Entegris Other Stockholder Equity vs Other Liab Analysis

ENTG Stock  USD 132.60  4.06  3.16%   
Entegris financial indicator trend analysis is much more than just examining Entegris latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entegris is a good investment. Please check the relationship between Entegris Other Stockholder Equity and its Other Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entegris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.

Other Stockholder Equity vs Other Liab

Other Stockholder Equity vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entegris Other Stockholder Equity account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Entegris' Other Stockholder Equity and Other Liab is 0.97. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Liab in the same time period over historical financial statements of Entegris, assuming nothing else is changed. The correlation between historical values of Entegris' Other Stockholder Equity and Other 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 Other Stockholder Equity of Entegris are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Stockholder Equity i.e., Entegris' Other Stockholder Equity and Other Liab go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Other Liab

Most indicators from Entegris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entegris 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 Entegris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.At this time, Entegris' Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Entegris' current Enterprise Value Multiple is estimated to increase to 26.38, while Sales General And Administrative To Revenue is projected to decrease to 0.12.
 2021 2022 2023 2024 (projected)
Operating Income551.8M480.0M499.2M524.1M
Other Operating Expenses1.7B2.8B3.0B3.2B

Entegris fundamental ratios Correlations

0.980.980.991.0-0.2-0.150.251.00.961.00.980.940.990.910.90.330.340.960.370.961.00.940.96-0.340.99
0.980.960.990.99-0.18-0.130.240.990.960.980.930.90.950.830.830.270.290.910.350.920.970.90.92-0.250.98
0.980.960.950.98-0.28-0.220.310.960.970.960.980.910.990.940.910.340.350.970.430.950.980.960.97-0.430.94
0.990.990.951.0-0.1-0.050.161.00.941.00.940.920.970.860.850.230.240.920.270.930.980.910.92-0.310.99
1.00.990.981.0-0.15-0.10.21.00.961.00.970.920.990.90.870.270.280.940.320.950.990.940.94-0.350.99
-0.2-0.18-0.28-0.1-0.150.97-0.95-0.14-0.36-0.16-0.27-0.29-0.2-0.17-0.36-0.7-0.71-0.31-0.93-0.27-0.19-0.16-0.38-0.14-0.17
-0.15-0.13-0.22-0.05-0.10.97-0.94-0.09-0.32-0.11-0.19-0.23-0.14-0.09-0.29-0.61-0.63-0.23-0.91-0.2-0.13-0.12-0.31-0.15-0.12
0.250.240.310.160.2-0.95-0.940.20.40.220.30.350.240.190.390.770.780.340.990.30.240.190.420.170.24
1.00.990.961.01.0-0.14-0.090.20.951.00.960.930.970.880.870.290.30.940.310.940.990.920.94-0.310.99
0.960.960.970.940.96-0.36-0.320.40.950.950.930.860.950.820.820.340.350.90.510.880.940.940.93-0.310.94
1.00.980.961.01.0-0.16-0.110.221.00.950.960.940.980.880.880.320.330.950.330.950.990.910.95-0.31.0
0.980.930.980.940.97-0.27-0.190.30.960.930.960.940.990.960.950.390.40.990.40.980.990.930.98-0.450.94
0.940.90.910.920.92-0.29-0.230.350.930.860.940.940.920.890.960.510.520.970.420.970.950.80.97-0.190.94
0.990.950.990.970.99-0.2-0.140.240.970.950.980.990.920.950.910.30.310.970.350.960.990.970.96-0.460.96
0.910.830.940.860.9-0.17-0.090.190.880.820.880.960.890.950.930.330.330.960.290.950.930.90.93-0.550.85
0.90.830.910.850.87-0.36-0.290.390.870.820.880.950.960.910.930.510.510.980.460.970.920.80.96-0.320.87
0.330.270.340.230.27-0.7-0.610.770.290.340.320.390.510.30.330.511.00.440.740.420.340.170.530.180.32
0.340.290.350.240.28-0.71-0.630.780.30.350.330.40.520.310.330.511.00.440.750.420.350.190.540.180.32
0.960.910.970.920.94-0.31-0.230.340.940.90.950.990.970.970.960.980.440.440.430.990.970.890.99-0.370.93
0.370.350.430.270.32-0.93-0.910.990.310.510.330.40.420.350.290.460.740.750.430.40.340.320.510.090.34
0.960.920.950.930.95-0.27-0.20.30.940.880.950.980.970.960.950.970.420.420.990.40.970.860.98-0.320.95
1.00.970.980.980.99-0.19-0.130.240.990.940.990.990.950.990.930.920.340.350.970.340.970.930.97-0.380.98
0.940.90.960.910.94-0.16-0.120.190.920.940.910.930.80.970.90.80.170.190.890.320.860.930.88-0.590.88
0.960.920.970.920.94-0.38-0.310.420.940.930.950.980.970.960.930.960.530.540.990.510.980.970.88-0.30.94
-0.34-0.25-0.43-0.31-0.35-0.14-0.150.17-0.31-0.31-0.3-0.45-0.19-0.46-0.55-0.320.180.18-0.370.09-0.32-0.38-0.59-0.3-0.23
0.990.980.940.990.99-0.17-0.120.240.990.941.00.940.940.960.850.870.320.320.930.340.950.980.880.94-0.23
Click cells to compare fundamentals

