EMCOR Other Current Assets vs Common Stock Shares Outstanding Analysis

EME Stock  USD 526.95  11.13  2.16%   
EMCOR financial indicator trend analysis is much more than just examining EMCOR Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EMCOR Group is a good investment. Please check the relationship between EMCOR Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMCOR Group Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between EMCOR's Other Current Assets and Common Stock Shares Outstanding is 0.1. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of EMCOR Group, assuming nothing else is changed. The correlation between historical values of EMCOR's Other Current Assets and Common Stock Shares Outstanding 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 EMCOR Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., EMCOR's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from EMCOR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EMCOR Group 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 EMCOR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Enterprise Value is expected to grow to about 10.2 B, whereas Selling General Administrative is forecasted to decline to about 587.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.1M10.4M17.2M10.5M
Depreciation And Amortization112.4M108.6M119.0M124.9M

EMCOR fundamental ratios Correlations

0.530.740.960.980.91-0.370.830.760.940.780.760.970.00.530.87-0.52-0.830.990.880.980.360.980.510.70.45
0.530.730.360.560.60.330.610.30.70.550.30.43-0.210.870.15-0.34-0.390.50.280.410.380.510.250.790.26
0.740.730.670.720.77-0.230.880.670.710.770.670.68-0.290.650.52-0.4-0.670.730.550.710.420.740.390.720.34
0.960.360.670.890.92-0.410.780.710.810.80.710.99-0.150.30.94-0.49-0.920.980.960.990.490.980.340.510.26
0.980.560.720.890.85-0.380.820.780.970.710.780.920.120.610.79-0.55-0.710.950.80.930.230.930.610.780.57
0.910.60.770.920.85-0.250.780.680.80.860.680.92-0.280.410.78-0.59-0.870.920.910.920.670.930.240.560.18
-0.370.33-0.23-0.41-0.38-0.25-0.2-0.79-0.17-0.14-0.79-0.33-0.320.12-0.510.080.16-0.36-0.41-0.470.16-0.31-0.42-0.03-0.37
0.830.610.880.780.820.78-0.20.570.810.710.570.81-0.20.610.68-0.56-0.740.820.650.80.30.840.550.790.47
0.760.30.670.710.780.68-0.790.570.650.541.00.670.20.390.68-0.32-0.480.740.670.790.140.690.540.50.51
0.940.70.710.810.970.8-0.170.810.650.660.650.860.120.750.69-0.5-0.660.90.690.850.20.890.610.870.59
0.780.550.770.80.710.86-0.140.710.540.660.540.81-0.510.310.59-0.48-0.870.80.760.790.710.84-0.020.41-0.06
0.760.30.670.710.780.68-0.790.571.00.650.540.670.20.390.68-0.32-0.480.740.670.790.140.690.540.50.51
0.970.430.680.990.920.92-0.330.810.670.860.810.67-0.140.370.91-0.53-0.920.990.940.990.470.990.360.570.3
0.0-0.21-0.29-0.150.12-0.28-0.32-0.20.20.12-0.510.2-0.140.20.020.10.48-0.09-0.24-0.07-0.8-0.160.670.20.74
0.530.870.650.30.610.410.120.610.390.750.310.390.370.20.16-0.22-0.190.460.140.38-0.080.440.630.920.64
0.870.150.520.940.790.78-0.510.680.680.690.590.680.910.020.16-0.41-0.810.90.90.920.320.870.420.420.35
-0.52-0.34-0.4-0.49-0.55-0.590.08-0.56-0.32-0.5-0.48-0.32-0.530.1-0.22-0.410.45-0.49-0.48-0.5-0.33-0.54-0.23-0.4-0.21
-0.83-0.39-0.67-0.92-0.71-0.870.16-0.74-0.48-0.66-0.87-0.48-0.920.48-0.19-0.810.45-0.89-0.89-0.87-0.7-0.92-0.03-0.360.05
0.990.50.730.980.950.92-0.360.820.740.90.80.740.99-0.090.460.9-0.49-0.890.910.990.430.990.430.640.37
0.880.280.550.960.80.91-0.410.650.670.690.760.670.94-0.240.140.9-0.48-0.890.910.940.610.910.180.360.09
0.980.410.710.990.930.92-0.470.80.790.850.790.790.99-0.070.380.92-0.5-0.870.990.940.420.980.420.570.36
0.360.380.420.490.230.670.160.30.140.20.710.140.47-0.8-0.080.32-0.33-0.70.430.610.420.48-0.53-0.03-0.58
0.980.510.740.980.930.93-0.310.840.690.890.840.690.99-0.160.440.87-0.54-0.920.990.910.980.480.360.620.3
0.510.250.390.340.610.24-0.420.550.540.61-0.020.540.360.670.630.42-0.23-0.030.430.180.42-0.530.360.750.99
0.70.790.720.510.780.56-0.030.790.50.870.410.50.570.20.920.42-0.4-0.360.640.360.57-0.030.620.750.73
0.450.260.340.260.570.18-0.370.470.510.59-0.060.510.30.740.640.35-0.210.050.370.090.36-0.580.30.990.73
Click cells to compare fundamentals

