ENS Historical Balance Sheet
ENS Stock | CAD 13.77 0.03 0.22% |
Trend analysis of E Split Corp balance sheet accounts such as Total Current Liabilities of 11.3 M or Total Stockholder Equity of 156.2 M provides information on E Split's total assets, liabilities, and equity, which is the actual value of E Split Corp to its prevalent stockholders. By breaking down trends over time using E Split balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining E Split Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether E Split Corp is a good buy for the upcoming year.
E Split Inventory |
|
ENS |
About ENS Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of E Split Corp at a specified time, usually calculated after every quarter, six months, or one year. E Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of E Split 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 ENS currently owns. An asset can also be divided into two categories, current and non-current.
E Split Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of E Split assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in E Split Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on E Split balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of E Split Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Short Term Investments
Short Term Investments is an item under the current assets section of E Split balance sheet. It contains any investments E Split Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that E Split Corp can easily liquidate in the marketplace.Liabilities And Stockholders Equity
The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.Most accounts from E Split's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into E Split Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 E Split Corp. 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, E Split's Total Current Assets are very stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 171.0M | 171.0M | 215.6M | 108.4M | Total Assets | 403.7M | 417.8M | 458.1M | 284.8M |
E Split balance sheet Correlations
Click cells to compare fundamentals
E Split Account Relationship Matchups
High Positive Relationship
High Negative Relationship
E Split balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 83.8M | 118.2M | 403.7M | 417.8M | 458.1M | 284.8M | |
Short Long Term Debt Total | 31.9M | 500K | 171.0M | 171.0M | 215.6M | 108.4M | |
Other Current Liab | 31.9M | (1.6M) | (4.6M) | (4.7M) | (6.9M) | (6.6M) | |
Total Current Liabilities | 32.9M | 1.6M | 4.6M | 4.7M | 6.9M | 11.3M | |
Total Stockholder Equity | 50.9M | 57.7M | 228.0M | 242.0M | 235.5M | 156.2M | |
Net Debt | 30.7M | (1.5M) | 152.0M | 161.3M | 199.1M | 209.1M | |
Accounts Payable | 962.1K | 1.6M | 4.6M | 4.7M | 6.9M | 3.6M | |
Cash | 1.2M | 2.0M | 19.0M | 9.7M | 16.5M | 9.3M | |
Non Current Assets Total | 8.5K | 116.2M | 384.7M | 408.0M | 441.5M | 260.4M | |
Non Currrent Assets Other | (82.6M) | (116.2M) | (384.7M) | (408.0M) | (441.5M) | (419.4M) | |
Cash And Short Term Investments | 83.8M | 2.0M | 19.0M | 9.7M | 16.5M | 17.7M | |
Net Receivables | 9.6K | 14.7K | 7.8K | 7.5K | 126.9K | 133.3K | |
Common Stock Shares Outstanding | 3.2M | 4.2M | 10.0M | 17.1M | 18.1M | 10.2M | |
Short Term Investments | 82.6M | 116.2M | 384.7M | 408.0M | 441.5M | 275.5M | |
Liabilities And Stockholders Equity | 83.8M | 118.2M | 403.7M | 417.8M | 458.1M | 284.8M | |
Non Current Liabilities Total | 0.0 | 500K | 4.6M | 4.7M | 5.4M | 5.7M | |
Inventory | (82.6M) | (116.2M) | (384.7M) | (408.0M) | (441.5M) | (419.4M) | |
Other Current Assets | 82.6M | 116.2M | 384.7M | 408.0M | 441.5M | 262.7M | |
Total Liab | 32.9M | 60.6M | 4.6M | 175.8M | 6.9M | 6.6M | |
Long Term Investments | 82.6M | 116.2M | 384.7M | 408.0M | 441.5M | 275.5M | |
Total Current Assets | 83.8M | 2.0M | 19.0M | 9.7M | 16.6M | 27.1M | |
Short Term Debt | 31.9M | 58.9M | 171.0M | 171.0M | 215.6M | 119.1M | |
Common Stock | 50.9M | 57.7M | 228.0M | 242.0M | 235.5M | 156.2M |
Pair Trading with E Split
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 E Split 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 E Split will appreciate offsetting losses from the drop in the long position's value.Moving together with ENS Stock
Moving against ENS Stock
The ability to find closely correlated positions to E Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E Split 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 E Split - 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 E Split Corp to buy it.
The correlation of E Split 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 E Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E Split Corp 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 E Split 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.Other Information on Investing in ENS Stock
Balance Sheet is a snapshot of the financial position of E Split Corp at a specified time, usually calculated after every quarter, six months, or one year. E Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of E Split 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 ENS currently owns. An asset can also be divided into two categories, current and non-current.