Dominion Net Tangible Assets vs Accounts Payable Analysis

D Stock  USD 53.30  0.08  0.15%   
Dominion Energy financial indicator trend analysis is much more than just examining Dominion Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominion Energy is a good investment. Please check the relationship between Dominion Energy Net Tangible Assets and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominion Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.

Net Tangible Assets vs Accounts Payable

Net Tangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dominion Energy Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Dominion Energy's Net Tangible Assets and Accounts Payable is 0.31. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Dominion Energy, assuming nothing else is changed. The correlation between historical values of Dominion Energy's Net Tangible Assets and Accounts Payable 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 Tangible Assets of Dominion Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Dominion Energy's Net Tangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accounts Payable

An accounting item on the balance sheet that represents Dominion Energy 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 Dominion Energy 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.
Most indicators from Dominion Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominion Energy 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 Dominion Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.At present, Dominion Energy's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.57, whereas Tax Provision is forecasted to decline to about 321.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit10.4B5.3B7.2B6.7B
Total Revenue14.0B17.2B13.7B11.2B

Dominion Energy fundamental ratios Correlations

0.960.930.370.460.910.930.930.240.53-0.010.950.3-0.040.90.70.950.940.19-0.320.970.780.330.350.750.78
0.960.970.370.470.960.970.970.160.42-0.070.980.37-0.10.850.770.980.880.22-0.10.990.830.330.370.810.85
0.930.970.320.450.870.961.00.270.440.020.950.33-0.020.810.670.970.910.18-0.230.980.80.290.420.70.79
0.370.370.320.970.360.230.32-0.40.35-0.10.260.850.060.470.760.240.220.96-0.130.390.670.980.860.710.65
0.460.470.450.970.420.360.45-0.230.43-0.070.360.830.080.550.780.340.360.94-0.190.490.750.970.940.730.72
0.910.960.870.360.420.930.870.080.4-0.170.960.4-0.20.840.810.930.780.20.080.930.810.310.260.860.84
0.930.970.960.230.360.930.960.340.39-0.040.990.24-0.080.80.690.980.90.09-0.070.960.770.20.290.730.81
0.930.971.00.320.450.870.960.270.440.010.950.33-0.030.810.670.970.910.18-0.230.980.80.290.420.70.79
0.240.160.27-0.4-0.230.080.340.270.080.170.24-0.480.120.11-0.230.250.45-0.37-0.370.17-0.05-0.34-0.1-0.19-0.02
0.530.420.440.350.430.40.390.440.08-0.250.420.46-0.180.810.440.430.540.22-0.490.430.610.370.40.510.4
-0.01-0.070.02-0.1-0.07-0.17-0.040.010.17-0.25-0.08-0.360.97-0.24-0.17-0.020.06-0.07-0.19-0.02-0.11-0.070.04-0.24-0.09
0.950.980.950.260.360.960.990.950.240.42-0.080.27-0.110.840.730.990.880.1-0.070.970.80.210.270.780.83
0.30.370.330.850.830.40.240.33-0.480.46-0.360.27-0.230.530.730.240.150.820.040.370.70.850.750.710.6
-0.04-0.1-0.020.060.08-0.2-0.08-0.030.12-0.180.97-0.11-0.23-0.22-0.07-0.070.010.09-0.2-0.05-0.020.090.18-0.16-0.01
0.90.850.810.470.550.840.80.810.110.81-0.240.840.53-0.220.750.830.820.29-0.320.850.840.440.430.820.75
0.70.770.670.760.780.810.690.67-0.230.44-0.170.730.73-0.070.750.690.510.650.130.750.920.720.620.980.94
0.950.980.970.240.340.930.980.970.250.43-0.020.990.24-0.070.830.690.90.07-0.150.980.780.190.250.730.8
0.940.880.910.220.360.780.90.910.450.540.060.880.150.010.820.510.90.08-0.420.90.670.210.350.570.64
0.190.220.180.960.940.20.090.18-0.370.22-0.070.10.820.090.290.650.070.08-0.050.240.570.980.880.570.54
-0.32-0.1-0.23-0.13-0.190.08-0.07-0.23-0.37-0.49-0.19-0.070.04-0.2-0.320.13-0.15-0.42-0.05-0.17-0.1-0.15-0.260.10.04
0.970.990.980.390.490.930.960.980.170.43-0.020.970.37-0.050.850.750.980.90.24-0.170.830.350.40.780.83
0.780.830.80.670.750.810.770.8-0.050.61-0.110.80.7-0.020.840.920.780.670.57-0.10.830.660.660.930.94
0.330.330.290.980.970.310.20.29-0.340.37-0.070.210.850.090.440.720.190.210.98-0.150.350.660.90.660.61
0.350.370.420.860.940.260.290.42-0.10.40.040.270.750.180.430.620.250.350.88-0.260.40.660.90.550.59
0.750.810.70.710.730.860.730.7-0.190.51-0.240.780.71-0.160.820.980.730.570.570.10.780.930.660.550.94
0.780.850.790.650.720.840.810.79-0.020.4-0.090.830.6-0.010.750.940.80.640.540.040.830.940.610.590.94
Click cells to compare fundamentals

