Enel Depreciation And Amortization vs Total Operating Expenses Analysis

ENIC Stock  USD 2.92  0.02  0.68%   
Enel Chile financial indicator trend analysis is much more than just examining Enel Chile SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enel Chile SA is a good investment. Please check the relationship between Enel Chile Depreciation And Amortization and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enel Chile SA. 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.

Depreciation And Amortization vs Total Operating Expenses

Depreciation And Amortization vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enel Chile SA Depreciation And Amortization account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Enel Chile's Depreciation And Amortization and Total Operating Expenses is 0.2. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Enel Chile SA, assuming nothing else is changed. The correlation between historical values of Enel Chile's Depreciation And Amortization and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Enel Chile SA are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Enel Chile's Depreciation And Amortization and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Enel Chile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enel Chile SA 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 Enel Chile SA. 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.
At present, Enel Chile's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 207.38, whereas Selling General Administrative is forecasted to decline to about 192.8 B.
 2021 2022 2023 2024 (projected)
Interest Expense174.0B193.6B86.7B103.7B
Depreciation And Amortization210.9B319.9B266.1B219.4B

Enel Chile fundamental ratios Correlations

0.80.790.950.950.98-0.570.740.90.790.850.990.860.860.890.370.870.450.970.730.50.990.950.90.410.95
0.80.490.720.830.8-0.640.990.740.930.570.820.570.60.650.670.660.830.770.680.180.780.730.660.840.74
0.790.490.890.590.74-0.680.390.570.560.760.740.820.750.840.180.540.110.750.490.710.820.790.810.050.74
0.950.720.890.840.89-0.640.630.790.780.870.90.80.890.950.20.720.410.880.760.630.950.890.950.350.84
0.950.830.590.840.94-0.460.760.970.80.830.930.740.850.820.40.860.530.90.790.440.910.840.860.510.88
0.980.80.740.890.94-0.530.750.90.740.770.990.850.790.80.470.930.420.990.660.410.980.930.820.40.97
-0.57-0.64-0.68-0.64-0.46-0.53-0.63-0.35-0.64-0.38-0.55-0.46-0.39-0.59-0.24-0.2-0.45-0.52-0.59-0.35-0.58-0.5-0.55-0.51-0.47
0.740.990.390.630.760.75-0.630.660.880.440.770.50.480.540.690.620.850.730.630.050.710.670.550.880.69
0.90.740.570.790.970.9-0.350.660.760.850.880.690.870.790.420.870.440.850.740.490.850.780.840.360.82
0.790.930.560.780.80.74-0.640.880.760.70.750.530.730.780.530.560.830.690.780.40.740.670.790.740.63
0.850.570.760.870.830.77-0.380.440.850.70.770.751.00.920.170.650.290.740.680.770.810.770.950.180.73
0.990.820.740.90.930.99-0.550.770.880.750.770.860.790.810.430.90.450.990.670.390.990.960.830.440.98
0.860.570.820.80.740.85-0.460.50.690.530.750.860.740.760.350.730.140.90.350.560.890.920.760.110.92
0.860.60.750.890.850.79-0.390.480.870.731.00.790.740.930.160.660.340.750.720.740.830.790.960.230.74
0.890.650.840.950.820.8-0.590.540.790.780.920.810.760.930.120.620.370.790.80.770.880.80.990.280.74
0.370.670.180.20.40.47-0.240.690.420.530.170.430.350.160.120.480.510.440.04-0.10.360.370.140.490.45
0.870.660.540.720.860.93-0.20.620.870.560.650.90.730.660.620.480.290.910.50.250.870.830.650.270.9
0.450.830.110.410.530.42-0.450.850.440.830.290.450.140.340.370.510.290.380.58-0.10.40.380.390.90.33
0.970.770.750.880.90.99-0.520.730.850.690.740.990.90.750.790.440.910.380.60.390.980.960.80.370.99
0.730.680.490.760.790.66-0.590.630.740.780.680.670.350.720.80.040.50.580.60.460.680.550.810.550.52
0.50.180.710.630.440.41-0.350.050.490.40.770.390.560.740.77-0.10.25-0.10.390.460.490.420.75-0.170.37
0.990.780.820.950.910.98-0.580.710.850.740.810.990.890.830.880.360.870.40.980.680.490.970.880.370.97
0.950.730.790.890.840.93-0.50.670.780.670.770.960.920.790.80.370.830.380.960.550.420.970.810.330.97
0.90.660.810.950.860.82-0.550.550.840.790.950.830.760.960.990.140.650.390.80.810.750.880.810.30.76
0.410.840.050.350.510.4-0.510.880.360.740.180.440.110.230.280.490.270.90.370.55-0.170.370.330.30.33
0.950.740.740.840.880.97-0.470.690.820.630.730.980.920.740.740.450.90.330.990.520.370.970.970.760.33
Click cells to compare fundamentals

