Centrais Common Stock Shares Outstanding vs Non Currrent Assets Other Analysis

EBR-B Stock  USD 7.97  0.05  0.62%   
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 Common Stock Shares Outstanding and its Non Currrent Assets Other 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Non Currrent Assets Other

Common Stock Shares Outstanding vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrais Elétricas Common Stock Shares Outstanding account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Centrais Elétricas' Common Stock Shares Outstanding and Non Currrent Assets Other is -0.02. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Currrent Assets Other 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' Common Stock Shares Outstanding and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Centrais Eltricas Brasileiras are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Shares Outstanding i.e., Centrais Elétricas' Common Stock Shares Outstanding and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 closely tied 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 Amortization1.4B2.7B3.6B3.8B

Centrais Elétricas fundamental ratios Correlations

0.720.150.360.76-0.27-0.170.46-0.410.60.990.250.860.740.830.910.930.09-0.32-0.530.890.540.760.670.780.95
0.720.280.570.25-0.61-0.620.920.00.210.660.110.590.620.660.630.820.2-0.13-0.280.840.020.740.620.440.62
0.150.280.84-0.16-0.21-0.570.310.29-0.010.040.170.410.01-0.020.030.17-0.030.120.120.33-0.150.540.15-0.04-0.06
0.360.570.84-0.21-0.56-0.640.610.29-0.060.250.080.430.340.270.190.50.21-0.03-0.030.66-0.250.720.420.070.15
0.760.25-0.16-0.210.270.23-0.07-0.690.730.790.270.670.510.610.740.49-0.2-0.21-0.510.380.810.410.420.740.8
-0.27-0.61-0.21-0.560.270.68-0.73-0.350.2-0.18-0.01-0.26-0.43-0.45-0.21-0.51-0.53-0.010.18-0.560.49-0.53-0.36-0.09-0.23
-0.17-0.62-0.57-0.640.230.68-0.66-0.46-0.05-0.070.26-0.24-0.21-0.28-0.17-0.290.11-0.32-0.31-0.390.29-0.51-0.35-0.14-0.09
0.460.920.310.61-0.07-0.73-0.660.13-0.150.380.190.40.530.50.310.650.35-0.15-0.230.7-0.320.650.540.120.32
-0.410.00.290.29-0.69-0.35-0.460.13-0.28-0.43-0.37-0.28-0.44-0.3-0.28-0.180.10.440.39-0.1-0.51-0.21-0.45-0.33-0.38
0.60.21-0.01-0.060.730.2-0.05-0.15-0.280.65-0.310.440.190.370.740.41-0.50.0-0.030.340.920.240.420.930.67
0.990.660.040.250.79-0.18-0.070.38-0.430.650.210.820.680.80.930.910.05-0.37-0.50.850.610.640.630.810.96
0.250.110.170.080.27-0.010.260.19-0.37-0.310.210.550.340.21-0.020.210.46-0.56-0.710.2-0.110.310.1-0.160.12
0.860.590.410.430.67-0.26-0.240.4-0.280.440.820.550.640.710.70.770.1-0.37-0.560.770.390.770.560.60.75
0.740.620.010.340.51-0.43-0.210.53-0.440.190.680.340.640.90.520.710.2-0.38-0.60.690.150.760.760.430.69
0.830.66-0.020.270.61-0.45-0.280.5-0.30.370.80.210.710.90.710.790.13-0.22-0.550.750.260.720.660.570.84
0.910.630.030.190.74-0.21-0.170.31-0.280.740.93-0.020.70.520.710.840.0-0.12-0.340.770.610.560.480.850.96
0.930.820.170.50.49-0.51-0.290.65-0.180.410.910.210.770.710.790.840.29-0.36-0.490.980.290.740.650.660.86
0.090.2-0.030.21-0.2-0.530.110.350.1-0.50.050.460.10.20.130.00.29-0.1-0.620.3-0.510.25-0.15-0.270.06
-0.32-0.130.12-0.03-0.21-0.01-0.32-0.150.440.0-0.37-0.56-0.37-0.38-0.22-0.12-0.36-0.10.36-0.32-0.2-0.05-0.49-0.19-0.22
-0.53-0.280.12-0.03-0.510.18-0.31-0.230.39-0.03-0.5-0.71-0.56-0.6-0.55-0.34-0.49-0.620.36-0.44-0.14-0.49-0.27-0.23-0.52
0.890.840.330.660.38-0.56-0.390.7-0.10.340.850.20.770.690.750.770.980.3-0.32-0.440.20.80.660.590.78
0.540.02-0.15-0.250.810.490.29-0.32-0.510.920.61-0.110.390.150.260.610.29-0.51-0.2-0.140.20.080.350.820.59
0.760.740.540.720.41-0.53-0.510.65-0.210.240.640.310.770.760.720.560.740.25-0.05-0.490.80.080.660.420.62
0.670.620.150.420.42-0.36-0.350.54-0.450.420.630.10.560.760.660.480.65-0.15-0.49-0.270.660.350.660.630.55
0.780.44-0.040.070.74-0.09-0.140.12-0.330.930.81-0.160.60.430.570.850.66-0.27-0.19-0.230.590.820.420.630.82
0.950.62-0.060.150.8-0.23-0.090.32-0.380.670.960.120.750.690.840.960.860.06-0.22-0.520.780.590.620.550.82
Click cells to compare fundamentals

