EQT Accounts Payable vs Deferred Long Term Liab Analysis

EQT Stock

USD 41.09 0.11 0.27%

EQT financial indicator trend analysis is much more than just examining EQT Corporation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EQT Corporation is a good investment. Please check the relationship between EQT Accounts Payable and its Deferred Long Term Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EQT Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EQT Corporation Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak relationship.

The correlation between EQT's Accounts Payable and Deferred Long Term Liab is 0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of EQT Corporation, assuming nothing else is changed. The correlation between historical values of EQT's Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of EQT Corporation are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., EQT's Accounts Payable and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents EQT obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of EQT Corporation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from EQT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EQT Corporation 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 EQT Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

At this time, EQT's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 815.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 180.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	290.8M	313.4M	267.3M	255.4M
Cost Of Revenue	3.8B	4.1B	4.1B	4.4B

Total Operating Expenses Cost Of Revenue

EQT fundamental ratios Correlations

	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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Intangible Assets
Total Assets		0.98	0.38	0.53	0.97	1.0	0.93	0.22	-0.21	1.0	0.15	-0.2	0.74	0.74	0.97	0.71	-0.16	0.28	0.96	0.4	0.33	0.79	0.92	0.91	-0.28	0.5
Short Long Term Debt Total	0.98		0.41	0.57	0.95	0.97	0.97	0.19	-0.28	0.98	0.16	-0.28	0.77	0.72	0.98	0.71	-0.08	0.22	0.97	0.4	0.33	0.8	0.92	0.85	-0.21	0.51
Other Current Liab	0.38	0.41		0.94	0.34	0.35	0.37	-0.59	-0.01	0.34	0.06	-0.01	0.75	0.52	0.27	0.36	0.21	0.12	0.58	0.58	0.79	0.67	0.52	0.21	-0.11	-0.06
Total Current Liabilities	0.53	0.57	0.94		0.5	0.5	0.53	-0.42	-0.08	0.49	0.02	-0.09	0.86	0.63	0.43	0.5	0.17	0.15	0.71	0.66	0.85	0.79	0.65	0.36	-0.15	-0.01
Total Stockholder Equity	0.97	0.95	0.34	0.5		0.98	0.94	0.12	-0.34	0.97	0.23	-0.34	0.76	0.85	0.94	0.82	-0.18	0.27	0.93	0.32	0.32	0.85	0.96	0.96	-0.26	0.38
Property Plant And Equipment Net	1.0	0.97	0.35	0.5	0.98		0.93	0.2	-0.26	1.0	0.19	-0.25	0.71	0.76	0.97	0.73	-0.19	0.3	0.94	0.34	0.31	0.79	0.93	0.94	-0.3	0.47
Net Debt	0.93	0.97	0.37	0.53	0.94	0.93		0.1	-0.52	0.95	0.3	-0.52	0.75	0.7	0.92	0.7	-0.12	0.24	0.92	0.2	0.3	0.76	0.92	0.84	-0.23	0.52
