Chesapeake Reconciled Depreciation vs Gross Profit 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 Reconciled Depreciation and its Gross Profit 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.

Reconciled Depreciation vs Gross Profit

Reconciled Depreciation vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chesapeake Utilities Reconciled Depreciation account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chesapeake Utilities' Reconciled Depreciation and Gross Profit is 0.81. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Gross Profit 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' Reconciled Depreciation and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Chesapeake Utilities are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Reconciled Depreciation i.e., Chesapeake Utilities' Reconciled Depreciation and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Chesapeake Utilities minus its cost of goods sold. It is profit before Chesapeake Utilities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Profit217.9M237.5M258.3M135.3M
Total Revenue570.0M680.7M670.6M704.1M

Chesapeake Utilities fundamental ratios Correlations

0.440.360.510.780.40.470.790.360.490.630.760.42-0.320.760.890.870.370.470.330.320.460.390.90.70.61
0.440.990.940.51.01.00.810.990.970.380.481.00.360.480.390.580.990.860.860.971.01.00.540.430.92
0.360.990.920.450.990.990.751.00.960.340.441.00.420.440.310.530.990.830.840.970.991.00.470.40.89
0.510.940.920.670.90.940.820.920.910.630.610.930.280.610.560.630.90.820.740.870.950.920.670.580.89
0.780.50.450.670.430.550.620.450.550.820.860.48-0.340.860.840.860.390.40.330.330.530.460.870.970.64
0.41.00.990.90.430.990.790.990.970.320.421.00.380.420.340.550.990.870.880.980.991.00.510.370.9
0.471.00.990.940.550.990.80.990.990.40.530.990.290.530.410.630.980.840.870.951.00.990.580.50.93
0.790.810.750.820.620.790.80.740.780.590.640.790.110.640.750.70.770.840.610.760.810.780.790.510.86
0.360.991.00.920.450.990.990.740.960.340.441.00.420.440.310.530.990.830.840.970.991.00.470.40.89
0.490.970.960.910.550.970.990.780.960.360.550.970.210.550.390.640.960.840.910.910.970.960.60.50.91
0.630.380.340.630.820.320.40.590.340.360.660.36-0.130.660.860.590.290.420.150.280.420.350.80.70.47
0.760.480.440.610.860.420.530.640.440.550.660.46-0.191.00.760.770.40.470.310.310.520.440.830.850.61
0.421.01.00.930.481.00.990.791.00.970.360.460.380.460.360.570.990.850.860.981.01.00.520.420.91
-0.320.360.420.28-0.340.380.290.110.420.21-0.13-0.190.38-0.19-0.26-0.210.450.320.20.490.350.41-0.25-0.420.21
0.760.480.440.610.860.420.530.640.440.550.661.00.46-0.190.760.770.40.470.310.310.520.440.830.850.61
0.890.390.310.560.840.340.410.750.310.390.860.760.36-0.260.760.770.290.460.190.280.420.340.920.740.57
0.870.580.530.630.860.550.630.70.530.640.590.770.57-0.210.770.770.510.440.510.460.60.550.850.820.77
0.370.990.990.90.390.990.980.770.990.960.290.40.990.450.40.290.510.850.860.980.980.990.460.320.88
0.470.860.830.820.40.870.840.840.830.840.420.470.850.320.470.460.440.850.770.860.850.850.640.290.76
0.330.860.840.740.330.880.870.610.840.910.150.310.860.20.310.190.510.860.770.830.840.850.460.290.76
0.320.970.970.870.330.980.950.760.970.910.280.310.980.490.310.280.460.980.860.830.960.980.420.260.87
0.461.00.990.950.530.991.00.810.990.970.420.521.00.350.520.420.60.980.850.840.960.990.560.470.93
0.391.01.00.920.461.00.990.781.00.960.350.441.00.410.440.340.550.990.850.850.980.990.50.40.91
0.90.540.470.670.870.510.580.790.470.60.80.830.52-0.250.830.920.850.460.640.460.420.560.50.770.66
0.70.430.40.580.970.370.50.510.40.50.70.850.42-0.420.850.740.820.320.290.290.260.470.40.770.6
0.610.920.890.890.640.90.930.860.890.910.470.610.910.210.610.570.770.880.760.760.870.930.910.660.6
Click cells to compare fundamentals

