FirstEnergy Non Current Liabilities Total vs Accounts Payable Analysis
| FE Stock | USD 38.99 0.46 1.19% |
FirstEnergy financial indicator trend analysis is much more than just examining FirstEnergy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FirstEnergy is a good investment. Please check the relationship between FirstEnergy Non Current Liabilities Total and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. 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 FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
Non Current Liabilities Total vs Accounts Payable
Non Current Liabilities Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstEnergy Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between FirstEnergy's Non Current Liabilities Total and Accounts Payable is 0.35. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of FirstEnergy, assuming nothing else is changed. The correlation between historical values of FirstEnergy's Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of FirstEnergy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., FirstEnergy's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Non Current Liabilities Total
Accounts Payable
An accounting item on the balance sheet that represents FirstEnergy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FirstEnergy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from FirstEnergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FirstEnergy 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 FirstEnergy. 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 FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.At present, FirstEnergy's Tax Provision is projected to increase significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.7B | 7.9B | 8.2B | 8.2B | Total Revenue | 11.1B | 12.5B | 12.9B | 12.9B |
FirstEnergy fundamental ratios Correlations
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FirstEnergy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FirstEnergy fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 42.3B | 44.5B | 45.4B | 46.1B | 48.8B | 41.1B | |
| Short Long Term Debt Total | 21.0B | 24.5B | 23.9B | 21.7B | 24.9B | 17.9B | |
| Other Current Liab | 1.4B | 560M | 402M | 1.8B | 1.8B | 1.9B | |
| Total Current Liabilities | 4.9B | 5.0B | 4.4B | 4.0B | 5.4B | 5.3B | |
| Total Stockholder Equity | 7.0B | 7.2B | 8.7B | 10.2B | 10.4B | 9.2B | |
| Property Plant And Equipment Net | 31.7B | 33.3B | 34.7B | 36.3B | 38.4B | 25.3B | |
| Current Deferred Revenue | 1.1B | 1.3B | 1.5B | 223M | 227M | 215.7M | |
| Net Debt | 20.4B | 22.7B | 22.4B | 21.5B | 24.8B | 17.5B | |
| Retained Earnings | (4.0B) | (2.9B) | (1.6B) | (1.2B) | (97M) | (92.2M) | |
| Accounts Payable | 1.0B | 827M | 943M | 1.5B | 1.4B | 1.2B | |
| Cash | 627M | 1.7B | 1.5B | 160M | 137M | 130.2M | |
| Non Current Assets Total | 39.9B | 40.8B | 42.2B | 43.7B | 46.2B | 38.2B | |
| Non Currrent Assets Other | 1.8B | 1.1B | 1.1B | 1.2B | (3.0B) | (3.2B) | |
| Cash And Short Term Investments | 627M | 1.7B | 1.5B | 160M | 137M | 130.2M | |
| Net Receivables | 1.3B | 1.4B | 1.3B | 1.6B | 1.6B | 1.5B | |
| Common Stock Shares Outstanding | 542M | 543M | 546M | 572M | 574M | 411.5M | |
| Liabilities And Stockholders Equity | 42.3B | 44.5B | 45.4B | 46.1B | 48.8B | 41.1B | |
| Non Current Liabilities Total | 30.5B | 32.2B | 32.3B | 31.5B | 32.5B | 23.8B | |
| Inventory | 281M | 317M | 260M | 421M | 512M | 543.4M | |
| Other Stockholder Equity | 10.9B | 10.1B | 10.2B | 1.2B | 10.5B | 8.2B | |
| Total Liab | 35.3B | 37.2B | 36.8B | 35.5B | 37.9B | 31.9B | |
| Total Current Assets | 2.4B | 3.7B | 3.2B | 2.4B | 2.6B | 2.9B | |
| Accumulated Other Comprehensive Income | 20M | (5M) | (15M) | (14M) | (17M) | (17.9M) | |
| Short Term Debt | 1.4B | 2.3B | 1.6B | 451M | 2.0B | 2.6B | |
| Property Plant And Equipment Gross | 31.7B | 33.3B | 47.4B | 36.3B | 52.2B | 27.0B | |
| Other Liab | 10.6B | 9.8B | 10.1B | 10.1B | 11.6B | 9.3B | |
| Other Assets | 1.9B | 1.1B | 1.2B | 906M | 815.4M | 774.6M | |
| Long Term Debt | 49M | 30M | 22.2B | 21.2B | 22.9B | 24.0B | |
| Intangible Assets | 5.7B | 93M | 80M | 73M | 65.7M | 62.4M | |
| Property Plant Equipment | 31.7B | 33.3B | 34.7B | 2.0B | 2.2B | 2.1B | |
| Retained Earnings Total Equity | (4.0B) | (2.9B) | (1.6B) | (1.2B) | (1.1B) | (1.1B) | |
| Deferred Long Term Liab | 99M | 82M | 71M | 4.2B | 4.8B | 5.1B |
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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 FirstEnergy is a strong investment it is important to analyze FirstEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstEnergy's future performance. For an informed investment choice regarding FirstEnergy Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. 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 FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running FirstEnergy's price analysis, check to measure FirstEnergy'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 FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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Is FirstEnergy'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 FirstEnergy. If investors know FirstEnergy 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 FirstEnergy 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 (0.14) | Dividend Share 1.6 | Earnings Share 1.89 | Revenue Per Share 22.216 | Quarterly Revenue Growth 0.017 |
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy'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 FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy'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 FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy'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.