Encore Operating Income vs Ebitda Analysis

WIRE Stock

USD 284.89 0.83 0.29%

Encore Wire financial indicator trend analysis is much more than just examining Encore Wire latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Encore Wire is a good investment. Please check the relationship between Encore Wire Operating Income and its Ebitda accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Encore Wire Operating Income account and Ebitda. At this time, the significance of the direction appears to have totally related.

The correlation between Encore Wire's Operating Income and Ebitda is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Encore Wire, assuming nothing else is changed. The correlation between historical values of Encore Wire's Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Encore Wire are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Encore Wire's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Encore Wire operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Encore Wire is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

Most indicators from Encore Wire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Encore Wire 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.At present, Encore Wire's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	867.7M	1.1B	655.9M	688.7M
Total Revenue	2.6B	3.0B	2.6B	2.7B

Gross Profit Total Revenue

Encore Wire fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.56	0.98	0.98	1.0	0.98	-0.97	0.98	0.94	0.98	-0.93	0.97	-0.54	0.93	0.93	0.42	-0.85	0.99	0.97	0.99	0.55	0.97	0.97	0.62	0.52	-0.12
Short Long Term Debt Total	0.56		0.59	0.57	0.55	0.59	-0.41	0.52	0.56	0.59	-0.46	0.63	-0.98	0.59	0.74	0.29	-0.25	0.58	0.5	0.53	1.0	0.41	0.41	0.9	0.98	0.16
Other Current Liab	0.98	0.59		0.98	0.98	0.95	-0.95	0.95	0.94	0.95	-0.88	0.99	-0.57	0.9	0.91	0.4	-0.78	0.98	0.94	0.98	0.58	0.95	0.95	0.64	0.55	-0.08
Total Current Liabilities	0.98	0.57	0.98		0.97	0.97	-0.93	0.95	0.98	0.97	-0.89	0.98	-0.55	0.89	0.9	0.33	-0.81	0.99	0.97	0.97	0.56	0.93	0.93	0.63	0.53	-0.09
Total Stockholder Equity	1.0	0.55	0.98	0.97		0.98	-0.97	0.98	0.94	0.98	-0.93	0.97	-0.54	0.93	0.93	0.43	-0.85	0.99	0.97	0.99	0.55	0.98	0.98	0.62	0.51	-0.13
Property Plant And Equipment Net	0.98	0.59	0.95	0.97	0.98		-0.91	0.98	0.96	1.0	-0.94	0.93	-0.56	0.93	0.95	0.32	-0.87	0.99	0.98	0.95	0.58	0.92	0.92	0.66	0.53	-0.09
Net Debt	-0.97	-0.41	-0.95	-0.93	-0.97	-0.91		-0.94	-0.87	-0.91	0.89	-0.93	0.41	-0.9	-0.85	-0.48	0.82	-0.93	-0.91	-0.98	-0.4	-1.0	-1.0	-0.5	-0.39	0.19
Retained Earnings	0.98	0.52	0.95	0.95	0.98	0.98	-0.94		0.92	0.98	-0.92	0.93	-0.48	0.91	0.93	0.37	-0.92	0.97	0.97	0.97	0.52	0.95	0.95	0.6	0.45	-0.12
