Enerplus Common Stock Shares Outstanding vs Total Current Liabilities Analysis
ERF Stock | USD 20.00 0.15 0.76% |
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 Common Stock Shares Outstanding and its Total Current Liabilities 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.
Common Stock Shares Outstanding vs Total Current Liabilities
Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enerplus' Common Stock Shares Outstanding and Total Current Liabilities is 0.52. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Enerplus are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Enerplus' Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on Enerplus balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Enerplus are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 |
Enerplus fundamental ratios Correlations
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Enerplus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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.