Environmental Total Assets vs Cash Analysis

EGL Stock

0.27 0.01 3.57%

Environmental financial indicator trend analysis is much more than just examining The Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Environmental is a good investment. Please check the relationship between Environmental Total Assets and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Environmental 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 board of governors.

Total Assets vs Cash

Total Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Environmental Total Assets account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Environmental's Total Assets and Cash is 0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of The Environmental Group, assuming nothing else is changed. The correlation between historical values of Environmental's Total Assets and Cash 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 The Environmental Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Environmental's Total Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Environmental 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 The Environmental 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.

Cash

Cash refers to the most liquid asset of The Environmental, which is listed under current asset account on The Environmental Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Environmental customers. The amounts must be unrestricted with restricted cash listed in a different Environmental account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The Environmental 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 The Environmental 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 board of governors.

At this time, Environmental's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.5 M in 2024, whereas Discontinued Operations is likely to drop (45.88) in 2024.

	2023	2024 (projected)
Total Revenue	97.9M	102.8M
Research Development	17.3K	16.4K

Total Revenue Research Development

Environmental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Current Liabilities Total	Good Will
Total Assets		0.75	0.88	0.88	0.92	0.92	0.78	-0.52	0.9	0.85	0.81	0.81	0.18	0.79	0.9	0.23	0.93	-0.76	0.88	0.94	0.9	0.46	0.33	0.97	0.82	0.7
Short Long Term Debt Total	0.75		0.78	0.86	0.51	0.86	0.84	-0.14	0.79	0.79	0.6	0.46	-0.16	0.59	0.84	-0.14	0.8	-0.89	0.89	0.85	0.79	0.67	0.04	0.62	0.93	0.87
Other Current Liab	0.88	0.78		0.97	0.65	0.94	0.8	-0.52	0.93	0.93	0.83	0.48	0.17	0.82	0.97	-0.17	0.83	-0.86	0.96	0.94	0.96	0.48	-0.05	0.77	0.85	0.81
Total Current Liabilities	0.88	0.86	0.97		0.64	0.94	0.88	-0.51	0.95	0.96	0.85	0.47	0.0	0.84	0.99	-0.19	0.87	-0.95	1.0	0.95	0.98	0.51	-0.04	0.76	0.91	0.91
Total Stockholder Equity	0.92	0.51	0.65	0.64		0.75	0.56	-0.47	0.71	0.61	0.64	0.94	0.31	0.62	0.68	0.54	0.83	-0.48	0.63	0.76	0.69	0.33	0.56	0.97	0.58	0.41
Property Plant And Equipment Net	0.92	0.86	0.94	0.94	0.75		0.88	-0.38	0.92	0.87	0.74	0.65	0.19	0.73	0.95	-0.04	0.84	-0.88	0.94	0.98	0.92	0.54	0.15	0.84	0.9	0.77
