0KS2 Stock | | | 84.35 0.46 0.55% |
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Depreciation And Amortization and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation And Amortization vs Net Income
Depreciation And Amortization vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Public Service Enterprise Depreciation And Amortization account and
Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Public Service's Depreciation And Amortization and Net Income is 0.02. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Depreciation And Amortization and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Public Service Enterprise are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation And Amortization i.e., Public Service's Depreciation And Amortization and Net Income go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Public Service Enterprise financial statement analysis. It represents the amount of money remaining after all of Public Service Enterprise operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 307.2
M in 2024.
Selling General Administrative is likely to drop to about 28
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 8.7B | 11.5B | 11.2B | 10.9B | Depreciation And Amortization | 1.4B | 1.3B | 1.3B | 1.2B |
Public Service fundamental ratios Correlations
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Public Service Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Public Service fundamental ratios Accounts
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