Encore Revenue Per Employee vs Average Equity Analysis

WIRE Stock  USD 253.19  4.14  1.66%   
Trend analysis of Encore Wire balance sheet accounts such as Total Assets of 2.1 B, Short Long Term Debt Total of 121.3 M, Other Current Liabilities of 83.6 M or Total Current Liabilities of 168.1 M provides information on Encore Wire's total assets, liabilities, and equity, which is the actual value of Encore Wire to its prevalent stockholders. By breaking down trends over time using Encore Wire 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 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.

About Encore Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Encore Wire at a specified time, usually calculated after every quarter, six months, or one year. Encore Wire Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Encore Wire 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 Encore currently owns. An asset can also be divided into two categories, current and non-current.

Encore Wire Balance Sheet Chart

Encore Wire 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 Encore Wire uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Encore Wire's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 83.6 M, whereas Non Currrent Assets Other are forecasted to decline to (62.7 M).

Total Assets

Total assets refers to the total amount of Encore Wire 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 Encore Wire 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 Encore Wire balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Encore Wire 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 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.The current year's Selling General Administrative is expected to grow to about 213.3 M, whereas Tax Provision is forecasted to decline to about 75.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit867.7M1.1B655.9M688.7M
Total Revenue2.6B3.0B2.6B2.7B

Encore Wire fundamental ratios Correlations

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Click cells to compare fundamentals

Encore Wire Account Relationship Matchups

Encore Wire fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets883.2M966.5M1.5B2.0B2.0B2.1B
Total Current Liabilities75.3M93.6M154.1M144.2M160.1M168.1M
Total Stockholder Equity779.1M837.7M1.3B1.8B1.7B1.8B
Property Plant And Equipment Net333.2M410.8M494.9M616.6M756.9M794.7M
Net Debt(231.0M)(183.1M)(439.0M)(730.6M)(560.6M)(532.6M)
Retained Earnings806.9M881.3M1.4B2.1B2.5B2.6B
Accounts Payable40.5M56.7M75.4M62.8M80.5M84.6M
Non Current Assets Total333.9M411.3M495.5M617.1M757.3M795.2M
Non Currrent Assets Other(28.0M)(34.6M)(36.8M)(55.4M)(59.7M)(62.7M)
Net Receivables223.1M275.8M491.1M498.8M480.1M504.1M
Common Stock Shares Outstanding21.0M20.7M20.6M19.4M17.2M19.3M
Liabilities And Stockholders Equity883.2M966.5M1.5B2.0B2.0B2.1B
Non Current Liabilities Total28.8M35.1M37.3M55.9M60.2M43.9M
Inventory89.7M92.3M100.8M153.2M163.7M171.9M
Other Current Assets5.5M3.9M4.1M19.1M6.2M5.0M
Other Stockholder Equity(28.0M)(43.8M)(82.3M)(319.0M)(761.2M)(723.1M)
Total Liab104.1M128.7M191.4M200.1M220.3M231.4M
Property Plant And Equipment Gross333.2M694.7M760.1M897.3M1.1B1.1B
Total Current Assets549.2M555.1M1.0B1.4B1.2B1.3B
Cash231.0M183.1M439.0M730.6M560.6M588.7M
Cash And Short Term Investments231.0M183.1M439.0M730.6M560.6M588.7M
Other Assets737K553K570K490K563.5K559.3K
Property Plant Equipment333.2M410.8M494.9M616.6M709.1M744.5M
Other Liab28.8M35.1M37.3M55.9M64.3M67.5M
Net Tangible Assets779.1M837.7M1.3B1.8B2.1B2.2B
Retained Earnings Total Equity806.9M881.3M1.4B2.1B2.5B2.6B
Capital Surpluse63.0M67.9M72.8M83.6M96.2M65.1M
Deferred Long Term Liab28.8M35.1M37.3M55.9M64.3M67.5M
Accumulated Depreciation(238.5M)(252.8M)(266.7M)(283.9M)(255.5M)(268.3M)
Net Invested Capital779.1M837.7M1.3B1.8B1.7B1.2B
Net Working Capital473.9M461.5M881.0M1.3B1.1B777.1M

Encore Wire Investors Sentiment

The influence of Encore Wire's 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 Encore. 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 Encore Wire's public news can be used to forecast risks associated with an investment in Encore. The trend in average sentiment can be used to explain how an investor holding Encore can time the market purely based on public headlines and social activities around Encore Wire. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Encore Wire's 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 Encore Wire's 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 Encore Wire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Encore Wire.
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 Encore Wire 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, Encore Wire's short interest history, or implied volatility extrapolated from Encore Wire options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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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
(0.50)
Dividend Share
0.08
Earnings Share
21.62
Revenue Per Share
152.179
Quarterly Revenue Growth
(0.09)
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.