Centrais Capex To Depreciation vs Days Sales Outstanding Analysis

EBR-B Stock  USD 7.40  0.31  4.02%   
Centrais Elétricas financial indicator trend analysis is way more than just evaluating Centrais Elétricas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrais Elétricas is a good investment. Please check the relationship between Centrais Elétricas Capex To Depreciation and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Centrais Eltricas Brasileiras. 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.

Capex To Depreciation vs Days Sales Outstanding

Capex To Depreciation vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrais Elétricas Capex To Depreciation account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Centrais Elétricas' Capex To Depreciation and Days Sales Outstanding is -0.01. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Centrais Eltricas Brasileiras, assuming nothing else is changed. The correlation between historical values of Centrais Elétricas' Capex To Depreciation 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 Capex To Depreciation of Centrais Eltricas Brasileiras 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 Capex To Depreciation i.e., Centrais Elétricas' Capex To Depreciation and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Days Sales Outstanding

Most indicators from Centrais Elétricas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrais Elétricas 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Centrais Eltricas Brasileiras. 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, Centrais Elétricas' Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 1.2 B, whereas Tax Provision is projected to grow to (373.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense3.2B4.7B6.5B6.8B
Depreciation And Amortization2.1B2.7B3.6B3.8B

Centrais Elétricas fundamental ratios Correlations

0.760.080.30.72-0.29-0.20.51-0.350.590.980.210.830.730.830.930.920.09-0.29-0.310.870.510.730.670.780.95
0.760.340.590.26-0.59-0.620.92-0.020.220.70.130.620.640.680.670.840.2-0.15-0.330.860.040.760.640.450.64
0.080.340.8-0.24-0.28-0.650.390.36-0.07-0.020.090.3-0.06-0.07-0.10.14-0.030.19-0.150.3-0.250.470.11-0.08-0.12
0.30.590.8-0.35-0.65-0.70.680.45-0.150.2-0.030.260.250.20.110.50.25-0.01-0.260.66-0.380.560.370.010.08
0.720.26-0.24-0.350.310.23-0.06-0.720.730.730.270.680.510.60.760.4-0.24-0.13-0.20.270.810.440.40.720.79
-0.29-0.59-0.28-0.650.310.67-0.72-0.40.22-0.21-0.01-0.23-0.42-0.43-0.29-0.55-0.550.050.22-0.620.5-0.49-0.37-0.08-0.21
-0.2-0.62-0.65-0.70.230.67-0.66-0.43-0.05-0.10.26-0.25-0.22-0.28-0.22-0.320.1-0.29-0.04-0.430.29-0.51-0.36-0.14-0.09
0.510.920.390.68-0.06-0.72-0.660.13-0.140.420.220.430.560.510.40.690.36-0.2-0.370.75-0.30.660.560.130.33
-0.35-0.020.360.45-0.72-0.4-0.430.13-0.31-0.33-0.37-0.36-0.43-0.3-0.41-0.060.160.290.180.04-0.52-0.28-0.4-0.32-0.38
0.590.22-0.07-0.150.730.22-0.05-0.14-0.310.63-0.320.450.190.370.620.36-0.520.050.170.290.920.250.410.930.67
0.980.7-0.020.20.73-0.21-0.10.42-0.330.630.170.770.660.790.930.910.05-0.35-0.20.830.580.590.620.80.95
0.210.130.09-0.030.27-0.010.260.22-0.37-0.320.170.530.330.210.110.160.44-0.51-0.440.13-0.130.30.08-0.170.11
0.830.620.30.260.68-0.23-0.250.43-0.360.450.770.530.630.710.760.690.06-0.28-0.320.660.40.770.540.60.75
0.730.64-0.060.250.51-0.42-0.220.56-0.430.190.660.330.630.90.770.670.18-0.33-0.460.640.140.750.760.430.69
0.830.68-0.070.20.6-0.43-0.280.51-0.30.370.790.210.710.90.890.760.11-0.18-0.390.710.260.720.660.570.84
0.930.67-0.10.110.76-0.29-0.220.4-0.410.620.930.110.760.770.890.82-0.01-0.21-0.160.740.510.660.640.780.95
0.920.840.140.50.4-0.55-0.320.69-0.060.360.910.160.690.670.760.820.3-0.36-0.290.980.230.660.630.630.82
0.090.2-0.030.25-0.24-0.550.10.360.16-0.520.050.440.060.180.11-0.010.3-0.11-0.590.32-0.530.21-0.16-0.280.05
-0.29-0.150.19-0.01-0.130.05-0.29-0.20.290.05-0.35-0.51-0.28-0.33-0.18-0.21-0.36-0.11-0.15-0.31-0.130.04-0.47-0.16-0.18
-0.31-0.33-0.15-0.26-0.20.22-0.04-0.370.180.17-0.2-0.44-0.32-0.46-0.39-0.16-0.29-0.59-0.15-0.310.14-0.61-0.130.05-0.24
0.870.860.30.660.27-0.62-0.430.750.040.290.830.130.660.640.710.740.980.32-0.31-0.310.120.70.630.550.73
0.510.04-0.25-0.380.810.50.29-0.3-0.520.920.58-0.130.40.140.260.510.23-0.53-0.130.140.120.090.340.820.59
0.730.760.470.560.44-0.49-0.510.66-0.280.250.590.30.770.750.720.660.660.210.04-0.610.70.090.640.420.61
0.670.640.110.370.4-0.37-0.360.56-0.40.410.620.080.540.760.660.640.63-0.16-0.47-0.130.630.340.640.630.55
0.780.45-0.080.010.72-0.08-0.140.13-0.320.930.8-0.170.60.430.570.780.63-0.28-0.160.050.550.820.420.630.82
0.950.64-0.120.080.79-0.21-0.090.33-0.380.670.950.110.750.690.840.950.820.05-0.18-0.240.730.590.610.550.82
Click cells to compare fundamentals

