Enerplus Days Sales Outstanding vs Dividend Yield 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 Days Sales Outstanding and its Dividend Yield 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.

Days Sales Outstanding vs Dividend Yield

Days Sales Outstanding vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerplus Days Sales Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enerplus' Days Sales Outstanding and Dividend Yield is 0.56. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Enerplus, assuming nothing else is changed. The correlation between historical values of Enerplus' Days Sales Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Enerplus are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Sales Outstanding i.e., Enerplus' Days Sales Outstanding and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Days Sales Outstanding

Dividend Yield

Dividend Yield is Enerplus dividend as a percentage of Enerplus stock price. Enerplus dividend yield is a measure of Enerplus stock productivity, which can be interpreted as interest rate earned on an Enerplus investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
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 Expenses56.8M70.0M1.1B1.2B
Cost Of Revenue794.0M996.7M902.3M510.7M

Enerplus fundamental ratios Correlations

0.790.10.490.980.960.70.430.61-0.241.00.63-0.230.250.180.910.540.960.230.00.12-0.010.28-0.140.290.41
0.790.460.40.670.670.930.040.2-0.270.780.29-0.250.320.350.880.210.880.10.00.260.170.220.240.110.12
0.10.460.59-0.01-0.030.44-0.28-0.04-0.160.08-0.15-0.160.450.420.13-0.230.250.290.30.230.080.160.04-0.49-0.27
0.490.40.590.410.490.37-0.090.77-0.170.460.34-0.180.640.50.370.270.570.740.31-0.1-0.030.32-0.23-0.280.11
0.980.67-0.010.410.940.570.520.59-0.140.970.65-0.140.170.130.830.540.870.150.060.12-0.070.28-0.250.310.4
0.960.67-0.030.490.940.610.530.7-0.340.970.63-0.340.190.010.860.590.920.31-0.17-0.03-0.070.2-0.170.350.55
0.70.930.440.370.570.610.10.17-0.460.710.28-0.440.390.240.890.250.830.01-0.120.310.420.060.260.280.29
0.430.04-0.28-0.090.520.530.10.19-0.310.460.47-0.31-0.24-0.690.310.490.26-0.12-0.38-0.03-0.04-0.2-0.310.540.68
0.610.2-0.040.770.590.70.170.19-0.130.60.6-0.150.360.250.430.570.590.70.12-0.27-0.150.21-0.250.070.39
-0.24-0.27-0.16-0.17-0.14-0.34-0.46-0.31-0.13-0.280.01.00.020.41-0.33-0.2-0.34-0.180.52-0.340.040.63-0.2-0.08-0.35
1.00.780.080.460.970.970.710.460.6-0.280.64-0.270.210.120.920.570.960.21-0.080.09-0.010.26-0.120.320.45
0.630.29-0.150.340.650.630.280.470.60.00.640.010.10.00.550.960.560.06-0.14-0.180.160.27-0.170.480.48
-0.23-0.25-0.16-0.18-0.14-0.34-0.44-0.31-0.151.0-0.270.010.050.41-0.31-0.19-0.33-0.20.5-0.340.070.63-0.19-0.06-0.34
0.250.320.450.640.170.190.39-0.240.360.020.210.10.050.60.27-0.040.340.360.440.010.470.23-0.09-0.020.07
0.180.350.420.50.130.010.24-0.690.250.410.120.00.410.60.18-0.170.250.220.750.160.180.460.04-0.37-0.49
0.910.880.130.370.830.860.890.310.43-0.330.920.55-0.310.270.180.490.950.06-0.140.140.30.20.090.470.48
0.540.21-0.230.270.540.590.250.490.57-0.20.570.96-0.19-0.04-0.170.490.50.07-0.34-0.170.110.08-0.10.480.53
0.960.880.250.570.870.920.830.260.59-0.340.960.56-0.330.340.250.950.50.31-0.070.10.080.250.020.250.4
0.230.10.290.740.150.310.01-0.120.7-0.180.210.06-0.20.360.220.060.070.310.17-0.18-0.430.03-0.13-0.350.12
0.00.00.30.310.06-0.17-0.12-0.380.120.52-0.08-0.140.50.440.75-0.14-0.34-0.070.170.370.00.26-0.26-0.36-0.47
0.120.260.23-0.10.12-0.030.31-0.03-0.27-0.340.09-0.18-0.340.010.160.14-0.170.1-0.180.370.04-0.39-0.04-0.04-0.21
-0.010.170.08-0.03-0.07-0.070.42-0.04-0.150.04-0.010.160.070.470.180.30.110.08-0.430.00.040.120.050.610.35
0.280.220.160.320.280.20.06-0.20.210.630.260.270.630.230.460.20.080.250.030.26-0.390.12-0.410.0-0.02
-0.140.240.04-0.23-0.25-0.170.26-0.31-0.25-0.2-0.12-0.17-0.19-0.090.040.09-0.10.02-0.13-0.26-0.040.05-0.41-0.16-0.32
0.290.11-0.49-0.280.310.350.280.540.07-0.080.320.48-0.06-0.02-0.370.470.480.25-0.35-0.36-0.040.610.0-0.160.81
0.410.12-0.270.110.40.550.290.680.39-0.350.450.48-0.340.07-0.490.480.530.40.12-0.47-0.210.35-0.02-0.320.81
Click cells to compare fundamentals

