Employers Net Invested Capital vs Accounts Payable Analysis

EIG Stock  USD 53.36  0.22  0.41%   
Employers Holdings financial indicator trend analysis is much more than just examining Employers Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Employers Holdings is a good investment. Please check the relationship between Employers Holdings Net Invested Capital and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.

Net Invested Capital vs Accounts Payable

Net Invested Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Employers Holdings Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Employers Holdings' Net Invested Capital and Accounts Payable is 0.3. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Employers Holdings, assuming nothing else is changed. The correlation between historical values of Employers Holdings' Net Invested Capital and Accounts Payable 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 Employers Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., Employers Holdings' Net Invested Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Invested Capital

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

Accounts Payable

An accounting item on the balance sheet that represents Employers Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Employers Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Employers Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Employers Holdings 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 Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.At this time, Employers Holdings' Selling General Administrative is most likely to decrease significantly in the upcoming years. The Employers Holdings' current Sales General And Administrative To Revenue is estimated to increase to 0.25, while Tax Provision is projected to decrease to roughly 21 M.
 2021 2022 2023 2024 (projected)
Operating Income145.6M59.3M559.9M587.9M
Other Operating Expenses556.1M657.7M850.9M537.7M

Employers Holdings fundamental ratios Correlations

0.870.4-0.54-0.080.0-0.79-0.3-0.20.080.070.190.650.170.060.780.070.630.070.080.660.490.06-0.160.430.28
0.870.27-0.460.0-0.23-0.83-0.57-0.360.0-0.020.140.920.28-0.190.58-0.020.660.00.020.550.63-0.02-0.230.630.48
0.40.27-0.86-0.140.43-0.480.330.470.150.130.440.13-0.190.460.370.130.150.140.110.64-0.160.160.62-0.25-0.38
-0.54-0.46-0.860.27-0.410.49-0.07-0.37-0.28-0.25-0.41-0.28-0.01-0.45-0.57-0.25-0.31-0.27-0.24-0.780.08-0.28-0.150.030.22
-0.080.0-0.140.27-0.370.03-0.27-0.18-1.0-1.00.160.070.0-0.37-0.44-1.0-0.15-1.0-1.0-0.18-0.01-1.00.14-0.10.37
0.0-0.230.43-0.41-0.37-0.120.770.460.370.380.44-0.38-0.451.00.490.38-0.130.360.340.54-0.240.390.17-0.23-0.73
-0.79-0.83-0.480.490.03-0.120.180.34-0.03-0.03-0.34-0.760.02-0.15-0.55-0.03-0.39-0.03-0.06-0.71-0.62-0.02-0.07-0.58-0.16
-0.3-0.570.33-0.07-0.270.770.180.60.280.290.04-0.66-0.50.750.090.29-0.510.270.250.08-0.510.30.5-0.44-0.7
-0.2-0.360.47-0.37-0.180.460.340.60.190.160.21-0.54-0.290.450.120.16-0.210.170.120.14-0.810.210.45-0.72-0.66
0.080.00.15-0.28-1.00.37-0.030.280.191.0-0.16-0.08-0.010.380.441.00.151.01.00.180.01.0-0.140.09-0.38
0.07-0.020.13-0.25-1.00.38-0.030.290.161.0-0.17-0.09-0.020.390.441.00.121.01.00.180.011.0-0.150.11-0.38
0.190.140.44-0.410.160.44-0.340.040.21-0.16-0.170.01-0.470.440.24-0.170.21-0.17-0.180.54-0.04-0.150.23-0.33-0.55
0.650.920.13-0.280.07-0.38-0.76-0.66-0.54-0.08-0.090.010.43-0.350.32-0.090.57-0.07-0.040.380.77-0.1-0.210.760.62
0.170.28-0.19-0.010.0-0.450.02-0.5-0.29-0.01-0.02-0.470.43-0.430.04-0.020.210.00.020.020.29-0.03-0.360.440.59
0.06-0.190.46-0.45-0.371.0-0.150.750.450.380.390.44-0.35-0.430.530.39-0.090.370.350.58-0.220.390.16-0.22-0.71
0.780.580.37-0.57-0.440.49-0.550.090.120.440.440.240.320.040.530.440.60.440.440.710.290.44-0.240.25-0.12
0.07-0.020.13-0.25-1.00.38-0.030.290.161.01.0-0.17-0.09-0.020.390.440.121.01.00.180.021.0-0.150.11-0.38
0.630.660.15-0.31-0.15-0.13-0.39-0.51-0.210.150.120.210.570.21-0.090.60.120.150.150.30.590.13-0.170.20.25
0.070.00.14-0.27-1.00.36-0.030.270.171.01.0-0.17-0.070.00.370.441.00.151.00.180.011.0-0.150.1-0.37
0.080.020.11-0.24-1.00.34-0.060.250.121.01.0-0.18-0.040.020.350.441.00.151.00.170.070.99-0.170.16-0.34
0.660.550.64-0.78-0.180.54-0.710.080.140.180.180.540.380.020.580.710.180.30.180.170.180.18-0.010.23-0.23
0.490.63-0.160.08-0.01-0.24-0.62-0.51-0.810.00.01-0.040.770.29-0.220.290.020.590.010.070.18-0.02-0.280.760.52
0.06-0.020.16-0.28-1.00.39-0.020.30.211.01.0-0.15-0.1-0.030.390.441.00.131.00.990.18-0.02-0.130.08-0.4
-0.16-0.230.62-0.150.140.17-0.070.50.45-0.14-0.150.23-0.21-0.360.16-0.24-0.15-0.17-0.15-0.17-0.01-0.28-0.13-0.53-0.42
0.430.63-0.250.03-0.1-0.23-0.58-0.44-0.720.090.11-0.330.760.44-0.220.250.110.20.10.160.230.760.08-0.530.65
0.280.48-0.380.220.37-0.73-0.16-0.7-0.66-0.38-0.38-0.550.620.59-0.71-0.12-0.380.25-0.37-0.34-0.230.52-0.4-0.420.65
Click cells to compare fundamentals

