TotalEnergies Operating Income vs Tax Provision Analysis

TTE Stock  USD 59.66  0.37  0.62%   
TotalEnergies financial indicator trend analysis is much more than just breaking down TotalEnergies SE ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TotalEnergies SE ADR is a good investment. Please check the relationship between TotalEnergies Operating Income and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TotalEnergies SE ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TotalEnergies SE ADR Operating Income account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between TotalEnergies' Operating Income and Tax Provision is 0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of TotalEnergies SE ADR, assuming nothing else is changed. The correlation between historical values of TotalEnergies' Operating Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of TotalEnergies SE ADR are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Operating Income i.e., TotalEnergies' Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from TotalEnergies SE ADR operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TotalEnergies SE ADR is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from TotalEnergies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TotalEnergies SE ADR 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TotalEnergies SE ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At present, TotalEnergies' Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 197.7 B, whereas Tax Provision is forecasted to decline to about 8.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit52.5B81.6B62.4B39.0B
Total Revenue184.6B263.3B218.9B152.4B

TotalEnergies fundamental ratios Correlations

0.890.770.90.970.90.740.940.680.860.980.00.90.640.940.930.740.110.20.990.460.930.85-0.050.920.89
0.890.650.680.850.860.920.790.410.850.930.00.880.40.880.970.470.130.20.880.260.720.89-0.240.840.75
0.770.650.820.70.620.530.760.570.640.72-0.20.770.680.650.640.45-0.14-0.10.80.580.780.63-0.260.560.56
0.90.680.820.810.650.560.920.790.680.8-0.150.80.860.770.710.77-0.10.00.930.690.970.740.090.730.76
0.970.850.70.810.920.660.890.620.880.970.020.880.480.940.910.710.270.270.920.350.870.81-0.060.930.9
0.90.860.620.650.920.720.780.480.830.930.290.790.380.880.950.610.190.310.850.20.750.75-0.190.920.84
0.740.920.530.560.660.720.680.310.580.790.050.660.370.750.870.370.050.220.760.220.570.82-0.240.720.61
0.940.790.760.920.890.780.680.720.740.9-0.030.790.740.830.830.77-0.040.050.960.520.920.770.080.820.84
0.680.410.570.790.620.480.310.720.440.58-0.150.520.730.70.480.7-0.120.270.70.870.780.470.550.660.82
0.860.850.640.680.880.830.580.740.440.88-0.070.950.350.840.860.480.210.120.830.250.740.75-0.170.790.74
0.980.930.720.80.970.930.790.90.580.88-0.010.90.50.940.960.630.180.250.950.370.840.84-0.090.920.88
0.00.0-0.2-0.150.020.290.05-0.03-0.15-0.07-0.01-0.220.0-0.040.150.31-0.120.16-0.01-0.430.030.01-0.280.20.05
0.90.880.770.80.880.790.660.790.520.950.9-0.220.490.850.850.470.150.110.890.430.810.78-0.160.770.74
0.640.40.680.860.480.380.370.740.730.350.50.00.490.460.440.68-0.54-0.020.720.730.810.450.160.450.52
0.940.880.650.770.940.880.750.830.70.840.94-0.040.850.460.920.670.270.350.910.450.830.860.040.960.93
0.930.970.640.710.910.950.870.830.480.860.960.150.850.440.920.580.130.280.910.260.770.86-0.180.920.84
0.740.470.450.770.710.610.370.770.70.480.630.310.470.680.670.580.070.120.740.350.860.670.130.770.74
0.110.13-0.14-0.10.270.190.05-0.04-0.120.210.18-0.120.15-0.540.270.130.070.060.0-0.33-0.020.25-0.080.270.16
0.20.2-0.10.00.270.310.220.050.270.120.250.160.11-0.020.350.280.120.060.140.180.090.060.320.380.46
0.990.880.80.930.920.850.760.960.70.830.95-0.010.890.720.910.910.740.00.140.530.950.86-0.040.880.86
0.460.260.580.690.350.20.220.520.870.250.37-0.430.430.730.450.260.35-0.330.180.530.590.240.540.330.54
0.930.720.780.970.870.750.570.920.780.740.840.030.810.810.830.770.86-0.020.090.950.590.790.020.830.82
0.850.890.630.740.810.750.820.770.470.750.840.010.780.450.860.860.670.250.060.860.240.79-0.250.850.72
-0.05-0.24-0.260.09-0.06-0.19-0.240.080.55-0.17-0.09-0.28-0.160.160.04-0.180.13-0.080.32-0.040.540.02-0.250.00.29
0.920.840.560.730.930.920.720.820.660.790.920.20.770.450.960.920.770.270.380.880.330.830.850.00.94
0.890.750.560.760.90.840.610.840.820.740.880.050.740.520.930.840.740.160.460.860.540.820.720.290.94
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TotalEnergies Account Relationship Matchups

