Encounter Income Tax Expense vs Ebit Analysis

ENR Stock

0.36 0.02 5.88%

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

Income Tax Expense vs Ebit

Income Tax Expense vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Encounter Resources Income Tax Expense account and Ebit. At this time, the significance of the direction appears to have no relationship.

The correlation between Encounter Resources' Income Tax Expense and Ebit is 0.01. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of Encounter Resources, assuming nothing else is changed. The correlation between historical values of Encounter Resources' Income Tax Expense and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Encounter Resources are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Tax Expense i.e., Encounter Resources' Income Tax Expense and Ebit go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Tax Expense

Ebit

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

Selling General Administrative is likely to gain to about 840.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.6 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	6.6K	135.0	121.5	115.43
Depreciation And Amortization	68.6K	73.8K	3.0M	3.2M

Total Revenue Depreciation And Amortization

Encounter Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Cash	Net Receivables	Other Current Assets	Total Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Other Liab	Net Tangible Assets	Non Current Liabilities Total	Inventory	Other Stockholder Equity
Total Assets		0.34	0.66	0.88	0.17	-0.01	0.88	0.82	0.58	-0.75	-0.53	0.58	0.75	0.76	0.47	0.68	0.77	0.77	0.63	0.71	0.25	0.41	0.6	0.19	0.01	-0.1
Other Current Liab	0.34		0.29	0.19	-0.25	-0.01	0.21	0.41	0.21	-0.06	-0.53	-0.05	0.5	0.05	0.67	0.32	0.49	0.03	0.6	0.49	0.14	0.39	-0.04	-0.16	0.19	-0.01
Total Current Liabilities	0.66	0.29		0.57	0.06	0.01	0.84	0.8	0.52	-0.51	-0.13	0.94	0.71	0.48	0.33	0.16	0.73	0.48	0.46	0.7	-0.1	0.12	0.65	-0.18	-0.02	0.02
Cash	0.88	0.19	0.57		-0.16	-0.3	0.81	0.68	0.36	-0.97	-0.56	0.51	0.41	0.97	0.31	0.74	0.47	0.97	0.57	0.36	0.39	0.38	0.7	0.15	0.33	-0.18
Net Receivables	0.17	-0.25	0.06	-0.16		0.7	0.09	0.17	0.34	0.25	0.32	0.19	0.4	-0.24	-0.08	-0.22	0.34	-0.21	-0.14	0.4	-0.29	-0.1	0.05	0.11	-0.82	0.28
Other Current Assets	-0.01	-0.01	0.01	-0.3	0.7		-0.04	0.08	0.25	0.35	0.26	0.05	0.3	-0.35	-0.01	-0.26	0.2	-0.32	-0.08	0.27	-0.37	0.11	-0.02	-0.06	-0.93	0.17
Total Liab	0.88	0.21	0.84	0.81	0.09	-0.04		0.71	0.67	-0.73	-0.28	0.81	0.61	0.74	0.21	0.42	0.63	0.74	0.39	0.58	-0.01	0.18	0.61	0.07	0.02	0.09
Total Stockholder Equity	0.82	0.41	0.8	0.68	0.17	0.08	0.71		0.42	-0.59	-0.4	0.67	0.89	0.56	0.62	0.49	0.92	0.57	0.76	0.86	0.22	0.42	0.76	0.03	-0.07	-0.17
