Epsilon Depreciation And Amortization vs Total Operating Expenses Analysis

EPSN Stock  USD 5.95  0.04  0.67%   
Epsilon Energy financial indicator trend analysis is much more than just examining Epsilon Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Epsilon Energy is a good investment. Please check the relationship between Epsilon Energy Depreciation And Amortization and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Epsilon Energy. 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.
To learn how to invest in Epsilon Stock, please use our How to Invest in Epsilon Energy guide.

Depreciation And Amortization vs Total Operating Expenses

Depreciation And Amortization vs Total Operating Expenses Correlation Analysis

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

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Epsilon Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Epsilon Energy 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 Epsilon Energy. 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.
To learn how to invest in Epsilon Stock, please use our How to Invest in Epsilon Energy guide.At this time, Epsilon Energy's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Selling General Administrative is likely to drop about 5.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit27.2M54.1M14.2M16.5M
Total Revenue42.4M70.0M30.7M32.6M

Epsilon Energy fundamental ratios Correlations

0.420.80.940.54-0.160.650.010.930.130.030.730.650.810.140.070.060.840.630.16-0.370.51-0.01-0.09-0.180.29
0.420.040.370.43-0.270.380.210.380.230.140.110.150.22-0.18-0.250.110.620.110.13-0.220.630.82-0.38-0.090.13
0.80.040.620.0-0.050.440.190.63-0.120.290.770.720.40.410.420.230.340.60.43-0.030.02-0.420.22-0.230.01
0.940.370.620.75-0.210.71-0.270.980.26-0.290.610.590.920.0-0.16-0.030.910.57-0.17-0.440.590.01-0.090.010.41
0.540.430.00.75-0.10.63-0.580.740.49-0.60.180.090.83-0.28-0.51-0.130.860.32-0.55-0.470.790.39-0.220.150.59
-0.16-0.27-0.05-0.21-0.10.14-0.06-0.210.080.05-0.08-0.68-0.120.150.340.26-0.210.140.040.420.090.060.23-0.30.52
0.650.380.440.710.630.14-0.420.790.31-0.450.340.250.57-0.12-0.380.540.620.28-0.370.180.740.24-0.030.270.74
0.010.210.19-0.27-0.58-0.06-0.42-0.28-0.510.90.160.08-0.310.160.47-0.03-0.16-0.180.86-0.03-0.210.1-0.38-0.43-0.45
0.930.380.630.980.74-0.210.79-0.280.25-0.30.580.570.89-0.08-0.260.110.880.47-0.18-0.330.650.04-0.150.130.48
0.130.23-0.120.260.490.080.31-0.510.25-0.43-0.29-0.120.25-0.08-0.310.130.310.28-0.450.040.360.26-0.02-0.080.32
0.030.140.29-0.29-0.60.05-0.450.9-0.3-0.430.230.04-0.350.320.68-0.06-0.220.070.98-0.04-0.310.02-0.12-0.58-0.52
0.730.110.770.610.18-0.080.340.160.58-0.290.230.550.480.440.33-0.220.430.480.42-0.380.05-0.230.09-0.160.01
0.650.150.720.590.09-0.680.250.080.57-0.120.040.550.360.220.060.030.370.370.15-0.23-0.06-0.390.080.02-0.29
0.810.220.40.920.83-0.120.57-0.310.890.25-0.350.480.36-0.12-0.23-0.20.90.45-0.25-0.570.640.02-0.250.00.48
0.14-0.180.410.0-0.280.15-0.120.16-0.08-0.080.320.440.22-0.120.65-0.19-0.160.450.45-0.08-0.43-0.310.54-0.37-0.33
0.07-0.250.42-0.16-0.510.34-0.380.47-0.26-0.310.680.330.06-0.230.65-0.18-0.280.540.72-0.06-0.54-0.40.45-0.79-0.46
0.060.110.23-0.03-0.130.260.54-0.030.110.13-0.06-0.220.03-0.2-0.19-0.18-0.12-0.11-0.110.840.310.10.010.160.44
0.840.620.340.910.86-0.210.62-0.160.880.31-0.220.430.370.9-0.16-0.28-0.120.44-0.14-0.560.780.36-0.35-0.060.44
0.630.110.60.570.320.140.28-0.180.470.280.070.480.370.450.450.54-0.110.440.16-0.290.07-0.20.52-0.63-0.01
0.160.130.43-0.17-0.550.04-0.370.86-0.18-0.450.980.420.15-0.250.450.72-0.11-0.140.16-0.1-0.31-0.06-0.06-0.56-0.51
-0.37-0.22-0.03-0.44-0.470.420.18-0.03-0.330.04-0.04-0.38-0.23-0.57-0.08-0.060.84-0.56-0.29-0.1-0.1-0.080.210.20.25
0.510.630.020.590.790.090.74-0.210.650.36-0.310.05-0.060.64-0.43-0.540.310.780.07-0.31-0.10.65-0.520.130.75
-0.010.82-0.420.010.390.060.240.10.040.260.02-0.23-0.390.02-0.31-0.40.10.36-0.2-0.06-0.080.65-0.460.030.33
-0.09-0.380.22-0.09-0.220.23-0.03-0.38-0.15-0.02-0.120.090.08-0.250.540.450.01-0.350.52-0.060.21-0.52-0.46-0.12-0.2
-0.18-0.09-0.230.010.15-0.30.27-0.430.13-0.08-0.58-0.160.020.0-0.37-0.790.16-0.06-0.63-0.560.20.130.03-0.120.29
0.290.130.010.410.590.520.74-0.450.480.32-0.520.01-0.290.48-0.33-0.460.440.44-0.01-0.510.250.750.33-0.20.29
Click cells to compare fundamentals

