Enerplus Cash vs Retained Earnings Analysis

ERF Stock

USD 20.35 0.35 1.75%

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

For more detail on how to invest in Enerplus Stock please use our How to Invest in Enerplus guide.

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Cash account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Enerplus' Cash and Retained Earnings is -0.31. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Enerplus are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Enerplus' Cash and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Enerplus, which is listed under current asset account on Enerplus balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Enerplus customers. The amounts must be unrestricted with restricted cash listed in a different Enerplus account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

For more detail on how to invest in Enerplus Stock please use our How to Invest in Enerplus guide.At this time, Enerplus' Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	794.0M	996.7M	1.0B	1.1B
EBITDA	742.5M	1.6B	962.6M	750.2M

Cost Of Revenue Ebitda

Enerplus fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Other Assets	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.72	0.28	0.5	0.98	0.96	0.71	0.41	0.61	-0.23	1.0	0.64	-0.23	0.21	0.18	0.91	0.55	0.96	0.23	0.01	0.05	0.25	-0.32	0.95	-0.15	0.6
Short Long Term Debt Total	0.72		0.5	0.37	0.6	0.59	0.97	0.02	0.16	-0.23	0.71	0.31	-0.24	-0.11	0.36	0.89	0.23	0.83	-0.03	0.02	-0.14	0.2	-0.28	0.63	-0.19	0.94
Other Current Liab	0.28	0.5		0.53	0.18	0.2	0.56	0.04	0.02	-0.43	0.27	-0.03	-0.43	0.33	0.14	0.29	-0.07	0.39	0.24	0.07	0.2	0.24	-0.19	0.12	0.3	0.33
Total Current Liabilities	0.5	0.37	0.53		0.41	0.49	0.38	-0.1	0.77	-0.16	0.47	0.34	-0.17	0.69	0.52	0.37	0.27	0.58	0.74	0.32	0.71	0.72	0.1	0.4	0.23	0.08
Total Stockholder Equity	0.98	0.6	0.18	0.41		0.94	0.58	0.51	0.59	-0.14	0.97	0.65	-0.14	0.21	0.13	0.83	0.55	0.87	0.15	0.06	0.02	0.2	-0.34	0.92	-0.07	0.5
Property Plant And Equipment Net	0.96	0.59	0.2	0.49	0.94		0.62	0.52	0.7	-0.34	0.97	0.64	-0.34	0.22	0.01	0.86	0.6	0.92	0.31	-0.16	0.1	0.16	-0.32	0.97	-0.29	0.45
Net Debt	0.71	0.97	0.56	0.38	0.58	0.62		0.09	0.18	-0.46	0.72	0.28	-0.47	-0.1	0.22	0.89	0.25	0.84	0.02	-0.12	-0.13	0.13	-0.37	0.66	-0.28	0.89
Retained Earnings	0.41	0.02	0.04	-0.1	0.51	0.52	0.09		0.18	-0.31	0.44	0.47	-0.31	-0.17	-0.7	0.3	0.48	0.25	-0.13	-0.39	-0.32	-0.55	-0.59	0.47	-0.25	0.1
Accounts Payable	0.61	0.16	0.02	0.77	0.59	0.7	0.18	0.18		-0.13	0.6	0.6	-0.13	0.57	0.27	0.44	0.58	0.59	0.7	0.12	0.47	0.56	0.02	0.64	-0.13	-0.06
