Consolidated Inventory vs Common Stock Analysis
ED Stock | USD 96.13 0.21 0.22% |
Consolidated Edison financial indicator trend analysis is way more than just evaluating Consolidated Edison prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consolidated Edison is a good investment. Please check the relationship between Consolidated Edison Inventory and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. 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 Consolidated Stock refer to our How to Trade Consolidated Stock guide.
Inventory vs Common Stock
Inventory vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Consolidated Edison Inventory account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Consolidated Edison's Inventory and Common Stock is -0.23. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock in the same time period over historical financial statements of Consolidated Edison, assuming nothing else is changed. The correlation between historical values of Consolidated Edison's Inventory and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Consolidated Edison are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Inventory i.e., Consolidated Edison's Inventory and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Common Stock
Most indicators from Consolidated Edison's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consolidated Edison 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 Consolidated Edison. 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 Consolidated Stock refer to our How to Trade Consolidated Stock guide.As of May 23, 2024, Selling General Administrative is expected to decline to about 3.3 B. In addition to that, Tax Provision is expected to decline to about 332.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.7B | 7.7B | 7.4B | 6.2B | Total Revenue | 13.7B | 15.7B | 14.7B | 10.8B |
Consolidated Edison fundamental ratios Correlations
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Consolidated Edison Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Consolidated Edison fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 329.5M | 335.7M | 349.4M | 355.8M | 349.3M | 290.5M | |
Total Assets | 58.1B | 62.9B | 63.1B | 69.1B | 66.3B | 38.4B | |
Short Long Term Debt Total | 22.5B | 25.1B | 25.4B | 24.4B | 25.0B | 13.0B | |
Other Current Liab | 1.6B | 1.6B | 1.6B | 5.2B | 1.6B | 1.3B | |
Total Current Liabilities | 6.3B | 7.4B | 5.4B | 11.3B | 6.5B | 4.0B | |
Total Stockholder Equity | 18.0B | 18.8B | 20.0B | 12.0B | 21.2B | 10.7B | |
Property Plant And Equipment Net | 44.7B | 47.4B | 49.4B | 47.3B | 50.1B | 27.6B | |
Net Debt | 21.6B | 23.8B | 24.4B | 23.1B | 23.8B | 12.5B | |
Retained Earnings | 11.1B | 11.2B | 11.4B | 12.0B | 13.4B | 8.2B | |
Accounts Payable | 1.2B | 1.5B | 1.5B | 2.0B | 1.8B | 1.1B | |
Cash | 981M | 1.3B | 992M | 1.3B | 1.2B | 1.2B | |
Non Current Assets Total | 53.8B | 57.6B | 57.6B | 48.1B | 59.8B | 32.5B | |
Non Currrent Assets Other | 5.0B | 6.4B | 5.5B | (235M) | 316M | 300.2M | |
Cash And Short Term Investments | 981M | 1.3B | 992M | 1.3B | 1.2B | 1.2B | |
Liabilities And Stockholders Equity | 58.1B | 62.9B | 63.1B | 69.1B | 66.3B | 38.4B | |
Non Current Liabilities Total | 33.6B | 36.5B | 37.4B | 20.1B | 38.7B | 40.6B | |
Other Current Assets | 328M | 497M | 567M | 481M | 405M | 520.7M | |
Other Stockholder Equity | 6.9B | 7.7B | 8.6B | (22M) | 7.7B | 8.1B | |
Total Liab | 39.9B | 43.8B | 42.8B | 48.2B | 45.2B | 26.2B | |
Total Current Assets | 4.3B | 5.3B | 5.6B | 13.0B | 6.5B | 3.6B | |
Short Term Debt | 3.2B | 3.9B | 2.0B | 3.8B | 2.7B | 1.4B | |
Property Plant And Equipment Gross | 44.7B | 47.4B | 48.6B | 46.8B | 64.3B | 67.5B | |
Other Liab | 14.2B | 15.2B | 14.0B | 16.2B | 18.6B | 19.6B | |
Other Assets | 5.4B | 6.9B | 6.1B | 8.0B | 9.2B | 6.7B | |
Long Term Debt | 18.5B | 20.4B | 22.6B | 20.1B | 21.9B | 13.2B | |
Intangible Assets | 131M | 1.7B | 1.6B | 1.5B | 1.3B | 0.0 | |
Property Plant Equipment | 43.9B | 46.6B | 48.6B | 46.8B | 53.8B | 30.2B | |
Noncontrolling Interest In Consolidated Entity | 191M | 218M | 299M | 202M | 232.3M | 243.9M |
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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 Consolidated Edison is a strong investment it is important to analyze Consolidated Edison'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 Consolidated Edison's future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. 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 Consolidated Stock refer to our How to Trade Consolidated Stock guide.Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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When running Consolidated Edison's price analysis, check to measure Consolidated Edison'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 Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
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Is Consolidated Edison'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 Consolidated Edison. If investors know Consolidated 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 Consolidated Edison 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 (0.49) | Dividend Share 3.26 | Earnings Share 5.24 | Revenue Per Share 42.041 | Quarterly Revenue Growth (0.03) |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison'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 Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison'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 Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison'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.