Edison Income Before Tax vs Depreciation And Amortization Analysis

EIX Stock  USD 75.86  0.44  0.58%   
Edison International financial indicator trend analysis is much more than just examining Edison International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edison International is a good investment. Please check the relationship between Edison International Income Before Tax and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edison International Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Edison International's Income Before Tax and Depreciation And Amortization is -0.09. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Edison International, assuming nothing else is changed. The correlation between historical values of Edison International's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Edison International are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Edison International's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Edison International income statement and is an important metric when analyzing Edison International profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Edison International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edison International 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 Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.At this time, Edison International's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 40.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 18.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.7B6.1B6.7B4.9B
Total Revenue14.9B17.2B16.3B11.9B

Edison International fundamental ratios Correlations

0.140.140.060.280.220.140.13-0.570.00.10.130.570.10.380.260.120.150.11-0.070.14-0.140.270.440.11-0.13
0.140.750.530.860.970.990.750.440.95-0.031.00.46-0.030.860.690.990.520.71-0.111.00.730.810.750.430.86
0.140.750.420.770.710.661.0-0.010.680.070.720.60.070.810.960.740.590.96-0.360.760.940.860.750.620.5
0.060.530.420.690.460.520.430.230.54-0.140.530.4-0.140.60.470.490.250.360.230.540.440.430.430.310.5
0.280.860.770.690.880.840.760.280.840.060.840.560.060.840.730.790.390.740.00.850.680.810.940.390.65
0.220.970.710.460.880.960.720.460.91-0.020.970.51-0.020.810.680.940.450.67-0.060.950.670.760.820.390.82
0.140.990.660.520.840.960.660.510.93-0.020.990.41-0.020.80.590.980.460.62-0.050.980.660.750.730.360.9
0.130.751.00.430.760.720.66-0.010.680.030.720.60.030.810.960.740.570.96-0.330.760.940.850.740.60.51
-0.570.44-0.010.230.280.460.51-0.010.51-0.090.48-0.33-0.090.05-0.130.42-0.05-0.030.30.420.20.040.14-0.070.69
0.00.950.680.540.840.910.930.680.510.020.940.410.020.790.60.930.510.69-0.130.950.660.80.70.420.78
0.1-0.030.07-0.140.06-0.02-0.020.03-0.090.02-0.07-0.021.0-0.01-0.07-0.030.5-0.02-0.59-0.02-0.070.30.150.53-0.19
0.131.00.720.530.840.970.990.720.480.94-0.070.45-0.070.830.660.990.490.68-0.070.990.710.780.730.40.88
0.570.460.60.40.560.510.410.6-0.330.41-0.020.45-0.020.530.720.440.350.53-0.080.470.370.510.550.450.24
0.1-0.030.07-0.140.06-0.02-0.020.03-0.090.021.0-0.07-0.02-0.01-0.07-0.030.5-0.02-0.59-0.02-0.070.30.150.53-0.19
0.380.860.810.60.840.810.80.810.050.79-0.010.830.53-0.010.80.850.640.8-0.280.870.710.90.770.550.54
0.260.690.960.470.730.680.590.96-0.130.6-0.070.660.72-0.070.80.680.540.91-0.250.70.870.790.710.580.43
0.120.990.740.490.790.940.980.740.420.93-0.030.990.44-0.030.850.680.570.71-0.170.990.730.810.680.460.85
0.150.520.590.250.390.450.460.57-0.050.510.50.490.350.50.640.540.570.5-0.770.550.490.740.320.940.22
0.110.710.960.360.740.670.620.96-0.030.69-0.020.680.53-0.020.80.910.710.5-0.280.730.90.870.730.490.44
-0.07-0.11-0.360.230.0-0.06-0.05-0.330.3-0.13-0.59-0.07-0.08-0.59-0.28-0.25-0.17-0.77-0.28-0.14-0.23-0.45-0.07-0.70.19
0.141.00.760.540.850.950.980.760.420.95-0.020.990.47-0.020.870.70.990.550.73-0.140.740.830.740.460.85
-0.140.730.940.440.680.670.660.940.20.66-0.070.710.37-0.070.710.870.730.490.9-0.230.740.750.610.50.62
0.270.810.860.430.810.760.750.850.040.80.30.780.510.30.90.790.810.740.87-0.450.830.750.790.670.46
0.440.750.750.430.940.820.730.740.140.70.150.730.550.150.770.710.680.320.73-0.070.740.610.790.330.5
0.110.430.620.310.390.390.360.6-0.070.420.530.40.450.530.550.580.460.940.49-0.70.460.50.670.330.17
-0.130.860.50.50.650.820.90.510.690.78-0.190.880.24-0.190.540.430.850.220.440.190.850.620.460.50.17
Click cells to compare fundamentals

