Enerplus Common Stock Total Equity vs Common Stock Shares Outstanding Analysis
ERF Stock | CAD 27.71 0.31 1.13% |
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 Common Stock Total Equity and its Common Stock Shares Outstanding 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.
Common Stock Total Equity vs Common Stock Shares Outstanding
Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enerplus' Common Stock Total Equity and Common Stock Shares Outstanding is -0.37. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Enerplus are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Enerplus' Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 2nd of June 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Enerplus' price analysis, check to measure Enerplus' 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 Enerplus is operating at the current time. Most of Enerplus' value examination focuses on studying past and present price action to predict the probability of Enerplus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerplus' price. Additionally, you may evaluate how the addition of Enerplus to your portfolios can decrease your overall portfolio volatility.
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