Enel Accounts Payable vs Other Current Assets Analysis
ENIC Stock | USD 2.70 0.10 3.57% |
Enel Chile financial indicator trend analysis is much more than just examining Enel Chile SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enel Chile SA is a good investment. Please check the relationship between Enel Chile Accounts Payable and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enel Chile SA. 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.
Accounts Payable vs Other Current Assets
Accounts Payable vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enel Chile SA Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Enel Chile's Accounts Payable and Other Current Assets is 0.32. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Enel Chile SA, assuming nothing else is changed. The correlation between historical values of Enel Chile's Accounts Payable 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 Accounts Payable of Enel Chile SA 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 Accounts Payable i.e., Enel Chile's Accounts Payable and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Enel Chile obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Enel Chile SA are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Enel Chile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enel Chile SA 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 Enel Chile SA. 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. At present, Enel Chile's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 206.08, whereas Selling General Administrative is forecasted to decline to about 131.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 174.0B | 193.6B | 86.7B | 103.7B | Depreciation And Amortization | 214.0B | 249.6B | 253.4B | 211.8B |
Enel Chile fundamental ratios Correlations
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Enel Chile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enel Chile fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9T | 7.9T | 9.5T | 11.9T | 12.1T | 8.0T | |
Short Long Term Debt Total | 1.9T | 1.7T | 2.1T | 2.4T | 4.0T | 4.2T | |
Other Current Liab | 95.8B | 442.1B | 697.0B | 1.2T | 660.8B | 693.8B | |
Total Current Liabilities | 1.0T | 1.0T | 2.1T | 3.2T | 2.8T | 1.5T | |
Total Stockholder Equity | 3.5T | 3.4T | 3.1T | 4.1T | 4.4T | 3.4T | |
Property Plant And Equipment Net | 5.4T | 5.1T | 6.3T | 6.8T | 7.1T | 5.1T | |
Current Deferred Revenue | 263.6B | 547.5B | 3.7B | 6.7B | 22.8B | 21.6B | |
Net Debt | 1.6T | 1.3T | 1.8T | 1.6T | 3.4T | 3.6T | |
Retained Earnings | 2.0T | 1.7T | 1.6T | 2.5T | 2.5T | 1.8T | |
Accounts Payable | 517.5B | 326.4B | 517.3B | 1.1T | 1.3T | 1.4T | |
Cash | 235.7B | 332.0B | 310.0B | 875.2B | 563.3B | 349.5B | |
Non Current Assets Total | 6.8T | 6.9T | 8.2T | 8.8T | 9.7T | 6.7T | |
Non Currrent Assets Other | 397.7B | 584.9B | 656.3B | 834.3B | 433.4B | 312.1B | |
Cash And Short Term Investments | 236.7B | 333.0B | 310.2B | 875.5B | 631.0B | 357.8B | |
Net Receivables | 706.9B | 656.5B | 656.6B | 1.4T | 1.5T | 822.4B | |
Good Will | 917.4B | 915.7B | 921.1B | 883.6B | 884.5B | 982.7B | |
Short Term Investments | 988.3M | 936.5M | 246.4M | 284.6M | 67.7B | 71.1B | |
Liabilities And Stockholders Equity | 7.9T | 7.9T | 9.5T | 11.9T | 12.1T | 8.0T | |
Non Current Liabilities Total | 3.1T | 3.3T | 4.0T | 4.3T | 4.5T | 2.6T | |
Inventory | 39.7B | 23.3B | 31.2B | 77.9B | 98.1B | 50.3B | |
Other Current Assets | 34.6B | 149.3B | 254.5B | 656.6B | 139.5B | 197.1B | |
Total Liab | 4.1T | 4.3T | 6.2T | 7.5T | 7.3T | 4.1T | |
Property Plant And Equipment Gross | 5.4T | 9.8T | 11.3T | 11.8T | 12.1T | 6.9T | |
Total Current Assets | 1.0T | 1.0T | 1.3T | 3.1T | 2.4T | 1.4T | |
Accumulated Other Comprehensive Income | (2.4T) | (2.3T) | (2.4T) | (2.3T) | (1.5T) | (1.6T) | |
Short Term Debt | 164.4B | 164.5B | 892.1B | 503.5B | 785.7B | 825.0B | |
Intangible Assets | 132.3B | 165.1B | 191.2B | 191.4B | 194.8B | 114.1B | |
Other Liab | 564.9B | 575.4B | 704.1B | 806.0B | 926.9B | 973.2B | |
Net Tangible Assets | 2.4T | 2.3T | 2.0T | 3.0T | 3.5T | 2.1T | |
Other Assets | 419.5B | 692.9B | 836.0B | 900.2B | (259.4B) | (246.5B) | |
Long Term Debt | 1.7T | 1.5T | 1.9T | 2.1T | 1.9T | 1.3T | |
Common Stock Shares Outstanding | 1.3B | 69.2B | 1.4B | 1.4B | 69.2M | 65.7M | |
Other Stockholder Equity | 14K | 210K | (353K) | 105K | (431.6B) | (410.0B) | |
Long Term Investments | 10.3B | 15.3B | 12.3B | 20.1B | 27.7B | 29.1B | |
Short Long Term Debt | 158.6B | 152.1B | 75.2B | 56.0B | 542.2B | 569.3B | |
Property Plant Equipment | 5.4T | 5.1T | 6.3T | 6.8T | 7.8T | 4.3T | |
Capital Lease Obligations | 53.4B | 51.9B | 159.7B | 235.7B | 268.1B | 281.5B |
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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.When determining whether Enel Chile SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enel Chile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enel Chile Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enel Chile Sa Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enel Chile SA. 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. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Electric Utilities 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 Enel Chile. If investors know Enel 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 Enel Chile 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 0.033 | Dividend Share 3.981 | Earnings Share 0.58 | Revenue Per Share 3.4 K | Quarterly Revenue Growth 0.234 |
The market value of Enel Chile SA is measured differently than its book value, which is the value of Enel that is recorded on the company's balance sheet. Investors also form their own opinion of Enel Chile's value that differs from its market value or its book value, called intrinsic value, which is Enel Chile'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 Enel Chile's market value can be influenced by many factors that don't directly affect Enel Chile'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 Enel Chile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enel Chile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enel Chile'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.