Empire Total Current Liabilities vs Total Stockholder Equity 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 Total Current Liabilities and its Total Stockholder Equity 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.
Total Current Liabilities vs Total Stockholder Equity
Total Current Liabilities vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire Petroleum Corp Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Empire Petroleum's Total Current Liabilities and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity 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 Total Current Liabilities and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Empire Petroleum Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Empire Petroleum's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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.