Esquire Net Receivables vs Common Stock Analysis

ESQ Stock  USD 78.90  0.98  1.26%   
Esquire Financial financial indicator trend analysis is much more than just examining Esquire Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Esquire Financial is a good investment. Please check the relationship between Esquire Financial Net Receivables and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Esquire Financial Holdings. 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.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Esquire Financial Net Receivables account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Esquire Financial's Net Receivables and Common Stock is -0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock in the same time period over historical financial statements of Esquire Financial Holdings, assuming nothing else is changed. The correlation between historical values of Esquire Financial's Net Receivables 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 Receivables of Esquire Financial Holdings 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 Receivables i.e., Esquire Financial's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Common Stock

Most indicators from Esquire Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Esquire Financial 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 Esquire Financial Holdings. 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, Esquire Financial's Tax Provision is relatively stable compared to the past year. As of 12/04/2024, Sales General And Administrative To Revenue is likely to grow to 0.39, while Enterprise Value Multiple is likely to drop 3.62.
 2021 2022 2023 2024 (projected)
Gross Profit62.8M81.5M29.8M41.1M
Total Revenue64.7M84.3M109.0M114.4M

Esquire Financial fundamental ratios Correlations

0.430.990.980.84-0.790.88-0.030.810.560.440.14-0.880.940.230.880.80.470.860.730.93-0.840.940.930.870.59
0.430.530.520.720.00.370.32-0.050.410.27-0.22-0.570.48-0.450.670.230.150.690.330.57-0.70.60.350.680.52
0.990.531.00.88-0.720.860.040.730.570.440.11-0.910.940.150.920.760.460.910.680.95-0.90.960.910.920.67
0.980.521.00.88-0.690.830.090.720.50.370.19-0.920.950.120.940.720.430.920.640.95-0.910.960.910.930.69
0.840.720.880.88-0.50.720.190.490.530.390.02-0.850.82-0.050.90.580.40.890.550.87-0.90.890.750.890.79
-0.790.0-0.72-0.69-0.5-0.870.32-0.93-0.64-0.620.030.59-0.71-0.51-0.5-0.92-0.61-0.48-0.86-0.630.46-0.67-0.71-0.5-0.2
0.880.370.860.830.72-0.87-0.290.730.840.76-0.2-0.810.80.270.750.960.60.740.860.82-0.720.810.820.750.48
-0.030.320.040.090.190.32-0.29-0.21-0.44-0.550.45-0.210.05-0.420.22-0.480.140.22-0.44-0.04-0.210.150.040.220.47
0.81-0.050.730.720.49-0.930.73-0.210.420.40.17-0.530.720.560.470.790.50.450.740.63-0.430.670.720.470.16
0.560.410.570.50.53-0.640.84-0.440.420.98-0.7-0.510.420.290.450.810.610.450.740.54-0.470.490.530.450.25
0.440.270.440.370.39-0.620.76-0.550.40.98-0.77-0.350.270.410.280.760.580.280.70.4-0.310.330.410.290.1
0.14-0.220.110.190.020.03-0.20.450.17-0.7-0.77-0.170.3-0.20.2-0.21-0.310.19-0.210.11-0.130.190.140.190.22
-0.88-0.57-0.91-0.92-0.850.59-0.81-0.21-0.53-0.51-0.35-0.17-0.880.01-0.97-0.65-0.42-0.95-0.57-0.90.94-0.9-0.9-0.96-0.8
0.940.480.940.950.82-0.710.80.050.720.420.270.3-0.88-0.040.910.750.320.90.710.95-0.860.980.830.910.6
0.23-0.450.150.12-0.05-0.510.27-0.420.560.290.41-0.20.01-0.04-0.140.340.23-0.150.280.040.09-0.060.28-0.14-0.26
0.880.670.920.940.9-0.50.750.220.470.450.280.2-0.970.91-0.140.60.310.990.550.94-0.970.940.840.990.8
0.80.230.760.720.58-0.920.96-0.480.790.810.76-0.21-0.650.750.340.60.50.590.950.74-0.570.720.710.60.23
0.470.150.460.430.4-0.610.60.140.50.610.58-0.31-0.420.320.230.310.50.270.370.25-0.260.420.510.290.39
0.860.690.910.920.89-0.480.740.220.450.450.280.19-0.950.9-0.150.990.590.270.540.94-0.990.930.781.00.79
0.730.330.680.640.55-0.860.86-0.440.740.740.7-0.21-0.570.710.280.550.950.370.540.71-0.530.690.60.550.08
0.930.570.950.950.87-0.630.82-0.040.630.540.40.11-0.90.950.040.940.740.250.940.71-0.930.950.840.940.62
-0.84-0.7-0.9-0.91-0.90.46-0.72-0.21-0.43-0.47-0.31-0.130.94-0.860.09-0.97-0.57-0.26-0.99-0.53-0.93-0.91-0.76-0.99-0.79
0.940.60.960.960.89-0.670.810.150.670.490.330.19-0.90.98-0.060.940.720.420.930.690.95-0.910.830.940.66
0.930.350.910.910.75-0.710.820.040.720.530.410.14-0.90.830.280.840.710.510.780.60.84-0.760.830.790.62
0.870.680.920.930.89-0.50.750.220.470.450.290.19-0.960.91-0.140.990.60.291.00.550.94-0.990.940.790.79
0.590.520.670.690.79-0.20.480.470.160.250.10.22-0.80.6-0.260.80.230.390.790.080.62-0.790.660.620.79
Click cells to compare fundamentals

