Chesapeake Change To Netincome vs Net Income Analysis
CPK Stock | USD 120.83 1.30 1.06% |
Chesapeake Utilities financial indicator trend analysis is way more than just evaluating Chesapeake Utilities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chesapeake Utilities is a good investment. Please check the relationship between Chesapeake Utilities Change To Netincome and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesapeake Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.
Change To Netincome vs Net Income
Change To Netincome vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chesapeake Utilities Change To Netincome account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Chesapeake Utilities' Change To Netincome and Net Income is 0.52. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Net Income in the same time period over historical financial statements of Chesapeake Utilities, assuming nothing else is changed. The correlation between historical values of Chesapeake Utilities' Change To Netincome 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 Change To Netincome of Chesapeake Utilities 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 Change To Netincome i.e., Chesapeake Utilities' Change To Netincome and Net Income go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Netincome
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Chesapeake Utilities financial statement analysis. It represents the amount of money remaining after all of Chesapeake Utilities operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Chesapeake Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chesapeake Utilities 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 Chesapeake Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.At this time, Chesapeake Utilities' Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value is expected to rise to about 3.5 B this year, although the value of Selling General Administrative will most likely fall to about 29.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 217.9M | 237.5M | 258.3M | 135.3M | Total Revenue | 570.0M | 680.7M | 670.6M | 704.1M |
Chesapeake Utilities fundamental ratios Correlations
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Chesapeake Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chesapeake Utilities fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 16.4M | 16.8M | 17.6M | 17.8M | 18.4M | 11.2M | |
Total Assets | 1.8B | 1.9B | 2.1B | 2.2B | 3.3B | 3.5B | |
Short Long Term Debt Total | 743.0M | 707.6M | 798.1M | 814.4M | 1.4B | 1.5B | |
Other Current Liab | 45.3M | 46.2M | 47.7M | 46.7M | 64.1M | 67.3M | |
Total Current Liabilities | 423.3M | 329.0M | 376.4M | 369.0M | 386.4M | 199.4M | |
Total Stockholder Equity | 561.6M | 697.1M | 774.1M | 832.8M | 1.2B | 1.3B | |
Property Plant And Equipment Net | 1.5B | 1.6B | 1.8B | 1.8B | 2.5B | 2.6B | |
Current Deferred Revenue | 30.9M | 33.3M | 36.5M | 37.2M | 46.4M | 44.1M | |
Net Debt | 736.1M | 704.1M | 793.1M | 808.2M | 1.4B | 1.5B | |
Retained Earnings | 300.6M | 343.0M | 393.1M | 445.5M | 488.7M | 513.1M | |
Accounts Payable | 54.1M | 60.3M | 52.6M | 61.5M | 77.5M | 47.4M | |
Cash | 7.0M | 3.5M | 5.0M | 6.2M | 4.9M | 3.6M | |
Non Current Assets Total | 1.6B | 1.8B | 1.9B | 2.0B | 3.1B | 3.3B | |
Non Currrent Assets Other | (57.7M) | (79.5M) | (116.8M) | (134.6M) | 125.2M | 131.4M | |
Cash And Short Term Investments | 7.0M | 3.5M | 5.0M | 6.2M | 4.9M | 3.6M | |
Net Receivables | 90.5M | 91.3M | 98.5M | 94.6M | 108.2M | 70.0M | |
Common Stock Total Equity | 8.0M | 8.5M | 8.6M | 8.6M | 9.9M | 5.1M | |
Liabilities And Stockholders Equity | 1.8B | 1.9B | 2.1B | 2.2B | 3.3B | 3.5B | |
Non Current Liabilities Total | 798.3M | 906.4M | 964.3M | 1.0B | 1.7B | 1.8B | |
Inventory | 11.9M | 11.4M | 21.0M | 26.3M | 29.2M | 30.7M | |
Other Current Assets | 8.0M | 30.2M | 48.7M | 41.9M | 43.4M | 45.5M | |
Other Stockholder Equity | 259.3M | 348.5M | 371.2M | 380.0M | 749.4M | 786.8M | |
Total Liab | 1.2B | 1.2B | 1.3B | 1.4B | 2.1B | 2.2B | |
Property Plant And Equipment Gross | 1.5B | 1.6B | 1.7B | 1.8B | 3.0B | 3.1B | |
Total Current Assets | 134.8M | 136.4M | 173.1M | 194.0M | 185.7M | 108.3M | |
Accumulated Other Comprehensive Income | (6.3M) | (2.9M) | 1.3M | (1.4M) | (2.7M) | (2.9M) | |
Short Term Debt | 293.0M | 189.2M | 223.1M | 223.6M | 198.4M | 106.7M | |
Common Stock | 8.0M | 8.5M | 8.6M | 8.6M | 10.8M | 11.4M | |
Other Liab | 348.2M | 388.0M | 405.8M | 422.4M | 485.8M | 510.1M | |
Other Assets | (1K) | 132.2M | 125.9M | 128.8M | 109.2M | (950.0) | |
Long Term Debt | 440.2M | 508.5M | 549.9M | 578.4M | 1.2B | 1.2B | |
Intangible Assets | 8.1M | 8.3M | 13.2M | 17.9M | 16.9M | 17.7M | |
Property Plant Equipment | 1.5B | 1.6B | 1.7B | 1.8B | 2.1B | 2.2B | |
Treasury Stock | (4.5M) | (5.7M) | (7.2M) | (7.1M) | (6.4M) | (6.0M) | |
Good Will | 32.7M | 38.7M | 44.7M | 46.2M | 508.2M | 533.6M | |
Net Tangible Assets | 520.8M | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Retained Earnings Total Equity | 300.6M | 343.0M | 393.1M | 445.5M | 512.3M | 256.2M | |
Long Term Debt Total | 440.2M | 508.5M | 549.9M | 578.4M | 665.1M | 339.7M | |
Capital Surpluse | 259.3M | 348.5M | 371.2M | 380.0M | 437.0M | 267.5M | |
Deferred Long Term Liab | 73.4M | 113.8M | 104.2M | 108.2M | 124.4M | 71.5M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesapeake Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Gas Utilities space 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 Chesapeake Utilities. If investors know Chesapeake 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 Chesapeake Utilities 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 0.472 | Dividend Share 2.46 | Earnings Share 4.92 | Revenue Per Share 34.76 | Quarterly Revenue Growth 0.217 |
The market value of Chesapeake Utilities is measured differently than its book value, which is the value of Chesapeake that is recorded on the company's balance sheet. Investors also form their own opinion of Chesapeake Utilities' value that differs from its market value or its book value, called intrinsic value, which is Chesapeake Utilities' 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 Chesapeake Utilities' market value can be influenced by many factors that don't directly affect Chesapeake Utilities' 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 Chesapeake Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chesapeake Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chesapeake Utilities' 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.