Edison Operating Margin vs Receivables Turnover Analysis

EIX Stock

USD 67.88 0.75 1.09%

Edison International financial indicator trend analysis is much more than just examining Edison International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edison International is a good investment. Please check the relationship between Edison International Operating Profit Margin and its Receivables Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.

Operating Profit Margin vs Receivables Turnover

Operating Margin vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edison International Operating Margin account and Receivables Turnover. At this time, the significance of the direction appears to have no relationship.

The correlation between Edison International's Operating Margin and Receivables Turnover is 0.08. Overlapping area represents the amount of variation of Operating Margin that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of Edison International, assuming nothing else is changed. The correlation between historical values of Edison International's Operating Margin and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Margin of Edison International are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Operating Margin i.e., Edison International's Operating Margin and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Operating Profit Margin

Receivables Turnover

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

For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.At this time, Edison International's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 40.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 18.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.7B	6.1B	6.7B	4.9B
Total Revenue	14.9B	17.2B	16.3B	11.9B

Gross Profit Total Revenue

Edison International 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	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab
Common Stock Shares Outstanding		0.14	0.14	0.06	0.28	0.22	0.14	0.13	-0.57	0.0	0.1	0.13	0.57	0.1	0.38	0.26	0.12	0.15	0.11	-0.07	0.14	-0.14	0.27	0.44	0.11	-0.13
Total Assets	0.14		0.75	0.53	0.86	0.97	0.99	0.75	0.44	0.95	-0.03	1.0	0.46	-0.03	0.86	0.69	0.99	0.52	0.71	-0.11	1.0	0.73	0.81	0.75	0.43	0.86
Short Long Term Debt Total	0.14	0.75		0.42	0.77	0.71	0.66	1.0	-0.01	0.68	0.07	0.72	0.6	0.07	0.81	0.96	0.74	0.59	0.96	-0.36	0.76	0.94	0.86	0.75	0.62	0.5
Other Current Liab	0.06	0.53	0.42		0.69	0.46	0.52	0.43	0.23	0.54	-0.14	0.53	0.4	-0.14	0.6	0.47	0.49	0.25	0.36	0.23	0.54	0.44	0.43	0.43	0.31	0.5
Total Current Liabilities	0.28	0.86	0.77	0.69		0.88	0.84	0.76	0.28	0.84	0.06	0.84	0.56	0.06	0.84	0.73	0.79	0.39	0.74	0.0	0.85	0.68	0.81	0.94	0.39	0.65
Total Stockholder Equity	0.22	0.97	0.71	0.46	0.88		0.96	0.72	0.46	0.91	-0.02	0.97	0.51	-0.02	0.81	0.68	0.94	0.45	0.67	-0.06	0.95	0.67	0.76	0.82	0.39	0.82
