Consolidated Non Current Liabilities Total vs Total Assets Analysis

ED Stock

USD 96.64 0.17 0.18%

Consolidated Edison financial indicator trend analysis is way more than just evaluating Consolidated Edison prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consolidated Edison is a good investment. Please check the relationship between Consolidated Edison Non Current Liabilities Total and its Total Assets accounts. 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.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Consolidated Edison Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Consolidated Edison's Non Current Liabilities Total and Total Assets is 0.56. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Consolidated Edison, assuming nothing else is changed. The correlation between historical values of Consolidated Edison's Non Current Liabilities Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Consolidated Edison are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Consolidated Edison's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Current Liabilities Total

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 May 15, 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 Profit	7.7B	7.7B	7.4B	6.2B
Total Revenue	13.7B	15.7B	14.7B	10.8B

Gross Profit Total Revenue

Consolidated Edison fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.98	0.96	0.65	0.85	0.82	0.97	0.96	0.95	0.93	0.76	0.94	0.15	0.73	0.69	0.62	0.74	0.67	0.48	0.97	0.77	0.79	-0.6	-0.36	-0.6	0.68
Total Assets	0.98		0.97	0.61	0.86	0.77	0.98	0.97	0.98	0.92	0.78	0.94	0.08	0.75	0.66	0.56	0.66	0.64	0.41	1.0	0.74	0.84	-0.68	-0.4	-0.68	0.67
Short Long Term Debt Total	0.96	0.97		0.54	0.82	0.84	0.99	1.0	0.95	0.86	0.8	0.97	0.14	0.75	0.65	0.65	0.63	0.6	0.51	0.95	0.66	0.86	-0.54	-0.3	-0.54	0.71
Other Current Liab	0.65	0.61	0.54		0.88	0.2	0.52	0.53	0.52	0.73	0.54	0.4	-0.13	0.54	0.44	0.14	0.72	0.41	-0.05	0.61	0.96	0.6	-0.27	-0.11	-0.27	0.33
Total Current Liabilities	0.85	0.86	0.82	0.88		0.5	0.81	0.82	0.81	0.87	0.76	0.71	-0.08	0.75	0.58	0.36	0.68	0.51	0.16	0.86	0.91	0.9	-0.5	-0.25	-0.5	0.55
Total Stockholder Equity	0.82	0.77	0.84	0.2	0.5		0.82	0.85	0.77	0.64	0.66	0.92	0.47	0.61	0.62	0.85	0.54	0.6	0.83	0.73	0.39	0.58	-0.36	-0.23	-0.36	0.68
Property Plant And Equipment Net	0.97	0.98	0.99	0.52	0.81	0.82		0.99	0.98	0.87	0.78	0.97	0.09	0.74	0.64	0.61	0.61	0.59	0.46	0.97	0.64	0.84	-0.61	-0.34	-0.61	0.69
Net Debt	0.96	0.97	1.0	0.53	0.82	0.85	0.99		0.95	0.86	0.79	0.97	0.14	0.75	0.65	0.65	0.63	0.6	0.52	0.95	0.65	0.85	-0.54	-0.3	-0.54	0.71
