TotalEnergies Other Operating Expenses vs Net Income 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 Other Operating Expenses and its Net Income 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.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TotalEnergies SE ADR Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TotalEnergies' Other Operating Expenses and Net Income is 0.51. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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' Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of TotalEnergies SE ADR are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., TotalEnergies' Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TotalEnergies SE ADR. It is also known as TotalEnergies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in TotalEnergies SE ADR financial statement analysis. It represents the amount of money remaining after all of TotalEnergies SE ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Profit | 52.5B | 81.6B | 62.4B | 39.0B | Total Revenue | 184.6B | 263.3B | 218.9B | 152.4B |
TotalEnergies fundamental ratios Correlations
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TotalEnergies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TotalEnergies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 273.3B | 266.1B | 293.5B | 303.9B | 283.7B | 171.2B | |
Short Long Term Debt Total | 62.6B | 77.3B | 64.5B | 60.8B | 50.1B | 36.2B | |
Other Current Liab | 26.5B | 18.3B | 32.9B | 36.7B | 23.9B | 13.1B | |
Total Current Liabilities | 70.2B | 64.7B | 95.1B | 109.8B | 88.8B | 48.2B | |
Total Stockholder Equity | 116.8B | 103.7B | 111.7B | 111.7B | 116.8B | 69.5B | |
Property Plant And Equipment Net | 116.4B | 108.3B | 106.6B | 107.1B | 108.9B | 71.8B | |
Net Debt | 35.2B | 46.0B | 43.2B | 27.7B | 22.8B | 20.4B | |
Retained Earnings | 121.2B | 107.1B | 117.8B | 124.0B | 126.9B | 64.4B | |
Accounts Payable | 28.4B | 23.6B | 36.8B | 41.3B | 41.3B | 43.4B | |
Cash | 27.4B | 31.3B | 21.3B | 33.0B | 27.3B | 15.8B | |
Non Current Assets Total | 188.0B | 186.5B | 182.3B | 178.1B | 184.1B | 108.7B | |
Non Currrent Assets Other | 2.4B | 2.8B | 2.8B | 2.4B | 2.1B | 2.0B | |
Cash And Short Term Investments | 31.3B | 35.9B | 33.7B | 41.8B | 33.5B | 18.3B | |
Net Receivables | 18.5B | 25.8B | 55.3B | 59.1B | 42.8B | 22.4B | |
Common Stock Shares Outstanding | 2.6B | 2.6B | 2.6B | 2.6B | 2.4B | 2.3B | |
Liabilities And Stockholders Equity | 273.3B | 266.1B | 293.5B | 303.9B | 283.7B | 171.2B | |
Non Current Liabilities Total | 83.7B | 95.4B | 83.4B | 79.5B | 75.4B | 51.9B | |
Inventory | 17.1B | 14.7B | 20.0B | 22.9B | 19.3B | 13.9B | |
Other Current Assets | 17.0B | 3.4B | 2.3B | 2.1B | 3.9B | 6.4B | |
Other Stockholder Equity | (1.0B) | 105.7B | 116.2B | (7.6B) | 122.8B | 129.0B | |
Total Liab | 154.0B | 160.0B | 178.5B | 189.3B | 164.2B | 100.0B | |
Property Plant And Equipment Gross | 116.4B | 108.3B | 332.4B | 330.1B | 328.6B | 345.0B | |
Total Current Assets | 85.3B | 79.7B | 111.1B | 125.7B | 99.5B | 62.5B | |
Accumulated Other Comprehensive Income | (11.5B) | (10.3B) | (12.7B) | (12.8B) | (13.7B) | (13.0B) | |
Short Term Debt | 14.8B | 17.1B | 15.0B | 16.9B | 9.6B | 9.4B | |
Intangible Assets | 2.0B | 2.2B | 2.2B | 2.3B | 23.1B | 24.3B | |
Common Stock | 8.1B | 8.3B | 8.2B | 8.2B | 7.6B | 6.8B | |
Common Stock Total Equity | 7.9B | 8.2B | 8.1B | 8.3B | 9.5B | 8.3B | |
Short Term Investments | 4.0B | 4.6B | 12.3B | 8.7B | 6.2B | 3.2B | |
Other Liab | 36.0B | 35.2B | 33.8B | 34.3B | 39.4B | 23.4B | |
Other Assets | 12.8B | 17.9B | 10.6B | 7.4B | 8.6B | 6.8B | |
Long Term Debt | 39.8B | 60.2B | 49.5B | 45.3B | 38.3B | 33.0B | |
Good Will | 8.3B | 8.8B | 8.8B | 8.7B | 10.0B | 10.4B | |
Treasury Stock | (1.8B) | (1.0B) | (1.4B) | (1.7B) | (1.9B) | (2.0B) | |
Property Plant Equipment | 116.4B | 108.3B | 106.6B | 107.1B | 123.2B | 88.5B | |
Current Deferred Revenue | 522M | 842M | 42.8B | 17.9B | 20.5B | 21.6B | |
Long Term Investments | 30.1B | 34.8B | 35.1B | 31.7B | 30.9B | 28.8B | |
Short Long Term Debt | 13.6B | 17.1B | 15.0B | 15.5B | 7.9B | 11.9B | |
Net Tangible Assets | 83.6B | 70.2B | 79.3B | 79.8B | 71.8B | 65.2B |
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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.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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.