Secure Ptb Ratio vs Invested Capital Analysis
SES Stock | CAD 12.11 0.18 1.51% |
Secure Energy financial indicator trend analysis is much more than just breaking down Secure Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Secure Energy Services is a good investment. Please check the relationship between Secure Energy Ptb Ratio and its Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Energy Services. 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.
Ptb Ratio vs Invested Capital
Ptb Ratio vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secure Energy Services Ptb Ratio account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Secure Energy's Ptb Ratio and Invested Capital is -0.09. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Secure Energy Services, assuming nothing else is changed. The correlation between historical values of Secure Energy's Ptb Ratio and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Secure Energy Services are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Ptb Ratio i.e., Secure Energy's Ptb Ratio and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Secure Energy Services. There are two different methods for calculating Secure Energy Services invested capital: operating approach and financing approach. Understanding Secure Energy invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Secure Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Secure 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Energy Services. 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. At this time, Secure Energy's Tax Provision is very stable compared to the past year. As of the 29th of June 2024, Enterprise Value Over EBITDA is likely to grow to 7.33, while Selling General Administrative is likely to drop about 75.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 50M | 84M | 82M | 86.1M | Depreciation And Amortization | 203M | 227M | 261.1M | 274.1M |
Secure Energy fundamental ratios Correlations
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Secure Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Secure Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.4B | 2.9B | 2.8B | 2.8B | 1.5B | |
Short Long Term Debt Total | 502.7M | 434.4M | 1.3B | 1.0B | 1.2B | 1.2B | |
Other Current Liab | 3.0M | 3.1M | 3.3M | 27M | 53M | 55.7M | |
Total Current Liabilities | 210.3M | 157.4M | 333M | 459M | 472M | 495.6M | |
Total Stockholder Equity | 779.7M | 683.7M | 1.1B | 1.3B | 1.2B | 760.9M | |
Property Plant And Equipment Net | 1.3B | 1.2B | 1.7B | 1.6B | 1.3B | 952.9M | |
Net Debt | 493.9M | 427.6M | 1.3B | 1.0B | 954M | 1.0B | |
Retained Earnings | (326.6M) | (429.2M) | (636M) | (490M) | (412M) | (391.4M) | |
Cash | 8.9M | 6.8M | 10M | 12M | 10.8M | 7.5M | |
Non Current Assets Total | 1.3B | 1.2B | 2.5B | 2.3B | 1.7B | 1.2B | |
Non Currrent Assets Other | 1.3B | 1.3B | 8M | 16M | 27M | 25.7M | |
Cash And Short Term Investments | 8.9M | 6.8M | 10M | 12M | 10.8M | 7.3M | |
Net Receivables | 228.5M | 143.9M | 345M | 449M | 357M | 216.3M | |
Common Stock Shares Outstanding | 161.8M | 158.6M | 234.2M | 313.2M | 287.6M | 159.3M | |
Liabilities And Stockholders Equity | 1.6B | 1.4B | 2.9B | 2.8B | 3.3B | 3.4B | |
Non Current Liabilities Total | 624.7M | 553.7M | 1.5B | 1.1B | 1.2B | 1.2B | |
Inventory | 70.1M | 65.2M | 48.2M | 100M | 144M | 151.2M | |
Other Current Assets | 12.0M | 8.8M | 11M | 15M | 14M | 8.2M | |
Other Stockholder Equity | 61.6M | 50.5M | 48M | 50M | 45M | 59.8M | |
Total Liab | 835.0M | 711.1M | 1.8B | 1.6B | 1.7B | 1.7B | |
Property Plant And Equipment Gross | 1.3B | 1.2B | 2.9B | 2.9B | 3.0B | 3.1B | |
Total Current Assets | 314.5M | 207.7M | 466M | 576M | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | 26.7M | 23.9M | 24M | 30M | 34.5M | 36.2M | |
Short Term Debt | 18.0M | 10.2M | 27M | 28M | 32.2M | 33.8M | |
Intangible Assets | 39.7M | 18.0M | 180M | 163M | 68M | 72.5M | |
Accounts Payable | 189.2M | 143.9M | 279M | 404M | 374M | 217.5M | |
Common Stock Total Equity | 1.1B | 1.0B | 1.0B | 1.0B | 1.2B | 933.2M | |
Common Stock | 1.0B | 1.0B | 1.7B | 1.7B | 1.9B | 1.1B | |
Other Liab | 140.0M | 129.5M | 209M | 112M | 128.8M | 140.9M | |
Net Tangible Assets | 728.9M | 654.6M | 577M | 752M | 864.8M | 759.2M | |
Long Term Debt | 453.4M | 399.1M | 1.2B | 919M | 966M | 568.2M | |
Property Plant Equipment | 1.3B | 1.2B | 1.7B | 1.6B | 1.8B | 1.3B | |
Long Term Debt Total | 484.7M | 424.1M | 1.3B | 1.0B | 1.2B | 605.9M | |
Capital Lease Obligations | 49.3M | 35.3M | 109M | 112M | 136M | 142.8M | |
Net Invested Capital | 1.2B | 1.1B | 2.3B | 2.2B | 2.2B | 1.8B | |
Net Working Capital | 104.2M | 50.3M | 133M | 117M | 718M | 753.9M |
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Balance Sheet is a snapshot of the financial position of Secure Energy Services at a specified time, usually calculated after every quarter, six months, or one year. Secure Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Secure Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Secure currently owns. An asset can also be divided into two categories, current and non-current.