MPIR (Empire Diversified Energy) Change In Working Capital: $0.53 Mil (TTM As of Sep. 2023)

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MPIR Empire Diversified Energy Inc MPIR
28 GF Score
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What is Empire Diversified Energy Change In Working Capital?

Empire Diversified Energy MPIR +13.51% 28 Change In Working Capital is $0.53 Mil as of Sep. 2023. GuruFocus rates MPIR with a GF Score™ of 28/100.

Empire Diversified Energy's change in working capital for the quarter that ended in Sep. 2023 was $0.00 Mil.

Empire Diversified Energy's change in working capital for the fiscal year that ended in Dec. 2021 was $0.07 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Empire Diversified Energy Change In Working Capital Related Terms

Empire Diversified Energy Change In Working Capital Historical Data

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The historical data trend for Empire Diversified Energy's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Empire Diversified Energy Change In Working Capital Chart

Empire Diversified Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.52 0.87 0.67 0.07

Empire Diversified Energy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Sep22 Sep23
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.29 0.95 0.53 0.00 0.00
MPIR
28GF Score
Empire Diversified Energy Inc MPIR
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire Diversified Energy Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.53 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Change In Working Capital of $0.53 Mil mean?
Empire Diversified Energy (MPIR) has a Change In Working Capital of $0.53 Mil as of Sep. 2023. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Empire Diversified Energy.
Is Empire Diversified Energy's Change In Working Capital too high?
Empire Diversified Energy's current Change In Working Capital is $0.53 Mil. Overall, Empire Diversified Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Empire Diversified Energy's Change In Working Capital compare to BROG and IMPP?
Empire Diversified Energy's Change In Working Capital of $0.53 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for an Oil & Gas company?
A good Change In Working Capital depends on the Oil & Gas industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Empire Diversified Energy. Empire Diversified Energy's current Change In Working Capital is $0.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Diversified Energy stock overvalued right now?
Empire Diversified Energy (MPIR) has a current Change In Working Capital of $0.53 Mil. The current Change In Working Capital is $0.53 Mil. Empire Diversified Energy's overall GF Score™ is 28/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Empire Diversified Energy (MPIR), the current Change In Working Capital is $0.53 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Empire Diversified Energy Business Description

Industry EnergyOil & Gas
Address 1400 Main Street, Follansbee, WV, USA, WV 26037
Empire Diversified Energy Inc is a diversified energy and logistics company. It has developed a wide range of green energy products & solutions to industry problems, offering strategic and cost-effective logistics to address LNG and Petrochemical Storage Hubs, Petrochemical Loading Facilities, Scrap Iron and Mineral Sales, (Slag, HBI, Coal, Water), and Behind the grid utilities company that utilizes waste to energy and recycling systems to provide electricity, waste management and water treatment services. EDE provides a vast array of energy services and sources to energy buyers and sellers.
28GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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