Essential Interest Income from 2010 to 2024

WTRG Stock  USD 40.04  0.07  0.17%   
Essential Utilities' Interest Income is decreasing over the last several years with slightly volatile swings. Interest Income is predicted to flatten to about 3.3 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
276 K
Current Value
1.4 M
Quarterly Volatility
12 M
 
Covid
Check Essential Utilities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essential Utilities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 360.9 M, Total Revenue of 2.2 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0292 or PTB Ratio of 3.05. Essential financial statements analysis is a perfect complement when working with Essential Utilities Valuation or Volatility modules.
  
Check out the analysis of Essential Utilities Correlation against competitors.
For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.

Latest Essential Utilities' Interest Income Growth Pattern

Below is the plot of the Interest Income of Essential Utilities over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Essential Utilities' Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Essential Utilities' overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Essential Interest Income Regression Statistics

Arithmetic Mean64,248,257
Geometric Mean29,932,591
Coefficient Of Variation79.47
Mean Deviation45,587,825
Median72,799,000
Standard Deviation51,059,959
Sample Variance2607.1T
Range141.2M
R-Value(0.82)
Mean Square Error897.4T
R-Squared0.68
Significance0.0002
Slope(9,417,661)
Total Sum of Squares36499.7T

Essential Interest Income History

20243.3 M
20233.5 M
20223.7 M
20212.4 M
20205.4 M
201925.4 M
2018143.6 M

Other Fundumenentals of Essential Utilities

Essential Utilities Interest Income component correlations

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About Essential Utilities Financial Statements

Essential Utilities stakeholders use historical fundamental indicators, such as Essential Utilities' Interest Income, to determine how well the company is positioned to perform in the future. Although Essential Utilities investors may analyze each financial statement separately, they are all interrelated. For example, changes in Essential Utilities' assets and liabilities are reflected in the revenues and expenses on Essential Utilities' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Essential Utilities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Income3.5 M3.3 M
Net Interest Income-275.7 M-262 M

Currently Active Assets on Macroaxis

When determining whether Essential Utilities is a strong investment it is important to analyze Essential Utilities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:
Check out the analysis of Essential Utilities Correlation against competitors.
For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essential Utilities. If investors know Essential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essential Utilities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
1.247
Earnings Share
2.02
Revenue Per Share
7.169
Quarterly Revenue Growth
0.058
The market value of Essential Utilities is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Utilities' value that differs from its market value or its book value, called intrinsic value, which is Essential Utilities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essential Utilities' market value can be influenced by many factors that don't directly affect Essential Utilities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essential Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.