Ellsworth Common Stock vs Non Currrent Assets Other Analysis

ECF Stock  USD 9.85  0.13  1.34%   
Ellsworth Convertible financial indicator trend analysis is much more than just examining Ellsworth Convertible latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellsworth Convertible is a good investment. Please check the relationship between Ellsworth Convertible Common Stock and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellsworth Convertible Growth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock vs Non Currrent Assets Other

Common Stock vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellsworth Convertible Common Stock account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ellsworth Convertible's Common Stock and Non Currrent Assets Other is -0.7. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Ellsworth Convertible Growth, assuming nothing else is changed. The correlation between historical values of Ellsworth Convertible's Common Stock and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Ellsworth Convertible Growth are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock i.e., Ellsworth Convertible's Common Stock and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Ellsworth Convertible's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellsworth Convertible 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 Ellsworth Convertible Growth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Ellsworth Convertible's Enterprise Value Multiple is most likely to slightly grow in the upcoming years.
 2021 2022 2023 2024 (projected)
Net Interest Income1.5M4.3M4.9M5.1M
Interest Income1.5M4.3M3.8M3.6M

Ellsworth Convertible fundamental ratios Correlations

0.570.45-0.080.00.080.56-0.45-0.60.080.10.20.40.180.130.21-0.14-0.120.130.930.150.270.320.27-0.050.08
0.570.930.330.69-0.331.0-0.94-0.19-0.330.340.67-0.030.07-0.160.660.26-0.11-0.250.680.70.90.290.550.10.43
0.450.930.280.77-0.280.93-0.94-0.31-0.280.450.56-0.15-0.22-0.080.540.19-0.05-0.170.60.750.830.020.350.280.44
-0.080.330.280.4-1.00.37-0.390.47-1.00.10.210.130.2-0.90.220.61-0.79-0.61-0.140.30.530.240.440.120.17
0.00.690.770.4-0.40.69-0.730.08-0.40.630.42-0.27-0.17-0.10.410.08-0.01-0.070.120.870.77-0.010.280.10.59
0.08-0.33-0.28-1.0-0.4-0.370.39-0.471.0-0.1-0.2-0.13-0.20.9-0.22-0.610.790.610.14-0.3-0.53-0.23-0.44-0.12-0.16
0.561.00.930.370.69-0.37-0.94-0.16-0.370.320.66-0.030.07-0.210.660.29-0.15-0.280.670.690.90.290.560.10.41
-0.45-0.94-0.94-0.39-0.730.39-0.940.180.39-0.33-0.70.09-0.080.22-0.7-0.30.160.29-0.55-0.75-0.9-0.18-0.51-0.23-0.47
-0.6-0.19-0.310.470.08-0.47-0.160.18-0.47-0.080.140.120.36-0.470.160.33-0.18-0.33-0.68-0.070.140.330.50.050.17
0.08-0.33-0.28-1.0-0.41.0-0.370.39-0.47-0.1-0.2-0.13-0.20.9-0.22-0.610.790.610.14-0.3-0.53-0.23-0.44-0.12-0.16
0.10.340.450.10.63-0.10.32-0.33-0.08-0.1-0.080.24-0.360.34-0.09-0.170.160.160.150.60.3-0.230.07-0.070.6
0.20.670.560.210.42-0.20.66-0.70.14-0.2-0.08-0.320.46-0.221.00.270.03-0.270.260.410.730.480.640.20.25
0.4-0.03-0.150.13-0.27-0.13-0.030.090.12-0.130.24-0.320.27-0.01-0.290.05-0.23-0.080.19-0.09-0.060.330.370.040.25
0.180.07-0.220.2-0.17-0.20.07-0.080.36-0.2-0.360.460.27-0.330.490.26-0.24-0.29-0.020.030.230.830.54-0.130.1
0.13-0.16-0.08-0.9-0.10.9-0.210.22-0.470.90.34-0.22-0.01-0.33-0.24-0.650.820.640.19-0.01-0.36-0.3-0.38-0.140.11
0.210.660.540.220.41-0.220.66-0.70.16-0.22-0.091.0-0.290.49-0.240.280.01-0.270.260.410.730.510.660.210.26
-0.140.260.190.610.08-0.610.29-0.30.33-0.61-0.170.270.050.26-0.650.28-0.65-1.0-0.030.180.440.20.390.07-0.2
-0.12-0.11-0.05-0.79-0.010.79-0.150.16-0.180.790.160.03-0.23-0.240.820.01-0.650.66-0.030.03-0.21-0.17-0.24-0.040.32
0.13-0.25-0.17-0.61-0.070.61-0.280.29-0.330.610.16-0.27-0.08-0.290.64-0.27-1.00.660.04-0.18-0.44-0.24-0.38-0.080.19
0.930.680.6-0.140.120.140.67-0.55-0.680.140.150.260.19-0.020.190.26-0.03-0.030.040.220.340.110.23-0.110.02
0.150.70.750.30.87-0.30.69-0.75-0.07-0.30.60.41-0.090.03-0.010.410.180.03-0.180.220.820.210.240.130.7
0.270.90.830.530.77-0.530.9-0.90.14-0.530.30.73-0.060.23-0.360.730.44-0.21-0.440.340.820.430.630.240.54
0.320.290.020.24-0.01-0.230.29-0.180.33-0.23-0.230.480.330.83-0.30.510.2-0.17-0.240.110.210.430.610.130.25
0.270.550.350.440.28-0.440.56-0.510.5-0.440.070.640.370.54-0.380.660.39-0.24-0.380.230.240.630.610.150.35
-0.050.10.280.120.1-0.120.1-0.230.05-0.12-0.070.20.04-0.13-0.140.210.07-0.04-0.08-0.110.130.240.130.150.14
0.080.430.440.170.59-0.160.41-0.470.17-0.160.60.250.250.10.110.26-0.20.320.190.020.70.540.250.350.14
Click cells to compare fundamentals

