Enerflex Total Assets vs Other Stockholder Equity Analysis

EFXT Stock  USD 9.40  0.16  1.73%   
Enerflex financial indicator trend analysis is much more than just examining Enerflex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerflex is a good investment. Please check the relationship between Enerflex Total Assets and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerflex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerflex Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Enerflex's Total Assets and Other Stockholder Equity is 0.17. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Enerflex, assuming nothing else is changed. The correlation between historical values of Enerflex's Total Assets and Other Stockholder Equity 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 Enerflex are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Enerflex's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Enerflex 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 Enerflex 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.

Other Stockholder Equity

Most indicators from Enerflex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerflex 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 Enerflex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.Tax Provision is likely to drop to about 29.6 M in 2024. Selling General Administrative is likely to drop to about 261.1 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense20.3M49.4M119.7M125.7M
Depreciation And Amortization87.6M128.3M201.7M211.7M

Enerflex fundamental ratios Correlations

0.890.410.910.840.970.090.86-0.110.880.160.930.330.270.770.380.830.970.60.810.170.970.820.670.730.93
0.890.650.820.730.85-0.110.99-0.160.80.120.820.140.220.650.340.750.860.510.930.150.860.730.840.720.83
0.410.650.410.360.41-0.620.69-0.170.33-0.220.23-0.56-0.110.49-0.050.680.250.20.640.110.260.190.590.070.48
0.910.820.410.570.810.260.78-0.20.90.210.740.210.340.820.210.760.850.670.820.140.920.860.580.80.79
0.840.730.360.570.89-0.10.710.010.620.130.890.30.190.590.490.750.810.270.590.210.740.590.540.350.87
0.970.850.410.810.89-0.060.830.050.810.060.920.360.160.690.280.820.940.620.770.080.910.730.620.630.95
0.09-0.11-0.620.26-0.1-0.06-0.19-0.180.170.520.150.540.470.060.29-0.250.180.06-0.050.20.280.4-0.260.38-0.1
0.860.990.690.780.710.83-0.19-0.180.76-0.010.80.080.080.620.340.760.830.510.920.20.820.650.850.670.81
-0.11-0.16-0.17-0.20.010.05-0.18-0.18-0.040.12-0.130.270.1-0.17-0.59-0.32-0.070.43-0.16-0.86-0.110.1-0.22-0.14-0.1
0.880.80.330.90.620.810.170.76-0.040.310.740.230.410.840.190.670.850.640.72-0.030.90.910.510.750.79
0.160.12-0.220.210.130.060.52-0.010.120.310.150.340.980.180.07-0.110.21-0.080.1-0.270.270.55-0.020.280.12
0.930.820.230.740.890.920.150.8-0.130.740.150.510.210.540.580.690.970.440.720.290.920.70.640.690.86
0.330.14-0.560.210.30.360.540.080.270.230.340.510.28-0.190.17-0.140.50.350.2-0.090.460.380.010.540.26
0.270.22-0.110.340.190.160.470.080.10.410.980.210.280.320.040.030.280.00.2-0.270.350.620.060.340.23
0.770.650.490.820.590.690.060.62-0.170.840.180.54-0.190.320.180.80.630.420.540.110.690.750.410.390.72
0.380.34-0.050.210.490.280.290.34-0.590.190.070.580.170.040.180.280.44-0.310.150.70.40.150.380.230.24
0.830.750.680.760.750.82-0.250.76-0.320.67-0.110.69-0.140.030.80.280.690.330.70.360.690.50.60.350.88
0.970.860.250.850.810.940.180.83-0.070.850.210.970.50.280.630.440.690.60.770.140.980.810.660.810.87
0.60.510.20.670.270.620.060.510.430.64-0.080.440.350.00.42-0.310.330.60.58-0.380.630.620.310.650.49
0.810.930.640.820.590.77-0.050.92-0.160.720.10.720.20.20.540.150.70.770.580.160.810.690.720.730.78
0.170.150.110.140.210.080.20.2-0.86-0.03-0.270.29-0.09-0.270.110.70.360.14-0.380.160.15-0.120.120.030.17
0.970.860.260.920.740.910.280.82-0.110.90.270.920.460.350.690.40.690.980.630.810.150.870.640.850.85
0.820.730.190.860.590.730.40.650.10.910.550.70.380.620.750.150.50.810.620.69-0.120.870.410.740.7
0.670.840.590.580.540.62-0.260.85-0.220.51-0.020.640.010.060.410.380.60.660.310.720.120.640.410.590.59
0.730.720.070.80.350.630.380.67-0.140.750.280.690.540.340.390.230.350.810.650.730.030.850.740.590.56
0.930.830.480.790.870.95-0.10.81-0.10.790.120.860.260.230.720.240.880.870.490.780.170.850.70.590.56
Click cells to compare fundamentals

