Enservco Retained Earnings vs Total Liab Analysis

ENSV Stock

USD 0.22 0.01 4.35%

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

Retained Earnings vs Total Liab

Retained Earnings vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enservco Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Enservco's Retained Earnings and Total Liab is 0.17. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab in the same time period over historical financial statements of Enservco Co, assuming nothing else is changed. The correlation between historical values of Enservco's Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Enservco Co are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., Enservco's Retained Earnings and Total Liab go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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

At this time, Enservco's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 47.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.

	2021	2023	2024 (projected)
Total Operating Expenses	26.7M	4.1M	4.3M
Cost Of Revenue	22.6M	23.4M	16.6M

Total Operating Expenses Cost Of Revenue

Enservco fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Liabilities Total	Inventory	Short Term Debt	Current Deferred Revenue
Total Assets		0.17	0.15	0.62	0.97	0.84	0.4	0.7	0.37	0.97	0.47	0.35	0.78	0.79	-0.35	0.44	0.25	0.91	0.24	0.81	0.75	0.84	0.84	0.66	0.05	-0.5
Other Current Liab	0.17		-0.15	0.32	0.27	0.06	0.14	0.23	-0.26	0.24	-0.23	-0.25	-0.03	0.19	-0.12	0.07	0.4	0.07	0.08	-0.05	0.16	0.06	0.2	0.51	-0.19	-0.42
Total Current Liabilities	0.15	-0.15		-0.44	0.15	0.47	-0.3	0.32	-0.06	0.2	0.7	-0.06	-0.02	0.27	0.07	0.12	-0.08	0.43	0.14	0.0	0.32	0.47	-0.31	0.21	0.99	-0.1
Total Stockholder Equity	0.62	0.32	-0.44		0.6	0.14	0.7	0.33	0.44	0.56	-0.15	0.43	0.6	0.41	-0.44	0.33	-0.04	0.27	0.0	0.61	0.32	0.16	0.63	0.22	-0.51	-0.11
Property Plant And Equipment Net	0.97	0.27	0.15	0.6		0.84	0.36	0.6	0.3	1.0	0.46	0.29	0.61	0.76	-0.35	0.42	0.32	0.89	0.26	0.64	0.71	0.84	0.81	0.63	0.07	-0.59
Net Debt	0.84	0.06	0.47	0.14	0.84		0.12	0.6	0.16	0.86	0.75	0.15	0.52	0.77	-0.31	0.36	0.31	0.98	0.2	0.55	0.74	1.0	0.67	0.68	0.4	-0.54
Retained Earnings	0.4	0.14	-0.3	0.7	0.36	0.12		0.09	0.43	0.33	0.08	0.45	0.5	0.52	-0.88	0.05	-0.52	0.17	-0.55	0.45	0.33	0.12	0.45	0.17	-0.33	0.34
Accounts Payable	0.7	0.23	0.32	0.33	0.6	0.6	0.09		0.09	0.6	0.38	0.08	0.74	0.62	0.02	0.41	0.25	0.7	0.38	0.73	0.71	0.6	0.49	0.64	0.18	-0.45
Cash	0.37	-0.26	-0.06	0.44	0.3	0.16	0.43	0.09		0.29	0.13	1.0	0.38	0.22	-0.4	0.13	-0.36	0.24	-0.23	0.44	0.12	0.19	0.31	0.05	-0.1	0.21
