Entourage Total Current Assets vs Cash Analysis

ENTG Stock

0.01 0.01 100.00%

Entourage Health financial indicator trend analysis is much more than just examining Entourage Health Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entourage Health Corp is a good investment. Please check the relationship between Entourage Health Total Current Assets and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entourage Health 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 price.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entourage Health Corp Total Current Assets account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Entourage Health's Total Current Assets and Cash is -0.33. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Entourage Health Corp, assuming nothing else is changed. The correlation between historical values of Entourage Health's Total Current Assets and Cash 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 Entourage Health Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Entourage Health's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Cash

Cash refers to the most liquid asset of Entourage Health Corp, which is listed under current asset account on Entourage Health Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Entourage Health customers. The amounts must be unrestricted with restricted cash listed in a different Entourage Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Entourage Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entourage Health Corp 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 Entourage Health 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 price.

Enterprise Value is likely to climb to about 162.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.5 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	84.0M	92.9M	62.1M	58.8M
Cost Of Revenue	54.0M	60.8M	37.0M	33.9M

Total Operating Expenses Cost Of Revenue

Entourage Health fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Short Term Investments	Capital Stock	Other Liab
Total Assets		0.68	-0.04	0.59	0.8	0.07	0.83	-0.31	0.99	-0.55	0.72	0.59	0.34	0.72	0.84	0.89	0.39	0.26	0.99	0.93	0.23	0.46	0.67	-0.43	0.37	0.26
Other Current Liab	0.68		0.35	0.1	0.56	-0.29	0.76	-0.77	0.72	-0.71	0.29	0.45	0.49	0.46	0.75	0.76	0.55	0.49	0.62	0.58	-0.23	0.55	0.76	-0.61	0.54	-0.23
Total Current Liabilities	-0.04	0.35		-0.82	-0.27	-0.98	-0.16	-0.74	-0.06	-0.77	-0.31	0.41	0.89	-0.22	0.45	-0.1	0.85	0.89	-0.15	0.16	-0.98	0.81	0.67	-0.86	0.88	-0.74
Total Stockholder Equity	0.59	0.1	-0.82		0.67	0.85	0.62	0.42	0.6	0.34	0.59	0.1	-0.54	0.46	0.09	0.53	-0.48	-0.6	0.67	0.38	0.91	-0.42	-0.19	0.48	-0.52	0.73
Net Tangible Assets	0.8	0.56	-0.27	0.67		0.28	0.93	-0.28	0.83	-0.25	0.85	0.5	0.01	0.62	0.5	0.91	0.1	-0.04	0.81	0.64	0.41	0.18	0.46	-0.09	0.03	0.25
Retained Earnings	0.07	-0.29	-0.98	0.85	0.28		0.22	0.71	0.1	0.77	0.24	-0.31	-0.89	0.13	-0.43	0.09	-0.86	-0.91	0.17	-0.15	0.96	-0.83	-0.67	0.87	-0.89	0.71
Accounts Payable	0.83	0.76	-0.16	0.62	0.93	0.22		-0.43	0.87	-0.32	0.62	0.59	0.1	0.5	0.57	0.88	0.19	0.04	0.82	0.64	0.29	0.23	0.51	-0.18	0.11	0.22
Cash	-0.31	-0.77	-0.74	0.42	-0.28	0.71	-0.43		-0.32	0.79	-0.04	-0.52	-0.76	-0.08	-0.57	-0.42	-0.8	-0.77	-0.21	-0.33	0.68	-0.77	-0.82	0.78	-0.75	0.46
Non Current Assets Total	0.99	0.72	-0.06	0.6	0.83	0.1	0.87	-0.32		-0.53	0.72	0.58	0.3	0.71	0.82	0.91	0.36	0.22	0.99	0.9	0.25	0.42	0.65	-0.4	0.34	0.23
Other Assets	-0.55	-0.71	-0.77	0.34	-0.25	0.77	-0.32	0.79	-0.53		-0.26	-0.51	-0.92	-0.42	-0.89	-0.51	-0.92	-0.91	-0.47	-0.69	0.63	-0.94	-0.96	0.98	-0.96	0.44
Long Term Debt	0.72	0.29	-0.31	0.59	0.85	0.24	0.62	-0.04	0.72	-0.26		0.23	0.0	0.84	0.49	0.83	0.07	-0.02	0.74	0.66	0.45	0.18	0.41	-0.11	0.06	0.24
Net Receivables	0.59	0.45	0.41	0.1	0.5	-0.31	0.59	-0.52	0.58	-0.51	0.23		0.57	-0.06	0.61	0.38	0.57	0.43	0.54	0.63	-0.29	0.6	0.64	-0.51	0.5	-0.09
Common Stock Shares Outstanding	0.34	0.49	0.89	-0.54	0.01	-0.89	0.1	-0.76	0.3	-0.92	0.0	0.57		0.1	0.72	0.21	0.99	0.98	0.25	0.51	-0.8	0.98	0.88	-0.97	0.99	-0.43
Non Current Liabilities Total	0.72	0.46	-0.22	0.46	0.62	0.13	0.5	-0.08	0.71	-0.42	0.84	-0.06	0.1		0.6	0.83	0.15	0.13	0.73	0.67	0.36	0.24	0.45	-0.26	0.21	0.19
Inventory	0.84	0.75	0.45	0.09	0.5	-0.43	0.57	-0.57	0.82	-0.89	0.49	0.61	0.72	0.6		0.72	0.72	0.65	0.79	0.93	-0.27	0.77	0.89	-0.82	0.78	-0.19
Other Current Assets	0.89	0.76	-0.1	0.53	0.91	0.09	0.88	-0.42	0.91	-0.51	0.83	0.38	0.21	0.83	0.72		0.3	0.2	0.87	0.76	0.25	0.37	0.65	-0.35	0.28	0.13
Other Stockholder Equity	0.39	0.55	0.85	-0.48	0.1	-0.86	0.19	-0.8	0.36	-0.92	0.07	0.57	0.99	0.15	0.72	0.3		0.98	0.3	0.52	-0.76	0.99	0.91	-0.96	0.97	-0.4
Total Liab	0.26	0.49	0.89	-0.6	-0.04	-0.91	0.04	-0.77	0.22	-0.91	-0.02	0.43	0.98	0.13	0.65	0.2	0.98		0.16	0.41	-0.82	0.97	0.85	-0.95	0.97	-0.46
Net Invested Capital	0.99	0.62	-0.15	0.67	0.81	0.17	0.82	-0.21	0.99	-0.47	0.74	0.54	0.25	0.73	0.79	0.87	0.3	0.16		0.92	0.33	0.37	0.59	-0.33	0.28	0.34
Total Current Assets	0.93	0.58	0.16	0.38	0.64	-0.15	0.64	-0.33	0.9	-0.69	0.66	0.63	0.51	0.67	0.93	0.76	0.52	0.41	0.92		0.04	0.6	0.74	-0.6	0.56	0.12
Net Working Capital	0.23	-0.23	-0.98	0.91	0.41	0.96	0.29	0.68	0.25	0.63	0.45	-0.29	-0.8	0.36	-0.27	0.25	-0.76	-0.82	0.33	0.04		-0.7	-0.53	0.75	-0.77	0.76
Common Stock	0.46	0.55	0.81	-0.42	0.18	-0.83	0.23	-0.77	0.42	-0.94	0.18	0.6	0.98	0.24	0.77	0.37	0.99	0.97	0.37	0.6	-0.7		0.94	-0.96	0.97	-0.37
Property Plant Equipment	0.67	0.76	0.67	-0.19	0.46	-0.67	0.51	-0.82	0.65	-0.96	0.41	0.64	0.88	0.45	0.89	0.65	0.91	0.85	0.59	0.74	-0.53	0.94		-0.92	0.9	-0.35
Short Term Investments	-0.43	-0.61	-0.86	0.48	-0.09	0.87	-0.18	0.78	-0.4	0.98	-0.11	-0.51	-0.97	-0.26	-0.82	-0.35	-0.96	-0.95	-0.33	-0.6	0.75	-0.96	-0.92		-0.99	0.5
Capital Stock	0.37	0.54	0.88	-0.52	0.03	-0.89	0.11	-0.75	0.34	-0.96	0.06	0.5	0.99	0.21	0.78	0.28	0.97	0.97	0.28	0.56	-0.77	0.97	0.9	-0.99		-0.48
Other Liab	0.26	-0.23	-0.74	0.73	0.25	0.71	0.22	0.46	0.23	0.44	0.24	-0.09	-0.43	0.19	-0.19	0.13	-0.4	-0.46	0.34	0.12	0.76	-0.37	-0.35	0.5	-0.48

