Encore Wire Analysis
Encore Wire holds a debt-to-equity ratio of 0.17. Encore Wire's financial risk is the risk to Encore Wire stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Encore Wire's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Encore Wire's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Encore Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Encore Wire's stakeholders.
For many companies, including Encore Wire, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Encore Wire, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Encore Wire's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Encore Wire's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Encore Wire is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Encore Wire to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Encore Wire is said to be less leveraged. If creditors hold a majority of Encore Wire's assets, the Company is said to be highly leveraged.
Encore Wire is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Encore Wire delisted stock analysis is to determine its intrinsic value, which is an estimate of what Encore Wire is worth, separate from its market price. There are two main types of Encore Wire's stock analysis: fundamental analysis and technical analysis.
The Encore Wire stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Encore Wire's ongoing operational relationships across important fundamental and technical indicators.
Encore |
Encore Stock Analysis Notes
About 93.0% of the company outstanding shares are owned by institutional investors. The book value of Encore Wire was at this time reported as 114.88. The company has Price/Earnings To Growth (PEG) ratio of 2.09. Encore Wire recorded earning per share (EPS) of 19.04. The entity last dividend was issued on the 5th of July 2024. The firm had 3:2 split on the 17th of August 2004. Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. Encore Wire operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 1440 people. For more information please call Daniel Jones at 972 562 9473 or visit https://www.encorewire.com.Encore Wire Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more delisted stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Encore Wire's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Encore Wire or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Encore Wire is not yet fully synchronised with the market data | |
| Encore Wire has some characteristics of a very speculative penny stock | |
| Encore Wire has a very high chance of going through financial distress in the upcoming years | |
| Over 93.0% of the company outstanding shares are owned by institutional investors |
Encore Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.58 B.Encore Profitablity
The company has Profit Margin (PM) of 0.12 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.12 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.12.Encore Wire Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Encore Wire insiders, such as employees or executives, is commonly permitted as long as it does not rely on Encore Wire's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Encore Wire insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Daniel Jones over a year ago Exercise or conversion by Daniel Jones of 30000 shares of Encore Wire subject to Rule 16b-3 |
Encore Wire Outstanding Bonds
Encore Wire issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Encore Wire uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Encore bonds can be classified according to their maturity, which is the date when Encore Wire has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| ENCANA P 65 Corp BondUS292505AD65 | View | |
| ENCANA P 6625 Corp BondUS292505AE49 | View | |
| ENCANA P 65 Corp BondUS292505AG96 | View | |
| OVV 515 15 NOV 41 Corp BondUS292505AK09 | View | |
| ENBRIDGE INC 45 Corp BondUS29250NAJ46 | View | |
| ENBRIDGE INC 425 Corp BondUS29250NAL91 | View |
Encore Wire Debt to Cash Allocation
Many companies such as Encore Wire, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Encore Wire currently holds 220.34 M in liabilities with Debt to Equity (D/E) ratio of 0.17, which may suggest the company is not taking enough advantage from borrowing. Encore Wire has a current ratio of 8.37, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Encore Wire's use of debt, we should always consider it together with its cash and equity.Encore Wire Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Encore Wire's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Encore Wire, which in turn will lower the firm's financial flexibility.Encore Wire Corporate Bonds Issued
Most Encore bonds can be classified according to their maturity, which is the date when Encore Wire has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Other Consideration for investing in Encore Stock
If you are still planning to invest in Encore Wire check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Encore Wire's history and understand the potential risks before investing.
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