Enservco Co Stock Current Ratio

ENSV Stock

USD 0.15 0.01 7.14%

Enservco Co fundamentals help investors to digest information that contributes to Enservco's financial success or failures. It also enables traders to predict the movement of Enservco Stock. The fundamental analysis module provides a way to measure Enservco's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enservco stock.

		Last Reported	Projected for Next Year
	Current Ratio	0.57	0.54

Current Ratio is likely to drop to 0.54 in 2024.

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Enservco Co Company Current Ratio Analysis

Enservco's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Enservco Current Ratio

0.83 X

Most of Enservco's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enservco Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Enservco Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Enservco is extremely important. It helps to project a fair market value of Enservco Stock properly, considering its historical fundamentals such as Current Ratio. Since Enservco's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enservco's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enservco's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Property Plant Equipment	Short Long Term Debt	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.64	0.84	0.42	0.59	0.78	0.91	0.81	0.77	0.09	-0.33	0.07	0.25	0.49	0.71	0.72	-0.04	0.51	0.82	0.1	0.5	0.06	0.3	0.41
Total Stockholder Equity	0.64		0.17	0.73	0.25	0.61	0.29	0.62	0.36	-0.49	0.18	-0.19	-0.36	0.94	0.6	0.65	-0.37	0.64	0.54	-0.5	0.52	0.61	0.38	0.44
Net Debt	0.84	0.17		0.15	0.52	0.53	0.98	0.55	0.75	0.44	-0.51	0.29	0.58	-0.04	0.59	0.54	0.18	0.16	0.64	0.44	0.43	-0.28	0.33	0.29
Retained Earnings	0.42	0.73	0.15		-0.05	0.48	0.19	0.45	0.35	-0.25	0.6	-0.03	-0.2	0.56	0.51	0.59	-0.8	0.46	0.2	-0.37	0.9	0.6	0.62	0.8
Accounts Payable	0.59	0.25	0.52	-0.05		0.67	0.62	0.64	0.58	0.21	-0.4	-0.14	-0.15	0.24	0.24	0.33	0.28	0.36	0.39	0.18	-0.03	-0.17	0.09	0.12
Net Receivables	0.78	0.61	0.53	0.48	0.67		0.65	0.99	0.66	-0.08	0.01	-0.1	0.05	0.54	0.59	0.71	-0.25	0.74	0.51	-0.12	0.47	0.27	0.21	0.52
Total Liab	0.91	0.29	0.98	0.19	0.62	0.65		0.68	0.77	0.39	-0.49	0.24	0.5	0.1	0.6	0.57	0.15	0.3	0.69	0.39	0.41	-0.24	0.3	0.3
Total Current Assets	0.81	0.62	0.55	0.45	0.64	0.99	0.68		0.64	-0.07	-0.02	-0.05	0.1	0.54	0.59	0.67	-0.21	0.75	0.53	-0.1	0.44	0.24	0.19	0.46
Common Stock	0.77	0.36	0.75	0.35	0.58	0.66	0.77	0.64		0.31	-0.19	-0.21	0.21	0.25	0.49	0.66	-0.12	0.18	0.62	0.27	0.53	-0.06	0.17	0.67
Short Term Debt	0.09	-0.49	0.44	-0.25	0.21	-0.08	0.39	-0.07	0.31		-0.19	0.37	0.45	-0.6	-0.43	-0.37	0.18	-0.2	-0.08	0.96	-0.04	-0.89	0.03	0.08
Current Deferred Revenue	-0.33	0.18	-0.51	0.6	-0.4	0.01	-0.49	-0.02	-0.19	-0.19		-0.07	-0.4	0.15	-0.21	-0.08	-0.8	0.16	-0.53	-0.36	0.41	0.47	0.19	0.48
Good Will	0.07	-0.19	0.29	-0.03	-0.14	-0.1	0.24	-0.05	-0.21	0.37	-0.07		0.55	-0.41	-0.02	-0.18	0.18	-0.03	-0.22	0.35	0.14	-0.34	0.53	-0.23
Intangible Assets	0.25	-0.36	0.58	-0.2	-0.15	0.05	0.5	0.1	0.21	0.45	-0.4	0.55		-0.5	0.22	0.12	0.22	-0.1	0.23	0.52	0.14	-0.43	0.03	-0.02
Net Tangible Assets	0.49	0.94	-0.04	0.56	0.24	0.54	0.1	0.54	0.25	-0.6	0.15	-0.41	-0.5		0.46	0.55	-0.32	0.62	0.54	-0.57	0.27	0.62	0.08	0.32
Long Term Debt	0.71	0.6	0.59	0.51	0.24	0.59	0.6	0.59	0.49	-0.43	-0.21	-0.02	0.22	0.46		0.92	-0.13	0.36	0.67	-0.43	0.62	0.56	0.41	0.38
Long Term Debt Total	0.72	0.65	0.54	0.59	0.33	0.71	0.57	0.67	0.66	-0.37	-0.08	-0.18	0.12	0.55	0.92		-0.31	0.4	0.68	-0.37	0.69	0.56	0.33	0.62
Capital Surpluse	-0.04	-0.37	0.18	-0.8	0.28	-0.25	0.15	-0.21	-0.12	0.18	-0.8	0.18	0.22	-0.32	-0.13	-0.31		-0.28	0.05	0.3	-0.67	-0.51	-0.2	-0.76
Deferred Long Term Liab	0.51	0.64	0.16	0.46	0.36	0.74	0.3	0.75	0.18	-0.2	0.16	-0.03	-0.1	0.62	0.36	0.4	-0.28		0.37	-0.2	0.27	0.27	0.15	0.28
Property Plant Equipment	0.82	0.54	0.64	0.2	0.39	0.51	0.69	0.53	0.62	-0.08	-0.53	-0.22	0.23	0.54	0.67	0.68	0.05	0.37		0.02	0.23	0.07	-0.07	0.26
Short Long Term Debt	0.1	-0.5	0.44	-0.37	0.18	-0.12	0.39	-0.1	0.27	0.96	-0.36	0.35	0.52	-0.57	-0.43	-0.37	0.3	-0.2	0.02		-0.16	-0.95	-0.07	-0.04
Net Invested Capital	0.5	0.52	0.43	0.9	-0.03	0.47	0.41	0.44	0.53	-0.04	0.41	0.14	0.14	0.27	0.62	0.69	-0.67	0.27	0.23	-0.16		0.44	0.7	0.84
Net Working Capital	0.06	0.61	-0.28	0.6	-0.17	0.27	-0.24	0.24	-0.06	-0.89	0.47	-0.34	-0.43	0.62	0.56	0.56	-0.51	0.27	0.07	-0.95	0.44		0.21	0.32
Long Term Investments	0.3	0.38	0.33	0.62	0.09	0.21	0.3	0.19	0.17	0.03	0.19	0.53	0.03	0.08	0.41	0.33	-0.2	0.15	-0.07	-0.07	0.7	0.21		0.35
Capital Stock	0.41	0.44	0.29	0.8	0.12	0.52	0.3	0.46	0.67	0.08	0.48	-0.23	-0.02	0.32	0.38	0.62	-0.76	0.28	0.26	-0.04	0.84	0.32	0.35

