Enpro Long Term Debt Total vs Short Long Term Debt Analysis

NPO Stock  USD 189.10  1.08  0.57%   
Enpro Industries financial indicator trend analysis is much more than just examining Enpro Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enpro Industries is a good investment. Please check the relationship between Enpro Industries Long Term Debt Total and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.

Long Term Debt Total vs Short Long Term Debt

Long Term Debt Total vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enpro Industries Long Term Debt Total account and Short Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Enpro Industries' Long Term Debt Total and Short Long Term Debt is 0.24. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Enpro Industries, assuming nothing else is changed. The correlation between historical values of Enpro Industries' Long Term Debt Total and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Enpro Industries are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Debt Total i.e., Enpro Industries' Long Term Debt Total and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt Total

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Enpro Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enpro Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.At this time, Enpro Industries' Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Discontinued Operations is likely to grow to about 239.6 M, while Tax Provision is likely to drop about 13.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit436.6M423.3M426.8M392.1M
Total Revenue1.1B1.1B1.1B1.1B

Enpro Industries fundamental ratios Correlations

0.780.01-0.050.910.31-0.370.370.72-0.240.80.96-0.160.8-0.340.89-0.380.770.140.60.050.740.870.650.180.89
0.780.30.240.570.33-0.430.840.23-0.010.570.72-0.350.57-0.230.58-0.110.750.340.80.290.80.820.570.40.61
0.010.30.36-0.110.51-0.50.36-0.110.50.11-0.08-0.160.110.36-0.070.210.110.620.120.120.210.230.280.17-0.07
-0.050.240.36-0.220.110.110.5-0.220.14-0.18-0.070.09-0.180.09-0.120.26-0.030.210.370.030.240.130.050.78-0.11
0.910.57-0.11-0.220.4-0.450.080.67-0.110.790.84-0.360.79-0.220.85-0.320.460.220.520.250.380.790.70.080.86
0.310.330.510.110.4-0.420.190.130.780.320.08-0.450.320.650.21-0.070.020.880.380.370.050.590.81-0.090.25
-0.37-0.43-0.50.11-0.45-0.42-0.14-0.14-0.29-0.62-0.320.57-0.62-0.04-0.44-0.22-0.12-0.44-0.46-0.54-0.09-0.51-0.35-0.25-0.46
0.370.840.360.50.080.19-0.14-0.190.110.110.34-0.240.11-0.10.16-0.040.560.310.710.240.680.510.30.460.2
0.720.23-0.11-0.220.670.13-0.14-0.19-0.380.750.730.250.75-0.320.81-0.390.59-0.170.03-0.380.510.520.37-0.140.78
-0.24-0.010.50.14-0.110.78-0.290.11-0.38-0.16-0.46-0.52-0.160.87-0.30.17-0.40.890.170.47-0.350.120.48-0.15-0.25
0.80.570.11-0.180.790.32-0.620.110.75-0.160.75-0.311.0-0.340.920.020.560.120.440.230.50.720.580.090.92
0.960.72-0.08-0.070.840.08-0.320.340.73-0.460.75-0.010.75-0.530.87-0.420.81-0.090.53-0.080.770.790.420.240.86
-0.16-0.35-0.160.09-0.36-0.450.57-0.240.25-0.52-0.31-0.01-0.31-0.13-0.23-0.280.21-0.57-0.52-0.960.23-0.3-0.5-0.08-0.3
0.80.570.11-0.180.790.32-0.620.110.75-0.161.00.75-0.31-0.340.920.020.560.120.440.230.50.720.580.090.92
-0.34-0.230.360.09-0.220.65-0.04-0.1-0.320.87-0.34-0.53-0.13-0.34-0.450.05-0.410.7-0.050.12-0.38-0.070.36-0.28-0.42
0.890.58-0.07-0.120.850.21-0.440.160.81-0.30.920.87-0.230.92-0.45-0.240.63-0.010.510.140.580.750.520.161.0
-0.38-0.110.210.26-0.32-0.07-0.22-0.04-0.390.170.02-0.42-0.280.020.05-0.24-0.40.080.030.43-0.32-0.27-0.090.31-0.24
0.770.750.11-0.030.460.02-0.120.560.59-0.40.560.810.210.56-0.410.63-0.4-0.090.38-0.310.960.630.310.040.61
0.140.340.620.210.220.88-0.440.31-0.170.890.12-0.09-0.570.120.7-0.010.08-0.090.370.48-0.030.420.73-0.010.03
0.60.80.120.370.520.38-0.460.710.030.170.440.53-0.520.44-0.050.510.030.380.370.560.470.760.520.60.55
0.050.290.120.030.250.37-0.540.24-0.380.470.23-0.08-0.960.230.120.140.43-0.310.480.56-0.290.210.380.240.21
0.740.80.210.240.380.05-0.090.680.51-0.350.50.770.230.5-0.380.58-0.320.96-0.030.47-0.290.650.320.260.56
0.870.820.230.130.790.59-0.510.510.520.120.720.79-0.30.72-0.070.75-0.270.630.420.760.210.650.70.290.77
0.650.570.280.050.70.81-0.350.30.370.480.580.42-0.50.580.360.52-0.090.310.730.520.380.320.7-0.070.56
0.180.40.170.780.08-0.09-0.250.46-0.14-0.150.090.24-0.080.09-0.280.160.310.04-0.010.60.240.260.29-0.070.16
0.890.61-0.07-0.110.860.25-0.460.20.78-0.250.920.86-0.30.92-0.421.0-0.240.610.030.550.210.560.770.560.16
Click cells to compare fundamentals

Enpro Industries Account Relationship Matchups

Enpro Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B3.0B2.6B2.5B1.8B
Short Long Term Debt Total629.3M491.3M1.1B790.7M697.4M477.5M
Other Current Liab89.5M99M122.8M98M99.6M119.8M
Total Current Liabilities313.6M202M379.1M211.5M196.4M277.7M
Total Stockholder Equity886.9M1.1B1.3B1.4B1.4B721.9M
Property Plant And Equipment Net218.8M195M236.7M185.2M242.3M212.1M
Net Debt508.1M261.8M787.8M456.3M327.6M317.2M
Retained Earnings632.2M794.8M949.4M1.1B1.1B1.2B
Accounts Payable82.7M69.8M72M73.4M68.7M83.9M
Cash121.2M229.5M338.1M334.4M369.8M388.3M
Non Current Assets Total1.3B1.5B2.3B2.0B1.8B1.2B
Non Currrent Assets Other76.8M134.2M153.5M(30.2M)65M61.8M
Cash And Short Term Investments121.2M229.5M338.1M334.4M369.8M388.3M
Net Receivables189.5M192.8M145M137.1M116.7M163.5M
Good Will485.3M621.8M964.1M863.8M808.4M848.8M
Common Stock Shares Outstanding21.8M20.9M20.8M20.5M21M23.5M
Liabilities And Stockholders Equity2.0B2.1B3.0B2.6B2.5B1.8B
Non Current Liabilities Total806.6M754.7M1.3B1.0B875.5M762.9M
Inventory157.1M139.1M160M151.9M142.6M134.4M
Other Current Assets27.6M17.6M185.7M60.8M21.2M20.1M
Other Stockholder Equity290.9M288.4M302.4M298M303.7M362.2M
Total Liab1.1B956.7M1.7B1.2B1.1B1.0B
Property Plant And Equipment Gross218.8M195M469.6M331.4M355.4M235.6M
Total Current Assets749.5M579M713M684.2M650.3M573.3M
Accumulated Other Comprehensive Income(36.4M)(4.9M)14.6M(33.3M)(22.2M)(21.1M)
Short Term Debt4.1M13.9M171.5M24.8M18.1M33.7M
Intangible Assets466.9M553.6M901.4M799.8M733.5M770.2M
Other Liab153M267.2M309M210.1M189.1M203.4M
Other Assets77.1M348M153.5M69.3M79.7M140.8M
Long Term Debt625.2M487.5M963.9M775.1M638.7M385.9M
Property Plant Equipment218.8M195M236.7M185.2M213.0M212.3M
Net Tangible Assets(37.3M)(48.5M)(598.9M)(250.6M)(225.5M)(214.3M)
Retained Earnings Total Equity632.2M794.8M949.4M1.1B1.3B1.4B
Long Term Debt Total625.2M487.5M963.9M775.1M891.4M491.2M
Capital Surpluse292.1M289.6M303.6M299.2M269.3M285.6M
Non Current Liabilities Other181.4M267.2M142.7M111.7M116.1M191.6M

Pair Trading with Enpro Industries

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 Enpro Industries 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 Enpro Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enpro Stock

  0.83CR Crane CompanyPairCorr
  0.66HI HillenbrandPairCorr
  0.7IR Ingersoll RandPairCorr

Moving against Enpro Stock

  0.62CYD China Yuchai InternaPairCorr
  0.35RR Richtech Robotics ClassPairCorr
The ability to find closely correlated positions to Enpro Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enpro Industries 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 Enpro Industries - 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 Enpro Industries to buy it.
The correlation of Enpro Industries 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 Enpro Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enpro Industries 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 Enpro Industries 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 Enpro Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enpro Industries' 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 Enpro Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enpro Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enpro Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Enpro Stock, please use our How to Invest in Enpro Industries guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Industrial Machinery & Supplies & Components 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 Enpro Industries. If investors know Enpro 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 Enpro Industries 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
1.41
Dividend Share
1.19
Earnings Share
2.56
Revenue Per Share
49.554
Quarterly Revenue Growth
0.041
The market value of Enpro Industries is measured differently than its book value, which is the value of Enpro that is recorded on the company's balance sheet. Investors also form their own opinion of Enpro Industries' value that differs from its market value or its book value, called intrinsic value, which is Enpro Industries' 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 Enpro Industries' market value can be influenced by many factors that don't directly affect Enpro Industries' 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 Enpro Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enpro Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enpro Industries' 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.