ESCO Short Long Term Debt vs Accumulated Depreciation Analysis

ESE Stock  USD 109.13  1.03  0.95%   
ESCO Technologies financial indicator trend analysis is much more than just examining ESCO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESCO Technologies is a good investment. Please check the relationship between ESCO Technologies Short Long Term Debt and its Accumulated Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESCO Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.

Short Long Term Debt vs Accumulated Depreciation

Short Long Term Debt vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESCO Technologies Short Long Term Debt account and Accumulated Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ESCO Technologies' Short Long Term Debt and Accumulated Depreciation is -0.38. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of ESCO Technologies, assuming nothing else is changed. The correlation between historical values of ESCO Technologies' Short Long Term Debt and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of ESCO Technologies are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Short Long Term Debt i.e., ESCO Technologies' Short Long Term Debt and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for ESCO Technologies fixed asset that has been charged to ESCO Technologies expense since that asset was acquired and made available for ESCO Technologies use. The accumulated depreciation account is ESCO Technologies asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by ESCO Technologies.
Most indicators from ESCO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESCO Technologies 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 ESCO Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.At present, ESCO Technologies' Enterprise Value Multiple is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.7 B, whereas Discontinued Operations is projected to grow to (656.6 K).
 2021 2022 2023 2024 (projected)
Gross Profit332.0M375.7M432.0M453.6M
Total Revenue857.5M956.0M1.1B599.8M

ESCO Technologies fundamental ratios Correlations

0.420.460.970.970.950.310.670.50.99-0.180.50.920.620.430.92-0.15-0.530.890.850.96-0.030.940.960.490.5
0.420.570.310.190.320.970.390.440.460.060.440.270.220.980.15-0.33-0.430.760.320.280.120.50.30.430.43
0.460.570.480.350.350.520.560.40.470.40.40.250.40.630.27-0.14-0.40.570.350.390.310.370.40.50.49
0.970.310.480.960.910.190.650.480.95-0.030.480.890.610.320.9-0.07-0.460.840.80.970.10.870.930.430.45
0.970.190.350.960.960.090.650.410.95-0.250.410.940.580.210.96-0.05-0.440.750.860.96-0.120.910.960.40.42
0.950.320.350.910.960.230.70.410.93-0.340.410.960.420.320.950.05-0.330.780.910.94-0.290.970.90.290.3
0.310.970.520.190.090.230.340.210.350.090.210.20.140.930.09-0.26-0.30.660.230.190.130.420.170.310.31
0.670.390.560.650.650.70.340.310.62-0.30.310.760.280.420.70.18-0.170.580.560.71-0.210.690.590.220.22
0.50.440.40.480.410.410.210.310.53-0.091.00.30.330.530.24-0.34-0.610.570.40.390.010.450.540.580.58
0.990.460.470.950.950.930.350.620.53-0.190.530.880.650.490.87-0.25-0.610.910.860.910.00.940.970.570.58
-0.180.060.4-0.03-0.25-0.340.09-0.3-0.09-0.19-0.09-0.360.050.03-0.32-0.020.07-0.01-0.3-0.120.67-0.39-0.24-0.02-0.02
0.50.440.40.480.410.410.210.311.00.53-0.090.30.330.530.24-0.34-0.610.570.40.390.010.450.540.580.58
0.920.270.250.890.940.960.20.760.30.88-0.360.30.430.250.970.08-0.270.740.790.96-0.250.920.860.220.24
0.620.220.40.610.580.420.140.280.330.650.050.330.430.310.48-0.61-0.780.580.330.510.430.440.710.830.84
0.430.980.630.320.210.320.930.420.530.490.030.530.250.310.15-0.42-0.550.760.320.270.150.490.350.560.56
0.920.150.270.90.960.950.090.70.240.87-0.320.240.970.480.150.1-0.270.690.80.95-0.230.890.870.230.24
-0.15-0.33-0.14-0.07-0.050.05-0.260.18-0.34-0.25-0.02-0.340.08-0.61-0.420.10.89-0.310.10.06-0.38-0.06-0.32-0.85-0.85
-0.53-0.43-0.4-0.46-0.44-0.33-0.3-0.17-0.61-0.610.07-0.61-0.27-0.78-0.55-0.270.89-0.61-0.29-0.32-0.31-0.42-0.68-0.98-0.98
0.890.760.570.840.750.780.660.580.570.91-0.010.570.740.580.760.69-0.31-0.610.70.80.140.860.820.570.58
0.850.320.350.80.860.910.230.560.40.86-0.30.40.790.330.320.80.1-0.290.70.79-0.280.890.80.270.27
0.960.280.390.970.960.940.190.710.390.91-0.120.390.960.510.270.950.06-0.320.80.79-0.080.880.890.280.29
-0.030.120.310.1-0.12-0.290.13-0.210.010.00.670.01-0.250.430.15-0.23-0.38-0.310.14-0.28-0.08-0.24-0.010.360.36
0.940.50.370.870.910.970.420.690.450.94-0.390.450.920.440.490.89-0.06-0.420.860.890.88-0.240.880.370.38
0.960.30.40.930.960.90.170.590.540.97-0.240.540.860.710.350.87-0.32-0.680.820.80.89-0.010.880.630.65
0.490.430.50.430.40.290.310.220.580.57-0.020.580.220.830.560.23-0.85-0.980.570.270.280.360.370.631.0
0.50.430.490.450.420.30.310.220.580.58-0.020.580.240.840.560.24-0.85-0.980.580.270.290.360.380.651.0
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ESCO Technologies Account Relationship Matchups

