Enersys Cost Of Revenue vs Net Income Analysis

ENS Stock  USD 97.40  0.54  0.56%   
Enersys financial indicator trend analysis is much more than just examining Enersys latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enersys is a good investment. Please check the relationship between Enersys Cost Of Revenue and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enersys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Enersys Stock please use our How to Invest in Enersys guide.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enersys Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Enersys' Cost Of Revenue and Net Income is 0.65. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Enersys, assuming nothing else is changed. The correlation between historical values of Enersys' Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Enersys are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Enersys' Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Enersys income statement and represents the costs associated with goods and services Enersys provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Enersys financial statement analysis. It represents the amount of money remaining after all of Enersys operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Enersys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enersys 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 Enersys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Enersys Stock please use our How to Invest in Enersys guide.At this time, Enersys' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 35 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 7.78 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense37.8M59.5M50.0M36.4M
Depreciation And Amortization95.9M91.2M92.0M65.0M

Enersys fundamental ratios Correlations

0.920.880.58-0.520.580.35-0.760.970.920.910.840.960.870.910.820.940.950.610.90.920.930.690.910.940.54
0.920.660.58-0.660.580.52-0.630.790.930.680.860.950.740.90.770.950.810.450.660.850.80.810.680.910.52
0.880.660.28-0.230.280.08-0.710.950.690.960.610.790.810.780.710.750.940.680.950.790.930.40.960.820.47
0.580.580.28-0.631.00.46-0.650.540.760.50.490.490.610.410.550.50.360.120.530.590.290.670.510.460.2
-0.52-0.66-0.23-0.63-0.63-0.970.38-0.39-0.77-0.26-0.5-0.56-0.39-0.38-0.53-0.61-0.280.0-0.27-0.72-0.26-0.96-0.28-0.48-0.2
0.580.580.281.0-0.630.46-0.650.540.760.50.490.490.610.410.550.50.360.120.530.590.290.670.510.460.2
0.350.520.080.46-0.970.46-0.170.210.620.070.390.420.190.210.350.470.13-0.070.080.60.110.880.10.310.09
-0.76-0.63-0.71-0.650.38-0.65-0.17-0.79-0.73-0.81-0.56-0.67-0.78-0.74-0.93-0.67-0.69-0.37-0.81-0.67-0.65-0.55-0.79-0.72-0.65
0.970.790.950.54-0.390.540.21-0.790.840.980.750.890.880.840.780.850.960.660.980.880.930.550.980.880.51
0.920.930.690.76-0.770.760.62-0.730.840.750.780.90.780.790.790.920.750.430.750.940.720.880.760.880.45
0.910.680.960.5-0.260.50.07-0.810.980.750.640.790.870.790.750.750.930.651.00.80.90.430.990.820.48
0.840.860.610.49-0.50.490.39-0.560.750.780.640.90.610.790.720.810.790.410.630.770.80.630.650.730.58
0.960.950.790.49-0.560.490.42-0.670.890.90.790.90.740.910.810.970.90.560.780.90.90.710.790.940.6
0.870.740.810.61-0.390.610.19-0.780.880.780.870.610.740.790.720.720.840.380.870.780.810.570.880.760.39
0.910.90.780.41-0.380.410.21-0.740.840.790.790.790.910.790.830.890.90.550.760.730.890.610.760.910.69
0.820.770.710.55-0.530.550.35-0.930.780.790.750.720.810.720.830.790.760.430.740.750.740.680.740.80.76
0.940.950.750.5-0.610.50.47-0.670.850.920.750.810.970.720.890.790.840.560.740.890.830.750.750.970.59
0.950.810.940.36-0.280.360.13-0.690.960.750.930.790.90.840.90.760.840.670.910.80.990.480.920.870.56
0.610.450.680.120.00.12-0.07-0.370.660.430.650.410.560.380.550.430.560.670.640.480.640.10.660.650.26
0.90.660.950.53-0.270.530.08-0.810.980.751.00.630.780.870.760.740.740.910.640.80.880.431.00.80.48
0.920.850.790.59-0.720.590.6-0.670.880.940.80.770.90.780.730.750.890.80.480.80.780.80.820.850.37
0.930.80.930.29-0.260.290.11-0.650.930.720.90.80.90.810.890.740.830.990.640.880.780.450.90.860.58
0.690.810.40.67-0.960.670.88-0.550.550.880.430.630.710.570.610.680.750.480.10.430.80.450.440.650.35
0.910.680.960.51-0.280.510.1-0.790.980.760.990.650.790.880.760.740.750.920.661.00.820.90.440.80.46
0.940.910.820.46-0.480.460.31-0.720.880.880.820.730.940.760.910.80.970.870.650.80.850.860.650.80.54
0.540.520.470.2-0.20.20.09-0.650.510.450.480.580.60.390.690.760.590.560.260.480.370.580.350.460.54
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Enersys Account Relationship Matchups

