EQT Long Term Investments vs Retained Earnings Analysis

EQT Stock

USD 45.28 0.28 0.61%

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 Long Term Investments and its Retained Earnings 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.

Long Term Investments vs Retained Earnings

Long Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EQT Corporation Long Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.

The correlation between EQT's Long Term Investments and Retained Earnings is 0.24. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings 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 Long Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of EQT Corporation are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Investments i.e., EQT's Long Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of EQT balance sheet that represents investments EQT Corporation intends to hold for over a year. EQT Corporation long term investments may include different instruments such as stocks, bonds, real estate and cash.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Revenue	3.8B	4.1B	4.1B	4.4B
EBITDA	396.9M	4.3B	4.1B	4.3B

Cost Of Revenue Ebitda

EQT fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Intangible Assets
Total Assets		0.98	0.39	0.53	0.97	1.0	0.93	0.22	-0.21	1.0	0.14	-0.2	0.74	0.74	0.97	0.71	0.52	0.28	0.96	0.4	0.33	0.79	0.92	0.91	-0.28	0.5
Short Long Term Debt Total	0.98		0.42	0.57	0.95	0.97	0.96	0.19	-0.27	0.98	0.16	-0.27	0.77	0.71	0.98	0.7	0.49	0.22	0.97	0.4	0.33	0.79	0.92	0.85	-0.21	0.51
Other Current Liab	0.39	0.42		0.95	0.35	0.36	0.39	-0.61	-0.06	0.35	0.09	-0.06	0.73	0.53	0.27	0.37	0.53	0.12	0.58	0.54	0.82	0.67	0.53	0.23	-0.12	-0.07
Total Current Liabilities	0.53	0.57	0.95		0.5	0.5	0.53	-0.42	-0.08	0.49	0.02	-0.09	0.86	0.63	0.43	0.5	0.56	0.15	0.71	0.66	0.86	0.79	0.65	0.36	-0.15	-0.01
Total Stockholder Equity	0.97	0.95	0.35	0.5		0.98	0.94	0.12	-0.34	0.97	0.22	-0.34	0.76	0.85	0.94	0.82	0.63	0.27	0.93	0.32	0.31	0.85	0.96	0.96	-0.26	0.38
Property Plant And Equipment Net	1.0	0.97	0.36	0.5	0.98		0.93	0.2	-0.26	1.0	0.18	-0.25	0.71	0.76	0.97	0.73	0.54	0.3	0.94	0.34	0.31	0.79	0.93	0.94	-0.29	0.47
Net Debt	0.93	0.96	0.39	0.53	0.94	0.93		0.1	-0.52	0.95	0.29	-0.52	0.75	0.7	0.92	0.7	0.47	0.24	0.92	0.2	0.3	0.76	0.92	0.84	-0.23	0.52
Retained Earnings	0.22	0.19	-0.61	-0.42	0.12	0.2	0.1		0.24	0.23	-0.13	0.24	-0.21	-0.29	0.32	-0.21	-0.43	-0.02	0.05	0.03	-0.38	-0.23	-0.11	0.13	0.02	0.47
Cash	-0.21	-0.27	-0.06	-0.08	-0.34	-0.26	-0.52	0.24		-0.28	-0.59	0.99	-0.21	-0.23	-0.2	-0.27	-0.09	-0.16	-0.19	0.58	-0.04	-0.2	-0.4	-0.32	0.15	-0.22