Enel Chile Account Relationship Matchups

Enel Chile fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9T7.9T9.5T11.9T12.1T8.0T
Short Long Term Debt Total1.9T1.7T2.1T2.4T4.0T4.2T
Other Current Liab95.8B12.5B1.5T2.0T660.8B416.2B
Total Current Liabilities1.0T1.0T2.1T3.2T2.8T1.5T
Total Stockholder Equity3.5T3.4T3.1T4.1T4.4T3.4T
Property Plant And Equipment Net5.4T5.1T6.3T6.8T7.1T5.1T
Current Deferred Revenue263.6B547.5B3.7B6.7B22.8B21.6B
Net Debt1.6T1.3T1.8T1.6T3.4T3.6T
Retained Earnings2.0T1.7T1.6T2.5T2.5T1.8T
Accounts Payable517.5B326.4B517.3B1.1T1.3T1.4T
Cash235.7B332.0B310.0B875.2B563.3B349.5B
Non Current Assets Total6.8T6.9T8.2T8.8T9.7T6.7T
Non Currrent Assets Other397.7B584.9B656.3B834.3B433.4B312.1B
Cash And Short Term Investments236.7B333.0B310.2B875.5B631.0B357.8B
Net Receivables706.9B656.5B887.0B2.0T1.5T898.1B
Good Will917.4B915.7B921.1B883.6B884.5B982.7B
Short Term Investments988.3M936.5M246.4M284.6M67.7B71.1B
Liabilities And Stockholders Equity7.9T7.9T9.5T11.9T12.1T8.0T
Non Current Liabilities Total3.1T3.3T4.0T4.3T4.5T2.6T
Inventory39.7B23.3B31.2B77.9B98.1B50.3B
Other Current Assets34.6B1.2B1.3B3.1T139.5B132.6B
Total Liab4.1T4.3T6.2T7.5T7.3T4.1T
Property Plant And Equipment Gross5.4T9.8T11.3T11.8T12.1T6.9T
Total Current Assets1.0T1.0T1.3T3.1T2.4T1.4T
Accumulated Other Comprehensive Income(2.4T)(2.3T)(2.4T)(2.3T)(1.5T)(1.6T)
Short Term Debt164.4B159.1B86.3B75.0B785.7B825.0B
Intangible Assets132.3B165.1B191.2B191.4B194.8B114.1B
Other Liab564.9B575.4B704.1B806.0B926.9B973.2B
Net Tangible Assets2.4T2.3T2.0T3.0T3.5T2.1T
Other Assets419.5B692.9B836.0B900.2B1.0T1.1T
Long Term Debt1.7T1.5T1.9T2.1T1.9T1.3T
Common Stock Shares Outstanding981.4M1.3B69.2B69.2B69.2M65.7M
Other Stockholder Equity14K210K(353K)105K(431.6B)(410.0B)
Long Term Investments10.3B15.3B12.3B20.1B27.7B29.1B
Short Long Term Debt158.6B152.1B75.2B56.0B542.2B569.3B
Property Plant Equipment5.4T5.1T6.3T6.8T7.8T4.3T
Capital Lease Obligations53.4B51.9B159.7B235.7B268.1B281.5B

Pair Trading with Enel Chile

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

Moving together with Enel Stock

  0.62D Dominion EnergyPairCorr
  0.68ES Eversource EnergyPairCorr

Moving against Enel Stock

  0.5HE Hawaiian Electric Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Enel Chile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enel Chile 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 Enel Chile - 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 Enel Chile SA to buy it.
The correlation of Enel Chile 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 Enel Chile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enel Chile SA 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 Enel Chile 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 Enel Chile SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enel Chile'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 Enel Chile Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enel Chile Sa Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enel Chile SA. 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.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Enel Chile'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 Enel Chile. If investors know Enel 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 Enel Chile 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
0.058
Dividend Share
4.579
Earnings Share
0.48
Revenue Per Share
K
Quarterly Revenue Growth
(0.1)
The market value of Enel Chile SA is measured differently than its book value, which is the value of Enel that is recorded on the company's balance sheet. Investors also form their own opinion of Enel Chile's value that differs from its market value or its book value, called intrinsic value, which is Enel Chile'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 Enel Chile's market value can be influenced by many factors that don't directly affect Enel Chile'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 Enel Chile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enel Chile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enel Chile'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.