Enservco Retained Earnings vs Cash And Short Term Investments Analysis

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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enservco Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Enservco's Retained Earnings and Cash And Short Term Investments is 0.47. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Enservco Co are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Enservco's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Enservco balance sheet. This account contains Enservco investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Enservco Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	26.7M	4.9M	4.1M	4.3M
Cost Of Revenue	22.6M	24.6M	23.4M	16.7M

Total Operating Expenses Cost Of Revenue

Enservco fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Liabilities Total	Inventory	Short Term Debt	Current Deferred Revenue
Total Assets		0.03	0.15	0.64	0.97	0.84	0.42	0.59	0.39	0.97	0.48	0.38	0.78	0.8	-0.37	0.65	0.22	0.91	0.19	0.81	0.77	0.84	0.84	0.66	0.09	-0.33
Other Current Liab	0.03		-0.1	0.16	0.11	-0.04	-0.07	0.29	-0.36	0.09	-0.44	-0.37	-0.11	0.0	0.02	-0.31	0.41	-0.03	0.14	-0.13	-0.03	-0.06	0.07	0.39	-0.2	-0.31
Total Current Liabilities	0.15	-0.1		-0.43	0.15	0.47	-0.28	0.33	-0.04	0.19	0.51	-0.05	0.0	0.29	0.06	0.04	-0.08	0.44	0.1	0.01	0.34	0.46	-0.3	0.21	0.98	-0.25
Total Stockholder Equity	0.64	0.16	-0.43		0.62	0.17	0.73	0.25	0.47	0.58	0.02	0.46	0.61	0.45	-0.46	0.38	-0.06	0.29	-0.08	0.62	0.36	0.19	0.65	0.23	-0.49	0.18
Property Plant And Equipment Net	0.97	0.11	0.15	0.62		0.84	0.4	0.5	0.33	1.0	0.48	0.32	0.61	0.78	-0.38	0.59	0.29	0.89	0.19	0.65	0.73	0.84	0.82	0.63	0.1	-0.4
Net Debt	0.84	-0.04	0.47	0.17	0.84		0.15	0.52	0.18	0.87	0.65	0.18	0.53	0.78	-0.32	0.48	0.29	0.98	0.15	0.55	0.75	1.0	0.68	0.68	0.44	-0.51
Retained Earnings	0.42	-0.07	-0.28	0.73	0.4	0.15		-0.05	0.45	0.37	0.26	0.47	0.48	0.53	-0.88	0.15	-0.53	0.19	-0.58	0.45	0.35	0.19	0.45	0.19	-0.25	0.6
Accounts Payable	0.59	0.29	0.33	0.25	0.5	0.52	-0.05		-0.02	0.5	0.07	-0.02	0.67	0.49	0.1	0.58	0.3	0.62	0.56	0.64	0.58	0.52	0.4	0.6	0.21	-0.4
Cash	0.39	-0.36	-0.04	0.47	0.33	0.18	0.45	-0.02		0.33	0.27	1.0	0.36	0.24	-0.41	0.32	-0.37	0.25	-0.25	0.44	0.14	0.23	0.31	0.06	-0.03	0.27
Non Current Assets Total	0.97	0.09	0.19	0.58	1.0	0.87	0.37	0.5	0.33		0.51	0.31	0.6	0.78	-0.37	0.58	0.29	0.91	0.19	0.65	0.74	0.87	0.81	0.63	0.15	-0.42
Non Currrent Assets Other	0.48	-0.44	0.51	0.02	0.48	0.65	0.26	0.07	0.27	0.51		0.26	0.28	0.58	-0.37	0.16	-0.14	0.61	-0.33	0.3	0.55	0.65	0.26	0.19	0.54	-0.09
Cash And Short Term Investments	0.38	-0.37	-0.05	0.46	0.32	0.18	0.47	-0.02	1.0	0.31	0.26		0.36	0.25	-0.43	0.34	-0.41	0.25	-0.25	0.44	0.14	0.23	0.31	0.09	-0.03	0.31
Net Receivables	0.78	-0.11	0.0	0.61	0.61	0.53	0.48	0.67	0.36	0.6	0.28	0.36		0.67	-0.3	0.64	-0.01	0.65	0.13	0.99	0.66	0.54	0.69	0.52	-0.08	0.01
Common Stock Total Equity	0.8	0.0	0.29	0.45	0.78	0.78	0.53	0.49	0.24	0.78	0.58	0.25	0.67		-0.54	0.45	0.13	0.79	-0.05	0.65	0.96	0.79	0.62	0.63	0.27	-0.08
Common Stock Shares Outstanding	-0.37	0.02	0.06	-0.46	-0.38	-0.32	-0.88	0.1	-0.41	-0.37	-0.37	-0.43	-0.3	-0.54		0.04	0.52	-0.29	0.69	-0.27	-0.3	-0.36	-0.42	-0.24	0.02	-0.45
Other Current Assets	0.65	-0.31	0.04	0.38	0.59	0.48	0.15	0.58	0.32	0.58	0.16	0.34	0.64	0.45	0.04		0.15	0.58	0.61	0.65	0.53	0.5	0.54	0.32	0.04	-0.19
Other Stockholder Equity	0.22	0.41	-0.08	-0.06	0.29	0.29	-0.53	0.3	-0.37	0.29	-0.14	-0.41	-0.01	0.13	0.52	0.15		0.27	0.63	0.0	0.29	0.24	0.31	0.29	-0.14	-0.8
Total Liab	0.91	-0.03	0.44	0.29	0.89	0.98	0.19	0.62	0.25	0.91	0.61	0.25	0.65	0.79	-0.29	0.58	0.27		0.22	0.68	0.77	0.98	0.72	0.71	0.39	-0.49
Property Plant And Equipment Gross	0.19	0.14	0.1	-0.08	0.19	0.15	-0.58	0.56	-0.25	0.19	-0.33	-0.25	0.13	-0.05	0.69	0.61	0.63	0.22		0.14	0.15	0.13	0.1	0.12	0.05	-0.63
Total Current Assets	0.81	-0.13	0.01	0.62	0.65	0.55	0.45	0.64	0.44	0.65	0.3	0.44	0.99	0.65	-0.27	0.65	0.0	0.68	0.14		0.64	0.57	0.7	0.54	-0.07	-0.02
Common Stock	0.77	-0.03	0.34	0.36	0.73	0.75	0.35	0.58	0.14	0.74	0.55	0.14	0.66	0.96	-0.3	0.53	0.29	0.77	0.15	0.64		0.76	0.56	0.61	0.31	-0.19
Short Long Term Debt Total	0.84	-0.06	0.46	0.19	0.84	1.0	0.19	0.52	0.23	0.87	0.65	0.23	0.54	0.79	-0.36	0.5	0.24	0.98	0.13	0.57	0.76		0.69	0.69	0.43	-0.46
Non Current Liabilities Total	0.84	0.07	-0.3	0.65	0.82	0.68	0.45	0.4	0.31	0.81	0.26	0.31	0.69	0.62	-0.42	0.54	0.31	0.72	0.1	0.7	0.56	0.69		0.59	-0.34	-0.3
Inventory	0.66	0.39	0.21	0.23	0.63	0.68	0.19	0.6	0.06	0.63	0.19	0.09	0.52	0.63	-0.24	0.32	0.29	0.71	0.12	0.54	0.61	0.69	0.59		0.13	-0.25
Short Term Debt	0.09	-0.2	0.98	-0.49	0.1	0.44	-0.25	0.21	-0.03	0.15	0.54	-0.03	-0.08	0.27	0.02	0.04	-0.14	0.39	0.05	-0.07	0.31	0.43	-0.34	0.13		-0.19
Current Deferred Revenue	-0.33	-0.31	-0.25	0.18	-0.4	-0.51	0.6	-0.4	0.27	-0.42	-0.09	0.31	0.01	-0.08	-0.45	-0.19	-0.8	-0.49	-0.63	-0.02	-0.19	-0.46	-0.3	-0.25	-0.19

