Chevron Enterprise Value vs Average Equity Analysis

CVX -- USA Stock  

USD 124.04  1.50  1.19%

Chevron financial indicator trend analysis is way more than just evaluating Chevron prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron is a good investment. Please check the relationship between Chevron Enterprise Value and its Average Equity accounts. Check also Trending Equities.

Enterprise Value vs Average Equity

Accounts Relationship

Enterprise Value vs Average Equity

Significance: Very Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Chevron Enterprise Value account and Average Equity

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Enterprise Value

Enterprise Value (or EV) is usually referred to as Chevron theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Chevron debt, but would also pocket its cash. Enterprise Value is more accurate representation of Chevron value then its market capitalization because it takes into account all of Chevron Corporation existing debt. Enterprise value is a measure of the value of a business as a whole, calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

Average Equity

Average equity value for the period used in calculation of Return on Average Equity, derived from Shareholders Equity.

Did you try this?

Run Portfolio Center Now
   

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios
All  Next Launch Portfolio Center

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.