Ensign Non Recurring vs Operating Income Analysis

ENSG Stock

USD 119.56 0.23 0.19%

Ensign financial indicator trend analysis is much more than just examining Ensign Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ensign Group is a good investment. Please check the relationship between Ensign Non Recurring and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Non Recurring vs Operating Income

Non Recurring vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ensign Group Non Recurring account and Operating Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Ensign's Non Recurring and Operating Income is -0.84. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Operating Income in the same time period over historical financial statements of The Ensign Group, assuming nothing else is changed. The correlation between historical values of Ensign's Non Recurring and Operating 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 Non Recurring of The Ensign Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Non Recurring i.e., Ensign's Non Recurring and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.84

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Non Recurring

Operating Income

Operating Income is the amount of profit realized from Ensign Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of The Ensign Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Ensign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ensign Group 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 The Ensign Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

At this time, Ensign's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Ensign's current Enterprise Value Multiple is estimated to increase to 22.63, while Issuance Of Capital Stock is projected to decrease to 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	468.2M	518.0M	590.8M	620.3M
Total Revenue	2.6B	3.0B	3.7B	3.9B

Gross Profit Total Revenue

Ensign fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.99	0.98	0.96	0.94	0.23	0.95	0.66	0.99	0.42	1.0	0.98	0.98	0.98	0.99	0.98	0.96	1.0	-0.33	0.95	0.64	0.21	0.99	0.99	-0.46	0.62
Short Long Term Debt Total	0.99		0.94	0.99	0.91	0.22	0.91	0.62	1.0	0.33	1.0	0.93	0.94	0.95	1.0	0.94	0.91	0.99	-0.33	0.9	0.6	0.21	0.99	0.99	-0.56	0.58
Total Stockholder Equity	0.98	0.94		0.9	0.95	0.17	0.96	0.68	0.95	0.48	0.97	0.99	0.97	0.98	0.96	0.99	0.99	0.97	-0.34	0.96	0.66	0.21	0.97	0.96	-0.35	0.64
Net Debt	0.96	0.99	0.9		0.84	0.22	0.85	0.64	0.99	0.34	0.98	0.89	0.91	0.92	0.98	0.9	0.87	0.97	-0.34	0.88	0.62	0.22	0.97	0.97	-0.56	0.61
Cash	0.94	0.91	0.95	0.84		0.21	1.0	0.47	0.91	0.25	0.93	0.96	0.94	0.95	0.92	0.97	0.94	0.93	-0.25	0.86	0.46	0.17	0.95	0.94	-0.46	0.43
Other Assets	0.23	0.22	0.17	0.22	0.21		0.21	0.27	0.22	0.12	0.26	0.2	0.39	0.35	0.25	0.15	0.13	0.24	0.05	0.18	0.27	-0.05	0.22	0.25	-0.21	0.29