Retained Earnings	0.22	0.19	-0.59	-0.42	0.12	0.2	0.1		0.24	0.23	-0.13	0.24	-0.21	-0.29	0.32	-0.21	-0.12	-0.02	0.05	0.03	-0.35	-0.23	-0.11	0.13	0.02	0.47
Cash	-0.21	-0.28	-0.01	-0.08	-0.34	-0.26	-0.52	0.24		-0.28	-0.59	0.99	-0.21	-0.23	-0.2	-0.27	0.18	-0.16	-0.19	0.58	-0.03	-0.2	-0.4	-0.32	0.15	-0.22
Non Current Assets Total	1.0	0.98	0.34	0.49	0.97	1.0	0.95	0.23	-0.28		0.2	-0.27	0.7	0.71	0.97	0.69	-0.19	0.3	0.94	0.31	0.29	0.76	0.92	0.91	-0.29	0.55
Non Currrent Assets Other	0.15	0.16	0.06	0.02	0.23	0.19	0.3	-0.13	-0.59	0.2		-0.55	0.07	0.16	0.13	-0.01	0.14	-0.12	0.12	-0.44	0.06	0.09	0.24	0.25	0.12	0.2
Cash And Short Term Investments	-0.2	-0.28	-0.01	-0.09	-0.34	-0.25	-0.52	0.24	0.99	-0.27	-0.55		-0.23	-0.24	-0.2	-0.29	0.16	-0.14	-0.2	0.56	-0.03	-0.22	-0.4	-0.31	0.14	-0.23
Net Receivables	0.74	0.77	0.75	0.86	0.76	0.71	0.75	-0.21	-0.21	0.7	0.07	-0.23		0.8	0.67	0.71	-0.02	0.26	0.86	0.62	0.7	0.94	0.84	0.6	-0.26	0.12
Common Stock Shares Outstanding	0.74	0.72	0.52	0.63	0.85	0.76	0.7	-0.29	-0.23	0.71	0.16	-0.24	0.8		0.68	0.92	-0.1	0.23	0.8	0.46	0.47	0.95	0.89	0.83	-0.22	-0.07
Non Current Liabilities Total	0.97	0.98	0.27	0.43	0.94	0.97	0.92	0.32	-0.2	0.97	0.13	-0.2	0.67	0.68		0.69	-0.11	0.21	0.94	0.38	0.21	0.73	0.87	0.86	-0.2	0.48
Inventory	0.71	0.71	0.36	0.5	0.82	0.73	0.7	-0.21	-0.27	0.69	-0.01	-0.29	0.71	0.92	0.69		-0.15	0.22	0.75	0.39	0.34	0.84	0.85	0.8	-0.21	-0.06
Other Current Assets	-0.16	-0.08	0.21	0.17	-0.18	-0.19	-0.12	-0.12	0.18	-0.19	0.14	0.16	-0.02	-0.1	-0.11	-0.15		-0.94	-0.03	0.21	0.25	-0.06	-0.23	-0.23	0.94	-0.12
Other Stockholder Equity	0.28	0.22	0.12	0.15	0.27	0.3	0.24	-0.02	-0.16	0.3	-0.12	-0.14	0.26	0.23	0.21	0.22	-0.94		0.22	0.0	0.05	0.26	0.38	0.27	-1.0	0.1
Total Liab	0.96	0.97	0.58	0.71	0.93	0.94	0.92	0.05	-0.19	0.94	0.12	-0.2	0.86	0.8	0.94	0.75	-0.03	0.22		0.53	0.49	0.89	0.93	0.83	-0.21	0.35
Total Current Assets	0.4	0.4	0.58	0.66	0.32	0.34	0.2	0.03	0.58	0.31	-0.44	0.56	0.62	0.46	0.38	0.39	0.21	0.0	0.53		0.54	0.58	0.34	0.2	0.0	-0.14
Short Term Debt	0.33	0.33	0.79	0.85	0.32	0.31	0.3	-0.35	-0.03	0.29	0.06	-0.03	0.7	0.47	0.21	0.34	0.25	0.05	0.49	0.54		0.61	0.42	0.24	-0.05	-0.2
Accounts Payable	0.79	0.8	0.67	0.79	0.85	0.79	0.76	-0.23	-0.2	0.76	0.09	-0.22	0.94	0.95	0.73	0.84	-0.06	0.26	0.89	0.58	0.61		0.91	0.77	-0.25	0.04
Common Stock Total Equity	0.92	0.92	0.52	0.65	0.96	0.93	0.92	-0.11	-0.4	0.92	0.24	-0.4	0.84	0.89	0.87	0.85	-0.23	0.38	0.93	0.34	0.42	0.91		0.9	-0.37	0.3
Property Plant And Equipment Gross	0.91	0.85	0.21	0.36	0.96	0.94	0.84	0.13	-0.32	0.91	0.25	-0.31	0.6	0.83	0.86	0.8	-0.23	0.27	0.83	0.2	0.24	0.77	0.9		-0.26	0.31
Common Stock	-0.28	-0.21	-0.11	-0.15	-0.26	-0.3	-0.23	0.02	0.15	-0.29	0.12	0.14	-0.26	-0.22	-0.2	-0.21	0.94	-1.0	-0.21	0.0	-0.05	-0.25	-0.37	-0.26		-0.09
Intangible Assets	0.5	0.51	-0.06	-0.01	0.38	0.47	0.52	0.47	-0.22	0.55	0.2	-0.23	0.12	-0.07	0.48	-0.06	-0.12	0.1	0.35	-0.14	-0.2	0.04	0.3	0.31	-0.09

