ESCO Total Debt vs Receivables Turnover Analysis
ESE Stock | USD 105.00 6.45 5.79% |
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.
ESCO |
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. Add Fundamental
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.At present, ESCO Technologies' Enterprise Value Multiple is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.7 B, whereas Discontinued Operations is projected to grow to (656.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 332.0M | 375.7M | 432.0M | 453.6M | Total Revenue | 857.5M | 956.0M | 1.1B | 599.8M |
ESCO Technologies fundamental ratios Correlations
Click cells to compare fundamentals
ESCO Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ESCO Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.6B | 1.7B | 1.7B | 1.9B | 2.0B | |
Short Long Term Debt Total | 79.2M | 182.0M | 177.9M | 138.6M | 159.3M | 102.8M | |
Other Current Liab | 82.6M | 92.3M | 94.4M | 95.4M | 109.7M | 60.7M | |
Total Current Liabilities | 256.0M | 277.8M | 318.1M | 314.7M | 361.8M | 379.9M | |
Total Stockholder Equity | 961.6M | 1.0B | 1.0B | 1.1B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 161.3M | 186.1M | 185.1M | 195.3M | 224.6M | 235.9M | |
Net Debt | 26.6M | 125.8M | 80.1M | 96.7M | 111.2M | 57.5M | |
Accounts Payable | 50.5M | 56.7M | 78.7M | 87.0M | 100.0M | 51.4M | |
Cash | 52.6M | 56.2M | 97.7M | 41.9M | 48.1M | 39.2M | |
Non Current Assets Total | 926.9M | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Non Currrent Assets Other | 10.9M | 11.0M | 9.5M | 11.5M | 10.3M | 9.8M | |
Cash And Short Term Investments | 52.6M | 56.2M | 97.7M | 41.9M | 48.1M | 39.2M | |
Net Receivables | 240.8M | 240.1M | 289.8M | 337.2M | 387.8M | 407.2M | |
Common Stock Shares Outstanding | 26.1M | 26.2M | 26.1M | 25.9M | 29.8M | 27.9M | |
Liabilities And Stockholders Equity | 1.4B | 1.6B | 1.7B | 1.7B | 1.9B | 2.0B | |
Non Current Liabilities Total | 155.9M | 279.9M | 288.2M | 237.4M | 273.0M | 152.4M | |
Inventory | 136.2M | 147.1M | 162.4M | 184.1M | 211.7M | 222.3M | |
Other Current Assets | 17.1M | 22.7M | 22.7M | 18.0M | 20.7M | 18.1M | |
Other Stockholder Equity | 186.5M | 190.6M | 174.6M | 165.5M | 148.9M | 185.5M | |
Total Liab | 411.9M | 557.6M | 606.3M | 552.1M | 634.9M | 666.6M | |
Property Plant And Equipment Gross | 161.3M | 301.8M | 185.1M | 195.3M | 224.6M | 235.9M | |
Total Current Assets | 446.6M | 466.2M | 572.6M | 581.1M | 668.3M | 701.7M | |
Accumulated Other Comprehensive Income | (3.7M) | (2.2M) | (31.8M) | (24.0M) | (27.6M) | (28.9M) | |
Intangible Assets | 346.6M | 409.3M | 394.5M | 392.1M | 450.9M | 473.5M | |
Retained Earnings | 778.4M | 831.0M | 905.0M | 989.3M | 1.1B | 1.2B | |
Other Liab | 70.8M | 117.9M | 130.3M | 100.5M | 115.5M | 66.7M | |
Other Assets | 10.9M | 11.0M | 9.5M | 11.5M | 10.3M | 13.3M | |
Long Term Debt | 40M | 134M | 133M | 82M | 94.3M | 102.0M | |
Good Will | 408.1M | 504.9M | 492.7M | 503.2M | 578.7M | 311.3M | |
Treasury Stock | (107.4M) | (107.3M) | (107.1M) | (107.1M) | (96.4M) | (101.2M) | |
Property Plant Equipment | 139.9M | 186.1M | 185.1M | 195.3M | 224.6M | 114.0M | |
Current Deferred Revenue | 100.6M | 108.8M | 125.0M | 112.3M | 129.1M | 135.6M | |
Net Tangible Assets | 206.9M | 105.6M | 161.0M | 235.8M | 271.2M | 284.8M | |
Long Term Debt Total | 293.4M | 40M | 134M | 133M | 153.0M | 132.1M | |
Capital Surpluse | 292.4M | 293.7M | 297.6M | 301.6M | 346.8M | 316.4M |
ESCO Technologies Investors Sentiment
The influence of ESCO Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ESCO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ESCO Technologies' public news can be used to forecast risks associated with an investment in ESCO. The trend in average sentiment can be used to explain how an investor holding ESCO can time the market purely based on public headlines and social activities around ESCO Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ESCO Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ESCO Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ESCO Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on ESCO Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ESCO Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ESCO Technologies' short interest history, or implied volatility extrapolated from ESCO Technologies options trading.
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
0.7 | ST | Sensata Technologies | PairCorr |
Moving against ESCO Stock
0.47 | WRAP | Wrap Technologies Earnings Call This Week | PairCorr |
0.41 | FTV | Fortive Corp Earnings Call This Week | 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.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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for ESCO Stock analysis
When running ESCO Technologies' price analysis, check to measure ESCO Technologies' 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 ESCO Technologies is operating at the current time. Most of ESCO Technologies' value examination focuses on studying past and present price action to predict the probability of ESCO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESCO Technologies' price. Additionally, you may evaluate how the addition of ESCO Technologies to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Stocks Directory Find actively traded stocks across global markets | |
Fundamental Analysis View fundamental data based on most recent published financial statements |
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 3.81 | Revenue Per Share 38.378 | 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.