Energy Ptb Ratio vs Free Cash Flow Yield Analysis

CIG-C Stock  USD 2.40  0.06  2.44%   
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 Free Cash Flow Yield 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 Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield 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 Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Energy Of's Ptb Ratio and Free Cash Flow Yield is -0.09. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield 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 Free Cash Flow Yield 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 Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Energy Of's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

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.
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 Expense1.7B2.5B1.0B1.2B
Depreciation And Amortization1.0B1.8B1.3B967.8M

Energy Of fundamental ratios Correlations

0.580.560.710.79-0.80.250.60.670.860.040.910.50.460.860.740.660.560.880.35-0.580.96-0.510.82-0.070.68
0.580.140.620.11-0.40.220.98-0.10.410.350.540.430.70.310.360.020.640.620.47-0.430.74-0.50.450.650.16
0.560.140.750.28-0.43-0.440.180.350.24-0.190.230.0-0.090.240.30.290.030.3-0.1-0.250.59-0.40.84-0.280.29
0.710.620.750.28-0.360.050.620.160.390.160.430.130.360.360.370.250.350.40.38-0.270.79-0.280.860.330.28
0.790.110.280.28-0.690.380.110.910.90.030.860.380.290.930.710.820.350.640.38-0.330.57-0.20.45-0.360.79
-0.8-0.4-0.43-0.36-0.690.0-0.48-0.64-0.80.34-0.81-0.35-0.21-0.67-0.79-0.58-0.52-0.83-0.110.79-0.750.76-0.540.33-0.67
0.250.22-0.440.050.380.00.160.150.380.360.380.280.590.50.230.160.470.210.5-0.050.170.260.00.310.27
0.60.980.180.620.11-0.480.16-0.060.440.170.570.410.610.310.380.050.660.660.39-0.530.77-0.570.470.580.17
0.67-0.10.350.160.91-0.640.15-0.060.77-0.210.740.27-0.050.790.620.850.090.560.14-0.250.46-0.230.37-0.540.74
0.860.410.240.390.9-0.80.380.440.77-0.040.950.360.420.920.760.730.560.770.52-0.520.72-0.380.46-0.130.76
0.040.35-0.190.160.030.340.360.17-0.21-0.040.020.190.620.08-0.03-0.120.06-0.070.530.390.040.270.050.530.01
0.910.540.230.430.86-0.810.380.570.740.950.020.530.450.90.760.720.560.870.47-0.540.81-0.440.5-0.030.73
0.50.430.00.130.38-0.350.280.410.270.360.190.530.510.50.160.150.530.66-0.12-0.310.51-0.290.30.040.12
0.460.7-0.090.360.29-0.210.590.61-0.050.420.620.450.510.510.26-0.080.810.470.45-0.270.5-0.230.340.470.2
0.860.310.240.360.93-0.670.50.310.790.920.080.90.50.510.660.70.590.780.37-0.470.71-0.260.54-0.220.7
0.740.360.30.370.71-0.790.230.380.620.76-0.030.760.160.260.660.530.290.690.43-0.520.65-0.490.49-0.190.94
0.660.020.290.250.82-0.580.160.050.850.73-0.120.720.15-0.080.70.530.020.510.32-0.240.47-0.090.38-0.360.55
0.560.640.030.350.35-0.520.470.660.090.560.060.560.530.810.590.290.020.640.18-0.630.62-0.490.40.220.18
0.880.620.30.40.64-0.830.210.660.560.77-0.070.870.660.470.780.690.510.640.12-0.750.88-0.670.61-0.130.56
0.350.47-0.10.380.38-0.110.50.390.140.520.530.47-0.120.450.370.430.320.180.120.090.280.160.090.540.45
-0.58-0.43-0.25-0.27-0.330.79-0.05-0.53-0.25-0.520.39-0.54-0.31-0.27-0.47-0.52-0.24-0.63-0.750.09-0.640.64-0.460.23-0.3
0.960.740.590.790.57-0.750.170.770.460.720.040.810.510.50.710.650.470.620.880.28-0.64-0.590.860.080.53
-0.51-0.5-0.4-0.28-0.20.760.26-0.57-0.23-0.380.27-0.44-0.29-0.23-0.26-0.49-0.09-0.49-0.670.160.64-0.59-0.430.15-0.34
0.820.450.840.860.45-0.540.00.470.370.460.050.50.30.340.540.490.380.40.610.09-0.460.86-0.43-0.10.4
-0.070.65-0.280.33-0.360.330.310.58-0.54-0.130.53-0.030.040.47-0.22-0.19-0.360.22-0.130.540.230.080.15-0.1-0.28
0.680.160.290.280.79-0.670.270.170.740.760.010.730.120.20.70.940.550.180.560.45-0.30.53-0.340.4-0.28
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Energy Of Account Relationship Matchups

