Energy Transfer Total Debt vs. Net Income
| ET-PI Stock | 11.85 0.12 1.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.21 | 0.1738 |
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| Net Profit Margin | 0.0487 | 0.0501 |
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| Operating Profit Margin | 0.0947 | 0.1056 |
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| Return On Assets | 0.0331 | 0.0346 |
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For Energy Transfer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Energy Transfer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Energy Transfer LP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Energy Transfer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Energy Transfer LP over time as well as its relative position and ranking within its peers.
Energy |
Energy Transfer LP Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Energy Transfer's current stock value. Our valuation model uses many indicators to compare Energy Transfer value to that of its competitors to determine the firm's financial worth. Energy Transfer LP is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.10 of Net Income per Total Debt. The ratio of Total Debt to Net Income for Energy Transfer LP is roughly 10.05 . As of now, Energy Transfer's Net Income is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Energy Transfer's earnings, one of the primary drivers of an investment's value.Energy Total Debt vs. Competition
Energy Transfer LP is rated as one of the top companies in total debt category among its peers. Total debt of Energy industry is currently estimated at about 70.85 Billion. Energy Transfer totals roughly 53.22 Billion in total debt claiming about 75% of equities under Energy industry.
Energy Net Income vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Energy Transfer |
| = | 53.22 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Energy Transfer |
| = | 5.29 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Energy Net Income Comparison
Energy Transfer is currently under evaluation in net income category among its peers.
Energy Transfer Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Energy Transfer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Energy Transfer will eventually generate negative long term returns. The profitability progress is the general direction of Energy Transfer's change in net profit over the period of time. It can combine multiple indicators of Energy Transfer, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 28 M | 20.1 M | |
| Net Interest Income | -2.6 B | -2.7 B | |
| Operating Income | 8.3 B | 6.1 B | |
| Net Income From Continuing Ops | 5.3 B | 5 B | |
| Income Before Tax | 5.6 B | 5.3 B | |
| Total Other Income Expense Net | -2.7 B | -2.8 B | |
| Net Income Applicable To Common Shares | 5 B | 3.4 B | |
| Net Income | 5.3 B | 4.7 B | |
| Income Tax Expense | 303 M | 247.1 M | |
| Change To Netincome | 468.9 M | 445.5 M | |
| Net Income Per Share | 1.24 | 1.31 | |
| Income Quality | 1.80 | 1.71 | |
| Net Income Per E B T | 0.70 | 0.42 |
Energy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Energy Transfer. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Energy Transfer position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Energy Transfer's important profitability drivers and their relationship over time.
Use Energy Transfer in pair-trading
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 Energy Transfer 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 Energy Transfer will appreciate offsetting losses from the drop in the long position's value.Energy Transfer Pair Trading
Energy Transfer LP Pair Trading Analysis
The ability to find closely correlated positions to Energy Transfer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Transfer 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 Energy Transfer - 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 Energy Transfer LP to buy it.
The correlation of Energy Transfer 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 Energy Transfer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Transfer LP 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 Energy Transfer 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.Use Investing Themes to Complement your Energy Transfer position
In addition to having Energy Transfer in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Broad Debt ETFs Thematic Idea Now
Broad Debt ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Debt ETFs theme has 233 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Debt ETFs Theme or any other thematic opportunities.
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Check out Investing Opportunities. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
To fully project Energy Transfer's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Energy Transfer LP at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Energy Transfer's income statement, its balance sheet, and the statement of cash flows.