Energy Property Plant Equipment vs Net Tangible Assets Analysis
ESOA Stock | USD 6.44 0.02 0.31% |
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 Property Plant Equipment and its Net Tangible Assets 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.
Property Plant Equipment vs Net Tangible Assets
Property Plant Equipment vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Services Property Plant Equipment account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Energy Services' Property Plant Equipment and Net Tangible Assets is 0.59. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Tangible Assets 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' Property Plant Equipment and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Energy Services are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant Equipment i.e., Energy Services' Property Plant Equipment and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant Equipment
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Profit | 22.4M | 36.8M | 42.3M | 44.5M | Total Revenue | 197.6M | 304.1M | 349.7M | 367.2M |
Energy Services fundamental ratios Correlations
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Energy Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Energy Services fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 58.2M | 70.2M | 112.6M | 142.5M | 163.9M | 84.9M | |
Short Long Term Debt Total | 15.8M | 17.5M | 32.2M | 48.2M | 55.4M | 58.2M | |
Other Current Liab | 4.2M | 5.6M | 11.3M | 13.1M | 15.1M | 15.8M | |
Total Current Liabilities | 18.9M | 24.5M | 55.3M | 79.9M | 91.9M | 96.5M | |
Total Stockholder Equity | 25.8M | 34.6M | 38.3M | 34.6M | 31.1M | 26.4M | |
Other Liab | 1.9M | 2.3M | 2.0M | 4.5M | 5.1M | 5.4M | |
Net Debt | 4.6M | 9.2M | 24.8M | 31.7M | 36.5M | 19.2M | |
Retained Earnings | (34.8M) | (26.0M) | (22.2M) | (25.7M) | (23.1M) | (24.3M) | |
Cash | 11.2M | 8.2M | 7.4M | 16.4M | 18.9M | 19.8M | |
Long Term Debt | 11.2M | 9.0M | 13.5M | 18.9M | 21.7M | 22.8M | |
Cash And Short Term Investments | 11.2M | 8.2M | 7.4M | 16.4M | 14.8M | 15.5M | |
Common Stock Shares Outstanding | 17.2M | 13.6M | 16.3M | 16.7M | 19.2M | 16.0M | |
Liabilities And Stockholders Equity | 58.2M | 70.2M | 112.6M | 142.5M | 163.9M | 84.9M | |
Non Current Liabilities Total | 13.5M | 11.1M | 19.0M | 28.0M | 32.2M | 33.8M | |
Total Liab | 32.3M | 35.5M | 74.3M | 107.9M | 124.1M | 130.3M | |
Total Current Assets | 41.8M | 43.0M | 70.4M | 95.2M | 109.5M | 114.9M | |
Short Term Debt | 4.5M | 8.4M | 17.7M | 27.0M | 31.1M | 32.6M | |
Other Current Assets | 3.3M | 3.5M | 24.4M | 3.5M | 3.2M | 3.0M | |
Property Plant And Equipment Net | 16.4M | 23.0M | 34.3M | 39.9M | 45.8M | 23.2M | |
Current Deferred Revenue | 4.9M | 3.2M | 6.0M | 17.7M | 20.4M | 21.4M | |
Accounts Payable | 5.2M | 7.3M | 20.3M | 22.0M | 25.3M | 26.6M | |
Non Current Assets Total | 16.4M | 27.2M | 42.2M | 47.3M | 42.6M | 25.3M | |
Non Currrent Assets Other | (2.3M) | (27.2M) | (42.2M) | (1.9M) | (2.1M) | (2.2M) | |
Net Receivables | 27.2M | 31.2M | 59.0M | 75.2M | 86.5M | 90.8M | |
Property Plant Equipment | 16.8M | 16.4M | 23.0M | 34.3M | 30.8M | 15.9M | |
Net Tangible Assets | 24.7M | 25.8M | 30.4M | 30.4M | 34.9M | 25.8M | |
Property Plant And Equipment Gross | 16.4M | 61.1M | 75.3M | 87.7M | 100.8M | 53.4M |
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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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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.