Entegris Non Operating Income Net Other vs Other Operating Expenses Analysis

ENTG Stock  USD 109.36  2.65  2.48%   
Entegris financial indicator trend analysis is much more than just examining Entegris latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entegris is a good investment. Please check the relationship between Entegris Non Operating Income Net Other and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entegris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.

Non Operating Income Net Other vs Other Operating Expenses

Non Operating Income Net Other vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entegris Non Operating Income Net Other account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Entegris' Non Operating Income Net Other and Other Operating Expenses is -0.26. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Entegris, assuming nothing else is changed. The correlation between historical values of Entegris' Non Operating Income Net Other and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Entegris are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Non Operating Income Net Other i.e., Entegris' Non Operating Income Net Other and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Entegris. It is also known as Entegris overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Entegris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entegris 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 Entegris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.At this time, Entegris' Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Entegris' current Enterprise Value Over EBITDA is estimated to increase to 25.57, while Tax Provision is projected to decrease to roughly 10.1 M.
 2021 2022 2023 2024 (projected)
Operating Income551.8M480.0M499.2M524.1M
Other Operating Expenses1.7B2.8B3.1B3.2B

Entegris fundamental ratios Correlations

0.980.980.991.0-0.2-0.140.251.00.961.00.970.940.990.910.90.330.340.960.370.960.810.940.960.160.99
0.980.960.990.99-0.18-0.120.240.990.960.980.920.90.950.830.830.270.290.910.350.920.830.90.920.280.98
0.980.960.950.98-0.28-0.210.310.960.970.960.990.910.990.940.910.340.350.970.430.950.720.960.970.10.94
0.990.990.951.0-0.1-0.040.161.00.941.00.940.920.970.860.850.230.240.920.270.930.820.910.920.190.99
1.00.990.981.0-0.15-0.090.21.00.961.00.960.920.990.90.870.270.280.940.320.950.80.940.940.160.99
-0.2-0.18-0.28-0.1-0.150.96-0.95-0.14-0.36-0.16-0.27-0.29-0.2-0.17-0.36-0.7-0.71-0.31-0.93-0.27-0.11-0.16-0.38-0.25-0.17
-0.14-0.12-0.21-0.04-0.090.96-0.93-0.08-0.31-0.1-0.19-0.21-0.13-0.08-0.28-0.6-0.61-0.22-0.9-0.19-0.03-0.11-0.3-0.26-0.11
0.250.240.310.160.2-0.95-0.930.20.40.220.30.350.240.190.390.770.780.340.990.30.180.190.420.340.24
1.00.990.961.01.0-0.14-0.080.20.951.00.950.930.970.880.870.290.30.940.310.940.830.920.940.180.99
0.960.960.970.940.96-0.36-0.310.40.950.950.940.860.950.820.820.340.350.90.510.880.70.940.930.270.94
1.00.980.961.01.0-0.16-0.10.221.00.950.950.940.980.880.880.320.330.950.330.950.840.910.950.191.0
0.970.920.990.940.96-0.27-0.190.30.950.940.950.920.990.960.920.360.370.970.410.950.690.960.97-0.020.93
0.940.90.910.920.92-0.29-0.210.350.930.860.940.920.920.890.960.510.520.970.420.970.870.80.970.180.94
0.990.950.990.970.99-0.2-0.130.240.970.950.980.990.920.950.910.30.310.970.350.960.740.970.960.050.96
0.910.830.940.860.9-0.17-0.080.190.880.820.880.960.890.950.930.330.330.960.290.950.670.90.93-0.160.85
0.90.830.910.850.87-0.36-0.280.390.870.820.880.920.960.910.930.510.510.980.460.970.780.80.960.00.87
0.330.270.340.230.27-0.7-0.60.770.290.340.320.360.510.30.330.511.00.440.740.420.380.170.530.250.32
0.340.290.350.240.28-0.71-0.610.780.30.350.330.370.520.310.330.511.00.440.750.420.390.190.540.250.32
0.960.910.970.920.94-0.31-0.220.340.940.90.950.970.970.970.960.980.440.440.430.990.80.890.990.030.93
0.370.350.430.270.32-0.93-0.90.990.310.510.330.410.420.350.290.460.740.750.430.40.240.320.510.350.34
0.960.920.950.930.95-0.27-0.190.30.940.880.950.950.970.960.950.970.420.420.990.40.850.860.980.060.95
0.810.830.720.820.8-0.11-0.030.180.830.70.840.690.870.740.670.780.380.390.80.240.850.560.80.370.87
0.940.90.960.910.94-0.16-0.110.190.920.940.910.960.80.970.90.80.170.190.890.320.860.560.880.00.88
0.960.920.970.920.94-0.38-0.30.420.940.930.950.970.970.960.930.960.530.540.990.510.980.80.880.130.94
0.160.280.10.190.16-0.25-0.260.340.180.270.19-0.020.180.05-0.160.00.250.250.030.350.060.370.00.130.24
0.990.980.940.990.99-0.17-0.110.240.990.941.00.930.940.960.850.870.320.320.930.340.950.870.880.940.24
Click cells to compare fundamentals

