NRG Accounts Payable vs Total Current Liabilities Analysis

NRG Stock  USD 95.48  1.41  1.46%   
NRG Energy financial indicator trend analysis is infinitely more than just investigating NRG Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NRG Energy is a good investment. Please check the relationship between NRG Energy Accounts Payable and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRG Energy. 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 NRG Stock please use our How to Invest in NRG Energy guide.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NRG Energy Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NRG Energy's Accounts Payable and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of NRG Energy, assuming nothing else is changed. The correlation between historical values of NRG Energy's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of NRG Energy are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., NRG Energy's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents NRG Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NRG Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on NRG Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NRG Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from NRG Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NRG Energy 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRG Energy. 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 NRG Stock please use our How to Invest in NRG Energy guide.At this time, NRG Energy's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The NRG Energy's current Sales General And Administrative To Revenue is estimated to increase to 0.08, while Enterprise Value Over EBITDA is projected to decrease to 9.97.
 2021 2022 2023 2024 (projected)
Gross Profit6.5B4.1B2.3B2.8B
Total Revenue27.0B31.5B28.8B30.3B

NRG Energy fundamental ratios Correlations

0.860.330.420.740.780.340.860.440.30.390.940.380.390.260.170.910.870.110.620.960.650.450.570.340.58
0.86-0.090.050.480.880.480.990.05-0.050.530.940.070.52-0.070.490.990.9-0.250.820.860.260.630.580.120.55
0.33-0.090.970.22-0.29-0.1-0.040.410.94-0.320.040.74-0.320.9-0.630.010.10.92-0.40.390.83-0.060.120.620.24
0.420.050.970.23-0.2-0.020.10.340.97-0.310.160.72-0.310.93-0.540.140.220.9-0.290.50.820.140.210.690.34
0.740.480.220.230.630.050.450.870.110.370.730.130.380.08-0.050.530.5-0.030.310.540.410.110.20.370.17
0.780.88-0.29-0.20.630.30.870.22-0.330.520.91-0.070.53-0.380.570.870.77-0.510.840.670.080.430.39-0.10.28
0.340.48-0.1-0.020.050.30.49-0.22-0.010.170.380.00.170.080.130.490.3-0.130.510.40.080.210.60.090.6
0.860.99-0.040.10.450.870.490.030.00.380.940.120.38-0.020.510.980.9-0.20.80.870.280.640.550.140.54
0.440.050.410.340.870.22-0.220.030.240.140.360.110.160.23-0.380.10.130.2-0.170.230.42-0.11-0.140.46-0.11
0.3-0.050.940.970.11-0.33-0.010.00.24-0.330.020.78-0.340.97-0.550.030.150.96-0.30.40.810.060.250.60.37
0.390.53-0.32-0.310.370.520.170.380.14-0.330.46-0.231.0-0.350.20.520.39-0.390.510.320.050.210.41-0.150.33
0.940.940.040.160.730.910.380.940.360.020.460.110.46-0.010.350.950.88-0.190.730.870.360.520.50.260.48
0.380.070.740.720.13-0.070.00.120.110.78-0.230.11-0.230.72-0.150.180.340.760.070.480.82-0.110.410.10.34
0.390.52-0.32-0.310.380.530.170.380.16-0.341.00.46-0.23-0.370.180.520.37-0.40.50.320.050.190.4-0.150.32
0.26-0.070.90.930.08-0.380.08-0.020.230.97-0.35-0.010.72-0.37-0.50.00.120.95-0.340.360.760.120.210.630.34
0.170.49-0.63-0.54-0.050.570.130.51-0.38-0.550.20.35-0.150.18-0.50.420.44-0.590.670.16-0.340.390.1-0.47-0.03
0.910.990.010.140.530.870.490.980.10.030.520.950.180.520.00.420.92-0.170.820.910.380.550.650.150.62
0.870.90.10.220.50.770.30.90.130.150.390.880.340.370.120.440.92-0.020.720.880.440.530.570.160.54
0.11-0.250.920.9-0.03-0.51-0.13-0.20.20.96-0.39-0.190.76-0.40.95-0.59-0.17-0.02-0.480.220.75-0.060.080.480.19
0.620.82-0.4-0.290.310.840.510.8-0.17-0.30.510.730.070.5-0.340.670.820.72-0.480.620.060.350.69-0.320.54
0.960.860.390.50.540.670.40.870.230.40.320.870.480.320.360.160.910.880.220.620.710.50.660.320.7
0.650.260.830.820.410.080.080.280.420.810.050.360.820.050.76-0.340.380.440.750.060.710.070.460.370.53
0.450.63-0.060.140.110.430.210.64-0.110.060.210.52-0.110.190.120.390.550.53-0.060.350.50.070.180.270.29
0.570.580.120.210.20.390.60.55-0.140.250.410.50.410.40.210.10.650.570.080.690.660.460.18-0.010.93
0.340.120.620.690.37-0.10.090.140.460.6-0.150.260.1-0.150.63-0.470.150.160.48-0.320.320.370.27-0.010.23
0.580.550.240.340.170.280.60.54-0.110.370.330.480.340.320.34-0.030.620.540.190.540.70.530.290.930.23
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NRG Energy Account Relationship Matchups

NRG Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.5B14.9B23.2B29.1B26.0B20.9B
Short Long Term Debt Total6.4B9.0B8.3B8.3B11.0B10.1B
Other Current Liab813M1.1B5.5B9.1B5.7B5.9B
Total Current Liabilities2.4B1.9B7.9B13.0B9.5B10.0B
Total Stockholder Equity1.7B1.7B3.6B3.8B2.9B4.1B
Property Plant And Equipment Net3.1B2.8B2.0B1.9B1.9B1.8B
Current Deferred Revenue663M678M1.3B134M720M629.4M
Net Debt6.1B5.1B8.0B7.9B10.4B8.9B
Retained Earnings(1.6B)(1.4B)464M1.4B820M861M
Accounts Payable722M649M2.3B3.6B2.3B2.4B
Cash345M3.9B250M430M541M514.0M
Non Current Assets Total9.4B8.9B12.3B12.9B16.3B15.3B
Non Currrent Assets Other550M477M2.8B4.4B777M1.4B
Cash And Short Term Investments345M3.9B250M430M541M514.0M
Net Receivables1.0B904M3.9B4.8B3.5B3.7B
Common Stock Shares Outstanding264M246M245M236M228M224.7M
Liabilities And Stockholders Equity12.5B14.9B23.2B29.1B26.0B20.9B
Non Current Liabilities Total8.5B11.3B11.7B12.3B13.6B12.0B
Inventory383M327M498M751M607M537.4M
Other Current Assets245M892M6.2B10.3B5.0B5.3B
Other Stockholder Equity3.5B3.3B3.3B2.6B1.5B1.4B
Total Liab10.9B13.2B19.6B25.3B23.1B16.3B
Total Current Assets3.1B6.0B10.8B16.2B9.7B5.6B
Accumulated Other Comprehensive Income(192M)(206M)(126M)(177M)(91M)(86.5M)
Short Term Debt161M139M166M229M800M579.3M
Property Plant And Equipment Gross3.1B2.8B2.0B1.9B3.2B3.1B
Other Liab2.2B2.3B3.5B4.2B4.8B2.9B
Other Assets4.6B4.4B5.9B7.1B8.1B8.6B
Long Term Debt5.8B8.7B8.0B8.0B10.1B10.3B
Short Term Investments8M17M860M(2.3B)(2.1B)(2.0B)
Intangible Assets789M668M2.5B2.1B3.9B4.1B
Property Plant Equipment2.6B2.5B2.0B1.9B2.2B2.1B
Treasury Stock(5.0B)(5.2B)(5.3B)(5.9B)(5.3B)(5.0B)
Net Tangible Assets1.7B1.7B(706M)3.8B3.4B1.9B

Currently Active Assets on Macroaxis

When determining whether NRG Energy is a strong investment it is important to analyze NRG Energy'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 NRG Energy's future performance. For an informed investment choice regarding NRG Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRG Energy. 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 NRG Stock please use our How to Invest in NRG Energy guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Independent Power and Renewable Electricity Producers 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 NRG Energy. If investors know NRG 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 NRG Energy 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
1.696
Dividend Share
1.63
Earnings Share
4.04
Revenue Per Share
133.419
Quarterly Revenue Growth
(0.09)
The market value of NRG Energy is measured differently than its book value, which is the value of NRG that is recorded on the company's balance sheet. Investors also form their own opinion of NRG Energy's value that differs from its market value or its book value, called intrinsic value, which is NRG Energy'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 NRG Energy's market value can be influenced by many factors that don't directly affect NRG Energy'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 NRG Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NRG Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NRG Energy'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.