Companhia Energetica De Stock Working Capital
| CIG Stock | USD 2.64 0.01 0.38% |
Companhia Energetica de fundamentals help investors to digest information that contributes to Companhia Energetica's financial success or failures. It also enables traders to predict the movement of Companhia Stock. The fundamental analysis module provides a way to measure Companhia Energetica'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 Companhia Energetica stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | -1.2 B | -1.2 B | |
| Change In Working Capital | 1.1 B | 604.7 M | |
| Working Capital | 0.00 | 0.00 |
Companhia | Working Capital |
Companhia Energetica de Company Working Capital Analysis
Companhia Energetica's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Companhia Energetica Working Capital | (1.22 B) |
Most of Companhia Energetica's fundamental indicators, such as Working Capital, 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, Companhia Energetica de is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companhia Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Companhia Energetica is extremely important. It helps to project a fair market value of Companhia Stock properly, considering its historical fundamentals such as Working Capital. Since Companhia Energetica'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 Companhia Energetica'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 Companhia Energetica's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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Companhia Capital Surpluse
Capital Surpluse |
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In accordance with the company's disclosures, Companhia Energetica de has a Working Capital of (1.22 Billion). This is 75.82% lower than that of the Electric Utilities sector and significantly lower than that of the Utilities industry. The working capital for all United States stocks is 182.8% higher than that of the company.
Companhia Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Companhia Energetica's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Companhia Energetica could also be used in its relative valuation, which is a method of valuing Companhia Energetica by comparing valuation metrics of similar companies.Companhia Energetica is currently under evaluation in working capital category among related companies.
Companhia Energetica Current Valuation Drivers
We derive many important indicators used in calculating different scores of Companhia Energetica from analyzing Companhia Energetica's financial statements. These drivers represent accounts that assess Companhia Energetica's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Companhia Energetica'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 |
Companhia Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.0815 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 15.14 B | ||||
| Shares Outstanding | 2.86 B | ||||
| Shares Owned By Institutions | 9.48 % | ||||
| Number Of Shares Shorted | 1.14 M | ||||
| Price To Earning | 5.91 X | ||||
| Price To Book | 1.13 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 36.85 B | ||||
| Gross Profit | 5.26 B | ||||
| EBITDA | 7.93 B | ||||
| Net Income | 5.76 B | ||||
| Cash And Equivalents | 1.35 B | ||||
| Cash Per Share | 1.65 X | ||||
| Total Debt | 10.26 B | ||||
| Debt To Equity | 0.56 % | ||||
| Current Ratio | 1.25 X | ||||
| Book Value Per Share | 8.62 X | ||||
| Cash Flow From Operations | 6.64 B | ||||
| Short Ratio | 0.48 X | ||||
| Earnings Per Share | 0.50 X | ||||
| Target Price | 2.8 | ||||
| Number Of Employees | 4.92 K | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 7.55 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 | 0.09 % | ||||
| Five Year Return | 6.24 % | ||||
| Net Asset | 55 B | ||||
| Last Dividend Paid | 1.09 |
About Companhia Energetica Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Companhia Energetica de's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Companhia Energetica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Companhia Energetica de 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 Companhia Energetica 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, Companhia Energetica's short interest history, or implied volatility extrapolated from Companhia Energetica options trading.
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 together with Companhia Stock
| 0.73 | AES | AES | PairCorr |
| 0.74 | ALE | Allete Inc | PairCorr |
| 0.77 | AVA | Avista | PairCorr |
Moving against Companhia Stock
| 0.68 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
| 0.67 | MNTK | Montauk Renewables Financial Report 8th of May 2024 | PairCorr |
| 0.64 | ELPC | Companhia Paranaense | PairCorr |
| 0.59 | ELP | Companhia Paranaense Financial Report 8th of May 2024 | PairCorr |
| 0.55 | DUKB | Duke Energy Corp | PairCorr |
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.Check out Companhia Energetica Piotroski F Score and Companhia Energetica Altman Z Score analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 0.5 | 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.