Avangrid Retained Earnings vs Common Stock Total Equity Analysis
AGR Stock | USD 36.05 0.21 0.59% |
Avangrid financial indicator trend analysis is way more than just evaluating Avangrid prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avangrid is a good investment. Please check the relationship between Avangrid Retained Earnings and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.
Retained Earnings vs Common Stock Total Equity
Retained Earnings vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avangrid Retained Earnings account and Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Avangrid's Retained Earnings and Common Stock Total Equity is -0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Avangrid, assuming nothing else is changed. The correlation between historical values of Avangrid's Retained Earnings and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Avangrid are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Retained Earnings i.e., Avangrid's Retained Earnings and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Avangrid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avangrid 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.At this time, Avangrid's Selling General Administrative is relatively stable compared to the past year. As of 05/21/2024, Enterprise Value is likely to grow to about 25.9 B, though Tax Provision is likely to grow to (8.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.5B | 2.6B | 2.8B | 2.9B | Total Revenue | 7.0B | 7.9B | 8.3B | 8.7B |
Avangrid fundamental ratios Correlations
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Avangrid Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avangrid fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 309.5M | 309.6M | 358.6M | 387.2M | 387.2M | 406.5M | |
Total Assets | 34.4B | 37.8B | 39.5B | 41.1B | 44.0B | 46.2B | |
Short Long Term Debt Total | 8.1B | 11.3B | 8.6B | 9.4B | 12.2B | 12.8B | |
Other Current Liab | 711M | 789M | 929M | 1.1B | 493M | 333.7M | |
Total Current Liabilities | 3.6B | 3.1B | 3.3B | 4.4B | 5.2B | 5.5B | |
Total Stockholder Equity | 15.2B | 15.2B | 19.1B | 19.4B | 19.6B | 20.6B | |
Property Plant And Equipment Net | 25.3B | 26.9B | 29.0B | 31.2B | 33.1B | 34.7B | |
Net Debt | 7.9B | 9.8B | 7.1B | 9.3B | 12.1B | 12.7B | |
Retained Earnings | 1.7B | 1.7B | 1.7B | 1.9B | 2.0B | 2.1B | |
Accounts Payable | 1.4B | 1.5B | 1.6B | 2.0B | 1.9B | 2.0B | |
Cash | 36M | 178M | 1.5B | 1.5B | 69M | 175.5M | |
Non Current Assets Total | 32.4B | 34.0B | 35.7B | 37.9B | 40.6B | 42.6B | |
Non Currrent Assets Other | 311M | 331M | 374M | 2.5B | 2.9B | 3.1B | |
Cash And Short Term Investments | 36M | 178M | 1.8B | 1.5B | 69M | 86.5M | |
Net Receivables | 1.1B | 1.2B | 1.3B | 1.7B | 1.6B | 1.7B | |
Liabilities And Stockholders Equity | 34.4B | 37.8B | 39.5B | 41.1B | 44.0B | 46.2B | |
Non Current Liabilities Total | 15.2B | 18.9B | 16.2B | 16.4B | 18.1B | 19.0B | |
Inventory | 251M | 262M | 343M | 503M | 495M | 519.8M | |
Other Current Assets | 300M | 327M | 401M | 453M | 734M | 770.7M | |
Total Liab | 18.8B | 22.0B | 19.5B | 20.8B | 23.3B | 24.5B | |
Property Plant And Equipment Gross | 25.2B | 26.9B | 39.6B | 42.7B | 45.5B | 47.8B | |
Total Current Assets | 2.0B | 2.0B | 3.8B | 3.2B | 3.4B | 3.6B | |
Accumulated Other Comprehensive Income | (95M) | (111M) | (273M) | (180M) | (25M) | (26.3M) | |
Short Term Debt | 1.3B | 636M | 549M | 1B | 2.0B | 2.1B | |
Current Deferred Revenue | 140M | 141M | 204M | 271M | 806M | 846.3M | |
Intangible Assets | 314M | 305M | 293M | 281M | 284M | 319.3M | |
Other Liab | 8.4B | 8.2B | 8.1B | 7.9B | 9.1B | 8.8B | |
Net Tangible Assets | 11.8B | 15.2B | 19.1B | 19.4B | 22.3B | 14.9B | |
Other Assets | 2.8B | 3.9B | 2.5B | 2.7B | 2.4B | 2.4B | |
Long Term Debt | 6.7B | 7.5B | 7.9B | 8.2B | 10.0B | 6.9B | |
Deferred Long Term Liab | 2.6B | 2.6B | 2.3B | 2.3B | 2.1B | 2.1B | |
Long Term Investments | 708M | 736M | 621M | 486M | 764M | 593.8M | |
Short Long Term Debt | 1.3B | 620M | 533M | 980M | 2.0B | 2.1B | |
Property Plant Equipment | 25.4B | 26.8B | 28.9B | 31.0B | 35.6B | 24.2B | |
Noncontrolling Interest In Consolidated Entity | 349M | 617M | 885M | 962M | 865.8M | 822.5M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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Is Avangrid'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 Avangrid. If investors know Avangrid 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 Avangrid 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 0.44 | Dividend Share 1.76 | Earnings Share 2.31 | Revenue Per Share 21.352 | Quarterly Revenue Growth (0.02) |
The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid'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 Avangrid's market value can be influenced by many factors that don't directly affect Avangrid'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 Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid'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.