Centrais Ebitda vs Income Before Tax Analysis
EBR Stock | USD 6.22 0.16 2.51% |
Centrais Electricas financial indicator trend analysis is way more than just evaluating Centrais Electricas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrais Electricas is a good investment. Please check the relationship between Centrais Electricas Ebitda and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Centrais Electricas Brasileiras. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Ebitda vs Income Before Tax
Ebitda vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrais Electricas Ebitda account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centrais Electricas' Ebitda and Income Before Tax is 0.76. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Centrais Electricas Brasileiras, assuming nothing else is changed. The correlation between historical values of Centrais Electricas' Ebitda and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Centrais Electricas Brasileiras are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebitda i.e., Centrais Electricas' Ebitda and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebitda
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Centrais Electricas income statement and is an important metric when analyzing Centrais Electricas profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Centrais Electricas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrais Electricas 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 Electricas Brasileiras. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Centrais Electricas' Selling General Administrative is relatively stable compared to the past year. As of 11/10/2024, Discontinued Operations is likely to grow to about 1.2 B, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.2B | 4.7B | 6.5B | 6.8B | Depreciation And Amortization | 1.4B | 2.7B | 3.6B | 3.8B |
Centrais Electricas fundamental ratios Correlations
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Centrais Electricas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centrais Electricas fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 177.5B | 179.0B | 188.3B | 270.2B | 267.1B | 182.9B | |
Short Long Term Debt Total | 49.6B | 49.1B | 46.1B | 61.1B | 63.2B | 45.9B | |
Other Current Liab | 13.9B | 9.7B | 8.7B | 12.1B | 10.5B | 12.7B | |
Total Current Liabilities | 25.6B | 26.4B | 22.7B | 26.3B | 27.2B | 25.3B | |
Total Stockholder Equity | 70.9B | 73.5B | 76.1B | 110.5B | 105.3B | 77.4B | |
Other Liab | 39.5B | 41.4B | 51.5B | 80.6B | 92.7B | 97.4B | |
Property Plant And Equipment Net | 33.3B | 32.7B | 33.4B | 34.7B | 35.8B | 36.9B | |
Current Deferred Revenue | 683.6M | 1.1B | 1.5B | 1.7B | 138.7M | 131.8M | |
Net Debt | 49.3B | 48.8B | 45.9B | 49.7B | 49.7B | 39.4B | |
Accounts Payable | 3.1B | 3.9B | 4.0B | 3.5B | 3.0B | 5.5B | |
Cash | 335.3M | 286.6M | 192.7M | 11.4B | 13.5B | 14.2B | |
Non Current Assets Total | 136.7B | 133.8B | 147.9B | 220.6B | 219.2B | 144.3B | |
Non Currrent Assets Other | 66.2B | 57.3B | 67.1B | 67.9B | 821.3M | 780.2M | |
Other Assets | 69.8B | 67.8B | 78.9B | 15.2B | (1.0) | (0.95) | |
Long Term Debt | 40.2B | 36.6B | 36.9B | 51.6B | 49.4B | 31.5B | |
Cash And Short Term Investments | 16.7B | 14.3B | 16.5B | 23.6B | 19.4B | 15.0B | |
Net Receivables | 14.0B | 23.9B | 16.4B | 17.1B | 21.9B | 12.0B | |
Common Stock Shares Outstanding | 1.6B | 1.6B | 1.6B | 2.0B | 2.3B | 1.6B | |
Short Term Investments | 16.4B | 14.0B | 16.3B | 12.2B | 5.9B | 8.6B | |
Liabilities And Stockholders Equity | 177.5B | 179.0B | 188.3B | 270.2B | 267.1B | 182.8B | |
Non Current Liabilities Total | 80.4B | 78.8B | 89.1B | 132.9B | 126.9B | 79.4B | |
Inventory | 1.0B | 938.3M | 1.1B | 1.3B | 426.7M | 405.4M | |
Other Current Assets | 2.1B | 1.9B | 2.8B | 2.3B | 6.1B | 4.6B | |
Other Stockholder Equity | (406.1M) | (9.4B) | (10.5B) | (10.8B) | 1.3B | 1.2B | |
Total Liab | 106.1B | 105.2B | 111.9B | 159.2B | 154.0B | 104.7B | |
Property Plant And Equipment Gross | 33.3B | 32.7B | 40.3B | 82.4B | 82.1B | 41.2B | |
Total Current Assets | 40.7B | 45.2B | 40.4B | 49.6B | 47.9B | 38.6B | |
Accumulated Other Comprehensive Income | 31.8B | 34.4B | 37.1B | 40.8B | 22.6B | 27.2B | |
Short Term Debt | 7.9B | 11.7B | 8.5B | 9.0B | 13.5B | 14.2B | |
Intangible Assets | 655.0M | 651.0M | 5.0B | 80.0B | 81.3B | 85.3B | |
Property Plant Equipment | 33.3B | 32.7B | 33.4B | 34.7B | 31.3B | 23.6B | |
Retained Earnings | 8.2B | 9.4B | 10.5B | 10.8B | 11.4B | 6.3B | |
Net Tangible Assets | 66.1B | 69.6B | 68.5B | 30.5B | 35.1B | 30.3B | |
Deferred Long Term Liab | 5.4B | 5.6B | 5.6B | 2.1B | 2.4B | 4.5B | |
Long Term Investments | 62.4B | 41.1B | 41.0B | 34.4B | 33.6B | 45.3B | |
Short Long Term Debt | 7.7B | 11.5B | 8.3B | 8.8B | 13.5B | 7.9B | |
Long Term Debt Total | 41.2B | 36.4B | 36.5B | 52.1B | 59.9B | 41.1B |
Pair Trading with Centrais Electricas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centrais Electricas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centrais Electricas will appreciate offsetting losses from the drop in the long position's value.Moving together with Centrais Stock
Moving against Centrais Stock
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The ability to find closely correlated positions to Centrais Electricas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centrais Electricas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centrais Electricas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centrais Electricas Brasileiras to buy it.
The correlation of Centrais Electricas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centrais Electricas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centrais Electricas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Centrais Electricas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Centrais Stock Analysis
When running Centrais Electricas' price analysis, check to measure Centrais Electricas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centrais Electricas is operating at the current time. Most of Centrais Electricas' value examination focuses on studying past and present price action to predict the probability of Centrais Electricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Electricas' price. Additionally, you may evaluate how the addition of Centrais Electricas to your portfolios can decrease your overall portfolio volatility.