Edison International Financials

EIX Stock  USD 86.48  0.61  0.70%   
Based on the analysis of Edison International's profitability, liquidity, and operating efficiency, Edison International is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Edison International's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt is likely to rise to about 36.7 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 297.7 M in 2024. Key indicators impacting Edison International's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.82.1992
Significantly Down
Slightly volatile
Current Ratio0.870.7922
Significantly Up
Very volatile
Investors should never underestimate Edison International's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Edison International's cash flow, debt, and profitability to make informed and accurate decisions about investing in Edison International.

Cash And Equivalents

1.1 Billion

  
Understanding current and past Edison International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Edison International's financial statements are interrelated, with each one affecting the others. For example, an increase in Edison International's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Edison International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Edison International. Check Edison International's Beneish M Score to see the likelihood of Edison International's management manipulating its earnings.

Edison International Stock Summary

Edison International competes with Southern, American Electric, Duke Energy, Dominion Energy, and Consolidated Edison. Edison International, through its subsidiaries, generates and distributes electric power. The company was founded in 1886 and is headquartered in Rosemead, California. Edison International operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 13003 people.
Foreign Associate
  Germany
Specialization
Utilities, Utilities - Regulated Electric
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2810201077
CUSIP281020107 783882103
LocationCalifornia; U.S.A
Business Address2244 Walnut Grove
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.edison.com
Phone626 302 2222
CurrencyUSD - US Dollar

Edison International Key Financial Ratios

Edison International Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets64.4B69.4B74.7B78.0B81.8B49.1B
Other Current Liab2.4B4.7B2.6B2.9B2.7B2.6B
Net Debt19.5B24.1B29.1B32.2B35.0B36.7B
Retained Earnings8.4B8.2B7.9B7.5B7.5B6.5B
Accounts Payable1.8B2.0B2.0B2.4B2.0B1.4B
Cash68M87M390M914M345M327.8M
Net Receivables1.4B1.7B2.2B2.3B2.8B1.6B
Inventory364M405M420M474M527M397.1M
Other Current Assets1.4B2.9B2.5B3.3B3.2B3.3B
Total Liab48.9B53.4B57.0B60.5B63.8B37.6B
Total Current Assets3.6B5.1B5.5B7.1B6.8B4.8B
Short Term Debt1.1B3.6B4.0B5.1B3.9B2.2B
Common Stock5.0B6.0B6.1B6.2B6.3B6.7B
Other Liab24.9B22.6B22.8B22.2B25.5B15.0B
Other Assets15.9B15.3B16.7B11.6B13.3B9.0B
Long Term Debt17.9B19.6B24.2B27.0B30.3B15.2B
Net Tangible Assets13.3B14.0B13.9B13.6B15.7B12.8B
Long Term Debt Total17.9B19.6B24.2B27.0B31.1B16.3B

Edison International Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense841M902M925M1.2B1.6B1.7B
Total Revenue12.3B13.6B14.9B17.2B16.3B11.9B
Gross Profit4.5B5.0B5.7B6.1B6.7B4.9B
Operating Income1.8B1.2B1.5B1.5B2.6B2.3B
Ebit1.8B1.5B1.7B1.8B3.1B2.4B
Ebitda4.0B3.5B4.0B4.5B5.8B3.4B
Net Income1.4B871M925M824M1.2B852.5M
Income Tax Expense(278M)(305M)(136M)(162M)108M113.4M
Cost Of Revenue7.9B8.5B9.2B11.1B9.6B6.6B
Income Before Tax1.1B566M789M662M1.5B861.7M
Minority Interest(21M)(14M)2.2B1.9B2.2B2.3B
Research Development190M218M311M344M358M375.9M
Tax Provision(278M)(305M)(136M)(162M)108M113.4M
Interest Income37M20M925M89M267M235.5M
Net Interest Income(804M)(882M)(922M)(1.1B)(1.3B)(1.4B)

Edison International Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Edison International. It measures of how well Edison is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Edison International brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Edison had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Edison International has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(49M)(83M)(43M)(58M)(63M)(59.9M)
Change In Cash(82M)19M305M523M(385M)(365.8M)
Free Cash Flow(5.2B)(4.2B)(5.5B)(2.6B)(2.0B)(1.9B)
Other Non Cash Items(2.5B)(174M)184M(12M)(161M)(153.0M)
Dividends Paid810M928M1.0B1.1B1.2B1.3B
Capital Expenditures4.9B5.5B5.5B5.8B5.4B3.7B
Net Income1.4B871M925M824M1.4B951.6M
End Period Cash Flow70M89M394M917M532M956.1M
Change Receivables(76M)(283M)(514M)(252M)(226.8M)(215.5M)
Net Borrowings3.4B4.1B4.5B4.0B4.6B4.9B
Depreciation1.8B2.0B2.3B2.6B2.7B2.2B
Change To Netincome(172M)(381M)(220M)(303M)(348.5M)(331.0M)

Edison Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Edison International's current stock value. Our valuation model uses many indicators to compare Edison International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Edison International competition to find correlations between indicators driving Edison International's intrinsic value. More Info.
Edison International is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.40  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Edison International is roughly  2.49 . At this time, Edison International's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Edison International's earnings, one of the primary drivers of an investment's value.

Edison International Systematic Risk

Edison International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Edison International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Edison International correlated with the market. If Beta is less than 0 Edison International generally moves in the opposite direction as compared to the market. If Edison International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Edison International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Edison International is generally in the same direction as the market. If Beta > 1 Edison International moves generally in the same direction as, but more than the movement of the benchmark.

Edison International Thematic Clasifications

Edison International is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Edison International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Edison International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Edison International growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.23

At this time, Edison International's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Edison International November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Edison International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Edison International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Edison International based on widely used predictive technical indicators. In general, we focus on analyzing Edison Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Edison International's daily price indicators and compare them against related drivers.

Additional Tools for Edison Stock Analysis

When running Edison International's price analysis, check to measure Edison International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.