Espey Historical Balance Sheet

ESP Stock

USD 30.18 0.16 0.53%

Trend analysis of Espey Mfg Electronics balance sheet accounts such as Total Stockholder Equity of 30.7 M or Property Plant And Equipment Net of 2.4 M provides information on Espey Mfg's total assets, liabilities, and equity, which is the actual value of Espey Mfg Electronics to its prevalent stockholders. By breaking down trends over time using Espey Mfg balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Espey Mfg Electronics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Espey Mfg Electronics is a good buy for the upcoming year.

Espey Mfg Inventory

12.52 Million

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Espey Mfg Electronics. 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.

About Espey Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Espey Mfg Electronics at a specified time, usually calculated after every quarter, six months, or one year. Espey Mfg Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Espey Mfg and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Espey currently owns. An asset can also be divided into two categories, current and non-current.

Espey Mfg Balance Sheet Chart

At this time, Espey Mfg's Short Term Investments are relatively stable compared to the past year. As of 12/01/2024, Retained Earnings Total Equity is likely to grow to about 17.4 M, while Property Plant And Equipment Net is likely to drop slightly above 2.4 M.

Total Assets Total Stockholder Equity Property Plant And Equipment Net Other Current Liab

Add Fundamental

Total Assets

Total assets refers to the total amount of Espey Mfg assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Espey Mfg Electronics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most accounts from Espey Mfg's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Espey Mfg Electronics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Espey Mfg Electronics. 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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	7.6M	11.5M	15.3M	16.0M
Total Assets	39.9M	47.5M	56.5M	34.0M

