Enterprise Capital Expenditures vs Depreciation Analysis

EPD Stock  USD 31.29  0.29  0.92%   
Enterprise Products financial indicator trend analysis is much more than just examining Enterprise Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Products is a good investment. Please check the relationship between Enterprise Products Capital Expenditures and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products 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 american community survey.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Products Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enterprise Products' Capital Expenditures and Depreciation is 0.54. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Enterprise Products Partners, assuming nothing else is changed. The correlation between historical values of Enterprise Products' Capital Expenditures and Depreciation 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 Enterprise Products Partners are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Enterprise Products' Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Expenditures

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

Depreciation

Depreciation indicates how much of Enterprise Products value has been used up. For tax purposes Enterprise Products can deduct the cost of the tangible assets it purchases as business expenses. However, Enterprise Products Partners must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Enterprise Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Products 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 Products 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 american community survey.
At present, Enterprise Products' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.65, whereas Selling General Administrative is forecasted to decline to about 148.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.7B6.7B6.7B7.0B
Total Revenue40.8B58.2B49.7B27.8B

Enterprise Products fundamental ratios Correlations

0.990.40.720.191.00.99-0.580.580.40.990.510.40.60.930.990.680.620.01.00.690.690.540.820.790.66
0.990.340.680.150.991.0-0.60.570.410.990.460.410.540.941.00.650.610.030.990.650.650.580.840.80.61
0.40.340.740.180.370.31-0.27-0.030.420.340.940.420.80.180.390.820.51-0.070.440.750.85-0.240.130.450.78
0.720.680.740.450.710.68-0.240.410.280.690.760.280.950.660.690.860.7-0.050.740.930.940.350.520.790.84
0.190.150.180.450.190.20.350.32-0.50.220.08-0.50.340.250.120.190.480.180.160.520.20.360.380.360.37
1.00.990.370.710.190.99-0.590.620.360.990.490.360.590.940.990.660.6-0.050.990.690.670.540.820.790.65
0.991.00.310.680.20.99-0.570.60.331.00.430.330.530.950.990.630.620.010.980.650.620.610.860.790.61
-0.58-0.6-0.27-0.240.35-0.59-0.57-0.17-0.56-0.57-0.44-0.56-0.24-0.43-0.64-0.41-0.150.35-0.58-0.32-0.39-0.04-0.33-0.45-0.44
0.580.57-0.030.410.320.620.6-0.17-0.130.60.01-0.140.350.70.570.20.05-0.220.580.370.250.310.490.320.29
0.40.410.420.28-0.50.360.33-0.56-0.130.340.491.00.330.250.440.410.150.220.420.160.53-0.080.110.320.27
0.990.990.340.690.220.991.0-0.570.60.340.460.340.540.940.990.640.620.00.980.670.630.590.870.80.64
0.510.460.940.760.080.490.43-0.440.010.490.460.490.810.260.520.90.5-0.240.540.820.89-0.130.220.640.84
0.40.410.420.28-0.50.360.33-0.56-0.141.00.340.490.330.250.440.410.150.220.420.160.53-0.090.110.320.27
0.60.540.80.950.340.590.53-0.240.350.330.540.810.330.510.570.830.53-0.180.630.870.950.090.280.650.79
0.930.940.180.660.250.940.95-0.430.70.250.940.260.250.510.920.510.570.090.930.550.550.660.810.690.46
0.991.00.390.690.120.990.99-0.640.570.440.990.520.440.570.920.680.6-0.020.990.670.680.50.810.790.65
0.680.650.820.860.190.660.63-0.410.20.410.640.90.410.830.510.680.68-0.220.690.90.930.150.420.80.91
0.620.610.510.70.480.60.62-0.150.050.150.620.50.150.530.570.60.680.190.610.720.630.510.650.720.66
0.00.03-0.07-0.050.18-0.050.010.35-0.220.220.0-0.240.22-0.180.09-0.02-0.220.190.0-0.22-0.110.310.24-0.1-0.28
1.00.990.440.740.160.990.98-0.580.580.420.980.540.420.630.930.990.690.610.00.690.720.50.790.770.65
0.690.650.750.930.520.690.65-0.320.370.160.670.820.160.870.550.670.90.72-0.220.690.870.280.550.850.95
0.690.650.850.940.20.670.62-0.390.250.530.630.890.530.950.550.680.930.63-0.110.720.870.130.370.750.85
0.540.58-0.240.350.360.540.61-0.040.31-0.080.59-0.13-0.090.090.660.50.150.510.310.50.280.130.770.570.18
0.820.840.130.520.380.820.86-0.330.490.110.870.220.110.280.810.810.420.650.240.790.550.370.770.720.49
0.790.80.450.790.360.790.79-0.450.320.320.80.640.320.650.690.790.80.72-0.10.770.850.750.570.720.81
0.660.610.780.840.370.650.61-0.440.290.270.640.840.270.790.460.650.910.66-0.280.650.950.850.180.490.81
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Enterprise Products Account Relationship Matchups

