Energy Ebitda vs Net Income Analysis

ET Stock

USD 15.96 0.02 0.13%

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

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Transfer LP Ebitda account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Energy Transfer's Ebitda and Net Income is 0.8. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Energy Transfer LP, assuming nothing else is changed. The correlation between historical values of Energy Transfer's Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Energy Transfer LP are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Energy Transfer's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Energy Transfer LP financial statement analysis. It represents the amount of money remaining after all of Energy Transfer LP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

At this time, Energy Transfer's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 8.42 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	13.2B	13.5B	13.7B	14.3B
Total Revenue	67.4B	89.9B	78.6B	82.5B

Gross Profit Total Revenue

Energy Transfer fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab
Total Assets		0.99	0.95	0.91	0.34	0.99	0.43	0.99	0.73	0.11	1.0	-0.52	0.1	0.72	0.16	0.65	0.29	0.99	0.9	-0.16	0.22	0.99	0.8	0.76	0.17	0.79
Short Long Term Debt Total	0.99		0.95	0.84	0.27	0.98	0.36	1.0	0.66	0.11	0.99	-0.51	0.1	0.65	0.16	0.62	0.23	1.0	0.87	-0.1	0.18	0.99	0.77	0.71	0.14	0.82
Other Current Liab	0.95	0.95		0.87	0.2	0.92	0.22	0.95	0.63	0.28	0.96	-0.34	0.28	0.59	0.38	0.49	0.18	0.96	0.88	-0.06	0.08	0.97	0.67	0.67	0.23	0.71
Total Current Liabilities	0.91	0.84	0.87		0.43	0.88	0.49	0.84	0.83	0.14	0.9	-0.39	0.14	0.76	0.21	0.56	0.33	0.85	0.9	-0.19	0.29	0.89	0.76	0.81	0.36	0.63
Total Stockholder Equity	0.34	0.27	0.2	0.43		0.36	0.89	0.27	0.67	-0.31	0.33	-0.54	-0.31	0.78	-0.21	0.7	0.49	0.25	0.32	-0.46	0.62	0.28	0.72	0.68	0.3	0.42
Property Plant And Equipment Net	0.99	0.98	0.92	0.88	0.36		0.46	0.98	0.72	0.0	0.99	-0.6	0.0	0.72	0.04	0.7	0.31	0.97	0.85	-0.19	0.19	0.98	0.82	0.74	0.14	0.79
Current Deferred Revenue	0.43	0.36	0.22	0.49	0.89	0.46		0.36	0.8	-0.32	0.41	-0.77	-0.32	0.89	-0.32	0.86	0.44	0.33	0.37	-0.45	0.55	0.36	0.84	0.76	0.08	0.49
Net Debt	0.99	1.0	0.95	0.84	0.27	0.98	0.36		0.66	0.09	0.99	-0.52	0.09	0.66	0.15	0.63	0.24	1.0	0.87	-0.1	0.18	0.99	0.78	0.71	0.13	0.82
Accounts Payable	0.73	0.66	0.63	0.83	0.67	0.72	0.8	0.66		-0.02	0.71	-0.62	-0.02	0.97	0.02	0.78	0.4	0.66	0.75	-0.25	0.52	0.7	0.91	0.97	0.19	0.66
