Essent Depreciation vs Free Cash Flow Analysis

ESNT Stock

USD 57.71 0.22 0.38%

Essent financial indicator trend analysis is much more than just examining Essent Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Essent Group is a good investment. Please check the relationship between Essent Depreciation and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essent 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 board of governors.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essent Group Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Essent's Depreciation and Free Cash Flow is -0.49. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Essent Group, assuming nothing else is changed. The correlation between historical values of Essent's Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Essent Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Essent's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Depreciation

Depreciation indicates how much of Essent Group value has been used up. For tax purposes Essent can deduct the cost of the tangible assets it purchases as business expenses. However, Essent Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Essent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Essent 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 Essent 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 board of governors.

Sales General And Administrative To Revenue is likely to gain to 0.12 in 2025, whereas Selling General Administrative is likely to drop slightly above 80.5 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	800.4M	890.3M	1.0B	1.1B
Total Revenue	972.1M	1.1B	1.2B	1.3B

Gross Profit Total Revenue

Essent fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Total Current Liabilities	Net Tangible Assets	Accounts Payable
Common Stock Shares Outstanding		0.76	-0.18	0.75	0.7	0.41	0.83	0.68	-0.3	0.7	0.19	0.04	0.71	0.5	0.78	0.83	0.75	0.88	0.86	0.41	0.33	0.83	0.45	0.86	0.8	0.49
Total Assets	0.76		-0.42	1.0	0.97	0.79	0.81	0.98	0.07	0.82	0.46	0.22	0.95	0.3	0.99	0.74	0.69	0.84	0.9	0.5	0.29	0.74	0.59	0.74	0.91	0.58
Other Current Liab	-0.18	-0.42		-0.41	-0.4	-0.17	-0.34	-0.4	-0.13	-0.24	0.28	0.21	-0.44	-0.6	-0.35	-0.15	-0.63	-0.35	-0.5	-0.61	-0.69	-0.15	-0.51	0.05	-0.56	-0.62
Total Stockholder Equity	0.75	1.0	-0.41		0.98	0.81	0.79	0.99	0.08	0.8	0.47	0.26	0.94	0.26	0.99	0.73	0.66	0.82	0.88	0.5	0.26	0.73	0.6	0.73	0.9	0.56
Other Liab	0.7	0.97	-0.4	0.98		0.83	0.74	0.98	0.11	0.68	0.43	0.39	0.88	0.18	0.97	0.7	0.59	0.77	0.82	0.46	0.16	0.7	0.6	0.68	0.86	0.5
Property Plant And Equipment Net	0.41	0.79	-0.17	0.81	0.83		0.58	0.87	0.02	0.6	0.73	0.45	0.66	-0.3	0.79	0.33	0.15	0.4	0.52	0.54	-0.12	0.33	0.68	0.43	0.62	0.22
Net Debt	0.83	0.81	-0.34	0.79	0.74	0.58		0.78	-0.49	0.69	0.25	0.13	0.77	0.39	0.8	0.5	0.71	0.66	0.8	0.55	0.26	0.5	0.58	0.76	0.79	0.55
