Espey Common Stock vs Net Invested Capital Analysis

ESP Stock

USD 21.24 0.57 2.76%

Espey Mfg financial indicator trend analysis is much more than just examining Espey Mfg Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Espey Mfg Electronics is a good investment. Please check the relationship between Espey Mfg Common Stock and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Espey Mfg Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Common Stock vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Espey Mfg Electronics Common Stock account and Net Invested Capital. At this time, the significance of the direction appears to have weak relationship.

The correlation between Espey Mfg's Common Stock and Net Invested Capital is 0.35. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Espey Mfg Electronics, assuming nothing else is changed. The correlation between historical values of Espey Mfg's Common Stock and Net Invested Capital 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 of Espey Mfg Electronics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock i.e., Espey Mfg's Common Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Espey Mfg's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Espey Mfg Electronics 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 Espey Mfg Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

As of 06/08/2024, Selling General Administrative is likely to drop to about 3 M. In addition to that, Tax Provision is likely to drop to about 530.3 K

	2021	2022	2023	2024 (projected)
Gross Profit	5.5M	8.1M	9.3M	5.4M
Total Revenue	32.1M	35.6M	40.9M	24.3M

Gross Profit Total Revenue

Espey Mfg fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments	Common Stock	Treasury Stock	Property Plant Equipment
Total Assets		0.69	0.94	0.0	0.4	0.47	-0.4	-0.34	-0.21	0.45	0.44	0.1	-0.73	0.89	0.59	0.92	0.68	1.0	0.57	0.3	0.57	0.83	0.51	0.83	0.5	-0.2
Total Current Liabilities	0.69		0.56	-0.11	0.59	0.35	-0.63	-0.25	-0.26	0.1	0.17	-0.36	-0.39	0.76	0.88	0.62	1.0	0.67	0.87	0.18	0.9	0.43	0.68	0.45	0.59	-0.22
Total Stockholder Equity	0.94	0.56		-0.04	0.29	0.67	-0.31	-0.45	-0.16	0.6	0.47	-0.05	-0.86	0.72	0.49	0.83	0.54	0.95	0.51	0.23	0.44	0.93	0.54	0.93	0.28	-0.28
Property Plant And Equipment Net	0.0	-0.11	-0.04		0.59	-0.41	-0.55	0.85	0.52	-0.5	0.47	0.44	-0.05	0.08	-0.17	0.25	-0.11	-0.06	-0.33	0.51	-0.16	-0.06	-0.03	-0.07	-0.02	0.95
Net Debt	0.4	0.59	0.29	0.59		-0.01	-1.0	0.51	0.22	-0.34	0.44	0.0	-0.09	0.45	0.61	0.47	0.6	0.33	0.5	0.23	0.55	0.07	0.61	0.08	0.25	0.55
Retained Earnings	0.47	0.35	0.67	-0.41	-0.01		-0.04	-0.65	-0.12	0.69	0.09	-0.63	-0.62	0.15	0.48	0.18	0.33	0.5	0.59	-0.29	0.32	0.61	0.57	0.62	-0.2	-0.59
Cash	-0.4	-0.63	-0.31	-0.55	-1.0	-0.04		-0.46	-0.2	0.32	-0.41	0.07	0.1	-0.46	-0.65	-0.46	-0.64	-0.34	-0.55	-0.21	-0.59	-0.08	-0.65	-0.09	-0.24	-0.5
