Empire Non Current Liabilities Total vs Total Current Liabilities Analysis

EP Stock  USD 6.62  0.31  4.47%   
Empire Petroleum financial indicator trend analysis is much more than just examining Empire Petroleum Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empire Petroleum Corp is a good investment. Please check the relationship between Empire Petroleum Non Current Liabilities Total and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire Petroleum Corp Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Empire Petroleum's Non Current Liabilities Total and Total Current Liabilities is -0.04. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Empire Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Empire Petroleum's Non Current Liabilities Total and Total Current Liabilities 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 Current Liabilities Total of Empire Petroleum Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Empire Petroleum's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Empire Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Empire Petroleum Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Empire Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empire Petroleum Corp 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 Empire Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Empire Petroleum's Selling General Administrative is relatively stable compared to the past year. As of 01/18/2025, Tax Provision is likely to grow to about 103.8 K, though Enterprise Value Over EBITDA is likely to grow to (26.31).

Empire Petroleum fundamental ratios Correlations

0.991.01.00.990.10.97-0.990.891.00.980.89-0.030.920.990.980.620.980.980.0-0.340.04-0.02-0.22-0.11-0.11
0.990.990.990.99-0.030.99-1.00.830.991.00.83-0.150.871.00.950.521.01.0-0.12-0.28-0.09-0.11-0.33-0.14-0.14
1.00.991.00.990.060.97-0.990.891.00.980.89-0.060.920.990.970.610.990.98-0.02-0.33-0.01-0.03-0.21-0.11-0.11
1.00.991.01.00.070.98-0.990.881.00.990.88-0.060.910.990.970.590.990.99-0.03-0.330.01-0.04-0.25-0.13-0.13
0.990.990.991.00.00.98-1.00.851.00.990.85-0.120.881.00.950.541.00.99-0.1-0.37-0.05-0.12-0.29-0.2-0.2
0.1-0.030.060.070.0-0.120.040.440.06-0.080.440.950.44-0.030.270.8-0.08-0.090.95-0.170.980.910.790.530.54
0.970.990.970.980.98-0.12-0.990.770.980.990.77-0.250.820.990.920.431.01.0-0.21-0.24-0.17-0.19-0.42-0.18-0.18
-0.99-1.0-0.99-0.99-1.00.04-0.99-0.83-0.99-1.0-0.830.16-0.86-1.0-0.94-0.51-1.0-1.00.130.310.090.140.340.190.19
0.890.830.890.880.850.440.77-0.830.870.811.00.370.980.830.940.880.810.80.38-0.40.340.330.220.10.1
1.00.991.01.01.00.060.98-0.990.870.990.87-0.070.911.00.970.590.990.99-0.04-0.340.01-0.05-0.25-0.14-0.14
0.981.00.980.990.99-0.080.99-1.00.810.990.81-0.20.841.00.930.471.01.0-0.18-0.32-0.13-0.19-0.37-0.22-0.22
0.890.830.890.880.850.440.77-0.831.00.870.810.370.980.830.940.880.810.80.38-0.40.340.330.220.10.1
-0.03-0.15-0.06-0.06-0.120.95-0.250.160.37-0.07-0.20.370.32-0.160.140.72-0.2-0.210.9-0.080.930.880.860.510.52
0.920.870.920.910.880.440.82-0.860.980.910.840.980.320.870.980.870.840.840.37-0.330.360.340.150.150.16
0.991.00.990.991.0-0.030.99-1.00.831.01.00.83-0.160.870.940.511.01.0-0.13-0.33-0.09-0.14-0.33-0.19-0.19
0.980.950.970.970.950.270.92-0.940.940.970.930.940.140.980.940.750.930.930.19-0.280.20.19-0.050.070.08
0.620.520.610.590.540.80.43-0.510.880.590.470.880.720.870.510.750.480.470.77-0.340.710.720.580.390.39
0.981.00.990.991.0-0.081.0-1.00.810.991.00.81-0.20.841.00.930.481.0-0.17-0.31-0.13-0.18-0.37-0.21-0.21
0.981.00.980.990.99-0.091.0-1.00.80.991.00.8-0.210.841.00.930.471.0-0.18-0.32-0.14-0.19-0.38-0.22-0.22
0.0-0.12-0.02-0.03-0.10.95-0.210.130.38-0.04-0.180.380.90.37-0.130.190.77-0.17-0.18-0.150.90.940.870.620.64
-0.34-0.28-0.33-0.33-0.37-0.17-0.240.31-0.4-0.34-0.32-0.4-0.08-0.33-0.33-0.28-0.34-0.31-0.32-0.15-0.130.15-0.090.540.53
0.04-0.09-0.010.01-0.050.98-0.170.090.340.01-0.130.340.930.36-0.090.20.71-0.13-0.140.9-0.130.870.730.480.5
-0.02-0.11-0.03-0.04-0.120.91-0.190.140.33-0.05-0.190.330.880.34-0.140.190.72-0.18-0.190.940.150.870.820.810.82
-0.22-0.33-0.21-0.25-0.290.79-0.420.340.22-0.25-0.370.220.860.15-0.33-0.050.58-0.37-0.380.87-0.090.730.820.540.56
-0.11-0.14-0.11-0.13-0.20.53-0.180.190.1-0.14-0.220.10.510.15-0.190.070.39-0.21-0.220.620.540.480.810.541.0
-0.11-0.14-0.11-0.13-0.20.54-0.180.190.1-0.14-0.220.10.520.16-0.190.080.39-0.21-0.220.640.530.50.820.561.0
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Empire Petroleum Account Relationship Matchups

