Element Historical Balance Sheet

EFN Stock

CAD 28.70 0.55 1.88%

Trend analysis of Element Fleet Management balance sheet accounts such as Other Current Liabilities of 1.5 B or Total Current Liabilities of 1.3 B provides information on Element Fleet's total assets, liabilities, and equity, which is the actual value of Element Fleet Management to its prevalent stockholders. By breaking down trends over time using Element Fleet balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Element Fleet Management latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Element Fleet Management is a good buy for the upcoming year.

Element Fleet Inventory

10 Billion

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Fleet Management. 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.

About Element Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Element Fleet Management at a specified time, usually calculated after every quarter, six months, or one year. Element Fleet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Element Fleet and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Element currently owns. An asset can also be divided into two categories, current and non-current.

Element Fleet Balance Sheet Chart

At this time, Element Fleet's Retained Earnings are very stable compared to the past year. As of the 29th of March 2025, Accounts Payable is likely to grow to about 1.6 B, while Property Plant And Equipment Net is likely to drop about 1.8 B.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

Total Assets

Total assets refers to the total amount of Element Fleet 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 Element Fleet Management 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.

Total Current Liabilities

Total Current Liabilities is an item on Element Fleet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Element Fleet Management are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from Element Fleet's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Element Fleet Management current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Element Fleet Management. 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.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	9.4B	8.1B	9.3B	9.8B
Total Assets	14.3B	16.5B	12.7B	12.8B

