Enerflex Cash vs Retained Earnings Analysis

EFXT Stock

USD 10.44 0.17 1.66%

Enerflex financial indicator trend analysis is much more than just examining Enerflex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerflex is a good investment. Please check the relationship between Enerflex Cash and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerflex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerflex Cash account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Enerflex's Cash and Retained Earnings is 0.12. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Enerflex, assuming nothing else is changed. The correlation between historical values of Enerflex's Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Enerflex are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Enerflex's Cash and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Enerflex, which is listed under current asset account on Enerflex balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Enerflex customers. The amounts must be unrestricted with restricted cash listed in a different Enerflex account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Enerflex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerflex 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 Enerflex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.Tax Provision is likely to drop to about 29.6 M in 2025. Selling General Administrative is likely to drop to about 261.1 M in 2025

	2022	2023	2024	2025 (projected)
Interest Expense	49.4M	119.7M	137.7M	144.5M
Depreciation And Amortization	128.3M	201.7M	231.9M	243.5M

Interest Expense Depreciation And Amortization

Enerflex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.88	0.49	0.81	0.87	0.87	-0.11	0.86	-0.18	0.93	0.13	0.98	0.46	0.19	0.71	0.51	0.88	0.88	0.65	0.81	0.27	0.86	0.92	0.48	0.77	0.95
Short Long Term Debt Total	0.88		0.7	0.95	0.76	0.97	-0.27	0.99	-0.23	0.83	0.12	0.86	0.39	0.17	0.85	0.46	0.77	1.0	0.54	0.91	0.24	0.99	0.81	0.65	0.91	0.84
Other Current Liab	0.49	0.7		0.76	0.4	0.69	-0.67	0.73	-0.28	0.31	-0.18	0.45	-0.32	-0.12	0.85	0.14	0.73	0.68	0.25	0.56	0.21	0.72	0.54	0.64	0.56	0.54
Total Current Liabilities	0.81	0.95	0.76		0.63	0.9	-0.17	0.94	-0.3	0.78	0.18	0.75	0.26	0.24	0.92	0.36	0.75	0.94	0.52	0.85	0.26	0.98	0.84	0.66	0.91	0.76
Total Stockholder Equity	0.87	0.76	0.4	0.63		0.85	-0.23	0.75	-0.07	0.76	0.1	0.9	0.42	0.15	0.61	0.57	0.78	0.78	0.37	0.74	0.29	0.73	0.7	0.3	0.5	0.9
Property Plant And Equipment Net	0.87	0.97	0.69	0.9	0.85		-0.35	0.97	-0.12	0.81	0.08	0.86	0.39	0.13	0.84	0.41	0.78	0.98	0.52	0.92	0.21	0.96	0.78	0.55	0.81	0.87
Current Deferred Revenue	-0.11	-0.27	-0.67	-0.17	-0.23	-0.35		-0.33	-0.1	0.09	0.49	-0.14	0.37	0.46	-0.31	0.14	-0.4	-0.26	-0.05	-0.22	0.1	-0.22	-0.02	-0.31	-0.07	-0.27