Click cells to compare fundamentals

EQT Account Relationship Matchups

EQT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.8B	18.1B	21.6B	22.7B	25.3B	26.5B
Short Long Term Debt Total	5.3B	5.0B	5.5B	5.7B	5.8B	6.1B
Other Current Liab	312.7M	651.4M	2.5B	1.7B	229.6M	390.2M
Total Current Liabilities	1.3B	1.8B	5.1B	3.7B	2.0B	1.1B
Total Stockholder Equity	9.8B	9.3B	10.0B	11.2B	14.8B	15.5B
Property Plant And Equipment Net	16.2B	16.1B	18.4B	18.2B	23.0B	24.1B
Net Debt	5.3B	4.9B	5.4B	4.3B	5.8B	6.0B
Retained Earnings	2.0B	1.0B	(115.8M)	1.3B	2.7B	1.4B
Cash	4.6M	18.2M	114.0M	1.5B	81.0M	76.9M
Non Current Assets Total	17.1B	16.9B	19.3B	18.7B	23.3B	24.4B
Non Currrent Assets Other	(1.3B)	640.4M	(36.9M)	(954.3M)	322.0M	338.1M
Cash And Short Term Investments	4.6M	18.2M	114.0M	1.5B	81.0M	76.9M
Net Receivables	908.9M	566.6M	1.4B	1.6B	915.1M	960.9M
Common Stock Shares Outstanding	255.1M	260.6M	323.2M	406.5M	413.2M	433.9M
Liabilities And Stockholders Equity	18.8B	18.1B	21.6B	22.7B	25.3B	26.5B
Non Current Liabilities Total	7.7B	7.1B	6.5B	7.7B	8.5B	8.9B
Inventory	812.7M	527.1M	543.3M	812.4M	978.6M	1.0B
Other Current Assets	28.7M	103.6M	191.4M	135.3M	38.3M	36.3M
Other Stockholder Equity	(32.5M)	(29.3M)	(18.0M)	(3.0M)	(2.7M)	(2.8M)
Total Liab	9.0B	8.9B	11.6B	11.5B	10.5B	11.0B
Total Current Assets	1.8B	1.2B	2.3B	4.0B	2.0B	1.0B
Short Term Debt	45.2M	179.2M	982.9M	458.1M	338.8M	242.5M
Accounts Payable	796.4M	705.5M	1.3B	1.6B	1.3B	1.3B
Common Stock Total Equity	7.8B	8.2B	10.2B	9.9B	11.4B	11.9B
Property Plant And Equipment Gross	16.2B	16.1B	18.4B	18.2B	33.7B	35.4B
Accumulated Other Comprehensive Income	(5.2M)	(5.4M)	(4.6M)	(3.0M)	(2.7M)	(2.8M)
Common Stock	7.8B	8.2B	10.2B	9.9B	12.1B	11.5B
Other Liab	2.4B	2.3B	1.9B	2.5B	2.8B	3.0B
Other Assets	144.7M	618.8M	465.6M	459.0M	527.8M	584.7M
Long Term Debt	5.3B	4.7B	4.4B	5.2B	5.5B	2.9B
Treasury Stock	(49.2M)	(32.5M)	(29.3M)	(18.0M)	(20.8M)	(21.8M)
Property Plant Equipment	16.2B	16.1B	18.4B	18.2B	20.9B	21.9B
Current Deferred Revenue	191.5M	226.4M	287M	195.9M	225.3M	197.0M
Retained Earnings Total Equity	2.0B	1.0B	(115.8M)	1.3B	1.5B	2.1B

Pair Trading with EQT

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 EQT 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 EQT will appreciate offsetting losses from the drop in the long position's value.

Moving together with EQT Stock

0.92

Antero Resources Corp

Pair Corr

Moving against EQT Stock

0.57	CEI	Camber Energy	Pair Corr
0.5	APA	APA Corporation	Pair Corr

The ability to find closely correlated positions to EQT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EQT 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 EQT - 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 EQT Corporation to buy it.

The correlation of EQT 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 EQT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EQT Corporation 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 EQT 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 EQT Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EQT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eqt Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Eqt Corporation Stock:

How To Invest In EQT

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Is EQT Stock a good investment?

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What is EQT's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EQT Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for EQT Stock analysis

When running EQT's price analysis, check to measure EQT'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 EQT is operating at the current time. Most of EQT's value examination focuses on studying past and present price action to predict the probability of EQT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQT's price. Additionally, you may evaluate how the addition of EQT to your portfolios can decrease your overall portfolio volatility.

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Is EQT'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 EQT. If investors know EQT 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 EQT 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

(0.93)

Dividend Share

0.615

Earnings Share

1.35

Revenue Per Share

11.028

Quarterly Revenue Growth

(0.31)

The market value of EQT Corporation is measured differently than its book value, which is the value of EQT that is recorded on the company's balance sheet. Investors also form their own opinion of EQT's value that differs from its market value or its book value, called intrinsic value, which is EQT'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 EQT's market value can be influenced by many factors that don't directly affect EQT'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 EQT's value and its price as these two are different measures arrived at by different means. Investors typically determine if EQT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EQT'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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EQT Accounts Payable vs Deferred Long Term Liab Analysis

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Accounts Payable

Deferred Long Term Liab

EQT fundamental ratios Correlations

EQT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EQT fundamental ratios Accounts

Pair Trading with EQT

Moving together with EQT Stock

Moving against EQT Stock

Complementary Tools for EQT Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Short Long Term Debt Total	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Short Long Term Debt Total

Common Stock	- 1.0	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Other Current Assets
Non Currrent Assets Other	- 0.59	Cash
Retained Earnings	- 0.59	Other Current Liab
Cash And Short Term Investments	- 0.55	Non Currrent Assets Other
Cash And Short Term Investments	- 0.52	Net Debt