Enel Income Statement Research
| ENIC Stock | USD 3.01 0.01 0.33% |
Enel |
Most accounts from Enel Chile's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Enel Chile Valuation and Enel Chile Correlation analysis. At present, Enel Chile's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.1 T, whereas Depreciation And Amortization is forecasted to decline to about 219.4 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 174.0B | 193.6B | 238.8B | 250.8B | Depreciation And Amortization | 210.9B | 319.9B | 266.1B | 219.4B |
Enel Chile income statement Correlations
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Enel Chile Account Relationship Matchups
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High Negative Relationship
Enel Chile income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 88.8B | 127.4B | 174.0B | 193.6B | 238.8B | 250.8B | |
| Total Revenue | 2.6T | 2.5T | 2.8T | 5.0T | 4.3T | 3.1T | |
| Gross Profit | 1.2T | 1.2T | 818.4B | 1.6T | 782.0B | 1.1T | |
| Operating Income | 1.1T | 720.5B | 346.8B | 912.4B | 751.7B | 696.4B | |
| Ebit | 1.1T | 720.5B | 346.8B | 912.4B | 751.7B | 712.8B | |
| Ebitda | 1.4T | 950.4B | 557.7B | 1.2T | 1.0T | 932.3B | |
| Cost Of Revenue | 1.4T | 1.4T | 2.0T | 3.4T | 3.5T | 2.0T | |
| Income Before Tax | 377.3B | (133.7B) | 115.8B | 1.8T | 901.2B | 611.2B | |
| Net Income | 296.2B | (52.4B) | 85.2B | 1.3T | 633.5B | 395.4B | |
| Income Tax Expense | 61.2B | (81.3B) | 15.1B | 469.7B | 226.9B | 140.4B | |
| Minority Interest | 262.6B | 242.4B | (15.6B) | (56.9B) | (62.4B) | (59.3B) | |
| Tax Provision | 61.2B | (81.3B) | 15.1B | 469.7B | 591.5B | 621.1B | |
| Interest Income | 17.0B | 36.2B | 26.4B | 50.4B | 57.3B | 37.2B | |
| Net Interest Income | (139.3B) | (91.2B) | (147.6B) | (143.2B) | (107.1B) | (112.4B) |
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 Enel Chile 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, Enel Chile's short interest history, or implied volatility extrapolated from Enel Chile options trading.
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
| 0.42 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
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.Check out Enel Chile Valuation and Enel Chile Correlation analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Enel Stock analysis
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.