ENGlobal Retained Earnings Total Equity from 2010 to 2024

ENG Stock  USD 1.34  0.04  3.08%   
ENGlobal's Retained Earnings Total Equity is decreasing over the last several years with slightly volatile swings. Retained Earnings Total Equity is estimated to finish at about -20.1 M this year. Retained Earnings Total Equity is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. View All Fundamentals
 
Retained Earnings Total Equity  
First Reported
2011-06-30
Previous Quarter
-23.5 M
Current Value
-27.8 M
Quarterly Volatility
14.5 M
 
Yuan Drop
 
Covid
Check ENGlobal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ENGlobal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 208.1 K or Selling General Administrative of 18 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.38 or PTB Ratio of 2.92. ENGlobal financial statements analysis is a perfect complement when working with ENGlobal Valuation or Volatility modules.
  
Check out the analysis of ENGlobal Correlation against competitors.
For more detail on how to invest in ENGlobal Stock please use our How to Invest in ENGlobal guide.

Latest ENGlobal's Retained Earnings Total Equity Growth Pattern

Below is the plot of the Retained Earnings Total Equity of ENGlobal over the last few years. It is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. ENGlobal's Retained Earnings Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ENGlobal's overall financial position and show how it may be relating to other accounts over time.
Retained Earnings Total Equity10 Years Trend
Slightly volatile
   Retained Earnings Total Equity   
       Timeline  

ENGlobal Retained Earnings Total Equity Regression Statistics

Arithmetic Mean(9,457,554)
Geometric Mean0.00
Coefficient Of Variation(170.54)
Mean Deviation13,054,443
Median(15,801,000)
Standard Deviation16,128,843
Sample Variance260.1T
Range46.4M
R-Value(0.84)
Mean Square Error84.5T
R-Squared0.70
Significance0.0001
Slope(3,014,208)
Total Sum of Squares3642T

ENGlobal Retained Earnings Total Equity History

2024-20.1 M
2023-21.2 M
2020-23.6 M
2019-22.9 M
2018-21.5 M
2017-15.8 M
2016457 K

About ENGlobal Financial Statements

ENGlobal stakeholders use historical fundamental indicators, such as ENGlobal's Retained Earnings Total Equity, to determine how well the company is positioned to perform in the future. Although ENGlobal investors may analyze each financial statement separately, they are all interrelated. For example, changes in ENGlobal's assets and liabilities are reflected in the revenues and expenses on ENGlobal's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ENGlobal. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings Total Equity-21.2 M-20.1 M

Currently Active Assets on Macroaxis

When determining whether ENGlobal is a strong investment it is important to analyze ENGlobal'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 ENGlobal's future performance. For an informed investment choice regarding ENGlobal Stock, refer to the following important reports:
Check out the analysis of ENGlobal Correlation against competitors.
For more detail on how to invest in ENGlobal Stock please use our How to Invest in ENGlobal guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Oil & Gas Equipment & 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 ENGlobal. If investors know ENGlobal 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 ENGlobal 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
(0.96)
Earnings Share
(1.33)
Revenue Per Share
5.599
Quarterly Revenue Growth
(0.37)
Return On Assets
(0.17)
The market value of ENGlobal is measured differently than its book value, which is the value of ENGlobal that is recorded on the company's balance sheet. Investors also form their own opinion of ENGlobal's value that differs from its market value or its book value, called intrinsic value, which is ENGlobal'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 ENGlobal's market value can be influenced by many factors that don't directly affect ENGlobal'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 ENGlobal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENGlobal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENGlobal'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.