Eversource Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

ES Stock

USD 63.98 0.60 0.95%

Eversource Energy financial indicator trend analysis is much more than just examining Eversource Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eversource Energy is a good investment. Please check the relationship between Eversource Energy Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource 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 state.

For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eversource Energy Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Eversource Energy's Ev To Free Cash Flow and Free Cash Flow Yield is 0.13. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Eversource Energy, assuming nothing else is changed. The correlation between historical values of Eversource Energy's Ev To Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Eversource Energy are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Free Cash Flow i.e., Eversource Energy's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Eversource Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eversource 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 Eversource 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 state.

For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.At this time, Eversource Energy's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 36.40 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	4.8B	5.4B	3.3B	3.2B
Total Revenue	9.9B	12.3B	11.9B	6.3B

Gross Profit Total Revenue

Eversource Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.58	0.41	0.61	0.53	0.93	0.54	0.15	0.41	0.78	0.48	0.29	0.59	-0.22	0.18	0.88	0.97	0.43	0.51	0.32	-0.24	0.51	0.44	0.81	0.55	0.97
Total Assets	0.58		0.97	0.95	0.97	0.74	1.0	0.77	0.97	0.74	0.96	0.48	1.0	-0.41	0.37	0.76	0.64	0.98	0.45	0.9	0.16	0.99	0.97	0.79	0.92	0.65
Short Long Term Debt Total	0.41	0.97		0.91	0.96	0.6	0.99	0.87	1.0	0.64	0.97	0.47	0.97	-0.43	0.36	0.66	0.5	0.99	0.46	0.94	0.29	0.99	0.99	0.72	0.9	0.51
Other Current Liab	0.61	0.95	0.91		0.96	0.73	0.93	0.76	0.91	0.7	0.94	0.58	0.94	-0.39	0.52	0.8	0.67	0.91	0.52	0.85	0.25	0.94	0.92	0.81	0.89	0.68
Total Current Liabilities	0.53	0.97	0.96	0.96		0.7	0.96	0.85	0.95	0.7	0.98	0.59	0.96	-0.44	0.52	0.75	0.6	0.94	0.5	0.93	0.27	0.97	0.97	0.8	0.97	0.61
Total Stockholder Equity	0.93	0.74	0.6	0.73	0.7		0.7	0.36	0.6	0.93	0.67	0.48	0.74	-0.19	0.35	0.92	0.92	0.59	0.48	0.5	-0.13	0.68	0.62	0.9	0.69	0.92
Property Plant And Equipment Net	0.54	1.0	0.99	0.93	0.96	0.7		0.8	0.99	0.72	0.97	0.46	1.0	-0.43	0.35	0.73	0.6	0.99	0.45	0.91	0.19	1.0	0.98	0.77	0.91	0.61
Current Deferred Revenue	0.15	0.77	0.87	0.76	0.85	0.36	0.8		0.87	0.42	0.87	0.46	0.77	-0.4	0.4	0.48	0.24	0.81	0.49	0.91	0.66	0.81	0.9	0.59	0.8	0.25
Net Debt	0.41	0.97	1.0	0.91	0.95	0.6	0.99	0.87		0.63	0.97	0.46	0.97	-0.43	0.35	0.65	0.49	0.99	0.46	0.94	0.29	0.99	0.99	0.72	0.9	0.51
Retained Earnings	0.78	0.74	0.64	0.7	0.7	0.93	0.72	0.42	0.63		0.73	0.58	0.74	-0.17	0.44	0.83	0.73	0.61	0.32	0.5	-0.11	0.7	0.66	0.83	0.64	0.73
Accounts Payable	0.48	0.96	0.97	0.94	0.98	0.67	0.97	0.87	0.97	0.73		0.62	0.96	-0.42	0.53	0.74	0.53	0.95	0.47	0.93	0.31	0.97	0.98	0.79	0.91	0.54
Cash	0.29	0.48	0.47	0.58	0.59	0.48	0.46	0.46	0.46	0.58	0.62		0.48	-0.31	0.95	0.53	0.25	0.42	0.26	0.49	0.22	0.47	0.49	0.57	0.52	0.25
Non Current Assets Total	0.59	1.0	0.97	0.94	0.96	0.74	1.0	0.77	0.97	0.74	0.96	0.48		-0.4	0.36	0.76	0.64	0.98	0.44	0.89	0.15	0.99	0.97	0.78	0.92	0.65
Non Currrent Assets Other	-0.22	-0.41	-0.43	-0.39	-0.44	-0.19	-0.43	-0.4	-0.43	-0.17	-0.42	-0.31	-0.4		-0.25	-0.32	-0.27	-0.43	-0.53	-0.52	-0.13	-0.42	-0.44	-0.38	-0.46	-0.27
Cash And Short Term Investments	0.18	0.37	0.36	0.52	0.52	0.35	0.35	0.4	0.35	0.44	0.53	0.95	0.36	-0.25		0.42	0.17	0.31	0.2	0.42	0.2	0.37	0.39	0.47	0.45	0.17
Net Receivables	0.88	0.76	0.66	0.8	0.75	0.92	0.73	0.48	0.65	0.83	0.74	0.53	0.76	-0.32	0.42		0.89	0.64	0.69	0.63	0.06	0.72	0.68	0.97	0.71	0.89
Common Stock Total Equity	0.97	0.64	0.5	0.67	0.6	0.92	0.6	0.24	0.49	0.73	0.53	0.25	0.64	-0.27	0.17	0.89		0.5	0.6	0.42	-0.17	0.58	0.51	0.85	0.62	1.0
Non Current Liabilities Total	0.43	0.98	0.99	0.91	0.94	0.59	0.99	0.81	0.99	0.61	0.95	0.42	0.98	-0.43	0.31	0.64	0.5		0.39	0.92	0.22	0.99	0.97	0.67	0.89	0.51
Inventory	0.51	0.45	0.46	0.52	0.5	0.48	0.45	0.49	0.46	0.32	0.47	0.26	0.44	-0.53	0.2	0.69	0.6	0.39		0.59	0.33	0.45	0.49	0.75	0.48	0.6
Other Current Assets	0.32	0.9	0.94	0.85	0.93	0.5	0.91	0.91	0.94	0.5	0.93	0.49	0.89	-0.52	0.42	0.63	0.42	0.92	0.59		0.39	0.92	0.95	0.72	0.9	0.43
Other Stockholder Equity	-0.24	0.16	0.29	0.25	0.27	-0.13	0.19	0.66	0.29	-0.11	0.31	0.22	0.15	-0.13	0.2	0.06	-0.17	0.22	0.33	0.39		0.2	0.35	0.14	0.19	-0.17
Total Liab	0.51	0.99	0.99	0.94	0.97	0.68	1.0	0.81	0.99	0.7	0.97	0.47	0.99	-0.42	0.37	0.72	0.58	0.99	0.45	0.92	0.2		0.98	0.76	0.91	0.59
Property Plant And Equipment Gross	0.44	0.97	0.99	0.92	0.97	0.62	0.98	0.9	0.99	0.66	0.98	0.49	0.97	-0.44	0.39	0.68	0.51	0.97	0.49	0.95	0.35	0.98		0.75	0.92	0.52
Total Current Assets	0.81	0.79	0.72	0.81	0.8	0.9	0.77	0.59	0.72	0.83	0.79	0.57	0.78	-0.38	0.47	0.97	0.85	0.67	0.75	0.72	0.14	0.76	0.75		0.77	0.85
Short Term Debt	0.55	0.92	0.9	0.89	0.97	0.69	0.91	0.8	0.9	0.64	0.91	0.52	0.92	-0.46	0.45	0.71	0.62	0.89	0.48	0.9	0.19	0.91	0.92	0.77		0.63
Common Stock	0.97	0.65	0.51	0.68	0.61	0.92	0.61	0.25	0.51	0.73	0.54	0.25	0.65	-0.27	0.17	0.89	1.0	0.51	0.6	0.43	-0.17	0.59	0.52	0.85	0.63

