Enstar Good Will vs Common Stock Analysis

ESGR Stock

USD 288.30 1.89 0.65%

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

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enstar Group Limited Good Will account and Common Stock. At this time, the significance of the direction appears to have no relationship.

The correlation between Enstar Group's Good Will and Common Stock is 0.01. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock in the same time period over historical financial statements of Enstar Group Limited, assuming nothing else is changed. The correlation between historical values of Enstar Group's Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Enstar Group Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., Enstar Group's Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock

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

At this time, Enstar Group's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 04/28/2024, Enterprise Value Multiple is likely to grow to 309.60, while Discontinued Operations is likely to drop slightly above 11.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	68M	89M	90M	94.5M
Depreciation And Amortization	74M	49M	113M	118.7M

Interest Expense Depreciation And Amortization

Enstar Group fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Common Stock	Other Current Liab	Total Current Liabilities	Accounts Payable	Net Receivables	Other Liab	Good Will	Short Term Investments
Common Stock Shares Outstanding		0.63	0.3	0.61	0.52	0.09	0.38	0.5	0.2	-0.5	0.29	0.19	0.11	0.71	0.61	0.49	0.65	0.56	-0.18	-0.22	-0.17	0.79	0.94	0.37	0.77	0.3
Total Assets	0.63		0.91	0.97	0.73	0.7	0.93	0.6	0.79	0.19	0.11	0.85	0.68	0.02	1.0	0.5	0.64	0.58	0.36	0.32	0.38	0.22	0.55	0.93	0.56	0.65
Short Long Term Debt Total	0.3	0.91		0.88	0.62	0.89	0.94	0.39	0.84	0.47	0.09	0.92	0.74	-0.3	0.92	0.32	0.39	0.37	0.53	0.49	0.54	-0.13	0.25	0.96	0.35	0.64
Total Stockholder Equity	0.61	0.97	0.88		0.7	0.68	0.95	0.53	0.83	0.24	-0.02	0.85	0.76	0.0	0.95	0.44	0.69	0.52	0.45	0.41	0.46	0.22	0.53	0.93	0.48	0.59
Property Plant And Equipment Net	0.52	0.73	0.62	0.7		0.35	0.69	0.62	0.62	0.22	0.17	0.6	0.57	-0.03	0.73	0.84	0.31	0.79	0.45	0.41	0.45	0.23	0.45	0.71	0.41	0.22
Net Debt	0.09	0.7	0.89	0.68	0.35		0.76	-0.07	0.76	0.5	0.02	0.73	0.67	-0.37	0.71	0.05	0.16	0.07	0.56	0.53	0.58	-0.29	0.13	0.8	0.28	0.45
Retained Earnings	0.38	0.93	0.94	0.95	0.69	0.76		0.5	0.89	0.49	-0.02	0.95	0.83	-0.29	0.92	0.38	0.52	0.41	0.6	0.57	0.62	-0.06	0.29	0.97	0.29	0.58
Cash	0.5	0.6	0.39	0.53	0.62	-0.07	0.5		0.29	-0.04	0.17	0.54	0.2	0.13	0.6	0.65	0.57	0.7	-0.04	-0.07	-0.05	0.35	0.3	0.46	0.22	0.54
