Cheniere Capital Expenditures vs Net Income Analysis

CQP Stock

USD 53.85 0.90 1.64%

Cheniere Energy financial indicator trend analysis is way more than just evaluating Cheniere Energy Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheniere Energy Partners is a good investment. Please check the relationship between Cheniere Energy Capital Expenditures and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheniere Energy Partners. 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.

To learn how to invest in Cheniere Stock, please use our How to Invest in Cheniere Energy guide.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheniere Energy Partners Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Cheniere Energy's Capital Expenditures and Net Income is -0.56. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Cheniere Energy Partners, assuming nothing else is changed. The correlation between historical values of Cheniere Energy's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Cheniere Energy Partners are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Cheniere Energy's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Cheniere Energy Partners to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cheniere Energy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cheniere Energy Partners financial statement analysis. It represents the amount of money remaining after all of Cheniere Energy Partners operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Cheniere Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheniere Energy Partners 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheniere Energy Partners. 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.

To learn how to invest in Cheniere Stock, please use our How to Invest in Cheniere Energy guide.At this time, Cheniere Energy's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/18/2024, Enterprise Value Multiple is likely to grow to 7.22, while Selling General Administrative is likely to drop slightly above 79.2 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	557M	634M	672M	705.6M
Income Tax Expense	836M	882M	824M	865.2M

