Enova Net Invested Capital vs Net Receivables Analysis
ENVA Stock | USD 105.51 0.03 0.03% |
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 Net Invested Capital and its Net Receivables 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.
Net Invested Capital vs Net Receivables
Net Invested Capital vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enova International Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Enova International's Net Invested Capital and Net Receivables is 0.91. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Receivables 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 Net Invested Capital and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Enova International are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Invested Capital i.e., Enova International's Net Invested Capital and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Receivables
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 Expense | 76.5M | 115.9M | 194.8M | 204.5M | Depreciation And Amortization | 794.9M | 1.4B | 38.2M | 36.2M |
Enova International fundamental ratios Correlations
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Enova International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enova International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 2.1B | 2.8B | 3.8B | 4.6B | 4.8B | |
Short Long Term Debt Total | 1.0B | 1.0B | 1.4B | 2.3B | 3.0B | 3.1B | |
Total Stockholder Equity | 376.6M | 917.3M | 1.1B | 1.2B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 74.1M | 119.5M | 101.5M | 112.6M | 123.0M | 68.5M | |
Net Debt | 979.5M | 717.1M | 1.3B | 2.2B | 2.9B | 3.1B | |
Retained Earnings | 372.7M | 849.5M | 1.1B | 1.3B | 1.5B | 1.6B | |
Cash | 47.3M | 297.3M | 165.5M | 100.2M | 54.4M | 81.6M | |
Non Current Assets Total | 354.8M | 457.1M | 467.5M | 474.0M | 462.8M | 390.8M | |
Non Currrent Assets Other | 11.5M | 43.5M | 51.3M | 54.7M | 41.6M | 43.7M | |
Other Assets | 4.8M | 1.4B | 2.2B | 3.2B | 4.6B | 4.8B | |
Cash And Short Term Investments | 47.3M | 297.3M | 165.5M | 100.2M | 54.4M | 81.6M | |
Common Stock Shares Outstanding | 34.4M | 32.3M | 37.7M | 33.5M | 31.9M | 36.9M | |
Liabilities And Stockholders Equity | 1.6B | 2.1B | 2.8B | 3.8B | 4.6B | 4.8B | |
Non Current Liabilities Total | 1.1B | 1.1B | 1.5B | 2.4B | 3.1B | 3.2B | |
Other Stockholder Equity | (362.6M) | 74.8M | (4.2M) | (1.4B) | (241.9M) | (229.8M) | |
Total Liab | 1.2B | 1.2B | 1.7B | 2.6B | 3.3B | 3.5B | |
Property Plant And Equipment Gross | 74.1M | 119.5M | 101.5M | 112.6M | 254.1M | 266.8M | |
Total Current Assets | 1.2B | 1.7B | 2.3B | 3.3B | 4.1B | 4.3B | |
Accumulated Other Comprehensive Income | (3.1M) | (6.9M) | (8.5M) | (6.0M) | (6.3M) | (6.6M) | |
Intangible Assets | 2.2M | 26.0M | 35.4M | 27.4M | 19.0M | 9.8M | |
Other Current Liab | (12.8M) | 39.0M | (37.2M) | (30.8M) | 195.5M | 205.3M | |
Total Current Liabilities | 122.2M | 126.7M | 156.1M | 198.3M | 261.2M | 135.5M | |
Accounts Payable | 122.2M | 124.1M | 37.2M | 30.8M | 43.3M | 68.1M | |
Other Liab | 48.7M | 48.1M | 86.9M | 104.2M | 119.8M | 125.8M | |
Current Deferred Revenue | 11.3M | 2.2M | (72.5M) | (119.5M) | 60.3M | 63.3M | |
Long Term Debt | 991.2M | 946.5M | 1.4B | 2.3B | 2.9B | 3.1B | |
Net Receivables | 1.1B | 1.3B | 2.1B | 3.1B | 3.7B | 3.9B | |
Other Current Assets | (1.2B) | (1.6B) | 60.4M | 78.2M | 323.1M | 339.2M | |
Short Term Debt | 1.5M | 38.6M | 28.3M | 31.8M | 22.3M | 21.2M | |
Property Plant Equipment | 54.5M | 79.4M | 101.5M | 93.2M | 107.2M | 63.7M | |
Net Tangible Assets | 107.4M | 623.4M | 778.3M | 879.5M | 1.0B | 1.1B | |
Retained Earnings Total Equity | 372.7M | 849.5M | 1.1B | 1.3B | 1.5B | 1.6B | |
Deferred Long Term Liab | 48.7M | 48.1M | 86.9M | 104.2M | 119.8M | 125.8M | |
Long Term Investments | 1.1B | 1.2B | 2.0B | 3.0B | 3.5B | 3.6B | |
Short Long Term Debt | 5.3M | 2.2M | 1.5M | 29.7M | 26.8M | 25.4M | |
Treasury Stock | (56.8M) | (113.2M) | (229.9M) | (372.9M) | (335.6M) | (318.9M) | |
Long Term Debt Total | 991.2M | 946.5M | 1.4B | 2.3B | 2.6B | 2.7B |
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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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.