Excelerate Common Stock Shares Outstanding vs Other Current Assets Analysis

EE Stock  USD 30.42  0.93  3.15%   
Excelerate Energy financial indicator trend analysis is much more than just examining Excelerate Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Excelerate Energy is a good investment. Please check the relationship between Excelerate Energy Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excelerate Energy. 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.
For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Excelerate Energy Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Excelerate Energy's Common Stock Shares Outstanding and Other Current Assets is 0.21. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Excelerate Energy, assuming nothing else is changed. The correlation between historical values of Excelerate Energy's Common Stock Shares Outstanding and Other 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 Common Stock Shares Outstanding of Excelerate Energy are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Excelerate Energy's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Excelerate Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Excelerate Energy 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 Excelerate Energy. 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.
For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.As of November 22, 2024, Tax Provision is expected to decline to about 26.2 M. In addition to that, Selling General Administrative is expected to decline to about 60.9 M
 2021 2022 2023 2024 (projected)
Total Revenue888.6M2.5B1.2B906.6M
Depreciation And Amortization129.8M130.5M116.1M75.0M

Excelerate Energy fundamental ratios Correlations

0.060.760.410.660.90.170.80.1-0.220.90.79-0.4-0.220.080.490.560.220.280.790.54-0.13-0.520.020.07-0.09
0.060.52-0.160.050.10.840.09-0.22-0.530.030.120.67-0.53-0.30.290.66-0.35-0.580.080.73-0.630.2-0.55-0.660.53
0.760.520.30.480.720.60.70.01-0.530.660.70.13-0.54-0.020.640.780.05-0.170.690.82-0.48-0.34-0.29-0.330.27
0.41-0.160.30.410.24-0.090.060.780.020.3-0.03-0.330.030.8-0.27-0.180.70.14-0.05-0.020.330.240.370.090.15
0.660.050.480.410.860.30.740.32-0.520.890.62-0.46-0.510.230.210.410.040.210.480.33-0.390.09-0.28-0.370.41
0.90.10.720.240.860.280.930.02-0.420.990.88-0.43-0.43-0.040.560.660.010.260.830.56-0.37-0.4-0.22-0.20.12
0.170.840.6-0.090.30.280.370.0-0.890.220.310.66-0.89-0.20.40.74-0.18-0.410.210.73-0.90.27-0.62-0.80.74
0.80.090.70.060.740.930.370.01-0.580.890.97-0.21-0.59-0.110.770.760.010.330.920.64-0.53-0.49-0.32-0.320.22
0.1-0.220.010.780.320.020.00.01-0.180.05-0.08-0.04-0.170.93-0.19-0.190.610.3-0.13-0.050.170.410.08-0.180.47
-0.22-0.53-0.530.02-0.52-0.42-0.89-0.58-0.18-0.38-0.47-0.461.00.06-0.47-0.690.070.14-0.34-0.610.93-0.250.620.83-0.82
0.90.030.660.30.890.990.220.890.05-0.380.82-0.51-0.390.00.450.560.040.270.760.46-0.32-0.34-0.15-0.130.08
0.790.120.7-0.030.620.880.310.97-0.08-0.470.82-0.17-0.48-0.140.860.8-0.090.330.970.7-0.46-0.63-0.37-0.280.15
-0.40.670.13-0.33-0.46-0.430.66-0.21-0.04-0.46-0.51-0.17-0.46-0.160.250.35-0.14-0.42-0.160.43-0.50.22-0.43-0.550.52
-0.22-0.53-0.540.03-0.51-0.43-0.89-0.59-0.171.0-0.39-0.48-0.460.07-0.48-0.70.080.13-0.35-0.620.94-0.230.630.83-0.81
0.08-0.3-0.020.80.23-0.04-0.2-0.110.930.060.0-0.14-0.160.07-0.27-0.320.470.21-0.19-0.150.380.340.080.020.29
0.490.290.64-0.270.210.560.40.77-0.19-0.470.450.860.25-0.48-0.270.85-0.140.210.890.81-0.5-0.68-0.43-0.40.21
0.560.660.78-0.180.410.660.740.76-0.19-0.690.560.80.35-0.7-0.320.85-0.23-0.050.770.96-0.73-0.37-0.58-0.620.44
0.22-0.350.050.70.040.01-0.180.010.610.070.04-0.09-0.140.080.47-0.14-0.230.43-0.01-0.110.35-0.010.720.2-0.05
0.28-0.58-0.170.140.210.26-0.410.330.30.140.270.33-0.420.130.210.21-0.050.430.38-0.10.28-0.370.290.2-0.16
0.790.080.69-0.050.480.830.210.92-0.13-0.340.760.97-0.16-0.35-0.190.890.77-0.010.380.7-0.33-0.77-0.23-0.160.01
0.540.730.82-0.020.330.560.730.64-0.05-0.610.460.70.43-0.62-0.150.810.96-0.11-0.10.7-0.61-0.33-0.51-0.620.47
-0.13-0.63-0.480.33-0.39-0.37-0.9-0.530.170.93-0.32-0.46-0.50.940.38-0.5-0.730.350.28-0.33-0.61-0.150.70.79-0.68
-0.520.2-0.340.240.09-0.40.27-0.490.41-0.25-0.34-0.630.22-0.230.34-0.68-0.37-0.01-0.37-0.77-0.33-0.15-0.16-0.370.56
0.02-0.55-0.290.37-0.28-0.22-0.62-0.320.080.62-0.15-0.37-0.430.630.08-0.43-0.580.720.29-0.23-0.510.7-0.160.69-0.65
0.07-0.66-0.330.09-0.37-0.2-0.8-0.32-0.180.83-0.13-0.28-0.550.830.02-0.4-0.620.20.2-0.16-0.620.79-0.370.69-0.93
-0.090.530.270.150.410.120.740.220.47-0.820.080.150.52-0.810.290.210.44-0.05-0.160.010.47-0.680.56-0.65-0.93
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Excelerate Energy Account Relationship Matchups

