Enersys Interest Coverage vs Income Quality Analysis

ENS Stock

USD 92.46 0.05 0.05%

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

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

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enersys Interest Coverage account and Income Quality. At this time, the significance of the direction appears to have weak relationship.

The correlation between Enersys' Interest Coverage and Income Quality is 0.35. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Income Quality in the same time period over historical financial statements of Enersys, assuming nothing else is changed. The correlation between historical values of Enersys' Interest Coverage and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Enersys are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Interest Coverage i.e., Enersys' Interest Coverage and Income Quality go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Interest Coverage

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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

For more information on how to buy Enersys Stock please use our How to Invest in Enersys guide.At this time, Enersys' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 35 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 7.62 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	37.8M	59.5M	50.0M	36.4M
Depreciation And Amortization	95.9M	91.2M	92.0M	65.0M

Interest Expense Depreciation And Amortization

Enersys fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.92	0.88	0.58	-0.52	0.58	0.35	-0.76	0.97	0.92	0.91	0.74	0.96	0.87	0.91	0.82	0.94	0.95	0.61	0.9	0.93	0.93	0.69	0.91	0.94	0.44
Total Stockholder Equity	0.92		0.66	0.58	-0.66	0.58	0.52	-0.63	0.79	0.93	0.68	0.81	0.95	0.74	0.9	0.77	0.95	0.81	0.45	0.66	0.85	0.8	0.81	0.68	0.91	0.48
Net Debt	0.88	0.66		0.28	-0.23	0.28	0.08	-0.71	0.95	0.69	0.96	0.52	0.79	0.81	0.78	0.71	0.75	0.94	0.68	0.95	0.81	0.93	0.4	0.96	0.82	0.4
Cash	0.58	0.58	0.28		-0.63	1.0	0.46	-0.65	0.54	0.76	0.5	0.46	0.49	0.61	0.41	0.55	0.5	0.36	0.12	0.53	0.6	0.29	0.67	0.51	0.46	0.1
Other Assets	-0.52	-0.66	-0.23	-0.63		-0.63	-0.97	0.38	-0.39	-0.77	-0.26	-0.56	-0.56	-0.39	-0.38	-0.53	-0.61	-0.28	0.0	-0.27	-0.68	-0.26	-0.96	-0.28	-0.48	-0.2
Cash And Short Term Investments	0.58	0.58	0.28	1.0	-0.63		0.46	-0.65	0.54	0.76	0.5	0.46	0.49	0.61	0.41	0.55	0.5	0.36	0.12	0.53	0.6	0.29	0.67	0.51	0.46	0.1
Common Stock Shares Outstanding	0.35	0.52	0.08	0.46	-0.97	0.46		-0.17	0.21	0.62	0.07	0.48	0.42	0.19	0.21	0.35	0.47	0.13	-0.07	0.08	0.56	0.11	0.88	0.1	0.31	0.09
Other Stockholder Equity	-0.76	-0.63	-0.71	-0.65	0.38	-0.65	-0.17		-0.79	-0.73	-0.81	-0.51	-0.67	-0.78	-0.74	-0.93	-0.67	-0.69	-0.37	-0.81	-0.67	-0.65	-0.55	-0.79	-0.72	-0.67
