Enova Total Liab vs Cash And Short Term Investments Analysis

ENVA Stock

USD 61.65 0.73 1.20%

Enova International financial indicator trend analysis is much more than just examining Enova International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enova International is a good investment. Please check the relationship between Enova International Total Liab and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.

Total Liab vs Cash And Short Term Investments

Total Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enova International Total Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Enova International's Total Liab and Cash And Short Term Investments is 0.83. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Enova International, assuming nothing else is changed. The correlation between historical values of Enova International's Total Liab and Cash And Short Term Investments 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 Liab of Enova International are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Liab i.e., Enova International's Total Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Enova International balance sheet. This account contains Enova International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Enova International fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Enova International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enova International 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 Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.As of May 31, 2024, Selling General Administrative is expected to decline to about 121.5 M. In addition to that, Tax Provision is expected to decline to about 45.2 M

	2021	2022	2023	2024 (projected)
Gross Profit	947.8M	1.1B	1.0B	562.2M
Total Revenue	1.2B	1.7B	2.1B	2.2B

Gross Profit Total Revenue

Enova International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Other Liab	Current Deferred Revenue	Long Term Debt	Net Receivables
Total Assets		0.99	0.96	0.78	0.98	0.99	0.85	0.81	0.56	0.97	0.85	0.88	0.34	0.98	-0.87	0.99	0.94	1.0	0.66	0.95	0.1	0.37	0.95	0.0	0.99	1.0
Short Long Term Debt Total	0.99		0.92	0.71	1.0	0.96	0.83	0.73	0.53	0.97	0.83	0.88	0.31	0.99	-0.92	1.0	0.95	0.99	0.55	0.95	0.09	0.28	0.94	0.08	1.0	0.99
Total Stockholder Equity	0.96	0.92		0.87	0.9	0.99	0.84	0.91	0.59	0.93	0.84	0.82	0.38	0.92	-0.72	0.92	0.87	0.96	0.82	0.89	0.09	0.52	0.91	-0.15	0.91	0.95
Property Plant And Equipment Net	0.78	0.71	0.87		0.69	0.83	0.69	0.97	0.54	0.72	0.69	0.75	0.08	0.71	-0.45	0.71	0.67	0.77	0.88	0.68	0.12	0.65	0.72	-0.27	0.69	0.75
Net Debt	0.98	1.0	0.9	0.69		0.94	0.78	0.72	0.53	0.96	0.78	0.87	0.32	0.99	-0.92	1.0	0.92	0.98	0.54	0.93	0.1	0.3	0.93	0.04	1.0	0.99
Retained Earnings	0.99	0.96	0.99	0.83	0.94		0.85	0.87	0.57	0.97	0.85	0.84	0.36	0.95	-0.8	0.96	0.91	0.98	0.76	0.93	0.1	0.44	0.94	-0.09	0.95	0.98
Cash	0.85	0.83	0.84	0.69	0.78	0.85		0.68	0.48	0.87	1.0	0.78	0.18	0.82	-0.71	0.83	0.94	0.85	0.54	0.87	0.07	0.07	0.78	0.35	0.83	0.82
