Eversource Total Current Liabilities vs Common Stock Analysis

ES Stock  USD 65.21  0.59  0.90%   
Eversource Energy financial indicator trend analysis is much more than just examining Eversource Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eversource Energy is a good investment. Please check the relationship between Eversource Energy Total Current Liabilities and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource 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 state.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eversource Energy Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eversource Energy's Total Current Liabilities and Common Stock is 0.58. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of Eversource Energy, assuming nothing else is changed. The correlation between historical values of Eversource Energy's Total Current Liabilities and Common Stock 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 Current Liabilities of Eversource Energy are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Eversource Energy's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Eversource Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eversource Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock

Most indicators from Eversource Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eversource 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 Eversource 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 state.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.At this time, Eversource Energy's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 52.1 B in 2025, despite the fact that Selling General Administrative is likely to grow to (145.2 M).
 2022 2023 2024 2025 (projected)
Gross Profit5.4B4.8B3.7B3.3B
Total Revenue12.3B11.9B11.9B6.4B

Eversource Energy fundamental ratios Correlations

0.580.440.20.550.50.560.220.440.780.720.30.590.220.210.880.980.470.20.370.370.60.480.470.550.99
0.580.980.830.970.961.00.820.980.70.810.321.00.850.240.770.620.980.730.920.880.990.980.950.940.62
0.440.980.880.960.940.990.891.00.60.780.270.980.890.210.680.490.970.80.950.890.970.990.960.920.47
0.20.830.880.820.920.830.820.880.260.480.090.820.970.050.450.310.820.890.950.970.760.850.910.790.26
0.550.970.960.820.920.970.880.960.670.840.420.970.820.360.760.590.950.740.910.850.970.980.950.980.58
0.50.960.940.920.920.950.780.940.540.660.190.950.930.110.660.570.930.80.960.980.90.920.960.910.55
0.561.00.990.830.970.950.830.980.70.820.311.00.840.230.750.590.980.740.920.870.990.980.950.930.59
0.220.820.890.820.880.780.830.890.440.710.310.810.760.280.550.270.810.780.870.760.810.920.870.840.24
0.440.981.00.880.960.940.980.890.60.770.260.970.890.20.680.490.970.80.950.890.970.990.960.920.47
0.780.70.60.260.670.540.70.440.60.90.580.710.280.520.820.730.640.120.420.350.750.640.520.610.74
0.720.810.780.480.840.660.820.710.770.90.60.820.480.550.90.710.750.420.630.510.860.820.720.770.7
0.30.320.270.090.420.190.310.310.260.580.60.320.040.980.480.250.290.00.130.060.370.320.280.360.28
0.591.00.980.820.970.951.00.810.970.710.820.320.840.240.770.630.980.720.910.880.990.970.940.930.62
0.220.850.890.970.820.930.840.760.890.280.480.040.84-0.020.440.340.840.840.940.960.780.840.890.810.3
0.210.240.210.050.360.110.230.280.20.520.550.980.24-0.020.410.160.22-0.030.07-0.020.290.260.210.280.18
0.880.770.680.450.760.660.750.550.680.820.90.480.770.440.410.870.680.470.60.540.790.720.720.710.86
0.980.620.490.310.590.570.590.270.490.730.710.250.630.340.160.870.50.280.450.480.620.510.530.60.99
0.470.980.970.820.950.930.980.810.970.640.750.290.980.840.220.680.50.730.910.860.980.970.930.90.51
0.20.730.80.890.740.80.740.780.80.120.420.00.720.84-0.030.470.280.730.90.860.680.780.880.730.24
0.370.920.950.950.910.960.920.870.950.420.630.130.910.940.070.60.450.910.90.960.880.940.980.90.42
0.370.880.890.970.850.980.870.760.890.350.510.060.880.96-0.020.540.480.860.860.960.810.860.930.850.44
0.60.990.970.760.970.90.990.810.970.750.860.370.990.780.290.790.620.980.680.880.810.970.920.920.62
0.480.980.990.850.980.920.980.920.990.640.820.320.970.840.260.720.510.970.780.940.860.970.960.930.5
0.470.950.960.910.950.960.950.870.960.520.720.280.940.890.210.720.530.930.880.980.930.920.960.920.51
0.550.940.920.790.980.910.930.840.920.610.770.360.930.810.280.710.60.90.730.90.850.920.930.920.6
0.990.620.470.260.580.550.590.240.470.740.70.280.620.30.180.860.990.510.240.420.440.620.50.510.6
Click cells to compare fundamentals

