Enerplus Short Long Term Debt Total vs Short Term Debt 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 Short Long Term Debt Total and its Short Term Debt 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.

Short Long Term Debt Total vs Short Term Debt

Short Long Term Debt Total vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Short Long Term Debt Total account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Enerplus' Short Long Term Debt Total and Short Term Debt is -0.14. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Short Long Term Debt Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Enerplus are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt Total i.e., Enerplus' Short Long Term Debt Total and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Short Term Debt

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 Revenue794.0M996.7M1.0B1.1B
EBITDA742.5M1.6B962.6M750.2M

Enerplus fundamental ratios Correlations

0.720.280.50.980.960.710.410.61-0.231.00.64-0.230.210.180.910.550.960.230.010.050.25-0.320.95-0.150.6
0.720.50.370.60.590.970.020.16-0.230.710.31-0.24-0.110.360.890.230.83-0.030.02-0.140.2-0.280.63-0.190.94
0.280.50.530.180.20.560.040.02-0.430.27-0.03-0.430.330.140.29-0.070.390.240.070.20.24-0.190.120.30.33
0.50.370.530.410.490.38-0.10.77-0.160.470.34-0.170.690.520.370.270.580.740.320.710.720.10.40.230.08
0.980.60.180.410.940.580.510.59-0.140.970.65-0.140.210.130.830.550.870.150.060.020.2-0.340.92-0.070.5
0.960.590.20.490.940.620.520.7-0.340.970.64-0.340.220.010.860.60.920.31-0.160.10.16-0.320.97-0.290.45
0.710.970.560.380.580.620.090.18-0.460.720.28-0.47-0.10.220.890.250.840.02-0.12-0.130.13-0.370.66-0.280.89
0.410.020.04-0.10.510.520.090.18-0.310.440.47-0.31-0.17-0.70.30.480.25-0.13-0.39-0.32-0.55-0.590.47-0.250.1
0.610.160.020.770.590.70.180.18-0.130.60.6-0.130.570.270.440.580.590.70.120.470.560.020.64-0.13-0.06
-0.23-0.23-0.43-0.16-0.14-0.34-0.46-0.31-0.13-0.280.01.0-0.010.41-0.32-0.19-0.34-0.190.520.010.170.47-0.370.39-0.15
1.00.710.270.470.970.970.720.440.6-0.280.65-0.280.160.120.920.570.960.21-0.070.020.19-0.330.96-0.210.6
0.640.31-0.030.340.650.640.280.470.60.00.650.0-0.08-0.010.550.960.560.07-0.13-0.110.02-0.150.61-0.290.3
-0.23-0.24-0.43-0.17-0.14-0.34-0.47-0.31-0.131.0-0.280.0-0.010.41-0.32-0.19-0.34-0.180.520.010.170.47-0.370.39-0.15
0.21-0.110.330.690.210.22-0.1-0.170.57-0.010.16-0.08-0.010.43-0.08-0.150.190.80.490.760.740.090.090.56-0.4
0.180.360.140.520.130.010.22-0.70.270.410.12-0.010.410.430.16-0.160.240.240.770.420.860.320.030.460.21
0.910.890.290.370.830.860.890.30.44-0.320.920.55-0.32-0.080.160.50.950.06-0.14-0.170.13-0.340.9-0.40.83
0.550.23-0.070.270.550.60.250.480.58-0.190.570.96-0.19-0.15-0.160.50.510.08-0.33-0.13-0.08-0.180.59-0.440.21
0.960.830.390.580.870.920.840.250.59-0.340.960.56-0.340.190.240.950.510.31-0.070.080.3-0.260.91-0.250.68
0.23-0.030.240.740.150.310.02-0.130.7-0.190.210.07-0.180.80.240.060.080.310.170.660.560.180.20.08-0.29
0.010.020.070.320.06-0.16-0.12-0.390.120.52-0.07-0.130.520.490.77-0.14-0.33-0.070.170.330.670.14-0.160.7-0.04
0.05-0.140.20.710.020.1-0.13-0.320.470.010.02-0.110.010.760.42-0.17-0.130.080.660.330.630.32-0.030.5-0.43
0.250.20.240.720.20.160.13-0.550.560.170.190.020.170.740.860.13-0.080.30.560.670.630.270.140.45-0.06
-0.32-0.28-0.190.1-0.34-0.32-0.37-0.590.020.47-0.33-0.150.470.090.32-0.34-0.18-0.260.180.140.320.27-0.310.06-0.34
0.950.630.120.40.920.970.660.470.64-0.370.960.61-0.370.090.030.90.590.910.2-0.16-0.030.14-0.31-0.390.53
-0.15-0.190.30.23-0.07-0.29-0.28-0.25-0.130.39-0.21-0.290.390.560.46-0.4-0.44-0.250.080.70.50.450.06-0.39-0.29
0.60.940.330.080.50.450.890.1-0.06-0.150.60.3-0.15-0.40.210.830.210.68-0.29-0.04-0.43-0.06-0.340.53-0.29
Click cells to compare fundamentals

