Centrais Gross Profit vs Income Tax Expense Analysis

EBR Stock  USD 6.68  0.19  2.77%   
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 Gross Profit and its Income Tax Expense 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrais Electricas Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centrais Electricas' Gross Profit and Income Tax Expense is 0.69. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense 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' Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Centrais Electricas Brasileiras are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Centrais Electricas' Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Centrais Electricas Brasileiras minus its cost of goods sold. It is profit before Centrais Electricas operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Tax Expense

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 tightly coupled 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 06/01/2024, 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 Expense3.2B4.7B6.5B6.8B
Depreciation And Amortization2.1B2.7B3.6B3.8B

Centrais Electricas fundamental ratios Correlations

0.760.080.30.720.79-0.29-0.20.51-0.310.590.980.210.00.720.830.730.810.930.260.920.09-0.29-0.310.870.57
0.760.340.590.260.49-0.59-0.620.920.00.220.70.130.030.580.620.640.650.670.410.840.2-0.15-0.330.860.06
0.080.340.8-0.240.05-0.28-0.650.390.21-0.07-0.020.09-0.080.250.3-0.06-0.18-0.10.420.14-0.030.19-0.150.3-0.36
0.30.590.8-0.350.31-0.65-0.70.680.45-0.150.2-0.030.110.550.260.250.190.110.430.50.25-0.01-0.260.66-0.42
0.720.26-0.24-0.350.510.310.23-0.06-0.750.730.730.27-0.120.250.680.510.540.76-0.010.4-0.24-0.13-0.20.270.84
0.790.490.050.310.51-0.3-0.180.32-0.190.60.80.030.070.680.630.60.640.730.250.76-0.09-0.45-0.060.730.36
-0.29-0.59-0.28-0.650.31-0.30.67-0.72-0.50.22-0.21-0.01-0.26-0.4-0.23-0.42-0.49-0.29-0.49-0.55-0.550.050.22-0.620.56
-0.2-0.62-0.65-0.70.23-0.180.67-0.66-0.37-0.05-0.10.260.17-0.14-0.25-0.22-0.22-0.22-0.31-0.320.1-0.29-0.04-0.430.48
0.510.920.390.68-0.060.32-0.72-0.660.16-0.140.420.220.270.50.430.560.510.40.570.690.36-0.2-0.370.75-0.29
-0.310.00.210.45-0.75-0.19-0.5-0.370.16-0.32-0.29-0.46-0.17-0.07-0.44-0.35-0.19-0.36-0.130.020.310.280.110.11-0.57
0.590.22-0.07-0.150.730.60.22-0.05-0.14-0.320.63-0.32-0.610.180.450.190.320.62-0.340.36-0.520.050.170.290.72
0.980.7-0.020.20.730.8-0.21-0.10.42-0.290.630.17-0.050.710.770.660.770.930.160.910.05-0.35-0.20.830.64
0.210.130.09-0.030.270.03-0.010.260.22-0.46-0.320.170.690.310.530.330.120.110.760.160.44-0.51-0.440.130.02
0.00.03-0.080.11-0.120.07-0.260.170.27-0.17-0.61-0.050.690.380.120.430.23-0.020.680.090.54-0.52-0.410.1-0.35
0.720.580.250.550.250.68-0.4-0.140.5-0.070.180.710.310.380.580.610.580.610.420.80.3-0.6-0.220.820.2
0.830.620.30.260.680.63-0.23-0.250.43-0.440.450.770.530.120.580.630.60.760.610.690.06-0.28-0.320.660.37
0.730.64-0.060.250.510.6-0.42-0.220.56-0.350.190.660.330.430.610.630.910.770.450.670.18-0.33-0.460.640.18
0.810.65-0.180.190.540.64-0.49-0.220.51-0.190.320.770.120.230.580.60.910.870.270.780.23-0.18-0.420.720.29
0.930.67-0.10.110.760.73-0.29-0.220.4-0.360.620.930.11-0.020.610.760.770.870.170.82-0.01-0.21-0.160.740.56
0.260.410.420.43-0.010.25-0.49-0.310.57-0.13-0.340.160.760.680.420.610.450.270.170.340.42-0.4-0.40.39-0.4
0.920.840.140.50.40.76-0.55-0.320.690.020.360.910.160.090.80.690.670.780.820.340.3-0.36-0.290.980.3
0.090.2-0.030.25-0.24-0.09-0.550.10.360.31-0.520.050.440.540.30.060.180.23-0.010.420.3-0.11-0.590.32-0.31
-0.29-0.150.19-0.01-0.13-0.450.05-0.29-0.20.280.05-0.35-0.51-0.52-0.6-0.28-0.33-0.18-0.21-0.4-0.36-0.11-0.15-0.31-0.11
-0.31-0.33-0.15-0.26-0.2-0.060.22-0.04-0.370.110.17-0.2-0.44-0.41-0.22-0.32-0.46-0.42-0.16-0.4-0.29-0.59-0.15-0.310.01
0.870.860.30.660.270.73-0.62-0.430.750.110.290.830.130.10.820.660.640.720.740.390.980.32-0.31-0.310.17
0.570.06-0.36-0.420.840.360.560.48-0.29-0.570.720.640.02-0.350.20.370.180.290.56-0.40.3-0.31-0.110.010.17
Click cells to compare fundamentals

Centrais Electricas Account Relationship Matchups

Centrais Electricas 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
Other Liab39.5B41.4B51.5B80.6B92.7B97.4B
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 Payable3.1B3.9B4.0B3.5B3.0B5.8B
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
Other Assets69.8B67.8B78.9B15.2B(1.0)(0.95)
Long Term Debt40.2B36.6B36.9B51.6B49.4B31.5B
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
Short Term Investments16.4B14.0B16.3B12.2B5.9B9.3B
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 Gross33.3B32.7B40.3B82.4B82.1B41.2B
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
Property Plant Equipment33.3B32.7B33.4B34.7B31.3B23.6B
Retained Earnings8.2B9.4B10.5B10.8B11.4B7.8B
Net Tangible Assets66.1B69.6B68.5B30.5B35.1B30.3B
Deferred Long Term Liab5.4B5.6B5.6B2.1B2.4B4.5B
Long Term Investments62.4B41.1B41.0B34.4B33.6B45.3B
Short Long Term Debt7.7B11.5B8.3B8.8B13.5B7.9B
Long Term Debt Total41.2B36.4B36.5B52.1B59.9B41.1B

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When determining whether Centrais Electricas is a strong investment it is important to analyze Centrais Electricas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Centrais Electricas' future performance. For an informed investment choice regarding Centrais Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Centrais Electricas information on this page should be used as a complementary analysis to other Centrais Electricas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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.
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Is Centrais Electricas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centrais Electricas. If investors know Centrais will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centrais Electricas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
1.823
Earnings Share
0.39
Revenue Per Share
16.133
Quarterly Revenue Growth
(0.05)
The market value of Centrais Electricas is measured differently than its book value, which is the value of Centrais that is recorded on the company's balance sheet. Investors also form their own opinion of Centrais Electricas' value that differs from its market value or its book value, called intrinsic value, which is Centrais Electricas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centrais Electricas' market value can be influenced by many factors that don't directly affect Centrais Electricas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centrais Electricas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Centrais Electricas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centrais Electricas' 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.