Cash	-0.23	-0.23	-0.43	-0.16	-0.14	-0.34	-0.46	-0.31	-0.13		-0.28	0.0	1.0	-0.01	0.41	-0.32	-0.19	-0.34	-0.19	0.52	0.01	0.17	0.47	-0.37	0.39	-0.15
Non Current Assets Total	1.0	0.71	0.27	0.47	0.97	0.97	0.72	0.44	0.6	-0.28		0.65	-0.28	0.16	0.12	0.92	0.57	0.96	0.21	-0.07	0.02	0.19	-0.33	0.96	-0.21	0.6
Non Currrent Assets Other	0.64	0.31	-0.03	0.34	0.65	0.64	0.28	0.47	0.6	0.0	0.65		0.0	-0.08	-0.01	0.55	0.96	0.56	0.07	-0.13	-0.11	0.02	-0.15	0.61	-0.29	0.3
Cash And Short Term Investments	-0.23	-0.24	-0.43	-0.17	-0.14	-0.34	-0.47	-0.31	-0.13	1.0	-0.28	0.0		-0.01	0.41	-0.32	-0.19	-0.34	-0.18	0.52	0.01	0.17	0.47	-0.37	0.39	-0.15
Net Receivables	0.21	-0.11	0.33	0.69	0.21	0.22	-0.1	-0.17	0.57	-0.01	0.16	-0.08	-0.01		0.43	-0.08	-0.15	0.19	0.8	0.49	0.76	0.74	0.09	0.09	0.56	-0.4
Common Stock Shares Outstanding	0.18	0.36	0.14	0.52	0.13	0.01	0.22	-0.7	0.27	0.41	0.12	-0.01	0.41	0.43		0.16	-0.16	0.24	0.24	0.77	0.42	0.86	0.32	0.03	0.46	0.21
Non Current Liabilities Total	0.91	0.89	0.29	0.37	0.83	0.86	0.89	0.3	0.44	-0.32	0.92	0.55	-0.32	-0.08	0.16		0.5	0.95	0.06	-0.14	-0.17	0.13	-0.34	0.9	-0.4	0.83
Other Stockholder Equity	0.55	0.23	-0.07	0.27	0.55	0.6	0.25	0.48	0.58	-0.19	0.57	0.96	-0.19	-0.15	-0.16	0.5		0.51	0.08	-0.33	-0.13	-0.08	-0.18	0.59	-0.44	0.21
Total Liab	0.96	0.83	0.39	0.58	0.87	0.92	0.84	0.25	0.59	-0.34	0.96	0.56	-0.34	0.19	0.24	0.95	0.51		0.31	-0.07	0.08	0.3	-0.26	0.91	-0.25	0.68
Property Plant And Equipment Gross	0.23	-0.03	0.24	0.74	0.15	0.31	0.02	-0.13	0.7	-0.19	0.21	0.07	-0.18	0.8	0.24	0.06	0.08	0.31		0.17	0.66	0.56	0.18	0.2	0.08	-0.29
Total Current Assets	0.01	0.02	0.07	0.32	0.06	-0.16	-0.12	-0.39	0.12	0.52	-0.07	-0.13	0.52	0.49	0.77	-0.14	-0.33	-0.07	0.17		0.33	0.67	0.14	-0.16	0.7	-0.04
Short Term Debt	0.05	-0.14	0.2	0.71	0.02	0.1	-0.13	-0.32	0.47	0.01	0.02	-0.11	0.01	0.76	0.42	-0.17	-0.13	0.08	0.66	0.33		0.63	0.32	-0.03	0.5	-0.43
Current Deferred Revenue	0.25	0.2	0.24	0.72	0.2	0.16	0.13	-0.55	0.56	0.17	0.19	0.02	0.17	0.74	0.86	0.13	-0.08	0.3	0.56	0.67	0.63		0.27	0.14	0.45	-0.06
Other Assets	-0.32	-0.28	-0.19	0.1	-0.34	-0.32	-0.37	-0.59	0.02	0.47	-0.33	-0.15	0.47	0.09	0.32	-0.34	-0.18	-0.26	0.18	0.14	0.32	0.27		-0.31	0.06	-0.34
Other Liab	0.95	0.63	0.12	0.4	0.92	0.97	0.66	0.47	0.64	-0.37	0.96	0.61	-0.37	0.09	0.03	0.9	0.59	0.91	0.2	-0.16	-0.03	0.14	-0.31		-0.39	0.53
Net Tangible Assets	-0.15	-0.19	0.3	0.23	-0.07	-0.29	-0.28	-0.25	-0.13	0.39	-0.21	-0.29	0.39	0.56	0.46	-0.4	-0.44	-0.25	0.08	0.7	0.5	0.45	0.06	-0.39		-0.29
Long Term Debt	0.6	0.94	0.33	0.08	0.5	0.45	0.89	0.1	-0.06	-0.15	0.6	0.3	-0.15	-0.4	0.21	0.83	0.21	0.68	-0.29	-0.04	-0.43	-0.06	-0.34	0.53	-0.29

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Enerplus Account Relationship Matchups

