Eni Accounts Payable vs Total Assets Analysis
E Stock | USD 29.01 0.12 0.42% |
Eni SPA financial indicator trend analysis is much more than just examining Eni SpA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eni SpA ADR is a good investment. Please check the relationship between Eni SPA Accounts Payable and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA ADR. 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.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eni SPA's Accounts Payable and Total Assets is 0.86. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Eni SpA ADR, assuming nothing else is changed. The correlation between historical values of Eni SPA's Accounts Payable and Total 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 Accounts Payable of Eni SpA ADR are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Eni SPA's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Eni SPA obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eni SpA ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Assets
Total assets refers to the total amount of Eni SPA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Eni SpA ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Eni SPA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eni SpA ADR 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 Eni SpA ADR. 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 present, Eni SPA's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 1.1B | 8.4B | 7.4B | 7.8B | Tax Provision | 5.0B | 8.2B | 4.2B | 4.9B |
Eni SPA fundamental ratios Correlations
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Eni SPA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eni SPA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 123.4B | 109.6B | 137.8B | 152.2B | 142.6B | 94.9B | |
Short Long Term Debt Total | 30.2B | 31.7B | 33.1B | 31.9B | 39.1B | 23.6B | |
Other Current Liab | 5.5B | 9.1B | 20.8B | 16.1B | 12.0B | 6.7B | |
Total Current Liabilities | 29.6B | 23.7B | 43.3B | 48.8B | 36.1B | 26.3B | |
Total Stockholder Equity | 47.8B | 37.4B | 44.4B | 54.8B | 48.1B | 37.2B | |
Property Plant And Equipment Net | 67.5B | 58.6B | 61.1B | 60.8B | 61.1B | 52.1B | |
Net Debt | 24.2B | 22.3B | 24.9B | 21.7B | 29.0B | 19.1B | |
Retained Earnings | 37.6B | 25.4B | 28.6B | 37.3B | 38.7B | 40.7B | |
Accounts Payable | 15.5B | 8.7B | 16.8B | 19.5B | 14.2B | 12.0B | |
Cash | 6.0B | 9.4B | 8.3B | 10.2B | 10.2B | 10.7B | |
Non Current Assets Total | 88.5B | 76.7B | 79.9B | 90.3B | 99.7B | 71.7B | |
Non Currrent Assets Other | 2.4B | 2.4B | 2.2B | 4.2B | 11.8B | 12.4B | |
Cash And Short Term Investments | 13.1B | 15.2B | 18.9B | 19.9B | 17.0B | 17.8B | |
Net Receivables | 13.1B | 9.4B | 17.4B | 18.2B | 17.9B | 16.7B | |
Common Stock Shares Outstanding | 3.6B | 3.6B | 3.6B | 3.5B | 3.3B | 2.4B | |
Liabilities And Stockholders Equity | 123.4B | 109.6B | 137.8B | 152.2B | 142.6B | 108.0B | |
Non Current Liabilities Total | 45.9B | 48.5B | 50.0B | 48.1B | 52.9B | 33.8B | |
Inventory | 4.7B | 3.9B | 6.1B | 7.7B | 6.2B | 4.9B | |
Other Current Assets | 4.0B | 4.7B | 19.8B | 17.5B | 8.2B | 8.7B | |
Other Stockholder Equity | (981M) | (1.5B) | (1.9B) | (2.9B) | (12.8B) | (12.2B) | |
Total Liab | 75.5B | 72.2B | 93.2B | 96.9B | 89.0B | 56.0B | |
Property Plant And Equipment Gross | 68.6B | 58.1B | 61.1B | 60.8B | 203.7B | 213.9B | |
Total Current Assets | 34.9B | 32.9B | 57.9B | 61.9B | 49.3B | 32.1B | |
Accumulated Other Comprehensive Income | 7.2B | 8.6B | 12.8B | 16.3B | 13.8B | 12.4B | |
Short Term Debt | 6.5B | 5.6B | 5.0B | 8.4B | 8.1B | 4.7B | |
Intangible Assets | 763M | 751M | 1.0B | 1.6B | 3.2B | 2.0B | |
Short Term Investments | 7.1B | 5.8B | 10.6B | 9.8B | 6.8B | 3.6B | |
Other Liab | 22.2B | 22.4B | 21.8B | 24.7B | 28.4B | 19.5B | |
Other Assets | 7.9B | 6.5B | 6.7B | 8.1B | (6.4B) | (6.0B) | |
Long Term Debt | 18.9B | 21.9B | 23.7B | 19.4B | 21.7B | 18.6B | |
Property Plant Equipment | 67.5B | 58.1B | 61.0B | 60.8B | 69.9B | 66.1B | |
Current Deferred Revenue | 2.1B | 1.7B | 1.8B | 2.5B | 437M | 415.2M | |
Good Will | 1.3B | 1.3B | 2.9B | 3.1B | 3.1B | 1.7B | |
Net Tangible Assets | 44.8B | 34.1B | 39.9B | 49.2B | 56.6B | 41.0B | |
Long Term Investments | 11.1B | 8.7B | 9.6B | 15.2B | 13.9B | 8.7B | |
Short Long Term Debt | 5.1B | 4.8B | 4.1B | 7.5B | 6.1B | 4.5B |
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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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA ADR. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil, Gas & Consumable Fuels 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 Eni SPA. If investors know Eni 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 Eni SPA 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 (0.72) | Dividend Share 0.23 | Earnings Share 1.62 | Revenue Per Share 57.642 | Quarterly Revenue Growth (0.07) |
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA'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 Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA'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 Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eni SPA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA'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.