TotalEnergies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets273.3B266.1B293.5B303.9B283.7B171.2B
Short Long Term Debt Total62.6B77.3B64.5B60.8B50.1B36.2B
Other Current Liab26.5B18.3B32.9B36.7B23.9B13.1B
Total Current Liabilities70.2B64.7B95.1B109.8B88.8B48.2B
Total Stockholder Equity116.8B103.7B111.7B111.7B116.8B69.5B
Property Plant And Equipment Net116.4B108.3B106.6B107.1B108.9B71.8B
Net Debt35.2B46.0B43.2B27.7B22.8B20.4B
Retained Earnings121.2B107.1B117.8B124.0B126.9B64.4B
Accounts Payable28.4B23.6B36.8B41.3B41.3B43.4B
Cash27.4B31.3B21.3B33.0B27.3B15.8B
Non Current Assets Total188.0B186.5B182.3B178.1B184.1B108.7B
Non Currrent Assets Other2.4B2.8B2.8B2.4B2.1B2.0B
Cash And Short Term Investments31.3B35.9B33.7B41.8B33.5B18.3B
Net Receivables18.5B25.8B55.3B59.1B42.8B22.4B
Common Stock Shares Outstanding2.6B2.6B2.6B2.6B2.4B2.3B
Liabilities And Stockholders Equity273.3B266.1B293.5B303.9B283.7B171.2B
Non Current Liabilities Total83.7B95.4B83.4B79.5B75.4B51.9B
Inventory17.1B14.7B20.0B22.9B19.3B13.9B
Other Current Assets17.0B3.4B2.3B2.1B3.9B6.4B
Other Stockholder Equity(1.0B)105.7B116.2B(7.6B)122.8B129.0B
Total Liab154.0B160.0B178.5B189.3B164.2B100.0B
Property Plant And Equipment Gross116.4B108.3B332.4B330.1B328.6B345.0B
Total Current Assets85.3B79.7B111.1B125.7B99.5B62.5B
Accumulated Other Comprehensive Income(11.5B)(10.3B)(12.7B)(12.8B)(13.7B)(13.0B)
Short Term Debt14.8B17.1B15.0B16.9B9.6B9.4B
Intangible Assets2.0B2.2B2.2B2.3B23.1B24.3B
Common Stock8.1B8.3B8.2B8.2B7.6B6.8B
Common Stock Total Equity7.9B8.2B8.1B8.3B9.5B8.3B
Short Term Investments4.0B4.6B12.3B8.7B6.2B3.2B
Other Liab36.0B35.2B33.8B34.3B39.4B23.4B
Other Assets12.8B17.9B10.6B7.4B8.6B6.8B
Long Term Debt39.8B60.2B49.5B45.3B38.3B33.0B
Good Will8.3B8.8B8.8B8.7B10.0B10.4B
Treasury Stock(1.8B)(1.0B)(1.4B)(1.7B)(1.9B)(2.0B)
Property Plant Equipment116.4B108.3B106.6B107.1B123.2B88.5B
Current Deferred Revenue522M842M42.8B17.9B20.5B21.6B
Long Term Investments30.1B34.8B35.1B31.7B30.9B28.8B
Short Long Term Debt13.6B17.1B15.0B15.5B7.9B11.9B
Net Tangible Assets83.6B70.2B79.3B79.8B71.8B65.2B

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When determining whether TotalEnergies SE ADR is a strong investment it is important to analyze TotalEnergies' 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 TotalEnergies' future performance. For an informed investment choice regarding TotalEnergies Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TotalEnergies SE ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil, Gas & Consumable Fuels 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 TotalEnergies. If investors know TotalEnergies 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 TotalEnergies 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
(0.65)
Dividend Share
3.621
Earnings Share
7.09
Revenue Per Share
87.283
Quarterly Revenue Growth
(0.13)
The market value of TotalEnergies SE ADR is measured differently than its book value, which is the value of TotalEnergies that is recorded on the company's balance sheet. Investors also form their own opinion of TotalEnergies' value that differs from its market value or its book value, called intrinsic value, which is TotalEnergies' 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 TotalEnergies' market value can be influenced by many factors that don't directly affect TotalEnergies' 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 TotalEnergies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TotalEnergies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TotalEnergies' 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.