Eni Total Current Liabilities vs Gross Profit Margin Analysis
E Stock | USD 28.65 0.36 1.24% |
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 Total Current Liabilities and its Gross Profit Margin 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.
Total Current Liabilities vs Gross Profit Margin
Total Current Liabilities vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Total Current Liabilities account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Eni SPA's Total Current Liabilities and Gross Profit Margin is -0.37. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Gross Profit Margin 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 Total Current Liabilities and Gross Profit Margin 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 Liabilities of Eni SpA ADR are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Liabilities i.e., Eni SPA's Total Current Liabilities and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Eni SPA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eni SpA ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Gross Profit Margin
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 | 146.4B | 95.1B | |
Short Long Term Debt Total | 30.2B | 31.7B | 33.1B | 31.9B | 39.1B | 23.6B | |
Other Current Liab | 5.5B | 7.8B | 20.8B | 16.8B | 11.6B | 6.6B | |
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 | 37.8B | 39.6B | |
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 | 7.7B | 4.4B | |
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 | 14.5B | 16.6B | |
Common Stock Shares Outstanding | 3.6B | 1.8B | 1.8B | 1.7B | 1.7B | 1.5B | |
Liabilities And Stockholders Equity | 123.4B | 109.6B | 137.8B | 152.2B | 146.4B | 108.2B | |
Non Current Liabilities Total | 45.9B | 48.5B | 50.0B | 48.1B | 61.7B | 34.1B | |
Inventory | 4.7B | 3.9B | 6.1B | 7.7B | 6.2B | 4.9B | |
Other Current Assets | 4.0B | 4.7B | 19.8B | 17.5B | 14.2B | 14.9B | |
Total Liab | 75.5B | 72.2B | 93.2B | 96.9B | 97.8B | 56.3B | |
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 | 46.7B | 32.0B | |
Accumulated Other Comprehensive Income | 7.2B | 8.6B | 12.8B | 16.3B | 8.7B | 12.2B | |
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 1.61 | 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.