Non Current Assets Total	0.81	0.73	0.91	0.97	0.72	0.87	0.68		0.62	0.75	0.68	0.76	0.22	0.75	-0.48	0.74	0.67	0.8	0.93	0.71	0.07	0.71	0.75	-0.35	0.71	0.79
Non Currrent Assets Other	0.56	0.53	0.59	0.54	0.53	0.57	0.48	0.62		0.44	0.48	0.63	0.25	0.49	-0.3	0.54	0.5	0.58	0.42	0.51	0.37	0.48	0.4	-0.02	0.5	0.53
Other Assets	0.97	0.97	0.93	0.72	0.96	0.97	0.87	0.75	0.44		0.87	0.83	0.27	0.96	-0.9	0.97	0.95	0.97	0.63	0.98	0.12	0.22	0.95	0.05	0.97	0.97
Cash And Short Term Investments	0.85	0.83	0.84	0.69	0.78	0.85	1.0	0.68	0.48	0.87		0.78	0.18	0.82	-0.71	0.83	0.94	0.85	0.54	0.87	0.07	0.07	0.78	0.35	0.83	0.82
Good Will	0.88	0.88	0.82	0.75	0.87	0.84	0.78	0.76	0.63	0.83	0.78		0.17	0.87	-0.79	0.88	0.87	0.88	0.55	0.82	0.14	0.25	0.78	0.17	0.87	0.87
Common Stock Shares Outstanding	0.34	0.31	0.38	0.08	0.32	0.36	0.18	0.22	0.25	0.27	0.18	0.17		0.33	-0.18	0.32	0.24	0.34	0.3	0.21	-0.15	0.32	0.37	-0.17	0.31	0.35
Non Current Liabilities Total	0.98	0.99	0.92	0.71	0.99	0.95	0.82	0.75	0.49	0.96	0.82	0.87	0.33		-0.91	0.99	0.94	0.98	0.58	0.92	-0.04	0.31	0.94	0.06	0.99	0.99
Other Stockholder Equity	-0.87	-0.92	-0.72	-0.45	-0.92	-0.8	-0.71	-0.48	-0.3	-0.9	-0.71	-0.79	-0.18	-0.91		-0.91	-0.87	-0.87	-0.3	-0.88	-0.01	0.01	-0.87	-0.22	-0.93	-0.89
Total Liab	0.99	1.0	0.92	0.71	1.0	0.96	0.83	0.74	0.54	0.97	0.83	0.88	0.32	0.99	-0.91		0.95	0.99	0.56	0.95	0.1	0.29	0.94	0.07	1.0	0.99
Property Plant And Equipment Gross	0.94	0.95	0.87	0.67	0.92	0.91	0.94	0.67	0.5	0.95	0.94	0.87	0.24	0.94	-0.87	0.95		0.94	0.49	0.94	0.11	0.09	0.88	0.32	0.95	0.93
Total Current Assets	1.0	0.99	0.96	0.77	0.98	0.98	0.85	0.8	0.58	0.97	0.85	0.88	0.34	0.98	-0.87	0.99	0.94		0.64	0.95	0.11	0.36	0.94	0.01	0.99	1.0
Intangible Assets	0.66	0.55	0.82	0.88	0.54	0.76	0.54	0.93	0.42	0.63	0.54	0.55	0.3	0.58	-0.3	0.56	0.49	0.64		0.56	0.01	0.72	0.64	-0.52	0.54	0.64
Other Current Liab	0.95	0.95	0.89	0.68	0.93	0.93	0.87	0.71	0.51	0.98	0.87	0.82	0.21	0.92	-0.88	0.95	0.94	0.95	0.56		0.26	0.15	0.92	0.09	0.95	0.94
Total Current Liabilities	0.1	0.09	0.09	0.12	0.1	0.1	0.07	0.07	0.37	0.12	0.07	0.14	-0.15	-0.04	-0.01	0.1	0.11	0.11	0.01	0.26		-0.08	0.02	-0.02	0.08	0.08
Accounts Payable	0.37	0.28	0.52	0.65	0.3	0.44	0.07	0.71	0.48	0.22	0.07	0.25	0.32	0.31	0.01	0.29	0.09	0.36	0.72	0.15	-0.08		0.32	-0.75	0.26	0.36
Other Liab	0.95	0.94	0.91	0.72	0.93	0.94	0.78	0.75	0.4	0.95	0.78	0.78	0.37	0.94	-0.87	0.94	0.88	0.94	0.64	0.92	0.02	0.32		-0.06	0.94	0.95
Current Deferred Revenue	0.0	0.08	-0.15	-0.27	0.04	-0.09	0.35	-0.35	-0.02	0.05	0.35	0.17	-0.17	0.06	-0.22	0.07	0.32	0.01	-0.52	0.09	-0.02	-0.75	-0.06		0.09	-0.02
Long Term Debt	0.99	1.0	0.91	0.69	1.0	0.95	0.83	0.71	0.5	0.97	0.83	0.87	0.31	0.99	-0.93	1.0	0.95	0.99	0.54	0.95	0.08	0.26	0.94	0.09		0.99
Net Receivables	1.0	0.99	0.95	0.75	0.99	0.98	0.82	0.79	0.53	0.97	0.82	0.87	0.35	0.99	-0.89	0.99	0.93	1.0	0.64	0.94	0.08	0.36	0.95	-0.02	0.99

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Enova International Account Relationship Matchups

