Ensign Operating Income vs Depreciation And Amortization Analysis
ENSG Stock | USD 119.25 0.31 0.26% |
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 Operating Income and its Depreciation And Amortization 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.
Operating Income vs Depreciation And Amortization
Operating Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ensign Group Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ensign's Operating Income and Depreciation And Amortization is 0.91. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization 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 Operating Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of The Ensign Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., Ensign's Operating Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 |
Ensign fundamental ratios Correlations
Click cells to compare fundamentals
Ensign Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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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.