Enerflex Account Relationship Matchups

Enerflex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.2B2.2B4.3B3.9B2.5B
Short Long Term Debt Total497.5M451.6M388.4M1.5B1.3B1.4B
Other Current Liab39.4M88.7M148.5M(29.9M)585.9M615.2M
Total Current Liabilities517.5M287.6M355.4M1.1B1.1B596.1M
Total Stockholder Equity1.3B1.4B1.4B1.5B1.4B1.3B
Property Plant And Equipment Net810.9M794.6M756.6M1.5B1.4B697.7M
Current Deferred Revenue143.0M35.4M84.6M366.1M6.3M6.0M
Net Debt401.2M356.0M215.7M1.2B1.2B1.2B
Retained Earnings228.8M301.0M275.0M164.2M40.9M38.8M
Accounts Payable320.9M139.8M183.7M450.6M415.1M284.9M
Cash96.3M95.7M172.8M253.8M95.0M186.3M
Non Current Assets Total1.5B1.6B1.5B2.8B1.9B1.4B
Non Currrent Assets Other198K93.3M112.4M505.8M(167.6M)(159.2M)
Cash And Short Term Investments96.3M95.7M172.8M253.8M140.5M189.6M
Net Receivables574.5M306.9M313.9M525.0M804.4M468.9M
Good Will573.9M576.0M566.3M679.4M431.0M580.9M
Common Stock Shares Outstanding89.1M89.7M89.7M97.0M123.8M94.1M
Liabilities And Stockholders Equity2.4B2.2B2.2B4.3B3.9B2.5B
Non Current Liabilities Total574.2M495.3M482.3M1.6B1.0B566.3M
Inventory269.4M212.3M208.9M411.3M389.4M208.1M
Other Current Assets12.2M9.5M26.6M125.3M99.3M104.3M
Other Stockholder Equity655.1M656.8M658.6M660.1M660.0M686.1M
Total Liab1.1B782.9M837.7M2.7B1.9B1.1B
Total Current Assets952.6M624.3M709.7M1.4B1.1B958.0M
Accumulated Other Comprehensive Income81.8M63.3M44.7M128.8M101.5M68.1M
Short Term Debt14.2M54.7M13.9M67.3M72.1M75.7M
Intangible Assets22.1M16.5M10.1M102.8M55.2M40.2M
Common Stock357.7M366.1M375.5M589.8M591.6M393.0M
Other Assets49.3M141.5M121.7M525.2M963.1M1.0B
Other Liab91.0M98.4M107.8M151.6M174.3M113.8M
Net Tangible Assets745.3M804.1M777.4M760.8M874.9M823.0M
Long Term Debt430.5M349.7M331.4M1.4B1.2B748.3M
Net Invested Capital1.8B1.8B1.7B2.9B2.6B2.3B
Long Term Investments26.2M26.6M27.1M35.0M37.5M31.8M
Non Current Liabilities Other14.7M11.0M15.8M21.8M18.1M17.9M
Net Working Capital435.1M336.8M354.3M307.1M287.1M291.5M
Property Plant Equipment810.9M794.6M756.6M1.5B1.7B983.5M

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Additional Tools for Enerflex Stock Analysis

When running Enerflex's price analysis, check to measure Enerflex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enerflex is operating at the current time. Most of Enerflex's value examination focuses on studying past and present price action to predict the probability of Enerflex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerflex's price. Additionally, you may evaluate how the addition of Enerflex to your portfolios can decrease your overall portfolio volatility.