Retained Earnings	0.95	0.98	0.95	0.52	0.81	0.77	0.98	0.95		0.9	0.78	0.93	-0.02	0.75	0.68	0.57	0.63	0.57	0.41	0.97	0.66	0.81	-0.68	-0.35	-0.68	0.72
Accounts Payable	0.93	0.92	0.86	0.73	0.87	0.64	0.87	0.86	0.9		0.76	0.81	-0.07	0.72	0.77	0.52	0.78	0.68	0.34	0.92	0.85	0.73	-0.63	-0.38	-0.63	0.7
Cash	0.76	0.78	0.8	0.54	0.76	0.66	0.78	0.79	0.78	0.76		0.77	0.04	0.96	0.84	0.75	0.62	0.74	0.58	0.77	0.65	0.76	-0.55	-0.39	-0.55	0.88
Non Current Assets Total	0.94	0.94	0.97	0.4	0.71	0.92	0.97	0.97	0.93	0.81	0.77		0.31	0.72	0.64	0.75	0.57	0.6	0.64	0.91	0.55	0.77	-0.57	-0.35	-0.57	0.71
Non Currrent Assets Other	0.15	0.08	0.14	-0.13	-0.08	0.47	0.09	0.14	-0.02	-0.07	0.04	0.31		0.0	-0.04	0.46	-0.06	0.21	0.56	0.07	-0.08	-0.02	0.01	-0.23	0.01	-0.07
Cash And Short Term Investments	0.73	0.75	0.75	0.54	0.75	0.61	0.74	0.75	0.75	0.72	0.96	0.72	0.0		0.82	0.69	0.61	0.7	0.53	0.74	0.63	0.76	-0.58	-0.42	-0.58	0.84
Net Receivables	0.69	0.66	0.65	0.44	0.58	0.62	0.64	0.65	0.68	0.77	0.84	0.64	-0.04	0.82		0.79	0.72	0.83	0.66	0.65	0.59	0.49	-0.57	-0.5	-0.57	0.94
Non Current Liabilities Total	0.62	0.56	0.65	0.14	0.36	0.85	0.61	0.65	0.57	0.52	0.75	0.75	0.46	0.69	0.79		0.47	0.71	0.96	0.53	0.29	0.42	-0.35	-0.38	-0.35	0.84
Inventory	0.74	0.66	0.63	0.72	0.68	0.54	0.61	0.63	0.63	0.78	0.62	0.57	-0.06	0.61	0.72	0.47		0.6	0.34	0.64	0.85	0.45	-0.23	-0.03	-0.24	0.59
Other Current Assets	0.67	0.64	0.6	0.41	0.51	0.6	0.59	0.6	0.57	0.68	0.74	0.6	0.21	0.7	0.83	0.71	0.6		0.64	0.65	0.55	0.41	-0.58	-0.63	-0.58	0.7
Other Stockholder Equity	0.48	0.41	0.51	-0.05	0.16	0.83	0.46	0.52	0.41	0.34	0.58	0.64	0.56	0.53	0.66	0.96	0.34	0.64		0.37	0.11	0.26	-0.21	-0.32	-0.21	0.7
Total Liab	0.97	1.0	0.95	0.61	0.86	0.73	0.97	0.95	0.97	0.92	0.77	0.91	0.07	0.74	0.65	0.53	0.64	0.65	0.37		0.74	0.83	-0.72	-0.44	-0.72	0.65
Total Current Assets	0.77	0.74	0.66	0.96	0.91	0.39	0.64	0.65	0.66	0.85	0.65	0.55	-0.08	0.63	0.59	0.29	0.85	0.55	0.11	0.74		0.66	-0.36	-0.15	-0.36	0.45
Short Term Debt	0.79	0.84	0.86	0.6	0.9	0.58	0.84	0.85	0.81	0.73	0.76	0.77	-0.02	0.76	0.49	0.42	0.45	0.41	0.26	0.83	0.66		-0.48	-0.24	-0.48	0.56
Common Stock	-0.6	-0.68	-0.54	-0.27	-0.5	-0.36	-0.61	-0.54	-0.68	-0.63	-0.55	-0.57	0.01	-0.58	-0.57	-0.35	-0.23	-0.58	-0.21	-0.72	-0.36	-0.48		0.85	1.0	-0.52
Current Deferred Revenue	-0.36	-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	-0.32	-0.44	-0.15	-0.24	0.85		0.85	-0.39
Common Stock Total Equity	-0.6	-0.68	-0.54	-0.27	-0.5	-0.36	-0.61	-0.54	-0.68	-0.63	-0.55	-0.57	0.01	-0.58	-0.57	-0.35	-0.24	-0.58	-0.21	-0.72	-0.36	-0.48	1.0	0.85		-0.52
Property Plant And Equipment Gross	0.68	0.67	0.71	0.33	0.55	0.68	0.69	0.71	0.72	0.7	0.88	0.71	-0.07	0.84	0.94	0.84	0.59	0.7	0.7	0.65	0.45	0.56	-0.52	-0.39	-0.52

