Edison Minority Interest vs Total Operating Expenses 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 Minority Interest and its Total Operating Expenses 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.
Minority Interest vs Total Operating Expenses
Minority Interest vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edison International Minority Interest account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Edison International's Minority Interest and Total Operating Expenses is 0.27. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Operating Expenses 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 Minority Interest and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Edison International are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Minority Interest i.e., Edison International's Minority Interest and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Edison International whose combined shares represent less than 50% of the total outstanding shares issued by Edison International have a minority interest in Edison International.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 Profit | 5.7B | 6.1B | 6.7B | 4.9B | Total Revenue | 14.9B | 17.2B | 16.3B | 11.9B |
Edison International fundamental ratios Correlations
Click cells to compare fundamentals
Edison International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edison International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 341M | 374M | 380M | 383M | 385M | 297.7M | |
Total Assets | 64.4B | 69.4B | 74.7B | 78.0B | 81.8B | 49.1B | |
Short Long Term Debt Total | 19.6B | 24.1B | 29.5B | 33.1B | 35.3B | 37.1B | |
Other Current Liab | 2.4B | 4.4B | 2.4B | 2.7B | 2.5B | 2.6B | |
Total Current Liabilities | 5.5B | 10.3B | 8.6B | 10.3B | 8.6B | 6.4B | |
Total Stockholder Equity | 13.3B | 14.0B | 15.9B | 15.6B | 15.5B | 10.3B | |
Property Plant And Equipment Net | 45.0B | 48.9B | 52.6B | 54.9B | 57.3B | 28.7B | |
Net Debt | 19.5B | 24.1B | 29.1B | 32.2B | 35.0B | 36.7B | |
Retained Earnings | 8.4B | 8.2B | 7.9B | 7.5B | 7.5B | 6.5B | |
Accounts Payable | 1.8B | 2.0B | 2.0B | 2.4B | 2.0B | 1.4B | |
Cash | 68M | 87M | 390M | 914M | 345M | 327.8M | |
Non Current Assets Total | 60.8B | 64.3B | 69.3B | 71.0B | 74.9B | 44.3B | |
Non Currrent Assets Other | 11.2B | 10.5B | 11.7B | 11.4B | 4.0B | 6.7B | |
Cash And Short Term Investments | 68M | 87M | 390M | 914M | 345M | 327.8M | |
Net Receivables | 1.4B | 2.4B | 2.2B | 2.3B | 2.8B | 1.6B | |
Common Stock Total Equity | 5.0B | 6.0B | 6.1B | 6.2B | 7.1B | 7.5B | |
Liabilities And Stockholders Equity | 64.4B | 69.4B | 74.7B | 78.0B | 81.8B | 49.1B | |
Non Current Liabilities Total | 43.4B | 43.1B | 48.3B | 50.2B | 55.2B | 31.6B | |
Inventory | 364M | 405M | 420M | 474M | 527M | 397.1M | |
Other Current Assets | 1.4B | 1.9B | 2.2B | 3.1B | 3.1B | 3.2B | |
Other Stockholder Equity | 13.3B | 14.0B | (54M) | 2.0B | 1.8B | 1.7B | |
Total Liab | 48.9B | 53.4B | 57.0B | 60.5B | 63.8B | 37.6B | |
Property Plant And Equipment Gross | 45.0B | 48.9B | 50.7B | 53.5B | 70.3B | 73.8B | |
Total Current Assets | 3.6B | 5.1B | 5.5B | 7.1B | 6.8B | 4.8B | |
Short Term Debt | 1.1B | 3.6B | 4.0B | 5.1B | 3.9B | 2.2B | |
Common Stock | 5.0B | 6.0B | 6.1B | 6.2B | 6.3B | 6.7B | |
Other Liab | 24.9B | 22.6B | 22.8B | 22.2B | 25.5B | 15.0B | |
Current Deferred Revenue | 299M | 302M | 243M | 167M | 177M | 347.6M | |
Other Assets | 15.9B | 15.3B | 16.7B | 11.6B | 13.3B | 9.0B | |
Long Term Debt | 17.9B | 19.6B | 24.2B | 27.0B | 30.3B | 15.2B | |
Property Plant Equipment | 44.3B | 47.8B | 50.7B | 1.7B | 1.9B | 1.8B | |
Short Term Investments | 105M | 171M | 81M | 53M | 47.7M | 71.1M | |
Net Tangible Assets | 13.3B | 14.0B | 13.9B | 13.6B | 15.7B | 12.8B | |
Retained Earnings Total Equity | 8.4B | 8.2B | 7.9B | 7.5B | 8.6B | 8.4B | |
Long Term Debt Total | 17.9B | 19.6B | 24.2B | 27.0B | 31.1B | 16.3B |
Also Currently Popular
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 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Edison Stock analysis
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.
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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.