Energy Operating Cash Flow Per Share vs Roe 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 Operating Cash Flow Per Share and its Roe 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.
Operating Cash Flow Per Share vs Roe
Operating Cash Flow Per Share vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Transfer LP Operating Cash Flow Per Share account and Roe. At this time, the significance of the direction appears to have no relationship.
The correlation between Energy Transfer's Operating Cash Flow Per Share and Roe is 0.07. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Roe 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 Operating Cash Flow Per Share and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Energy Transfer LP are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Operating Cash Flow Per Share i.e., Energy Transfer's Operating Cash Flow Per Share and Roe go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Roe
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.