Ensign Other Stockholder Equity vs Short Long Term Debt Total Analysis

ENSG Stock  USD 146.34  1.14  0.79%   
Ensign financial indicator trend analysis is much more than just examining Ensign Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ensign Group is a good investment. Please check the relationship between Ensign Other Stockholder Equity and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Other Stockholder Equity vs Short Long Term Debt Total

Other Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ensign Group Other Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ensign's Other Stockholder Equity and Short Long Term Debt Total is 0.33. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of The Ensign Group, assuming nothing else is changed. The correlation between historical values of Ensign's Other Stockholder Equity and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of The Ensign Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Stockholder Equity i.e., Ensign's Other Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Short Long Term Debt Total

Most indicators from Ensign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ensign Group 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 The Ensign Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Ensign's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Ensign's current Enterprise Value Multiple is estimated to increase to 22.63, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit468.2M518.0M590.8M620.3M
Total Revenue2.6B3.0B3.7B3.9B

Ensign fundamental ratios Correlations

0.990.980.960.940.230.950.660.990.411.00.980.970.980.990.980.961.0-0.330.950.640.240.990.97-0.460.62
0.990.940.990.910.220.910.621.00.331.00.930.930.951.00.940.910.99-0.330.90.60.220.990.95-0.560.58
0.980.940.90.950.170.960.680.950.480.970.990.950.980.960.990.990.97-0.340.960.660.30.970.96-0.350.64
0.960.990.90.840.220.850.640.990.340.980.890.90.920.980.90.870.97-0.340.880.620.250.970.91-0.560.61
0.940.910.950.840.211.00.470.910.250.930.960.930.950.920.970.940.93-0.250.860.460.10.950.97-0.460.43
0.230.220.170.220.210.210.270.220.120.260.20.420.350.250.150.130.240.050.180.27-0.610.220.09-0.210.29
0.950.910.960.851.00.210.490.920.260.930.970.940.950.930.980.950.94-0.260.870.480.110.950.97-0.460.44
0.660.620.680.640.470.270.490.630.870.650.670.680.680.630.580.670.66-0.260.780.940.460.60.510.140.95
0.991.00.950.990.910.220.920.630.341.00.940.940.961.00.950.921.0-0.330.910.610.230.990.95-0.540.59
0.410.330.480.340.250.120.260.870.340.380.470.460.460.350.360.50.39-0.150.650.920.470.340.280.470.92
1.01.00.970.980.930.260.930.651.00.380.960.960.981.00.960.941.0-0.320.930.630.211.00.96-0.510.61
0.980.930.990.890.960.20.970.670.940.470.960.960.980.950.980.990.96-0.290.960.650.260.960.96-0.310.63
0.970.930.950.90.930.420.940.680.940.460.960.960.990.950.940.940.96-0.220.930.680.080.950.91-0.380.66
0.980.950.980.920.950.350.950.680.960.460.980.980.990.970.960.960.98-0.290.950.670.150.970.94-0.40.66
0.991.00.960.980.920.250.930.631.00.351.00.950.950.970.960.931.0-0.340.910.610.211.00.96-0.540.59
0.980.940.990.90.970.150.980.580.950.360.960.980.940.960.960.970.97-0.360.920.560.240.970.99-0.450.53
0.960.910.990.870.940.130.950.670.920.50.940.990.940.960.930.970.95-0.330.970.650.320.940.95-0.250.63
1.00.990.970.970.930.240.940.661.00.391.00.960.960.981.00.970.95-0.340.930.630.231.00.96-0.50.62
-0.33-0.33-0.34-0.34-0.250.05-0.26-0.26-0.33-0.15-0.32-0.29-0.22-0.29-0.34-0.36-0.33-0.34-0.3-0.24-0.25-0.3-0.370.2-0.26
0.950.90.960.880.860.180.870.780.910.650.930.960.930.950.910.920.970.93-0.30.790.360.920.88-0.170.77
0.640.60.660.620.460.270.480.940.610.920.630.650.680.670.610.560.650.63-0.240.790.380.590.510.130.99
0.240.220.30.250.1-0.610.110.460.230.470.210.260.080.150.210.240.320.23-0.250.360.380.210.230.290.38
0.990.990.970.970.950.220.950.60.990.341.00.960.950.971.00.970.941.0-0.30.920.590.210.97-0.530.56
0.970.950.960.910.970.090.970.510.950.280.960.960.910.940.960.990.950.96-0.370.880.510.230.97-0.520.48
-0.46-0.56-0.35-0.56-0.46-0.21-0.460.14-0.540.47-0.51-0.31-0.38-0.4-0.54-0.45-0.25-0.50.2-0.170.130.29-0.53-0.520.16
0.620.580.640.610.430.290.440.950.590.920.610.630.660.660.590.530.630.62-0.260.770.990.380.560.480.16
Click cells to compare fundamentals

