Energy Income Quality vs Book Value Per Share Analysis

ET-PI Stock   11.96  0.07  0.59%   
Energy Transfer financial indicator trend analysis is much more than just examining Energy Transfer LP latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Transfer LP is a good investment. Please check the relationship between Energy Transfer Income Quality and its Book Value Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Transfer LP. 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.

Income Quality vs Book Value Per Share

Income Quality vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Transfer LP Income Quality account and Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Energy Transfer's Income Quality and Book Value Per Share is 0.16. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Energy Transfer LP, assuming nothing else is changed. The correlation between historical values of Energy Transfer's Income Quality and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Energy Transfer LP are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Income Quality i.e., Energy Transfer's Income Quality and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Energy Transfer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Transfer LP 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 Energy Transfer LP. 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.
The Energy Transfer's current Enterprise Value is estimated to increase to about 56.9 B, while Tax Provision is projected to decrease to under 247.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit13.2B13.5B13.7B13.5B
Total Revenue67.4B89.9B78.6B72.4B

Energy Transfer fundamental ratios Correlations

0.870.910.930.870.970.520.86-0.770.980.08-0.81-0.680.91-0.520.92-0.63-0.790.870.780.690.93-0.920.99-0.770.88
0.870.830.880.860.950.330.84-0.410.83-0.39-0.53-0.710.84-0.870.84-0.65-0.910.930.910.380.74-0.760.88-0.950.7
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0.870.860.930.920.870.130.92-0.660.78-0.27-0.49-0.370.97-0.630.87-0.29-0.630.960.930.560.64-0.880.93-0.690.85
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-0.81-0.53-0.54-0.67-0.49-0.74-0.82-0.460.83-0.87-0.540.72-0.570.18-0.790.710.66-0.55-0.41-0.65-0.920.8-0.760.56-0.73
-0.68-0.71-0.49-0.48-0.37-0.72-0.61-0.490.32-0.73-0.030.72-0.470.55-0.641.00.9-0.53-0.5-0.43-0.790.56-0.610.83-0.35
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-0.52-0.87-0.5-0.64-0.63-0.7-0.15-0.56-0.02-0.490.710.180.55-0.53-0.590.510.82-0.76-0.790.07-0.40.45-0.550.9-0.4
0.920.840.790.890.870.910.470.78-0.790.87-0.02-0.79-0.640.87-0.59-0.58-0.790.940.870.610.8-0.980.93-0.790.84
-0.63-0.65-0.42-0.42-0.29-0.67-0.63-0.420.28-0.68-0.070.711.0-0.390.51-0.580.87-0.46-0.43-0.4-0.760.5-0.540.79-0.29
-0.79-0.91-0.62-0.74-0.63-0.89-0.56-0.630.35-0.810.230.660.9-0.640.82-0.790.87-0.78-0.75-0.31-0.80.69-0.760.99-0.57
0.870.930.850.910.960.910.240.87-0.610.79-0.33-0.55-0.530.92-0.760.94-0.46-0.780.980.480.67-0.90.91-0.830.8
0.780.910.840.820.930.830.050.89-0.480.68-0.48-0.41-0.50.9-0.790.87-0.43-0.750.980.460.54-0.820.84-0.810.66
0.690.380.750.440.560.520.140.72-0.80.630.36-0.65-0.430.740.070.61-0.4-0.310.480.460.59-0.710.68-0.240.48
0.930.740.710.820.640.90.780.63-0.720.980.32-0.92-0.790.69-0.40.8-0.76-0.80.670.540.59-0.790.87-0.730.8
-0.92-0.76-0.82-0.87-0.88-0.87-0.43-0.80.88-0.87-0.090.80.56-0.890.45-0.980.50.69-0.9-0.82-0.71-0.79-0.930.68-0.86
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-0.77-0.95-0.65-0.76-0.69-0.89-0.46-0.670.29-0.770.370.560.83-0.660.9-0.790.790.99-0.83-0.81-0.24-0.730.68-0.76-0.57
0.880.70.760.960.850.850.540.68-0.810.880.17-0.73-0.350.8-0.40.84-0.29-0.570.80.660.480.8-0.860.91-0.57
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Energy Transfer Account Relationship Matchups

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When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Transfer LP. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer'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.