Eni Cash And Equivalents vs Total Assets Analysis

E Stock  USD 29.00  0.11  0.38%   
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 Cash And Equivalents 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.

Cash And Equivalents vs Total Assets

Cash And Equivalents 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 Cash And Equivalents account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eni SPA's Cash And Equivalents and Total Assets is 0.23. Overlapping area represents the amount of variation of Cash And Equivalents 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 Cash And Equivalents 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 Cash And Equivalents 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 Cash And Equivalents i.e., Eni SPA's Cash And Equivalents and Total Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash And Equivalents

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 Income1.1B8.4B7.4B7.8B
Tax Provision5.0B8.2B4.2B4.9B

Eni SPA fundamental ratios Correlations

0.780.470.930.940.770.630.230.860.480.92-0.010.450.710.230.910.850.39-0.180.980.190.90.760.34-0.040.45
0.780.660.760.580.540.850.480.410.530.760.060.580.260.640.880.530.56-0.410.850.380.690.750.24-0.170.61
0.470.660.680.20.30.480.430.10.520.3-0.110.67-0.020.690.570.280.88-0.190.630.180.650.44-0.17-0.140.71
0.930.760.680.810.650.610.330.760.490.80.010.530.610.360.830.810.66-0.220.950.180.950.730.27-0.080.54
0.940.580.20.810.690.450.070.920.380.86-0.070.320.83-0.050.760.80.14-0.040.850.110.820.720.340.020.31
0.770.540.30.650.690.440.190.710.340.870.00.290.370.180.850.730.19-0.160.770.110.540.360.34-0.040.24
0.630.850.480.610.450.440.210.340.090.670.210.190.290.480.710.420.43-0.520.680.370.50.660.54-0.180.32
0.230.480.430.330.070.190.210.030.740.290.240.73-0.230.690.330.240.55-0.470.320.50.170.2-0.12-0.490.47
0.860.410.10.760.920.710.340.030.220.830.060.140.84-0.120.670.920.15-0.040.760.010.730.450.450.080.13
0.480.530.520.490.380.340.090.740.220.40.090.920.080.460.510.370.47-0.290.530.50.490.39-0.31-0.490.58
0.920.760.30.80.860.870.670.290.830.40.180.320.590.240.910.860.27-0.360.90.290.690.640.53-0.130.26
-0.010.06-0.110.01-0.070.00.210.240.060.090.18-0.10.18-0.03-0.030.280.04-0.85-0.040.78-0.09-0.070.43-0.76-0.44
0.450.580.670.530.320.290.190.730.140.920.32-0.1-0.030.580.510.260.64-0.20.540.410.530.43-0.4-0.40.84
0.710.26-0.020.610.830.370.29-0.230.840.080.590.18-0.03-0.350.430.74-0.02-0.050.570.120.690.480.39-0.03-0.06
0.230.640.690.36-0.050.180.480.69-0.120.460.24-0.030.58-0.350.470.140.69-0.240.40.190.230.23-0.2-0.140.59
0.910.880.570.830.760.850.710.330.670.510.91-0.030.510.430.470.740.44-0.240.950.210.770.640.28-0.060.51
0.850.530.280.810.80.730.420.240.920.370.860.280.260.740.140.740.35-0.260.80.190.730.40.44-0.110.14
0.390.560.880.660.140.190.430.550.150.470.270.040.64-0.020.690.440.35-0.310.540.220.540.31-0.02-0.220.65
-0.18-0.41-0.19-0.22-0.04-0.16-0.52-0.47-0.04-0.29-0.36-0.85-0.2-0.05-0.24-0.24-0.26-0.31-0.21-0.89-0.05-0.23-0.510.830.09
0.980.850.630.950.850.770.680.320.760.530.9-0.040.540.570.40.950.80.54-0.210.190.90.750.28-0.050.56
0.190.380.180.180.110.110.370.50.010.50.290.780.410.120.190.210.190.22-0.890.190.130.280.17-0.950.05
0.90.690.650.950.820.540.50.170.730.490.69-0.090.530.690.230.770.730.54-0.050.90.130.730.09-0.010.56
0.760.750.440.730.720.360.660.20.450.390.64-0.070.430.480.230.640.40.31-0.230.750.280.730.23-0.10.47
0.340.24-0.170.270.340.340.54-0.120.45-0.310.530.43-0.40.39-0.20.280.44-0.02-0.510.280.170.090.23-0.08-0.39
-0.04-0.17-0.14-0.080.02-0.04-0.18-0.490.08-0.49-0.13-0.76-0.4-0.03-0.14-0.06-0.11-0.220.83-0.05-0.95-0.01-0.1-0.080.02
0.450.610.710.540.310.240.320.470.130.580.26-0.440.84-0.060.590.510.140.650.090.560.050.560.47-0.390.02
Click cells to compare fundamentals

