Eversource Long Term Debt vs Net Invested Capital Analysis

ES Stock  USD 59.99  0.55  0.91%   
Eversource Energy financial indicator trend analysis is much more than just examining Eversource Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eversource Energy is a good investment. Please check the relationship between Eversource Energy Long Term Debt and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Long Term Debt vs Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eversource Energy Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eversource Energy's Long Term Debt and Net Invested Capital is 0.9. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Eversource Energy, assuming nothing else is changed. The correlation between historical values of Eversource Energy's Long Term Debt and Net Invested Capital 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 Debt of Eversource Energy are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., Eversource Energy's Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Eversource Energy has held for over one year. Long-term debt appears on Eversource Energy balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Eversource Energy balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Eversource Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eversource Energy 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 Eversource Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.At this time, Eversource Energy's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 36.31 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.8B5.4B4.8B3.3B
Total Revenue9.9B12.3B11.9B6.3B

Eversource Energy fundamental ratios Correlations

0.580.420.60.530.930.540.150.410.780.480.290.59-0.170.180.880.970.430.510.37-0.10.510.440.810.550.97
0.580.970.950.970.741.00.770.970.740.960.481.00.280.370.760.640.980.450.910.40.990.970.790.920.65
0.420.970.910.960.610.990.871.00.640.970.470.970.370.360.660.50.990.460.950.50.990.990.720.90.51
0.60.950.910.960.720.940.770.910.690.950.580.950.330.510.80.660.910.520.860.390.940.930.810.890.67
0.530.970.960.960.70.960.850.950.70.980.590.960.310.520.750.60.940.50.940.480.970.970.80.970.61
0.930.740.610.720.70.70.360.60.930.670.480.740.050.350.920.920.590.480.550.130.680.620.90.690.92
0.541.00.990.940.960.70.80.990.720.970.461.00.290.350.730.60.990.450.920.421.00.980.770.910.61
0.150.770.870.770.850.360.80.870.420.870.460.770.460.40.480.240.810.490.890.640.810.90.590.790.25
0.410.971.00.910.950.60.990.870.630.970.460.970.370.350.650.50.990.460.950.50.990.990.720.90.51
0.780.740.640.690.70.930.720.420.630.730.580.740.110.440.830.730.610.320.540.170.70.660.830.640.73
0.480.960.970.950.980.670.970.870.970.730.620.960.370.530.740.530.950.470.930.50.970.980.790.910.54
0.290.480.470.580.590.480.460.460.460.580.620.480.250.950.530.250.420.260.450.390.470.490.570.520.25
0.591.00.970.950.960.741.00.770.970.740.960.480.280.360.760.640.980.440.910.390.990.970.780.920.65
-0.170.280.370.330.310.050.290.460.370.110.370.250.280.270.1-0.10.320.030.330.760.320.360.160.2-0.1
0.180.370.360.510.520.350.350.40.350.440.530.950.360.270.420.170.310.20.370.330.370.390.470.460.17
0.880.760.660.80.750.920.730.480.650.830.740.530.760.10.420.890.640.690.660.290.720.680.970.710.89
0.970.640.50.660.60.920.60.240.50.730.530.250.64-0.10.170.890.50.60.46-0.040.580.510.850.621.0
0.430.980.990.910.940.590.990.810.990.610.950.420.980.320.310.640.50.390.920.430.990.970.670.880.51
0.510.450.460.520.50.480.450.490.460.320.470.260.440.030.20.690.60.390.570.30.450.490.750.480.6
0.370.910.950.860.940.550.920.890.950.540.930.450.910.330.370.660.460.920.570.590.930.960.740.920.47
-0.10.40.50.390.480.130.420.640.50.170.50.390.390.760.330.29-0.040.430.30.590.430.510.350.43-0.04
0.510.990.990.940.970.681.00.810.990.70.970.470.990.320.370.720.580.990.450.930.430.980.760.910.59
0.440.970.990.930.970.620.980.90.990.660.980.490.970.360.390.680.510.970.490.960.510.980.750.920.52
0.810.790.720.810.80.90.770.590.720.830.790.570.780.160.470.970.850.670.750.740.350.760.750.770.85
0.550.920.90.890.970.690.910.790.90.640.910.520.920.20.460.710.620.880.480.920.430.910.920.770.63
0.970.650.510.670.610.920.610.250.510.730.540.250.65-0.10.170.891.00.510.60.47-0.040.590.520.850.63
Click cells to compare fundamentals

Eversource Energy Account Relationship Matchups

Eversource Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding322.9M339.8M344.6M347.2M349.6M208.8M
Total Assets41.1B46.1B48.5B53.2B55.6B58.4B
Short Long Term Debt Total15.6B18.0B20.2B22.9B26.8B28.1B
Other Current Liab1.2B1.2B1.4B1.9B1.7B1.8B
Total Current Liabilities3.6B4.9B5.8B6.8B6.3B6.7B
Total Stockholder Equity12.6B14.1B14.6B15.5B14.2B7.1B
Property Plant And Equipment Net27.6B30.9B33.4B36.1B39.5B41.5B
Net Debt15.6B17.9B20.2B22.6B26.7B28.0B
Retained Earnings4.2B4.6B5.0B5.5B4.1B2.2B
Accounts Payable1.1B1.4B1.7B2.1B1.9B2.0B
Cash15.4M106.6M66.8M374.6M53.9M77.2M
Non Current Assets Total38.7B43.0B45.2B49.0B51.4B53.9B
Non Currrent Assets Other512.2M6.1B5.5B5.8B6.3B6.7B
Cash And Short Term Investments15.4M106.6M66.8M374.6M53.9M88.4M
Net Receivables1.2B1.4B1.4B1.8B1.7B990.3M
Liabilities And Stockholders Equity41.1B46.1B48.5B53.2B55.6B58.4B
Non Current Liabilities Total24.7B27.0B27.9B30.8B34.9B41.7B
Inventory235.5M265.6M267.5M374.4M507.3M267.0M
Other Current Assets651.1M1.3B1.5B1.7B2.0B2.1B
Other Stockholder Equity(148.8B)7.7B7.8B8.2B8.3B8.7B
Total Liab28.3B31.9B33.7B37.6B41.3B43.3B
Property Plant And Equipment Gross27.6B30.9B42.8B46.0B50.0B52.5B
Total Current Assets2.4B3.1B3.3B4.2B4.2B2.1B
Accumulated Other Comprehensive Income(65.1M)(76.4M)(42.3M)(39.4M)(33.7M)(35.4M)
Short Term Debt1.3B2.3B2.7B2.8B2.8B2.9B
Other Liab10.4B11.2B10.3B10.6B12.2B12.8B
Other Assets(30K)23K(50K)20K7K6.7K
Long Term Debt13.8B15.1B17.0B19.7B24.0B25.2B
Property Plant Equipment27.6B30.9B33.4B36.1B41.5B43.6B
Treasury Stock(299.1M)(278.0M)(250.9M)(216.2M)(248.7M)(261.1M)
Retained Earnings Total Equity4.2B4.6B5.0B5.5B6.4B6.7B
Deferred Long Term Liab4.9B5.5B4.6B4.2B4.9B3.4B
Net Tangible Assets8.9B14.7B15.2B16.0B18.4B16.1B

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Additional Tools for Eversource Stock Analysis

When running Eversource Energy's price analysis, check to measure Eversource Energy'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 Eversource Energy is operating at the current time. Most of Eversource Energy's value examination focuses on studying past and present price action to predict the probability of Eversource Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eversource Energy's price. Additionally, you may evaluate how the addition of Eversource Energy to your portfolios can decrease your overall portfolio volatility.