Ellsworth Total Assets vs Non Current Liabilities Total Analysis
ECF Stock | USD 9.72 0.08 0.82% |
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 Total Assets and its Non Current Liabilities Total 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.
Total Assets vs Non Current Liabilities Total
Total Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellsworth Convertible Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ellsworth Convertible's Total Assets and Non Current Liabilities Total is 0.43. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ellsworth Convertible Growth are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Ellsworth Convertible's Total Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Ellsworth Convertible assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ellsworth Convertible books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Current Liabilities Total
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 Income | 1.5M | 4.3M | 4.9M | 5.1M | Interest Income | 1.5M | 4.3M | 3.8M | 3.6M |
Ellsworth Convertible fundamental ratios Correlations
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Ellsworth Convertible Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ellsworth Convertible fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 12.6M | 13.5M | 13.7M | 13.7M | 15.8M | 11.4M | |
Total Assets | 204.0M | 229.3M | 182.3M | 166.4M | 191.4M | 120.7M | |
Total Stockholder Equity | 203.6M | 226.7M | 181.7M | 123.8M | 142.4M | 118.2M | |
Net Debt | (1.2K) | (298.0) | (65.0K) | (43.9K) | (39.5K) | (41.5K) | |
Retained Earnings | 60.2M | 79.3M | 6.4M | 3.7M | 4.3M | 6.4M | |
Cash | 1.2K | 298.0 | 65.0K | 43.9K | 50.5K | 48.0K | |
Non Current Assets Total | 202.6M | 225.1M | 181.6M | 165.4M | 190.2M | 116.7M | |
Non Currrent Assets Other | (202.6M) | (225.1M) | (181.6M) | (165.4M) | (148.9M) | (156.3M) | |
Other Assets | 13.0K | 112.2K | 130.6K | 163.5K | 147.2K | 139.8K | |
Cash And Short Term Investments | 1.2K | 298.0 | 65.0K | 43.9K | 50.5K | 48.0K | |
Net Receivables | 1.4M | 4.1M | 549.6K | 804.9K | 724.4K | 688.2K | |
Liabilities And Stockholders Equity | 204.0M | 229.3M | 182.3M | 166.4M | 191.4M | 120.7M | |
Other Stockholder Equity | (30M) | 117.4M | 120.0M | 120.0M | 138.1M | 92.4M | |
Total Current Assets | 1.4M | 4.1M | 549.6K | 848.9K | 976.2K | 927.4K | |
Common Stock | 113.4M | 117.4M | 120.3M | 120.0M | 138.1M | 145.0M | |
Net Tangible Assets | 148.7M | 173.6M | 196.7M | 126.7M | 145.7M | 150.7M | |
Long Term Investments | 202.6M | 225.1M | 181.6M | 165.4M | 190.2M | 167.9M | |
Capital Surpluse | 110.6M | 111.3M | 113.4M | 117.4M | 135.0M | 124.0M | |
Capital Stock | 143.4M | 147.4M | 175.3M | 120.0M | 138.1M | 159.1M | |
Non Current Liabilities Total | 21.9K | 2.6M | 297.2K | 407.3K | 468.4K | 794.2K | |
Other Current Assets | 2.0K | 2.4K | 1.8K | (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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.