ENGlobal Net Receivables from 2010 to 2024

ENG Stock  USD 1.33  0.05  3.62%   
ENGlobal's Net Receivables is decreasing over the last several years with slightly volatile swings. Net Receivables is predicted to flatten to about 9.4 M. During the period from 2010 to 2024 ENGlobal Net Receivables regressed destribution of quarterly values had coefficient of variationof  79.01 and r-value of (0.58). View All Fundamentals
 
Net Receivables  
First Reported
1997-03-31
Previous Quarter
7.7 M
Current Value
M
Quarterly Volatility
25.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ENGlobal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ENGlobal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 208.1 K or Selling General Administrative of 18 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.38 or PTB Ratio of 2.92. ENGlobal financial statements analysis is a perfect complement when working with ENGlobal Valuation or Volatility modules.
  
Check out the analysis of ENGlobal Correlation against competitors.
For more detail on how to invest in ENGlobal Stock please use our How to Invest in ENGlobal guide.

Latest ENGlobal's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of ENGlobal over the last few years. It is ENGlobal's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ENGlobal's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

ENGlobal Net Receivables Regression Statistics

Arithmetic Mean22,277,550
Geometric Mean16,809,231
Coefficient Of Variation79.01
Mean Deviation13,836,033
Median14,387,000
Standard Deviation17,601,036
Sample Variance309.8T
Range59.1M
R-Value(0.58)
Mean Square Error220.3T
R-Squared0.34
Significance0.02
Slope(2,294,229)
Total Sum of Squares4337.2T

ENGlobal Net Receivables History

20249.4 M
20239.9 M
202214.2 M
202114.9 M
202011.9 M
201915.3 M
201813.5 M

About ENGlobal Financial Statements

ENGlobal stakeholders use historical fundamental indicators, such as ENGlobal's Net Receivables, to determine how well the company is positioned to perform in the future. Although ENGlobal investors may analyze each financial statement separately, they are all interrelated. For example, changes in ENGlobal's assets and liabilities are reflected in the revenues and expenses on ENGlobal's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ENGlobal. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables9.9 M9.4 M

Currently Active Assets on Macroaxis

When determining whether ENGlobal is a strong investment it is important to analyze ENGlobal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ENGlobal's future performance. For an informed investment choice regarding ENGlobal Stock, refer to the following important reports:
Check out the analysis of ENGlobal Correlation against competitors.
For more detail on how to invest in ENGlobal Stock please use our How to Invest in ENGlobal guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 ENGlobal. If investors know ENGlobal 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 ENGlobal 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
(0.96)
Earnings Share
(1.34)
Revenue Per Share
5.599
Quarterly Revenue Growth
(0.37)
Return On Assets
(0.17)
The market value of ENGlobal is measured differently than its book value, which is the value of ENGlobal that is recorded on the company's balance sheet. Investors also form their own opinion of ENGlobal's value that differs from its market value or its book value, called intrinsic value, which is ENGlobal'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 ENGlobal's market value can be influenced by many factors that don't directly affect ENGlobal'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 ENGlobal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENGlobal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENGlobal'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.