Electro Capital Surpluse vs Total Assets Analysis

ELSE Stock  USD 4.22  0.02  0.48%   
Electro Sensors financial indicator trend analysis is much more than just examining Electro Sensors latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electro Sensors is a good investment. Please check the relationship between Electro Sensors Capital Surpluse and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electro Sensors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.

Capital Surpluse vs Total Assets

Capital Surpluse vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electro Sensors Capital Surpluse account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Electro Sensors' Capital Surpluse and Total Assets is 0.57. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Assets in the same time period over historical financial statements of Electro Sensors, assuming nothing else is changed. The correlation between historical values of Electro Sensors' Capital Surpluse and Total 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 Capital Surpluse of Electro Sensors are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Surpluse i.e., Electro Sensors' Capital Surpluse and Total Assets go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Surpluse

Total Assets

Total assets refers to the total amount of Electro Sensors 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 Electro Sensors 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.
Most indicators from Electro Sensors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electro Sensors 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 Electro Sensors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.At present, Electro Sensors' Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit4.7M4.8M4.2M3.8M
Total Revenue8.6M9.0M8.6M6.7M

Electro Sensors fundamental ratios Correlations

0.03-0.020.260.970.84-0.20.840.210.59-0.330.960.270.940.050.8-0.190.940.140.97-0.050.370.00.950.950.08
0.03-0.05-0.12-0.160.430.4-0.41-0.380.09-0.170.18-0.710.270.96-0.39-0.66-0.20.880.010.98-0.6-0.40.050.040.45
-0.02-0.050.21-0.03-0.030.340.03-0.340.160.2-0.05-0.15-0.13-0.020.1-0.3-0.060.09-0.06-0.03-0.19-0.26-0.16-0.160.33
0.26-0.120.210.160.2-0.190.180.260.610.160.08-0.060.28-0.150.070.220.130.290.13-0.070.160.380.240.25-0.17
0.97-0.16-0.030.160.72-0.250.940.240.51-0.290.920.440.85-0.140.9-0.050.99-0.090.96-0.230.490.020.920.910.02
0.840.43-0.030.20.72-0.030.440.040.56-0.390.86-0.220.910.440.42-0.590.640.510.80.34-0.08-0.210.820.810.24
-0.20.40.34-0.19-0.25-0.03-0.23-1.00.230.56-0.19-0.64-0.110.34-0.29-0.31-0.240.28-0.30.43-0.46-0.74-0.32-0.340.95
0.84-0.410.030.180.940.44-0.230.220.49-0.10.740.610.66-0.410.950.230.96-0.350.82-0.450.630.060.760.76-0.03
0.21-0.38-0.340.260.240.04-1.00.22-0.18-0.540.180.60.13-0.330.260.320.22-0.230.29-0.410.440.750.320.34-0.95
0.590.090.160.610.510.560.230.49-0.180.330.39-0.20.640.030.36-0.060.50.310.390.1-0.01-0.340.510.50.31
-0.33-0.170.20.16-0.29-0.390.56-0.1-0.540.33-0.48-0.21-0.33-0.26-0.190.29-0.23-0.16-0.47-0.06-0.1-0.23-0.36-0.370.39
0.960.18-0.050.080.920.86-0.190.740.180.39-0.480.230.920.210.73-0.330.880.220.980.070.310.00.930.920.12
0.27-0.71-0.15-0.060.44-0.22-0.640.610.6-0.2-0.210.230.06-0.660.610.590.51-0.710.37-0.740.730.510.30.32-0.58
0.940.27-0.130.280.850.91-0.110.660.130.64-0.330.920.060.280.57-0.280.820.380.890.170.18-0.090.90.890.16
0.050.96-0.02-0.15-0.140.440.34-0.41-0.330.03-0.260.21-0.660.28-0.36-0.68-0.190.890.050.9-0.53-0.330.060.050.41
0.8-0.390.10.070.90.42-0.290.950.260.36-0.190.730.610.57-0.360.130.91-0.350.82-0.420.620.060.730.72-0.09
-0.19-0.66-0.30.22-0.05-0.59-0.310.230.32-0.060.29-0.330.59-0.28-0.680.130.04-0.61-0.19-0.580.570.52-0.23-0.22-0.44
0.94-0.2-0.060.130.990.64-0.240.960.220.5-0.230.880.510.82-0.190.910.04-0.160.93-0.270.520.010.890.890.01
0.140.880.090.29-0.090.510.28-0.35-0.230.31-0.160.22-0.710.380.89-0.35-0.61-0.160.080.85-0.48-0.210.150.140.34
0.970.01-0.060.130.960.8-0.30.820.290.39-0.470.980.370.890.050.82-0.190.930.08-0.080.430.090.940.940.0
-0.050.98-0.03-0.07-0.230.340.43-0.45-0.410.1-0.060.07-0.740.170.9-0.42-0.58-0.270.85-0.08-0.61-0.39-0.03-0.050.44
0.37-0.6-0.190.160.49-0.08-0.460.630.44-0.01-0.10.310.730.18-0.530.620.570.52-0.480.43-0.610.60.340.35-0.37
0.0-0.4-0.260.380.02-0.21-0.740.060.75-0.34-0.230.00.51-0.09-0.330.060.520.01-0.210.09-0.390.60.060.09-0.71
0.950.05-0.160.240.920.82-0.320.760.320.51-0.360.930.30.90.060.73-0.230.890.150.94-0.030.340.061.0-0.04
0.950.04-0.160.250.910.81-0.340.760.340.5-0.370.920.320.890.050.72-0.220.890.140.94-0.050.350.091.0-0.06
0.080.450.33-0.170.020.240.95-0.03-0.950.310.390.12-0.580.160.41-0.09-0.440.010.340.00.44-0.37-0.71-0.04-0.06
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Electro Sensors Account Relationship Matchups

