Companhia Inventory vs Other Stockholder Equity 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 Inventory and its Other Stockholder Equity 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.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Energetica Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Companhia Energetica's Inventory and Other Stockholder Equity is -0.1. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity 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 Inventory and Other 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 Inventory of Companhia Energetica de are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Companhia Energetica's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Other Stockholder Equity

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 Expense1.7B2.5B1.0B1.2B
Depreciation And Amortization1.0B1.8B1.3B967.8M

Companhia Energetica fundamental ratios Correlations

0.580.560.710.790.67-0.80.250.60.670.860.040.910.50.460.80.460.860.660.88-0.160.35-0.580.960.82-0.07
0.580.140.620.110.09-0.40.220.98-0.10.410.350.540.430.290.520.70.310.020.620.310.47-0.430.740.450.65
0.560.140.750.280.26-0.43-0.440.180.350.24-0.190.230.00.190.49-0.090.240.290.3-0.13-0.1-0.250.590.84-0.28
0.710.620.750.280.11-0.360.050.620.160.390.160.430.130.30.440.360.360.250.4-0.040.38-0.270.790.860.33
0.790.110.280.280.74-0.690.380.110.910.90.030.860.380.370.530.290.930.820.64-0.490.38-0.330.570.45-0.36
0.670.090.260.110.74-0.620.10.120.80.68-0.140.720.40.290.640.070.740.630.73-0.290.06-0.380.550.4-0.49
-0.8-0.4-0.43-0.36-0.69-0.620.0-0.48-0.65-0.80.34-0.81-0.35-0.24-0.85-0.21-0.67-0.58-0.830.12-0.110.79-0.75-0.540.33
0.250.22-0.440.050.380.10.00.160.150.380.360.380.280.23-0.10.590.50.160.21-0.210.5-0.050.170.00.31
0.60.980.180.620.110.12-0.480.16-0.060.440.170.570.410.230.590.610.310.050.660.30.39-0.530.770.470.58
0.67-0.10.350.160.910.8-0.650.15-0.060.77-0.220.740.270.110.55-0.050.790.850.56-0.490.14-0.250.460.37-0.54
0.860.410.240.390.90.68-0.80.380.440.77-0.040.950.360.380.680.420.920.730.77-0.360.52-0.520.720.46-0.13
0.040.35-0.190.160.03-0.140.340.360.17-0.22-0.040.020.190.35-0.240.620.08-0.12-0.070.10.530.390.040.050.53
0.910.540.230.430.860.72-0.810.380.570.740.950.020.530.330.730.450.90.720.87-0.250.47-0.540.810.5-0.03
0.50.430.00.130.380.4-0.350.280.410.270.360.190.530.440.480.510.50.150.660.06-0.12-0.310.510.30.04
0.460.290.190.30.370.29-0.240.230.230.110.380.350.330.440.370.570.50.210.430.070.16-0.310.450.51-0.1
0.80.520.490.440.530.64-0.85-0.10.590.550.68-0.240.730.480.370.320.640.470.870.08-0.04-0.750.820.64-0.23
0.460.7-0.090.360.290.07-0.210.590.61-0.050.420.620.450.510.570.320.51-0.080.470.150.45-0.270.50.340.47
0.860.310.240.360.930.74-0.670.50.310.790.920.080.90.50.50.640.510.70.78-0.330.37-0.470.710.54-0.22
0.660.020.290.250.820.63-0.580.160.050.850.73-0.120.720.150.210.47-0.080.70.51-0.260.32-0.240.470.38-0.35
0.880.620.30.40.640.73-0.830.210.660.560.77-0.070.870.660.430.870.470.780.510.060.12-0.750.880.61-0.13
-0.160.31-0.13-0.04-0.49-0.290.12-0.210.3-0.49-0.360.1-0.250.060.070.080.15-0.33-0.260.06-0.3-0.10.020.00.25
0.350.47-0.10.380.380.06-0.110.50.390.140.520.530.47-0.120.16-0.040.450.370.320.12-0.30.090.280.090.54
-0.58-0.43-0.25-0.27-0.33-0.380.79-0.05-0.53-0.25-0.520.39-0.54-0.31-0.31-0.75-0.27-0.47-0.24-0.75-0.10.09-0.64-0.460.23
0.960.740.590.790.570.55-0.750.170.770.460.720.040.810.510.450.820.50.710.470.880.020.28-0.640.860.08
0.820.450.840.860.450.4-0.540.00.470.370.460.050.50.30.510.640.340.540.380.610.00.09-0.460.86-0.1
-0.070.65-0.280.33-0.36-0.490.330.310.58-0.54-0.130.53-0.030.04-0.1-0.230.47-0.22-0.35-0.130.250.540.230.08-0.1
Click cells to compare fundamentals

