Consolidated Current Ratio vs Leverage Ratio Analysis

ED Stock  USD 90.05  2.60  2.97%   
Trend analysis of Consolidated Edison balance sheet accounts such as Short and Long Term Debt Total of 13 B provides information on Consolidated Edison's total assets, liabilities, and equity, which is the actual value of Consolidated Edison to its prevalent stockholders. By breaking down trends over time using Consolidated Edison balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.

About Consolidated Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Consolidated Edison at a specified time, usually calculated after every quarter, six months, or one year. Consolidated Edison Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Consolidated Edison and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Consolidated currently owns. An asset can also be divided into two categories, current and non-current.

Consolidated Edison Balance Sheet Chart

Consolidated Edison Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Consolidated Edison uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Consolidated Edison's Cash And Short Term Investments are projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 4 B, whereas Total Assets are forecasted to decline to about 38.4 B.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Consolidated Edison assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Consolidated Edison books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Consolidated Edison's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consolidated Edison 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.As of March 28, 2024, Selling General Administrative is expected to decline to about 3.3 B. In addition to that, Tax Provision is expected to decline to about 332.2 M
 2021 2022 2023 2024 (projected)
Gross Profit7.7B7.7B7.4B6.2B
Total Revenue13.7B15.7B14.7B10.8B

Consolidated Edison fundamental ratios Correlations

0.980.970.630.850.820.970.970.950.930.760.940.160.730.690.630.730.670.390.970.760.79-0.6-0.37-0.60.68
0.980.970.610.860.770.980.970.980.920.780.940.080.750.660.560.660.640.361.00.740.84-0.68-0.4-0.680.67
0.970.970.540.820.840.991.00.950.860.80.970.140.750.650.650.630.60.390.950.660.86-0.54-0.3-0.540.71
0.630.610.540.880.20.520.530.520.730.540.4-0.130.540.440.140.720.41-0.250.610.960.6-0.27-0.11-0.270.33
0.850.860.820.880.50.810.820.810.870.760.71-0.080.750.580.360.680.510.00.860.910.9-0.5-0.25-0.50.55
0.820.770.840.20.50.820.850.770.640.660.920.470.610.620.850.540.60.670.730.390.58-0.36-0.23-0.360.68
0.970.980.990.520.810.820.990.980.870.780.970.090.740.640.610.610.590.410.970.640.84-0.61-0.34-0.610.69
0.970.971.00.530.820.850.990.950.860.790.970.140.750.650.650.630.60.40.950.650.85-0.54-0.3-0.540.71
0.950.980.950.520.810.770.980.950.90.780.93-0.020.750.680.570.630.570.390.970.660.81-0.68-0.35-0.680.72
0.930.920.860.730.870.640.870.860.90.760.81-0.070.720.770.520.780.680.290.920.850.73-0.63-0.38-0.630.7
0.760.780.80.540.760.660.780.790.780.760.770.040.960.840.750.620.740.450.770.650.76-0.55-0.39-0.550.88
0.940.940.970.40.710.920.970.970.930.810.770.310.720.640.750.570.60.520.910.550.77-0.57-0.35-0.570.71
0.160.080.14-0.13-0.080.470.090.14-0.02-0.070.040.310.0-0.040.46-0.060.210.340.07-0.08-0.020.01-0.230.01-0.07
0.730.750.750.540.750.610.740.750.750.720.960.720.00.820.690.610.70.440.740.630.76-0.58-0.42-0.580.84
0.690.660.650.440.580.620.640.650.680.770.840.64-0.040.820.790.720.830.560.650.590.49-0.57-0.5-0.570.94
0.630.560.650.140.360.850.610.650.570.520.750.750.460.690.790.470.710.760.530.290.42-0.35-0.38-0.350.84
0.730.660.630.720.680.540.610.630.630.780.620.57-0.060.610.720.470.60.110.640.850.45-0.23-0.03-0.240.59
0.670.640.60.410.510.60.590.60.570.680.740.60.210.70.830.710.60.630.650.550.41-0.58-0.63-0.580.7
0.390.360.39-0.250.00.670.410.40.390.290.450.520.340.440.560.760.110.630.34-0.090.12-0.44-0.51-0.440.61
0.971.00.950.610.860.730.970.950.970.920.770.910.070.740.650.530.640.650.340.740.83-0.72-0.44-0.720.65
0.760.740.660.960.910.390.640.650.660.850.650.55-0.080.630.590.290.850.55-0.090.740.66-0.36-0.15-0.360.45
0.790.840.860.60.90.580.840.850.810.730.760.77-0.020.760.490.420.450.410.120.830.66-0.48-0.24-0.480.56
-0.6-0.68-0.54-0.27-0.5-0.36-0.61-0.54-0.68-0.63-0.55-0.570.01-0.58-0.57-0.35-0.23-0.58-0.44-0.72-0.36-0.480.851.0-0.52
-0.37-0.4-0.3-0.11-0.25-0.23-0.34-0.3-0.35-0.38-0.39-0.35-0.23-0.42-0.5-0.38-0.03-0.63-0.51-0.44-0.15-0.240.850.85-0.39
-0.6-0.68-0.54-0.27-0.5-0.36-0.61-0.54-0.68-0.63-0.55-0.570.01-0.58-0.57-0.35-0.24-0.58-0.44-0.72-0.36-0.481.00.85-0.52
0.680.670.710.330.550.680.690.710.720.70.880.71-0.070.840.940.840.590.70.610.650.450.56-0.52-0.39-0.52
Click cells to compare fundamentals