Enersys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.5B3.7B3.6B3.5B2.4B
Total Stockholder Equity1.3B1.5B1.5B1.6B1.8B1.1B
Net Debt897.2M552.6M896.0M814.1M580.9M382.5M
Cash327.0M451.8M402.5M346.7M333.3M245.7M
Other Assets139.2M75.8M72.3M85.1M76.6M74.3M
Cash And Short Term Investments327.0M451.8M402.5M346.7M333.3M245.7M
Common Stock Shares Outstanding42.9M43.2M42.8M41.3M41.4M45.2M
Liabilities And Stockholders Equity3.3B3.5B3.7B3.6B3.5B2.4B
Other Stockholder Equity(42M)(14.7M)(151.3M)(147.0M)(205.9M)(195.7M)
Total Liab2.0B1.9B2.2B2.0B1.7B1.3B
Total Current Assets1.6B1.7B2.0B1.9B1.8B1.2B
Short Long Term Debt Total1.2B1.0B1.3B1.2B914.3M656.8M
Other Current Liab233.3M302.7M261.9M253.1M276.8M229.4M
Total Current Liabilities600.3M677.0M738.1M718.3M723.9M536.7M
Other Liab247.3M241.0M229.7M209.1M240.5M127.2M
Property Plant And Equipment Net480.0M497.1M503.3M513.3M608.9M413.1M
Retained Earnings1.6B1.7B1.8B1.9B2.2B2.3B
Accounts Payable281.9M323.9M393.1M378.6M369.5M262.4M
Non Current Assets Total1.7B1.8B1.7B1.7B1.7B1.2B
Non Currrent Assets Other76.6M67.4M79.2M118.8M19.6M36.2M
Long Term Debt1.1B969.6M1.2B1.0B802.0M613.7M
Net Receivables654.3M603.6M719.4M693.4M584.2M526.6M
Good Will663.9M705.6M700.6M676.7M682.9M474.3M
Common Stock Total Equity551K555K557K560K644K531.8K
Non Current Liabilities Total1.4B1.2B1.5B1.3B985.1M801.4M
Inventory519.5M518.2M715.7M797.8M697.7M410.3M
Other Current Assets26.0M117.7M155.6M35.1M167.5M175.8M
Property Plant And Equipment Gross480.0M497.1M1.2B1.3B1.3B1.4B
Accumulated Other Comprehensive Income(215.0M)(115.9M)(143.5M)(183.5M)(204.9M)(194.6M)
Short Term Debt67.8M34.4M55.3M52.0M50.0M33.9M
Intangible Assets455.7M430.9M396.2M360.4M319.4M253.8M
Common Stock551K555K557K560K564K535.8K
Property Plant Equipment480.0M559.2M574.3M598.5M688.3M412.3M
Treasury Stock(564.4M)(563.5M)(719.1M)(741.0M)(666.9M)(633.5M)
Net Tangible Assets180.9M403.3M392.5M563.2M506.8M403.2M
Current Deferred Revenue17.3M16.0M27.9M34.6M27.6M17.2M
Noncontrolling Interest In Consolidated Entity3.5M3.8M3.9M3.6M3.2M4.2M
Retained Earnings Total Equity1.6B1.7B1.8B1.9B2.2B1.3B
Long Term Debt Total1.1B969.6M1.2B1.0B1.2B721.9M

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Additional Tools for Enersys Stock Analysis

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