Edison Common Stock Total Equity vs Total Current Liabilities Analysis

EIX Stock  USD 87.61  1.13  1.31%   
Edison International financial indicator trend analysis is much more than just examining Edison International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edison International is a good investment. Please check the relationship between Edison International Common Stock Total Equity and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edison International Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Edison International's Common Stock Total Equity and Total Current Liabilities is 0.73. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Edison International, assuming nothing else is changed. The correlation between historical values of Edison International's Common Stock Total Equity and Total Current Liabilities 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 Total Equity of Edison International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Edison International's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on Edison International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Edison International 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.
Most indicators from Edison International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edison International 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 Edison International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.At this time, Edison International's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 40.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 18.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.7B6.1B6.7B4.9B
Total Revenue14.9B17.2B16.3B11.9B

Edison International fundamental ratios Correlations

0.140.140.120.280.220.140.13-0.570.00.10.130.640.10.340.260.120.150.18-0.070.14-0.140.270.440.11-0.13
0.140.750.580.860.970.990.750.440.95-0.031.00.63-0.030.850.690.990.520.74-0.111.00.730.810.750.430.86
0.140.750.480.770.710.661.0-0.010.680.070.720.750.070.820.960.740.590.95-0.360.760.940.860.750.620.5
0.120.580.480.740.520.570.480.210.58-0.120.580.45-0.120.380.520.540.290.60.190.590.470.490.50.340.51
0.280.860.770.740.880.840.760.280.840.060.840.640.060.730.730.790.390.830.00.850.680.810.940.390.65
0.220.970.710.520.880.960.720.460.91-0.020.970.64-0.020.80.680.940.450.71-0.060.950.670.760.820.390.82
0.140.990.660.570.840.960.660.510.93-0.020.990.57-0.020.790.590.980.460.65-0.050.980.660.750.730.360.9
0.130.751.00.480.760.720.66-0.010.680.030.720.750.030.820.960.740.570.95-0.330.760.940.850.740.60.51
-0.570.44-0.010.210.280.460.51-0.010.51-0.090.48-0.32-0.090.03-0.130.42-0.05-0.020.30.420.20.040.14-0.070.69
0.00.950.680.580.840.910.930.680.510.020.940.490.020.770.60.930.510.72-0.130.950.660.80.70.420.78
0.1-0.030.07-0.120.06-0.02-0.020.03-0.090.02-0.07-0.041.00.07-0.07-0.030.5-0.06-0.59-0.02-0.070.30.150.53-0.19
0.131.00.720.580.840.970.990.720.480.94-0.070.61-0.070.820.660.990.490.71-0.070.990.710.780.730.40.88
0.640.630.750.450.640.640.570.75-0.320.49-0.040.61-0.040.70.860.630.50.73-0.170.640.560.680.650.510.35
0.1-0.030.07-0.120.06-0.02-0.020.03-0.090.021.0-0.07-0.040.07-0.07-0.030.5-0.06-0.59-0.02-0.070.30.150.53-0.19
0.340.850.820.380.730.80.790.820.030.770.070.820.70.070.760.860.660.81-0.430.860.730.920.720.520.52
0.260.690.960.520.730.680.590.96-0.130.6-0.070.660.86-0.070.760.680.540.93-0.250.70.870.790.710.580.43
0.120.990.740.540.790.940.980.740.420.93-0.030.990.63-0.030.860.680.570.72-0.170.990.730.810.680.460.85
0.150.520.590.290.390.450.460.57-0.050.510.50.490.50.50.660.540.570.51-0.770.550.490.740.320.940.22
0.180.740.950.60.830.710.650.95-0.020.72-0.060.710.73-0.060.810.930.720.51-0.210.760.870.880.780.520.46
-0.07-0.11-0.360.190.0-0.06-0.05-0.330.3-0.13-0.59-0.07-0.17-0.59-0.43-0.25-0.17-0.77-0.21-0.14-0.23-0.45-0.07-0.70.19
0.141.00.760.590.850.950.980.760.420.95-0.020.990.64-0.020.860.70.990.550.76-0.140.740.830.740.460.85
-0.140.730.940.470.680.670.660.940.20.66-0.070.710.56-0.070.730.870.730.490.87-0.230.740.750.610.50.62
0.270.810.860.490.810.760.750.850.040.80.30.780.680.30.920.790.810.740.88-0.450.830.750.790.670.46
0.440.750.750.50.940.820.730.740.140.70.150.730.650.150.720.710.680.320.78-0.070.740.610.790.330.5
0.110.430.620.340.390.390.360.6-0.070.420.530.40.510.530.520.580.460.940.52-0.70.460.50.670.330.17
-0.130.860.50.510.650.820.90.510.690.78-0.190.880.35-0.190.520.430.850.220.460.190.850.620.460.50.17
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Edison International Account Relationship Matchups

Edison International fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding341M374M380M383M385M297.7M
Total Assets64.4B69.4B74.7B78.0B81.8B49.1B
Short Long Term Debt Total19.6B24.1B29.5B33.1B35.3B37.1B
Other Current Liab2.4B4.7B2.6B2.9B2.7B2.6B
Total Current Liabilities5.5B10.3B8.6B10.3B8.6B6.4B
Total Stockholder Equity13.3B14.0B15.9B15.6B15.5B10.3B
Property Plant And Equipment Net45.0B48.9B52.6B54.9B57.3B28.7B
Net Debt19.5B24.1B29.1B32.2B35.0B36.7B
Retained Earnings8.4B8.2B7.9B7.5B7.5B6.5B
Accounts Payable1.8B2.0B2.0B2.4B2.0B1.4B
Cash68M87M390M914M345M327.8M
Non Current Assets Total60.8B64.3B69.3B71.0B74.9B44.3B
Non Currrent Assets Other11.2B10.5B11.7B11.4B12.9B7.0B
Cash And Short Term Investments68M87M390M914M345M327.8M
Net Receivables1.4B1.7B2.2B2.3B2.8B1.6B
Common Stock Total Equity5.0B6.0B6.1B6.2B7.1B7.5B
Liabilities And Stockholders Equity64.4B69.4B74.7B78.0B81.8B49.1B
Non Current Liabilities Total43.4B43.1B48.3B50.2B55.2B31.6B
Inventory364M405M420M474M527M397.1M
Other Current Assets1.4B2.9B2.5B3.3B3.2B3.3B
Other Stockholder Equity13.3B14.0B(54M)2.0B1.8B1.7B
Total Liab48.9B53.4B57.0B60.5B63.8B37.6B
Property Plant And Equipment Gross45.0B48.9B50.7B53.5B70.3B73.8B
Total Current Assets3.6B5.1B5.5B7.1B6.8B4.8B
Short Term Debt1.1B3.6B4.0B5.1B3.9B2.2B
Common Stock5.0B6.0B6.1B6.2B6.3B6.7B
Other Liab24.9B22.6B22.8B22.2B25.5B15.0B
Current Deferred Revenue299M302M243M167M177M347.6M
Other Assets15.9B15.3B16.7B11.6B13.3B9.0B
Long Term Debt17.9B19.6B24.2B27.0B30.3B15.2B
Property Plant Equipment44.3B47.8B50.7B1.7B1.9B1.8B
Short Term Investments171M81M53M(501M)(450.9M)(428.4M)
Net Tangible Assets13.3B14.0B13.9B13.6B15.7B12.8B
Retained Earnings Total Equity8.4B8.2B7.9B7.5B8.6B8.4B
Long Term Debt Total17.9B19.6B24.2B27.0B31.1B16.3B

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