Enlight Renewable Energy Stock Current Liabilities
ENLT Stock | 16.40 0.26 1.61% |
Enlight Renewable Energy fundamentals help investors to digest information that contributes to Enlight Renewable's financial success or failures. It also enables traders to predict the movement of Enlight Stock. The fundamental analysis module provides a way to measure Enlight Renewable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enlight Renewable stock.
Non Current Liabilities Other is likely to gain to about 101.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 358.4 M in 2024. Enlight | Current Liabilities |
Enlight Renewable Energy Company Current Liabilities Analysis
Enlight Renewable's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Enlight Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Enlight Renewable is extremely important. It helps to project a fair market value of Enlight Stock properly, considering its historical fundamentals such as Current Liabilities. Since Enlight Renewable's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enlight Renewable's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enlight Renewable's interrelated accounts and indicators.
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Enlight Current Liabilities Historical Pattern
Today, most investors in Enlight Renewable Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enlight Renewable's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Enlight Renewable current liabilities as a starting point in their analysis.
Enlight Renewable Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Enlight Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Enlight Renewable Energy has a Current Liabilities of 0.0. This is 100.0% lower than that of the Independent Power and Renewable Electricity Producers sector and 100.0% lower than that of the Utilities industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Enlight Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enlight Renewable's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enlight Renewable could also be used in its relative valuation, which is a method of valuing Enlight Renewable by comparing valuation metrics of similar companies.Enlight Renewable is currently under evaluation in current liabilities category among its peers.
Enlight Renewable Current Valuation Drivers
We derive many important indicators used in calculating different scores of Enlight Renewable from analyzing Enlight Renewable's financial statements. These drivers represent accounts that assess Enlight Renewable's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Enlight Renewable's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 922.2M | 2.7B | 7.2B | 6.8B | 9.0B | 9.4B | |
Enterprise Value | 2.9B | 4.8B | 12.0B | 13.6B | 11.3B | 11.8B |
Enlight Renewable ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Enlight Renewable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Enlight Renewable's managers, analysts, and investors.Environmental | Governance | Social |
Enlight Fundamentals
Return On Equity | 0.0535 | ||||
Return On Asset | 0.017 | ||||
Profit Margin | 0.19 % | ||||
Operating Margin | 0.41 % | ||||
Current Valuation | 4.86 B | ||||
Shares Outstanding | 118.47 M | ||||
Shares Owned By Insiders | 1.38 % | ||||
Shares Owned By Institutions | 74.09 % | ||||
Number Of Shares Shorted | 102.19 K | ||||
Price To Book | 1.58 X | ||||
Price To Sales | 6.32 X | ||||
Revenue | 255.7 M | ||||
Gross Profit | 153.87 M | ||||
EBITDA | 255.01 M | ||||
Net Income | 98.04 M | ||||
Total Debt | 2.7 B | ||||
Book Value Per Share | 9.91 X | ||||
Cash Flow From Operations | 149.62 M | ||||
Short Ratio | 14.14 X | ||||
Earnings Per Share | 0.44 X | ||||
Target Price | 19.4 | ||||
Number Of Employees | 287 | ||||
Beta | 0.68 | ||||
Market Capitalization | 1.94 B | ||||
Total Asset | 4.63 B | ||||
Retained Earnings | 63.71 M | ||||
Working Capital | 81.35 M | ||||
Net Asset | 4.63 B |
About Enlight Renewable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enlight Renewable Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enlight Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enlight Renewable Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Enlight Stock Analysis
When running Enlight Renewable's price analysis, check to measure Enlight Renewable'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 Enlight Renewable is operating at the current time. Most of Enlight Renewable's value examination focuses on studying past and present price action to predict the probability of Enlight Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enlight Renewable's price. Additionally, you may evaluate how the addition of Enlight Renewable to your portfolios can decrease your overall portfolio volatility.