Companhia Treasury Stock vs Common Stock Analysis

CIG Stock  USD 2.06  0.01  0.48%   
Companhia Energetica financial indicator trend analysis is way more than just evaluating Companhia Energetica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia Energetica is a good investment. Please check the relationship between Companhia Energetica Treasury Stock and its Common Stock accounts. 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Treasury Stock vs Common Stock

Treasury Stock vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Energetica Treasury Stock account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Companhia Energetica's Treasury Stock and Common Stock is -0.65. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Common Stock in the same time period over historical financial statements of Companhia Energetica de, assuming nothing else is changed. The correlation between historical values of Companhia Energetica's Treasury Stock and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Companhia Energetica de are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Treasury Stock i.e., Companhia Energetica's Treasury Stock and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Treasury Stock

Common Stock

Most indicators from Companhia Energetica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 Companhia Energetica de. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Companhia Energetica's Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense1.7B2.5B1.0B1.1B
Depreciation And Amortization1.0B1.2B1.3B946.7M

Companhia Energetica fundamental ratios Correlations

0.730.570.780.810.67-0.87-0.010.740.690.660.320.940.650.340.770.650.87-0.360.9-0.050.35-0.640.970.850.27
0.730.180.720.330.25-0.680.410.990.120.380.410.70.250.110.610.80.55-0.540.730.190.21-0.710.830.590.76
0.570.180.70.370.4-0.41-0.580.20.430.360.040.30.310.280.450.030.32-0.080.35-0.070.16-0.130.570.83-0.18
0.780.720.70.410.22-0.560.040.720.270.370.290.570.210.170.520.530.55-0.360.53-0.060.12-0.450.840.890.51
0.810.330.370.410.73-0.72-0.210.310.910.760.330.880.770.290.510.470.87-0.190.68-0.290.45-0.290.640.51-0.01
0.670.250.40.220.73-0.61-0.280.260.80.790.080.710.920.290.640.250.65-0.070.72-0.20.57-0.280.580.44-0.22
-0.87-0.68-0.41-0.56-0.72-0.610.04-0.7-0.64-0.57-0.09-0.88-0.56-0.22-0.83-0.53-0.730.35-0.880.01-0.210.75-0.84-0.64-0.16
-0.010.41-0.580.04-0.21-0.280.040.39-0.43-0.260.150.05-0.210.080.010.490.07-0.10.110.18-0.11-0.450.09-0.090.56
0.740.990.20.720.310.26-0.70.390.130.360.30.710.250.10.650.750.54-0.510.750.190.16-0.740.840.60.72
0.690.120.430.270.910.8-0.64-0.430.130.690.060.750.770.120.540.170.74-0.040.6-0.280.33-0.160.520.42-0.26
0.660.380.360.370.760.79-0.57-0.260.360.690.310.740.880.230.450.40.67-0.150.57-0.430.71-0.10.550.380.11
0.320.410.040.290.330.08-0.090.150.30.060.310.310.210.26-0.030.680.35-0.370.230.110.46-0.050.290.270.41
0.940.70.30.570.880.71-0.880.050.710.750.740.310.730.240.710.650.9-0.360.9-0.120.4-0.60.860.60.29
0.650.250.310.210.770.92-0.56-0.210.250.770.880.210.730.230.460.310.65-0.160.67-0.30.7-0.180.540.37-0.09
0.340.110.280.170.290.29-0.220.080.10.120.230.260.240.230.370.330.340.20.380.040.32-0.340.330.42-0.28
0.770.610.450.520.510.64-0.830.010.650.540.45-0.030.710.460.370.460.62-0.10.830.170.18-0.720.790.670.04
0.650.80.030.530.470.25-0.530.490.750.170.40.680.650.310.330.460.67-0.520.630.20.36-0.570.670.490.63
0.870.550.320.550.870.65-0.730.070.540.740.670.350.90.650.340.620.67-0.330.79-0.270.22-0.550.780.610.18
-0.36-0.54-0.08-0.36-0.19-0.070.35-0.1-0.51-0.04-0.15-0.37-0.36-0.160.2-0.1-0.52-0.33-0.34-0.01-0.020.39-0.4-0.28-0.57
0.90.730.350.530.680.72-0.880.110.750.60.570.230.90.670.380.830.630.79-0.340.130.33-0.770.910.680.18
-0.050.19-0.07-0.06-0.29-0.20.010.180.19-0.28-0.430.11-0.12-0.30.040.170.2-0.27-0.010.130.03-0.140.060.060.07
0.350.210.160.120.450.57-0.21-0.110.160.330.710.460.40.70.320.180.360.22-0.020.330.030.150.270.180.09
-0.64-0.71-0.13-0.45-0.29-0.280.75-0.45-0.74-0.16-0.1-0.05-0.6-0.18-0.34-0.72-0.57-0.550.39-0.77-0.140.15-0.72-0.55-0.27
0.970.830.570.840.640.58-0.840.090.840.520.550.290.860.540.330.790.670.78-0.40.910.060.27-0.720.890.37
0.850.590.830.890.510.44-0.64-0.090.60.420.380.270.60.370.420.670.490.61-0.280.680.060.18-0.550.890.16
0.270.76-0.180.51-0.01-0.22-0.160.560.72-0.260.110.410.29-0.09-0.280.040.630.18-0.570.180.070.09-0.270.370.16
Click cells to compare fundamentals