Enterprise Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.7B64.1B67.5B68.1B71.0B35.9B
Short Long Term Debt Total27.6B29.9B29.9B28.6B29.1B15.8B
Other Current Liab633.6M7.0B9.6B9.8B10.6B11.2B
Total Current Liabilities9.1B9.0B11.6B12.3B13.1B13.8B
Total Stockholder Equity71.4M(165.2M)285.9M26.6B27.7B29.1B
Property Plant And Equipment Net41.6B41.9B42.1B44.4B45.8B23.6B
Net Debt27.3B28.8B27.1B28.6B28.9B15.5B
Accounts Payable1.2B704.6M632M743M1.2B634.1M
Cash334.7M1.1B2.8B76M180M240.1M
Non Current Assets Total53.9B54.2B54.3B57.5B58.7B30.6B
Non Currrent Assets Other472.5M1.1B1.1B1.2B1.2B1.3B
Cash And Short Term Investments334.7M1.1B2.8B76M180M244.9M
Net Receivables4.9B4.8B7.0B7.0B7.8B8.2B
Common Stock Shares Outstanding2.2B2.2B2.2B2.2B2.2B1.5B
Liabilities And Stockholders Equity37.0B39.8B42.2B68.1B42.2B29.3B
Non Current Liabilities Total26.8B29.7B29.5B28.1B29.0B15.3B
Inventory2.1B3.3B2.7B2.6B3.4B3.5B
Other Current Assets560.7M737.8M781.4M1.0B933M979.7M
Other Stockholder Equity(24.7B)(1.3B)25.0B(1.3B)(1.5B)(1.4B)
Total Liab35.9B38.7B41.1B40.4B42.2B21.3B
Property Plant And Equipment Gross41.6B41.9B42.1B63.2B66.3B69.6B
Total Current Assets7.9B9.9B13.3B10.6B12.2B12.9B
Accumulated Other Comprehensive Income71.4M(165.2M)285.9M365M307M322.4M
Short Term Debt2.0B1.3B1.4B1.7B1.3B1.3B
Intangible Assets3.4B3.3B3.2B4.0B3.8B2.3B
Common Stock24.7B25.8B26.3B27.6B28.7B30.1B
Other Liab954.4M819.5M939.2M1.2B1.4B1.4B
Other Assets262.3M3.5B795M819M41.3B43.3B
Long Term Debt25.6B28.5B28.1B26.6B27.4B16.0B
Property Plant Equipment41.6B41.9B42.4B44.8B51.5B54.1B
Short Term Investments127.2M228.6M236.5M469M347M364.4M
Current Deferred Revenue5.3B5.9B8.5B181M9.6B10.0B
Net Tangible Assets22.4B22.1B16.3B17.1B19.6B17.1B
Long Term Debt Total25.6B28.5B28.1B26.6B30.5B22.5B
Deferred Long Term Liab80.4M100.4M464.7M518M595.7M625.5M
Long Term Investments2.6B2.4B2.4B2.4B2.3B2.7B
Non Current Liabilities Other1.0B686.6M11.2M8M9.2M8.7M
Short Long Term Debt2.0B1.3B1.4B1.7B1.3B1.5B

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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.
When determining whether Enterprise Products is a strong investment it is important to analyze Enterprise Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products 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 american community survey.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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
0.076
Dividend Share
2.08
Earnings Share
2.66
Revenue Per Share
26.104
Quarterly Revenue Growth
0.148
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' 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 Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' 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 Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' 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.