Property Plant And Equipment Net	0.14	0.99	0.66	0.52	0.84	0.96		0.66	0.51	0.93	-0.02	0.99	0.41	-0.02	0.8	0.59	0.98	0.46	0.62	-0.05	0.98	0.66	0.75	0.73	0.36	0.9
Net Debt	0.13	0.75	1.0	0.43	0.76	0.72	0.66		-0.01	0.68	0.03	0.72	0.6	0.03	0.81	0.96	0.74	0.57	0.96	-0.33	0.76	0.94	0.85	0.74	0.6	0.51
Retained Earnings	-0.57	0.44	-0.01	0.23	0.28	0.46	0.51	-0.01		0.51	-0.09	0.48	-0.33	-0.09	0.05	-0.13	0.42	-0.05	-0.03	0.3	0.42	0.2	0.04	0.14	-0.07	0.69
Accounts Payable	0.0	0.95	0.68	0.54	0.84	0.91	0.93	0.68	0.51		0.02	0.94	0.41	0.02	0.79	0.6	0.93	0.51	0.69	-0.13	0.95	0.66	0.8	0.7	0.42	0.78
Cash	0.1	-0.03	0.07	-0.14	0.06	-0.02	-0.02	0.03	-0.09	0.02		-0.07	-0.02	1.0	-0.01	-0.07	-0.03	0.5	-0.02	-0.59	-0.02	-0.07	0.3	0.15	0.53	-0.19
Non Current Assets Total	0.13	1.0	0.72	0.53	0.84	0.97	0.99	0.72	0.48	0.94	-0.07		0.45	-0.07	0.83	0.66	0.99	0.49	0.68	-0.07	0.99	0.71	0.78	0.73	0.4	0.88
Non Currrent Assets Other	0.57	0.46	0.6	0.4	0.56	0.51	0.41	0.6	-0.33	0.41	-0.02	0.45		-0.02	0.53	0.72	0.44	0.35	0.53	-0.08	0.47	0.37	0.51	0.55	0.45	0.24
Cash And Short Term Investments	0.1	-0.03	0.07	-0.14	0.06	-0.02	-0.02	0.03	-0.09	0.02	1.0	-0.07	-0.02		-0.01	-0.07	-0.03	0.5	-0.02	-0.59	-0.02	-0.07	0.3	0.15	0.53	-0.19
Net Receivables	0.38	0.86	0.81	0.6	0.84	0.81	0.8	0.81	0.05	0.79	-0.01	0.83	0.53	-0.01		0.8	0.85	0.64	0.8	-0.28	0.87	0.71	0.9	0.77	0.55	0.54
Common Stock Total Equity	0.26	0.69	0.96	0.47	0.73	0.68	0.59	0.96	-0.13	0.6	-0.07	0.66	0.72	-0.07	0.8		0.68	0.54	0.91	-0.25	0.7	0.87	0.79	0.71	0.58	0.43
Non Current Liabilities Total	0.12	0.99	0.74	0.49	0.79	0.94	0.98	0.74	0.42	0.93	-0.03	0.99	0.44	-0.03	0.85	0.68		0.57	0.71	-0.17	0.99	0.73	0.81	0.68	0.46	0.85
Inventory	0.15	0.52	0.59	0.25	0.39	0.45	0.46	0.57	-0.05	0.51	0.5	0.49	0.35	0.5	0.64	0.54	0.57		0.5	-0.77	0.55	0.49	0.74	0.32	0.94	0.22
Other Current Assets	0.11	0.71	0.96	0.36	0.74	0.67	0.62	0.96	-0.03	0.69	-0.02	0.68	0.53	-0.02	0.8	0.91	0.71	0.5		-0.28	0.73	0.9	0.87	0.73	0.49	0.44
Other Stockholder Equity	-0.07	-0.11	-0.36	0.23	0.0	-0.06	-0.05	-0.33	0.3	-0.13	-0.59	-0.07	-0.08	-0.59	-0.28	-0.25	-0.17	-0.77	-0.28		-0.14	-0.23	-0.45	-0.07	-0.7	0.19
Total Liab	0.14	1.0	0.76	0.54	0.85	0.95	0.98	0.76	0.42	0.95	-0.02	0.99	0.47	-0.02	0.87	0.7	0.99	0.55	0.73	-0.14		0.74	0.83	0.74	0.46	0.85
Property Plant And Equipment Gross	-0.14	0.73	0.94	0.44	0.68	0.67	0.66	0.94	0.2	0.66	-0.07	0.71	0.37	-0.07	0.71	0.87	0.73	0.49	0.9	-0.23	0.74		0.75	0.61	0.5	0.62
Total Current Assets	0.27	0.81	0.86	0.43	0.81	0.76	0.75	0.85	0.04	0.8	0.3	0.78	0.51	0.3	0.9	0.79	0.81	0.74	0.87	-0.45	0.83	0.75		0.79	0.67	0.46
Short Term Debt	0.44	0.75	0.75	0.43	0.94	0.82	0.73	0.74	0.14	0.7	0.15	0.73	0.55	0.15	0.77	0.71	0.68	0.32	0.73	-0.07	0.74	0.61	0.79		0.33	0.5
Common Stock	0.11	0.43	0.62	0.31	0.39	0.39	0.36	0.6	-0.07	0.42	0.53	0.4	0.45	0.53	0.55	0.58	0.46	0.94	0.49	-0.7	0.46	0.5	0.67	0.33		0.17
Other Liab	-0.13	0.86	0.5	0.5	0.65	0.82	0.9	0.51	0.69	0.78	-0.19	0.88	0.24	-0.19	0.54	0.43	0.85	0.22	0.44	0.19	0.85	0.62	0.46	0.5	0.17

