Enterprise Cash And Short Term Investments vs Short Long Term Debt Total Analysis

EPD Stock

USD 29.06 0.13 0.45%

Enterprise Products financial indicator trend analysis is much more than just examining Enterprise Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enterprise Products is a good investment. Please check the relationship between Enterprise Products Cash And Short Term Investments and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Cash And Short Term Investments vs Short Long Term Debt Total

Cash And Short Term Investments vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enterprise Products Cash And Short Term Investments account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Enterprise Products' Cash And Short Term Investments and Short Long Term Debt Total is 0.41. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Enterprise Products Partners, assuming nothing else is changed. The correlation between historical values of Enterprise Products' Cash And Short Term Investments and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Enterprise Products Partners are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Cash And Short Term Investments i.e., Enterprise Products' Cash And Short Term Investments and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Enterprise Products balance sheet. This account contains Enterprise Products investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Enterprise Products Partners fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Short Long Term Debt Total

Most indicators from Enterprise Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enterprise Products 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 Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

At present, Enterprise Products' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.85, whereas Selling General Administrative is forecasted to decline to about 148.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	5.7B	6.7B	6.7B	7.0B
Total Revenue	40.8B	58.2B	49.7B	27.8B

Gross Profit Total Revenue

Enterprise Products fundamental ratios Correlations

	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 Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab
Total Assets		0.99	0.19	0.72	0.19	1.0	0.99	-0.58	0.71	0.4	0.99	0.52	0.4	0.6	0.93	0.99	0.68	0.51	-0.07	1.0	0.69	0.69	0.54	0.82	0.74	0.66
Short Long Term Debt Total	0.99		0.13	0.68	0.15	0.99	1.0	-0.6	0.7	0.41	0.99	0.47	0.41	0.54	0.94	1.0	0.65	0.56	-0.07	0.99	0.64	0.65	0.58	0.84	0.75	0.61
Other Current Liab	0.19	0.13		0.31	0.27	0.18	0.14	-0.26	0.16	-0.13	0.16	0.35	-0.13	0.34	0.12	0.15	0.19	-0.14	0.34	0.21	0.33	0.25	-0.12	0.1	0.07	0.29
Total Current Liabilities	0.72	0.68	0.31		0.45	0.71	0.68	-0.24	0.52	0.28	0.69	0.76	0.28	0.95	0.66	0.69	0.86	0.26	-0.05	0.74	0.93	0.94	0.35	0.52	0.67	0.84
Total Stockholder Equity	0.19	0.15	0.27	0.45		0.19	0.2	0.35	0.28	-0.5	0.22	0.06	-0.5	0.34	0.25	0.12	0.19	0.07	0.49	0.16	0.52	0.2	0.36	0.38	0.3	0.37