Depreciation And Amortization Income Tax Expense

Cheniere Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Accounts Payable
Common Stock Shares Outstanding		0.94	0.62	0.64	-0.05	0.34	0.93	0.92	0.72	0.93	-0.13	-0.16	0.92	0.71	0.71	0.94	0.82	0.49	-0.03	0.93	0.85	0.86	0.49	0.86	0.92	0.2
Total Assets	0.94		0.65	0.67	-0.12	0.23	1.0	0.99	0.76	1.0	-0.19	-0.21	0.99	0.74	0.7	0.99	0.85	0.55	-0.13	0.99	0.88	0.89	0.56	0.9	0.99	0.12
Other Current Liab	0.62	0.65		0.8	-0.6	0.7	0.64	0.6	0.34	0.63	-0.36	-0.46	0.62	0.31	0.91	0.69	0.83	0.79	-0.38	0.72	0.72	0.66	0.24	0.71	0.61	0.35
Total Current Liabilities	0.64	0.67	0.8		-0.41	0.62	0.69	0.66	0.26	0.68	-0.25	-0.38	0.62	0.26	0.72	0.68	0.67	0.55	-0.14	0.72	0.75	0.55	0.23	0.76	0.65	0.33
Total Stockholder Equity	-0.05	-0.12	-0.6	-0.41		-0.32	-0.13	-0.11	-0.02	-0.1	0.51	0.52	-0.12	-0.01	-0.46	-0.21	-0.32	-0.44	0.48	-0.24	-0.04	-0.25	-0.07	-0.06	-0.12	0.19
Other Liab	0.34	0.23	0.7	0.62	-0.32		0.23	0.19	-0.04	0.23	-0.19	-0.36	0.2	-0.05	0.65	0.29	0.46	0.43	-0.08	0.31	0.53	0.21	0.03	0.52	0.2	0.65
Property Plant And Equipment Net	0.93	1.0	0.64	0.69	-0.13	0.23		0.99	0.73	1.0	-0.22	-0.25	0.99	0.72	0.68	0.99	0.85	0.55	-0.14	0.99	0.89	0.87	0.57	0.91	0.99	0.12
Net Debt	0.92	0.99	0.6	0.66	-0.11	0.19	0.99		0.75	0.99	-0.23	-0.24	0.99	0.74	0.65	0.98	0.83	0.49	-0.12	0.98	0.88	0.86	0.62	0.9	0.99	0.07
Cash	0.72	0.76	0.34	0.26	-0.02	-0.04	0.73	0.75		0.72	-0.31	-0.26	0.79	1.0	0.48	0.75	0.64	0.27	-0.19	0.73	0.6	0.9	0.58	0.63	0.77	0.07
Non Current Assets Total	0.93	1.0	0.63	0.68	-0.1	0.23	1.0	0.99	0.72		-0.16	-0.19	0.99	0.71	0.68	0.99	0.83	0.53	-0.1	0.99	0.89	0.85	0.56	0.9	0.99	0.12
Non Currrent Assets Other	-0.13	-0.19	-0.36	-0.25	0.51	-0.19	-0.22	-0.23	-0.31	-0.16		0.98	-0.24	-0.31	-0.3	-0.25	-0.47	-0.36	0.61	-0.26	-0.25	-0.36	-0.29	-0.24	-0.27	-0.1
Other Assets	-0.16	-0.21	-0.46	-0.38	0.52	-0.36	-0.25	-0.24	-0.26	-0.19	0.98		-0.25	-0.26	-0.37	-0.28	-0.49	-0.4	0.59	-0.29	-0.34	-0.35	-0.24	-0.33	-0.28	-0.21
Long Term Debt	0.92	0.99	0.62	0.62	-0.12	0.2	0.99	0.99	0.79	0.99	-0.24	-0.25		0.77	0.68	0.99	0.85	0.53	-0.18	0.98	0.88	0.89	0.6	0.9	1.0	0.09
Cash And Short Term Investments	0.71	0.74	0.31	0.26	-0.01	-0.05	0.72	0.74	1.0	0.71	-0.31	-0.26	0.77		0.46	0.74	0.62	0.23	-0.15	0.71	0.59	0.89	0.61	0.62	0.76	0.05
Net Receivables	0.71	0.7	0.91	0.72	-0.46	0.65	0.68	0.65	0.48	0.68	-0.3	-0.37	0.68	0.46		0.74	0.89	0.81	-0.33	0.75	0.77	0.77	0.28	0.75	0.67	0.31
Non Current Liabilities Total	0.94	0.99	0.69	0.68	-0.21	0.29	0.99	0.98	0.75	0.99	-0.25	-0.28	0.99	0.74	0.74		0.88	0.59	-0.19	1.0	0.89	0.9	0.57	0.9	0.99	0.12
Inventory	0.82	0.85	0.83	0.67	-0.32	0.46	0.85	0.83	0.64	0.83	-0.47	-0.49	0.85	0.62	0.89	0.88		0.75	-0.39	0.88	0.87	0.86	0.53	0.85	0.85	0.29
Other Current Assets	0.49	0.55	0.79	0.55	-0.44	0.43	0.55	0.49	0.27	0.53	-0.36	-0.4	0.53	0.23	0.81	0.59	0.75		-0.43	0.6	0.55	0.6	0.03	0.52	0.51	0.24
Other Stockholder Equity	-0.03	-0.13	-0.38	-0.14	0.48	-0.08	-0.14	-0.12	-0.19	-0.1	0.61	0.59	-0.18	-0.15	-0.33	-0.19	-0.39	-0.43		-0.19	-0.17	-0.31	0.21	-0.14	-0.18	0.05
Total Liab	0.93	0.99	0.72	0.72	-0.24	0.31	0.99	0.98	0.73	0.99	-0.26	-0.29	0.98	0.71	0.75	1.0	0.88	0.6	-0.19		0.89	0.89	0.55	0.9	0.98	0.13
Property Plant And Equipment Gross	0.85	0.88	0.72	0.75	-0.04	0.53	0.89	0.88	0.6	0.89	-0.25	-0.34	0.88	0.59	0.77	0.89	0.87	0.55	-0.17	0.89		0.76	0.5	0.99	0.89	0.38
Total Current Assets	0.86	0.89	0.66	0.55	-0.25	0.21	0.87	0.86	0.9	0.85	-0.36	-0.35	0.89	0.89	0.77	0.9	0.86	0.6	-0.31	0.89	0.76		0.49	0.77	0.88	0.14
Intangible Assets	0.49	0.56	0.24	0.23	-0.07	0.03	0.57	0.62	0.58	0.56	-0.29	-0.24	0.6	0.61	0.28	0.57	0.53	0.03	0.21	0.55	0.5	0.49		0.53	0.6	0.02
Property Plant Equipment	0.86	0.9	0.71	0.76	-0.06	0.52	0.91	0.9	0.63	0.9	-0.24	-0.33	0.9	0.62	0.75	0.9	0.85	0.52	-0.14	0.9	0.99	0.77	0.53		0.91	0.36
Short Long Term Debt Total	0.92	0.99	0.61	0.65	-0.12	0.2	0.99	0.99	0.77	0.99	-0.27	-0.28	1.0	0.76	0.67	0.99	0.85	0.51	-0.18	0.98	0.89	0.88	0.6	0.91		0.07
Accounts Payable	0.2	0.12	0.35	0.33	0.19	0.65	0.12	0.07	0.07	0.12	-0.1	-0.21	0.09	0.05	0.31	0.12	0.29	0.24	0.05	0.13	0.38	0.14	0.02	0.36	0.07

