Essential Other Current Assets from 2010 to 2024
| WTRG Stock | USD 39.35 0.11 0.28% |
Other Current Assets | First Reported 1994-03-31 | Previous Quarter 492 M | Current Value 50.1 M | Quarterly Volatility 54.3 M |
Check Essential Utilities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essential main balance sheet or income statement drivers, such as Depreciation And Amortization of 360.9 M, Total Revenue of 2.2 B or Gross Profit of 439.5 M, as well as many exotic indicators such as Price To Sales Ratio of 3.56, Dividend Yield of 0.029 or PTB Ratio of 3.05. Essential financial statements analysis is a perfect complement when working with Essential Utilities Valuation or Volatility modules.
Essential | Other Current Assets |
Latest Essential Utilities' Other Current Assets Growth Pattern
Below is the plot of the Other Current Assets of Essential Utilities over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Essential Utilities' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Essential Utilities' overall financial position and show how it may be relating to other accounts over time.
| Other Current Assets | 10 Years Trend |
|
Other Current Assets |
| Timeline |
Essential Other Current Assets Regression Statistics
| Arithmetic Mean | 99,906,463 | |
| Geometric Mean | 27,880,000 | |
| Coefficient Of Variation | 172.92 | |
| Mean Deviation | 123,845,941 | |
| Median | 16,259,000 | |
| Standard Deviation | 172,757,332 | |
| Sample Variance | 29845.1T | |
| Range | 516M | |
| R-Value | 0.53 | |
| Mean Square Error | 22947.6T | |
| R-Squared | 0.29 | |
| Significance | 0.04 | |
| Slope | 20,659,831 | |
| Total Sum of Squares | 417831.3T |
Essential Other Current Assets History
About Essential Utilities Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Essential Utilities income statement, its balance sheet, and the statement of cash flows. Essential Utilities investors use historical funamental indicators, such as Essential Utilities's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Essential Utilities investors may use each financial statement separately, they are all related. The changes in Essential Utilities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Essential Utilities's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Essential Utilities Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Essential Utilities. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Current Assets | 492 M | 516.6 M |
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 Essential Utilities is a strong investment it is important to analyze Essential Utilities' 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 Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:Check out the analysis of Essential Utilities Correlation against competitors. For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Essential Stock analysis
When running Essential Utilities' price analysis, check to measure Essential Utilities' 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 Essential Utilities is operating at the current time. Most of Essential Utilities' value examination focuses on studying past and present price action to predict the probability of Essential Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essential Utilities' price. Additionally, you may evaluate how the addition of Essential Utilities to your portfolios can decrease your overall portfolio volatility.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Is Essential Utilities' industry 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 Essential Utilities. If investors know Essential 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 Essential Utilities 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 0.347 | Dividend Share 1.208 | Earnings Share 2.11 | Revenue Per Share 7.197 | Quarterly Revenue Growth (0.16) |
The market value of Essential Utilities is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Utilities' value that differs from its market value or its book value, called intrinsic value, which is Essential Utilities' 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 Essential Utilities' market value can be influenced by many factors that don't directly affect Essential Utilities' 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 Essential Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Utilities' 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.