Total Current Liabilities Total Assets

Espey Mfg balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments	Common Stock	Treasury Stock	Property Plant Equipment
Total Assets		0.69	0.94	0.25	0.37	0.52	-0.39	-0.11	-0.29	0.63	0.42	0.41	-0.73	0.83	0.62	0.89	0.67	1.0	0.49	0.52	0.59	0.82	0.53	0.82	0.49	-0.21
Total Current Liabilities	0.69		0.56	0.08	0.51	0.42	-0.44	-0.08	-0.39	0.31	0.15	-0.12	-0.6	0.69	0.91	0.58	1.0	0.67	0.39	0.79	0.88	0.41	0.79	0.44	0.53	-0.24
Total Stockholder Equity	0.94	0.56		0.18	0.26	0.7	-0.27	-0.26	-0.23	0.71	0.46	0.23	-0.86	0.67	0.51	0.82	0.54	0.94	0.39	0.45	0.45	0.92	0.53	0.93	0.28	-0.29
Property Plant And Equipment Net	0.25	0.08	0.18		0.75	-0.23	-0.8	0.85	0.46	-0.22	0.51	0.47	-0.07	0.28	0.01	0.43	0.07	0.19	-0.15	0.3	0.03	0.09	0.11	0.08	0.03	0.87
Net Debt	0.37	0.51	0.26	0.75		-0.06	-0.99	0.65	0.18	-0.22	0.47	0.23	-0.18	0.42	0.52	0.47	0.51	0.31	0.24	0.46	0.48	0.04	0.51	0.05	0.25	0.62
Retained Earnings	0.52	0.42	0.7	-0.23	-0.06		0.11	-0.49	-0.22	0.74	0.1	-0.36	-0.73	0.11	0.47	0.2	0.4	0.54	0.22	0.28	0.32	0.61	0.62	0.63	-0.19	-0.58
Cash	-0.39	-0.44	-0.27	-0.8	-0.99	0.11		-0.69	-0.21	0.21	-0.5	-0.35	0.14	-0.44	-0.45	-0.5	-0.44	-0.33	-0.25	-0.4	-0.42	-0.06	-0.43	-0.06	-0.26	-0.67
Non Current Assets Total	-0.11	-0.08	-0.26	0.85	0.65	-0.49	-0.69		0.54	-0.43	0.18	0.44	0.39	-0.02	-0.06	0.03	-0.07	-0.18	-0.25	0.1	-0.03	-0.41	0.0	-0.42	-0.07	0.92
Non Currrent Assets Other	-0.29	-0.39	-0.23	0.46	0.18	-0.22	-0.21	0.54		-0.09	-0.28	0.14	0.11	-0.33	-0.21	-0.19	-0.39	-0.31	-0.14	-0.25	-0.27	-0.33	-0.04	-0.34	-0.25	0.61
Cash And Short Term Investments	0.63	0.31	0.71	-0.22	-0.22	0.74	0.21	-0.43	-0.09		-0.18	0.11	-0.58	0.19	0.37	0.36	0.29	0.66	0.24	0.2	0.25	0.61	0.53	0.6	-0.04	-0.58
Net Receivables	0.42	0.15	0.46	0.51	0.47	0.1	-0.5	0.18	-0.28	-0.18		0.25	-0.3	0.41	-0.04	0.52	0.14	0.41	-0.02	0.29	0.02	0.49	-0.05	0.48	0.04	0.29
Common Stock Shares Outstanding	0.41	-0.12	0.23	0.47	0.23	-0.36	-0.35	0.44	0.14	0.11	0.25		0.18	0.42	-0.1	0.5	-0.12	0.4	0.22	-0.15	-0.03	0.15	-0.24	0.11	0.34	0.38
Non Current Liabilities Total	-0.73	-0.6	-0.86	-0.07	-0.18	-0.73	0.14	0.39	0.11	-0.58	-0.3	0.18		-0.55	-0.51	-0.67	-0.58	-0.74	-0.27	-0.57	-0.43	-0.86	-0.58	-0.88	-0.24	0.34
Inventory	0.83	0.69	0.67	0.28	0.42	0.11	-0.44	-0.02	-0.33	0.19	0.41	0.42	-0.55		0.57	0.89	0.69	0.82	0.53	0.49	0.63	0.64	0.26	0.64	0.84	-0.04
Other Current Assets	0.62	0.91	0.51	0.01	0.52	0.47	-0.45	-0.06	-0.21	0.37	-0.04	-0.1	-0.51	0.57		0.44	0.91	0.6	0.59	0.53	0.94	0.27	0.84	0.29	0.5	-0.24
Other Stockholder Equity	0.89	0.58	0.82	0.43	0.47	0.2	-0.5	0.03	-0.19	0.36	0.52	0.5	-0.67	0.89	0.44		0.56	0.88	0.38	0.54	0.49	0.78	0.34	0.78	0.59	0.05
Total Liab	0.67	1.0	0.54	0.07	0.51	0.4	-0.44	-0.07	-0.39	0.29	0.14	-0.12	-0.58	0.69	0.91	0.56		0.65	0.39	0.78	0.89	0.39	0.79	0.41	0.53	-0.23
Total Current Assets	1.0	0.67	0.94	0.19	0.31	0.54	-0.33	-0.18	-0.31	0.66	0.41	0.4	-0.74	0.82	0.6	0.88	0.65		0.5	0.49	0.57	0.84	0.51	0.84	0.49	-0.26
Other Current Liab	0.49	0.39	0.39	-0.15	0.24	0.22	-0.25	-0.25	-0.14	0.24	-0.02	0.22	-0.27	0.53	0.59	0.38	0.39	0.5		-0.15	0.49	0.26	0.25	0.26	0.59	-0.22
Accounts Payable	0.52	0.79	0.45	0.3	0.46	0.28	-0.4	0.1	-0.25	0.2	0.29	-0.15	-0.57	0.49	0.53	0.54	0.78	0.49	-0.15		0.54	0.4	0.65	0.42	0.23	-0.02
Property Plant And Equipment Gross	0.59	0.88	0.45	0.03	0.48	0.32	-0.42	-0.03	-0.27	0.25	0.02	-0.03	-0.43	0.63	0.94	0.49	0.89	0.57	0.49	0.54		0.25	0.71	0.27	0.6	-0.2
Common Stock Total Equity	0.82	0.41	0.92	0.09	0.04	0.61	-0.06	-0.41	-0.33	0.61	0.49	0.15	-0.86	0.64	0.27	0.78	0.39	0.84	0.26	0.4	0.25		0.28	1.0	0.29	-0.35
Short Term Investments	0.53	0.79	0.53	0.11	0.51	0.62	-0.43	0.0	-0.04	0.53	-0.05	-0.24	-0.58	0.26	0.84	0.34	0.79	0.51	0.25	0.65	0.71	0.28		0.31	0.07	-0.19
Common Stock	0.82	0.44	0.93	0.08	0.05	0.63	-0.06	-0.42	-0.34	0.6	0.48	0.11	-0.88	0.64	0.29	0.78	0.41	0.84	0.26	0.42	0.27	1.0	0.31		0.29	-0.37
Treasury Stock	0.49	0.53	0.28	0.03	0.25	-0.19	-0.26	-0.07	-0.25	-0.04	0.04	0.34	-0.24	0.84	0.5	0.59	0.53	0.49	0.59	0.23	0.6	0.29	0.07	0.29		-0.08
Property Plant Equipment	-0.21	-0.24	-0.29	0.87	0.62	-0.58	-0.67	0.92	0.61	-0.58	0.29	0.38	0.34	-0.04	-0.24	0.05	-0.23	-0.26	-0.22	-0.02	-0.2	-0.35	-0.19	-0.37	-0.08

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Espey Mfg Account Relationship Matchups

