Duke Total Assets vs Net Tangible Assets Analysis

DUK Stock  USD 109.59  1.52  1.37%   
Duke Energy financial indicator trend analysis is much more than just examining Duke Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duke Energy is a good investment. Please check the relationship between Duke Energy Total Assets and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duke 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 employment.
For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duke Energy Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Duke Energy's Total Assets and Net Tangible Assets is -0.26. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Duke Energy, assuming nothing else is changed. The correlation between historical values of Duke Energy's Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Duke Energy are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Duke Energy's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Duke Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Duke Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Duke Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duke 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 Duke 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 employment.
For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.Tax Provision is expected to rise to about 461.5 M this year, although the value of Selling General Administrative will most likely fall to about 1.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit12.1B13.0B13.8B8.4B
Total Revenue25.1B28.8B29.1B18.8B

Duke Energy fundamental ratios Correlations

0.940.630.740.870.970.70.330.620.240.81-0.010.930.3-0.040.80.710.70.590.710.820.71-0.790.570.540.83
0.940.80.890.980.970.840.420.790.350.94-0.271.00.52-0.290.890.850.710.70.850.810.85-0.70.750.720.96
0.630.80.870.850.730.990.271.00.330.89-0.450.790.66-0.460.90.990.840.720.990.710.94-0.620.930.960.84
0.740.890.870.940.820.880.420.870.220.91-0.380.890.75-0.390.90.880.670.750.890.740.91-0.560.80.810.91
0.870.980.850.940.920.880.470.850.350.96-0.340.980.62-0.360.910.890.710.740.890.790.92-0.660.810.80.96
0.970.970.730.820.920.780.350.720.260.87-0.10.970.38-0.110.860.790.740.660.790.850.78-0.790.640.620.88
0.70.840.990.880.880.780.270.990.360.9-0.410.840.63-0.420.91.00.850.691.00.720.95-0.690.930.940.85
0.330.420.270.420.470.350.270.270.150.52-0.120.410.51-0.130.470.290.090.510.30.40.36-0.150.20.230.43
0.620.791.00.870.850.720.990.270.340.89-0.470.790.66-0.490.890.990.840.710.990.70.93-0.60.930.970.84
0.240.350.330.220.350.260.360.150.340.35-0.590.380.15-0.610.170.360.060.120.36-0.050.340.00.490.350.38
0.810.940.890.910.960.870.90.520.890.35-0.380.930.61-0.390.950.910.740.790.910.810.89-0.650.820.830.96
-0.01-0.27-0.45-0.38-0.34-0.1-0.41-0.12-0.47-0.59-0.38-0.3-0.40.99-0.18-0.42-0.12-0.06-0.420.17-0.39-0.28-0.66-0.56-0.45
0.931.00.790.890.980.970.840.410.790.380.93-0.30.52-0.310.880.850.70.680.850.780.84-0.680.760.720.96
0.30.520.660.750.620.380.630.510.660.150.61-0.40.52-0.40.640.630.290.580.640.40.65-0.230.60.610.61
-0.04-0.29-0.46-0.39-0.36-0.11-0.42-0.13-0.49-0.61-0.390.99-0.31-0.4-0.19-0.43-0.13-0.07-0.430.16-0.41-0.27-0.68-0.58-0.46
0.80.890.90.90.910.860.90.470.890.170.95-0.180.880.64-0.190.910.80.880.910.920.86-0.730.730.80.9
0.710.850.990.880.890.791.00.290.990.360.91-0.420.850.63-0.430.910.860.71.00.740.95-0.680.930.940.86
0.70.710.840.670.710.740.850.090.840.060.74-0.120.70.29-0.130.80.860.590.860.790.8-0.770.740.810.66
0.590.70.720.750.740.660.690.510.710.120.79-0.060.680.58-0.070.880.70.590.710.870.69-0.480.480.60.74
0.710.850.990.890.890.791.00.30.990.360.91-0.420.850.64-0.430.911.00.860.710.740.96-0.680.930.950.86
0.820.810.710.740.790.850.720.40.7-0.050.810.170.780.40.160.920.740.790.870.740.71-0.790.480.590.75
0.710.850.940.910.920.780.950.360.930.340.89-0.390.840.65-0.410.860.950.80.690.960.71-0.650.910.920.84
-0.79-0.7-0.62-0.56-0.66-0.79-0.69-0.15-0.60.0-0.65-0.28-0.68-0.23-0.27-0.73-0.68-0.77-0.48-0.68-0.79-0.65-0.48-0.5-0.54
0.570.750.930.80.810.640.930.20.930.490.82-0.660.760.6-0.680.730.930.740.480.930.480.91-0.480.970.8
0.540.720.960.810.80.620.940.230.970.350.83-0.560.720.61-0.580.80.940.810.60.950.590.92-0.50.970.79
0.830.960.840.910.960.880.850.430.840.380.96-0.450.960.61-0.460.90.860.660.740.860.750.84-0.540.80.79
Click cells to compare fundamentals

