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 Direction | Negative |
Relationship Strength | Insignificant |
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 Expense | 1.7B | 2.5B | 1.0B | 1.2B | Depreciation And Amortization | 1.0B | 1.8B | 1.3B | 967.8M |
Energy Of fundamental ratios Correlations
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Energy Of Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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