Eni Current Deferred Revenue vs Other Stockholder Equity 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 Current Deferred Revenue and its Other Stockholder Equity 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.
Current Deferred Revenue vs Other Stockholder Equity
Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Current Deferred Revenue account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eni SPA's Current Deferred Revenue and Other Stockholder Equity is -0.03. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity 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 Current Deferred Revenue and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Eni SpA ADR are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Eni SPA's Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Other Stockholder Equity
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 |
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
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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 Correlations module to find global opportunities by holding instruments from different markets.
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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.
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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.