Click cells to compare fundamentals

Consolidated Edison Account Relationship Matchups

Consolidated Edison fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	329.5M	335.7M	349.4M	355.8M	349.3M	290.5M
Total Assets	58.1B	62.9B	63.1B	69.1B	66.3B	38.4B
Short Long Term Debt Total	22.5B	25.1B	25.4B	24.4B	25.0B	13.0B
Other Current Liab	1.6B	1.6B	1.6B	5.2B	1.6B	1.3B
Total Current Liabilities	6.3B	7.4B	5.4B	11.3B	6.5B	4.0B
Total Stockholder Equity	18.0B	18.8B	20.0B	12.0B	21.2B	10.7B
Property Plant And Equipment Net	44.7B	47.4B	49.4B	47.3B	50.1B	27.6B
Net Debt	21.6B	23.8B	24.4B	23.1B	23.8B	12.5B
Retained Earnings	11.1B	11.2B	11.4B	12.0B	13.4B	8.2B
Accounts Payable	1.2B	1.5B	1.5B	2.0B	1.8B	1.1B
Cash	981M	1.3B	992M	1.3B	1.2B	1.2B
Non Current Assets Total	53.8B	57.6B	57.6B	48.1B	59.8B	32.5B
Non Currrent Assets Other	5.0B	6.4B	5.5B	(235M)	316M	300.2M
Cash And Short Term Investments	981M	1.3B	992M	1.3B	1.2B	1.2B
Liabilities And Stockholders Equity	58.1B	62.9B	63.1B	69.1B	66.3B	38.4B
Non Current Liabilities Total	33.6B	36.5B	37.4B	20.1B	38.7B	40.6B
Other Current Assets	328M	497M	567M	481M	405M	520.7M
Other Stockholder Equity	6.9B	7.7B	8.6B	(22M)	7.7B	8.1B
Total Liab	39.9B	43.8B	42.8B	48.2B	45.2B	26.2B
Total Current Assets	4.3B	5.3B	5.6B	13.0B	6.5B	3.6B
Short Term Debt	3.2B	3.9B	2.0B	3.8B	2.7B	1.4B
Property Plant And Equipment Gross	44.7B	47.4B	48.6B	46.8B	64.3B	67.5B
Other Liab	14.2B	15.2B	14.0B	16.2B	18.6B	19.6B
Other Assets	5.4B	6.9B	6.1B	8.0B	9.2B	6.7B
Long Term Debt	18.5B	20.4B	22.6B	20.1B	21.9B	13.2B
Intangible Assets	131M	1.7B	1.6B	1.5B	1.3B	0.0
Property Plant Equipment	43.9B	46.6B	48.6B	46.8B	53.8B	30.2B
Noncontrolling Interest In Consolidated Entity	191M	218M	299M	202M	232.3M	243.9M

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 together with Consolidated Stock

0.89	D	Dominion Energy Sell-off Trend	Pair Corr
0.72	ES	Eversource Energy	Pair Corr
0.87	FE	FirstEnergy	Pair Corr

Moving against Consolidated Stock

0.7	EBR	Centrais Electricas	Pair Corr
0.64	HE	Hawaiian Electric	Pair Corr
0.61	CMS-PC	CMS Energy	Pair Corr
0.5	GNE	Genie Energy	Pair Corr

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 Correlation Correlation 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:

How To Invest In Consolidated

Details

Is Consolidated Stock a good investment?

Details

What is Consolidated Edison's Net Worth?

Details

Largest Multi-Utilities Companies

View

Largest Utilities - Regulated Electric Companies

View

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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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

(0.49)

Dividend Share

3.26

Earnings Share

5.24

Revenue Per Share

42.041

Quarterly Revenue Growth

(0.03)

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.

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Consolidated Non Current Liabilities Total vs Total Assets Analysis

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Total Assets

Consolidated Edison fundamental ratios Correlations

Consolidated Edison Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Consolidated Edison fundamental ratios Accounts

Pair Trading with Consolidated Edison

Moving together with Consolidated Stock

Moving against Consolidated Stock

Complementary Tools for Consolidated Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Common Stock Total Equity	+ 1.0	Common Stock
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Net Debt	+ 0.99	Property Plant And Equipment Net
Total Assets	+ 0.98	Common Stock Shares Outstanding

Common Stock Total Equity	- 0.72	Total Liab
Common Stock	- 0.72	Total Liab
Common Stock Total Equity	- 0.68	Retained Earnings
Common Stock	- 0.68	Retained Earnings
Common Stock Total Equity	- 0.68	Total Assets
Common Stock	- 0.68	Total Assets