Cash	0.11	0.11	0.28	0.14	-0.31	0.0	-0.32	0.09	-0.02		0.11	0.45	1.0	-0.12	0.82	-0.34	-0.17	0.17	0.26	0.11	-0.09	0.16	-0.14	-0.01	0.23	0.02
Non Current Assets Total	1.0	0.99	0.96	0.9	0.33	0.99	0.41	0.99	0.71	0.11		-0.52	0.11	0.7	0.17	0.65	0.28	0.99	0.89	-0.15	0.19	0.99	0.8	0.74	0.17	0.79
Non Currrent Assets Other	-0.52	-0.51	-0.34	-0.39	-0.54	-0.6	-0.77	-0.52	-0.62	0.45	-0.52		0.45	-0.73	0.51	-0.94	-0.35	-0.47	-0.31	0.4	-0.1	-0.47	-0.77	-0.58	0.26	-0.49
Cash And Short Term Investments	0.1	0.1	0.28	0.14	-0.31	0.0	-0.32	0.09	-0.02	1.0	0.11	0.45		-0.12	0.82	-0.34	-0.17	0.16	0.26	0.11	-0.09	0.16	-0.14	-0.01	0.23	0.02
Net Receivables	0.72	0.65	0.59	0.76	0.78	0.72	0.89	0.66	0.97	-0.12	0.7	-0.73	-0.12		-0.06	0.88	0.39	0.64	0.68	-0.3	0.53	0.68	0.96	0.96	0.17	0.7
Good Will	0.16	0.16	0.38	0.21	-0.21	0.04	-0.32	0.15	0.02	0.82	0.17	0.51	0.82	-0.06		-0.36	-0.24	0.23	0.39	0.22	0.1	0.23	-0.11	0.08	0.28	0.15
Common Stock Shares Outstanding	0.65	0.62	0.49	0.56	0.7	0.7	0.86	0.63	0.78	-0.34	0.65	-0.94	-0.34	0.88	-0.36		0.38	0.59	0.48	-0.39	0.23	0.6	0.91	0.75	-0.05	0.61
Short Term Investments	0.29	0.23	0.18	0.33	0.49	0.31	0.44	0.24	0.4	-0.17	0.28	-0.35	-0.17	0.39	-0.24	0.38		0.23	0.33	-0.86	0.34	0.25	0.34	0.36	-0.25	0.17
Non Current Liabilities Total	0.99	1.0	0.96	0.85	0.25	0.97	0.33	1.0	0.66	0.17	0.99	-0.47	0.16	0.64	0.23	0.59	0.23		0.89	-0.1	0.18	1.0	0.76	0.71	0.14	0.82
Inventory	0.9	0.87	0.88	0.9	0.32	0.85	0.37	0.87	0.75	0.26	0.89	-0.31	0.26	0.68	0.39	0.48	0.33	0.89		-0.17	0.38	0.91	0.69	0.78	0.17	0.73
Other Current Assets	-0.16	-0.1	-0.06	-0.19	-0.46	-0.19	-0.45	-0.1	-0.25	0.11	-0.15	0.4	0.11	-0.3	0.22	-0.39	-0.86	-0.1	-0.17		-0.11	-0.12	-0.26	-0.14	0.18	-0.06
Other Stockholder Equity	0.22	0.18	0.08	0.29	0.62	0.19	0.55	0.18	0.52	-0.09	0.19	-0.1	-0.09	0.53	0.1	0.23	0.34	0.18	0.38	-0.11		0.2	0.46	0.6	0.11	0.52
Total Liab	0.99	0.99	0.97	0.89	0.28	0.98	0.36	0.99	0.7	0.16	0.99	-0.47	0.16	0.68	0.23	0.6	0.25	1.0	0.91	-0.12	0.2		0.77	0.74	0.18	0.81
Property Plant And Equipment Gross	0.8	0.77	0.67	0.76	0.72	0.82	0.84	0.78	0.91	-0.14	0.8	-0.77	-0.14	0.96	-0.11	0.91	0.34	0.76	0.69	-0.26	0.46	0.77		0.92	0.18	0.82
Total Current Assets	0.76	0.71	0.67	0.81	0.68	0.74	0.76	0.71	0.97	-0.01	0.74	-0.58	-0.01	0.96	0.08	0.75	0.36	0.71	0.78	-0.14	0.6	0.74	0.92		0.18	0.74
Short Term Debt	0.17	0.14	0.23	0.36	0.3	0.14	0.08	0.13	0.19	0.23	0.17	0.26	0.23	0.17	0.28	-0.05	-0.25	0.14	0.17	0.18	0.11	0.18	0.18	0.18		0.16
Other Liab	0.79	0.82	0.71	0.63	0.42	0.79	0.49	0.82	0.66	0.02	0.79	-0.49	0.02	0.7	0.15	0.61	0.17	0.82	0.73	-0.06	0.52	0.81	0.82	0.74	0.16

