Electro Total Operating Expenses vs Ebit Analysis

ELSE Stock  USD 5.40  0.03  0.56%   
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 Total Operating Expenses and its Ebit 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.

Total Operating Expenses vs Ebit

Total Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electro Sensors Total Operating Expenses account and Ebit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Electro Sensors' Total Operating Expenses and Ebit is -0.51. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebit 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' Total Operating Expenses and Ebit 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 Operating Expenses of Electro Sensors are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Operating Expenses i.e., Electro Sensors' Total Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Ebit

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.The current year's Sales General And Administrative To Revenue is expected to grow to 0.33, whereas Selling General Administrative is forecasted to decline to about 1.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit4.8M4.2M4.9M3.8M
Total Revenue9.0M8.6M9.8M6.7M

Electro Sensors fundamental ratios Correlations

-0.03-0.090.30.980.8-0.310.870.330.53-0.350.970.430.93-0.020.83-0.170.950.060.98-0.110.440.10.970.97-0.06
-0.030.0-0.15-0.210.410.43-0.44-0.420.1-0.140.1-0.660.130.96-0.42-0.63-0.260.94-0.060.98-0.64-0.360.050.030.47
-0.090.00.11-0.1-0.060.4-0.04-0.420.150.22-0.12-0.24-0.220.040.01-0.27-0.130.18-0.140.03-0.35-0.22-0.2-0.210.4
0.3-0.150.110.210.21-0.190.220.350.590.140.130.040.32-0.170.120.130.170.050.18-0.10.510.040.280.29-0.21
0.98-0.21-0.10.210.68-0.360.950.350.45-0.310.930.570.87-0.20.92-0.040.99-0.140.97-0.280.50.170.920.93-0.12
0.80.41-0.060.210.68-0.030.430.080.56-0.390.83-0.130.80.420.4-0.610.610.430.740.320.05-0.310.880.870.21
-0.310.430.4-0.19-0.36-0.03-0.35-0.980.260.58-0.3-0.7-0.270.37-0.41-0.25-0.360.43-0.410.46-0.66-0.63-0.29-0.310.95
0.87-0.44-0.040.220.950.43-0.350.330.43-0.140.770.690.72-0.450.960.230.97-0.340.85-0.480.560.260.770.77-0.17
0.33-0.42-0.420.350.350.08-0.980.33-0.16-0.520.30.660.34-0.370.370.220.34-0.410.4-0.440.710.570.330.36-0.94
0.530.10.150.590.450.560.260.43-0.160.330.34-0.190.510.040.3-0.090.440.240.330.110.07-0.50.540.530.31
-0.35-0.140.220.14-0.31-0.390.58-0.14-0.520.33-0.49-0.24-0.33-0.22-0.220.3-0.26-0.1-0.47-0.03-0.18-0.24-0.36-0.370.41
0.970.1-0.120.130.930.83-0.30.770.30.34-0.490.390.910.130.77-0.30.90.150.980.00.350.150.940.94-0.02
0.43-0.66-0.240.040.57-0.13-0.70.690.66-0.19-0.240.390.38-0.620.70.480.62-0.620.53-0.680.660.680.330.35-0.65
0.930.13-0.220.320.870.8-0.270.720.340.51-0.330.910.380.140.67-0.240.850.190.90.040.370.050.950.95-0.07
-0.020.960.04-0.17-0.20.420.37-0.45-0.370.04-0.220.13-0.620.14-0.4-0.65-0.250.95-0.030.91-0.58-0.290.050.040.44
0.83-0.420.010.120.920.4-0.410.960.370.3-0.220.770.70.67-0.40.150.93-0.320.85-0.450.520.320.730.74-0.23
-0.17-0.63-0.270.13-0.04-0.61-0.250.230.22-0.090.3-0.30.48-0.24-0.650.150.05-0.59-0.17-0.550.450.52-0.3-0.29-0.37
0.95-0.26-0.130.170.990.61-0.360.970.340.44-0.260.90.620.85-0.250.930.05-0.190.94-0.320.490.20.890.89-0.13
0.060.940.180.05-0.140.430.43-0.34-0.410.24-0.10.15-0.620.190.95-0.32-0.59-0.190.00.91-0.52-0.30.090.070.49
0.98-0.06-0.140.180.970.74-0.410.850.40.33-0.470.980.530.9-0.030.85-0.170.940.0-0.150.470.240.940.94-0.15
-0.110.980.03-0.1-0.280.320.46-0.48-0.440.11-0.030.0-0.680.040.91-0.45-0.55-0.320.91-0.15-0.65-0.35-0.04-0.050.47
0.44-0.64-0.350.510.50.05-0.660.560.710.07-0.180.350.660.37-0.580.520.450.49-0.520.47-0.650.610.390.41-0.6
0.1-0.36-0.220.040.17-0.31-0.630.260.57-0.5-0.240.150.680.05-0.290.320.520.2-0.30.24-0.350.61-0.04-0.01-0.6
0.970.05-0.20.280.920.88-0.290.770.330.54-0.360.940.330.950.050.73-0.30.890.090.94-0.040.39-0.041.0-0.05
0.970.03-0.210.290.930.87-0.310.770.360.53-0.370.940.350.950.040.74-0.290.890.070.94-0.050.41-0.011.0-0.07
-0.060.470.4-0.21-0.120.210.95-0.17-0.940.310.41-0.02-0.65-0.070.44-0.23-0.37-0.130.49-0.150.47-0.6-0.6-0.05-0.07
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Electro Sensors Account Relationship Matchups

Electro Sensors fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.3M13.9M14.0M14.4M16.6M13.1M
Short Long Term Debt Total24K18K12K6K5.4K5.1K
Other Current Liab330K342K322K323K290.7K276.2K
Total Current Liabilities533K697K630K690K793.5K1.3M
Total Stockholder Equity12.8M13.2M13.4M13.8M15.8M11.3M
Property Plant And Equipment Net989K1.0M975K951K1.1M1.2M
Net Debt(1.1M)(6.7M)(7.6M)(9.9M)(8.9M)(8.4M)
Retained Earnings10.4M10.8M10.9M11.2M12.9M8.0M
Cash1.1M6.7M7.6M9.9M11.4M11.9M
Non Current Assets Total1.5M1.3M1.2M1.3M1.5M2.1M
Non Currrent Assets Other192K(1.6M)(1.2M)(1.1M)(949.5K)(902.0K)
Cash And Short Term Investments9.1M9.8M9.7M9.9M11.4M8.2M
Net Receivables983K1.0M1.2M1.3M1.5M815.1K
Liabilities And Stockholders Equity13.3M13.9M14.0M14.4M16.6M13.1M
Non Current Liabilities Total12K6K280K27K24.3K23.1K
Inventory1.6M1.7M1.7M1.8M2.0M1.2M
Other Stockholder Equity2.0M2.0M2.2M2.2M2.6M1.7M
Total Liab545K703K630K690K621K590.0K
Total Current Assets11.9M12.6M12.8M13.1M15.1M11.0M
Accounts Payable197K349K274K291K334.7K351.4K
Property Plant And Equipment Gross1.1M989K2.6M2.7M2.4M1.2M
Short Term Investments8.0M3.1M2.0M56K50.4K47.9K
Property Plant Equipment1.1M989K1.0M975K877.5K990.5K
Other Assets203K246K208K256K294.4K309.1K
Net Tangible Assets12.4M12.5M13.2M13.4M15.4M12.9M
Intangible Assets565K489K228K38K43.7K41.5K

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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.