ESCO Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.7B1.7B1.9B2.0B
Short Long Term Debt Total79.2M182.0M177.9M138.6M159.3M102.8M
Other Current Liab82.6M92.3M94.4M95.4M109.7M60.7M
Total Current Liabilities256.0M277.8M318.1M314.7M361.8M379.9M
Total Stockholder Equity961.6M1.0B1.0B1.1B1.3B1.4B
Property Plant And Equipment Net161.3M186.1M185.1M195.3M224.6M235.9M
Net Debt26.6M125.8M80.1M96.7M111.2M57.5M
Accounts Payable50.5M56.7M78.7M87.0M100.0M51.4M
Cash52.6M56.2M97.7M41.9M48.1M39.2M
Non Current Assets Total926.9M1.1B1.1B1.1B1.3B1.3B
Non Currrent Assets Other10.9M11.0M9.5M11.5M10.3M9.8M
Cash And Short Term Investments52.6M56.2M97.7M41.9M48.1M39.2M
Net Receivables240.8M240.1M289.8M337.2M387.8M407.2M
Common Stock Shares Outstanding26.1M26.2M26.1M25.9M29.8M27.9M
Liabilities And Stockholders Equity1.4B1.6B1.7B1.7B1.9B2.0B
Non Current Liabilities Total155.9M279.9M288.2M237.4M273.0M152.4M
Inventory136.2M147.1M162.4M184.1M211.7M222.3M
Other Current Assets17.1M22.7M22.7M18.0M20.7M18.1M
Other Stockholder Equity186.5M190.6M174.6M165.5M148.9M185.5M
Total Liab411.9M557.6M606.3M552.1M634.9M666.6M
Property Plant And Equipment Gross161.3M301.8M185.1M195.3M224.6M235.9M
Total Current Assets446.6M466.2M572.6M581.1M668.3M701.7M
Accumulated Other Comprehensive Income(3.7M)(2.2M)(31.8M)(24.0M)(27.6M)(28.9M)
Intangible Assets346.6M409.3M394.5M392.1M450.9M473.5M
Retained Earnings778.4M831.0M905.0M989.3M1.1B1.2B
Other Liab70.8M117.9M130.3M100.5M115.5M66.7M
Other Assets10.9M11.0M9.5M11.5M10.3M13.3M
Long Term Debt40M134M133M82M94.3M102.0M
Good Will408.1M504.9M492.7M503.2M578.7M311.3M
Treasury Stock(107.4M)(107.3M)(107.1M)(107.1M)(96.4M)(101.2M)
Property Plant Equipment139.9M186.1M185.1M195.3M224.6M114.0M
Current Deferred Revenue100.6M108.8M125.0M112.3M129.1M135.6M
Net Tangible Assets206.9M105.6M161.0M235.8M271.2M284.8M
Long Term Debt Total293.4M40M134M133M153.0M132.1M
Capital Surpluse292.4M293.7M297.6M301.6M346.8M316.4M

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When determining whether ESCO Technologies is a strong investment it is important to analyze ESCO Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ESCO Technologies' future performance. For an informed investment choice regarding ESCO Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESCO Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is ESCO Technologies' 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 ESCO Technologies. If investors know ESCO 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 ESCO Technologies 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
(0.10)
Dividend Share
0.32
Earnings Share
3.81
Revenue Per Share
38.352
Quarterly Revenue Growth
0.088
The market value of ESCO Technologies is measured differently than its book value, which is the value of ESCO that is recorded on the company's balance sheet. Investors also form their own opinion of ESCO Technologies' value that differs from its market value or its book value, called intrinsic value, which is ESCO Technologies' 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 ESCO Technologies' market value can be influenced by many factors that don't directly affect ESCO Technologies' 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 ESCO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ESCO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESCO Technologies' 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.