Property Plant And Equipment Net	1.0	0.99	0.18	0.71	0.19		0.99	-0.59	0.75	0.36	0.99	0.5	0.36	0.59	0.94	0.99	0.66	0.49	-0.09	0.99	0.69	0.67	0.54	0.82	0.73	0.65
Net Debt	0.99	1.0	0.14	0.68	0.2	0.99		-0.57	0.73	0.33	1.0	0.44	0.33	0.53	0.95	0.99	0.63	0.55	-0.04	0.98	0.65	0.62	0.61	0.86	0.74	0.61
Retained Earnings	-0.58	-0.6	-0.26	-0.24	0.35	-0.59	-0.57		-0.35	-0.56	-0.57	-0.46	-0.56	-0.24	-0.43	-0.64	-0.41	-0.13	0.42	-0.58	-0.32	-0.39	-0.04	-0.33	-0.48	-0.44
Accounts Payable	0.71	0.7	0.16	0.52	0.28	0.75	0.73	-0.35		0.01	0.73	0.18	0.01	0.47	0.79	0.71	0.33	0.07	-0.13	0.72	0.48	0.39	0.31	0.57	0.33	0.41
Cash	0.4	0.41	-0.13	0.28	-0.5	0.36	0.33	-0.56	0.01		0.34	0.5	1.0	0.33	0.25	0.44	0.41	0.28	-0.34	0.42	0.16	0.53	-0.08	0.11	0.33	0.27
Non Current Assets Total	0.99	0.99	0.16	0.69	0.22	0.99	1.0	-0.57	0.73	0.34		0.46	0.34	0.54	0.94	0.99	0.64	0.53	-0.05	0.98	0.67	0.63	0.59	0.87	0.76	0.64
Non Currrent Assets Other	0.52	0.47	0.35	0.76	0.06	0.5	0.44	-0.46	0.18	0.5	0.46		0.5	0.8	0.27	0.53	0.9	-0.02	-0.3	0.55	0.81	0.89	-0.13	0.22	0.63	0.84
Cash And Short Term Investments	0.4	0.41	-0.13	0.28	-0.5	0.36	0.33	-0.56	0.01	1.0	0.34	0.5		0.33	0.25	0.44	0.41	0.28	-0.34	0.42	0.16	0.53	-0.09	0.11	0.33	0.27
Net Receivables	0.6	0.54	0.34	0.95	0.34	0.59	0.53	-0.24	0.47	0.33	0.54	0.8	0.33		0.51	0.57	0.83	0.05	-0.15	0.63	0.87	0.95	0.09	0.28	0.51	0.79
Common Stock Shares Outstanding	0.93	0.94	0.12	0.66	0.25	0.94	0.95	-0.43	0.79	0.25	0.94	0.27	0.25	0.51		0.92	0.51	0.59	0.08	0.93	0.55	0.55	0.66	0.81	0.57	0.46
Non Current Liabilities Total	0.99	1.0	0.15	0.69	0.12	0.99	0.99	-0.64	0.71	0.44	0.99	0.53	0.44	0.57	0.92		0.68	0.52	-0.12	0.99	0.67	0.68	0.5	0.81	0.75	0.65
Inventory	0.68	0.65	0.19	0.86	0.19	0.66	0.63	-0.41	0.33	0.41	0.64	0.9	0.41	0.83	0.51	0.68		0.27	-0.32	0.69	0.9	0.93	0.15	0.42	0.77	0.91
Other Current Assets	0.51	0.56	-0.14	0.26	0.07	0.49	0.55	-0.13	0.07	0.28	0.53	-0.02	0.28	0.05	0.59	0.52	0.27		0.18	0.49	0.16	0.23	0.63	0.61	0.44	0.14
Other Stockholder Equity	-0.07	-0.07	0.34	-0.05	0.49	-0.09	-0.04	0.42	-0.13	-0.34	-0.05	-0.3	-0.34	-0.15	0.08	-0.12	-0.32	0.18		-0.07	-0.15	-0.24	0.33	0.16	-0.21	-0.35
Total Liab	1.0	0.99	0.21	0.74	0.16	0.99	0.98	-0.58	0.72	0.42	0.98	0.55	0.42	0.63	0.93	0.99	0.69	0.49	-0.07		0.69	0.72	0.5	0.79	0.71	0.65
Property Plant And Equipment Gross	0.69	0.64	0.33	0.93	0.52	0.69	0.65	-0.32	0.48	0.16	0.67	0.81	0.16	0.87	0.55	0.67	0.9	0.16	-0.15	0.69		0.87	0.28	0.55	0.8	0.95
Total Current Assets	0.69	0.65	0.25	0.94	0.2	0.67	0.62	-0.39	0.39	0.53	0.63	0.89	0.53	0.95	0.55	0.68	0.93	0.23	-0.24	0.72	0.87		0.13	0.37	0.66	0.85
Short Term Debt	0.54	0.58	-0.12	0.35	0.36	0.54	0.61	-0.04	0.31	-0.08	0.59	-0.13	-0.09	0.09	0.66	0.5	0.15	0.63	0.33	0.5	0.28	0.13		0.77	0.51	0.18
Intangible Assets	0.82	0.84	0.1	0.52	0.38	0.82	0.86	-0.33	0.57	0.11	0.87	0.22	0.11	0.28	0.81	0.81	0.42	0.61	0.16	0.79	0.55	0.37	0.77		0.78	0.49
Common Stock	0.74	0.75	0.07	0.67	0.3	0.73	0.74	-0.48	0.33	0.33	0.76	0.63	0.33	0.51	0.57	0.75	0.77	0.44	-0.21	0.71	0.8	0.66	0.51	0.78		0.85
Other Liab	0.66	0.61	0.29	0.84	0.37	0.65	0.61	-0.44	0.41	0.27	0.64	0.84	0.27	0.79	0.46	0.65	0.91	0.14	-0.35	0.65	0.95	0.85	0.18	0.49	0.85