Non Current Assets Total	-0.34	-0.25	-0.45	0.85	0.51	-0.65	-0.46		0.58	-0.69	0.14	0.43	0.44	-0.17	-0.21	-0.12	-0.24	-0.4	-0.36	0.23	-0.2	-0.54	-0.14	-0.55	-0.12	0.97
Non Currrent Assets Other	-0.21	-0.26	-0.16	0.52	0.22	-0.12	-0.2	0.58		0.02	-0.29	0.14	-0.01	-0.28	-0.06	-0.16	-0.27	-0.25	-0.18	-0.02	-0.16	-0.3	0.22	-0.3	-0.24	0.58
Cash And Short Term Investments	0.45	0.1	0.6	-0.5	-0.34	0.69	0.32	-0.69	0.02		-0.27	-0.18	-0.59	0.1	0.22	0.25	0.08	0.49	0.29	-0.13	0.09	0.56	0.44	0.56	-0.1	-0.63
Net Receivables	0.44	0.17	0.47	0.47	0.44	0.09	-0.41	0.14	-0.29	-0.27		0.21	-0.36	0.4	-0.04	0.52	0.16	0.42	-0.04	0.46	0.01	0.49	-0.06	0.49	0.04	0.29
Common Stock Shares Outstanding	0.1	-0.36	-0.05	0.44	0.0	-0.63	0.07	0.43	0.14	-0.18	0.21		0.08	0.19	-0.39	0.28	-0.36	0.09	-0.53	0.35	-0.33	-0.06	-0.42	-0.08	0.29	0.49
Non Current Liabilities Total	-0.73	-0.39	-0.86	-0.05	-0.09	-0.62	0.1	0.44	-0.01	-0.59	-0.36	0.08		-0.54	-0.27	-0.7	-0.35	-0.74	-0.26	-0.36	-0.22	-0.91	-0.37	-0.91	-0.25	0.25
Inventory	0.89	0.76	0.72	0.08	0.45	0.15	-0.46	-0.17	-0.28	0.1	0.4	0.19	-0.54		0.56	0.9	0.76	0.88	0.51	0.39	0.64	0.66	0.31	0.66	0.78	-0.07
Other Current Assets	0.59	0.88	0.49	-0.17	0.61	0.48	-0.65	-0.21	-0.06	0.22	-0.04	-0.39	-0.27	0.56		0.41	0.88	0.57	0.97	-0.19	0.88	0.25	0.84	0.27	0.43	-0.22
Other Stockholder Equity	0.92	0.62	0.83	0.25	0.47	0.18	-0.46	-0.12	-0.16	0.25	0.52	0.28	-0.7	0.9	0.41		0.61	0.9	0.35	0.55	0.48	0.78	0.38	0.78	0.58	0.04
Total Liab	0.68	1.0	0.54	-0.11	0.6	0.33	-0.64	-0.24	-0.27	0.08	0.16	-0.36	-0.35	0.76	0.88	0.61		0.65	0.87	0.17	0.9	0.4	0.68	0.42	0.59	-0.21
Total Current Assets	1.0	0.67	0.95	-0.06	0.33	0.5	-0.34	-0.4	-0.25	0.49	0.42	0.09	-0.74	0.88	0.57	0.9	0.65		0.56	0.28	0.55	0.85	0.49	0.85	0.5	-0.26
Other Current Liab	0.57	0.87	0.51	-0.33	0.5	0.59	-0.55	-0.36	-0.18	0.29	-0.04	-0.53	-0.26	0.51	0.97	0.35	0.87	0.56		-0.28	0.88	0.3	0.81	0.32	0.34	-0.38
Accounts Payable	0.3	0.18	0.23	0.51	0.23	-0.29	-0.21	0.23	-0.02	-0.13	0.46	0.35	-0.36	0.39	-0.19	0.55	0.17	0.28	-0.28		-0.08	0.35	-0.07	0.34	0.25	0.36
Property Plant And Equipment Gross	0.57	0.9	0.44	-0.16	0.55	0.32	-0.59	-0.2	-0.16	0.09	0.01	-0.33	-0.22	0.64	0.88	0.48	0.9	0.55	0.88	-0.08		0.26	0.67	0.27	0.56	-0.21
Common Stock Total Equity	0.83	0.43	0.93	-0.06	0.07	0.61	-0.08	-0.54	-0.3	0.56	0.49	-0.06	-0.91	0.66	0.25	0.78	0.4	0.85	0.3	0.35	0.26		0.29	1.0	0.29	-0.35
Short Term Investments	0.51	0.68	0.54	-0.03	0.61	0.57	-0.65	-0.14	0.22	0.44	-0.06	-0.42	-0.37	0.31	0.84	0.38	0.68	0.49	0.81	-0.07	0.67	0.29		0.3	0.06	-0.12
Common Stock	0.83	0.45	0.93	-0.07	0.08	0.62	-0.09	-0.55	-0.3	0.56	0.49	-0.08	-0.91	0.66	0.27	0.78	0.42	0.85	0.32	0.34	0.27	1.0	0.3		0.29	-0.36
Treasury Stock	0.5	0.59	0.28	-0.02	0.25	-0.2	-0.24	-0.12	-0.24	-0.1	0.04	0.29	-0.25	0.78	0.43	0.58	0.59	0.5	0.34	0.25	0.56	0.29	0.06	0.29		-0.08
Property Plant Equipment	-0.2	-0.22	-0.28	0.95	0.55	-0.59	-0.5	0.97	0.58	-0.63	0.29	0.49	0.25	-0.07	-0.22	0.04	-0.21	-0.26	-0.38	0.36	-0.21	-0.35	-0.12	-0.36	-0.08