Property Plant And Equipment Net	0.58	0.21	0.52	0.36	0.34	0.25	0.67	0.42		-0.27	0.11	0.5	0.52	0.29	-0.04	-0.02	0.49	0.29	0.01	0.49	-0.61	-0.04	0.29	0.28	-0.34	0.62
Net Debt	-0.75	-0.06	-0.51	-0.97	0.25	0.35	-0.73	-0.59	-0.27		0.45	-0.47	-0.24	-1.0	-0.15	-0.65	-0.31	-1.0	-0.46	-0.19	-0.35	-0.3	-0.77	-0.14	-0.37	0.16
Retained Earnings	-0.53	-0.53	-0.13	-0.56	0.32	0.26	-0.28	-0.4	0.11	0.45		0.07	-0.31	-0.46	-0.82	-0.93	-0.34	-0.44	-0.85	-0.26	-0.75	-0.81	-0.05	-0.11	-0.45	0.46
Accounts Payable	0.58	-0.05	0.94	0.51	0.19	0.05	0.81	0.67	0.5	-0.47	0.07		0.58	0.45	0.11	0.03	0.6	0.45	0.25	0.59	-0.19	-0.03	0.64	-0.12	-0.13	0.04
Non Current Assets Total	0.75	0.5	0.71	0.41	0.4	0.3	0.61	0.89	0.52	-0.24	-0.31	0.58		0.23	0.65	0.34	0.99	0.23	0.66	0.99	0.05	0.36	0.45	0.04	-0.31	-0.06
Cash And Short Term Investments	0.76	0.05	0.48	0.97	-0.24	-0.35	0.74	0.56	0.29	-1.0	-0.46	0.45	0.23		0.14	0.66	0.29	1.0	0.43	0.17	0.35	0.3	0.74	0.16	0.37	-0.15
Common Stock Total Equity	0.47	0.67	0.33	0.31	-0.08	-0.01	0.21	0.62	-0.04	-0.15	-0.82	0.11	0.65	0.14		0.67	0.66	0.13	0.94	0.62	0.56	0.78	0.08	-0.05	0.17	-0.44
Common Stock Shares Outstanding	0.68	0.32	0.16	0.74	-0.22	-0.26	0.42	0.49	-0.02	-0.65	-0.93	0.03	0.34	0.66	0.67		0.38	0.66	0.79	0.27	0.77	0.75	0.28	0.2	0.39	-0.48
Property Plant And Equipment Gross	0.77	0.49	0.73	0.47	0.34	0.2	0.63	0.92	0.49	-0.31	-0.34	0.6	0.99	0.29	0.66	0.38		0.3	0.69	0.98	0.12	0.35	0.51	0.03	-0.22	-0.1
Total Current Assets	0.77	0.03	0.48	0.97	-0.21	-0.32	0.74	0.57	0.29	-1.0	-0.44	0.45	0.23	1.0	0.13	0.66	0.3		0.43	0.18	0.35	0.29	0.75	0.16	0.34	-0.14
Common Stock	0.63	0.6	0.46	0.57	-0.14	-0.08	0.39	0.76	0.01	-0.46	-0.85	0.25	0.66	0.43	0.94	0.79	0.69	0.43		0.6	0.62	0.8	0.37	0.01	0.23	-0.44
Property Plant Equipment	0.71	0.49	0.7	0.36	0.4	0.27	0.58	0.86	0.49	-0.19	-0.26	0.59	0.99	0.17	0.62	0.27	0.98	0.18	0.6		0.04	0.26	0.4	-0.02	-0.3	-0.09
Non Currrent Assets Other	0.25	0.14	-0.1	0.39	-0.29	-0.37	-0.01	0.22	-0.61	-0.35	-0.75	-0.19	0.05	0.35	0.56	0.77	0.12	0.35	0.62	0.04		0.54	0.1	-0.03	0.49	-0.77
Other Liab	0.41	0.39	0.12	0.38	-0.1	0.11	0.18	0.42	-0.04	-0.3	-0.81	-0.03	0.36	0.3	0.78	0.75	0.35	0.29	0.8	0.26	0.54		0.13	0.04	0.05	-0.37
Net Tangible Assets	0.6	-0.04	0.65	0.7	0.05	-0.02	0.61	0.76	0.29	-0.77	-0.05	0.64	0.45	0.74	0.08	0.28	0.51	0.75	0.37	0.4	0.1	0.13		0.05	-0.04	-0.07
Non Current Liabilities Total	0.19	-0.16	-0.18	0.15	0.11	-0.06	0.07	0.03	0.28	-0.14	-0.11	-0.12	0.04	0.16	-0.05	0.2	0.03	0.16	0.01	-0.02	-0.03	0.04	0.05		0.03	0.37
Inventory	0.01	0.19	-0.02	0.33	-0.82	-0.93	0.02	-0.07	-0.34	-0.37	-0.45	-0.13	-0.31	0.37	0.17	0.39	-0.22	0.34	0.23	-0.3	0.49	0.05	-0.04	0.03		-0.24
Other Stockholder Equity	-0.1	-0.01	0.02	-0.18	0.28	0.17	0.09	-0.17	0.62	0.16	0.46	0.04	-0.06	-0.15	-0.44	-0.48	-0.1	-0.14	-0.44	-0.09	-0.77	-0.37	-0.07	0.37	-0.24