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Enservco Account Relationship Matchups

Enservco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.0M	30.2M	25.1M	19.8M	14.6M	22.4M
Other Current Liab	44K	72K	31K	5.2M	198K	188.1K
Total Current Liabilities	39.7M	4.6M	12.5M	10.2M	10.0M	6.1M
Total Stockholder Equity	(2.7M)	2.6M	5.3M	1.2M	(572K)	(543.4K)
Property Plant And Equipment Net	31.0M	23.4M	18.3M	12.7M	7.8M	14.5M
Net Debt	40.4M	24.1M	14.3M	13.0M	9.5M	10.0M
Retained Earnings	(25.0M)	(27.5M)	(35.6M)	(41.2M)	(49.7M)	(47.2M)
Accounts Payable	4.5M	1.9M	2.9M	4.9M	4.3M	2.5M
Cash	663K	1.5M	149K	35K	201K	191.0K
Non Current Assets Total	34.2M	25.3M	19.6M	13.9M	8.9M	15.6M
Non Currrent Assets Other	1.9M	776K	336K	(1.1M)	183K	173.9K
Cash And Short Term Investments	257K	663K	1.5M	35K	201K	191.0K
Net Receivables	6.5M	1.7M	2.8M	4.5M	4.3M	4.2M
Common Stock Total Equity	255K	271K	278K	32K	36.8K	35.0K
Common Stock Shares Outstanding	3.7M	4.2M	11.4M	11.6M	20.5M	21.5M
Liabilities And Stockholders Equity	49.0M	43.0M	30.2M	19.8M	14.6M	22.3M
Other Current Assets	1.0M	858K	68K	917K	1.0M	1.1M
Other Stockholder Equity	57.8M	22.1M	30.1M	42.3M	49.0M	51.4M
Total Liab	45.7M	27.6M	19.8M	18.7M	15.2M	16.0M
Property Plant And Equipment Gross	31.0M	23.4M	18.3M	59.8M	51.4M	54.0M
Total Current Assets	8.7M	4.9M	5.6M	6.0M	5.7M	6.9M
Common Stock	278K	32K	57K	59K	131K	102.6K
Short Long Term Debt Total	40.0M	41.0M	25.6M	13.0M	9.7M	9.2M
Non Current Liabilities Total	5.9M	23.1M	7.3M	8.4M	5.1M	4.9M
Inventory	398K	295K	346K	320K	209K	259.2K
Short Term Debt	4.0M	35.2M	2.6M	5.0M	5.5M	3.7M
Intangible Assets	828K	617K	399K	182K	209.3K	414.0K
Other Liab	941K	44K	97K	297K	267.3K	253.9K
Net Tangible Assets	3.0M	(4.1M)	1.4M	4.4M	4.0M	6.2M
Other Assets	3.1M	1.9M	3.8M	336K	386.4K	367.1K
Long Term Debt	2.6M	20.7M	5.5M	7.0M	3.3M	3.2M
Retained Earnings Total Equity	(11.6M)	(17.5M)	(25.0M)	(27.5M)	(24.8M)	(23.5M)
Capital Surpluse	19.6M	21.8M	22.1M	30.1M	34.6M	18.3M
Non Current Liabilities Other	5.9M	88K	24K	22K	58K	55.1K
Property Plant Equipment	33.1M	26.6M	23.4M	18.3M	21.0M	28.8M
Short Long Term Debt	34.1M	1.7M	9.0M	4.4M	5.1M	6.6M

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