Emeco Cash vs Long Term Debt Analysis

EHL Stock

0.88 0.01 1.15%

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

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emeco Holdings Cash account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Emeco Holdings' Cash and Long Term Debt is 0.11. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Emeco Holdings, assuming nothing else is changed. The correlation between historical values of Emeco Holdings' Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Emeco Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Emeco Holdings' Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Emeco Holdings, which is listed under current asset account on Emeco Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Emeco Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Emeco Holdings 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.

Long Term Debt

Long-term debt is a debt that Emeco Holdings has held for over one year. Long-term debt appears on Emeco Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Emeco Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Emeco Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emeco Holdings 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 Emeco Holdings. 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.

Tax Provision is likely to gain to about 24.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 76 M in 2024.

	2023	2024 (projected)
Depreciation And Amortization	155.2M	113.6M
Minority Interest	1.2M	1.1M

Depreciation And Amortization Minority Interest

Emeco Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		0.18	0.65	0.93	0.32	0.18	0.51	0.37	-0.44	-0.42	0.76	0.16	0.18	-0.44	0.4	-0.36	0.94	0.14	0.93	-0.16	0.84	0.13	0.15	0.45	0.46	0.23
Other Current Liab	0.18		0.65	0.09	0.37	-0.75	0.57	0.27	-0.27	-0.57	0.53	-0.77	-0.1	0.06	0.13	-0.34	0.25	-0.01	0.11	-0.34	-0.2	-0.14	0.07	0.71	0.66	-0.13
Total Current Liabilities	0.65	0.65		0.51	0.14	-0.52	0.81	0.61	-0.23	-0.46	0.83	-0.43	-0.07	-0.33	0.56	-0.34	0.62	0.24	0.52	-0.16	0.37	0.04	0.38	0.87	0.5	0.13
Total Stockholder Equity	0.93	0.09	0.51		0.38	0.28	0.51	0.15	-0.54	-0.58	0.75	0.19	0.17	-0.3	0.07	-0.36	0.96	-0.15	0.95	-0.29	0.84	0.05	-0.07	0.37	0.5	-0.04
Other Liab	0.32	0.37	0.14	0.38		0.16	0.13	-0.18	-0.4	-0.53	0.22	-0.22	0.3	0.39	-0.26	-0.25	0.43	-0.22	0.4	-0.29	0.13	0.13	-0.28	0.02	0.48	-0.28
Retained Earnings	0.18	-0.75	-0.52	0.28	0.16		-0.48	-0.41	0.0	0.21	-0.29	0.87	0.54	-0.07	-0.21	0.4	0.11	-0.24	0.35	0.02	0.53	0.16	-0.17	-0.59	-0.23	-0.1
Accounts Payable	0.51	0.57	0.81	0.51	0.13	-0.48		0.34	-0.29	-0.63	0.89	-0.39	-0.05	-0.37	0.15	-0.24	0.53	-0.14	0.49	-0.41	0.31	0.1	0.15	0.78	0.68	-0.23
Cash	0.37	0.27	0.61	0.15	-0.18	-0.41	0.34		0.12	0.11	0.31	-0.29	-0.19	-0.36	0.71	-0.24	0.2	0.58	0.1	-0.04	0.09	0.09	0.85	0.51	0.0	0.53
