Ensign Capex To Revenue from 2010 to 2024
| ENSG Stock | USD 116.89 0.34 0.29% |
Capex To Revenue | First Reported 2010-12-31 | Previous Quarter (0.03) | Current Value (0.03) | Quarterly Volatility 0.01081459 |
Check Ensign financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ensign main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 8.2 M or Total Revenue of 3.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.002 or PTB Ratio of 7.38. Ensign financial statements analysis is a perfect complement when working with Ensign Valuation or Volatility modules.
Ensign | Capex To Revenue |
Latest Ensign's Capex To Revenue Growth Pattern
Below is the plot of the Capex To Revenue of The Ensign Group over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Ensign's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ensign's overall financial position and show how it may be relating to other accounts over time.
| Capex To Revenue | 10 Years Trend |
|
Capex To Revenue |
| Timeline |
Ensign Capex To Revenue Regression Statistics
| Arithmetic Mean | (0.03) | |
| Coefficient Of Variation | (31.40) | |
| Mean Deviation | 0.01 | |
| Median | (0.03) | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.0001 | |
| Range | 0.0349 | |
| R-Value | 0.47 | |
| Mean Square Error | 0.000098 | |
| R-Squared | 0.22 | |
| Significance | 0.08 | |
| Slope | 0 | |
| Total Sum of Squares | 0 |
Ensign Capex To Revenue History
About Ensign Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ensign income statement, its balance sheet, and the statement of cash flows. Ensign investors use historical funamental indicators, such as Ensign's Capex To Revenue, to determine how well the company is positioned to perform in the future. Although Ensign investors may use each financial statement separately, they are all related. The changes in Ensign's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ensign's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ensign Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ensign. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Capex To Revenue | (0.03) | (0.03) |
Pair Trading with Ensign
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ensign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ensign will appreciate offsetting losses from the drop in the long position's value.Moving against Ensign Stock
| 0.67 | GKOS | Glaukos Corp | PairCorr |
| 0.67 | INSP | Inspire Medical Systems Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Ensign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ensign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ensign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Ensign Group to buy it.
The correlation of Ensign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ensign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ensign Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ensign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Ensign Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Ensign Stock analysis
When running Ensign's price analysis, check to measure Ensign'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 Ensign is operating at the current time. Most of Ensign's value examination focuses on studying past and present price action to predict the probability of Ensign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensign's price. Additionally, you may evaluate how the addition of Ensign to your portfolios can decrease your overall portfolio volatility.
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Is Ensign's industry 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 Ensign. If investors know Ensign 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 Ensign 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 0.133 | Dividend Share 0.235 | Earnings Share 3.79 | Revenue Per Share 68.838 | Quarterly Revenue Growth 0.139 |
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign's 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 Ensign's market value can be influenced by many factors that don't directly affect Ensign's 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 Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign's 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.