AES Net Debt vs Common Stock Total Equity Analysis
AES Stock | USD 19.99 0.62 3.20% |
AES financial indicator trend analysis is way more than just evaluating AES prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES is a good investment. Please check the relationship between AES Net Debt and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The AES. 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.
Net Debt vs Common Stock Total Equity
Net Debt vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AES Net Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AES's Net Debt and Common Stock Total Equity is 0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of The AES, assuming nothing else is changed. The correlation between historical values of AES's Net Debt and Common Stock Total 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 Net Debt of The AES are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Debt i.e., AES's Net Debt and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from AES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES 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 The AES. 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. Discontinued Operations is likely to gain to about 3.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 208.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.7B | 2.5B | 5.0B | 3.7B | Total Revenue | 11.1B | 12.6B | 12.7B | 10.1B |
AES fundamental ratios Correlations
Click cells to compare fundamentals
AES Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AES fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 664.6M | 667M | 668M | 666M | 712M | 613.7M | |
Total Assets | 33.6B | 34.6B | 33.0B | 38.4B | 44.8B | 33.3B | |
Short Long Term Debt Total | 20.2B | 19.9B | 18.7B | 23.5B | 27.1B | 18.8B | |
Other Current Liab | 442M | 2.3B | 2.1B | 3.0B | 3.3B | 3.4B | |
Total Current Liabilities | 5.1B | 5.4B | 4.7B | 6.5B | 9.7B | 5.7B | |
Total Stockholder Equity | 3.0B | 2.6B | 2.8B | 2.4B | 4.0B | 3.2B | |
Property Plant And Equipment Net | 22.6B | 22.8B | 19.9B | 23.0B | 30.3B | 20.6B | |
Net Debt | 19.1B | 18.8B | 17.8B | 22.1B | 25.3B | 17.5B | |
Retained Earnings | (692M) | (680M) | (1.1B) | (1.6B) | (1.4B) | (1.3B) | |
Accounts Payable | 1.3B | 1.2B | 1.2B | 1.7B | 2.2B | 1.3B | |
Cash | 1.0B | 1.1B | 943M | 1.4B | 1.8B | 1.4B | |
Non Current Assets Total | 28.4B | 29.2B | 27.6B | 30.7B | 38.2B | 27.3B | |
Non Currrent Assets Other | 3.2B | 3.4B | 3.6B | 4.2B | 3.5B | 2.9B | |
Cash And Short Term Investments | 1.4B | 1.4B | 1.2B | 2.1B | 2.2B | 1.9B | |
Net Receivables | 1.5B | 1.3B | 1.4B | 1.8B | 1.4B | 1.7B | |
Liabilities And Stockholders Equity | 33.6B | 34.6B | 33.0B | 38.4B | 44.8B | 33.3B | |
Non Current Liabilities Total | 23.3B | 24.5B | 23.7B | 27.4B | 27.6B | 22.3B | |
Inventory | 487M | 461M | 604M | 1.1B | 712M | 545.2M | |
Other Current Assets | 802M | 726M | 897M | 1.5B | 2.3B | 1.3B | |
Other Stockholder Equity | 5.0B | 4.8B | 5.3B | 4.9B | 4.5B | 5.6B | |
Total Liab | 28.4B | 29.9B | 28.4B | 33.9B | 37.4B | 28.0B | |
Property Plant And Equipment Gross | 22.6B | 22.8B | 28.4B | 31.7B | 38.6B | 21.5B | |
Total Current Assets | 5.2B | 5.4B | 5.4B | 7.6B | 6.6B | 6.0B | |
Accumulated Other Comprehensive Income | (2.2B) | (2.4B) | (2.2B) | (1.6B) | (1.5B) | (1.6B) | |
Short Term Debt | 1.9B | 1.4B | 1.4B | 1.8B | 4.2B | 4.4B | |
Other Liab | 4.7B | 6.1B | 6.3B | 3.9B | 4.5B | 5.3B | |
Current Deferred Revenue | 1.5B | 438M | 85M | 103M | 92.7M | 88.1M | |
Other Assets | 3.1B | 4.5B | 4.0B | 3.5B | 3.1B | 3.1B | |
Long Term Debt | 18.3B | 18.5B | 17.3B | 21.7B | 22.7B | 20.0B | |
Short Term Investments | 400M | 335M | 232M | 730M | 395M | 595.5M | |
Intangible Assets | 469M | 827M | 1.5B | 1.8B | 2.2B | 2.4B | |
Property Plant Equipment | 22.6B | 22.8B | 19.9B | 23.0B | 26.5B | 23.9B | |
Treasury Stock | (1.9B) | (1.9B) | (1.8B) | (1.8B) | (1.6B) | (1.7B) | |
Net Tangible Assets | 2.4B | 3.5B | (654M) | 2.9B | 2.6B | 2.3B | |
Noncontrolling Interest In Consolidated Entity | 2.2B | 2.1B | 1.8B | 2.1B | 1.9B | 2.3B | |
Retained Earnings Total Equity | (692M) | (680M) | (1.1B) | (1.6B) | (1.5B) | (1.4B) |
Pair Trading with AES
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 AES 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 AES will appreciate offsetting losses from the drop in the long position's value.Moving together with AES Stock
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Moving against AES Stock
0.46 | ELPC | Companhia Paranaense | PairCorr |
0.46 | ELP | Companhia Paranaense Downward Rally | PairCorr |
The ability to find closely correlated positions to AES could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AES 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 AES - 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 The AES to buy it.
The correlation of AES 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 AES moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AES 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 AES 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in The AES. 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. Note that the AES information on this page should be used as a complementary analysis to other AES'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for AES Stock analysis
When running AES's price analysis, check to measure AES'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 AES is operating at the current time. Most of AES's value examination focuses on studying past and present price action to predict the probability of AES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AES's price. Additionally, you may evaluate how the addition of AES to your portfolios can decrease your overall portfolio volatility.
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Is AES'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 AES. If investors know AES 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 AES 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 1.857 | Dividend Share 0.677 | Earnings Share 0.73 | Revenue Per Share 18.56 | Quarterly Revenue Growth (0.05) |
The market value of AES is measured differently than its book value, which is the value of AES that is recorded on the company's balance sheet. Investors also form their own opinion of AES's value that differs from its market value or its book value, called intrinsic value, which is AES'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 AES's market value can be influenced by many factors that don't directly affect AES'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 AES's value and its price as these two are different measures arrived at by different means. Investors typically determine if AES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AES'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.