Click cells to compare fundamentals

Enterprise Products Account Relationship Matchups

Enterprise Products fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	61.7B	64.1B	67.5B	68.1B	71.0B	35.9B
Short Long Term Debt Total	27.6B	29.9B	29.9B	28.6B	29.1B	15.8B
Other Current Liab	633.6M	957.9M	880.1M	9.4B	1.1B	1.8B
Total Current Liabilities	9.1B	9.0B	11.6B	12.3B	13.1B	13.8B
Total Stockholder Equity	71.4M	(165.2M)	285.9M	26.6B	27.7B	29.1B
Property Plant And Equipment Net	41.6B	41.9B	42.1B	44.4B	45.8B	23.6B
Net Debt	27.3B	28.8B	27.1B	28.6B	28.9B	15.5B
Accounts Payable	1.2B	854.1M	798.6M	975M	1.2B	657.3M
Cash	334.7M	1.1B	2.8B	76M	180M	240.1M
Non Current Assets Total	53.9B	54.2B	54.3B	57.5B	58.7B	30.6B
Non Currrent Assets Other	472.5M	1.1B	1.1B	1.2B	1.2B	1.2B
Cash And Short Term Investments	334.7M	1.1B	2.8B	76M	180M	244.9M
Net Receivables	4.9B	4.8B	7.0B	7.0B	7.8B	8.2B
Common Stock Shares Outstanding	2.2B	2.2B	2.2B	2.2B	2.2B	1.5B
Liabilities And Stockholders Equity	37.0B	39.8B	42.2B	68.1B	42.2B	29.3B
Non Current Liabilities Total	26.8B	29.7B	29.5B	28.1B	29.1B	15.3B
Inventory	2.1B	3.3B	2.7B	2.6B	3.4B	3.5B
Other Current Assets	560.7M	737.8M	781.2M	394M	457M	408.2M
Other Stockholder Equity	(24.7B)	165.2M	(285.9M)	26.3B	(1.3B)	(1.3B)
Total Liab	35.9B	38.7B	41.1B	40.4B	42.2B	21.3B
Property Plant And Equipment Gross	41.6B	41.9B	42.1B	63.2B	66.3B	69.6B
Total Current Assets	7.9B	9.9B	13.3B	10.6B	12.2B	12.9B
Accumulated Other Comprehensive Income	71.4M	(165.2M)	285.9M	365M	307M	322.4M
Short Term Debt	2.0B	1.3B	1.4B	1.7B	1.3B	1.3B
Intangible Assets	3.4B	3.3B	3.2B	4.0B	3.8B	2.3B
Common Stock	24.7B	25.8B	26.3B	27.6B	28.7B	30.1B
Other Liab	954.4M	819.5M	939.2M	1.2B	1.4B	1.4B
Other Assets	262.3M	3.5B	795M	819M	41.3B	43.3B
Long Term Debt	25.6B	28.5B	28.1B	26.6B	27.4B	16.0B
Property Plant Equipment	41.6B	41.9B	42.4B	44.8B	51.5B	54.1B
Current Deferred Revenue	5.3B	5.9B	8.5B	181M	9.6B	10.0B
Net Tangible Assets	22.4B	22.1B	16.3B	17.1B	19.6B	17.1B
Long Term Debt Total	25.6B	28.5B	28.1B	26.6B	30.5B	22.5B
Deferred Long Term Liab	80.4M	100.4M	464.7M	518M	595.7M	625.5M
Long Term Investments	2.6B	2.4B	2.4B	2.4B	2.3B	2.7B
Non Current Liabilities Other	1.0B	686.6M	11.2M	8M	9.2M	8.7M
Short Long Term Debt	2.0B	1.3B	1.4B	1.7B	1.3B	1.5B

Pair Trading with Enterprise Products

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 Enterprise Products 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 Enterprise Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enterprise Stock

0.95	AM	Antero Midstream Partners Sell-off Trend	Pair Corr
0.97	ET	Energy Transfer LP Aggressive Push	Pair Corr

Moving against Enterprise Stock

0.72	TK	Teekay	Pair Corr
0.72	EURN	Euronav NV Financial Report 9th of May 2024	Pair Corr
0.58	CQP	Cheniere Energy Partners Earnings Call This Week	Pair Corr
0.45	FLNG	FLEX LNG Financial Report 21st of May 2024	Pair Corr

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

The correlation of Enterprise Products 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 Enterprise Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Products 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 Enterprise Products 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 Enterprise Products is a strong investment it is important to analyze Enterprise Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:

How To Invest In Enterprise

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Is Enterprise Stock a good investment?

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What is Enterprise Products' Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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

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Is Enterprise Products' 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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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

0.096

Dividend Share

2.005

Earnings Share

2.52

Revenue Per Share

22.889

Quarterly Revenue Growth

0.071

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

Cash And Short Term Investments vs Short Long Term Debt Total

Cash And Short Term Investments vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Short Long Term Debt Total

Enterprise Products fundamental ratios Correlations

Enterprise Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Enterprise Products fundamental ratios Accounts

Pair Trading with Enterprise Products

Moving together with Enterprise Stock

Moving against Enterprise Stock

Complementary Tools for Enterprise Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Non Current Liabilities Total	- 0.64	Retained Earnings
Retained Earnings	- 0.6	Short Long Term Debt Total
Retained Earnings	- 0.59	Property Plant And Equipment Net
Total Liab	- 0.58	Retained Earnings
Retained Earnings	- 0.58	Total Assets
Non Current Assets Total	- 0.57	Retained Earnings