Ellsworth Convertible Account Relationship Matchups

Ellsworth Convertible fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.6M13.5M13.7M13.7M15.8M11.4M
Total Assets204.0M229.3M182.3M166.4M191.4M120.7M
Total Stockholder Equity203.6M226.7M181.7M123.8M142.4M118.2M
Net Debt(1.2K)(298.0)(65.0K)(43.9K)(39.5K)(41.5K)
Retained Earnings60.2M79.3M6.4M3.7M4.3M6.4M
Cash1.2K298.065.0K43.9K50.5K48.0K
Non Current Assets Total202.6M225.1M181.6M165.4M190.2M116.7M
Non Currrent Assets Other(202.6M)(225.1M)(181.6M)(165.4M)(148.9M)(156.3M)
Other Assets13.0K112.2K130.6K163.5K147.2K139.8K
Cash And Short Term Investments1.2K298.065.0K43.9K50.5K48.0K
Net Receivables1.4M4.1M549.6K804.9K724.4K688.2K
Liabilities And Stockholders Equity204.0M229.3M182.3M166.4M191.4M120.7M
Other Stockholder Equity(30M)117.4M120.0M120.0M138.1M92.4M
Total Current Assets1.4M4.1M549.6K848.9K976.2K927.4K
Common Stock113.4M117.4M120.3M120.0M138.1M145.0M
Net Tangible Assets148.7M173.6M196.7M126.7M145.7M150.7M
Long Term Investments202.6M225.1M181.6M165.4M190.2M167.9M
Capital Surpluse110.6M111.3M113.4M117.4M135.0M124.0M
Capital Stock143.4M147.4M175.3M120.0M138.1M159.1M
Non Current Liabilities Total21.9K2.6M297.2K407.3K468.4K794.2K
Other Current Assets2.0K2.4K1.8K(848.9K)(976.2K)(1.0M)

Currently Active Assets on Macroaxis

When determining whether Ellsworth Convertible is a strong investment it is important to analyze Ellsworth Convertible's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ellsworth Convertible's future performance. For an informed investment choice regarding Ellsworth Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellsworth Convertible Growth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Asset Management & Custody 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 Ellsworth Convertible. If investors know Ellsworth 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 Ellsworth Convertible 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
0.456
Dividend Share
0.52
Earnings Share
0.46
Revenue Per Share
0.432
Quarterly Revenue Growth
0.184
The market value of Ellsworth Convertible is measured differently than its book value, which is the value of Ellsworth that is recorded on the company's balance sheet. Investors also form their own opinion of Ellsworth Convertible's value that differs from its market value or its book value, called intrinsic value, which is Ellsworth Convertible'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 Ellsworth Convertible's market value can be influenced by many factors that don't directly affect Ellsworth Convertible'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 Ellsworth Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellsworth Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellsworth Convertible'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.