Ensign Net Tangible Assets from 2010 to 2024

ENSG Stock  USD 146.21  0.23  0.16%   
Ensign's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are estimated to finish at about 1.4 B this year. Net Tangible Assets is the total assets of The Ensign Group minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
1.2 B
Current Value
1.3 B
Quarterly Volatility
308.6 M
 
Yuan Drop
 
Covid
Check Ensign financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ensign's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 8.2 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.002 or PTB Ratio of 7.38. Ensign financial statements analysis is a perfect complement when working with Ensign Valuation or Volatility modules.
  
Check out the analysis of Ensign Correlation against competitors.

Latest Ensign's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of The Ensign Group over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Ensign's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ensign's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Ensign Net Tangible Assets Regression Statistics

Arithmetic Mean600,377,753
Geometric Mean485,307,255
Coefficient Of Variation69.86
Mean Deviation348,965,537
Median353,283,000
Standard Deviation419,434,341
Sample Variance175925.2T
Range1.2B
R-Value0.90
Mean Square Error35256.3T
R-Squared0.81
Slope84,612,990
Total Sum of Squares2462952.3T

Ensign Net Tangible Assets History

20241.4 B
20231.3 B
20221.2 B
2021953.9 M
2020757 M
2019593.3 M
2018451.9 M

About Ensign Financial Statements

Ensign stakeholders use historical fundamental indicators, such as Ensign's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Ensign investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ensign's assets and liabilities are reflected in the revenues and expenses on Ensign's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Ensign Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets1.3 B1.4 B

Currently Active Assets on Macroaxis

When determining whether Ensign Group is a strong investment it is important to analyze Ensign's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out the analysis of Ensign Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Health Care Providers & Services 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 Ensign. If investors know Ensign 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 Ensign 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
0.207
Dividend Share
0.24
Earnings Share
4.12
Revenue Per Share
72.801
Quarterly Revenue Growth
0.15
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign'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 Ensign's market value can be influenced by many factors that don't directly affect Ensign'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 Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign'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.