Encore Other Assets vs Non Current Assets Total Analysis

ECPG Stock  USD 49.15  1.11  2.31%   
Encore Capital financial indicator trend analysis is much more than just examining Encore Capital Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Encore Capital Group is a good investment. Please check the relationship between Encore Capital Other Assets and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encore Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Other Assets vs Non Current Assets Total

Other Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Encore Capital Group Other Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Encore Capital's Other Assets and Non Current Assets Total is -0.44. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Encore Capital Group, assuming nothing else is changed. The correlation between historical values of Encore Capital's Other Assets and Non Current Assets 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 Other Assets of Encore Capital Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Assets i.e., Encore Capital's Other Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Assets

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Encore Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Encore Capital Group 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 Encore Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Encore Capital's Enterprise Value Multiple is most likely to increase slightly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit928.0M769.7M571.2M404.2M
Total Revenue1.6B1.4B1.2B717.3M

Encore Capital fundamental ratios Correlations

0.86-0.420.430.770.860.980.840.80.880.68-0.190.96-0.050.670.99-0.290.990.660.450.710.040.680.620.360.82
0.86-0.760.490.690.570.890.580.930.910.840.160.840.030.590.88-0.270.880.380.360.69-0.070.670.24-0.010.94
-0.42-0.76-0.25-0.28-0.04-0.52-0.08-0.72-0.54-0.74-0.54-0.42-0.28-0.33-0.470.15-0.460.03-0.28-0.410.23-0.470.290.44-0.69
0.430.49-0.250.350.260.420.270.510.420.350.00.350.30.510.380.020.440.110.410.490.110.450.060.060.53
0.770.69-0.280.350.680.740.860.520.760.710.060.69-0.190.710.71-0.580.70.580.150.66-0.080.630.70.070.54
0.860.57-0.040.260.680.820.890.430.610.28-0.60.78-0.320.460.83-0.280.840.890.210.540.010.470.730.720.53
0.980.89-0.520.420.740.820.820.810.850.69-0.160.92-0.030.60.98-0.330.980.680.440.650.080.620.540.330.81
0.840.58-0.080.270.860.890.820.410.640.47-0.320.75-0.370.560.77-0.60.770.840.120.50.040.460.830.460.43
0.80.93-0.720.510.520.430.810.410.870.810.220.80.30.580.84-0.060.840.160.570.640.120.640.19-0.070.95
0.880.91-0.540.420.760.610.850.640.870.830.130.930.020.630.89-0.290.880.350.420.660.030.640.490.020.89
0.680.84-0.740.350.710.280.690.470.810.830.590.70.130.670.68-0.370.670.070.30.62-0.050.670.24-0.440.74
-0.190.16-0.540.00.06-0.6-0.16-0.320.220.130.59-0.120.30.16-0.18-0.15-0.19-0.65-0.020.03-0.120.15-0.36-0.980.08
0.960.84-0.420.350.690.780.920.750.80.930.7-0.12-0.060.610.96-0.260.960.530.450.640.060.630.60.270.83
-0.050.03-0.280.3-0.19-0.32-0.03-0.370.30.020.130.3-0.060.13-0.010.330.0-0.420.830.070.090.11-0.18-0.290.18
0.670.59-0.330.510.710.460.60.560.580.630.670.160.610.130.62-0.20.630.230.370.91-0.090.930.39-0.050.59
0.990.88-0.470.380.710.830.980.770.840.890.68-0.180.96-0.010.62-0.231.00.620.480.690.050.660.560.350.86
-0.29-0.270.150.02-0.58-0.28-0.33-0.6-0.06-0.29-0.37-0.15-0.260.33-0.2-0.23-0.22-0.380.160.050.250.04-0.470.07-0.03
0.990.88-0.460.440.70.840.980.770.840.880.67-0.190.960.00.631.0-0.220.620.490.70.060.670.550.360.86
0.660.380.030.110.580.890.680.840.160.350.07-0.650.53-0.420.230.62-0.380.620.050.3-0.020.230.640.750.24
0.450.36-0.280.410.150.210.440.120.570.420.3-0.020.450.830.370.480.160.490.050.330.140.320.260.110.5
0.710.69-0.410.490.660.540.650.50.640.660.620.030.640.070.910.690.050.70.30.33-0.140.990.260.070.72
0.04-0.070.230.11-0.080.010.080.040.120.03-0.05-0.120.060.09-0.090.050.250.06-0.020.14-0.14-0.160.230.13-0.07
0.680.67-0.470.450.630.470.620.460.640.640.670.150.630.110.930.660.040.670.230.320.99-0.160.22-0.040.69
0.620.240.290.060.70.730.540.830.190.490.24-0.360.6-0.180.390.56-0.470.550.640.260.260.230.220.470.16
0.36-0.010.440.060.070.720.330.46-0.070.02-0.44-0.980.27-0.29-0.050.350.070.360.750.110.070.13-0.040.470.04
0.820.94-0.690.530.540.530.810.430.950.890.740.080.830.180.590.86-0.030.860.240.50.72-0.070.690.160.04
Click cells to compare fundamentals