Total Liab	0.97	0.79	0.95	0.54	-0.39	0.54	0.21	-0.79		0.84	0.98	0.64	0.89	0.88	0.84	0.78	0.85	0.96	0.66	0.98	0.91	0.93	0.55	0.98	0.88	0.39
Total Current Assets	0.92	0.93	0.69	0.76	-0.77	0.76	0.62	-0.73	0.84		0.75	0.73	0.9	0.78	0.79	0.79	0.92	0.75	0.43	0.75	0.94	0.72	0.88	0.76	0.88	0.37
Short Long Term Debt Total	0.91	0.68	0.96	0.5	-0.26	0.5	0.07	-0.81	0.98	0.75		0.53	0.79	0.87	0.79	0.75	0.75	0.93	0.65	1.0	0.82	0.9	0.43	0.99	0.82	0.37
Other Current Liab	0.74	0.81	0.52	0.46	-0.56	0.46	0.48	-0.51	0.64	0.73	0.53		0.83	0.55	0.69	0.67	0.71	0.68	0.23	0.52	0.73	0.69	0.68	0.53	0.63	0.43
Total Current Liabilities	0.96	0.95	0.79	0.49	-0.56	0.49	0.42	-0.67	0.89	0.9	0.79	0.83		0.74	0.91	0.81	0.97	0.9	0.56	0.78	0.91	0.9	0.71	0.79	0.94	0.52
Other Liab	0.87	0.74	0.81	0.61	-0.39	0.61	0.19	-0.78	0.88	0.78	0.87	0.55	0.74		0.79	0.72	0.72	0.84	0.38	0.87	0.77	0.81	0.57	0.88	0.76	0.33
Property Plant And Equipment Net	0.91	0.9	0.78	0.41	-0.38	0.41	0.21	-0.74	0.84	0.79	0.79	0.69	0.91	0.79		0.83	0.89	0.9	0.55	0.76	0.74	0.89	0.61	0.76	0.91	0.66
Retained Earnings	0.82	0.77	0.71	0.55	-0.53	0.55	0.35	-0.93	0.78	0.79	0.75	0.67	0.81	0.72	0.83		0.79	0.76	0.43	0.74	0.74	0.74	0.68	0.74	0.8	0.8
Accounts Payable	0.94	0.95	0.75	0.5	-0.61	0.5	0.47	-0.67	0.85	0.92	0.75	0.71	0.97	0.72	0.89	0.79		0.84	0.56	0.74	0.9	0.83	0.75	0.75	0.97	0.51
Non Current Assets Total	0.95	0.81	0.94	0.36	-0.28	0.36	0.13	-0.69	0.96	0.75	0.93	0.68	0.9	0.84	0.9	0.76	0.84		0.67	0.91	0.83	0.99	0.48	0.92	0.87	0.46
Non Currrent Assets Other	0.61	0.45	0.68	0.12	0.0	0.12	-0.07	-0.37	0.66	0.43	0.65	0.23	0.56	0.38	0.55	0.43	0.56	0.67		0.64	0.52	0.64	0.1	0.66	0.65	0.18
Long Term Debt	0.9	0.66	0.95	0.53	-0.27	0.53	0.08	-0.81	0.98	0.75	1.0	0.52	0.78	0.87	0.76	0.74	0.74	0.91	0.64		0.82	0.88	0.43	1.0	0.8	0.35
Net Receivables	0.93	0.85	0.81	0.6	-0.68	0.6	0.56	-0.67	0.91	0.94	0.82	0.73	0.91	0.77	0.74	0.74	0.9	0.83	0.52	0.82		0.81	0.76	0.84	0.86	0.31
Good Will	0.93	0.8	0.93	0.29	-0.26	0.29	0.11	-0.65	0.93	0.72	0.9	0.69	0.9	0.81	0.89	0.74	0.83	0.99	0.64	0.88	0.81		0.45	0.9	0.86	0.48
Common Stock Total Equity	0.69	0.81	0.4	0.67	-0.96	0.67	0.88	-0.55	0.55	0.88	0.43	0.68	0.71	0.57	0.61	0.68	0.75	0.48	0.1	0.43	0.76	0.45		0.44	0.65	0.36
Non Current Liabilities Total	0.91	0.68	0.96	0.51	-0.28	0.51	0.1	-0.79	0.98	0.76	0.99	0.53	0.79	0.88	0.76	0.74	0.75	0.92	0.66	1.0	0.84	0.9	0.44		0.8	0.33
Inventory	0.94	0.91	0.82	0.46	-0.48	0.46	0.31	-0.72	0.88	0.88	0.82	0.63	0.94	0.76	0.91	0.8	0.97	0.87	0.65	0.8	0.86	0.86	0.65	0.8		0.51
Other Current Assets	0.44	0.48	0.4	0.1	-0.2	0.1	0.09	-0.67	0.39	0.37	0.37	0.43	0.52	0.33	0.66	0.8	0.51	0.46	0.18	0.35	0.31	0.48	0.36	0.33	0.51

