Energy Short Term Debt vs Cash Analysis

ERA Stock

0 0.0005 20.00%

Energy Resources financial indicator trend analysis is much more than just examining Energy Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Resources is a good investment. Please check the relationship between Energy Resources Short Term Debt and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Cash

Short Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Resources Short Term Debt account and Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Energy Resources' Short Term Debt and Cash is 0.41. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Energy Resources, assuming nothing else is changed. The correlation between historical values of Energy Resources' Short Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Energy Resources are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Debt i.e., Energy Resources' Short Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Cash

Cash refers to the most liquid asset of Energy Resources, which is listed under current asset account on Energy Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Energy Resources customers. The amounts must be unrestricted with restricted cash listed in a different Energy Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Energy Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Resources 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 Energy Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Issuance Of Capital Stock is likely to gain to about 338.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	732K	643K	640K	608K
Depreciation And Amortization	687.3M	168.3M	1.4B	1.5B

Interest Expense Depreciation And Amortization

Energy Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Currrent Assets Other	Current Deferred Revenue
Total Assets		-0.13	-0.46	-0.38	0.66	0.79	-0.63	0.54	0.86	0.66	0.87	0.66	0.45	-0.22	-0.04	-0.19	0.54	-0.12	-0.21	0.79	0.77	-0.1	-0.12	-0.21	0.7	-0.8
Short Long Term Debt Total	-0.13		0.06	-0.02	0.15	0.38	0.6	0.31	-0.45	-0.45	0.1	-0.45	0.71	-0.44	0.04	-0.31	-0.09	-0.15	-0.27	0.42	-0.35	0.09	1.0	-0.41	-0.04	0.4
Other Current Liab	-0.46	0.06		0.98	-0.87	-0.64	0.65	-0.87	-0.53	-0.74	-0.11	-0.74	-0.25	0.82	0.63	0.79	-0.8	0.21	0.84	-0.55	-0.76	-0.62	0.07	0.83	-0.11	0.15
Total Current Liabilities	-0.38	-0.02	0.98		-0.85	-0.61	0.57	-0.87	-0.43	-0.66	-0.03	-0.66	-0.28	0.85	0.64	0.82	-0.78	0.17	0.86	-0.52	-0.7	-0.61	-0.01	0.87	-0.04	0.1
Total Stockholder Equity	0.66	0.15	-0.87	-0.85		0.81	-0.5	0.97	0.62	0.61	0.46	0.61	0.52	-0.77	-0.25	-0.86	0.81	-0.03	-0.87	0.74	0.73	0.37	0.13	-0.81	0.4	-0.3
Property Plant And Equipment Net	0.79	0.38	-0.64	-0.61	0.81		-0.36	0.81	0.57	0.49	0.71	0.49	0.74	-0.66	-0.26	-0.52	0.57	-0.35	-0.54	0.96	0.57	0.2	0.38	-0.63	0.46	-0.44
Net Debt	-0.63	0.6	0.65	0.57	-0.5	-0.36		-0.38	-0.77	-0.98	-0.27	-0.98	0.03	0.24	0.44	0.18	-0.52	0.2	0.24	-0.35	-0.91	-0.34	0.6	0.23	-0.39	0.49