Energy Of fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9B54.1B52.0B53.7B55.0B37.9B
Short Long Term Debt Total15.1B15.2B11.6B10.9B10.3B11.0B
Other Current Liab1.1B2.0B2.4B7.4B4.3B2.7B
Total Current Liabilities8.7B9.7B10.7B11.2B13.1B9.2B
Total Stockholder Equity15.1B17.5B19.5B21.8B22.8B13.6B
Property Plant And Equipment Net2.7B2.6B2.6B2.7B3.7B6.1B
Current Deferred Revenue2.8B3.2B4.0B3.0B3.5B2.2B
Net Debt14.5B13.6B10.8B9.5B8.7B9.5B
Retained Earnings7.9B6.7B7.3B10.4B11.3B5.9B
Accounts Payable2.1B2.4B2.7B2.8B3.0B1.6B
Cash536M1.7B825M1.4B1.5B1.5B
Non Current Assets Total39.8B38.6B39.1B40.2B43.1B28.7B
Non Currrent Assets Other10.9B11.8B10.6B9.5B1.8B1.7B
Cash And Short Term Investments2.4B5.3B4.1B4.2B2.3B2.9B
Net Receivables5.6B7.7B8.0B8.3B8.1B4.0B
Common Stock Shares Outstanding2.3B2.2B2.2B2.2B2.9B1.9B
Short Term Investments1.8B3.6B3.2B2.8B774.0M735.3M
Liabilities And Stockholders Equity49.9B54.1B52.0B53.7B55.0B37.9B
Non Current Liabilities Total26.1B26.9B21.9B20.7B17.3B15.0B
Other Current Assets596M631M862M889M1.5B996.3M
Other Stockholder Equity(7.9B)(6.7B)(9.5B)(1.9B)(1.4M)(1.4M)
Total Liab34.9B36.6B32.6B31.9B30.3B24.2B
Property Plant And Equipment Gross2.7B2.6B7.9B2.7B9.1B6.5B
Total Current Assets10.1B15.5B12.9B13.5B11.9B9.2B
Accumulated Other Comprehensive Income7.8B9.9B13.2B2.3B478.3M454.3M
Short Term Debt2.8B2.1B1.5B1.0B2.7B2.9B
Inventory39M1.8B(1.7B)(1.7B)(1.1B)(1.1B)
Intangible Assets11.6B11.8B13.0B14.6B15.2B8.4B
Other Liab7.9B13.9B13.8B11.8B13.6B9.4B
Net Tangible Assets(1.1B)(588.2M)1.9B1.5B1.4B1.4B
Other Assets(1M)11.8B11.9B12.0B13.8B14.4B
Long Term Debt12.0B13.0B9.9B9.6B7.2B11.1B
Long Term Investments5.4B6.2B10.4B10.2B10.4B10.5B
Short Long Term Debt2.7B2.1B1.5B955M2.6B2.6B
Property Plant Equipment2.7B2.7B2.6B2.6B2.4B2.9B
Capital Lease Obligations288M227M244M354M433M454.7M

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Please note, there is a significant difference between Energy Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Of'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.