FirstEnergy Deferred Long Term Liab vs Total Assets Analysis
FE Stock | USD 41.97 0.23 0.55% |
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 Deferred Long Term Liab and its Total Assets 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.
Deferred Long Term Liab vs Total Assets
Deferred Long Term Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstEnergy Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between FirstEnergy's Deferred Long Term Liab and Total Assets is 0.35. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of FirstEnergy, assuming nothing else is changed. The correlation between historical values of FirstEnergy's Deferred Long Term Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of FirstEnergy are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Deferred Long Term Liab i.e., FirstEnergy's Deferred Long Term Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Total Assets
Total assets refers to the total amount of FirstEnergy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in FirstEnergy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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
Click cells to compare fundamentals
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 |
Also Currently Popular
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.