Enerev5 Other Stockholder Equity vs Capital Lease Obligations Analysis
ENEV Stock | 0.01 0.00 0.00% |
Enerev5 Metals financial indicator trend analysis is much more than just examining Enerev5 Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerev5 Metals is a good investment. Please check the relationship between Enerev5 Metals Other Stockholder Equity and its Capital Lease Obligations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerev5 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Other Stockholder Equity vs Capital Lease Obligations
Other Stockholder Equity vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerev5 Metals Other Stockholder Equity account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Enerev5 Metals' Other Stockholder Equity and Capital Lease Obligations is 0.92. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Enerev5 Metals, assuming nothing else is changed. The correlation between historical values of Enerev5 Metals' Other Stockholder Equity and Capital Lease Obligations 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 Stockholder Equity of Enerev5 Metals are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Other Stockholder Equity i.e., Enerev5 Metals' Other Stockholder Equity and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Stockholder Equity
Capital Lease Obligations
Enerev5 Metals capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Enerev5 Metals asset purchases. For example, Enerev5 Metals can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Enerev5 Metals control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Enerev5 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerev5 Metals 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 Enerev5 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Issuance Of Capital Stock is likely to climb to about 545.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 402.7 K in 2024.
Enerev5 Metals fundamental ratios Correlations
Click cells to compare fundamentals
Enerev5 Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enerev5 Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 382.6K | 692.7K | 98.9K | 69.8K | 62.8K | 59.7K | |
Total Current Liabilities | 2.7M | 646.0K | 198.3K | 240.1K | 216.1K | 205.3K | |
Total Stockholder Equity | (2.4M) | (153.7K) | (263.8K) | (334.7K) | (384.9K) | (404.1K) | |
Net Tangible Assets | (2.4M) | (153.7K) | (263.8K) | (334.7K) | (384.9K) | (404.1K) | |
Retained Earnings | (35.7M) | (36.1M) | (36.7M) | (37.4M) | (33.7M) | (35.4M) | |
Accounts Payable | 704.4K | 341.4K | 48.1K | 35.8K | 32.3K | 30.6K | |
Cash | 1.7K | 548.9K | 27.6K | 1.8K | 2.0K | 1.9K | |
Net Receivables | 261.8K | 44.6K | 21.7K | 34.7K | 31.2K | 29.6K | |
Non Current Liabilities Total | 3.0 | 72.6K | 200.5K | 164.3K | 189.0K | 110.3K | |
Other Stockholder Equity | 2.0M | 3.3M | 1.4M | 640.3K | 576.2K | 547.4K | |
Total Liab | 2.8M | 846.5K | 362.7K | 404.4K | 364.0K | 345.8K | |
Net Invested Capital | (2.4M) | (153.7K) | (180.7K) | (239.8K) | (275.7K) | (289.5K) | |
Total Current Assets | 277.6K | 623.5K | 65.6K | 69.8K | 62.8K | 59.7K | |
Net Working Capital | (2.4M) | (22.5K) | (132.8K) | (170.3K) | (195.9K) | (205.7K) | |
Property Plant Equipment | 4.9K | 105.1K | 69.2K | 33.3K | 38.3K | 47.8K |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Enerev5 Stock Analysis
When running Enerev5 Metals' price analysis, check to measure Enerev5 Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enerev5 Metals is operating at the current time. Most of Enerev5 Metals' value examination focuses on studying past and present price action to predict the probability of Enerev5 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerev5 Metals' price. Additionally, you may evaluate how the addition of Enerev5 Metals to your portfolios can decrease your overall portfolio volatility.