Enersys Net Invested Capital vs Common Stock Analysis

ENS Stock  USD 96.66  0.40  0.42%   
Enersys financial indicator trend analysis is much more than just examining Enersys latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enersys is a good investment. Please check the relationship between Enersys Net Invested Capital and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enersys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Enersys Stock please use our How to Invest in Enersys guide.

Net Invested Capital vs Common Stock

Net Invested Capital vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enersys Net Invested Capital account and Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Enersys' Net Invested Capital and Common Stock is 0.31. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock in the same time period over historical financial statements of Enersys, assuming nothing else is changed. The correlation between historical values of Enersys' Net Invested Capital and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Enersys are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Invested Capital i.e., Enersys' Net Invested Capital and Common Stock go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Common Stock

Most indicators from Enersys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enersys 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 Enersys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Enersys Stock please use our How to Invest in Enersys guide.At this time, Enersys' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 35 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 7.62 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense37.8M59.5M50.0M36.4M
Depreciation And Amortization95.9M91.2M92.0M65.0M

Enersys fundamental ratios Correlations

0.920.880.58-0.520.580.35-0.760.970.920.910.740.960.870.910.820.940.950.610.90.930.930.690.910.940.44
0.920.660.58-0.660.580.52-0.630.790.930.680.810.950.740.90.770.950.810.450.660.850.80.810.680.910.48
0.880.660.28-0.230.280.08-0.710.950.690.960.520.790.810.780.710.750.940.680.950.810.930.40.960.820.4
0.580.580.28-0.631.00.46-0.650.540.760.50.460.490.610.410.550.50.360.120.530.60.290.670.510.460.1
-0.52-0.66-0.23-0.63-0.63-0.970.38-0.39-0.77-0.26-0.56-0.56-0.39-0.38-0.53-0.61-0.280.0-0.27-0.68-0.26-0.96-0.28-0.48-0.2
0.580.580.281.0-0.630.46-0.650.540.760.50.460.490.610.410.550.50.360.120.530.60.290.670.510.460.1
0.350.520.080.46-0.970.46-0.170.210.620.070.480.420.190.210.350.470.13-0.070.080.560.110.880.10.310.09
-0.76-0.63-0.71-0.650.38-0.65-0.17-0.79-0.73-0.81-0.51-0.67-0.78-0.74-0.93-0.67-0.69-0.37-0.81-0.67-0.65-0.55-0.79-0.72-0.67
0.970.790.950.54-0.390.540.21-0.790.840.980.640.890.880.840.780.850.960.660.980.910.930.550.980.880.39
0.920.930.690.76-0.770.760.62-0.730.840.750.730.90.780.790.790.920.750.430.750.940.720.880.760.880.37
0.910.680.960.5-0.260.50.07-0.810.980.750.530.790.870.790.750.750.930.651.00.820.90.430.990.820.37
0.740.810.520.46-0.560.460.48-0.510.640.730.530.830.550.690.670.710.680.230.520.730.690.680.530.630.43
0.960.950.790.49-0.560.490.42-0.670.890.90.790.830.740.910.810.970.90.560.780.910.90.710.790.940.52
0.870.740.810.61-0.390.610.19-0.780.880.780.870.550.740.790.720.720.840.380.870.770.810.570.880.760.33
0.910.90.780.41-0.380.410.21-0.740.840.790.790.690.910.790.830.890.90.550.760.740.890.610.760.910.66
0.820.770.710.55-0.530.550.35-0.930.780.790.750.670.810.720.830.790.760.430.740.740.740.680.740.80.8
0.940.950.750.5-0.610.50.47-0.670.850.920.750.710.970.720.890.790.840.560.740.90.830.750.750.970.51
0.950.810.940.36-0.280.360.13-0.690.960.750.930.680.90.840.90.760.840.670.910.830.990.480.920.870.46
0.610.450.680.120.00.12-0.07-0.370.660.430.650.230.560.380.550.430.560.670.640.520.640.10.660.650.18
0.90.660.950.53-0.270.530.08-0.810.980.751.00.520.780.870.760.740.740.910.640.820.880.431.00.80.35
0.930.850.810.6-0.680.60.56-0.670.910.940.820.730.910.770.740.740.90.830.520.820.810.760.840.860.31
0.930.80.930.29-0.260.290.11-0.650.930.720.90.690.90.810.890.740.830.990.640.880.810.450.90.860.48
0.690.810.40.67-0.960.670.88-0.550.550.880.430.680.710.570.610.680.750.480.10.430.760.450.440.650.36
0.910.680.960.51-0.280.510.1-0.790.980.760.990.530.790.880.760.740.750.920.661.00.840.90.440.80.33
0.940.910.820.46-0.480.460.31-0.720.880.880.820.630.940.760.910.80.970.870.650.80.860.860.650.80.51
0.440.480.40.1-0.20.10.09-0.670.390.370.370.430.520.330.660.80.510.460.180.350.310.480.360.330.51
Click cells to compare fundamentals

