Enpro Intangible Assets vs Current Deferred Revenue Analysis

NPO Stock

USD 170.87 2.35 1.36%

Enpro Industries financial indicator trend analysis is much more than just examining Enpro Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enpro Industries is a good investment. Please check the relationship between Enpro Industries Intangible Assets and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.

Intangible Assets vs Current Deferred Revenue

Intangible Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enpro Industries Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Enpro Industries' Intangible Assets and Current Deferred Revenue is -0.46. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Enpro Industries, assuming nothing else is changed. The correlation between historical values of Enpro Industries' Intangible Assets and Current Deferred Revenue 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 Enpro Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Intangible Assets i.e., Enpro Industries' Intangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Enpro Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enpro Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.At this time, Enpro Industries' Selling General Administrative is very stable compared to the past year. As of the 24th of December 2024, Discontinued Operations is likely to grow to about 239.6 M, while Tax Provision is likely to drop about 13.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	436.6M	423.3M	426.8M	392.1M
Total Revenue	1.1B	1.1B	1.1B	1.1B

Gross Profit Total Revenue

Enpro Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.78	0.01	-0.05	0.91	0.31	-0.37	0.37	0.72	-0.24	0.8	0.96	-0.16	0.8	-0.34	0.89	-0.38	0.77	0.14	0.6	0.05	0.74	0.87	0.65	0.18	0.89
Short Long Term Debt Total	0.78		0.3	0.24	0.57	0.33	-0.43	0.84	0.23	-0.01	0.57	0.72	-0.35	0.57	-0.23	0.58	-0.11	0.75	0.34	0.8	0.29	0.8	0.82	0.57	0.4	0.61
Other Current Liab	0.01	0.3		0.36	-0.11	0.51	-0.5	0.36	-0.11	0.5	0.11	-0.08	-0.16	0.11	0.36	-0.07	0.21	0.11	0.62	0.12	0.12	0.21	0.23	0.28	0.17	-0.07
Total Current Liabilities	-0.05	0.24	0.36		-0.22	0.11	0.11	0.5	-0.22	0.14	-0.18	-0.07	0.09	-0.18	0.09	-0.12	0.26	-0.03	0.21	0.37	0.03	0.24	0.13	0.05	0.78	-0.11
Total Stockholder Equity	0.91	0.57	-0.11	-0.22		0.4	-0.45	0.08	0.67	-0.11	0.79	0.84	-0.36	0.79	-0.22	0.85	-0.32	0.46	0.22	0.52	0.25	0.38	0.79	0.7	0.08	0.86
Property Plant And Equipment Net	0.31	0.33	0.51	0.11	0.4		-0.42	0.19	0.13	0.78	0.32	0.08	-0.45	0.32	0.65	0.21	-0.07	0.02	0.88	0.38	0.37	0.05	0.59	0.81	-0.09	0.25
Current Deferred Revenue	-0.37	-0.43	-0.5	0.11	-0.45	-0.42		-0.14	-0.14	-0.29	-0.62	-0.32	0.57	-0.62	-0.04	-0.44	-0.22	-0.12	-0.44	-0.46	-0.54	-0.09	-0.51	-0.35	-0.25	-0.46
Net Debt	0.37	0.84	0.36	0.5	0.08	0.19	-0.14		-0.19	0.11	0.11	0.34	-0.24	0.11	-0.1	0.16	-0.04	0.56	0.31	0.71	0.24	0.68	0.51	0.3	0.46	0.2
