Enerflex Net Debt vs Long Term Debt Analysis

EFXT Stock

USD 6.68 0.07 1.06%

Enerflex financial indicator trend analysis is much more than just examining Enerflex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerflex is a good investment. Please check the relationship between Enerflex Net Debt and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerflex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerflex Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Enerflex's Net Debt and Long Term Debt is 0.84. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Enerflex, assuming nothing else is changed. The correlation between historical values of Enerflex's Net Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Enerflex are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Enerflex's Net Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Debt

Long-term debt is a debt that Enerflex has held for over one year. Long-term debt appears on Enerflex balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Enerflex balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Enerflex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerflex 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 Enerflex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.At this time, Enerflex's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 5.55 in 2024, whereas Tax Provision is likely to drop slightly above 29.6 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	20.3M	49.4M	158.8M	166.7M
Depreciation And Amortization	87.6M	128.3M	267.5M	280.9M

Interest Expense Depreciation And Amortization

Enerflex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.89	0.79	0.91	0.84	0.97	0.62	0.86	-0.11	0.95	0.23	0.98	0.61	0.27	0.88	0.5	0.83	0.9	0.6	0.74	0.17	0.88	0.88	0.56	0.79	0.93
Short Long Term Debt Total	0.89		0.93	0.82	0.73	0.85	0.54	0.99	-0.16	0.86	0.19	0.87	0.5	0.22	0.76	0.45	0.75	1.0	0.51	0.92	0.15	0.99	0.79	0.77	0.77	0.83
Other Current Liab	0.79	0.93		0.78	0.62	0.76	0.56	0.94	-0.13	0.79	0.09	0.75	0.4	0.12	0.7	0.27	0.73	0.92	0.53	0.97	0.13	0.95	0.74	0.69	0.69	0.75
Total Current Liabilities	0.91	0.82	0.78		0.57	0.81	0.86	0.78	-0.2	0.95	0.3	0.83	0.5	0.34	0.92	0.35	0.76	0.82	0.67	0.78	0.14	0.85	0.95	0.48	0.87	0.79
Total Stockholder Equity	0.84	0.73	0.62	0.57		0.89	0.22	0.71	0.01	0.69	0.17	0.88	0.5	0.19	0.66	0.56	0.75	0.76	0.27	0.53	0.21	0.69	0.6	0.46	0.38	0.87
Property Plant And Equipment Net	0.97	0.85	0.76	0.81	0.89		0.44	0.83	0.05	0.91	0.13	0.97	0.63	0.16	0.8	0.41	0.82	0.86	0.62	0.7	0.08	0.81	0.81	0.52	0.69	0.95
Current Deferred Revenue	0.62	0.54	0.56	0.86	0.22	0.44		0.49	-0.4	0.66	0.36	0.51	0.24	0.39	0.77	0.3	0.53	0.53	0.44	0.6	0.29	0.63	0.77	0.27	0.69	0.45
