Enterprise Balance Sheet Analysis From 2010 to 2024
EBTC Stock | USD 24.43 0.19 0.78% |
Enterprise |
Most indicators from Enterprise Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Bancorp 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 Enterprise Bancorp Valuation and Enterprise Bancorp Correlation analysis. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.At present, Enterprise Bancorp's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.5M | 9.1M | 48.0M | 50.4M | Depreciation And Amortization | 7.8M | 7.0M | 6.2M | 4.6M |
Enterprise Bancorp fundamental ratios Correlations
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Enterprise Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enterprise Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 4.0B | 4.4B | 4.4B | 4.5B | 4.7B | |
Other Current Liab | (846K) | (1.9M) | (1.5M) | (24.4M) | 2.5B | 2.6B | |
Net Debt | 65.4M | (157.7M) | (348.5M) | (180.8M) | 147.2M | 154.5M | |
Retained Earnings | 191.8M | 215.0M | 241.8M | 274.6M | 301.4M | 316.4M | |
Cash | 63.8M | 253.8M | 436.6M | 267.6M | (37.4M) | (35.6M) | |
Other Assets | 2.6B | 3.1B | 3.0B | 3.3B | 3.7B | 3.9B | |
Net Receivables | 12.3M | 16.1M | 13.4M | 17.1M | 19.2M | 20.2M | |
Total Liab | 2.9B | 3.7B | 4.1B | 4.2B | 4.1B | 4.3B | |
Total Current Assets | 76.1M | 269.9M | 449.9M | 284.7M | 77.4M | 73.5M | |
Short Term Debt | 96.9M | 5.6M | 3.9M | 24.4M | 21.5M | 20.4M | |
Common Stock | 118K | 119K | 120K | 121K | 123K | 85.6K | |
Other Current Assets | 76.7M | 272.3M | 450.2M | 285.4M | 77.4M | 73.5M | |
Other Liab | 40.5M | 28.9M | 3.7M | 4.3M | 4.9M | 4.7M | |
Accounts Payable | 846K | 1.9M | 1.5M | 2.0M | 4.7M | 4.4M | |
Long Term Debt | 14.9M | 73.7M | 64.5M | 62.4M | 85.3M | 89.5M | |
Inventory | (76.7M) | (272.3M) | (450.2M) | (285.4M) | 18.2M | 19.1M | |
Net Tangible Assets | 291.0M | 328.8M | 341.2M | 276.6M | 318.1M | 243.8M | |
Long Term Debt Total | 14.9M | 73.7M | 59.0M | 59.2M | 68.1M | 71.5M | |
Capital Surpluse | 94.2M | 97.1M | 100.4M | 103.8M | 119.4M | 84.8M |
Pair Trading with Enterprise Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enterprise Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enterprise Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Enterprise Stock
0.78 | AX | Axos Financial Earnings Call This Week | PairCorr |
0.8 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Enterprise Stock
0.85 | DB | Deutsche Bank AG Earnings Call Tomorrow | PairCorr |
0.84 | TECTP | Tectonic Financial | PairCorr |
0.79 | CFG-PD | Citizens Financial | PairCorr |
0.74 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.56 | KB | KB Financial Group Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Enterprise Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enterprise Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enterprise Bancorp to buy it.
The correlation of Enterprise Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enterprise Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enterprise Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Enterprise Bancorp Valuation and Enterprise Bancorp Correlation analysis. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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When running Enterprise Bancorp's price analysis, check to measure Enterprise Bancorp's 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 Enterprise Bancorp is operating at the current time. Most of Enterprise Bancorp's value examination focuses on studying past and present price action to predict the probability of Enterprise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Bancorp's price. Additionally, you may evaluate how the addition of Enterprise Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Bancorp'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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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 (0.36) | Dividend Share 0.92 | Earnings Share 3.11 | Revenue Per Share 13.208 | Quarterly Revenue Growth (0.11) |
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp'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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp'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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp'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.