Retained Earnings	0.72	0.23	-0.11	-0.22	0.67	0.13	-0.14	-0.19		-0.38	0.75	0.73	0.25	0.75	-0.32	0.81	-0.39	0.59	-0.17	0.03	-0.38	0.51	0.52	0.37	-0.14	0.78
Accounts Payable	-0.24	-0.01	0.5	0.14	-0.11	0.78	-0.29	0.11	-0.38		-0.16	-0.46	-0.52	-0.16	0.87	-0.3	0.17	-0.4	0.89	0.17	0.47	-0.35	0.12	0.48	-0.15	-0.25
Cash	0.8	0.57	0.11	-0.18	0.79	0.32	-0.62	0.11	0.75	-0.16		0.75	-0.31	1.0	-0.34	0.92	0.02	0.56	0.12	0.44	0.23	0.5	0.72	0.58	0.09	0.92
Non Current Assets Total	0.96	0.72	-0.08	-0.07	0.84	0.08	-0.32	0.34	0.73	-0.46	0.75		-0.01	0.75	-0.53	0.87	-0.42	0.81	-0.09	0.53	-0.08	0.77	0.79	0.42	0.24	0.86
Non Currrent Assets Other	-0.16	-0.35	-0.16	0.09	-0.36	-0.45	0.57	-0.24	0.25	-0.52	-0.31	-0.01		-0.31	-0.13	-0.23	-0.28	0.21	-0.57	-0.52	-0.96	0.23	-0.3	-0.5	-0.08	-0.3
Cash And Short Term Investments	0.8	0.57	0.11	-0.18	0.79	0.32	-0.62	0.11	0.75	-0.16	1.0	0.75	-0.31		-0.34	0.92	0.02	0.56	0.12	0.44	0.23	0.5	0.72	0.58	0.09	0.92
Net Receivables	-0.34	-0.23	0.36	0.09	-0.22	0.65	-0.04	-0.1	-0.32	0.87	-0.34	-0.53	-0.13	-0.34		-0.45	0.05	-0.41	0.7	-0.05	0.12	-0.38	-0.07	0.36	-0.28	-0.42
Good Will	0.89	0.58	-0.07	-0.12	0.85	0.21	-0.44	0.16	0.81	-0.3	0.92	0.87	-0.23	0.92	-0.45		-0.24	0.63	-0.01	0.51	0.14	0.58	0.75	0.52	0.16	1.0
Common Stock Shares Outstanding	-0.38	-0.11	0.21	0.26	-0.32	-0.07	-0.22	-0.04	-0.39	0.17	0.02	-0.42	-0.28	0.02	0.05	-0.24		-0.4	0.08	0.03	0.43	-0.32	-0.27	-0.09	0.31	-0.24
Non Current Liabilities Total	0.77	0.75	0.11	-0.03	0.46	0.02	-0.12	0.56	0.59	-0.4	0.56	0.81	0.21	0.56	-0.41	0.63	-0.4		-0.09	0.38	-0.31	0.96	0.63	0.31	0.04	0.61
Inventory	0.14	0.34	0.62	0.21	0.22	0.88	-0.44	0.31	-0.17	0.89	0.12	-0.09	-0.57	0.12	0.7	-0.01	0.08	-0.09		0.37	0.48	-0.03	0.42	0.73	-0.01	0.03
Other Current Assets	0.6	0.8	0.12	0.37	0.52	0.38	-0.46	0.71	0.03	0.17	0.44	0.53	-0.52	0.44	-0.05	0.51	0.03	0.38	0.37		0.56	0.47	0.76	0.52	0.6	0.55
Other Stockholder Equity	0.05	0.29	0.12	0.03	0.25	0.37	-0.54	0.24	-0.38	0.47	0.23	-0.08	-0.96	0.23	0.12	0.14	0.43	-0.31	0.48	0.56		-0.29	0.21	0.38	0.24	0.21
Total Liab	0.74	0.8	0.21	0.24	0.38	0.05	-0.09	0.68	0.51	-0.35	0.5	0.77	0.23	0.5	-0.38	0.58	-0.32	0.96	-0.03	0.47	-0.29		0.65	0.32	0.26	0.56
Property Plant And Equipment Gross	0.87	0.82	0.23	0.13	0.79	0.59	-0.51	0.51	0.52	0.12	0.72	0.79	-0.3	0.72	-0.07	0.75	-0.27	0.63	0.42	0.76	0.21	0.65		0.7	0.29	0.77
Total Current Assets	0.65	0.57	0.28	0.05	0.7	0.81	-0.35	0.3	0.37	0.48	0.58	0.42	-0.5	0.58	0.36	0.52	-0.09	0.31	0.73	0.52	0.38	0.32	0.7		-0.07	0.56
Short Term Debt	0.18	0.4	0.17	0.78	0.08	-0.09	-0.25	0.46	-0.14	-0.15	0.09	0.24	-0.08	0.09	-0.28	0.16	0.31	0.04	-0.01	0.6	0.24	0.26	0.29	-0.07		0.16
Intangible Assets	0.89	0.61	-0.07	-0.11	0.86	0.25	-0.46	0.2	0.78	-0.25	0.92	0.86	-0.3	0.92	-0.42	1.0	-0.24	0.61	0.03	0.55	0.21	0.56	0.77	0.56	0.16

