Companhia Historical Income Statement

CIG Stock  USD 2.59  0.21  8.82%   
Historical analysis of Companhia Energetica income statement accounts such as Interest Expense of 1.2 B, Selling General Administrative of 849 M or Total Revenue of 38.7 B can show how well Companhia Energetica de performed in making a profits. Evaluating Companhia Energetica income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Companhia Energetica's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Companhia Energetica latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Companhia Energetica is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energetica 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 gross domestic product.

About Companhia Income Statement Analysis

Companhia Energetica Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Companhia Energetica shareholders. The income statement also shows Companhia investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Companhia Energetica Income Statement Chart

Companhia Energetica de Income Statement is one of the three primary financial statements used for reporting Companhia's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Companhia Energetica revenue and expense. Companhia Energetica Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Companhia Energetica's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Companhia Energetica's current Cost Of Revenue is estimated to increase to about 30.7 B, while Interest Expense is projected to decrease to roughly 1.2 B.

Total Revenue

Total revenue comprises all receipts Companhia Energetica generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Companhia Energetica de minus its cost of goods sold. It is profit before Companhia Energetica 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Companhia Energetica. It is also known as Companhia Energetica overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Companhia Energetica's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Companhia Energetica current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Companhia Energetica 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 gross domestic product.
At this time, Companhia Energetica's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Companhia Energetica's current Cost Of Revenue is estimated to increase to about 30.7 B, while Interest Expense is projected to decrease to roughly 1.2 B.
 2021 2022 2023 2024 (projected)
Interest Expense1.7B2.5B1.3B1.2B
Depreciation And Amortization1.0B1.8B1.3B967.8M

Companhia Energetica income statement Correlations

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0.51-0.150.370.090.390.260.450.480.42-0.02-0.05-0.38-0.12-0.20.10.17-0.29-0.070.35-0.340.06-0.150.1
0.3-0.15-0.250.0-0.24-0.27-0.2-0.13-0.290.34-0.1-0.050.06-0.520.26-0.510.34-0.16-0.34-0.19-0.14-0.360.04
0.670.37-0.250.650.990.660.60.660.99-0.230.69-0.470.720.17-0.43-0.270.49-0.040.56-0.46-0.67-0.190.81
0.650.090.00.650.590.870.780.810.530.030.79-0.310.830.46-0.48-0.30.64-0.280.02-0.09-0.56-0.20.68
0.660.39-0.240.990.590.620.550.620.99-0.210.63-0.510.660.13-0.39-0.260.450.00.62-0.45-0.68-0.130.8
0.640.26-0.270.660.870.620.890.90.590.010.75-0.170.640.58-0.66-0.010.39-0.250.020.03-0.45-0.130.63
0.630.45-0.20.60.780.550.890.990.540.040.74-0.10.620.54-0.37-0.040.31-0.260.0-0.05-0.3-0.180.49
0.720.48-0.130.660.810.620.90.990.590.030.75-0.180.660.46-0.39-0.10.37-0.260.05-0.13-0.38-0.220.57
0.630.42-0.290.990.530.990.590.540.59-0.270.6-0.480.620.1-0.39-0.220.40.020.64-0.49-0.62-0.160.77
-0.03-0.020.34-0.230.03-0.210.010.040.03-0.270.090.21-0.10.150.180.18-0.03-0.41-0.530.39-0.190.22-0.15
0.45-0.05-0.10.690.790.630.750.740.750.60.090.080.910.61-0.56-0.290.66-0.25-0.1-0.08-0.65-0.180.61
-0.53-0.38-0.05-0.47-0.31-0.51-0.17-0.1-0.18-0.480.210.08-0.160.4-0.080.28-0.30.07-0.680.340.230.04-0.48
0.55-0.120.060.720.830.660.640.620.660.62-0.10.91-0.160.37-0.44-0.490.83-0.170.1-0.28-0.7-0.250.72
-0.13-0.2-0.520.170.460.130.580.540.460.10.150.610.40.37-0.380.170.08-0.11-0.240.59-0.190.450.02
-0.340.10.26-0.43-0.48-0.39-0.66-0.37-0.39-0.390.18-0.56-0.08-0.44-0.380.03-0.390.190.16-0.030.370.25-0.47
-0.350.17-0.51-0.27-0.3-0.26-0.01-0.04-0.1-0.220.18-0.290.28-0.490.170.03-0.76-0.04-0.080.160.390.21-0.36
0.51-0.290.340.490.640.450.390.310.370.4-0.030.66-0.30.830.08-0.39-0.76-0.230.01-0.21-0.68-0.270.71
-0.13-0.07-0.16-0.04-0.280.0-0.25-0.26-0.260.02-0.41-0.250.07-0.17-0.110.19-0.04-0.230.34-0.040.030.24-0.19
0.280.35-0.340.560.020.620.020.00.050.64-0.53-0.1-0.680.1-0.240.16-0.080.010.34-0.44-0.250.210.4
-0.45-0.34-0.19-0.46-0.09-0.450.03-0.05-0.13-0.490.39-0.080.34-0.280.59-0.030.16-0.21-0.04-0.440.240.67-0.51
-0.590.06-0.14-0.67-0.56-0.68-0.45-0.3-0.38-0.62-0.19-0.650.23-0.7-0.190.370.39-0.680.03-0.250.24-0.09-0.75
-0.34-0.15-0.36-0.19-0.2-0.13-0.13-0.18-0.22-0.160.22-0.180.04-0.250.450.250.21-0.270.240.210.67-0.09-0.33
0.730.10.040.810.680.80.630.490.570.77-0.150.61-0.480.720.02-0.47-0.360.71-0.190.4-0.51-0.75-0.33
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Companhia Energetica Account Relationship Matchups