Epsilon Energy Account Relationship Matchups

Epsilon Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets97.7M86.7M99.5M123.9M124.0M126.3M
Total Current Liabilities7.5M4.5M7.5M6.2M7.9M9.9M
Total Stockholder Equity76.4M69.0M79.3M104.2M100.6M91.4M
Property Plant And Equipment Net74.7M68.3M67.2M67.8M80.6M95.6M
Net Debt(14.1M)(13.3M)(26.5M)(45.2M)(12.8M)(12.2M)
Retained Earnings(81.3M)(80.4M)(68.8M)(39.3M)(37.9M)(39.8M)
Accounts Payable2.8M1.6M1.2M1.7M3.1M3.5M
Cash14.1M13.3M26.5M45.2M13.4M19.9M
Non Current Assets Total75.2M68.9M67.8M68.4M82.9M72.3M
Non Currrent Assets Other(11.8M)(9.5M)(9.3M)(10.6B)2.3M2.4M
Cash And Short Term Investments14.1M13.3M26.5M45.2M32.2M21.1M
Net Receivables4.3M3.9M4.6M7.2M6.0M4.8M
Common Stock Shares Outstanding27.1M25.1M23.9M23.4M22.5M25.9M
Liabilities And Stockholders Equity97.7M86.7M99.5M123.9M124.0M126.3M
Non Current Liabilities Total13.8M13.1M12.7M13.4M15.5M21.3M
Inventory205.7K3.6M89.3K2.4M2.7M2.9M
Other Current Assets433.7K589.9K569.9K3.0M2.9M3.1M
Other Stockholder Equity7.0M7.9M6.4M9.9M10.5M10.0M
Total Liab21.3M17.7M20.2M19.6M23.4M34.9M
Property Plant And Equipment Gross67.4M74.7M68.3M67.2M229.9M241.4M
Total Current Assets22.4M17.8M31.7M55.5M41.1M27.0M
Accumulated Other Comprehensive Income9.8M9.8M9.8M9.8M9.8M10.3M
Other Current Liab4.7M2.8M6.4M3.3M3.6M3.7M
Short Term Debt2.9M0.0239.8K35.3K172.9K164.3K
Common Stock Total Equity143.6M140.8M131.7M131.8M151.6M148.2M
Common Stock140.8M131.7M131.8M123.9M118.3M106.2M
Other Liab13.8M13.1M12.7M13.4M12.1M13.2M
Net Tangible Assets69.9M76.4M69.0M79.3M71.3M58.1M
Other Assets562.4K68.6M568.1K570.4K655.9K623.1K
Property Plant Equipment67.4M74.7M68.3M67.2M60.5M67.4M
Capital Surpluse6.5M7.0M7.9M8.8M10.2M7.8M
Net Invested Capital76.4M69.0M79.3M104.2M100.6M92.1M
Net Working Capital14.9M13.3M24.1M49.2M33.2M23.9M
Capital Stock140.8M131.7M131.8M123.9M118.3M105.4M

Pair Trading with Epsilon Energy

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 Epsilon Energy 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 Epsilon Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Epsilon Stock

  0.59BKV BKV CorporationPairCorr
The ability to find closely correlated positions to Epsilon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Epsilon Energy 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 Epsilon Energy - 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 Epsilon Energy to buy it.
The correlation of Epsilon Energy 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 Epsilon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Epsilon Energy 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 Epsilon Energy 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 CorrelationCorrelation Matching
When determining whether Epsilon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Epsilon Energy's 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 Epsilon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Epsilon Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Epsilon Energy. 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.
To learn how to invest in Epsilon Stock, please use our How to Invest in Epsilon Energy guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Oil & Gas Exploration & Production 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 Epsilon Energy. If investors know Epsilon 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 Epsilon Energy 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
(0.05)
Dividend Share
0.25
Earnings Share
0.24
Revenue Per Share
1.416
Quarterly Revenue Growth
0.155
The market value of Epsilon Energy is measured differently than its book value, which is the value of Epsilon that is recorded on the company's balance sheet. Investors also form their own opinion of Epsilon Energy's value that differs from its market value or its book value, called intrinsic value, which is Epsilon Energy'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 Epsilon Energy's market value can be influenced by many factors that don't directly affect Epsilon Energy'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 Epsilon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Epsilon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Epsilon Energy'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.