Edison Net Debt vs Total Current Assets Analysis

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 Net Debt and its Total Current Assets 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.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edison International Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Edison International's Net Debt and Total Current Assets is 0.85. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets 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 Net Debt and Total Current 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 Net Debt of Edison International are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Edison International's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.

	2021	2022	2023	2024 (projected)
Gross Profit	5.7B	6.1B	6.7B	4.9B
Total Revenue	14.9B	17.2B	16.3B	11.9B

Gross Profit Total Revenue

Edison International fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab
Common Stock Shares Outstanding		0.14	0.14	0.12	0.28	0.22	0.14	0.13	-0.57	0.0	0.1	0.13	0.64	0.1	0.34	0.26	0.12	0.15	0.18	-0.07	0.14	-0.14	0.27	0.44	0.11	-0.13
Total Assets	0.14		0.75	0.58	0.86	0.97	0.99	0.75	0.44	0.95	-0.03	1.0	0.63	-0.03	0.85	0.69	0.99	0.52	0.74	-0.11	1.0	0.73	0.81	0.75	0.43	0.86
Short Long Term Debt Total	0.14	0.75		0.48	0.77	0.71	0.66	1.0	-0.01	0.68	0.07	0.72	0.75	0.07	0.82	0.96	0.74	0.59	0.95	-0.36	0.76	0.94	0.86	0.75	0.62	0.5
Other Current Liab	0.12	0.58	0.48		0.74	0.52	0.57	0.48	0.21	0.58	-0.12	0.58	0.45	-0.12	0.38	0.52	0.54	0.29	0.6	0.19	0.59	0.47	0.49	0.5	0.34	0.51
Total Current Liabilities	0.28	0.86	0.77	0.74		0.88	0.84	0.76	0.28	0.84	0.06	0.84	0.64	0.06	0.73	0.73	0.79	0.39	0.83	0.0	0.85	0.68	0.81	0.94	0.39	0.65
Total Stockholder Equity	0.22	0.97	0.71	0.52	0.88		0.96	0.72	0.46	0.91	-0.02	0.97	0.64	-0.02	0.8	0.68	0.94	0.45	0.71	-0.06	0.95	0.67	0.76	0.82	0.39	0.82
Property Plant And Equipment Net	0.14	0.99	0.66	0.57	0.84	0.96		0.66	0.51	0.93	-0.02	0.99	0.57	-0.02	0.79	0.59	0.98	0.46	0.65	-0.05	0.98	0.66	0.75	0.73	0.36	0.9
Net Debt	0.13	0.75	1.0	0.48	0.76	0.72	0.66		-0.01	0.68	0.03	0.72	0.75	0.03	0.82	0.96	0.74	0.57	0.95	-0.33	0.76	0.94	0.85	0.74	0.6	0.51
Retained Earnings	-0.57	0.44	-0.01	0.21	0.28	0.46	0.51	-0.01		0.51	-0.09	0.48	-0.32	-0.09	0.03	-0.13	0.42	-0.05	-0.02	0.3	0.42	0.2	0.04	0.14	-0.07	0.69
Accounts Payable	0.0	0.95	0.68	0.58	0.84	0.91	0.93	0.68	0.51		0.02	0.94	0.49	0.02	0.77	0.6	0.93	0.51	0.72	-0.13	0.95	0.66	0.8	0.7	0.42	0.78
