Energy Roic vs Income Quality Analysis

ET Stock

USD 18.97 0.10 0.52%

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 Roic and its Income Quality 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 estimate.

Roic vs Income Quality

Roic vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Transfer LP Roic account and Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Energy Transfer's Roic and Income Quality is -0.58. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Income Quality 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 Roic and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Energy Transfer LP are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Roic i.e., Energy Transfer's Roic and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Income Quality

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

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 estimate.

At this time, Energy Transfer's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 56.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 549.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	13.2B	13.5B	13.7B	14.3B
Total Revenue	67.4B	89.9B	78.6B	82.5B

Gross Profit Total Revenue

Energy Transfer fundamental ratios Correlations

	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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab
Total Assets		0.99	0.94	0.91	0.34	0.99	0.43	0.99	0.73	0.11	1.0	-0.42	0.1	0.72	0.16	0.65	0.3	0.99	0.9	0.18	-0.13	0.99	0.8	0.76	0.17	0.79
Short Long Term Debt Total	0.99		0.94	0.85	0.27	0.98	0.34	1.0	0.65	0.12	0.99	-0.45	0.12	0.64	0.18	0.61	0.23	1.0	0.87	0.19	-0.23	0.99	0.77	0.71	0.18	0.82
Other Current Liab	0.94	0.94		0.87	0.18	0.9	0.2	0.93	0.63	0.3	0.94	-0.36	0.3	0.58	0.42	0.46	0.2	0.95	0.88	0.2	-0.23	0.95	0.65	0.67	0.25	0.7
Total Current Liabilities	0.91	0.85	0.87		0.43	0.88	0.49	0.84	0.83	0.14	0.9	-0.24	0.14	0.76	0.21	0.56	0.34	0.85	0.9	0.17	0.14	0.89	0.76	0.81	0.37	0.63
Total Stockholder Equity	0.34	0.27	0.18	0.43		0.36	0.89	0.27	0.67	-0.31	0.33	0.24	-0.31	0.78	-0.21	0.7	0.49	0.25	0.32	-0.08	0.54	0.28	0.72	0.68	0.32	0.42
Property Plant And Equipment Net	0.99	0.98	0.9	0.88	0.36		0.46	0.98	0.72	0.0	0.99	-0.49	0.0	0.72	0.04	0.7	0.31	0.97	0.85	0.15	-0.17	0.98	0.82	0.74	0.15	0.79
Current Deferred Revenue	0.43	0.34	0.2	0.49	0.89	0.46		0.36	0.8	-0.32	0.41	0.04	-0.32	0.89	-0.32	0.86	0.43	0.33	0.37	-0.14	0.46	0.36	0.84	0.76	0.11	0.49
Net Debt	0.99	1.0	0.93	0.84	0.27	0.98	0.36		0.66	0.09	0.99	-0.46	0.09	0.66	0.15	0.63	0.24	1.0	0.87	0.19	-0.24	0.99	0.78	0.71	0.14	0.82