Cash And Short Term Investments	0.95	0.91	0.96	0.85	1.0	0.21		0.49	0.92	0.26	0.93	0.97	0.95	0.95	0.93	0.98	0.95	0.94	-0.26	0.87	0.48	0.17	0.95	0.95	-0.46	0.44
Common Stock Shares Outstanding	0.66	0.62	0.68	0.64	0.47	0.27	0.49		0.63	0.87	0.65	0.67	0.68	0.68	0.63	0.58	0.67	0.66	-0.26	0.78	0.94	0.26	0.6	0.59	0.14	0.95
Non Current Liabilities Total	0.99	1.0	0.95	0.99	0.91	0.22	0.92	0.63		0.35	1.0	0.94	0.95	0.96	1.0	0.95	0.92	1.0	-0.33	0.91	0.61	0.21	0.99	0.99	-0.54	0.59
Other Stockholder Equity	0.42	0.33	0.48	0.34	0.25	0.12	0.26	0.87	0.35		0.38	0.48	0.46	0.46	0.36	0.36	0.5	0.39	-0.15	0.65	0.92	0.12	0.34	0.32	0.47	0.92
Total Liab	1.0	1.0	0.97	0.98	0.93	0.26	0.93	0.65	1.0	0.38		0.96	0.97	0.98	1.0	0.96	0.94	1.0	-0.32	0.93	0.63	0.21	1.0	1.0	-0.51	0.61
Total Current Assets	0.98	0.93	0.99	0.89	0.96	0.2	0.97	0.67	0.94	0.48	0.96		0.97	0.98	0.95	0.98	0.99	0.96	-0.29	0.96	0.65	0.17	0.96	0.95	-0.31	0.63
Other Current Liab	0.98	0.94	0.97	0.91	0.94	0.39	0.95	0.68	0.95	0.46	0.97	0.97		1.0	0.96	0.95	0.95	0.97	-0.27	0.94	0.67	0.24	0.96	0.96	-0.4	0.66
Total Current Liabilities	0.98	0.95	0.98	0.92	0.95	0.35	0.95	0.68	0.96	0.46	0.98	0.98	1.0		0.97	0.96	0.96	0.98	-0.29	0.95	0.67	0.22	0.97	0.97	-0.4	0.66
Property Plant And Equipment Net	0.99	1.0	0.96	0.98	0.92	0.25	0.93	0.63	1.0	0.36	1.0	0.95	0.96	0.97		0.96	0.93	1.0	-0.34	0.91	0.61	0.23	1.0	1.0	-0.54	0.59
Retained Earnings	0.98	0.94	0.99	0.9	0.97	0.15	0.98	0.58	0.95	0.36	0.96	0.98	0.95	0.96	0.96		0.97	0.97	-0.36	0.92	0.56	0.2	0.97	0.97	-0.45	0.53
Accounts Payable	0.96	0.91	0.99	0.87	0.94	0.13	0.95	0.67	0.92	0.5	0.94	0.99	0.95	0.96	0.93	0.97		0.95	-0.33	0.97	0.65	0.13	0.94	0.93	-0.25	0.63
Non Current Assets Total	1.0	0.99	0.97	0.97	0.93	0.24	0.94	0.66	1.0	0.39	1.0	0.96	0.97	0.98	1.0	0.97	0.95		-0.34	0.93	0.63	0.22	1.0	1.0	-0.5	0.62
Non Currrent Assets Other	-0.33	-0.33	-0.34	-0.34	-0.25	0.05	-0.26	-0.26	-0.33	-0.15	-0.32	-0.29	-0.27	-0.29	-0.34	-0.36	-0.33	-0.34		-0.3	-0.24	0.07	-0.3	-0.33	0.2	-0.26
Net Receivables	0.95	0.9	0.96	0.88	0.86	0.18	0.87	0.78	0.91	0.65	0.93	0.96	0.94	0.95	0.91	0.92	0.97	0.93	-0.3		0.79	0.14	0.92	0.9	-0.17	0.77
Common Stock Total Equity	0.64	0.6	0.66	0.62	0.46	0.27	0.48	0.94	0.61	0.92	0.63	0.65	0.67	0.67	0.61	0.56	0.65	0.63	-0.24	0.79		0.23	0.59	0.58	0.13	0.99
Other Current Assets	0.21	0.21	0.21	0.22	0.17	-0.05	0.17	0.26	0.21	0.12	0.21	0.17	0.24	0.22	0.23	0.2	0.13	0.22	0.07	0.14	0.23		0.2	0.22	-0.2	0.24
Property Plant And Equipment Gross	0.99	0.99	0.97	0.97	0.95	0.22	0.95	0.6	0.99	0.34	1.0	0.96	0.96	0.97	1.0	0.97	0.94	1.0	-0.3	0.92	0.59	0.2		1.0	-0.53	0.56
Short Term Debt	0.99	0.99	0.96	0.97	0.94	0.25	0.95	0.59	0.99	0.32	1.0	0.95	0.96	0.97	1.0	0.97	0.93	1.0	-0.33	0.9	0.58	0.22	1.0		-0.56	0.56
Intangible Assets	-0.46	-0.56	-0.35	-0.56	-0.46	-0.21	-0.46	0.14	-0.54	0.47	-0.51	-0.31	-0.4	-0.4	-0.54	-0.45	-0.25	-0.5	0.2	-0.17	0.13	-0.2	-0.53	-0.56		0.16
Common Stock	0.62	0.58	0.64	0.61	0.43	0.29	0.44	0.95	0.59	0.92	0.61	0.63	0.66	0.66	0.59	0.53	0.63	0.62	-0.26	0.77	0.99	0.24	0.56	0.56	0.16

