Duke Inventory vs Short Term Investments Analysis

DUKB Stock  USD 24.84  0.14  0.57%   
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 Inventory and its Short Term Investments 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.

Inventory vs Short Term Investments

Inventory vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duke Energy Corp Inventory account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Duke Energy's Inventory and Short Term Investments is 0.21. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Investments 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 Inventory and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Duke Energy Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Inventory i.e., Duke Energy's Inventory and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Short Term Investments

Short Term Investments is an item under the current assets section of Duke Energy balance sheet. It contains any investments Duke Energy Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Duke Energy Corp can easily liquidate in the marketplace.
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 Profit12.0B13.0B13.8B8.4B
Total Revenue24.6B28.8B29.1B18.8B

Duke Energy fundamental ratios Correlations

0.940.630.740.870.970.70.330.620.240.81-0.010.930.3-0.040.80.710.70.590.710.820.69-0.790.880.170.84
0.940.80.890.980.970.840.420.790.350.94-0.271.00.52-0.290.890.850.710.70.850.810.83-0.70.93-0.020.9
0.630.80.870.850.730.990.271.00.330.89-0.450.790.66-0.460.90.990.840.720.990.710.95-0.620.83-0.170.83
0.740.890.870.940.820.880.440.870.230.9-0.380.890.76-0.390.90.880.670.740.890.740.91-0.570.87-0.160.79
0.870.980.850.940.920.880.470.850.350.96-0.340.980.62-0.360.910.890.710.740.890.790.91-0.660.91-0.070.87
0.970.970.730.820.920.780.350.720.260.87-0.10.970.38-0.110.860.790.740.660.790.850.77-0.790.940.050.9
0.70.840.990.880.880.780.270.990.360.9-0.410.840.63-0.420.91.00.850.691.00.720.96-0.690.86-0.140.86
0.330.420.270.440.470.350.270.270.150.52-0.120.410.51-0.130.470.290.090.510.30.40.34-0.150.32-0.130.21
0.620.791.00.870.850.720.990.270.340.89-0.470.790.66-0.490.890.990.840.710.990.70.94-0.60.82-0.180.83
0.240.350.330.230.350.260.360.150.340.35-0.590.380.15-0.610.170.360.060.120.36-0.050.330.00.28-0.270.35
0.810.940.890.90.960.870.90.520.890.35-0.380.930.61-0.390.950.910.740.790.910.810.88-0.650.88-0.140.86
-0.01-0.27-0.45-0.38-0.34-0.1-0.41-0.12-0.47-0.59-0.38-0.3-0.40.99-0.18-0.42-0.12-0.06-0.420.17-0.39-0.28-0.270.28-0.39
0.931.00.790.890.980.970.840.410.790.380.93-0.30.52-0.310.880.850.70.680.850.780.83-0.680.93-0.030.9
0.30.520.660.760.620.380.630.510.660.150.61-0.40.52-0.40.640.630.290.580.640.40.66-0.230.45-0.430.34
-0.04-0.29-0.46-0.39-0.36-0.11-0.42-0.13-0.49-0.61-0.390.99-0.31-0.4-0.19-0.43-0.13-0.07-0.430.16-0.41-0.27-0.290.24-0.4
0.80.890.90.90.910.860.90.470.890.170.95-0.180.880.64-0.190.910.80.880.910.920.87-0.730.88-0.160.82
0.710.850.990.880.890.791.00.290.990.360.91-0.420.850.63-0.430.910.860.71.00.740.96-0.680.87-0.110.88
0.70.710.840.670.710.740.850.090.840.060.74-0.120.70.29-0.130.80.860.590.860.790.81-0.770.830.210.84
0.590.70.720.740.740.660.690.510.710.120.79-0.060.680.58-0.070.880.70.590.710.870.69-0.480.71-0.330.61
0.710.850.990.890.890.791.00.30.990.360.91-0.420.850.64-0.430.911.00.860.710.740.96-0.680.87-0.110.87
0.820.810.710.740.790.850.720.40.7-0.050.810.170.780.40.160.920.740.790.870.740.71-0.790.820.040.74
0.690.830.950.910.910.770.960.340.940.330.88-0.390.830.66-0.410.870.960.810.690.960.71-0.650.84-0.040.82
-0.79-0.7-0.62-0.57-0.66-0.79-0.69-0.15-0.60.0-0.65-0.28-0.68-0.23-0.27-0.73-0.68-0.77-0.48-0.68-0.79-0.65-0.67-0.13-0.63
0.880.930.830.870.910.940.860.320.820.280.88-0.270.930.45-0.290.880.870.830.710.870.820.84-0.670.040.97
0.17-0.02-0.17-0.16-0.070.05-0.14-0.13-0.18-0.27-0.140.28-0.03-0.430.24-0.16-0.110.21-0.33-0.110.04-0.04-0.130.040.08
0.840.90.830.790.870.90.860.210.830.350.86-0.390.90.34-0.40.820.880.840.610.870.740.82-0.630.970.08
Click cells to compare fundamentals