Enerplus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	1.2B	2.0B	1.9B	2.1B	2.8B
Short Long Term Debt Total	505.0M	413.5M	730.7M	282.4M	212.4M	201.8M
Other Current Liab	2.1M	15.1M	143.2M	120.7M	91.6M	71.8M
Total Current Liabilities	321.5M	306.3M	621.4M	503.2M	478.4M	294.2M
Total Stockholder Equity	1.1B	420.1M	609.3M	1.1B	1.2B	1.7B
Property Plant And Equipment Net	1.2B	492.4M	1.3B	1.4B	1.5B	2.2B
Net Debt	388.9M	323.7M	669.3M	244.4M	145.7M	138.4M
Retained Earnings	(1.5B)	(2.3B)	(2.2B)	(1.5B)	(1.2B)	(1.3B)
Accounts Payable	142.1M	113.4M	260.8M	288.2M	294.1M	169.1M
Cash	116.1M	89.8M	61.3M	38M	66.7M	50.2M
Non Current Assets Total	1.7B	968.5M	1.7B	1.5B	1.7B	2.6B
Non Currrent Assets Other	10.6M	1.0	9.8M	21.2M	5.9M	5.6M
Cash And Short Term Investments	116.1M	89.8M	61.3M	38M	66.7M	52.4M
Net Receivables	156.1M	83.4M	228.0M	276.6M	268.4M	281.9M
Common Stock Shares Outstanding	231.3M	222.5M	259.9M	242.7M	217.9M	162.8M
Liabilities And Stockholders Equity	2.0B	1.2B	2.0B	1.9B	2.1B	2.8B
Non Current Liabilities Total	516.1M	423.7M	759.3M	358.2M	362.8M	344.6M
Other Stockholder Equity	45.5M	39.7M	50.9M	50.5M	44.5M	42.3M
Total Liab	837.7M	729.9M	1.4B	861.4M	841.1M	1.1B
Property Plant And Equipment Gross	1.6B	627.9M	13.2B	7.3B	7.9B	8.3B
Total Current Assets	282.6M	181.6M	306.0M	407.7M	383.3M	218.9M
Accumulated Other Comprehensive Income	236.0M	251.0M	(297.3M)	(301.3M)	(346.5M)	(329.2M)
Short Term Debt	94.6M	91.9M	111.2M	94.3M	92.7M	97.3M
Current Deferred Revenue	86.5M	82.8M	85.9M	106.2M	122.2M	81.7M
Other Assets	1.0	607.0M	390.6M	176.2M	202.6M	212.7M
Other Liab	138.0M	130.2M	139.9M	170.0M	195.5M	215.1M
Net Tangible Assets	1.3B	535.7M	609.3M	1.1B	1.2B	1.3B
Long Term Debt	500.6M	386.6M	601.2M	178.9M	105.4M	100.2M
Common Stock Total Equity	3.4B	3.3B	3.1B	3.1B	3.6B	3.7B
Inventory	8.1M	2.8M	5.7M	36.5M	3.2M	3.0M
Other Current Assets	2.3M	5.6M	11.0M	56.6M	45.0M	47.2M
Short Long Term Debt	106.0M	103.8M	100.6M	80.6M	92.7M	79.1M
Common Stock	2.4B	2.4B	3.1B	2.8B	2.7B	3.3B
Property Plant Equipment	1.6B	627.9M	1.3B	1.4B	1.2B	2.0B
Long Term Debt Total	500.6M	386.6M	601.2M	178.9M	205.8M	195.5M
Capital Surpluse	59.5M	50.6M	50.9M	50.5M	58.0M	50.9M
Capital Lease Obligations	53.1M	36.8M	28.9M	22.9M	26.4M	20.6M

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When determining whether Enerplus is a strong investment it is important to analyze Enerplus' 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 Enerplus' future performance. For an informed investment choice regarding Enerplus Stock, refer to the following important reports:

How To Invest In Enerplus

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Is Enerplus Stock a good investment?

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What is Enerplus' Net Worth?

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

For more detail on how to invest in Enerplus Stock please use our How to Invest in Enerplus guide.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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

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Is Enerplus' 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 Enerplus. If investors know Enerplus 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 Enerplus 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

(0.48)

Dividend Share

0.24

Earnings Share

1.79

Revenue Per Share

7.102

Quarterly Revenue Growth

(0.13)

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

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

Correlation Coefficient

Cash

Retained Earnings

Enerplus fundamental ratios Correlations

Enerplus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enerplus fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Net Debt	+ 0.97	Short Long Term Debt Total
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.7	Retained Earnings
Other Assets	- 0.59	Retained Earnings
Current Deferred Revenue	- 0.55	Retained Earnings
Cash And Short Term Investments	- 0.47	Net Debt
Cash	- 0.46	Net Debt
Net Tangible Assets	- 0.44	Other Stockholder Equity