.171.00.460.50.520.65-0.40.971.00.63-0.40.660.090.130.10.520.88-0.44-0.250.01-0.540.08-0.34-0.31
0.970.740.450.460.96-0.160.930.410.610.470.960.410.920.710.760.830.970.80.11-0.110.71-0.71-0.26-0.58-0.24
0.970.670.510.50.96-0.190.960.420.670.530.950.420.940.630.680.750.970.850.01-0.20.62-0.67-0.35-0.53-0.44
-0.190.040.510.52-0.16-0.19-0.06-0.950.370.5-0.01-0.950.0-0.14-0.12-0.28-0.190.22-0.560.42-0.19-0.210.42-0.030.28
0.980.630.650.650.930.96-0.060.290.790.670.990.290.980.60.650.720.980.92-0.04-0.210.57-0.71-0.26-0.56-0.35
0.420.24-0.4-0.40.410.42-0.950.29-0.21-0.370.261.00.230.30.30.480.42-0.020.52-0.310.350.05-0.5-0.13-0.28
0.680.30.970.970.610.670.370.79-0.210.980.76-0.210.790.190.230.250.680.95-0.4-0.290.11-0.58-0.09-0.43-0.4
0.540.21.01.00.470.530.50.67-0.370.980.64-0.370.680.080.120.110.540.89-0.48-0.26-0.01-0.520.0-0.36-0.36
0.980.670.620.630.960.95-0.010.990.260.760.640.260.980.660.710.750.980.90.02-0.160.64-0.76-0.18-0.56-0.25
0.420.24-0.4-0.40.410.42-0.950.291.0-0.21-0.370.260.230.30.30.480.42-0.020.52-0.310.350.05-0.5-0.13-0.28
0.960.640.660.660.920.940.00.980.230.790.680.980.230.550.590.70.960.92-0.1-0.220.51-0.66-0.29-0.63-0.33
0.660.640.090.090.710.63-0.140.60.30.190.080.660.30.550.960.870.660.40.390.160.99-0.730.18-0.20.16
0.710.630.130.130.760.68-0.120.650.30.230.120.710.30.590.960.790.710.450.40.190.98-0.840.16-0.130.16
0.790.780.090.10.830.75-0.280.720.480.250.110.750.480.70.870.790.790.470.30.040.86-0.49-0.15-0.560.0
1.00.670.520.520.970.97-0.190.980.420.680.540.980.420.960.660.710.790.850.11-0.210.64-0.69-0.27-0.56-0.3
0.840.470.880.880.80.850.220.92-0.020.950.890.9-0.020.920.40.450.470.85-0.26-0.260.34-0.7-0.14-0.49-0.42
0.11-0.04-0.43-0.440.110.01-0.56-0.040.52-0.4-0.480.020.52-0.10.390.40.30.11-0.26-0.10.45-0.140.450.180.38
-0.20.44-0.27-0.25-0.11-0.20.42-0.21-0.31-0.29-0.26-0.16-0.31-0.220.160.190.04-0.21-0.26-0.10.19-0.060.160.090.59
0.650.630.00.010.710.62-0.190.570.350.11-0.010.640.350.510.990.980.860.640.340.450.19-0.730.16-0.180.19
-0.69-0.4-0.54-0.54-0.71-0.67-0.21-0.710.05-0.58-0.52-0.760.05-0.66-0.73-0.84-0.49-0.69-0.7-0.14-0.06-0.73-0.280.1-0.05
-0.27-0.270.080.08-0.26-0.350.42-0.26-0.5-0.090.0-0.18-0.5-0.290.180.16-0.15-0.27-0.140.450.160.16-0.280.380.59
-0.56-0.47-0.32-0.34-0.58-0.53-0.03-0.56-0.13-0.43-0.36-0.56-0.13-0.63-0.2-0.13-0.56-0.56-0.490.180.09-0.180.10.380.1
-0.290.08-0.33-0.31-0.24-0.440.28-0.35-0.28-0.4-0.36-0.25-0.28-0.330.160.160.0-0.3-0.420.380.590.19-0.050.590.1
Click cells to compare fundamentals