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Enersys Account Relationship Matchups

Enersys fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	3.5B	3.7B	3.6B	3.5B	2.4B
Total Stockholder Equity	1.3B	1.5B	1.5B	1.6B	1.8B	1.1B
Net Debt	897.2M	552.6M	896.0M	814.1M	580.9M	382.5M
Cash	327.0M	451.8M	402.5M	346.7M	333.3M	245.7M
Other Assets	139.2M	75.8M	72.3M	85.1M	76.6M	74.3M
Cash And Short Term Investments	327.0M	451.8M	402.5M	346.7M	333.3M	245.7M
Common Stock Shares Outstanding	42.9M	43.2M	42.8M	41.3M	41.4M	45.2M
Liabilities And Stockholders Equity	3.3B	3.5B	3.7B	3.6B	3.5B	2.4B
Other Stockholder Equity	(42M)	(14.7M)	(151.3M)	(147.0M)	(205.9M)	(195.7M)
Total Liab	2.0B	1.9B	2.2B	2.0B	1.7B	1.3B
Total Current Assets	1.6B	1.7B	2.0B	1.9B	1.8B	1.2B
Short Long Term Debt Total	1.2B	1.0B	1.3B	1.2B	914.3M	656.8M
Other Current Liab	233.3M	254.8M	224.1M	229.7M	260.1M	223.1M
Total Current Liabilities	600.3M	677.0M	738.1M	718.3M	723.9M	536.7M
Other Liab	247.3M	241.0M	229.7M	209.1M	240.5M	127.2M
Property Plant And Equipment Net	480.0M	497.1M	503.3M	513.3M	608.9M	413.1M
Retained Earnings	1.6B	1.7B	1.8B	1.9B	2.2B	2.3B
Accounts Payable	281.9M	323.9M	393.1M	378.6M	369.5M	262.4M
Non Current Assets Total	1.7B	1.8B	1.7B	1.7B	1.7B	1.2B
Non Currrent Assets Other	76.6M	67.4M	79.2M	118.8M	19.6M	36.2M
Long Term Debt	1.1B	969.6M	1.2B	1.0B	802.0M	613.7M
Net Receivables	654.3M	661.0M	796.0M	693.4M	584.2M	533.3M
Good Will	663.9M	705.6M	700.6M	676.7M	682.9M	474.3M
Common Stock Total Equity	551K	555K	557K	560K	644K	531.8K
Non Current Liabilities Total	1.4B	1.2B	1.5B	1.3B	985.1M	801.4M
Inventory	519.5M	518.2M	715.7M	797.8M	697.7M	410.3M
Other Current Assets	26.0M	60.3M	79.0M	58.0M	167.5M	175.8M
Property Plant And Equipment Gross	480.0M	497.1M	1.2B	1.3B	1.3B	1.4B
Accumulated Other Comprehensive Income	(215.0M)	(115.9M)	(143.5M)	(183.5M)	(204.9M)	(194.6M)
Short Term Debt	67.8M	56.2M	75.4M	52.0M	50.0M	36.0M
Intangible Assets	455.7M	430.9M	396.2M	360.4M	319.4M	253.8M
Common Stock	551K	555K	557K	560K	564K	535.8K
Property Plant Equipment	480.0M	559.2M	574.3M	598.5M	688.3M	412.3M
Treasury Stock	(564.4M)	(563.5M)	(719.1M)	(741.0M)	(666.9M)	(633.5M)
Net Tangible Assets	180.9M	403.3M	392.5M	563.2M	506.8M	403.2M
Current Deferred Revenue	17.3M	16.0M	27.9M	34.6M	27.6M	17.2M
Noncontrolling Interest In Consolidated Entity	3.5M	3.8M	3.9M	3.6M	3.2M	4.2M
Retained Earnings Total Equity	1.6B	1.7B	1.8B	1.9B	2.2B	1.3B
Long Term Debt Total	1.1B	969.6M	1.2B	1.0B	1.2B	721.9M

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