Enova International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.1B	2.8B	3.8B	4.6B	4.8B
Short Long Term Debt Total	1.0B	1.0B	1.4B	2.3B	3.0B	3.1B
Total Stockholder Equity	376.6M	917.3M	1.1B	1.2B	1.2B	1.3B
Property Plant And Equipment Net	74.1M	119.5M	101.5M	112.6M	123.0M	68.5M
Net Debt	979.5M	717.1M	1.3B	2.2B	2.6B	2.7B
Retained Earnings	372.7M	849.5M	1.1B	1.3B	1.5B	1.6B
Cash	47.3M	297.3M	165.5M	100.2M	377.4M	396.3M
Non Current Assets Total	354.8M	457.1M	467.5M	474.0M	462.8M	390.8M
Non Currrent Assets Other	11.5M	43.5M	51.3M	54.7M	83.4M	87.5M
Other Assets	4.8M	1.4B	2.2B	3.2B	4.6B	4.8B
Cash And Short Term Investments	47.3M	297.3M	165.5M	100.2M	377.4M	396.3M
Common Stock Shares Outstanding	34.4M	32.3M	37.7M	33.5M	31.9M	36.9M
Liabilities And Stockholders Equity	1.6B	2.1B	2.8B	3.8B	4.6B	4.8B
Non Current Liabilities Total	1.1B	1.1B	1.5B	2.4B	3.1B	3.2B
Other Stockholder Equity	7.0M	74.8M	(4.2M)	(121.1M)	(241.9M)	(229.8M)
Total Liab	1.2B	1.2B	1.7B	2.6B	3.3B	3.5B
Property Plant And Equipment Gross	74.1M	119.5M	101.5M	112.6M	254.1M	266.8M
Total Current Assets	1.2B	1.7B	2.3B	3.3B	4.1B	4.3B
Accumulated Other Comprehensive Income	(3.1M)	(6.9M)	(8.5M)	(6.0M)	(6.3M)	(6.6M)
Intangible Assets	2.2M	26.0M	35.4M	27.4M	19.0M	9.8M
Other Current Liab	(12.8M)	39.0M	44.1M	87.7M	135.2M	142.0M
Total Current Liabilities	122.2M	126.7M	156.1M	198.3M	261.2M	135.5M
Accounts Payable	122.2M	124.1M	156.1M	198.3M	43.3M	41.2M
Other Liab	48.7M	48.1M	86.9M	104.2M	119.8M	125.8M
Current Deferred Revenue	11.3M	2.2M	(72.5M)	(119.5M)	60.3M	63.3M
Long Term Debt	991.2M	946.5M	1.4B	2.3B	2.9B	3.1B
Net Receivables	1.1B	1.3B	2.1B	3.1B	3.7B	3.9B
Other Current Assets	(1.2B)	(1.6B)	(2.2B)	78.2M	(4.1B)	(3.8B)
Short Term Debt	1.5M	38.6M	28.3M	31.8M	22.3M	21.2M
Property Plant Equipment	54.5M	79.4M	101.5M	93.2M	107.2M	63.7M
Net Tangible Assets	107.4M	623.4M	778.3M	879.5M	1.0B	1.1B
Retained Earnings Total Equity	372.7M	849.5M	1.1B	1.3B	1.5B	1.6B
Deferred Long Term Liab	48.7M	48.1M	86.9M	104.2M	119.8M	125.8M
Long Term Investments	1.1B	1.2B	2.0B	3.0B	3.5B	3.6B
Short Long Term Debt	5.3M	2.2M	1.5M	29.7M	26.8M	25.4M
Treasury Stock	(56.8M)	(113.2M)	(229.9M)	(372.9M)	(335.6M)	(318.9M)
Long Term Debt Total	991.2M	946.5M	1.4B	2.3B	2.6B	2.7B

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When determining whether Enova International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enova International'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 Enova International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enova International Stock:

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Enova International's price analysis, check to measure Enova International'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 Enova International is operating at the current time. Most of Enova International's value examination focuses on studying past and present price action to predict the probability of Enova International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enova International's price. Additionally, you may evaluate how the addition of Enova International to your portfolios can decrease your overall portfolio volatility.

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Is Enova International'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 Enova International. If investors know Enova 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 Enova International 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

0.051

Earnings Share

5.61

Revenue Per Share

35.897

Quarterly Revenue Growth

0.155

Return On Assets

0.0407

The market value of Enova International is measured differently than its book value, which is the value of Enova that is recorded on the company's balance sheet. Investors also form their own opinion of Enova International's value that differs from its market value or its book value, called intrinsic value, which is Enova International'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 Enova International's market value can be influenced by many factors that don't directly affect Enova International'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 Enova International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enova International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enova International'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.

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Enova Total Liab vs Cash And Short Term Investments Analysis

Total Liab vs Cash And Short Term Investments

Total Liab vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Liab

Cash And Short Term Investments

Enova International fundamental ratios Correlations

Enova International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enova International fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt

Long Term Debt	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.92	Net Debt
Other Stockholder Equity	- 0.92	Short Long Term Debt Total
Total Liab	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Non Current Liabilities Total
Other Stockholder Equity	- 0.9	Other Assets