Ensign Historical Balance Sheet

ESI Stock  CAD 2.29  0.09  3.78%   
Trend analysis of Ensign Energy Services balance sheet accounts such as Other Current Liabilities of 2.9 M or Total Current Liabilities of 369.2 M provides information on Ensign Energy's total assets, liabilities, and equity, which is the actual value of Ensign Energy Services to its prevalent stockholders. By breaking down trends over time using Ensign Energy 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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Ensign Energy Services 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 Ensign Energy Services is a good buy for the upcoming year.

Ensign Energy Inventory

50.64 Million

  
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.

About Ensign Balance Sheet Analysis

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

Ensign Energy Balance Sheet Chart

At this time, Ensign Energy's Property Plant And Equipment Gross is very stable compared to the past year. As of the 29th of March 2025, Accumulated Other Comprehensive Income is likely to grow to about 307.6 M, while Total Assets are likely to drop about 2.2 B.

Total Assets

Total assets refers to the total amount of Ensign Energy 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 Ensign Energy Services 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 Ensign Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ensign Energy Services 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.
Most accounts from Ensign Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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 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 Property Plant And Equipment Gross is very stable compared to the past year. As of the 29th of March 2025, Accumulated Other Comprehensive Income is likely to grow to about 307.6 M, while Total Assets are likely to drop about 2.2 B.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total1.5B1.2B1.4B1.5B
Total Assets3.2B2.9B2.9B2.2B

Ensign Energy balance sheet Correlations

0.460.680.380.890.990.240.580.70.40.580.990.00.580.630.50.690.71-0.330.880.280.720.340.010.120.07
0.46-0.030.190.060.4-0.320.87-0.210.130.320.49-0.720.310.050.710.670.150.510.750.70.140.00.320.810.73
0.68-0.030.310.660.650.450.250.70.310.490.630.320.510.73-0.030.370.42-0.440.54-0.230.730.18-0.35-0.38-0.41
0.380.190.310.310.30.250.20.250.680.460.30.050.450.590.4-0.240.48-0.180.350.310.640.660.420.110.21
0.890.060.660.310.910.460.140.930.440.520.860.350.520.680.250.40.78-0.640.570.050.750.38-0.06-0.25-0.26
0.990.40.650.30.910.220.530.720.30.560.990.060.560.550.430.690.72-0.390.840.210.640.34-0.030.060.0
0.24-0.320.450.250.460.22-0.30.610.320.420.170.360.420.53-0.07-0.180.43-0.37-0.03-0.160.540.08-0.31-0.41-0.37
0.580.870.250.20.140.53-0.3-0.150.00.30.63-0.60.290.070.610.80.180.40.890.470.150.040.130.710.6
0.7-0.210.70.250.930.720.61-0.150.450.450.640.560.460.74-0.020.160.67-0.760.3-0.170.770.3-0.19-0.54-0.54
0.40.130.310.680.440.30.320.00.450.280.290.070.260.840.47-0.130.4-0.220.270.420.840.290.330.030.16
0.580.320.490.460.520.560.420.30.450.280.550.191.00.420.150.230.49-0.330.490.070.550.4-0.04-0.03-0.05
0.990.490.630.30.860.990.170.630.640.290.55-0.040.550.520.50.750.69-0.290.90.280.620.320.00.170.1
0.0-0.720.320.050.350.060.36-0.60.560.070.19-0.040.20.23-0.68-0.410.14-0.93-0.37-0.70.240.22-0.37-0.87-0.85
0.580.310.510.450.520.560.420.290.460.261.00.550.20.420.130.230.49-0.340.490.050.550.4-0.05-0.06-0.08
0.630.050.730.590.680.550.530.070.740.840.420.520.230.420.280.090.47-0.40.430.170.980.25-0.03-0.25-0.17
0.50.71-0.030.40.250.43-0.070.61-0.020.470.150.5-0.680.130.280.430.410.430.650.860.340.150.540.760.83
0.690.670.37-0.240.40.69-0.180.80.16-0.130.230.75-0.410.230.090.430.210.190.820.290.15-0.18-0.170.430.29
0.710.150.420.480.780.720.430.180.670.40.490.690.140.490.470.410.21-0.410.480.230.580.520.330.010.0
-0.330.51-0.44-0.18-0.64-0.39-0.370.4-0.76-0.22-0.33-0.29-0.93-0.34-0.40.430.19-0.410.080.51-0.43-0.320.230.740.74
0.880.750.540.350.570.84-0.030.890.30.270.490.9-0.370.490.430.650.820.480.080.460.510.210.080.480.4
0.280.7-0.230.310.050.21-0.160.47-0.170.420.070.28-0.70.050.170.860.290.230.510.460.190.160.410.680.76
0.720.140.730.640.750.640.540.150.770.840.550.620.240.550.980.340.150.58-0.430.510.190.320.03-0.18-0.12
0.340.00.180.660.380.340.080.040.30.290.40.320.220.40.250.15-0.180.52-0.320.210.160.320.2-0.14-0.04
0.010.32-0.350.42-0.06-0.03-0.310.13-0.190.33-0.040.0-0.37-0.05-0.030.54-0.170.330.230.080.410.030.20.530.58
0.120.81-0.380.11-0.250.06-0.410.71-0.540.03-0.030.17-0.87-0.06-0.250.760.430.010.740.480.68-0.18-0.140.530.96
0.070.73-0.410.21-0.260.0-0.370.6-0.540.16-0.050.1-0.85-0.08-0.170.830.290.00.740.40.76-0.12-0.040.580.96
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Ensign Energy Account Relationship Matchups