Non Current Assets Total	1.0	0.98	0.35	0.49	0.97	1.0	0.95	0.23	-0.28		0.2	-0.27	0.7	0.71	0.97	0.69	0.49	0.3	0.94	0.31	0.29	0.76	0.92	0.91	-0.29	0.55
Non Currrent Assets Other	0.14	0.16	0.09	0.02	0.22	0.18	0.29	-0.13	-0.59	0.2		-0.54	0.06	0.14	0.12	-0.02	0.24	-0.12	0.11	-0.44	0.06	0.07	0.22	0.24	0.13	0.2
Cash And Short Term Investments	-0.2	-0.27	-0.06	-0.09	-0.34	-0.25	-0.52	0.24	0.99	-0.27	-0.54		-0.23	-0.24	-0.2	-0.29	-0.11	-0.14	-0.2	0.56	-0.04	-0.22	-0.4	-0.31	0.14	-0.23
Net Receivables	0.74	0.77	0.73	0.86	0.76	0.71	0.75	-0.21	-0.21	0.7	0.06	-0.23		0.8	0.67	0.71	0.57	0.26	0.86	0.62	0.69	0.94	0.84	0.6	-0.26	0.12
Common Stock Shares Outstanding	0.74	0.71	0.53	0.63	0.85	0.76	0.7	-0.29	-0.23	0.71	0.14	-0.24	0.8		0.68	0.92	0.87	0.23	0.8	0.46	0.45	0.95	0.89	0.83	-0.22	-0.07
Non Current Liabilities Total	0.97	0.98	0.27	0.43	0.94	0.97	0.92	0.32	-0.2	0.97	0.12	-0.2	0.67	0.68		0.69	0.46	0.21	0.94	0.38	0.19	0.73	0.87	0.86	-0.2	0.48
Inventory	0.71	0.7	0.37	0.5	0.82	0.73	0.7	-0.21	-0.27	0.69	-0.02	-0.29	0.71	0.92	0.69		0.74	0.22	0.75	0.39	0.33	0.84	0.85	0.8	-0.21	-0.06
Other Current Assets	0.52	0.49	0.53	0.56	0.63	0.54	0.47	-0.43	-0.09	0.49	0.24	-0.11	0.57	0.87	0.46	0.74		-0.12	0.61	0.4	0.42	0.77	0.67	0.66	0.13	-0.18
Other Stockholder Equity	0.28	0.22	0.12	0.15	0.27	0.3	0.24	-0.02	-0.16	0.3	-0.12	-0.14	0.26	0.23	0.21	0.22	-0.12		0.22	0.0	0.05	0.26	0.38	0.27	-1.0	0.1
Total Liab	0.96	0.97	0.58	0.71	0.93	0.94	0.92	0.05	-0.19	0.94	0.11	-0.2	0.86	0.8	0.94	0.75	0.61	0.22		0.53	0.49	0.89	0.93	0.83	-0.21	0.35
Total Current Assets	0.4	0.4	0.54	0.66	0.32	0.34	0.2	0.03	0.58	0.31	-0.44	0.56	0.62	0.46	0.38	0.39	0.4	0.0	0.53		0.52	0.58	0.34	0.2	0.0	-0.14
Short Term Debt	0.33	0.33	0.82	0.86	0.31	0.31	0.3	-0.38	-0.04	0.29	0.06	-0.04	0.69	0.45	0.19	0.33	0.42	0.05	0.49	0.52		0.6	0.42	0.23	-0.05	-0.19
Accounts Payable	0.79	0.79	0.67	0.79	0.85	0.79	0.76	-0.23	-0.2	0.76	0.07	-0.22	0.94	0.95	0.73	0.84	0.77	0.26	0.89	0.58	0.6		0.91	0.77	-0.25	0.04
Common Stock Total Equity	0.92	0.92	0.53	0.65	0.96	0.93	0.92	-0.11	-0.4	0.92	0.22	-0.4	0.84	0.89	0.87	0.85	0.67	0.38	0.93	0.34	0.42	0.91		0.9	-0.37	0.3
Property Plant And Equipment Gross	0.91	0.85	0.23	0.36	0.96	0.94	0.84	0.13	-0.32	0.91	0.24	-0.31	0.6	0.83	0.86	0.8	0.66	0.27	0.83	0.2	0.23	0.77	0.9		-0.26	0.31
Common Stock	-0.28	-0.21	-0.12	-0.15	-0.26	-0.29	-0.23	0.02	0.15	-0.29	0.13	0.14	-0.26	-0.22	-0.2	-0.21	0.13	-1.0	-0.21	0.0	-0.05	-0.25	-0.37	-0.26		-0.09
Intangible Assets	0.5	0.51	-0.07	-0.01	0.38	0.47	0.52	0.47	-0.22	0.55	0.2	-0.23	0.12	-0.07	0.48	-0.06	-0.18	0.1	0.35	-0.14	-0.19	0.04	0.3	0.31	-0.09

