Energy Net Debt vs Other Current Assets Analysis

EGY Stock

0.03 0.00 0.00%

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

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Technologies Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Energy Technologies' Net Debt and Other Current Assets is -0.28. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Energy Technologies Limited, assuming nothing else is changed. The correlation between historical values of Energy Technologies' Net Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Energy Technologies Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Energy Technologies' Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Energy Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Technologies 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 Energy Technologies Limited. 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, Energy Technologies' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 4.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	12.5M	15.5M	12.9M	11.6M
Depreciation And Amortization	2.8M	2.5M	1.7M	1.8M

Total Revenue Depreciation And Amortization

Energy Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Inventory	Property Plant And Equipment Gross	Short Term Debt	Other Current Assets
Total Assets		-0.11	0.44	0.68	0.29	-0.38	-0.4	0.99	0.2	-0.4	0.59	0.87	0.44	0.12	-0.46	0.3	0.66	0.6	0.25	0.21	0.83	0.2	0.32	0.81	0.37	-0.05
Other Current Liab	-0.11		0.63	-0.46	0.27	0.15	-0.17	-0.21	-0.41	-0.17	-0.21	-0.38	-0.3	-0.02	-0.05	0.38	0.44	-0.35	0.14	0.24	-0.23	-0.62	0.44	-0.24	0.48	0.54
Total Current Liabilities	0.44	0.63		-0.23	0.63	-0.36	-0.41	0.38	-0.5	-0.41	-0.08	0.21	0.26	0.23	-0.43	0.72	0.63	0.22	0.36	0.56	0.45	-0.54	0.81	0.45	0.87	0.13
Total Stockholder Equity	0.68	-0.46	-0.23		-0.44	0.19	-0.04	0.7	0.53	-0.04	0.68	0.59	-0.04	-0.45	-0.18	-0.47	0.28	0.19	0.04	-0.5	0.36	0.37	-0.32	0.32	-0.33	0.06
Net Debt	0.29	0.27	0.63	-0.44		-0.85	-0.48	0.27	-0.27	-0.48	-0.08	0.4	0.77	0.87	-0.13	0.97	0.36	0.67	0.1	0.97	0.57	-0.08	0.72	0.62	0.84	-0.28
Retained Earnings	-0.38	0.15	-0.36	0.19	-0.85		0.28	-0.38	0.11	0.28	0.07	-0.65	-0.98	-0.82	-0.01	-0.77	-0.23	-0.93	0.09	-0.87	-0.71	-0.09	-0.55	-0.77	-0.68	0.49
Cash	-0.4	-0.17	-0.41	-0.04	-0.48	0.28		-0.37	-0.06	1.0	-0.41	-0.28	-0.23	-0.24	0.11	-0.42	-0.38	-0.26	-0.25	-0.23	-0.36	0.0	-0.57	-0.35	-0.35	-0.22
Non Current Assets Total	0.99	-0.21	0.38	0.7	0.27	-0.38	-0.37		0.23	-0.37	0.59	0.89	0.46	0.13	-0.49	0.26	0.56	0.62	0.27	0.19	0.85	0.28	0.24	0.82	0.32	-0.14
Non Currrent Assets Other	0.2	-0.41	-0.5	0.53	-0.27	0.11	-0.06	0.23		-0.06	0.77	0.26	-0.04	-0.15	0.33	-0.42	-0.06	0.11	-0.39	-0.31	-0.1	0.29	-0.52	-0.1	-0.37	-0.16
