ESE Cash vs Net Debt Analysis

ESE Stock

CAD 0.07 0.01 16.67%

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 Cash and its Net Debt 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.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESE Entertainment Cash account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ESE Entertainment's Cash and Net Debt is -0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt 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 Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of ESE Entertainment are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., ESE Entertainment's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

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Cash

Cash refers to the most liquid asset of ESE Entertainment, which is listed under current asset account on ESE Entertainment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ESE Entertainment customers. The amounts must be unrestricted with restricted cash listed in a different ESE Entertainment 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Accounts Payable	Net Receivables	Other Stockholder Equity	Net Invested Capital	Capital Stock	Net Working Capital	Current Deferred Revenue	Inventory	Other Current Assets	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Non Currrent Assets Other
Total Assets		0.82	0.85	0.71	0.34	-0.82	0.71	0.75	0.79	0.85	0.99	0.79	-0.28	0.88	0.84	0.97	0.9	0.79	-0.04	0.34	0.83	0.93	0.8	0.72	0.71	-0.73
Other Current Liab	0.82		0.98	0.18	0.81	-0.77	0.21	0.26	0.67	1.0	0.89	0.67	-0.67	0.98	0.99	0.79	0.51	0.67	-0.54	0.25	0.77	0.56	0.95	0.81	0.93	-0.83
Total Current Liabilities	0.85	0.98		0.27	0.76	-0.86	0.34	0.39	0.78	0.99	0.91	0.78	-0.7	0.95	0.96	0.87	0.6	0.78	-0.53	0.12	0.7	0.61	0.97	0.91	0.84	-0.9
Total Stockholder Equity	0.71	0.18	0.27		-0.4	-0.47	0.97	0.97	0.55	0.24	0.61	0.53	0.33	0.3	0.23	0.71	0.93	0.53	0.57	0.26	0.46	0.9	0.22	0.25	0.07	-0.25
Net Debt	0.34	0.81	0.76	-0.4		-0.51	-0.34	-0.3	0.38	0.78	0.47	0.4	-0.88	0.73	0.78	0.35	-0.04	0.4	-0.89	-0.05	0.38	0.01	0.79	0.66	0.77	-0.69
Retained Earnings	-0.82	-0.77	-0.86	-0.47	-0.51		-0.59	-0.62	-0.97	-0.8	-0.83	-0.98	0.68	-0.76	-0.75	-0.91	-0.75	-0.98	0.45	0.24	-0.41	-0.71	-0.91	-0.94	-0.49	0.97
Cash	0.71	0.21	0.34	0.97	-0.34	-0.59		1.0	0.67	0.27	0.61	0.65	0.17	0.3	0.24	0.76	0.94	0.65	0.43	0.07	0.35	0.87	0.3	0.4	0.03	-0.39
Cash And Short Term Investments	0.75	0.26	0.39	0.97	-0.3	-0.62	1.0		0.69	0.32	0.66	0.67	0.15	0.35	0.29	0.79	0.96	0.67	0.41	0.1	0.4	0.9	0.35	0.43	0.08	-0.42
Common Stock Shares Outstanding	0.79	0.67	0.78	0.55	0.38	-0.97	0.67	0.69		0.71	0.79	0.99	-0.58	0.68	0.66	0.89	0.79	0.99	-0.34	-0.28	0.35	0.75	0.83	0.87	0.38	-0.91