Eni SPA Account Relationship Matchups

Eni SPA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.4B109.6B137.8B152.2B142.6B94.9B
Short Long Term Debt Total30.2B31.7B33.1B31.9B39.1B23.6B
Other Current Liab5.5B9.1B20.8B16.1B12.0B6.7B
Total Current Liabilities29.6B23.7B43.3B48.8B36.1B26.3B
Total Stockholder Equity47.8B37.4B44.4B54.8B48.1B37.2B
Property Plant And Equipment Net67.5B58.6B61.1B60.8B61.1B52.1B
Net Debt24.2B22.3B24.9B21.7B29.0B19.1B
Retained Earnings37.6B25.4B28.6B37.3B38.7B40.7B
Accounts Payable15.5B8.7B16.8B19.5B14.2B12.0B
Cash6.0B9.4B8.3B10.2B10.2B10.7B
Non Current Assets Total88.5B76.7B79.9B90.3B99.7B71.7B
Non Currrent Assets Other2.4B2.4B2.2B4.2B11.8B12.4B
Cash And Short Term Investments13.1B15.2B18.9B19.9B17.0B17.8B
Net Receivables13.1B9.4B17.4B18.2B17.9B16.7B
Common Stock Shares Outstanding3.6B3.6B3.6B3.5B3.3B2.4B
Liabilities And Stockholders Equity123.4B109.6B137.8B152.2B142.6B108.0B
Non Current Liabilities Total45.9B48.5B50.0B48.1B52.9B33.8B
Inventory4.7B3.9B6.1B7.7B6.2B4.9B
Other Current Assets4.0B4.7B19.8B17.5B8.2B8.7B
Other Stockholder Equity(981M)(1.5B)(1.9B)(2.9B)(12.8B)(12.2B)
Total Liab75.5B72.2B93.2B96.9B89.0B56.0B
Property Plant And Equipment Gross68.6B58.1B61.1B60.8B203.7B213.9B
Total Current Assets34.9B32.9B57.9B61.9B49.3B32.1B
Accumulated Other Comprehensive Income7.2B8.6B12.8B16.3B13.8B12.4B
Short Term Debt6.5B5.6B5.0B8.4B8.1B4.7B
Intangible Assets763M751M1.0B1.6B3.2B2.0B
Short Term Investments7.1B5.8B10.6B9.8B6.8B3.6B
Other Liab22.2B22.4B21.8B24.7B28.4B19.5B
Other Assets7.9B6.5B6.7B8.1B(6.4B)(6.0B)
Long Term Debt18.9B21.9B23.7B19.4B21.7B18.6B
Property Plant Equipment67.5B58.1B61.0B60.8B69.9B66.1B
Current Deferred Revenue2.1B1.7B1.8B2.5B437M415.2M
Good Will1.3B1.3B2.9B3.1B3.1B1.7B
Net Tangible Assets44.8B34.1B39.9B49.2B56.6B41.0B
Long Term Investments11.1B8.7B9.6B15.2B13.9B8.7B
Short Long Term Debt5.1B4.8B4.1B7.5B6.1B4.5B

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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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.