Edison Tax Provision vs Other Operating Expenses Analysis
EIX Stock | USD 74.60 0.03 0.04% |
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 Tax Provision and its Other 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.
Tax Provision vs Other Operating Expenses
Tax Provision vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edison International Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Edison International's Tax Provision and Other Operating Expenses is -0.64. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other 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 Tax Provision and Other 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 Tax Provision of Edison International are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., Edison International's Tax Provision and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Edison International. It is also known as Edison International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.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
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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 |
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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 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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.