Enpro Intangible Assets vs Current Deferred Revenue Analysis

NPO Stock  USD 147.72  0.44  0.30%   
Enpro Industries financial indicator trend analysis is much more than just examining Enpro Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enpro Industries is a good investment. Please check the relationship between Enpro Industries Intangible Assets and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.

Intangible Assets vs Current Deferred Revenue

Intangible Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enpro Industries Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enpro Industries' Intangible Assets and Current Deferred Revenue is -0.32. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Enpro Industries, assuming nothing else is changed. The correlation between historical values of Enpro Industries' Intangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Enpro Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Intangible Assets i.e., Enpro Industries' Intangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Enpro Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enpro Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.At this time, Enpro Industries' Selling General Administrative is very stable compared to the past year. As of the 9th of May 2024, Discontinued Operations is likely to grow to about 239.6 M, while Tax Provision is likely to drop about 13.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit436.6M423.3M426.8M392.1M
Total Revenue1.1B1.1B1.1B1.1B

Enpro Industries fundamental ratios Correlations

0.780.22-0.050.910.31-0.250.370.72-0.180.80.96-0.160.8-0.250.89-0.380.770.140.14-0.570.740.870.650.130.89
0.780.40.240.570.33-0.350.840.230.070.570.72-0.350.57-0.120.58-0.110.750.340.33-0.190.80.820.570.370.61
0.220.40.250.10.45-0.660.350.050.40.270.14-0.190.270.290.130.090.260.580.11-0.170.320.330.350.170.14
-0.050.240.25-0.220.110.10.5-0.220.19-0.18-0.070.1-0.180.17-0.120.26-0.030.210.060.140.240.130.050.8-0.11
0.910.570.1-0.220.4-0.350.080.67-0.070.790.84-0.360.79-0.170.85-0.320.460.220.34-0.440.380.790.70.040.86
0.310.330.450.110.4-0.440.190.130.810.320.08-0.440.320.690.21-0.070.020.880.46-0.220.050.590.81-0.090.25
-0.25-0.35-0.660.1-0.35-0.44-0.1-0.01-0.39-0.49-0.180.58-0.49-0.17-0.3-0.26-0.01-0.49-0.53-0.130.02-0.41-0.31-0.2-0.32
0.370.840.350.50.080.19-0.1-0.190.190.110.34-0.240.110.010.16-0.040.560.310.250.030.680.510.30.460.2
0.720.230.05-0.220.670.13-0.01-0.19-0.360.750.730.240.75-0.290.81-0.390.59-0.17-0.26-0.80.510.520.37-0.180.78
-0.180.070.40.19-0.070.81-0.390.19-0.36-0.12-0.4-0.5-0.120.87-0.250.15-0.330.910.560.16-0.270.190.51-0.07-0.2
0.80.570.27-0.180.790.32-0.490.110.75-0.120.75-0.331.0-0.290.920.020.560.120.29-0.430.50.720.580.060.92
0.960.720.14-0.070.840.08-0.180.340.73-0.40.75-0.020.75-0.440.87-0.420.81-0.09-0.02-0.550.770.790.420.190.86
-0.16-0.35-0.190.1-0.36-0.440.58-0.240.24-0.5-0.33-0.02-0.33-0.11-0.25-0.280.2-0.55-0.94-0.310.22-0.3-0.49-0.08-0.31
0.80.570.27-0.180.790.32-0.490.110.75-0.121.00.75-0.33-0.290.920.020.560.120.29-0.430.50.720.580.060.92
-0.25-0.120.290.17-0.170.69-0.170.01-0.290.87-0.29-0.44-0.11-0.29-0.390.02-0.320.720.250.08-0.270.040.41-0.17-0.35
0.890.580.13-0.120.850.21-0.30.160.81-0.250.920.87-0.250.92-0.39-0.240.63-0.010.21-0.570.580.750.520.111.0
-0.38-0.110.090.26-0.32-0.07-0.26-0.04-0.390.150.02-0.42-0.280.020.02-0.24-0.40.080.380.72-0.32-0.27-0.090.34-0.24
0.770.750.26-0.030.460.02-0.010.560.59-0.330.560.810.20.56-0.320.63-0.4-0.09-0.26-0.590.960.630.310.010.61
0.140.340.580.210.220.88-0.490.31-0.170.910.12-0.09-0.550.120.72-0.010.08-0.090.56-0.02-0.030.420.73-0.010.03
0.140.330.110.060.340.46-0.530.25-0.260.560.29-0.02-0.940.290.250.210.38-0.260.560.39-0.230.310.530.210.27
-0.57-0.19-0.170.14-0.44-0.22-0.130.03-0.80.16-0.43-0.55-0.31-0.430.08-0.570.72-0.59-0.020.39-0.53-0.39-0.350.33-0.54
0.740.80.320.240.380.050.020.680.51-0.270.50.770.220.5-0.270.58-0.320.96-0.03-0.23-0.530.650.320.230.56
0.870.820.330.130.790.59-0.410.510.520.190.720.79-0.30.720.040.75-0.270.630.420.31-0.390.650.70.270.77
0.650.570.350.050.70.81-0.310.30.370.510.580.42-0.490.580.410.52-0.090.310.730.53-0.350.320.7-0.090.56
0.130.370.170.80.04-0.09-0.20.46-0.18-0.070.060.19-0.080.06-0.170.110.340.01-0.010.210.330.230.27-0.090.12
0.890.610.14-0.110.860.25-0.320.20.78-0.20.920.86-0.310.92-0.351.0-0.240.610.030.27-0.540.560.770.560.12
Click cells to compare fundamentals