Non Current Assets Total	0.97	0.24	0.2	0.56	1.0	0.86	0.33	0.6	0.29		0.5	0.28	0.6	0.76	-0.34	0.42	0.32	0.91	0.26	0.64	0.72	0.87	0.8	0.63	0.12	-0.59
Non Currrent Assets Other	0.47	-0.23	0.7	-0.15	0.46	0.75	0.08	0.38	0.13	0.5		0.11	0.28	0.56	-0.33	0.14	-0.07	0.69	-0.07	0.27	0.51	0.74	0.21	0.22	0.67	-0.23
Cash And Short Term Investments	0.35	-0.25	-0.06	0.43	0.29	0.15	0.45	0.08	1.0	0.28	0.11		0.37	0.22	-0.42	0.13	-0.39	0.23	-0.25	0.43	0.11	0.18	0.3	0.08	-0.1	0.24
Net Receivables	0.78	-0.03	-0.02	0.6	0.61	0.52	0.5	0.74	0.38	0.6	0.28	0.37		0.68	-0.31	0.34	-0.02	0.65	0.08	0.99	0.68	0.53	0.69	0.51	-0.14	-0.14
Common Stock Total Equity	0.79	0.19	0.27	0.41	0.76	0.77	0.52	0.62	0.22	0.76	0.56	0.22	0.68		-0.54	0.21	0.14	0.79	-0.05	0.65	0.96	0.76	0.63	0.62	0.19	-0.25
Common Stock Shares Outstanding	-0.35	-0.12	0.07	-0.44	-0.35	-0.31	-0.88	0.02	-0.4	-0.34	-0.33	-0.42	-0.31	-0.54		-0.01	0.51	-0.28	0.68	-0.27	-0.29	-0.32	-0.42	-0.23	0.08	-0.28
Other Current Assets	0.44	0.07	0.12	0.33	0.42	0.36	0.05	0.41	0.13	0.42	0.14	0.13	0.34	0.21	-0.01		0.12	0.39	0.65	0.37	0.23	0.34	0.33	0.27	0.07	-0.25
Other Stockholder Equity	0.25	0.4	-0.08	-0.04	0.32	0.31	-0.52	0.25	-0.36	0.32	-0.07	-0.39	-0.02	0.14	0.51	0.12		0.28	0.63	0.0	0.3	0.3	0.32	0.3	-0.11	-0.79
Total Liab	0.91	0.07	0.43	0.27	0.89	0.98	0.17	0.7	0.24	0.91	0.69	0.23	0.65	0.79	-0.28	0.39	0.28		0.23	0.68	0.77	0.98	0.72	0.71	0.35	-0.54
Property Plant And Equipment Gross	0.24	0.08	0.14	0.0	0.26	0.2	-0.55	0.38	-0.23	0.26	-0.07	-0.25	0.08	-0.05	0.68	0.65	0.63	0.23		0.13	0.15	0.17	0.09	0.14	0.1	-0.58
Total Current Assets	0.81	-0.05	0.0	0.61	0.64	0.55	0.45	0.73	0.44	0.64	0.27	0.43	0.99	0.65	-0.27	0.37	0.0	0.68	0.13		0.64	0.56	0.71	0.53	-0.12	-0.16
Common Stock	0.75	0.16	0.32	0.32	0.71	0.74	0.33	0.71	0.12	0.72	0.51	0.11	0.68	0.96	-0.29	0.23	0.3	0.77	0.15	0.64		0.73	0.57	0.59	0.22	-0.34
Short Long Term Debt Total	0.84	0.06	0.47	0.16	0.84	1.0	0.12	0.6	0.19	0.87	0.74	0.18	0.53	0.76	-0.32	0.34	0.3	0.98	0.17	0.56	0.73		0.68	0.68	0.4	-0.54
Non Current Liabilities Total	0.84	0.2	-0.31	0.63	0.81	0.67	0.45	0.49	0.31	0.8	0.21	0.3	0.69	0.63	-0.42	0.33	0.32	0.72	0.09	0.71	0.57	0.68		0.58	-0.39	-0.46
Inventory	0.66	0.51	0.21	0.22	0.63	0.68	0.17	0.64	0.05	0.63	0.22	0.08	0.51	0.62	-0.23	0.27	0.3	0.71	0.14	0.53	0.59	0.68	0.58		0.12	-0.34
Short Term Debt	0.05	-0.19	0.99	-0.51	0.07	0.4	-0.33	0.18	-0.1	0.12	0.67	-0.1	-0.14	0.19	0.08	0.07	-0.11	0.35	0.1	-0.12	0.22	0.4	-0.39	0.12		-0.05
Current Deferred Revenue	-0.5	-0.42	-0.1	-0.11	-0.59	-0.54	0.34	-0.45	0.21	-0.59	-0.23	0.24	-0.14	-0.25	-0.28	-0.25	-0.79	-0.54	-0.58	-0.16	-0.34	-0.54	-0.46	-0.34	-0.05