Click cells to compare fundamentals

Espey Mfg Account Relationship Matchups

Espey Mfg fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.2M	38.0M	39.9M	47.5M	54.6M	33.2M
Total Current Liabilities	6.7M	7.5M	7.6M	11.5M	13.2M	13.9M
Total Stockholder Equity	31.2M	30.3M	32.1M	35.9M	41.3M	30.3M
Property Plant And Equipment Net	3.5M	3.0M	2.8M	2.8M	2.5M	2.4M
Net Debt	(5.4M)	(6.8M)	(8.1M)	(2.7M)	(3.2M)	(3.3M)
Retained Earnings	18.8M	17.4M	18.7M	21.9M	25.1M	24.7M
Cash	5.4M	6.8M	8.1M	2.7M	2.5M	2.4M
Non Current Assets Total	3.5M	3.0M	2.8M	2.8M	2.5M	2.5M
Non Currrent Assets Other	(303.9K)	(294.4K)	(252.7K)	(334.0K)	(300.6K)	(285.6K)
Cash And Short Term Investments	10.5M	9.9M	11.8M	14.7M	16.9M	11.9M
Net Receivables	9.0M	5.6M	5.7M	5.8M	6.7M	4.3M
Common Stock Shares Outstanding	2.4M	2.4M	2.4M	2.5M	2.2M	1.8M
Liabilities And Stockholders Equity	38.2M	38.0M	39.9M	47.5M	54.6M	33.2M
Non Current Liabilities Total	233.0K	168.6K	177.8K	137.8K	124.0K	233.8K
Inventory	14.8M	18.8M	18.6M	19.9M	22.9M	12.3M
Other Current Assets	396.9K	700.3K	992.8K	4.3M	3.9M	4.0M
Other Stockholder Equity	11.4M	11.9M	12.4M	13.0M	14.9M	7.6M
Total Liab	7.0M	7.6M	7.8M	11.6M	13.4M	14.0M
Total Current Assets	34.7M	35.0M	37.1M	44.7M	51.4M	29.8M
Other Current Liab	318.3K	126.0K	2.2M	10.3M	11.8M	12.4M
Accounts Payable	2.9M	2.7M	2.1M	1.2M	1.4M	1.1M
Property Plant And Equipment Gross	3.5M	3.0M	15.9M	16.4M	18.9M	19.8M
Accumulated Other Comprehensive Income	(3.1K)	(2.4K)	(1.9K)	(2.4K)	(2.8K)	(2.9K)
Short Term Investments	5.1M	3.1M	3.7M	12.0M	13.8M	14.4M
Treasury Stock	(7.7M)	(7.6M)	(7.7M)	(6.0M)	(6.9M)	(7.3M)
Property Plant Equipment	3.5M	3.0M	2.8M	2.8M	2.5M	2.4M
Net Tangible Assets	31.2M	30.3M	32.1M	35.9M	41.3M	32.7M
Capital Surpluse	19.1M	23.0M	23.1M	23.3M	26.8M	20.6M
Other Liab	233.0K	168.6K	177.8K	137.8K	124.0K	155.5K
Cash And Equivalents	5.4M	6.8M	8.1M	2.7M	2.5M	4.9M
Short Term Debt	1.2M	1.4M	1.6M	8.1M	9.3M	9.8M
Net Invested Capital	31.2M	30.3M	32.1M	35.9M	41.3M	35.6M
Net Working Capital	28.0M	27.5M	29.5M	33.2M	38.2M	32.4M
Current Deferred Revenue	2.2M	3.1M	3.4M	8.1M	9.3M	9.8M

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Espey Common Stock vs Net Invested Capital Analysis

Common Stock vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Common Stock

Net Invested Capital

Espey Mfg fundamental ratios Correlations

Espey Mfg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Espey Mfg fundamental ratios Accounts

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Additional Tools for Espey Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant Equipment	+ 0.97	Non Current Assets Total
Other Current Liab	+ 0.97	Other Current Assets
Total Current Assets	+ 0.95	Total Stockholder Equity

Cash	- 1.0	Net Debt
Common Stock	- 0.91	Non Current Liabilities Total
Common Stock Total Equity	- 0.91	Non Current Liabilities Total
Non Current Liabilities Total	- 0.86	Total Stockholder Equity
Total Current Assets	- 0.74	Non Current Liabilities Total
Non Current Liabilities Total	- 0.73	Total Assets