Energy Net Invested Capital vs Accumulated Depreciation Analysis

ESOA Stock  USD 6.23  0.16  2.50%   
Energy Services financial indicator trend analysis is much more than just examining Energy Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Services is a good investment. Please check the relationship between Energy Services Net Invested Capital and its Accumulated Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.

Net Invested Capital vs Accumulated Depreciation

Net Invested Capital vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Services Net Invested Capital account and Accumulated Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Energy Services' Net Invested Capital and Accumulated Depreciation is -0.39. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Energy Services, assuming nothing else is changed. The correlation between historical values of Energy Services' Net Invested Capital 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 Net Invested Capital of Energy Services 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 Net Invested Capital i.e., Energy Services' Net Invested Capital and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Energy Services fixed asset that has been charged to Energy Services expense since that asset was acquired and made available for Energy Services use. The accumulated depreciation account is Energy Services 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 Energy Services.
Most indicators from Energy Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Services 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 Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.At present, Energy Services' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 3.6 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.000076.
 2021 2022 2023 2024 (projected)
Gross Profit22.4M36.8M42.3M44.5M
Total Revenue197.6M304.1M349.7M367.2M

Energy Services fundamental ratios Correlations

0.810.830.830.510.830.790.390.770.770.160.270.250.83-0.290.850.840.70.8-0.040.870.780.840.550.170.82
0.810.880.990.140.830.830.120.850.87-0.060.4-0.040.910.020.980.90.930.75-0.320.590.830.850.220.140.85
0.830.880.920.430.920.630.320.870.890.040.40.070.91-0.050.930.930.720.74-0.20.60.830.870.290.090.89
0.830.990.920.20.860.80.190.870.840.020.350.010.91-0.021.00.930.930.73-0.240.630.860.910.290.070.89
0.510.140.430.20.55-0.010.890.370.40.6-0.310.780.43-0.710.260.45-0.080.110.540.70.440.480.770.320.5
0.830.830.920.860.550.570.460.870.870.180.30.30.91-0.30.880.910.660.66-0.040.690.840.870.430.240.89
0.790.830.630.8-0.010.57-0.10.50.62-0.270.45-0.230.640.170.770.620.860.81-0.320.570.520.630.180.170.6
0.390.120.320.190.890.46-0.10.320.250.87-0.60.920.43-0.790.250.49-0.02-0.160.760.720.540.540.90.30.57
0.770.850.870.870.370.870.50.320.870.180.30.230.91-0.270.890.90.70.63-0.240.590.870.810.30.040.82
0.770.870.890.840.40.870.620.250.87-0.040.490.090.93-0.090.870.850.630.75-0.320.550.770.750.210.360.8
0.16-0.060.040.020.60.18-0.270.870.18-0.04-0.790.90.23-0.770.070.32-0.09-0.440.820.540.460.370.840.080.41
0.270.40.40.35-0.310.30.45-0.60.30.49-0.79-0.670.240.560.330.150.290.76-0.84-0.190.020.02-0.610.050.04
0.25-0.040.070.010.780.3-0.230.920.230.090.9-0.670.28-0.940.070.3-0.15-0.30.780.620.40.350.850.230.37
0.830.910.910.910.430.910.640.430.910.930.230.240.28-0.250.950.970.750.63-0.090.710.930.910.440.30.94
-0.290.02-0.05-0.02-0.71-0.30.17-0.79-0.27-0.09-0.770.56-0.94-0.25-0.08-0.250.110.19-0.66-0.59-0.32-0.31-0.77-0.14-0.29
0.850.980.931.00.260.880.770.250.890.870.070.330.070.95-0.080.960.90.72-0.210.660.890.920.330.120.92
0.840.90.930.930.450.910.620.490.90.850.320.150.30.97-0.250.960.780.580.010.740.970.960.510.150.99
0.70.930.720.93-0.080.660.86-0.020.70.63-0.090.29-0.150.750.110.90.780.64-0.280.510.720.780.18-0.020.74
0.80.750.740.730.110.660.81-0.160.630.75-0.440.76-0.30.630.190.720.580.64-0.530.430.440.53-0.050.080.5
-0.04-0.32-0.2-0.240.54-0.04-0.320.76-0.24-0.320.82-0.840.78-0.09-0.66-0.210.01-0.28-0.530.40.070.170.770.120.14
0.870.590.60.630.70.690.570.720.590.550.54-0.190.620.71-0.590.660.740.510.430.40.740.80.870.290.78
0.780.830.830.860.440.840.520.540.870.770.460.020.40.93-0.320.890.970.720.440.070.740.910.560.130.96
0.840.850.870.910.480.870.630.540.810.750.370.020.350.91-0.310.920.960.780.530.170.80.910.610.150.97
0.550.220.290.290.770.430.180.90.30.210.84-0.610.850.44-0.770.330.510.18-0.050.770.870.560.610.250.6
0.170.140.090.070.320.240.170.30.040.360.080.050.230.3-0.140.120.15-0.020.080.120.290.130.150.250.2
0.820.850.890.890.50.890.60.570.820.80.410.040.370.94-0.290.920.990.740.50.140.780.960.970.60.2
Click cells to compare fundamentals

