ESE Capital Stock vs Cash And Short Term Investments Analysis
ESE Stock | CAD 0.07 0.01 6.67% |
ESE Entertainment financial indicator trend analysis is much more than just examining ESE Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESE Entertainment is a good investment. Please check the relationship between ESE Entertainment Capital Stock and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESE Entertainment. 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.
Capital Stock vs Cash And Short Term Investments
Capital Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESE Entertainment Capital Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between ESE Entertainment's Capital Stock and Cash And Short Term Investments is 0.67. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of ESE Entertainment, assuming nothing else is changed. The correlation between historical values of ESE Entertainment's Capital Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of ESE Entertainment are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Stock i.e., ESE Entertainment's Capital Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of ESE Entertainment balance sheet. This account contains ESE Entertainment investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ESE Entertainment fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from ESE Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESE Entertainment 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 ESE Entertainment. 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, ESE Entertainment's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 12.9 M in 2024, despite the fact that Tax Provision is likely to grow to (48.4 K).
ESE Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
ESE Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ESE Entertainment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 842.1K | 15.9M | 21.5M | 9.1M | 10.5M | 8.7M | |
Other Current Liab | 82.8K | 118.0K | 6.2M | 1.8M | 2.1M | 1.5M | |
Total Current Liabilities | 378.5K | 1.3M | 13.9M | 6.4M | 7.4M | 4.1M | |
Total Stockholder Equity | 463.6K | 14.5M | 2.7M | 3.6M | 4.1M | 3.9M | |
Net Debt | (550.0K) | (4.6M) | 5.6M | 1.2M | 1.4M | 1.4M | |
Retained Earnings | (4.0M) | (21.2M) | (50.6M) | (57.0M) | (51.3M) | (48.7M) | |
Cash | 550.0K | 4.8M | 812.2K | 2.1M | 2.4M | 1.6M | |
Cash And Short Term Investments | 550.0K | 4.8M | 1.1M | 2.1M | 2.4M | 1.6M | |
Common Stock Shares Outstanding | 26.8M | 45.5M | 64.2M | 72.8M | 83.7M | 87.9M | |
Liabilities And Stockholders Equity | 842.1K | 15.9M | 21.5M | 9.1M | 10.5M | 8.7M | |
Total Liab | 378.5K | 1.4M | 19.2M | 6.4M | 7.4M | 5.1M | |
Total Current Assets | 842.1K | 6.5M | 11.8M | 4.6M | 5.3M | 4.4M | |
Accumulated Other Comprehensive Income | 6.0K | (107.1K) | (139.5K) | 2.2M | 2.6M | 2.7M | |
Common Stock | 4.1M | 28.7M | 44.3M | 52.3M | 60.1M | 63.1M | |
Accounts Payable | 180.7K | 882.8K | 5.2M | 1.3M | 1.5M | 1.7M | |
Net Receivables | 265.6K | 834.1K | 9.6M | 2.3M | 2.6M | 2.9M | |
Other Stockholder Equity | 355.4K | 7.1M | 9.1M | 6.0M | 6.9M | 5.0M | |
Net Invested Capital | 463.6K | 14.5M | 7.9M | 6.8M | 7.8M | 6.6M | |
Capital Stock | 4.1M | 28.7M | 44.3M | 52.3M | 60.1M | 63.1M | |
Net Working Capital | 463.6K | 5.2M | (2.1M) | (1.8M) | (1.7M) | (1.6M) |
Thematic Opportunities
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Additional Tools for ESE Stock Analysis
When running ESE Entertainment's price analysis, check to measure ESE Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESE Entertainment is operating at the current time. Most of ESE Entertainment's value examination focuses on studying past and present price action to predict the probability of ESE Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESE Entertainment's price. Additionally, you may evaluate how the addition of ESE Entertainment to your portfolios can decrease your overall portfolio volatility.