Net Debt	0.86	0.99	0.94	0.78	0.71	0.83	0.49		-0.18	0.82	0.05	0.85	0.45	0.08	0.71	0.45	0.76	0.99	0.51	0.93	0.2	0.97	0.73	0.79	0.73	0.81
Retained Earnings	-0.11	-0.16	-0.13	-0.2	0.01	0.05	-0.4	-0.18		-0.03	0.1	-0.16	0.2	0.1	-0.15	-0.63	-0.32	-0.15	0.43	-0.22	-0.86	-0.19	0.03	-0.25	-0.16	-0.1
Accounts Payable	0.95	0.86	0.79	0.95	0.69	0.91	0.66	0.82	-0.03		0.3	0.89	0.61	0.33	0.9	0.3	0.76	0.87	0.71	0.76	0.01	0.87	0.94	0.47	0.85	0.88
Cash	0.23	0.19	0.09	0.3	0.17	0.13	0.36	0.05	0.1	0.3		0.12	0.31	1.0	0.34	0.01	-0.02	0.2	-0.02	0.09	-0.27	0.24	0.45	-0.05	0.26	0.19
Non Current Assets Total	0.98	0.87	0.75	0.83	0.88	0.97	0.51	0.85	-0.16	0.89	0.12		0.62	0.15	0.78	0.6	0.82	0.88	0.51	0.7	0.27	0.83	0.76	0.58	0.74	0.92
Non Currrent Assets Other	0.61	0.5	0.4	0.5	0.5	0.63	0.24	0.45	0.2	0.61	0.31	0.62		0.3	0.3	0.14	0.18	0.51	0.55	0.36	-0.06	0.46	0.47	0.09	0.67	0.55
Cash And Short Term Investments	0.27	0.22	0.12	0.34	0.19	0.16	0.39	0.08	0.1	0.33	1.0	0.15	0.3		0.38	0.01	0.03	0.23	0.0	0.12	-0.27	0.27	0.48	-0.02	0.29	0.23
Net Receivables	0.88	0.76	0.7	0.92	0.66	0.8	0.77	0.71	-0.15	0.9	0.34	0.78	0.3	0.38		0.37	0.8	0.77	0.53	0.67	0.11	0.8	0.95	0.43	0.67	0.81
Good Will	0.5	0.45	0.27	0.35	0.56	0.41	0.3	0.45	-0.63	0.3	0.01	0.6	0.14	0.01	0.37		0.45	0.46	-0.21	0.23	0.72	0.42	0.2	0.44	0.27	0.37
Common Stock Shares Outstanding	0.83	0.75	0.73	0.76	0.75	0.82	0.53	0.76	-0.32	0.76	-0.02	0.82	0.18	0.03	0.8	0.45		0.76	0.33	0.74	0.36	0.76	0.69	0.61	0.49	0.88
Non Current Liabilities Total	0.9	1.0	0.92	0.82	0.76	0.86	0.53	0.99	-0.15	0.87	0.2	0.88	0.51	0.23	0.77	0.46	0.76		0.51	0.91	0.16	0.99	0.8	0.75	0.76	0.85
Inventory	0.6	0.51	0.53	0.67	0.27	0.62	0.44	0.51	0.43	0.71	-0.02	0.51	0.55	0.0	0.53	-0.21	0.33	0.51		0.51	-0.38	0.52	0.69	0.21	0.7	0.49
Other Current Assets	0.74	0.92	0.97	0.78	0.53	0.7	0.6	0.93	-0.22	0.76	0.09	0.7	0.36	0.12	0.67	0.23	0.74	0.91	0.51		0.17	0.94	0.72	0.72	0.7	0.73
Other Stockholder Equity	0.17	0.15	0.13	0.14	0.21	0.08	0.29	0.2	-0.86	0.01	-0.27	0.27	-0.06	-0.27	0.11	0.72	0.36	0.16	-0.38	0.17		0.17	-0.09	0.12	0.03	0.17
Total Liab	0.88	0.99	0.95	0.85	0.69	0.81	0.63	0.97	-0.19	0.87	0.24	0.83	0.46	0.27	0.8	0.42	0.76	0.99	0.52	0.94	0.17		0.83	0.73	0.77	0.81
Total Current Assets	0.88	0.79	0.74	0.95	0.6	0.81	0.77	0.73	0.03	0.94	0.45	0.76	0.47	0.48	0.95	0.2	0.69	0.8	0.69	0.72	-0.09	0.83		0.42	0.78	0.79
Short Term Debt	0.56	0.77	0.69	0.48	0.46	0.52	0.27	0.79	-0.25	0.47	-0.05	0.58	0.09	-0.02	0.43	0.44	0.61	0.75	0.21	0.72	0.12	0.73	0.42		0.5	0.51
Intangible Assets	0.79	0.77	0.69	0.87	0.38	0.69	0.69	0.73	-0.16	0.85	0.26	0.74	0.67	0.29	0.67	0.27	0.49	0.76	0.7	0.7	0.03	0.77	0.78	0.5		0.64
Common Stock	0.93	0.83	0.75	0.79	0.87	0.95	0.45	0.81	-0.1	0.88	0.19	0.92	0.55	0.23	0.81	0.37	0.88	0.85	0.49	0.73	0.17	0.81	0.79	0.51	0.64

