Encore Deferred Long Term Liab vs Net Receivables Analysis
WIRE Stock | USD 280.57 0.00 0.00% |
Encore Wire financial indicator trend analysis is much more than just examining Encore Wire latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Encore Wire is a good investment. Please check the relationship between Encore Wire Deferred Long Term Liab and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. 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 information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.
Deferred Long Term Liab vs Net Receivables
Deferred Long Term Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Encore Wire Deferred Long Term Liab account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Encore Wire's Deferred Long Term Liab and Net Receivables is 0.86. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Encore Wire, assuming nothing else is changed. The correlation between historical values of Encore Wire's Deferred Long Term Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Encore Wire are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Deferred Long Term Liab i.e., Encore Wire's Deferred Long Term Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Net Receivables
Most indicators from Encore Wire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Encore Wire 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. 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 information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.At present, Encore Wire's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 867.7M | 1.1B | 655.9M | 688.7M | Total Revenue | 2.6B | 3.0B | 2.6B | 2.7B |
Encore Wire fundamental ratios Correlations
Click cells to compare fundamentals
Encore Wire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Encore Wire fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 883.2M | 966.5M | 1.5B | 2.0B | 2.0B | 2.1B | |
Total Current Liabilities | 75.3M | 93.6M | 154.1M | 144.2M | 160.1M | 168.1M | |
Total Stockholder Equity | 779.1M | 837.7M | 1.3B | 1.8B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 333.2M | 410.8M | 494.9M | 616.6M | 756.9M | 794.7M | |
Net Debt | (231.0M) | (183.1M) | (439.0M) | (730.6M) | (560.6M) | (532.6M) | |
Retained Earnings | 806.9M | 881.3M | 1.4B | 2.1B | 2.5B | 2.6B | |
Accounts Payable | 40.5M | 56.7M | 75.4M | 62.8M | 80.5M | 84.6M | |
Non Current Assets Total | 333.9M | 411.3M | 495.5M | 617.1M | 757.3M | 795.2M | |
Non Currrent Assets Other | (28.0M) | (34.6M) | (36.8M) | (55.4M) | (59.7M) | (62.7M) | |
Net Receivables | 223.1M | 275.8M | 491.1M | 498.8M | 480.1M | 504.1M | |
Common Stock Shares Outstanding | 21.0M | 20.7M | 20.6M | 19.4M | 17.2M | 19.3M | |
Liabilities And Stockholders Equity | 883.2M | 966.5M | 1.5B | 2.0B | 2.0B | 2.1B | |
Non Current Liabilities Total | 28.8M | 35.1M | 37.3M | 55.9M | 60.2M | 43.9M | |
Inventory | 89.7M | 92.3M | 100.8M | 153.2M | 163.7M | 171.9M | |
Other Current Assets | 5.5M | 3.9M | 4.1M | 19.1M | 6.2M | 5.0M | |
Other Stockholder Equity | (28.0M) | (43.8M) | (82.3M) | (319.0M) | (761.2M) | (723.1M) | |
Total Liab | 104.1M | 128.7M | 191.4M | 200.1M | 220.3M | 231.4M | |
Property Plant And Equipment Gross | 333.2M | 694.7M | 760.1M | 897.3M | 1.1B | 1.1B | |
Total Current Assets | 549.2M | 555.1M | 1.0B | 1.4B | 1.2B | 1.3B | |
Cash | 231.0M | 183.1M | 439.0M | 730.6M | 560.6M | 588.7M | |
Cash And Short Term Investments | 231.0M | 183.1M | 439.0M | 730.6M | 560.6M | 588.7M | |
Other Assets | 737K | 553K | 570K | 490K | 563.5K | 559.3K | |
Property Plant Equipment | 333.2M | 410.8M | 494.9M | 616.6M | 709.1M | 744.5M | |
Other Liab | 28.8M | 35.1M | 37.3M | 55.9M | 64.3M | 67.5M | |
Net Tangible Assets | 779.1M | 837.7M | 1.3B | 1.8B | 2.1B | 2.2B | |
Retained Earnings Total Equity | 806.9M | 881.3M | 1.4B | 2.1B | 2.5B | 2.6B | |
Capital Surpluse | 63.0M | 67.9M | 72.8M | 83.6M | 96.2M | 65.1M | |
Deferred Long Term Liab | 28.8M | 35.1M | 37.3M | 55.9M | 64.3M | 67.5M | |
Accumulated Depreciation | (238.5M) | (252.8M) | (266.7M) | (283.9M) | (255.5M) | (268.3M) | |
Net Invested Capital | 779.1M | 837.7M | 1.3B | 1.8B | 1.7B | 1.2B | |
Net Working Capital | 473.9M | 461.5M | 881.0M | 1.3B | 1.1B | 777.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Encore Wire is a strong investment it is important to analyze Encore Wire's 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 Encore Wire's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. 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 information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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Is Encore Wire's 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 Encore Wire. If investors know Encore 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 Encore Wire 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 (0.40) | Dividend Share 0.08 | Earnings Share 19.05 | Revenue Per Share 155.987 | Quarterly Revenue Growth (0.04) |
The market value of Encore Wire is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire's 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 Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire's 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 Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Wire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire's 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.