Energy Free Cash Flow Yield vs Capex To Depreciation Analysis

CIG-C Stock

USD 2.33 0.03 1.30%

Energy Of financial indicator trend analysis is much more than just examining Energy of Minas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy of Minas is a good investment. Please check the relationship between Energy Of Free Cash Flow Yield and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Energy of Minas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy of Minas Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Energy Of's Free Cash Flow Yield and Capex To Depreciation is 0.61. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Energy of Minas, assuming nothing else is changed. The correlation between historical values of Energy Of's Free Cash Flow Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Energy of Minas are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Energy Of's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Energy Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy of Minas 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 Energy of Minas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At present, Energy Of's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.68, whereas Selling General Administrative is forecasted to decline to about 930.1 M.

	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

Energy Of fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.58	0.56	0.71	0.79	-0.8	0.25	0.6	0.67	0.86	0.04	0.91	0.5	0.46	0.86	0.74	0.66	0.56	0.88	0.35	-0.58	0.96	-0.51	0.82	-0.07	0.68
Short Long Term Debt Total	0.58		0.14	0.62	0.11	-0.4	0.22	0.98	-0.1	0.41	0.35	0.54	0.43	0.7	0.31	0.36	0.02	0.64	0.62	0.47	-0.43	0.74	-0.5	0.45	0.65	0.16
Other Current Liab	0.56	0.14		0.75	0.28	-0.43	-0.44	0.18	0.35	0.24	-0.19	0.23	0.0	-0.09	0.24	0.3	0.29	0.03	0.3	-0.1	-0.25	0.59	-0.4	0.84	-0.28	0.29
Total Current Liabilities	0.71	0.62	0.75		0.28	-0.36	0.05	0.62	0.16	0.39	0.16	0.43	0.13	0.36	0.36	0.37	0.25	0.35	0.4	0.38	-0.27	0.79	-0.28	0.86	0.33	0.28
Total Stockholder Equity	0.79	0.11	0.28	0.28		-0.69	0.38	0.11	0.91	0.9	0.03	0.86	0.38	0.29	0.93	0.71	0.82	0.35	0.64	0.38	-0.33	0.57	-0.2	0.45	-0.36	0.79
Property Plant And Equipment Net	-0.8	-0.4	-0.43	-0.36	-0.69		0.0	-0.48	-0.64	-0.8	0.34	-0.81	-0.35	-0.21	-0.67	-0.79	-0.58	-0.52	-0.83	-0.11	0.79	-0.75	0.76	-0.54	0.33	-0.67
Current Deferred Revenue	0.25	0.22	-0.44	0.05	0.38	0.0		0.16	0.15	0.38	0.36	0.38	0.28	0.59	0.5	0.23	0.16	0.47	0.21	0.5	-0.05	0.17	0.26	0.0	0.31	0.27
Net Debt	0.6	0.98	0.18	0.62	0.11	-0.48	0.16		-0.06	0.44	0.17	0.57	0.41	0.61	0.31	0.38	0.05	0.66	0.66	0.39	-0.53	0.77	-0.57	0.47	0.58	0.17
Retained Earnings	0.67	-0.1	0.35	0.16	0.91	-0.64	0.15	-0.06		0.77	-0.21	0.74	0.27	-0.05	0.79	0.62	0.85	0.09	0.56	0.14	-0.25	0.46	-0.23	0.37	-0.54	0.74
Accounts Payable	0.86	0.41	0.24	0.39	0.9	-0.8	0.38	0.44	0.77		-0.04	0.95	0.36	0.42	0.92	0.76	0.73	0.56	0.77	0.52	-0.52	0.72	-0.38	0.46	-0.13	0.76
Cash	0.04	0.35	-0.19	0.16	0.03	0.34	0.36	0.17	-0.21	-0.04		0.02	0.19	0.62	0.08	-0.03	-0.12	0.06	-0.07	0.53	0.39	0.04	0.27	0.05	0.53	0.01
Non Current Assets Total	0.91	0.54	0.23	0.43	0.86	-0.81	0.38	0.57	0.74	0.95	0.02		0.53	0.45	0.9	0.76	0.72	0.56	0.87	0.47	-0.54	0.81	-0.44	0.5	-0.03	0.73
Non Currrent Assets Other	0.5	0.43	0.0	0.13	0.38	-0.35	0.28	0.41	0.27	0.36	0.19	0.53		0.51	0.5	0.16	0.15	0.53	0.66	-0.12	-0.31	0.51	-0.29	0.3	0.04	0.12
Cash And Short Term Investments	0.46	0.7	-0.09	0.36	0.29	-0.21	0.59	0.61	-0.05	0.42	0.62	0.45	0.51		0.51	0.26	-0.08	0.81	0.47	0.45	-0.27	0.5	-0.23	0.34	0.47	0.2
Net Receivables	0.86	0.31	0.24	0.36	0.93	-0.67	0.5	0.31	0.79	0.92	0.08	0.9	0.5	0.51		0.66	0.7	0.59	0.78	0.37	-0.47	0.71	-0.26	0.54	-0.22	0.7
Common Stock Total Equity	0.74	0.36	0.3	0.37	0.71	-0.79	0.23	0.38	0.62	0.76	-0.03	0.76	0.16	0.26	0.66		0.53	0.29	0.69	0.43	-0.52	0.65	-0.49	0.49	-0.19	0.94
Common Stock Shares Outstanding	0.66	0.02	0.29	0.25	0.82	-0.58	0.16	0.05	0.85	0.73	-0.12	0.72	0.15	-0.08	0.7	0.53		0.02	0.51	0.32	-0.24	0.47	-0.09	0.38	-0.36	0.55
Short Term Investments	0.56	0.64	0.03	0.35	0.35	-0.52	0.47	0.66	0.09	0.56	0.06	0.56	0.53	0.81	0.59	0.29	0.02		0.64	0.18	-0.63	0.62	-0.49	0.4	0.22	0.18
Non Current Liabilities Total	0.88	0.62	0.3	0.4	0.64	-0.83	0.21	0.66	0.56	0.77	-0.07	0.87	0.66	0.47	0.78	0.69	0.51	0.64		0.12	-0.75	0.88	-0.67	0.61	-0.13	0.56
Other Current Assets	0.35	0.47	-0.1	0.38	0.38	-0.11	0.5	0.39	0.14	0.52	0.53	0.47	-0.12	0.45	0.37	0.43	0.32	0.18	0.12		0.09	0.28	0.16	0.09	0.54	0.45
Other Stockholder Equity	-0.58	-0.43	-0.25	-0.27	-0.33	0.79	-0.05	-0.53	-0.25	-0.52	0.39	-0.54	-0.31	-0.27	-0.47	-0.52	-0.24	-0.63	-0.75	0.09		-0.64	0.64	-0.46	0.23	-0.3
Total Liab	0.96	0.74	0.59	0.79	0.57	-0.75	0.17	0.77	0.46	0.72	0.04	0.81	0.51	0.5	0.71	0.65	0.47	0.62	0.88	0.28	-0.64		-0.59	0.86	0.08	0.53
Property Plant And Equipment Gross	-0.51	-0.5	-0.4	-0.28	-0.2	0.76	0.26	-0.57	-0.23	-0.38	0.27	-0.44	-0.29	-0.23	-0.26	-0.49	-0.09	-0.49	-0.67	0.16	0.64	-0.59		-0.43	0.15	-0.34
Total Current Assets	0.82	0.45	0.84	0.86	0.45	-0.54	0.0	0.47	0.37	0.46	0.05	0.5	0.3	0.34	0.54	0.49	0.38	0.4	0.61	0.09	-0.46	0.86	-0.43		-0.1	0.4
Short Term Debt	-0.07	0.65	-0.28	0.33	-0.36	0.33	0.31	0.58	-0.54	-0.13	0.53	-0.03	0.04	0.47	-0.22	-0.19	-0.36	0.22	-0.13	0.54	0.23	0.08	0.15	-0.1		-0.28
Common Stock	0.68	0.16	0.29	0.28	0.79	-0.67	0.27	0.17	0.74	0.76	0.01	0.73	0.12	0.2	0.7	0.94	0.55	0.18	0.56	0.45	-0.3	0.53	-0.34	0.4	-0.28

