NRG Non Current Liabilities Total vs Total Assets 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 Non Current Liabilities Total and its Total Assets 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.
Non Current Liabilities Total vs Total Assets
Non Current Liabilities Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NRG Energy Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NRG Energy's Non Current Liabilities Total and Total Assets is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Non Current Liabilities Total 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 Non Current Liabilities Total of NRG Energy 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 Non Current Liabilities Total i.e., NRG Energy's Non Current Liabilities Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Total Assets
Total assets refers to the total amount of NRG Energy 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 NRG Energy 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 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 Profit | 6.5B | 4.1B | 2.3B | 2.8B | Total Revenue | 27.0B | 31.5B | 28.8B | 30.3B |
NRG Energy fundamental ratios Correlations
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NRG Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NRG Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.5B | 14.9B | 23.2B | 29.1B | 26.0B | 20.9B | |
Short Long Term Debt Total | 6.4B | 9.0B | 8.3B | 8.3B | 11.0B | 10.1B | |
Other Current Liab | 813M | 1.1B | 5.5B | 9.1B | 5.7B | 5.9B | |
Total Current Liabilities | 2.4B | 1.9B | 7.9B | 13.0B | 9.5B | 10.0B | |
Total Stockholder Equity | 1.7B | 1.7B | 3.6B | 3.8B | 2.9B | 4.1B | |
Property Plant And Equipment Net | 3.1B | 2.8B | 2.0B | 1.9B | 1.9B | 1.8B | |
Current Deferred Revenue | 663M | 678M | 1.3B | 134M | 720M | 629.4M | |
Net Debt | 6.1B | 5.1B | 8.0B | 7.9B | 10.4B | 8.9B | |
Retained Earnings | (1.6B) | (1.4B) | 464M | 1.4B | 820M | 861M | |
Accounts Payable | 722M | 649M | 2.3B | 3.6B | 2.3B | 2.4B | |
Cash | 345M | 3.9B | 250M | 430M | 541M | 514.0M | |
Non Current Assets Total | 9.4B | 8.9B | 12.3B | 12.9B | 16.3B | 15.3B | |
Non Currrent Assets Other | 550M | 477M | 2.8B | 4.4B | 777M | 1.4B | |
Cash And Short Term Investments | 345M | 3.9B | 250M | 430M | 541M | 514.0M | |
Net Receivables | 1.0B | 904M | 3.9B | 4.8B | 3.5B | 3.7B | |
Common Stock Shares Outstanding | 264M | 246M | 245M | 236M | 228M | 224.7M | |
Liabilities And Stockholders Equity | 12.5B | 14.9B | 23.2B | 29.1B | 26.0B | 20.9B | |
Non Current Liabilities Total | 8.5B | 11.3B | 11.7B | 12.3B | 13.6B | 12.0B | |
Inventory | 383M | 327M | 498M | 751M | 607M | 537.4M | |
Other Current Assets | 245M | 892M | 6.2B | 10.3B | 5.0B | 5.3B | |
Other Stockholder Equity | 3.5B | 3.3B | 3.3B | 2.6B | 1.5B | 1.4B | |
Total Liab | 10.9B | 13.2B | 19.6B | 25.3B | 23.1B | 16.3B | |
Total Current Assets | 3.1B | 6.0B | 10.8B | 16.2B | 9.7B | 5.6B | |
Accumulated Other Comprehensive Income | (192M) | (206M) | (126M) | (177M) | (91M) | (86.5M) | |
Short Term Debt | 161M | 139M | 166M | 229M | 800M | 579.3M | |
Property Plant And Equipment Gross | 3.1B | 2.8B | 2.0B | 1.9B | 3.2B | 3.1B | |
Other Liab | 2.2B | 2.3B | 3.5B | 4.2B | 4.8B | 2.9B | |
Other Assets | 4.6B | 4.4B | 5.9B | 7.1B | 8.1B | 8.6B | |
Long Term Debt | 5.8B | 8.7B | 8.0B | 8.0B | 10.1B | 10.3B | |
Short Term Investments | 8M | 17M | 860M | (2.3B) | (2.1B) | (2.0B) | |
Intangible Assets | 789M | 668M | 2.5B | 2.1B | 3.9B | 4.1B | |
Property Plant Equipment | 2.6B | 2.5B | 2.0B | 1.9B | 2.2B | 2.1B | |
Treasury Stock | (5.0B) | (5.2B) | (5.3B) | (5.9B) | (5.3B) | (5.0B) | |
Net Tangible Assets | 1.7B | 1.7B | (706M) | 3.8B | 3.4B | 1.9B |
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.