Duke Energy Account Relationship Matchups

Duke Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding729M738M769M770M771M431.5M
Total Assets158.8B162.4B169.6B178.1B176.9B93.1B
Short Long Term Debt Total62.7B63.9B67.9B74.4B80.5B84.5B
Other Current Liab3.2B5.3B4.8B5.4B5.2B3.4B
Total Current Liabilities14.8B16.3B15.9B18.9B17.3B10.2B
Total Stockholder Equity46.8B48.0B49.3B49.3B49.1B29.1B
Property Plant And Equipment Net103.8B106.9B105.3B111.4B116.4B122.2B
Current Deferred Revenue1.8B1.7B1.9B10.0B(303M)(287.9M)
Net Debt62.4B63.7B67.6B74.0B80.2B84.2B
Retained Earnings4.1B2.5B3.3B2.6B2.2B2.6B
Cash311M259M343M409M253M240.4M
Non Current Assets Total149.7B153.7B159.6B164.9B164.1B84.3B
Non Currrent Assets Other3.3B20.8B29.8B28.5B17.4B18.2B
Cash And Short Term Investments311M259M343M409M253M240.4M
Net Receivables3.1B3.2B3.5B4.4B4.1B3.2B
Liabilities And Stockholders Equity158.8B162.4B169.6B178.1B176.9B93.1B
Non Current Liabilities Total96.1B96.9B102.5B107.4B109.4B114.9B
Inventory3.2B3.2B3.2B3.6B4.3B4.5B
Other Current Assets2.6B2.1B2.8B4.8B4.1B2.7B
Total Liab110.9B113.2B118.5B126.2B126.7B133.0B
Total Current Assets9.2B8.7B9.9B13.2B12.8B8.9B
Short Term Debt6.3B7.4B6.9B8.0B7.1B7.4B
Accumulated Other Comprehensive Income(130M)(237M)(303M)(140M)(6M)(6.3M)
Other Liab39.7B39.9B41.0B39.4B45.3B47.6B
Other Assets26.3B26.7B26.7B32.5B37.4B39.2B
Long Term Debt55.0B55.6B60.4B67.1B72.5B36.6B
Intangible Assets249M295M236M265M282M267.9M
Property Plant Equipment102.1B106.8B112.7B112.8B129.7B136.2B
Property Plant And Equipment Gross103.8B108.3B163.2B164.9B172.4B181.1B
Short Term Investments1M37M6M18M20.7M19.7M
Other Stockholder Equity40.9B43.8B44.4B44.9B44.9B37.6B
Noncontrolling Interest In Consolidated Entity17M1.1B1.2B1.8B1.7B1.6B
Retained Earnings Total Equity3.1B4.1B2.5B3.3B2.9B2.7B

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When determining whether Duke Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Duke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Duke Energy Stock. Highlighted below are key reports to facilitate an investment decision about Duke Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duke 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 employment.
For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Duke Energy. If investors know Duke 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 Duke 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
0.01
Dividend Share
4.12
Earnings Share
5.55
Revenue Per Share
38.55
Quarterly Revenue Growth
0.02
The market value of Duke Energy is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke 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 Duke Energy's market value can be influenced by many factors that don't directly affect Duke 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 Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke 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.