Click cells to compare fundamentals

Enservco Account Relationship Matchups

Enservco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.0M	43.0M	30.2M	25.1M	14.6M	22.6M
Other Current Liab	44K	72K	31K	2.9M	198K	188.1K
Total Current Liabilities	7.5M	39.7M	4.6M	12.5M	10.0M	6.2M
Total Stockholder Equity	4.6M	(2.7M)	2.6M	5.3M	(572K)	(543.4K)
Property Plant And Equipment Net	33.1M	31.0M	23.4M	18.3M	7.8M	14.8M
Net Debt	40.4M	24.1M	14.3M	16.5M	9.5M	10.0M
Retained Earnings	(17.5M)	(25.0M)	(27.5M)	(35.6M)	(49.7M)	(47.2M)
Accounts Payable	3.4M	4.5M	1.9M	2.9M	4.3M	2.4M
Cash	257K	663K	1.5M	149K	201K	191.0K
Non Current Assets Total	35.5M	34.2M	25.3M	19.6M	8.9M	15.8M
Non Currrent Assets Other	854K	1.9M	776K	336K	183K	173.9K
Cash And Short Term Investments	257K	663K	1.5M	149K	201K	191.0K
Net Receivables	10.8M	6.5M	1.7M	2.8M	4.3M	4.1M
Common Stock Total Equity	255K	271K	278K	32K	36.8K	35.0K
Common Stock Shares Outstanding	3.7M	4.2M	11.4M	10.9M	20.5M	21.5M
Liabilities And Stockholders Equity	49.0M	43.0M	30.2M	25.1M	14.6M	22.5M
Other Current Assets	1.0M	858K	68K	2.2M	1.0M	570.7K
Other Stockholder Equity	57.8M	22.1M	30.1M	40.9M	49.0M	51.4M
Total Liab	44.4M	45.7M	27.6M	19.8M	15.2M	16.1M
Property Plant And Equipment Gross	31.0M	23.4M	18.3M	59.8M	51.4M	54.0M
Total Current Assets	13.5M	8.7M	4.9M	5.6M	5.7M	6.9M
Common Stock	271K	278K	32K	57K	131K	102.5K
Short Long Term Debt Total	40.0M	41.0M	25.6M	16.7M	9.7M	10.2M
Non Current Liabilities Total	37.0M	5.9M	23.1M	7.3M	5.1M	4.9M
Inventory	514K	398K	295K	346K	209K	260.4K
Short Term Debt	4.0M	35.2M	2.6M	9.7M	5.5M	3.9M
Intangible Assets	1.0M	828K	617K	399K	458.9K	432.4K
Other Liab	941K	44K	97K	297K	267.3K	253.9K
Net Tangible Assets	3.0M	(4.1M)	1.4M	4.4M	4.0M	6.2M
Other Assets	3.1M	1.9M	3.8M	336K	386.4K	367.1K
Long Term Debt	2.6M	20.7M	5.5M	7.0M	3.3M	3.2M
Retained Earnings Total Equity	(11.6M)	(17.5M)	(25.0M)	(27.5M)	(24.8M)	(23.5M)
Capital Surpluse	19.6M	21.8M	22.1M	30.1M	34.6M	18.3M
Non Current Liabilities Other	5.9M	88K	24K	22K	58K	55.1K
Property Plant Equipment	33.1M	26.6M	23.4M	18.3M	21.0M	28.8M
Short Long Term Debt	34.1M	1.7M	9.0M	4.4M	5.1M	6.6M

Pair Trading with Enservco

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

Moving together with Enservco Stock

0.69

DWSN

Dawson Geophysical

Pair Corr

Moving against Enservco Stock

0.44

VTOL

Bristow Group

Pair Corr

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

The correlation of Enservco 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 Enservco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enservco 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 Enservco 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 Enservco is a strong investment it is important to analyze Enservco's 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 Enservco's future performance. For an informed investment choice regarding Enservco Stock, refer to the following important reports:

How To Invest In Enservco

Details

Is Enservco Stock a good investment?

Details

What is Enservco's Net Worth?

Details

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

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Enservco Stock analysis

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

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Is Enservco'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 Enservco. If investors know Enservco 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 Enservco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.42)

Revenue Per Share

1.078

Quarterly Revenue Growth

(0)

Return On Assets

(0.22)

Return On Equity

(28.53)

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

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Enservco Retained Earnings vs Total Liab Analysis

Retained Earnings vs Total Liab

Retained Earnings vs Total Liab Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Liab

Enservco fundamental ratios Correlations

Enservco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enservco fundamental ratios Accounts

Pair Trading with Enservco

Moving together with Enservco Stock

Moving against Enservco Stock

Complementary Tools for Enservco Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Net Receivables
Total Liab	+ 0.98	Net Debt

Common Stock Shares Outstanding	- 0.88	Retained Earnings
Current Deferred Revenue	- 0.79	Other Stockholder Equity
Current Deferred Revenue	- 0.59	Non Current Assets Total
Current Deferred Revenue	- 0.59	Property Plant And Equipment Net
Current Deferred Revenue	- 0.58	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.55	Retained Earnings