Encore Capital Account Relationship Matchups

Encore Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B4.9B4.6B4.5B4.6B4.9B
Short Long Term Debt Total4.8B3.3B3.0B4.0B3.3B1.8B
Other Current Liab(1.2B)(191.9M)34.5M(1.1B)125.9M132.1M
Total Current Liabilities223.9M215.9M229.6M198.2M299.8M150.0M
Total Stockholder Equity1.0B1.2B1.2B1.2B936.5M487.0M
Property Plant And Equipment Net120.1M127.3M119.9M113.9M171.0M179.5M
Net Debt3.3B3.1B2.8B3.8B3.2B3.3B
Retained Earnings888.1M1.1B1.2B1.3B1.0B1.1B
Accounts Payable223.9M192.7M195.1M180.4M173.9M114.8M
Cash192.3M189.2M189.6M143.9M158.4M83.4M
Non Current Assets Total4.7B4.7B4.4B4.4B710.4M674.9M
Non Currrent Assets Other405.3M316.0M283.8M323.0M(3.6B)(3.4B)
Cash And Short Term Investments192.3M189.2M189.6M143.9M158.4M180.8M
Net Receivables45.0M38.8M22.6M16.1M9.1M8.6M
Common Stock Shares Outstanding31.5M31.7M31.2M26.1M23.7M24.8M
Liabilities And Stockholders Equity4.9B4.9B4.6B4.5B4.6B4.9B
Non Current Liabilities Total3.7B3.4B3.2B3.1B3.4B3.6B
Other Stockholder Equity(665.5M)230.4M(1.2B)(1.3B)11.1M11.6M
Total Liab3.9B3.6B3.4B3.3B3.7B3.9B
Property Plant And Equipment Gross195.3M199.5M119.9M339.1M340.1M357.1M
Total Current Assets192.3M189.2M189.6M143.9M209.1M234.4M
Accumulated Other Comprehensive Income(88.8M)(68.8M)(53.5M)(98.8M)(123.9M)(117.7M)
Common Stock Total Equity309K311K313K233K268.0K243.9K
Other Current Assets(237.3M)62.6M46.3M48.6M41.6M43.7M
Common Stock309K311K313K233K235K244.5K
Other Liab44.5M146.9M195.9M111.2M127.9M134.2M
Other Assets184.8M349.2M335.3M341.1M3.7B3.9B
Long Term Debt3.5B2.3B2.1B1.8B2.8B1.5B
Short Term Debt1.2B215.2M880.1M1.1B499.6M600.0M
Property Plant Equipment195.3M127.3M119.9M113.9M131.0M137.5M
Good Will884.2M907.0M897.8M821.2M606.5M532.0M
Intangible Assets51.4M45.0M36.3M22.1M48K45.6K
Inventory(2.5M)42.2M(3.5M)(64.7M)(17.3M)(16.4M)
Net Tangible Assets138.0M310.6M287.5M358.4M412.2M432.8M
Noncontrolling Interest In Consolidated Entity(9.9M)1.7M3.2M2.5M2.2M2.3M
Retained Earnings Total Equity888.1M1.1B1.2B1.3B1.5B1.5B

Currently Active Assets on Macroaxis

When determining whether Encore Capital Group is a strong investment it is important to analyze Encore Capital'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 Encore Capital's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encore Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Consumer Finance 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 Encore Capital. If investors know Encore 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 Encore Capital 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
0.595
Earnings Share
(7.83)
Revenue Per Share
55.731
Quarterly Revenue Growth
0.186
Return On Assets
0.0425
The market value of Encore Capital Group is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Capital's value that differs from its market value or its book value, called intrinsic value, which is Encore Capital'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 Encore Capital's market value can be influenced by many factors that don't directly affect Encore Capital'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 Encore Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Capital'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.