E Stock | | | CAD 1.82 0.03 1.68% |
Eni SPA financial indicator trend analysis is much more than just examining Enterprise Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Group is a good investment. Please check the relationship between Eni SPA Total Current Assets and its Short Long Term Debt Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enterprise Group Total Current Assets account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eni SPA's Total Current Assets and Short Long Term Debt Total is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Enterprise Group, assuming nothing else is changed. The correlation between historical values of Eni SPA's Total Current Assets and Short Long Term Debt Total 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 Current Assets of Enterprise Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Eni SPA's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Eni SPA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Group 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 Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Eni SPA's
Selling General Administrative is very stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, though
Discontinued Operations is likely to grow to (643.5
K).
Balance Sheet is a snapshot of the
financial position of Enterprise Group at a specified time, usually calculated after every quarter, six months, or one year. Eni SPA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eni SPA and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Eni currently owns. An asset can also be divided into two categories, current and non-current.