Enghouse Net Receivables vs Other Current Liab Analysis

ENGH Stock  CAD 28.98  0.66  2.23%   
Enghouse Systems financial indicator trend analysis is much more than just examining Enghouse Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enghouse Systems is a good investment. Please check the relationship between Enghouse Systems Net Receivables and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enghouse Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enghouse Systems Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enghouse Systems' Net Receivables and Other Current Liab is 0.47. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Enghouse Systems, assuming nothing else is changed. The correlation between historical values of Enghouse Systems' Net Receivables and Other Current Liab 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 Receivables of Enghouse Systems are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Enghouse Systems' Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Other Current Liab

Most indicators from Enghouse Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enghouse Systems 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 Enghouse Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Enghouse Systems' Selling General Administrative is very stable compared to the past year. As of the 20th of May 2024, Enterprise Value is likely to grow to about 1.5 B, while Tax Provision is likely to drop about 13.4 M.
 2021 2023 2024 (projected)
Interest Expense735K625.5K1.1M
Depreciation And Amortization46.7M53.7M56.4M

Enghouse Systems fundamental ratios Correlations

0.760.450.991.00.67-0.910.990.950.970.990.970.970.640.660.990.310.980.870.99-0.20.90.99-0.780.930.99
0.760.590.760.740.96-0.710.750.740.780.740.790.680.340.760.760.390.80.830.770.080.730.73-0.430.670.69
0.450.590.510.40.74-0.510.420.580.420.460.450.470.330.810.430.120.560.250.44-0.130.540.54-0.360.610.36
0.990.760.510.980.68-0.880.970.970.950.990.940.970.680.70.990.250.990.830.97-0.180.860.99-0.80.960.98
1.00.740.40.980.64-0.911.00.920.980.990.970.960.620.620.980.350.970.880.99-0.210.90.98-0.760.910.99
0.670.960.740.680.64-0.70.660.70.70.650.720.620.320.850.660.340.730.710.690.020.680.68-0.410.620.58
-0.91-0.71-0.51-0.88-0.91-0.7-0.91-0.84-0.94-0.87-0.95-0.86-0.62-0.73-0.86-0.31-0.88-0.76-0.940.26-0.88-0.920.76-0.78-0.86
0.990.750.420.971.00.66-0.910.910.980.990.970.950.590.620.980.390.960.890.99-0.230.920.98-0.740.90.99
0.950.740.580.970.920.7-0.840.910.880.960.880.980.730.790.950.130.980.740.92-0.190.780.96-0.860.970.92
0.970.780.420.950.980.7-0.940.980.880.951.00.90.560.640.950.380.940.880.99-0.220.920.95-0.70.840.95
0.990.740.460.990.990.65-0.870.990.960.950.940.980.640.650.990.310.980.860.97-0.20.880.98-0.780.950.99
0.970.790.450.940.970.72-0.950.970.881.00.940.90.610.670.930.320.940.860.99-0.160.910.96-0.730.830.93
0.970.680.470.970.960.62-0.860.950.980.90.980.90.710.70.970.220.970.790.95-0.260.820.98-0.860.950.96
0.640.340.330.680.620.32-0.620.590.730.560.640.610.710.630.61-0.460.680.360.640.210.390.7-0.930.70.59
0.660.760.810.70.620.85-0.730.620.790.640.650.670.70.630.650.020.760.50.67-0.070.570.72-0.660.710.57
0.990.760.430.990.980.66-0.860.980.950.950.990.930.970.610.650.330.980.870.97-0.220.870.97-0.760.930.99
0.310.390.120.250.350.34-0.310.390.130.380.310.320.22-0.460.020.330.220.560.31-0.510.550.230.240.140.36
0.980.80.560.990.970.73-0.880.960.980.940.980.940.970.680.760.980.220.820.97-0.170.850.98-0.810.960.95
0.870.830.250.830.880.71-0.760.890.740.880.860.860.790.360.50.870.560.820.87-0.060.840.81-0.50.690.87
0.990.770.440.970.990.69-0.940.990.920.990.970.990.950.640.670.970.310.970.87-0.190.90.98-0.770.890.97
-0.20.08-0.13-0.18-0.210.020.26-0.23-0.19-0.22-0.2-0.16-0.260.21-0.07-0.22-0.51-0.17-0.06-0.19-0.27-0.20.05-0.18-0.25
0.90.730.540.860.90.68-0.880.920.780.920.880.910.820.390.570.870.550.850.840.9-0.270.89-0.550.790.88
0.990.730.540.990.980.68-0.920.980.960.950.980.960.980.70.720.970.230.980.810.98-0.20.89-0.830.950.96
-0.78-0.43-0.36-0.8-0.76-0.410.76-0.74-0.86-0.7-0.78-0.73-0.86-0.93-0.66-0.760.24-0.81-0.5-0.770.05-0.55-0.83-0.82-0.75
0.930.670.610.960.910.62-0.780.90.970.840.950.830.950.70.710.930.140.960.690.89-0.180.790.95-0.820.91
0.990.690.360.980.990.58-0.860.990.920.950.990.930.960.590.570.990.360.950.870.97-0.250.880.96-0.750.91
Click cells to compare fundamentals

