Ensign Net Invested Capital vs Retained Earnings 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 Net Invested Capital and its Retained Earnings 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.

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ensign Group Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ensign's Net Invested Capital and Retained Earnings is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings 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 Net Invested Capital and Retained Earnings 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 Invested Capital of The Ensign Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., Ensign's Net Invested Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Gross Profit Total Revenue

Ensign fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.99	0.98	0.96	0.94	0.23	0.95	0.66	0.99	0.41	1.0	0.98	0.97	0.98	0.99	0.98	0.96	1.0	-0.33	0.95	0.64	0.24	0.99	0.97	-0.46	0.62
Short Long Term Debt Total	0.99		0.94	0.99	0.91	0.22	0.91	0.62	1.0	0.33	1.0	0.93	0.93	0.95	1.0	0.94	0.91	0.99	-0.33	0.9	0.6	0.22	0.99	0.95	-0.56	0.58
Total Stockholder Equity	0.98	0.94		0.9	0.95	0.17	0.96	0.68	0.95	0.48	0.97	0.99	0.95	0.98	0.96	0.99	0.99	0.97	-0.34	0.96	0.66	0.3	0.97	0.96	-0.35	0.64
Net Debt	0.96	0.99	0.9		0.84	0.22	0.85	0.64	0.99	0.34	0.98	0.89	0.9	0.92	0.98	0.9	0.87	0.97	-0.34	0.88	0.62	0.25	0.97	0.91	-0.56	0.61
Cash	0.94	0.91	0.95	0.84		0.21	1.0	0.47	0.91	0.25	0.93	0.96	0.93	0.95	0.92	0.97	0.94	0.93	-0.25	0.86	0.46	0.1	0.95	0.97	-0.46	0.43
Other Assets	0.23	0.22	0.17	0.22	0.21		0.21	0.27	0.22	0.12	0.26	0.2	0.42	0.35	0.25	0.15	0.13	0.24	0.05	0.18	0.27	-0.61	0.22	0.09	-0.21	0.29
Cash And Short Term Investments	0.95	0.91	0.96	0.85	1.0	0.21		0.49	0.92	0.26	0.93	0.97	0.94	0.95	0.93	0.98	0.95	0.94	-0.26	0.87	0.48	0.11	0.95	0.97	-0.46	0.44
Common Stock Shares Outstanding	0.66	0.62	0.68	0.64	0.47	0.27	0.49		0.63	0.87	0.65	0.67	0.68	0.68	0.63	0.58	0.67	0.66	-0.26	0.78	0.94	0.46	0.6	0.51	0.14	0.95
Non Current Liabilities Total	0.99	1.0	0.95	0.99	0.91	0.22	0.92	0.63		0.34	1.0	0.94	0.94	0.96	1.0	0.95	0.92	1.0	-0.33	0.91	0.61	0.23	0.99	0.95	-0.54	0.59
Other Stockholder Equity	0.41	0.33	0.48	0.34	0.25	0.12	0.26	0.87	0.34		0.38	0.47	0.46	0.46	0.35	0.36	0.5	0.39	-0.15	0.65	0.92	0.47	0.34	0.28	0.47	0.92
Total Liab	1.0	1.0	0.97	0.98	0.93	0.26	0.93	0.65	1.0	0.38		0.96	0.96	0.98	1.0	0.96	0.94	1.0	-0.32	0.93	0.63	0.21	1.0	0.96	-0.51	0.61
Total Current Assets	0.98	0.93	0.99	0.89	0.96	0.2	0.97	0.67	0.94	0.47	0.96		0.96	0.98	0.95	0.98	0.99	0.96	-0.29	0.96	0.65	0.26	0.96	0.96	-0.31	0.63
Other Current Liab	0.97	0.93	0.95	0.9	0.93	0.42	0.94	0.68	0.94	0.46	0.96	0.96		0.99	0.95	0.94	0.94	0.96	-0.22	0.93	0.68	0.08	0.95	0.91	-0.38	0.66
Total Current Liabilities	0.98	0.95	0.98	0.92	0.95	0.35	0.95	0.68	0.96	0.46	0.98	0.98	0.99		0.97	0.96	0.96	0.98	-0.29	0.95	0.67	0.15	0.97	0.94	-0.4	0.66
Property Plant And Equipment Net	0.99	1.0	0.96	0.98	0.92	0.25	0.93	0.63	1.0	0.35	1.0	0.95	0.95	0.97		0.96	0.93	1.0	-0.34	0.91	0.61	0.21	1.0	0.96	-0.54	0.59
