Companhia Ebit vs Gross Profit Analysis

CIG Stock

USD 2.47 0.09 3.52%

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 Ebit and its Gross Profit 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.

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Energetica Ebit account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Companhia Energetica's Ebit and Gross Profit is 0.78. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit 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 Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Companhia Energetica de are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., Companhia Energetica's Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Companhia Energetica de minus its cost of goods sold. It is profit before Companhia Energetica operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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

Interest Expense Depreciation And Amortization

Companhia Energetica fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.58	0.56	0.71	0.79	0.67	-0.8	0.25	0.6	0.67	0.86	0.04	0.91	0.5	0.46	0.8	0.46	0.86	0.66	0.88	-0.16	0.35	-0.58	0.96	0.82	-0.06
Short Long Term Debt Total	0.58		0.14	0.62	0.11	0.09	-0.4	0.22	0.98	-0.1	0.41	0.35	0.54	0.43	0.29	0.52	0.7	0.31	0.02	0.62	0.31	0.47	-0.43	0.74	0.45	0.65
Other Current Liab	0.56	0.14		0.75	0.28	0.26	-0.43	-0.44	0.18	0.35	0.24	-0.19	0.23	0.0	0.19	0.49	-0.09	0.24	0.29	0.3	-0.13	-0.1	-0.25	0.59	0.84	-0.28
Total Current Liabilities	0.71	0.62	0.75		0.28	0.11	-0.36	0.05	0.62	0.16	0.39	0.16	0.43	0.13	0.3	0.44	0.36	0.36	0.25	0.4	-0.04	0.38	-0.27	0.79	0.86	0.33
Total Stockholder Equity	0.79	0.11	0.28	0.28		0.74	-0.69	0.38	0.11	0.91	0.9	0.03	0.86	0.38	0.37	0.53	0.29	0.93	0.82	0.64	-0.49	0.38	-0.33	0.57	0.45	-0.36
Other Liab	0.67	0.09	0.26	0.11	0.74		-0.62	0.1	0.12	0.8	0.68	-0.14	0.72	0.4	0.29	0.64	0.07	0.74	0.63	0.73	-0.29	0.06	-0.38	0.55	0.4	-0.49
Property Plant And Equipment Net	-0.8	-0.4	-0.43	-0.36	-0.69	-0.62		0.0	-0.48	-0.65	-0.8	0.34	-0.81	-0.35	-0.24	-0.85	-0.21	-0.67	-0.58	-0.83	0.12	-0.11	0.79	-0.75	-0.54	0.33
Current Deferred Revenue	0.25	0.22	-0.44	0.05	0.38	0.1	0.0		0.16	0.15	0.38	0.36	0.38	0.28	0.23	-0.1	0.59	0.5	0.16	0.21	-0.21	0.5	-0.05	0.17	0.0	0.31
Net Debt	0.6	0.98	0.18	0.62	0.11	0.12	-0.48	0.16		-0.06	0.44	0.17	0.57	0.41	0.23	0.59	0.61	0.31	0.05	0.66	0.3	0.39	-0.53	0.77	0.47	0.58
Retained Earnings	0.67	-0.1	0.35	0.16	0.91	0.8	-0.65	0.15	-0.06		0.77	-0.22	0.74	0.27	0.11	0.55	-0.05	0.79	0.85	0.56	-0.49	0.14	-0.25	0.46	0.37	-0.54
Accounts Payable	0.86	0.41	0.24	0.39	0.9	0.68	-0.8	0.38	0.44	0.77		-0.04	0.95	0.36	0.38	0.68	0.42	0.92	0.73	0.77	-0.36	0.52	-0.52	0.72	0.46	-0.13
Cash	0.04	0.35	-0.19	0.16	0.03	-0.14	0.34	0.36	0.17	-0.22	-0.04		0.02	0.19	0.35	-0.24	0.62	0.08	-0.12	-0.07	0.1	0.53	0.39	0.04	0.05	0.53
Non Current Assets Total	0.91	0.54	0.23	0.43	0.86	0.72	-0.81	0.38	0.57	0.74	0.95	0.02		0.53	0.33	0.73	0.45	0.9	0.72	0.87	-0.25	0.47	-0.54	0.81	0.5	-0.03
Non Currrent Assets Other	0.5	0.43	0.0	0.13	0.38	0.4	-0.35	0.28	0.41	0.27	0.36	0.19	0.53		0.44	0.48	0.51	0.5	0.15	0.66	0.06	-0.12	-0.31	0.51	0.3	0.04
Other Assets	0.46	0.29	0.19	0.3	0.37	0.29	-0.24	0.23	0.23	0.11	0.38	0.35	0.33	0.44		0.37	0.57	0.5	0.21	0.43	0.07	0.16	-0.31	0.45	0.51	-0.1
Long Term Debt	0.8	0.52	0.49	0.44	0.53	0.64	-0.85	-0.1	0.59	0.55	0.68	-0.24	0.73	0.48	0.37		0.32	0.64	0.47	0.87	0.08	-0.04	-0.75	0.82	0.64	-0.22
Cash And Short Term Investments	0.46	0.7	-0.09	0.36	0.29	0.07	-0.21	0.59	0.61	-0.05	0.42	0.62	0.45	0.51	0.57	0.32		0.51	-0.08	0.47	0.15	0.45	-0.27	0.5	0.34	0.47
Net Receivables	0.86	0.31	0.24	0.36	0.93	0.74	-0.67	0.5	0.31	0.79	0.92	0.08	0.9	0.5	0.5	0.64	0.51		0.7	0.78	-0.33	0.37	-0.47	0.71	0.54	-0.22
Common Stock Shares Outstanding	0.66	0.02	0.29	0.25	0.82	0.63	-0.58	0.16	0.05	0.85	0.73	-0.12	0.72	0.15	0.21	0.47	-0.08	0.7		0.51	-0.26	0.32	-0.24	0.47	0.38	-0.35
Non Current Liabilities Total	0.88	0.62	0.3	0.4	0.64	0.73	-0.83	0.21	0.66	0.56	0.77	-0.07	0.87	0.66	0.43	0.87	0.47	0.78	0.51		0.06	0.12	-0.75	0.88	0.61	-0.13
Inventory	-0.16	0.31	-0.13	-0.04	-0.49	-0.29	0.12	-0.21	0.3	-0.49	-0.36	0.1	-0.25	0.06	0.07	0.08	0.15	-0.33	-0.26	0.06		-0.3	-0.1	0.02	0.0	0.25
Other Current Assets	0.35	0.47	-0.1	0.38	0.38	0.06	-0.11	0.5	0.39	0.14	0.52	0.53	0.47	-0.12	0.16	-0.04	0.45	0.37	0.32	0.12	-0.3		0.09	0.28	0.09	0.54
Other Stockholder Equity	-0.58	-0.43	-0.25	-0.27	-0.33	-0.38	0.79	-0.05	-0.53	-0.25	-0.52	0.39	-0.54	-0.31	-0.31	-0.75	-0.27	-0.47	-0.24	-0.75	-0.1	0.09		-0.64	-0.46	0.22
Total Liab	0.96	0.74	0.59	0.79	0.57	0.55	-0.75	0.17	0.77	0.46	0.72	0.04	0.81	0.51	0.45	0.82	0.5	0.71	0.47	0.88	0.02	0.28	-0.64		0.86	0.09
Total Current Assets	0.82	0.45	0.84	0.86	0.45	0.4	-0.54	0.0	0.47	0.37	0.46	0.05	0.5	0.3	0.51	0.64	0.34	0.54	0.38	0.61	0.0	0.09	-0.46	0.86		-0.1
Short Term Debt	-0.06	0.65	-0.28	0.33	-0.36	-0.49	0.33	0.31	0.58	-0.54	-0.13	0.53	-0.03	0.04	-0.1	-0.22	0.47	-0.22	-0.35	-0.13	0.25	0.54	0.22	0.09	-0.1

