Energizer Current Deferred Revenue vs Common Stock Analysis
ENR Stock | USD 29.34 0.58 2.02% |
Energizer Holdings financial indicator trend analysis is much more than just examining Energizer Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energizer Holdings is a good investment. Please check the relationship between Energizer Holdings Current Deferred Revenue and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energizer Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Energizer Stock, please use our How to Invest in Energizer Holdings guide.
Current Deferred Revenue vs Common Stock
Current Deferred Revenue vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energizer Holdings Current Deferred Revenue account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Energizer Holdings' Current Deferred Revenue and Common Stock is 0.85. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock in the same time period over historical financial statements of Energizer Holdings, assuming nothing else is changed. The correlation between historical values of Energizer Holdings' Current Deferred Revenue and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Energizer Holdings are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Current Deferred Revenue i.e., Energizer Holdings' Current Deferred Revenue and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Common Stock
Most indicators from Energizer Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energizer Holdings 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 Energizer Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Energizer Stock, please use our How to Invest in Energizer Holdings guide.At this time, Energizer Holdings' Tax Provision is relatively stable compared to the past year. As of 05/02/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Selling General Administrative is likely to drop slightly above 477.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 158.4M | 168.7M | 194.0M | 126.8M | Depreciation And Amortization | 121.6M | 122.7M | 141.1M | 81.9M |
Energizer Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Energizer Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Energizer Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 68.8M | 68.7M | 69.9M | 72.4M | 83.3M | 72.5M | |
Total Assets | 5.7B | 5.0B | 4.6B | 4.5B | 5.2B | 3.6B | |
Other Current Liab | 408.7M | 356.8M | 333.9M | 325.6M | 374.4M | 344.5M | |
Total Current Liabilities | 1.6B | 946.4M | 697.9M | 734.2M | 844.3M | 820.6M | |
Total Stockholder Equity | 309.1M | 355.7M | 130.6M | 210.7M | 189.6M | 220.5M | |
Other Liab | 352M | 269.7M | 156M | 147.9M | 170.1M | 161.6M | |
Property Plant And Equipment Net | 474M | 495.2M | 462.2M | 462.1M | 531.4M | 345.9M | |
Net Debt | 3.8B | 3.3B | 3.4B | 3.2B | 3.7B | 2.1B | |
Accounts Payable | 378.1M | 454.8M | 329.4M | 370.8M | 426.4M | 303.5M | |
Cash | 459.8M | 238.9M | 205.3M | 223.3M | 256.8M | 324.3M | |
Non Current Assets Total | 3.5B | 3.6B | 3.0B | 3.0B | 3.4B | 2.2B | |
Non Currrent Assets Other | 94.1M | 126M | 159.2M | 148.6M | 170.9M | 231.4M | |
Other Assets | 118.4M | 147.7M | 221M | 237M | 213.3M | 229.2M | |
Cash And Short Term Investments | 459.8M | 238.9M | 205.3M | 223.3M | 256.8M | 324.3M | |
Net Receivables | 292M | 292.9M | 421.7M | 511.6M | 588.3M | 328.1M | |
Good Will | 1.0B | 1.1B | 1.0B | 1.0B | 1.2B | 591.0M | |
Liabilities And Stockholders Equity | 5.7B | 5.0B | 4.6B | 4.5B | 5.2B | 3.6B | |
Non Current Liabilities Total | 3.8B | 3.7B | 3.7B | 3.6B | 4.1B | 2.5B | |
Inventory | 511.3M | 728.3M | 771.6M | 649.7M | 747.2M | 495.6M | |
Other Current Assets | 157.8M | 179.4M | 191.4M | 172M | 197.8M | 121.7M | |
Other Stockholder Equity | 682.3M | 590.4M | 579.8M | 512.4M | 589.3M | 516.5M | |
Total Liab | 5.4B | 4.7B | 4.4B | 4.3B | 4.9B | 3.3B | |
Property Plant And Equipment Gross | 474M | 495.2M | 462.2M | 462.1M | 531.4M | 345.9M | |
Total Current Assets | 2.2B | 1.4B | 1.6B | 1.6B | 1.8B | 1.5B | |
Accumulated Other Comprehensive Income | (307.7M) | (230.4M) | (145.3M) | (137.7M) | (123.9M) | (130.1M) | |
Intangible Assets | 1.9B | 1.9B | 1.3B | 1.2B | 1.4B | 920.2M | |
Property Plant Equipment | 352.1M | 495.2M | 462.2M | 462.1M | 531.4M | 333.7M | |
Net Tangible Assets | (2.6B) | (2.6B) | (2.2B) | (2.0B) | (1.8B) | (1.9B) | |
Retained Earnings | (66.2M) | (5M) | (304.7M) | (164.8M) | (148.3M) | (140.9M) | |
Long Term Debt | 3.3B | 3.3B | 3.5B | 3.3B | 3.8B | 2.4B | |
Short Long Term Debt | 845.1M | 117M | 18.4M | 20.2M | 23.2M | 22.1M | |
Short Term Debt | 861.6M | 134.8M | 34.6M | 37.8M | 43.5M | 41.3M | |
Short Long Term Debt Total | 4.3B | 3.6B | 3.6B | 3.5B | 4.0B | 2.9B | |
Long Term Debt Total | 3.5B | 3.3B | 3.3B | 3.5B | 4.0B | 2.4B | |
Capital Surpluse | 870.3M | 859.2M | 832M | 828.7M | 953.0M | 574.9M | |
Treasury Stock | (158.4M) | (176.9M) | (241.6M) | (248.9M) | (224.0M) | (212.8M) |
Pair Trading with Energizer Holdings
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 Energizer Holdings 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 Energizer Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Energizer Stock
0.64 | CL | Colgate Palmolive Sell-off Trend | PairCorr |
0.55 | CHD | Church Dwight Earnings Call Today | PairCorr |
0.48 | KMB | Kimberly Clark Sell-off Trend | PairCorr |
0.41 | EL | Estee Lauder Companies Fiscal Year End 16th of August 2024 | PairCorr |
The ability to find closely correlated positions to Energizer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energizer Holdings 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 Energizer Holdings - 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 Energizer Holdings to buy it.
The correlation of Energizer Holdings 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 Energizer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energizer Holdings 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 Energizer Holdings 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energizer Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Energizer Stock, please use our How to Invest in Energizer Holdings guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Energizer Stock analysis
When running Energizer Holdings' price analysis, check to measure Energizer Holdings' 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 Energizer Holdings is operating at the current time. Most of Energizer Holdings' value examination focuses on studying past and present price action to predict the probability of Energizer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energizer Holdings' price. Additionally, you may evaluate how the addition of Energizer Holdings to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Energizer Holdings' 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 Energizer Holdings. If investors know Energizer 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 Energizer Holdings 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 (0.96) | Dividend Share 1.2 | Earnings Share 1.29 | Revenue Per Share 40.673 | Quarterly Revenue Growth (0.06) |
The market value of Energizer Holdings is measured differently than its book value, which is the value of Energizer that is recorded on the company's balance sheet. Investors also form their own opinion of Energizer Holdings' value that differs from its market value or its book value, called intrinsic value, which is Energizer Holdings' 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 Energizer Holdings' market value can be influenced by many factors that don't directly affect Energizer Holdings' 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 Energizer Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energizer Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energizer Holdings' 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.