Click cells to compare fundamentals

Ensign Account Relationship Matchups

Ensign fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.5B	2.9B	3.5B	4.2B	4.4B
Short Long Term Debt Total	1.3B	1.1B	1.3B	1.6B	1.9B	2.0B
Total Stockholder Equity	656.1M	818.2M	1.0B	1.2B	1.5B	1.6B
Net Debt	1.3B	877.4M	1.0B	1.3B	1.4B	1.4B
Cash	59.2M	236.6M	262.2M	316.3M	509.6M	535.1M
Other Assets	44.9M	1.1B	80.2M	76.9M	88.5M	110.8M
Cash And Short Term Investments	76.9M	250.0M	276.0M	331.7M	526.9M	553.2M
Common Stock Shares Outstanding	56.0M	55.8M	56.9M	56.9M	57.3M	50.2M
Liabilities And Stockholders Equity	2.4B	2.5B	2.9B	3.5B	4.2B	4.4B
Non Current Liabilities Total	1.4B	1.2B	1.3B	1.6B	1.9B	2.0B
Other Stockholder Equity	264.6M	267.1M	287.7M	302.4M	349.2M	193.4M
Total Liab	1.7B	1.7B	1.8B	2.2B	2.7B	2.8B
Total Current Assets	411.1M	583.0M	639.7M	781.1M	1.0B	1.1B
Other Current Liab	239.8M	450.1M	399.7M	425.6M	544.6M	571.9M
Total Current Liabilities	343.2M	562.4M	523.1M	582.1M	734.7M	771.5M
Property Plant And Equipment Net	1.8B	1.8B	2.0B	2.4B	2.8B	3.0B
Retained Earnings	391.5M	551.1M	734.0M	946.3M	1.1B	1.2B
Accounts Payable	45.0M	50.9M	58.1M	77.1M	92.8M	97.5M
Non Current Assets Total	2.0B	2.0B	2.2B	2.7B	3.1B	3.3B
Non Currrent Assets Other	40.3M	33.3M	47.0M	(67.5B)	40.2M	42.2M
Net Receivables	309.0M	305.1M	328.7M	408.4M	485.0M	509.3M
Common Stock Total Equity	55K	56K	58K	59K	67.9K	39.2K
Other Current Assets	42.9M	41.3M	48.8B	36.3M	35.0M	33.3M
Property Plant And Equipment Gross	1.8B	1.8B	2.0B	2.4B	3.2B	3.4B
Short Term Debt	47.7M	51.1M	55.9M	69.7M	86.5M	90.8M
Intangible Assets	6.5M	6.6M	6.4M	6.4M	6.5M	6.2M
Common Stock	55K	56K	58K	59K	60K	40.6K
Other Liab	63.4M	102.1M	96.4M	116.8M	134.3M	141.0M
Long Term Debt	325.2M	112.5M	152.9M	149.3M	145.5M	179.4M
Property Plant Equipment	767.6M	778.2M	2.0B	992.0M	1.1B	572.6M
Current Deferred Revenue	10.7M	10.3M	9.3M	9.7M	10.8M	8.7M
Net Tangible Assets	593.3M	757.0M	953.9M	1.2B	1.3B	1.4B
Noncontrolling Interest In Consolidated Entity	1.9M	150K	946K	1.5M	1.7M	2.5M
Retained Earnings Total Equity	391.5M	551.1M	734.0M	946.3M	1.1B	1.1B
Short Term Investments	17.8M	13.4M	13.8M	15.4M	17.2M	11.0M

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When determining whether Ensign Group is a strong investment it is important to analyze Ensign's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:

How To Invest In Ensign

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Is Ensign Stock a good investment?

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What is Ensign's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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

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Is Ensign'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 Ensign. If investors know Ensign 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 Ensign 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

0.133

Dividend Share

0.235

Earnings Share

3.79

Revenue Per Share

68.838

Quarterly Revenue Growth

0.139

The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign'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 Ensign's market value can be influenced by many factors that don't directly affect Ensign'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 Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign'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.

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Ensign Non Recurring vs Operating Income Analysis

Non Recurring vs Operating Income

Non Recurring vs Operating Income Correlation Analysis

Correlation Coefficient

Non Recurring

Operating Income

Ensign fundamental ratios Correlations

Ensign Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ensign fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash

Intangible Assets	- 0.56	Short Term Debt
Intangible Assets	- 0.56	Net Debt
Intangible Assets	- 0.56	Short Long Term Debt Total
Intangible Assets	- 0.54	Property Plant And Equipment Net
Intangible Assets	- 0.54	Non Current Liabilities Total
Intangible Assets	- 0.53	Property Plant And Equipment Gross