Epsilon Other Current Assets from 2010 to 2024

EPSN Stock  USD 5.42  0.08  1.45%   
Epsilon Energy Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to grow to about 3.1 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2007-06-30
Previous Quarter
920.2 K
Current Value
2.9 M
Quarterly Volatility
431.8 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Epsilon Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Epsilon main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.7 M, Interest Expense of 76.4 K or Total Revenue of 32.6 M, as well as many exotic indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0348 or PTB Ratio of 1.61. Epsilon financial statements analysis is a perfect complement when working with Epsilon Energy Valuation or Volatility modules.
  
This module can also supplement Epsilon Energy's financial leverage analysis and stock options assessment as well as various Epsilon Energy Technical models . Check out the analysis of Epsilon Energy Correlation against competitors.
To learn how to invest in Epsilon Stock, please use our How to Invest in Epsilon Energy guide.

Latest Epsilon Energy's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Epsilon Energy over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Epsilon Energy's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Epsilon Energy's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Epsilon Other Current Assets Regression Statistics

Arithmetic Mean642,072
Geometric Mean274,154
Coefficient Of Variation152.47
Mean Deviation633,771
Median252,631
Standard Deviation978,950
Sample Variance958.3B
Range3.1M
R-Value0.72
Mean Square Error496.3B
R-Squared0.52
Significance0
Slope157,711
Total Sum of Squares13.4T

Epsilon Other Current Assets History

20243.1 M
20232.9 M
2022663.5 K
2021569.9 K
2020500.6 K
2019433.7 K
2018244.2 K

About Epsilon Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Epsilon Energy income statement, its balance sheet, and the statement of cash flows. Epsilon Energy investors use historical funamental indicators, such as Epsilon Energy's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Epsilon Energy investors may use each financial statement separately, they are all related. The changes in Epsilon Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Epsilon Energy'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 Epsilon Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Epsilon Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets2.9 M3.1 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Epsilon Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Epsilon Energy's short interest history, or implied volatility extrapolated from Epsilon Energy options trading.

Pair Trading with Epsilon Energy

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

Moving together with Epsilon Stock

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Moving against Epsilon Stock

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The ability to find closely correlated positions to Epsilon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Epsilon Energy 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 Epsilon Energy - 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 Epsilon Energy to buy it.
The correlation of Epsilon Energy 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 Epsilon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Epsilon Energy 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 Epsilon Energy 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
When determining whether Epsilon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Epsilon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Epsilon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Epsilon Energy Stock:
Check out the analysis of Epsilon Energy Correlation against competitors.
To learn how to invest in Epsilon Stock, please use our How to Invest in Epsilon Energy guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Epsilon Energy's price analysis, check to measure Epsilon Energy'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 Epsilon Energy is operating at the current time. Most of Epsilon Energy's value examination focuses on studying past and present price action to predict the probability of Epsilon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Epsilon Energy's price. Additionally, you may evaluate how the addition of Epsilon Energy to your portfolios can decrease your overall portfolio volatility.
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Is Epsilon Energy'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 Epsilon Energy. If investors know Epsilon 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 Epsilon Energy 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
(0.71)
Dividend Share
0.25
Earnings Share
0.31
Revenue Per Share
1.366
Quarterly Revenue Growth
(0.44)
The market value of Epsilon Energy is measured differently than its book value, which is the value of Epsilon that is recorded on the company's balance sheet. Investors also form their own opinion of Epsilon Energy's value that differs from its market value or its book value, called intrinsic value, which is Epsilon Energy'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 Epsilon Energy's market value can be influenced by many factors that don't directly affect Epsilon Energy'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 Epsilon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Epsilon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Epsilon Energy'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.