Current Deferred Revenue	0.78	0.84	0.8	0.88	0.56	0.88		-0.33	0.81	0.78	0.69	0.48	-0.01	0.68	0.84	-0.18	0.69	-0.86	0.89	0.86	0.83	0.45	0.06	0.66	0.91	0.78
Net Debt	-0.52	-0.14	-0.52	-0.51	-0.47	-0.38	-0.33		-0.57	-0.62	-0.86	-0.16	-0.31	-0.87	-0.53	0.04	-0.49	0.35	-0.48	-0.45	-0.65	0.13	0.21	-0.56	-0.26	-0.34
Retained Earnings	0.9	0.79	0.93	0.95	0.71	0.92	0.81	-0.57		0.96	0.84	0.52	0.13	0.82	0.97	-0.09	0.91	-0.85	0.94	0.94	0.96	0.36	-0.05	0.82	0.84	0.85
Accounts Payable	0.85	0.79	0.93	0.96	0.61	0.87	0.78	-0.62	0.96		0.89	0.38	0.05	0.88	0.97	-0.22	0.87	-0.89	0.96	0.9	0.98	0.32	-0.18	0.75	0.86	0.9
Cash	0.81	0.6	0.83	0.85	0.64	0.74	0.69	-0.86	0.84	0.89		0.38	0.2	1.0	0.85	-0.11	0.78	-0.72	0.84	0.79	0.92	0.24	-0.14	0.77	0.69	0.7
Non Current Assets Total	0.81	0.46	0.48	0.47	0.94	0.65	0.48	-0.16	0.52	0.38	0.38		0.23	0.36	0.5	0.67	0.7	-0.35	0.48	0.63	0.48	0.42	0.78	0.86	0.5	0.27
Non Currrent Assets Other	0.18	-0.16	0.17	0.0	0.31	0.19	-0.01	-0.31	0.13	0.05	0.2	0.23		0.2	0.08	0.15	0.0	0.2	-0.02	0.15	0.12	-0.2	-0.05	0.33	-0.08	-0.34
Cash And Short Term Investments	0.79	0.59	0.82	0.84	0.62	0.73	0.68	-0.87	0.82	0.88	1.0	0.36	0.2		0.84	-0.12	0.76	-0.71	0.82	0.78	0.91	0.23	-0.16	0.76	0.68	0.69
Net Receivables	0.9	0.84	0.97	0.99	0.68	0.95	0.84	-0.53	0.97	0.97	0.85	0.5	0.08	0.84		-0.17	0.87	-0.93	0.98	0.97	0.99	0.44	-0.04	0.8	0.91	0.88
Common Stock Total Equity	0.23	-0.14	-0.17	-0.19	0.54	-0.04	-0.18	0.04	-0.09	-0.22	-0.11	0.67	0.15	-0.12	-0.17		0.2	0.3	-0.19	-0.05	-0.16	0.11	0.77	0.37	-0.16	-0.3
Common Stock Shares Outstanding	0.93	0.8	0.83	0.87	0.83	0.84	0.69	-0.49	0.91	0.87	0.78	0.7	0.0	0.76	0.87	0.2		-0.77	0.86	0.88	0.87	0.48	0.22	0.88	0.79	0.8
Other Stockholder Equity	-0.76	-0.89	-0.86	-0.95	-0.48	-0.88	-0.86	0.35	-0.85	-0.89	-0.72	-0.35	0.2	-0.71	-0.93	0.3	-0.77		-0.95	-0.9	-0.89	-0.6	0.04	-0.61	-0.91	-0.93
Total Liab	0.88	0.89	0.96	1.0	0.63	0.94	0.89	-0.48	0.94	0.96	0.84	0.48	-0.02	0.82	0.98	-0.19	0.86	-0.95		0.95	0.97	0.51	-0.03	0.76	0.94	0.91
Property Plant And Equipment Gross	0.94	0.85	0.94	0.95	0.76	0.98	0.86	-0.45	0.94	0.9	0.79	0.63	0.15	0.78	0.97	-0.05	0.88	-0.9	0.95		0.95	0.55	0.14	0.86	0.89	0.8
Total Current Assets	0.9	0.79	0.96	0.98	0.69	0.92	0.83	-0.65	0.96	0.98	0.92	0.48	0.12	0.91	0.99	-0.16	0.87	-0.89	0.97	0.95		0.39	-0.07	0.82	0.87	0.86
Short Term Debt	0.46	0.67	0.48	0.51	0.33	0.54	0.45	0.13	0.36	0.32	0.24	0.42	-0.2	0.23	0.44	0.11	0.48	-0.6	0.51	0.55	0.39		0.34	0.36	0.48	0.47
Intangible Assets	0.33	0.04	-0.05	-0.04	0.56	0.15	0.06	0.21	-0.05	-0.18	-0.14	0.78	-0.05	-0.16	-0.04	0.77	0.22	0.04	-0.03	0.14	-0.07	0.34		0.39	0.03	-0.17
Common Stock	0.97	0.62	0.77	0.76	0.97	0.84	0.66	-0.56	0.82	0.75	0.77	0.86	0.33	0.76	0.8	0.37	0.88	-0.61	0.76	0.86	0.82	0.36	0.39		0.7	0.55
Non Current Liabilities Total	0.82	0.93	0.85	0.91	0.58	0.9	0.91	-0.26	0.84	0.86	0.69	0.5	-0.08	0.68	0.91	-0.16	0.79	-0.91	0.94	0.89	0.87	0.48	0.03	0.7		0.88
Good Will	0.7	0.87	0.81	0.91	0.41	0.77	0.78	-0.34	0.85	0.9	0.7	0.27	-0.34	0.69	0.88	-0.3	0.8	-0.93	0.91	0.8	0.86	0.47	-0.17	0.55	0.88

