EMCOR Short Term Investments vs Current Deferred Revenue 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 Short Term Investments and its Current Deferred Revenue 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.
Short Term Investments vs Current Deferred Revenue
Short Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMCOR Group Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EMCOR's Short Term Investments and Current Deferred Revenue is -0.08. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Current Deferred Revenue 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 Short Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of EMCOR Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Investments i.e., EMCOR's Short Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of EMCOR balance sheet. It contains any investments EMCOR Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that EMCOR Group can easily liquidate in the marketplace.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 Expense | 5.1M | 10.4M | 17.2M | 10.5M | Depreciation And Amortization | 112.4M | 108.6M | 119.0M | 124.9M |
EMCOR fundamental ratios Correlations
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EMCOR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EMCOR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.8B | 5.1B | 5.4B | 5.5B | 6.6B | 6.9B | |
Short Long Term Debt Total | 570.3M | 535.5M | 540.3M | 535.2M | 340.0M | 263.4M | |
Other Current Liab | 578.3M | 946.1M | 1.0B | 986.7M | 909.6M | 513.6M | |
Total Current Liabilities | 1.9B | 2.2B | 2.4B | 2.8B | 3.5B | 3.7B | |
Total Stockholder Equity | 2.1B | 2.1B | 2.3B | 2.0B | 2.5B | 2.6B | |
Property Plant And Equipment Net | 401.7M | 400.6M | 412.8M | 425.9M | 489.9M | 514.4M | |
Net Debt | 211.5M | (367.3M) | (281.0M) | 78.7M | (449.8M) | (427.3M) | |
Accounts Payable | 665.4M | 671.9M | 734.3M | 849.3M | 936.0M | 559.1M | |
Cash | 358.8M | 902.9M | 821.3M | 456.4M | 789.8M | 829.2M | |
Non Current Assets Total | 2.2B | 1.9B | 2.1B | 2.1B | 2.2B | 2.3B | |
Non Currrent Assets Other | 93.5M | 107.6M | 158.0M | 123.6M | 130.3M | 136.8M | |
Cash And Short Term Investments | 358.8M | 902.9M | 821.3M | 456.4M | 789.8M | 829.2M | |
Net Receivables | 2.2B | 2.1B | 2.4B | 2.8B | 3.5B | 3.6B | |
Common Stock Shares Outstanding | 56.5M | 55.4M | 54.3M | 50.1M | 47.6M | 63.3M | |
Liabilities And Stockholders Equity | 4.8B | 5.1B | 5.4B | 5.5B | 6.6B | 6.9B | |
Non Current Liabilities Total | 834.0M | 847.4M | 826.6M | 796.8M | 620.6M | 448.4M | |
Inventory | 40.4M | 53.3M | 54.1M | 85.6M | 110.8M | 116.3M | |
Other Current Assets | 52.0M | 70.7M | 80.9M | 79.3M | 73.1M | 73.5M | |
Other Stockholder Equity | (221.7M) | (319.0M) | (500.2M) | (1.1B) | (1.3B) | (1.2B) | |
Total Liab | 2.8B | 3.0B | 3.2B | 3.6B | 4.1B | 4.3B | |
Property Plant And Equipment Gross | 401.7M | 400.6M | 412.8M | 425.9M | 902.1M | 947.2M | |
Total Current Assets | 2.7B | 3.1B | 3.4B | 3.5B | 4.4B | 4.7B | |
Short Term Debt | 71.2M | 70.5M | 74.0M | 80.1M | 77.7M | 81.6M | |
Retained Earnings | 2.4B | 2.5B | 2.8B | 3.2B | 3.8B | 4.0B | |
Accumulated Other Comprehensive Income | (89.3M) | (109.2M) | (83.6M) | (93.5M) | (85.7M) | (81.4M) | |
Intangible Assets | 611.4M | 582.9M | 589.4M | 594.0M | 586.0M | 402.7M | |
Other Liab | 334.9M | 382.4M | 360.3M | 344.4M | 396.1M | 247.7M | |
Other Assets | 93.5M | 349.8M | 158.0M | 123.6M | 142.2M | 149.3M | |
Long Term Debt | 50M | 253.6M | 240.7M | 227.8M | 2.8M | 2.7M | |
Good Will | 1.1B | 851.8M | 890.3M | 919.2M | 956.5M | 685.3M | |
Property Plant Equipment | 156.2M | 158.4M | 152.1M | 157.8M | 181.5M | 111.7M | |
Current Deferred Revenue | 623.6M | 722.3M | 788.1M | 1.1B | 1.6B | 1.7B | |
Net Tangible Assets | 381.8M | 618.0M | 772.8M | 460.5M | 529.5M | 389.8M | |
Noncontrolling Interest In Consolidated Entity | 896K | 646K | 576K | 702K | 631.8K | 600.2K | |
Retained Earnings Total Equity | 2.4B | 2.5B | 2.8B | 3.2B | 3.7B | 3.9B |
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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 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 19.69 | 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.