Click cells to compare fundamentals

Energy Transfer Account Relationship Matchups

Energy Transfer fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	98.9B	95.1B	106.0B	105.6B	113.7B	60.0B
Short Long Term Debt Total	51.9B	52.3B	49.8B	49.1B	53.2B	30.0B
Other Current Liab	3.0B	3.4B	2.9B	2.9B	3.0B	1.9B
Total Current Liabilities	7.7B	5.9B	10.8B	10.4B	11.3B	5.7B
Total Stockholder Equity	(11M)	6M	23M	40.7B	43.9B	46.1B
Property Plant And Equipment Net	75.2B	76.0B	82.4B	81.1B	86.2B	43.5B
Current Deferred Revenue	123M	161M	346M	490M	552M	579.6M
Net Debt	51.6B	51.9B	49.5B	48.8B	53.1B	29.7B
Accounts Payable	4.1B	2.8B	6.8B	7.0B	6.7B	7.0B
Cash	419M	291M	367M	257M	161M	311.2M
Non Current Assets Total	91.0B	88.8B	95.4B	93.6B	101.3B	54.1B
Non Currrent Assets Other	(2.1B)	(1.8B)	(2.0B)	(2.1B)	(2.2B)	(2.1B)
Cash And Short Term Investments	419M	291M	367M	257M	161M	312.7M
Net Receivables	5.3B	4.0B	7.7B	8.6B	9.2B	9.7B
Good Will	5.2B	2.4B	2.5B	2.6B	4.0B	3.7B
Common Stock Shares Outstanding	2.6B	2.7B	2.7B	3.1B	3.2B	3.3B
Liabilities And Stockholders Equity	77.1B	76.6B	74.7B	72.6B	69.0B	50.6B
Non Current Liabilities Total	56.6B	57.1B	55B	54.1B	57.7B	33.4B
Inventory	1.9B	1.7B	2.0B	2.5B	2.5B	1.4B
Other Current Assets	298M	222M	447M	(11.3B)	308M	323.4M
Other Stockholder Equity	(21.9B)	(18.5B)	(23M)	40.6B	43.9B	46.1B
Total Liab	64.3B	63.0B	65.8B	64.5B	69.0B	39.1B
Property Plant And Equipment Gross	75.2B	76.5B	104.0B	106.0B	115.8B	121.5B
Total Current Assets	7.9B	6.3B	10.5B	12.1B	12.4B	13.1B
Accumulated Other Comprehensive Income	(11M)	6M	23M	16M	28M	29.4M
Short Term Debt	86M	74M	727M	47M	1.1B	1.1B
Other Liab	4.6B	4.8B	5.2B	5.1B	5.8B	6.1B
Other Assets	1.1B	4.7B	10.1B	10.7B	12.4B	13.0B
Long Term Debt	51.0B	51.4B	49.0B	48.3B	51.4B	31.1B
Intangible Assets	6.2B	5.7B	5.9B	5.4B	6.2B	3.9B
Common Stock	21.9B	18.5B	25.2B	27.0B	30.2B	31.7B
Property Plant Equipment	74.2B	75.1B	82.4B	80.3B	92.4B	97.0B
Net Tangible Assets	23.5B	20.1B	16.9B	26.3B	30.3B	31.8B
Noncontrolling Interest In Consolidated Entity	12.0B	12.9B	8.0B	7.6B	6.9B	12.0B
Long Term Debt Total	51.0B	51.4B	49.0B	48.3B	55.5B	38.9B
Deferred Long Term Liab	3.5B	3.7B	3.8B	3.7B	4.3B	3.7B
Long Term Investments	3.5B	3.1B	2.9B	2.9B	3.1B	3.4B
Non Current Liabilities Other	1.2B	1.2B	1.3B	1.3B	1.6B	1.2B

Energy Transfer Investors Sentiment

The influence of Energy Transfer'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 Energy. 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 Energy Transfer's public news can be used to forecast risks associated with an investment in Energy. The trend in average sentiment can be used to explain how an investor holding Energy can time the market purely based on public headlines and social activities around Energy Transfer LP. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Energy Transfer'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 Energy Transfer'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 Energy Transfer's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Energy Transfer.

Energy Transfer Implied Volatility

18.8

Energy Transfer's implied volatility exposes the market's sentiment of Energy Transfer LP stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Energy Transfer's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Energy Transfer stock will not fluctuate a lot when Energy Transfer's options are near their expiration.

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 Energy Transfer 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, Energy Transfer's short interest history, or implied volatility extrapolated from Energy Transfer options trading.

Pair Trading with Energy Transfer

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 Energy Transfer 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 Energy Transfer will appreciate offsetting losses from the drop in the long position's value.

Moving together with Energy Stock

0.96

Antero Midstream Partners Sell-off Trend

Pair Corr

Moving against Energy Stock

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

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

The correlation of Energy Transfer 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 Energy Transfer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Transfer LP 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 Energy Transfer 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 Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:

How To Invest In Energy

Details

Is Energy Stock a good investment?

Details

What is Energy Transfer's Net Worth?

Details

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

You can also try the Stocks Directory module to find actively traded stocks across global markets.

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

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Is Energy Transfer'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 Energy Transfer. If investors know Energy 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 Energy Transfer 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

0.081

Dividend Share

1.245

Earnings Share

1.09

Revenue Per Share

24.856

Quarterly Revenue Growth

0.002

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

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

Energy Transfer fundamental ratios Correlations

Energy Transfer Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Energy Transfer fundamental ratios Accounts

Energy Transfer Investors Sentiment

Energy Transfer Implied Volatility

Pair Trading with Energy Transfer

Moving together with Energy Stock

Moving against Energy Stock

Complementary Tools for Energy Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 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 Liabilities Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Common Stock Shares Outstanding	- 0.94	Non Currrent Assets Other
Other Current Assets	- 0.86	Short Term Investments
Property Plant And Equipment Gross	- 0.77	Non Currrent Assets Other
Non Currrent Assets Other	- 0.77	Current Deferred Revenue
Net Receivables	- 0.73	Non Currrent Assets Other
Non Currrent Assets Other	- 0.62	Accounts Payable