Enphase Ebit vs Research Development Analysis

ENPH Stock  USD 116.93  0.08  0.07%   
Enphase Energy financial indicator trend analysis is much more than just examining Enphase Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enphase Energy is a good investment. Please check the relationship between Enphase Energy Ebit and its Research Development accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.

Ebit vs Research Development

Ebit vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enphase Energy Ebit account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Enphase Energy's Ebit and Research Development is 0.94. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Research Development in the same time period over historical financial statements of Enphase Energy, assuming nothing else is changed. The correlation between historical values of Enphase Energy's Ebit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Enphase Energy are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Ebit i.e., Enphase Energy's Ebit and Research Development go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Research Development

Most indicators from Enphase Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enphase Energy 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 Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.As of now, Enphase Energy's Selling General Administrative is increasing as compared to previous years. The Enphase Energy's current Tax Provision is estimated to increase to about 102.2 M, while Enterprise Value Over EBITDA is projected to decrease to 24.01.
 2021 2022 2023 2024 (projected)
Interest Expense45.2M9.4M8.8M9.5M
Depreciation And Amortization33.1M74.8M74.7M78.4M

Enphase Energy fundamental ratios Correlations

0.670.650.650.820.650.580.750.45-0.010.820.750.660.510.660.720.60.510.710.790.670.440.670.520.680.71
0.670.990.990.930.980.980.930.890.490.950.541.00.11.00.990.990.960.890.961.00.911.00.180.990.99
0.650.990.980.910.950.960.880.940.410.950.470.990.040.990.990.990.930.840.951.00.880.990.150.980.98
0.650.990.980.910.960.960.890.90.490.940.520.980.080.990.990.980.950.860.940.990.880.990.140.980.97
0.820.930.910.910.930.870.870.710.410.960.780.910.150.940.940.860.820.820.930.920.750.930.520.910.94
0.650.980.950.960.930.970.930.810.60.920.620.970.10.990.970.950.950.910.930.970.920.990.240.980.98
0.580.980.960.960.870.970.90.890.520.90.440.980.040.970.960.970.990.880.940.970.970.980.090.980.97
0.750.930.880.890.870.930.90.760.440.910.560.930.40.910.930.90.880.980.930.920.860.920.130.940.95
0.450.890.940.90.710.810.890.760.280.830.140.91-0.040.880.890.950.880.720.850.920.840.89-0.150.880.87
-0.010.490.410.490.410.60.520.440.280.270.420.46-0.260.520.410.440.560.440.270.440.560.510.090.470.47
0.820.950.950.940.960.920.90.910.830.270.610.950.260.950.980.930.860.870.980.960.790.950.310.950.96
0.750.540.470.520.780.620.440.560.140.420.610.50.220.570.550.390.390.520.560.50.320.550.820.520.57
0.661.00.990.980.910.970.980.930.910.460.950.50.120.990.990.990.960.90.961.00.921.00.130.990.99
0.510.10.040.080.150.10.040.4-0.04-0.260.260.220.120.060.150.080.040.450.230.10.030.09-0.050.160.17
0.661.00.990.990.940.990.970.910.880.520.950.570.990.060.990.980.950.870.950.990.91.00.220.990.99
0.720.990.990.990.940.970.960.930.890.410.980.550.990.150.990.980.940.90.981.00.880.990.20.990.99
0.60.990.990.980.860.950.970.90.950.440.930.390.990.080.980.980.960.870.940.990.920.980.030.980.97
0.510.960.930.950.820.950.990.880.880.560.860.390.960.040.950.940.960.870.890.950.980.960.010.970.94
0.710.890.840.860.820.910.880.980.720.440.870.520.90.450.870.90.870.870.90.880.860.890.070.910.92
0.790.960.950.940.930.930.940.930.850.270.980.560.960.230.950.980.940.890.90.960.850.960.250.960.97
0.671.01.00.990.920.970.970.920.920.440.960.51.00.10.991.00.990.950.880.960.91.00.150.990.99
0.440.910.880.880.750.920.970.860.840.560.790.320.920.030.90.880.920.980.860.850.90.91-0.030.930.9
0.671.00.990.990.930.990.980.920.890.510.950.551.00.091.00.990.980.960.890.961.00.910.190.990.99
0.520.180.150.140.520.240.090.13-0.150.090.310.820.13-0.050.220.20.030.010.070.250.15-0.030.190.150.21
0.680.990.980.980.910.980.980.940.880.470.950.520.990.160.990.990.980.970.910.960.990.930.990.150.99
0.710.990.980.970.940.980.970.950.870.470.960.570.990.170.990.990.970.940.920.970.990.90.990.210.99
Click cells to compare fundamentals

