Centrais Eltricas Brasileiras Preferred Stock Debt To Equity
| ELET6 Preferred Stock | BRL 43.03 0.63 1.49% |
Centrais Eltricas Brasileiras fundamentals help investors to digest information that contributes to Centrais Eltricas' financial success or failures. It also enables traders to predict the movement of Centrais Preferred Stock. The fundamental analysis module provides a way to measure Centrais Eltricas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Centrais Eltricas preferred stock.
Centrais |
Centrais Eltricas Brasileiras Company Debt To Equity Analysis
Centrais Eltricas' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Centrais Eltricas Debt To Equity | 97.40 % |
Most of Centrais Eltricas' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Centrais Eltricas Brasileiras is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Centrais Eltricas Brasileiras has a Debt To Equity of 97%. This is 3.48% higher than that of the Electric Utilities sector and 37.08% lower than that of the Utilities industry. The debt to equity for all Brazil preferred stocks is 100.0% lower than that of the firm.
Centrais Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Centrais Eltricas' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Centrais Eltricas could also be used in its relative valuation, which is a method of valuing Centrais Eltricas by comparing valuation metrics of similar companies.Centrais Eltricas is one of the top stocks in debt to equity category among related companies.
Centrais Fundamentals
| Return On Equity | 0.0392 | ||||
| Return On Asset | 0.032 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 141.11 B | ||||
| Shares Outstanding | 275.53 M | ||||
| Shares Owned By Insiders | 6.70 % | ||||
| Shares Owned By Institutions | 56.61 % | ||||
| Price To Earning | 3.75 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 2.45 X | ||||
| Revenue | 37.62 B | ||||
| Gross Profit | 27.39 B | ||||
| EBITDA | 13.47 B | ||||
| Net Income | 5.65 B | ||||
| Cash And Equivalents | 107.05 M | ||||
| Cash Per Share | 5.66 X | ||||
| Total Debt | 36.47 B | ||||
| Debt To Equity | 97.40 % | ||||
| Current Ratio | 1.34 X | ||||
| Book Value Per Share | 48.45 X | ||||
| Cash Flow From Operations | 8.23 B | ||||
| Earnings Per Share | 1.53 X | ||||
| Price To Earnings To Growth | (0.03) X | ||||
| Target Price | 64.92 | ||||
| Number Of Employees | 12.13 K | ||||
| Beta | 0.46 | ||||
| Market Capitalization | 81.47 B | ||||
| Total Asset | 188.3 B | ||||
| Retained Earnings | 9.75 B | ||||
| Working Capital | (4.68 B) | ||||
| Current Asset | 26.7 B | ||||
| Current Liabilities | 31.38 B | ||||
| Z Score | 1.2 | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 188.3 B | ||||
| Last Dividend Paid | 1.49 |
About Centrais Eltricas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Centrais Eltricas Brasileiras's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Centrais Eltricas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Centrais Eltricas Brasileiras based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Centrais Eltricas
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 Eltricas 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 Eltricas will appreciate offsetting losses from the drop in the long position's value.Moving against Centrais Preferred Stock
| 0.86 | H1SB34 | HSBC Holdings plc | PairCorr |
| 0.82 | GSGI34 | Goldman Sachs | PairCorr |
| 0.81 | H1DB34 | HDFC Bank Limited | PairCorr |
| 0.79 | DBAG34 | Deutsche Bank Aktien | PairCorr |
| 0.74 | MSBR34 | Morgan Stanley | PairCorr |
The ability to find closely correlated positions to Centrais Eltricas 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 Eltricas 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 Eltricas - 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 Eltricas Brasileiras to buy it.
The correlation of Centrais Eltricas 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 Eltricas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centrais Eltricas 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 Eltricas 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 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 nation. Note that the Centrais Eltricas information on this page should be used as a complementary analysis to other Centrais Eltricas' 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Centrais Preferred Stock analysis
When running Centrais Eltricas' price analysis, check to measure Centrais Eltricas' 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 Eltricas is operating at the current time. Most of Centrais Eltricas' value examination focuses on studying past and present price action to predict the probability of Centrais Eltricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Eltricas' price. Additionally, you may evaluate how the addition of Centrais Eltricas to your portfolios can decrease your overall portfolio volatility.
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