Enerpac Accounts Payable vs Other Stockholder Equity Analysis

EPAC Stock  USD 47.89  0.37  0.78%   
Enerpac Tool financial indicator trend analysis is much more than just examining Enerpac Tool Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerpac Tool Group is a good investment. Please check the relationship between Enerpac Tool Accounts Payable and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerpac Tool Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerpac Tool Group Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Enerpac Tool's Accounts Payable and Other Stockholder Equity is -0.16. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Enerpac Tool Group, assuming nothing else is changed. The correlation between historical values of Enerpac Tool's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Enerpac Tool Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Enerpac Tool's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Enerpac Tool obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Enerpac Tool Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from Enerpac Tool's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerpac Tool Group 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 Enerpac Tool Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Enerpac Tool's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.00, whereas Discontinued Operations is forecasted to decline to (8.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit265.4M295.0M301.0M335.0M
Total Revenue571.2M598.2M589.5M900.3M

Enerpac Tool fundamental ratios Correlations

0.810.390.860.930.910.860.750.190.97-0.410.190.980.810.920.910.41-0.060.930.520.840.020.920.940.820.4
0.810.520.850.550.70.90.70.580.7-0.440.580.820.570.960.720.68-0.280.960.280.870.330.650.740.610.38
0.390.520.70.190.240.370.280.580.19-0.180.580.340.360.450.230.35-0.140.540.110.770.320.120.360.160.33
0.860.850.70.680.680.790.650.460.76-0.430.460.880.660.870.810.55-0.150.940.30.910.320.70.860.660.36
0.930.550.190.680.90.70.64-0.10.97-0.32-0.10.90.780.740.850.170.090.740.60.65-0.190.930.880.810.33
0.910.70.240.680.90.850.72-0.010.91-0.45-0.010.870.670.820.730.3-0.080.80.560.72-0.090.910.860.90.27
0.860.90.370.790.70.850.770.220.8-0.640.220.850.560.930.730.49-0.290.910.310.810.190.840.870.810.26
0.750.70.280.650.640.720.770.320.7-0.110.320.730.770.770.620.64-0.690.750.340.680.080.680.770.580.58
0.190.580.580.46-0.1-0.010.220.320.020.241.00.210.320.430.150.77-0.390.450.030.520.46-0.140.08-0.190.6
0.970.70.190.760.970.910.80.70.02-0.380.020.960.760.850.930.320.020.850.540.69-0.040.960.920.830.31
-0.41-0.44-0.18-0.43-0.32-0.45-0.64-0.110.24-0.380.24-0.430.13-0.42-0.390.16-0.19-0.430.0-0.36-0.13-0.56-0.51-0.630.43
0.190.580.580.46-0.1-0.010.220.321.00.020.240.210.320.430.150.77-0.390.450.030.520.46-0.140.08-0.190.6
0.980.820.340.880.90.870.850.730.210.96-0.430.210.750.910.950.45-0.060.930.510.80.10.920.950.80.37
0.810.570.360.660.780.670.560.770.320.760.130.320.750.720.670.45-0.260.720.580.73-0.210.630.690.50.79
0.920.960.450.870.740.820.930.770.430.85-0.420.430.910.720.820.59-0.220.990.390.880.160.790.840.720.42
0.910.720.230.810.850.730.730.620.150.93-0.390.150.950.670.820.360.030.850.40.650.160.880.90.670.25
0.410.680.350.550.170.30.490.640.770.320.160.770.450.450.590.36-0.570.60.090.520.540.230.390.190.59
-0.06-0.28-0.14-0.150.09-0.08-0.29-0.69-0.390.02-0.19-0.39-0.06-0.26-0.220.03-0.57-0.20.13-0.22-0.210.0-0.160.01-0.41
0.930.960.540.940.740.80.910.750.450.85-0.430.450.930.720.990.850.6-0.20.370.920.220.780.870.720.42
0.520.280.110.30.60.560.310.340.030.540.00.030.510.580.390.40.090.130.370.36-0.480.440.40.450.49
0.840.870.770.910.650.720.810.680.520.69-0.360.520.80.730.880.650.52-0.220.920.360.160.620.770.610.52
0.020.330.320.32-0.19-0.090.190.080.46-0.04-0.130.460.1-0.210.160.160.54-0.210.22-0.480.16-0.020.17-0.12-0.12
0.920.650.120.70.930.910.840.68-0.140.96-0.56-0.140.920.630.790.880.230.00.780.440.62-0.020.940.890.17
0.940.740.360.860.880.860.870.770.080.92-0.510.080.950.690.840.90.39-0.160.870.40.770.170.940.820.3
0.820.610.160.660.810.90.810.58-0.190.83-0.63-0.190.80.50.720.670.190.010.720.450.61-0.120.890.820.07
0.40.380.330.360.330.270.260.580.60.310.430.60.370.790.420.250.59-0.410.420.490.52-0.120.170.30.07
Click cells to compare fundamentals