Cash	0.1	-0.03	0.07	-0.12	0.06	-0.02	-0.02	0.03	-0.09	0.02		-0.07	-0.04	1.0	0.07	-0.07	-0.03	0.5	-0.06	-0.59	-0.02	-0.07	0.3	0.15	0.53	-0.19
Non Current Assets Total	0.13	1.0	0.72	0.58	0.84	0.97	0.99	0.72	0.48	0.94	-0.07		0.61	-0.07	0.82	0.66	0.99	0.49	0.71	-0.07	0.99	0.71	0.78	0.73	0.4	0.88
Non Currrent Assets Other	0.64	0.63	0.75	0.45	0.64	0.64	0.57	0.75	-0.32	0.49	-0.04	0.61		-0.04	0.7	0.86	0.63	0.5	0.73	-0.17	0.64	0.56	0.68	0.65	0.51	0.35
Cash And Short Term Investments	0.1	-0.03	0.07	-0.12	0.06	-0.02	-0.02	0.03	-0.09	0.02	1.0	-0.07	-0.04		0.07	-0.07	-0.03	0.5	-0.06	-0.59	-0.02	-0.07	0.3	0.15	0.53	-0.19
Net Receivables	0.34	0.85	0.82	0.38	0.73	0.8	0.79	0.82	0.03	0.77	0.07	0.82	0.7	0.07		0.76	0.86	0.66	0.81	-0.43	0.86	0.73	0.92	0.72	0.52	0.52
Common Stock Total Equity	0.26	0.69	0.96	0.52	0.73	0.68	0.59	0.96	-0.13	0.6	-0.07	0.66	0.86	-0.07	0.76		0.68	0.54	0.93	-0.25	0.7	0.87	0.79	0.71	0.58	0.43
Non Current Liabilities Total	0.12	0.99	0.74	0.54	0.79	0.94	0.98	0.74	0.42	0.93	-0.03	0.99	0.63	-0.03	0.86	0.68		0.57	0.72	-0.17	0.99	0.73	0.81	0.68	0.46	0.85
Inventory	0.15	0.52	0.59	0.29	0.39	0.45	0.46	0.57	-0.05	0.51	0.5	0.49	0.5	0.5	0.66	0.54	0.57		0.51	-0.77	0.55	0.49	0.74	0.32	0.94	0.22
Other Current Assets	0.18	0.74	0.95	0.6	0.83	0.71	0.65	0.95	-0.02	0.72	-0.06	0.71	0.73	-0.06	0.81	0.93	0.72	0.51		-0.21	0.76	0.87	0.88	0.78	0.52	0.46
Other Stockholder Equity	-0.07	-0.11	-0.36	0.19	0.0	-0.06	-0.05	-0.33	0.3	-0.13	-0.59	-0.07	-0.17	-0.59	-0.43	-0.25	-0.17	-0.77	-0.21		-0.14	-0.23	-0.45	-0.07	-0.7	0.19
Total Liab	0.14	1.0	0.76	0.59	0.85	0.95	0.98	0.76	0.42	0.95	-0.02	0.99	0.64	-0.02	0.86	0.7	0.99	0.55	0.76	-0.14		0.74	0.83	0.74	0.46	0.85
Property Plant And Equipment Gross	-0.14	0.73	0.94	0.47	0.68	0.67	0.66	0.94	0.2	0.66	-0.07	0.71	0.56	-0.07	0.73	0.87	0.73	0.49	0.87	-0.23	0.74		0.75	0.61	0.5	0.62
Total Current Assets	0.27	0.81	0.86	0.49	0.81	0.76	0.75	0.85	0.04	0.8	0.3	0.78	0.68	0.3	0.92	0.79	0.81	0.74	0.88	-0.45	0.83	0.75		0.79	0.67	0.46
Short Term Debt	0.44	0.75	0.75	0.5	0.94	0.82	0.73	0.74	0.14	0.7	0.15	0.73	0.65	0.15	0.72	0.71	0.68	0.32	0.78	-0.07	0.74	0.61	0.79		0.33	0.5
Common Stock	0.11	0.43	0.62	0.34	0.39	0.39	0.36	0.6	-0.07	0.42	0.53	0.4	0.51	0.53	0.52	0.58	0.46	0.94	0.52	-0.7	0.46	0.5	0.67	0.33		0.17
Other Liab	-0.13	0.86	0.5	0.51	0.65	0.82	0.9	0.51	0.69	0.78	-0.19	0.88	0.35	-0.19	0.52	0.43	0.85	0.22	0.46	0.19	0.85	0.62	0.46	0.5	0.17