Enersys Account Relationship Matchups

Enersys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.5B3.7B3.6B3.5B2.4B
Total Stockholder Equity1.3B1.5B1.5B1.6B1.8B1.1B
Net Debt897.2M552.6M896.0M814.1M580.9M382.5M
Cash327.0M451.8M402.5M346.7M333.3M245.7M
Other Assets139.2M75.8M72.3M85.1M76.6M74.3M
Cash And Short Term Investments327.0M451.8M402.5M346.7M333.3M245.7M
Common Stock Shares Outstanding42.9M43.2M42.8M41.3M41.4M45.2M
Liabilities And Stockholders Equity3.3B3.5B3.7B3.6B3.5B2.4B
Other Stockholder Equity(42M)(14.7M)(151.3M)(147.0M)(205.9M)(195.7M)
Total Liab2.0B1.9B2.2B2.0B1.7B1.3B
Total Current Assets1.6B1.7B2.0B1.9B1.8B1.2B
Short Long Term Debt Total1.2B1.0B1.3B1.2B914.3M656.8M
Other Current Liab233.3M254.8M224.1M229.7M260.1M223.1M
Total Current Liabilities600.3M677.0M738.1M718.3M723.9M536.7M
Other Liab247.3M241.0M229.7M209.1M240.5M127.2M
Property Plant And Equipment Net480.0M497.1M503.3M513.3M608.9M413.1M
Retained Earnings1.6B1.7B1.8B1.9B2.2B2.3B
Accounts Payable281.9M323.9M393.1M378.6M369.5M262.4M
Non Current Assets Total1.7B1.8B1.7B1.7B1.7B1.2B
Non Currrent Assets Other76.6M67.4M79.2M118.8M19.6M36.2M
Long Term Debt1.1B969.6M1.2B1.0B802.0M613.7M
Net Receivables654.3M661.0M796.0M693.4M584.2M533.3M
Good Will663.9M705.6M700.6M676.7M682.9M474.3M
Common Stock Total Equity551K555K557K560K644K531.8K
Non Current Liabilities Total1.4B1.2B1.5B1.3B985.1M801.4M
Inventory519.5M518.2M715.7M797.8M697.7M410.3M
Other Current Assets26.0M60.3M79.0M58.0M167.5M175.8M
Property Plant And Equipment Gross480.0M497.1M1.2B1.3B1.3B1.4B
Accumulated Other Comprehensive Income(215.0M)(115.9M)(143.5M)(183.5M)(204.9M)(194.6M)
Short Term Debt67.8M56.2M75.4M52.0M50.0M36.0M
Intangible Assets455.7M430.9M396.2M360.4M319.4M253.8M
Common Stock551K555K557K560K564K535.8K
Property Plant Equipment480.0M559.2M574.3M598.5M688.3M412.3M
Treasury Stock(564.4M)(563.5M)(719.1M)(741.0M)(666.9M)(633.5M)
Net Tangible Assets180.9M403.3M392.5M563.2M506.8M403.2M
Current Deferred Revenue17.3M16.0M27.9M34.6M27.6M17.2M
Noncontrolling Interest In Consolidated Entity3.5M3.8M3.9M3.6M3.2M4.2M
Retained Earnings Total Equity1.6B1.7B1.8B1.9B2.2B1.3B
Long Term Debt Total1.1B969.6M1.2B1.0B1.2B721.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Enersys Stock Analysis

When running Enersys' price analysis, check to measure Enersys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enersys is operating at the current time. Most of Enersys' value examination focuses on studying past and present price action to predict the probability of Enersys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enersys' price. Additionally, you may evaluate how the addition of Enersys to your portfolios can decrease your overall portfolio volatility.