Retained Earnings	0.98	0.94	0.99	0.9	0.97	0.15	0.98	0.58	0.95	0.36	0.96	0.98	0.94	0.96	0.96		0.97	0.97	-0.36	0.92	0.56	0.24	0.97	0.99	-0.45	0.53
Accounts Payable	0.96	0.91	0.99	0.87	0.94	0.13	0.95	0.67	0.92	0.5	0.94	0.99	0.94	0.96	0.93	0.97		0.95	-0.33	0.97	0.65	0.32	0.94	0.95	-0.25	0.63
Non Current Assets Total	1.0	0.99	0.97	0.97	0.93	0.24	0.94	0.66	1.0	0.39	1.0	0.96	0.96	0.98	1.0	0.97	0.95		-0.34	0.93	0.63	0.23	1.0	0.96	-0.5	0.62
Non Currrent Assets Other	-0.33	-0.33	-0.34	-0.34	-0.25	0.05	-0.26	-0.26	-0.33	-0.15	-0.32	-0.29	-0.22	-0.29	-0.34	-0.36	-0.33	-0.34		-0.3	-0.24	-0.25	-0.3	-0.37	0.2	-0.26
Net Receivables	0.95	0.9	0.96	0.88	0.86	0.18	0.87	0.78	0.91	0.65	0.93	0.96	0.93	0.95	0.91	0.92	0.97	0.93	-0.3		0.79	0.36	0.92	0.88	-0.17	0.77
Common Stock Total Equity	0.64	0.6	0.66	0.62	0.46	0.27	0.48	0.94	0.61	0.92	0.63	0.65	0.68	0.67	0.61	0.56	0.65	0.63	-0.24	0.79		0.38	0.59	0.51	0.13	0.99
Other Current Assets	0.24	0.22	0.3	0.25	0.1	-0.61	0.11	0.46	0.23	0.47	0.21	0.26	0.08	0.15	0.21	0.24	0.32	0.23	-0.25	0.36	0.38		0.21	0.23	0.29	0.38
Property Plant And Equipment Gross	0.99	0.99	0.97	0.97	0.95	0.22	0.95	0.6	0.99	0.34	1.0	0.96	0.95	0.97	1.0	0.97	0.94	1.0	-0.3	0.92	0.59	0.21		0.97	-0.53	0.56
Short Term Debt	0.97	0.95	0.96	0.91	0.97	0.09	0.97	0.51	0.95	0.28	0.96	0.96	0.91	0.94	0.96	0.99	0.95	0.96	-0.37	0.88	0.51	0.23	0.97		-0.52	0.48
Intangible Assets	-0.46	-0.56	-0.35	-0.56	-0.46	-0.21	-0.46	0.14	-0.54	0.47	-0.51	-0.31	-0.38	-0.4	-0.54	-0.45	-0.25	-0.5	0.2	-0.17	0.13	0.29	-0.53	-0.52		0.16
Common Stock	0.62	0.58	0.64	0.61	0.43	0.29	0.44	0.95	0.59	0.92	0.61	0.63	0.66	0.66	0.59	0.53	0.63	0.62	-0.26	0.77	0.99	0.38	0.56	0.48	0.16

Click cells to compare fundamentals

Ensign Account Relationship Matchups

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

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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:

How To Invest In Ensign

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Is Ensign Stock a good investment?

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What is Ensign's Net Worth?

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Largest Health Care Providers & Services Companies

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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.

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Ensign Net Invested Capital vs Retained Earnings Analysis

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Invested Capital

Retained Earnings

Ensign fundamental ratios Correlations

Ensign Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ensign fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash

Other Current Assets	- 0.61	Other Assets
Intangible Assets	- 0.56	Net Debt
Intangible Assets	- 0.56	Short Long Term Debt Total
Intangible Assets	- 0.54	Property Plant And Equipment Net
Intangible Assets	- 0.54	Non Current Liabilities Total
Intangible Assets	- 0.53	Property Plant And Equipment Gross