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EQT Account Relationship Matchups

EQT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.8B	18.1B	21.6B	22.7B	25.3B	26.5B
Short Long Term Debt Total	5.3B	5.0B	5.5B	5.7B	5.8B	6.1B
Other Current Liab	312.7M	809.3M	2.7B	1.6B	363.1M	401.7M
Total Current Liabilities	1.3B	1.8B	5.1B	3.7B	2.0B	1.1B
Total Stockholder Equity	9.8B	9.3B	10.0B	11.2B	14.8B	15.5B
Property Plant And Equipment Net	16.2B	16.1B	18.4B	18.2B	23.0B	24.1B
Net Debt	5.3B	4.9B	5.4B	4.3B	5.8B	6.0B
Retained Earnings	2.0B	1.0B	(115.8M)	1.3B	2.7B	1.4B
Cash	4.6M	18.2M	114.0M	1.5B	81.0M	76.9M
Non Current Assets Total	17.1B	16.9B	19.3B	18.7B	23.3B	24.4B
Non Currrent Assets Other	(1.3B)	640.4M	(36.9M)	(954.3M)	273.2M	286.8M
Cash And Short Term Investments	4.6M	18.2M	114.0M	1.5B	81.0M	76.9M
Net Receivables	908.9M	566.6M	1.4B	1.6B	915.1M	960.9M
Common Stock Shares Outstanding	255.1M	260.6M	323.2M	406.5M	413.2M	433.9M
Liabilities And Stockholders Equity	18.8B	18.1B	21.6B	22.7B	25.3B	26.5B
Non Current Liabilities Total	7.7B	7.1B	6.5B	7.7B	8.5B	8.9B
Inventory	812.7M	527.1M	543.3M	812.4M	978.6M	1.0B
Other Current Assets	28.7M	630.7M	734.8M	982.4M	1.0B	1.1B
Other Stockholder Equity	(32.5M)	(29.3M)	56.7M	(3.0M)	(1.0)	(1.05)
Total Liab	9.0B	8.9B	11.6B	11.5B	10.5B	11.0B
Total Current Assets	1.8B	1.2B	2.3B	4.0B	2.0B	1.0B
Short Term Debt	45.2M	179.2M	1.1B	458.1M	338.8M	245.5M
Accounts Payable	796.4M	705.5M	1.3B	1.6B	1.3B	1.3B
Common Stock Total Equity	7.8B	8.2B	10.2B	9.9B	11.4B	11.9B
Property Plant And Equipment Gross	16.2B	16.1B	18.4B	18.2B	33.7B	35.4B
Accumulated Other Comprehensive Income	(5.2M)	(5.4M)	(4.6M)	(3.0M)	(2.7M)	(2.8M)
Common Stock	7.8B	8.2B	10.2B	9.9B	12.1B	11.5B
Other Liab	2.4B	2.3B	1.9B	2.5B	2.8B	3.0B
Other Assets	144.7M	618.8M	465.6M	459.0M	527.8M	584.7M
Long Term Debt	5.3B	4.7B	4.4B	5.2B	5.5B	2.9B
Treasury Stock	(49.2M)	(32.5M)	(29.3M)	(18.0M)	(20.8M)	(21.8M)
Property Plant Equipment	16.2B	16.1B	18.4B	18.2B	20.9B	21.9B
Current Deferred Revenue	191.5M	226.4M	287M	171.4M	197.1M	194.7M
Retained Earnings Total Equity	2.0B	1.0B	(115.8M)	1.3B	1.5B	2.1B

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