Retained Earnings	0.68	0.98	-0.4	0.99	0.98	0.87	0.78		0.07	0.74	0.5	0.36	0.91	0.15	0.97	0.64	0.58	0.73	0.83	0.52	0.15	0.64	0.65	0.68	0.88	0.52
Cash	-0.3	0.07	-0.13	0.08	0.11	0.02	-0.49	0.07		-0.02	0.08	0.07	0.15	-0.06	0.06	0.24	-0.08	0.14	0.04	-0.18	0.02	0.24	-0.11	-0.11	0.06	0.02
Non Current Assets Total	0.7	0.82	-0.24	0.8	0.68	0.6	0.69	0.74	-0.02		0.66	-0.26	0.81	0.26	0.79	0.64	0.59	0.74	0.78	0.43	0.49	0.64	0.38	0.66	0.72	0.61
Non Currrent Assets Other	0.19	0.46	0.28	0.47	0.43	0.73	0.25	0.5	0.08	0.66		0.05	0.36	-0.55	0.46	0.19	-0.19	0.18	0.23	0.14	-0.12	0.19	0.2	0.3	0.24	0.1
Other Assets	0.04	0.22	0.21	0.26	0.39	0.45	0.13	0.36	0.07	-0.26	0.05		0.15	-0.39	0.29	0.07	-0.19	-0.01	0.01	-0.07	-0.78	0.07	0.22	0.23	0.12	-0.31
Long Term Debt	0.71	0.95	-0.44	0.94	0.88	0.66	0.77	0.91	0.15	0.81	0.36	0.15		0.41	0.94	0.73	0.75	0.85	0.9	0.46	0.33	0.73	0.53	0.77	0.89	0.57
Cash And Short Term Investments	0.5	0.3	-0.6	0.26	0.18	-0.3	0.39	0.15	-0.06	0.26	-0.55	-0.39	0.41		0.27	0.48	0.89	0.59	0.55	0.26	0.71	0.49	0.12	0.34	0.47	0.53
Net Receivables	0.78	0.99	-0.35	0.99	0.97	0.79	0.8	0.97	0.06	0.79	0.46	0.29	0.94	0.27		0.76	0.67	0.84	0.88	0.45	0.21	0.76	0.57	0.77	0.89	0.48
Common Stock Total Equity	0.83	0.74	-0.15	0.73	0.7	0.33	0.5	0.64	0.24	0.64	0.19	0.07	0.73	0.48	0.76		0.69	0.95	0.8	0.16	0.32	1.0	0.25	0.78	0.73	0.42
Short Term Investments	0.75	0.69	-0.63	0.66	0.59	0.15	0.71	0.58	-0.08	0.59	-0.19	-0.19	0.75	0.89	0.67	0.69		0.83	0.83	0.43	0.67	0.7	0.36	0.61	0.76	0.67
Other Stockholder Equity	0.88	0.84	-0.35	0.82	0.77	0.4	0.66	0.73	0.14	0.74	0.18	-0.01	0.85	0.59	0.84	0.95	0.83		0.93	0.34	0.46	0.95	0.39	0.81	0.87	0.55
Total Liab	0.86	0.9	-0.5	0.88	0.82	0.52	0.8	0.83	0.04	0.78	0.23	0.01	0.9	0.55	0.88	0.8	0.83	0.93		0.56	0.48	0.8	0.61	0.8	0.98	0.69
Property Plant And Equipment Gross	0.41	0.5	-0.61	0.5	0.46	0.54	0.55	0.52	-0.18	0.43	0.14	-0.07	0.46	0.26	0.45	0.16	0.43	0.34	0.56		0.39	0.16	0.94	0.21	0.64	0.43
Total Current Assets	0.33	0.29	-0.69	0.26	0.16	-0.12	0.26	0.15	0.02	0.49	-0.12	-0.78	0.33	0.71	0.21	0.32	0.67	0.46	0.48	0.39		0.32	0.16	0.06	0.4	0.64
Common Stock	0.83	0.74	-0.15	0.73	0.7	0.33	0.5	0.64	0.24	0.64	0.19	0.07	0.73	0.49	0.76	1.0	0.7	0.95	0.8	0.16	0.32		0.24	0.78	0.73	0.42
Property Plant Equipment	0.45	0.59	-0.51	0.6	0.6	0.68	0.58	0.65	-0.11	0.38	0.2	0.22	0.53	0.12	0.57	0.25	0.36	0.39	0.61	0.94	0.16	0.24		0.32	0.71	0.29
Total Current Liabilities	0.86	0.74	0.05	0.73	0.68	0.43	0.76	0.68	-0.11	0.66	0.3	0.23	0.77	0.34	0.77	0.78	0.61	0.81	0.8	0.21	0.06	0.78	0.32		0.74	0.4
Net Tangible Assets	0.8	0.91	-0.56	0.9	0.86	0.62	0.79	0.88	0.06	0.72	0.24	0.12	0.89	0.47	0.89	0.73	0.76	0.87	0.98	0.64	0.4	0.73	0.71	0.74		0.64
Accounts Payable	0.49	0.58	-0.62	0.56	0.5	0.22	0.55	0.52	0.02	0.61	0.1	-0.31	0.57	0.53	0.48	0.42	0.67	0.55	0.69	0.43	0.64	0.42	0.29	0.4	0.64

