Enanta Total Current Assets vs Net Invested Capital Analysis
ENTA Stock | USD 8.56 0.45 4.99% |
Enanta Pharmaceuticals financial indicator trend analysis is much more than just examining Enanta Pharmaceuticals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enanta Pharmaceuticals is a good investment. Please check the relationship between Enanta Pharmaceuticals Total Current Assets and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enanta Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Enanta Stock refer to our How to Trade Enanta Stock guide.
Total Current Assets vs Net Invested Capital
Total Current Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enanta Pharmaceuticals Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Enanta Pharmaceuticals' Total Current Assets and Net Invested Capital is 0.18. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Enanta Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Enanta Pharmaceuticals' Total Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Enanta Pharmaceuticals are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., Enanta Pharmaceuticals' Total Current Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Enanta Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enanta Pharmaceuticals 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 Enanta Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Enanta Stock refer to our How to Trade Enanta Stock guide.At present, Enanta Pharmaceuticals' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.63, whereas Tax Provision is forecasted to decline to about 2.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 83.2M | 79.2M | 91.1M | 104.6M | Total Revenue | 86.2M | 79.2M | 91.1M | 104.9M |
Enanta Pharmaceuticals fundamental ratios Correlations
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Enanta Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enanta Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 19.9M | 20.2M | 20.6M | 21.0M | 24.1M | 18.0M | |
Total Assets | 486.1M | 438.8M | 375.4M | 462.3M | 531.6M | 327.6M | |
Other Current Liab | 9.9M | 18.2M | 18.0M | 53.4M | 61.4M | 64.5M | |
Total Current Liabilities | 24.2M | 36.2M | 29.8M | 62.8M | 72.2M | 75.8M | |
Total Stockholder Equity | 455.6M | 399.4M | 321.3M | 216.7M | 249.2M | 273.1M | |
Other Liab | 2.9M | 1.1M | 558K | 454K | 408.6K | 388.2K | |
Property Plant And Equipment Net | 15.6M | 10.7M | 29.7M | 34.7M | 39.9M | 41.9M | |
Net Debt | (79.0M) | (51.9M) | (18.7M) | (58.9M) | (53.0M) | (55.6M) | |
Retained Earnings | 127.6M | 48.6M | (73.2M) | (207.0M) | (238.0M) | (226.1M) | |
Accounts Payable | 5.7M | 9.5M | 6M | 4.1M | 4.7M | 4.3M | |
Cash | 87.1M | 57.2M | 44.0M | 85.4M | 98.2M | 103.1M | |
Non Current Assets Total | 49.3M | 119.8M | 63.7M | 39.5M | 45.4M | 56.9M | |
Other Assets | 12.0M | 1.0M | 700K | 4.7M | 5.4M | 5.6M | |
Cash And Short Term Investments | 386.6M | 244.0M | 249.2M | 369.9M | 425.4M | 231.2M | |
Net Receivables | 23.5M | 60.8M | 49.0M | 39.6M | 45.6M | 28.8M | |
Common Stock Total Equity | 197K | 201K | 202K | 208K | 239.2K | 183.8K | |
Short Term Investments | 299.5M | 186.8M | 205.2M | 284.5M | 327.2M | 184.7M | |
Liabilities And Stockholders Equity | 486.1M | 438.8M | 375.4M | 462.3M | 531.6M | 327.6M | |
Non Current Liabilities Total | 6.4M | 3.2M | 24.2M | 182.8M | 210.2M | 220.7M | |
Other Current Assets | 40.4M | 14.2M | 13.4M | 13.3M | 15.3M | 11.8M | |
Other Stockholder Equity | 327.0M | 351.0M | 398.0M | 424.7M | 488.4M | 264.1M | |
Total Liab | 30.6M | 39.4M | 54.1M | 245.5M | 282.4M | 296.5M | |
Property Plant And Equipment Gross | 15.6M | 10.7M | 51.6M | 58.5M | 67.2M | 70.6M | |
Total Current Assets | 436.8M | 319.0M | 311.7M | 422.8M | 486.2M | 270.6M | |
Accumulated Other Comprehensive Income | 844K | (382K) | (3.7M) | (1.2M) | (1.1M) | (1.0M) | |
Common Stock | 201K | 202K | 208K | 211K | 242.7K | 187.5K | |
Property Plant Equipment | 10.9M | 8.6M | 10.7M | 29.7M | 34.2M | 35.9M | |
Short Long Term Debt Total | 8.1M | 5.3M | 25.3M | 26.5M | 30.5M | 32.0M | |
Net Tangible Assets | 462.5M | 455.6M | 399.4M | 321.3M | 369.5M | 365.3M | |
Capital Surpluse | 298.4M | 327.0M | 351.0M | 398.0M | 457.7M | 317.9M | |
Long Term Investments | 16.4M | 65.0M | 32.6M | 108.4M | 29.3M | 0.0 | |
Non Current Liabilities Other | 6.4M | 558K | 454K | 160.1M | 184.1M | 193.3M |
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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 Enanta Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enanta Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enanta Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enanta Pharmaceuticals Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enanta Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Enanta Stock refer to our How to Trade Enanta Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Biotechnology 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 Enanta Pharmaceuticals. If investors know Enanta 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 Enanta Pharmaceuticals 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 (0.66) | Earnings Share (5.45) | Revenue Per Share 3.407 | Quarterly Revenue Growth (0.05) | Return On Assets (0.17) |
The market value of Enanta Pharmaceuticals is measured differently than its book value, which is the value of Enanta that is recorded on the company's balance sheet. Investors also form their own opinion of Enanta Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Enanta Pharmaceuticals' 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 Enanta Pharmaceuticals' market value can be influenced by many factors that don't directly affect Enanta Pharmaceuticals' 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 Enanta Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enanta Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enanta Pharmaceuticals' 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.