Eversource Energy Stock Current Liabilities

ES Stock  USD 58.99  0.48  0.82%   
Eversource Energy fundamentals help investors to digest information that contributes to Eversource Energy's financial success or failures. It also enables traders to predict the movement of Eversource Stock. The fundamental analysis module provides a way to measure Eversource Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eversource Energy stock.
At this time, Eversource Energy's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 41.7 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 913.2 M in 2024.
  
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Eversource Energy Company Current Liabilities Analysis

Eversource Energy's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Eversource Energy Current Liabilities

    
  2.99 B  
Most of Eversource Energy's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eversource Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eversource Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Eversource Energy is extremely important. It helps to project a fair market value of Eversource Stock properly, considering its historical fundamentals such as Current Liabilities. Since Eversource Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eversource Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eversource Energy's interrelated accounts and indicators.
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Eversource Current Liabilities Historical Pattern

Today, most investors in Eversource Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eversource Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Eversource Energy current liabilities as a starting point in their analysis.
   Eversource Energy Current Liabilities   
       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Eversource Total Current Liabilities

Total Current Liabilities

6.66 Billion

At this time, Eversource Energy's Total Current Liabilities is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Eversource Energy has a Current Liabilities of 2.99 B. This is 89.92% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The current liabilities for all United States stocks is 62.17% higher than that of the company.

Eversource Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eversource Energy's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eversource Energy could also be used in its relative valuation, which is a method of valuing Eversource Energy by comparing valuation metrics of similar companies.
Eversource Energy is currently under evaluation in current liabilities category among related companies.

Eversource Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Eversource Energy from analyzing Eversource Energy's financial statements. These drivers represent accounts that assess Eversource Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eversource Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap27.3B29.3B31.3B29.1B21.6B22.7B
Enterprise Value42.9B47.2B51.4B51.6B48.4B50.8B

Eversource Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eversource Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eversource Energy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Eversource Fundamentals

About Eversource Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eversource Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eversource Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eversource Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Eversource Energy Investors Sentiment

The influence of Eversource Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eversource. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Eversource Energy's public news can be used to forecast risks associated with an investment in Eversource. The trend in average sentiment can be used to explain how an investor holding Eversource can time the market purely based on public headlines and social activities around Eversource Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eversource Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eversource Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eversource Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eversource Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eversource Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eversource Energy's short interest history, or implied volatility extrapolated from Eversource Energy options trading.

Pair Trading with Eversource Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eversource Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eversource Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eversource Stock

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Moving against Eversource Stock

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The ability to find closely correlated positions to Eversource Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eversource Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eversource Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eversource Energy to buy it.
The correlation of Eversource Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eversource Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eversource Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eversource Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Eversource Energy is a strong investment it is important to analyze Eversource 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 Eversource Energy's future performance. For an informed investment choice regarding Eversource Stock, refer to the following important reports:
Check out Eversource Energy Piotroski F Score and Eversource Energy Altman Z Score analysis.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Is Eversource Energy's 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 Eversource Energy. If investors know Eversource 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 Eversource 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
(0.03)
Dividend Share
2.7
Earnings Share
(1.27)
Revenue Per Share
34.071
Quarterly Revenue Growth
(0.11)
The market value of Eversource Energy is measured differently than its book value, which is the value of Eversource that is recorded on the company's balance sheet. Investors also form their own opinion of Eversource Energy's value that differs from its market value or its book value, called intrinsic value, which is Eversource 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 Eversource Energy's market value can be influenced by many factors that don't directly affect Eversource 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 Eversource Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eversource Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eversource 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.