Enphase Energy Account Relationship Matchups

Enphase Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding131.6M141.9M142.9M144.4M143.3M78.6M
Total Assets713.2M1.2B2.1B3.1B3.4B3.6B
Short Long Term Debt Total105.5M330.9M1.0B1.3B1.3B1.4B
Other Current Liab57.2M87.8M177.3M331.5M292.8M307.4M
Total Current Liabilities199.3M534.0M439.8M638.2M532.4M559.1M
Total Stockholder Equity272.2M484.0M430.2M825.6M983.6M1.0B
Property Plant And Equipment Net39.1M60.7M96.6M132.7M188.1M197.5M
Current Deferred Revenue81.8M47.7M62.7M90.7M118.3M124.2M
Net Debt(145.9M)(348.5M)918.3M817.1M1.0B1.1B
Retained Earnings(185.2M)(51.2M)(405.7M)17.3M46.3M48.6M
Accounts Payable57.5M72.6M113.8M125.1M116.2M122.0M
Cash251.4M679.4M119.3M473.2M288.7M162.8M
Non Current Assets Total213.6M267.0M616.8M820.0M939.5M986.5M
Non Currrent Assets Other44.6M7.9M8.1M11.5M11.9M11.2M
Cash And Short Term Investments251.4M679.4M1.0B1.6B1.7B1.8B
Net Receivables145.4M182.2M333.6M440.9M446.0M468.3M
Liabilities And Stockholders Equity713.2M1.2B2.1B3.1B3.4B3.6B
Non Current Liabilities Total241.7M182.1M1.2B1.6B1.9B2.0B
Inventory32.1M41.8M74.4M149.7M213.6M224.3M
Other Current Assets70.8M29.8M37.8M60.8M88.9M93.4M
Other Stockholder Equity458.3M534.7M837.9M819.1M939.3M986.3M
Total Liab441.0M716.1M1.6B2.3B2.4B2.5B
Property Plant And Equipment Gross39.1M60.7M96.6M132.7M325.5M341.8M
Total Current Assets499.7M933.1M1.5B2.3B2.4B2.6B
Accumulated Other Comprehensive Income(923K)434K(2.0M)(10.9M)(2.0M)(2.1M)
Short Term Debt2.9M326.0M86.1M90.9M5.2M5.0M
Other Liab129.5M162.0M257.7M401.9M462.2M485.3M
Other Assets119.2M147.8M241.2M317.4M365.0M383.2M
Long Term Debt102.7M4.9M951.6M1.2B1.3B1.4B
Intangible Assets30.6M28.8M97.8M99.5M68.5M72.0M
Property Plant Equipment28.9M43.0M96.6M111.4M128.1M134.5M
Net Tangible Assets216.9M430.4M151.2M512.5M589.3M618.8M
Retained Earnings Total Equity(185.2M)(51.2M)(405.7M)17.3M15.6M16.4M
Capital Surpluse458.3M534.7M837.9M819.1M942.0M989.1M
Non Current Liabilities Other11.8M17.0M16.5M43.5M51.0M26.4M
Short Long Term Debt2.9M326.0M86.1M90.9M104.5M80.0M

Currently Active Assets on Macroaxis

When determining whether Enphase Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enphase Energy'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 Enphase Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enphase Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is Enphase Energy'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 Enphase Energy. If investors know Enphase 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 Enphase Energy 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
(0.87)
Earnings Share
1.94
Revenue Per Share
13.425
Quarterly Revenue Growth
(0.64)
Return On Assets
0.0503
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy'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 Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy'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 Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy'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.