Enerplus Account Relationship Matchups

Enerplus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.2B2.0B1.9B2.1B2.9B
Short Long Term Debt Total505.0M413.5M730.7M282.4M324.8M557.4M
Other Current Liab84.9M101.0M249.4M120.7M138.8M93.0M
Total Current Liabilities321.5M306.3M621.4M503.2M478.4M296.8M
Total Stockholder Equity1.1B420.1M609.3M1.1B1.2B1.7B
Property Plant And Equipment Net1.2B492.4M1.3B1.4B1.5B2.2B
Net Debt388.9M323.7M669.3M244.4M119.3M113.3M
Retained Earnings(1.5B)(2.3B)(2.2B)(1.5B)(1.2B)(1.3B)
Accounts Payable142.1M113.4M260.8M288.2M294.1M171.0M
Cash116.1M89.8M61.3M38M66.7M52.4M
Non Current Assets Total1.7B968.5M1.7B1.5B1.7B2.6B
Non Currrent Assets Other10.6M3.8M9.8M21.2M5.9M5.6M
Cash And Short Term Investments116.1M89.8M61.3M38M43.7M51.5M
Net Receivables156.1M83.4M228.0M276.6M38.3M36.3M
Common Stock Shares Outstanding231.3M222.5M259.9M242.7M202.2M160.9M
Liabilities And Stockholders Equity2.0B1.2B2.0B1.9B2.2B2.9B
Non Current Liabilities Total516.1M423.7M759.3M358.2M362.8M344.6M
Other Stockholder Equity45.5M39.7M50.9M50.5M45.4M43.1M
Total Liab837.7M729.9M1.4B861.4M841.1M1.2B
Property Plant And Equipment Gross1.6B627.9M13.2B7.3B7.9B8.3B
Total Current Assets282.6M181.6M306.0M407.7M383.3M221.3M
Accumulated Other Comprehensive Income236.0M251.0M(297.3M)(301.3M)(346.5M)(329.2M)
Other Current Assets2.3M5.6M11.0M56.6M45.0M58.5M
Other Assets277.1M607.0M390.6M176.2M202.6M259.9M
Short Term Debt94.6M91.9M111.2M94.3M84.8M120.7M
Common Stock Total Equity3.4B3.3B3.1B3.1B2.8B2.6B
Common Stock2.4B2.4B3.1B2.8B2.6B2.2B
Other Liab138.0M130.2M139.9M170.0M153.0M145.5M
Net Tangible Assets1.3B535.7M609.3M1.1B969.0M782.2M
Long Term Debt500.6M386.6M601.2M178.9M105.4M100.2M
Short Long Term Debt106.0M103.8M100.6M80.6M72.5M68.9M
Property Plant Equipment1.6B627.9M1.3B1.4B1.2B1.1B
Long Term Debt Total536.2M386.6M601.2M178.9M161.0M153.0M
Capital Surpluse59.5M50.6M50.9M50.5M45.4M42.3M
Net Invested Capital2.1B1.0B1.3B1.3B1.4B1.4B
Net Working Capital(50.9M)(159.0M)(315.5M)(95.5M)(95.1M)(90.3M)
Capital Stock2.4B2.4B3.1B2.8B2.7B2.9B
Cash And Equivalents114.4M89.9M61.3M38M34.2M32.5M

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When determining whether Enerplus is a strong investment it is important to analyze Enerplus' 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 Enerplus' future performance. For an informed investment choice regarding Enerplus Stock, refer to the following important reports:
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.
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Please note, there is a significant difference between Enerplus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerplus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerplus' 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.