Duke Energy Account Relationship Matchups

Duke Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding729M738M769M770M771M431.5M
Total Assets158.8B162.4B169.6B178.1B176.9B93.1B
Short Long Term Debt Total62.7B63.9B67.9B74.4B80.5B84.5B
Other Current Liab3.2B5.3B4.8B5.4B4.8B3.4B
Total Current Liabilities14.8B16.3B15.9B18.9B17.3B10.2B
Total Stockholder Equity46.8B48.0B49.3B49.3B49.1B29.1B
Property Plant And Equipment Net103.8B106.9B105.3B111.4B116.4B122.2B
Current Deferred Revenue1.8B1.7B1.9B10.0B(303M)(287.9M)
Net Debt62.4B63.7B67.6B74.0B80.2B84.2B
Retained Earnings4.1B2.5B3.3B2.6B2.2B2.6B
Cash311M259M343M409M253M240.4M
Non Current Assets Total149.7B153.7B159.6B164.9B164.1B84.3B
Non Currrent Assets Other3.3B20.8B29.8B28.5B17.4B18.2B
Cash And Short Term Investments311M259M343M409M253M240.4M
Net Receivables3.1B3.2B3.5B4.4B4.1B3.2B
Liabilities And Stockholders Equity158.8B162.4B169.6B178.1B176.9B93.1B
Non Current Liabilities Total96.1B96.9B102.5B107.4B109.4B114.9B
Inventory3.2B3.2B3.2B3.6B4.3B4.5B
Other Current Assets2.6B2.1B2.8B4.8B4.1B2.7B
Total Liab110.9B113.2B118.5B126.2B126.7B133.0B
Total Current Assets9.2B8.7B9.9B13.2B12.8B8.9B
Short Term Debt6.3B7.4B6.9B8.0B7.4B7.8B
Accumulated Other Comprehensive Income(130M)(237M)(303M)(140M)(6M)(6.3M)
Other Stockholder Equity40.9B43.8B44.4B44.9B44.9B37.6B
Intangible Assets249M295M236M265M282M267.9M
Net Tangible Assets41.7B43.8B44.9B46.0B52.9B47.1B
Noncontrolling Interest In Consolidated Entity(2M)17M1.1B1.2B1.4B1.5B
Long Term Debt49.0B51.1B55.0B55.6B64.0B50.7B
Retained Earnings Total Equity3.0B3.1B4.1B2.5B2.8B3.1B
Long Term Debt Total49.0B51.1B55.0B55.6B64.0B50.7B
Capital Surpluse38.8B40.8B40.9B43.8B50.3B44.0B
Long Term Investments43.1B44.0B47.5B46.9B54.0B41.5B
Non Current Liabilities Other34.7B35.4B41.2B41.3B47.5B38.5B
Property Plant Equipment86.4B91.7B102.1B106.8B122.8B85.3B

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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.