FirstEnergy Common Stock Total Equity vs Common Stock Shares Outstanding Analysis
| FE Stock | USD 42.05 0.26 0.62% |
FirstEnergy financial indicator trend analysis is much more than just examining FirstEnergy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FirstEnergy is a good investment. Please check the relationship between FirstEnergy Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
Common Stock Total Equity vs Common Stock Shares Outstanding
Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstEnergy Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FirstEnergy's Common Stock Total Equity and Common Stock Shares Outstanding is 0.96. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of FirstEnergy, assuming nothing else is changed. The correlation between historical values of FirstEnergy's Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of FirstEnergy are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., FirstEnergy's Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from FirstEnergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FirstEnergy 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 FirstEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.At present, FirstEnergy's Tax Provision is projected to increase significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.7B | 7.9B | 8.2B | 8.2B | Total Revenue | 11.1B | 12.5B | 12.9B | 12.9B |
FirstEnergy fundamental ratios Correlations
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FirstEnergy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FirstEnergy fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 42.3B | 44.5B | 45.4B | 46.1B | 48.8B | 41.1B | |
| Short Long Term Debt Total | 21.0B | 24.5B | 23.9B | 21.7B | 24.9B | 17.9B | |
| Other Current Liab | 1.4B | 1.1B | 1.2B | 1.3B | 1.1B | 886.7M | |
| Total Current Liabilities | 4.9B | 5.0B | 4.4B | 4.0B | 5.4B | 5.3B | |
| Total Stockholder Equity | 7.0B | 7.2B | 8.7B | 10.2B | 10.4B | 9.2B | |
| Property Plant And Equipment Net | 31.7B | 33.3B | 34.7B | 36.3B | 38.4B | 25.3B | |
| Current Deferred Revenue | 1.1B | 1.3B | 1.5B | 223M | 227M | 215.7M | |
| Net Debt | 20.4B | 22.7B | 22.4B | 21.5B | 24.8B | 17.5B | |
| Retained Earnings | (4.0B) | (2.9B) | (1.6B) | (1.2B) | (97M) | (92.2M) | |
| Accounts Payable | 1.0B | 827M | 943M | 1.5B | 1.4B | 1.2B | |
| Cash | 627M | 1.7B | 1.5B | 160M | 137M | 130.2M | |
| Non Current Assets Total | 39.9B | 40.8B | 42.2B | 43.7B | 46.2B | 38.2B | |
| Non Currrent Assets Other | 1.8B | 1.1B | 1.1B | 1.2B | 1.5B | 1.5B | |
| Cash And Short Term Investments | 627M | 1.7B | 1.5B | 160M | 137M | 130.2M | |
| Net Receivables | 1.3B | 1.4B | 1.3B | 1.6B | 1.6B | 1.5B | |
| Common Stock Shares Outstanding | 542M | 543M | 546M | 572M | 574M | 411.5M | |
| Liabilities And Stockholders Equity | 42.3B | 44.5B | 45.4B | 46.1B | 48.8B | 41.1B | |
| Non Current Liabilities Total | 30.5B | 32.2B | 32.3B | 31.5B | 32.5B | 23.8B | |
| Inventory | 281M | 317M | 260M | 421M | 512M | 543.4M | |
| Other Current Assets | 157M | 224M | 236M | 263M | 335M | 452.6M | |
| Other Stockholder Equity | 10.9B | 10.1B | 10.2B | 11.3B | 10.5B | 8.6B | |
| Total Liab | 35.3B | 37.2B | 36.8B | 35.5B | 37.9B | 31.9B | |
| Total Current Assets | 2.4B | 3.7B | 3.2B | 2.4B | 2.6B | 2.9B | |
| Accumulated Other Comprehensive Income | 20M | (5M) | (15M) | (14M) | (17M) | (17.9M) | |
| Short Term Debt | 1.4B | 2.4B | 1.6B | 499M | 2.0B | 2.6B | |
| Property Plant And Equipment Gross | 31.7B | 33.3B | 47.4B | 36.3B | 52.2B | 27.0B | |
| Other Liab | 10.6B | 9.8B | 10.1B | 10.1B | 11.6B | 9.3B | |
| Other Assets | 1.9B | 1.1B | 1.2B | 906M | 815.4M | 774.6M | |
| Long Term Debt | 49M | 30M | 22.2B | 21.2B | 22.9B | 24.0B | |
| Intangible Assets | 5.7B | 93M | 80M | 73M | 65.7M | 62.4M | |
| Property Plant Equipment | 31.7B | 33.3B | 34.7B | 2.0B | 2.2B | 2.1B | |
| Retained Earnings Total Equity | (4.0B) | (2.9B) | (1.6B) | (1.2B) | (1.1B) | (1.1B) | |
| Deferred Long Term Liab | 99M | 82M | 71M | 4.2B | 4.8B | 5.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 FirstEnergy. If investors know FirstEnergy 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 FirstEnergy 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 0.049 | Dividend Share 1.67 | Earnings Share 1.55 | Revenue Per Share 23.076 | Quarterly Revenue Growth 0.069 |
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy'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 FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy'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 FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy'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.