EMCOR Retained Earnings vs Total Assets Analysis
EME Stock | USD 378.37 2.78 0.74% |
EMCOR financial indicator trend analysis is much more than just examining EMCOR Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EMCOR Group is a good investment. Please check the relationship between EMCOR Retained Earnings and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMCOR Group Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EMCOR's Retained Earnings and Total Assets is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of EMCOR Group, assuming nothing else is changed. The correlation between historical values of EMCOR's Retained Earnings and Total 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 Retained Earnings of EMCOR Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., EMCOR's Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Assets
Total assets refers to the total amount of EMCOR 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 EMCOR Group 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.Most indicators from EMCOR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EMCOR Group 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 EMCOR Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. The current year's Enterprise Value is expected to grow to about 10.2 B, whereas Selling General Administrative is forecasted to decline to about 587.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.1M | 10.4M | 17.2M | 10.5M | Depreciation And Amortization | 116.1M | 112.9M | 119.0M | 124.9M |
EMCOR fundamental ratios Correlations
Click cells to compare fundamentals
EMCOR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EMCOR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.8B | 5.1B | 5.4B | 5.5B | 6.6B | 6.9B | |
Short Long Term Debt Total | 570.3M | 535.5M | 540.3M | 535.2M | 340.0M | 263.4M | |
Other Current Liab | 578.3M | 698.6M | 765.3M | 723.2M | 909.6M | 484.8M | |
Total Current Liabilities | 1.9B | 2.2B | 2.4B | 2.8B | 3.5B | 3.7B | |
Total Stockholder Equity | 2.1B | 2.1B | 2.3B | 2.0B | 2.5B | 2.6B | |
Property Plant And Equipment Net | 401.7M | 400.6M | 412.8M | 425.9M | 489.9M | 514.4M | |
Net Debt | 211.5M | (367.3M) | (281.0M) | 78.7M | (450.4M) | (427.9M) | |
Accounts Payable | 665.4M | 671.9M | 734.3M | 849.3M | 936.0M | 559.1M | |
Cash | 358.8M | 902.9M | 821.3M | 456.4M | 790.4M | 829.9M | |
Non Current Assets Total | 2.2B | 1.9B | 2.1B | 2.1B | 2.2B | 2.3B | |
Non Currrent Assets Other | 93.5M | 107.6M | 158.0M | 123.6M | 130.3M | 136.8M | |
Cash And Short Term Investments | 358.8M | 902.9M | 821.3M | 456.4M | 790.4M | 829.9M | |
Net Receivables | 2.2B | 2.1B | 2.4B | 2.8B | 3.5B | 3.6B | |
Common Stock Shares Outstanding | 56.5M | 55.4M | 54.3M | 50.1M | 47.6M | 63.3M | |
Liabilities And Stockholders Equity | 4.8B | 5.1B | 5.4B | 5.5B | 6.6B | 6.9B | |
Non Current Liabilities Total | 834.0M | 847.4M | 826.6M | 796.8M | 620.6M | 448.4M | |
Inventory | 40.4M | 53.3M | 54.1M | 85.6M | 110.8M | 116.3M | |
Other Current Assets | 52.0M | 70.7M | 80.9M | 79.3M | 72.5M | 73.5M | |
Other Stockholder Equity | (221.7M) | (319.0M) | (500.2M) | (1.1B) | (1.3B) | (1.2B) | |
Total Liab | 2.8B | 3.0B | 3.2B | 3.6B | 4.1B | 4.3B | |
Property Plant And Equipment Gross | 401.7M | 400.6M | 412.8M | 425.9M | 902.1M | 947.2M | |
Total Current Assets | 2.7B | 3.1B | 3.4B | 3.5B | 4.4B | 4.7B | |
Short Term Debt | 71.2M | 70.5M | 74.0M | 82.8M | 77.7M | 81.6M | |
Retained Earnings | 2.4B | 2.5B | 2.8B | 3.2B | 3.8B | 4.0B | |
Accumulated Other Comprehensive Income | (89.3M) | (109.2M) | (83.6M) | (93.5M) | (85.7M) | (81.4M) | |
Intangible Assets | 611.4M | 582.9M | 589.4M | 594.0M | 586.0M | 402.7M | |
Other Liab | 334.9M | 382.4M | 360.3M | 344.4M | 396.1M | 247.7M | |
Other Assets | 93.5M | 349.8M | 158.0M | 123.6M | 142.2M | 149.3M | |
Long Term Debt | 50M | 253.6M | 240.7M | 227.8M | 2.8M | 2.7M | |
Good Will | 1.1B | 851.8M | 890.3M | 919.2M | 956.5M | 685.3M | |
Property Plant Equipment | 156.2M | 158.4M | 152.1M | 157.8M | 181.5M | 111.7M | |
Current Deferred Revenue | 623.6M | 722.3M | 788.1M | 1.1B | 1.6B | 1.7B | |
Net Tangible Assets | 381.8M | 618.0M | 772.8M | 460.5M | 529.5M | 389.8M | |
Noncontrolling Interest In Consolidated Entity | 896K | 646K | 576K | 702K | 631.8K | 600.2K | |
Retained Earnings Total Equity | 2.4B | 2.5B | 2.8B | 3.2B | 3.7B | 3.9B |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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Is EMCOR'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 EMCOR. If investors know EMCOR 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 EMCOR 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 0.797 | Dividend Share 0.79 | Earnings Share 15.17 | Revenue Per Share 278.072 | Quarterly Revenue Growth 0.187 |
The market value of EMCOR Group is measured differently than its book value, which is the value of EMCOR that is recorded on the company's balance sheet. Investors also form their own opinion of EMCOR's value that differs from its market value or its book value, called intrinsic value, which is EMCOR'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 EMCOR's market value can be influenced by many factors that don't directly affect EMCOR'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 EMCOR's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCOR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCOR'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.