Companhia Energetica income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization958M989M1.0B1.8B1.3B967.8M
Interest Expense1.3B1.2B1.7B2.5B1.3B1.2B
Selling General Administrative642M583M572M1.4B707.4M849.0M
Total Revenue25.4B25.2B33.6B34.5B36.8B38.7B
Gross Profit5.8B5.4B6.7B6.8B7.6B5.8B
Other Operating Expenses22.5B20.9B28.0B29.5B30.2B31.7B
Operating Income4.9B4.9B6.0B5.7B6.7B3.4B
Ebit4.9B4.9B6.0B5.7B6.7B4.1B
Ebitda5.8B5.9B7.0B7.5B7.9B5.3B
Cost Of Revenue19.6B19.8B26.9B27.7B29.2B30.7B
Total Operating Expenses2.9B1.1B1.1B1.9B957.0M1.5B
Income Before Tax4.5B3.8B4.7B4.1B6.4B6.7B
Total Other Income Expense Net(387M)(1.1B)(1.3B)(1.6B)(233.2M)(244.8M)
Net Income Applicable To Common Shares3.1B2.9B3.8B4.1B4.7B4.9B
Net Income3.1B2.9B3.8B4.1B5.8B6.1B
Income Tax Expense1.6B936M946M26M1.1B709.4M
Selling And Marketing Expenses238M147M144M149.1M134.2M173.4M
Research Development40.7M42.8M34.2M34.6M37.5M32.3M
Net Income From Continuing Ops2.9B2.9B3.8B4.1B4.7B4.9B
Minority Interest1.4B4.3M4.7M(2M)(2.3M)(2.2M)
Tax Provision1.6B935.7M945.3M26.2M30.1M28.6M
Interest Income365.6M1.1B1.3B416.1M374.4M355.7M
Net Interest Income601M(964M)(1.6B)(2.0B)(1.8B)(1.7B)
Reconciled Depreciation958M989M1.0B1.2B1.4B1.1B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Companhia Energetica in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Companhia Energetica's short interest history, or implied volatility extrapolated from Companhia Energetica options trading.

Pair Trading with Companhia Energetica

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

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The ability to find closely correlated positions to Companhia Energetica 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 Energetica 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 Energetica - 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 Energetica de to buy it.
The correlation of Companhia Energetica 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 Energetica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Energetica 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 Energetica 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 Companhia Energetica is a strong investment it is important to analyze Companhia Energetica'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 Companhia Energetica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energetica 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 gross domestic product.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Companhia Energetica'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 Energetica. 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 Energetica 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
0.341
Dividend Share
1.092
Earnings Share
0.5
Revenue Per Share
12.881
Quarterly Revenue Growth
0.021
The market value of Companhia Energetica 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 Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica'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 Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica'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 Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica'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.