Click cells to compare fundamentals

Edison International Account Relationship Matchups

Edison International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	341M	374M	380M	383M	385M	297.7M
Total Assets	64.4B	69.4B	74.7B	78.0B	81.8B	49.1B
Short Long Term Debt Total	19.6B	24.1B	29.5B	33.1B	35.3B	37.1B
Other Current Liab	2.4B	4.4B	2.4B	2.7B	2.5B	2.6B
Total Current Liabilities	5.5B	10.3B	8.6B	10.3B	8.6B	6.4B
Total Stockholder Equity	13.3B	14.0B	15.9B	15.6B	15.5B	10.3B
Property Plant And Equipment Net	45.0B	48.9B	52.6B	54.9B	57.3B	28.7B
Net Debt	19.5B	24.1B	29.1B	32.2B	35.0B	36.7B
Retained Earnings	8.4B	8.2B	7.9B	7.5B	7.5B	6.5B
Accounts Payable	1.8B	2.0B	2.0B	2.4B	2.0B	1.4B
Cash	68M	87M	390M	914M	345M	327.8M
Non Current Assets Total	60.8B	64.3B	69.3B	71.0B	74.9B	44.3B
Non Currrent Assets Other	11.2B	10.5B	11.7B	11.4B	4.0B	6.7B
Cash And Short Term Investments	68M	87M	390M	914M	345M	327.8M
Net Receivables	1.4B	2.4B	2.2B	2.3B	2.8B	1.6B
Common Stock Total Equity	5.0B	6.0B	6.1B	6.2B	7.1B	7.5B
Liabilities And Stockholders Equity	64.4B	69.4B	74.7B	78.0B	81.8B	49.1B
Non Current Liabilities Total	43.4B	43.1B	48.3B	50.2B	55.2B	31.6B
Inventory	364M	405M	420M	474M	527M	397.1M
Other Current Assets	1.4B	1.9B	2.2B	3.1B	3.1B	3.2B
Other Stockholder Equity	13.3B	14.0B	(54M)	2.0B	1.8B	1.7B
Total Liab	48.9B	53.4B	57.0B	60.5B	63.8B	37.6B
Property Plant And Equipment Gross	45.0B	48.9B	50.7B	53.5B	70.3B	73.8B
Total Current Assets	3.6B	5.1B	5.5B	7.1B	6.8B	4.8B
Short Term Debt	1.1B	3.6B	4.0B	5.1B	3.9B	2.2B
Common Stock	5.0B	6.0B	6.1B	6.2B	6.3B	6.7B
Other Liab	24.9B	22.6B	22.8B	22.2B	25.5B	15.0B
Current Deferred Revenue	299M	302M	243M	167M	177M	347.6M
Other Assets	15.9B	15.3B	16.7B	11.6B	13.3B	9.0B
Long Term Debt	17.9B	19.6B	24.2B	27.0B	30.3B	15.2B
Property Plant Equipment	44.3B	47.8B	50.7B	1.7B	1.9B	1.8B
Net Tangible Assets	13.3B	14.0B	13.9B	13.6B	15.7B	12.8B
Retained Earnings Total Equity	8.4B	8.2B	7.9B	7.5B	8.6B	8.4B
Long Term Debt Total	17.9B	19.6B	24.2B	27.0B	31.1B	16.3B

Pair Trading with Edison International

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

Moving together with Edison Stock

0.81	D	Dominion Energy Financial Report 3rd of May 2024	Pair Corr
0.7	ED	Consolidated Edison Financial Report 2nd of May 2024	Pair Corr
0.63	FE	FirstEnergy Sell-off Trend	Pair Corr

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

The correlation of Edison International 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 Edison International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edison International 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 Edison International 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 Edison International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edison International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edison International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edison International Stock:

How To Invest In Edison

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Is Edison Stock a good investment?

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What is Edison International's Net Worth?

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Largest Electric Utilities Companies

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Largest Utilities - Regulated Electric Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Edison Stock analysis

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

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Is Edison International'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 Edison International. If investors know Edison 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 Edison International 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

(0.09)

Dividend Share

2.993

Earnings Share

3.11

Revenue Per Share

42.658

Quarterly Revenue Growth

(0.08)

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

Operating Profit Margin vs Receivables Turnover

Operating Margin vs Receivables Turnover Correlation Analysis

Correlation Coefficient

Operating Profit Margin

Receivables Turnover

Edison International fundamental ratios Correlations

Edison International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Edison International fundamental ratios Accounts

Pair Trading with Edison International

Moving together with Edison Stock

Complementary Tools for Edison Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Other Stockholder Equity	- 0.77	Inventory
Common Stock	- 0.7	Other Stockholder Equity
Other Stockholder Equity	- 0.59	Cash And Short Term Investments
Other Stockholder Equity	- 0.59	Cash
Retained Earnings	- 0.57	Common Stock Shares Outstanding
Total Current Assets	- 0.45	Other Stockholder Equity