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 Direction | Positive |
Relationship Strength | Strong |
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 Expense | 7.5M | 9.1M | 48.0M | 50.4M | Depreciation And Amortization | 7.8M | 7.0M | 6.2M | 4.6M |
Enterprise Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Enterprise Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enterprise Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 4.0B | 4.4B | 4.4B | 4.5B | 4.7B | |
Short Long Term Debt Total | 129.1M | 96.1M | 88.1M | 86.8M | 109.7M | 66.5M | |
Other Current Liab | (846K) | (1.9M) | (1.5M) | (24.4M) | 2.5B | 2.6B | |
Total Current Liabilities | 846K | 1.9M | 1.5M | 2.0M | 2.5B | 2.6B | |
Total Stockholder Equity | 296.6M | 334.4M | 346.9M | 282.3M | 329.1M | 345.6M | |
Property Plant And Equipment Net | 64.5M | 65.1M | 69.0M | 69.2M | 69.8M | 73.2M | |
Net Debt | 65.4M | (157.7M) | (348.5M) | (180.8M) | 147.2M | 154.5M | |
Retained Earnings | 191.8M | 215.0M | 241.8M | 274.6M | 301.4M | 316.4M | |
Cash | 63.8M | 253.8M | 436.6M | 267.6M | (37.4M) | (35.6M) | |
Non Current Assets Total | 575.4M | 653.9M | 1.0B | 895.2M | 4.4B | 4.6B | |
Non Currrent Assets Other | (19.2M) | (25.4M) | (29.8M) | (52.0M) | 4.2B | 4.5B | |
Other Assets | 2.6B | 3.1B | 3.0B | 3.3B | 3.7B | 3.9B | |
Cash And Short Term Investments | 63.8M | 253.8M | 436.6M | 267.6M | (37.4M) | (35.6M) | |
Net Receivables | 12.3M | 16.1M | 13.4M | 17.1M | 19.2M | 20.2M | |
Common Stock Total Equity | 118K | 119K | 120K | 121K | 139.2K | 83.7K | |
Common Stock Shares Outstanding | 11.8M | 11.9M | 12.1M | 12.1M | 12.2M | 10.9M | |
Liabilities And Stockholders Equity | 3.2B | 4.0B | 4.4B | 4.4B | 4.5B | 4.7B | |
Other Stockholder Equity | 94.2M | 97.1M | 100.4M | 103.8M | 107.4M | 54.3M | |
Total Liab | 2.9B | 3.7B | 4.1B | 4.2B | 4.1B | 4.3B | |
Property Plant And Equipment Gross | 64.5M | 65.1M | 69.0M | 69.2M | 136.8M | 143.6M | |
Total Current Assets | 76.1M | 269.9M | 449.9M | 284.7M | 77.4M | 73.5M | |
Accumulated Other Comprehensive Income | 10.5M | 22.2M | 4.7M | (96.2M) | (79.8M) | (75.8M) | |
Short Term Debt | 96.9M | 5.6M | 3.9M | 24.4M | 21.5M | 20.4M | |
Common Stock | 118K | 119K | 120K | 121K | 123K | 85.6K | |
Non Current Liabilities Total | 129.1M | 96.1M | 88.1M | 2.0M | 1.7B | 919.9M | |
Other Current Assets | 76.7M | 272.3M | 450.2M | 285.4M | 77.4M | 73.5M | |
Other Liab | 40.5M | 28.9M | 3.7M | 4.3M | 4.9M | 4.7M | |
Accounts Payable | 846K | 1.9M | 1.5M | 2.0M | 4.7M | 4.4M | |
Long Term Debt | 14.9M | 73.7M | 64.5M | 62.4M | 85.3M | 89.5M | |
Property Plant Equipment | 45.4M | 46.7M | 69.0M | 44.2M | 50.9M | 32.1M | |
Short Term Investments | 455K | 583.0M | 958.2M | 820.4M | (94.0M) | (89.3M) | |
Inventory | (76.7M) | (272.3M) | (450.2M) | (285.4M) | 18.2M | 19.1M | |
Net Tangible Assets | 291.0M | 328.8M | 341.2M | 276.6M | 318.1M | 243.8M | |
Retained Earnings Total Equity | 191.8M | 215.0M | 241.8M | 274.6M | 315.7M | 169.3M | |
Long Term Debt Total | 14.9M | 73.7M | 59.0M | 59.2M | 68.1M | 71.5M | |
Capital Surpluse | 94.2M | 97.1M | 100.4M | 103.8M | 119.4M | 84.8M | |
Long Term Investments | 3.0B | 3.0B | 958.2M | 820.4M | 668.2M | 1.3B | |
Non Current Liabilities Other | 136.0M | 53.0M | 60.2M | 59.1M | 67.9M | 77.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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..
Complementary Tools for Enterprise Stock analysis
When running Enterprise Bancorp's price analysis, check to measure Enterprise Bancorp's 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 Enterprise Bancorp is operating at the current time. Most of Enterprise Bancorp's value examination focuses on studying past and present price action to predict the probability of Enterprise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Bancorp's price. Additionally, you may evaluate how the addition of Enterprise Bancorp to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
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.