Energy Of Minas Stock Total Asset
| CIG-C Stock | USD 3.18 0.06 1.92% |
Energy of Minas fundamentals help investors to digest information that contributes to Energy Of's financial success or failures. It also enables traders to predict the movement of Energy Stock. The fundamental analysis module provides a way to measure Energy Of's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Energy Of stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 55 B | 37.9 B | |
| Intangibles To Total Assets | 0.28 | 0.29 |
Energy | Total Asset |
Energy of Minas Company Total Asset Analysis
Energy Of's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Energy Of Total Asset | 55 B |
Most of Energy Of's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Energy of Minas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Energy Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Energy Of is extremely important. It helps to project a fair market value of Energy Stock properly, considering its historical fundamentals such as Total Asset. Since Energy Of's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Energy Of's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Energy Of's interrelated accounts and indicators.
Click cells to compare fundamentals
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Energy Total Assets
Total Assets |
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Based on the latest financial disclosure, Energy of Minas has a Total Asset of 55 B. This is 36.36% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The total asset for all United States stocks is 86.66% lower than that of the firm.
Energy Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Energy Of's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Energy Of could also be used in its relative valuation, which is a method of valuing Energy Of by comparing valuation metrics of similar companies.Energy Of is currently under evaluation in total asset category among related companies.
Energy Of Current Valuation Drivers
We derive many important indicators used in calculating different scores of Energy Of from analyzing Energy Of's financial statements. These drivers represent accounts that assess Energy Of's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Energy Of's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.4B | 14.5B | 19.9B | 23.8B | 32.1B | 33.7B | |
| Enterprise Value | 28.0B | 28.1B | 30.7B | 33.3B | 40.8B | 42.9B |
Energy Of ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Energy Of's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Energy Of's managers, analysts, and investors.Environmental | Governance | Social |
Energy Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.0815 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 16.04 B | ||||
| Shares Outstanding | 2.86 B | ||||
| Shares Owned By Institutions | 0.02 % | ||||
| Number Of Shares Shorted | 21.74 K | ||||
| Price To Earning | 10.12 X | ||||
| Price To Book | 1.36 X | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 36.85 B | ||||
| Gross Profit | 5.26 B | ||||
| EBITDA | 7.93 B | ||||
| Net Income | 5.76 B | ||||
| Cash And Equivalents | 2.38 B | ||||
| Cash Per Share | 1.08 X | ||||
| Total Debt | 10.26 B | ||||
| Debt To Equity | 0.49 % | ||||
| Current Ratio | 1.30 X | ||||
| Book Value Per Share | 8.62 X | ||||
| Cash Flow From Operations | 6.64 B | ||||
| Short Ratio | 5.81 X | ||||
| Earnings Per Share | 0.51 X | ||||
| Number Of Employees | 4.92 K | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 8.45 B | ||||
| Total Asset | 55 B | ||||
| Retained Earnings | 11.31 B | ||||
| Working Capital | (1.22 B) | ||||
| Current Asset | 8.62 B | ||||
| Current Liabilities | 11.79 B | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 4.12 % | ||||
| Net Asset | 55 B | ||||
| Last Dividend Paid | 1.09 |
About Energy Of Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Energy of Minas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Of using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy of Minas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Energy Of 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, Energy Of's short interest history, or implied volatility extrapolated from Energy Of options trading.
Pair Trading with Energy Of
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 Energy Of 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 Energy Of will appreciate offsetting losses from the drop in the long position's value.Moving together with Energy Stock
| 0.67 | AES | AES | PairCorr |
Moving against Energy Stock
| 0.53 | BIP-PA | Brookfield Infrastructure | PairCorr |
| 0.53 | BIP-PB | Brookfield Infrastructure | PairCorr |
| 0.41 | DUKB | Duke Energy Corp | PairCorr |
The ability to find closely correlated positions to Energy Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Of 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 Energy Of - 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 Energy of Minas to buy it.
The correlation of Energy Of 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 Energy Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy of Minas 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 Energy Of 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 Energy Of Piotroski F Score and Energy Of Altman Z Score analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Energy Stock analysis
When running Energy Of's price analysis, check to measure Energy Of'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 Energy Of is operating at the current time. Most of Energy Of's value examination focuses on studying past and present price action to predict the probability of Energy Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Of's price. Additionally, you may evaluate how the addition of Energy Of to your portfolios can decrease your overall portfolio volatility.
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