Accounts Payable	0.73	0.65	0.63	0.83	0.67	0.72	0.8	0.66		-0.02	0.71	-0.1	-0.02	0.97	0.02	0.78	0.4	0.66	0.75	0.19	0.33	0.7	0.91	0.97	0.2	0.66
Cash	0.11	0.12	0.3	0.14	-0.31	0.0	-0.32	0.09	-0.02		0.11	0.16	1.0	-0.12	0.82	-0.34	-0.15	0.17	0.26	-0.06	-0.02	0.16	-0.14	-0.01	0.22	0.02
Non Current Assets Total	1.0	0.99	0.94	0.9	0.33	0.99	0.41	0.99	0.71	0.11		-0.43	0.11	0.7	0.17	0.65	0.28	0.99	0.89	0.15	-0.17	0.99	0.8	0.74	0.18	0.79
Non Currrent Assets Other	-0.42	-0.45	-0.36	-0.24	0.24	-0.49	0.04	-0.46	-0.1	0.16	-0.43		0.16	-0.07	0.37	-0.32	-0.41	-0.44	-0.22	0.04	0.56	-0.41	-0.2	-0.05	0.4	-0.2
Cash And Short Term Investments	0.1	0.12	0.3	0.14	-0.31	0.0	-0.32	0.09	-0.02	1.0	0.11	0.16		-0.12	0.82	-0.34	-0.15	0.16	0.26	-0.06	-0.02	0.16	-0.14	-0.01	0.22	0.02
Net Receivables	0.72	0.64	0.58	0.76	0.78	0.72	0.89	0.66	0.97	-0.12	0.7	-0.07	-0.12		-0.06	0.88	0.39	0.64	0.68	0.09	0.3	0.68	0.96	0.96	0.19	0.7
Good Will	0.16	0.18	0.42	0.21	-0.21	0.04	-0.32	0.15	0.02	0.82	0.17	0.37	0.82	-0.06		-0.36	-0.22	0.23	0.39	0.03	0.03	0.23	-0.11	0.08	0.28	0.15
Common Stock Shares Outstanding	0.65	0.61	0.46	0.56	0.7	0.7	0.86	0.63	0.78	-0.34	0.65	-0.32	-0.34	0.88	-0.36		0.37	0.59	0.48	-0.12	-0.04	0.6	0.91	0.75	-0.03	0.61
Short Term Investments	0.3	0.23	0.2	0.34	0.49	0.31	0.43	0.24	0.4	-0.15	0.28	-0.41	-0.15	0.39	-0.22	0.37		0.23	0.34	-0.02	0.3	0.25	0.34	0.36	-0.22	0.17
Non Current Liabilities Total	0.99	1.0	0.95	0.85	0.25	0.97	0.33	1.0	0.66	0.17	0.99	-0.44	0.16	0.64	0.23	0.59	0.23		0.89	0.18	-0.23	1.0	0.76	0.71	0.15	0.82
Inventory	0.9	0.87	0.88	0.9	0.32	0.85	0.37	0.87	0.75	0.26	0.89	-0.22	0.26	0.68	0.39	0.48	0.34	0.89		0.22	0.04	0.91	0.69	0.78	0.17	0.73
Other Current Assets	0.18	0.19	0.2	0.17	-0.08	0.15	-0.14	0.19	0.19	-0.06	0.15	0.04	-0.06	0.09	0.03	-0.12	-0.02	0.18	0.22		0.11	0.18	0.07	0.33	-0.07	0.17
Other Stockholder Equity	-0.13	-0.23	-0.23	0.14	0.54	-0.17	0.46	-0.24	0.33	-0.02	-0.17	0.56	-0.02	0.3	0.03	-0.04	0.3	-0.23	0.04	0.11		-0.18	0.15	0.29	0.33	0.03
Total Liab	0.99	0.99	0.95	0.89	0.28	0.98	0.36	0.99	0.7	0.16	0.99	-0.41	0.16	0.68	0.23	0.6	0.25	1.0	0.91	0.18	-0.18		0.77	0.74	0.18	0.81
Property Plant And Equipment Gross	0.8	0.77	0.65	0.76	0.72	0.82	0.84	0.78	0.91	-0.14	0.8	-0.2	-0.14	0.96	-0.11	0.91	0.34	0.76	0.69	0.07	0.15	0.77		0.92	0.2	0.82
Total Current Assets	0.76	0.71	0.67	0.81	0.68	0.74	0.76	0.71	0.97	-0.01	0.74	-0.05	-0.01	0.96	0.08	0.75	0.36	0.71	0.78	0.33	0.29	0.74	0.92		0.2	0.74
Short Term Debt	0.17	0.18	0.25	0.37	0.32	0.15	0.11	0.14	0.2	0.22	0.18	0.4	0.22	0.19	0.28	-0.03	-0.22	0.15	0.17	-0.07	0.33	0.18	0.2	0.2		0.17
Other Liab	0.79	0.82	0.7	0.63	0.42	0.79	0.49	0.82	0.66	0.02	0.79	-0.2	0.02	0.7	0.15	0.61	0.17	0.82	0.73	0.17	0.03	0.81	0.82	0.74	0.17