Click cells to compare fundamentals

Encounter Resources Account Relationship Matchups

Encounter Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.9M	22.3M	16.7M	30.1M	37.9M	39.8M
Other Current Liab	379.4K	404.3K	255.1K	309.9K	454.5K	276.9K
Total Current Liabilities	554.2K	694.1K	420.9K	1.3M	1.5M	795.5K
Cash	1.9M	5.7M	2.2M	11.8M	14.1M	14.8M
Net Receivables	57.9K	330.3K	244.4K	7.3K	111.4K	217.7K
Other Current Assets	148.0K	208.4K	13.5K	181.8K	102.4K	97.3K
Total Liab	554.2K	811.1K	470.1K	1.3M	1.7M	1.8M
Total Stockholder Equity	16.3M	21.5M	16.2M	28.8M	36.2M	19.1M
Property Plant And Equipment Net	85.2K	238.7K	153.3K	136.0K	23.6M	24.8M
Net Debt	(1.9M)	(5.5M)	(2.0M)	(11.8M)	(13.8M)	(13.2M)
Retained Earnings	(28.1M)	(29.5M)	(26.7M)	(28.1M)	(32.4M)	(30.8M)
Accounts Payable	174.8K	229.4K	98.0K	945.6K	1.0M	519.9K
Non Current Assets Total	14.8M	16.1M	14.2M	18.1M	23.8M	14.3M
Cash And Short Term Investments	1.9M	5.7M	2.2M	11.8M	14.1M	14.8M
Common Stock Shares Outstanding	280.2M	303.8M	321.1M	349.0M	410.7M	431.3M
Liabilities And Stockholders Equity	16.9M	22.3M	16.7M	30.1M	37.9M	19.9M
Property Plant And Equipment Gross	14.0M	16.3M	14.9M	18.8M	24.5M	14.2M
Total Current Assets	2.1M	6.2M	2.4M	12.1M	14.2M	14.9M
Accumulated Other Comprehensive Income	576.6K	1.0M	1.2M	1.8M	2.0M	1.2M
Common Stock	43.8M	50.0M	41.7M	55.2M	66.7M	34.8M
Property Plant Equipment	14.0M	15.5M	14.0M	17.9M	20.6M	13.3M
Non Currrent Assets Other	14.0M	15.3M	14.0M	17.9M	137.5K	144.3K
Net Tangible Assets	16.3M	21.5M	16.2M	28.8M	33.2M	22.0M
Other Stockholder Equity	268.9K	(15.8M)	1.0	(15.0M)	(27.1M)	1.05
Cash And Equivalents	1.4M	5.2M	1.5M	11.5M	13.2M	13.9M
Net Invested Capital	16.3M	21.5M	16.2M	28.8M	36.2M	23.6M
Net Working Capital	1.5M	5.5M	2.0M	10.8M	12.6M	13.2M
Capital Stock	43.8M	50.0M	41.7M	55.2M	66.7M	55.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Encounter Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC