Algonquin Ebit vs Total Operating Expenses Analysis

AQNB Stock

USD 25.17 0.05 0.20%

Algonquin Power financial indicator trend analysis is way more than just evaluating Algonquin Power Utilities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Algonquin Power Utilities is a good investment. Please check the relationship between Algonquin Power Ebit and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Ebit vs Total Operating Expenses

Ebit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Algonquin Power Utilities Ebit account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.

The correlation between Algonquin Power's Ebit and Total Operating Expenses is 0.2. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Algonquin Power Utilities, assuming nothing else is changed. The correlation between historical values of Algonquin Power's Ebit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Algonquin Power Utilities are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Ebit i.e., Algonquin Power's Ebit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ebit

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Algonquin Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Algonquin Power Utilities 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

At present, Algonquin Power's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.37, whereas Selling General Administrative is forecasted to decline to about 57.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	507.0M	549.4M	845.3M	441.7M
Total Revenue	2.6B	2.7B	2.3B	1.8B

Gross Profit Total Revenue

Algonquin Power fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.98	0.98	0.98	0.97	0.99	0.98	-0.45	0.96	0.43	1.0	0.56	0.35	0.97	0.95	0.99	0.65	0.99	0.98	0.72	0.26	0.99	0.98	0.87	0.46	0.98
Short Long Term Debt Total	0.98		0.98	0.98	0.91	0.98	1.0	-0.47	0.92	0.35	0.98	0.54	0.33	0.97	0.91	0.96	0.66	0.99	0.97	0.71	0.26	0.99	0.97	0.9	0.42	0.95
Other Current Liab	0.98	0.98		0.99	0.91	0.96	0.98	-0.54	0.91	0.32	0.97	0.62	0.26	0.97	0.89	0.96	0.58	0.98	0.99	0.78	0.23	0.98	1.0	0.91	0.45	0.97
Total Current Liabilities	0.98	0.98	0.99		0.93	0.97	0.98	-0.49	0.93	0.34	0.98	0.58	0.28	0.98	0.9	0.97	0.58	0.98	0.98	0.74	0.22	0.99	0.98	0.92	0.46	0.97
Total Stockholder Equity	0.97	0.91	0.91	0.93		0.96	0.91	-0.32	0.97	0.55	0.97	0.48	0.42	0.91	0.96	0.97	0.62	0.94	0.92	0.64	0.23	0.94	0.91	0.79	0.53	0.96
Property Plant And Equipment Net	0.99	0.98	0.96	0.97	0.96		0.98	-0.39	0.96	0.41	0.99	0.49	0.33	0.98	0.95	0.97	0.6	0.97	0.97	0.67	0.25	0.98	0.96	0.86	0.47	0.96
Net Debt	0.98	1.0	0.98	0.98	0.91	0.98		-0.48	0.92	0.34	0.98	0.54	0.32	0.97	0.91	0.96	0.66	0.99	0.97	0.71	0.27	0.99	0.97	0.9	0.41	0.95
Retained Earnings	-0.45	-0.47	-0.54	-0.49	-0.32	-0.39	-0.48		-0.32	0.14	-0.44	-0.96	0.26	-0.46	-0.38	-0.49	-0.24	-0.5	-0.52	-0.91	-0.1	-0.5	-0.55	-0.7	-0.05	-0.52
Accounts Payable	0.96	0.92	0.91	0.93	0.97	0.96	0.92	-0.32		0.51	0.96	0.47	0.43	0.9	0.96	0.95	0.67	0.94	0.9	0.61	0.26	0.94	0.89	0.79	0.47	0.93
Cash	0.43	0.35	0.32	0.34	0.55	0.41	0.34	0.14	0.51		0.43	0.07	0.9	0.27	0.43	0.42	0.6	0.37	0.27	0.12	-0.27	0.37	0.33	0.19	0.66	0.37
Non Current Assets Total	1.0	0.98	0.97	0.98	0.97	0.99	0.98	-0.44	0.96	0.43		0.55	0.35	0.97	0.96	0.99	0.65	0.99	0.98	0.71	0.27	0.99	0.97	0.87	0.46	0.98
Non Currrent Assets Other	0.56	0.54	0.62	0.58	0.48	0.49	0.54	-0.96	0.47	0.07	0.55		-0.13	0.53	0.5	0.6	0.31	0.59	0.6	0.96	0.16	0.59	0.62	0.76	0.19	0.63
Cash And Short Term Investments	0.35	0.33	0.26	0.28	0.42	0.33	0.32	0.26	0.43	0.9	0.35	-0.13		0.19	0.32	0.31	0.7	0.33	0.19	-0.08	-0.27	0.32	0.25	0.09	0.53	0.26
Net Receivables	0.97	0.97	0.97	0.98	0.91	0.98	0.97	-0.46	0.9	0.27	0.97	0.53	0.19		0.9	0.95	0.5	0.96	0.99	0.72	0.25	0.97	0.98	0.9	0.46	0.95
Good Will	0.95	0.91	0.89	0.9	0.96	0.95	0.91	-0.38	0.96	0.43	0.96	0.5	0.32	0.9		0.97	0.62	0.94	0.92	0.64	0.31	0.94	0.89	0.76	0.38	0.95
Common Stock Shares Outstanding	0.99	0.96	0.96	0.97	0.97	0.97	0.96	-0.49	0.95	0.42	0.99	0.6	0.31	0.95	0.97		0.64	0.98	0.97	0.73	0.22	0.98	0.97	0.86	0.46	0.99
Short Term Investments	0.65	0.66	0.58	0.58	0.62	0.6	0.66	-0.24	0.67	0.6	0.65	0.31	0.7	0.5	0.62	0.64		0.68	0.53	0.35	0.2	0.67	0.57	0.45	0.2	0.58
Non Current Liabilities Total	0.99	0.99	0.98	0.98	0.94	0.97	0.99	-0.5	0.94	0.37	0.99	0.59	0.33	0.96	0.94	0.98	0.68		0.98	0.73	0.28	1.0	0.98	0.88	0.41	0.98
Inventory	0.98	0.97	0.99	0.98	0.92	0.97	0.97	-0.52	0.9	0.27	0.98	0.6	0.19	0.99	0.92	0.97	0.53	0.98		0.76	0.26	0.98	0.99	0.89	0.43	0.98
Other Current Assets	0.72	0.71	0.78	0.74	0.64	0.67	0.71	-0.91	0.61	0.12	0.71	0.96	-0.08	0.72	0.64	0.73	0.35	0.73	0.76		0.21	0.74	0.78	0.87	0.28	0.76
Other Stockholder Equity	0.26	0.26	0.23	0.22	0.23	0.25	0.27	-0.1	0.26	-0.27	0.27	0.16	-0.27	0.25	0.31	0.22	0.2	0.28	0.26	0.21		0.27	0.21	0.18	-0.59	0.26
Total Liab	0.99	0.99	0.98	0.99	0.94	0.98	0.99	-0.5	0.94	0.37	0.99	0.59	0.32	0.97	0.94	0.98	0.67	1.0	0.98	0.74	0.27		0.98	0.89	0.42	0.98
Total Current Assets	0.98	0.97	1.0	0.98	0.91	0.96	0.97	-0.55	0.89	0.33	0.97	0.62	0.25	0.98	0.89	0.97	0.57	0.98	0.99	0.78	0.21	0.98		0.9	0.47	0.98
Short Term Debt	0.87	0.9	0.91	0.92	0.79	0.86	0.9	-0.7	0.79	0.19	0.87	0.76	0.09	0.9	0.76	0.86	0.45	0.88	0.89	0.87	0.18	0.89	0.9		0.41	0.86
Intangible Assets	0.46	0.42	0.45	0.46	0.53	0.47	0.41	-0.05	0.47	0.66	0.46	0.19	0.53	0.46	0.38	0.46	0.2	0.41	0.43	0.28	-0.59	0.42	0.47	0.41		0.43
Common Stock	0.98	0.95	0.97	0.97	0.96	0.96	0.95	-0.52	0.93	0.37	0.98	0.63	0.26	0.95	0.95	0.99	0.58	0.98	0.98	0.76	0.26	0.98	0.98	0.86	0.43

Click cells to compare fundamentals

Algonquin Power Account Relationship Matchups

Algonquin Power fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.2B	16.8B	17.6B	18.4B	17.0B	11.8B
Short Long Term Debt Total	4.6B	6.2B	7.5B	8.6B	6.7B	4.6B
Other Current Liab	530.6M	707.5M	799.1M	838.7M	840.0M	536.8M
Total Current Liabilities	955.4M	1.4B	1.5B	1.7B	1.5B	937.2M
Total Stockholder Equity	5.2B	5.9B	5.2B	5.0B	4.7B	3.7B
Property Plant And Equipment Net	8.2B	11.0B	11.9B	12.5B	9.5B	7.8B
Net Debt	4.5B	6.1B	7.5B	8.5B	6.7B	4.6B
Retained Earnings	45.8M	(288.0M)	(997.5M)	(1.3B)	(2.9B)	(2.8B)
Accounts Payable	192.2M	185.0M	186.0M	210.4M	164.2M	135.2M
Cash	101.6M	125.0M	57.6M	25.1M	34.8M	63.2M
Non Current Assets Total	12.5B	15.8B	16.5B	17.3B	15.8B	11.1B
Non Currrent Assets Other	849.1M	1.1B	1.2B	1.7B	4.9B	5.2B
Cash And Short Term Investments	101.6M	125.0M	57.6M	56.1M	34.8M	33.1M
Net Receivables	324.8M	402.9M	527.8M	521.5M	422.6M	324.6M
Good Will	1.2B	1.2B	1.3B	1.3B	1.3B	895.8M
Common Stock Shares Outstanding	564.4M	628.9M	677.9M	690.8M	734.0M	513.8M
Liabilities And Stockholders Equity	13.2B	16.8B	17.6B	18.4B	17.0B	11.8B
Non Current Liabilities Total	6.3B	7.7B	8.9B	9.7B	9.3B	6.0B
Inventory	134.6M	177.5M	224.8M	227.1M	223.6M	125.7M
Other Current Assets	134.1M	232.1M	283.8M	258.9M	454.1M	476.8M
Other Stockholder Equity	60.7M	2.0M	9.4M	8.2M	9.4M	9.9M
Total Liab	7.2B	9.1B	10.5B	11.4B	10.8B	6.9B
Total Current Assets	695.2M	937.5M	1.1B	1.1B	1.1B	702.9M
Accumulated Other Comprehensive Income	(22.5M)	(71.6M)	(160.0M)	(102.3M)	62.2M	89.1M
Short Term Debt	139.9M	355.9M	423.1M	636.1M	493.3M	518.0M
Intangible Assets	114.9M	105.1M	96.7M	93.9M	69.1M	83.9M
Common Stock	4.9B	6.0B	6.2B	6.2B	7.4B	4.3B
Current Deferred Revenue	92.7M	114.4M	125.6M	74.5M	85.7M	78.0M

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When determining whether Algonquin Power Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algonquin Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Algonquin Power Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Algonquin Power Utilities Stock:

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Is Algonquin Stock a good investment?

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What is Algonquin Power's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

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Is Electric Utilities 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 Algonquin Power. If investors know Algonquin 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 Algonquin Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power'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 Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power'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 Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power'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.

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Algonquin Ebit vs Total Operating Expenses Analysis

Ebit vs Total Operating Expenses

Ebit vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Ebit

Total Operating Expenses

Algonquin Power fundamental ratios Correlations

Algonquin Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Algonquin Power fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.96	Retained Earnings
Other Current Assets	- 0.91	Retained Earnings
Short Term Debt	- 0.7	Retained Earnings
Intangible Assets	- 0.59	Other Stockholder Equity
Total Current Assets	- 0.55	Retained Earnings
Retained Earnings	- 0.54	Other Current Liab