Energy Common Stock Shares Outstanding vs Short Term Investments Analysis
ERII Stock | USD 17.86 0.28 1.59% |
Energy Recovery financial indicator trend analysis is much more than just examining Energy Recovery latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Recovery is a good investment. Please check the relationship between Energy Recovery Common Stock Shares Outstanding and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Recovery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.
Common Stock Shares Outstanding vs Short Term Investments
Common Stock Shares Outstanding vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Recovery Common Stock Shares Outstanding account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Energy Recovery's Common Stock Shares Outstanding and Short Term Investments is 0.52. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Energy Recovery, assuming nothing else is changed. The correlation between historical values of Energy Recovery's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Energy Recovery are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Energy Recovery's Common Stock Shares Outstanding and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Short Term Investments
Short Term Investments is an item under the current assets section of Energy Recovery balance sheet. It contains any investments Energy Recovery undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Energy Recovery can easily liquidate in the marketplace.Most indicators from Energy Recovery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Recovery 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 Energy Recovery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.As of now, Energy Recovery's Enterprise Value Multiple is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 71.2M | 87.4M | 87.1M | 91.4M | Total Revenue | 103.9M | 125.6M | 128.3M | 134.8M |
Energy Recovery fundamental ratios Correlations
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Energy Recovery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Energy Recovery fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 188.8M | 204.3M | 213.7M | 217.0M | 253.0M | 141.2M | |
Total Stockholder Equity | 136.0M | 171.6M | 178.8M | 185.3M | 219.8M | 230.8M | |
Other Assets | 17.5M | 48.3M | 11.8M | 10.6M | 12.2M | 9.0M | |
Common Stock Shares Outstanding | 56.1M | 56.6M | 58.7M | 57.6M | 57.7M | 55.0M | |
Liabilities And Stockholders Equity | 188.8M | 204.3M | 213.7M | 217.0M | 253.0M | 141.2M | |
Other Stockholder Equity | 139.5M | 148.7M | 141.8M | 124.5M | 137.1M | 110.7M | |
Total Liab | 52.8M | 32.7M | 34.9M | 31.7M | 33.2M | 34.6M | |
Short Long Term Debt Total | 12.6M | 17.7M | 16.4M | 16.5M | 13.3M | 13.9M | |
Other Current Liab | 9.9M | 11.8M | 14.0M | 11.9M | 15.6M | 10.0M | |
Total Current Liabilities | 27.8M | 15.7M | 19.8M | 15.5M | 21.5M | 17.0M | |
Property Plant And Equipment Net | 30.0M | 36.3M | 35.0M | 32.7M | 30.2M | 20.0M | |
Current Deferred Revenue | 15.7M | 1.6M | 3.3M | 1.2M | 1.1M | 1.0M | |
Net Debt | (13.8M) | (76.6M) | (57.9M) | (76.4M) | (54.8M) | (57.6M) | |
Retained Earnings | (3.6M) | 22.8M | 37.1M | 61.2M | 82.7M | 86.8M | |
Accounts Payable | 1.2M | 1.1M | 909K | 814K | 3M | 3.2M | |
Cash | 26.4M | 94.3M | 74.4M | 92.9M | 68.1M | 50.5M | |
Non Current Assets Total | 75.8M | 61.1M | 61.9M | 56.1M | 67.5M | 46.4M | |
Non Currrent Assets Other | 598K | 302K | 367K | (3.1M) | 388K | 368.6K | |
Cash And Short Term Investments | 85.1M | 114.7M | 105.7M | 92.9M | 108.5M | 73.3M | |
Net Receivables | 13.5M | 11.8M | 20.6M | 35.8M | 48.1M | 50.5M | |
Common Stock Total Equity | 59K | 61K | 62K | 64K | 73.6K | 59.9K | |
Short Term Investments | 58.7M | 20.4M | 31.3M | 33.5M | 40.4M | 25.6M | |
Non Current Liabilities Total | 24.9M | 17.0M | 15.1M | 16.2M | 11.7M | 21.3M | |
Inventory | 10.3M | 11.7M | 20.4M | 28.4M | 26.1M | 27.5M | |
Other Current Assets | 4.0M | 5.0M | 5.1M | 3.9M | 2.2M | 3.0M | |
Property Plant And Equipment Gross | 30.0M | 36.3M | 35.0M | 66.6M | 67.6M | 71.0M | |
Total Current Assets | 113.0M | 143.2M | 151.8M | 160.9M | 185.5M | 110.1M | |
Accumulated Other Comprehensive Income | (37K) | 53K | (149K) | (349K) | (44K) | (46.2K) | |
Short Term Debt | 1.0M | 1.2M | 1.6M | 1.6M | 1.8M | 1.9M | |
Intangible Assets | 65K | 49K | 37K | 12.8M | 11.5M | 12.1M | |
Common Stock | 59K | 61K | 62K | 64K | 65K | 60.5K | |
Property Plant Equipment | 30.0M | 20.2M | 20.4M | 19.6M | 22.5M | 15.6M | |
Other Liab | 13.4M | 518K | 247K | 121K | 139.2K | 132.2K | |
Net Tangible Assets | 123.2M | 171.6M | 166.0M | 172.5M | 198.4M | 113.5M | |
Capital Surpluse | 170.0M | 179.2M | 195.6M | 205.0M | 235.7M | 172.2M | |
Capital Lease Obligations | 12.6M | 17.7M | 16.4M | 14.9M | 13.3M | 13.9M |
Currently Active Assets on Macroaxis
When determining whether Energy Recovery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Recovery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Recovery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Recovery Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Recovery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Industrial Machinery & Supplies & Components 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 Energy Recovery. If investors know Energy 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 Energy Recovery 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 0.414 | Earnings Share 0.35 | Revenue Per Share 2.346 | Quarterly Revenue Growth 0.313 | Return On Assets 0.0458 |
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery'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 Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery'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 Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery'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.