Eni Minority Interest vs Other Operating Expenses Analysis

E Stock  USD 31.70  0.48  1.49%   
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 Minority Interest and its Other Operating Expenses 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.

Minority Interest vs Other Operating Expenses

Minority Interest vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Minority Interest account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eni SPA's Minority Interest and Other Operating Expenses is 0.46. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses 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 Minority Interest and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Eni SpA ADR are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., Eni SPA's Minority Interest and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Eni SpA ADR whose combined shares represent less than 50% of the total outstanding shares issued by Eni SPA have a minority interest in Eni SPA.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eni SpA ADR. It is also known as Eni SPA overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Income1.1B8.4B7.4B7.8B
Tax Provision5.0B8.2B4.2B4.9B

Eni SPA fundamental ratios Correlations

0.790.420.930.940.760.640.240.880.480.930.050.460.740.230.890.850.44-0.270.970.210.90.770.34-0.050.45
0.790.550.760.580.540.850.480.510.530.760.00.580.310.640.920.530.57-0.390.890.380.670.750.24-0.170.61
0.420.550.620.190.280.430.490.220.580.3-0.140.680.10.510.490.260.77-0.360.550.570.560.45-0.11-0.560.54
0.930.760.620.810.650.610.330.870.490.80.030.530.670.360.80.810.71-0.280.940.180.940.730.27-0.080.54
0.940.580.190.810.690.450.080.870.380.860.030.320.84-0.050.710.80.21-0.140.840.110.830.720.340.020.31
0.760.540.280.650.690.440.190.70.340.870.030.290.380.180.80.730.23-0.240.750.110.540.360.34-0.040.24
0.640.850.430.610.450.440.210.380.090.670.210.190.320.480.750.420.47-0.580.710.370.480.660.54-0.180.32
0.240.480.490.330.080.190.210.160.740.29-0.110.73-0.190.70.370.240.52-0.340.350.480.160.2-0.12-0.480.48
0.880.510.220.870.870.70.380.160.340.810.150.310.790.110.670.940.46-0.160.82-0.040.820.480.370.110.31
0.480.530.580.490.380.340.090.740.340.4-0.30.920.130.460.530.370.43-0.10.540.50.480.39-0.31-0.490.58
0.930.760.30.80.860.870.670.290.810.40.240.320.610.240.90.860.32-0.460.90.290.680.640.53-0.130.26
0.050.0-0.140.030.030.030.21-0.110.15-0.30.24-0.50.31-0.180.070.4-0.14-0.580.020.28-0.07-0.110.63-0.18-0.62
0.460.580.680.530.320.290.190.730.310.920.32-0.50.040.580.520.260.61-0.020.550.410.520.43-0.4-0.40.84
0.740.310.10.670.840.380.32-0.190.790.130.610.310.04-0.270.430.770.13-0.130.610.10.750.510.37-0.020.0
0.230.640.510.36-0.050.180.480.70.110.460.24-0.180.58-0.270.490.140.66-0.140.420.190.210.23-0.2-0.140.59
0.890.920.490.80.710.80.750.370.670.530.90.070.520.430.490.710.44-0.340.950.330.720.650.28-0.140.5
0.850.530.260.810.80.730.420.240.940.370.860.40.260.770.140.710.38-0.350.80.190.730.40.44-0.110.14
0.440.570.770.710.210.230.470.520.460.430.32-0.140.610.130.660.440.38-0.290.570.190.580.370.04-0.180.65
-0.27-0.39-0.36-0.28-0.14-0.24-0.58-0.34-0.16-0.1-0.46-0.58-0.02-0.13-0.14-0.34-0.35-0.29-0.3-0.7-0.05-0.28-0.760.630.18
0.970.890.550.940.840.750.710.350.820.540.90.020.550.610.420.950.80.57-0.30.250.880.760.29-0.090.55
0.210.380.570.180.110.110.370.48-0.040.50.290.280.410.10.190.330.190.19-0.70.250.10.280.17-0.950.05
0.90.670.560.940.830.540.480.160.820.480.68-0.070.520.750.210.720.730.58-0.050.880.10.720.080.010.56
0.770.750.450.730.720.360.660.20.480.390.64-0.110.430.510.230.650.40.37-0.280.760.280.720.23-0.10.47
0.340.24-0.110.270.340.340.54-0.120.37-0.310.530.63-0.40.37-0.20.280.440.04-0.760.290.170.080.23-0.08-0.39
-0.05-0.17-0.56-0.080.02-0.04-0.18-0.480.11-0.49-0.13-0.18-0.4-0.02-0.14-0.14-0.11-0.180.63-0.09-0.950.01-0.1-0.080.02
0.450.610.540.540.310.240.320.480.310.580.26-0.620.840.00.590.50.140.650.180.550.050.560.47-0.390.02
Click cells to compare fundamentals