Companhia Energetica Account Relationship Matchups

Companhia Energetica fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9B54.1B52.0B53.7B55.0B36.7B
Short Long Term Debt Total15.1B15.2B11.6B10.9B10.3B10.4B
Other Current Liab1.1B4.1B2.4B7.4B6.6B6.9B
Total Current Liabilities8.7B9.7B10.7B11.2B13.1B8.8B
Total Stockholder Equity15.1B17.5B19.5B21.8B24.7B13.5B
Other Liab7.9B13.9B13.8B11.8B13.6B14.3B
Property Plant And Equipment Net2.7B2.6B2.6B2.7B3.7B6.1B
Current Deferred Revenue2.8B3.2B4.0B184K211.6K201.0K
Net Debt14.5B13.6B10.8B9.5B8.7B9.0B
Retained Earnings7.9B6.7B7.3B10.4B11.3B5.7B
Accounts Payable2.1B2.4B2.7B2.8B3.7B3.9B
Cash536M1.7B825M1.4B1.5B1.4B
Non Current Assets Total39.8B38.6B39.1B40.2B43.1B27.8B
Non Currrent Assets Other10.9B11.8B10.6B9.5B13.9B14.6B
Other Assets(1M)11.8B11.9B3.8B4.4B3.9B
Long Term Debt12.0B13.0B9.9B9.6B7.2B6.1B
Cash And Short Term Investments2.4B5.3B4.1B4.2B2.7B2.7B
Net Receivables5.6B5.1B8.0B8.3B6.3B3.7B
Common Stock Shares Outstanding2.3B2.2B2.2B2.2B2.9B2.0B
Liabilities And Stockholders Equity49.9B54.1B52.0B53.7B55.0B36.7B
Non Current Liabilities Total26.1B26.9B21.9B20.7B17.3B14.4B
Inventory39M1.8B(1.7B)1.0(1.1B)(1.1B)
Other Current Assets596M3.3B862M889M2.9B3.1B
Other Stockholder Equity(7.9B)(6.7B)(9.5B)(1.9B)1.9B1.9B
Total Liab34.9B36.6B32.6B31.9B30.3B23.2B
Total Current Assets10.1B15.5B12.9B13.5B11.9B8.9B
Accumulated Other Comprehensive Income7.8B9.9B13.2B2.3B478.3M454.3M
Short Term Debt2.8B2.1B1.5B1.0B2.7B2.5B
Property Plant Equipment2.7B2.6B2.6B2.7B2.5B3.3B
Short Term Investments1.8B3.6B3.2B2.8B1.1B1.7B
Property Plant And Equipment Gross610M2.6B7.9B2.7B9.1B5.9B
Intangible Assets11.6B11.8B13.0B14.6B21.0B22.0B
Net Tangible Assets(1.1B)(588.2M)1.9B1.5B1.4B1.4B
Long Term Investments5.4B6.2B10.4B10.2B10.4B9.0B
Short Long Term Debt2.7B2.1B1.5B955M2.6B2.2B
Long Term Debt Total12.2B13.1B10.1B9.9B11.4B11.3B

Currently Active Assets on Macroaxis

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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Electric Utilities space 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
0.356
Dividend Share
1.092
Earnings Share
0.36
Revenue Per Share
13.241
Quarterly Revenue Growth
0.07
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.