ESE Other Stockholder Equity vs Total Assets Analysis

ESE Stock  CAD 0.07  0.01  7.14%   
ESE Entertainment financial indicator trend analysis is much more than just examining ESE Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESE Entertainment is a good investment. Please check the relationship between ESE Entertainment Other Stockholder Equity and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESE Entertainment. 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.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESE Entertainment Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ESE Entertainment's Other Stockholder Equity and Total Assets is 0.97. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of ESE Entertainment, assuming nothing else is changed. The correlation between historical values of ESE Entertainment's Other Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of ESE Entertainment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., ESE Entertainment's Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of ESE Entertainment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ESE Entertainment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from ESE Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESE Entertainment 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 ESE Entertainment. 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.
At this time, ESE Entertainment's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 12.9 M in 2024, despite the fact that Tax Provision is likely to grow to (48.4 K).

ESE Entertainment fundamental ratios Correlations

0.820.850.710.34-0.820.710.750.790.850.990.79-0.280.880.840.970.90.79-0.040.340.830.930.80.720.71-0.73
0.820.980.180.81-0.770.210.260.671.00.890.67-0.670.980.990.790.510.67-0.540.250.770.560.950.810.93-0.83
0.850.980.270.76-0.860.340.390.780.990.910.78-0.70.950.960.870.60.78-0.530.120.70.610.970.910.84-0.9
0.710.180.27-0.4-0.470.970.970.550.240.610.530.330.30.230.710.930.530.570.260.460.90.220.250.07-0.25
0.340.810.76-0.4-0.51-0.34-0.30.380.780.470.4-0.880.730.780.35-0.040.4-0.89-0.050.380.010.790.660.77-0.69
-0.82-0.77-0.86-0.47-0.51-0.59-0.62-0.97-0.8-0.83-0.980.68-0.76-0.75-0.91-0.75-0.980.450.24-0.41-0.71-0.91-0.94-0.490.97
0.710.210.340.97-0.34-0.591.00.670.270.610.650.170.30.240.760.940.650.430.070.350.870.30.40.03-0.39
0.750.260.390.97-0.3-0.621.00.690.320.660.670.150.350.290.790.960.670.410.10.40.90.350.430.08-0.42
0.790.670.780.550.38-0.970.670.690.710.790.99-0.580.680.660.890.790.99-0.34-0.280.350.750.830.870.38-0.91
0.851.00.990.240.78-0.80.270.320.710.910.71-0.650.990.990.830.560.71-0.510.230.780.60.960.830.91-0.85
0.990.890.910.610.47-0.830.610.660.790.910.78-0.380.930.910.960.840.78-0.160.340.850.870.860.760.79-0.78
0.790.670.780.530.4-0.980.650.670.990.710.78-0.610.680.670.890.781.0-0.38-0.30.340.740.850.890.38-0.93
-0.28-0.67-0.70.33-0.880.680.170.15-0.58-0.65-0.38-0.61-0.56-0.6-0.38-0.03-0.610.960.49-0.05-0.01-0.79-0.8-0.460.83
0.880.980.950.30.73-0.760.30.350.680.990.930.68-0.561.00.830.590.68-0.410.340.850.660.930.750.94-0.79
0.840.990.960.230.78-0.750.240.290.660.990.910.67-0.61.00.80.540.67-0.470.320.820.610.930.760.94-0.79
0.970.790.870.710.35-0.910.760.790.890.830.960.89-0.380.830.80.920.89-0.130.130.690.90.840.820.61-0.83
0.90.510.60.93-0.04-0.750.940.960.790.560.840.78-0.030.590.540.920.780.240.180.60.980.570.580.34-0.59
0.790.670.780.530.4-0.980.650.670.990.710.781.0-0.610.680.670.890.78-0.38-0.310.340.740.850.890.38-0.93
-0.04-0.54-0.530.57-0.890.450.430.41-0.34-0.51-0.16-0.380.96-0.41-0.47-0.130.24-0.380.490.070.24-0.62-0.63-0.390.64
0.340.250.120.26-0.050.240.070.1-0.280.230.34-0.30.490.340.320.130.18-0.310.490.770.3-0.04-0.280.540.29
0.830.770.70.460.38-0.410.350.40.350.780.850.34-0.050.850.820.690.60.340.070.770.70.590.370.88-0.38
0.930.560.610.90.01-0.710.870.90.750.60.870.74-0.010.660.610.90.980.740.240.30.70.590.510.45-0.56
0.80.950.970.220.79-0.910.30.350.830.960.860.85-0.790.930.930.840.570.85-0.62-0.040.590.590.920.78-0.96
0.720.810.910.250.66-0.940.40.430.870.830.760.89-0.80.750.760.820.580.89-0.63-0.280.370.510.920.55-0.98
0.710.930.840.070.77-0.490.030.080.380.910.790.38-0.460.940.940.610.340.38-0.390.540.880.450.780.55-0.57
-0.73-0.83-0.9-0.25-0.690.97-0.39-0.42-0.91-0.85-0.78-0.930.83-0.79-0.79-0.83-0.59-0.930.640.29-0.38-0.56-0.96-0.98-0.57
Click cells to compare fundamentals

ESE Entertainment Account Relationship Matchups

ESE Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets842.1K15.9M21.5M9.1M10.5M8.7M
Other Current Liab82.8K118.0K6.2M1.8M2.1M1.5M
Total Current Liabilities378.5K1.3M13.9M6.4M7.4M4.1M
Total Stockholder Equity463.6K14.5M2.7M3.6M4.1M3.9M
Net Debt(550.0K)(4.6M)5.6M1.2M1.4M1.4M
Retained Earnings(4.0M)(21.2M)(50.6M)(57.0M)(51.3M)(48.7M)
Cash550.0K4.8M812.2K2.1M2.4M1.6M
Cash And Short Term Investments550.0K4.8M1.1M2.1M2.4M1.6M
Common Stock Shares Outstanding26.8M45.5M64.2M72.8M83.7M87.9M
Liabilities And Stockholders Equity842.1K15.9M21.5M9.1M10.5M8.7M
Total Liab378.5K1.4M19.2M6.4M7.4M5.1M
Total Current Assets842.1K6.5M11.8M4.6M5.3M4.4M
Accumulated Other Comprehensive Income6.0K(107.1K)(139.5K)2.2M2.6M2.7M
Common Stock4.1M28.7M44.3M52.3M60.1M63.1M
Accounts Payable180.7K882.8K5.2M1.3M1.5M1.7M
Net Receivables265.6K834.1K9.6M2.3M2.6M2.9M
Other Stockholder Equity355.4K7.1M9.1M6.0M6.9M5.0M
Net Invested Capital463.6K14.5M7.9M6.8M7.8M6.6M
Capital Stock4.1M28.7M44.3M52.3M60.1M63.1M
Net Working Capital463.6K5.2M(2.1M)(1.8M)(1.7M)(1.6M)

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 ESE Stock Analysis

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