Enerflex Net Working Capital vs Short Long Term Debt Analysis

EFXT Stock

USD 5.20 0.11 2.16%

Enerflex financial indicator trend analysis is much more than just examining Enerflex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerflex is a good investment. Please check the relationship between Enerflex Net Working Capital and its Short Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerflex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.

Net Working Capital vs Short Long Term Debt

Net Working Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerflex Net Working Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between Enerflex's Net Working Capital and Short Long Term Debt is 0.0. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Enerflex, assuming nothing else is changed. The correlation between historical values of Enerflex's Net Working Capital and Short Long Term 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 Net Working Capital of Enerflex are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Working Capital i.e., Enerflex's Net Working Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Most indicators from Enerflex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerflex 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 Enerflex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.At this time, Enerflex's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 5.55 in 2024, whereas Tax Provision is likely to drop slightly above 29.6 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	20.3M	49.4M	158.8M	166.7M
Depreciation And Amortization	91.6M	128.3M	267.5M	280.9M

Interest Expense Depreciation And Amortization

Enerflex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.89	0.79	0.91	0.84	0.97	0.62	0.86	-0.11	0.95	0.23	0.98	0.61	0.27	0.88	0.5	0.83	0.9	0.6	0.74	0.17	0.88	0.88	0.56	0.79	0.93
Short Long Term Debt Total	0.89		0.93	0.82	0.73	0.85	0.54	0.99	-0.16	0.86	0.19	0.87	0.5	0.22	0.76	0.45	0.75	1.0	0.51	0.92	0.15	0.99	0.79	0.77	0.77	0.83
Other Current Liab	0.79	0.93		0.78	0.62	0.76	0.56	0.94	-0.13	0.79	0.09	0.75	0.4	0.12	0.7	0.27	0.73	0.92	0.53	0.97	0.13	0.95	0.74	0.69	0.69	0.75
Total Current Liabilities	0.91	0.82	0.78		0.57	0.81	0.86	0.78	-0.2	0.95	0.3	0.83	0.5	0.34	0.92	0.35	0.76	0.82	0.67	0.78	0.14	0.85	0.95	0.48	0.87	0.79
Total Stockholder Equity	0.84	0.73	0.62	0.57		0.89	0.22	0.71	0.01	0.69	0.17	0.88	0.5	0.19	0.66	0.56	0.75	0.76	0.27	0.53	0.21	0.69	0.6	0.46	0.38	0.87
Property Plant And Equipment Net	0.97	0.85	0.76	0.81	0.89		0.44	0.83	0.05	0.91	0.13	0.97	0.63	0.16	0.8	0.41	0.82	0.86	0.62	0.7	0.08	0.81	0.81	0.52	0.69	0.95
Current Deferred Revenue	0.62	0.54	0.56	0.86	0.22	0.44		0.49	-0.4	0.66	0.36	0.51	0.24	0.39	0.77	0.3	0.53	0.53	0.44	0.6	0.29	0.63	0.77	0.27	0.69	0.45
