Sempra Other Operating Expenses vs Gross Profit Analysis

SRE Stock  USD 92.19  1.75  1.93%   
Sempra Energy financial indicator trend analysis is much more than just breaking down Sempra Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sempra Energy is a good investment. Please check the relationship between Sempra Energy Other Operating Expenses and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sempra 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 metropolitan statistical area.
For information on how to trade Sempra Stock refer to our How to Trade Sempra Stock guide.

Other Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sempra Energy Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sempra Energy's Other Operating Expenses and Gross Profit is 0.68. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Sempra Energy, assuming nothing else is changed. The correlation between historical values of Sempra Energy's Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Sempra Energy are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Sempra Energy's Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sempra Energy. It is also known as Sempra Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sempra Energy minus its cost of goods sold. It is profit before Sempra Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Sempra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sempra 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sempra 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 metropolitan statistical area.
For information on how to trade Sempra Stock refer to our How to Trade Sempra Stock guide.At present, Sempra Energy's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.13, whereas Issuance Of Capital Stock is forecasted to decline to about 137.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.3B5.2B4.7B4.2B
Total Revenue12.9B14.4B16.7B17.6B

Sempra Energy fundamental ratios Correlations

0.610.620.60.80.580.60.610.660.860.340.610.590.340.810.650.680.470.650.730.770.340.330.39-0.060.46
0.610.990.790.880.980.990.990.960.770.171.00.780.170.810.990.520.830.990.860.670.70.230.910.590.95
0.620.990.750.880.960.971.00.930.760.110.990.80.110.790.990.480.790.990.830.720.740.180.880.550.91
0.60.790.750.820.840.790.740.780.770.180.790.420.180.830.750.690.640.770.710.510.610.480.80.430.81
0.80.880.880.820.860.850.880.820.860.030.880.770.030.90.870.620.630.890.770.890.610.410.780.280.77
0.580.980.960.840.860.960.950.940.720.220.980.730.230.820.950.510.840.960.850.620.670.330.950.610.94
0.60.990.970.790.850.960.970.970.80.190.990.730.190.80.990.550.850.990.870.610.670.170.880.620.96
0.610.991.00.740.880.950.970.920.750.080.990.810.080.790.990.470.780.990.820.720.740.170.880.560.91
0.660.960.930.780.820.940.970.920.810.340.960.70.350.810.970.620.840.960.90.570.580.220.810.550.91
0.860.770.760.770.860.720.80.750.810.190.760.570.190.910.790.790.690.790.840.70.420.120.590.280.7
0.340.170.110.180.030.220.190.080.340.190.150.021.00.210.180.260.320.150.46-0.13-0.040.250.05-0.020.14
0.611.00.990.790.880.980.990.990.960.760.150.780.150.80.990.510.820.990.840.680.710.240.910.590.95
0.590.780.80.420.770.730.730.810.70.570.020.780.020.550.770.170.570.790.580.80.550.270.680.370.68
0.340.170.110.180.030.230.190.080.350.191.00.150.020.210.180.250.330.160.46-0.13-0.030.250.06-0.020.15
0.810.810.790.830.90.820.80.790.810.910.210.80.550.210.810.740.720.810.880.740.40.260.720.280.7
0.650.990.990.750.870.950.990.990.970.790.180.990.770.180.810.550.81.00.860.690.70.170.840.540.92
0.680.520.480.690.620.510.550.470.620.790.260.510.170.250.740.550.570.540.740.380.220.10.390.210.5
0.470.830.790.640.630.840.850.780.840.690.320.820.570.330.720.80.570.80.890.380.37-0.020.820.770.84
0.650.990.990.770.890.960.990.990.960.790.150.990.790.160.811.00.540.80.860.710.70.20.860.540.92
0.730.860.830.710.770.850.870.820.90.840.460.840.580.460.880.860.740.890.860.560.440.110.730.470.79
0.770.670.720.510.890.620.610.720.570.7-0.130.680.8-0.130.740.690.380.380.710.560.460.330.53-0.010.47
0.340.70.740.610.610.670.670.740.580.42-0.040.710.55-0.030.40.70.220.370.70.440.460.240.660.350.71
0.330.230.180.480.410.330.170.170.220.120.250.240.270.250.260.170.1-0.020.20.110.330.240.32-0.170.22
0.390.910.880.80.780.950.880.880.810.590.050.910.680.060.720.840.390.820.860.730.530.660.320.730.93
-0.060.590.550.430.280.610.620.560.550.28-0.020.590.37-0.020.280.540.210.770.540.47-0.010.35-0.170.730.75
0.460.950.910.810.770.940.960.910.910.70.140.950.680.150.70.920.50.840.920.790.470.710.220.930.75
Click cells to compare fundamentals

