Enerflex Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

EFXT Stock  USD 9.48  0.01  0.11%   
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 Common Stock Shares Outstanding and its Property Plant And Equipment Net 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.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerflex Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Enerflex's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.82. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Enerflex, assuming nothing else is changed. The correlation between historical values of Enerflex's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Enerflex are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Enerflex's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its 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 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 2024. Selling General Administrative is likely to drop to about 261.1 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense20.3M49.4M119.7M125.7M
Depreciation And Amortization87.6M128.3M201.7M211.7M

Enerflex fundamental ratios Correlations

0.890.280.910.840.970.090.86-0.120.920.230.980.620.270.760.50.830.90.60.810.180.880.880.360.790.93
0.890.550.820.730.85-0.110.99-0.170.830.190.870.510.220.640.450.751.00.510.880.160.990.790.550.770.83
0.280.550.340.210.27-0.620.59-0.230.12-0.170.24-0.34-0.130.490.050.60.530.120.390.10.570.330.520.150.35
0.910.820.340.570.810.260.78-0.210.890.30.830.510.340.820.350.760.820.670.720.160.850.950.410.870.79
0.840.730.210.570.89-0.10.710.00.70.170.880.510.190.560.560.750.760.270.70.220.690.60.150.380.87
0.970.850.270.810.89-0.060.830.040.880.130.970.640.160.670.410.820.860.620.810.090.810.810.270.690.95
0.09-0.11-0.620.26-0.1-0.06-0.19-0.170.260.490.030.360.470.070.21-0.25-0.10.06-0.080.19-0.050.22-0.190.28-0.1
0.860.990.590.780.710.83-0.19-0.190.780.050.850.470.080.60.450.760.990.510.890.20.970.730.570.730.81
-0.12-0.17-0.23-0.210.00.04-0.17-0.190.010.1-0.170.20.1-0.19-0.63-0.33-0.170.42-0.07-0.86-0.210.02-0.29-0.17-0.11
0.920.830.120.890.70.880.260.780.010.390.860.730.420.690.330.630.840.670.740.010.840.910.270.840.83
0.230.19-0.170.30.170.130.490.050.10.390.120.311.00.290.01-0.020.2-0.020.08-0.280.240.45-0.050.260.19
0.980.870.240.830.880.970.030.85-0.170.860.120.630.150.650.60.820.880.510.810.280.830.760.330.740.92
0.620.51-0.340.510.510.640.360.470.20.730.310.630.30.060.150.190.530.560.68-0.060.480.48-0.030.680.56
0.270.22-0.130.340.190.160.470.080.10.421.00.150.30.330.010.030.230.00.1-0.280.270.48-0.020.290.23
0.760.640.490.820.560.670.070.6-0.190.690.290.650.060.330.320.790.650.420.40.110.70.870.340.50.71
0.50.450.050.350.560.410.210.45-0.630.330.010.60.150.010.320.450.46-0.210.290.720.420.20.260.270.37
0.830.750.60.760.750.82-0.250.76-0.330.63-0.020.820.190.030.790.450.760.330.680.370.760.690.360.490.88
0.91.00.530.820.760.86-0.10.99-0.170.840.20.880.530.230.650.460.760.510.880.170.990.80.510.760.85
0.60.510.120.670.270.620.060.510.420.67-0.020.510.560.00.42-0.210.330.510.55-0.380.520.690.190.70.49
0.810.880.390.720.70.81-0.080.89-0.070.740.080.810.680.10.40.290.680.880.550.170.870.660.430.70.81
0.180.160.10.160.220.090.190.2-0.860.01-0.280.28-0.06-0.280.110.720.370.17-0.380.170.17-0.080.060.040.18
0.880.990.570.850.690.81-0.050.97-0.210.840.240.830.480.270.70.420.760.990.520.870.170.830.530.770.81
0.880.790.330.950.60.810.220.730.020.910.450.760.480.480.870.20.690.80.690.66-0.080.830.360.780.79
0.360.550.520.410.150.27-0.190.57-0.290.27-0.050.33-0.03-0.020.340.260.360.510.190.430.060.530.360.50.27
0.790.770.150.870.380.690.280.73-0.170.840.260.740.680.290.50.270.490.760.70.70.040.770.780.50.64
0.930.830.350.790.870.95-0.10.81-0.110.830.190.920.560.230.710.370.880.850.490.810.180.810.790.270.64
Click cells to compare fundamentals

Enerflex Account Relationship Matchups

Enerflex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.2B2.2B4.3B3.9B2.5B
Short Long Term Debt Total497.5M451.6M388.4M1.5B1.3B1.4B
Other Current Liab39.4M14.8M13.4M(165.4M)573.4M602.1M
Total Current Liabilities517.5M287.6M355.4M1.1B1.1B596.1M
Total Stockholder Equity1.3B1.4B1.4B1.5B1.4B1.3B
Property Plant And Equipment Net810.9M794.6M756.6M1.5B1.4B697.7M
Current Deferred Revenue143.0M35.4M84.6M366.1M6.3M6.0M
Net Debt401.2M356.0M215.7M1.2B1.2B1.2B
Retained Earnings228.8M301.0M275.0M164.2M30.8M29.3M
Accounts Payable320.9M178.3M234.2M611.5M415.1M303.3M
Cash96.3M95.7M172.8M253.8M126.1M188.6M
Non Current Assets Total1.5B1.6B1.5B2.8B2.5B1.5B
Non Currrent Assets Other198K93.3M112.4M505.8M20.7M19.7M
Cash And Short Term Investments96.3M95.7M172.8M253.8M140.5M189.6M
Net Receivables574.5M253.1M337.7M525.0M817.4M467.6M
Good Will573.9M576.0M566.3M679.4M571.8M591.2M
Common Stock Shares Outstanding89.1M89.7M89.7M97.0M123.8M94.1M
Liabilities And Stockholders Equity2.4B2.2B2.2B4.3B3.9B2.5B
Non Current Liabilities Total574.2M495.3M482.3M1.6B1.4B1.4B
Inventory269.4M212.3M208.9M411.3M389.4M208.1M
Other Current Assets12.2M63.3M26.6M125.3M84.0M88.2M
Other Stockholder Equity655.1M656.8M658.6M660.1M670.1M686.8M
Total Liab1.1B782.9M837.7M2.7B2.5B2.6B
Total Current Assets952.6M624.3M709.7M1.4B1.4B983.9M
Accumulated Other Comprehensive Income81.8M63.3M44.7M128.8M101.5M68.1M
Short Term Debt14.2M54.7M(70.7M)41.9M78.4M82.3M
Intangible Assets22.1M16.5M10.1M102.8M73.2M41.6M
Common Stock357.7M366.1M375.5M589.8M591.6M393.0M
Other Assets49.3M141.5M121.7M525.2M963.1M1.0B
Other Liab91.0M98.4M107.8M151.6M174.3M113.8M
Net Tangible Assets745.3M804.1M777.4M760.8M874.9M823.0M
Long Term Debt430.5M349.7M331.4M1.4B1.2B748.3M
Net Invested Capital1.8B1.8B1.7B2.9B2.6B2.3B
Long Term Investments26.2M26.6M27.1M35.0M37.5M31.8M
Non Current Liabilities Other14.7M11.0M15.8M21.8M18.1M17.9M
Net Working Capital435.1M336.8M354.3M307.1M287.1M291.5M
Property Plant Equipment810.9M794.6M756.6M1.5B1.7B983.5M

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