Essential Total Other Income Expense Net vs Ebitda Analysis
WTRG Stock | USD 39.53 0.17 0.43% |
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 Total Other Income Expense Net and its Ebitda 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.
Total Other Income Expense Net vs Ebitda
Total Other Income Expense Net vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essential Utilities Total Other Income Expense Net account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Essential Utilities' Total Other Income Expense Net and Ebitda is -0.9. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Ebitda 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' Total Other Income Expense Net and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Essential Utilities are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Other Income Expense Net i.e., Essential Utilities' Total Other Income Expense Net and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Other Income Expense Net
Ebitda
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 |
Essential Utilities fundamental ratios Correlations
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Essential Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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: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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 1.99 | 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.