Companhia Change In Cash vs Free Cash Flow Yield Analysis

CIG Stock

USD 1.95 0.05 2.50%

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 Change In Cash and its Free Cash Flow Yield 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.

Change In Cash vs Free Cash Flow Yield

Change In Cash vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Energetica Change In Cash account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Companhia Energetica's Change In Cash and Free Cash Flow Yield is 0.37. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Free Cash Flow Yield 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 Change In Cash and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Companhia Energetica de are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Change In Cash i.e., Companhia Energetica's Change In Cash and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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.

The Companhia Energetica's current Selling General Administrative is estimated to increase to about 839.1 M, while Discontinued Operations is projected to decrease to roughly 219.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.7B	2.5B	1.0B	1.1B
Depreciation And Amortization	1.0B	1.2B	1.3B	946.7M

Interest Expense Depreciation And Amortization

Companhia Energetica fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.73	0.58	0.78	0.83	0.67	-0.87	-0.01	0.74	0.5	0.66	0.32	0.94	0.71	0.34	0.77	0.68	0.87	-0.36	0.9	-0.05	0.43	-0.53	0.97	0.85	0.27
Short Long Term Debt Total	0.73		0.21	0.72	0.36	0.25	-0.68	0.35	0.99	0.03	0.38	0.41	0.7	0.32	0.11	0.61	0.8	0.52	-0.54	0.73	0.19	0.47	-0.3	0.83	0.59	0.76
Other Current Liab	0.58	0.21		0.72	0.36	0.31	-0.44	-0.45	0.23	0.28	0.21	0.0	0.3	0.2	0.3	0.49	0.07	0.33	-0.07	0.37	0.03	-0.03	-0.19	0.6	0.86	-0.18
Total Current Liabilities	0.78	0.72	0.72		0.42	0.22	-0.56	0.07	0.72	0.17	0.37	0.29	0.57	0.23	0.17	0.52	0.55	0.54	-0.36	0.53	-0.06	0.2	-0.39	0.84	0.89	0.51
Total Stockholder Equity	0.83	0.36	0.36	0.42		0.74	-0.75	-0.1	0.35	0.7	0.76	0.33	0.89	0.79	0.31	0.55	0.55	0.93	-0.22	0.72	-0.26	0.39	-0.57	0.67	0.53	-0.01
Other Liab	0.67	0.25	0.31	0.22	0.74		-0.61	-0.32	0.26	0.83	0.79	0.08	0.71	0.93	0.29	0.64	0.27	0.67	-0.07	0.72	-0.2	0.35	-0.63	0.58	0.44	-0.22
Property Plant And Equipment Net	-0.87	-0.68	-0.44	-0.56	-0.75	-0.61		0.04	-0.7	-0.42	-0.57	-0.09	-0.88	-0.64	-0.22	-0.83	-0.54	-0.72	0.35	-0.88	0.01	-0.32	0.46	-0.84	-0.64	-0.16
Current Deferred Revenue	-0.01	0.35	-0.45	0.07	-0.1	-0.32	0.04		0.33	-0.48	-0.23	0.13	0.07	-0.17	-0.1	-0.06	0.44	0.17	-0.1	0.04	-0.02	0.02	0.25	0.06	-0.13	0.54
Net Debt	0.74	0.99	0.23	0.72	0.35	0.26	-0.7	0.33		0.02	0.36	0.3	0.71	0.33	0.1	0.65	0.74	0.51	-0.51	0.75	0.19	0.42	-0.29	0.84	0.6	0.72
