Enerplus Book Value Per Share vs Price To Sales Ratio Analysis
ERF Stock | CAD 27.20 0.13 0.48% |
Enerplus financial indicator trend analysis is much more than just examining Enerplus latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerplus is a good investment. Please check the relationship between Enerplus Book Value Per Share and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. 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 Enerplus Stock, please use our How to Invest in Enerplus guide.
Book Value Per Share vs Price To Sales Ratio
Book Value Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Enerplus' Book Value Per Share and Price To Sales Ratio is 0.06. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Book Value Per Share and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Enerplus are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Book Value Per Share i.e., Enerplus' Book Value Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Enerplus stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Enerplus sales, a figure that is much harder to manipulate than other Enerplus multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Most indicators from Enerplus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerplus 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 Enerplus. 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 Enerplus Stock, please use our How to Invest in Enerplus guide.At this time, Enerplus' Selling General Administrative is very stable compared to the past year. As of the 19th of May 2024, Tax Provision is likely to grow to about 116.9 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 56.8M | 70.0M | 1.1B | 1.2B | Cost Of Revenue | 794.0M | 996.7M | 902.3M | 510.7M |
Enerplus fundamental ratios Correlations
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Enerplus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enerplus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 1.2B | 2.0B | 1.9B | 2.1B | 2.9B | |
Short Long Term Debt Total | 505.0M | 413.5M | 730.7M | 282.4M | 324.8M | 557.4M | |
Other Current Liab | 84.9M | 101.0M | 249.4M | 120.7M | 138.8M | 93.0M | |
Total Current Liabilities | 321.5M | 306.3M | 621.4M | 503.2M | 478.4M | 296.8M | |
Total Stockholder Equity | 1.1B | 420.1M | 609.3M | 1.1B | 1.2B | 1.7B | |
Property Plant And Equipment Net | 1.2B | 492.4M | 1.3B | 1.4B | 1.5B | 2.2B | |
Net Debt | 388.9M | 323.7M | 669.3M | 244.4M | 119.3M | 113.3M | |
Retained Earnings | (1.5B) | (2.3B) | (2.2B) | (1.5B) | (1.2B) | (1.3B) | |
Accounts Payable | 142.1M | 113.4M | 260.8M | 288.2M | 294.1M | 171.0M | |
Cash | 116.1M | 89.8M | 61.3M | 38M | 66.7M | 52.4M | |
Non Current Assets Total | 1.7B | 968.5M | 1.7B | 1.5B | 1.7B | 2.6B | |
Non Currrent Assets Other | 10.6M | 3.8M | 9.8M | 21.2M | 5.9M | 5.6M | |
Cash And Short Term Investments | 116.1M | 89.8M | 61.3M | 38M | 43.7M | 51.5M | |
Net Receivables | 156.1M | 83.4M | 228.0M | 276.6M | 38.3M | 36.3M | |
Common Stock Shares Outstanding | 231.3M | 222.5M | 259.9M | 242.7M | 202.2M | 160.9M | |
Liabilities And Stockholders Equity | 2.0B | 1.2B | 2.0B | 1.9B | 2.2B | 2.9B | |
Non Current Liabilities Total | 516.1M | 423.7M | 759.3M | 358.2M | 362.8M | 344.6M | |
Other Stockholder Equity | 45.5M | 39.7M | 50.9M | 50.5M | 45.4M | 43.1M | |
Total Liab | 837.7M | 729.9M | 1.4B | 861.4M | 841.1M | 1.2B | |
Property Plant And Equipment Gross | 1.6B | 627.9M | 13.2B | 7.3B | 7.9B | 8.3B | |
Total Current Assets | 282.6M | 181.6M | 306.0M | 407.7M | 383.3M | 221.3M | |
Accumulated Other Comprehensive Income | 236.0M | 251.0M | (297.3M) | (301.3M) | (346.5M) | (329.2M) | |
Other Current Assets | 2.3M | 5.6M | 11.0M | 56.6M | 45.0M | 58.5M | |
Other Assets | 277.1M | 607.0M | 390.6M | 176.2M | 202.6M | 259.9M | |
Short Term Debt | 94.6M | 91.9M | 111.2M | 94.3M | 84.8M | 120.7M | |
Common Stock Total Equity | 3.4B | 3.3B | 3.1B | 3.1B | 2.8B | 2.6B | |
Common Stock | 2.4B | 2.4B | 3.1B | 2.8B | 2.6B | 2.2B | |
Other Liab | 138.0M | 130.2M | 139.9M | 170.0M | 153.0M | 145.5M | |
Net Tangible Assets | 1.3B | 535.7M | 609.3M | 1.1B | 969.0M | 782.2M | |
Long Term Debt | 500.6M | 386.6M | 601.2M | 178.9M | 105.4M | 100.2M | |
Short Long Term Debt | 106.0M | 103.8M | 100.6M | 80.6M | 72.5M | 68.9M | |
Property Plant Equipment | 1.6B | 627.9M | 1.3B | 1.4B | 1.2B | 1.1B | |
Long Term Debt Total | 536.2M | 386.6M | 601.2M | 178.9M | 161.0M | 153.0M | |
Capital Surpluse | 59.5M | 50.6M | 50.9M | 50.5M | 45.4M | 42.3M | |
Net Invested Capital | 2.1B | 1.0B | 1.3B | 1.3B | 1.4B | 1.4B | |
Net Working Capital | (50.9M) | (159.0M) | (315.5M) | (95.5M) | (95.1M) | (90.3M) | |
Capital Stock | 2.4B | 2.4B | 3.1B | 2.8B | 2.7B | 2.9B | |
Cash And Equivalents | 114.4M | 89.9M | 61.3M | 38M | 34.2M | 32.5M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. 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 Enerplus Stock, please use our How to Invest in Enerplus guide.Note that the Enerplus information on this page should be used as a complementary analysis to other Enerplus' 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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