Enerplus Account Relationship Matchups

Enerplus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.2B2.0B1.9B2.1B2.8B
Short Long Term Debt Total505.0M413.5M730.7M282.4M212.4M201.8M
Other Current Liab2.1M15.1M143.2M120.7M91.6M71.8M
Total Current Liabilities321.5M306.3M621.4M503.2M478.4M294.2M
Total Stockholder Equity1.1B420.1M609.3M1.1B1.2B1.7B
Property Plant And Equipment Net1.2B492.4M1.3B1.4B1.5B2.2B
Net Debt388.9M323.7M669.3M244.4M145.7M138.4M
Retained Earnings(1.5B)(2.3B)(2.2B)(1.5B)(1.2B)(1.3B)
Accounts Payable142.1M113.4M260.8M288.2M294.1M169.1M
Cash116.1M89.8M61.3M38M66.7M50.2M
Non Current Assets Total1.7B968.5M1.7B1.5B1.7B2.6B
Non Currrent Assets Other10.6M1.09.8M21.2M5.9M5.6M
Cash And Short Term Investments116.1M89.8M61.3M38M66.7M52.4M
Net Receivables156.1M83.4M228.0M276.6M268.4M281.9M
Common Stock Shares Outstanding231.3M222.5M259.9M242.7M217.9M162.8M
Liabilities And Stockholders Equity2.0B1.2B2.0B1.9B2.1B2.8B
Non Current Liabilities Total516.1M423.7M759.3M358.2M362.8M344.6M
Other Stockholder Equity45.5M39.7M50.9M50.5M44.5M42.3M
Total Liab837.7M729.9M1.4B861.4M841.1M1.1B
Property Plant And Equipment Gross1.6B627.9M13.2B7.3B7.9B8.3B
Total Current Assets282.6M181.6M306.0M407.7M383.3M218.9M
Accumulated Other Comprehensive Income236.0M251.0M(297.3M)(301.3M)(346.5M)(329.2M)
Short Term Debt94.6M91.9M111.2M94.3M92.7M97.3M
Current Deferred Revenue86.5M82.8M85.9M106.2M122.2M81.7M
Other Assets1.0607.0M390.6M176.2M202.6M212.7M
Other Liab138.0M130.2M139.9M170.0M195.5M215.1M
Net Tangible Assets1.3B535.7M609.3M1.1B1.2B1.3B
Long Term Debt500.6M386.6M601.2M178.9M105.4M100.2M
Common Stock Total Equity3.4B3.3B3.1B3.1B3.6B3.7B
Inventory8.1M2.8M5.7M36.5M3.2M3.0M
Other Current Assets2.3M5.6M11.0M56.6M45.0M47.2M
Short Long Term Debt106.0M103.8M100.6M80.6M92.7M79.1M
Common Stock2.4B2.4B3.1B2.8B2.7B3.3B
Property Plant Equipment1.6B627.9M1.3B1.4B1.2B2.0B
Long Term Debt Total500.6M386.6M601.2M178.9M205.8M195.5M
Capital Surpluse59.5M50.6M50.9M50.5M58.0M50.9M
Capital Lease Obligations53.1M36.8M28.9M22.9M26.4M20.6M

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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:
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.