Retained Earnings	0.5	0.03	0.28	0.17	0.7	0.83	-0.42	-0.48	0.02		0.88	0.13	0.55	0.82	0.05	0.33	0.11	0.57	-0.08	0.4	-0.45	0.17	-0.79	0.35	0.28	-0.22
Accounts Payable	0.66	0.38	0.21	0.37	0.76	0.79	-0.57	-0.23	0.36	0.88		0.31	0.74	0.83	0.23	0.45	0.44	0.71	-0.15	0.57	-0.43	0.44	-0.83	0.55	0.38	0.11
Cash	0.32	0.41	0.0	0.29	0.33	0.08	-0.09	0.13	0.3	0.13	0.31		0.31	0.19	0.26	-0.03	0.69	0.35	-0.37	0.23	0.11	0.56	-0.19	0.29	0.27	0.41
Non Current Assets Total	0.94	0.7	0.3	0.57	0.89	0.71	-0.88	0.07	0.71	0.55	0.74	0.31		0.78	0.24	0.71	0.68	0.91	-0.36	0.9	-0.12	0.47	-0.58	0.86	0.6	0.29
Non Currrent Assets Other	0.71	0.32	0.2	0.23	0.79	0.93	-0.64	-0.17	0.33	0.82	0.83	0.19	0.78		0.28	0.55	0.41	0.74	-0.18	0.77	-0.22	0.45	-0.65	0.61	0.42	-0.09
Other Assets	0.34	0.11	0.3	0.17	0.31	0.29	-0.22	-0.1	0.1	0.05	0.23	0.26	0.24	0.28		0.37	0.33	0.33	0.2	0.38	0.04	0.51	-0.01	0.33	0.42	-0.28
Long Term Debt	0.77	0.61	0.49	0.52	0.55	0.64	-0.83	-0.06	0.65	0.33	0.45	-0.03	0.71	0.55	0.37		0.46	0.59	-0.1	0.83	0.17	0.33	-0.29	0.79	0.67	0.04
Cash And Short Term Investments	0.68	0.8	0.07	0.55	0.55	0.27	-0.54	0.44	0.74	0.11	0.44	0.69	0.68	0.41	0.33	0.46		0.66	-0.51	0.63	0.17	0.68	-0.2	0.68	0.49	0.63
Net Receivables	0.87	0.52	0.33	0.54	0.93	0.67	-0.72	0.17	0.51	0.57	0.71	0.35	0.91	0.74	0.33	0.59	0.66		-0.3	0.77	-0.31	0.32	-0.53	0.77	0.59	0.17
Common Stock Shares Outstanding	-0.36	-0.54	-0.07	-0.36	-0.22	-0.07	0.35	-0.1	-0.51	-0.08	-0.15	-0.37	-0.36	-0.18	0.2	-0.1	-0.51	-0.3		-0.34	-0.01	-0.03	0.22	-0.4	-0.28	-0.57
Non Current Liabilities Total	0.9	0.73	0.37	0.53	0.72	0.72	-0.88	0.04	0.75	0.4	0.57	0.23	0.9	0.77	0.38	0.83	0.63	0.77	-0.34		0.13	0.48	-0.39	0.91	0.68	0.18
Inventory	-0.05	0.19	0.03	-0.06	-0.26	-0.2	0.01	-0.02	0.19	-0.45	-0.43	0.11	-0.12	-0.22	0.04	0.17	0.17	-0.31	-0.01	0.13		0.41	0.68	0.06	0.06	0.07
Other Current Assets	0.43	0.47	-0.03	0.2	0.39	0.35	-0.32	0.02	0.42	0.17	0.44	0.56	0.47	0.45	0.51	0.33	0.68	0.32	-0.03	0.48	0.41		-0.1	0.41	0.27	0.26
Other Stockholder Equity	-0.53	-0.3	-0.19	-0.39	-0.57	-0.63	0.46	0.25	-0.29	-0.79	-0.83	-0.19	-0.58	-0.65	-0.01	-0.29	-0.2	-0.53	0.22	-0.39	0.68	-0.1		-0.44	-0.32	-0.17
Total Liab	0.97	0.83	0.6	0.84	0.67	0.58	-0.84	0.06	0.84	0.35	0.55	0.29	0.86	0.61	0.33	0.79	0.68	0.77	-0.4	0.91	0.06	0.41	-0.44		0.89	0.37
Total Current Assets	0.85	0.59	0.86	0.89	0.53	0.44	-0.64	-0.13	0.6	0.28	0.38	0.27	0.6	0.42	0.42	0.67	0.49	0.59	-0.28	0.68	0.06	0.27	-0.32	0.89		0.16
Short Term Debt	0.27	0.76	-0.18	0.51	-0.01	-0.22	-0.16	0.54	0.72	-0.22	0.11	0.41	0.29	-0.09	-0.28	0.04	0.63	0.17	-0.57	0.18	0.07	0.26	-0.17	0.37	0.16

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Companhia Energetica Account Relationship Matchups

