Constellation Total Current Assets vs Other Assets Analysis
CEG Stock | USD 251.84 16.42 6.97% |
Constellation Energy financial indicator trend analysis is way more than just evaluating Constellation Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Constellation Energy Corp is a good investment. Please check the relationship between Constellation Energy Total Current Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Constellation Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Total Current Assets vs Other Assets
Total Current Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Energy Corp Total Current Assets account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Constellation Energy's Total Current Assets and Other Assets is 0.67. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Constellation Energy Corp, assuming nothing else is changed. The correlation between historical values of Constellation Energy's Total Current Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Constellation Energy Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Assets i.e., Constellation Energy's Total Current Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Assets
Most indicators from Constellation Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Constellation Energy Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Constellation Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Constellation Energy's Enterprise Value Over EBITDA is most likely to increase in the upcoming years. The Constellation Energy's current Enterprise Value Multiple is estimated to increase to 11.50, while Sales General And Administrative To Revenue is projected to decrease to (0).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 19.6B | 24.4B | 24.9B | 21.0B | Depreciation And Amortization | 4.5B | 2.4B | 2.5B | 3.3B |
Constellation Energy fundamental ratios Correlations
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Constellation Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Constellation Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 49.0B | 48.1B | 48.1B | 46.9B | 50.8B | 51.3B | |
Other Current Liab | 2.1B | 2.5B | 2.9B | 3.6B | 3.2B | 3.3B | |
Total Current Liabilities | 7.3B | 5.2B | 8.0B | 7.8B | 6.3B | 6.2B | |
Total Stockholder Equity | 13.5B | 12.4B | 11.2B | 11.0B | 10.9B | 9.8B | |
Property Plant And Equipment Net | 24.2B | 22.2B | 19.6B | 19.8B | 22.1B | 22.8B | |
Net Debt | 8.0B | 7.0B | 7.7B | 5.3B | 8.8B | 9.2B | |
Retained Earnings | 4.0B | 2.8B | 768M | (496M) | 761M | 723.0M | |
Accounts Payable | 1.7B | 1.3B | 1.8B | 2.8B | 1.3B | 1.9B | |
Cash | 303M | 226M | 504M | 422M | 454M | 433.7M | |
Non Current Assets Total | 41.9B | 41.1B | 40.1B | 37.5B | 42.5B | 32.5B | |
Non Currrent Assets Other | 4.2B | 4.2B | 1.7B | 3.2B | 18.3B | 19.2B | |
Other Assets | 19.0B | 20.3B | 20.3B | 19.3B | 22.1B | 19.6B | |
Cash And Short Term Investments | 303M | 226M | 504M | 422M | 454M | 433.7M | |
Net Receivables | 3.7B | 1.8B | 2.4B | 3.3B | 2.9B | 2.8B | |
Non Current Liabilities Total | 25.9B | 28.2B | 28.5B | 27.7B | 33.2B | 18.3B | |
Inventory | 1.3B | 1.2B | 1.3B | 1.5B | 1.5B | 1.3B | |
Other Current Assets | 941M | 3.6B | 3.7B | 4.0B | 3.5B | 3.2B | |
Other Stockholder Equity | 9.6B | 9.6B | 10.5B | 1.8B | 2.5B | 3.2B | |
Total Liab | 33.2B | 33.4B | 36.5B | 35.5B | 39.5B | 36.4B | |
Total Current Assets | 7.1B | 6.9B | 8.0B | 9.4B | 8.3B | 8.0B | |
Common Stock | 9.6B | 9.6B | 10.5B | 13.3B | 12.4B | 10.9B | |
Other Liab | 20.2B | 21.5B | 23.6B | 22.6B | 26.0B | 23.1B | |
Net Tangible Assets | 13.1B | 12.1B | 11.2B | 11.0B | 9.9B | 9.8B | |
Property Plant Equipment | 22.3B | 20.3B | 19.6B | 19.8B | 17.8B | 16.6B |
Currently Active Assets on Macroaxis
When determining whether Constellation Energy Corp is a strong investment it is important to analyze Constellation Energy's 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 Constellation Energy's future performance. For an informed investment choice regarding Constellation Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Constellation Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Electric 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 Constellation Energy. If investors know Constellation 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 Constellation Energy 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 0.69 | Dividend Share 1.34 | Earnings Share 9.06 | Revenue Per Share 75.832 | Quarterly Revenue Growth 0.072 |
The market value of Constellation Energy Corp is measured differently than its book value, which is the value of Constellation that is recorded on the company's balance sheet. Investors also form their own opinion of Constellation Energy's value that differs from its market value or its book value, called intrinsic value, which is Constellation Energy'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 Constellation Energy's market value can be influenced by many factors that don't directly affect Constellation Energy'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 Constellation Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Constellation Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Constellation Energy'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.