Centrais Elétricas Account Relationship Matchups

Centrais Elétricas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets177.5B179.0B188.3B270.2B267.1B186.5B
Short Long Term Debt Total49.6B49.1B46.1B61.1B63.2B47.4B
Other Current Liab13.9B9.7B8.7B12.1B10.5B14.0B
Total Current Liabilities25.6B26.4B22.7B26.3B27.2B26.9B
Total Stockholder Equity70.9B73.5B76.1B110.5B105.3B76.7B
Property Plant And Equipment Net33.3B32.7B33.4B34.7B35.8B35.7B
Current Deferred Revenue683.6M1.1B1.5B1.7B138.7M131.8M
Net Debt49.3B48.8B45.9B49.7B49.7B41.6B
Accounts Payable3.1B3.9B4.0B3.5B3.0B5.9B
Cash335.3M286.6M192.7M11.4B13.5B14.2B
Non Current Assets Total136.7B133.8B147.9B220.6B219.2B147.4B
Non Currrent Assets Other66.2B57.3B67.1B67.9B821.3M780.2M
Cash And Short Term Investments16.7B14.3B16.5B23.6B19.4B15.0B
Net Receivables14.0B23.9B16.4B17.1B21.9B12.2B
Common Stock Shares Outstanding1.6B1.6B1.6B2.0B2.3B1.6B
Liabilities And Stockholders Equity177.5B179.0B188.3B270.2B267.1B186.4B
Non Current Liabilities Total80.4B78.8B89.1B132.9B126.9B82.0B
Inventory1.0B938.3M1.1B1.3B426.7M405.4M
Other Current Assets2.1B1.9B2.8B2.3B6.1B4.5B
Other Stockholder Equity(406.1M)(9.4B)(10.5B)(10.8B)1.3B1.6B
Total Liab106.1B105.2B111.9B159.2B154.0B108.9B
Property Plant And Equipment Gross33.3B32.7B40.3B82.4B82.1B86.2B
Total Current Assets40.7B45.2B40.4B49.6B47.9B39.0B
Accumulated Other Comprehensive Income31.8B34.4B37.1B40.8B22.6B26.3B
Short Term Debt7.9B11.7B8.5B9.0B13.5B14.2B
Intangible Assets655.0M651.0M5.0B80.0B81.3B85.3B
Retained Earnings8.2B9.4B10.5B10.8B11.4B7.8B
Short Term Investments16.4B14.0B16.3B12.2B5.9B11.1B
Other Liab39.5B41.4B51.5B80.6B92.7B97.4B
Net Tangible Assets66.1B69.6B68.5B30.5B35.1B31.6B
Other Assets69.8B67.8B78.9B71.5B(1.0)(0.95)
Long Term Debt40.7B36.6B36.9B51.6B49.4B39.4B
Deferred Long Term Liab5.4B5.6B5.6B2.1B2.4B2.3B
Long Term Investments62.4B41.1B41.0B34.4B33.6B46.5B
Short Long Term Debt7.7B11.5B8.3B8.8B13.5B8.1B
Property Plant Equipment33.3B32.7B33.4B34.7B40.0B29.8B
Capital Lease Obligations1.2B1.1B903.5M753.2M216.7M205.9M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Centrais Eltricas Brasileiras. 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.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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