Companhia Energetica fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.9B	54.1B	52.0B	53.7B	55B	36.7B
Short Long Term Debt Total	15.1B	15.2B	11.6B	10.9B	10.3B	10.4B
Other Current Liab	1.1B	4.1B	2.4B	7.4B	5.1B	2.6B
Total Current Liabilities	8.7B	9.7B	10.7B	11.2B	13.1B	8.8B
Total Stockholder Equity	15.1B	17.5B	19.5B	21.8B	22.8B	13.4B
Other Liab	7.9B	13.9B	13.8B	11.8B	13.6B	14.3B
Property Plant And Equipment Net	2.7B	2.6B	2.6B	2.7B	3.7B	6.1B
Current Deferred Revenue	2.8B	1.1B	4.0B	2.3B	184K	174.8K
Net Debt	14.5B	13.6B	10.8B	9.5B	8.7B	9.0B
Retained Earnings	7.9B	6.7B	7.3B	10.4B	13.0B	13.7B
Accounts Payable	2.1B	2.4B	2.7B	2.8B	3.7B	3.9B
Cash	536M	1.7B	825M	1.4B	1.5B	1.4B
Non Current Assets Total	39.8B	38.6B	39.1B	40.2B	43.1B	27.8B
Non Currrent Assets Other	10.9B	11.8B	10.6B	9.5B	10.8B	11.4B
Other Assets	(1M)	11.8B	11.9B	3.8B	4.4B	3.9B
Long Term Debt	12.0B	13.0B	9.9B	9.6B	7.2B	6.1B
Cash And Short Term Investments	2.4B	5.3B	4.1B	4.2B	3.1B	2.7B
Net Receivables	5.6B	5.1B	8.0B	8.3B	7.4B	3.7B
Common Stock Shares Outstanding	2.3B	2.2B	2.2B	2.2B	2.9B	2.0B
Liabilities And Stockholders Equity	49.9B	54.1B	52.0B	53.7B	55B	36.7B
Non Current Liabilities Total	26.1B	26.9B	21.9B	20.7B	17.3B	14.4B
Inventory	39M	1.8B	(1.7B)	1.0	(1.1B)	(1.1B)
Other Current Assets	596M	2.4B	862M	889M	1.4B	1.1B
Other Stockholder Equity	(7.9B)	(265K)	(9.5B)	(1.9B)	(16.5B)	(15.7B)
Total Liab	34.9B	36.6B	32.6B	31.9B	30.3B	23.2B
Total Current Assets	10.1B	15.5B	12.9B	13.5B	11.9B	8.9B
Accumulated Other Comprehensive Income	7.8B	12.3B	13.2B	2.3B	15.3B	16.1B
Short Term Debt	2.8B	2.1B	1.5B	1.0B	2.7B	2.5B
Property Plant Equipment	2.7B	2.6B	2.6B	2.7B	2.5B	3.3B
Short Term Investments	1.8B	3.6B	3.2B	2.8B	1.6B	1.7B
Property Plant And Equipment Gross	610M	2.6B	7.9B	2.7B	9.1B	5.9B
Intangible Assets	11.6B	11.8B	13.0B	14.6B	15.2B	16.0B
Net Tangible Assets	(1.1B)	(588.2M)	1.9B	1.5B	1.4B	1.4B
Long Term Investments	5.4B	6.2B	10.4B	10.2B	10.4B	9.0B
Short Long Term Debt	2.7B	2.1B	1.5B	955M	2.6B	2.2B
Long Term Debt Total	12.2B	13.1B	10.1B	9.9B	11.4B	11.3B

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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:

How To Invest In Companhia

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Is Companhia Stock a good investment?

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What is Companhia Energetica's Net Worth?

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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.

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Companhia Change In Cash vs Free Cash Flow Yield Analysis

Change In Cash vs Free Cash Flow Yield

Change In Cash vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Change In Cash

Free Cash Flow Yield

Companhia Energetica fundamental ratios Correlations

Companhia Energetica Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Companhia Energetica fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.97	Total Assets
Non Current Assets Total	+ 0.94	Total Assets
Net Receivables	+ 0.93	Total Stockholder Equity
Non Currrent Assets Other	+ 0.93	Other Liab
Net Receivables	+ 0.91	Non Current Assets Total

Non Current Liabilities Total	- 0.88	Property Plant And Equipment Net
Non Current Assets Total	- 0.88	Property Plant And Equipment Net
Property Plant And Equipment Net	- 0.87	Total Assets
Total Liab	- 0.84	Property Plant And Equipment Net
Other Stockholder Equity	- 0.83	Accounts Payable
Long Term Debt	- 0.83	Property Plant And Equipment Net