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 Non Current Liabilities Total and its Total Stockholder Equity 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enterprise Group Non Current Liabilities Total account and
Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eni SPA's Non Current Liabilities Total and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Enterprise Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Eni SPA's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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).
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.