FirstEnergy Accumulated Depreciation vs Total Stockholder Equity Analysis

FE Stock  USD 38.79  0.66  1.73%   
FirstEnergy financial indicator trend analysis is much more than just examining FirstEnergy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FirstEnergy is a good investment. Please check the relationship between FirstEnergy Accumulated Depreciation and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.

Accumulated Depreciation vs Total Stockholder Equity

Accumulated Depreciation vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstEnergy Accumulated Depreciation account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FirstEnergy's Accumulated Depreciation and Total Stockholder Equity is -0.38. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of FirstEnergy, assuming nothing else is changed. The correlation between historical values of FirstEnergy's Accumulated Depreciation and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of FirstEnergy are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accumulated Depreciation i.e., FirstEnergy's Accumulated Depreciation and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for FirstEnergy fixed asset that has been charged to FirstEnergy expense since that asset was acquired and made available for FirstEnergy use. The accumulated depreciation account is FirstEnergy asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by FirstEnergy.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from FirstEnergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FirstEnergy 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 FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.At present, FirstEnergy's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit7.7B7.9B8.2B8.2B
Total Revenue11.1B12.5B12.9B12.9B

FirstEnergy fundamental ratios Correlations

0.770.460.720.740.93-0.110.80.280.360.011.0-0.130.010.880.610.890.650.310.440.940.820.460.50.490.75
0.770.270.460.190.89-0.060.99-0.290.30.410.770.170.410.580.870.920.10.160.480.910.60.230.80.80.84
0.460.270.380.470.39-0.140.320.33-0.2-0.30.47-0.09-0.30.440.310.260.410.12-0.180.350.260.180.30.290.35
0.720.460.380.570.54-0.250.50.260.45-0.160.70.04-0.160.790.240.490.660.570.520.660.730.910.140.130.36
0.740.190.470.570.57-0.070.240.830.16-0.320.74-0.37-0.320.660.140.370.80.250.10.460.590.410.090.090.45
0.930.890.390.540.57-0.080.910.090.360.160.940.00.160.720.820.930.360.180.370.920.640.240.750.740.89
-0.11-0.06-0.14-0.25-0.07-0.08-0.13-0.02-0.730.57-0.14-0.150.57-0.120.11-0.03-0.28-0.550.08-0.10.2-0.30.10.10.01
0.80.990.320.50.240.91-0.13-0.250.360.30.810.170.30.630.850.940.170.210.470.930.590.260.790.780.84
0.28-0.290.330.260.830.09-0.02-0.25-0.15-0.410.28-0.34-0.410.23-0.35-0.130.710.18-0.17-0.050.280.29-0.34-0.340.06
0.360.3-0.20.450.160.36-0.730.36-0.15-0.310.380.09-0.310.390.190.350.240.490.320.390.090.390.130.130.18
0.010.41-0.3-0.16-0.320.160.570.3-0.41-0.31-0.020.121.0-0.190.440.26-0.52-0.290.260.180.24-0.170.40.410.25
1.00.770.470.70.740.94-0.140.810.280.38-0.02-0.13-0.020.870.630.890.640.30.430.930.790.440.520.510.77
-0.130.17-0.090.04-0.370.0-0.150.17-0.340.090.12-0.130.12-0.240.1-0.02-0.350.19-0.090.01-0.160.130.10.10.04
0.010.41-0.3-0.16-0.320.160.570.3-0.41-0.311.0-0.020.12-0.190.440.26-0.52-0.290.260.180.24-0.170.40.410.25
0.880.580.440.790.660.72-0.120.630.230.39-0.190.87-0.24-0.190.410.740.740.350.420.830.820.580.280.270.47
0.610.870.310.240.140.820.110.85-0.350.190.440.630.10.440.410.78-0.17-0.130.280.720.34-0.080.970.960.81
0.890.920.260.490.370.93-0.030.94-0.130.350.260.89-0.020.260.740.780.330.170.490.970.70.220.660.650.77
0.650.10.410.660.80.36-0.280.170.710.24-0.520.64-0.35-0.520.74-0.170.330.410.190.440.630.61-0.26-0.270.15
0.310.160.120.570.250.18-0.550.210.180.49-0.290.30.19-0.290.35-0.130.170.410.210.280.280.72-0.21-0.210.03
0.440.48-0.180.520.10.370.080.47-0.170.320.260.43-0.090.260.420.280.490.190.210.540.520.470.240.240.37
0.940.910.350.660.460.92-0.10.93-0.050.390.180.930.010.180.830.720.970.440.280.540.790.410.60.590.75
0.820.60.260.730.590.640.20.590.280.090.240.79-0.160.240.820.340.70.630.280.520.790.620.190.180.45
0.460.230.180.910.410.24-0.30.260.290.39-0.170.440.13-0.170.58-0.080.220.610.720.470.410.62-0.16-0.170.11
0.50.80.30.140.090.750.10.79-0.340.130.40.520.10.40.280.970.66-0.26-0.210.240.60.19-0.161.00.84
0.490.80.290.130.090.740.10.78-0.340.130.410.510.10.410.270.960.65-0.27-0.210.240.590.18-0.171.00.84
0.750.840.350.360.450.890.010.840.060.180.250.770.040.250.470.810.770.150.030.370.750.450.110.840.84
Click cells to compare fundamentals

