Ennis Property Plant And Equipment Net vs Net Debt Analysis

EBF Stock  USD 20.80  0.22  1.07%   
Ennis financial indicator trend analysis is much more than just examining Ennis Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ennis Inc is a good investment. Please check the relationship between Ennis Property Plant And Equipment Net and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ennis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ennis Inc Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ennis' Property Plant And Equipment Net and Net Debt is 0.62. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt in the same time period over historical financial statements of Ennis Inc, assuming nothing else is changed. The correlation between historical values of Ennis' Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Ennis Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Ennis' Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Ennis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ennis Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ennis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Ennis' Selling General Administrative is most likely to increase significantly in the upcoming years. The Ennis' current Discontinued Operations is estimated to increase to about 4.2 M, while Tax Provision is projected to decrease to roughly 11.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit114.7M131.1M125.3M103.8M
Total Revenue400.0M431.8M420.1M357.7M

Ennis fundamental ratios Correlations

0.620.910.950.940.90.510.95-0.340.980.59-0.330.940.820.720.80.710.590.790.170.940.690.890.920.120.33
0.620.660.470.340.620.920.37-0.730.610.82-0.730.720.310.980.870.880.080.94-0.290.580.90.790.64-0.510.51
0.910.660.850.820.750.560.83-0.390.880.69-0.380.920.660.740.810.780.420.80.070.880.760.850.87-0.170.5
0.950.470.850.920.890.360.94-0.220.920.43-0.210.910.80.580.730.610.560.70.330.890.580.790.950.30.25
0.940.340.820.920.780.210.98-0.080.910.38-0.080.820.90.450.570.460.730.540.280.910.440.720.810.350.17
0.90.620.750.890.780.620.84-0.520.920.52-0.490.880.630.740.860.770.480.820.170.760.730.820.90.180.4
0.510.920.560.360.210.620.29-0.930.550.8-0.910.640.110.940.890.920.060.88-0.320.390.930.680.55-0.570.7
0.950.370.830.940.980.840.29-0.180.930.4-0.140.860.790.490.660.540.650.590.370.890.50.740.840.280.22
-0.34-0.73-0.39-0.22-0.08-0.52-0.93-0.18-0.42-0.690.97-0.470.06-0.77-0.78-0.83-0.07-0.70.33-0.17-0.82-0.49-0.390.53-0.8
0.980.610.880.920.910.920.550.93-0.420.63-0.410.90.770.730.810.730.570.80.090.840.720.920.920.10.42
0.590.820.690.430.380.520.80.4-0.690.63-0.70.620.310.840.760.850.010.81-0.390.470.920.760.61-0.560.65
-0.33-0.73-0.38-0.21-0.08-0.49-0.91-0.140.97-0.41-0.7-0.44-0.02-0.77-0.73-0.8-0.15-0.680.47-0.16-0.82-0.49-0.390.49-0.84
0.940.720.920.910.820.880.640.86-0.470.90.62-0.440.650.790.90.810.440.870.220.920.780.850.93-0.050.39
0.820.310.660.80.90.630.110.790.060.770.31-0.020.650.390.380.320.780.420.060.830.330.620.70.480.09
0.720.980.740.580.450.740.940.49-0.770.730.84-0.770.790.390.930.930.190.97-0.270.630.950.860.74-0.420.59
0.80.870.810.730.570.860.890.66-0.780.810.76-0.730.90.380.930.950.240.970.020.70.930.850.84-0.320.6
0.710.880.780.610.460.770.920.54-0.830.730.85-0.80.810.320.930.950.150.93-0.170.610.980.780.75-0.420.71
0.590.080.420.560.730.480.060.65-0.070.570.01-0.150.440.780.190.240.150.160.020.570.130.320.40.510.22
0.790.940.80.70.540.820.880.59-0.70.80.81-0.680.870.420.970.970.930.16-0.10.70.930.910.84-0.340.52
0.17-0.290.070.330.280.17-0.320.370.330.09-0.390.470.220.06-0.270.02-0.170.02-0.10.28-0.26-0.10.180.37-0.45
0.940.580.880.890.910.760.390.89-0.170.840.47-0.160.920.830.630.70.610.570.70.280.580.750.830.140.15
0.690.90.760.580.440.730.930.5-0.820.720.92-0.820.780.330.950.930.980.130.93-0.260.580.80.74-0.460.71
0.890.790.850.790.720.820.680.74-0.490.920.76-0.490.850.620.860.850.780.320.91-0.10.750.80.89-0.180.43
0.920.640.870.950.810.90.550.84-0.390.920.61-0.390.930.70.740.840.750.40.840.180.830.740.890.090.4
0.12-0.51-0.170.30.350.18-0.570.280.530.1-0.560.49-0.050.48-0.42-0.32-0.420.51-0.340.370.14-0.46-0.180.09-0.43
0.330.510.50.250.170.40.70.22-0.80.420.65-0.840.390.090.590.60.710.220.52-0.450.150.710.430.4-0.43
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Ennis Account Relationship Matchups

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When determining whether Ennis Inc is a strong investment it is important to analyze Ennis' 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 Ennis' future performance. For an informed investment choice regarding Ennis Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ennis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Ennis Inc information on this page should be used as a complementary analysis to other Ennis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Ennis' price analysis, check to measure Ennis' 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 Ennis is operating at the current time. Most of Ennis' value examination focuses on studying past and present price action to predict the probability of Ennis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ennis' price. Additionally, you may evaluate how the addition of Ennis to your portfolios can decrease your overall portfolio volatility.
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Is Ennis' 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 Ennis. If investors know Ennis 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 Ennis 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
(0.16)
Dividend Share
1
Earnings Share
1.64
Revenue Per Share
16.256
Quarterly Revenue Growth
(0.05)
The market value of Ennis Inc is measured differently than its book value, which is the value of Ennis that is recorded on the company's balance sheet. Investors also form their own opinion of Ennis' value that differs from its market value or its book value, called intrinsic value, which is Ennis' 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 Ennis' market value can be influenced by many factors that don't directly affect Ennis' 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 Ennis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ennis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ennis' 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.