Click cells to compare fundamentals

Energy Transfer Account Relationship Matchups

Energy Transfer fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	98.9B	95.1B	106.0B	105.6B	113.7B	60.0B
Short Long Term Debt Total	51.9B	52.3B	49.8B	49.1B	53.2B	30.3B
Other Current Liab	3.4B	2.6B	2.9B	2.8B	2.8B	1.8B
Total Current Liabilities	7.7B	5.9B	10.8B	10.4B	11.3B	5.7B
Total Stockholder Equity	(11M)	6M	23M	40.7B	43.9B	46.1B
Property Plant And Equipment Net	75.2B	76.0B	82.4B	81.1B	86.2B	43.5B
Current Deferred Revenue	123M	161M	346M	490M	552M	579.6M
Net Debt	51.6B	51.9B	49.5B	48.8B	53.1B	29.7B
Accounts Payable	4.1B	2.8B	6.8B	7.0B	6.7B	7.0B
Cash	419M	291M	367M	257M	161M	311.2M
Non Current Assets Total	91.0B	88.8B	95.4B	93.6B	101.3B	54.1B
Non Currrent Assets Other	(2.1B)	(1.8B)	(2.0B)	(2.1B)	1.7B	1.8B
Cash And Short Term Investments	419M	291M	367M	257M	161M	312.7M
Net Receivables	5.3B	4.0B	7.7B	8.6B	9.2B	9.7B
Good Will	5.2B	2.4B	2.5B	2.6B	4.0B	3.7B
Common Stock Shares Outstanding	2.6B	2.7B	2.7B	3.1B	3.2B	3.3B
Short Term Investments	23M	9M	10M	2.9B	66M	62.7M
Liabilities And Stockholders Equity	77.1B	76.6B	74.7B	72.6B	69.0B	50.6B
Non Current Liabilities Total	56.6B	57.1B	55B	54.1B	57.7B	33.4B
Inventory	1.9B	1.7B	2.0B	2.5B	2.5B	1.4B
Other Current Assets	298M	222M	447M	736M	579M	694.5M
Other Stockholder Equity	(21.9B)	(18.5B)	(23M)	7.6B	7.3B	7.6B
Total Liab	64.3B	63.0B	65.8B	64.5B	69.0B	39.1B
Property Plant And Equipment Gross	75.2B	76.5B	104.0B	106.0B	115.8B	121.5B
Total Current Assets	7.9B	6.3B	10.5B	12.1B	12.4B	13.1B
Accumulated Other Comprehensive Income	(11M)	6M	23M	16M	28M	29.4M
Short Term Debt	86M	76M	729M	48M	1.1B	1.2B
Other Liab	4.6B	4.8B	5.2B	5.1B	5.8B	6.1B
Other Assets	1.1B	4.7B	10.1B	10.7B	12.4B	13.0B
Long Term Debt	51.0B	51.4B	49.0B	48.3B	51.4B	31.1B
Intangible Assets	6.2B	5.7B	5.9B	5.4B	6.2B	3.9B
Common Stock	21.9B	18.5B	25.2B	27.0B	30.2B	31.7B
Property Plant Equipment	74.2B	75.1B	82.4B	80.3B	92.4B	97.0B
Net Tangible Assets	23.5B	20.1B	16.9B	26.3B	30.3B	31.8B
Noncontrolling Interest In Consolidated Entity	12.0B	12.9B	8.0B	7.6B	6.9B	12.0B
Long Term Debt Total	51.0B	51.4B	49.0B	48.3B	55.5B	38.9B
Deferred Long Term Liab	3.5B	3.7B	3.8B	3.7B	4.3B	3.7B
Long Term Investments	3.5B	3.1B	2.9B	2.9B	3.1B	3.4B
Non Current Liabilities Other	1.2B	1.2B	1.3B	1.3B	1.6B	1.2B

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