EIX Stock | | | USD 87.09 0.97 1.13% |
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 Net Income and its Total Revenue 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.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Edison International Net Income account and
Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Edison International's Net Income and Total Revenue is 0.11. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue 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 Net Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Edison International are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., Edison International's Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Edison International financial statement analysis. It represents the amount of money remaining after all of Edison International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Revenue
Total revenue comprises all receipts Edison International 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.
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 Profit | 5.7B | 6.1B | 6.7B | 4.9B | Total Revenue | 14.9B | 17.2B | 16.3B | 11.9B |
Edison International fundamental ratios Correlations
Click cells to compare fundamentals
Edison International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edison International fundamental ratios Accounts
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Additional Tools for Edison Stock Analysis
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measure Edison International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to
predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.