Enerplus Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings and its Cash And Short Term Investments 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.
Retained Earnings vs Cash And Short Term Investments
Retained Earnings vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enerplus' Retained Earnings and Cash And Short Term Investments is -0.31. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Enerplus are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Enerplus' Retained Earnings and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Enerplus balance sheet. This account contains Enerplus investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Enerplus fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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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.