Other Assets	-0.44	-0.27	-0.23	-0.54	-0.4	0.0	-0.29	0.12		0.47	-0.5	0.12	0.3	-0.31	0.22	0.68	-0.62	0.04	-0.43	0.0	-0.17	0.12	0.51	-0.02	-0.37	0.02
Long Term Debt	-0.42	-0.57	-0.46	-0.58	-0.53	0.21	-0.63	0.11	0.47		-0.63	0.41	-0.09	-0.09	0.4	0.31	-0.56	0.59	-0.5	0.69	-0.23	0.25	0.3	-0.48	-0.84	0.59
Net Receivables	0.76	0.53	0.83	0.75	0.22	-0.29	0.89	0.31	-0.5	-0.63		-0.19	0.03	-0.41	0.24	-0.35	0.79	-0.07	0.73	-0.32	0.55	0.1	0.07	0.77	0.69	-0.09
Good Will	0.16	-0.77	-0.43	0.19	-0.22	0.87	-0.39	-0.29	0.12	0.41	-0.19		0.52	-0.43	0.03	0.51	0.04	-0.1	0.3	0.13	0.57	0.28	-0.02	-0.43	-0.31	0.07
Inventory	0.18	-0.1	-0.07	0.17	0.3	0.54	-0.05	-0.19	0.3	-0.09	0.03	0.52		-0.43	-0.02	0.71	0.05	-0.4	0.37	-0.45	0.45	0.32	0.2	0.06	0.33	-0.38
Other Current Assets	-0.44	0.06	-0.33	-0.3	0.39	-0.07	-0.37	-0.36	-0.31	-0.09	-0.41	-0.43	-0.43		-0.48	-0.36	-0.22	-0.06	-0.42	0.2	-0.56	-0.39	-0.51	-0.46	-0.2	-0.14
Total Liab	0.4	0.13	0.56	0.07	-0.26	-0.21	0.15	0.71	0.22	0.4	0.24	0.03	-0.02	-0.48		-0.05	0.18	0.8	0.18	0.4	0.28	0.21	0.67	0.37	-0.17	0.77
Intangible Assets	-0.36	-0.34	-0.34	-0.36	-0.25	0.4	-0.24	-0.24	0.68	0.31	-0.35	0.51	0.71	-0.36	-0.05		-0.51	-0.38	-0.15	-0.26	0.1	0.13	0.29	-0.1	-0.14	-0.39
Property Plant Equipment	0.94	0.25	0.62	0.96	0.43	0.11	0.53	0.2	-0.62	-0.56	0.79	0.04	0.05	-0.22	0.18	-0.51		0.01	0.92	-0.14	0.76	0.08	-0.11	0.45	0.48	0.07
Short Long Term Debt Total	0.14	-0.01	0.24	-0.15	-0.22	-0.24	-0.14	0.58	0.04	0.59	-0.07	-0.1	-0.4	-0.06	0.8	-0.38	0.01		-0.14	0.74	-0.1	0.28	0.39	-0.03	-0.44	0.94
Property Plant And Equipment Net	0.93	0.11	0.52	0.95	0.4	0.35	0.49	0.1	-0.43	-0.5	0.73	0.3	0.37	-0.42	0.18	-0.15	0.92	-0.14		-0.27	0.92	0.16	-0.02	0.41	0.51	-0.07
Net Debt	-0.16	-0.34	-0.16	-0.29	-0.29	0.02	-0.41	-0.04	0.0	0.69	-0.32	0.13	-0.45	0.2	0.4	-0.26	-0.14	0.74	-0.27		-0.15	0.21	-0.16	-0.38	-0.71	0.7
Non Current Assets Total	0.84	-0.2	0.37	0.84	0.13	0.53	0.31	0.09	-0.17	-0.23	0.55	0.57	0.45	-0.56	0.28	0.1	0.76	-0.1	0.92	-0.15		0.14	0.11	0.29	0.24	0.02
Non Currrent Assets Other	0.13	-0.14	0.04	0.05	0.13	0.16	0.1	0.09	0.12	0.25	0.1	0.28	0.32	-0.39	0.21	0.13	0.08	0.28	0.16	0.21	0.14		0.19	0.04	0.03	0.13
Cash And Short Term Investments	0.15	0.07	0.38	-0.07	-0.28	-0.17	0.15	0.85	0.51	0.3	0.07	-0.02	0.2	-0.51	0.67	0.29	-0.11	0.39	-0.02	-0.16	0.11	0.19		0.41	-0.09	0.33
Common Stock Total Equity	0.45	0.71	0.87	0.37	0.02	-0.59	0.78	0.51	-0.02	-0.48	0.77	-0.43	0.06	-0.46	0.37	-0.1	0.45	-0.03	0.41	-0.38	0.29	0.04	0.41		0.53	-0.13
Common Stock Shares Outstanding	0.46	0.66	0.5	0.5	0.48	-0.23	0.68	0.0	-0.37	-0.84	0.69	-0.31	0.33	-0.2	-0.17	-0.14	0.48	-0.44	0.51	-0.71	0.24	0.03	-0.09	0.53		-0.45
Non Current Liabilities Total	0.23	-0.13	0.13	-0.04	-0.28	-0.1	-0.23	0.53	0.02	0.59	-0.09	0.07	-0.38	-0.14	0.77	-0.39	0.07	0.94	-0.07	0.7	0.02	0.13	0.33	-0.13	-0.45