Enterprise Bancorp Account Relationship Matchups

Enterprise Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B4.0B4.4B4.4B4.5B4.7B
Short Long Term Debt Total129.1M96.1M88.1M86.8M109.7M66.5M
Other Current Liab(846K)(1.9M)(1.5M)(24.4M)2.5B2.6B
Total Current Liabilities846K1.9M1.5M2.0M2.5B2.6B
Total Stockholder Equity296.6M334.4M346.9M282.3M329.1M345.6M
Property Plant And Equipment Net64.5M65.1M69.0M69.2M69.8M73.2M
Net Debt65.4M(157.7M)(348.5M)(180.8M)147.2M154.5M
Retained Earnings191.8M215.0M241.8M274.6M301.4M316.4M
Cash63.8M253.8M436.6M267.6M(37.4M)(35.6M)
Non Current Assets Total575.4M653.9M1.0B895.2M4.4B4.6B
Non Currrent Assets Other(19.2M)(25.4M)(29.8M)(52.0M)4.2B4.5B
Other Assets2.6B3.1B3.0B3.3B3.7B3.9B
Cash And Short Term Investments63.8M253.8M436.6M267.6M(37.4M)(35.6M)
Net Receivables12.3M16.1M13.4M17.1M19.2M20.2M
Common Stock Total Equity118K119K120K121K139.2K83.7K
Common Stock Shares Outstanding11.8M11.9M12.1M12.1M12.2M10.9M
Liabilities And Stockholders Equity3.2B4.0B4.4B4.4B4.5B4.7B
Other Stockholder Equity94.2M97.1M100.4M103.8M107.4M54.3M
Total Liab2.9B3.7B4.1B4.2B4.1B4.3B
Property Plant And Equipment Gross64.5M65.1M69.0M69.2M136.8M143.6M
Total Current Assets76.1M269.9M449.9M284.7M77.4M73.5M
Accumulated Other Comprehensive Income10.5M22.2M4.7M(96.2M)(79.8M)(75.8M)
Short Term Debt96.9M5.6M3.9M24.4M21.5M20.4M
Common Stock118K119K120K121K123K85.6K
Non Current Liabilities Total129.1M96.1M88.1M2.0M1.7B919.9M
Other Current Assets76.7M272.3M450.2M285.4M77.4M73.5M
Other Liab40.5M28.9M3.7M4.3M4.9M4.7M
Accounts Payable846K1.9M1.5M2.0M4.7M4.4M
Long Term Debt14.9M73.7M64.5M62.4M85.3M89.5M
Property Plant Equipment45.4M46.7M69.0M44.2M50.9M32.1M
Short Term Investments455K583.0M958.2M820.4M(94.0M)(89.3M)
Inventory(76.7M)(272.3M)(450.2M)(285.4M)18.2M19.1M
Net Tangible Assets291.0M328.8M341.2M276.6M318.1M243.8M
Retained Earnings Total Equity191.8M215.0M241.8M274.6M315.7M169.3M
Long Term Debt Total14.9M73.7M59.0M59.2M68.1M71.5M
Capital Surpluse94.2M97.1M100.4M103.8M119.4M84.8M
Long Term Investments3.0B3.0B958.2M820.4M668.2M1.3B
Non Current Liabilities Other136.0M53.0M60.2M59.1M67.9M77.8M

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When determining whether Enterprise Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enterprise Bancorp's 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 Enterprise Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enterprise Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is Enterprise Bancorp's 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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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
(0.22)
Dividend Share
0.93
Earnings Share
2.91
Revenue Per Share
13.013
Quarterly Revenue Growth
(0.05)
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp'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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp'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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp'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.