Accounts Payable	0.94	0.56	0.94	0.98	0.94	0.96	-0.87	0.92		0.96	-0.87	0.94	-0.55	0.85	0.87	0.25	-0.8	0.98	0.96	0.92	0.56	0.87	0.87	0.63	0.53	-0.08
Non Current Assets Total	0.98	0.59	0.95	0.97	0.98	1.0	-0.91	0.98	0.96		-0.94	0.93	-0.56	0.93	0.95	0.32	-0.87	0.99	0.98	0.95	0.58	0.92	0.92	0.66	0.53	-0.09
Non Currrent Assets Other	-0.93	-0.46	-0.88	-0.89	-0.93	-0.94	0.89	-0.92	-0.87	-0.94		-0.85	0.45	-0.91	-0.88	-0.25	0.82	-0.92	-0.93	-0.9	-0.45	-0.9	-0.9	-0.54	-0.42	0.29
Net Receivables	0.97	0.63	0.99	0.98	0.97	0.93	-0.93	0.93	0.94	0.93	-0.85		-0.61	0.88	0.89	0.42	-0.76	0.97	0.93	0.97	0.62	0.93	0.93	0.67	0.6	-0.1
Common Stock Shares Outstanding	-0.54	-0.98	-0.57	-0.55	-0.54	-0.56	0.41	-0.48	-0.55	-0.56	0.45	-0.61		-0.62	-0.72	-0.36	0.19	-0.57	-0.48	-0.52	-0.98	-0.4	-0.4	-0.92	-0.99	-0.19
Non Current Liabilities Total	0.93	0.59	0.9	0.89	0.93	0.93	-0.9	0.91	0.85	0.93	-0.91	0.88	-0.62		0.92	0.47	-0.76	0.92	0.91	0.91	0.59	0.89	0.89	0.73	0.57	-0.03
Inventory	0.93	0.74	0.91	0.9	0.93	0.95	-0.85	0.93	0.87	0.95	-0.88	0.89	-0.72	0.92		0.42	-0.74	0.92	0.89	0.91	0.74	0.86	0.86	0.77	0.69	0.01
Other Current Assets	0.42	0.29	0.4	0.33	0.43	0.32	-0.48	0.37	0.25	0.32	-0.25	0.42	-0.36	0.47	0.42		-0.23	0.35	0.31	0.46	0.3	0.46	0.46	0.28	0.33	0.35
Other Stockholder Equity	-0.85	-0.25	-0.78	-0.81	-0.85	-0.87	0.82	-0.92	-0.8	-0.87	0.82	-0.76	0.19	-0.76	-0.74	-0.23		-0.83	-0.89	-0.82	-0.25	-0.83	-0.83	-0.4	-0.14	0.14
Total Liab	0.99	0.58	0.98	0.99	0.99	0.99	-0.93	0.97	0.98	0.99	-0.92	0.97	-0.57	0.92	0.92	0.35	-0.83		0.98	0.97	0.58	0.94	0.94	0.65	0.54	-0.08
Property Plant And Equipment Gross	0.97	0.5	0.94	0.97	0.97	0.98	-0.91	0.97	0.96	0.98	-0.93	0.93	-0.48	0.91	0.89	0.31	-0.89	0.98		0.95	0.5	0.92	0.92	0.59	0.45	-0.12
Total Current Assets	0.99	0.53	0.98	0.97	0.99	0.95	-0.98	0.97	0.92	0.95	-0.9	0.97	-0.52	0.91	0.91	0.46	-0.82	0.97	0.95		0.53	0.99	0.99	0.59	0.5	-0.14
Short Term Debt	0.55	1.0	0.58	0.56	0.55	0.58	-0.4	0.52	0.56	0.58	-0.45	0.62	-0.98	0.59	0.74	0.3	-0.25	0.58	0.5	0.53		0.4	0.4	0.9	0.98	0.16
Cash	0.97	0.41	0.95	0.93	0.98	0.92	-1.0	0.95	0.87	0.92	-0.9	0.93	-0.4	0.89	0.86	0.46	-0.83	0.94	0.92	0.99	0.4		1.0	0.49	0.38	-0.19
Cash And Short Term Investments	0.97	0.41	0.95	0.93	0.98	0.92	-1.0	0.95	0.87	0.92	-0.9	0.93	-0.4	0.89	0.86	0.46	-0.83	0.94	0.92	0.99	0.4	1.0		0.49	0.38	-0.19
Common Stock Total Equity	0.62	0.9	0.64	0.63	0.62	0.66	-0.5	0.6	0.63	0.66	-0.54	0.67	-0.92	0.73	0.77	0.28	-0.4	0.65	0.59	0.59	0.9	0.49	0.49		0.89	0.1
Common Stock	0.52	0.98	0.55	0.53	0.51	0.53	-0.39	0.45	0.53	0.53	-0.42	0.6	-0.99	0.57	0.69	0.33	-0.14	0.54	0.45	0.5	0.98	0.38	0.38	0.89		0.15
Other Assets	-0.12	0.16	-0.08	-0.09	-0.13	-0.09	0.19	-0.12	-0.08	-0.09	0.29	-0.1	-0.19	-0.03	0.01	0.35	0.14	-0.08	-0.12	-0.14	0.16	-0.19	-0.19	0.1	0.15

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Encore Wire Account Relationship Matchups

Encore Wire fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	883.2M	966.5M	1.5B	2.0B	2.0B	2.1B
Total Current Liabilities	75.3M	93.6M	154.1M	144.2M	160.1M	168.1M
Total Stockholder Equity	779.1M	837.7M	1.3B	1.8B	1.7B	1.8B
Property Plant And Equipment Net	333.2M	410.8M	494.9M	616.6M	756.9M	794.7M
Net Debt	(231.0M)	(183.1M)	(439.0M)	(730.6M)	(560.6M)	(532.6M)
Retained Earnings	806.9M	881.3M	1.4B	2.1B	2.5B	2.6B
Accounts Payable	40.5M	56.7M	75.4M	62.8M	80.5M	84.6M
Non Current Assets Total	333.9M	411.3M	495.5M	617.1M	757.3M	795.2M
Non Currrent Assets Other	(28.0M)	(34.6M)	(36.8M)	(55.4M)	(59.7M)	(62.7M)
Net Receivables	223.1M	275.8M	491.1M	498.8M	480.1M	504.1M
Common Stock Shares Outstanding	21.0M	20.7M	20.6M	19.4M	17.2M	19.3M
Liabilities And Stockholders Equity	883.2M	966.5M	1.5B	2.0B	2.0B	2.1B
Non Current Liabilities Total	28.8M	35.1M	37.3M	55.9M	60.2M	43.9M
Inventory	89.7M	92.3M	100.8M	153.2M	163.7M	171.9M
Other Current Assets	5.5M	3.9M	4.1M	19.1M	6.2M	5.0M
Other Stockholder Equity	(28.0M)	(43.8M)	(82.3M)	(319.0M)	(761.2M)	(723.1M)
Total Liab	104.1M	128.7M	191.4M	200.1M	220.3M	231.4M
Property Plant And Equipment Gross	333.2M	694.7M	760.1M	897.3M	1.1B	1.1B
Total Current Assets	549.2M	555.1M	1.0B	1.4B	1.2B	1.3B
Cash	231.0M	183.1M	439.0M	730.6M	560.6M	588.7M
Cash And Short Term Investments	231.0M	183.1M	439.0M	730.6M	560.6M	588.7M
Other Assets	737K	553K	570K	490K	563.5K	559.3K
Property Plant Equipment	333.2M	410.8M	494.9M	616.6M	709.1M	744.5M
Other Liab	28.8M	35.1M	37.3M	55.9M	64.3M	67.5M
Net Tangible Assets	779.1M	837.7M	1.3B	1.8B	2.1B	2.2B
Retained Earnings Total Equity	806.9M	881.3M	1.4B	2.1B	2.5B	2.6B
Capital Surpluse	63.0M	67.9M	72.8M	83.6M	96.2M	65.1M
Deferred Long Term Liab	28.8M	35.1M	37.3M	55.9M	64.3M	67.5M
Accumulated Depreciation	(238.5M)	(252.8M)	(266.7M)	(283.9M)	(255.5M)	(268.3M)
Net Invested Capital	779.1M	837.7M	1.3B	1.8B	1.7B	1.2B
Net Working Capital	473.9M	461.5M	881.0M	1.3B	1.1B	777.1M

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When determining whether Encore Wire is a strong investment it is important to analyze Encore Wire's 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 Encore Wire's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:

How To Invest In Encore

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Is Encore Stock a good investment?

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What is Encore Wire's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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

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Is Encore Wire'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 Encore Wire. If investors know Encore 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 Encore Wire 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

(0.40)

Dividend Share

0.08

Earnings Share

19.03

Revenue Per Share

155.987

Quarterly Revenue Growth

(0.04)

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

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

Correlation Coefficient

Operating Income

Ebitda

Encore Wire fundamental ratios Correlations

Encore Wire Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Encore Wire fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock	- 0.99	Common Stock Shares Outstanding
Short Term Debt	- 0.98	Common Stock Shares Outstanding
Total Current Assets	- 0.98	Net Debt
Common Stock Shares Outstanding	- 0.98	Short Long Term Debt Total