Retained Earnings	0.54	0.31	-0.87	-0.87	0.97	0.81	-0.38		0.48	0.52	0.36	0.52	0.59	-0.88	-0.33	-0.91	0.79	-0.13	-0.92	0.76	0.64	0.46	0.3	-0.91	0.31	-0.16
Accounts Payable	0.86	-0.45	-0.53	-0.43	0.62	0.57	-0.77	0.48		0.76	0.66	0.76	0.15	-0.21	-0.08	-0.22	0.66	-0.13	-0.25	0.56	0.82	-0.03	-0.45	-0.23	0.68	-0.79
Cash	0.66	-0.45	-0.74	-0.66	0.61	0.49	-0.98	0.52	0.76		0.32	1.0	0.13	-0.38	-0.47	-0.31	0.58	-0.24	-0.36	0.48	0.93	0.41	-0.45	-0.38	0.43	-0.44
Non Current Assets Total	0.87	0.1	-0.11	-0.03	0.46	0.71	-0.27	0.36	0.66	0.32		0.32	0.57	-0.03	0.34	-0.05	0.29	-0.06	-0.04	0.74	0.42	-0.37	0.1	-0.03	0.8	-0.69
Cash And Short Term Investments	0.66	-0.45	-0.74	-0.66	0.61	0.49	-0.98	0.52	0.76	1.0	0.32		0.13	-0.38	-0.47	-0.31	0.58	-0.24	-0.36	0.48	0.93	0.41	-0.45	-0.38	0.43	-0.44
Net Receivables	0.45	0.71	-0.25	-0.28	0.52	0.74	0.03	0.59	0.15	0.13	0.57	0.13		-0.52	0.1	-0.4	0.16	-0.15	-0.39	0.8	0.22	0.01	0.72	-0.5	0.46	-0.05
Common Stock Total Equity	-0.22	-0.44	0.82	0.85	-0.77	-0.66	0.24	-0.88	-0.21	-0.38	-0.03	-0.38	-0.52		0.57	0.84	-0.68	0.38	0.86	-0.64	-0.43	-0.62	-0.43	0.99	-0.08	-0.1
Common Stock Shares Outstanding	-0.04	0.04	0.63	0.64	-0.25	-0.26	0.44	-0.33	-0.08	-0.47	0.34	-0.47	0.1	0.57		0.24	-0.38	0.55	0.3	-0.21	-0.38	-0.74	0.03	0.5	0.35	-0.06
Non Current Liabilities Total	-0.19	-0.31	0.79	0.82	-0.86	-0.52	0.18	-0.91	-0.22	-0.31	-0.05	-0.31	-0.4	0.84	0.24		-0.68	-0.07	1.0	-0.44	-0.42	-0.51	-0.28	0.9	-0.07	-0.15
Inventory	0.54	-0.09	-0.8	-0.78	0.81	0.57	-0.52	0.79	0.66	0.58	0.29	0.58	0.16	-0.68	-0.38	-0.68		-0.05	-0.71	0.55	0.75	0.31	-0.09	-0.69	0.42	-0.36
Other Current Assets	-0.12	-0.15	0.21	0.17	-0.03	-0.35	0.2	-0.13	-0.13	-0.24	-0.06	-0.24	-0.15	0.38	0.55	-0.07	-0.05		-0.04	-0.39	-0.05	-0.38	-0.11	0.3	-0.06	0.15
Total Liab	-0.21	-0.27	0.84	0.86	-0.87	-0.54	0.24	-0.92	-0.25	-0.36	-0.04	-0.36	-0.39	0.86	0.3	1.0	-0.71	-0.04		-0.45	-0.46	-0.55	-0.25	0.92	-0.06	-0.13
Property Plant And Equipment Gross	0.79	0.42	-0.55	-0.52	0.74	0.96	-0.35	0.76	0.56	0.48	0.74	0.48	0.8	-0.64	-0.21	-0.44	0.55	-0.39	-0.45		0.57	0.13	0.42	-0.59	0.61	-0.46
Total Current Assets	0.77	-0.35	-0.76	-0.7	0.73	0.57	-0.91	0.64	0.82	0.93	0.42	0.93	0.22	-0.43	-0.38	-0.42	0.75	-0.05	-0.46	0.57		0.3	-0.34	-0.43	0.53	-0.51
Short Term Debt	-0.1	0.09	-0.62	-0.61	0.37	0.2	-0.34	0.46	-0.03	0.41	-0.37	0.41	0.01	-0.62	-0.74	-0.51	0.31	-0.38	-0.55	0.13	0.3		0.07	-0.62	-0.29	0.42
Intangible Assets	-0.12	1.0	0.07	-0.01	0.13	0.38	0.6	0.3	-0.45	-0.45	0.1	-0.45	0.72	-0.43	0.03	-0.28	-0.09	-0.11	-0.25	0.42	-0.34	0.07		-0.38	-0.04	0.39
Common Stock	-0.21	-0.41	0.83	0.87	-0.81	-0.63	0.23	-0.91	-0.23	-0.38	-0.03	-0.38	-0.5	0.99	0.5	0.9	-0.69	0.3	0.92	-0.59	-0.43	-0.62	-0.38		-0.09	-0.11
Non Currrent Assets Other	0.7	-0.04	-0.11	-0.04	0.4	0.46	-0.39	0.31	0.68	0.43	0.8	0.43	0.46	-0.08	0.35	-0.07	0.42	-0.06	-0.06	0.61	0.53	-0.29	-0.04	-0.09		-0.55
Current Deferred Revenue	-0.8	0.4	0.15	0.1	-0.3	-0.44	0.49	-0.16	-0.79	-0.44	-0.69	-0.44	-0.05	-0.1	-0.06	-0.15	-0.36	0.15	-0.13	-0.46	-0.51	0.42	0.39	-0.11	-0.55