Short Long Term Debt Total Total Assets

Element Fleet balance sheet 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	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Common Stock Shares Outstanding	Other Stockholder Equity	Property Plant And Equipment Gross	Short Term Debt	Non Currrent Assets Other	Other Assets	Good Will	Common Stock Total Equity
Total Assets		0.96	-0.48	0.68	0.99	0.87	0.97	0.16	0.54	0.01	0.91	0.01	0.86	0.7	0.27	1.0	0.97	0.95	0.83	0.38	0.72	0.8	-0.46	0.46	0.92	0.92
Short Long Term Debt Total	0.96		-0.64	0.75	0.93	0.76	0.99	0.09	0.37	-0.07	0.8	-0.08	0.87	0.55	0.32	0.96	0.97	0.88	0.7	0.46	0.55	0.79	-0.61	0.4	0.82	0.84
Other Current Liab	-0.48	-0.64		-0.51	-0.42	-0.12	-0.59	0.33	0.43	0.4	-0.14	0.37	-0.7	-0.05	-0.24	-0.49	-0.58	-0.31	-0.04	-0.56	0.16	-0.45	0.72	0.16	-0.19	-0.22
Total Current Liabilities	0.68	0.75	-0.51		0.71	0.64	0.65	0.23	0.19	-0.01	0.57	-0.01	0.66	0.03	-0.1	0.67	0.63	0.66	0.35	0.16	0.51	0.71	-0.86	0.53	0.49	0.64
Total Stockholder Equity	0.99	0.93	-0.42	0.71		0.89	0.94	0.15	0.57	0.0	0.93	0.01	0.86	0.68	0.21	0.98	0.95	0.97	0.85	0.36	0.75	0.78	-0.46	0.45	0.92	0.95
Property Plant And Equipment Net	0.87	0.76	-0.12	0.64	0.89		0.76	0.28	0.72	0.21	0.97	0.21	0.65	0.68	0.11	0.86	0.75	0.9	0.79	0.14	0.95	0.74	-0.32	0.58	0.86	0.92
Net Debt	0.97	0.99	-0.59	0.65	0.94	0.76		0.08	0.41	-0.06	0.82	-0.07	0.86	0.65	0.41	0.98	0.99	0.89	0.75	0.43	0.57	0.77	-0.5	0.36	0.86	0.85
Retained Earnings	0.16	0.09	0.33	0.23	0.15	0.28	0.08		0.57	0.66	0.22	0.59	-0.27	0.07	-0.3	0.17	0.09	0.21	0.23	-0.47	0.39	0.4	0.02	0.83	0.22	0.28
Accounts Payable	0.54	0.37	0.43	0.19	0.57	0.72	0.41	0.57		0.41	0.75	0.36	0.13	0.68	0.0	0.53	0.43	0.66	0.8	-0.05	0.81	0.4	0.26	0.64	0.74	0.73
Cash	0.01	-0.07	0.4	-0.01	0.0	0.21	-0.06	0.66	0.41		0.13	0.99	-0.32	0.08	-0.19	0.01	-0.06	0.07	0.09	-0.53	0.31	0.15	0.16	0.52	0.05	0.11
Non Current Assets Total	0.91	0.8	-0.14	0.57	0.93	0.97	0.82	0.22	0.75	0.13		0.12	0.7	0.79	0.2	0.9	0.82	0.93	0.89	0.24	0.92	0.72	-0.23	0.5	0.95	0.95
Cash And Short Term Investments	0.01	-0.08	0.37	-0.01	0.01	0.21	-0.07	0.59	0.36	0.99	0.12		-0.28	0.07	-0.19	0.01	-0.06	0.05	0.07	-0.53	0.31	0.14	0.13	0.46	0.04	0.09
Net Receivables	0.86	0.87	-0.7	0.66	0.86	0.65	0.86	-0.27	0.13	-0.32	0.7	-0.28		0.47	0.2	0.86	0.87	0.76	0.61	0.59	0.44	0.6	-0.62	0.08	0.72	0.7
Non Current Liabilities Total	0.7	0.55	-0.05	0.03	0.68	0.68	0.65	0.07	0.68	0.08	0.79	0.07	0.47		0.41	0.7	0.68	0.7	0.83	0.28	0.65	0.47	0.28	0.16	0.82	0.71
Other Current Assets	0.27	0.32	-0.24	-0.1	0.21	0.11	0.41	-0.3	0.0	-0.19	0.2	-0.19	0.2	0.41		0.29	0.34	0.19	0.18	0.05	0.03	0.11	0.08	-0.14	0.24	0.17
Total Liab	1.0	0.96	-0.49	0.67	0.98	0.86	0.98	0.17	0.53	0.01	0.9	0.01	0.86	0.7	0.29		0.98	0.94	0.82	0.39	0.7	0.81	-0.46	0.46	0.92	0.91
Total Current Assets	0.97	0.97	-0.58	0.63	0.95	0.75	0.99	0.09	0.43	-0.06	0.82	-0.06	0.87	0.68	0.34	0.98		0.91	0.79	0.46	0.56	0.76	-0.46	0.35	0.88	0.87
Common Stock	0.95	0.88	-0.31	0.66	0.97	0.9	0.89	0.21	0.66	0.07	0.93	0.05	0.76	0.7	0.19	0.94	0.91		0.89	0.33	0.79	0.79	-0.36	0.5	0.92	0.99
Common Stock Shares Outstanding	0.83	0.7	-0.04	0.35	0.85	0.79	0.75	0.23	0.8	0.09	0.89	0.07	0.61	0.83	0.18	0.82	0.79	0.89		0.32	0.76	0.59	0.01	0.4	0.96	0.9
Other Stockholder Equity	0.38	0.46	-0.56	0.16	0.36	0.14	0.43	-0.47	-0.05	-0.53	0.24	-0.53	0.59	0.28	0.05	0.39	0.46	0.33	0.32		-0.07	0.12	-0.22	-0.23	0.32	0.25
Property Plant And Equipment Gross	0.72	0.55	0.16	0.51	0.75	0.95	0.57	0.39	0.81	0.31	0.92	0.31	0.44	0.65	0.03	0.7	0.56	0.79	0.76	-0.07		0.62	-0.12	0.61	0.79	0.84
Short Term Debt	0.8	0.79	-0.45	0.71	0.78	0.74	0.77	0.4	0.4	0.15	0.72	0.14	0.6	0.47	0.11	0.81	0.76	0.79	0.59	0.12	0.62		-0.53	0.58	0.69	0.79
Non Currrent Assets Other	-0.46	-0.61	0.72	-0.86	-0.46	-0.32	-0.5	0.02	0.26	0.16	-0.23	0.13	-0.62	0.28	0.08	-0.46	-0.46	-0.36	0.01	-0.22	-0.12	-0.53		-0.27	-0.16	-0.3
Other Assets	0.46	0.4	0.16	0.53	0.45	0.58	0.36	0.83	0.64	0.52	0.5	0.46	0.08	0.16	-0.14	0.46	0.35	0.5	0.4	-0.23	0.61	0.58	-0.27		0.43	0.55
Good Will	0.92	0.82	-0.19	0.49	0.92	0.86	0.86	0.22	0.74	0.05	0.95	0.04	0.72	0.82	0.24	0.92	0.88	0.92	0.96	0.32	0.79	0.69	-0.16	0.43		0.92
Common Stock Total Equity	0.92	0.84	-0.22	0.64	0.95	0.92	0.85	0.28	0.73	0.11	0.95	0.09	0.7	0.71	0.17	0.91	0.87	0.99	0.9	0.25	0.84	0.79	-0.3	0.55	0.92