FirstEnergy Account Relationship Matchups

FirstEnergy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.3B44.5B45.4B46.1B48.8B41.1B
Short Long Term Debt Total21.0B24.5B23.9B21.7B24.9B17.9B
Other Current Liab1.4B560M402M1.8B1.8B1.9B
Total Current Liabilities4.9B5.0B4.4B4.0B5.4B5.3B
Total Stockholder Equity7.0B7.2B8.7B10.2B10.4B9.2B
Property Plant And Equipment Net31.7B33.3B34.7B36.3B38.4B25.3B
Current Deferred Revenue1.1B1.3B1.5B223M227M215.7M
Net Debt20.4B22.7B22.4B21.5B24.8B17.5B
Retained Earnings(4.0B)(2.9B)(1.6B)(1.2B)(97M)(92.2M)
Accounts Payable1.0B827M943M1.5B1.4B1.2B
Cash627M1.7B1.5B160M137M130.2M
Non Current Assets Total39.9B40.8B42.2B43.7B46.2B38.2B
Non Currrent Assets Other1.8B1.1B1.1B1.2B(3.0B)(3.2B)
Cash And Short Term Investments627M1.7B1.5B160M137M130.2M
Net Receivables1.3B1.4B1.3B1.6B1.6B1.5B
Common Stock Shares Outstanding542M543M546M572M574M411.5M
Liabilities And Stockholders Equity42.3B44.5B45.4B46.1B48.8B41.1B
Non Current Liabilities Total30.5B32.2B32.3B31.5B32.5B23.8B
Inventory281M317M260M421M512M543.4M
Other Stockholder Equity10.9B10.1B10.2B1.2B10.5B8.2B
Total Liab35.3B37.2B36.8B35.5B37.9B31.9B
Total Current Assets2.4B3.7B3.2B2.4B2.6B2.9B
Accumulated Other Comprehensive Income20M(5M)(15M)(14M)(17M)(17.9M)
Short Term Debt1.4B2.3B1.6B451M2.0B2.6B
Property Plant And Equipment Gross31.7B33.3B47.4B36.3B52.2B27.0B
Other Liab10.6B9.8B10.1B10.1B11.6B9.3B
Other Assets1.9B1.1B1.2B906M815.4M774.6M
Long Term Debt49M30M22.2B21.2B22.9B24.0B
Intangible Assets5.7B93M80M73M65.7M62.4M
Property Plant Equipment31.7B33.3B34.7B2.0B2.2B2.1B
Retained Earnings Total Equity(4.0B)(2.9B)(1.6B)(1.2B)(1.1B)(1.1B)
Deferred Long Term Liab99M82M71M4.2B4.8B5.1B

FirstEnergy Investors Sentiment

The influence of FirstEnergy'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 FirstEnergy. 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 FirstEnergy's public news can be used to forecast risks associated with an investment in FirstEnergy. The trend in average sentiment can be used to explain how an investor holding FirstEnergy can time the market purely based on public headlines and social activities around FirstEnergy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FirstEnergy'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 FirstEnergy'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 FirstEnergy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FirstEnergy.
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 FirstEnergy 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, FirstEnergy's short interest history, or implied volatility extrapolated from FirstEnergy options trading.

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When determining whether FirstEnergy is a strong investment it is important to analyze FirstEnergy's 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 FirstEnergy's future performance. For an informed investment choice regarding FirstEnergy Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running FirstEnergy's price analysis, check to measure FirstEnergy'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 FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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Is FirstEnergy'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 FirstEnergy. If investors know FirstEnergy 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 FirstEnergy 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
(0.14)
Dividend Share
1.6
Earnings Share
1.89
Revenue Per Share
22.216
Quarterly Revenue Growth
0.017
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy'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 FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy'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 FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy'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.