Total Liab	0.85	1.0	0.99	0.24	0.78	-0.8	0.27	0.32	0.71		0.91	0.71	-0.65	0.99	0.99	0.83	0.56	0.71	-0.51	0.23	0.78	0.6	0.96	0.83	0.91	-0.85
Total Current Assets	0.99	0.89	0.91	0.61	0.47	-0.83	0.61	0.66	0.79	0.91		0.78	-0.38	0.93	0.91	0.96	0.84	0.78	-0.16	0.34	0.85	0.87	0.86	0.76	0.79	-0.78
Common Stock	0.79	0.67	0.78	0.53	0.4	-0.98	0.65	0.67	0.99	0.71	0.78		-0.61	0.68	0.67	0.89	0.78	1.0	-0.38	-0.3	0.34	0.74	0.85	0.89	0.38	-0.93
Net Tangible Assets	-0.28	-0.67	-0.7	0.33	-0.88	0.68	0.17	0.15	-0.58	-0.65	-0.38	-0.61		-0.56	-0.6	-0.38	-0.03	-0.61	0.96	0.49	-0.05	-0.01	-0.79	-0.8	-0.46	0.83
Accounts Payable	0.88	0.98	0.95	0.3	0.73	-0.76	0.3	0.35	0.68	0.99	0.93	0.68	-0.56		1.0	0.83	0.59	0.68	-0.41	0.34	0.85	0.66	0.93	0.75	0.94	-0.79
Net Receivables	0.84	0.99	0.96	0.23	0.78	-0.75	0.24	0.29	0.66	0.99	0.91	0.67	-0.6	1.0		0.8	0.54	0.67	-0.47	0.32	0.82	0.61	0.93	0.76	0.94	-0.79
Other Stockholder Equity	0.97	0.79	0.87	0.71	0.35	-0.91	0.76	0.79	0.89	0.83	0.96	0.89	-0.38	0.83	0.8		0.92	0.89	-0.13	0.13	0.69	0.9	0.84	0.82	0.61	-0.83
Net Invested Capital	0.9	0.51	0.6	0.93	-0.04	-0.75	0.94	0.96	0.79	0.56	0.84	0.78	-0.03	0.59	0.54	0.92		0.78	0.24	0.18	0.6	0.98	0.57	0.58	0.34	-0.59
Capital Stock	0.79	0.67	0.78	0.53	0.4	-0.98	0.65	0.67	0.99	0.71	0.78	1.0	-0.61	0.68	0.67	0.89	0.78		-0.38	-0.31	0.34	0.74	0.85	0.89	0.38	-0.93
Net Working Capital	-0.04	-0.54	-0.53	0.57	-0.89	0.45	0.43	0.41	-0.34	-0.51	-0.16	-0.38	0.96	-0.41	-0.47	-0.13	0.24	-0.38		0.49	0.07	0.24	-0.62	-0.63	-0.39	0.64
Current Deferred Revenue	0.34	0.25	0.12	0.26	-0.05	0.24	0.07	0.1	-0.28	0.23	0.34	-0.3	0.49	0.34	0.32	0.13	0.18	-0.31	0.49		0.77	0.3	-0.04	-0.28	0.54	0.29
Inventory	0.83	0.77	0.7	0.46	0.38	-0.41	0.35	0.4	0.35	0.78	0.85	0.34	-0.05	0.85	0.82	0.69	0.6	0.34	0.07	0.77		0.7	0.59	0.37	0.88	-0.38
Other Current Assets	0.93	0.56	0.61	0.9	0.01	-0.71	0.87	0.9	0.75	0.6	0.87	0.74	-0.01	0.66	0.61	0.9	0.98	0.74	0.24	0.3	0.7		0.59	0.51	0.45	-0.56
Short Long Term Debt Total	0.8	0.95	0.97	0.22	0.79	-0.91	0.3	0.35	0.83	0.96	0.86	0.85	-0.79	0.93	0.93	0.84	0.57	0.85	-0.62	-0.04	0.59	0.59		0.92	0.78	-0.96
Other Liab	0.72	0.81	0.91	0.25	0.66	-0.94	0.4	0.43	0.87	0.83	0.76	0.89	-0.8	0.75	0.76	0.82	0.58	0.89	-0.63	-0.28	0.37	0.51	0.92		0.55	-0.98
Property Plant And Equipment Net	0.71	0.93	0.84	0.07	0.77	-0.49	0.03	0.08	0.38	0.91	0.79	0.38	-0.46	0.94	0.94	0.61	0.34	0.38	-0.39	0.54	0.88	0.45	0.78	0.55		-0.57
Non Currrent Assets Other	-0.73	-0.83	-0.9	-0.25	-0.69	0.97	-0.39	-0.42	-0.91	-0.85	-0.78	-0.93	0.83	-0.79	-0.79	-0.83	-0.59	-0.93	0.64	0.29	-0.38	-0.56	-0.96	-0.98	-0.57

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ESE Entertainment Account Relationship Matchups

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)

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