Eversource Energy Account Relationship Matchups

Eversource Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding339.8M344.6M347.2M349.6M357.8M213.4M
Total Assets46.1B48.5B53.2B55.6B59.6B62.6B
Short Long Term Debt Total18.0B20.2B22.9B26.8B28.7B30.2B
Other Current Liab1.2B1.4B1.9B1.7B3.7B3.9B
Total Current Liabilities4.9B5.8B6.8B6.3B6.7B7.1B
Total Stockholder Equity14.1B14.6B15.5B14.2B21.8B22.8B
Property Plant And Equipment Net30.9B33.4B36.1B39.5B41.0B43.0B
Net Debt17.9B20.2B22.6B26.7B28.7B30.2B
Retained Earnings4.6B5.0B5.5B4.1B3.9B2.2B
Accounts Payable1.4B1.7B2.1B1.9B1.7B929.3M
Cash106.6M66.8M374.6M53.9M26.7M25.3M
Non Current Assets Total43.0B45.2B49.0B51.4B54.5B57.2B
Non Currrent Assets Other6.1B5.5B5.8B6.3B10.0B10.5B
Cash And Short Term Investments106.6M66.8M374.6M53.9M26.7M25.3M
Net Receivables1.4B1.4B1.8B1.7B1.7B1.0B
Liabilities And Stockholders Equity46.1B48.5B53.2B55.6B59.6B62.6B
Non Current Liabilities Total27.0B27.9B30.8B34.9B31.1B41.4B
Inventory265.6M267.5M374.4M507.3M594.6M624.3M
Other Current Assets1.3B1.5B1.7B2.0B2.8B2.9B
Other Stockholder Equity7.7B7.8B8.2B8.3B16.0B16.8B
Total Liab31.9B33.7B37.6B41.3B37.8B39.7B
Property Plant And Equipment Gross30.9B42.8B46.0B50.0B51.7B54.3B
Total Current Assets3.1B3.3B4.2B4.2B5.1B5.3B
Accumulated Other Comprehensive Income(76.4M)(42.3M)(39.4M)(33.7M)(26.5M)(27.8M)
Short Term Debt2.3B2.7B2.8B2.8B3.0B3.2B
Other Liab10.4B11.2B10.3B10.6B12.2B12.8B
Other Assets23K(50K)20K7K(22K)(20.9K)
Long Term Debt15.1B17.0B19.7B24.0B26.0B27.3B
Property Plant Equipment27.6B30.9B33.4B36.1B41.5B43.6B
Treasury Stock(299.1M)(278.0M)(250.9M)(216.2M)(248.7M)(261.1M)
Good Will4.4B4.5B4.5B4.5B3.6B3.3B
Retained Earnings Total Equity4.2B4.6B5.0B5.5B6.4B6.7B
Deferred Long Term Liab4.9B5.5B4.6B4.2B4.9B3.4B
Net Tangible Assets8.9B14.7B15.2B16.0B18.4B16.1B

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Additional Tools for Eversource Stock Analysis

When running Eversource Energy's price analysis, check to measure Eversource Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eversource Energy is operating at the current time. Most of Eversource Energy's value examination focuses on studying past and present price action to predict the probability of Eversource Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eversource Energy's price. Additionally, you may evaluate how the addition of Eversource Energy to your portfolios can decrease your overall portfolio volatility.