Enel Income Before Tax vs Minority Interest Analysis
ENIC Stock | USD 2.69 0.02 0.75% |
Enel Chile financial indicator trend analysis is much more than just examining Enel Chile SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enel Chile SA is a good investment. Please check the relationship between Enel Chile Income Before Tax and its Minority Interest accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enel Chile SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Income Before Tax vs Minority Interest
Income Before Tax vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enel Chile SA Income Before Tax account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Enel Chile's Income Before Tax and Minority Interest is -0.04. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Enel Chile SA, assuming nothing else is changed. The correlation between historical values of Enel Chile's Income Before Tax and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Enel Chile SA are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Income Before Tax i.e., Enel Chile's Income Before Tax and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Enel Chile income statement and is an important metric when analyzing Enel Chile SA profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Enel Chile SA whose combined shares represent less than 50% of the total outstanding shares issued by Enel Chile have a minority interest in Enel Chile.Most indicators from Enel Chile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enel Chile SA 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 Enel Chile SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, Enel Chile's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 168.20, whereas Selling General Administrative is forecasted to decline to about 131.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 174.0B | 193.6B | 86.7B | 103.7B | Depreciation And Amortization | 214.0B | 249.6B | 253.4B | 211.8B |
Enel Chile fundamental ratios Correlations
Click cells to compare fundamentals
Enel Chile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enel Chile fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9T | 7.9T | 9.5T | 11.9T | 12.1T | 8.0T | |
Short Long Term Debt Total | 1.9T | 1.7T | 2.1T | 2.4T | 4.0T | 4.2T | |
Other Current Liab | 95.8B | 442.1B | 697.0B | 1.2T | 660.8B | 693.8B | |
Total Current Liabilities | 1.0T | 1.0T | 2.1T | 3.2T | 2.8T | 1.5T | |
Total Stockholder Equity | 3.5T | 3.4T | 3.1T | 4.1T | 4.4T | 3.4T | |
Property Plant And Equipment Net | 5.4T | 5.1T | 6.3T | 6.8T | 7.1T | 5.1T | |
Current Deferred Revenue | 263.6B | 547.5B | 3.7B | 6.7B | 22.8B | 21.6B | |
Net Debt | 1.6T | 1.3T | 1.8T | 1.6T | 3.4T | 3.6T | |
Retained Earnings | 2.0T | 1.7T | 1.6T | 2.5T | 2.5T | 1.8T | |
Accounts Payable | 517.5B | 326.4B | 517.3B | 1.1T | 1.3T | 1.4T | |
Cash | 235.7B | 332.0B | 310.0B | 875.2B | 563.3B | 349.5B | |
Non Current Assets Total | 6.8T | 6.9T | 8.2T | 8.8T | 9.7T | 6.7T | |
Non Currrent Assets Other | 397.7B | 584.9B | 656.3B | 834.3B | 433.4B | 312.1B | |
Cash And Short Term Investments | 236.7B | 333.0B | 310.2B | 875.5B | 631.0B | 357.8B | |
Net Receivables | 706.9B | 656.5B | 656.6B | 1.4T | 1.5T | 822.4B | |
Good Will | 917.4B | 915.7B | 921.1B | 883.6B | 884.5B | 982.7B | |
Short Term Investments | 988.3M | 936.5M | 246.4M | 284.6M | 67.7B | 71.1B | |
Liabilities And Stockholders Equity | 7.9T | 7.9T | 9.5T | 11.9T | 12.1T | 8.0T | |
Non Current Liabilities Total | 3.1T | 3.3T | 4.0T | 4.3T | 4.5T | 2.6T | |
Inventory | 39.7B | 23.3B | 31.2B | 77.9B | 98.1B | 50.3B | |
Other Current Assets | 34.6B | 149.3B | 254.5B | 656.6B | 139.5B | 197.1B | |
Total Liab | 4.1T | 4.3T | 6.2T | 7.5T | 7.3T | 4.1T | |
Property Plant And Equipment Gross | 5.4T | 9.8T | 11.3T | 11.8T | 12.1T | 6.9T | |
Total Current Assets | 1.0T | 1.0T | 1.3T | 3.1T | 2.4T | 1.4T | |
Accumulated Other Comprehensive Income | (2.4T) | (2.3T) | (2.4T) | (2.3T) | (1.5T) | (1.6T) | |
Short Term Debt | 164.4B | 164.5B | 892.1B | 503.5B | 785.7B | 825.0B | |
Intangible Assets | 132.3B | 165.1B | 191.2B | 191.4B | 194.8B | 114.1B | |
Other Liab | 564.9B | 575.4B | 704.1B | 806.0B | 926.9B | 973.2B | |
Net Tangible Assets | 2.4T | 2.3T | 2.0T | 3.0T | 3.5T | 2.1T | |
Other Assets | 419.5B | 692.9B | 836.0B | 900.2B | (259.4B) | (246.5B) | |
Long Term Debt | 1.7T | 1.5T | 1.9T | 2.1T | 1.9T | 1.3T | |
Common Stock Shares Outstanding | 1.3B | 69.2B | 1.4B | 1.4B | 69.2M | 65.7M | |
Other Stockholder Equity | 14K | 210K | (353K) | 105K | (431.6B) | (410.0B) | |
Long Term Investments | 10.3B | 15.3B | 12.3B | 20.1B | 27.7B | 29.1B | |
Short Long Term Debt | 158.6B | 152.1B | 75.2B | 56.0B | 542.2B | 569.3B | |
Property Plant Equipment | 5.4T | 5.1T | 6.3T | 6.8T | 7.8T | 4.3T | |
Capital Lease Obligations | 53.4B | 51.9B | 159.7B | 235.7B | 268.1B | 281.5B |
Also Currently Popular
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.When determining whether Enel Chile SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enel Chile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enel Chile Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enel Chile Sa Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enel Chile SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Electric 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 Enel Chile. If investors know Enel 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 Enel Chile 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 0.033 | Dividend Share 3.981 | Earnings Share 0.57 | Revenue Per Share 3.4 K | Quarterly Revenue Growth 0.234 |
The market value of Enel Chile SA is measured differently than its book value, which is the value of Enel that is recorded on the company's balance sheet. Investors also form their own opinion of Enel Chile's value that differs from its market value or its book value, called intrinsic value, which is Enel Chile'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 Enel Chile's market value can be influenced by many factors that don't directly affect Enel Chile'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 Enel Chile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enel Chile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enel Chile'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.