Energy Net Tangible Assets from 2010 to 2024

ESOA Stock  USD 7.18  0.23  3.10%   
Energy Services' Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 25.8 M. Net Tangible Assets is the total assets of Energy Services minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
30.7 M
Current Value
28.9 M
Quarterly Volatility
4.3 M
 
Yuan Drop
 
Covid
Check Energy Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Services' main balance sheet or income statement drivers, such as Other Operating Expenses of 351.5 M, Operating Income of 15.7 M or EBIT of 15.7 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0135 or PTB Ratio of 1.84. Energy financial statements analysis is a perfect complement when working with Energy Services Valuation or Volatility modules.
  
Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.

Latest Energy Services' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Energy Services over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Energy Services' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Services' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Energy Net Tangible Assets Regression Statistics

Arithmetic Mean24,197,503
Geometric Mean23,668,090
Coefficient Of Variation22.11
Mean Deviation4,398,776
Median23,281,047
Standard Deviation5,349,492
Sample Variance28.6T
Range16.9M
R-Value0.90
Mean Square Error5.9T
R-Squared0.81
Slope1,076,092
Total Sum of Squares400.6T

Energy Net Tangible Assets History

202425.8 M
202334.9 M
202130.4 M
202030.4 M
201925.8 M
201824.7 M
201723.3 M

About Energy Services Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Energy Services income statement, its balance sheet, and the statement of cash flows. Energy Services investors use historical funamental indicators, such as Energy Services's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Energy Services investors may use each financial statement separately, they are all related. The changes in Energy Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Energy Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Energy Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets34.9 M25.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Energy Stock

When determining whether Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' 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 Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Equipment & Services 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 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
Dividend Share
0.06
Earnings Share
0.6
Revenue Per Share
21.19
Quarterly Revenue Growth
0.325
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.