Edison Return on Investment vs Long Term Debt to Equity Analysis

EIX Stock  USD 67.88  0.75  1.09%   
Trend analysis of Edison International balance sheet accounts such as Short and Long Term Debt Total of 37.1 B or Other Current Liab of 2.6 B provides information on Edison International's total assets, liabilities, and equity, which is the actual value of Edison International to its prevalent stockholders. By breaking down trends over time using Edison International 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 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.

About Edison Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Edison International at a specified time, usually calculated after every quarter, six months, or one year. Edison International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Edison International 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 Edison currently owns. An asset can also be divided into two categories, current and non-current.

Edison International Balance Sheet Chart

Edison International 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 Edison International uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Edison International's Total Permanent Equity is fairly stable compared to the past year. Additional Paid In Capital is likely to rise to about 3.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 297.7 M in 2024.

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 Edison International 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 Edison International 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 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 Profit5.7B6.1B6.7B4.9B
Total Revenue14.9B17.2B16.3B11.9B

Edison International fundamental ratios Correlations

0.140.140.060.280.220.140.13-0.570.00.10.130.570.10.380.260.120.150.11-0.070.14-0.140.270.440.11-0.13
0.140.750.530.860.970.990.750.440.95-0.031.00.46-0.030.860.690.990.520.71-0.111.00.730.810.750.430.86
0.140.750.420.770.710.661.0-0.010.680.070.720.60.070.810.960.740.590.96-0.360.760.940.860.750.620.5
0.060.530.420.690.460.520.430.230.54-0.140.530.4-0.140.60.470.490.250.360.230.540.440.430.430.310.5
0.280.860.770.690.880.840.760.280.840.060.840.560.060.840.730.790.390.740.00.850.680.810.940.390.65
0.220.970.710.460.880.960.720.460.91-0.020.970.51-0.020.810.680.940.450.67-0.060.950.670.760.820.390.82
0.140.990.660.520.840.960.660.510.93-0.020.990.41-0.020.80.590.980.460.62-0.050.980.660.750.730.360.9
0.130.751.00.430.760.720.66-0.010.680.030.720.60.030.810.960.740.570.96-0.330.760.940.850.740.60.51
-0.570.44-0.010.230.280.460.51-0.010.51-0.090.48-0.33-0.090.05-0.130.42-0.05-0.030.30.420.20.040.14-0.070.69
0.00.950.680.540.840.910.930.680.510.020.940.410.020.790.60.930.510.69-0.130.950.660.80.70.420.78
0.1-0.030.07-0.140.06-0.02-0.020.03-0.090.02-0.07-0.021.0-0.01-0.07-0.030.5-0.02-0.59-0.02-0.070.30.150.53-0.19
0.131.00.720.530.840.970.990.720.480.94-0.070.45-0.070.830.660.990.490.68-0.070.990.710.780.730.40.88
0.570.460.60.40.560.510.410.6-0.330.41-0.020.45-0.020.530.720.440.350.53-0.080.470.370.510.550.450.24
0.1-0.030.07-0.140.06-0.02-0.020.03-0.090.021.0-0.07-0.02-0.01-0.07-0.030.5-0.02-0.59-0.02-0.070.30.150.53-0.19
0.380.860.810.60.840.810.80.810.050.79-0.010.830.53-0.010.80.850.640.8-0.280.870.710.90.770.550.54
0.260.690.960.470.730.680.590.96-0.130.6-0.070.660.72-0.070.80.680.540.91-0.250.70.870.790.710.580.43
0.120.990.740.490.790.940.980.740.420.93-0.030.990.44-0.030.850.680.570.71-0.170.990.730.810.680.460.85
0.150.520.590.250.390.450.460.57-0.050.510.50.490.350.50.640.540.570.5-0.770.550.490.740.320.940.22
0.110.710.960.360.740.670.620.96-0.030.69-0.020.680.53-0.020.80.910.710.5-0.280.730.90.870.730.490.44
-0.07-0.11-0.360.230.0-0.06-0.05-0.330.3-0.13-0.59-0.07-0.08-0.59-0.28-0.25-0.17-0.77-0.28-0.14-0.23-0.45-0.07-0.70.19
0.141.00.760.540.850.950.980.760.420.95-0.020.990.47-0.020.870.70.990.550.73-0.140.740.830.740.460.85
-0.140.730.940.440.680.670.660.940.20.66-0.070.710.37-0.070.710.870.730.490.9-0.230.740.750.610.50.62
0.270.810.860.430.810.760.750.850.040.80.30.780.510.30.90.790.810.740.87-0.450.830.750.790.670.46
0.440.750.750.430.940.820.730.740.140.70.150.730.550.150.770.710.680.320.73-0.070.740.610.790.330.5
0.110.430.620.310.390.390.360.6-0.070.420.530.40.450.530.550.580.460.940.49-0.70.460.50.670.330.17
-0.130.860.50.50.650.820.90.510.690.78-0.190.880.24-0.190.540.430.850.220.440.190.850.620.460.50.17
Click cells to compare fundamentals

Edison International Account Relationship Matchups

Edison International fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding341M374M380M383M385M297.7M
Total Assets64.4B69.4B74.7B78.0B81.8B49.1B
Short Long Term Debt Total19.6B24.1B29.5B33.1B35.3B37.1B
Other Current Liab2.4B4.4B2.4B2.7B2.5B2.6B
Total Current Liabilities5.5B10.3B8.6B10.3B8.6B6.4B
Total Stockholder Equity13.3B14.0B15.9B15.6B15.5B10.3B
Property Plant And Equipment Net45.0B48.9B52.6B54.9B57.3B28.7B
Net Debt19.5B24.1B29.1B32.2B35.0B36.7B
Retained Earnings8.4B8.2B7.9B7.5B7.5B6.5B
Accounts Payable1.8B2.0B2.0B2.4B2.0B1.4B
Cash68M87M390M914M345M327.8M
Non Current Assets Total60.8B64.3B69.3B71.0B74.9B44.3B
Non Currrent Assets Other11.2B10.5B11.7B11.4B4.0B6.7B
Cash And Short Term Investments68M87M390M914M345M327.8M
Net Receivables1.4B2.4B2.2B2.3B2.8B1.6B
Common Stock Total Equity5.0B6.0B6.1B6.2B7.1B7.5B
Liabilities And Stockholders Equity64.4B69.4B74.7B78.0B81.8B49.1B
Non Current Liabilities Total43.4B43.1B48.3B50.2B55.2B31.6B
Inventory364M405M420M474M527M397.1M
Other Current Assets1.4B1.9B2.2B3.1B3.1B3.2B
Other Stockholder Equity13.3B14.0B(54M)2.0B1.8B1.7B
Total Liab48.9B53.4B57.0B60.5B63.8B37.6B
Property Plant And Equipment Gross45.0B48.9B50.7B53.5B70.3B73.8B
Total Current Assets3.6B5.1B5.5B7.1B6.8B4.8B
Short Term Debt1.1B3.6B4.0B5.1B3.9B2.2B
Common Stock5.0B6.0B6.1B6.2B6.3B6.7B
Other Liab24.9B22.6B22.8B22.2B25.5B15.0B
Current Deferred Revenue299M302M243M167M177M347.6M
Other Assets15.9B15.3B16.7B11.6B13.3B9.0B
Long Term Debt17.9B19.6B24.2B27.0B30.3B15.2B
Property Plant Equipment44.3B47.8B50.7B1.7B1.9B1.8B
Net Tangible Assets13.3B14.0B13.9B13.6B15.7B12.8B
Retained Earnings Total Equity8.4B8.2B7.9B7.5B8.6B8.4B
Long Term Debt Total17.9B19.6B24.2B27.0B31.1B16.3B

Edison International Investors Sentiment

The influence of Edison International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Edison. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Edison International's public news can be used to forecast risks associated with an investment in Edison. The trend in average sentiment can be used to explain how an investor holding Edison can time the market purely based on public headlines and social activities around Edison International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Edison International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Edison International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Edison International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Edison International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Edison International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Edison International's short interest history, or implied volatility extrapolated from Edison International options trading.

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

  0.83D Dominion Energy Financial Report 3rd of May 2024 PairCorr
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  0.75FE FirstEnergy Sell-off TrendPairCorr

Moving against Edison Stock

  0.48HE Hawaiian Electric Sell-off TrendPairCorr
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 CorrelationCorrelation 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:
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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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.