Click cells to compare fundamentals

Emeco Holdings Account Relationship Matchups

Emeco Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.1B	1.0B	1.1B	1.2B	1.0B
Other Current Liab	64.0M	76.1M	75.1M	82.1M	102.9M	108.1M
Total Current Liabilities	233.7M	147.7M	165.4M	186.5M	195.8M	108.7M
Total Stockholder Equity	357.2M	531.4M	567.2M	589.4M	637.2M	347.5M
Other Liab	581K	655K	2.8M	13.5M	15.6M	16.4M
Retained Earnings	(668.4M)	(647.7M)	(596.2M)	(553.3M)	(507.2M)	(481.8M)
Accounts Payable	46.8M	45.8M	75.4M	80.7M	39.3M	31.4M
Cash	198.2M	74.7M	60.2M	46.7M	78.3M	51.6M
Other Assets	32.6M	24.5M	0.0	4.7M	5.4M	5.1M
Long Term Debt	460.5M	250.4M	245.5M	246.6M	249.5M	298.3M
Net Receivables	113.8M	124.7M	160.2M	170.0M	143.8M	100.1M
Inventory	14.8M	19.2M	23.5M	23.4M	41.6M	42.3M
Other Current Assets	6.5M	10.0M	15.1M	17.7M	30.3M	25.6M
Total Liab	805.6M	529.0M	454.3M	499.0M	537.5M	543.3M
Intangible Assets	10.3M	10.3M	11.0M	9.7M	749K	711.6K
Property Plant Equipment	673.3M	702.1M	759.0M	828.2M	952.4M	636.8M
Short Long Term Debt Total	620.0M	299.2M	301.1M	322.6M	358.7M	418.2M
Property Plant And Equipment Net	673.3M	702.1M	759.0M	828.2M	867.3M	680.8M
Net Debt	421.8M	224.5M	240.9M	276.0M	280.5M	264.9M
Non Current Assets Total	829.7M	831.7M	770.0M	842.5M	880.8M	581.0M
Non Currrent Assets Other	(23.2M)	(8.0M)	(712.4M)	(3.3M)	4.7M	4.9M
Cash And Short Term Investments	198.2M	74.7M	60.2M	46.7M	78.3M	61.5M
Liabilities And Stockholders Equity	1.2B	1.1B	1.0B	1.1B	1.2B	761.8M
Non Current Liabilities Total	571.9M	381.3M	288.9M	312.4M	341.7M	425.9M
Property Plant And Equipment Gross	673.3M	1.3B	1.5B	1.7B	1.8B	1.9B
Total Current Assets	333.2M	228.6M	251.6M	245.9M	294.0M	240.5M
Accumulated Other Comprehensive Income	1.2M	7.6M	7.6M	(6.5M)	(4.4M)	(4.7M)
Short Term Debt	123.0M	25.8M	15.0M	23.7M	53.6M	56.2M
Common Stock	1.0B	1.2B	1.2B	1.1B	1.1B	894.0M
Current Deferred Revenue	(4.0M)	64.0M	6.7M	7.5M	6.7M	6.4M
Other Stockholder Equity	(75.9M)	(35.1M)	(1.0)	(32.8M)	(1.15)	(1.21)
Net Tangible Assets	347.0M	521.1M	556.3M	579.8M	666.8M	700.1M
Short Long Term Debt	97M	497K	964K	2.3M	32.9M	31.3M
Long Term Debt Total	497.0M	285.8M	286.1M	298.9M	269.0M	311.6M

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 Emeco Stock Analysis

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