Esquire Financial Account Relationship Matchups

Esquire Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets798.0M936.7M1.2B1.4B1.6B905.5M
Total Current Liabilities202.4M352.3M410.0M38.8M479.0M349.7M
Total Stockholder Equity111.1M126.1M143.7M158.2M198.6M115.9M
Net Tangible Assets111.1M126.1M143.7M158.2M181.9M104.5M
Property Plant And Equipment Net2.8M3.0M3.3M2.7M4.3M2.8M
Net Debt(61.7M)(65.1M)(146.2M)(161.3M)(165.2M)(156.9M)
Retained Earnings20.9M33.5M51.5M77.7M114.3M120.0M
Accounts Payable680.6M804.1M1.0B9.2M10.6M10.1M
Cash61.8M65.2M149.2M164.1M165.2M91.0M
Non Current Assets Total149.3M120.7M151.7M12.3M1.7B1.7B
Non Currrent Assets Other(149.3M)(120.7M)(151.7M)(191.0M)1.4B1.5B
Other Assets437.3M628.7M725.3M1.1B(330.3M)(313.8M)
Long Term Debt278K89K86K49K44.1K41.9K
Cash And Short Term Investments208.2M182.8M297.5M351.8M287.3M220.1M
Net Receivables3.2M4.5M4.2M5.8M9.1M4.8M
Common Stock Shares Outstanding7.8M7.6M7.9M8.2M8.3M7.4M
Non Current Liabilities Total86K49K626.9M1.2B1.4B1.5B
Other Current Assets65.0M121.4M203.6M(78.4M)176.1M184.9M
Other Stockholder Equity89.7M91.1M93.0M95.5M97.4M88.8M
Total Liab86K49K1.0B1.2B1.4B1.5B
Long Term Investments146.4M117.7M148.4M187.6M199.1M145.4M
Total Current Assets211.5M187.4M301.7M279.2M296.4M215.5M
Common Stock77K78K81K82K84K75.9K
Property Plant Equipment5.5M5.9M3.3M2.7M3.1M3.3M
Short Long Term Debt Total667K694K3.0M2.8M2.2M1.3M
Other Current Liab201.8M351.7M409.4M(38.8M)479.0M275.2M
Other Liab2.7M6.3M6.6M6.6M7.6M4.1M
Common Stock Total Equity77K78K81K82K94.3K77.7K
Short Term Investments146.4M117.7M148.4M187.6M122.1M143.4M
Liabilities And Stockholders Equity798.0M936.7M1.2B1.4B1.6B965.7M
Capital Surpluse89.7M91.6M93.6M96.4M110.8M91.3M
Property Plant And Equipment Gross2.8M3.0M7.4M7.4M8.0M4.5M
Accumulated Other Comprehensive Income386K1.4M(850K)(15.1M)(13.2M)(12.6M)
Long Term Debt Total278K89K86K49K44.1K41.9K

Pair Trading with Esquire Financial

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 Esquire Financial 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 Esquire Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Esquire Stock

  0.93AX Axos FinancialPairCorr
  0.93BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.61KB KB Financial GroupPairCorr

Moving against Esquire Stock

  0.65TFC-PO Truist FinancialPairCorr
  0.65CFG-PE Citizens FinancialPairCorr
  0.61TFC-PR Truist FinancialPairCorr
The ability to find closely correlated positions to Esquire Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Esquire Financial 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 Esquire Financial - 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 Esquire Financial Holdings to buy it.
The correlation of Esquire Financial 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 Esquire Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Esquire Financial 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 Esquire Financial 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

Additional Tools for Esquire Stock Analysis

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