Enterprise Good Will vs Long Term Debt Analysis
EPD Stock | USD 32.82 0.47 1.45% |
Enterprise Products financial indicator trend analysis is much more than just examining Enterprise Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Products is a good investment. Please check the relationship between Enterprise Products Good Will and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Good Will vs Long Term Debt
Good Will vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Products Good Will account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Enterprise Products' Good Will and Long Term Debt is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Enterprise Products Partners, assuming nothing else is changed. The correlation between historical values of Enterprise Products' Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Enterprise Products Partners are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Enterprise Products' Good Will and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Debt
Long-term debt is a debt that Enterprise Products has held for over one year. Long-term debt appears on Enterprise Products Partners balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Enterprise Products Partners balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Enterprise Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Products 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 Enterprise Products Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, Enterprise Products' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.65, whereas Selling General Administrative is forecasted to decline to about 148.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.7B | 6.7B | 6.7B | 7.0B | Total Revenue | 40.8B | 58.2B | 49.7B | 27.8B |
Enterprise Products fundamental ratios Correlations
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Enterprise Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enterprise Products fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.7B | 64.1B | 67.5B | 68.1B | 71.0B | 35.9B | |
Short Long Term Debt Total | 27.6B | 29.9B | 29.9B | 28.6B | 29.1B | 15.8B | |
Other Current Liab | 633.6M | 7.0B | 9.6B | 9.8B | 10.6B | 11.2B | |
Total Current Liabilities | 9.1B | 9.0B | 11.6B | 12.3B | 13.1B | 13.8B | |
Total Stockholder Equity | 71.4M | (165.2M) | 285.9M | 26.6B | 27.7B | 29.1B | |
Property Plant And Equipment Net | 41.6B | 41.9B | 42.1B | 44.4B | 45.8B | 23.6B | |
Net Debt | 27.3B | 28.8B | 27.1B | 28.6B | 28.9B | 15.5B | |
Accounts Payable | 1.2B | 704.6M | 632M | 743M | 1.2B | 634.1M | |
Cash | 334.7M | 1.1B | 2.8B | 76M | 180M | 240.1M | |
Non Current Assets Total | 53.9B | 54.2B | 54.3B | 57.5B | 58.7B | 30.6B | |
Non Currrent Assets Other | 472.5M | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | |
Cash And Short Term Investments | 334.7M | 1.1B | 2.8B | 76M | 180M | 244.9M | |
Net Receivables | 4.9B | 4.8B | 7.0B | 7.0B | 7.8B | 8.2B | |
Common Stock Shares Outstanding | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B | 1.5B | |
Liabilities And Stockholders Equity | 37.0B | 39.8B | 42.2B | 68.1B | 42.2B | 29.3B | |
Non Current Liabilities Total | 26.8B | 29.7B | 29.5B | 28.1B | 29.1B | 15.3B | |
Inventory | 2.1B | 3.3B | 2.7B | 2.6B | 3.4B | 3.5B | |
Other Current Assets | 560.7M | 737.8M | 781.4M | 1.0B | 933M | 979.7M | |
Other Stockholder Equity | (24.7B) | (1.3B) | 25.0B | (1.3B) | (1.5B) | (1.4B) | |
Total Liab | 35.9B | 38.7B | 41.1B | 40.4B | 42.2B | 21.3B | |
Property Plant And Equipment Gross | 41.6B | 41.9B | 42.1B | 63.2B | 66.3B | 69.6B | |
Total Current Assets | 7.9B | 9.9B | 13.3B | 10.6B | 12.2B | 12.9B | |
Accumulated Other Comprehensive Income | 71.4M | (165.2M) | 285.9M | 365M | 307M | 322.4M | |
Short Term Debt | 2.0B | 1.3B | 1.4B | 1.7B | 1.3B | 1.3B | |
Intangible Assets | 3.4B | 3.3B | 3.2B | 4.0B | 3.8B | 2.3B | |
Common Stock | 24.7B | 25.8B | 26.3B | 27.6B | 28.7B | 30.1B | |
Other Liab | 954.4M | 819.5M | 939.2M | 1.2B | 1.4B | 1.4B | |
Other Assets | 262.3M | 3.5B | 795M | 819M | 41.3B | 43.3B | |
Long Term Debt | 25.6B | 28.5B | 28.1B | 26.6B | 27.4B | 16.0B | |
Property Plant Equipment | 41.6B | 41.9B | 42.4B | 44.8B | 51.5B | 54.1B | |
Short Term Investments | 127.2M | 228.6M | 236.5M | 469M | 347M | 364.4M | |
Current Deferred Revenue | 5.3B | 5.9B | 8.5B | 181M | 9.6B | 10.0B | |
Net Tangible Assets | 22.4B | 22.1B | 16.3B | 17.1B | 19.6B | 17.1B | |
Long Term Debt Total | 25.6B | 28.5B | 28.1B | 26.6B | 30.5B | 22.5B | |
Deferred Long Term Liab | 80.4M | 100.4M | 464.7M | 518M | 595.7M | 625.5M | |
Long Term Investments | 2.6B | 2.4B | 2.4B | 2.4B | 2.3B | 2.7B | |
Non Current Liabilities Other | 1.0B | 686.6M | 11.2M | 8M | 9.2M | 8.7M | |
Short Long Term Debt | 2.0B | 1.3B | 1.4B | 1.7B | 1.3B | 1.5B |
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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 Enterprise Products is a strong investment it is important to analyze Enterprise Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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 0.076 | Dividend Share 2.08 | Earnings Share 2.66 | Revenue Per Share 26.104 | Quarterly Revenue Growth 0.148 |
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' 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 Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' 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 Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' 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.