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Essent Account Relationship Matchups

Essent fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	106.4M	111.6M	107.7M	107.1M	123.2M	88.6M
Total Assets	5.2B	5.7B	5.7B	6.4B	7.4B	7.8B
Other Current Liab	(302.6M)	(419.8M)	(418.5M)	29.6M	26.6M	28.0M
Total Stockholder Equity	3.9B	4.2B	4.5B	5.1B	5.9B	6.2B
Other Liab	281.0M	305.1M	373.7M	516.1M	593.5M	623.2M
Property Plant And Equipment Net	15.1M	11.9M	19.6M	41.3M	47.5M	49.9M
Net Debt	218.9M	338.3M	339.6M	280.1M	322.2M	338.3M
Retained Earnings	2.2B	2.8B	3.5B	4.1B	4.7B	4.9B
Cash	102.8M	81.5M	81.2M	141.8M	127.6M	72.7M
Non Current Assets Total	4.6B	5.0B	19.6M	4.0B	4.6B	4.9B
Non Currrent Assets Other	(49.4M)	(44.2M)	(4.8B)	3.6B	4.2B	4.4B
Other Assets	(4.1B)	(4.3B)	5.3B	2.2B	2.5B	2.6B
Cash And Short Term Investments	4.7B	5.0B	4.8B	141.8M	163.1M	154.9M
Net Receivables	50.1M	46.2M	57.4M	63.3M	72.8M	76.4M
Short Term Investments	4.6B	5.0B	4.7B	1.8B	2.0B	2.5B
Liabilities And Stockholders Equity	5.2B	5.7B	5.7B	6.4B	7.4B	7.8B
Other Stockholder Equity	1.6B	1.4B	1.4B	1.3B	1.5B	1.1B
Total Liab	1.3B	1.5B	1.3B	1.3B	1.5B	775.4M
Total Current Assets	4.7B	5.1B	390.7M	205.1M	235.8M	224.0M
Accumulated Other Comprehensive Income	138.3M	50.7M	(382.8M)	(280.5M)	(252.4M)	(239.8M)
Common Stock	1.7M	1.6M	1.6M	1.6M	1.8M	1.5M
Property Plant Equipment	17.3M	15.1M	11.9M	19.6M	22.5M	11.5M
Total Current Liabilities	321.7M	419.8M	418.5M	500.3M	575.3M	372.3M
Net Tangible Assets	3.0B	3.9B	4.2B	4.5B	5.1B	2.6B
Accounts Payable	66.5M	87.9M	407.4M	104.5M	120.1M	90.6M
Non Current Liabilities Total	626.8M	373.7M	843.0M	853.5M	981.5M	1.0B
Other Current Assets	1.4B	1.1B	1.3B	2.5B	2.8B	3.0B
Long Term Investments	4.7B	5.0B	4.7B	5.5B	6.4B	3.3B
Short Long Term Debt	321.7M	419.8M	420.9M	421.9M	485.2M	268.1M
Short Term Debt	321.7M	419.8M	420.9M	5.3M	6.1M	5.8M
Intangible Assets	19.9M	15.1M	13.9M	72.8M	83.7M	87.9M
Retained Earnings Total Equity	1.8B	2.2B	2.8B	3.5B	4.0B	4.2B
Inventory	(1.4B)	(1.1B)	(5.8B)	(5.5B)	(4.9B)	(4.7B)
Deferred Long Term Liab	249.6M	305.1M	373.7M	356.8M	410.3M	222.0M
Capital Surpluse	1.1B	1.6B	1.4B	1.4B	1.6B	1.3B
Non Current Liabilities Other	348.2M	625.4M	592.8M	379.4M	436.3M	427.7M
Short Long Term Debt Total	321.7M	419.8M	420.9M	421.9M	485.2M	327.4M

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