Consolidated Edison Account Relationship Matchups

Consolidated Edison fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding329.5M335.7M349.4M354.1M349.3M290.5M
Total Assets58.1B62.9B63.1B69.1B66.3B38.4B
Short Long Term Debt Total22.5B25.1B25.4B24.4B25.0B13.0B
Other Current Liab1.6B1.6B1.6B5.2B1.6B1.3B
Total Current Liabilities6.3B7.4B5.4B11.3B6.5B4.0B
Total Stockholder Equity18.0B18.8B20.0B12.0B21.2B10.7B
Property Plant And Equipment Net44.7B47.4B49.4B47.3B50.1B27.6B
Net Debt21.6B23.8B24.4B23.1B23.8B12.5B
Retained Earnings11.1B11.2B11.4B12.0B13.4B8.2B
Accounts Payable1.2B1.5B1.5B2.0B1.8B1.1B
Cash981M1.3B992M1.3B1.2B1.2B
Non Current Assets Total53.8B57.6B57.6B48.1B59.8B32.5B
Non Currrent Assets Other5.0B6.4B5.5B(235M)316M300.2M
Cash And Short Term Investments981M1.3B992M1.3B1.2B1.2B
Liabilities And Stockholders Equity58.1B62.9B63.1B69.1B66.3B38.4B
Non Current Liabilities Total33.6B36.5B37.4B20.1B38.7B40.6B
Other Current Assets328M497M567M481M405M520.7M
Other Stockholder Equity6.9B7.7B8.6B(22M)7.7B8.1B
Total Liab39.9B43.8B42.8B48.2B45.2B26.2B
Total Current Assets4.3B5.3B5.6B13.0B6.5B3.6B
Short Term Debt3.2B3.9B2.0B3.8B2.7B1.4B
Property Plant And Equipment Gross44.7B47.4B48.6B46.8B64.3B67.5B
Other Liab14.2B15.2B14.0B16.2B18.6B19.6B
Other Assets5.4B6.9B6.1B8.0B9.2B6.7B
Long Term Debt18.5B20.4B22.6B20.1B21.9B13.2B
Intangible Assets131M1.7B1.6B1.5B1.3B0.0
Property Plant Equipment43.9B46.6B48.6B46.8B53.8B30.2B
Noncontrolling Interest In Consolidated Entity191M218M299M202M232.3M243.9M

Pair Trading with Consolidated Edison

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.

Moving against Consolidated Stock

  0.55PCG-PI Pacific Gas AndPairCorr
  0.49PCG-PG Pacific Gas AndPairCorr
  0.48PCG-PH Pacific Gas AndPairCorr
  0.48PCG-PD Pacific Gas AndPairCorr
  0.44PCG-PB Pacific Gas AndPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Consolidated Edison is a strong investment it is important to analyze Consolidated Edison'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 Consolidated Edison's future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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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.