Empire Property Plant And Equipment Net vs Long Term Debt Analysis
EP Stock | USD 7.07 0.02 0.28% |
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 Property Plant And Equipment Net and its Long Term Debt 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.
Property Plant And Equipment Net vs Long Term Debt
Property Plant And Equipment Net vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire Petroleum Corp Property Plant And Equipment Net account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Empire Petroleum's Property Plant And Equipment Net and Long Term Debt is 0.51. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Debt 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 Property Plant And Equipment Net and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Empire Petroleum Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Empire Petroleum's Property Plant And Equipment Net and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Long Term Debt
Long-term debt is a debt that Empire Petroleum Corp has held for over one year. Long-term debt appears on Empire Petroleum Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Empire Petroleum Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 12/12/2024, Tax Provision is likely to grow to about 103.8 K, though Enterprise Value Over EBITDA is likely to grow to (29.16).
Empire Petroleum fundamental ratios Correlations
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Empire Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Empire Petroleum fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0M | 11.2M | 50.1M | 71.5M | 92.6M | 97.2M | |
Short Long Term Debt Total | 7.8M | 9.6M | 9.4M | 8.0M | 6.7M | 9.7M | |
Other Current Liab | 11.9K | 2.7M | 5.8M | 9.2M | 7.1M | 4.3M | |
Total Current Liabilities | 2.2M | 6.1M | 12.1M | 17.6M | 25.0M | 26.3M | |
Total Stockholder Equity | (4.9M) | (18.4M) | 10.8M | 23.2M | 35.0M | 18.7M | |
Property Plant And Equipment Net | 9.3M | 8.2M | 30.7M | 45.3M | 72.4M | 76.0M | |
Net Debt | 7.8M | 9.5M | 5.8M | (3.9M) | (1.1M) | (1.1M) | |
Retained Earnings | (23.8M) | (40.6M) | (59.2M) | (52.1M) | (64.6M) | (67.8M) | |
Cash | 0.0 | 157.7K | 3.6M | 11.9M | 7.8M | 8.2M | |
Non Current Assets Total | 9.3M | 9.0M | 37.0M | 48.8M | 73.9M | 77.6M | |
Cash And Short Term Investments | 0.0 | 157.7K | 3.6M | 11.9M | 7.8M | 8.2M | |
Common Stock Shares Outstanding | 5.0M | 5.7M | 3.7M | 23.4M | 22.7M | 23.9M | |
Liabilities And Stockholders Equity | 11.0M | 11.2M | 50.1M | 71.5M | 92.6M | 97.2M | |
Other Current Assets | 247.7K | 281.9K | 734.4K | 1.2M | 1.2M | 1.2M | |
Other Stockholder Equity | 18.8M | 22.2M | 69.0M | 75.3M | 99.5M | 85.7M | |
Total Liab | 16.0M | 29.7M | 39.3M | 48.3M | 57.7M | 60.5M | |
Total Current Assets | 1.7M | 2.2M | 13.1M | 22.7M | 18.7M | 19.7M | |
Short Term Debt | 96.7K | 1.5M | 1.9M | 2.6M | 1.5M | 1.5M | |
Common Stock | 20.4K | 24.9K | 79.4K | 81.6K | 85.0K | 80.8K | |
Net Receivables | 982.8K | 1.3M | 7.7M | 7.8M | 8.4M | 8.8M | |
Accounts Payable | 1.0M | 1.9M | 4.3M | 5.8M | 16.4M | 17.3M | |
Non Current Liabilities Total | 13.7M | 23.6M | 27.2M | 30.7M | 32.6M | 34.2M | |
Long Term Debt | 7.7M | 7.7M | 6.9M | 5.1M | 4.6M | 4.6M | |
Long Term Debt Total | 7.7M | 8.3M | 7.6M | 5.1M | 5.9M | 4.7M | |
Capital Surpluse | 18.8M | 22.2M | 70.0M | 75.3M | 86.6M | 90.9M | |
Cash And Equivalents | 0.0 | 157.7K | 3.6M | 11.9M | 13.7M | 14.4M | |
Net Tangible Assets | (150.2K) | (4.9M) | (18.4M) | 10.8M | 12.5M | 13.1M | |
Net Invested Capital | 2.9M | (9.4M) | 19.4M | 30.4M | 40.7M | 42.7M | |
Short Long Term Debt | 96.7K | 1.3M | 1.7M | 2.1M | 1.1M | 1.2M | |
Capital Stock | 20.4K | 24.9K | 79.4K | 81.6K | 85.0K | 56.6K | |
Net Working Capital | (531.2K) | (3.9M) | 1.1M | 5.1M | (6.3M) | (6.0M) | |
Property Plant Equipment | 9.3M | 8.2M | 30.7M | 45.3M | 52.1M | 54.7M |
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.