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Energy Of Account Relationship Matchups

Energy Of 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
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	5.9B
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
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
Short Term Investments	1.8B	3.6B	3.2B	2.8B	774.0M	735.3M
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
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
Property Plant And Equipment Gross	2.7B	2.6B	7.9B	2.7B	9.1B	6.5B
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	2.9B
Inventory	39M	1.8B	(1.7B)	(1.7B)	(1.1B)	(1.1B)
Intangible Assets	11.6B	11.8B	13.0B	14.6B	15.2B	8.4B
Other Liab	7.9B	13.9B	13.8B	11.8B	13.6B	9.4B
Net Tangible Assets	(1.1B)	(588.2M)	1.9B	1.5B	1.4B	1.4B
Other Assets	(1M)	11.8B	11.9B	12.0B	13.8B	14.4B
Long Term Debt	12.0B	13.0B	9.9B	9.6B	7.2B	11.1B
Long Term Investments	5.4B	6.2B	10.4B	10.2B	10.4B	10.5B
Short Long Term Debt	2.7B	2.1B	1.5B	955M	2.6B	2.6B
Property Plant Equipment	2.7B	2.7B	2.6B	2.6B	2.4B	2.9B
Capital Lease Obligations	288M	227M	244M	354M	433M	454.7M

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Other Information on Investing in Energy Stock

Balance Sheet is a snapshot of the financial position of Energy of Minas at a specified time, usually calculated after every quarter, six months, or one year. Energy Of Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Energy Of and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Energy currently owns. An asset can also be divided into two categories, current and non-current.

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Energy Free Cash Flow Yield vs Capex To Depreciation Analysis

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Capex To Depreciation

Energy Of fundamental ratios Correlations

Energy Of Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Energy Of fundamental ratios Accounts

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Other Information on Investing in Energy Stock

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
Common Stock	+ 0.94	Common Stock Total Equity
Net Receivables	+ 0.93	Total Stockholder Equity
Net Receivables	+ 0.92	Accounts Payable

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
Common Stock Total Equity	- 0.79	Property Plant And Equipment Net
Other Stockholder Equity	- 0.75	Non Current Liabilities Total