Ensign Energy Services Stock Cash And Equivalents

ESVIF Stock  USD 2.09  0.01  0.48%   
Ensign Energy Services fundamentals help investors to digest information that contributes to Ensign Energy's financial success or failures. It also enables traders to predict the movement of Ensign Pink Sheet. The fundamental analysis module provides a way to measure Ensign Energy'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 Ensign Energy pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ensign Energy Services Company Cash And Equivalents Analysis

Ensign Energy's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Ensign Energy Cash And Equivalents

    
  38.99 M  
Most of Ensign Energy's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ensign Energy Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Ensign Energy Services has 38.99 M in Cash And Equivalents. This is 98.63% lower than that of the Energy Equipment & Services sector and 92.22% lower than that of the Energy industry. The cash and equivalents for all United States stocks is 98.56% higher than that of the company.

Ensign Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ensign Energy's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ensign Energy could also be used in its relative valuation, which is a method of valuing Ensign Energy by comparing valuation metrics of similar companies.
Ensign Energy is currently under evaluation in cash and equivalents category among its peers.

Ensign Fundamentals

About Ensign Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ensign Energy Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ensign Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ensign Energy Services 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Ensign Pink Sheet

Ensign Energy financial ratios help investors to determine whether Ensign Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ensign with respect to the benefits of owning Ensign Energy security.