Enerplus Other Stockholder Equity vs Accounts Payable 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 Other Stockholder Equity and its Accounts Payable 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.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Enerplus' Other Stockholder Equity and Accounts Payable is 0.58. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Enerplus are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Enerplus' Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Enerplus obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Enerplus are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

Click cells to compare fundamentals

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

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

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

Details

Is Enerplus Stock a good investment?

Details

What is Enerplus' Net Worth?

Details

Largest Oil & Gas E&P Companies

View

Largest Energy Companies

View

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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Enerplus Stock analysis

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.

	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	CEOs Directory Screen CEOs from public companies around the world
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Transaction History View history of all your transactions and understand their impact on performance

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Enerplus Other Stockholder Equity vs Accounts Payable Analysis

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Accounts Payable

Enerplus fundamental ratios Correlations

Enerplus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enerplus fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Enerplus Stock analysis

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