Eni Property Plant And Equipment Gross vs Short Term Investments Analysis

E Stock  USD 27.84  0.03  0.11%   
Eni SPA financial indicator trend analysis is much more than just examining Eni SpA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eni SpA ADR is a good investment. Please check the relationship between Eni SPA Property Plant And Equipment Gross and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA ADR. 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.

Property Plant And Equipment Gross vs Short Term Investments

Property Plant And Equipment Gross vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eni SpA ADR Property Plant And Equipment Gross account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Eni SPA's Property Plant And Equipment Gross and Short Term Investments is 0.05. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Eni SpA ADR, assuming nothing else is changed. The correlation between historical values of Eni SPA's Property Plant And Equipment Gross and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Eni SpA ADR are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Gross i.e., Eni SPA's Property Plant And Equipment Gross and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Short Term Investments

Short Term Investments is an item under the current assets section of Eni SPA balance sheet. It contains any investments Eni SpA ADR undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Eni SpA ADR can easily liquidate in the marketplace.
Most indicators from Eni SPA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eni SpA ADR 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 Eni SpA ADR. 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.
At present, Eni SPA's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Income1.1B8.4B7.4B7.8B
Tax Provision5.0B8.2B4.2B4.9B

Eni SPA fundamental ratios Correlations

0.830.470.930.950.770.630.230.860.480.930.040.450.68-0.040.920.850.37-0.310.980.190.90.760.34-0.040.45
0.830.670.810.670.590.820.450.480.510.76-0.150.580.260.070.90.560.58-0.320.90.220.740.760.24-0.060.66
0.470.670.70.230.30.470.430.120.510.29-0.270.67-0.03-0.130.560.290.87-0.060.630.180.670.45-0.16-0.140.71
0.930.810.70.820.650.610.330.760.490.810.020.530.59-0.10.840.810.63-0.340.950.180.950.730.27-0.080.54
0.950.670.230.820.690.490.10.90.40.880.060.340.8-0.050.790.810.14-0.240.870.170.830.750.35-0.020.32
0.770.590.30.650.690.440.190.710.340.880.030.290.360.110.860.730.18-0.30.770.110.540.360.34-0.040.24
0.630.820.470.610.490.440.210.340.090.650.20.190.240.10.70.420.46-0.590.680.370.50.660.54-0.180.32
0.230.450.430.330.10.190.210.030.740.27-0.120.73-0.270.180.320.240.61-0.180.320.50.170.2-0.12-0.490.47
0.860.480.120.760.90.710.340.030.220.850.260.140.84-0.040.680.920.11-0.320.760.010.730.450.450.080.13
0.480.510.510.490.40.340.090.740.220.38-0.320.920.04-0.210.510.370.530.120.530.50.490.39-0.31-0.490.58
0.930.760.290.810.880.880.650.270.850.380.20.310.580.060.910.870.27-0.490.90.240.690.630.53-0.10.25
0.04-0.15-0.270.020.060.030.2-0.120.26-0.320.2-0.520.29-0.22-0.040.41-0.07-0.56-0.030.26-0.06-0.130.63-0.17-0.63
0.450.580.670.530.340.290.190.730.140.920.31-0.52-0.05-0.10.510.260.670.170.540.410.530.43-0.4-0.40.84
0.680.26-0.030.590.80.360.24-0.270.840.040.580.29-0.05-0.210.40.72-0.05-0.170.540.040.670.440.370.02-0.08
-0.040.07-0.13-0.1-0.050.110.10.18-0.04-0.210.06-0.22-0.1-0.210.04-0.12-0.20.14-0.03-0.24-0.19-0.01-0.160.260.1
0.920.90.560.840.790.860.70.320.680.510.91-0.040.510.40.040.750.42-0.280.960.180.770.640.27-0.040.51
0.850.560.290.810.810.730.420.240.920.370.870.410.260.72-0.120.750.34-0.40.80.190.730.40.44-0.110.14
0.370.580.870.630.140.180.460.610.110.530.27-0.070.67-0.05-0.20.420.34-0.290.510.40.50.310.0-0.40.61
-0.31-0.32-0.06-0.34-0.24-0.3-0.59-0.18-0.320.12-0.49-0.560.17-0.170.14-0.28-0.4-0.29-0.31-0.36-0.1-0.29-0.920.290.23
0.980.90.630.950.870.770.680.320.760.530.9-0.030.540.54-0.030.960.80.51-0.310.190.90.750.28-0.050.56
0.190.220.180.180.170.110.370.50.010.50.240.260.410.04-0.240.180.190.4-0.360.190.130.280.17-0.950.05
0.90.740.670.950.830.540.50.170.730.490.69-0.060.530.67-0.190.770.730.5-0.10.90.130.730.09-0.010.56
0.760.760.450.730.750.360.660.20.450.390.63-0.130.430.44-0.010.640.40.31-0.290.750.280.730.23-0.10.47
0.340.24-0.160.270.350.340.54-0.120.45-0.310.530.63-0.40.37-0.160.270.440.0-0.920.280.170.090.23-0.08-0.39
-0.04-0.06-0.14-0.08-0.02-0.04-0.18-0.490.08-0.49-0.1-0.17-0.40.020.26-0.04-0.11-0.40.29-0.05-0.95-0.01-0.1-0.080.02
0.450.660.710.540.320.240.320.470.130.580.25-0.630.84-0.080.10.510.140.610.230.560.050.560.47-0.390.02
Click cells to compare fundamentals