Electro Sensors fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5M13.3M13.9M14.0M14.4M13.1M
Short Long Term Debt Total24K18K12K6K5.4K5.1K
Other Current Liab431K330K342K322K323K306.9K
Total Current Liabilities565K533K697K630K690K1.3M
Total Stockholder Equity12.9M12.8M13.2M13.4M13.8M11.3M
Property Plant And Equipment Net1.1M989K1.0M975K951K1.2M
Net Debt(8.8M)(1.1M)(6.7M)(7.6M)(9.9M)(9.4M)
Retained Earnings10.5M10.4M10.8M10.9M11.2M8.0M
Cash8.8M1.1M6.7M7.6M9.9M10.4M
Non Current Assets Total1.8M1.5M1.3M1.2M1.3M2.1M
Non Currrent Assets Other192K(1.6M)(1.2M)(1.1M)(949.5K)(902.0K)
Cash And Short Term Investments8.8M9.1M9.8M9.7M9.9M8.2M
Net Receivables1.0M983K1.0M1.2M1.3M815.1K
Liabilities And Stockholders Equity13.5M13.3M13.9M14.0M14.4M13.1M
Non Current Liabilities Total19K12K6K280K27K25.7K
Inventory1.7M1.6M1.7M1.7M1.8M1.2M
Other Stockholder Equity2.0M2.0M2.0M2.2M2.2M1.7M
Total Liab584K545K703K630K690K1.3M
Total Current Assets11.7M11.9M12.6M12.8M13.1M11.0M
Accounts Payable129K197K349K274K291K156.2K
Property Plant And Equipment Gross1.1M1.1M989K2.6M2.7M2.8M
Accumulated Other Comprehensive Income12K32K(1.6M)1K900.0855.0
Short Term Investments45K8.0M3.1M2.0M56K53.2K
Property Plant Equipment1.1M989K1.0M975K877.5K990.5K
Other Assets203K246K208K256K294.4K309.1K
Net Tangible Assets12.4M12.5M13.2M13.4M15.4M12.9M
Retained Earnings Total Equity10.4M10.3M10.5M10.4M12.0M10.1M
Capital Surpluse2.0M2.0M2.0M2.0M2.3M2.0M
Intangible Assets565K489K228K38K43.7K41.5K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electro Sensors is a strong investment it is important to analyze Electro Sensors' 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 Electro Sensors' future performance. For an informed investment choice regarding Electro Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electro Sensors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Electronic Equipment, Instruments & Components 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 Electro Sensors. If investors know Electro 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 Electro Sensors 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
(0.26)
Earnings Share
0.13
Revenue Per Share
2.577
Quarterly Revenue Growth
0.037
Return On Assets
(0)
The market value of Electro Sensors is measured differently than its book value, which is the value of Electro that is recorded on the company's balance sheet. Investors also form their own opinion of Electro Sensors' value that differs from its market value or its book value, called intrinsic value, which is Electro Sensors' 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 Electro Sensors' market value can be influenced by many factors that don't directly affect Electro Sensors' 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 Electro Sensors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electro Sensors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electro Sensors' 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.