ELF Historical Balance Sheet

ELF Stock

CAD 1,345 28.34 2.06%

Trend analysis of E L Financial Corp balance sheet accounts such as Total Stockholder Equity of 8.9 B or Property Plant And Equipment Net of 2.6 M provides information on E L's total assets, liabilities, and equity, which is the actual value of E L Financial to its prevalent stockholders. By breaking down trends over time using E L 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

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining E L Financial 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 E L Financial is a good buy for the upcoming year.

E L Inventory

(539.23 Million)

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E L Financial Corp. 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 ELF Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of E L Financial at a specified time, usually calculated after every quarter, six months, or one year. E L Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of E L 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 ELF currently owns. An asset can also be divided into two categories, current and non-current.

E L Balance Sheet Chart

At this time, E L's Non Currrent Assets Other are very stable compared to the past year. As of the 27th of March 2025, Common Stock Shares Outstanding is likely to grow to about 4.4 M, though Other Current Liabilities is likely to grow to (88.8 M).

Total Assets Short Long Term Debt Total Total Stockholder Equity Property Plant And Equipment Net

Total Assets

Total assets refers to the total amount of E L 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 E L Financial 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 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most accounts from E L's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into E L Financial 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 E L Financial Corp. 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	702.9M	733.4M	843.4M	885.5M
Total Assets	23.5B	25.8B	28.1B	29.5B

Short Long Term Debt Total Total Assets

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

Click cells to compare fundamentals

E L Account Relationship Matchups

E L balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	24.9B	26.8B	23.5B	25.8B	28.1B	29.5B
Short Long Term Debt Total	602.3M	602.2M	702.9M	733.4M	843.4M	885.5M
Other Current Liab	(189.4M)	136.4M	(107.9M)	(103.8M)	(93.4M)	(88.8M)
Total Current Liabilities	179.5M	189.1M	254.8M	(16.9M)	(19.4M)	(18.4M)
Total Stockholder Equity	6.5B	7.3B	6.7B	7.1B	8.5B	8.9B
Property Plant And Equipment Net	21.0M	16.8M	14.7M	13.9M	2.7M	2.6M
Net Debt	174.5M	(33.9M)	400.0M	292.5M	225.5M	236.7M
Retained Earnings	6.1B	6.9B	6.4B	6.7B	8.0B	8.4B
Non Current Assets Total	315.6M	16.5B	14.1B	25.0B	28.7B	30.2B
Non Currrent Assets Other	(315.6M)	(16.5B)	(89.6M)	17.8B	20.5B	21.6B
Other Assets	24.1B	7.6B	7.2B	335.2M	385.5M	366.2M
Net Receivables	88.1M	67.3M	69.6M	748K	673.2K	639.5K
Common Stock Shares Outstanding	4.2M	4.1M	3.6M	3.5M	4.0M	4.4M
Liabilities And Stockholders Equity	24.9B	26.8B	23.5B	25.8B	29.6B	31.1B
Other Stockholder Equity	44.1M	58.2M	351.2M	(300.0M)	(270.0M)	(256.5M)
Total Liab	17.3B	18.2B	15.8B	17.5B	18.4B	9.9B
Total Current Assets	515.8M	2.7B	2.2B	440.9M	396.8M	376.9M
Accumulated Other Comprehensive Income	56.4M	37.9M	(117.4M)	22.8M	20.5M	20.5M
Other Current Assets	595.0M	747.8M	733.9M	494.7M	445.3M	423.0M
Intangible Assets	28.0M	28.5M	60.6M	61.5M	58.8M	32.1M
Cash	427.8M	636.1M	302.9M	440.9M	373.4M	400.2M
Cash And Short Term Investments	427.8M	2.6B	2.0B	445.8M	512.7M	784.9M
Short Term Investments	15.5B	2.0B	1.7B	5.0M	840K	798K
Non Current Liabilities Total	923.9M	975.9M	254.8M	17.5B	20.1B	21.1B
Common Stock	66.8M	66.7M	64.1M	62.3M	56.1M	96.4M
Accounts Payable	179.5M	189.1M	107.9M	83.9M	82.6M	131.1M
Other Liab	15.0B	16.2B	17.2B	14.7B	16.9B	15.4B
Net Tangible Assets	6.0B	6.2B	7.0B	6.3B	7.3B	5.8B
Long Term Debt	602.3M	602.2M	702.9M	733.4M	598.9M	603.7M
Long Term Investments	266.6M	16.4B	14.0B	15.8B	17.6B	18.5B
Property Plant Equipment	25.2M	21.0M	16.8M	14.7M	13.2M	20.3M
Long Term Debt Total	488.8M	464.1M	602.3M	602.2M	692.5M	589.8M
Inventory	(595.0M)	(747.8M)	(506.9M)	(446.6M)	(513.6M)	(539.2M)
Cash And Equivalents	279.2M	211.6M	154.2M	130.7M	117.6M	193.9M
Net Invested Capital	6.8B	7.6B	7.1B	7.6B	8.8B	7.7B
Capital Stock	366.8M	366.7M	364.1M	362.3M	326.1M	293.4M

Pair Trading with E L

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 E L 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 E L will appreciate offsetting losses from the drop in the long position's value.

Moving together with ELF Stock

0.7

BRK

Berkshire Hathaway CDR

Pair Corr

Moving against ELF Stock

0.36

UNH

UnitedHealth Group CDR

Pair Corr

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

The correlation of E L 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 E L moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E L Financial 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 E L 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 ELF Stock

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ELF Historical Balance Sheet

E L Inventory

(539.23 Million)

About ELF Balance Sheet Analysis

E L Balance Sheet Chart

Total Assets

Total Stockholder Equity

Property Plant And Equipment Net

E L balance sheet Correlations

E L Account Relationship Matchups

High Positive Relationship

High Negative Relationship

E L balance sheet Accounts

Pair Trading with E L

Moving together with ELF Stock

Moving against ELF Stock

Other Information on Investing in ELF Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Assets
Cash And Short Term Investments	+ 0.96	Total Current Assets
Non Current Liabilities Total	+ 0.9	Non Currrent Assets Other

Non Current Liabilities Total	- 0.88	Other Stockholder Equity
Other Assets	- 0.82	Non Current Assets Total
Non Current Assets Total	- 0.82	Property Plant And Equipment Net
Non Current Liabilities Total	- 0.79	Property Plant And Equipment Net
Other Stockholder Equity	- 0.78	Non Currrent Assets Other
Non Current Liabilities Total	- 0.76	Other Assets