Energy Property Plant And Equipment Gross vs Current Deferred Revenue Analysis

CIG-C Stock  USD 2.49  0.04  1.63%   
Energy Of financial indicator trend analysis is much more than just examining Energy of Minas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy of Minas is a good investment. Please check the relationship between Energy Of Property Plant And Equipment Gross and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Energy of Minas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Gross vs Current Deferred Revenue

Property Plant And Equipment Gross vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy of Minas Property Plant And Equipment Gross account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Energy Of's Property Plant And Equipment Gross and Current Deferred Revenue is 0.37. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Energy of Minas, assuming nothing else is changed. The correlation between historical values of Energy Of's Property Plant And Equipment Gross and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Energy of Minas are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Gross i.e., Energy Of's Property Plant And Equipment Gross and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Gross

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Energy Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy of Minas 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 Energy of Minas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Energy Of's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.7B2.5B1.0B1.2B
Depreciation And Amortization1.0B1.2B1.3B938.7M

Energy Of fundamental ratios Correlations

0.580.60.710.79-0.80.040.60.540.650.040.910.630.520.710.740.660.640.880.45-0.450.96-0.510.82-0.070.62
0.580.160.620.11-0.40.070.98-0.130.180.350.540.310.680.360.360.020.630.620.490.00.74-0.50.450.650.11
0.60.160.760.3-0.47-0.370.210.240.19-0.210.270.07-0.050.260.340.340.090.36-0.05-0.230.64-0.360.88-0.30.25
0.710.620.760.28-0.360.050.620.050.250.160.430.180.390.410.370.250.380.40.18-0.220.79-0.280.860.330.25
0.790.110.30.28-0.690.190.110.770.790.030.860.670.390.680.710.820.480.640.39-0.590.57-0.20.45-0.360.76
-0.8-0.4-0.47-0.36-0.690.21-0.48-0.5-0.560.34-0.81-0.39-0.24-0.49-0.79-0.58-0.56-0.83-0.280.45-0.750.76-0.540.33-0.59
0.040.07-0.370.050.190.210.00.320.480.380.160.150.250.560.310.140.14-0.110.25-0.5-0.050.37-0.140.370.48
0.60.980.210.620.11-0.480.0-0.110.180.170.570.280.590.350.380.050.640.660.42-0.010.77-0.570.470.580.11
0.54-0.130.240.050.77-0.50.32-0.110.88-0.110.60.580.110.790.730.60.320.490.3-0.680.36-0.080.3-0.50.86
0.650.180.190.250.79-0.560.480.180.880.030.740.490.320.910.850.550.50.540.39-0.80.49-0.180.32-0.20.95
0.040.35-0.210.160.030.340.380.17-0.110.030.020.250.650.15-0.03-0.120.11-0.070.470.080.040.270.050.530.02
0.910.540.270.430.86-0.810.160.570.60.740.020.720.520.730.760.720.660.870.49-0.50.81-0.440.5-0.030.67
0.630.310.070.180.67-0.390.150.280.580.490.250.720.440.480.420.540.390.660.43-0.160.53-0.080.31-0.020.43
0.520.68-0.050.390.39-0.240.250.590.110.320.650.520.440.390.320.050.820.480.750.030.53-0.180.350.470.22
0.710.360.260.410.68-0.490.560.350.790.910.150.730.480.390.810.550.490.60.43-0.780.62-0.190.46-0.030.86
0.740.360.340.370.71-0.790.310.380.730.85-0.030.760.420.320.810.530.520.690.43-0.730.65-0.490.49-0.190.92
0.660.020.340.250.82-0.580.140.050.60.55-0.120.720.540.050.550.530.120.510.25-0.520.47-0.090.38-0.360.55
0.640.630.090.380.48-0.560.140.640.320.50.110.660.390.820.490.520.120.680.65-0.10.66-0.430.420.210.37
0.880.620.360.40.64-0.83-0.110.660.490.54-0.070.870.660.480.60.690.510.680.49-0.280.88-0.670.61-0.130.49
0.450.49-0.050.180.39-0.280.250.420.30.390.470.490.430.750.430.430.250.650.49-0.060.42-0.190.260.220.33
-0.450.0-0.23-0.22-0.590.45-0.5-0.01-0.68-0.80.08-0.5-0.160.03-0.78-0.73-0.52-0.1-0.28-0.06-0.30.25-0.240.25-0.87
0.960.740.640.790.57-0.75-0.050.770.360.490.040.810.530.530.620.650.470.660.880.42-0.3-0.590.860.080.46
-0.51-0.5-0.36-0.28-0.20.760.37-0.57-0.08-0.180.27-0.44-0.08-0.18-0.19-0.49-0.09-0.43-0.67-0.190.25-0.59-0.430.15-0.25
0.820.450.880.860.45-0.54-0.140.470.30.320.050.50.310.350.460.490.380.420.610.26-0.240.86-0.43-0.10.35
-0.070.65-0.30.33-0.360.330.370.58-0.5-0.20.53-0.03-0.020.47-0.03-0.19-0.360.21-0.130.220.250.080.15-0.1-0.26
0.620.110.250.250.76-0.590.480.110.860.950.020.670.430.220.860.920.550.370.490.33-0.870.46-0.250.35-0.26
Click cells to compare fundamentals

