Ensign Financial Statements From 2010 to 2023

Stocks . Germany . 
Stock . The Ensign Group
EGB Stock  EUR 81.50  0.50  0.62%   
Ensign financial statements provide useful quarterly and yearly information to potential The Ensign Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ensign financial statements helps investors assess Ensign's valuation, profitability, and current liquidity needs.
The Ensign Group does not presently have any fundamental signals for analysis.
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Check Ensign financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ensign main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Ensign financial statements analysis is a perfect complement when working with Ensign Valuation or Volatility modules. It can also supplement various Ensign Technical models . Check out the analysis of Ensign Correlation against competitors.

Ensign Current Ratio Analysis

Ensign's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ratio 
 = 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis

Current Ensign Current Ratio

    
  1.15 X  
Most of Ensign's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Ensign Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, The Ensign Group has a Current Ratio of 1.15 times. This is 60.48% lower than that of the Healthcare sector and 9.52% higher than that of the Long-Term Care Facilities industry. The current ratio for all Germany stocks is 46.76% higher than that of the company.

Ensign Group Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ensign's current stock value. Our valuation model uses many indicators to compare Ensign value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ensign competition to find correlations between indicators driving Ensign's intrinsic value. More Info.
The Ensign Group is rated # 3 in shares owned by insiders category among related companies. It is rated # 2 in price to earnings to growth category among related companies producing about  0.35  of Price to Earnings To Growth per Shares Owned by Insiders. The ratio of Shares Owned by Insiders to Price to Earnings To Growth for The Ensign Group is roughly  2.84 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ensign by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ensign's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ensign's earnings, one of the primary drivers of an investment's value.

About Ensign Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ensign income statement, its balance sheet, and the statement of cash flows. Ensign investors use historical funamental indicators, such as Ensign's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ensign investors may use each financial statement separately, they are all related. The changes in Ensign's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ensign's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ensign Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ensign. Please read more on our technical analysis and fundamental analysis pages.
The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses. The Ensign Group, Inc. was founded in 1999 and is based in San Juan Capistrano, California. ENSIGN GROUP operates under Long-Term Care Facilities classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23463 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ensign without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Ensign

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 Ensign 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 Ensign will appreciate offsetting losses from the drop in the long position's value.

Moving against Ensign Stock

-0.54Y7PLATO GOLD CORPPairCorr
The ability to find closely correlated positions to Ensign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ensign 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 Ensign - 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 The Ensign Group to buy it.
The correlation of Ensign is a statistical measure of how it moves in relation to other equities. 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 Ensign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ensign Group 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 Ensign 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.
Pair CorrelationCorrelation Matching
Check out the analysis of Ensign Correlation against competitors. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Ensign Stock analysis

When running Ensign's price analysis, check to measure Ensign'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 Ensign is operating at the current time. Most of Ensign's value examination focuses on studying past and present price action to predict the probability of Ensign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensign's price. Additionally, you may evaluate how the addition of Ensign to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign'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. Check out the analysis of Ensign Correlation against competitors.
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