EQT Dividends Paid vs Depreciation Analysis

EQT Stock  USD 44.12  0.70  1.56%   
EQT financial indicator trend analysis is much more than just examining EQT Corporation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EQT Corporation is a good investment. Please check the relationship between EQT Dividends Paid and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EQT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Dividends Paid vs Depreciation

Dividends Paid vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EQT Corporation Dividends Paid account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EQT's Dividends Paid and Depreciation is -0.27. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Depreciation in the same time period over historical financial statements of EQT Corporation, assuming nothing else is changed. The correlation between historical values of EQT's Dividends Paid and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of EQT Corporation are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Dividends Paid i.e., EQT's Dividends Paid and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Depreciation

Depreciation indicates how much of EQT Corporation value has been used up. For tax purposes EQT can deduct the cost of the tangible assets it purchases as business expenses. However, EQT Corporation must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from EQT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EQT Corporation 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 EQT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, EQT's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 815.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 12.58 in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue3.8B4.1B2.0B1.3B
EBITDA396.9M4.3B4.1B4.3B

EQT fundamental ratios Correlations

0.980.390.530.971.00.930.22-0.211.00.14-0.20.740.740.970.710.520.280.960.40.330.790.920.91-0.280.5
0.980.420.570.950.970.960.19-0.270.980.16-0.270.770.710.980.70.490.220.970.40.330.790.920.85-0.210.51
0.390.420.950.350.360.39-0.61-0.060.350.09-0.060.730.530.270.370.530.120.580.540.820.670.530.23-0.12-0.07
0.530.570.950.50.50.53-0.42-0.080.490.02-0.090.860.630.430.50.560.150.710.660.860.790.650.36-0.15-0.01
0.970.950.350.50.980.940.12-0.340.970.22-0.340.760.850.940.820.630.270.930.320.310.850.960.96-0.260.38
1.00.970.360.50.980.930.2-0.261.00.18-0.250.710.760.970.730.540.30.940.340.310.790.930.94-0.290.47
0.930.960.390.530.940.930.1-0.520.950.29-0.520.750.70.920.70.470.240.920.20.30.760.920.84-0.230.52
0.220.19-0.61-0.420.120.20.10.240.23-0.130.24-0.21-0.290.32-0.21-0.43-0.020.050.03-0.38-0.23-0.110.130.020.47
-0.21-0.27-0.06-0.08-0.34-0.26-0.520.24-0.28-0.590.99-0.21-0.23-0.2-0.27-0.09-0.16-0.190.58-0.04-0.2-0.4-0.320.15-0.22
1.00.980.350.490.971.00.950.23-0.280.2-0.270.70.710.970.690.490.30.940.310.290.760.920.91-0.290.55
0.140.160.090.020.220.180.29-0.13-0.590.2-0.540.060.140.12-0.020.24-0.120.11-0.440.060.070.220.240.130.2
-0.2-0.27-0.06-0.09-0.34-0.25-0.520.240.99-0.27-0.54-0.23-0.24-0.2-0.29-0.11-0.14-0.20.56-0.04-0.22-0.4-0.310.14-0.23
0.740.770.730.860.760.710.75-0.21-0.210.70.06-0.230.80.670.710.570.260.860.620.690.940.840.6-0.260.12
0.740.710.530.630.850.760.7-0.29-0.230.710.14-0.240.80.680.920.870.230.80.460.450.950.890.83-0.22-0.07
0.970.980.270.430.940.970.920.32-0.20.970.12-0.20.670.680.690.460.210.940.380.190.730.870.86-0.20.48
0.710.70.370.50.820.730.7-0.21-0.270.69-0.02-0.290.710.920.690.740.220.750.390.330.840.850.8-0.21-0.06
0.520.490.530.560.630.540.47-0.43-0.090.490.24-0.110.570.870.460.74-0.120.610.40.420.770.670.660.13-0.18
0.280.220.120.150.270.30.24-0.02-0.160.3-0.12-0.140.260.230.210.22-0.120.220.00.050.260.380.27-1.00.1
0.960.970.580.710.930.940.920.05-0.190.940.11-0.20.860.80.940.750.610.220.530.490.890.930.83-0.210.35
0.40.40.540.660.320.340.20.030.580.31-0.440.560.620.460.380.390.40.00.530.520.580.340.20.0-0.14
0.330.330.820.860.310.310.3-0.38-0.040.290.06-0.040.690.450.190.330.420.050.490.520.60.420.23-0.05-0.19
0.790.790.670.790.850.790.76-0.23-0.20.760.07-0.220.940.950.730.840.770.260.890.580.60.910.77-0.250.04
0.920.920.530.650.960.930.92-0.11-0.40.920.22-0.40.840.890.870.850.670.380.930.340.420.910.9-0.370.3
0.910.850.230.360.960.940.840.13-0.320.910.24-0.310.60.830.860.80.660.270.830.20.230.770.9-0.260.31
-0.28-0.21-0.12-0.15-0.26-0.29-0.230.020.15-0.290.130.14-0.26-0.22-0.2-0.210.13-1.0-0.210.0-0.05-0.25-0.37-0.26-0.09
0.50.51-0.07-0.010.380.470.520.47-0.220.550.2-0.230.12-0.070.48-0.06-0.180.10.35-0.14-0.190.040.30.31-0.09
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EQT Account Relationship Matchups

