Electro Other Current Assets vs Total Liab 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 Other Current Assets and its Total Liab 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.
Other Current Assets vs Total Liab
Other Current Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electro Sensors Other Current Assets account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Electro Sensors' Other Current Assets and Total Liab is -0.61. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Liab 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' Other Current Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Electro Sensors are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Assets i.e., Electro Sensors' Other Current Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 Profit | 4.7M | 4.8M | 4.2M | 3.8M | Total Revenue | 8.6M | 9.0M | 8.6M | 6.7M |
Electro Sensors fundamental ratios Correlations
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Electro Sensors Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Electro Sensors fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.5M | 13.3M | 13.9M | 14.0M | 14.4M | 13.1M | |
Short Long Term Debt Total | 24K | 18K | 12K | 6K | 5.4K | 5.1K | |
Other Current Liab | 431K | 330K | 342K | 322K | 323K | 306.9K | |
Total Current Liabilities | 565K | 533K | 697K | 630K | 690K | 1.3M | |
Total Stockholder Equity | 12.9M | 12.8M | 13.2M | 13.4M | 13.8M | 11.3M | |
Property Plant And Equipment Net | 1.1M | 989K | 1.0M | 975K | 951K | 1.2M | |
Net Debt | (8.8M) | (1.1M) | (6.7M) | (7.6M) | (9.9M) | (9.4M) | |
Retained Earnings | 10.5M | 10.4M | 10.8M | 10.9M | 11.2M | 8.0M | |
Cash | 8.8M | 1.1M | 6.7M | 7.6M | 9.9M | 10.4M | |
Non Current Assets Total | 1.8M | 1.5M | 1.3M | 1.2M | 1.3M | 2.1M | |
Non Currrent Assets Other | 192K | (1.6M) | (1.2M) | (1.1M) | (949.5K) | (902.0K) | |
Cash And Short Term Investments | 8.8M | 9.1M | 9.8M | 9.7M | 9.9M | 8.2M | |
Net Receivables | 1.0M | 983K | 1.0M | 1.2M | 1.3M | 815.1K | |
Liabilities And Stockholders Equity | 13.5M | 13.3M | 13.9M | 14.0M | 14.4M | 13.1M | |
Non Current Liabilities Total | 19K | 12K | 6K | 280K | 27K | 25.7K | |
Inventory | 1.7M | 1.6M | 1.7M | 1.7M | 1.8M | 1.2M | |
Other Stockholder Equity | 2.0M | 2.0M | 2.0M | 2.2M | 2.2M | 1.7M | |
Total Liab | 584K | 545K | 703K | 630K | 690K | 1.3M | |
Total Current Assets | 11.7M | 11.9M | 12.6M | 12.8M | 13.1M | 11.0M | |
Accounts Payable | 129K | 197K | 349K | 274K | 291K | 156.2K | |
Property Plant And Equipment Gross | 1.1M | 1.1M | 989K | 2.6M | 2.7M | 2.8M | |
Accumulated Other Comprehensive Income | 12K | 32K | (1.6M) | 1K | 900.0 | 855.0 | |
Short Term Investments | 45K | 8.0M | 3.1M | 2.0M | 56K | 53.2K | |
Property Plant Equipment | 1.1M | 989K | 1.0M | 975K | 877.5K | 990.5K | |
Other Assets | 203K | 246K | 208K | 256K | 294.4K | 309.1K | |
Net Tangible Assets | 12.4M | 12.5M | 13.2M | 13.4M | 15.4M | 12.9M | |
Retained Earnings Total Equity | 10.4M | 10.3M | 10.5M | 10.4M | 12.0M | 10.1M | |
Capital Surpluse | 2.0M | 2.0M | 2.0M | 2.0M | 2.3M | 2.0M | |
Intangible Assets | 565K | 489K | 228K | 38K | 43.7K | 41.5K |
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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.