Ensign Intangible Assets vs Other Stockholder Equity Analysis
ENSG Stock | USD 145.68 3.11 2.09% |
Ensign financial indicator trend analysis is much more than just examining Ensign Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ensign Group is a good investment. Please check the relationship between Ensign Intangible Assets and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Intangible Assets vs Other Stockholder Equity
Intangible Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ensign Group Intangible Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ensign's Intangible Assets and Other Stockholder Equity is 0.47. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of The Ensign Group, assuming nothing else is changed. The correlation between historical values of Ensign's Intangible Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of The Ensign Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Intangible Assets i.e., Ensign's Intangible Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Other Stockholder Equity
Most indicators from Ensign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ensign Group 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 The Ensign Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Ensign's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Ensign's current Enterprise Value Multiple is estimated to increase to 22.63, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 468.2M | 518.0M | 590.8M | 620.3M | Total Revenue | 2.6B | 3.0B | 3.7B | 3.9B |
Ensign fundamental ratios Correlations
Click cells to compare fundamentals
Ensign Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ensign fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 2.5B | 2.9B | 3.5B | 4.2B | 4.4B | |
Short Long Term Debt Total | 1.3B | 1.1B | 1.3B | 1.6B | 1.9B | 2.0B | |
Total Stockholder Equity | 656.1M | 818.2M | 1.0B | 1.2B | 1.5B | 1.6B | |
Net Debt | 1.3B | 877.4M | 1.0B | 1.3B | 1.4B | 1.4B | |
Cash | 59.2M | 236.6M | 262.2M | 316.3M | 509.6M | 535.1M | |
Other Assets | 44.9M | 1.1B | 80.2M | 76.9M | 88.5M | 110.8M | |
Cash And Short Term Investments | 76.9M | 250.0M | 276.0M | 331.7M | 526.9M | 553.2M | |
Common Stock Shares Outstanding | 56.0M | 55.8M | 56.9M | 56.9M | 57.3M | 50.2M | |
Liabilities And Stockholders Equity | 2.4B | 2.5B | 2.9B | 3.5B | 4.2B | 4.4B | |
Non Current Liabilities Total | 1.4B | 1.2B | 1.3B | 1.6B | 1.9B | 2.0B | |
Other Stockholder Equity | 264.6M | 267.0M | 286.7M | 300.9M | 349.2M | 193.2M | |
Total Liab | 1.7B | 1.7B | 1.8B | 2.2B | 2.7B | 2.8B | |
Total Current Assets | 411.1M | 583.0M | 639.7M | 781.1M | 1.0B | 1.1B | |
Other Current Liab | 239.8M | 451.1M | 366.3M | 370.7M | 524.1M | 550.3M | |
Total Current Liabilities | 343.2M | 562.4M | 523.1M | 582.1M | 734.7M | 771.5M | |
Property Plant And Equipment Net | 1.8B | 1.8B | 2.0B | 2.4B | 2.8B | 3.0B | |
Retained Earnings | 391.5M | 551.1M | 734.0M | 946.3M | 1.1B | 1.2B | |
Accounts Payable | 45.0M | 50.9M | 58.1M | 77.1M | 92.8M | 97.5M | |
Non Current Assets Total | 2.0B | 2.0B | 2.2B | 2.7B | 3.1B | 3.3B | |
Non Currrent Assets Other | 40.3M | 33.3M | 47.0M | (67.5B) | 40.2M | 42.2M | |
Net Receivables | 309.0M | 305.1M | 328.7M | 408.4M | 485.0M | 509.3M | |
Common Stock Total Equity | 55K | 56K | 58K | 59K | 67.9K | 39.2K | |
Other Current Assets | 42.9M | 1.2M | 35.0M | 41.0M | 35.0M | 32.2M | |
Property Plant And Equipment Gross | 1.8B | 1.8B | 2.0B | 2.4B | 3.2B | 3.4B | |
Short Term Debt | 47.7M | 51.1M | 108.1M | 135.5M | 169.0M | 177.5M | |
Intangible Assets | 6.5M | 6.6M | 6.4M | 6.4M | 6.5M | 6.2M | |
Common Stock | 55K | 56K | 58K | 59K | 60K | 40.6K | |
Other Liab | 63.4M | 102.1M | 96.4M | 116.8M | 134.3M | 141.0M | |
Long Term Debt | 325.2M | 112.5M | 152.9M | 149.3M | 145.5M | 179.4M | |
Property Plant Equipment | 767.6M | 778.2M | 2.0B | 992.0M | 1.1B | 572.6M | |
Current Deferred Revenue | 10.7M | 10.3M | 9.3M | 9.7M | 10.8M | 8.7M | |
Net Tangible Assets | 593.3M | 757.0M | 953.9M | 1.2B | 1.3B | 1.4B | |
Noncontrolling Interest In Consolidated Entity | 1.9M | 150K | 946K | 1.5M | 1.7M | 2.5M | |
Retained Earnings Total Equity | 391.5M | 551.1M | 734.0M | 946.3M | 1.1B | 1.1B | |
Short Term Investments | 17.8M | 13.4M | 13.8M | 15.4M | 17.2M | 11.0M |
Currently Active Assets on Macroaxis
When determining whether Ensign Group is a strong investment it is important to analyze Ensign'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 Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Health Care Providers & 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 Ensign. If investors know Ensign 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 Ensign 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 0.207 | Dividend Share 0.24 | Earnings Share 4.05 | Revenue Per Share 72.801 | Quarterly Revenue Growth 0.15 |
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign'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 Ensign's market value can be influenced by many factors that don't directly affect Ensign'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 Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign'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.