Emera Net Debt vs Total Current Assets Analysis
| EMA Stock | 46.77 0.30 0.65% |
Emera Incorporated financial indicator trend analysis is much more than just examining Emera Incorporated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emera Incorporated is a good investment. Please check the relationship between Emera Incorporated 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 Emera Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Emera Stock refer to our How to Trade Emera Stock 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 Emera Incorporated Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Emera Incorporated's Net Debt and Total Current Assets is 0.82. 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 Emera Incorporated, assuming nothing else is changed. The correlation between historical values of Emera Incorporated'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 Emera Incorporated 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., Emera Incorporated's Net Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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 Emera Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emera Incorporated 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 Emera Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Emera Stock refer to our How to Trade Emera Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 343.6 M, whereas Tax Provision is projected to grow to (151.1 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Total Revenue | 7.6B | 7.6B | 7.2B | 7.7B | Interest Expense | 709M | 938M | 981M | 890.7M |
Emera Incorporated fundamental ratios Correlations
Click cells to compare fundamentals
Emera Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Emera Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Emera Incorporated'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 Emera Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Emera Incorporated Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emera Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Emera Stock refer to our How to Trade Emera Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is 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 Emera Incorporated. If investors know Emera 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 Emera Incorporated 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 1.699 | Dividend Share 2.885 | Earnings Share 2.13 | Revenue Per Share 26.904 | Quarterly Revenue Growth 0.326 |
The market value of Emera Incorporated is measured differently than its book value, which is the value of Emera that is recorded on the company's balance sheet. Investors also form their own opinion of Emera Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Emera Incorporated'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 Emera Incorporated's market value can be influenced by many factors that don't directly affect Emera Incorporated'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 Emera Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emera Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emera Incorporated'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.