Companhia Net Receivables vs Long Term Debt Total Analysis
ELP Stock | USD 7.54 0.05 0.67% |
Companhia Paranaense financial indicator trend analysis is way more than just evaluating Companhia Paranaense prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia Paranaense is a good investment. Please check the relationship between Companhia Paranaense Net Receivables and its Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Companhia Paranaense de. 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 economic analysis.
Net Receivables vs Long Term Debt Total
Net Receivables vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Paranaense Net Receivables account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Companhia Paranaense's Net Receivables and Long Term Debt Total is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Companhia Paranaense de, assuming nothing else is changed. The correlation between historical values of Companhia Paranaense's Net Receivables and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Companhia Paranaense de are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Receivables i.e., Companhia Paranaense's Net Receivables and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Long Term Debt Total
Most indicators from Companhia Paranaense's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Companhia Paranaense 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 Companhia Paranaense de. 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 economic analysis. At this time, Companhia Paranaense's Discontinued Operations is relatively stable compared to the past year. As of 05/16/2024, Issuance Of Capital Stock is likely to grow to about 2.1 B, while Sales General And Administrative To Revenue is likely to drop 0.04.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.9B | 5.0B | 4.6B | 2.9B | Total Revenue | 24.0B | 21.9B | 21.5B | 10.9B |
Companhia Paranaense fundamental ratios Correlations
Click cells to compare fundamentals
Companhia Paranaense Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Companhia Paranaense fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.3B | 46.8B | 49.5B | 49.7B | 55.8B | 58.6B | |
Short Long Term Debt Total | 11.7B | 10.1B | 12.0B | 12.7B | 15.2B | 16.0B | |
Other Current Liab | 2.1B | 4.6B | 2.3B | 3.3B | 4.6B | 4.8B | |
Total Current Liabilities | 5.3B | 9.7B | 8.0B | 7.2B | 9.3B | 9.8B | |
Total Stockholder Equity | 17.3B | 20.0B | 21.8B | 20.8B | 23.9B | 12.6B | |
Property Plant And Equipment Net | 10.7B | 9.6B | 10.3B | 10.3B | 11.1B | 8.7B | |
Net Debt | 8.7B | 6.9B | 8.6B | 10.0B | 9.6B | 10.1B | |
Retained Earnings | 4.8B | 6.1B | 7.8B | 7.9B | 9.1B | 4.8B | |
Accounts Payable | 1.8B | 2.4B | 2.7B | 2.2B | 2.2B | 1.2B | |
Cash | 2.9B | 3.2B | 3.5B | 2.7B | 5.6B | 5.9B | |
Non Current Assets Total | 30.4B | 35.4B | 38.3B | 40.4B | 42.1B | 44.2B | |
Non Currrent Assets Other | 9.4B | 14.4B | 14.0B | 14.2B | 2.3B | 2.2B | |
Cash And Short Term Investments | 3.3B | 3.4B | 3.9B | 2.9B | 5.6B | 5.9B | |
Net Receivables | 4.2B | 7.5B | 7.1B | 6.2B | 6.4B | 6.7B | |
Liabilities And Stockholders Equity | 38.3B | 46.8B | 49.5B | 49.7B | 55.8B | 58.6B | |
Non Current Liabilities Total | 15.4B | 16.9B | 19.4B | 21.4B | 21.5B | 22.6B | |
Inventory | 130.4M | 162.8M | 197.8M | 194.9M | 174.7M | 102.4M | |
Other Current Assets | 219.2M | 287.8M | 53.8M | 60.2M | 1.5B | 1.6B | |
Other Stockholder Equity | 591.9M | 353.3M | 426.2M | (7.3B) | (6.6B) | (6.3B) | |
Total Liab | 20.7B | 26.5B | 27.4B | 28.6B | 30.8B | 32.4B | |
Total Current Assets | 7.9B | 11.4B | 11.2B | 9.3B | 13.7B | 14.4B | |
Short Term Debt | 1.5B | 2.6B | 2.8B | 1.7B | 2.0B | 1.2B | |
Other Liab | 4.6B | 5.2B | 9.4B | 10.1B | 11.6B | 12.2B | |
Other Assets | 10.6B | 15.8B | 15.4B | 2.3B | 2.6B | 4.1B | |
Long Term Debt | 10.2B | 7.3B | 9.1B | 10.8B | 13.1B | 13.7B | |
Intangible Assets | 6.3B | 6.9B | 9.2B | 10.3B | 11.2B | 11.7B | |
Property Plant Equipment | 10.7B | 9.6B | 10.3B | 7.1B | 8.1B | 5.6B | |
Current Deferred Revenue | 28.5M | 33.7M | 198.4M | 597.1M | 686.7M | 721.0M | |
Property Plant And Equipment Gross | 10.7B | 9.6B | 20.1B | 20.6B | 21.2B | 22.2B | |
Accumulated Other Comprehensive Income | 1.0B | 2.7B | 2.8B | 9.4B | 1.9B | 1.2B | |
Short Term Investments | 358.7M | 174.9M | 399.9M | 190.8M | 4.8M | 4.5M | |
Net Tangible Assets | 10.0B | 10.9B | 13.0B | 12.6B | 14.5B | 9.3B | |
Deferred Long Term Liab | 1.5B | 1.2B | 1.3B | 383.7M | 441.3M | 419.2M | |
Long Term Investments | 2.9B | 3.2B | 3.8B | 4.0B | 4.0B | 2.8B | |
Short Long Term Debt | 1.4B | 2.6B | 2.7B | 1.6B | 1.9B | 1.7B | |
Long Term Debt Total | 10.2B | 7.4B | 9.3B | 11.0B | 12.7B | 8.2B | |
Capital Lease Obligations | 96.6M | 138.4M | 212.7M | 273.8M | 270.4M | 284.0M |
Pair Trading with Companhia Paranaense
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 Companhia Paranaense 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 Companhia Paranaense will appreciate offsetting losses from the drop in the long position's value.Moving together with Companhia Stock
0.98 | ELPC | Companhia Paranaense | PairCorr |
Moving against Companhia Stock
0.73 | D | Dominion Energy | PairCorr |
0.7 | NI | NiSource | PairCorr |
0.68 | SO | Southern | PairCorr |
0.64 | ED | Consolidated Edison | PairCorr |
0.58 | AVA | Avista | PairCorr |
The ability to find closely correlated positions to Companhia Paranaense could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Companhia Paranaense 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 Companhia Paranaense - 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 Companhia Paranaense de to buy it.
The correlation of Companhia Paranaense 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 Companhia Paranaense moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Paranaense 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 Companhia Paranaense 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Companhia Paranaense de. 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 economic analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Companhia Paranaense's price analysis, check to measure Companhia Paranaense's 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 Companhia Paranaense is operating at the current time. Most of Companhia Paranaense's value examination focuses on studying past and present price action to predict the probability of Companhia Paranaense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Paranaense's price. Additionally, you may evaluate how the addition of Companhia Paranaense to your portfolios can decrease your overall portfolio volatility.
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Is Companhia Paranaense's 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 Companhia Paranaense. If investors know Companhia 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 Companhia Paranaense 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 (0.22) | Dividend Share 0.38 | Earnings Share 0.58 | Revenue Per Share 7.478 | Quarterly Revenue Growth 0.028 |
The market value of Companhia Paranaense is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Paranaense's value that differs from its market value or its book value, called intrinsic value, which is Companhia Paranaense's 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 Companhia Paranaense's market value can be influenced by many factors that don't directly affect Companhia Paranaense's 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 Companhia Paranaense's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Paranaense is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Paranaense'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.