Enova Long Term Investments vs Accounts Payable Analysis

ENVA Stock  USD 105.54  0.84  0.79%   
Enova International financial indicator trend analysis is much more than just examining Enova International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enova International is a good investment. Please check the relationship between Enova International Long Term Investments and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enova International Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Enova International's Long Term Investments and Accounts Payable is 0.06. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Enova International, assuming nothing else is changed. The correlation between historical values of Enova International's Long Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Enova International are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Enova International's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Enova International balance sheet that represents investments Enova International intends to hold for over a year. Enova International long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Enova International obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Enova International are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Enova International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enova International 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 Enova International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.At present, Enova International's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.25, whereas Selling General Administrative is forecasted to decline to about 121.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense76.5M115.9M194.8M204.5M
Depreciation And Amortization794.9M1.4B38.2M36.2M

Enova International fundamental ratios Correlations

0.990.960.780.980.990.30.810.470.970.30.880.340.98-0.540.990.941.00.660.710.10.070.950.00.991.0
0.990.920.711.00.960.180.740.440.970.180.880.310.99-0.541.00.950.990.560.760.090.040.940.081.00.99
0.960.920.870.890.990.520.910.520.930.520.820.380.92-0.510.920.870.960.820.580.090.120.91-0.150.910.95
0.780.710.870.660.830.650.970.510.720.650.750.080.71-0.490.710.670.770.880.350.120.250.72-0.270.690.75
0.981.00.890.660.940.110.690.420.960.110.880.310.99-0.541.00.940.980.510.760.10.010.930.11.00.99
0.990.960.990.830.940.420.870.490.970.420.840.360.95-0.520.960.910.980.760.650.10.060.94-0.090.950.98
0.30.180.520.650.110.420.660.350.271.00.170.110.2-0.010.190.250.290.720.03-0.060.420.25-0.270.160.25
0.810.740.910.970.690.870.660.590.750.660.760.220.75-0.50.740.670.80.930.320.070.210.75-0.350.710.79
0.470.440.520.510.420.490.350.590.340.350.540.240.4-0.220.440.390.490.420.240.370.490.32-0.10.410.44
0.970.970.930.720.960.970.270.750.340.270.830.270.96-0.480.970.950.970.630.760.12-0.10.950.050.970.97
0.30.180.520.650.110.421.00.660.350.270.170.110.2-0.010.190.250.290.720.03-0.060.420.25-0.270.160.25
0.880.880.820.750.880.840.170.760.540.830.170.170.87-0.330.880.870.880.550.710.140.130.780.170.870.87
0.340.310.380.080.310.360.110.220.240.270.110.170.33-0.020.320.240.340.30.04-0.150.090.37-0.170.310.35
0.980.990.920.710.990.950.20.750.40.960.20.870.33-0.540.990.940.980.580.72-0.040.070.940.060.990.99
-0.54-0.54-0.51-0.49-0.54-0.52-0.01-0.5-0.22-0.48-0.01-0.33-0.02-0.54-0.54-0.29-0.53-0.410.0-0.060.13-0.550.59-0.54-0.57
0.991.00.920.711.00.960.190.740.440.970.190.880.320.99-0.540.950.990.560.760.10.040.940.071.00.99
0.940.950.870.670.940.910.250.670.390.950.250.870.240.94-0.290.950.940.490.890.110.10.880.320.950.93
1.00.990.960.770.980.980.290.80.490.970.290.880.340.98-0.530.990.940.640.720.110.070.940.010.991.0
0.660.560.820.880.510.760.720.930.420.630.720.550.30.58-0.410.560.490.640.110.010.050.64-0.520.540.64
0.710.760.580.350.760.650.030.320.240.760.030.710.040.720.00.760.890.720.110.190.040.650.660.760.7
0.10.090.090.120.10.1-0.060.070.370.12-0.060.14-0.15-0.04-0.060.10.110.110.010.19-0.230.02-0.020.080.08
0.070.040.120.250.010.060.420.210.49-0.10.420.130.090.070.130.040.10.070.050.04-0.23-0.10.240.010.03
0.950.940.910.720.930.940.250.750.320.950.250.780.370.94-0.550.940.880.940.640.650.02-0.1-0.060.940.95
0.00.08-0.15-0.270.1-0.09-0.27-0.35-0.10.05-0.270.17-0.170.060.590.070.320.01-0.520.66-0.020.24-0.060.09-0.02
0.991.00.910.691.00.950.160.710.410.970.160.870.310.99-0.541.00.950.990.540.760.080.010.940.090.99
1.00.990.950.750.990.980.250.790.440.970.250.870.350.99-0.570.990.931.00.640.70.080.030.95-0.020.99
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Enova International Account Relationship Matchups

