AES Total Other Income Expense Net vs Operating Income Analysis

AES Stock  USD 17.21  0.08  0.47%   
AES financial indicator trend analysis is way more than just evaluating AES prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES is a good investment. Please check the relationship between AES Total Other Income Expense Net and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The AES. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Total Other Income Expense Net vs Operating Income

Total Other Income Expense Net vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AES Total Other Income Expense Net account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AES's Total Other Income Expense Net and Operating Income is -0.5. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Operating Income in the same time period over historical financial statements of The AES, assuming nothing else is changed. The correlation between historical values of AES's Total Other Income Expense Net and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of The AES are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Other Income Expense Net i.e., AES's Total Other Income Expense Net and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Other Income Expense Net

Operating Income

Operating Income is the amount of profit realized from AES operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of The AES is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from AES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in The AES. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Discontinued Operations is likely to gain to about 3.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 208.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.5B5.0B3.7B
Total Revenue11.1B12.6B12.7B10.1B

AES fundamental ratios Correlations

0.970.920.250.870.830.950.91-0.020.850.820.970.840.810.820.940.960.80.60.890.970.810.910.520.940.74
0.970.960.370.930.830.980.95-0.060.880.891.00.830.870.790.930.970.850.750.820.990.880.930.620.930.69
0.920.960.430.880.670.981.0-0.270.80.80.970.830.740.660.970.980.840.760.710.980.930.830.630.970.63
0.250.370.430.380.110.410.42-0.390.370.440.380.040.320.160.320.420.410.480.070.420.550.310.490.330.33
0.870.930.880.380.830.920.860.020.920.930.920.690.870.740.790.840.780.820.720.910.840.90.730.790.49
0.830.830.670.110.830.770.640.370.830.870.810.570.90.810.640.710.620.60.810.760.590.860.550.640.54
0.950.980.980.410.920.770.97-0.110.870.870.990.770.80.730.950.960.790.750.760.980.90.860.640.950.67
0.910.951.00.420.860.640.97-0.290.770.770.970.840.710.630.970.970.830.750.690.970.930.810.610.970.62
-0.02-0.06-0.27-0.390.020.37-0.11-0.290.150.14-0.09-0.140.230.33-0.27-0.2-0.14-0.010.11-0.15-0.280.09-0.19-0.27-0.09
0.850.880.80.370.920.830.870.770.150.960.860.590.910.870.730.790.790.70.790.850.730.910.580.730.5
0.820.890.80.440.930.870.870.770.140.960.870.560.940.810.70.80.770.760.740.860.750.890.690.70.53
0.971.00.970.380.920.810.990.97-0.090.860.870.820.830.750.950.980.820.750.790.990.90.890.630.950.7
0.840.830.830.040.690.570.770.84-0.140.590.560.820.630.670.850.860.780.570.750.840.710.770.330.850.63
0.810.870.740.320.870.90.80.710.230.910.940.830.630.860.640.770.790.710.790.820.650.940.550.640.53
0.820.790.660.160.740.810.730.630.330.870.810.750.670.860.650.730.730.520.920.750.510.90.410.650.6
0.940.930.970.320.790.640.950.97-0.270.730.70.950.850.640.650.970.760.610.760.950.870.780.51.00.73
0.960.970.980.420.840.710.960.97-0.20.790.80.980.860.770.730.970.860.680.780.990.90.870.540.970.74
0.80.850.840.410.780.620.790.83-0.140.790.770.820.780.790.730.760.860.720.670.870.830.880.430.760.46
0.60.750.760.480.820.60.750.75-0.010.70.760.750.570.710.520.610.680.720.40.740.820.660.720.610.28
0.890.820.710.070.720.810.760.690.110.790.740.790.750.790.920.760.780.670.40.790.510.880.420.760.72
0.970.990.980.420.910.760.980.97-0.150.850.860.990.840.820.750.950.990.870.740.790.910.910.610.950.7
0.810.880.930.550.840.590.90.93-0.280.730.750.90.710.650.510.870.90.830.820.510.910.730.590.870.54
0.910.930.830.310.90.860.860.810.090.910.890.890.770.940.90.780.870.880.660.880.910.730.530.780.59
0.520.620.630.490.730.550.640.61-0.190.580.690.630.330.550.410.50.540.430.720.420.610.590.530.510.29
0.940.930.970.330.790.640.950.97-0.270.730.70.950.850.640.651.00.970.760.610.760.950.870.780.510.73
0.740.690.630.330.490.540.670.62-0.090.50.530.70.630.530.60.730.740.460.280.720.70.540.590.290.73
Click cells to compare fundamentals

