EIX Stock | | | USD 81.89 0.27 0.33% |
Edison International financial indicator trend analysis is much more than just examining Edison International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edison International is a good investment. Please check the relationship between Edison International Long Term Debt and its Deferred Long Term Liab accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Edison Stock please use our
How to Invest in Edison International guide.
Long Term Debt vs Deferred Long Term Liab
Long Term Debt vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Edison International Long Term Debt account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Edison International's Long Term Debt and Deferred Long Term Liab is 0.56. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Edison International, assuming nothing else is changed. The correlation between historical values of Edison International's Long Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Edison International are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt i.e., Edison International's Long Term Debt and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Edison International has held for over one year. Long-term debt appears on Edison International balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Edison International balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Edison International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edison International 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 Edison International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Edison Stock please use our
How to Invest in Edison International guide.At this time, Edison International's
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to rise to about 40.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 18.1
M in 2024.
Edison International fundamental ratios Correlations
Click cells to compare fundamentals
Edison International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edison International fundamental ratios Accounts
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Additional Tools for Edison Stock Analysis
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