Enghouse Net Income vs Cost Of Revenue Analysis

ENGH Stock  CAD 24.02  0.64  2.60%   
Enghouse Systems financial indicator trend analysis is much more than just examining Enghouse Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enghouse Systems is a good investment. Please check the relationship between Enghouse Systems Net Income and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enghouse Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enghouse Systems Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Enghouse Systems' Net Income and Cost Of Revenue is 0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Enghouse Systems, assuming nothing else is changed. The correlation between historical values of Enghouse Systems' Net Income and Cost Of 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 Net Income of Enghouse Systems are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Enghouse Systems' Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Enghouse Systems financial statement analysis. It represents the amount of money remaining after all of Enghouse Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on Enghouse Systems income statement and represents the costs associated with goods and services Enghouse Systems provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Enghouse Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enghouse Systems 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 Enghouse Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Enghouse Systems' Selling General Administrative is very stable compared to the past year. As of the 6th of April 2025, Enterprise Value Over EBITDA is likely to grow to 8.54, while Tax Provision is likely to drop about 14.3 M.
 2022 2024 2025 (projected)
Interest Expense858K500.4K475.4K
Depreciation And Amortization48.8M56.1M59.0M

Enghouse Systems fundamental ratios Correlations

0.420.060.991.00.640.99-0.920.990.950.981.00.90.970.960.630.58-0.60.990.530.980.890.99-0.22-0.17-0.77
0.42-0.160.440.380.910.35-0.410.380.520.40.410.250.460.410.350.79-0.310.450.070.520.470.420.34-0.58-0.34
0.06-0.160.040.06-0.110.08-0.190.050.020.120.01-0.070.140.060.210.06-0.210.01-0.180.04-0.110.11-0.180.19-0.23
0.990.440.040.980.650.99-0.890.980.970.961.00.870.950.960.660.61-0.640.990.470.990.860.98-0.2-0.18-0.79
1.00.380.060.980.610.99-0.921.00.920.980.990.920.970.950.610.53-0.580.980.560.970.90.99-0.23-0.14-0.75
0.640.91-0.110.650.610.57-0.650.630.690.640.630.420.690.620.330.85-0.270.630.360.720.670.650.01-0.65-0.41
0.990.350.080.990.990.57-0.90.990.930.970.990.910.960.940.650.51-0.630.990.510.970.870.98-0.19-0.09-0.78
-0.92-0.41-0.19-0.89-0.92-0.65-0.9-0.93-0.84-0.94-0.9-0.8-0.96-0.88-0.61-0.630.55-0.88-0.53-0.89-0.81-0.940.260.240.76
0.990.380.050.981.00.630.99-0.930.920.980.990.910.970.950.590.54-0.550.980.590.960.910.99-0.25-0.19-0.74
0.950.520.020.970.920.690.93-0.840.920.880.960.770.890.980.730.73-0.70.930.330.980.760.92-0.21-0.27-0.86
0.980.40.120.960.980.640.97-0.940.980.880.960.890.990.890.550.52-0.520.960.590.940.90.99-0.23-0.13-0.69
1.00.410.011.00.990.630.99-0.90.990.960.960.890.950.970.630.58-0.610.990.520.980.880.98-0.22-0.18-0.78
0.90.25-0.070.870.920.420.91-0.80.910.770.890.890.860.830.530.28-0.530.90.570.830.890.89-0.080.06-0.65
0.970.460.140.950.970.690.96-0.960.970.890.990.950.860.90.60.6-0.570.950.520.940.880.99-0.18-0.21-0.73
0.960.410.060.960.950.620.94-0.880.950.980.890.970.830.90.710.67-0.680.940.40.970.790.94-0.28-0.25-0.87
0.630.350.210.660.610.330.65-0.610.590.730.550.630.530.60.710.6-0.970.63-0.250.680.370.620.2-0.14-0.93
0.580.790.060.610.530.850.51-0.630.540.730.520.580.280.60.670.6-0.520.550.040.70.410.57-0.06-0.63-0.64
-0.6-0.31-0.21-0.64-0.58-0.27-0.630.55-0.55-0.7-0.52-0.61-0.53-0.57-0.68-0.97-0.52-0.610.31-0.65-0.33-0.59-0.260.090.91
0.990.450.010.990.980.630.99-0.880.980.930.960.990.90.950.940.630.55-0.610.50.970.90.97-0.12-0.14-0.76
0.530.07-0.180.470.560.360.51-0.530.590.330.590.520.570.520.4-0.250.040.310.50.430.720.53-0.47-0.050.02
0.980.520.040.990.970.720.97-0.890.960.980.940.980.830.940.970.680.7-0.650.970.430.840.97-0.19-0.25-0.81
0.890.47-0.110.860.90.670.87-0.810.910.760.90.880.890.880.790.370.41-0.330.90.720.840.89-0.1-0.15-0.52
0.990.420.110.980.990.650.98-0.940.990.920.990.980.890.990.940.620.57-0.590.970.530.970.89-0.21-0.16-0.76
-0.220.34-0.18-0.2-0.230.01-0.190.26-0.25-0.21-0.23-0.22-0.08-0.18-0.280.2-0.06-0.26-0.12-0.47-0.19-0.1-0.21-0.040.07
-0.17-0.580.19-0.18-0.14-0.65-0.090.24-0.19-0.27-0.13-0.180.06-0.21-0.25-0.14-0.630.09-0.14-0.05-0.25-0.15-0.16-0.040.15
-0.77-0.34-0.23-0.79-0.75-0.41-0.780.76-0.74-0.86-0.69-0.78-0.65-0.73-0.87-0.93-0.640.91-0.760.02-0.81-0.52-0.760.070.15
Click cells to compare fundamentals