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Enpro Industries Account Relationship Matchups

Enpro Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.1B	3.0B	2.6B	2.5B	1.8B
Short Long Term Debt Total	629.3M	491.3M	1.1B	790.7M	697.4M	477.5M
Other Current Liab	89.5M	99M	122.8M	98M	99.6M	119.8M
Total Current Liabilities	313.6M	202M	379.1M	211.5M	196.4M	277.7M
Total Stockholder Equity	886.9M	1.1B	1.3B	1.4B	1.4B	721.9M
Property Plant And Equipment Net	218.8M	195M	236.7M	185.2M	242.3M	212.1M
Net Debt	508.1M	261.8M	787.8M	456.3M	327.6M	317.2M
Retained Earnings	632.2M	794.8M	949.4M	1.1B	1.1B	1.2B
Accounts Payable	82.7M	69.8M	72M	73.4M	68.7M	83.9M
Cash	121.2M	229.5M	338.1M	334.4M	369.8M	388.3M
Non Current Assets Total	1.3B	1.5B	2.3B	2.0B	1.8B	1.2B
Non Currrent Assets Other	76.8M	134.2M	153.5M	(30.2M)	65M	61.8M
Cash And Short Term Investments	121.2M	229.5M	338.1M	334.4M	369.8M	388.3M
Net Receivables	189.5M	192.8M	145M	137.1M	116.7M	163.5M
Good Will	485.3M	621.8M	964.1M	863.8M	808.4M	848.8M
Common Stock Shares Outstanding	21.8M	20.9M	20.8M	20.5M	21M	23.5M
Liabilities And Stockholders Equity	2.0B	2.1B	3.0B	2.6B	2.5B	1.8B
Non Current Liabilities Total	806.6M	754.7M	1.3B	1.0B	875.5M	762.9M
Inventory	157.1M	139.1M	160M	151.9M	142.6M	134.4M
Other Current Assets	27.6M	17.6M	185.7M	60.8M	21.2M	20.1M
Other Stockholder Equity	290.9M	288.4M	302.4M	298M	303.7M	362.2M
Total Liab	1.1B	956.7M	1.7B	1.2B	1.1B	1.0B
Property Plant And Equipment Gross	218.8M	195M	469.6M	331.4M	355.4M	235.6M
Total Current Assets	749.5M	579M	713M	684.2M	650.3M	573.3M
Accumulated Other Comprehensive Income	(36.4M)	(4.9M)	14.6M	(33.3M)	(22.2M)	(21.1M)
Short Term Debt	4.1M	13.9M	171.5M	24.8M	18.1M	33.7M
Intangible Assets	466.9M	553.6M	901.4M	799.8M	733.5M	770.2M
Other Liab	153M	267.2M	309M	210.1M	189.1M	203.4M
Other Assets	77.1M	348M	153.5M	69.3M	79.7M	140.8M
Long Term Debt	625.2M	487.5M	963.9M	775.1M	638.7M	385.9M
Property Plant Equipment	218.8M	195M	236.7M	185.2M	213.0M	212.3M
Net Tangible Assets	(37.3M)	(48.5M)	(598.9M)	(250.6M)	(225.5M)	(214.3M)
Retained Earnings Total Equity	632.2M	794.8M	949.4M	1.1B	1.3B	1.4B
Long Term Debt Total	625.2M	487.5M	963.9M	775.1M	891.4M	491.2M
Capital Surpluse	292.1M	289.6M	303.6M	299.2M	269.3M	285.6M
Non Current Liabilities Other	181.4M	267.2M	142.7M	111.7M	116.1M	191.6M

Pair Trading with Enpro Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enpro Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enpro Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enpro Stock

0.71	CR	Crane Company	Pair Corr
0.85	HI	Hillenbrand	Pair Corr

Moving against Enpro Stock

0.66	MKDWW	MKDWELL Tech Warrants	Pair Corr
0.48	AOS	Smith AO	Pair Corr
0.47	BW	Babcock Wilcox Enter	Pair Corr

The ability to find closely correlated positions to Enpro Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enpro Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enpro Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enpro Industries to buy it.

The correlation of Enpro Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enpro Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enpro Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Enpro Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Enpro Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enpro Industries' 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 Enpro Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enpro Industries Stock:

How To Invest In Enpro

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Is Enpro Stock a good investment?

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What is Enpro Industries' Net Worth?

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Largest Industrial Machinery & Supplies & Components Companies

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Largest Specialty Industrial Machinery Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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 Enpro Industries. If investors know Enpro 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 Enpro Industries 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

1.41

Dividend Share

1.19

Earnings Share

2.56

Revenue Per Share

49.554

Quarterly Revenue Growth

0.041

The market value of Enpro Industries is measured differently than its book value, which is the value of Enpro that is recorded on the company's balance sheet. Investors also form their own opinion of Enpro Industries' value that differs from its market value or its book value, called intrinsic value, which is Enpro Industries' 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 Enpro Industries' market value can be influenced by many factors that don't directly affect Enpro Industries' 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 Enpro Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enpro Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enpro Industries' 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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Enpro Intangible Assets vs Current Deferred Revenue Analysis

Intangible Assets vs Current Deferred Revenue

Intangible Assets vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Intangible Assets

Current Deferred Revenue

Enpro Industries fundamental ratios Correlations

Enpro Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enpro Industries fundamental ratios Accounts

Pair Trading with Enpro Industries

Moving together with Enpro Stock

Moving against Enpro Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Good Will
Non Current Assets Total	+ 0.96	Total Assets
Total Liab	+ 0.96	Non Current Liabilities Total
Good Will	+ 0.92	Cash
Intangible Assets	+ 0.92	Cash

Other Stockholder Equity	- 0.96	Non Currrent Assets Other
Cash And Short Term Investments	- 0.62	Current Deferred Revenue
Cash	- 0.62	Current Deferred Revenue
Inventory	- 0.57	Non Currrent Assets Other
Other Stockholder Equity	- 0.54	Current Deferred Revenue
Net Receivables	- 0.53	Non Current Assets Total