EMCOR Account Relationship Matchups

EMCOR fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.1B5.4B5.5B6.6B6.9B
Short Long Term Debt Total570.3M535.5M540.3M535.2M340.0M263.4M
Other Current Liab578.3M946.1M1.0B986.7M909.6M513.6M
Total Current Liabilities1.9B2.2B2.4B2.8B3.5B3.7B
Total Stockholder Equity2.1B2.1B2.3B2.0B2.5B2.6B
Property Plant And Equipment Net401.7M400.6M412.8M425.9M489.9M514.4M
Net Debt211.5M(367.3M)(281.0M)78.7M(449.8M)(427.3M)
Accounts Payable665.4M671.9M734.3M849.3M936.0M559.1M
Cash358.8M902.9M821.3M456.4M789.8M829.2M
Non Current Assets Total2.2B1.9B2.1B2.1B2.2B2.3B
Non Currrent Assets Other93.5M107.6M158.0M123.6M130.3M136.8M
Cash And Short Term Investments358.8M902.9M821.3M456.4M789.8M829.2M
Net Receivables2.2B2.1B2.4B2.8B3.5B3.6B
Common Stock Shares Outstanding56.5M55.4M54.3M50.1M47.6M63.3M
Liabilities And Stockholders Equity4.8B5.1B5.4B5.5B6.6B6.9B
Non Current Liabilities Total834.0M847.4M826.6M796.8M620.6M448.4M
Inventory40.4M53.3M54.1M85.6M110.8M116.3M
Other Current Assets52.0M70.7M80.9M79.3M73.1M73.5M
Other Stockholder Equity(221.7M)(319.0M)(500.2M)(1.1B)(1.3B)(1.2B)
Total Liab2.8B3.0B3.2B3.6B4.1B4.3B
Property Plant And Equipment Gross401.7M400.6M412.8M425.9M902.1M947.2M
Total Current Assets2.7B3.1B3.4B3.5B4.4B4.7B
Short Term Debt71.2M70.5M74.0M80.1M77.7M81.6M
Retained Earnings2.4B2.5B2.8B3.2B3.8B4.0B
Accumulated Other Comprehensive Income(89.3M)(109.2M)(83.6M)(93.5M)(85.7M)(81.4M)
Intangible Assets611.4M582.9M589.4M594.0M586.0M402.7M
Other Liab334.9M382.4M360.3M344.4M396.1M247.7M
Other Assets93.5M349.8M158.0M123.6M142.2M149.3M
Long Term Debt50M253.6M240.7M227.8M2.8M2.7M
Good Will1.1B851.8M890.3M919.2M956.5M685.3M
Property Plant Equipment156.2M158.4M152.1M157.8M181.5M111.7M
Current Deferred Revenue623.6M722.3M788.1M1.1B1.6B1.7B
Net Tangible Assets381.8M618.0M772.8M460.5M529.5M389.8M
Noncontrolling Interest In Consolidated Entity896K646K576K702K631.8K600.2K
Retained Earnings Total Equity2.4B2.5B2.8B3.2B3.7B3.9B

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When determining whether EMCOR Group is a strong investment it is important to analyze EMCOR's 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 EMCOR's future performance. For an informed investment choice regarding EMCOR Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Construction & Engineering 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 EMCOR. If investors know EMCOR 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 EMCOR 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
0.625
Dividend Share
0.93
Earnings Share
19.65
Revenue Per Share
303.552
Quarterly Revenue Growth
0.153
The market value of EMCOR Group is measured differently than its book value, which is the value of EMCOR that is recorded on the company's balance sheet. Investors also form their own opinion of EMCOR's value that differs from its market value or its book value, called intrinsic value, which is EMCOR's 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 EMCOR's market value can be influenced by many factors that don't directly affect EMCOR's 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 EMCOR's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCOR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCOR's 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.