Edison International Account Relationship Matchups

Edison International fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding341M374M380M383M385M297.7M
Total Assets64.4B69.4B74.7B78.0B81.8B49.1B
Short Long Term Debt Total19.6B24.1B29.5B33.1B35.3B37.1B
Other Current Liab2.4B4.4B2.4B2.7B2.5B2.6B
Total Current Liabilities5.5B10.3B8.6B10.3B8.6B6.4B
Total Stockholder Equity13.3B14.0B15.9B15.6B15.5B10.3B
Property Plant And Equipment Net45.0B48.9B52.6B54.9B57.3B28.7B
Net Debt19.5B24.1B29.1B32.2B35.0B36.7B
Retained Earnings8.4B8.2B7.9B7.5B7.5B6.5B
Accounts Payable1.8B2.0B2.0B2.4B2.0B1.4B
Cash68M87M390M914M345M327.8M
Non Current Assets Total60.8B64.3B69.3B71.0B74.9B44.3B
Non Currrent Assets Other11.2B10.5B11.7B11.4B4.0B6.7B
Cash And Short Term Investments68M87M390M914M345M327.8M
Net Receivables1.4B2.4B2.2B2.3B2.8B1.6B
Common Stock Total Equity5.0B6.0B6.1B6.2B7.1B7.5B
Liabilities And Stockholders Equity64.4B69.4B74.7B78.0B81.8B49.1B
Non Current Liabilities Total43.4B43.1B48.3B50.2B55.2B31.6B
Inventory364M405M420M474M527M397.1M
Other Current Assets1.4B1.9B2.2B3.1B3.1B3.2B
Other Stockholder Equity13.3B14.0B(54M)2.0B1.8B1.7B
Total Liab48.9B53.4B57.0B60.5B63.8B37.6B
Property Plant And Equipment Gross45.0B48.9B50.7B53.5B70.3B73.8B
Total Current Assets3.6B5.1B5.5B7.1B6.8B4.8B
Short Term Debt1.1B3.6B4.0B5.1B3.9B2.2B
Common Stock5.0B6.0B6.1B6.2B6.3B6.7B
Other Liab24.9B22.6B22.8B22.2B25.5B15.0B
Current Deferred Revenue299M302M243M167M177M347.6M
Other Assets15.9B15.3B16.7B11.6B13.3B9.0B
Long Term Debt17.9B19.6B24.2B27.0B30.3B15.2B
Property Plant Equipment44.3B47.8B50.7B1.7B1.9B1.8B
Short Term Investments105M171M81M53M47.7M71.1M
Net Tangible Assets13.3B14.0B13.9B13.6B15.7B12.8B
Retained Earnings Total Equity8.4B8.2B7.9B7.5B8.6B8.4B
Long Term Debt Total17.9B19.6B24.2B27.0B31.1B16.3B

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When determining whether Edison International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edison International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edison International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edison International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Edison International's price analysis, check to measure Edison International'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 Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.
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Is Edison International'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 Edison International. If investors know Edison 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 Edison International 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
(0.09)
Dividend Share
3.035
Earnings Share
2.27
Revenue Per Share
42.894
Quarterly Revenue Growth
0.028
The market value of Edison International is measured differently than its book value, which is the value of Edison that is recorded on the company's balance sheet. Investors also form their own opinion of Edison International's value that differs from its market value or its book value, called intrinsic value, which is Edison International'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 Edison International's market value can be influenced by many factors that don't directly affect Edison International'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 Edison International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edison International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edison International'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.