Companhia Energetica Account Relationship Matchups

Companhia Energetica fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9B54.1B52.0B53.7B55.0B37.9B
Short Long Term Debt Total15.1B15.2B11.6B10.9B10.3B11.0B
Other Current Liab1.1B2.0B2.4B7.4B4.3B2.7B
Total Current Liabilities8.7B9.7B10.7B11.2B13.1B9.2B
Total Stockholder Equity15.1B17.5B19.5B21.8B22.8B13.6B
Other Liab7.9B13.9B13.8B11.8B13.6B14.3B
Property Plant And Equipment Net2.7B2.6B2.6B2.7B3.7B6.1B
Current Deferred Revenue2.8B3.2B4.0B3.0B3.5B2.2B
Net Debt14.5B13.6B10.8B9.5B8.7B9.5B
Retained Earnings7.9B6.7B7.3B10.4B11.3B5.7B
Accounts Payable2.1B2.4B2.7B2.8B3.0B1.6B
Cash536M1.7B825M1.4B1.5B1.5B
Non Current Assets Total39.8B38.6B39.1B40.2B43.1B28.7B
Non Currrent Assets Other10.9B11.8B10.6B9.5B1.8B1.7B
Other Assets(1M)11.8B11.9B3.8B4.4B3.9B
Long Term Debt12.0B13.0B9.9B9.6B7.2B6.1B
Cash And Short Term Investments2.4B5.3B4.1B4.2B2.3B2.9B
Net Receivables5.6B7.7B8.0B8.3B8.1B4.0B
Common Stock Shares Outstanding2.3B2.2B2.2B2.2B2.9B1.9B
Liabilities And Stockholders Equity49.9B54.1B52.0B53.7B55.0B37.9B
Non Current Liabilities Total26.1B26.9B21.9B20.7B17.3B15.0B
Inventory39M1.8B(1.7B)(1.7B)(1.1B)(1.1B)
Other Current Assets596M631M862M889M1.5B996.3M
Other Stockholder Equity(7.9B)(6.7B)(9.5B)(1.9B)(1.4M)(1.4M)
Total Liab34.9B36.6B32.6B31.9B30.3B24.2B
Total Current Assets10.1B15.5B12.9B13.5B11.9B9.2B
Accumulated Other Comprehensive Income7.8B9.9B13.2B2.3B478.3M454.3M
Short Term Debt2.8B2.1B1.5B1.0B2.7B2.9B
Property Plant Equipment2.7B2.6B2.6B2.7B2.5B3.3B
Short Term Investments1.8B3.6B3.2B2.8B774.0M735.3M
Property Plant And Equipment Gross610M2.6B7.9B2.7B9.1B5.9B
Intangible Assets11.6B11.8B13.0B14.6B15.2B16.0B
Net Tangible Assets(1.1B)(588.2M)1.9B1.5B1.4B1.4B
Long Term Investments5.4B6.2B10.4B10.2B10.4B9.0B
Short Long Term Debt2.7B2.1B1.5B955M2.6B2.2B
Long Term Debt Total12.2B13.1B10.1B9.9B11.4B11.3B

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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:
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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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
(0.17)
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.