Excelerate Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.3B2.5B2.9B2.9B2.5B
Short Long Term Debt Total1.3B1.3B1.0B715.9M774.6M1.1B
Other Current Liab50.4M65.0M80.0M58.8M58.4M55.5M
Total Current Liabilities158.6M192.2M520.2M391.5M203.8M212.0M
Total Stockholder Equity854.2M887.1M1.1B477.4M505.4M711.3M
Property Plant And Equipment Net1.6B1.6B1.5B1.5B1.7B1.8B
Net Debt1.2B1.2B945.4M199.2M218.8M207.9M
Retained Earnings1.2B1.2B0.012.0M39.8M37.8M
Accounts Payable6.2M7.1M311.6M96.8M13.8M13.1M
Cash53.8M90.2M72.8M516.7M555.9M583.6M
Non Current Assets Total2.0B2.1B2.0B2.0B2.2B2.1B
Non Currrent Assets Other22.9M30.3M36.0M45.0M121.2M179.4M
Cash And Short Term Investments62.5M100.5M85.0M530.0M558.5M586.4M
Net Receivables24.7M30.1M283.9M96.5M97.3M87.9M
Liabilities And Stockholders Equity2.1B2.3B2.5B2.9B2.9B2.5B
Non Current Liabilities Total1.2B1.3B976.6M778.6M847.3M1.3B
Inventory5.2M22.4M105.0M173.6M2.9M2.8M
Other Current Assets7.2M20.4M28.7M37.6M24.4M27.8M
Other Stockholder Equity(9.5M)(15.0M)(6.8M)464.7M465.1M738.4M
Total Liab1.4B1.5B1.5B1.2B1.1B1.7B
Total Current Assets99.6M167.8M490.4M823.5M699.6M734.6M
Common Stock863.8M902.1M1.1B108K124.2K118.0K
Accumulated Other Comprehensive Income(9.5M)(15.0M)(9.2M)515K505K530.3K

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excelerate Energy. 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.
For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Oil & Gas Storage & Transportation 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 Excelerate Energy. If investors know Excelerate 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 Excelerate Energy 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
(0.13)
Dividend Share
0.135
Earnings Share
1
Revenue Per Share
31.848
Quarterly Revenue Growth
(0.30)
The market value of Excelerate Energy is measured differently than its book value, which is the value of Excelerate that is recorded on the company's balance sheet. Investors also form their own opinion of Excelerate Energy's value that differs from its market value or its book value, called intrinsic value, which is Excelerate 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 Excelerate Energy's market value can be influenced by many factors that don't directly affect Excelerate 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 Excelerate Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Excelerate Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Excelerate 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.