Espey Total Assets vs Total Stockholder Equity Analysis

ESP Stock

USD 22.02 0.62 2.90%

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 Total Assets and its Total Stockholder Equity 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 tightly coupled with the direction of predictive economic indicators such as signals in state.

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Espey Mfg Electronics Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Espey Mfg's Total Assets and Total Stockholder Equity is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity 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 Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Espey Mfg Electronics are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Espey Mfg's Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Espey Mfg 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 Espey Mfg Electronics 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 Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 tightly coupled with the direction of predictive economic indicators such as signals in state.

As of 05/17/2024, 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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When determining whether Espey Mfg Electronics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Espey Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Espey Mfg Electronics Stock. Highlighted below are key reports to facilitate an investment decision about Espey Mfg Electronics Stock:

How To Invest In Espey

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Is Espey Stock a good investment?

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What is Espey Mfg's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Espey Stock analysis

When running Espey Mfg's price analysis, check to measure Espey Mfg's 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 Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.

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Is Espey Mfg's 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 Espey Mfg. If investors know Espey 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 Espey Mfg 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

0.143

Dividend Share

0.575

Earnings Share

1.92

Revenue Per Share

14.325

Quarterly Revenue Growth

(0.16)

The market value of Espey Mfg Electronics is measured differently than its book value, which is the value of Espey that is recorded on the company's balance sheet. Investors also form their own opinion of Espey Mfg's value that differs from its market value or its book value, called intrinsic value, which is Espey Mfg's 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 Espey Mfg's market value can be influenced by many factors that don't directly affect Espey Mfg's 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 Espey Mfg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Espey Mfg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Espey Mfg's 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.

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Espey Total Assets vs Total Stockholder Equity Analysis

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Assets

Total Stockholder Equity

Espey Mfg fundamental ratios Correlations

Espey Mfg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Espey Mfg fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Espey Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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