Eni SPA Account Relationship Matchups

Eni SPA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.4B109.6B137.8B152.2B146.4B95.1B
Short Long Term Debt Total30.2B31.7B33.1B31.9B39.1B23.6B
Other Current Liab5.5B3.4B14.8B12.2B13.3B13.9B
Total Current Liabilities29.6B23.7B43.3B48.8B36.1B26.3B
Total Stockholder Equity47.8B37.4B44.4B54.8B48.1B37.2B
Property Plant And Equipment Net67.5B58.6B61.1B60.8B61.1B52.1B
Net Debt24.2B22.3B24.9B21.7B29.0B19.1B
Retained Earnings37.6B25.4B28.6B37.3B37.8B39.6B
Accounts Payable15.5B12.9B21.7B25.7B14.2B12.6B
Cash6.0B9.4B8.3B10.2B10.2B10.7B
Non Current Assets Total88.5B76.7B79.9B90.3B99.7B71.7B
Non Currrent Assets Other2.4B2.4B2.2B4.2B7.7B4.4B
Cash And Short Term Investments13.1B15.2B18.9B19.9B17.0B17.8B
Net Receivables13.1B11.1B19.0B21.2B17.9B16.9B
Common Stock Shares Outstanding3.6B3.6B3.6B3.5B3.3B2.4B
Liabilities And Stockholders Equity123.4B109.6B137.8B152.2B146.4B108.2B
Non Current Liabilities Total45.9B48.5B50.0B48.1B61.7B34.1B
Inventory4.7B3.9B6.1B7.7B6.2B4.9B
Other Current Assets4.0B2.7B13.6B12.8B5.6B5.9B
Total Liab75.5B72.2B93.2B96.9B97.8B56.3B
Property Plant And Equipment Gross68.6B58.1B61.1B60.8B203.7B213.9B
Total Current Assets34.9B32.9B57.9B61.9B46.7B32.0B
Accumulated Other Comprehensive Income7.2B8.6B12.8B16.3B8.7B12.2B
Short Term Debt6.5B5.6B5.0B8.4B8.1B4.7B
Intangible Assets763M751M1.0B1.6B3.2B2.0B
Short Term Investments7.1B5.8B10.6B9.8B6.8B3.6B
Other Liab22.2B22.4B21.8B24.7B28.4B19.5B
Other Assets7.9B6.5B6.7B8.1B9.3B7.2B
Long Term Debt18.9B21.9B23.7B19.4B21.7B18.6B
Property Plant Equipment67.5B58.1B61.0B60.8B69.9B66.1B
Current Deferred Revenue2.1B1.7B1.8B2.5B437M415.2M
Good Will1.3B1.3B2.9B3.1B3.2B1.7B
Net Tangible Assets44.8B34.1B39.9B49.2B56.6B41.0B
Long Term Investments11.1B8.7B9.6B15.2B13.9B8.7B
Short Long Term Debt5.1B4.8B4.1B7.5B6.1B4.5B

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When determining whether Eni SpA ADR is a strong investment it is important to analyze Eni SPA'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 Eni SPA's future performance. For an informed investment choice regarding Eni Stock, refer to the following important reports:
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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
2.33
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.