EQT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.8B18.1B21.6B22.7B25.3B26.5B
Short Long Term Debt Total5.3B5.0B5.5B5.7B5.8B6.1B
Other Current Liab312.7M809.3M2.7B1.6B363.1M401.7M
Total Current Liabilities1.3B1.8B5.1B3.7B2.0B1.1B
Total Stockholder Equity9.8B9.3B10.0B11.2B14.8B15.5B
Property Plant And Equipment Net16.2B16.1B18.4B18.2B23.0B24.1B
Net Debt5.3B4.9B5.4B4.3B5.8B6.0B
Retained Earnings2.0B1.0B(115.8M)1.3B2.7B1.4B
Cash4.6M18.2M114.0M1.5B81.0M76.9M
Non Current Assets Total17.1B16.9B19.3B18.7B23.3B24.4B
Non Currrent Assets Other(1.3B)640.4M(36.9M)(954.3M)273.2M286.8M
Cash And Short Term Investments4.6M18.2M114.0M1.5B81.0M76.9M
Net Receivables908.9M566.6M1.4B1.6B915.1M960.9M
Common Stock Shares Outstanding255.1M260.6M323.2M406.5M413.2M433.9M
Liabilities And Stockholders Equity18.8B18.1B21.6B22.7B25.3B26.5B
Non Current Liabilities Total7.7B7.1B6.5B7.7B8.5B8.9B
Inventory812.7M527.1M543.3M812.4M978.6M1.0B
Other Current Assets28.7M630.7M734.8M982.4M1.0B1.1B
Other Stockholder Equity(32.5M)(29.3M)56.7M(3.0M)(1.0)(1.05)
Total Liab9.0B8.9B11.6B11.5B10.5B11.0B
Total Current Assets1.8B1.2B2.3B4.0B2.0B1.0B
Short Term Debt45.2M179.2M1.1B458.1M338.8M245.5M
Accounts Payable796.4M705.5M1.3B1.6B1.3B1.3B
Common Stock Total Equity7.8B8.2B10.2B9.9B11.4B11.9B
Property Plant And Equipment Gross16.2B16.1B18.4B18.2B33.7B35.4B
Accumulated Other Comprehensive Income(5.2M)(5.4M)(4.6M)(3.0M)(2.7M)(2.8M)
Common Stock7.8B8.2B10.2B9.9B12.1B11.5B
Other Liab2.4B2.3B1.9B2.5B2.8B3.0B
Other Assets144.7M618.8M465.6M459.0M527.8M584.7M
Long Term Debt5.3B4.7B4.4B5.2B5.5B2.9B
Treasury Stock(49.2M)(32.5M)(29.3M)(18.0M)(20.8M)(21.8M)
Property Plant Equipment16.2B16.1B18.4B18.2B20.9B21.9B
Current Deferred Revenue191.5M226.4M287M171.4M197.1M194.7M
Retained Earnings Total Equity2.0B1.0B(115.8M)1.3B1.5B2.1B

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Additional Tools for EQT Stock Analysis

When running EQT's price analysis, check to measure EQT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EQT is operating at the current time. Most of EQT's value examination focuses on studying past and present price action to predict the probability of EQT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQT's price. Additionally, you may evaluate how the addition of EQT to your portfolios can decrease your overall portfolio volatility.