Enerpac Tool Account Relationship Matchups

Enerpac Tool fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets824.3M820.2M757.9M762.6M777.3M1.0B
Short Long Term Debt Total255M175M204M214.1M194.5M350.5M
Other Current Liab46.4M67.1M72.1M90.1M75.7M79.1M
Total Current Liabilities105.5M134.8M152.4M148.1M129.4M206.8M
Total Stockholder Equity359.2M412.2M319.7M326.6M392.0M376.8M
Property Plant And Equipment Net61.4M48.6M41.4M39.0M40.3M38.3M
Net Debt102.8M34.6M83.3M59.7M27.4M26.0M
Retained Earnings917.7M953.3M967.9M1.0B261.9M248.8M
Cash152.2M140.4M120.7M154.4M167.1M175.4M
Non Current Assets Total483.2M462.8M414.9M407.0M405.1M633.5M
Non Currrent Assets Other78.2M82.1M66.7M64.2M55.4M58.2M
Cash And Short Term Investments152.2M140.4M120.7M154.4M167.1M175.4M
Net Receivables84.2M103.2M106.7M97.6M104.3M134.0M
Common Stock Shares Outstanding60.3M60.4M59.9M57.1M54.9M50.8M
Liabilities And Stockholders Equity824.3M820.2M757.9M762.6M777.3M1.0B
Non Current Liabilities Total359.5M273.3M285.7M287.9M256.0M429.1M
Inventory69.2M75.3M83.7M74.8M72.9M125.0M
Other Current Assets35.6M38.5M31.3M28.8M27.9M27.6M
Other Stockholder Equity(476.8M)(464.8M)(529.9M)(580.0M)231.9M243.5M
Total Liab465.1M408.0M438.1M436.0M385.3M635.9M
Property Plant And Equipment Gross61.4M48.6M155.7M150.6M173.2M105.7M
Total Current Assets341.1M357.4M343.0M355.6M372.3M379.3M
Accumulated Other Comprehensive Income(98.2M)(89.9M)(131.8M)(117.7M)(112.6M)(107.0M)
Short Term Debt11.9M11.9M4M3.8M5M10.0M
Intangible Assets62.4M54.5M41.5M37.3M36.1M34.3M
Accounts Payable45.1M62.0M72.5M50.5M43.4M41.2M
Current Deferred Revenue2.1M3.4M7.4M3.8M5.3M5.1M
Common Stock Total Equity16.3M16.4M16.5M16.6M19.1M10.8M
Common Stock16.5M16.6M16.7M16.8M10.8M11.4M
Good Will281.2M277.6M257.9M266.5M269.6M391.1M
Net Tangible Assets15.7M80.1M20.3M22.8M26.2M27.5M
Long Term Debt255M175M200M210.3M189.3M331.7M
Non Current Liabilities Other82.6M76.1M66.2M61.6M55.4M58.1M
Property Plant Equipment110.1M48.6M41.4M39.0M35.1M33.3M

Also Currently Popular

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 Enerpac Tool Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enerpac Tool's 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 Enerpac Tool Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enerpac Tool Group Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerpac Tool Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Industrial Machinery & Supplies & Components 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 Enerpac Tool. If investors know Enerpac 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 Enerpac Tool 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
0.126
Dividend Share
0.04
Earnings Share
1.5
Revenue Per Share
10.849
Quarterly Revenue Growth
(0.01)
The market value of Enerpac Tool Group is measured differently than its book value, which is the value of Enerpac that is recorded on the company's balance sheet. Investors also form their own opinion of Enerpac Tool's value that differs from its market value or its book value, called intrinsic value, which is Enerpac Tool's 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 Enerpac Tool's market value can be influenced by many factors that don't directly affect Enerpac Tool's 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 Enerpac Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerpac Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerpac Tool's 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.