ENSV Stock | | | USD 0.15 0.01 7.14% |
Enservco financial indicator trend analysis is much more than just examining Enservco latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enservco is a good investment. Please check the relationship between Enservco Common Stock Total Equity and its Total Liab accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enservco Co. 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.
Common Stock Total Equity vs Total Liab
Common Stock Total Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enservco Common Stock Total Equity account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Enservco's Common Stock Total Equity and Total Liab is 0.79. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Enservco Co, assuming nothing else is changed. The correlation between historical values of Enservco's Common Stock Total Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Enservco Co are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock Total Equity i.e., Enservco's Common Stock Total Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Enservco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enservco 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 Enservco Co. 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, Enservco's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 47.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.7
M in 2024.
Enservco fundamental ratios Correlations
Click cells to compare fundamentals
Enservco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enservco fundamental ratios Accounts
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Additional Tools for Enservco Stock Analysis
When running Enservco's price analysis, check to
measure Enservco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enservco is operating at the current time. Most of Enservco's value examination focuses on studying past and present price action to
predict the probability of Enservco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enservco's price. Additionally, you may evaluate how the addition of Enservco to your portfolios can decrease your overall portfolio volatility.