Evergy, Net Income From Continuing Ops vs Income Tax Expense Analysis
EVRG Stock | USD 64.26 0.30 0.46% |
Evergy, financial indicator trend analysis is much more than just examining Evergy, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evergy, is a good investment. Please check the relationship between Evergy, Net Income From Continuing Ops and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evergy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Evergy, Stock please use our How to Invest in Evergy, guide.
Net Income From Continuing Ops vs Income Tax Expense
Net Income From Continuing Ops vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evergy, Net Income From Continuing Ops account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Evergy,'s Net Income From Continuing Ops and Income Tax Expense is -0.21. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Evergy,, assuming nothing else is changed. The correlation between historical values of Evergy,'s Net Income From Continuing Ops and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Evergy, are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income From Continuing Ops i.e., Evergy,'s Net Income From Continuing Ops and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Income Tax Expense
Most indicators from Evergy,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evergy, 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 Evergy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Evergy, Stock please use our How to Invest in Evergy, guide.The current Selling General Administrative is estimated to decrease to about 276 M. The current Tax Provision is estimated to decrease to about 14.8 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 2.6B | 1.7B | 1.6B | Total Revenue | 5.6B | 5.9B | 5.5B | 5.8B |
Evergy, fundamental ratios Correlations
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Evergy, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Evergy, fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 239.9M | 227.5M | 229.6M | 230.3M | 230.5M | 242.0M | |
Total Assets | 26.0B | 27.1B | 28.5B | 29.5B | 32.2B | 33.9B | |
Short Long Term Debt Total | 10.0B | 10.3B | 11.2B | 12.0B | 13.3B | 13.9B | |
Other Current Liab | 284.1M | 407.3M | 422.7M | 577.8M | 619.9M | 650.9M | |
Total Current Liabilities | 2.3B | 2.4B | 3.1B | 3.5B | 3.5B | 3.7B | |
Total Stockholder Equity | 8.6B | 8.7B | 9.2B | 9.5B | 9.7B | 10.1B | |
Property Plant And Equipment Net | 19.3B | 20.1B | 21.2B | 22.3B | 23.8B | 25.0B | |
Net Debt | 9.9B | 10.2B | 11.1B | 12.0B | 13.2B | 13.9B | |
Retained Earnings | 1.6B | 1.7B | 2.1B | 2.3B | 2.5B | 2.6B | |
Accounts Payable | 528.8M | 654M | 639.7M | 600.8M | 616.9M | 647.7M | |
Cash | 23.2M | 144.9M | 26.2M | 25.2M | 27.7M | 35.9M | |
Non Current Assets Total | 24.5B | 25.5B | 26.8B | 27.6B | 30.5B | 32.0B | |
Non Currrent Assets Other | 511.5M | 527.7M | 563.4M | 384.2M | 3.5B | 3.7B | |
Cash And Short Term Investments | 23.2M | 144.9M | 26.2M | 25.2M | 27.7M | 37.9M | |
Net Receivables | 314M | 336.8M | 568.6M | 683.6M | 610.4M | 640.9M | |
Liabilities And Stockholders Equity | 26.0B | 27.1B | 28.5B | 29.5B | 32.2B | 33.9B | |
Non Current Liabilities Total | 15.1B | 16.0B | 16.2B | 16.5B | 19.0B | 20.0B | |
Inventory | 481.6M | 504.5M | 566.7M | 672.9M | 776.2M | 815.0M | |
Other Current Assets | 231.7M | 638.1M | 548.8M | 460.3M | 374.8M | 262.1M | |
Other Stockholder Equity | (50M) | (49.4M) | (44M) | (34.5M) | (31.1M) | (29.5M) | |
Total Liab | 17.4B | 18.4B | 19.3B | 20.0B | 22.6B | 23.7B | |
Total Current Assets | 1.5B | 1.6B | 1.7B | 1.8B | 1.8B | 916.1M | |
Short Term Debt | 1.2B | 1.2B | 1.9B | 2.2B | 2.1B | 2.2B | |
Common Stock | 7.1B | 7.1B | 7.2B | 7.2B | 7.2B | 7.6B | |
Current Deferred Revenue | 338.7M | 362.9M | 340.3M | 156.7M | 141.0M | 195.5M | |
Accumulated Other Comprehensive Income | (50M) | (49.4M) | (44M) | (34.5M) | (29.6M) | (31.1M) | |
Other Liab | 6.3B | 6.8B | 6.9B | 6.5B | 7.5B | 7.8B | |
Other Assets | 3.0B | 3.2B | 3.3B | 3.1B | 3.6B | 3.8B | |
Long Term Debt | 8.8B | 9.2B | 9.3B | 9.9B | 11.1B | 11.6B | |
Property Plant Equipment | 19.2B | 20.0B | 21.0B | 22.1B | 25.5B | 26.7B | |
Common Stock Total Equity | 8.7B | 7.1B | 7.1B | 7.2B | 8.3B | 8.7B | |
Property Plant And Equipment Gross | 19.3B | 20.1B | 32.9B | 34.8B | 37.0B | 38.9B | |
Net Tangible Assets | 6.2B | 8.7B | 9.2B | 9.5B | 10.9B | 6.9B | |
Deferred Long Term Liab | 1.7B | 1.9B | 2.0B | 2.2B | 2.5B | 1.5B | |
Short Long Term Debt | 1.2B | 1.1B | 1.9B | 2.1B | 2.1B | 1.2B | |
Long Term Debt Total | 8.8B | 9.2B | 9.3B | 9.9B | 11.4B | 7.5B |
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When determining whether Evergy, is a strong investment it is important to analyze Evergy,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evergy,'s future performance. For an informed investment choice regarding Evergy, Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evergy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Evergy, Stock please use our How to Invest in Evergy, guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evergy,. If investors know Evergy, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evergy, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.322 | Dividend Share 2.57 | Earnings Share 3.7 | Revenue Per Share 25.096 | Quarterly Revenue Growth 0.085 |
The market value of Evergy, is measured differently than its book value, which is the value of Evergy, that is recorded on the company's balance sheet. Investors also form their own opinion of Evergy,'s value that differs from its market value or its book value, called intrinsic value, which is Evergy,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evergy,'s market value can be influenced by many factors that don't directly affect Evergy,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evergy,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Evergy, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evergy,'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.