Employers Holdings Account Relationship Matchups

Employers Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B3.9B3.8B3.7B3.6B3.9B
Total Stockholder Equity1.2B1.2B1.2B944.2M1.0B666.2M
Net Debt(137.1M)(140.4M)(58.5M)93.3M(220.5M)(209.5M)
Cash154.9M160.4M75.1M89.2M226.6M237.9M
Other Assets173.8M178.7M178.9M154.9M(758.8M)(796.7M)
Cash And Short Term Investments154.9M187M85.6M208.3M913.2M790.2M
Common Stock Shares Outstanding32.5M30.2M28.6M27.7M26.5M31.4M
Liabilities And Stockholders Equity4.0B3.9B3.8B3.7B3.6B3.9B
Other Stockholder Equity(455.3M)(555.1M)(597.3M)(213.1M)(285M)(270.8M)
Total Liab2.8B2.7B2.6B2.8B2.5B2.3B
Total Current Assets993.5M936.7M828M979.4M913.2M867.5M
Other Current Liab(29.8M)(22.9M)(24.1M)(86.9M)1.5B2.9B
Other Liab506.4M2.3B2.2B452.6M520.5M494.5M
Retained Earnings1.2B1.2B1.3B1.3B1.4B711.2M
Accounts Payable37.1M29.8M22.9M28.7M26.1M25.3M
Short Term Investments184.3M26.6M10.5M119.1M686.8M741.8M
Property Plant Equipment21.9M19.1M14.7M12M13.8M16.9M
Total Current Liabilities29.8M22.9M24.1M28.7M1.6B3.2B
Property Plant And Equipment Net37.8M36.5M28.9M23.5M11.6M20.8M
Non Current Assets Total2.8B2.8B2.8B2.6B3.4B3.2B
Non Currrent Assets Other(55M)(15.5M)(7.7M)(62.7M)3.2B2.6B
Net Receivables838.6M749.7M742.4M771.1M807.4M656.2M
Property Plant And Equipment Gross13.9M18.2M37.8M36.5M42.0M44.1M
Accumulated Other Comprehensive Income65.3M115.1M60.6M(138.9M)(86M)(81.7M)
Non Current Liabilities Total154.9M160.9M138.7M28.7M2.5B2.4B
Short Long Term Debt Total28M28.6M25.5M182.5M5.9M5.6M
Other Current Assets642M576.8M457.7M616M657.8M690.7M
Treasury Stock(455.3M)(555.1M)(597.3M)(627.7M)(564.9M)(593.2M)
Common Stock389.4M397M404.9M411.3M415.2M570K
Short Term Debt5M4.3M3.4M3.5M1.8M1.7M
Intangible Assets7.9M7.7M13.5M13.6M12.2M11.2M
Net Tangible Assets1.1B1.2B1.2B894.4M1.0B869.4M
Retained Earnings Total Equity1.2B1.2B1.3B1.3B1.5B896.4M
Long Term Debt Total23M24.3M22.1M200K180K171K
Capital Surpluse396.4M404.3M410.7M414.6M476.8M403.5M
Deferred Long Term Liab137.1M140.9M122.1M106.1M95.5M162.7M
Long Term Investments2.8B2.8B2.8B2.6B2.2B2.7B
Non Current Liabilities Other2.7B2.5B2.4B2.6B3.0B2.9B

Currently Active Assets on Macroaxis

When determining whether Employers Holdings is a strong investment it is important to analyze Employers Holdings' 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 Employers Holdings' future performance. For an informed investment choice regarding Employers Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Property & Casualty Insurance space 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 Employers Holdings. If investors know Employers 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 Employers Holdings 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
1.246
Dividend Share
1.16
Earnings Share
5.31
Revenue Per Share
35.199
Quarterly Revenue Growth
0.101
The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' 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 Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' 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 Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' 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.