Click cells to compare fundamentals

Element Fleet Account Relationship Matchups

Element Fleet balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.0B	13.0B	14.3B	16.5B	12.7B	12.8B
Short Long Term Debt Total	11.6B	8.3B	9.4B	8.1B	9.3B	9.8B
Other Current Liab	(1.6B)	1.2B	1.5B	1.2B	1.4B	1.5B
Total Current Liabilities	1.1B	1.2B	1.9B	1.2B	1.3B	1.3B
Total Stockholder Equity	3.8B	3.5B	3.7B	3.9B	2.8B	3.0B
Property Plant And Equipment Net	2.3B	2.4B	2.9B	3.6B	2.5B	1.8B
Net Debt	10.0B	8.2B	8.9B	8.0B	8.3B	8.9B
Retained Earnings	(64.1M)	(22.5M)	129.3M	320.9M	650.4M	682.9M
Accounts Payable	924.9M	1.1B	1.1B	1.3B	1.5B	1.6B
Cash	8.8M	45.3M	68.9M	96.3M	128.8M	135.3M
Non Current Assets Total	4.8B	4.9B	5.5B	6.2B	4.5B	3.6B
Cash And Short Term Investments	8.8M	45.3M	68.9M	96.3M	110.8M	116.3M
Net Receivables	9.8B	7.6B	8.3B	7.4B	1.1B	1.0B
Liabilities And Stockholders Equity	15.0B	13.0B	14.3B	16.5B	18.9B	12.7B
Non Current Liabilities Total	10.1B	8.3B	8.8B	12.6B	8.6B	6.8B
Other Current Assets	389.0M	400.9M	433.3M	253.9M	292.0M	277.4M
Total Liab	11.2B	9.5B	10.7B	12.6B	9.9B	9.8B
Total Current Assets	10.2B	8.1B	8.8B	7.8B	8.2B	8.6B
Common Stock	3.2B	3.0B	2.9B	2.8B	3.3B	2.4B
Common Stock Shares Outstanding	453.8M	439.5M	413.3M	405.2M	404.5M	353.4M
Other Stockholder Equity	222.8M	13.8M	13.8M	1.0	1.15	1.09
Property Plant And Equipment Gross	2.3B	3.5B	4.3B	5.4B	3.8B	2.4B
Accumulated Other Comprehensive Income	44.5M	(3.8M)	304.7M	477.9M	549.5M	577.0M
Short Term Debt	1.6B	2.8B	387.0M	3.0B	3.4B	2.0B
Non Currrent Assets Other	53.6M	26.3M	131.9M	413.8M	475.8M	499.6M
Other Assets	444.1M	417.7M	798.8M	2.5B	2.9B	3.1B
Good Will	1.2B	1.2B	1.3B	1.3B	1.0B	1.0B
Intangible Assets	814.4M	830.0M	864.6M	846.0M	642.5M	693.2M
Other Liab	48.2M	57.8M	89.3M	132.5M	152.4M	160.0M
Net Tangible Assets	1.1B	1.2B	888.1M	1.2B	1.0B	1.1B
Long Term Debt	10.0B	8.2B	9.0B	10.8B	8.5B	8.6B
Short Long Term Debt	339.7M	1.7B	1.6B	387.0M	348.3M	330.9M
Property Plant Equipment	2.2B	2.3B	2.4B	2.9B	3.3B	2.3B
Long Term Debt Total	12.7B	10.0B	8.3B	9.0B	8.1B	10.0B
Net Invested Capital	13.3B	11.1B	12.3B	14.4B	11.2B	11.2B
Net Working Capital	9.1B	6.9B	6.9B	8.7B	6.8B	7.7B

Pair Trading with Element Fleet

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 Element Fleet 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 Element Fleet will appreciate offsetting losses from the drop in the long position's value.

Moving against Element Stock

0.64	VMY-H	Voice Mobility Inter	Pair Corr
0.34	NHT-U	NexPoint Hospitality	Pair Corr
0.34	MTN-H	Martina Minerals Corp	Pair Corr

The ability to find closely correlated positions to Element Fleet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Element Fleet 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 Element Fleet - 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 Element Fleet Management to buy it.

The correlation of Element Fleet 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 Element Fleet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Element Fleet Management 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 Element Fleet 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.

Pair Correlation Correlation Matching

Other Information on Investing in Element Stock

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Element Historical Balance Sheet

Element Fleet Inventory

10 Billion

About Element Balance Sheet Analysis

Element Fleet Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Element Fleet balance sheet Correlations

Element Fleet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Element Fleet balance sheet Accounts

Pair Trading with Element Fleet

Moving against Element Stock

Other Information on Investing in Element Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Net Debt
Cash And Short Term Investments	+ 0.99	Cash
Common Stock Total Equity	+ 0.99	Common Stock

Non Currrent Assets Other	- 0.86	Total Current Liabilities
Net Receivables	- 0.7	Other Current Liab
Other Current Liab	- 0.64	Short Long Term Debt Total
Non Currrent Assets Other	- 0.62	Net Receivables
Non Currrent Assets Other	- 0.61	Short Long Term Debt Total
Net Debt	- 0.59	Other Current Liab