Duke Common Stock vs Good Will Analysis
DUKB Stock | USD 24.70 0.12 0.49% |
Duke Energy financial indicator trend analysis is much more than just examining Duke Energy Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duke Energy Corp is a good investment. Please check the relationship between Duke Energy Common Stock and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duke 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 industry. For information on how to trade Duke Stock refer to our How to Trade Duke Stock guide.
Common Stock vs Good Will
Common Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duke Energy Corp Common Stock account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Duke Energy's Common Stock and Good Will is -0.63. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Duke Energy Corp, assuming nothing else is changed. The correlation between historical values of Duke Energy's Common Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Duke Energy Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Duke Energy's Common Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Duke Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duke 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duke 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 industry. For information on how to trade Duke Stock refer to our How to Trade Duke Stock guide.At present, Duke Energy's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 746.7 M, whereas Selling General Administrative is forecasted to decline to about 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.0B | 13.0B | 13.8B | 8.4B | Total Revenue | 24.6B | 28.8B | 29.1B | 18.8B |
Duke Energy fundamental ratios Correlations
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Duke Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Duke Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 729M | 738M | 769M | 770M | 771M | 431.5M | |
Total Assets | 158.8B | 162.4B | 169.6B | 178.1B | 176.9B | 93.1B | |
Short Long Term Debt Total | 62.7B | 63.9B | 67.9B | 74.4B | 80.5B | 84.5B | |
Other Current Liab | 3.2B | 5.3B | 4.8B | 5.4B | 4.8B | 3.4B | |
Total Current Liabilities | 14.8B | 16.3B | 15.9B | 18.9B | 17.3B | 10.2B | |
Total Stockholder Equity | 46.8B | 48.0B | 49.3B | 49.3B | 49.1B | 29.1B | |
Property Plant And Equipment Net | 103.8B | 106.9B | 105.3B | 111.4B | 116.4B | 122.2B | |
Current Deferred Revenue | 1.8B | 1.7B | 1.9B | 10.0B | (303M) | (287.9M) | |
Net Debt | 62.4B | 63.7B | 67.6B | 74.0B | 80.2B | 84.2B | |
Retained Earnings | 4.1B | 2.5B | 3.3B | 2.6B | 2.2B | 2.6B | |
Cash | 311M | 259M | 343M | 409M | 253M | 240.4M | |
Non Current Assets Total | 149.7B | 153.7B | 159.6B | 164.9B | 164.1B | 84.3B | |
Non Currrent Assets Other | 3.3B | 20.8B | 29.8B | 28.5B | 17.4B | 18.2B | |
Cash And Short Term Investments | 311M | 259M | 343M | 409M | 253M | 240.4M | |
Net Receivables | 3.1B | 3.2B | 3.5B | 4.4B | 4.1B | 3.2B | |
Liabilities And Stockholders Equity | 158.8B | 162.4B | 169.6B | 178.1B | 176.9B | 93.1B | |
Non Current Liabilities Total | 96.1B | 96.9B | 102.5B | 107.4B | 109.4B | 114.9B | |
Inventory | 3.2B | 3.2B | 3.2B | 3.6B | 4.3B | 4.5B | |
Other Current Assets | 2.6B | 2.1B | 2.8B | 4.8B | 4.1B | 2.7B | |
Total Liab | 110.9B | 113.2B | 118.5B | 126.2B | 126.7B | 133.0B | |
Total Current Assets | 9.2B | 8.7B | 9.9B | 13.2B | 12.8B | 8.9B | |
Short Term Debt | 6.3B | 7.4B | 6.9B | 8.0B | 7.4B | 7.8B | |
Accumulated Other Comprehensive Income | (130M) | (237M) | (303M) | (140M) | (6M) | (6.3M) | |
Other Stockholder Equity | 40.9B | 43.8B | 44.4B | 44.9B | 44.9B | 37.6B | |
Intangible Assets | 249M | 295M | 236M | 265M | 282M | 267.9M | |
Net Tangible Assets | 41.7B | 43.8B | 44.9B | 46.0B | 52.9B | 47.1B | |
Noncontrolling Interest In Consolidated Entity | (2M) | 17M | 1.1B | 1.2B | 1.4B | 1.5B | |
Long Term Debt | 49.0B | 51.1B | 55.0B | 55.6B | 64.0B | 50.7B | |
Retained Earnings Total Equity | 3.0B | 3.1B | 4.1B | 2.5B | 2.8B | 3.1B | |
Long Term Debt Total | 49.0B | 51.1B | 55.0B | 55.6B | 64.0B | 50.7B | |
Capital Surpluse | 38.8B | 40.8B | 40.9B | 43.8B | 50.3B | 44.0B | |
Long Term Investments | 43.1B | 44.0B | 47.5B | 46.9B | 54.0B | 41.5B | |
Non Current Liabilities Other | 34.7B | 35.4B | 41.2B | 41.3B | 47.5B | 38.5B | |
Property Plant Equipment | 86.4B | 91.7B | 102.1B | 106.8B | 122.8B | 85.3B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Duke Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Duke Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Duke Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Duke Energy Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duke 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 industry. For information on how to trade Duke Stock refer to our How to Trade Duke Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 Duke Energy. If investors know Duke 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 Duke Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Duke Energy Corp is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke 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 Duke Energy's market value can be influenced by many factors that don't directly affect Duke 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 Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke 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.