Enpro Industries Account Relationship Matchups

Enpro Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B3.0B2.6B2.5B1.8B
Short Long Term Debt Total629.3M491.3M1.1B790.7M697.4M477.5M
Other Current Liab89.5M128.4M135.2M122.5M99.6M123.0M
Total Current Liabilities313.6M202M379.1M211.5M196.4M277.7M
Total Stockholder Equity886.9M1.1B1.3B1.4B1.4B721.9M
Property Plant And Equipment Net218.8M195M236.7M185.2M242.3M212.1M
Net Debt508.1M261.8M787.8M456.3M327.6M317.2M
Retained Earnings632.2M794.8M949.4M1.1B1.1B1.2B
Accounts Payable82.7M69.8M81.9M73.4M68.7M84.4M
Cash121.2M229.5M338.1M334.4M369.8M388.3M
Non Current Assets Total1.3B1.5B2.3B2.0B1.8B1.2B
Non Currrent Assets Other76.8M134.2M153.5M(30.2M)54.1M51.4M
Cash And Short Term Investments121.2M229.5M338.1M334.4M369.8M388.3M
Net Receivables189.5M192.8M186.7M137.1M116.7M164.9M
Good Will485.3M621.8M964.1M863.8M808.4M848.8M
Common Stock Shares Outstanding21.8M20.9M20.8M20.5M21M23.5M
Liabilities And Stockholders Equity2.0B2.1B3.0B2.6B2.5B1.8B
Non Current Liabilities Total806.6M754.7M1.3B1.0B875.5M762.9M
Inventory157.1M139.1M160M151.9M142.6M134.4M
Other Current Assets27.6M17.6M28.2M44.9M21.2M34.5M
Other Stockholder Equity290.9M288.4M302.4M298M303.7M296.1M
Total Liab1.1B956.7M1.7B1.2B1.1B1.0B
Property Plant And Equipment Gross218.8M195M469.6M331.4M355.4M235.6M
Total Current Assets749.5M579M713M684.2M650.3M573.3M
Accumulated Other Comprehensive Income(36.4M)(4.9M)14.6M(33.3M)(22.2M)(21.1M)
Short Term Debt4.1M3.8M162M15.6M18.1M32.2M
Intangible Assets466.9M553.6M901.4M799.8M733.5M770.2M
Other Liab153M267.2M309M210.1M189.1M203.4M
Other Assets77.1M348M153.5M69.3M79.7M140.8M
Long Term Debt625.2M487.5M963.9M775.1M638.7M385.9M
Property Plant Equipment218.8M195M236.7M185.2M213.0M212.3M
Net Tangible Assets(37.3M)(48.5M)(598.9M)(250.6M)(225.5M)(214.3M)
Retained Earnings Total Equity632.2M794.8M949.4M1.1B1.3B1.4B
Long Term Debt Total625.2M487.5M963.9M775.1M891.4M491.2M
Capital Surpluse292.1M289.6M303.6M299.2M269.3M285.6M
Non Current Liabilities Other181.4M267.2M142.7M111.7M116.1M191.6M

Enpro Industries Investors Sentiment

The influence of Enpro Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Enpro. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Enpro Industries' public news can be used to forecast risks associated with an investment in Enpro. The trend in average sentiment can be used to explain how an investor holding Enpro can time the market purely based on public headlines and social activities around Enpro Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Enpro Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Enpro Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Enpro Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Enpro Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enpro Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enpro Industries' short interest history, or implied volatility extrapolated from Enpro Industries options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Enpro Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enpro Industries' 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 Enpro Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enpro Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Enpro Stock analysis

When running Enpro Industries' price analysis, check to measure Enpro Industries' 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 Enpro Industries is operating at the current time. Most of Enpro Industries' value examination focuses on studying past and present price action to predict the probability of Enpro Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enpro Industries' price. Additionally, you may evaluate how the addition of Enpro Industries to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Stocks Directory
Find actively traded stocks across global markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is Enpro Industries' 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 Enpro Industries. If investors know Enpro 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 Enpro Industries 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
(0.70)
Dividend Share
1.16
Earnings Share
0.51
Revenue Per Share
50.684
Quarterly Revenue Growth
(0.08)
The market value of Enpro Industries is measured differently than its book value, which is the value of Enpro that is recorded on the company's balance sheet. Investors also form their own opinion of Enpro Industries' value that differs from its market value or its book value, called intrinsic value, which is Enpro Industries' 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 Enpro Industries' market value can be influenced by many factors that don't directly affect Enpro Industries' 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 Enpro Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enpro Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enpro Industries' 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.