Excelerate Other Current Liab vs Common Stock Analysis
EE Stock | USD 30.15 0.07 0.23% |
Excelerate Energy financial indicator trend analysis is much more than just examining Excelerate Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Excelerate Energy is a good investment. Please check the relationship between Excelerate Energy Other Current Liab and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excelerate 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 income. For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.
Other Current Liab vs Common Stock
Other Current Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Excelerate Energy Other Current Liab account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Excelerate Energy's Other Current Liab and Common Stock is -0.34. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Excelerate Energy, assuming nothing else is changed. The correlation between historical values of Excelerate Energy's Other Current Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Excelerate Energy are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Liab i.e., Excelerate Energy's Other Current Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Common Stock
Most indicators from Excelerate Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Excelerate 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 Excelerate 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 income. For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.As of November 28, 2024, Tax Provision is expected to decline to about 26.2 M. In addition to that, Selling General Administrative is expected to decline to about 60.9 M
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 888.6M | 2.5B | 1.2B | 906.6M | Depreciation And Amortization | 129.8M | 130.5M | 116.1M | 75.0M |
Excelerate Energy fundamental ratios Correlations
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Excelerate Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Excelerate Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.3B | 2.5B | 2.9B | 2.9B | 2.5B | |
Short Long Term Debt Total | 1.3B | 1.3B | 1.0B | 715.9M | 774.6M | 1.1B | |
Other Current Liab | 50.4M | 65.0M | 80.0M | 58.8M | 58.4M | 55.5M | |
Total Current Liabilities | 158.6M | 192.2M | 520.2M | 391.5M | 203.8M | 212.0M | |
Total Stockholder Equity | 854.2M | 887.1M | 1.1B | 477.4M | 505.4M | 711.3M | |
Property Plant And Equipment Net | 1.6B | 1.6B | 1.5B | 1.5B | 1.7B | 1.8B | |
Net Debt | 1.2B | 1.2B | 945.4M | 199.2M | 218.8M | 207.9M | |
Retained Earnings | 1.2B | 1.2B | 0.0 | 12.0M | 39.8M | 37.8M | |
Accounts Payable | 6.2M | 7.1M | 311.6M | 96.8M | 13.8M | 13.1M | |
Cash | 53.8M | 90.2M | 72.8M | 516.7M | 555.9M | 583.6M | |
Non Current Assets Total | 2.0B | 2.1B | 2.0B | 2.0B | 2.2B | 2.1B | |
Non Currrent Assets Other | 22.9M | 30.3M | 36.0M | 45.0M | 56.9M | 54.1M | |
Cash And Short Term Investments | 62.5M | 100.5M | 85.0M | 530.0M | 555.9M | 583.6M | |
Net Receivables | 24.7M | 30.1M | 283.9M | 96.5M | 113.7M | 88.5M | |
Liabilities And Stockholders Equity | 2.1B | 2.3B | 2.5B | 2.9B | 2.9B | 2.5B | |
Non Current Liabilities Total | 1.2B | 1.3B | 976.6M | 778.6M | 847.3M | 1.3B | |
Inventory | 5.2M | 22.4M | 105.0M | 173.6M | 2.9M | 2.8M | |
Other Current Assets | 7.2M | 20.4M | 28.7M | 37.6M | 27.1M | 27.9M | |
Other Stockholder Equity | (9.5M) | (15.0M) | (6.8M) | 464.7M | 465.1M | 738.4M | |
Total Liab | 1.4B | 1.5B | 1.5B | 1.2B | 1.1B | 1.7B | |
Total Current Assets | 99.6M | 167.8M | 490.4M | 823.5M | 699.6M | 734.6M | |
Common Stock | 863.8M | 902.1M | 1.1B | 108K | 124.2K | 118.0K | |
Accumulated Other Comprehensive Income | (9.5M) | (15.0M) | (9.2M) | 515K | 505K | 530.3K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excelerate 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 income. For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Excelerate Energy. If investors know Excelerate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Excelerate Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 0.135 | Earnings Share 1 | Revenue Per Share 31.848 | Quarterly Revenue Growth (0.30) |
The market value of Excelerate Energy is measured differently than its book value, which is the value of Excelerate that is recorded on the company's balance sheet. Investors also form their own opinion of Excelerate Energy's value that differs from its market value or its book value, called intrinsic value, which is Excelerate Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Excelerate Energy's market value can be influenced by many factors that don't directly affect Excelerate Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Excelerate Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Excelerate Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Excelerate Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.