Consolidated Edison Stock Current Ratio
ED Stock | USD 98.70 0.82 0.84% |
Consolidated Edison fundamentals help investors to digest information that contributes to Consolidated Edison's financial success or failures. It also enables traders to predict the movement of Consolidated Stock. The fundamental analysis module provides a way to measure Consolidated Edison'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 Consolidated Edison stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 1.01 | 1.02 |
Consolidated | Current Ratio |
Consolidated Edison Company Current Ratio Analysis
Consolidated Edison's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Consolidated Edison Current Ratio | 0.83 X |
Most of Consolidated Edison's fundamental indicators, such as Current Ratio, 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, Consolidated Edison is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Consolidated Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Consolidated Edison is extremely important. It helps to project a fair market value of Consolidated Stock properly, considering its historical fundamentals such as Current Ratio. Since Consolidated Edison'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 Consolidated Edison'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 Consolidated Edison's interrelated accounts and indicators.
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Consolidated Current Ratio Historical Pattern
Today, most investors in Consolidated Edison Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Consolidated Edison'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 current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Consolidated Edison current ratio as a starting point in their analysis.
Consolidated Edison Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
Consolidated Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Consolidated Edison has a Current Ratio of 0.83 times. This is 36.15% lower than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The current ratio for all United States stocks is 61.57% higher than that of the company.
Consolidated Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Consolidated Edison's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Consolidated Edison could also be used in its relative valuation, which is a method of valuing Consolidated Edison by comparing valuation metrics of similar companies.Consolidated Edison is currently under evaluation in current ratio category among its peers.
Consolidated Edison 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, Consolidated Edison's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Consolidated Edison's managers, analysts, and investors.Environmental | Governance | Social |
Consolidated Fundamentals
Return On Equity | 0.0858 | ||||
Return On Asset | 0.0322 | ||||
Profit Margin | 0.12 % | ||||
Operating Margin | 0.21 % | ||||
Current Valuation | 60.11 B | ||||
Shares Outstanding | 346.41 M | ||||
Shares Owned By Insiders | 0.19 % | ||||
Shares Owned By Institutions | 69.47 % | ||||
Number Of Shares Shorted | 6.49 M | ||||
Price To Earning | 20.35 X | ||||
Price To Book | 1.55 X | ||||
Price To Sales | 2.27 X | ||||
Revenue | 14.66 B | ||||
Gross Profit | 7.68 B | ||||
EBITDA | 5.11 B | ||||
Net Income | 2.52 B | ||||
Cash And Equivalents | 1.28 B | ||||
Cash Per Share | 0.28 X | ||||
Total Debt | 25.01 B | ||||
Debt To Equity | 1.24 % | ||||
Current Ratio | 0.83 X | ||||
Book Value Per Share | 63.29 X | ||||
Cash Flow From Operations | 2.16 B | ||||
Short Ratio | 3.63 X | ||||
Earnings Per Share | 5.32 X | ||||
Price To Earnings To Growth | 8.67 X | ||||
Target Price | 100.0 | ||||
Number Of Employees | 14.59 K | ||||
Beta | 0.35 | ||||
Market Capitalization | 34.19 B | ||||
Total Asset | 66.33 B | ||||
Retained Earnings | 13.38 B | ||||
Working Capital | 75 M | ||||
Current Asset | 3.84 B | ||||
Current Liabilities | 4.72 B | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 3.68 % | ||||
Net Asset | 66.33 B | ||||
Last Dividend Paid | 3.3 |
About Consolidated Edison Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Consolidated Edison's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Consolidated Edison using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Consolidated Edison 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.
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Is Multi-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 Consolidated Edison. If investors know Consolidated 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 Consolidated Edison 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 0.112 | Dividend Share 3.3 | Earnings Share 5.32 | Revenue Per Share 43.464 | Quarterly Revenue Growth 0.057 |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison's 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 Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison's 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 Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison's 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.