Ensign Historical Financial Ratios
| ESI Stock | CAD 2.95 0.04 1.37% |
Ensign Energy is recently reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.3 or Days Sales Outstanding of 94.05 will help investors to properly organize and evaluate Ensign Energy Services financial condition quickly.
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About Ensign Financial Ratios Analysis
Ensign Energy ServicesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ensign Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ensign financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ensign Energy history.
Ensign Energy Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ensign Energy Services stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ensign Energy sales, a figure that is much harder to manipulate than other Ensign Energy Services multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Ensign Energy Services dividend as a percentage of Ensign Energy stock price. Ensign Energy Services dividend yield is a measure of Ensign Energy stock productivity, which can be interpreted as interest rate earned on an Ensign Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most ratios from Ensign Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ensign Energy Services current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Ensign Energy Services. 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, Ensign Energy's Days Of Inventory On Hand is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Price To Sales Ratio is likely to drop 0.22.
| 2021 | 2022 | 2024 (projected) | Days Sales Outstanding | 83.15 | 83.3 | 94.05 | PTB Ratio | 0.23 | 0.46 | 0.3 |
Ensign Energy fundamentals Correlations
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Ensign Energy Account Relationship Matchups
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Ensign Energy fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.29 | 0.16 | 0.27 | 0.38 | 0.23 | 0.22 | |
| Ptb Ratio | 0.44 | 0.31 | 0.11 | 0.23 | 0.46 | 0.3 | |
| Days Sales Outstanding | 62.76 | 64.16 | 83.15 | 83.3 | 62.04 | 94.05 | |
| Book Value Per Share | 11.42 | 9.17 | 8.44 | 7.34 | 6.98 | 5.48 | |
| Free Cash Flow Yield | 0.29 | 1.34 | 0.42 | 0.24 | 0.45 | 0.48 | |
| Operating Cash Flow Per Share | 1.69 | 1.53 | 1.1 | 1.82 | 1.92 | 1.17 | |
| Stock Based Compensation To Revenue | 0.002542 | (0.002264) | 0.006405 | 0.0113 | (0.004541) | (0.004314) | |
| Capex To Depreciation | 0.37 | 0.13 | 0.23 | 0.62 | 0.57 | 0.54 | |
| Pb Ratio | 0.44 | 0.31 | 0.11 | 0.23 | 0.46 | 0.3 | |
| Ev To Sales | 2.07 | 1.27 | 1.6 | 1.73 | 0.9 | 1.77 | |
| Free Cash Flow Per Share | 0.84 | 1.22 | 0.7 | 0.83 | 0.98 | 1.03 | |
| Roic | (0.001811) | 0.002433 | (0.0257) | (0.0312) | 0.0627 | 0.12 | |
| Inventory Turnover | 31.8 | 19.61 | 21.0 | 23.64 | 27.3 | 26.59 | |
| Net Income Per Share | (1.02) | (0.41) | (0.96) | 0.0463 | 0.22 | 0.21 | |
| Days Of Inventory On Hand | 11.48 | 18.62 | 17.38 | 15.44 | 13.37 | 14.23 | |
| Payables Turnover | 22.28 | 29.12 | 13.42 | 9.88 | 13.54 | 7.15 | |
| Sales General And Administrative To Revenue | 0.0371 | 0.0442 | 0.0448 | 0.0433 | 0.0324 | 0.0482 | |
| Capex To Revenue | 0.0854 | 0.0536 | 0.0655 | 0.11 | 0.0981 | 0.15 | |
| Cash Per Share | 0.54 | 0.18 | 0.27 | 0.0819 | 0.28 | 0.11 | |
| Pocfratio | 1.69 | 0.6 | 1.53 | 1.87 | 1.13 | 1.07 | |
| Interest Coverage | (0.0415) | 0.11 | (0.87) | 0.54 | 1.33 | 1.27 | |
| Capex To Operating Cash Flow | 0.5 | 0.2 | 0.37 | 0.55 | 0.49 | 0.83 | |
| Pfcf Ratio | 3.41 | 0.75 | 2.41 | 4.11 | 2.21 | 2.09 | |
| Days Payables Outstanding | 16.39 | 12.53 | 27.2 | 36.95 | 26.96 | 25.62 | |
| Income Quality | (1.65) | (3.52) | (1.12) | 37.7 | 8.74 | 9.17 | |
| Roe | (0.11) | (0.0489) | (0.13) | 0.006307 | 0.0315 | 0.0299 | |
| Ev To Operating Cash Flow | 7.52 | 6.08 | 9.65 | 6.27 | 4.49 | 4.26 | |
| Pe Ratio | (2.78) | (2.2) | (1.75) | 73.66 | 9.86 | 13.04 | |
| Return On Tangible Assets | (0.33) | (0.0218) | (0.0524) | 0.002553 | 0.014 | 0.0133 | |
| Ev To Free Cash Flow | 15.18 | 7.63 | 15.2 | 13.78 | 8.76 | 8.33 | |
| Earnings Yield | (0.36) | (0.45) | (0.57) | 0.0136 | 0.1 | 0.11 | |
| Net Debt To E B I T D A | 4.2 | 3.61 | 7.17 | 3.49 | 2.51 | 1.3 | |
| Current Ratio | 0.77 | 1.53 | 1.61 | 1.56 | 0.4 | 1.29 | |
| Tangible Book Value Per Share | 12.68 | (9.51) | 8.44 | 7.34 | 6.98 | 5.03 | |
| Receivables Turnover | 5.82 | 5.69 | 4.39 | 4.38 | 5.88 | 3.56 | |
| Graham Number | 14.53 | 8.86 | 12.59 | 2.77 | 5.88 | 7.86 | |
| Shareholders Equity Per Share | 10.96 | 9.17 | 8.44 | 7.34 | 6.98 | 5.46 | |
| Debt To Equity | 1.08 | 1.01 | 1.22 | 1.12 | 0.92 | 0.97 |
Pair Trading with Ensign Energy
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 Ensign Energy 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 Ensign Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Ensign Stock
Moving against Ensign Stock
The ability to find closely correlated positions to Ensign Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ensign Energy 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 Ensign Energy - 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 Ensign Energy Services to buy it.
The correlation of Ensign Energy 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 Ensign Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ensign Energy Services 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 Ensign Energy 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.Other Information on Investing in Ensign Stock
Ensign Energy ServicesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ensign Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ensign financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ensign Energy history.