Enghouse Systems Account Relationship Matchups

Enghouse Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets763.6M674.6M705.0M783.7M901.2M946.3M
Short Long Term Debt Total1.1M42.2M25.6M19.9M22.9M24.0M
Other Current Liab39.0M52.8M29.0M13.4M15.4M7.7M
Total Current Liabilities206.6M174.5M163.9M197.5M227.1M238.5M
Total Stockholder Equity496.3M454.3M508.2M555.3M638.6M670.6M
Property Plant And Equipment Net49.1M32.2M24.2M15.5M17.8M18.7M
Net Debt(143.6M)(202.6M)(170.3M)(205.2M)(184.7M)(175.5M)
Retained Earnings379.4M355.0M401.2M426.4M490.4M514.9M
Accounts Payable80.3M71.5M60.5M67.8M77.9M81.8M
Cash244.8M195.9M225.1M239.5M275.5M289.2M
Non Current Assets Total406.3M371.0M370.5M434.3M499.4M524.4M
Cash And Short Term Investments150.3M251.8M198.8M228.1M262.3M275.4M
Net Receivables90.8M91.5M93.6M93.4M107.4M112.8M
Common Stock Shares Outstanding55.6M55.9M55.6M55.3M63.5M53.0M
Liabilities And Stockholders Equity590.6M763.6M674.6M705.0M810.7M851.3M
Non Current Liabilities Total60.7M45.8M33.0M30.8M35.5M20.1M
Other Current Assets14.8M13.3M12.8M15.5M17.8M18.7M
Other Stockholder Equity6.7M6.6M7.4M8.9M8.0M7.6M
Total Liab267.3M220.3M196.8M228.3M262.6M275.7M
Property Plant And Equipment Gross49.1M71.2M70.6M69.3M79.7M83.7M
Total Current Assets357.4M303.7M334.5M349.4M401.8M421.9M
Accumulated Other Comprehensive Income4.6M11.0M(14.6M)(9.0M)(10.3M)(9.8M)
Short Term Debt249K9.9M7.9M6.8M6.1M5.8M
Current Deferred Revenue78.4M89.9M80.6M83.1M95.6M100.4M
Short Term Investments7.0M2.9M3.0M827K744.3K707.1K
Intangible Assets123.6M101.8M85.9M109.7M126.1M132.4M
Good Will217.4M223.0M230.0M280.2M322.3M338.4M
Common Stock81.6M99.4M106.5M107.0M123.1M85.3M
Other Liab26.7M28.5M28.1M19.9M22.9M27.8M
Net Tangible Assets76.9M155.3M129.5M192.3M221.1M232.2M
Other Assets12.7M16.1M13.9M30.3M34.9M36.6M
Property Plant Equipment6.3M49.1M32.2M24.2M27.9M16.8M
Capital Surpluse6.7M6.6M7.4M8.9M10.2M6.5M
Long Term Debt Total874K32.2M17.7M13.1M15.0M11.3M
Cash And Equivalents144.8M244.8M195.9M225.1M258.9M188.1M
Net Invested Capital496.3M454.3M508.2M555.3M638.6M483.7M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enghouse Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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Please note, there is a significant difference between Enghouse Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enghouse Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enghouse Systems' 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.