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Entourage Health Account Relationship Matchups

Entourage Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	209.8M	171.3M	144.2M	46.5M	31.4M	29.8M
Total Current Liabilities	29.1M	21.7M	116.4M	141.9M	172.3M	180.9M
Total Stockholder Equity	136.1M	74.1M	21.4M	(101.2M)	(147.3M)	(139.9M)
Net Tangible Assets	76.7M	98.9M	69.6M	21.4M	19.3M	18.3M
Retained Earnings	(27.7M)	(117.3M)	(196.2M)	(319.4M)	(365.5M)	(347.3M)
Accounts Payable	23.1M	7.6M	5.1M	2.7M	2.0M	1.9M
Cash	8.2M	22.3M	21.4M	9.1M	11.2M	13.5M
Non Current Assets Total	150.0M	104.5M	82.8M	6.4M	6.0M	5.7M
Net Receivables	6.1M	1.7M	7.6M	3.8M	2.9M	3.5M
Common Stock Shares Outstanding	186.5M	210.3M	304.0M	306.7M	308.4M	236.6M
Non Current Liabilities Total	44.6M	75.5M	6.4M	5.8M	6.4M	6.1M
Inventory	31.3M	30.7M	29.6M	14.8M	10.0M	19.6M
Other Current Assets	2.8M	10.8M	8.1M	707.2K	813.3K	772.6K
Total Liab	73.7M	97.2M	122.8M	147.7M	178.7M	101.5M
Net Invested Capital	180.2M	152.4M	123.8M	32.3M	13.6M	12.9M
Total Current Assets	59.8M	66.3M	61.4M	40.1M	25.4M	36.9M
Net Working Capital	30.6M	45.1M	(55.0M)	(101.8M)	(146.9M)	(139.6M)
Common Stock	79.7M	137.6M	163.2M	185.8M	213.7M	132.1M
Property Plant Equipment	41.0M	112.1M	100.0M	81.7M	94.0M	74.7M
Capital Stock	137.6M	163.2M	185.8M	186.1M	186.2M	172.1M

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