ESCO Revenue Per Employee vs Receivables Turnover Analysis

ESE Stock  USD 105.94  2.60  2.52%   
Trend analysis of ESCO Technologies balance sheet accounts such as Other Current Liabilities of 60.7 M or Total Current Liabilities of 379.9 M provides information on ESCO Technologies' total assets, liabilities, and equity, which is the actual value of ESCO Technologies to its prevalent stockholders. By breaking down trends over time using ESCO Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESCO Technologies. 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.
For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.

About ESCO Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ESCO Technologies at a specified time, usually calculated after every quarter, six months, or one year. ESCO Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ESCO Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ESCO currently owns. An asset can also be divided into two categories, current and non-current.

ESCO Technologies Balance Sheet Chart

ESCO Technologies Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how ESCO Technologies uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, ESCO Technologies' Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1.4 B, whereas Other Current Liabilities is forecasted to decline to about 60.7 M.

Total Assets

Total assets refers to the total amount of ESCO Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ESCO Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on ESCO Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ESCO Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from ESCO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESCO Technologies 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 ESCO Technologies. 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.
For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.The current year's Enterprise Value Multiple is expected to grow to 14.80, whereas Selling General Administrative is forecasted to decline to about 138.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit332.0M375.7M432.0M453.6M
Total Revenue857.5M956.0M1.1B599.8M

ESCO Technologies fundamental ratios Correlations

0.420.460.970.970.950.310.670.50.99-0.180.50.920.620.430.92-0.15-0.530.890.850.96-0.030.940.960.490.5
0.420.570.310.190.320.970.390.440.460.060.440.270.220.980.15-0.33-0.430.760.320.280.120.50.30.430.43
0.460.570.480.350.350.520.560.40.470.40.40.250.40.630.27-0.14-0.410.570.350.390.310.370.40.50.49
0.970.310.480.960.910.190.650.480.95-0.030.480.890.610.320.9-0.07-0.460.840.80.970.10.870.930.430.45
0.970.190.350.960.960.090.650.410.95-0.250.410.940.580.210.96-0.05-0.440.750.860.96-0.120.910.960.40.42
0.950.320.350.910.960.230.70.410.93-0.340.410.960.420.320.950.05-0.330.780.910.94-0.290.970.90.290.3
0.310.970.520.190.090.230.340.210.350.090.210.20.140.930.09-0.26-0.30.660.230.190.130.420.170.310.31
0.670.390.560.650.650.70.340.310.62-0.30.310.760.280.420.70.18-0.170.580.560.71-0.210.690.590.220.22
0.50.440.40.480.410.410.210.310.53-0.091.00.30.330.530.24-0.34-0.610.570.40.390.010.450.540.580.58
0.990.460.470.950.950.930.350.620.53-0.190.530.880.650.490.87-0.25-0.610.910.860.910.00.940.970.570.58
-0.180.060.4-0.03-0.25-0.340.09-0.3-0.09-0.19-0.09-0.360.050.03-0.32-0.020.07-0.01-0.3-0.120.67-0.39-0.24-0.02-0.02
0.50.440.40.480.410.410.210.311.00.53-0.090.30.330.530.24-0.34-0.610.570.40.390.010.450.540.580.58
0.920.270.250.890.940.960.20.760.30.88-0.360.30.430.250.970.08-0.260.740.790.96-0.250.920.860.220.24
0.620.220.40.610.580.420.140.280.330.650.050.330.430.310.47-0.62-0.780.580.330.50.430.440.710.830.84
0.430.980.630.320.210.320.930.420.530.490.030.530.250.310.15-0.42-0.550.760.320.270.150.490.350.560.56
0.920.150.270.90.960.950.090.70.240.87-0.320.240.970.470.150.1-0.260.690.80.95-0.230.890.870.230.24
-0.15-0.33-0.14-0.07-0.050.05-0.260.18-0.34-0.25-0.02-0.340.08-0.62-0.420.10.89-0.310.10.06-0.38-0.06-0.32-0.85-0.85
-0.53-0.43-0.41-0.46-0.44-0.33-0.3-0.17-0.61-0.610.07-0.61-0.26-0.78-0.55-0.260.89-0.6-0.29-0.31-0.31-0.41-0.67-0.98-0.98
0.890.760.570.840.750.780.660.580.570.91-0.010.570.740.580.760.69-0.31-0.60.70.80.140.860.820.570.58
0.850.320.350.80.860.910.230.560.40.86-0.30.40.790.330.320.80.1-0.290.70.79-0.280.890.80.270.27
0.960.280.390.970.960.940.190.710.390.91-0.120.390.960.50.270.950.06-0.310.80.79-0.080.880.890.280.29
-0.030.120.310.1-0.12-0.290.13-0.210.010.00.670.01-0.250.430.15-0.23-0.38-0.310.14-0.28-0.08-0.24-0.010.360.36
0.940.50.370.870.910.970.420.690.450.94-0.390.450.920.440.490.89-0.06-0.410.860.890.88-0.240.880.370.38
0.960.30.40.930.960.90.170.590.540.97-0.240.540.860.710.350.87-0.32-0.670.820.80.89-0.010.880.630.65
0.490.430.50.430.40.290.310.220.580.57-0.020.580.220.830.560.23-0.85-0.980.570.270.280.360.370.631.0
0.50.430.490.450.420.30.310.220.580.58-0.020.580.240.840.560.24-0.85-0.980.580.270.290.360.380.651.0
Click cells to compare fundamentals

