Eni Other Operating Expenses vs Operating Income 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 Other Operating Expenses and its Operating Income 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.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eni SPA's Other Operating Expenses and Operating Income is 0.66. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income 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 Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Eni SpA ADR are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Eni SPA's Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Operating Income
Operating Income is the amount of profit realized from Eni SpA ADR operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Eni SpA ADR is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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
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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 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 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 2.33 | 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.