Dominion Energy Account Relationship Matchups

Dominion Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding808.9M831M808.5M824.8M836.5M576.9M
Total Assets103.8B95.9B99.6B104.2B109.0B56.9B
Short Long Term Debt Total37.9B37.0B40.6B45.7B44.9B24.3B
Other Current Liab2.7B5.5B3.2B4.9B12.5B13.2B
Total Current Liabilities9.9B10.8B8.7B13.5B24.5B25.7B
Total Stockholder Equity32.0B26.1B27.3B27.9B27.5B14.6B
Property Plant And Equipment Net69.1B57.8B59.8B63.5B59.4B35.4B
Net Debt37.7B36.8B40.3B45.5B44.6B24.0B
Retained Earnings7.6B4.2B5.4B4.1B3.5B4.3B
Accounts Payable1.1B944M1.2B1.8B921M1.4B
Cash268M166M172M283M153M187.4M
Non Current Assets Total97.7B89.0B92.3B94.4B83.6B50.2B
Non Currrent Assets Other1.3B2.0B2.1B10.0B11.1B11.6B
Cash And Short Term Investments268M166M172M283M153M299.1M
Net Receivables2.6B2.5B2.6B3.4B2.5B2.3B
Common Stock Total Equity23.8B21.3B21.6B23.6B27.1B28.5B
Liabilities And Stockholders Equity103.8B95.9B99.6B104.2B109.0B56.9B
Non Current Liabilities Total59.9B58.6B63.6B62.9B57.0B30.4B
Inventory1.7B1.6B1.6B1.7B1.7B1.1B
Other Current Assets1.2B866M1.8B2.6B20.9B22.0B
Total Liab69.8B69.4B72.3B76.4B81.5B41.8B
Property Plant And Equipment Gross69.1B57.8B86.5B91.2B83.4B87.6B
Total Current Assets6.1B6.9B7.3B9.9B25.4B26.7B
Accumulated Other Comprehensive Income(1.8B)(1.7B)(1.5B)(1.6B)(1.5B)(1.4B)
Short Term Debt4.1B3.1B3.2B6.8B11.0B11.6B
Common Stock23.8B21.3B21.6B23.6B23.7B24.9B
Other Liab25.3B24.1B25.4B23.2B26.7B28.0B
Other Assets16.4B12.8B20.5B13.0B14.9B15.7B
Long Term Debt33.8B34.0B37.4B38.8B33.1B24.1B
Intangible Assets791M765M784M868M945M1.6B
Property Plant Equipment69.1B57.8B59.8B415M477.3M453.4M
Current Deferred Revenue836M2.0B1.3B1.2B1.3B1.4B
Noncontrolling Interest In Consolidated Entity2.2B1.9B2.0B344M395.6M375.8M
Good Will8.9B7.4B7.4B7.3B4.1B5.6B
Retained Earnings Total Equity7.6B4.2B5.4B4.1B4.7B5.0B
Deferred Long Term Liab7.7B9.1B8.6B9.1B10.5B11.0B
Net Tangible Assets29.6B15.6B17.1B17.9B20.6B14.9B

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When determining whether Dominion Energy is a strong investment it is important to analyze Dominion Energy's 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 Dominion Energy's future performance. For an informed investment choice regarding Dominion Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominion Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.
Note that the Dominion Energy information on this page should be used as a complementary analysis to other Dominion Energy'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Dominion Energy's price analysis, check to measure Dominion Energy'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 Dominion Energy is operating at the current time. Most of Dominion Energy's value examination focuses on studying past and present price action to predict the probability of Dominion Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominion Energy's price. Additionally, you may evaluate how the addition of Dominion Energy to your portfolios can decrease your overall portfolio volatility.
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Is Dominion Energy'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 Dominion Energy. If investors know Dominion 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 Dominion Energy 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
(0.32)
Dividend Share
2.67
Earnings Share
2.31
Revenue Per Share
16.896
Quarterly Revenue Growth
(0.07)
The market value of Dominion Energy is measured differently than its book value, which is the value of Dominion that is recorded on the company's balance sheet. Investors also form their own opinion of Dominion Energy's value that differs from its market value or its book value, called intrinsic value, which is Dominion Energy'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 Dominion Energy's market value can be influenced by many factors that don't directly affect Dominion Energy'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 Dominion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominion Energy'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.