Empire Petroleum fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.2M50.1M71.5M92.6M83.4M87.5M
Short Long Term Debt Total9.6M9.4M8.0M6.7M6.0M9.7M
Other Current Liab2.7M5.8M9.2M7.1M6.4M4.3M
Total Current Liabilities6.1M12.1M17.6M25.0M22.5M23.7M
Total Stockholder Equity(18.4M)10.8M23.2M35.0M31.5M18.7M
Property Plant And Equipment Net8.2M30.7M45.3M72.4M83.3M87.4M
Net Debt9.5M5.8M(3.9M)(1.1M)(1.0M)(952.7K)
Retained Earnings(40.6M)(59.2M)(52.1M)(64.6M)(74.3M)(78.0M)
Cash157.7K3.6M11.9M7.8M7.0M7.4M
Non Current Assets Total9.0M37.0M48.8M73.9M66.5M69.8M
Non Currrent Assets Other802.1K1.5M719.9K1.5M1.3M1.3M
Cash And Short Term Investments157.7K3.6M11.9M7.8M7.0M7.4M
Common Stock Shares Outstanding5.7M3.7M23.4M22.7M26.1M27.4M
Liabilities And Stockholders Equity11.2M50.1M71.5M92.6M83.4M87.5M
Other Current Assets281.9K734.4K1.2M1.2M1.0M1.1M
Other Stockholder Equity22.2M69.0M75.3M99.5M89.5M85.7M
Total Liab29.7M39.3M48.3M57.7M51.9M54.5M
Total Current Assets2.2M13.1M22.7M18.7M21.6M22.6M
Short Term Debt1.5M1.9M2.6M1.5M1.4M1.3M
Common Stock24.9K79.4K81.6K85.0K76.5K72.7K
Net Receivables1.3M7.7M7.8M8.4M9.6M10.1M
Accounts Payable1.9M4.3M5.8M16.4M18.9M19.8M
Non Current Liabilities Total23.6M27.2M30.7M32.6M37.5M39.4M
Inventory531.3K1.0M1.8M1.4M1.6M975.9K
Long Term Debt7.7M6.9M5.1M4.6M5.3M4.6M
Long Term Debt Total7.7M8.3M7.6M5.1M5.9M4.7M
Capital Surpluse18.8M22.2M70.0M75.3M86.6M90.9M
Cash And Equivalents0.0157.7K3.6M11.9M13.7M14.4M
Net Tangible Assets(150.2K)(4.9M)(18.4M)10.8M12.5M13.1M
Net Invested Capital(9.4M)19.4M30.4M40.7M46.8M49.1M
Short Long Term Debt1.3M1.7M2.1M1.1M1.3M1.2M
Capital Stock24.9K79.4K81.6K85.0K97.8K56.6K
Net Working Capital(3.9M)1.1M5.1M(6.3M)(5.7M)(5.4M)
Property Plant Equipment9.3M8.2M30.7M45.3M52.1M54.7M
Property Plant And Equipment Gross23.4M48.5M65.4M96.5M111.0M116.5M

Additional Tools for Empire Stock Analysis

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