Click cells to compare fundamentals

Cheniere Energy Account Relationship Matchups

Cheniere Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.4B	19.1B	19.4B	19.6B	18.1B	11.2B
Other Current Liab	764M	719M	1.2B	2.2B	1.1B	1.1B
Total Current Liabilities	966M	883M	1.3B	2.4B	1.6B	1.6B
Total Stockholder Equity	715M	539M	718M	(2.1B)	845M	887.3M
Other Liab	37M	53M	29M	3.0B	3.5B	3.7B
Property Plant And Equipment Net	16.5B	16.8B	16.9B	16.8B	16.3B	9.6B
Net Debt	15.9B	16.5B	16.4B	15.4B	15.4B	9.7B
Cash	1.8B	1.2B	876M	904M	575M	607.8M
Non Current Assets Total	16.7B	17.0B	17.1B	17.0B	16.5B	10.1B
Non Currrent Assets Other	209M	182M	185M	199M	228M	306.7M
Other Assets	215M	117M	218M	73M	65.7M	62.4M
Long Term Debt	17.6B	17.6B	17.2B	16.2B	15.6B	9.9B
Cash And Short Term Investments	1.8B	1.2B	876M	904M	575M	625.3M
Net Receivables	402M	502M	813M	1.2B	651M	683.6M
Liabilities And Stockholders Equity	19.4B	19.1B	19.4B	19.6B	18.9B	11.3B
Non Current Liabilities Total	17.7B	17.7B	17.3B	19.3B	17.3B	10.3B
Inventory	116M	107M	176M	160M	142M	97.6M
Other Current Assets	52M	316M	347M	378M	213M	107.8M
Other Stockholder Equity	(877M)	(175M)	(306M)	105M	845M	463.3M
Total Liab	18.7B	18.6B	18.6B	21.8B	18.9B	11.0B
Property Plant And Equipment Gross	16.5B	16.8B	19.8B	16.7B	20.5B	21.5B
Total Current Assets	2.7B	2.1B	2.2B	2.6B	1.6B	1.2B
Accumulated Other Comprehensive Income	796M	714M	1.0B	(1.1B)	(1.0B)	(955.9M)
Intangible Assets	24M	20M	6M	8M	9.2M	7.7M
Property Plant Equipment	16.4B	16.7B	16.8B	16.7B	19.2B	20.2B
Short Long Term Debt Total	17.7B	17.7B	17.3B	16.3B	16.0B	10.7B
Current Deferred Revenue	112M	117M	156M	138M	147M	89.1M
Short Term Debt	6M	14M	16M	10M	300M	265.3M
Long Term Debt Total	17.6B	17.6B	17.2B	16.2B	18.6B	15.0B
Deferred Long Term Liab	16M	35M	11M	3.0B	3.5B	3.7B
Common Stock	796M	714M	1.0B	(1.1B)	(1.3B)	(1.2B)

Pair Trading with Cheniere Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cheniere Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cheniere Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cheniere Stock

0.94	EE	Excelerate Energy	Pair Corr
0.97	ET	Energy Transfer LP	Pair Corr
0.95	DLNG	Dynagas LNG Partners	Pair Corr

Moving against Cheniere Stock

0.89	PXS	Pyxis Tankers	Pair Corr
0.88	NAT	Nordic American Tankers	Pair Corr
0.86	LPG	Dorian LPG	Pair Corr
0.81	FRO	Frontline Sell-off Trend	Pair Corr
0.78	PXSAW	Pyxis Tankers	Pair Corr

The ability to find closely correlated positions to Cheniere Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheniere Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cheniere Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cheniere Energy Partners to buy it.

The correlation of Cheniere Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cheniere Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheniere Energy Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cheniere Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Cheniere Stock Analysis

When running Cheniere Energy's price analysis, check to measure Cheniere 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 Cheniere Energy is operating at the current time. Most of Cheniere Energy's value examination focuses on studying past and present price action to predict the probability of Cheniere 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 Cheniere Energy's price. Additionally, you may evaluate how the addition of Cheniere Energy to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC