Enterprise Other Operating Expenses vs Income Tax Expense Analysis

EBTC Stock  USD 26.27  0.19  0.73%   
Enterprise Bancorp financial indicator trend analysis is much more than just examining Enterprise Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Bancorp is a good investment. Please check the relationship between Enterprise Bancorp Other Operating Expenses and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.

Other Operating Expenses vs Income Tax Expense

Other Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Bancorp Other Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Enterprise Bancorp's Other Operating Expenses and Income Tax Expense is 0.31. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Enterprise Bancorp, assuming nothing else is changed. The correlation between historical values of Enterprise Bancorp's Other Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Enterprise Bancorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Other Operating Expenses i.e., Enterprise Bancorp's Other Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enterprise Bancorp. It is also known as Enterprise Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Tax Expense

Most indicators from Enterprise Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Bancorp 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 Enterprise Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.At present, Enterprise Bancorp's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense7.5M9.1M48.0M50.4M
Depreciation And Amortization7.8M7.0M6.2M4.6M

Enterprise Bancorp fundamental ratios Correlations

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0.650.630.00.010.710.62-0.190.570.350.11-0.010.640.350.510.990.980.860.640.340.450.19-0.730.16-0.180.19
-0.69-0.4-0.54-0.54-0.71-0.67-0.21-0.710.05-0.58-0.52-0.760.05-0.66-0.73-0.84-0.49-0.69-0.7-0.14-0.06-0.73-0.280.1-0.05
-0.27-0.270.080.08-0.26-0.350.42-0.26-0.5-0.090.0-0.18-0.5-0.290.180.16-0.15-0.27-0.140.450.160.16-0.280.380.59
-0.56-0.47-0.32-0.34-0.58-0.53-0.03-0.56-0.13-0.43-0.36-0.56-0.13-0.63-0.2-0.13-0.56-0.56-0.490.180.09-0.180.10.380.1
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Click cells to compare fundamentals

Enterprise Bancorp Account Relationship Matchups

Enterprise Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B4.0B4.4B4.4B4.5B4.7B
Short Long Term Debt Total129.1M96.1M88.1M86.8M109.7M66.5M
Other Current Liab(846K)(1.9M)(1.5M)(24.4M)2.5B2.6B
Total Current Liabilities846K1.9M1.5M2.0M2.5B2.6B
Total Stockholder Equity296.6M334.4M346.9M282.3M329.1M345.6M
Property Plant And Equipment Net64.5M65.1M69.0M69.2M69.8M73.2M
Net Debt65.4M(157.7M)(348.5M)(180.8M)147.2M154.5M
Retained Earnings191.8M215.0M241.8M274.6M301.4M316.4M
Cash63.8M253.8M436.6M267.6M(37.4M)(35.6M)
Non Current Assets Total575.4M653.9M1.0B895.2M4.4B4.6B
Non Currrent Assets Other(19.2M)(25.4M)(29.8M)(52.0M)4.2B4.5B
Other Assets2.6B3.1B3.0B3.3B3.7B3.9B
Cash And Short Term Investments63.8M253.8M436.6M267.6M(37.4M)(35.6M)
Net Receivables12.3M16.1M13.4M17.1M19.2M20.2M
Common Stock Total Equity118K119K120K121K139.2K83.7K
Common Stock Shares Outstanding11.8M11.9M12.1M12.1M12.2M10.9M
Liabilities And Stockholders Equity3.2B4.0B4.4B4.4B4.5B4.7B
Other Stockholder Equity94.2M97.1M100.4M103.8M107.4M54.3M
Total Liab2.9B3.7B4.1B4.2B4.1B4.3B
Property Plant And Equipment Gross64.5M65.1M69.0M69.2M136.8M143.6M
Total Current Assets76.1M269.9M449.9M284.7M77.4M73.5M
Accumulated Other Comprehensive Income10.5M22.2M4.7M(96.2M)(79.8M)(75.8M)
Short Term Debt96.9M5.6M3.9M24.4M21.5M20.4M
Common Stock118K119K120K121K123K85.6K
Non Current Liabilities Total129.1M96.1M88.1M2.0M1.7B919.9M
Other Current Assets76.7M272.3M450.2M285.4M77.4M73.5M
Other Liab40.5M28.9M3.7M4.3M4.9M4.7M
Accounts Payable846K1.9M1.5M2.0M4.7M4.4M
Long Term Debt14.9M73.7M64.5M62.4M85.3M89.5M
Property Plant Equipment45.4M46.7M69.0M44.2M50.9M32.1M
Short Term Investments455K583.0M958.2M820.4M(94.0M)(89.3M)
Inventory(76.7M)(272.3M)(450.2M)(285.4M)18.2M19.1M
Net Tangible Assets291.0M328.8M341.2M276.6M318.1M243.8M
Retained Earnings Total Equity191.8M215.0M241.8M274.6M315.7M169.3M
Long Term Debt Total14.9M73.7M59.0M59.2M68.1M71.5M
Capital Surpluse94.2M97.1M100.4M103.8M119.4M84.8M
Long Term Investments3.0B3.0B958.2M820.4M668.2M1.3B
Non Current Liabilities Other136.0M53.0M60.2M59.1M67.9M77.8M

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When determining whether Enterprise Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enterprise Bancorp's 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 Enterprise Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enterprise Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Enterprise Bancorp's 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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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
(0.22)
Dividend Share
0.93
Earnings Share
2.91
Revenue Per Share
13.013
Quarterly Revenue Growth
(0.05)
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp's 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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp's 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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp's 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.