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Enservco Current Ratio Historical Pattern

Today, most investors in Enservco Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enservco's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Enservco current ratio as a starting point in their analysis.

Enservco Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Enservco

Current Ratio Over Time

Enservco Discontinued Operations

Discontinued Operations

(7,560)

At this time, Enservco's Discontinued Operations is fairly stable compared to the past year.

In accordance with the recently published financial statements, Enservco Co has a Current Ratio of 0.83 times. This is 40.71% lower than that of the Energy Equipment & Services sector and 71.38% lower than that of the Energy industry. The current ratio for all United States stocks is 61.57% higher than that of the company.

Enservco Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enservco's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enservco could also be used in its relative valuation, which is a method of valuing Enservco by comparing valuation metrics of similar companies.

Enservco is currently under evaluation in current ratio category among its peers.

Enservco Fundamentals

	Return On Equity	-2.77
	Return On Asset	-0.15
	Profit Margin	(0.28) %
	Operating Margin	(0.30) %
	Current Valuation	11.7 M
	Shares Outstanding	45.84 M
	Shares Owned By Insiders	22.14 %
	Shares Owned By Institutions	24.06 %
	Number Of Shares Shorted	758.48 K
	Price To Earning	(2.67) X
	Price To Book	4.43 X
	Price To Sales	0.30 X
	Revenue	22.06 M
	Gross Profit	(2 M)
	EBITDA	(1.23 M)
	Net Income	(8.52 M)
	Cash And Equivalents	990 K
	Cash Per Share	0.09 X
	Total Debt	9.68 M
	Debt To Equity	1.37 %
	Current Ratio	0.83 X
	Book Value Per Share	0.04 X
	Cash Flow From Operations	(2.15 M)
	Short Ratio	0.77 X
	Earnings Per Share	(0.29) X
	Price To Earnings To Growth	(0.28) X
	Target Price	5.0
	Number Of Employees	86
	Beta	1.09
	Market Capitalization	6.88 M
	Total Asset	14.59 M
	Retained Earnings	(49.67 M)
	Working Capital	(4.31 M)
	Current Asset	9.45 M
	Current Liabilities	3.35 M
	Net Asset	14.59 M

About Enservco Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enservco Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enservco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enservco Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Enservco Stock Analysis

When running Enservco's price analysis, check to measure Enservco'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 Enservco is operating at the current time. Most of Enservco's value examination focuses on studying past and present price action to predict the probability of Enservco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enservco's price. Additionally, you may evaluate how the addition of Enservco to your portfolios can decrease your overall portfolio volatility.

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