Enghouse Systems Account Relationship Matchups

Enghouse Systems fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets674.6M705.0M783.7M833.5M958.5M1.0B
Short Long Term Debt Total42.2M25.6M19.9M12.4M14.3M11.8M
Other Current Liab13.2M11.5M10.8M14.4M16.6M17.4M
Total Current Liabilities174.5M163.9M197.5M211.3M243.0M255.1M
Total Stockholder Equity454.3M508.2M555.3M595.8M685.2M719.4M
Property Plant And Equipment Net32.2M24.2M15.5M15.7M18.0M18.9M
Current Deferred Revenue89.9M80.6M83.1M109.0M125.4M131.6M
Net Debt(202.6M)(170.3M)(205.2M)(227.1M)(204.4M)(194.2M)
Retained Earnings355.0M401.2M426.4M446.7M513.8M539.4M
Accounts Payable71.5M60.5M67.8M70.1M80.6M84.6M
Cash195.9M225.1M239.5M274.2M315.4M331.1M
Non Current Assets Total371.0M370.5M434.3M450.3M517.9M543.8M
Other Assets12.7M16.1M13.9M30.3M34.9M36.6M
Cash And Short Term Investments251.8M198.8M228.1M240.4M276.4M290.2M
Net Receivables91.5M93.6M93.5M92.3M106.2M111.5M
Common Stock Shares Outstanding55.9M55.6M55.3M55.4M63.7M53.5M
Liabilities And Stockholders Equity763.6M674.6M705.0M783.7M901.2M946.3M
Non Current Liabilities Total45.8M33.0M30.8M26.4M30.4M20.4M
Other Current Assets13.3M12.8M15.5M16.1M18.5M19.4M
Other Stockholder Equity6.6M7.4M8.9M10.4M9.4M8.9M
Total Liab220.3M196.8M228.3M237.7M273.3M287.0M
Property Plant And Equipment Gross71.2M70.6M69.3M77.0M88.6M93.0M
Total Current Assets303.7M334.5M349.4M383.2M440.7M462.7M
Accumulated Other Comprehensive Income11.0M(14.6M)(9.0M)10.8M12.5M13.1M
Short Term Debt9.9M7.9M6.8M6.3M5.7M5.4M
Non Currrent Assets Other(390.2M)(357.0M)(340.2M)28.9M26.0M27.3M
Short Term Investments2.9M3.0M827K487K438.3K416.4K
Intangible Assets101.8M85.9M109.7M98.6M113.4M62.8M
Good Will223.0M230.0M280.2M309.8M356.3M374.1M
Common Stock99.4M106.5M107.0M107.7M123.9M88.0M
Other Liab26.7M28.5M28.1M19.9M22.9M27.8M
Net Tangible Assets76.9M155.3M129.5M192.3M221.1M232.2M
Property Plant Equipment6.3M49.1M32.2M24.2M27.9M16.8M
Capital Surpluse6.7M6.6M7.4M8.9M10.2M6.5M
Long Term Debt Total874K32.2M17.7M13.1M15.0M11.3M
Cash And Equivalents144.8M244.8M195.9M225.1M258.9M188.1M

Pair Trading with Enghouse Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enghouse Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enghouse Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enghouse Stock

  0.67DGS Dividend Growth SplitPairCorr
  0.73DF Dividend 15 SplitPairCorr

Moving against Enghouse Stock

  0.74GQC GoldQuest Mining CorpPairCorr
  0.59III Imperial MetalsPairCorr
  0.58TAU Thesis GoldPairCorr
  0.57RSS Resaas ServicesPairCorr
  0.53COLL-P Collingwood ResourcesPairCorr
The ability to find closely correlated positions to Enghouse Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enghouse Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enghouse Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enghouse Systems to buy it.
The correlation of Enghouse Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enghouse Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enghouse Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enghouse Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Enghouse Stock

Balance Sheet is a snapshot of the financial position of Enghouse Systems at a specified time, usually calculated after every quarter, six months, or one year. Enghouse Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Enghouse Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Enghouse currently owns. An asset can also be divided into two categories, current and non-current.