Centrais Elétricas Account Relationship Matchups

Centrais Elétricas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets177.5B179.0B188.3B270.2B267.1B184.7B
Short Long Term Debt Total49.6B49.1B46.1B61.1B63.2B47.6B
Other Current Liab13.9B9.7B8.7B12.1B10.5B13.5B
Total Current Liabilities25.6B26.4B22.7B26.3B27.2B26.0B
Total Stockholder Equity70.9B73.5B76.1B110.5B105.3B77.5B
Property Plant And Equipment Net33.3B32.7B33.4B34.7B35.8B35.9B
Current Deferred Revenue683.6M1.1B1.5B1.7B138.7M131.8M
Net Debt49.3B48.8B45.9B49.7B49.7B41.8B
Accounts Payable3.1B3.9B4.0B3.5B3.0B5.6B
Cash335.3M286.6M192.7M11.4B13.5B14.2B
Non Current Assets Total136.7B133.8B147.9B220.6B219.2B145.6B
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 Outstanding1.4B1.3B1.3B2.3B2.3B1.5B
Liabilities And Stockholders Equity177.5B179.0B188.3B270.2B267.1B184.6B
Non Current Liabilities Total80.4B78.8B89.1B132.9B126.9B80.4B
Inventory1.0B938.3M1.1B1.3B426.7M405.4M
Other Current Assets2.1B1.9B2.8B2.3B6.1B4.8B
Other Stockholder Equity(16.3B)(68.0B)(69.9B)(103.6B)1.3B1.3B
Total Liab106.1B105.2B111.9B159.2B154.0B106.4B
Property Plant And Equipment Gross33.3B32.7B40.3B82.4B82.1B86.2B
Total Current Assets40.7B45.2B40.4B49.6B47.9B39.1B
Accumulated Other Comprehensive Income31.8B34.4B37.1B40.8B22.6B27.0B
Short Term Debt7.9B11.7B8.5B9.0B13.5B14.2B
Intangible Assets655.0M651.0M5.0B80.0B81.3B85.3B
Retained Earnings24.1B28.9B30.9B33.9B11.4B15.9B
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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Other Information on Investing in Centrais Stock

Balance Sheet is a snapshot of the financial position of Centrais Elétricas at a specified time, usually calculated after every quarter, six months, or one year. Centrais Elétricas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centrais Elétricas and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Centrais currently owns. An asset can also be divided into two categories, current and non-current.