Net Debt	0.86	0.99	0.94	0.78	0.71	0.83	0.49		-0.18	0.82	0.05	0.85	0.45	0.08	0.71	0.45	0.76	0.99	0.51	0.93	0.2	0.97	0.73	0.79	0.73	0.81
Retained Earnings	-0.11	-0.16	-0.13	-0.2	0.01	0.05	-0.4	-0.18		-0.03	0.1	-0.16	0.2	0.1	-0.15	-0.63	-0.32	-0.15	0.43	-0.22	-0.86	-0.19	0.03	-0.25	-0.16	-0.1
Accounts Payable	0.95	0.86	0.79	0.95	0.69	0.91	0.66	0.82	-0.03		0.3	0.89	0.61	0.33	0.9	0.3	0.76	0.87	0.71	0.76	0.01	0.87	0.94	0.47	0.85	0.88
Cash	0.23	0.19	0.09	0.3	0.17	0.13	0.36	0.05	0.1	0.3		0.12	0.31	1.0	0.34	0.01	-0.02	0.2	-0.02	0.09	-0.27	0.24	0.45	-0.05	0.26	0.19
Non Current Assets Total	0.98	0.87	0.75	0.83	0.88	0.97	0.51	0.85	-0.16	0.89	0.12		0.62	0.15	0.78	0.6	0.82	0.88	0.51	0.7	0.27	0.83	0.76	0.58	0.74	0.92
Non Currrent Assets Other	0.61	0.5	0.4	0.5	0.5	0.63	0.24	0.45	0.2	0.61	0.31	0.62		0.3	0.3	0.14	0.18	0.51	0.55	0.36	-0.06	0.46	0.47	0.09	0.67	0.55
Cash And Short Term Investments	0.27	0.22	0.12	0.34	0.19	0.16	0.39	0.08	0.1	0.33	1.0	0.15	0.3		0.38	0.01	0.03	0.23	0.0	0.12	-0.27	0.27	0.48	-0.02	0.29	0.23
Net Receivables	0.88	0.76	0.7	0.92	0.66	0.8	0.77	0.71	-0.15	0.9	0.34	0.78	0.3	0.38		0.37	0.8	0.77	0.53	0.67	0.11	0.8	0.95	0.43	0.67	0.81
Good Will	0.5	0.45	0.27	0.35	0.56	0.41	0.3	0.45	-0.63	0.3	0.01	0.6	0.14	0.01	0.37		0.45	0.46	-0.21	0.23	0.72	0.42	0.2	0.44	0.27	0.37
Common Stock Shares Outstanding	0.83	0.75	0.73	0.76	0.75	0.82	0.53	0.76	-0.32	0.76	-0.02	0.82	0.18	0.03	0.8	0.45		0.76	0.33	0.74	0.36	0.76	0.69	0.61	0.49	0.88
Non Current Liabilities Total	0.9	1.0	0.92	0.82	0.76	0.86	0.53	0.99	-0.15	0.87	0.2	0.88	0.51	0.23	0.77	0.46	0.76		0.51	0.91	0.16	0.99	0.8	0.75	0.76	0.85
Inventory	0.6	0.51	0.53	0.67	0.27	0.62	0.44	0.51	0.43	0.71	-0.02	0.51	0.55	0.0	0.53	-0.21	0.33	0.51		0.51	-0.38	0.52	0.69	0.21	0.7	0.49
Other Current Assets	0.74	0.92	0.97	0.78	0.53	0.7	0.6	0.93	-0.22	0.76	0.09	0.7	0.36	0.12	0.67	0.23	0.74	0.91	0.51		0.17	0.94	0.72	0.72	0.7	0.73
Other Stockholder Equity	0.17	0.15	0.13	0.14	0.21	0.08	0.29	0.2	-0.86	0.01	-0.27	0.27	-0.06	-0.27	0.11	0.72	0.36	0.16	-0.38	0.17		0.17	-0.09	0.12	0.03	0.17
Total Liab	0.88	0.99	0.95	0.85	0.69	0.81	0.63	0.97	-0.19	0.87	0.24	0.83	0.46	0.27	0.8	0.42	0.76	0.99	0.52	0.94	0.17		0.83	0.73	0.77	0.81
Total Current Assets	0.88	0.79	0.74	0.95	0.6	0.81	0.77	0.73	0.03	0.94	0.45	0.76	0.47	0.48	0.95	0.2	0.69	0.8	0.69	0.72	-0.09	0.83		0.42	0.78	0.79
Short Term Debt	0.56	0.77	0.69	0.48	0.46	0.52	0.27	0.79	-0.25	0.47	-0.05	0.58	0.09	-0.02	0.43	0.44	0.61	0.75	0.21	0.72	0.12	0.73	0.42		0.5	0.51
Intangible Assets	0.79	0.77	0.69	0.87	0.38	0.69	0.69	0.73	-0.16	0.85	0.26	0.74	0.67	0.29	0.67	0.27	0.49	0.76	0.7	0.7	0.03	0.77	0.78	0.5		0.64
Common Stock	0.93	0.83	0.75	0.79	0.87	0.95	0.45	0.81	-0.1	0.88	0.19	0.92	0.55	0.23	0.81	0.37	0.88	0.85	0.49	0.73	0.17	0.81	0.79	0.51	0.64

