Emera Historical Balance Sheet
EMA Stock | CAD 55.22 0.05 0.09% |
Trend analysis of Emera Inc balance sheet accounts such as Short and Long Term Debt Total of 24 B or Other Current Liab of 1.2 B provides information on Emera's total assets, liabilities, and equity, which is the actual value of Emera Inc to its prevalent stockholders. By breaking down trends over time using Emera balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Emera Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Emera Inc is a good buy for the upcoming year.
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About Emera Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Emera Inc at a specified time, usually calculated after every quarter, six months, or one year. Emera Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Emera and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Emera currently owns. An asset can also be divided into two categories, current and non-current.
Emera Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Emera assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Emera Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most accounts from Emera's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Emera Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emera Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Emera's Net Debt is very stable compared to the past year. As of the 1st of February 2025, Retained Earnings is likely to grow to about 2.2 B, while Common Stock Shares Outstanding is likely to drop about 158.8 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 19.0B | 19.9B | 22.8B | 24.0B | Total Assets | 39.7B | 39.5B | 45.4B | 47.7B |
Emera balance sheet Correlations
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Emera Account Relationship Matchups
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Emera balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Common Stock Shares Outstanding | 248.2M | 257.6M | 265.9M | 273.8M | 314.9M | 158.8M | |
Total Assets | 31.2B | 34.2B | 39.7B | 39.5B | 45.4B | 47.7B | |
Short Long Term Debt Total | 15.3B | 16.4B | 19.0B | 19.9B | 22.8B | 24.0B | |
Other Current Liab | 710M | 1.2B | 1.9B | 979M | 1.1B | 1.2B | |
Total Current Liabilities | 4.9B | 4.9B | 7.3B | 4.5B | 5.2B | 5.5B | |
Total Stockholder Equity | 9.2B | 10.1B | 11.4B | 12.1B | 13.9B | 14.6B | |
Property Plant And Equipment Net | 19.5B | 20.4B | 23.0B | 24.4B | 28.1B | 29.5B | |
Current Deferred Revenue | 260M | 242M | 271M | 2M | 2.3M | 2.2M | |
Net Debt | 15.1B | 16.0B | 18.7B | 19.3B | 22.2B | 23.3B | |
Retained Earnings | 1.5B | 1.3B | 1.6B | 1.8B | 2.1B | 2.2B | |
Accounts Payable | 1.1B | 1.5B | 2.0B | 1.5B | 1.7B | 1.8B | |
Cash | 220M | 394M | 310M | 588M | 676.2M | 710.0M | |
Non Current Assets Total | 29.1B | 31.1B | 34.8B | 35.8B | 41.1B | 43.2B | |
Non Currrent Assets Other | 2.2B | 3.4B | 4.2B | 3.9B | 4.4B | 4.7B | |
Cash And Short Term Investments | 220M | 394M | 310M | 588M | 676.2M | 710.0M | |
Net Receivables | 845M | 1.1B | 1.7B | 1.2B | 1.3B | 1.4B | |
Liabilities And Stockholders Equity | 31.2B | 34.2B | 39.7B | 39.5B | 45.4B | 47.7B | |
Non Current Liabilities Total | 17.1B | 19.2B | 21.0B | 22.8B | 26.3B | 27.6B | |
Inventory | 453M | 538M | 769M | 790M | 908.5M | 953.9M | |
Other Current Assets | 660M | 1.1B | 2.1B | 1.2B | 1.3B | 1.4B | |
Total Liab | 22.0B | 24.1B | 28.3B | 27.4B | 31.5B | 33.1B | |
Property Plant And Equipment Gross | 19.5B | 29.1B | 32.6B | 34.4B | 39.5B | 41.5B | |
Total Current Assets | 2.2B | 3.1B | 4.9B | 3.7B | 4.3B | 4.5B | |
Accumulated Other Comprehensive Income | (79M) | 25M | 578M | 305M | 350.8M | 368.3M | |
Short Term Debt | 3.0B | 2.2B | 3.3B | 2.1B | 2.4B | 2.5B | |
Common Stock | 6.7B | 7.2B | 7.8B | 8.5B | 9.7B | 10.2B | |
Good Will | 5.7B | 5.7B | 6.0B | 5.9B | 6.8B | 7.1B | |
Other Liab | 5.3B | 4.7B | 5.0B | 5.2B | 6.0B | 3.9B | |
Net Tangible Assets | 1.7B | 2.5B | 3.0B | 4.0B | 4.6B | 4.8B | |
Other Assets | 4.0B | 2.4B | 3.6B | 3.8B | 4.3B | 2.6B | |
Long Term Debt | 12.3B | 14.2B | 15.7B | 17.7B | 20.3B | 11.9B | |
Deferred Long Term Liab | 1.4B | 1.4B | 2.3B | 3.0B | 3.5B | 3.6B | |
Long Term Investments | 1.8B | 1.4B | 1.4B | 1.4B | 1.6B | 1.5B | |
Short Long Term Debt | 3.0B | 2.2B | 3.3B | 2.1B | 2.4B | 2.1B | |
Property Plant Equipment | 18.2B | 19.6B | 20.4B | 23.1B | 26.5B | 15.6B | |
Long Term Debt Total | 13.7B | 12.3B | 14.2B | 15.7B | 18.1B | 14.0B |
Pair Trading with Emera
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emera position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emera will appreciate offsetting losses from the drop in the long position's value.Moving against Emera Stock
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The ability to find closely correlated positions to Emera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Emera - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Emera Inc to buy it.
The correlation of Emera is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Emera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Emera can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Emera Stock
Balance Sheet is a snapshot of the financial position of Emera Inc at a specified time, usually calculated after every quarter, six months, or one year. Emera Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Emera and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Emera currently owns. An asset can also be divided into two categories, current and non-current.