Energy Of Account Relationship Matchups

Energy Of fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9B54.1B52.0B53.7B55B37.9B
Short Long Term Debt Total15.1B15.2B11.6B10.9B10.3B11.0B
Other Current Liab1.1B4.1B4.8B4.6B5.1B2.8B
Total Current Liabilities8.7B9.7B10.7B11.2B13.1B9.2B
Total Stockholder Equity15.1B17.5B19.5B21.8B22.8B13.6B
Property Plant And Equipment Net2.7B2.6B2.6B2.7B3.7B6.1B
Current Deferred Revenue2.8B1.1B1.4B2.3B5.3B5.5B
Net Debt14.5B13.6B10.8B9.5B8.7B9.5B
Retained Earnings7.9B10.1B10.9B10.4B13.0B13.7B
Accounts Payable2.1B2.4B2.9B3.3B3.7B3.9B
Cash536M1.7B825M1.4B1.5B1.5B
Non Current Assets Total39.8B38.6B39.1B40.2B43.1B28.7B
Non Currrent Assets Other10.9B11.8B10.6B9.5B10.8B5.8B
Cash And Short Term Investments2.4B5.3B4.1B4.2B3.1B2.9B
Net Receivables5.6B5.1B5.0B5.5B7.4B7.7B
Common Stock Shares Outstanding2.3B2.2B2.2B2.2B2.9B1.9B
Short Term Investments1.8B3.6B3.2B2.8B1.6B2.0B
Liabilities And Stockholders Equity49.9B54.1B52.0B53.7B55B37.9B
Non Current Liabilities Total26.1B26.9B21.9B20.7B17.3B15.0B
Other Current Assets596M2.4B862M889M1.4B1.1B
Other Stockholder Equity(7.9B)(265K)(963K)(14.1B)(16.5B)(15.7B)
Total Liab34.9B36.6B32.6B31.9B30.3B24.2B
Property Plant And Equipment Gross2.7B2.6B7.9B2.7B9.1B6.5B
Total Current Assets10.1B15.5B12.9B13.5B11.9B9.2B
Accumulated Other Comprehensive Income7.8B12.3B13.2B12.6B15.3B16.1B
Short Term Debt2.8B2.1B1.5B1.0B2.7B2.9B
Inventory39M1.8B(1.7B)(1.7B)(1.1B)(1.1B)
Intangible Assets11.6B11.8B13.0B14.6B15.2B8.4B
Other Liab7.9B13.9B13.8B11.8B13.6B9.4B
Net Tangible Assets(1.1B)(588.2M)1.9B1.5B1.4B1.4B
Other Assets(1M)11.8B11.9B12.0B13.8B14.4B
Long Term Debt12.0B13.0B9.9B9.6B7.2B11.1B
Long Term Investments5.4B6.2B10.4B10.2B10.4B10.5B
Short Long Term Debt2.7B2.1B1.5B955M2.6B2.6B
Property Plant Equipment2.7B2.7B2.6B2.6B2.4B2.9B
Capital Lease Obligations288M227M244M354M433M454.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Energy Stock

Balance Sheet is a snapshot of the financial position of Energy of Minas at a specified time, usually calculated after every quarter, six months, or one year. Energy Of Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Energy Of and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Energy currently owns. An asset can also be divided into two categories, current and non-current.