ESCO Technologies Account Relationship Matchups

ESCO Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.7B1.7B1.9B2.0B
Short Long Term Debt Total79.2M182.0M177.9M138.6M159.3M102.8M
Other Current Liab82.6M92.3M94.4M95.4M109.7M60.7M
Total Current Liabilities256.0M277.8M318.1M314.7M361.8M379.9M
Total Stockholder Equity961.6M1.0B1.0B1.1B1.3B1.4B
Property Plant And Equipment Net161.3M186.1M185.1M195.3M224.6M235.9M
Net Debt26.6M125.8M80.1M96.7M111.2M57.5M
Accounts Payable50.5M56.7M78.7M87.0M100.0M51.4M
Cash52.6M56.2M97.7M41.9M48.1M39.2M
Non Current Assets Total926.9M1.1B1.1B1.1B1.3B1.3B
Non Currrent Assets Other10.9M11.0M9.5M11.5M10.3M9.8M
Cash And Short Term Investments52.6M56.2M97.7M41.9M48.1M39.2M
Net Receivables240.8M240.1M289.8M337.2M387.8M407.2M
Common Stock Shares Outstanding26.1M26.2M26.1M25.9M29.7M27.9M
Liabilities And Stockholders Equity1.4B1.6B1.7B1.7B1.9B2.0B
Non Current Liabilities Total155.9M279.9M288.2M237.4M273.0M152.4M
Inventory136.2M147.1M162.4M184.1M211.7M222.3M
Other Current Assets17.1M22.7M22.7M18.0M20.7M18.1M
Other Stockholder Equity186.5M190.6M174.6M165.5M148.9M189.0M
Total Liab411.9M557.6M606.3M552.1M634.9M666.6M
Property Plant And Equipment Gross161.3M301.8M185.1M195.3M224.6M235.9M
Total Current Assets446.6M466.2M572.6M581.1M668.3M701.7M
Accumulated Other Comprehensive Income(3.7M)(2.2M)(31.8M)(24.0M)(27.6M)(28.9M)
Intangible Assets346.6M409.3M394.5M392.1M450.9M473.5M
Retained Earnings778.4M831.0M905.0M989.3M1.1B1.2B
Other Liab70.8M117.9M130.3M100.5M115.5M66.7M
Other Assets10.9M11.0M9.5M11.5M10.3M13.3M
Long Term Debt40M134M133M82M94.3M102.0M
Good Will408.1M504.9M492.7M503.2M578.7M311.3M
Treasury Stock(107.4M)(107.3M)(107.1M)(107.1M)(96.4M)(101.2M)
Property Plant Equipment139.9M186.1M185.1M195.3M224.6M114.0M
Current Deferred Revenue100.6M108.8M125.0M112.3M129.1M135.6M
Net Tangible Assets206.9M105.6M161.0M235.8M271.2M284.8M
Long Term Debt Total293.4M40M134M133M153.0M132.1M
Capital Surpluse292.4M293.7M297.6M301.6M346.8M316.4M

Pair Trading with ESCO Technologies

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

Moving together with ESCO Stock

  0.63ST Sensata Technologies Financial Report 23rd of April 2024 PairCorr

Moving against ESCO Stock

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  0.55WELX Winland HoldingsPairCorr
  0.55FTV Fortive Corp Financial Report 24th of April 2024 PairCorr
  0.49VNT Vontier Corp Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to ESCO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESCO Technologies 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 ESCO Technologies - 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 ESCO Technologies to buy it.
The correlation of ESCO Technologies 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 ESCO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESCO Technologies 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 ESCO Technologies 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 ESCO Technologies is a strong investment it is important to analyze ESCO Technologies' 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 ESCO Technologies' future performance. For an informed investment choice regarding ESCO Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESCO Technologies. 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.
For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is ESCO Technologies' 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 ESCO Technologies. If investors know ESCO 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 ESCO Technologies 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
(0.10)
Dividend Share
0.32
Earnings Share
3.6
Revenue Per Share
37.573
Quarterly Revenue Growth
0.088
The market value of ESCO Technologies is measured differently than its book value, which is the value of ESCO that is recorded on the company's balance sheet. Investors also form their own opinion of ESCO Technologies' value that differs from its market value or its book value, called intrinsic value, which is ESCO Technologies' 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 ESCO Technologies' market value can be influenced by many factors that don't directly affect ESCO Technologies' 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 ESCO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ESCO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESCO Technologies' 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.