Click cells to compare fundamentals

Enerflex Account Relationship Matchups

Enerflex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.2B	2.2B	4.3B	3.9B	2.5B
Short Long Term Debt Total	497.5M	451.6M	388.4M	1.5B	1.3B	1.4B
Other Current Liab	39.4M	19.2M	22.7M	115.1M	125.3M	131.5M
Total Current Liabilities	517.5M	287.6M	355.4M	1.1B	1.1B	596.1M
Total Stockholder Equity	1.3B	1.4B	1.4B	1.5B	1.4B	1.3B
Property Plant And Equipment Net	810.9M	794.6M	756.6M	1.5B	1.4B	697.7M
Current Deferred Revenue	143.0M	35.4M	84.6M	366.1M	392.4M	215.0M
Net Debt	401.2M	356.0M	215.7M	1.2B	1.2B	1.2B
Retained Earnings	228.8M	301.0M	275.0M	164.2M	40.9M	38.8M
Accounts Payable	320.9M	178.3M	234.2M	610.6M	550.6M	313.1M
Cash	96.3M	95.7M	172.8M	253.8M	126.1M	188.6M
Non Current Assets Total	1.5B	1.6B	1.5B	2.8B	2.5B	1.5B
Non Currrent Assets Other	198K	93.3M	112.4M	505.8M	13.9M	13.2M
Cash And Short Term Investments	96.3M	95.7M	172.8M	253.8M	140.5M	189.6M
Net Receivables	574.5M	306.9M	313.9M	708.3M	817.4M	483.3M
Good Will	573.9M	576.0M	566.3M	679.4M	571.8M	591.2M
Common Stock Shares Outstanding	89.1M	89.7M	89.7M	97.0M	123.8M	94.1M
Liabilities And Stockholders Equity	2.4B	2.2B	2.2B	4.3B	3.9B	2.5B
Non Current Liabilities Total	574.2M	495.3M	482.3M	1.6B	1.4B	1.4B
Inventory	269.4M	212.3M	208.9M	411.3M	389.4M	208.1M
Other Current Assets	12.2M	9.0M	13.9M	72.7M	86.4M	90.7M
Other Stockholder Equity	655.1M	656.8M	658.6M	660.1M	660.0M	686.1M
Total Liab	1.1B	782.9M	837.7M	2.7B	2.5B	2.6B
Total Current Assets	952.6M	624.3M	709.7M	1.4B	1.4B	983.9M
Accumulated Other Comprehensive Income	81.8M	63.3M	44.7M	128.8M	101.5M	68.1M
Short Term Debt	14.2M	54.7M	13.9M	47.2M	78.4M	82.3M
Intangible Assets	22.1M	16.5M	10.1M	102.8M	73.2M	41.6M
Common Stock	357.7M	366.1M	375.5M	589.8M	591.6M	393.0M
Other Assets	49.3M	141.5M	121.7M	525.2M	1.0	0.95
Other Liab	91.0M	98.4M	107.8M	151.6M	174.3M	113.8M
Net Tangible Assets	745.3M	804.1M	777.4M	760.8M	874.9M	823.0M
Long Term Debt	430.5M	349.7M	331.4M	1.4B	1.2B	748.3M
Net Invested Capital	1.8B	1.8B	1.7B	2.9B	2.6B	2.3B
Long Term Investments	26.2M	26.6M	27.1M	35.0M	37.5M	31.8M
Non Current Liabilities Other	14.7M	11.0M	15.8M	21.8M	18.1M	17.9M
Net Working Capital	435.1M	336.8M	354.3M	307.1M	287.1M	291.5M
Property Plant Equipment	810.9M	794.6M	756.6M	1.5B	1.7B	983.5M

Pair Trading with Enerflex

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

Moving against Enerflex Stock

0.85	VTOL	Bristow Group	Pair Corr
0.6	DTI	Drilling Tools Inter Symbol Change	Pair Corr
0.59	DWSN	Dawson Geophysical	Pair Corr
0.54	MRC	MRC Global	Pair Corr
0.5	CLB	Core Laboratories	Pair Corr

The ability to find closely correlated positions to Enerflex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enerflex 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 Enerflex - 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 Enerflex to buy it.

The correlation of Enerflex 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 Enerflex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enerflex 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 Enerflex 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 Correlation Correlation Matching

When determining whether Enerflex is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Enerflex Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Enerflex Stock. Highlighted below are key reports to facilitate an investment decision about Enerflex Stock:

How To Invest In Enerflex

Details

Is Enerflex Stock a good investment?

Details

What is Enerflex's Net Worth?

Details

Largest Oil & Gas Equipment & Services Companies

View

Largest Energy Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerflex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Enerflex Stock analysis

When running Enerflex's price analysis, check to measure Enerflex'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 Enerflex is operating at the current time. Most of Enerflex's value examination focuses on studying past and present price action to predict the probability of Enerflex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerflex's price. Additionally, you may evaluate how the addition of Enerflex to your portfolios can decrease your overall portfolio volatility.

	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Stocks Directory Find actively traded stocks across global markets
	Commodity Directory Find actively traded commodities issued by global exchanges
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings

Is Enerflex'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 Enerflex. If investors know Enerflex 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 Enerflex 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

2.112

Dividend Share

0.092

Earnings Share

(0.91)

Revenue Per Share

19.075

Quarterly Revenue Growth

0.046

The market value of Enerflex is measured differently than its book value, which is the value of Enerflex that is recorded on the company's balance sheet. Investors also form their own opinion of Enerflex's value that differs from its market value or its book value, called intrinsic value, which is Enerflex'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 Enerflex's market value can be influenced by many factors that don't directly affect Enerflex'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 Enerflex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerflex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerflex'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Enerflex Net Working Capital vs Short Long Term Debt Analysis

Net Working Capital vs Short Long Term Debt

Net Working Capital vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Net Working Capital

Short Long Term Debt

Enerflex fundamental ratios Correlations

Enerflex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enerflex fundamental ratios Accounts

Pair Trading with Enerflex

Moving against Enerflex Stock

Complementary Tools for Enerflex Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total

Other Stockholder Equity	- 0.86	Retained Earnings
Good Will	- 0.63	Retained Earnings
Retained Earnings	- 0.4	Current Deferred Revenue
Other Stockholder Equity	- 0.38	Inventory
Common Stock Shares Outstanding	- 0.32	Retained Earnings
Other Stockholder Equity	- 0.27	Cash And Short Term Investments