ESE Other Current Liab vs Total Current Liabilities 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 Other Current Liab and its Total Current Liabilities 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESE Entertainment Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ESE Entertainment's Other Current Liab and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Other Current Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of ESE Entertainment are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., ESE Entertainment's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on ESE Entertainment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ESE Entertainment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

0.820.850.710.34-0.820.710.750.790.850.990.79-0.280.880.840.970.90.79-0.040.340.830.930.80.720.71-0.73
0.820.980.180.81-0.770.210.260.671.00.890.67-0.670.980.990.790.510.67-0.540.250.770.560.950.810.93-0.83
0.850.980.270.76-0.860.340.390.780.990.910.78-0.70.950.960.870.60.78-0.530.120.70.610.970.910.84-0.9
0.710.180.27-0.4-0.470.970.970.550.240.610.530.330.30.230.710.930.530.570.260.460.90.220.250.07-0.25
0.340.810.76-0.4-0.51-0.34-0.30.380.780.470.4-0.880.730.780.35-0.040.4-0.89-0.050.380.010.790.660.77-0.69
-0.82-0.77-0.86-0.47-0.51-0.59-0.62-0.97-0.8-0.83-0.980.68-0.76-0.75-0.91-0.75-0.980.450.24-0.41-0.71-0.91-0.94-0.490.97
0.710.210.340.97-0.34-0.591.00.670.270.610.650.170.30.240.760.940.650.430.070.350.870.30.40.03-0.39
0.750.260.390.97-0.3-0.621.00.690.320.660.670.150.350.290.790.960.670.410.10.40.90.350.430.08-0.42
0.790.670.780.550.38-0.970.670.690.710.790.99-0.580.680.660.890.790.99-0.34-0.280.350.750.830.870.38-0.91
0.851.00.990.240.78-0.80.270.320.710.910.71-0.650.990.990.830.560.71-0.510.230.780.60.960.830.91-0.85
0.990.890.910.610.47-0.830.610.660.790.910.78-0.380.930.910.960.840.78-0.160.340.850.870.860.760.79-0.78
0.790.670.780.530.4-0.980.650.670.990.710.78-0.610.680.670.890.781.0-0.38-0.30.340.740.850.890.38-0.93
-0.28-0.67-0.70.33-0.880.680.170.15-0.58-0.65-0.38-0.61-0.56-0.6-0.38-0.03-0.610.960.49-0.05-0.01-0.79-0.8-0.460.83
0.880.980.950.30.73-0.760.30.350.680.990.930.68-0.561.00.830.590.68-0.410.340.850.660.930.750.94-0.79
0.840.990.960.230.78-0.750.240.290.660.990.910.67-0.61.00.80.540.67-0.470.320.820.610.930.760.94-0.79
0.970.790.870.710.35-0.910.760.790.890.830.960.89-0.380.830.80.920.89-0.130.130.690.90.840.820.61-0.83
0.90.510.60.93-0.04-0.750.940.960.790.560.840.78-0.030.590.540.920.780.240.180.60.980.570.580.34-0.59
0.790.670.780.530.4-0.980.650.670.990.710.781.0-0.610.680.670.890.78-0.38-0.310.340.740.850.890.38-0.93
-0.04-0.54-0.530.57-0.890.450.430.41-0.34-0.51-0.16-0.380.96-0.41-0.47-0.130.24-0.380.490.070.24-0.62-0.63-0.390.64
0.340.250.120.26-0.050.240.070.1-0.280.230.34-0.30.490.340.320.130.18-0.310.490.770.3-0.04-0.280.540.29
0.830.770.70.460.38-0.410.350.40.350.780.850.34-0.050.850.820.690.60.340.070.770.70.590.370.88-0.38
0.930.560.610.90.01-0.710.870.90.750.60.870.74-0.010.660.610.90.980.740.240.30.70.590.510.45-0.56
0.80.950.970.220.79-0.910.30.350.830.960.860.85-0.790.930.930.840.570.85-0.62-0.040.590.590.920.78-0.96
0.720.810.910.250.66-0.940.40.430.870.830.760.89-0.80.750.760.820.580.89-0.63-0.280.370.510.920.55-0.98
0.710.930.840.070.77-0.490.030.080.380.910.790.38-0.460.940.940.610.340.38-0.390.540.880.450.780.55-0.57
-0.73-0.83-0.9-0.25-0.690.97-0.39-0.42-0.91-0.85-0.78-0.930.83-0.79-0.79-0.83-0.59-0.930.640.29-0.38-0.56-0.96-0.98-0.57
Click cells to compare fundamentals

ESE Entertainment Account Relationship Matchups

ESE Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets842.1K15.9M21.5M9.1M10.5M8.7M
Other Current Liab82.8K118.0K6.2M1.8M2.1M1.5M
Total Current Liabilities378.5K1.3M13.9M6.4M7.4M4.1M
Total Stockholder Equity463.6K14.5M2.7M3.6M4.1M3.9M
Net Debt(550.0K)(4.6M)5.6M1.2M1.4M1.4M
Retained Earnings(4.0M)(21.2M)(50.6M)(57.0M)(51.3M)(48.7M)
Cash550.0K4.8M812.2K2.1M2.4M1.6M
Cash And Short Term Investments550.0K4.8M1.1M2.1M2.4M1.6M
Common Stock Shares Outstanding26.8M45.5M64.2M72.8M83.7M87.9M
Liabilities And Stockholders Equity842.1K15.9M21.5M9.1M10.5M8.7M
Total Liab378.5K1.4M19.2M6.4M7.4M5.1M
Total Current Assets842.1K6.5M11.8M4.6M5.3M4.4M
Accumulated Other Comprehensive Income6.0K(107.1K)(139.5K)2.2M2.6M2.7M
Common Stock4.1M28.7M44.3M52.3M60.1M63.1M
Accounts Payable180.7K882.8K5.2M1.3M1.5M1.7M
Net Receivables265.6K834.1K9.6M2.3M2.6M2.9M
Other Stockholder Equity355.4K7.1M9.1M6.0M6.9M5.0M
Net Invested Capital463.6K14.5M7.9M6.8M7.8M6.6M
Capital Stock4.1M28.7M44.3M52.3M60.1M63.1M
Net Working Capital463.6K5.2M(2.1M)(1.8M)(1.7M)(1.6M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.