Companhia Cash vs Property Plant And Equipment Net Analysis
CIG Stock | USD 1.97 0.08 3.90% |
Companhia Energetica financial indicator trend analysis is way more than just evaluating Companhia Energetica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia Energetica is a good investment. Please check the relationship between Companhia Energetica Cash and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energetica de. 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.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Energetica Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Companhia Energetica's Cash and Property Plant And Equipment Net is 0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Companhia Energetica de, assuming nothing else is changed. The correlation between historical values of Companhia Energetica's Cash and Property Plant And Equipment Net 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 of Companhia Energetica de are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Companhia Energetica's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Companhia Energetica, which is listed under current asset account on Companhia Energetica de balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Companhia Energetica customers. The amounts must be unrestricted with restricted cash listed in a different Companhia Energetica account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Companhia Energetica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Companhia Energetica 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energetica de. 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 this time, Companhia Energetica's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7B | 2.5B | 1.0B | 1.2B | Depreciation And Amortization | 1.0B | 1.8B | 1.3B | 967.8M |
Companhia Energetica fundamental ratios Correlations
Click cells to compare fundamentals
Companhia Energetica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Companhia Energetica fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 49.9B | 54.1B | 52.0B | 53.7B | 55.0B | 37.9B | |
Short Long Term Debt Total | 15.1B | 15.2B | 11.6B | 10.9B | 10.3B | 11.0B | |
Other Current Liab | 1.1B | 2.0B | 2.4B | 7.4B | 4.3B | 2.7B | |
Total Current Liabilities | 8.7B | 9.7B | 10.7B | 11.2B | 13.1B | 9.2B | |
Total Stockholder Equity | 15.1B | 17.5B | 19.5B | 21.8B | 22.8B | 13.6B | |
Other Liab | 7.9B | 13.9B | 13.8B | 11.8B | 13.6B | 14.3B | |
Property Plant And Equipment Net | 2.7B | 2.6B | 2.6B | 2.7B | 3.7B | 6.1B | |
Current Deferred Revenue | 2.8B | 3.2B | 4.0B | 3.0B | 3.5B | 2.2B | |
Net Debt | 14.5B | 13.6B | 10.8B | 9.5B | 8.7B | 9.5B | |
Retained Earnings | 7.9B | 6.7B | 7.3B | 10.4B | 11.3B | 5.7B | |
Accounts Payable | 2.1B | 2.4B | 2.7B | 2.8B | 3.0B | 1.6B | |
Cash | 536M | 1.7B | 825M | 1.4B | 1.5B | 1.5B | |
Non Current Assets Total | 39.8B | 38.6B | 39.1B | 40.2B | 43.1B | 28.7B | |
Non Currrent Assets Other | 10.9B | 11.8B | 10.6B | 9.5B | 1.8B | 1.7B | |
Other Assets | (1M) | 11.8B | 11.9B | 3.8B | 4.4B | 3.9B | |
Long Term Debt | 12.0B | 13.0B | 9.9B | 9.6B | 7.2B | 6.1B | |
Cash And Short Term Investments | 2.4B | 5.3B | 4.1B | 4.2B | 2.3B | 2.9B | |
Net Receivables | 5.6B | 7.7B | 8.0B | 8.3B | 8.1B | 4.0B | |
Common Stock Shares Outstanding | 2.3B | 2.2B | 2.2B | 2.2B | 2.9B | 1.9B | |
Liabilities And Stockholders Equity | 49.9B | 54.1B | 52.0B | 53.7B | 55.0B | 37.9B | |
Non Current Liabilities Total | 26.1B | 26.9B | 21.9B | 20.7B | 17.3B | 15.0B | |
Inventory | 39M | 1.8B | (1.7B) | (1.7B) | (1.1B) | (1.1B) | |
Other Current Assets | 596M | 631M | 862M | 889M | 1.5B | 996.3M | |
Other Stockholder Equity | (7.9B) | (6.7B) | (9.5B) | (1.9B) | (1.4M) | (1.4M) | |
Total Liab | 34.9B | 36.6B | 32.6B | 31.9B | 30.3B | 24.2B | |
Total Current Assets | 10.1B | 15.5B | 12.9B | 13.5B | 11.9B | 9.2B | |
Accumulated Other Comprehensive Income | 7.8B | 9.9B | 13.2B | 2.3B | 478.3M | 454.3M | |
Short Term Debt | 2.8B | 2.1B | 1.5B | 1.0B | 2.7B | 2.9B | |
Property Plant Equipment | 2.7B | 2.6B | 2.6B | 2.7B | 2.5B | 3.3B | |
Short Term Investments | 1.8B | 3.6B | 3.2B | 2.8B | 774.0M | 735.3M | |
Property Plant And Equipment Gross | 610M | 2.6B | 7.9B | 2.7B | 9.1B | 5.9B | |
Intangible Assets | 11.6B | 11.8B | 13.0B | 14.6B | 15.2B | 16.0B | |
Net Tangible Assets | (1.1B) | (588.2M) | 1.9B | 1.5B | 1.4B | 1.4B | |
Long Term Investments | 5.4B | 6.2B | 10.4B | 10.2B | 10.4B | 9.0B | |
Short Long Term Debt | 2.7B | 2.1B | 1.5B | 955M | 2.6B | 2.2B | |
Long Term Debt Total | 12.2B | 13.1B | 10.1B | 9.9B | 11.4B | 11.3B |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energetica de. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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Is Companhia Energetica'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 Companhia Energetica. If investors know Companhia 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 Companhia Energetica 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 (0.17) | Dividend Share 1.092 | Earnings Share 0.39 | Revenue Per Share 13.025 | Quarterly Revenue Growth 0.048 |
The market value of Companhia Energetica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica'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 Companhia Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica'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 Companhia Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica'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.