Net Debt	0.86	0.99	0.73	0.94	0.75	0.97	-0.33		-0.25	0.79	0.0	0.85	0.35	0.05	0.84	0.46	0.78	0.99	0.54	0.91	0.28	0.98	0.77	0.67	0.9	0.83
Retained Earnings	-0.18	-0.23	-0.28	-0.3	-0.07	-0.12	-0.1	-0.25		-0.05	0.12	-0.22	0.21	0.1	-0.29	-0.64	-0.34	-0.23	0.35	-0.13	-0.86	-0.26	-0.07	-0.33	-0.27	-0.18
Accounts Payable	0.93	0.83	0.31	0.78	0.76	0.81	0.09	0.79	-0.05		0.31	0.88	0.63	0.36	0.65	0.37	0.69	0.84	0.71	0.76	0.1	0.83	0.91	0.38	0.8	0.86
Cash	0.13	0.12	-0.18	0.18	0.1	0.08	0.49	0.0	0.12	0.31		0.05	0.31	1.0	0.17	-0.01	-0.09	0.13	-0.06	0.03	-0.29	0.15	0.3	-0.08	0.19	0.09
Non Current Assets Total	0.98	0.86	0.45	0.75	0.9	0.86	-0.14	0.85	-0.22	0.88	0.05		0.49	0.11	0.64	0.59	0.86	0.87	0.58	0.82	0.35	0.83	0.83	0.45	0.73	0.94
Non Currrent Assets Other	0.46	0.39	-0.32	0.26	0.42	0.39	0.37	0.35	0.21	0.63	0.31	0.49		0.31	-0.05	0.13	0.07	0.4	0.5	0.57	-0.08	0.35	0.34	-0.06	0.47	0.41
Cash And Short Term Investments	0.19	0.17	-0.12	0.24	0.15	0.13	0.46	0.05	0.1	0.36	1.0	0.11	0.31		0.23	0.01	-0.02	0.18	-0.01	0.08	-0.28	0.21	0.37	-0.03	0.24	0.16
Net Receivables	0.71	0.85	0.85	0.92	0.61	0.84	-0.31	0.84	-0.29	0.65	0.17	0.64	-0.05	0.23		0.33	0.77	0.85	0.35	0.66	0.23	0.89	0.79	0.62	0.72	0.71
Good Will	0.51	0.46	0.14	0.36	0.57	0.41	0.14	0.46	-0.64	0.37	-0.01	0.59	0.13	0.01	0.33		0.43	0.47	-0.14	0.32	0.73	0.43	0.26	0.3	0.32	0.4
Common Stock Shares Outstanding	0.88	0.77	0.73	0.75	0.78	0.78	-0.4	0.78	-0.34	0.69	-0.09	0.86	0.07	-0.02	0.77	0.43		0.77	0.44	0.7	0.41	0.77	0.81	0.5	0.59	0.91
Non Current Liabilities Total	0.88	1.0	0.68	0.94	0.78	0.98	-0.26	0.99	-0.23	0.84	0.13	0.87	0.4	0.18	0.85	0.47	0.77		0.54	0.91	0.25	0.99	0.81	0.63	0.9	0.85
Inventory	0.65	0.54	0.25	0.52	0.37	0.52	-0.05	0.54	0.35	0.71	-0.06	0.58	0.5	-0.01	0.35	-0.14	0.44	0.54		0.57	-0.28	0.54	0.72	0.27	0.6	0.56
Other Current Assets	0.81	0.91	0.56	0.85	0.74	0.92	-0.22	0.91	-0.13	0.76	0.03	0.82	0.57	0.08	0.66	0.32	0.7	0.91	0.57		0.24	0.89	0.7	0.55	0.84	0.81
Other Stockholder Equity	0.27	0.24	0.21	0.26	0.29	0.21	0.1	0.28	-0.86	0.1	-0.29	0.35	-0.08	-0.28	0.23	0.73	0.41	0.25	-0.28	0.24		0.25	0.07	0.15	0.16	0.27
Total Liab	0.86	0.99	0.72	0.98	0.73	0.96	-0.22	0.98	-0.26	0.83	0.15	0.83	0.35	0.21	0.89	0.43	0.77	0.99	0.54	0.89	0.25		0.84	0.65	0.92	0.83
Total Current Assets	0.92	0.81	0.54	0.84	0.7	0.78	-0.02	0.77	-0.07	0.91	0.3	0.83	0.34	0.37	0.79	0.26	0.81	0.81	0.72	0.7	0.07	0.84		0.49	0.77	0.86
Short Term Debt	0.48	0.65	0.64	0.66	0.3	0.55	-0.31	0.67	-0.33	0.38	-0.08	0.45	-0.06	-0.03	0.62	0.3	0.5	0.63	0.27	0.55	0.15	0.65	0.49		0.69	0.42
Intangible Assets	0.77	0.91	0.56	0.91	0.5	0.81	-0.07	0.9	-0.27	0.8	0.19	0.73	0.47	0.24	0.72	0.32	0.59	0.9	0.6	0.84	0.16	0.92	0.77	0.69		0.68
Common Stock	0.95	0.84	0.54	0.76	0.9	0.87	-0.27	0.83	-0.18	0.86	0.09	0.94	0.41	0.16	0.71	0.4	0.91	0.85	0.56	0.81	0.27	0.83	0.86	0.42	0.68