Enova International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.1B2.8B3.8B4.6B4.8B
Short Long Term Debt Total1.0B1.0B1.4B2.3B3.0B3.1B
Total Stockholder Equity376.6M917.3M1.1B1.2B1.2B1.3B
Property Plant And Equipment Net74.1M119.5M101.5M112.6M123.0M68.5M
Net Debt979.5M717.1M1.3B2.2B2.9B3.1B
Retained Earnings372.7M849.5M1.1B1.3B1.5B1.6B
Cash47.3M297.3M165.5M100.2M54.4M81.6M
Non Current Assets Total354.8M457.1M467.5M474.0M462.8M390.8M
Non Currrent Assets Other11.5M43.5M51.3M54.7M41.6M43.7M
Other Assets4.8M1.4B2.2B3.2B4.6B4.8B
Cash And Short Term Investments47.3M297.3M165.5M100.2M54.4M81.6M
Common Stock Shares Outstanding34.4M32.3M37.7M33.5M31.9M36.9M
Liabilities And Stockholders Equity1.6B2.1B2.8B3.8B4.6B4.8B
Non Current Liabilities Total1.1B1.1B1.5B2.4B3.1B3.2B
Other Stockholder Equity(362.6M)74.8M(4.2M)(1.4B)(241.9M)(229.8M)
Total Liab1.2B1.2B1.7B2.6B3.3B3.5B
Property Plant And Equipment Gross74.1M119.5M101.5M112.6M254.1M266.8M
Total Current Assets1.2B1.7B2.3B3.3B4.1B4.3B
Accumulated Other Comprehensive Income(3.1M)(6.9M)(8.5M)(6.0M)(6.3M)(6.6M)
Intangible Assets2.2M26.0M35.4M27.4M19.0M9.8M
Other Current Liab(12.8M)39.0M(37.2M)(30.8M)195.5M205.3M
Total Current Liabilities122.2M126.7M156.1M198.3M261.2M135.5M
Accounts Payable122.2M124.1M37.2M30.8M43.3M68.1M
Other Liab48.7M48.1M86.9M104.2M119.8M125.8M
Current Deferred Revenue11.3M2.2M(72.5M)(119.5M)60.3M63.3M
Long Term Debt991.2M946.5M1.4B2.3B2.9B3.1B
Net Receivables1.1B1.3B2.1B3.1B3.7B3.9B
Other Current Assets(1.2B)(1.6B)60.4M78.2M323.1M339.2M
Short Term Debt1.5M38.6M28.3M31.8M22.3M21.2M
Property Plant Equipment54.5M79.4M101.5M93.2M107.2M63.7M
Net Tangible Assets107.4M623.4M778.3M879.5M1.0B1.1B
Retained Earnings Total Equity372.7M849.5M1.1B1.3B1.5B1.6B
Deferred Long Term Liab48.7M48.1M86.9M104.2M119.8M125.8M
Long Term Investments1.1B1.2B2.0B3.0B3.5B3.6B
Short Long Term Debt5.3M2.2M1.5M29.7M26.8M25.4M
Treasury Stock(56.8M)(113.2M)(229.9M)(372.9M)(335.6M)(318.9M)
Long Term Debt Total991.2M946.5M1.4B2.3B2.6B2.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Enova International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enova International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enova International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enova International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Consumer Finance 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 Enova International. If investors know Enova 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 Enova International 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
0.217
Earnings Share
6.28
Revenue Per Share
42.107
Quarterly Revenue Growth
0.194
Return On Assets
0.0398
The market value of Enova International is measured differently than its book value, which is the value of Enova that is recorded on the company's balance sheet. Investors also form their own opinion of Enova International's value that differs from its market value or its book value, called intrinsic value, which is Enova International'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 Enova International's market value can be influenced by many factors that don't directly affect Enova International'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 Enova International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enova International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enova International'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.