Consolidated Non Currrent Assets Other vs Other Current Liab 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 Non Currrent Assets Other and its Other Current Liab 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.

Non Currrent Assets Other vs Other Current Liab

Non Currrent Assets Other vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Consolidated Edison Non Currrent Assets Other account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Consolidated Edison's Non Currrent Assets Other and Other Current Liab is -0.13. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Liab 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 Non Currrent Assets Other and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Consolidated Edison are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Currrent Assets Other i.e., Consolidated Edison's Non Currrent Assets Other and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Liab

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 Profit7.7B7.7B7.4B6.2B
Total Revenue13.7B15.7B14.7B10.8B

Consolidated Edison fundamental ratios Correlations

0.980.960.650.850.820.970.960.950.930.760.940.150.730.690.620.740.670.480.970.770.79-0.6-0.36-0.60.68
0.980.970.610.860.770.980.970.980.920.780.940.080.750.660.560.660.640.411.00.740.84-0.68-0.4-0.680.67
0.960.970.540.820.840.991.00.950.860.80.970.140.750.650.650.630.60.510.950.660.86-0.54-0.3-0.540.71
0.650.610.540.880.20.520.530.520.730.540.4-0.130.540.440.140.720.41-0.050.610.960.6-0.27-0.11-0.270.33
0.850.860.820.880.50.810.820.810.870.760.71-0.080.750.580.360.680.510.160.860.910.9-0.5-0.25-0.50.55
0.820.770.840.20.50.820.850.770.640.660.920.470.610.620.850.540.60.830.730.390.58-0.36-0.23-0.360.68
0.970.980.990.520.810.820.990.980.870.780.970.090.740.640.610.610.590.460.970.640.84-0.61-0.34-0.610.69
0.960.971.00.530.820.850.990.950.860.790.970.140.750.650.650.630.60.520.950.650.85-0.54-0.3-0.540.71
0.950.980.950.520.810.770.980.950.90.780.93-0.020.750.680.570.630.570.410.970.660.81-0.68-0.35-0.680.72
0.930.920.860.730.870.640.870.860.90.760.81-0.070.720.770.520.780.680.340.920.850.73-0.63-0.38-0.630.7
0.760.780.80.540.760.660.780.790.780.760.770.040.960.840.750.620.740.580.770.650.76-0.55-0.39-0.550.88
0.940.940.970.40.710.920.970.970.930.810.770.310.720.640.750.570.60.640.910.550.77-0.57-0.35-0.570.71
0.150.080.14-0.13-0.080.470.090.14-0.02-0.070.040.310.0-0.040.46-0.060.210.560.07-0.08-0.020.01-0.230.01-0.07
0.730.750.750.540.750.610.740.750.750.720.960.720.00.820.690.610.70.530.740.630.76-0.58-0.42-0.580.84
0.690.660.650.440.580.620.640.650.680.770.840.64-0.040.820.790.720.830.660.650.590.49-0.57-0.5-0.570.94
0.620.560.650.140.360.850.610.650.570.520.750.750.460.690.790.470.710.960.530.290.42-0.35-0.38-0.350.84
0.740.660.630.720.680.540.610.630.630.780.620.57-0.060.610.720.470.60.340.640.850.45-0.23-0.03-0.240.59
0.670.640.60.410.510.60.590.60.570.680.740.60.210.70.830.710.60.640.650.550.41-0.58-0.63-0.580.7
0.480.410.51-0.050.160.830.460.520.410.340.580.640.560.530.660.960.340.640.370.110.26-0.21-0.32-0.210.7
0.971.00.950.610.860.730.970.950.970.920.770.910.070.740.650.530.640.650.370.740.83-0.72-0.44-0.720.65
0.770.740.660.960.910.390.640.650.660.850.650.55-0.080.630.590.290.850.550.110.740.66-0.36-0.15-0.360.45
0.790.840.860.60.90.580.840.850.810.730.760.77-0.020.760.490.420.450.410.260.830.66-0.48-0.24-0.480.56
-0.6-0.68-0.54-0.27-0.5-0.36-0.61-0.54-0.68-0.63-0.55-0.570.01-0.58-0.57-0.35-0.23-0.58-0.21-0.72-0.36-0.480.851.0-0.52
-0.36-0.4-0.3-0.11-0.25-0.23-0.34-0.3-0.35-0.38-0.39-0.35-0.23-0.42-0.5-0.38-0.03-0.63-0.32-0.44-0.15-0.240.850.85-0.39
-0.6-0.68-0.54-0.27-0.5-0.36-0.61-0.54-0.68-0.63-0.55-0.570.01-0.58-0.57-0.35-0.24-0.58-0.21-0.72-0.36-0.481.00.85-0.52
0.680.670.710.330.550.680.690.710.720.70.880.71-0.070.840.940.840.590.70.70.650.450.56-0.52-0.39-0.52
Click cells to compare fundamentals

Consolidated Edison Account Relationship Matchups

Consolidated Edison fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding329.5M335.7M349.4M355.8M349.3M290.5M
Total Assets58.1B62.9B63.1B69.1B66.3B38.4B
Short Long Term Debt Total22.5B25.1B25.4B24.4B25.0B13.0B
Other Current Liab1.6B1.6B1.6B5.2B1.6B1.3B
Total Current Liabilities6.3B7.4B5.4B11.3B6.5B4.0B
Total Stockholder Equity18.0B18.8B20.0B12.0B21.2B10.7B
Property Plant And Equipment Net44.7B47.4B49.4B47.3B50.1B27.6B
Net Debt21.6B23.8B24.4B23.1B23.8B12.5B
Retained Earnings11.1B11.2B11.4B12.0B13.4B8.2B
Accounts Payable1.2B1.5B1.5B2.0B1.8B1.1B
Cash981M1.3B992M1.3B1.2B1.2B
Non Current Assets Total53.8B57.6B57.6B48.1B59.8B32.5B
Non Currrent Assets Other5.0B6.4B5.5B(235M)316M300.2M
Cash And Short Term Investments981M1.3B992M1.3B1.2B1.2B
Liabilities And Stockholders Equity58.1B62.9B63.1B69.1B66.3B38.4B
Non Current Liabilities Total33.6B36.5B37.4B20.1B38.7B40.6B
Other Current Assets328M497M567M481M405M520.7M
Other Stockholder Equity6.9B7.7B8.6B(22M)7.7B8.1B
Total Liab39.9B43.8B42.8B48.2B45.2B26.2B
Total Current Assets4.3B5.3B5.6B13.0B6.5B3.6B
Short Term Debt3.2B3.9B2.0B3.8B2.7B1.4B
Property Plant And Equipment Gross44.7B47.4B48.6B46.8B64.3B67.5B
Other Liab14.2B15.2B14.0B16.2B18.6B19.6B
Other Assets5.4B6.9B6.1B8.0B9.2B6.7B
Long Term Debt18.5B20.4B22.6B20.1B21.9B13.2B
Intangible Assets131M1.7B1.6B1.5B1.3B0.0
Property Plant Equipment43.9B46.6B48.6B46.8B53.8B30.2B
Noncontrolling Interest In Consolidated Entity191M218M299M202M232.3M243.9M

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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.