TotalEnergies Reconciled Depreciation vs Operating Income Analysis
TTE Stock | USD 57.16 0.38 0.66% |
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 Reconciled Depreciation and its Operating 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.
Reconciled Depreciation vs Operating Income
Reconciled Depreciation vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TotalEnergies SE ADR Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TotalEnergies' Reconciled Depreciation and Operating Income is -0.62. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating 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' Reconciled Depreciation and Operating 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 Reconciled Depreciation of TotalEnergies SE ADR are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., TotalEnergies' Reconciled Depreciation and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Reconciled Depreciation
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.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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.