Eni Net Interest Income vs Income Before Tax Analysis

E Stock  CAD 1.92  0.15  8.47%   
Eni SPA financial indicator trend analysis is much more than just examining Enterprise Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Group is a good investment. Please check the relationship between Eni SPA Net Interest Income and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Group Net Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eni SPA's Net Interest Income and Income Before Tax is -0.2. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Enterprise Group, assuming nothing else is changed. The correlation between historical values of Eni SPA's Net Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Enterprise Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., Eni SPA's Net Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Eni SPA income statement and is an important metric when analyzing Enterprise Group 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.
Most indicators from Eni SPA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Group 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 Enterprise Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Eni SPA's Selling General Administrative is very stable compared to the past year. Tax Provision is expected to grow at the current pace this year, though Discontinued Operations is likely to grow to (643.5 K).
 2021 2022 2023 2024 (projected)
Total Revenue18.7M26.9M33.5M32.7M
Depreciation And Amortization5.9M4.5M5.0M4.4M

Eni SPA fundamental ratios Correlations

0.960.590.760.960.960.080.830.990.170.920.60.360.960.60.960.820.950.330.680.90.640.640.720.72-0.75
0.960.620.770.850.990.230.870.930.110.930.410.310.990.580.870.880.980.320.630.930.720.720.780.8-0.84
0.590.620.230.580.710.080.330.610.220.510.350.820.550.120.610.50.620.40.360.440.010.010.610.43-0.58
0.760.770.230.640.720.380.910.71-0.060.820.16-0.090.830.910.620.870.670.080.330.830.770.770.710.77-0.68
0.960.850.580.640.87-0.120.680.980.190.830.770.440.850.540.990.670.850.330.710.780.450.450.590.56-0.62
0.960.990.710.720.870.170.810.940.110.90.470.410.970.550.90.850.970.360.650.880.620.620.760.74-0.82
0.080.230.080.38-0.120.170.460.00.350.28-0.69-0.110.280.21-0.150.570.220.0-0.460.350.520.520.640.64-0.49
0.830.870.330.910.680.810.460.770.140.930.140.00.920.670.650.940.840.160.40.950.890.890.830.9-0.81
0.990.930.610.710.980.940.00.770.140.880.660.380.930.590.980.780.920.310.70.840.570.570.670.65-0.72
0.170.110.22-0.060.190.110.350.140.140.26-0.020.360.13-0.250.120.160.20.04-0.080.230.120.120.330.29-0.16
0.920.930.510.820.830.90.280.930.880.260.370.270.950.580.80.890.910.30.540.980.730.730.830.86-0.77
0.60.410.350.160.770.47-0.690.140.66-0.020.370.430.380.230.770.080.430.260.680.29-0.06-0.060.020.0-0.12
0.360.310.82-0.090.440.41-0.110.00.380.360.270.430.24-0.120.440.130.350.470.250.2-0.27-0.270.390.19-0.35
0.960.990.550.830.850.970.280.920.930.130.950.380.240.620.860.920.970.290.60.960.780.780.80.83-0.83
0.60.580.120.910.540.550.210.670.59-0.250.580.23-0.120.620.530.660.440.010.240.580.530.530.480.51-0.49
0.960.870.610.620.990.9-0.150.650.980.120.80.770.440.860.530.660.870.330.750.750.440.440.560.52-0.61
0.820.880.50.870.670.850.570.940.780.160.890.080.130.920.660.660.850.170.290.90.790.790.910.92-0.84
0.950.980.620.670.850.970.220.840.920.20.910.430.350.970.440.870.850.350.640.910.710.710.770.78-0.82
0.330.320.40.080.330.360.00.160.310.040.30.260.470.290.010.330.170.350.240.360.010.010.370.24-0.19
0.680.630.360.330.710.65-0.460.40.7-0.080.540.680.250.60.240.750.290.640.240.510.30.30.130.11-0.24
0.90.930.440.830.780.880.350.950.840.230.980.290.20.960.580.750.90.910.360.510.820.820.840.89-0.8
0.640.720.010.770.450.620.520.890.570.120.73-0.06-0.270.780.530.440.790.710.010.30.821.00.630.79-0.7
0.640.720.010.770.450.620.520.890.570.120.73-0.06-0.270.780.530.440.790.710.010.30.821.00.630.79-0.7
0.720.780.610.710.590.760.640.830.670.330.830.020.390.80.480.560.910.770.370.130.840.630.630.94-0.84
0.720.80.430.770.560.740.640.90.650.290.860.00.190.830.510.520.920.780.240.110.890.790.790.94-0.89
-0.75-0.84-0.58-0.68-0.62-0.82-0.49-0.81-0.72-0.16-0.77-0.12-0.35-0.83-0.49-0.61-0.84-0.82-0.19-0.24-0.8-0.7-0.7-0.84-0.89
Click cells to compare fundamentals

