Entegris Stock Working Capital

ENTG Stock  USD 140.99  0.69  0.49%   
Entegris fundamentals help investors to digest information that contributes to Entegris' financial success or failures. It also enables traders to predict the movement of Entegris Stock. The fundamental analysis module provides a way to measure Entegris' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Entegris stock.
The Entegris' current Change In Working Capital is estimated to increase to about 53.1 M, while Net Working Capital is projected to decrease to roughly 1.1 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Entegris Working Capital Analysis

Entegris' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
 2021 2022 2023 2024 (projected)
Operating Income551.8M480.0M499.2M524.1M
Other Operating Expenses1.7B2.8B3.0B3.2B

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Entegris Working Capital

    
  1.46 B  
Most of Entegris' fundamental indicators, such as Working Capital, 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, Entegris is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Entegris Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Entegris is extremely important. It helps to project a fair market value of Entegris Stock properly, considering its historical fundamentals such as Working Capital. Since Entegris' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Entegris' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Entegris' interrelated accounts and indicators.
0.980.99-0.150.961.00.980.910.90.961.00.96-0.340.990.311.00.980.431.00.880.98-0.970.610.960.98-0.680.190.960.470.920.920.94
0.980.95-0.220.970.960.980.940.910.970.980.97-0.430.940.370.960.990.410.970.880.98-0.940.660.950.97-0.740.160.960.50.920.890.93
0.990.95-0.050.941.00.940.860.850.920.980.92-0.310.990.211.00.960.441.00.890.97-0.990.530.960.97-0.660.190.970.450.930.920.95
-0.15-0.22-0.05-0.32-0.11-0.19-0.09-0.29-0.23-0.13-0.31-0.15-0.12-0.95-0.1-0.150.43-0.09-0.01-0.120.07-0.31-0.07-0.110.080.1-0.050.14-0.050.0-0.05
0.960.970.94-0.320.950.930.820.820.90.940.93-0.310.940.450.950.950.230.960.860.97-0.950.560.960.97-0.750.10.960.440.940.860.95
1.00.961.0-0.110.950.960.880.880.950.990.95-0.31.00.281.00.960.430.990.870.97-0.980.580.950.97-0.640.20.960.450.910.930.93
0.980.980.94-0.190.930.960.960.950.990.990.98-0.450.940.350.960.980.50.960.850.96-0.920.710.910.95-0.680.230.920.440.880.870.88
0.910.940.86-0.090.820.880.960.930.960.930.93-0.550.850.230.880.940.60.890.80.88-0.810.740.830.87-0.650.260.850.50.80.810.79
0.90.910.85-0.290.820.880.950.930.980.920.96-0.320.870.430.870.890.510.860.740.83-0.790.770.760.82-0.480.230.780.40.70.80.72
0.960.970.92-0.230.90.950.990.960.980.970.99-0.370.930.390.940.960.490.930.820.92-0.880.720.860.91-0.590.240.870.470.810.870.83
1.00.980.98-0.130.940.990.990.930.920.970.97-0.380.980.290.990.980.480.990.880.97-0.960.650.940.97-0.670.190.950.470.90.910.92
0.960.970.92-0.310.930.950.980.930.960.990.97-0.30.940.470.940.950.40.930.810.92-0.890.720.870.91-0.590.20.880.470.830.870.84
-0.34-0.43-0.31-0.15-0.31-0.3-0.45-0.55-0.32-0.37-0.38-0.3-0.230.17-0.31-0.49-0.56-0.35-0.39-0.440.31-0.42-0.42-0.430.66-0.21-0.430.01-0.49-0.18-0.37
0.990.940.99-0.120.941.00.940.850.870.930.980.94-0.230.290.990.940.40.980.860.95-0.980.530.930.95-0.590.190.940.440.890.930.92
0.310.370.21-0.950.450.280.350.230.430.390.290.470.170.290.270.29-0.330.250.210.26-0.230.370.20.25-0.07-0.070.190.030.180.240.17
1.00.961.0-0.10.951.00.960.880.870.940.990.94-0.310.990.270.970.421.00.880.98-0.990.560.960.98-0.660.190.970.450.930.920.94
0.980.990.96-0.150.950.960.980.940.890.960.980.95-0.490.940.290.970.440.980.890.98-0.940.640.960.98-0.770.20.970.470.940.870.94
0.430.410.440.430.230.430.50.60.510.490.480.4-0.560.4-0.330.420.440.420.390.38-0.360.510.340.38-0.2-0.040.390.10.350.410.3
1.00.971.0-0.090.960.990.960.890.860.930.990.93-0.350.980.251.00.980.420.90.99-0.990.560.970.99-0.710.180.980.470.950.920.96
0.880.880.89-0.010.860.870.850.80.740.820.880.81-0.390.860.210.880.890.390.90.89-0.90.460.90.9-0.580.130.910.490.870.930.86
0.980.980.97-0.120.970.970.960.880.830.920.970.92-0.440.950.260.980.980.380.990.89-0.970.590.991.0-0.790.180.990.440.970.870.97
-0.97-0.94-0.990.07-0.95-0.98-0.92-0.81-0.79-0.88-0.96-0.890.31-0.98-0.23-0.99-0.94-0.36-0.99-0.9-0.97-0.48-0.97-0.980.69-0.17-0.98-0.41-0.95-0.91-0.96
0.610.660.53-0.310.560.580.710.740.770.720.650.72-0.420.530.370.560.640.510.560.460.59-0.480.50.57-0.4-0.040.510.190.50.460.45
0.960.950.96-0.070.960.950.910.830.760.860.940.87-0.420.930.20.960.960.340.970.90.99-0.970.50.99-0.820.131.00.470.990.870.99
0.980.970.97-0.110.970.970.950.870.820.910.970.91-0.430.950.250.980.980.380.990.91.0-0.980.570.99-0.790.180.990.440.970.880.97
-0.68-0.74-0.660.08-0.75-0.64-0.68-0.65-0.48-0.59-0.67-0.590.66-0.59-0.07-0.66-0.77-0.2-0.71-0.58-0.790.69-0.4-0.82-0.79-0.09-0.8-0.33-0.85-0.46-0.83
0.190.160.190.10.10.20.230.260.230.240.190.2-0.210.19-0.070.190.2-0.040.180.130.18-0.17-0.040.130.18-0.090.13-0.010.120.130.11
0.960.960.97-0.050.960.960.920.850.780.870.950.88-0.430.940.190.970.970.390.980.910.99-0.980.511.00.99-0.80.130.470.980.880.99
0.470.50.450.140.440.450.440.50.40.470.470.470.010.440.030.450.470.10.470.490.44-0.410.190.470.44-0.33-0.010.470.420.610.47
0.920.920.93-0.050.940.910.880.80.70.810.90.83-0.490.890.180.930.940.350.950.870.97-0.950.50.990.97-0.850.120.980.420.820.98
0.920.890.920.00.860.930.870.810.80.870.910.87-0.180.930.240.920.870.410.920.930.87-0.910.460.870.88-0.460.130.880.610.820.84
0.940.930.95-0.050.950.930.880.790.720.830.920.84-0.370.920.170.940.940.30.960.860.97-0.960.450.990.97-0.830.110.990.470.980.84
Click cells to compare fundamentals
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Entegris Capital Surpluse

Capital Surpluse

2.66 Billion

At this time, Entegris' Capital Surpluse is most likely to increase significantly in the upcoming years.
According to the company's disclosures, Entegris has a Working Capital of 1.46 B. This is 85.04% lower than that of the Semiconductors & Semiconductor Equipment sector and 41.43% higher than that of the Information Technology industry. The working capital for all United States stocks is 1.0% higher than that of the company.

Entegris Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Entegris' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Entegris could also be used in its relative valuation, which is a method of valuing Entegris by comparing valuation metrics of similar companies.
Entegris is currently under evaluation in working capital category among related companies.

Entegris Fundamentals

About Entegris Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Entegris's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entegris using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entegris based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Net Working Capital1.5 B1.1 B
Change In Working Capital50.6 M53.1 M

Pair Trading with Entegris

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

Moving together with Entegris Stock

  0.66MU Micron Technology Aggressive PushPairCorr

Moving against Entegris Stock

  0.93WISA WiSA TechnologiesPairCorr
  0.85MX MagnaChip Semiconductor Financial Report 1st of May 2024 PairCorr
  0.75U Unity Software Financial Report 8th of May 2024 PairCorr
  0.68NVTS Navitas Semiconductor Financial Report 20th of May 2024 PairCorr
  0.65WOLF Wolfspeed Financial Report 24th of April 2024 PairCorr
The ability to find closely correlated positions to Entegris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entegris 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 Entegris - 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 Entegris to buy it.
The correlation of Entegris 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 Entegris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entegris 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 Entegris 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 Entegris is a strong investment it is important to analyze Entegris' 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 Entegris' future performance. For an informed investment choice regarding Entegris Stock, refer to the following important reports:
Check out Entegris Piotroski F Score and Entegris Altman Z Score analysis.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Entegris Stock analysis

When running Entegris' price analysis, check to measure Entegris' 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 Entegris is operating at the current time. Most of Entegris' value examination focuses on studying past and present price action to predict the probability of Entegris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entegris' price. Additionally, you may evaluate how the addition of Entegris to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Is Entegris' 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 Entegris. If investors know Entegris 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 Entegris 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
(0.34)
Dividend Share
0.4
Earnings Share
1.21
Revenue Per Share
23.509
Quarterly Revenue Growth
(0.14)
The market value of Entegris is measured differently than its book value, which is the value of Entegris that is recorded on the company's balance sheet. Investors also form their own opinion of Entegris' value that differs from its market value or its book value, called intrinsic value, which is Entegris' 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 Entegris' market value can be influenced by many factors that don't directly affect Entegris' 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 Entegris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entegris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entegris' 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.