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Eversource Energy Account Relationship Matchups

Eversource Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	322.9M	339.8M	344.6M	347.2M	349.6M	208.8M
Total Assets	41.1B	46.1B	48.5B	53.2B	55.6B	58.4B
Short Long Term Debt Total	15.6B	18.0B	20.2B	22.9B	26.9B	28.2B
Other Current Liab	1.2B	1.2B	1.4B	1.9B	1.6B	1.7B
Total Current Liabilities	3.6B	4.9B	5.8B	6.8B	6.3B	6.7B
Total Stockholder Equity	12.6B	14.1B	14.6B	15.5B	14.2B	7.1B
Property Plant And Equipment Net	27.6B	30.9B	33.4B	36.1B	39.6B	41.5B
Net Debt	15.6B	17.9B	20.2B	22.6B	26.8B	28.2B
Retained Earnings	4.2B	4.6B	5.0B	5.5B	4.1B	2.2B
Accounts Payable	1.1B	1.4B	1.7B	2.1B	1.9B	2.0B
Cash	15.4M	106.6M	66.8M	374.6M	53.9M	77.2M
Non Current Assets Total	38.7B	43.0B	45.2B	49.0B	51.4B	53.9B
Non Currrent Assets Other	512.2M	583.9M	883.8M	(5.1T)	(5.3T)	(5.0T)
Cash And Short Term Investments	15.4M	106.6M	66.8M	374.6M	53.9M	88.4M
Net Receivables	1.2B	1.4B	1.4B	1.8B	1.7B	990.3M
Liabilities And Stockholders Equity	41.1B	46.1B	48.5B	53.2B	55.6B	58.4B
Non Current Liabilities Total	24.7B	27.0B	27.9B	30.8B	34.9B	41.7B
Inventory	235.5M	265.6M	267.5M	374.4M	507.3M	267.0M
Other Current Assets	651.1M	1.3B	1.5B	2.1B	2.4B	2.5B
Other Stockholder Equity	(148.8B)	(303.4B)	7.8B	8.2B	8.3B	8.7B
Total Liab	28.3B	31.9B	33.7B	37.6B	41.3B	43.3B
Property Plant And Equipment Gross	27.6B	30.9B	42.8B	46.0B	50.0B	52.5B
Total Current Assets	2.4B	3.1B	3.3B	4.2B	4.2B	2.1B
Accumulated Other Comprehensive Income	(65.1M)	(76.4M)	(42.3M)	(39.4M)	(33.7M)	(35.4M)
Short Term Debt	1.3B	2.4B	2.8B	2.8B	2.8B	3.0B
Other Liab	10.4B	11.2B	10.3B	10.6B	12.2B	12.8B
Other Assets	(30K)	23K	(50K)	20K	1.0	0.95
Long Term Debt	13.8B	15.1B	17.0B	19.7B	24.0B	25.2B
Property Plant Equipment	27.6B	30.9B	33.4B	36.1B	41.5B	43.6B
Treasury Stock	(299.1M)	(278.0M)	(250.9M)	(216.2M)	(248.7M)	(261.1M)
Retained Earnings Total Equity	4.2B	4.6B	5.0B	5.5B	6.4B	6.7B
Deferred Long Term Liab	4.9B	5.5B	4.6B	4.2B	4.9B	3.4B
Net Tangible Assets	8.9B	14.7B	15.2B	16.0B	18.4B	16.1B

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