FirstEnergy Good Will vs Short Long Term Debt 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 Good Will and its Short Long Term Debt 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.

Good Will vs Short Long Term Debt

Good Will vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstEnergy Good Will account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FirstEnergy's Good Will and Short Long Term Debt is -0.36. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of FirstEnergy, assuming nothing else is changed. The correlation between historical values of FirstEnergy's Good Will and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of FirstEnergy are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Good Will i.e., FirstEnergy's Good Will and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Profit7.7B7.9B8.2B8.2B
Total Revenue11.1B12.5B12.9B12.9B

FirstEnergy fundamental ratios Correlations

0.770.580.720.740.93-0.110.80.280.360.011.0-0.130.010.880.610.890.650.320.760.940.820.470.50.490.75
0.770.470.460.190.89-0.060.99-0.290.30.410.770.180.410.580.870.920.10.190.840.910.60.240.80.80.84
0.580.470.450.480.530.20.460.29-0.340.190.57-0.120.190.440.430.470.360.130.320.510.560.270.360.350.47
0.720.460.450.570.54-0.250.50.260.45-0.160.70.04-0.160.790.240.490.660.570.480.660.730.920.140.130.36
0.740.190.480.570.57-0.070.240.830.16-0.320.74-0.37-0.320.660.140.370.80.250.270.460.590.410.090.090.45
0.930.890.530.540.57-0.080.910.090.360.160.940.00.160.710.820.930.360.20.860.920.640.250.750.740.89
-0.11-0.060.2-0.25-0.07-0.08-0.13-0.02-0.730.57-0.14-0.160.57-0.120.11-0.03-0.28-0.54-0.08-0.10.2-0.30.10.10.01
0.80.990.460.50.240.91-0.13-0.250.360.30.810.170.30.630.850.940.170.230.860.930.590.270.790.780.84
0.28-0.290.290.260.830.09-0.02-0.25-0.15-0.410.28-0.33-0.410.23-0.35-0.130.710.17-0.31-0.050.280.29-0.34-0.340.06
0.360.3-0.340.450.160.36-0.730.36-0.15-0.310.380.08-0.310.390.190.350.240.480.520.390.090.390.130.130.18
0.010.410.19-0.16-0.320.160.570.3-0.41-0.31-0.020.111.0-0.190.440.26-0.52-0.270.190.180.24-0.160.40.410.25
1.00.770.570.70.740.94-0.140.810.280.38-0.02-0.13-0.020.870.630.890.640.320.770.930.790.440.520.510.77
-0.130.18-0.120.04-0.370.0-0.160.17-0.330.080.11-0.130.11-0.240.11-0.02-0.350.2-0.040.01-0.160.140.110.110.05
0.010.410.19-0.16-0.320.160.570.3-0.41-0.311.0-0.020.11-0.190.440.26-0.52-0.270.190.180.24-0.160.40.410.25
0.880.580.440.790.660.71-0.120.630.230.39-0.190.87-0.24-0.190.410.740.740.350.690.830.820.580.280.270.47
0.610.870.430.240.140.820.110.85-0.350.190.440.630.110.440.410.78-0.17-0.110.870.720.34-0.080.970.960.81
0.890.920.470.490.370.93-0.030.94-0.130.350.260.89-0.020.260.740.780.330.190.880.970.70.230.660.650.77
0.650.10.360.660.80.36-0.280.170.710.24-0.520.64-0.35-0.520.74-0.170.330.40.120.440.630.61-0.26-0.270.15
0.320.190.130.570.250.2-0.540.230.170.48-0.270.320.2-0.270.35-0.110.190.40.120.30.280.71-0.18-0.180.06
0.760.840.320.480.270.86-0.080.86-0.310.520.190.77-0.040.190.690.870.880.120.120.860.50.160.770.770.69
0.940.910.510.660.460.92-0.10.93-0.050.390.180.930.010.180.830.720.970.440.30.860.790.410.60.590.75
0.820.60.560.730.590.640.20.590.280.090.240.79-0.160.240.820.340.70.630.280.50.790.620.190.180.45
0.470.240.270.920.410.25-0.30.270.290.39-0.160.440.14-0.160.58-0.080.230.610.710.160.410.62-0.16-0.160.11
0.50.80.360.140.090.750.10.79-0.340.130.40.520.110.40.280.970.66-0.26-0.180.770.60.19-0.161.00.84
0.490.80.350.130.090.740.10.78-0.340.130.410.510.110.410.270.960.65-0.27-0.180.770.590.18-0.161.00.84
0.750.840.470.360.450.890.010.840.060.180.250.770.050.250.470.810.770.150.060.690.750.450.110.840.84
Click cells to compare fundamentals

FirstEnergy Account Relationship Matchups

FirstEnergy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.3B44.5B45.4B46.1B48.8B41.1B
Short Long Term Debt Total21.0B24.5B23.9B21.7B24.9B17.9B
Other Current Liab1.4B1.1B1.2B1.3B1.1B886.7M
Total Current Liabilities4.9B5.0B4.4B4.0B5.4B5.3B
Total Stockholder Equity7.0B7.2B8.7B10.2B10.4B9.2B
Property Plant And Equipment Net31.7B33.3B34.7B36.3B38.4B25.3B
Current Deferred Revenue1.1B1.3B1.5B223M227M215.7M
Net Debt20.4B22.7B22.4B21.5B24.8B17.5B
Retained Earnings(4.0B)(2.9B)(1.6B)(1.2B)(97M)(92.2M)
Accounts Payable1.0B827M943M1.5B1.4B1.2B
Cash627M1.7B1.5B160M137M130.2M
Non Current Assets Total39.9B40.8B42.2B43.7B46.2B38.2B
Non Currrent Assets Other1.8B1.1B1.1B1.2B1.5B1.5B
Cash And Short Term Investments627M1.7B1.5B160M137M130.2M
Net Receivables1.3B1.4B1.3B1.6B1.6B1.5B
Common Stock Shares Outstanding542M543M546M572M574M411.5M
Liabilities And Stockholders Equity42.3B44.5B45.4B46.1B48.8B41.1B
Non Current Liabilities Total30.5B32.2B32.3B31.5B32.5B23.8B
Inventory281M317M260M421M512M543.4M
Other Current Assets157M224M236M263M335M452.6M
Other Stockholder Equity10.9B10.1B10.2B11.3B10.5B8.6B
Total Liab35.3B37.2B36.8B35.5B37.9B31.9B
Total Current Assets2.4B3.7B3.2B2.4B2.6B2.9B
Accumulated Other Comprehensive Income20M(5M)(15M)(14M)(17M)(17.9M)
Short Term Debt1.4B2.4B1.6B499M2.0B2.6B
Property Plant And Equipment Gross31.7B33.3B47.4B36.3B52.2B27.0B
Other Liab10.6B9.8B10.1B10.1B11.6B9.3B
Other Assets1.9B1.1B1.2B906M815.4M774.6M
Long Term Debt49M30M22.2B21.2B22.9B24.0B
Intangible Assets5.7B93M80M73M65.7M62.4M
Property Plant Equipment31.7B33.3B34.7B2.0B2.2B2.1B
Retained Earnings Total Equity(4.0B)(2.9B)(1.6B)(1.2B)(1.1B)(1.1B)
Deferred Long Term Liab99M82M71M4.2B4.8B5.1B

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.