Companhia Income Statement Research
ELP Stock | USD 7.72 0.16 2.03% |
Companhia |
Most accounts from Companhia Paranaense's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 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 Companhia Paranaense Valuation and Companhia Paranaense Correlation analysis. At this time, Companhia Paranaense's Depreciation And Amortization is relatively stable compared to the past year. As of 03/29/2024, Interest Expense is likely to grow to about 1.9 B, while Other Operating Expenses is likely to drop slightly above 9.2 B.
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 income statement Correlations
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Companhia Paranaense Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Companhia Paranaense income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 1.2B | 973.4M | 16.6M | 34.6M | 1.8B | 1.9B | |
Total Revenue | 16.2B | 18.6B | 24.0B | 21.9B | 21.5B | 10.9B | |
Gross Profit | 3.1B | 4.1B | 4.9B | 5.0B | 4.6B | 2.9B | |
Operating Income | 2.7B | 5.1B | 3.6B | 987.8M | 3.4B | 1.7B | |
Ebit | 2.7B | 5.1B | 3.6B | 987.8M | 3.4B | 2.1B | |
Ebitda | 3.9B | 7.1B | 4.7B | 2.3B | 4.8B | 2.7B | |
Cost Of Revenue | 13.2B | 14.6B | 19.1B | 16.9B | 16.9B | 17.7B | |
Income Before Tax | 2.7B | 5.1B | 5.1B | 950.2M | 2.2B | 1.7B | |
Net Income | 2.0B | 3.9B | 3.9B | 1.1B | 2.3B | 1.3B | |
Income Tax Expense | 639.3M | 1.3B | 1.3B | (199.1M) | 354.1M | 399.6M | |
Minority Interest | 345.8M | 291.4M | (96.0M) | (37.3M) | (6.8M) | (6.5M) | |
Tax Provision | 639.3M | 1.3B | 1.3B | (199.1M) | (191.7M) | (182.1M) | |
Interest Income | 590.9M | 1.8B | 485.7M | 1.0B | 11.0M | 10.4M | |
Net Interest Income | (458.9M) | 866.3M | (240.2M) | (802.2M) | (950.4M) | (902.9M) |
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 Paranaense 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 Paranaense's short interest history, or implied volatility extrapolated from Companhia Paranaense options trading.
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
0.71 | MNTK | Montauk Renewables Financial Report 8th of May 2024 | PairCorr |
Moving against Companhia Stock
0.71 | BIP-PB | Brookfield Infrastructure | PairCorr |
0.61 | BIP-PA | Brookfield Infrastructure | 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 Companhia Paranaense Valuation and Companhia Paranaense Correlation analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Companhia Stock analysis
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 0.297 | Dividend Share 0.38 | Earnings Share 0.59 | Revenue Per Share 7.587 | Quarterly Revenue Growth 0.058 |
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.