Enterprise Total Stockholder Equity vs Current Deferred Revenue Analysis
EPD Stock | USD 28.95 0.18 0.63% |
Enterprise Products financial indicator trend analysis is much more than just examining Enterprise Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Products is a good investment. Please check the relationship between Enterprise Products Total Stockholder Equity and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Total Stockholder Equity vs Current Deferred Revenue
Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Products Total Stockholder Equity account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Enterprise Products' Total Stockholder Equity and Current Deferred Revenue is 0.11. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Enterprise Products Partners, assuming nothing else is changed. The correlation between historical values of Enterprise Products' Total Stockholder Equity and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Enterprise Products Partners are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Stockholder Equity i.e., Enterprise Products' Total Stockholder Equity and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Enterprise Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Products 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 Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At present, Enterprise Products' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.85, whereas Selling General Administrative is forecasted to decline to about 148.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.7B | 6.7B | 6.7B | 7.0B | Total Revenue | 40.8B | 58.2B | 49.7B | 27.8B |
Enterprise Products fundamental ratios Correlations
Click cells to compare fundamentals
Enterprise Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enterprise Products fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.7B | 64.1B | 67.5B | 68.1B | 71.0B | 35.9B | |
Short Long Term Debt Total | 27.6B | 29.9B | 29.9B | 28.6B | 29.1B | 15.8B | |
Other Current Liab | 633.6M | 957.9M | 880.1M | 9.4B | 1.1B | 1.8B | |
Total Current Liabilities | 9.1B | 9.0B | 11.6B | 12.3B | 13.1B | 13.8B | |
Total Stockholder Equity | 71.4M | (165.2M) | 285.9M | 26.6B | 27.7B | 29.1B | |
Property Plant And Equipment Net | 41.6B | 41.9B | 42.1B | 44.4B | 45.8B | 23.6B | |
Net Debt | 27.3B | 28.8B | 27.1B | 28.6B | 28.9B | 15.5B | |
Accounts Payable | 1.2B | 854.1M | 798.6M | 975M | 1.2B | 657.3M | |
Cash | 334.7M | 1.1B | 2.8B | 76M | 180M | 240.1M | |
Non Current Assets Total | 53.9B | 54.2B | 54.3B | 57.5B | 58.7B | 30.6B | |
Non Currrent Assets Other | 472.5M | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | |
Cash And Short Term Investments | 334.7M | 1.1B | 2.8B | 76M | 180M | 244.9M | |
Net Receivables | 4.9B | 4.8B | 7.0B | 7.0B | 7.8B | 8.2B | |
Common Stock Shares Outstanding | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B | 1.5B | |
Liabilities And Stockholders Equity | 37.0B | 39.8B | 42.2B | 68.1B | 42.2B | 29.3B | |
Non Current Liabilities Total | 26.8B | 29.7B | 29.5B | 28.1B | 29.1B | 15.3B | |
Inventory | 2.1B | 3.3B | 2.7B | 2.6B | 3.4B | 3.5B | |
Other Current Assets | 560.7M | 737.8M | 781.2M | 394M | 457M | 408.2M | |
Other Stockholder Equity | (24.7B) | 165.2M | (285.9M) | 26.3B | (1.3B) | (1.2B) | |
Total Liab | 35.9B | 38.7B | 41.1B | 40.4B | 42.2B | 21.3B | |
Property Plant And Equipment Gross | 41.6B | 41.9B | 42.1B | 63.2B | 66.3B | 69.6B | |
Total Current Assets | 7.9B | 9.9B | 13.3B | 10.6B | 12.2B | 12.9B | |
Accumulated Other Comprehensive Income | 71.4M | (165.2M) | 285.9M | 365M | 307M | 322.4M | |
Short Term Debt | 2.0B | 1.3B | 1.4B | 1.7B | 1.3B | 1.3B | |
Intangible Assets | 3.4B | 3.3B | 3.2B | 4.0B | 3.8B | 2.3B | |
Common Stock | 24.7B | 25.8B | 26.3B | 27.6B | 28.7B | 30.1B | |
Other Liab | 954.4M | 819.5M | 939.2M | 1.2B | 1.4B | 1.4B | |
Other Assets | 262.3M | 3.5B | 795M | 819M | 41.3B | 43.3B | |
Long Term Debt | 25.6B | 28.5B | 28.1B | 26.6B | 27.4B | 16.0B | |
Property Plant Equipment | 41.6B | 41.9B | 42.4B | 44.8B | 51.5B | 54.1B | |
Short Term Investments | 127.2M | 228.6M | 236.5M | 469M | 347M | 364.4M | |
Current Deferred Revenue | 5.3B | 5.9B | 8.5B | 181M | 9.6B | 10.0B | |
Net Tangible Assets | 22.4B | 22.1B | 16.3B | 17.1B | 19.6B | 17.1B | |
Long Term Debt Total | 25.6B | 28.5B | 28.1B | 26.6B | 30.5B | 22.5B | |
Deferred Long Term Liab | 80.4M | 100.4M | 464.7M | 518M | 595.7M | 625.5M | |
Long Term Investments | 2.6B | 2.4B | 2.4B | 2.4B | 2.3B | 2.7B | |
Non Current Liabilities Other | 1.0B | 686.6M | 11.2M | 8M | 9.2M | 8.7M | |
Short Long Term Debt | 2.0B | 1.3B | 1.4B | 1.7B | 1.3B | 1.5B |
Pair Trading with Enterprise Products
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 Enterprise Products 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 Enterprise Products will appreciate offsetting losses from the drop in the long position's value.Moving together with Enterprise Stock
0.89 | AM | Antero Midstream Partners | PairCorr |
0.92 | ET | Energy Transfer LP | PairCorr |
Moving against Enterprise Stock
0.58 | PXSAW | Pyxis Tankers | PairCorr |
0.43 | CQP | Cheniere Energy Partners | PairCorr |
The ability to find closely correlated positions to Enterprise Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Products 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 Enterprise Products - 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 Enterprise Products Partners to buy it.
The correlation of Enterprise Products 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 Enterprise Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Products 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 Enterprise Products 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 Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Enterprise Products' price analysis, check to measure Enterprise Products' 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 Enterprise Products is operating at the current time. Most of Enterprise Products' value examination focuses on studying past and present price action to predict the probability of Enterprise Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Products' price. Additionally, you may evaluate how the addition of Enterprise Products to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Products' 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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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 0.042 | Dividend Share 2.03 | Earnings Share 2.55 | Revenue Per Share 23.961 | Quarterly Revenue Growth 0.186 |
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' 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 Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' 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 Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' 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.