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Enerflex Account Relationship Matchups

Enerflex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.2B	2.2B	4.3B	3.9B	2.5B
Short Long Term Debt Total	497.5M	451.6M	388.4M	1.5B	1.3B	1.4B
Other Current Liab	39.4M	19.2M	22.7M	115.1M	125.3M	131.5M
Total Current Liabilities	517.5M	287.6M	355.4M	1.1B	1.1B	596.1M
Total Stockholder Equity	1.3B	1.4B	1.4B	1.5B	1.4B	1.3B
Property Plant And Equipment Net	810.9M	794.6M	756.6M	1.5B	1.4B	697.7M
Current Deferred Revenue	143.0M	35.4M	84.6M	366.1M	392.4M	215.0M
Net Debt	401.2M	356.0M	215.7M	1.2B	1.2B	1.2B
Retained Earnings	228.8M	301.0M	275.0M	164.2M	40.9M	38.8M
Accounts Payable	320.9M	178.3M	234.2M	610.6M	550.6M	313.1M
Cash	96.3M	95.7M	172.8M	253.8M	126.1M	188.6M
Non Current Assets Total	1.5B	1.6B	1.5B	2.8B	2.5B	1.5B
Non Currrent Assets Other	198K	93.3M	112.4M	505.8M	13.9M	13.2M
Cash And Short Term Investments	96.3M	95.7M	172.8M	253.8M	140.5M	189.6M
Net Receivables	574.5M	306.9M	313.9M	708.3M	817.4M	483.3M
Good Will	573.9M	576.0M	566.3M	679.4M	571.8M	591.2M
Common Stock Shares Outstanding	89.1M	89.7M	89.7M	97.0M	123.8M	94.1M
Liabilities And Stockholders Equity	2.4B	2.2B	2.2B	4.3B	3.9B	2.5B
Non Current Liabilities Total	574.2M	495.3M	482.3M	1.6B	1.4B	1.4B
Inventory	269.4M	212.3M	208.9M	411.3M	389.4M	208.1M
Other Current Assets	12.2M	9.0M	13.9M	72.7M	86.4M	90.7M
Other Stockholder Equity	655.1M	656.8M	658.6M	660.1M	660.0M	686.1M
Total Liab	1.1B	782.9M	837.7M	2.7B	2.5B	2.6B
Total Current Assets	952.6M	624.3M	709.7M	1.4B	1.4B	983.9M
Accumulated Other Comprehensive Income	81.8M	63.3M	44.7M	128.8M	101.5M	68.1M
Short Term Debt	14.2M	54.7M	13.9M	47.2M	78.4M	82.3M
Intangible Assets	22.1M	16.5M	10.1M	102.8M	73.2M	41.6M
Common Stock	357.7M	366.1M	375.5M	589.8M	591.6M	393.0M
Other Assets	49.3M	141.5M	121.7M	525.2M	1.0	0.95
Other Liab	91.0M	98.4M	107.8M	151.6M	174.3M	113.8M
Net Tangible Assets	745.3M	804.1M	777.4M	760.8M	874.9M	823.0M
Long Term Debt	430.5M	349.7M	331.4M	1.4B	1.2B	748.3M
Net Invested Capital	1.8B	1.8B	1.7B	2.9B	2.6B	2.3B
Long Term Investments	26.2M	26.6M	27.1M	35.0M	37.5M	31.8M
Non Current Liabilities Other	14.7M	11.0M	15.8M	21.8M	18.1M	17.9M
Net Working Capital	435.1M	336.8M	354.3M	307.1M	287.1M	291.5M
Property Plant Equipment	810.9M	794.6M	756.6M	1.5B	1.7B	983.5M

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