AES Account Relationship Matchups

AES fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding664.6M667M668M666M712M613.7M
Total Assets33.6B34.6B33.0B38.4B44.8B33.3B
Short Long Term Debt Total20.2B19.9B18.7B23.5B27.1B18.8B
Other Current Liab442M2.3B2.1B3.0B3.3B3.4B
Total Current Liabilities5.1B5.4B4.7B6.5B9.7B5.7B
Total Stockholder Equity3.0B2.6B2.8B2.4B4.0B3.2B
Property Plant And Equipment Net22.6B22.8B19.9B23.0B30.3B20.6B
Net Debt19.1B18.8B17.8B22.1B25.3B17.5B
Retained Earnings(692M)(680M)(1.1B)(1.6B)(1.4B)(1.3B)
Accounts Payable1.3B1.2B1.2B1.7B2.2B1.3B
Cash1.0B1.1B943M1.4B1.8B1.4B
Non Current Assets Total28.4B29.2B27.6B30.7B38.2B27.3B
Non Currrent Assets Other3.2B3.4B3.6B4.2B3.5B2.9B
Cash And Short Term Investments1.4B1.4B1.2B2.1B2.2B1.9B
Net Receivables1.5B1.3B1.4B1.8B1.4B1.7B
Liabilities And Stockholders Equity33.6B34.6B33.0B38.4B44.8B33.3B
Non Current Liabilities Total23.3B24.5B23.7B27.4B27.6B22.3B
Inventory487M461M604M1.1B712M545.2M
Other Current Assets802M726M897M1.5B2.3B1.3B
Other Stockholder Equity5.0B4.8B5.3B4.9B4.5B5.7B
Total Liab28.4B29.9B28.4B33.9B37.4B28.0B
Property Plant And Equipment Gross22.6B22.8B28.4B31.7B38.6B21.5B
Total Current Assets5.2B5.4B5.4B7.6B6.6B6.0B
Accumulated Other Comprehensive Income(2.2B)(2.4B)(2.2B)(1.6B)(1.5B)(1.6B)
Short Term Debt1.9B1.4B1.4B1.8B4.2B4.4B
Other Liab4.7B6.1B6.3B3.9B4.5B5.3B
Current Deferred Revenue1.5B438M85M103M92.7M88.1M
Other Assets3.1B4.5B4.0B3.5B3.1B3.1B
Long Term Debt18.3B18.5B17.3B21.7B22.7B20.0B
Short Term Investments400M335M232M730M395M595.5M
Intangible Assets469M827M1.5B1.8B2.2B2.4B
Property Plant Equipment22.6B22.8B19.9B23.0B26.5B23.9B
Treasury Stock(1.9B)(1.9B)(1.8B)(1.8B)(1.6B)(1.7B)
Net Tangible Assets2.4B3.5B(654M)2.9B2.6B2.3B
Noncontrolling Interest In Consolidated Entity2.2B2.1B1.8B2.1B1.9B2.3B
Retained Earnings Total Equity(692M)(680M)(1.1B)(1.6B)(1.5B)(1.4B)

Pair Trading with AES

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 AES 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 AES will appreciate offsetting losses from the drop in the long position's value.

Moving together with AES Stock

  0.79ALE Allete Inc Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to AES could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AES 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 AES - 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 The AES to buy it.
The correlation of AES 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 AES moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AES 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 AES 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.
Pair CorrelationCorrelation Matching
When determining whether AES is a strong investment it is important to analyze AES's 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 AES's future performance. For an informed investment choice regarding AES Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The AES. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the AES information on this page should be used as a complementary analysis to other AES's 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running AES's price analysis, check to measure AES'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 AES is operating at the current time. Most of AES's value examination focuses on studying past and present price action to predict the probability of AES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AES's price. Additionally, you may evaluate how the addition of AES to your portfolios can decrease your overall portfolio volatility.
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Is AES'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 AES. If investors know AES 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 AES 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
(0.46)
Dividend Share
0.67
Earnings Share
0.34
Revenue Per Share
18.936
Quarterly Revenue Growth
(0.03)
The market value of AES is measured differently than its book value, which is the value of AES that is recorded on the company's balance sheet. Investors also form their own opinion of AES's value that differs from its market value or its book value, called intrinsic value, which is AES'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 AES's market value can be influenced by many factors that don't directly affect AES'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 AES's value and its price as these two are different measures arrived at by different means. Investors typically determine if AES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AES'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.