Non Current Assets Total	0.2	0.79	0.84	0.83	0.62	0.76	0.89	0.29		0.59	-0.39	0.86	0.94	-0.4	0.77	0.28	0.48	0.3	0.7	0.68	0.71	-0.18	0.19	0.91	0.29	0.42
Non Currrent Assets Other	-0.5	0.19	0.47	0.24	0.22	0.5	0.49	-0.04	0.59		-0.22	0.56	0.72	-0.95	0.2	-0.08	-0.27	-0.21	0.89	0.9	0.88	-0.8	-0.51	0.52	-0.31	-0.08
Other Assets	0.29	0.11	0.09	-0.02	0.17	0.02	-0.02	0.17	-0.39	-0.22		-0.12	-0.38	0.24	0.15	0.27	-0.35	0.24	-0.17	-0.19	-0.16	0.19	0.24	-0.01	0.24	-0.04
Cash And Short Term Investments	0.19	0.85	0.92	0.85	0.6	0.73	0.95	0.54	0.86	0.56	-0.12		0.78	-0.43	0.85	0.29	0.49	0.33	0.54	0.51	0.55	-0.21	0.08	0.92	0.1	0.7
Non Current Liabilities Total	0.11	0.68	0.74	0.76	0.57	0.67	0.83	0.2	0.94	0.72	-0.38	0.78		-0.51	0.65	0.21	0.36	0.19	0.86	0.85	0.87	-0.27	0.11	0.86	0.22	0.18
Other Stockholder Equity	0.71	0.02	-0.3	0.0	-0.03	-0.37	-0.29	0.13	-0.4	-0.95	0.24	-0.43	-0.51		0.01	0.21	0.4	0.35	-0.72	-0.74	-0.71	0.9	0.71	-0.3	0.52	0.08
Total Liab	0.61	1.0	0.92	0.95	0.73	0.71	0.92	0.6	0.77	0.2	0.15	0.85	0.65	0.01		0.5	0.61	0.58	0.35	0.3	0.36	0.2	0.53	0.93	0.57	0.66
Property Plant And Equipment Gross	0.49	0.5	0.32	0.44	0.84	0.05	0.38	0.65	0.28	-0.08	0.27	0.29	0.21	0.21	0.5		0.23	0.94	0.12	0.08	0.12	0.41	0.45	0.4	0.43	0.14
Total Current Assets	0.65	0.64	0.39	0.69	0.31	0.16	0.52	0.57	0.48	-0.27	-0.35	0.49	0.36	0.4	0.61	0.23		0.41	-0.13	-0.16	-0.12	0.54	0.56	0.46	0.39	0.65
Common Stock Total Equity	0.56	0.58	0.37	0.52	0.79	0.07	0.41	0.7	0.3	-0.21	0.24	0.33	0.19	0.35	0.58	0.94	0.41		0.0	-0.04	0.0	0.53	0.49	0.43	0.48	0.27
Common Stock	-0.18	0.36	0.53	0.45	0.45	0.56	0.6	-0.04	0.7	0.89	-0.17	0.54	0.86	-0.72	0.35	0.12	-0.13	0.0		1.0	1.0	-0.52	-0.15	0.64	0.01	-0.21
Other Current Liab	-0.22	0.32	0.49	0.41	0.41	0.53	0.57	-0.07	0.68	0.9	-0.19	0.51	0.85	-0.74	0.3	0.08	-0.16	-0.04	1.0		1.0	-0.55	-0.18	0.61	-0.02	-0.24
Total Current Liabilities	-0.17	0.38	0.54	0.46	0.45	0.58	0.62	-0.05	0.71	0.88	-0.16	0.55	0.87	-0.71	0.36	0.12	-0.12	0.0	1.0	1.0		-0.51	-0.14	0.65	0.02	-0.2
Accounts Payable	0.79	0.22	-0.13	0.22	0.23	-0.29	-0.06	0.35	-0.18	-0.8	0.19	-0.21	-0.27	0.9	0.2	0.41	0.54	0.53	-0.52	-0.55	-0.51		0.74	-0.09	0.55	0.13
Net Receivables	0.94	0.55	0.25	0.53	0.45	0.13	0.29	0.3	0.19	-0.51	0.24	0.08	0.11	0.71	0.53	0.45	0.56	0.49	-0.15	-0.18	-0.14	0.74		0.33	0.86	0.17
Other Liab	0.37	0.93	0.96	0.93	0.71	0.8	0.97	0.46	0.91	0.52	-0.01	0.92	0.86	-0.3	0.93	0.4	0.46	0.43	0.64	0.61	0.65	-0.09	0.33		0.41	0.51
Good Will	0.77	0.56	0.35	0.48	0.41	0.28	0.29	0.22	0.29	-0.31	0.24	0.1	0.22	0.52	0.57	0.43	0.39	0.48	0.01	-0.02	0.02	0.55	0.86	0.41		0.07
Short Term Investments	0.3	0.65	0.64	0.59	0.22	0.45	0.58	0.54	0.42	-0.08	-0.04	0.7	0.18	0.08	0.66	0.14	0.65	0.27	-0.21	-0.24	-0.2	0.13	0.17	0.51	0.07

