Companhia Fixed Asset Turnover from 2010 to 2024

CIG Stock  USD 1.99  0.08  3.86%   
Companhia Energetica's Fixed Asset Turnover is increasing over the last several years with slightly volatile swings. Fixed Asset Turnover is estimated to finish at 10.59 this year. During the period from 2010 to 2024 Companhia Energetica de Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  60.24 and r-value of  0.95. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.08477531
Current Value
10.59
Quarterly Volatility
4.09013618
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Companhia Energetica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Companhia Energetica's main balance sheet or income statement drivers, such as Depreciation And Amortization of 946.7 M, Interest Expense of 1.1 B or Selling General Administrative of 839.1 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.071 or PTB Ratio of 1.04. Companhia financial statements analysis is a perfect complement when working with Companhia Energetica Valuation or Volatility modules.
  
Check out the analysis of Companhia Energetica Correlation against competitors.

Latest Companhia Energetica's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Companhia Energetica de over the last few years. It is Companhia Energetica's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Companhia Energetica's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Companhia Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.79
Geometric Mean5.03
Coefficient Of Variation60.24
Mean Deviation3.58
Median7.86
Standard Deviation4.09
Sample Variance16.73
Range12.3558
R-Value0.95
Mean Square Error1.67
R-Squared0.91
Slope0.87
Total Sum of Squares234.21

Companhia Fixed Asset Turnover History

2024 10.59
2023 10.08
2022 12.58
2021 12.72
2020 9.63
2019 9.31
2018 8.36

About Companhia Energetica Financial Statements

Companhia Energetica stakeholders use historical fundamental indicators, such as Companhia Energetica's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Companhia Energetica investors may analyze each financial statement separately, they are all interrelated. For example, changes in Companhia Energetica's assets and liabilities are reflected in the revenues and expenses on Companhia Energetica's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Companhia Energetica de. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 10.08  10.59 

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 the analysis of Companhia Energetica Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
Earnings Share
0.36
Revenue Per Share
13.241
Quarterly Revenue Growth
0.07
Return On Assets
0.0838
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.