Ensign Account Relationship Matchups

Ensign fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.5B2.9B3.5B4.2B4.4B
Short Long Term Debt Total1.3B1.1B1.3B1.6B1.9B2.0B
Total Stockholder Equity656.1M818.2M1.0B1.2B1.5B1.6B
Net Debt1.3B877.4M1.0B1.3B1.4B1.4B
Cash59.2M236.6M262.2M316.3M509.6M535.1M
Other Assets44.9M1.1B80.2M76.9M88.5M110.8M
Cash And Short Term Investments76.9M250.0M276.0M331.7M526.9M553.2M
Common Stock Shares Outstanding56.0M55.8M56.9M56.9M57.3M50.2M
Liabilities And Stockholders Equity2.4B2.5B2.9B3.5B4.2B4.4B
Non Current Liabilities Total1.4B1.2B1.3B1.6B1.9B2.0B
Other Stockholder Equity264.6M267.0M286.7M300.9M349.2M193.2M
Total Liab1.7B1.7B1.8B2.2B2.7B2.8B
Total Current Assets411.1M583.0M639.7M781.1M1.0B1.1B
Other Current Liab239.8M451.1M366.3M370.7M524.1M550.3M
Total Current Liabilities343.2M562.4M523.1M582.1M734.7M771.5M
Property Plant And Equipment Net1.8B1.8B2.0B2.4B2.8B3.0B
Retained Earnings391.5M551.1M734.0M946.3M1.1B1.2B
Accounts Payable45.0M50.9M58.1M77.1M92.8M97.5M
Non Current Assets Total2.0B2.0B2.2B2.7B3.1B3.3B
Non Currrent Assets Other40.3M33.3M47.0M(67.5B)40.2M42.2M
Net Receivables309.0M305.1M328.7M408.4M485.0M509.3M
Common Stock Total Equity55K56K58K59K67.9K39.2K
Other Current Assets42.9M1.2M35.0M41.0M35.0M32.2M
Property Plant And Equipment Gross1.8B1.8B2.0B2.4B3.2B3.4B
Short Term Debt47.7M51.1M108.1M135.5M169.0M177.5M
Intangible Assets6.5M6.6M6.4M6.4M6.5M6.2M
Common Stock55K56K58K59K60K40.6K
Other Liab63.4M102.1M96.4M116.8M134.3M141.0M
Long Term Debt325.2M112.5M152.9M149.3M145.5M179.4M
Property Plant Equipment767.6M778.2M2.0B992.0M1.1B572.6M
Current Deferred Revenue10.7M10.3M9.3M9.7M10.8M8.7M
Net Tangible Assets593.3M757.0M953.9M1.2B1.3B1.4B
Noncontrolling Interest In Consolidated Entity1.9M150K946K1.5M1.7M2.5M
Retained Earnings Total Equity391.5M551.1M734.0M946.3M1.1B1.1B
Short Term Investments17.8M13.4M13.8M15.4M17.2M11.0M

Currently Active Assets on Macroaxis

When determining whether Ensign Group is a strong investment it is important to analyze Ensign'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 Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Providers & 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 Ensign. If investors know Ensign 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 Ensign 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
0.207
Dividend Share
0.24
Earnings Share
4.12
Revenue Per Share
72.801
Quarterly Revenue Growth
0.15
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign'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 Ensign's market value can be influenced by many factors that don't directly affect Ensign'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 Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign'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.