Consolidated Edison Current Liabilities vs. Beta
| ED Stock | USD 91.77 0.87 0.96% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.58 | 0.505 |
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| Net Profit Margin | 0.18 | 0.1718 |
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| Operating Profit Margin | 0.14 | 0.218 |
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| Pretax Profit Margin | 0.14 | 0.2048 |
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| Return On Assets | 0.0359 | 0.038 |
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| Return On Equity | 0.12 | 0.1191 |
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For Consolidated Edison profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Consolidated Edison to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Consolidated Edison utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Consolidated Edison's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Consolidated Edison over time as well as its relative position and ranking within its peers.
Consolidated |
Is Consolidated Edison'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 Consolidated Edison. If investors know Consolidated 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 Consolidated Edison 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 0.821 | Dividend Share 3.24 | Earnings Share 7.21 | Revenue Per Share 42.171 | Quarterly Revenue Growth (0.15) |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison'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 Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison'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 Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison'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.
Consolidated Edison Beta vs. Current Liabilities Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Consolidated Edison's current stock value. Our valuation model uses many indicators to compare Consolidated Edison value to that of its competitors to determine the firm's financial worth. Consolidated Edison is one of the top stocks in current liabilities category among related companies. It is one of the top stocks in beta category among related companies . The ratio of Current Liabilities to Beta for Consolidated Edison is about 13,371,104,816 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Consolidated Edison by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Consolidated Edison's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Consolidated Edison's earnings, one of the primary drivers of an investment's value.Consolidated Beta vs. Current Liabilities
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.
Consolidated Edison |
| = | 4.72 B |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Consolidated Edison |
| = | 0.35 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Consolidated Beta Comparison
Consolidated Edison is currently under evaluation in beta category among related companies.
Beta Analysis
As returns on the market increase, Consolidated Edison's returns are expected to increase less than the market. However, during the bear market, the loss of holding Consolidated Edison is expected to be smaller as well.
Consolidated Edison Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Consolidated Edison, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Consolidated Edison will eventually generate negative long term returns. The profitability progress is the general direction of Consolidated Edison's change in net profit over the period of time. It can combine multiple indicators of Consolidated Edison, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 25.3 M | 26.6 M | |
| Operating Income | 3.2 B | 2.3 B | |
| Net Income | 2.5 B | 2.6 B | |
| Income Tax Expense | 487 M | 511.4 M | |
| Income Before Tax | 3 B | 1.6 B | |
| Total Other Income Expense Net | 1.7 B | 1.8 B | |
| Net Income Applicable To Common Shares | 1.9 B | 1.1 B | |
| Net Income From Continuing Ops | 2.5 B | 1.5 B | |
| Non Operating Income Net Other | 293.4 M | 308.1 M | |
| Interest Income | 89.1 M | 84.6 M | |
| Net Interest Income | -1 B | -1.1 B | |
| Change To Netincome | 463.4 M | 486.6 M | |
| Net Income Per Share | 7.24 | 7.61 | |
| Income Quality | 0.86 | 1.63 | |
| Net Income Per E B T | 0.84 | 0.56 |
Consolidated Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Consolidated Edison. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Consolidated Edison position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Consolidated Edison's important profitability drivers and their relationship over time.
Use Consolidated Edison in pair-trading
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 Consolidated Edison 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 Consolidated Edison will appreciate offsetting losses from the drop in the long position's value.Consolidated Edison Pair Trading
Consolidated Edison Pair Trading Analysis
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison 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 Consolidated Edison - 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 Consolidated Edison to buy it.
The correlation of Consolidated Edison 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 Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison 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 Consolidated Edison 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.Use Investing Themes to Complement your Consolidated Edison position
In addition to having Consolidated Edison in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 138 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Allocation ETFs Theme or any other thematic opportunities.
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Check out Investing Opportunities. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Consolidated Stock analysis
When running Consolidated Edison's price analysis, check to measure Consolidated Edison'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 Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
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To fully project Consolidated Edison's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Consolidated Edison at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Consolidated Edison's income statement, its balance sheet, and the statement of cash flows.