Energy Other Stockholder Equity vs Accounts Payable Analysis

ESOA Stock  USD 16.09  0.34  2.16%   
Energy Services financial indicator trend analysis is much more than just examining Energy Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Services is a good investment. Please check the relationship between Energy Services Other Stockholder Equity and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Services Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Energy Services' Other Stockholder Equity and Accounts Payable is -0.31. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Energy Services, assuming nothing else is changed. The correlation between historical values of Energy Services' Other Stockholder Equity and Accounts Payable 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 Stockholder Equity of Energy Services are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Energy Services' Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Energy Services 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 Energy Services 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.
Most indicators from Energy Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Services 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 Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.At present, Energy Services' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 3.6 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.000076.
 2021 2022 2023 2024 (projected)
Gross Profit22.4M36.8M42.3M44.5M
Total Revenue197.6M304.1M349.7M367.2M

Energy Services fundamental ratios Correlations

0.810.830.830.510.830.790.390.770.770.160.270.250.83-0.290.850.840.70.8-0.030.870.780.840.550.170.82
0.810.880.990.140.830.830.120.850.87-0.060.4-0.040.910.020.980.90.910.75-0.30.590.830.850.220.140.85
0.830.880.920.430.920.630.320.870.890.040.40.070.91-0.050.930.930.710.74-0.190.60.830.870.290.090.89
0.830.990.920.20.860.80.190.870.840.020.350.010.91-0.021.00.930.910.73-0.220.630.860.910.290.070.89
0.510.140.430.20.55-0.010.890.370.40.6-0.310.780.43-0.710.260.45-0.010.110.520.70.440.480.770.320.5
0.830.830.920.860.550.570.460.870.870.180.30.30.91-0.30.880.910.660.66-0.040.690.840.870.430.240.89
0.790.830.630.8-0.010.57-0.10.50.62-0.270.45-0.230.640.170.770.620.820.81-0.290.570.520.630.180.170.6
0.390.120.320.190.890.46-0.10.320.250.87-0.60.920.43-0.790.250.490.01-0.160.750.720.540.540.90.30.57
0.770.850.870.870.370.870.50.320.870.180.30.230.91-0.270.890.90.710.63-0.240.590.870.810.30.040.82
0.770.870.890.840.40.870.620.250.87-0.040.490.090.93-0.090.870.850.630.75-0.320.550.770.750.210.360.8
0.16-0.060.040.020.60.18-0.270.870.18-0.04-0.790.90.23-0.770.070.32-0.1-0.440.820.540.460.370.840.080.41
0.270.40.40.35-0.310.30.45-0.60.30.49-0.79-0.670.240.560.330.150.260.76-0.83-0.190.020.02-0.610.050.04
0.25-0.040.070.010.780.3-0.230.920.230.090.9-0.670.28-0.940.070.3-0.11-0.30.760.620.40.350.850.230.37
0.830.910.910.910.430.910.640.430.910.930.230.240.28-0.250.950.970.720.63-0.080.710.930.910.440.30.94
-0.290.02-0.05-0.02-0.71-0.30.17-0.79-0.27-0.09-0.770.56-0.94-0.25-0.08-0.250.050.19-0.64-0.59-0.32-0.31-0.77-0.14-0.29
0.850.980.931.00.260.880.770.250.890.870.070.330.070.95-0.080.960.880.72-0.190.660.890.920.330.120.92
0.840.90.930.930.450.910.620.490.90.850.320.150.30.97-0.250.960.750.580.020.740.970.960.510.150.99
0.70.910.710.91-0.010.660.820.010.710.63-0.10.26-0.110.720.050.880.750.63-0.30.520.680.760.18-0.010.7
0.80.750.740.730.110.660.81-0.160.630.75-0.440.76-0.30.630.190.720.580.63-0.520.430.440.53-0.050.080.5
-0.03-0.3-0.19-0.220.52-0.04-0.290.75-0.24-0.320.82-0.830.76-0.08-0.64-0.190.02-0.3-0.520.40.080.180.770.110.15
0.870.590.60.630.70.690.570.720.590.550.54-0.190.620.71-0.590.660.740.520.430.40.740.80.870.290.78
0.780.830.830.860.440.840.520.540.870.770.460.020.40.93-0.320.890.970.680.440.080.740.910.560.130.96
0.840.850.870.910.480.870.630.540.810.750.370.020.350.91-0.310.920.960.760.530.180.80.910.610.150.97
0.550.220.290.290.770.430.180.90.30.210.84-0.610.850.44-0.770.330.510.18-0.050.770.870.560.610.250.6
0.170.140.090.070.320.240.170.30.040.360.080.050.230.3-0.140.120.15-0.010.080.110.290.130.150.250.2
0.820.850.890.890.50.890.60.570.820.80.410.040.370.94-0.290.920.990.70.50.150.780.960.970.60.2
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Energy Services Account Relationship Matchups

Energy Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.2M70.2M112.6M142.5M163.9M84.9M
Short Long Term Debt Total15.8M17.5M32.2M48.2M55.4M58.2M
Other Current Liab4.2M5.6M11.3M13.1M15.1M15.8M
Total Current Liabilities18.9M24.5M55.3M79.9M91.9M96.5M
Total Stockholder Equity25.8M34.6M38.3M34.6M31.1M26.4M
Other Liab1.9M2.3M2.0M4.5M5.1M5.4M
Net Debt4.6M9.2M24.8M31.7M36.5M19.2M
Retained Earnings(34.8M)(26.0M)(22.2M)(25.7M)(23.1M)(24.3M)
Cash11.2M8.2M7.4M16.4M18.9M19.8M
Long Term Debt11.2M9.0M13.5M18.9M21.7M22.8M
Cash And Short Term Investments11.2M8.2M7.4M16.4M14.8M15.5M
Common Stock Shares Outstanding17.2M13.6M16.3M16.7M19.2M16.0M
Liabilities And Stockholders Equity58.2M70.2M112.6M142.5M163.9M84.9M
Non Current Liabilities Total13.5M11.1M19.0M28.0M32.2M33.8M
Total Liab32.3M35.5M74.3M107.9M124.1M130.3M
Total Current Assets41.8M43.0M70.4M95.2M109.5M114.9M
Short Term Debt4.5M18.4M17.7M27.0M31.1M32.6M
Other Current Assets1.4M1.4M24.4M3.5M3.2M3.0M
Property Plant And Equipment Net16.4M23.0M34.3M39.9M45.8M23.2M
Current Deferred Revenue4.9M3.2M6.0M17.7M20.4M21.4M
Accounts Payable5.2M7.3M20.3M22.0M25.3M26.6M
Non Current Assets Total16.4M27.2M42.2M47.3M42.6M25.3M
Non Currrent Assets Other(1.9M)(2.3M)(27.2M)(42.2M)(48.6M)(51.0M)
Net Receivables27.2M31.2M59.0M75.2M86.5M90.8M
Property Plant Equipment16.8M16.4M23.0M34.3M30.8M15.9M
Net Tangible Assets24.7M25.8M30.4M30.4M34.9M25.8M
Property Plant And Equipment Gross16.4M61.1M75.3M87.7M100.8M53.4M

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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 Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' 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 Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Oil & Gas Equipment & Services 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 Energy Services. If investors know Energy 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 Energy Services 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
4.139
Dividend Share
0.06
Earnings Share
1.45
Revenue Per Share
21.239
Quarterly Revenue Growth
0.005
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' 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 Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' 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 Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' 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.