Energy Long Term Debt vs Long Term Investments Analysis
ET-PI Stock | 11.89 0.06 0.50% |
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 Long Term Debt and its Long Term Investments 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.
Long Term Debt vs Long Term Investments
Long Term Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Transfer LP Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Energy Transfer's Long Term Debt and Long Term Investments is 0.83. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments 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 Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Energy Transfer LP are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Energy Transfer's Long Term Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that Energy Transfer LP has held for over one year. Long-term debt appears on Energy Transfer LP 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 Energy Transfer LP 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.Long Term Investments
Long Term Investments is an item on the asset side of Energy Transfer balance sheet that represents investments Energy Transfer LP intends to hold for over a year. Energy Transfer LP long term investments may include different instruments such as stocks, bonds, real estate and cash.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 Profit | 13.2B | 13.5B | 13.7B | 13.5B | Total Revenue | 67.4B | 89.9B | 78.6B | 72.4B |
Energy Transfer fundamental ratios Correlations
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Energy Transfer Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Transaction History module to view history of all your transactions and understand their impact on performance.