Energy Services Account Relationship Matchups

Energy Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.2M70.2M112.6M142.5M163.9M84.9M
Short Long Term Debt Total15.8M17.5M32.2M48.2M55.4M58.2M
Other Current Liab4.2M5.6M11.3M13.1M15.1M15.8M
Total Current Liabilities18.9M24.5M55.3M79.9M91.9M96.5M
Total Stockholder Equity25.8M34.6M38.3M34.6M31.1M26.4M
Other Liab1.9M2.3M2.0M4.5M5.1M5.4M
Net Debt4.6M9.2M24.8M31.7M36.5M19.2M
Retained Earnings(34.8M)(26.0M)(22.2M)(25.7M)(23.1M)(24.3M)
Cash11.2M8.2M7.4M16.4M18.9M19.8M
Long Term Debt11.2M9.0M13.5M18.9M21.7M22.8M
Cash And Short Term Investments11.2M8.2M7.4M16.4M14.8M15.5M
Common Stock Shares Outstanding17.2M13.6M16.3M16.7M19.2M16.0M
Liabilities And Stockholders Equity58.2M70.2M112.6M142.5M163.9M84.9M
Non Current Liabilities Total13.5M11.1M19.0M28.0M32.2M33.8M
Total Liab32.3M35.5M74.3M107.9M124.1M130.3M
Total Current Assets41.8M43.0M70.4M95.2M109.5M114.9M
Short Term Debt4.5M8.4M17.7M27.0M31.1M32.6M
Other Current Assets3.3M3.5M24.4M3.5M3.2M3.0M
Property Plant And Equipment Net16.4M23.0M34.3M39.9M45.8M23.2M
Current Deferred Revenue4.9M3.2M6.0M17.7M20.4M21.4M
Accounts Payable5.2M7.3M20.3M22.0M25.3M26.6M
Non Current Assets Total16.4M27.2M42.2M47.3M42.6M25.3M
Non Currrent Assets Other(2.3M)(27.2M)(42.2M)(1.9M)(2.1M)(2.2M)
Net Receivables27.2M31.2M59.0M75.2M86.5M90.8M
Property Plant Equipment16.8M16.4M23.0M34.3M30.8M15.9M
Net Tangible Assets24.7M25.8M30.4M30.4M34.9M25.8M
Property Plant And Equipment Gross16.4M61.1M75.3M87.7M100.8M53.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' 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 Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Energy Stock analysis

When running Energy Services' price analysis, check to measure Energy Services' 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 Energy Services is operating at the current time. Most of Energy Services' value examination focuses on studying past and present price action to predict the probability of Energy Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Services' price. Additionally, you may evaluate how the addition of Energy Services to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is Energy Services' 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 Energy Services. If investors know Energy 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 Energy Services 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
13.454
Earnings Share
0.6
Revenue Per Share
21.19
Quarterly Revenue Growth
0.325
Return On Assets
0.0877
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' 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 Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' 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 Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' 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.