Enel Short Long Term Debt vs Accounts Payable Analysis

ENIC Stock  USD 3.02  0.05  1.68%   
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 Short Long Term Debt and its Accounts Payable 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.

Short Long Term Debt vs Accounts Payable

Short Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enel Chile SA Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Enel Chile's Short Long Term Debt and Accounts Payable is -0.51. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable 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 Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Enel Chile SA are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., Enel Chile's Short Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Accounts Payable

An accounting item on the balance sheet that represents Enel Chile 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 Enel Chile SA 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.
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 Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 207.38, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.03.
 2021 2022 2023 2024 (projected)
Interest Expense174.0B193.6B238.8B250.8B
Depreciation And Amortization210.9B319.9B266.1B219.4B

Enel Chile fundamental ratios Correlations

0.80.790.950.950.98-0.570.740.90.790.850.990.860.860.890.370.870.450.970.730.50.990.880.90.410.95
0.80.490.720.830.8-0.640.990.740.930.570.820.570.60.650.670.660.830.770.680.180.780.920.660.840.74
0.790.490.890.590.74-0.680.390.570.560.760.740.820.750.840.180.540.110.750.490.710.820.680.810.050.74
0.950.720.890.840.89-0.640.630.790.780.870.90.80.890.950.20.720.410.880.760.630.950.820.950.350.84
0.950.830.590.840.94-0.460.760.970.80.830.930.740.850.820.40.860.530.90.790.440.910.820.860.510.88
0.980.80.740.890.94-0.530.750.90.740.770.990.850.790.80.470.930.420.990.660.410.980.870.820.40.97
-0.57-0.64-0.68-0.64-0.46-0.53-0.63-0.35-0.64-0.38-0.55-0.46-0.39-0.59-0.24-0.2-0.45-0.52-0.59-0.35-0.58-0.59-0.55-0.51-0.47
0.740.990.390.630.760.75-0.630.660.880.440.770.50.480.540.690.620.850.730.630.050.710.870.550.880.69
0.90.740.570.790.970.9-0.350.660.760.850.880.690.870.790.420.870.440.850.740.490.850.740.840.360.82
0.790.930.560.780.80.74-0.640.880.760.70.750.530.730.780.530.560.830.690.780.40.740.860.790.740.63
0.850.570.760.870.830.77-0.380.440.850.70.770.751.00.920.170.650.290.740.680.770.810.70.950.180.73
0.990.820.740.90.930.99-0.550.770.880.750.770.860.790.810.430.90.450.990.670.390.990.890.830.440.98
0.860.570.820.80.740.85-0.460.50.690.530.750.860.740.760.350.730.140.90.350.560.890.80.760.110.92
0.860.60.750.890.850.79-0.390.480.870.731.00.790.740.930.160.660.340.750.720.740.830.720.960.230.74
0.890.650.840.950.820.8-0.590.540.790.780.920.810.760.930.120.620.370.790.80.770.880.740.990.280.74
0.370.670.180.20.40.47-0.240.690.420.530.170.430.350.160.120.480.510.440.04-0.10.360.640.140.490.45
0.870.660.540.720.860.93-0.20.620.870.560.650.90.730.660.620.480.290.910.50.250.870.720.650.270.9
0.450.830.110.410.530.42-0.450.850.440.830.290.450.140.340.370.510.290.380.58-0.10.40.670.390.90.33
0.970.770.750.880.90.99-0.520.730.850.690.740.990.90.750.790.440.910.380.60.390.980.870.80.370.99
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
0.50.180.710.630.440.41-0.350.050.490.40.770.390.560.740.77-0.10.25-0.10.390.460.490.320.75-0.170.37
0.990.780.820.950.910.98-0.580.710.850.740.810.990.890.830.880.360.870.40.980.680.490.880.880.370.97
0.880.920.680.820.820.87-0.590.870.740.860.70.890.80.720.740.640.720.670.870.550.320.880.750.620.87
0.90.660.810.950.860.82-0.550.550.840.790.950.830.760.960.990.140.650.390.80.810.750.880.750.30.76
0.410.840.050.350.510.4-0.510.880.360.740.180.440.110.230.280.490.270.90.370.55-0.170.370.620.30.33
0.950.740.740.840.880.97-0.470.690.820.630.730.980.920.740.740.450.90.330.990.520.370.970.870.760.33
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 Gross5.4T9.8T11.3T11.8T13.6T14.3T
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 Debt1.7T1.5T1.9T2.1T2.5T2.6T
Common Stock Shares Outstanding981.4M1.3B69.2B69.2B69.2M65.7M
Other Stockholder Equity14K210K(353K)105K(431.6B)(410.0B)
Long Term Investments10.3B15.3B12.3B20.1B18.1B29.7B
Short Long Term Debt158.6B152.1B75.2B56.0B50.4B47.9B
Property Plant Equipment5.4T5.1T6.3T6.8T7.8T4.3T
Capital Lease Obligations53.4B51.9B159.7B235.7B271.0B284.6B

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 against Enel Stock

  0.43HE Hawaiian Electric Downward RallyPairCorr
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 CEOs Directory module to screen CEOs from public companies around the world.

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When running Enel Chile's price analysis, check to measure Enel Chile'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 Enel Chile is operating at the current time. Most of Enel Chile's value examination focuses on studying past and present price action to predict the probability of Enel Chile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enel Chile's price. Additionally, you may evaluate how the addition of Enel Chile to your portfolios can decrease your overall portfolio volatility.
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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
(0.68)
Earnings Share
0.48
Revenue Per Share
3.1 K
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0388
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.