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 Direction | Negative |
Relationship Strength | Insignificant |
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 Profit | 27.2M | 54.1M | 14.2M | 16.5M | Total Revenue | 42.4M | 70.0M | 30.7M | 32.6M |
Epsilon Energy fundamental ratios Correlations
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Epsilon Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Epsilon Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 97.7M | 86.7M | 99.5M | 123.9M | 124.0M | 126.3M | |
Total Current Liabilities | 7.5M | 4.5M | 7.5M | 6.2M | 7.9M | 9.9M | |
Total Stockholder Equity | 76.4M | 69.0M | 79.3M | 104.2M | 100.6M | 91.4M | |
Property Plant And Equipment Net | 74.7M | 68.3M | 67.2M | 67.8M | 80.6M | 95.6M | |
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 Payable | 2.8M | 1.6M | 1.2M | 1.7M | 3.1M | 3.5M | |
Cash | 14.1M | 13.3M | 26.5M | 45.2M | 13.4M | 19.9M | |
Non Current Assets Total | 75.2M | 68.9M | 67.8M | 68.4M | 82.9M | 72.3M | |
Non Currrent Assets Other | (11.8M) | (9.5M) | (9.3M) | (10.6B) | 2.3M | 2.4M | |
Cash And Short Term Investments | 14.1M | 13.3M | 26.5M | 45.2M | 32.2M | 21.1M | |
Net Receivables | 4.3M | 3.9M | 4.6M | 7.2M | 6.0M | 4.8M | |
Common Stock Shares Outstanding | 27.1M | 25.1M | 23.9M | 23.4M | 22.5M | 25.9M | |
Liabilities And Stockholders Equity | 97.7M | 86.7M | 99.5M | 123.9M | 124.0M | 126.3M | |
Non Current Liabilities Total | 13.8M | 13.1M | 12.7M | 13.4M | 15.5M | 21.3M | |
Inventory | 205.7K | 3.6M | 89.3K | 2.4M | 2.7M | 2.9M | |
Other Current Assets | 433.7K | 589.9K | 569.9K | 3.0M | 2.9M | 3.1M | |
Other Stockholder Equity | 7.0M | 7.9M | 6.4M | 9.9M | 10.5M | 10.0M | |
Total Liab | 21.3M | 17.7M | 20.2M | 19.6M | 23.4M | 34.9M | |
Property Plant And Equipment Gross | 67.4M | 74.7M | 68.3M | 67.2M | 229.9M | 241.4M | |
Total Current Assets | 22.4M | 17.8M | 31.7M | 55.5M | 41.1M | 27.0M | |
Accumulated Other Comprehensive Income | 9.8M | 9.8M | 9.8M | 9.8M | 9.8M | 10.3M | |
Other Current Liab | 4.7M | 2.8M | 6.4M | 3.3M | 3.6M | 3.7M | |
Short Term Debt | 2.9M | 0.0 | 239.8K | 35.3K | 172.9K | 164.3K | |
Common Stock Total Equity | 143.6M | 140.8M | 131.7M | 131.8M | 151.6M | 148.2M | |
Common Stock | 140.8M | 131.7M | 131.8M | 123.9M | 118.3M | 106.2M | |
Other Liab | 13.8M | 13.1M | 12.7M | 13.4M | 12.1M | 13.2M | |
Net Tangible Assets | 69.9M | 76.4M | 69.0M | 79.3M | 71.3M | 58.1M | |
Other Assets | 562.4K | 68.6M | 568.1K | 570.4K | 655.9K | 623.1K | |
Property Plant Equipment | 67.4M | 74.7M | 68.3M | 67.2M | 60.5M | 67.4M | |
Capital Surpluse | 6.5M | 7.0M | 7.9M | 8.8M | 10.2M | 7.8M | |
Net Invested Capital | 76.4M | 69.0M | 79.3M | 104.2M | 100.6M | 92.1M | |
Net Working Capital | 14.9M | 13.3M | 24.1M | 49.2M | 33.2M | 23.9M | |
Capital Stock | 140.8M | 131.7M | 131.8M | 123.9M | 118.3M | 105.4M |
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
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.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.