Eni SPA Account Relationship Matchups

Eni SPA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.4B109.6B137.8B152.2B142.6B94.9B
Short Long Term Debt Total30.2B31.7B33.1B31.9B33.1B23.3B
Other Current Liab5.5B7.8B20.8B16.8B12.0B6.7B
Total Current Liabilities29.6B23.7B43.3B48.8B36.1B26.3B
Total Stockholder Equity47.8B37.4B44.4B54.8B53.2B37.4B
Property Plant And Equipment Net67.5B58.6B61.1B60.8B61.1B52.1B
Net Debt24.2B22.3B24.9B21.7B29.0B19.1B
Retained Earnings37.6B25.4B28.6B37.3B38.7B40.7B
Accounts Payable15.5B8.7B16.8B19.5B14.2B12.0B
Cash6.0B9.4B8.3B10.2B10.2B10.7B
Non Current Assets Total88.5B76.7B79.9B90.3B93.3B71.5B
Non Currrent Assets Other2.4B2.4B2.2B4.2B7.4B4.4B
Cash And Short Term Investments13.1B15.2B18.9B19.9B17.0B17.8B
Net Receivables13.1B9.4B17.4B18.2B14.5B16.6B
Common Stock Shares Outstanding3.6B1.8B1.8B1.7B1.7B1.5B
Liabilities And Stockholders Equity123.4B109.6B137.8B152.2B142.6B108.0B
Non Current Liabilities Total45.9B48.5B50.0B48.1B51.0B33.7B
Inventory4.7B3.9B6.1B7.7B6.2B4.9B
Other Current Assets4.0B4.7B19.8B17.5B11.6B12.2B
Total Liab75.5B72.2B93.2B96.9B89.0B56.0B
Property Plant And Equipment Gross68.6B58.1B61.1B60.8B203.7B213.9B
Total Current Assets34.9B32.9B57.9B61.9B49.3B32.1B
Accumulated Other Comprehensive Income7.2B8.6B12.8B16.3B13.8B12.4B
Short Term Debt6.5B5.6B5.0B8.4B8.1B4.7B
Intangible Assets763M751M1.0B1.6B3.2B2.0B
Short Term Investments7.1B5.8B10.6B9.8B6.8B3.6B
Other Liab22.2B22.4B21.8B24.7B28.4B19.5B
Other Assets7.9B6.5B6.7B8.1B(6.4B)(6.0B)
Long Term Debt18.9B21.9B23.7B19.4B21.7B18.6B
Property Plant Equipment67.5B58.1B61.0B60.8B69.9B66.1B
Current Deferred Revenue2.1B1.7B1.8B2.5B437M415.2M
Good Will1.3B1.3B2.9B3.1B3.1B1.7B
Net Tangible Assets44.8B34.1B39.9B49.2B56.6B41.0B
Long Term Investments11.1B8.7B9.6B15.2B13.9B8.7B
Short Long Term Debt5.1B4.8B4.1B7.5B6.1B4.5B

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA ADR. 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.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil, Gas & Consumable Fuels 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 Eni SPA. If investors know Eni 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 Eni SPA 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
(0.72)
Dividend Share
0.23
Earnings Share
1.61
Revenue Per Share
57.642
Quarterly Revenue Growth
(0.07)
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA'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 Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA'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 Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eni SPA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA'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.