Employers Property Plant Equipment vs Cash Analysis
EIG Stock | USD 53.25 0.46 0.87% |
Employers Holdings financial indicator trend analysis is much more than just examining Employers Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Employers Holdings is a good investment. Please check the relationship between Employers Holdings Property Plant Equipment and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.
Property Plant Equipment vs Cash
Property Plant Equipment vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Employers Holdings Property Plant Equipment account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Employers Holdings' Property Plant Equipment and Cash is -0.57. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash in the same time period over historical financial statements of Employers Holdings, assuming nothing else is changed. The correlation between historical values of Employers Holdings' Property Plant Equipment and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Employers Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant Equipment i.e., Employers Holdings' Property Plant Equipment and Cash go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant Equipment
Cash
Cash refers to the most liquid asset of Employers Holdings, which is listed under current asset account on Employers Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Employers Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Employers Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Employers Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Employers Holdings 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 Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.At this time, Employers Holdings' Selling General Administrative is most likely to decrease significantly in the upcoming years. The Employers Holdings' current Sales General And Administrative To Revenue is estimated to increase to 0.25, while Tax Provision is projected to decrease to roughly 21 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 145.6M | 59.3M | 559.9M | 587.9M | Other Operating Expenses | 556.1M | 657.7M | 850.9M | 537.7M |
Employers Holdings fundamental ratios Correlations
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Employers Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Employers Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 3.9B | 3.8B | 3.7B | 3.6B | 3.9B | |
Total Stockholder Equity | 1.2B | 1.2B | 1.2B | 944.2M | 1.0B | 666.2M | |
Net Debt | (137.1M) | (140.4M) | (58.5M) | 93.3M | (220.5M) | (209.5M) | |
Cash | 154.9M | 160.4M | 75.1M | 89.2M | 226.6M | 237.9M | |
Other Assets | 173.8M | 178.7M | 178.9M | 154.9M | (758.8M) | (796.7M) | |
Cash And Short Term Investments | 154.9M | 187M | 85.6M | 208.3M | 913.2M | 790.2M | |
Common Stock Shares Outstanding | 32.5M | 30.2M | 28.6M | 27.7M | 26.5M | 31.4M | |
Liabilities And Stockholders Equity | 4.0B | 3.9B | 3.8B | 3.7B | 3.6B | 3.9B | |
Other Stockholder Equity | (455.3M) | (555.1M) | (597.3M) | (213.1M) | (285M) | (270.8M) | |
Total Liab | 2.8B | 2.7B | 2.6B | 2.8B | 2.5B | 2.3B | |
Total Current Assets | 993.5M | 936.7M | 828M | 979.4M | 913.2M | 867.5M | |
Other Current Liab | (29.8M) | (22.9M) | (24.1M) | (86.9M) | (92.1M) | (87.5M) | |
Other Liab | 506.4M | 2.3B | 2.2B | 452.6M | 520.5M | 494.5M | |
Retained Earnings | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B | 711.2M | |
Accounts Payable | 37.1M | 29.8M | 22.9M | 28.7M | 26.1M | 25.3M | |
Short Term Investments | 184.3M | 26.6M | 10.5M | 119.1M | 41.3M | 39.2M | |
Property Plant Equipment | 21.9M | 19.1M | 14.7M | 12M | 13.8M | 16.9M | |
Total Current Liabilities | 29.8M | 22.9M | 24.1M | 28.7M | 1.6B | 3.2B | |
Property Plant And Equipment Net | 37.8M | 36.5M | 28.9M | 23.5M | 11.6M | 20.8M | |
Non Current Assets Total | 2.8B | 2.8B | 2.8B | 2.6B | 3.4B | 3.2B | |
Non Currrent Assets Other | (55M) | (15.5M) | (7.7M) | (62.7M) | (217.0M) | (206.1M) | |
Net Receivables | 838.6M | 749.7M | 742.4M | 771.1M | 807.4M | 656.2M | |
Property Plant And Equipment Gross | 13.9M | 18.2M | 37.8M | 36.5M | 42.0M | 44.1M | |
Accumulated Other Comprehensive Income | 65.3M | 115.1M | 60.6M | (138.9M) | (86M) | (81.7M) | |
Non Current Liabilities Total | 154.9M | 160.9M | 138.7M | 28.7M | 2.5B | 2.4B | |
Short Long Term Debt Total | 28M | 28.6M | 25.5M | 182.5M | 5.9M | 5.6M | |
Other Current Assets | 642M | 576.8M | 457.7M | 616M | 657.8M | 690.7M | |
Treasury Stock | (455.3M) | (555.1M) | (597.3M) | (627.7M) | (564.9M) | (593.2M) | |
Common Stock | 389.4M | 397M | 404.9M | 411.3M | 415.2M | 570K | |
Short Term Debt | 5M | 4.3M | 3.4M | 3.5M | 1.8M | 1.7M | |
Intangible Assets | 7.9M | 7.7M | 13.5M | 13.6M | 12.2M | 11.2M | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 894.4M | 1.0B | 869.4M | |
Retained Earnings Total Equity | 1.2B | 1.2B | 1.3B | 1.3B | 1.5B | 896.4M | |
Long Term Debt Total | 23M | 24.3M | 22.1M | 200K | 180K | 171K | |
Capital Surpluse | 396.4M | 404.3M | 410.7M | 414.6M | 476.8M | 403.5M | |
Deferred Long Term Liab | 137.1M | 140.9M | 122.1M | 106.1M | 95.5M | 162.7M | |
Long Term Investments | 2.8B | 2.8B | 2.8B | 2.6B | 2.2B | 2.7B | |
Non Current Liabilities Other | 2.7B | 2.5B | 2.4B | 2.6B | 3.0B | 2.9B |
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When determining whether Employers Holdings is a strong investment it is important to analyze Employers Holdings' 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 Employers Holdings' future performance. For an informed investment choice regarding Employers Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Property & Casualty Insurance 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 Employers Holdings. If investors know Employers 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 Employers Holdings 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 1.246 | Dividend Share 1.16 | Earnings Share 5.31 | Revenue Per Share 35.199 | Quarterly Revenue Growth 0.101 |
The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' 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 Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' 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 Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' 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.