Entegris Account Relationship Matchups

Entegris fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.9B3.2B10.1B8.8B9.3B
Short Long Term Debt Total980.3M1.1B997.1M5.9B4.6B4.9B
Total Stockholder Equity1.2B1.4B1.7B3.2B3.4B3.6B
Net Debt628.4M544.6M594.6M5.3B4.2B4.4B
Non Current Assets Total1.6B1.7B1.9B7.8B6.8B7.2B
Non Currrent Assets Other13.7M12.0M11.4M22.1M24.9M15.4M
Other Assets25.0M72.4M29.1M51.0M45.9M26.5M
Common Stock Shares Outstanding136.6M136.3M136.6M143.1M150.9M126.6M
Liabilities And Stockholders Equity2.5B2.9B3.2B10.1B8.8B9.3B
Non Current Liabilities Total1.1B1.2B1.1B6.2B4.9B5.1B
Other Stockholder Equity835.7M837.7M872.7M2.2B2.3B2.4B
Total Liab1.4B1.5B1.5B6.9B5.4B5.7B
Other Current Liab163.2M177.0M199.1M339.4M379.8M398.8M
Total Current Liabilities264.4M302.6M379.0M761.9M514.0M539.7M
Property Plant And Equipment Net529.7M571.3M720.7M1.5B1.5B1.6B
Retained Earnings366.1M577.8M879.8M1.0B1.2B1.2B
Accounts Payable84.2M81.6M130.7M172.5M134.2M140.9M
Cash351.9M580.9M402.6M563.4M456.9M300.5M
Cash And Short Term Investments351.9M580.9M402.6M563.4M456.9M318.8M
Net Receivables234.4M264.4M347.4M535.5M457.1M479.9M
Common Stock Total Equity1.3M1.4M1.4M1.5M1.7M1.3M
Inventory287.1M323.9M475.2M812.8M607.1M637.4M
Other Current Assets34.4M65.0M88.2M425.3M113.7M119.3M
Property Plant And Equipment Gross529.7M571.3M720.7M1.5B2.5B2.6B
Total Current Assets932.4M1.2B1.3B2.3B2.0B2.1B
Accumulated Other Comprehensive Income(37.3M)(37.4M)(40.1M)(13.1M)(42.9M)(40.8M)
Intangible Assets334.0M337.6M335.1M1.8B1.3B1.3B
Common Stock1.3M1.4M1.4M1.5M1.5M1.3M
Long Term Debt932.5M1.1B937.0M5.6B4.6B4.8B
Property Plant Equipment479.5M525.4M720.7M1.4B1.6B1.7B
Good Will695.0M748.0M793.7M4.4B3.9B4.1B
Current Deferred Revenue13.0M13.9M23.1M47.6M69.1M72.5M
Other Liab109.5M110.1M102.0M445.3M512.1M537.7M
Net Tangible Assets180.7M333.6M585.0M(3.0B)(2.7B)(2.5B)
Retained Earnings Total Equity366.1M577.8M879.8M1.0B1.2B1.2B
Capital Surpluse842.8M844.9M879.8M2.2B2.5B2.7B

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When determining whether Entegris is a strong investment it is important to analyze Entegris' 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 Entegris' future performance. For an informed investment choice regarding Entegris Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entegris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Semiconductors & Semiconductor Equipment 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 Entegris. If investors know Entegris 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 Entegris 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
1.318
Dividend Share
0.4
Earnings Share
1.51
Revenue Per Share
21.26
Quarterly Revenue Growth
(0.09)
The market value of Entegris is measured differently than its book value, which is the value of Entegris that is recorded on the company's balance sheet. Investors also form their own opinion of Entegris' value that differs from its market value or its book value, called intrinsic value, which is Entegris' 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 Entegris' market value can be influenced by many factors that don't directly affect Entegris' 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 Entegris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entegris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entegris' 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.