Espey Mfg balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.2M	38.0M	39.9M	47.5M	56.5M	34.0M
Total Current Liabilities	6.7M	7.5M	7.6M	11.5M	15.3M	16.0M
Total Stockholder Equity	31.2M	30.3M	32.1M	35.9M	41.3M	30.7M
Property Plant And Equipment Net	3.5M	3.0M	2.8M	2.8M	3.3M	2.4M
Net Debt	(5.4M)	(6.8M)	(8.1M)	(2.7M)	(4.4M)	(4.6M)
Retained Earnings	18.8M	17.4M	18.7M	21.9M	26.0M	24.8M
Cash	5.4M	6.8M	8.1M	2.7M	4.4M	6.2M
Non Current Assets Total	3.5M	3.0M	2.8M	2.8M	3.3M	2.5M
Non Currrent Assets Other	(303.9K)	(294.4K)	(252.7K)	(334.0K)	(895.2K)	(850.4K)
Cash And Short Term Investments	10.5M	9.9M	11.8M	14.7M	23.2M	12.2M
Net Receivables	9.0M	5.6M	5.7M	5.8M	6.6M	4.4M
Common Stock Shares Outstanding	2.4M	2.4M	2.4M	2.5M	2.5M	1.9M
Liabilities And Stockholders Equity	38.2M	38.0M	39.9M	47.5M	56.5M	34.0M
Non Current Liabilities Total	277.1K	233.0K	168.6K	177.8K	137.8K	0.0
Inventory	14.8M	18.8M	18.6M	19.9M	19.2M	12.5M
Other Current Assets	396.9K	700.3K	2.0M	4.3M	4.1M	4.3M
Other Stockholder Equity	11.4M	11.9M	12.4M	13.0M	14.2M	7.8M
Total Liab	7.0M	7.6M	7.8M	11.6M	15.3M	16.0M
Total Current Assets	34.7M	35.0M	37.1M	44.7M	53.2M	30.5M
Other Current Liab	318.3K	1.7M	2.1M	10.3M	2.3M	1.5M
Accounts Payable	2.9M	2.7M	2.1M	1.2M	3.8M	3.9M
Property Plant And Equipment Gross	3.5M	3.0M	15.9M	16.4M	17.2M	18.1M
Accumulated Other Comprehensive Income	(3.1K)	(2.4K)	(1.9K)	(2.4K)	6.5K	6.9K
Short Term Investments	5.1M	3.1M	3.7M	12.0M	18.9M	19.8M
Treasury Stock	(7.7M)	(7.6M)	(7.7M)	(6.0M)	(6.9M)	(7.3M)
Property Plant Equipment	3.5M	3.0M	2.8M	2.8M	2.5M	2.4M
Net Tangible Assets	31.2M	30.3M	32.1M	35.9M	41.3M	32.7M
Capital Surpluse	19.1M	23.0M	23.1M	23.3M	26.8M	20.6M
Other Liab	233.0K	168.6K	177.8K	137.8K	124.0K	155.5K
Cash And Equivalents	5.4M	6.8M	8.1M	2.7M	2.5M	4.9M
Short Term Debt	1.2M	1.4M	1.6M	8.1M	(9.0M)	(8.6M)
Net Invested Capital	31.2M	30.3M	32.1M	35.9M	41.3M	36.9M
Net Working Capital	28.0M	27.5M	29.5M	33.2M	38.0M	33.6M
Current Deferred Revenue	2.2M	3.1M	3.4M	8.1M	9.0M	4.7M

Pair Trading with Espey Mfg

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 Espey Mfg 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 Espey Mfg will appreciate offsetting losses from the drop in the long position's value.

Moving against Espey Stock

0.79	XPON	Expion360	Pair Corr
0.7	FCEL	FuelCell Energy Trending	Pair Corr
0.43	FLUX	Flux Power Holdings	Pair Corr
0.42	EPOW	Sunrise New Energy	Pair Corr
0.37	ELPW	Elong Power Holding	Pair Corr

The ability to find closely correlated positions to Espey Mfg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Espey Mfg 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 Espey Mfg - 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 Espey Mfg Electronics to buy it.

The correlation of Espey Mfg 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 Espey Mfg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Espey Mfg Electronics 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 Espey Mfg 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 Correlation Correlation Matching

Additional Tools for Espey Stock Analysis

When running Espey Mfg's price analysis, check to measure Espey Mfg's 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 Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.

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Espey Historical Balance Sheet

Espey Mfg Inventory

12.52 Million

About Espey Balance Sheet Analysis

Espey Mfg Balance Sheet Chart

Total Assets

Total Stockholder Equity

Property Plant And Equipment Net

Espey Mfg balance sheet Correlations

Espey Mfg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Espey Mfg balance sheet Accounts

Pair Trading with Espey Mfg

Moving against Espey Stock

Additional Tools for Espey Stock Analysis

COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.94	Total Assets
Total Current Assets	+ 0.94	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.94	Other Current Assets

Cash	- 0.99	Net Debt
Common Stock	- 0.88	Non Current Liabilities Total
Common Stock Total Equity	- 0.86	Non Current Liabilities Total
Non Current Liabilities Total	- 0.86	Total Stockholder Equity
Cash	- 0.8	Property Plant And Equipment Net
Total Current Assets	- 0.74	Non Current Liabilities Total