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Companhia Energetica Account Relationship Matchups

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	2.7B
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

Pair Trading with Companhia Energetica

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 Companhia Energetica 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 Companhia Energetica will appreciate offsetting losses from the drop in the long position's value.

Moving against Companhia Stock

0.42

MNTK

Montauk Renewables

Pair Corr

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

The correlation of Companhia Energetica 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 Companhia Energetica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Energetica 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 Companhia Energetica 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 Companhia Energetica is a strong investment it is important to analyze Companhia Energetica'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 Companhia Energetica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:

How To Invest In Companhia

Details

Is Companhia Stock a good investment?

Details

What is Companhia Energetica's Net Worth?

Details

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Companhia Stock analysis

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

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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

0.341

Dividend Share

1.092

Earnings Share

0.51

Revenue Per Share

12.881

Quarterly Revenue Growth

0.021

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.

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Companhia Ebit vs Gross Profit Analysis

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebit

Gross Profit

Companhia Energetica fundamental ratios Correlations

Companhia Energetica Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Companhia Energetica fundamental ratios Accounts

Pair Trading with Companhia Energetica

Moving against Companhia Stock

Complementary Tools for Companhia Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.96	Total Assets
Non Current Assets Total	+ 0.95	Accounts Payable
Net Receivables	+ 0.93	Total Stockholder Equity
Net Receivables	+ 0.92	Accounts Payable
Non Current Assets Total	+ 0.91	Total Assets

Long Term Debt	- 0.85	Property Plant And Equipment Net
Non Current Liabilities Total	- 0.83	Property Plant And Equipment Net
Non Current Assets Total	- 0.81	Property Plant And Equipment Net
Accounts Payable	- 0.8	Property Plant And Equipment Net
Property Plant And Equipment Net	- 0.8	Total Assets
Other Stockholder Equity	- 0.75	Non Current Liabilities Total