Consolidated Total Assets vs Other Current Assets Analysis
ED Stock | USD 101.58 0.12 0.12% |
Consolidated Edison financial indicator trend analysis is way more than just evaluating Consolidated Edison prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consolidated Edison is a good investment. Please check the relationship between Consolidated Edison Total Assets and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Consolidated Edison Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Consolidated Edison's Total Assets and Other Current Assets is 0.49. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Consolidated Edison, assuming nothing else is changed. The correlation between historical values of Consolidated Edison's Total Assets and Other Current Assets 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 Assets of Consolidated Edison are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Consolidated Edison's Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Consolidated Edison assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Consolidated Edison books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Consolidated Edison's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consolidated Edison 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 Consolidated Edison. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.As of November 28, 2024, Selling General Administrative is expected to decline to about 3.3 B. In addition to that, Tax Provision is expected to decline to about 332.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.7B | 7.7B | 7.4B | 6.2B | Total Revenue | 13.7B | 15.7B | 14.7B | 10.8B |
Consolidated Edison fundamental ratios Correlations
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Consolidated Edison Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Consolidated Edison fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 329.5M | 335.7M | 349.4M | 355.8M | 349.3M | 290.5M | |
Total Assets | 58.1B | 62.9B | 63.1B | 69.1B | 66.3B | 38.4B | |
Short Long Term Debt Total | 22.5B | 25.1B | 25.4B | 24.4B | 25.0B | 13.0B | |
Other Current Liab | 1.6B | 1.8B | 1.8B | 5.5B | 1.5B | 1.3B | |
Total Current Liabilities | 6.3B | 7.4B | 5.4B | 11.3B | 6.5B | 4.0B | |
Total Stockholder Equity | 18.0B | 18.8B | 20.0B | 20.7B | 21.2B | 12.1B | |
Property Plant And Equipment Net | 44.7B | 47.4B | 49.4B | 47.3B | 50.1B | 27.6B | |
Net Debt | 21.6B | 23.8B | 24.4B | 23.1B | 23.8B | 12.5B | |
Retained Earnings | 11.1B | 11.2B | 11.4B | 12.0B | 13.4B | 8.2B | |
Accounts Payable | 1.2B | 1.5B | 1.5B | 2.0B | 1.8B | 1.1B | |
Cash | 981M | 1.3B | 992M | 1.3B | 1.2B | 1.2B | |
Non Current Assets Total | 53.8B | 57.6B | 57.6B | 48.1B | 59.8B | 32.5B | |
Non Currrent Assets Other | 5.0B | 6.4B | 5.5B | (235M) | 8.2B | 8.6B | |
Cash And Short Term Investments | 981M | 1.3B | 992M | 1.3B | 1.2B | 1.2B | |
Liabilities And Stockholders Equity | 58.1B | 62.9B | 63.1B | 69.1B | 66.3B | 38.4B | |
Non Current Liabilities Total | 33.6B | 36.5B | 37.4B | 20.1B | 38.7B | 40.6B | |
Other Current Assets | 328M | 932M | 1.0B | 8.0B | 1.1B | 852.8M | |
Other Stockholder Equity | 6.9B | 7.8B | 8.7B | 8.8B | 7.8B | 8.2B | |
Total Liab | 39.9B | 43.8B | 42.8B | 48.2B | 45.2B | 26.2B | |
Total Current Assets | 4.3B | 5.3B | 5.6B | 13.0B | 6.5B | 3.6B | |
Short Term Debt | 3.2B | 4.0B | 2.1B | 3.8B | 2.7B | 1.4B | |
Property Plant And Equipment Gross | 44.7B | 47.4B | 48.6B | 46.8B | 64.3B | 67.5B | |
Other Liab | 14.2B | 15.2B | 14.0B | 16.2B | 18.6B | 19.6B | |
Other Assets | 5.4B | 6.9B | 6.1B | 8.0B | 9.2B | 6.7B | |
Long Term Debt | 18.5B | 20.4B | 22.6B | 20.1B | 21.9B | 13.2B | |
Intangible Assets | 131M | 1.7B | 1.6B | 1.5B | 1.3B | 0.0 | |
Property Plant Equipment | 43.9B | 46.6B | 48.6B | 46.8B | 53.8B | 30.2B | |
Noncontrolling Interest In Consolidated Entity | 191M | 218M | 299M | 202M | 232.3M | 243.9M |
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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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Multi-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 Consolidated Edison. If investors know Consolidated 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 Consolidated Edison 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 0.112 | Dividend Share 3.3 | Earnings Share 5.31 | Revenue Per Share 43.464 | Quarterly Revenue Growth 0.057 |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison'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 Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison'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 Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison'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.