Ennis Inc Stock Current Ratio

EBF Stock  USD 21.42  0.14  0.66%   
Ennis Inc fundamentals help investors to digest information that contributes to Ennis' financial success or failures. It also enables traders to predict the movement of Ennis Stock. The fundamental analysis module provides a way to measure Ennis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ennis stock.
Last ReportedProjected for Next Year
Current Ratio 5.96  3.43 
The current Current Ratio is estimated to decrease to 3.43.
  
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Ennis Inc Company Current Ratio Analysis

Ennis' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Ennis Current Ratio

    
  4.70 X  
Most of Ennis' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ennis Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ennis Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Ennis is extremely important. It helps to project a fair market value of Ennis Stock properly, considering its historical fundamentals such as Current Ratio. Since Ennis' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ennis' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ennis' interrelated accounts and indicators.
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Ennis Current Ratio Historical Pattern

Today, most investors in Ennis Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ennis' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ennis current ratio as a starting point in their analysis.
   Ennis Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Ennis Discontinued Operations

Discontinued Operations

4.2 Million

At this time, Ennis' Discontinued Operations is most likely to increase significantly in the upcoming years.
In accordance with the recently published financial statements, Ennis Inc has a Current Ratio of 4.7 times. This is 128.16% higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 117.59% lower than that of the firm.

Ennis Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ennis' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ennis could also be used in its relative valuation, which is a method of valuing Ennis by comparing valuation metrics of similar companies.
Ennis is currently under evaluation in current ratio category among its peers.

Ennis ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ennis' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ennis' managers, analysts, and investors.
Environmental
Governance
Social

Ennis Fundamentals

About Ennis Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ennis Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ennis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ennis Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Ennis Inc is a strong investment it is important to analyze Ennis' 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 Ennis' future performance. For an informed investment choice regarding Ennis Stock, refer to the following important reports:
Check out Ennis Piotroski F Score and Ennis Altman Z Score analysis.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Commercial Services & Supplies 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 Ennis. If investors know Ennis 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 Ennis 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
(0.06)
Dividend Share
1
Earnings Share
1.57
Revenue Per Share
15.593
Quarterly Revenue Growth
(0.07)
The market value of Ennis Inc is measured differently than its book value, which is the value of Ennis that is recorded on the company's balance sheet. Investors also form their own opinion of Ennis' value that differs from its market value or its book value, called intrinsic value, which is Ennis' 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 Ennis' market value can be influenced by many factors that don't directly affect Ennis' 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 Ennis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ennis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ennis' 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.