Sempra Energy Account Relationship Matchups

Sempra Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding564.1M584.5M626.1M632.8M632.7M320.8M
Total Assets65.7B66.6B72.0B78.6B87.2B91.5B
Short Long Term Debt Total25.8B24.2B24.6B28.9B31.7B33.3B
Other Current Liab1.7B3.1B4.7B3.4B4.6B2.6B
Total Current Liabilities9.2B6.8B10.0B9.9B10.1B6.5B
Total Stockholder Equity19.9B23.4B26.0B27.1B28.7B30.1B
Property Plant And Equipment Net37.0B40.5B44.5B48.4B55.7B58.5B
Net Debt25.7B23.2B24.1B28.5B31.5B33.0B
Retained Earnings11.1B13.7B13.5B14.2B15.7B16.5B
Accounts Payable1.2B1.4B1.7B2.0B2.2B1.2B
Cash108M960M559M370M285M506.6M
Non Current Assets Total62.3B62.1B67.7B72.7B81.7B85.8B
Non Currrent Assets Other8.2B4.4B5.2B5.3B6.1B6.4B
Cash And Short Term Investments108M960M559M370M285M518.9M
Net Receivables1.9B2.1B2.6B3.5B2.8B1.7B
Liabilities And Stockholders Equity65.7B66.6B72.0B78.6B87.2B91.5B
Non Current Liabilities Total34.7B34.9B34.6B39.4B43.4B45.6B
Inventory277M308M389M403M482M269.4M
Other Current Assets618M1.1B856M1.7B1.9B1.8B
Total Liab43.9B41.7B44.6B49.3B53.5B56.2B
Total Current Assets3.3B4.5B4.4B5.9B5.5B5.1B
Accumulated Other Comprehensive Income(939M)(500M)(318M)(135M)(150M)(157.5M)
Short Term Debt5.0B2.4B3.6B4.5B3.3B1.7B
Common Stock7.5B7.1B11.9B2.3B12.2B12.8B
Current Deferred Revenue1.2B1.3B3.2B233M5M4.8M
Common Stock Total Equity5.5B7.5B7.1B11.9B13.6B14.3B
Other Stockholder Equity2.3B3.1B889M10.7B40.2B42.2B
Property Plant And Equipment Gross37.0B40.5B58.9B48.4B73.2B76.9B
Other Liab13.1B13.1B13.2B14.0B16.1B8.7B
Other Assets9.8B6.4B6.7B5.8B6.6B4.4B
Long Term Debt20.8B21.8B19.8B23.3B27.8B29.1B
Property Plant Equipment36.5B40.0B43.9B48.4B55.7B58.5B
Short Term Investments66M2M12.4B(14.8B)(13.3B)(12.7B)
Intangible Assets213M202M370M344M318M305.0M
Noncontrolling Interest In Consolidated Entity2.1B1.9B1.6B1.4B1.7B1.3B
Retained Earnings Total Equity10.1B11.1B13.7B13.5B15.6B8.9B

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 Sempra Energy is a strong investment it is important to analyze Sempra Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sempra Energy's future performance. For an informed investment choice regarding Sempra Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sempra 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 metropolitan statistical area.
For information on how to trade Sempra Stock refer to our How to Trade Sempra Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Multi-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 Sempra Energy. If investors know Sempra 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 Sempra Energy 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
(0.12)
Dividend Share
2.45
Earnings Share
4.54
Revenue Per Share
20.413
Quarterly Revenue Growth
(0.17)
The market value of Sempra Energy is measured differently than its book value, which is the value of Sempra that is recorded on the company's balance sheet. Investors also form their own opinion of Sempra Energy's value that differs from its market value or its book value, called intrinsic value, which is Sempra Energy'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 Sempra Energy's market value can be influenced by many factors that don't directly affect Sempra Energy'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 Sempra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sempra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sempra Energy'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.