Enghouse Pocfratio vs Capex To Revenue Analysis

ENGH Stock  CAD 29.10  0.17  0.58%   
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 Pocfratio and its Capex To 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.

Pocfratio vs Capex To Revenue

Pocfratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enghouse Systems Pocfratio account and Capex To Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Enghouse Systems' Pocfratio and Capex To Revenue is -0.64. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Capex To 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' Pocfratio and Capex To 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 Pocfratio of Enghouse Systems are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Pocfratio i.e., Enghouse Systems' Pocfratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Pocfratio

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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 26th of November 2024, Enterprise Value is likely to grow to about 1.5 B, while Tax Provision is likely to drop about 13.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense735K695K625.5K1.1M
Depreciation And Amortization46.7M48.8M56.1M59.0M

Enghouse Systems fundamental ratios Correlations

0.460.830.991.00.670.99-0.930.990.950.970.990.880.970.970.650.66-0.620.990.470.980.870.99-0.22-0.27-0.78
0.460.610.490.410.910.36-0.430.410.540.460.440.270.470.420.350.79-0.310.460.080.550.530.470.34-0.59-0.34
0.830.610.860.790.780.77-0.770.790.890.780.830.540.780.830.560.83-0.520.810.280.890.580.81-0.22-0.55-0.66
0.990.490.860.980.680.98-0.90.970.970.950.990.850.950.970.680.7-0.660.990.410.990.830.97-0.19-0.27-0.8
1.00.410.790.980.640.99-0.931.00.920.980.990.90.980.960.620.62-0.60.980.510.970.880.99-0.23-0.24-0.76
0.670.910.780.680.640.57-0.670.660.70.70.650.420.70.620.320.85-0.270.660.370.730.710.690.02-0.68-0.41
0.990.360.770.980.990.57-0.90.980.920.950.990.910.950.950.650.57-0.640.980.460.960.850.97-0.18-0.14-0.77
-0.93-0.43-0.77-0.9-0.93-0.67-0.9-0.94-0.85-0.96-0.9-0.78-0.96-0.88-0.62-0.690.57-0.89-0.47-0.9-0.8-0.960.270.330.75
0.990.410.790.971.00.660.98-0.940.910.980.990.890.980.950.60.62-0.570.980.540.960.890.99-0.25-0.27-0.74
0.950.540.890.970.920.70.92-0.850.910.880.960.750.880.980.730.79-0.710.950.280.980.740.92-0.21-0.33-0.86
0.970.460.780.950.980.70.95-0.960.980.880.950.851.00.90.570.64-0.540.950.530.940.880.99-0.24-0.26-0.7
0.990.440.830.990.990.650.99-0.90.990.960.950.880.940.980.640.65-0.620.990.470.980.860.97-0.22-0.26-0.78
0.880.270.540.850.90.420.91-0.780.890.750.850.880.850.830.540.34-0.540.870.520.80.860.87-0.080.01-0.63
0.970.470.780.950.980.70.95-0.960.980.881.00.940.850.90.60.65-0.580.940.480.940.870.99-0.18-0.27-0.72
0.970.420.830.970.960.620.95-0.880.950.980.90.980.830.90.710.7-0.680.970.370.970.790.95-0.28-0.29-0.86
0.650.350.560.680.620.320.65-0.620.60.730.570.640.540.60.710.62-0.970.61-0.30.690.360.640.2-0.16-0.93
0.660.790.830.70.620.850.57-0.690.620.790.640.650.340.650.70.62-0.530.650.070.760.50.67-0.07-0.61-0.66
-0.62-0.31-0.52-0.66-0.6-0.27-0.640.57-0.57-0.71-0.54-0.62-0.54-0.58-0.68-0.97-0.53-0.590.36-0.66-0.33-0.62-0.260.110.92
0.990.460.810.990.980.660.98-0.890.980.950.950.990.870.940.970.610.65-0.590.490.980.870.97-0.24-0.21-0.76
0.470.080.280.410.510.370.46-0.470.540.280.530.470.520.480.37-0.30.070.360.490.370.690.47-0.49-0.130.08
0.980.550.890.990.970.730.96-0.90.960.980.940.980.80.940.970.690.76-0.660.980.370.820.97-0.18-0.33-0.81
0.870.530.580.830.880.710.85-0.80.890.740.880.860.860.870.790.360.5-0.330.870.690.820.87-0.08-0.26-0.5
0.990.470.810.970.990.690.97-0.960.990.920.990.970.870.990.950.640.67-0.620.970.470.970.87-0.21-0.28-0.77
-0.220.34-0.22-0.19-0.230.02-0.180.27-0.25-0.21-0.24-0.22-0.08-0.18-0.280.2-0.07-0.26-0.24-0.49-0.18-0.08-0.21-0.030.06
-0.27-0.59-0.55-0.27-0.24-0.68-0.140.33-0.27-0.33-0.26-0.260.01-0.27-0.29-0.16-0.610.11-0.21-0.13-0.33-0.26-0.28-0.030.19
-0.78-0.34-0.66-0.8-0.76-0.41-0.770.75-0.74-0.86-0.7-0.78-0.63-0.72-0.86-0.93-0.660.92-0.760.08-0.81-0.5-0.770.060.19
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Enghouse Systems Account Relationship Matchups

Enghouse Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets763.6M674.6M705.0M783.7M901.2M946.3M
Short Long Term Debt Total42.2M25.6M19.9M12.4M14.3M11.8M
Other Current Liab26.4M14.5M13.4M14.4M16.6M17.4M
Total Current Liabilities206.6M174.5M163.9M197.5M227.1M238.5M
Total Stockholder Equity496.3M454.3M508.2M555.3M638.6M670.6M
Property Plant And Equipment Net49.1M32.2M24.2M15.5M17.8M18.7M
Current Deferred Revenue89.9M80.6M83.1M109.0M125.4M131.6M
Net Debt(202.6M)(170.3M)(205.2M)(227.1M)(204.4M)(194.2M)
Retained Earnings379.4M355.0M401.2M426.4M490.4M514.9M
Accounts Payable80.3M71.5M60.5M67.8M77.9M81.8M
Cash244.8M195.9M225.1M239.5M275.5M289.2M
Non Current Assets Total406.3M371.0M370.5M434.3M499.4M524.4M
Other Assets12.7M16.1M13.9M30.3M34.9M36.6M
Cash And Short Term Investments251.8M198.8M228.1M240.4M276.4M290.2M
Net Receivables90.8M91.5M93.6M93.5M107.5M112.9M
Common Stock Shares Outstanding55.6M55.9M55.6M55.3M63.6M53.3M
Liabilities And Stockholders Equity763.6M674.6M705.0M783.7M901.2M946.3M
Non Current Liabilities Total60.7M45.8M33.0M30.8M35.5M20.1M
Other Current Assets14.8M13.3M12.8M15.5M17.8M18.7M
Other Stockholder Equity6.6M7.4M8.9M10.4M9.4M8.9M
Total Liab267.3M220.3M196.8M228.3M262.6M275.7M
Property Plant And Equipment Gross49.1M71.2M70.6M69.3M79.7M83.7M
Total Current Assets357.4M303.7M334.5M349.4M401.8M421.9M
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 Investments7.0M2.9M3.0M827K744.3K707.1K
Intangible Assets123.6M101.8M85.9M109.7M126.1M132.4M
Good Will217.4M223.0M230.0M280.2M322.3M338.4M
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.
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.