Ensign Energy balance sheet Accounts

202020212022202320242025 (projected)
Total Assets3.1B3.0B3.2B2.9B2.9B2.2B
Short Long Term Debt Total1.4B1.5B1.5B1.2B1.4B1.5B
Other Current Liab101.7M96.7M123.8M112.0M3.0M2.9M
Total Current Liabilities163.0M185.6M1.2B366.1M489.9M369.2M
Total Stockholder Equity1.4B1.2B1.3B1.3B1.4B1.2B
Property Plant And Equipment Net2.6B2.5B2.5B2.4B2.3B1.8B
Current Deferred Revenue9.1M5.4M10.8M16.3M18.7M14.2M
Net Debt1.4B1.5B1.4B1.2B1.0B524.2M
Retained Earnings872.9M713.4M721.5M762.8M742.0M913.8M
Accounts Payable35.5M76.9M145.4M114.6M165.4M130.7M
Cash44.2M13.3M49.9M20.5M28.1M36.9M
Non Current Assets Total2.8B2.7B2.7B2.6B2.5B1.8B
Cash And Short Term Investments44.2M13.3M49.9M20.5M23.6M37.1M
Net Receivables164.7M226.8M360.0M304.5M267.1M273.8M
Common Stock Shares Outstanding161.7M162.5M176.4M185.0M183.5M164.3M
Liabilities And Stockholders Equity3.1B3.0B3.2B2.9B3.4B2.1B
Non Current Liabilities Total1.5B1.6B716.7M1.3B1.1B630.0M
Inventory52.7M49.2M60.8M56.8M50.5M50.6M
Other Stockholder Equity23.3M23.2M23.4M23.8M21.4M20.3M
Total Liab1.7B1.8B1.9B1.6B1.5B999.2M
Property Plant And Equipment Gross2.6B5.8B6.0B5.8B5.9B6.2B
Total Current Assets261.6M289.9M470.6M381.9M389.0M367.0M
Accumulated Other Comprehensive Income235.3M223.3M276.1M254.8M293.0M307.6M
Short Term Debt8.3M5.3M894.0M119.0M136.9M189.9M
Other Current Assets52.7M580K60.8M56.8M65.3M68.6M
Common Stock230.4M230.4M267.8M267.5M307.6M228.3M
Other Liab170.1M131.0M135.7M153.9M138.5M241.5M
Net Tangible Assets1.5B1.4B1.2B1.3B1.2B1.3B
Other Assets121.7M143.2M174.2M196.4M225.8M135.5M
Long Term Debt1.4B1.5B556.9M1.1B869.7M1.0B
Property Plant Equipment2.9B2.6B2.5B2.5B2.3B2.3B
Long Term Debt Total1.6B1.4B1.5B562.8M647.3M1.1B
Capital Surpluse24.0M23.3M23.2M23.4M26.9M13.8M
Net Invested Capital2.7B2.6B2.7B2.5B2.4B2.2B
Net Working Capital98.6M104.2M(707.8M)15.8M(100.9M)(106.0M)
Capital Stock230.4M230.4M267.8M267.5M268.0M267.2M

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 against Ensign Stock

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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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Ensign Stock

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