Eni Total Revenue vs Total Current Assets 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 Revenue and its Total Current 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.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eni SPA's Total Revenue and Total Current Assets is 0.72. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current 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 Total Revenue and Total Current 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 Total Revenue of Eni SpA ADR are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Eni SPA's Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Eni SpA ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

0.790.480.930.940.760.640.240.850.480.930.050.460.67-0.050.890.850.35-0.320.970.210.90.770.34-0.050.45
0.790.650.760.580.540.850.480.410.530.760.00.580.20.020.920.530.58-0.310.890.380.670.750.24-0.170.61
0.480.650.70.210.30.460.430.120.510.3-0.270.67-0.03-0.130.560.290.84-0.030.630.170.660.44-0.17-0.130.71
0.930.760.70.810.650.610.330.760.490.80.030.530.59-0.10.80.810.59-0.340.940.180.940.730.27-0.080.54
0.940.580.210.810.690.450.080.920.380.860.030.320.82-0.040.710.80.09-0.240.840.110.830.720.340.020.31
0.760.540.30.650.690.440.190.710.340.870.030.290.360.110.80.730.17-0.310.750.110.540.360.34-0.040.24
0.640.850.460.610.450.440.210.340.090.670.210.190.240.10.750.420.46-0.570.710.370.480.660.54-0.180.32
0.240.480.430.330.080.190.210.030.740.29-0.110.73-0.270.180.370.240.64-0.110.350.480.160.2-0.12-0.480.48
0.850.410.120.760.920.710.340.030.220.830.250.140.84-0.040.610.920.08-0.350.740.010.740.450.450.080.13
0.480.530.510.490.380.340.090.740.220.4-0.30.920.04-0.210.530.370.560.190.540.50.480.39-0.31-0.490.58
0.930.760.30.80.860.870.670.290.830.40.240.320.550.040.90.860.28-0.490.90.290.680.640.53-0.130.26
0.050.0-0.270.030.030.030.21-0.110.25-0.30.24-0.50.28-0.220.070.4-0.01-0.530.020.28-0.07-0.110.63-0.18-0.62
0.460.580.670.530.320.290.190.730.140.920.32-0.5-0.05-0.10.520.260.680.230.550.410.520.43-0.4-0.40.84
0.670.2-0.030.590.820.360.24-0.270.840.040.550.28-0.05-0.210.340.72-0.07-0.190.520.040.680.440.370.02-0.08
-0.050.02-0.13-0.1-0.040.110.10.18-0.04-0.210.04-0.22-0.1-0.210.0-0.12-0.220.1-0.04-0.24-0.18-0.01-0.160.260.1
0.890.920.560.80.710.80.750.370.610.530.90.070.520.340.00.710.45-0.280.950.330.720.650.28-0.140.5
0.850.530.290.810.80.730.420.240.920.370.860.40.260.72-0.120.710.33-0.40.80.190.730.40.44-0.110.14
0.350.580.840.590.090.170.460.640.080.560.28-0.010.68-0.07-0.220.450.33-0.240.510.510.460.310.01-0.50.57
-0.32-0.31-0.03-0.34-0.24-0.31-0.57-0.11-0.350.19-0.49-0.530.23-0.190.1-0.28-0.4-0.24-0.31-0.22-0.1-0.28-0.930.160.23
0.970.890.630.940.840.750.710.350.740.540.90.020.550.52-0.040.950.80.51-0.310.250.880.760.29-0.090.55
0.210.380.170.180.110.110.370.480.010.50.290.280.410.04-0.240.330.190.51-0.220.250.10.280.17-0.950.05
0.90.670.660.940.830.540.480.160.740.480.68-0.070.520.68-0.180.720.730.46-0.10.880.10.720.080.010.56
0.770.750.440.730.720.360.660.20.450.390.64-0.110.430.44-0.010.650.40.31-0.280.760.280.720.23-0.10.47
0.340.24-0.170.270.340.340.54-0.120.45-0.310.530.63-0.40.37-0.160.280.440.01-0.930.290.170.080.23-0.08-0.39
-0.05-0.17-0.13-0.080.02-0.04-0.18-0.480.08-0.49-0.13-0.18-0.40.020.26-0.14-0.11-0.50.16-0.09-0.950.01-0.1-0.080.02
0.450.610.710.540.310.240.320.480.130.580.26-0.620.84-0.080.10.50.140.570.230.550.050.560.47-0.390.02
Click cells to compare fundamentals

Eni SPA Account Relationship Matchups

Eni SPA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.4B109.6B137.8B152.2B146.4B95.1B
Short Long Term Debt Total30.2B31.7B33.1B31.9B39.1B23.6B
Other Current Liab5.5B7.8B20.8B16.8B11.6B6.6B
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 Earnings37.6B25.4B28.6B37.3B37.8B39.6B
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 Other2.4B2.4B2.2B4.2B7.7B4.4B
Cash And Short Term Investments13.1B15.2B18.9B19.9B17.0B17.8B
Net Receivables13.1B9.4B17.4B18.2B14.5B16.6B
Common Stock Shares Outstanding3.6B1.8B1.8B1.7B1.7B1.5B
Liabilities And Stockholders Equity123.4B109.6B137.8B152.2B146.4B108.2B
Non Current Liabilities Total45.9B48.5B50.0B48.1B61.7B34.1B
Inventory4.7B3.9B6.1B7.7B6.2B4.9B
Other Current Assets4.0B4.7B19.8B17.5B14.2B14.9B
Total Liab75.5B72.2B93.2B96.9B97.8B56.3B
Property Plant And Equipment Gross68.6B58.1B61.1B60.8B203.7B213.9B
Total Current Assets34.9B32.9B57.9B61.9B46.7B32.0B
Accumulated Other Comprehensive Income7.2B8.6B12.8B16.3B8.7B12.2B
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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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global 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
1.61
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.