Cash And Short Term Investments	-0.4	-0.17	-0.41	-0.04	-0.48	0.28	1.0	-0.37	-0.06		-0.41	-0.28	-0.23	-0.24	0.11	-0.42	-0.38	-0.26	-0.25	-0.23	-0.36	0.0	-0.57	-0.35	-0.35	-0.22
Net Receivables	0.59	-0.21	-0.08	0.68	-0.08	0.07	-0.41	0.59	0.77	-0.41		0.46	0.0	-0.14	-0.07	-0.17	0.36	0.18	-0.01	-0.21	0.21	0.23	-0.21	0.19	-0.1	-0.03
Common Stock Total Equity	0.87	-0.38	0.21	0.59	0.4	-0.65	-0.28	0.89	0.26	-0.28	0.46		0.72	0.35	-0.25	0.34	0.45	0.87	0.12	0.36	0.91	0.3	0.21	0.91	0.35	-0.27
Common Stock Shares Outstanding	0.44	-0.3	0.26	-0.04	0.77	-0.98	-0.23	0.46	-0.04	-0.23	0.0	0.72		0.76	-0.03	0.67	0.2	0.97	-0.13	0.79	0.75	0.22	0.47	0.81	0.6	-0.58
Non Current Liabilities Total	0.12	-0.02	0.23	-0.45	0.87	-0.82	-0.24	0.13	-0.15	-0.24	-0.14	0.35	0.76		-0.05	0.82	0.05	0.66	0.03	0.89	0.48	0.28	0.37	0.53	0.49	-0.42
Other Stockholder Equity	-0.46	-0.05	-0.43	-0.18	-0.13	-0.01	0.11	-0.49	0.33	0.11	-0.07	-0.25	-0.03	-0.05		-0.28	-0.09	-0.03	-0.59	-0.11	-0.5	-0.16	-0.1	-0.45	-0.18	0.15
Total Liab	0.3	0.38	0.72	-0.47	0.97	-0.77	-0.42	0.26	-0.42	-0.42	-0.17	0.34	0.67	0.82	-0.28		0.39	0.57	0.25	0.95	0.58	-0.14	0.72	0.61	0.85	-0.2
Total Current Assets	0.66	0.44	0.63	0.28	0.36	-0.23	-0.38	0.56	-0.06	-0.38	0.36	0.45	0.2	0.05	-0.09	0.39		0.3	0.03	0.28	0.42	-0.31	0.59	0.42	0.58	0.4
Common Stock	0.6	-0.35	0.22	0.19	0.67	-0.93	-0.26	0.62	0.11	-0.26	0.18	0.87	0.97	0.66	-0.03	0.57	0.3		-0.1	0.67	0.83	0.26	0.39	0.88	0.53	-0.49
Accounts Payable	0.25	0.14	0.36	0.04	0.1	0.09	-0.25	0.27	-0.39	-0.25	-0.01	0.12	-0.13	0.03	-0.59	0.25	0.03	-0.1		0.03	0.36	0.01	0.05	0.28	0.08	0.21
Short Long Term Debt Total	0.21	0.24	0.56	-0.5	0.97	-0.87	-0.23	0.19	-0.31	-0.23	-0.21	0.36	0.79	0.89	-0.11	0.95	0.28	0.67	0.03		0.54	-0.09	0.62	0.59	0.82	-0.39
Property Plant And Equipment Net	0.83	-0.23	0.45	0.36	0.57	-0.71	-0.36	0.85	-0.1	-0.36	0.21	0.91	0.75	0.48	-0.5	0.58	0.42	0.83	0.36	0.54		0.27	0.42	0.99	0.51	-0.28
Current Deferred Revenue	0.2	-0.62	-0.54	0.37	-0.08	-0.09	0.0	0.28	0.29	0.0	0.23	0.3	0.22	0.28	-0.16	-0.14	-0.31	0.26	0.01	-0.09	0.27		-0.38	0.26	-0.49	-0.31
Inventory	0.32	0.44	0.81	-0.32	0.72	-0.55	-0.57	0.24	-0.52	-0.57	-0.21	0.21	0.47	0.37	-0.1	0.72	0.59	0.39	0.05	0.62	0.42	-0.38		0.45	0.81	0.12
Property Plant And Equipment Gross	0.81	-0.24	0.45	0.32	0.62	-0.77	-0.35	0.82	-0.1	-0.35	0.19	0.91	0.81	0.53	-0.45	0.61	0.42	0.88	0.28	0.59	0.99	0.26	0.45		0.55	-0.33
Short Term Debt	0.37	0.48	0.87	-0.33	0.84	-0.68	-0.35	0.32	-0.37	-0.35	-0.1	0.35	0.6	0.49	-0.18	0.85	0.58	0.53	0.08	0.82	0.51	-0.49	0.81	0.55		-0.16
Other Current Assets	-0.05	0.54	0.13	0.06	-0.28	0.49	-0.22	-0.14	-0.16	-0.22	-0.03	-0.27	-0.58	-0.42	0.15	-0.2	0.4	-0.49	0.21	-0.39	-0.28	-0.31	0.12	-0.33	-0.16

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Energy Technologies Account Relationship Matchups

Energy Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.8M	31.0M	28.5M	21.3M	20.1M	14.1M
Other Current Liab	846.5K	3.8M	1.5M	2.1M	2.3M	1.8M
Total Current Liabilities	11.9M	12.2M	10.5M	14.2M	10.4M	5.5M
Total Stockholder Equity	13.7M	14.6M	16.4M	4.3M	(3.2M)	(3.0M)
Net Debt	8.5M	11.1M	9.5M	14.3M	20.5M	21.5M
Retained Earnings	(17.4M)	(23.1M)	(31.8M)	(47.2M)	(57.7M)	(54.8M)
Cash	27.7K	123.1K	82.1K	49.4K	66.7K	63.3K
Non Current Assets Total	21.9M	22.0M	19.7M	12.9M	13.0M	7.0M
Non Currrent Assets Other	80.2K	144.5K	376.0	(95.0)	102.1K	96.9K
Cash And Short Term Investments	27.7K	123.1K	82.1K	49.4K	66.7K	63.3K
Net Receivables	4.2M	4.3M	3.2M	2.8M	2.2M	2.2M
Common Stock Shares Outstanding	88.4M	162.7M	243.5M	292.9M	349.0M	366.4M
Liabilities And Stockholders Equity	28.8M	31.0M	28.5M	21.3M	20.1M	14.1M
Non Current Liabilities Total	3.9M	4.8M	2.2M	3.3M	13.5M	14.2M
Other Stockholder Equity	(2.0)	(7.6M)	(8.4M)	(1.0)	281.0	1.05
Total Liab	15.8M	17.0M	12.7M	17.6M	23.9M	25.1M
Total Current Assets	6.9M	8.9M	8.8M	8.4M	7.1M	7.0M
Accumulated Other Comprehensive Income	5.8M	6.2M	6.5M	6.3M	6.5M	6.8M
Common Stock	25.4M	31.5M	41.8M	45.2M	48.1M	50.5M
Accounts Payable	6.3M	1.3M	1.1M	1.1M	1.1M	2.0M
Short Long Term Debt Total	8.5M	11.2M	9.6M	14.3M	20.6M	21.6M
Property Plant And Equipment Net	16.7M	15.3M	13.4M	12.6M	12.8M	13.4M
Current Deferred Revenue	1.0	486.8K	487K	(12.3M)	1.6M	1.7M
Inventory	2.3M	4.0M	5.1M	5.3M	4.8M	3.2M
Property Plant And Equipment Gross	16.7M	16.6M	15.5M	14.8M	14.9M	15.6M
Short Term Debt	4.7M	6.6M	7.4M	11.0M	7.0M	7.4M
Other Current Assets	357.4K	546.2K	405.6K	252.3K	88.8K	84.4K
Other Liab	156.7K	132.0K	22K	25.0K	22.5K	21.4K
Other Assets	444.3K	496.9K	293K	1.0	1.15	1.09
Property Plant Equipment	16.7M	15.3M	13.4M	12.6M	14.5M	15.2M
Long Term Debt	339.0K	2.4M	0.0	1.5M	10.9M	11.4M
Intangible Assets	4.7M	6.2M	6.0M	12.5K	119.1K	113.1K
Net Tangible Assets	9.0M	8.3M	10.4M	4.3M	5.0M	3.5M
Short Long Term Debt	4.2M	5.1M	6.7M	10.2M	6.3M	6.3M
Long Term Debt Total	3.7M	4.6M	2.2M	3.3M	3.0M	2.6M
Long Term Investments	80.2K	144.5K	130.6K	100.7K	102.1K	88.1K
Capital Lease Obligations	3.9M	3.7M	2.8M	2.6M	3.4M	2.5M

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