Click cells to compare fundamentals

Enstar Group Account Relationship Matchups

Enstar Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	21.5M	21.8M	19.8M	17.2M	15.8M	17.9M
Total Assets	19.4B	21.6B	24.4B	22.2B	20.0B	21.0B
Short Long Term Debt Total	1.2B	1.4B	1.7B	2.3B	1.8B	1.9B
Total Stockholder Equity	4.8B	6.7B	6.1B	4.7B	5.5B	5.8B
Net Debt	488.1M	472.1M	45M	1.5B	1.0B	1.1B
Retained Earnings	2.9B	4.6B	5.1B	4.4B	5.2B	5.4B
Cash	703.1M	901.2M	1.6B	822M	830M	678.0M
Non Current Assets Total	10.9B	11.1B	14.9B	11.3B	18.5B	19.4B
Non Currrent Assets Other	(9.5B)	(10.9B)	(11.1B)	(63M)	14.5B	15.2B
Other Assets	2.3B	3.3B	418M	10.0B	2.6B	3.0B
Cash And Short Term Investments	2.8B	4.6B	7.3B	6.1B	5.9B	6.2B
Liabilities And Stockholders Equity	19.4B	21.6B	24.4B	22.2B	20.0B	21.0B
Non Current Liabilities Total	1.2B	1.2B	1.7B	593M	2.9B	3.0B
Other Stockholder Equity	1.4B	1.4B	500M	344M	(354M)	(336.3M)
Total Liab	14.1B	14.6B	17.9B	17.2B	14.3B	15.0B
Total Current Assets	6.2B	7.3B	9.1B	836M	1.5B	1.7B
Accumulated Other Comprehensive Income	7.2M	80.7M	(16M)	(575M)	(336M)	(319.2M)
Common Stock Total Equity	18.0M	18.6M	18M	17M	19.6M	11.1M
Common Stock	18.0M	18.6M	17M	16M	525M	551.3M
Other Current Liab	(373.2M)	(679.4M)	(254M)	(593M)	11.4B	12.0B
Total Current Liabilities	373.2M	679.4M	254M	593M	11.4B	12.0B
Accounts Payable	373.2M	494.4M	254M	100M	43M	40.9M
Net Receivables	3.4B	2.7B	1.7B	1.3B	1.2B	1.5B
Other Liab	11.7B	12.2B	16.0B	15.2B	17.5B	18.4B
Short Term Investments	2.1B	3.7B	5.7B	5.3B	417M	396.2M
Long Term Debt	1.2B	1.4B	1.7B	1.8B	1.8B	1.9B
Other Current Assets	2.1B	1.9B	2.3B	1.9B	1.5B	2.4B
Net Tangible Assets	4.6B	6.5B	6.0B	4.4B	5.0B	4.0B
Noncontrolling Interest In Consolidated Entity	14.2M	13.6M	230M	96M	86.4M	76.3M
Retained Earnings Total Equity	2.9B	4.6B	5.1B	4.4B	5.1B	2.8B
Long Term Debt Total	1.2B	1.4B	1.7B	1.8B	2.1B	2.2B
Capital Surpluse	1.8B	1.8B	922M	766M	880.9M	1.5B
Deferred Long Term Liab	16.1M	238.6M	371M	658M	756.7M	794.5M

Pair Trading with Enstar Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enstar Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enstar Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enstar Stock

0.7

AIG

American International Financial Report 2nd of May 2024

Pair Corr

Moving against Enstar Stock

0.56

DHIL

Diamond Hill Investment

Pair Corr

The ability to find closely correlated positions to Enstar Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enstar Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enstar Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enstar Group Limited to buy it.

The correlation of Enstar Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enstar Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enstar Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Enstar Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Enstar Group Limited is a strong investment it is important to analyze Enstar Group's 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 Enstar Group's future performance. For an informed investment choice regarding Enstar Stock, refer to the following important reports:

How To Invest In Enstar

Details

Is Enstar Stock a good investment?

Details

What is Enstar Group's Net Worth?

Details

Largest Insurance - Diversified Companies

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

Note that the Enstar Group Limited information on this page should be used as a complementary analysis to other Enstar Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Enstar Stock analysis

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

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Is Enstar Group'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 Enstar Group. If investors know Enstar 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 Enstar Group 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

1.994

Earnings Share

68.47

Revenue Per Share

73.824

Quarterly Revenue Growth

1.353

Return On Assets

0.0223

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

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

Correlation Coefficient

Good Will

Common Stock

Enstar Group fundamental ratios Correlations

Enstar Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enstar Group fundamental ratios Accounts

Pair Trading with Enstar Group

Moving together with Enstar Stock

Moving against Enstar Stock

Complementary Tools for Enstar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Other Current Liab	+ 1.0	Common Stock
Total Current Liabilities	+ 1.0	Common Stock
Total Current Liabilities	+ 1.0	Other Current Liab
Total Stockholder Equity	+ 0.97	Total Assets
Other Liab	+ 0.97	Retained Earnings

Other Stockholder Equity	- 0.95	Non Currrent Assets Other
Accounts Payable	- 0.8	Non Currrent Assets Other
Other Current Liab	- 0.74	Other Stockholder Equity
Common Stock	- 0.72	Other Stockholder Equity
Total Current Liabilities	- 0.71	Other Stockholder Equity
Accounts Payable	- 0.55	Other Current Liab