Enterprise Good Will vs Net Receivables Analysis
EBTC Stock | USD 36.43 0.75 2.10% |
Enterprise Bancorp financial indicator trend analysis is much more than just examining Enterprise Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Bancorp is a good investment. Please check the relationship between Enterprise Bancorp Good Will and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.
Good Will vs Net Receivables
Good Will vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Bancorp Good Will account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Enterprise Bancorp's Good Will and Net Receivables is -0.66. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Enterprise Bancorp, assuming nothing else is changed. The correlation between historical values of Enterprise Bancorp's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Enterprise Bancorp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Enterprise Bancorp's Good Will and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Net Receivables
Most indicators from Enterprise Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Bancorp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.At present, Enterprise Bancorp's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.09, whereas Tax Provision is forecasted to decline to about 12.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.5M | 9.1M | 48.0M | 50.4M | Depreciation And Amortization | 7.8M | 7.0M | 6.2M | 4.6M |
Enterprise Bancorp fundamental ratios Correlations
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Enterprise Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enterprise Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 4.0B | 4.4B | 4.4B | 4.5B | 4.7B | |
Short Long Term Debt Total | 129.1M | 96.1M | 88.1M | 86.8M | 109.7M | 66.9M | |
Other Current Liab | (846K) | 1.7M | 860K | (2.7M) | 2.5B | 2.6B | |
Total Current Liabilities | 846K | 1.9M | 1.5M | 2.0M | 2.5B | 2.6B | |
Total Stockholder Equity | 296.6M | 334.4M | 346.9M | 282.3M | 329.1M | 345.6M | |
Property Plant And Equipment Net | 64.5M | 65.1M | 69.0M | 69.2M | 69.8M | 73.2M | |
Net Debt | 65.4M | (157.7M) | (348.5M) | (180.8M) | 147.2M | 154.5M | |
Retained Earnings | 191.8M | 215.0M | 241.8M | 274.6M | 301.4M | 316.4M | |
Cash | 63.8M | 253.8M | 436.6M | 267.6M | (37.4M) | (35.6M) | |
Non Current Assets Total | 575.4M | 653.9M | 1.0B | 895.2M | 4.4B | 4.6B | |
Non Currrent Assets Other | (19.2M) | (25.4M) | (29.8M) | (52.0M) | 4.2B | 4.5B | |
Other Assets | 2.6B | 3.1B | 3.0B | 3.3B | (4.1B) | (3.9B) | |
Cash And Short Term Investments | 63.8M | 253.8M | 436.6M | 267.6M | (37.4M) | (35.6M) | |
Net Receivables | 12.3M | 16.1M | 13.4M | 17.1M | 19.2M | 20.2M | |
Common Stock Total Equity | 118K | 119K | 120K | 121K | 139.2K | 83.7K | |
Common Stock Shares Outstanding | 11.8M | 11.9M | 12.1M | 12.1M | 12.2M | 10.9M | |
Liabilities And Stockholders Equity | 3.2B | 4.0B | 4.4B | 4.4B | 4.5B | 4.7B | |
Other Stockholder Equity | 94.2M | 97.1M | 100.4M | 103.8M | 107.4M | 54.3M | |
Total Liab | 2.9B | 3.7B | 4.1B | 4.2B | 4.1B | 4.3B | |
Property Plant And Equipment Gross | 64.5M | 65.1M | 69.0M | 69.2M | 136.8M | 143.6M | |
Total Current Assets | 76.1M | 269.9M | 449.9M | 284.7M | 77.4M | 73.5M | |
Accumulated Other Comprehensive Income | 10.5M | 22.2M | 4.7M | (96.2M) | (79.8M) | (75.8M) | |
Short Term Debt | 96.9M | 5.6M | 3.9M | 24.4M | 21.5M | 20.4M | |
Common Stock | 118K | 119K | 120K | 121K | 123K | 85.6K | |
Non Current Liabilities Total | 129.1M | 96.1M | 88.1M | 2.0M | 1.7B | 919.9M | |
Other Current Assets | 76.7M | 272.3M | 450.2M | 285.4M | 77.4M | 73.5M | |
Other Liab | 40.5M | 28.9M | 3.7M | 4.3M | 4.9M | 4.7M | |
Accounts Payable | 846K | 1.9M | 1.5M | 2.0M | 4.7M | 4.4M | |
Long Term Debt | 14.9M | 73.7M | 64.5M | 62.4M | 85.3M | 89.5M | |
Property Plant Equipment | 45.4M | 46.7M | 69.0M | 44.2M | 50.9M | 32.1M | |
Short Term Investments | 455K | 583.0M | 958.2M | 820.4M | (94.0M) | (89.3M) | |
Inventory | (76.7M) | (272.3M) | (450.2M) | (285.4M) | 18.2M | 19.1M | |
Net Tangible Assets | 291.0M | 328.8M | 341.2M | 276.6M | 318.1M | 243.8M | |
Retained Earnings Total Equity | 191.8M | 215.0M | 241.8M | 274.6M | 315.7M | 169.3M | |
Long Term Debt Total | 14.9M | 73.7M | 59.0M | 59.2M | 68.1M | 71.5M | |
Capital Surpluse | 94.2M | 97.1M | 100.4M | 103.8M | 119.4M | 84.8M | |
Long Term Investments | 3.0B | 3.0B | 958.2M | 820.4M | 668.2M | 1.3B | |
Non Current Liabilities Other | 136.0M | 53.0M | 60.2M | 59.1M | 67.9M | 77.8M |
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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 Enterprise Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enterprise Bancorp'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 Enterprise Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enterprise Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Regional Banks 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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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 0.013 | Dividend Share 0.95 | Earnings Share 2.85 | Revenue Per Share 13.295 | Quarterly Revenue Growth 0.039 |
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp'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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp'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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp'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.