Essential Net Invested Capital vs Net Debt Analysis

WTRG Stock

USD 40.11 0.58 1.47%

Essential Utilities financial indicator trend analysis is much more than just examining Essential Utilities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Essential Utilities is a good investment. Please check the relationship between Essential Utilities Net Invested Capital and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Essential Utilities. 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 Essential Stock please use our How to Invest in Essential Utilities guide.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essential Utilities Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Essential Utilities' Net Invested Capital and Net Debt is 0.77. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Essential Utilities, assuming nothing else is changed. The correlation between historical values of Essential Utilities' Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Essential Utilities are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Essential Utilities' Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Essential Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Essential Utilities 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Essential Utilities. 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 Essential Stock please use our How to Invest in Essential Utilities guide.At this time, Essential Utilities' Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	987.3M	1.1B	1.1B	1.2B
Total Revenue	1.9B	2.3B	2.1B	2.2B

Gross Profit Total Revenue

Essential Utilities fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.72	0.69	0.66	0.69	0.71	0.73	0.65	0.73	0.69	0.12	0.7	0.52	0.12	0.74	0.74	0.6	0.23	0.68	0.71	0.4	0.75	0.98	-0.22	0.94	0.55
Total Assets	0.72		0.99	0.87	0.93	0.99	1.0	0.96	0.93	0.98	0.02	1.0	0.92	0.02	0.92	1.0	0.87	0.42	0.98	1.0	0.29	0.65	0.71	-0.69	0.82	0.88
Short Long Term Debt Total	0.69	0.99		0.86	0.95	0.98	0.99	0.98	0.89	0.99	-0.04	0.99	0.95	-0.04	0.94	0.99	0.9	0.44	0.98	0.99	0.24	0.68	0.67	-0.68	0.79	0.9
Other Current Liab	0.66	0.87	0.86		0.85	0.84	0.9	0.83	0.92	0.84	0.02	0.87	0.72	0.02	0.78	0.88	0.74	0.35	0.79	0.88	0.24	0.61	0.69	-0.59	0.74	0.79
Total Current Liabilities	0.69	0.93	0.95	0.85		0.9	0.93	0.95	0.82	0.97	-0.12	0.93	0.88	-0.12	0.95	0.93	0.94	0.56	0.9	0.94	0.19	0.84	0.66	-0.5	0.74	0.88
Total Stockholder Equity	0.71	0.99	0.98	0.84	0.9		0.98	0.93	0.91	0.96	0.13	0.98	0.91	0.13	0.9	0.98	0.85	0.4	0.99	0.98	0.38	0.64	0.71	-0.68	0.82	0.83
Property Plant And Equipment Net	0.73	1.0	0.99	0.9	0.93	0.98		0.97	0.95	0.97	-0.02	1.0	0.91	-0.02	0.91	1.0	0.86	0.42	0.95	1.0	0.24	0.66	0.73	-0.69	0.83	0.9