Click cells to compare fundamentals

Energy Resources Account Relationship Matchups

Energy Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	566.6M	1.0B	855.9M	679.8M	828.8M	1.1B
Other Current Liab	138.2M	189.2M	233.1M	282.7M	310.4M	325.9M
Total Current Liabilities	181.2M	229.3M	269.6M	326.0M	335.3M	352.1M
Total Stockholder Equity	(274.7M)	214.6M	(442.4M)	(603.7M)	(1.6B)	(1.5B)
Property Plant And Equipment Net	94.1M	91.6M	89.9M	90.8M	90.5M	86.0M
Net Debt	(204.4M)	(202.6M)	(163.8M)	(73.9M)	(216.3M)	(205.5M)
Retained Earnings	(1.4B)	(1.4B)	(2.0B)	(2.2B)	(3.6B)	(3.4B)
Accounts Payable	40.6M	38.5M	36.4M	30.8M	24.6M	39.1M
Cash	208.6M	204.4M	163.9M	87.1M	217.0M	156.7M
Non Current Assets Total	198.5M	517.5M	559.4M	577.0M	599.5M	526.6M
Cash And Short Term Investments	208.6M	204.4M	163.9M	87.1M	217.0M	156.7M
Net Receivables	9.4M	5.4M	29.1M	4.7M	4.2M	4.0M
Liabilities And Stockholders Equity	566.6M	1.0B	855.9M	679.8M	828.8M	1.1B
Non Current Liabilities Total	660.0M	556.3M	1.0B	957.4M	2.1B	2.2B
Inventory	144.3M	132.7M	29.6M	8.1M	7.3M	6.9M
Other Current Assets	5.8M	140.2M	74.0M	2.9M	785K	745.8K
Total Liab	841.3M	785.6M	1.3B	1.3B	2.5B	2.6B
Property Plant And Equipment Gross	94.1M	1.8M	92K	951K	91.0M	86.5M
Total Current Assets	368.1M	482.6M	296.5M	102.8M	229.3M	338.3M
Short Term Debt	2.4M	1.6M	93K	12.5M	295K	280.3K
Non Currrent Assets Other	(89.9M)	28.1M	15.4M	(1.0)	(1.15)	(1.09)
Other Stockholder Equity	388.7M	395.4M	388.6M	387.9M	387.7M	377.7M
Accumulated Other Comprehensive Income	388.7M	395.4M	388.6M	387.9M	387.7M	332.0M
Other Liab	658.3M	556.1M	1.0B	956.7M	1.1B	1.2B
Other Assets	72.9M	104.8M	1.0	425.9M	1.15	1.09
Property Plant Equipment	94.1M	91.6M	89.9M	90.8M	81.7M	77.6M
Short Term Investments	175.1M	123.3M	65.4M	0.0	186.4M	131.8M
Net Tangible Assets	(274.7M)	214.6M	(442.4M)	(603.7M)	(543.3M)	(516.1M)
Long Term Investments	76.3M	409.9M	469.4M	89.9M	103.3M	98.2M
Net Invested Capital	(274.7M)	214.6M	(442.4M)	(591.4M)	(1.6B)	(1.5B)
Net Working Capital	186.8M	253.3M	26.9M	(223.2M)	(106.0M)	(100.7M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Energy Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC