Essent Common Stock Shares Outstanding vs Common Stock Total Equity Analysis

ESNT Stock

USD 56.86 0.05 0.09%

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

Common Stock Shares Outstanding vs Common Stock Total Equity

Common Stock Shares Outstanding vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essent Group Common Stock Shares Outstanding account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Essent's Common Stock Shares Outstanding and Common Stock Total Equity is 0.82. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Essent Group, assuming nothing else is changed. The correlation between historical values of Essent's Common Stock Shares Outstanding and Common Stock Total 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 Common Stock Shares Outstanding of Essent Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Essent's Common Stock Shares Outstanding and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Most indicators from Essent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Essent Group 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 Essent Group. 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.

Selling General Administrative is likely to drop to about 85.2 M in 2025. Tax Provision is likely to drop to about 108.8 M in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	800.4M	890.3M	1.2B	1.3B
Total Revenue	972.1M	1.1B	1.2B	633.8M

Gross Profit Total Revenue

Essent fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Total Current Liabilities	Net Tangible Assets	Accounts Payable
Common Stock Shares Outstanding		0.8	-0.27	0.74	0.67	0.37	0.7	0.65	-0.32	0.58	0.15	0.1	0.65	0.55	0.84	0.82	0.73	0.87	0.84	0.38	0.35	0.82	0.4	0.78	0.77	0.49
Total Assets	0.8		-0.63	0.92	0.87	0.64	0.52	0.88	0.09	0.5	0.29	0.25	0.9	0.45	0.98	0.79	0.81	0.86	0.99	0.58	0.38	0.79	0.67	0.59	0.99	0.63
Other Current Liab	-0.27	-0.63		-0.71	-0.72	-0.6	-0.1	-0.73	-0.17	-0.05	-0.18	-0.29	-0.73	-0.28	-0.53	-0.29	-0.76	-0.41	-0.61	-0.62	-0.45	-0.3	-0.62	0.13	-0.68	-0.58
Total Stockholder Equity	0.74	0.92	-0.71		0.98	0.8	0.36	0.98	0.11	0.34	0.46	0.45	0.97	0.28	0.91	0.74	0.9	0.8	0.9	0.51	0.27	0.74	0.6	0.47	0.91	0.57
Other Liab	0.67	0.87	-0.72	0.98		0.82	0.26	0.98	0.14	0.17	0.43	0.58	0.95	0.18	0.86	0.7	0.86	0.73	0.83	0.46	0.15	0.7	0.6	0.38	0.86	0.5
Property Plant And Equipment Net	0.37	0.64	-0.6	0.8	0.82		0.04	0.87	0.06	-0.01	0.71	0.66	0.76	-0.28	0.59	0.33	0.59	0.34	0.55	0.57	-0.11	0.33	0.72	0.07	0.64	0.23
Net Debt	0.7	0.52	-0.1	0.36	0.26	0.04		0.29	-0.55	0.67	-0.27	-0.27	0.35	0.67	0.58	0.3	0.33	0.52	0.58	0.42	0.41	0.3	0.35	0.74	0.54	0.47
Retained Earnings	0.65	0.88	-0.73	0.98	0.98	0.87	0.29		0.1	0.22	0.5	0.57	0.97	0.15	0.85	0.64	0.86	0.69	0.84	0.52	0.15	0.64	0.65	0.37	0.88	0.52
Cash	-0.32	0.09	-0.17	0.11	0.14	0.06	-0.55	0.1		-0.08	0.12	0.11	0.17	-0.08	0.08	0.25	0.0	0.13	0.04	-0.18	0.01	0.25	-0.1	-0.17	0.06	0.02
Non Current Assets Total	0.58	0.5	-0.05	0.34	0.17	-0.01	0.67	0.22	-0.08		0.1	-0.61	0.3	0.6	0.54	0.45	0.28	0.62	0.59	0.31	0.7	0.45	0.15	0.63	0.48	0.56
Non Currrent Assets Other	0.15	0.29	-0.18	0.46	0.43	0.71	-0.27	0.5	0.12	0.1		0.35	0.41	-0.56	0.22	0.19	0.28	0.11	0.24	0.14	-0.13	0.19	0.2	-0.05	0.24	0.1
Other Assets	0.1	0.25	-0.29	0.45	0.58	0.66	-0.27	0.57	0.11	-0.61	0.35		0.47	-0.45	0.24	0.17	0.35	0.04	0.15	0.03	-0.66	0.17	0.3	-0.05	0.25	-0.17
Long Term Debt	0.65	0.9	-0.73	0.97	0.95	0.76	0.35	0.97	0.17	0.3	0.41	0.47		0.29	0.87	0.67	0.88	0.75	0.89	0.48	0.23	0.67	0.57	0.47	0.9	0.63
Cash And Short Term Investments	0.55	0.45	-0.28	0.28	0.18	-0.28	0.67	0.15	-0.08	0.6	-0.56	-0.45	0.29		0.49	0.48	0.46	0.65	0.55	0.25	0.71	0.49	0.12	0.55	0.46	0.53
Net Receivables	0.84	0.98	-0.53	0.91	0.86	0.59	0.58	0.85	0.08	0.54	0.22	0.24	0.87	0.49		0.82	0.78	0.9	0.97	0.51	0.35	0.82	0.61	0.68	0.96	0.54
Common Stock Total Equity	0.82	0.79	-0.29	0.74	0.7	0.33	0.3	0.64	0.25	0.45	0.19	0.17	0.67	0.48	0.82		0.71	0.94	0.8	0.16	0.32	1.0	0.25	0.66	0.73	0.42
Short Term Investments	0.73	0.81	-0.76	0.9	0.86	0.59	0.33	0.86	0.0	0.28	0.28	0.35	0.88	0.46	0.78	0.71		0.78	0.84	0.46	0.4	0.71	0.48	0.39	0.82	0.59
Other Stockholder Equity	0.87	0.86	-0.41	0.8	0.73	0.34	0.52	0.69	0.13	0.62	0.11	0.04	0.75	0.65	0.9	0.94	0.78		0.9	0.3	0.5	0.94	0.33	0.73	0.82	0.55
Total Liab	0.84	0.99	-0.61	0.9	0.83	0.55	0.58	0.84	0.04	0.59	0.24	0.15	0.89	0.55	0.97	0.8	0.84	0.9		0.56	0.47	0.8	0.6	0.64	0.98	0.69
Property Plant And Equipment Gross	0.38	0.58	-0.62	0.51	0.46	0.57	0.42	0.52	-0.18	0.31	0.14	0.03	0.48	0.25	0.51	0.16	0.46	0.3	0.56		0.39	0.16	0.94	0.07	0.64	0.43
Total Current Assets	0.35	0.38	-0.45	0.27	0.15	-0.11	0.41	0.15	0.01	0.7	-0.13	-0.66	0.23	0.71	0.35	0.32	0.4	0.5	0.47	0.39		0.32	0.16	0.17	0.4	0.64
Common Stock	0.82	0.79	-0.3	0.74	0.7	0.33	0.3	0.64	0.25	0.45	0.19	0.17	0.67	0.49	0.82	1.0	0.71	0.94	0.8	0.16	0.32		0.24	0.66	0.73	0.42
Property Plant Equipment	0.4	0.67	-0.62	0.6	0.6	0.72	0.35	0.65	-0.1	0.15	0.2	0.3	0.57	0.12	0.61	0.25	0.48	0.33	0.6	0.94	0.16	0.24		0.11	0.71	0.29
Total Current Liabilities	0.78	0.59	0.13	0.47	0.38	0.07	0.74	0.37	-0.17	0.63	-0.05	-0.05	0.47	0.55	0.68	0.66	0.39	0.73	0.64	0.07	0.17	0.66	0.11		0.54	0.36
Net Tangible Assets	0.77	0.99	-0.68	0.91	0.86	0.64	0.54	0.88	0.06	0.48	0.24	0.25	0.9	0.46	0.96	0.73	0.82	0.82	0.98	0.64	0.4	0.73	0.71	0.54		0.64
Accounts Payable	0.49	0.63	-0.58	0.57	0.5	0.23	0.47	0.52	0.02	0.56	0.1	-0.17	0.63	0.53	0.54	0.42	0.59	0.55	0.69	0.43	0.64	0.42	0.29	0.36	0.64

Click cells to compare fundamentals

Essent Account Relationship Matchups

Essent fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	106.4M	111.6M	107.7M	107.1M	106.6M	90.5M
Total Assets	5.2B	5.7B	5.7B	6.4B	7.1B	3.6B
Other Current Liab	(302.6M)	(419.8M)	(418.5M)	29.6M	(489.6M)	(465.1M)
Total Stockholder Equity	3.9B	4.2B	4.5B	5.1B	5.6B	5.9B
Other Liab	281.0M	305.1M	373.7M	516.1M	593.5M	623.2M
Property Plant And Equipment Net	15.1M	11.9M	19.6M	41.3M	41.9M	44.0M
Net Debt	218.9M	338.3M	339.6M	280.1M	(131.5M)	(124.9M)
Retained Earnings	2.2B	2.8B	3.5B	4.1B	4.7B	4.9B
Cash	102.8M	81.5M	81.2M	141.8M	131.5M	103.2M
Non Current Assets Total	4.6B	5.0B	19.6M	4.0B	121.4M	115.4M
Non Currrent Assets Other	(49.4M)	(44.2M)	(4.8B)	3.6B	4.2B	4.4B
Other Assets	(4.1B)	(4.3B)	5.3B	2.2B	6.8B	7.1B
Long Term Debt	223.7M	224.2M	321.7M	494.0M	568.1M	596.5M
Cash And Short Term Investments	4.7B	5.0B	4.8B	141.8M	131.5M	124.9M
Net Receivables	50.1M	46.2M	57.4M	63.3M	55.6M	35.4M
Short Term Investments	4.6B	5.0B	4.7B	1.8B	5.9B	6.2B
Liabilities And Stockholders Equity	5.2B	5.7B	5.7B	6.4B	7.1B	3.6B
Other Stockholder Equity	1.6B	1.4B	1.4B	1.3B	1.2B	1.1B
Total Liab	1.3B	1.5B	1.3B	1.3B	1.5B	838.5M
Total Current Assets	4.7B	5.1B	390.7M	205.1M	187.0M	177.7M
Accumulated Other Comprehensive Income	138.3M	50.7M	(382.8M)	(280.5M)	(304.0M)	(288.8M)
Common Stock	1.7M	1.6M	1.6M	1.6M	1.8M	1.5M
Property Plant Equipment	17.3M	15.1M	11.9M	19.6M	22.5M	11.5M
Total Current Liabilities	321.7M	419.8M	418.5M	500.3M	176.8M	167.9M
Net Tangible Assets	3.0B	3.9B	4.2B	4.5B	5.1B	2.6B
Accounts Payable	66.5M	87.9M	407.4M	104.5M	120.1M	90.6M
Non Current Liabilities Total	626.8M	373.7M	843.0M	853.5M	1.0B	1.1B
Other Current Assets	1.4B	1.1B	1.3B	2.5B	2.8B	3.0B
Long Term Investments	4.7B	5.0B	4.7B	5.5B	5.9B	3.5B
Short Long Term Debt	224.2M	321.7M	419.8M	420.9M	421.9M	0.0
Short Term Debt	321.7M	419.8M	420.9M	5.3M	6.1M	5.8M
Intangible Assets	19.9M	15.1M	13.9M	72.8M	83.7M	87.9M
Retained Earnings Total Equity	1.8B	2.2B	2.8B	3.5B	4.0B	4.2B
Inventory	(1.4B)	(1.1B)	(5.8B)	(5.5B)	(4.9B)	(4.7B)
Deferred Long Term Liab	249.6M	305.1M	373.7M	356.8M	410.3M	222.0M
Capital Surpluse	1.1B	1.6B	1.4B	1.4B	1.6B	1.3B
Non Current Liabilities Other	348.2M	625.4M	592.8M	379.4M	436.3M	427.7M
Short Long Term Debt Total	321.7M	419.8M	420.9M	421.9M	494.0M	351.4M

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 Essent Stock Analysis

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