Chesapeake Utilities Account Relationship Matchups

Chesapeake Utilities fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.4M16.8M17.6M17.8M18.4M11.2M
Total Assets1.8B1.9B2.1B2.2B3.3B3.5B
Short Long Term Debt Total743.0M707.6M798.1M814.4M1.4B1.5B
Other Current Liab45.3M46.2M47.7M46.7M64.1M67.3M
Total Current Liabilities423.3M329.0M376.4M369.0M386.4M199.4M
Total Stockholder Equity561.6M697.1M774.1M832.8M1.2B1.3B
Property Plant And Equipment Net1.5B1.6B1.8B1.8B2.5B2.6B
Current Deferred Revenue30.9M33.3M36.5M37.2M46.4M44.1M
Net Debt736.1M704.1M793.1M808.2M1.4B1.5B
Retained Earnings300.6M343.0M393.1M445.5M488.7M513.1M
Accounts Payable54.1M60.3M52.6M61.5M77.5M47.4M
Cash7.0M3.5M5.0M6.2M4.9M3.6M
Non Current Assets Total1.6B1.8B1.9B2.0B3.1B3.3B
Non Currrent Assets Other(57.7M)(79.5M)(116.8M)(134.6M)125.2M131.4M
Cash And Short Term Investments7.0M3.5M5.0M6.2M4.9M3.6M
Net Receivables90.5M91.3M98.5M94.6M108.2M70.0M
Common Stock Total Equity8.0M8.5M8.6M8.6M9.9M5.1M
Liabilities And Stockholders Equity1.8B1.9B2.1B2.2B3.3B3.5B
Non Current Liabilities Total798.3M906.4M964.3M1.0B1.7B1.8B
Inventory11.9M11.4M21.0M26.3M29.2M30.7M
Other Current Assets8.0M30.2M48.7M41.9M43.4M45.5M
Other Stockholder Equity259.3M348.5M371.2M380.0M749.4M786.8M
Total Liab1.2B1.2B1.3B1.4B2.1B2.2B
Property Plant And Equipment Gross1.5B1.6B1.7B1.8B3.0B3.1B
Total Current Assets134.8M136.4M173.1M194.0M185.7M108.3M
Accumulated Other Comprehensive Income(6.3M)(2.9M)1.3M(1.4M)(2.7M)(2.9M)
Short Term Debt293.0M189.2M223.1M223.6M198.4M106.7M
Common Stock8.0M8.5M8.6M8.6M10.8M11.4M
Other Liab348.2M388.0M405.8M422.4M485.8M510.1M
Other Assets(1K)132.2M125.9M128.8M109.2M(950.0)
Long Term Debt440.2M508.5M549.9M578.4M1.2B1.2B
Intangible Assets8.1M8.3M13.2M17.9M16.9M17.7M
Property Plant Equipment1.5B1.6B1.7B1.8B2.1B2.2B
Treasury Stock(4.5M)(5.7M)(7.2M)(7.1M)(6.4M)(6.0M)
Good Will32.7M38.7M44.7M46.2M508.2M533.6M
Net Tangible Assets520.8M1.2B1.3B1.4B1.6B1.7B
Retained Earnings Total Equity300.6M343.0M393.1M445.5M512.3M256.2M
Long Term Debt Total440.2M508.5M549.9M578.4M665.1M339.7M
Capital Surpluse259.3M348.5M371.2M380.0M437.0M267.5M
Deferred Long Term Liab73.4M113.8M104.2M108.2M124.4M71.5M

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When determining whether Chesapeake Utilities is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Chesapeake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Chesapeake Utilities Stock. Highlighted below are key reports to facilitate an investment decision about Chesapeake Utilities Stock:
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.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.