Excelerate Net Invested Capital vs Retained Earnings Analysis
EE Stock | USD 18.21 0.13 0.72% |
Excelerate Energy financial indicator trend analysis is much more than just examining Excelerate Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Excelerate Energy is a good investment. Please check the relationship between Excelerate Energy Net Invested Capital and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excelerate 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 income. For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.
Net Invested Capital vs Retained Earnings
Net Invested Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Excelerate Energy Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Excelerate Energy's Net Invested Capital and Retained Earnings is 0.37. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Excelerate Energy, assuming nothing else is changed. The correlation between historical values of Excelerate Energy's Net Invested Capital and Retained Earnings 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 Invested Capital of Excelerate Energy are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., Excelerate Energy's Net Invested Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Excelerate Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Excelerate 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 Excelerate 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 income. For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.As of May 9, 2024, Tax Provision is expected to decline to about 26.2 M. In addition to that, Selling General Administrative is expected to decline to about 60.9 M
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 888.6M | 2.5B | 1.2B | 906.6M | Depreciation And Amortization | 146.2M | 138.9M | 130.8M | 76.5M |
Excelerate Energy fundamental ratios Correlations
Click cells to compare fundamentals
Excelerate Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Excelerate Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.3B | 2.5B | 2.9B | 2.9B | 2.5B | |
Short Long Term Debt Total | 1.3B | 1.3B | 1.0B | 715.9M | 774.6M | 1.1B | |
Other Current Liab | 50.4M | 65.2M | 105.0M | 66.9M | 88.1M | 130.5M | |
Total Current Liabilities | 158.6M | 192.2M | 520.2M | 391.5M | 203.8M | 212.0M | |
Total Stockholder Equity | 854.2M | 887.1M | 1.1B | 477.4M | 505.4M | 711.3M | |
Property Plant And Equipment Net | 1.6B | 1.6B | 1.5B | 1.5B | 1.7B | 1.8B | |
Net Debt | 1.2B | 1.2B | 945.4M | 199.2M | 216.1M | 205.3M | |
Retained Earnings | 1.2B | 1.2B | 0.0 | 12.0M | 39.8M | 37.8M | |
Accounts Payable | 6.2M | 7.1M | 311.6M | 96.8M | 13.8M | 13.1M | |
Cash | 53.8M | 90.2M | 72.8M | 516.7M | 558.5M | 586.4M | |
Non Current Assets Total | 2.0B | 2.1B | 2.0B | 2.0B | 2.2B | 2.1B | |
Non Currrent Assets Other | 22.9M | 30.3M | 36.0M | 45.0M | 42.4M | 40.3M | |
Cash And Short Term Investments | 62.5M | 100.5M | 85.0M | 530.0M | 558.5M | 586.4M | |
Net Receivables | 24.7M | 30.1M | 281.7M | 82.3M | 127.9M | 88.4M | |
Liabilities And Stockholders Equity | 2.1B | 2.3B | 2.5B | 2.9B | 2.9B | 2.5B | |
Non Current Liabilities Total | 1.2B | 1.3B | 976.6M | 778.6M | 849.2M | 1.3B | |
Inventory | 5.2M | 22.4M | 105.0M | 173.6M | 2.9M | 2.8M | |
Other Current Assets | 7.2M | 14.9M | 18.7M | 35.0M | 10.3M | 9.8M | |
Other Stockholder Equity | (9.5M) | (15.0M) | (6.8M) | 464.7M | 465.1M | 738.4M | |
Total Liab | 1.4B | 1.5B | 1.5B | 1.2B | 1.1B | 1.7B | |
Total Current Assets | 99.6M | 167.8M | 490.4M | 823.5M | 699.6M | 734.6M | |
Common Stock | 863.8M | 902.1M | 1.1B | 108K | 124.2K | 118.0K | |
Accumulated Other Comprehensive Income | (9.5M) | (15.0M) | (9.2M) | 515K | 505.0K | 530.2K |
Pair Trading with Excelerate Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Excelerate Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Excelerate Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Excelerate Stock
0.79 | AM | Antero Midstream Partners Sell-off Trend | PairCorr |
0.81 | ET | Energy Transfer LP Aggressive Push | PairCorr |
Moving against Excelerate Stock
0.51 | EURN | Euronav NV | PairCorr |
0.48 | TK | Teekay | PairCorr |
The ability to find closely correlated positions to Excelerate Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excelerate Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Excelerate Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Excelerate Energy to buy it.
The correlation of Excelerate Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Excelerate Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excelerate Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Excelerate Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excelerate 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 income. For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.Note that the Excelerate Energy information on this page should be used as a complementary analysis to other Excelerate 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Excelerate Energy's price analysis, check to measure Excelerate 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 Excelerate Energy is operating at the current time. Most of Excelerate Energy's value examination focuses on studying past and present price action to predict the probability of Excelerate 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 Excelerate Energy's price. Additionally, you may evaluate how the addition of Excelerate Energy to your portfolios can decrease your overall portfolio volatility.
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Is Excelerate 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 Excelerate Energy. If investors know Excelerate 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 Excelerate 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 (0.43) | Dividend Share 0.1 | Earnings Share 1.11 | Revenue Per Share 44.141 | Quarterly Revenue Growth (0.47) |
The market value of Excelerate Energy is measured differently than its book value, which is the value of Excelerate that is recorded on the company's balance sheet. Investors also form their own opinion of Excelerate Energy's value that differs from its market value or its book value, called intrinsic value, which is Excelerate 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 Excelerate Energy's market value can be influenced by many factors that don't directly affect Excelerate 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 Excelerate Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Excelerate Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Excelerate 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.