Entegris Account Relationship Matchups

Entegris fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.9B3.2B10.1B8.8B9.3B
Short Long Term Debt Total980.3M1.1B997.1M5.9B4.6B4.9B
Total Stockholder Equity1.2B1.4B1.7B3.2B3.4B3.6B
Net Debt628.4M544.6M594.6M5.3B4.2B4.4B
Non Current Assets Total1.6B1.7B1.9B7.8B6.8B7.2B
Non Currrent Assets Other13.7M12.0M11.4M22.1M24.9M15.4M
Other Assets25.0M72.4M29.1M51.0M45.9M27.0M
Common Stock Shares Outstanding136.6M136.3M136.6M143.1M150.9M126.6M
Liabilities And Stockholders Equity2.5B2.9B3.2B10.1B8.8B9.3B
Non Current Liabilities Total1.1B1.2B1.1B6.2B4.9B5.1B
Other Stockholder Equity835.7M837.7M872.7M2.2B2.3B2.4B
Total Liab1.4B1.5B1.5B6.9B5.4B5.7B
Other Current Liab163.2M197.2M214.6M389.9M379.8M398.8M
Total Current Liabilities264.4M302.6M379.0M761.9M514.0M539.7M
Property Plant And Equipment Net529.7M571.3M720.7M1.5B1.5B1.6B
Retained Earnings366.1M577.8M879.8M1.0B1.2B1.2B
Accounts Payable84.2M81.6M130.7M172.5M134.2M140.9M
Cash351.9M580.9M402.6M563.4M456.9M300.5M
Cash And Short Term Investments351.9M580.9M402.6M563.4M456.9M318.8M
Net Receivables234.4M264.4M347.4M535.5M457.1M479.9M
Common Stock Total Equity1.3M1.4M1.4M1.5M1.7M1.3M
Inventory287.1M323.9M475.2M812.8M607.1M637.4M
Other Current Assets34.4M43.9M52.9M129.3M113.7M119.3M
Property Plant And Equipment Gross529.7M571.3M720.7M1.5B2.5B2.6B
Total Current Assets932.4M1.2B1.3B2.3B2.0B2.1B
Accumulated Other Comprehensive Income(37.3M)(37.4M)(40.1M)(13.1M)(42.9M)(40.8M)
Intangible Assets334.0M337.6M335.1M1.8B1.3B1.3B
Common Stock1.3M1.4M1.4M1.5M1.5M1.3M
Long Term Debt932.5M1.1B937.0M5.6B4.6B4.8B
Property Plant Equipment479.5M525.4M720.7M1.4B1.6B1.7B
Good Will695.0M748.0M793.7M4.4B3.9B4.1B
Other Liab109.5M110.1M102.0M445.3M512.1M537.7M
Net Tangible Assets180.7M333.6M585.0M(3.0B)(2.7B)(2.5B)
Retained Earnings Total Equity366.1M577.8M879.8M1.0B1.2B1.2B
Capital Surpluse842.8M844.9M879.8M2.2B2.5B2.7B

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

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Moving against Entegris Stock

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entegris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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
1.2
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.