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Edison International Account Relationship Matchups

Edison International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	341M	374M	380M	383M	385M	297.7M
Total Assets	64.4B	69.4B	74.7B	78.0B	81.8B	49.1B
Short Long Term Debt Total	19.6B	24.1B	29.5B	33.1B	35.3B	37.1B
Other Current Liab	2.4B	4.7B	2.6B	2.9B	2.7B	2.6B
Total Current Liabilities	5.5B	10.3B	8.6B	10.3B	8.6B	6.4B
Total Stockholder Equity	13.3B	14.0B	15.9B	15.6B	15.5B	10.3B
Property Plant And Equipment Net	45.0B	48.9B	52.6B	54.9B	57.3B	28.7B
Net Debt	19.5B	24.1B	29.1B	32.2B	35.0B	36.7B
Retained Earnings	8.4B	8.2B	7.9B	7.5B	7.5B	6.5B
Accounts Payable	1.8B	2.0B	2.0B	2.4B	2.0B	1.4B
Cash	68M	87M	390M	914M	345M	327.8M
Non Current Assets Total	60.8B	64.3B	69.3B	71.0B	74.9B	44.3B
Non Currrent Assets Other	11.2B	10.5B	11.7B	11.4B	12.9B	7.0B
Cash And Short Term Investments	68M	87M	390M	914M	345M	327.8M
Net Receivables	1.4B	1.7B	2.2B	2.3B	2.8B	1.6B
Common Stock Total Equity	5.0B	6.0B	6.1B	6.2B	7.1B	7.5B
Liabilities And Stockholders Equity	64.4B	69.4B	74.7B	78.0B	81.8B	49.1B
Non Current Liabilities Total	43.4B	43.1B	48.3B	50.2B	55.2B	31.6B
Inventory	364M	405M	420M	474M	527M	397.1M
Other Current Assets	1.4B	2.9B	2.5B	3.3B	3.2B	3.3B
Other Stockholder Equity	13.3B	14.0B	(54M)	2.0B	1.8B	1.7B
Total Liab	48.9B	53.4B	57.0B	60.5B	63.8B	37.6B
Property Plant And Equipment Gross	45.0B	48.9B	50.7B	53.5B	70.3B	73.8B
Total Current Assets	3.6B	5.1B	5.5B	7.1B	6.8B	4.8B
Short Term Debt	1.1B	3.6B	4.0B	5.1B	3.9B	2.2B
Common Stock	5.0B	6.0B	6.1B	6.2B	6.3B	6.7B
Other Liab	24.9B	22.6B	22.8B	22.2B	25.5B	15.0B
Current Deferred Revenue	299M	302M	243M	167M	177M	347.6M
Other Assets	15.9B	15.3B	16.7B	11.6B	13.3B	9.0B
Long Term Debt	17.9B	19.6B	24.2B	27.0B	30.3B	15.2B
Property Plant Equipment	44.3B	47.8B	50.7B	1.7B	1.9B	1.8B
Short Term Investments	171M	81M	53M	(501M)	(450.9M)	(428.4M)
Net Tangible Assets	13.3B	14.0B	13.9B	13.6B	15.7B	12.8B
Retained Earnings Total Equity	8.4B	8.2B	7.9B	7.5B	8.6B	8.4B
Long Term Debt Total	17.9B	19.6B	24.2B	27.0B	31.1B	16.3B

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Edison Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Edison International fundamental ratios Correlations

Edison International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Edison International fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Other Stockholder Equity	- 0.77	Inventory
Common Stock	- 0.7	Other Stockholder Equity
Other Stockholder Equity	- 0.59	Cash And Short Term Investments
Other Stockholder Equity	- 0.59	Cash
Retained Earnings	- 0.57	Common Stock Shares Outstanding
Total Current Assets	- 0.45	Other Stockholder Equity