Eni Accounts Payable vs Long Term Debt Total Analysis
E Stock | USD 32.80 0.01 0.03% |
Eni SPA financial indicator trend analysis is much more than just examining Eni SpA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eni SpA ADR is a good investment. Please check the relationship between Eni SPA Accounts Payable and its Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Accounts Payable vs Long Term Debt Total
Accounts Payable vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Accounts Payable account and Long Term Debt Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Eni SPA's Accounts Payable and Long Term Debt Total is 0.06. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Eni SpA ADR, assuming nothing else is changed. The correlation between historical values of Eni SPA's Accounts Payable and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Eni SpA ADR are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Eni SPA's Accounts Payable and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Eni SPA obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eni SpA ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Debt Total
Most indicators from Eni SPA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eni SpA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At present, Eni SPA's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 137.1 B, whereas Enterprise Value Over EBITDA is forecasted to decline to 5.26.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 1.1B | 8.4B | 7.4B | 7.8B | Tax Provision | 5.0B | 8.2B | 4.2B | 4.9B |
Eni SPA fundamental ratios Correlations
Click cells to compare fundamentals
Eni SPA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eni SPA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 123.4B | 109.6B | 137.8B | 152.2B | 146.4B | 95.1B | |
Short Long Term Debt Total | 30.2B | 31.7B | 33.1B | 31.9B | 39.1B | 23.6B | |
Other Current Liab | 5.5B | 3.4B | 14.8B | 12.2B | 13.3B | 13.9B | |
Total Current Liabilities | 29.6B | 23.7B | 43.3B | 48.8B | 36.1B | 26.3B | |
Total Stockholder Equity | 47.8B | 37.4B | 44.4B | 54.8B | 48.1B | 37.2B | |
Property Plant And Equipment Net | 67.5B | 58.6B | 61.1B | 60.8B | 61.1B | 52.1B | |
Net Debt | 24.2B | 22.3B | 24.9B | 21.7B | 29.0B | 19.1B | |
Retained Earnings | 37.6B | 25.4B | 28.6B | 37.3B | 37.8B | 39.6B | |
Accounts Payable | 15.5B | 12.9B | 21.7B | 25.7B | 14.2B | 12.6B | |
Cash | 6.0B | 9.4B | 8.3B | 10.2B | 10.2B | 10.7B | |
Non Current Assets Total | 88.5B | 76.7B | 79.9B | 90.3B | 99.7B | 71.7B | |
Non Currrent Assets Other | 2.4B | 2.4B | 2.2B | 4.2B | 7.7B | 4.4B | |
Cash And Short Term Investments | 13.1B | 15.2B | 18.9B | 19.9B | 17.0B | 17.8B | |
Net Receivables | 13.1B | 11.1B | 19.0B | 21.2B | 17.9B | 16.9B | |
Common Stock Shares Outstanding | 3.6B | 3.6B | 3.6B | 3.5B | 3.3B | 2.4B | |
Liabilities And Stockholders Equity | 123.4B | 109.6B | 137.8B | 152.2B | 146.4B | 108.2B | |
Non Current Liabilities Total | 45.9B | 48.5B | 50.0B | 48.1B | 61.7B | 34.1B | |
Inventory | 4.7B | 3.9B | 6.1B | 7.7B | 6.2B | 4.9B | |
Other Current Assets | 4.0B | 2.7B | 13.6B | 12.8B | 5.6B | 5.9B | |
Total Liab | 75.5B | 72.2B | 93.2B | 96.9B | 97.8B | 56.3B | |
Property Plant And Equipment Gross | 68.6B | 58.1B | 61.1B | 60.8B | 203.7B | 213.9B | |
Total Current Assets | 34.9B | 32.9B | 57.9B | 61.9B | 46.7B | 32.0B | |
Accumulated Other Comprehensive Income | 7.2B | 8.6B | 12.8B | 16.3B | 8.7B | 12.2B | |
Short Term Debt | 6.5B | 5.6B | 5.0B | 8.4B | 8.1B | 4.7B | |
Intangible Assets | 763M | 751M | 1.0B | 1.6B | 3.2B | 2.0B | |
Short Term Investments | 7.1B | 5.8B | 10.6B | 9.8B | 6.8B | 3.6B | |
Other Liab | 22.2B | 22.4B | 21.8B | 24.7B | 28.4B | 19.5B | |
Other Assets | 7.9B | 6.5B | 6.7B | 8.1B | 9.3B | 7.2B | |
Long Term Debt | 18.9B | 21.9B | 23.7B | 19.4B | 21.7B | 18.6B | |
Property Plant Equipment | 67.5B | 58.1B | 61.0B | 60.8B | 69.9B | 66.1B | |
Current Deferred Revenue | 2.1B | 1.7B | 1.8B | 2.5B | 437M | 415.2M | |
Good Will | 1.3B | 1.3B | 2.9B | 3.1B | 3.2B | 1.7B | |
Net Tangible Assets | 44.8B | 34.1B | 39.9B | 49.2B | 56.6B | 41.0B | |
Long Term Investments | 11.1B | 8.7B | 9.6B | 15.2B | 13.9B | 8.7B | |
Short Long Term Debt | 5.1B | 4.8B | 4.1B | 7.5B | 6.1B | 4.5B |
Eni SPA Investors Sentiment
The influence of Eni SPA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eni. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Eni SPA's public news can be used to forecast risks associated with an investment in Eni. The trend in average sentiment can be used to explain how an investor holding Eni can time the market purely based on public headlines and social activities around Eni SpA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eni SPA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eni SPA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eni SPA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eni SPA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eni SPA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eni SPA's short interest history, or implied volatility extrapolated from Eni SPA options trading.
Pair Trading with Eni SPA
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 Eni SPA 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 Eni SPA will appreciate offsetting losses from the drop in the long position's value.Moving together with Eni Stock
0.8 | BP | BP PLC ADR Financial Report 7th of May 2024 | PairCorr |
0.81 | SU | Suncor Energy Sell-off Trend | PairCorr |
0.61 | EQNR | Equinor ASA ADR Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Eni SPA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eni SPA 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 Eni SPA - 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 Eni SpA ADR to buy it.
The correlation of Eni SPA 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 Eni SPA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eni SpA ADR 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 Eni SPA 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Eni SpA ADR information on this page should be used as a complementary analysis to other Eni SPA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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.
Complementary Tools for Eni Stock analysis
When running Eni SPA's price analysis, check to measure Eni SPA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Stocks Directory Find actively traded stocks across global markets | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is Eni SPA's industry 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 Eni SPA. If investors know Eni 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 Eni SPA 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 (0.47) | Dividend Share 0.7 | Earnings Share 2.98 | Revenue Per Share 55.438 | Quarterly Revenue Growth (0.15) |
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA's 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 Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA's 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 Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eni SPA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA's 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.