Enstar Begin Period Cash Flow vs Free Cash Flow Analysis
ESGR Stock | USD 321.95 0.84 0.26% |
Enstar Group financial indicator trend analysis is much more than just examining Enstar Group Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enstar Group Limited is a good investment. Please check the relationship between Enstar Group Begin Period Cash Flow and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enstar Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Begin Period Cash Flow vs Free Cash Flow
Begin Period Cash Flow vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enstar Group Limited Begin Period Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Enstar Group's Begin Period Cash Flow and Free Cash Flow is 0.17. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Enstar Group Limited, assuming nothing else is changed. The correlation between historical values of Enstar Group's Begin Period Cash Flow and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Enstar Group Limited are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Begin Period Cash Flow i.e., Enstar Group's Begin Period Cash Flow and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Enstar Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enstar Group Limited 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 Enstar Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Enstar Group's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/24/2024, Enterprise Value Over EBITDA is likely to grow to 7.06, while Discontinued Operations is likely to drop slightly above 11.1 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 68M | 90M | 94.5M | Depreciation And Amortization | 129M | 113M | 118.7M |
Enstar Group fundamental ratios Correlations
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Enstar Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enstar Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 21.5M | 21.8M | 19.8M | 17.2M | 15.8M | 17.9M | |
Total Assets | 19.4B | 21.6B | 24.4B | 22.2B | 20.9B | 22.0B | |
Short Long Term Debt Total | 1.2B | 1.6B | 1.7B | 2.3B | 1.8B | 1.9B | |
Total Stockholder Equity | 4.8B | 6.7B | 6.1B | 4.7B | 5.5B | 5.8B | |
Net Debt | 488.1M | 472.1M | 45M | 1.5B | 1.0B | 1.1B | |
Retained Earnings | 2.9B | 4.6B | 5.1B | 4.4B | 5.2B | 5.4B | |
Cash | 703.1M | 901.2M | 1.6B | 822M | 830M | 678.0M | |
Non Current Assets Total | 10.9B | 11.1B | 14.9B | 11.3B | 18.5B | 19.5B | |
Non Currrent Assets Other | (9.5B) | (10.9B) | (11.1B) | (63M) | 14.5B | 15.3B | |
Other Assets | 2.3B | 3.3B | 418M | 10.0B | 1.6B | 3.0B | |
Cash And Short Term Investments | 2.8B | 4.6B | 7.3B | 6.1B | 832M | 1.5B | |
Liabilities And Stockholders Equity | 19.4B | 21.6B | 24.4B | 22.2B | 20.9B | 22.0B | |
Non Current Liabilities Total | 1.2B | 1.2B | 1.7B | 593M | 2.9B | 3.0B | |
Other Stockholder Equity | 1.4B | 1.4B | 500M | 1.2B | 156M | 148.2M | |
Total Liab | 14.1B | 14.6B | 17.9B | 17.2B | 15.3B | 16.0B | |
Total Current Assets | 6.2B | 7.3B | 9.1B | 836M | 832M | 790.4M | |
Accumulated Other Comprehensive Income | 7.2M | 80.7M | (16M) | (575M) | (336M) | (319.2M) | |
Common Stock Total Equity | 18.0M | 18.6M | 18M | 17M | 19.6M | 11.1M | |
Common Stock | 18.0M | 18.6M | 17M | 16M | 15M | 11.2M | |
Other Current Liab | (373.2M) | (679.4M) | (254M) | (100M) | (43M) | (45.2M) | |
Total Current Liabilities | 373.2M | 679.4M | 254M | 593M | 11.4B | 12.0B | |
Accounts Payable | 373.2M | 494.4M | 254M | 100M | 43M | 40.9M | |
Net Receivables | 3.4B | 2.7B | 1.7B | 1.3B | 71M | 67.5M | |
Other Liab | 11.7B | 12.2B | 16.0B | 15.2B | 17.5B | 18.4B | |
Short Term Investments | 2.1B | 3.7B | 5.7B | 5.3B | 2M | 1.9M | |
Long Term Debt | 1.2B | 1.4B | 1.7B | 1.8B | 1.8B | 1.9B | |
Other Current Assets | 2.1B | 1.9B | 2.3B | 1.9B | 1.5B | 2.4B | |
Net Tangible Assets | 4.6B | 6.5B | 6.0B | 4.4B | 5.0B | 4.0B | |
Noncontrolling Interest In Consolidated Entity | 14.2M | 13.6M | 230M | 96M | 86.4M | 76.3M | |
Retained Earnings Total Equity | 2.9B | 4.6B | 5.1B | 4.4B | 5.1B | 2.8B | |
Long Term Debt Total | 1.2B | 1.4B | 1.7B | 1.8B | 2.1B | 2.2B | |
Capital Surpluse | 1.8B | 1.8B | 922M | 766M | 880.9M | 1.5B | |
Deferred Long Term Liab | 16.1M | 238.6M | 371M | 658M | 756.7M | 794.5M |
Pair Trading with Enstar Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enstar Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enstar Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Enstar Stock
Moving against Enstar Stock
The ability to find closely correlated positions to Enstar Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enstar Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enstar Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enstar Group Limited to buy it.
The correlation of Enstar Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enstar Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enstar Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enstar Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Enstar Stock Analysis
When running Enstar Group's price analysis, check to measure Enstar Group'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 Enstar Group is operating at the current time. Most of Enstar Group's value examination focuses on studying past and present price action to predict the probability of Enstar Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enstar Group's price. Additionally, you may evaluate how the addition of Enstar Group to your portfolios can decrease your overall portfolio volatility.