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Enerflex Account Relationship Matchups

Enerflex fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.2B	2.2B	4.3B	3.9B	4.5B	2.5B
Short Long Term Debt Total	451.6M	388.4M	1.5B	1.3B	1.5B	1.6B
Other Current Liab	14.8M	13.4M	(165.4M)	573.4M	659.4M	692.4M
Total Current Liabilities	287.6M	355.4M	1.1B	1.1B	1.3B	1.4B
Total Stockholder Equity	1.4B	1.4B	1.5B	1.4B	1.6B	1.3B
Property Plant And Equipment Net	794.6M	756.6M	1.5B	1.4B	1.6B	1.6B
Current Deferred Revenue	35.4M	84.6M	366.1M	6.3M	5.6M	5.4M
Net Debt	356.0M	215.7M	1.2B	1.2B	1.4B	1.4B
Retained Earnings	301.0M	275.0M	164.2M	30.8M	27.7M	26.4M
Accounts Payable	178.3M	234.2M	611.5M	415.1M	477.3M	303.3M
Cash	95.7M	172.8M	253.8M	126.1M	145.0M	188.6M
Non Current Assets Total	1.6B	1.5B	2.8B	2.5B	2.9B	1.5B
Non Currrent Assets Other	93.3M	112.4M	505.8M	20.7M	23.8M	22.6M
Cash And Short Term Investments	95.7M	172.8M	253.8M	140.5M	161.6M	189.6M
Net Receivables	253.1M	337.7M	525.0M	817.4M	940.0M	987.0M
Good Will	576.0M	566.3M	679.4M	571.8M	657.6M	591.2M
Liabilities And Stockholders Equity	2.2B	2.2B	4.3B	3.9B	4.5B	2.5B
Non Current Liabilities Total	495.3M	482.3M	1.6B	1.4B	1.6B	1.7B
Inventory	212.3M	208.9M	411.3M	389.4M	350.5M	208.1M
Other Current Assets	63.3M	26.6M	125.3M	84.0M	96.6M	101.4M
Other Stockholder Equity	656.8M	658.6M	660.1M	670.1M	770.6M	686.8M
Total Liab	782.9M	837.7M	2.7B	2.5B	2.9B	3.0B
Total Current Assets	624.3M	709.7M	1.4B	1.4B	1.6B	983.9M
Accumulated Other Comprehensive Income	63.3M	44.7M	128.8M	101.5M	116.7M	68.1M
Short Term Debt	54.7M	(70.7M)	41.9M	78.4M	90.1M	94.6M
Intangible Assets	16.5M	10.1M	102.8M	73.2M	84.2M	88.4M
Other Assets	141.5M	121.7M	525.2M	963.1M	1.1B	1.2B
Other Liab	91.0M	98.4M	107.8M	151.6M	174.3M	113.8M
Net Tangible Assets	745.3M	804.1M	777.4M	760.8M	874.9M	823.0M
Long Term Debt	349.7M	331.4M	1.4B	1.2B	1.3B	748.3M
Net Invested Capital	1.8B	1.7B	2.9B	2.6B	3.0B	2.3B
Long Term Investments	26.6M	27.1M	35.0M	37.5M	43.2M	31.8M
Non Current Liabilities Other	11.0M	15.8M	21.8M	18.1M	20.8M	17.9M
Net Working Capital	336.8M	354.3M	307.1M	287.1M	258.4M	291.5M
Property Plant Equipment	810.9M	794.6M	756.6M	1.5B	1.7B	983.5M
Capital Lease Obligations	61.9M	57.0M	93.0M	100.7M	115.8M	83.5M

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