Centerpoint Energy Stock Total Asset

CNP Stock  USD 32.48  0.55  1.72%   
CenterPoint Energy fundamentals help investors to digest information that contributes to CenterPoint Energy's financial success or failures. It also enables traders to predict the movement of CenterPoint Stock. The fundamental analysis module provides a way to measure CenterPoint Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CenterPoint Energy stock.
Last ReportedProjected for Next Year
Total Assets39.7 B25.7 B
Intangibles To Total Assets 0.10  0.09 
As of 11/25/2024, Total Assets is likely to drop to about 25.7 B. In addition to that, Intangibles To Total Assets is likely to drop to 0.09.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

CenterPoint Energy Company Total Asset Analysis

CenterPoint Energy's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current CenterPoint Energy Total Asset

    
  39.72 B  
Most of CenterPoint Energy's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CenterPoint Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CenterPoint Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for CenterPoint Energy is extremely important. It helps to project a fair market value of CenterPoint Stock properly, considering its historical fundamentals such as Total Asset. Since CenterPoint Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CenterPoint Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CenterPoint Energy's interrelated accounts and indicators.
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CenterPoint Total Asset Historical Pattern

Today, most investors in CenterPoint Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CenterPoint Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CenterPoint Energy total asset as a starting point in their analysis.
   CenterPoint Energy Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

CenterPoint Total Assets

Total Assets

25.73 Billion

At this time, CenterPoint Energy's Total Assets are relatively stable compared to the past year.
Based on the latest financial disclosure, CenterPoint Energy has a Total Asset of 39.72 B. This indicator is about the same for the Multi-Utilities average (which is currently at 40.34 B) sector and significantly higher than that of the Utilities industry. The total asset for all United States stocks is 34.78% lower than that of the firm.

CenterPoint Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CenterPoint Energy's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CenterPoint Energy could also be used in its relative valuation, which is a method of valuing CenterPoint Energy by comparing valuation metrics of similar companies.
CenterPoint Energy is currently under evaluation in total asset category among its peers.

CenterPoint Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CenterPoint Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CenterPoint Energy's managers, analysts, and investors.
Environmental
Governance
Social

CenterPoint Energy Institutional Holders

Institutional Holdings refers to the ownership stake in CenterPoint Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CenterPoint Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CenterPoint Energy's value.
Shares
Deutsche Bank Ag2024-06-30
13.3 M
T. Rowe Price Associates, Inc.2024-06-30
10.6 M
Mizuho Securities Usa Inc2024-09-30
10 M
Amvescap Plc.2024-06-30
8.7 M
Legal & General Group Plc2024-06-30
7.7 M
Pictet Asset Manangement Sa2024-06-30
7.6 M
Jennison Associates Llc2024-09-30
6.9 M
Franklin Resources Inc2024-09-30
6.2 M
Alliancebernstein L.p.2024-06-30
M
Capital Research & Mgmt Co - Division 32024-09-30
87.1 M
Vanguard Group Inc2024-09-30
79.3 M

CenterPoint Fundamentals

About CenterPoint Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CenterPoint Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CenterPoint Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CenterPoint Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with CenterPoint 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 CenterPoint 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 CenterPoint Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against CenterPoint Stock

  0.82EBR Centrais ElectricasPairCorr
  0.59ES Eversource EnergyPairCorr
  0.59HE Hawaiian ElectricPairCorr
  0.49FE FirstEnergyPairCorr
  0.43AEP American Electric PowerPairCorr
The ability to find closely correlated positions to CenterPoint 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 CenterPoint 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 CenterPoint 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 CenterPoint Energy to buy it.
The correlation of CenterPoint 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 CenterPoint Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CenterPoint Energy 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 CenterPoint 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

Additional Tools for CenterPoint Stock Analysis

When running CenterPoint Energy's price analysis, check to measure CenterPoint Energy'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 CenterPoint Energy is operating at the current time. Most of CenterPoint Energy's value examination focuses on studying past and present price action to predict the probability of CenterPoint Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CenterPoint Energy's price. Additionally, you may evaluate how the addition of CenterPoint Energy to your portfolios can decrease your overall portfolio volatility.