Click cells to compare fundamentals

Environmental Account Relationship Matchups

Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.0M	34.2M	45.1M	66.7M	74.7M	78.5M
Short Long Term Debt Total	5.0M	4.3M	4.3M	4.4M	5.5M	5.8M
Other Current Liab	3.7M	4.0M	5.3M	7.9M	10.4M	10.9M
Total Current Liabilities	13.3M	13.9M	16.3M	25.6M	28.1M	29.5M
Total Stockholder Equity	14.4M	18.0M	25.1M	36.4M	40.9M	43.0M
Property Plant And Equipment Net	3.3M	3.1M	4.0M	5.1M	7.0M	7.3M
Current Deferred Revenue	3.2M	1.7M	756.0K	3.9M	4.1M	4.3M
Net Debt	4.3M	3.6M	2.5M	(5.0M)	(4.6M)	(4.4M)
Retained Earnings	(7.6M)	(6.0M)	(4.5M)	(1.9M)	2.5M	2.6M
Accounts Payable	4.9M	5.5M	8.5M	11.4M	14.5M	15.2M
Cash	764.0K	642.2K	1.7M	9.4M	10.1M	10.7M
Non Current Assets Total	20.3M	21.4M	24.1M	28.8M	30.2M	31.7M
Non Currrent Assets Other	(16.9M)	(13.5M)	(15.1M)	(19.0M)	(1.0)	(1.05)
Cash And Short Term Investments	764.0K	642.2K	1.7M	9.4M	10.1M	10.7M
Net Receivables	9.3M	10.3M	17.4M	22.7M	28.0M	29.4M
Common Stock Shares Outstanding	220.3M	258.1M	296.6M	330.2M	381.5M	400.6M
Liabilities And Stockholders Equity	32.0M	34.2M	45.1M	66.7M	74.7M	78.5M
Other Stockholder Equity	(14.4M)	(17.5M)	(24.4M)	(35.3M)	(31.8M)	(30.2M)
Total Liab	17.7M	16.3M	20.0M	30.3M	33.8M	35.5M
Property Plant And Equipment Gross	3.3M	6.0M	7.4M	10.0M	12.7M	13.4M
Total Current Assets	11.7M	12.9M	21.0M	37.9M	44.5M	46.7M
Accumulated Other Comprehensive Income	149.2K	631.2K	876.0K	1.2M	1.4M	1.3M
Short Term Debt	1.5M	2.8M	1.7M	2.0M	1.9M	965.2K
Intangible Assets	13.6M	14.6M	16.3M	20.3M	1.8M	1.7M
Common Stock	21.8M	23.4M	28.7M	37.1M	42.6M	44.8M
Non Current Liabilities Total	4.5M	2.3M	3.7M	4.7M	5.7M	6.0M
Inventory	1.4M	1.4M	1.5M	5.1M	5.1M	5.4M
Other Current Assets	224.3K	495.4K	383.8K	746.8K	1.2M	1.3M
Other Liab	880.8K	806.5K	1.1M	2.3M	2.7M	2.8M
Other Assets	(1.0)	4.0M	4.3M	3.4M	1.0	0.95
Property Plant Equipment	3.3M	3.1M	4.0M	5.1M	5.8M	6.1M
Net Tangible Assets	789.5K	3.6M	9.4M	16.9M	19.5M	20.4M
Long Term Debt Total	3.6M	1.5M	2.5M	2.4M	2.7M	1.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Environmental Stock Analysis

When running Environmental's price analysis, check to measure Environmental'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 Environmental is operating at the current time. Most of Environmental's value examination focuses on studying past and present price action to predict the probability of Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Environmental's price. Additionally, you may evaluate how the addition of Environmental to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC