Enerflex Net Tangible Assets from 2010 to 2024

EFXT Stock  USD 9.24  0.20  2.21%   
Enerflex Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 823 M in 2024. Net Tangible Assets is the total assets of Enerflex minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
874.9 M
Current Value
823 M
Quarterly Volatility
78.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enerflex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enerflex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 211.7 M, Interest Expense of 125.7 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0266 or PTB Ratio of 1.02. Enerflex financial statements analysis is a perfect complement when working with Enerflex Valuation or Volatility modules.
  
Check out the analysis of Enerflex Correlation against competitors.
For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.

Latest Enerflex's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Enerflex over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Enerflex's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enerflex's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Enerflex Net Tangible Assets Regression Statistics

Arithmetic Mean711,039,355
Geometric Mean707,207,315
Coefficient Of Variation11.02
Mean Deviation69,218,826
Median653,357,000
Standard Deviation78,388,637
Sample Variance6144.8T
Range221.5M
R-Value0.85
Mean Square Error1804.3T
R-Squared0.73
Significance0.000053
Slope14,948,891
Total Sum of Squares86026.9T

Enerflex Net Tangible Assets History

2024823 M
2023874.9 M
2022760.8 M
2021777.4 M
2020804.1 M
2019745.3 M

About Enerflex Financial Statements

Enerflex shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Enerflex investors may analyze each financial statement separately, they are all interrelated. The changes in Enerflex's assets and liabilities, for example, are also reflected in the revenues and expenses on on Enerflex's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets874.9 M823 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Enerflex Stock Analysis

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