Eni SPA Account Relationship Matchups

Eni SPA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.3M52.3M51.1M55.4M72.8M57.9M
Short Long Term Debt Total13.3M13.7M14.8M15.5M25.7M18.0M
Other Current Liab116.2K1.3M1.2M605.2K1.1M1.2M
Total Current Liabilities12.0M2.6M2.9M2.6M3.7M5.2M
Total Stockholder Equity40.3M35.0M32.2M34.8M40.8M33.7M
Net Debt12.3M12.9M13.9M14.4M21.9M16.0M
Retained Earnings(45.7M)(50.8M)(53.1M)(50.9M)(44.7M)(42.4M)
Accounts Payable1.8M1.3M1.6M2.0M2.3M3.1M
Non Current Assets Total51.2M46.9M44.0M45.4M59.9M46.0M
Non Currrent Assets Other(48.4M)(44.6M)(41.5M)(42.3M)96.1K100.9K
Net Receivables5.7M4.2M5.7M8.0M7.5M8.3M
Common Stock Shares Outstanding54.3M50.2M48.7M49.1M51.4M35.7M
Liabilities And Stockholders Equity58.3M52.3M51.1M55.4M72.8M57.9M
Other Stockholder Equity12.8M14.8M17.2M18.6M20.2M31.8M
Total Liab18.0M17.2M18.9M20.6M32.0M24.2M
Short Term Debt10.1M1.3M1.2M605.2K1.4M1.3M
Property Plant And Equipment Net48.3M44.0M40.9M41.8M55.5M40.3M
Non Current Liabilities Total6.0M14.7M16.1M18.0M28.3M17.9M
Other Current Assets182.5K160.8K265.7K549.9K1.3M817.1K
Property Plant And Equipment Gross48.3M44.0M76.1M80.9M99.0M103.9M
Total Current Assets7.1M5.3M7.2M10.0M12.9M12.5M
Cash969.1K783.6K876.5K1.1M3.8M2.2M
Cash And Short Term Investments969.1K783.6K876.5K1.1M3.8M2.2M
Inventory196.6K211.9K296.2K327.2K286.7K272.3K
Intangible Assets93.9K261.6K201.1K146.4K96.1K91.3K
Short Term Investments182.5K160.8K265.7K549.9K1.3M1.4M
Common Stock73.2M71.0M68.2M67.0M65.3M73.7M
Other Liab2.8M2.3M2.5M3.1M2.8M3.9M
Net Tangible Assets40.2M34.4M31.7M34.3M30.9M33.4M
Other Assets2.8M2.3M2.5M3.1M1.00.95
Long Term Debt2.4M11.6M13.2M14.4M21.3M14.9M
Short Long Term Debt9.5M288.0K454.4K114K204.8K194.6K
Property Plant Equipment48.3M44.0M40.9M41.8M37.6M43.9M
Long Term Debt Total3.1M12.4M13.6M14.9M13.4M13.5M
Capital Surpluse12.8M14.8M17.2M18.6M21.4M12.3M
Capital Lease Obligations1.4M1.6M1.1M1.0M4.2M4.4M
Cash And Equivalents969.1K783.6K876.5K1.1M1.2M1.0M

Other Information on Investing in Eni Stock

Balance Sheet is a snapshot of the financial position of Enterprise Group at a specified time, usually calculated after every quarter, six months, or one year. Eni SPA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eni SPA and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Eni currently owns. An asset can also be divided into two categories, current and non-current.