Net Debt	0.65	0.96	0.98	0.83	0.95	0.93	0.97		0.85	0.99	-0.23	0.98	0.96	-0.23	0.94	0.97	0.9	0.46	0.93	0.98	0.06	0.68	0.63	-0.68	0.75	0.96
Retained Earnings	0.73	0.93	0.89	0.92	0.82	0.91	0.95	0.85		0.86	0.09	0.92	0.74	0.09	0.79	0.94	0.74	0.27	0.85	0.93	0.29	0.58	0.78	-0.64	0.83	0.83
Accounts Payable	0.69	0.98	0.99	0.84	0.97	0.96	0.97	0.99	0.86		-0.12	0.98	0.95	-0.12	0.96	0.97	0.93	0.49	0.95	0.98	0.17	0.74	0.67	-0.62	0.78	0.91
Cash	0.12	0.02	-0.04	0.02	-0.12	0.13	-0.02	-0.23	0.09	-0.12		-0.06	-0.17	1.0	-0.13	-0.02	-0.14	-0.15	0.14	-0.03	0.94	-0.07	0.16	0.08	0.14	-0.42
Non Current Assets Total	0.7	1.0	0.99	0.87	0.93	0.98	1.0	0.98	0.92	0.98	-0.06		0.93	-0.06	0.92	1.0	0.87	0.42	0.96	1.0	0.21	0.65	0.7	-0.71	0.81	0.91
Non Currrent Assets Other	0.52	0.92	0.95	0.72	0.88	0.91	0.91	0.96	0.74	0.95	-0.17	0.93		-0.17	0.85	0.91	0.85	0.56	0.93	0.93	0.09	0.55	0.48	-0.77	0.64	0.88
Cash And Short Term Investments	0.12	0.02	-0.04	0.02	-0.12	0.13	-0.02	-0.23	0.09	-0.12	1.0	-0.06	-0.17		-0.13	-0.02	-0.14	-0.15	0.14	-0.03	0.94	-0.07	0.16	0.08	0.14	-0.42
Net Receivables	0.74	0.92	0.94	0.78	0.95	0.9	0.91	0.94	0.79	0.96	-0.13	0.92	0.85	-0.13		0.92	0.94	0.34	0.9	0.92	0.18	0.81	0.71	-0.42	0.78	0.85
Non Current Liabilities Total	0.74	1.0	0.99	0.88	0.93	0.98	1.0	0.97	0.94	0.97	-0.02	1.0	0.91	-0.02	0.92		0.86	0.4	0.96	1.0	0.24	0.66	0.73	-0.68	0.83	0.9
Inventory	0.6	0.87	0.9	0.74	0.94	0.85	0.86	0.9	0.74	0.93	-0.14	0.87	0.85	-0.14	0.94	0.86		0.39	0.86	0.87	0.17	0.84	0.57	-0.42	0.69	0.85
Other Current Assets	0.23	0.42	0.44	0.35	0.56	0.4	0.42	0.46	0.27	0.49	-0.15	0.42	0.56	-0.15	0.34	0.4	0.39		0.42	0.43	0.03	0.38	0.14	-0.35	0.2	0.42
Other Stockholder Equity	0.68	0.98	0.98	0.79	0.9	0.99	0.95	0.93	0.85	0.95	0.14	0.96	0.93	0.14	0.9	0.96	0.86	0.42		0.96	0.4	0.63	0.66	-0.67	0.79	0.8
Total Liab	0.71	1.0	0.99	0.88	0.94	0.98	1.0	0.98	0.93	0.98	-0.03	1.0	0.93	-0.03	0.92	1.0	0.87	0.43	0.96		0.23	0.66	0.71	-0.7	0.81	0.91
Total Current Assets	0.4	0.29	0.24	0.24	0.19	0.38	0.24	0.06	0.29	0.17	0.94	0.21	0.09	0.94	0.18	0.24	0.17	0.03	0.4	0.23		0.25	0.41	0.0	0.41	-0.17
Short Term Debt	0.75	0.65	0.68	0.61	0.84	0.64	0.66	0.68	0.58	0.74	-0.07	0.65	0.55	-0.07	0.81	0.66	0.84	0.38	0.63	0.66	0.25		0.7	-0.03	0.7	0.62
Common Stock	0.98	0.71	0.67	0.69	0.66	0.71	0.73	0.63	0.78	0.67	0.16	0.7	0.48	0.16	0.71	0.73	0.57	0.14	0.66	0.71	0.41	0.7		-0.24	0.96	0.55
Current Deferred Revenue	-0.22	-0.69	-0.68	-0.59	-0.5	-0.68	-0.69	-0.68	-0.64	-0.62	0.08	-0.71	-0.77	0.08	-0.42	-0.68	-0.42	-0.35	-0.67	-0.7	0.0	-0.03	-0.24		-0.43	-0.67
Common Stock Total Equity	0.94	0.82	0.79	0.74	0.74	0.82	0.83	0.75	0.83	0.78	0.14	0.81	0.64	0.14	0.78	0.83	0.69	0.2	0.79	0.81	0.41	0.7	0.96	-0.43		0.66
Property Plant And Equipment Gross	0.55	0.88	0.9	0.79	0.88	0.83	0.9	0.96	0.83	0.91	-0.42	0.91	0.88	-0.42	0.85	0.9	0.85	0.42	0.8	0.91	-0.17	0.62	0.55	-0.67	0.66

Click cells to compare fundamentals

Essential Utilities Account Relationship Matchups

Essential Utilities fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	215.9M	254.6M	258.2M	262.9M	267.7M	153.6M
Total Assets	9.4B	13.7B	14.7B	15.7B	17.3B	18.1B
Short Long Term Debt Total	3.1B	5.7B	6.0B	6.8B	7.1B	7.4B
Other Current Liab	188.1M	219.0M	165.3M	292.1M	295.2M	310.0M
Total Current Liabilities	318.8M	603.9M	675.1M	1.0B	797.9M	837.8M
Total Stockholder Equity	3.9B	4.7B	5.2B	5.4B	5.9B	6.2B
Property Plant And Equipment Net	6.3B	9.5B	10.3B	11.1B	12.1B	12.7B
Net Debt	1.2B	5.7B	6.0B	6.8B	7.1B	7.4B
Retained Earnings	1.2B	1.3B	1.4B	1.5B	1.7B	1.8B
Accounts Payable	74.9M	177.5M	192.9M	238.8M	221.2M	232.3M
Cash	1.9B	4.8M	10.6M	11.4M	4.6M	4.4M
Non Current Assets Total	7.3B	13.3B	14.2B	15.1B	16.8B	17.6B
Non Currrent Assets Other	42.7M	1.5B	1.6B	1.5B	2.3B	2.4B
Cash And Short Term Investments	1.9B	4.8M	10.6M	11.4M	4.6M	4.4M
Net Receivables	107.6M	273.3M	260.9M	376.8M	245.7M	258.0M
Liabilities And Stockholders Equity	9.4B	13.7B	14.7B	15.7B	16.8B	17.7B
Non Current Liabilities Total	5.2B	8.4B	8.8B	9.3B	10.1B	10.7B
Inventory	18.4M	58.4M	109.6M	199.7M	112.7M	118.3M
Other Current Assets	16.3M	43.7M	56.7M	70.2M	129.0M	135.4M
Other Stockholder Equity	2.6B	3.3B	3.6B	3.7B	4.1B	4.3B
Total Liab	5.5B	9.0B	9.5B	10.3B	11.4B	11.9B
Total Current Assets	2.0B	380.2M	437.8M	658.2M	492.0M	246.7M
Short Term Debt	130.8M	170.2M	278.9M	456.6M	240.9M	130.1M
Common Stock	111.9M	124.3M	128.1M	133.5M	138.3M	72.4M
Current Deferred Revenue	(74.9M)	(177.5M)	(192.9M)	42.2M	(562.1M)	(534.0M)
Common Stock Total Equity	111.9M	124.3M	128.1M	133.5M	153.5M	89.6M
Property Plant And Equipment Gross	12.9M	9.6B	12.6B	13.7B	15.0B	15.8B
Good Will	63.8M	2.3B	2.3B	2.3B	2.3B	2.5B
Short Term Investments	6.7M	7.0M	6.0M	1.3B	1.4B	1.5B
Net Tangible Assets	3.9B	2.5B	5.2B	3.2B	3.7B	3.2B
Long Term Debt	2.9B	5.5B	5.8B	6.4B	6.8B	3.9B
Retained Earnings Total Equity	1.2B	1.3B	1.4B	1.5B	1.8B	1.2B
Long Term Debt Total	2.9B	5.5B	5.8B	6.4B	7.3B	7.7B
Capital Surpluse	2.6B	3.4B	3.7B	3.8B	4.4B	4.6B
Deferred Long Term Liab	936.2M	1.3B	4.0B	1.3B	1.5B	1.4B
Treasury Stock	(77.7M)	(81.3M)	(83.6M)	(83.7M)	(75.3M)	(79.1M)
Non Current Liabilities Other	1.2B	1.5B	1.5B	1.5B	669.2M	1.2B
Accumulated Depreciation	(1.9B)	(2.1B)	(2.4B)	(2.6B)	(2.3B)	(2.5B)

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When determining whether Essential Utilities is a strong investment it is important to analyze Essential Utilities' 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 Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:

How To Invest In Essential

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Is Essential Stock a good investment?

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What is Essential Utilities' Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Essential Utilities. 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 Essential Stock please use our How to Invest in Essential Utilities guide.

You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Is Water Utilities 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 Essential Utilities. If investors know Essential 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 Essential Utilities 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

(0.17)

Dividend Share

1.247

Earnings Share

2.02

Revenue Per Share

7.169

Quarterly Revenue Growth

0.058

The market value of Essential Utilities is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Utilities' value that differs from its market value or its book value, called intrinsic value, which is Essential Utilities' 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 Essential Utilities' market value can be influenced by many factors that don't directly affect Essential Utilities' 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 Essential Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Utilities' 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.

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Essential Net Invested Capital vs Net Debt Analysis

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Debt

Essential Utilities fundamental ratios Correlations

Essential Utilities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Essential Utilities fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net

Current Deferred Revenue	- 0.77	Non Currrent Assets Other
Current Deferred Revenue	- 0.71	Non Current Assets Total
Current Deferred Revenue	- 0.7	Total Liab
Current Deferred Revenue	- 0.69	Property Plant And Equipment Net
Current Deferred Revenue	- 0.69	Total Assets
Current Deferred Revenue	- 0.68	Non Current Liabilities Total