Enova Debt Equity Ratio from 2010 to 2024

ENVA Stock  USD 104.72  2.70  2.65%   
Enova International's Debt Equity Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Debt Equity Ratio is expected to go to 4.00 this year. From 2010 to 2024 Enova International Debt Equity Ratio quarterly data regression line had arithmetic mean of  3.69 and r-squared of  0.44. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
2.39170187
Current Value
4
Quarterly Volatility
2.53946059
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enova International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enova International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.2 M, Interest Expense of 204.5 M or Selling General Administrative of 121.5 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.14 or PTB Ratio of 1.3. Enova financial statements analysis is a perfect complement when working with Enova International Valuation or Volatility modules.
  
Check out the analysis of Enova International Correlation against competitors.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.

Latest Enova International's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Enova International over the last few years. It is Enova International's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enova International's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Enova Debt Equity Ratio Regression Statistics

Arithmetic Mean3.69
Geometric Mean3.06
Coefficient Of Variation68.91
Mean Deviation1.84
Median2.70
Standard Deviation2.54
Sample Variance6.45
Range8.8577
R-Value(0.66)
Mean Square Error3.91
R-Squared0.44
Significance0.01
Slope(0.38)
Total Sum of Squares90.28

Enova Debt Equity Ratio History

2024 4.0
2023 2.39
2022 1.9
2021 1.27
2020 1.03
2018 2.47
2017 2.81

About Enova International Financial Statements

Enova International stakeholders use historical fundamental indicators, such as Enova International's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Enova International investors may analyze each financial statement separately, they are all interrelated. For example, changes in Enova International's assets and liabilities are reflected in the revenues and expenses on Enova International's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Enova International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 2.39  4.00 

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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 Enova International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enova International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enova International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enova International Stock:
Check out the analysis of Enova International Correlation against competitors.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Consumer Finance space 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 Enova International. If investors know Enova 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 Enova International 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
0.217
Earnings Share
6.28
Revenue Per Share
42.107
Quarterly Revenue Growth
0.194
Return On Assets
0.0398
The market value of Enova International is measured differently than its book value, which is the value of Enova that is recorded on the company's balance sheet. Investors also form their own opinion of Enova International's value that differs from its market value or its book value, called intrinsic value, which is Enova International'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 Enova International's market value can be influenced by many factors that don't directly affect Enova International'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 Enova International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enova International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enova International'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.