Energy Ptb Ratio vs Days Sales Outstanding 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 Ptb Ratio and its Days Sales Outstanding 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.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy of Minas Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Energy Of's Ptb Ratio and Days Sales Outstanding is -0.04. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding 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 Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Energy of Minas are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Energy Of's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

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

Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

MSFT	Microsoft
CRM	Salesforce
GOOG	Alphabet Inc Class C

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Energy Ptb Ratio vs Days Sales Outstanding Analysis

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Ptb Ratio

Days Sales Outstanding

Energy Of fundamental ratios Correlations

Energy Of Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Energy Of fundamental ratios Accounts

Also Currently Popular

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