Companhia Income Before Tax vs Net Interest Income Analysis

CIG Stock  USD 1.71  0.06  3.39%   
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 Income Before Tax and its Net Interest Income 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.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Energetica Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Companhia Energetica's Income Before Tax and Net Interest Income is 0.19. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income 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 Income Before Tax and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Companhia Energetica de are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Companhia Energetica's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Companhia Energetica income statement and is an important metric when analyzing Companhia Energetica profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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.
 2022 2023 2024 2025 (projected)
Interest Expense2.5B1.0B1.2B1.1B
Depreciation And Amortization1.2B1.3B1.5B946.7M

Companhia Energetica fundamental ratios Correlations

0.680.560.790.850.7-0.86-0.120.670.540.660.380.940.720.30.730.650.78-0.310.88-0.160.49-0.620.960.830.26
0.680.190.70.30.25-0.670.330.990.010.30.40.620.280.110.610.80.4-0.540.720.180.45-0.290.810.590.76
0.560.190.710.340.38-0.42-0.520.210.380.320.050.30.280.280.470.060.37-0.080.37-0.060.01-0.30.590.85-0.18
0.790.70.710.470.26-0.570.00.690.240.390.330.60.280.150.520.550.49-0.340.54-0.120.25-0.450.840.890.5
0.850.30.340.470.73-0.7-0.250.270.730.760.40.910.780.220.470.490.82-0.150.66-0.380.47-0.680.660.510.01
0.70.250.380.260.73-0.63-0.360.250.80.780.130.730.930.270.640.290.8-0.060.74-0.240.4-0.640.60.46-0.21
-0.86-0.67-0.42-0.57-0.7-0.630.09-0.69-0.39-0.51-0.12-0.84-0.61-0.21-0.82-0.55-0.60.34-0.880.06-0.350.5-0.85-0.65-0.17
-0.120.33-0.520.0-0.25-0.360.090.32-0.55-0.360.04-0.08-0.28-0.08-0.070.39-0.13-0.12-0.010.06-0.070.33-0.01-0.160.51
0.670.990.210.690.270.25-0.690.32-0.010.270.280.610.270.110.650.730.38-0.510.740.190.39-0.270.820.590.72
0.540.010.380.240.730.8-0.39-0.55-0.010.920.230.610.850.00.270.120.83-0.040.38-0.520.27-0.820.360.28-0.16
0.660.30.320.390.760.78-0.51-0.360.270.920.370.740.860.150.370.380.91-0.110.51-0.50.48-0.860.520.360.1
0.380.40.050.330.40.13-0.120.040.280.230.370.370.260.24-0.020.690.42-0.350.250.040.59-0.270.320.290.41
0.940.620.30.60.910.73-0.84-0.080.610.610.740.370.780.180.650.640.81-0.290.86-0.240.53-0.680.850.590.27
0.720.280.280.280.780.93-0.61-0.280.270.850.860.260.780.220.50.390.87-0.150.73-0.310.49-0.710.60.42-0.08
0.30.110.280.150.220.27-0.21-0.080.110.00.150.240.180.220.370.320.220.190.370.060.470.020.310.41-0.28
0.730.610.470.520.470.64-0.82-0.070.650.270.37-0.020.650.50.370.460.46-0.10.830.150.32-0.290.790.670.04
0.650.80.060.550.490.29-0.550.390.730.120.380.690.640.390.320.460.55-0.510.640.140.67-0.220.680.50.63
0.780.40.370.490.820.8-0.6-0.130.380.830.910.420.810.870.220.460.55-0.280.66-0.50.38-0.780.660.510.13
-0.31-0.54-0.08-0.34-0.15-0.060.34-0.12-0.51-0.04-0.11-0.35-0.29-0.150.19-0.1-0.51-0.28-0.33-0.03-0.010.17-0.38-0.27-0.56
0.880.720.370.540.660.74-0.88-0.010.740.380.510.250.860.730.370.830.640.66-0.330.080.5-0.420.910.690.18
-0.160.18-0.06-0.12-0.38-0.240.060.060.19-0.52-0.50.04-0.24-0.310.060.150.14-0.5-0.030.080.30.7-0.010.020.06
0.490.450.010.250.470.4-0.35-0.070.390.270.480.590.530.490.470.320.670.38-0.010.50.3-0.210.440.30.26
-0.62-0.29-0.3-0.45-0.68-0.640.50.33-0.27-0.82-0.86-0.27-0.68-0.710.02-0.29-0.22-0.780.17-0.420.7-0.21-0.5-0.36-0.17
0.960.810.590.840.660.6-0.85-0.010.820.360.520.320.850.60.310.790.680.66-0.380.91-0.010.44-0.50.890.37
0.830.590.850.890.510.46-0.65-0.160.590.280.360.290.590.420.410.670.50.51-0.270.690.020.3-0.360.890.17
0.260.76-0.180.50.01-0.21-0.170.510.72-0.160.10.410.27-0.08-0.280.040.630.13-0.560.180.060.26-0.170.370.17
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Companhia Energetica Account Relationship Matchups

Companhia Energetica fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets54.1B52.0B53.7B55B63.3B36.7B
Short Long Term Debt Total15.2B11.6B10.9B10.3B11.8B10.4B
Other Current Liab4.1B2.4B7.4B5.1B5.8B6.1B
Total Current Liabilities9.7B10.7B11.2B13.1B15.1B8.8B
Total Stockholder Equity17.5B19.5B21.8B22.8B26.2B13.4B
Other Liab7.9B13.9B13.8B11.8B13.6B14.3B
Property Plant And Equipment Net2.6B2.6B2.7B3.7B3.3B6.1B
Current Deferred Revenue1.1B4.0B2.3B184K211.6K201.0K
Net Debt13.6B10.8B9.5B8.7B10.0B9.0B
Retained Earnings6.7B7.3B10.4B13.0B15.0B15.7B
Accounts Payable2.4B2.7B2.8B3.7B4.3B4.5B
Cash1.7B825M1.4B1.5B1.8B1.4B
Non Current Assets Total38.6B39.1B40.2B43.1B49.6B27.8B
Non Currrent Assets Other11.8B10.6B9.5B10.8B12.4B13.1B
Other Assets(1M)11.8B11.9B3.8B4.4B3.9B
Long Term Debt13.0B9.9B9.6B7.2B8.3B6.1B
Cash And Short Term Investments5.3B4.1B4.2B3.1B3.6B2.7B
Net Receivables5.1B8.0B8.3B7.4B8.5B8.9B
Common Stock Shares Outstanding2.2B2.2B2.2B2.9B2.6B2.0B
Liabilities And Stockholders Equity54.1B52.0B53.7B55B63.3B36.7B
Non Current Liabilities Total26.9B21.9B20.7B17.3B19.8B14.4B
Inventory1.8B(1.7B)1.0(1.1B)(1.0B)(976.4M)
Other Current Assets2.4B862M889M1.4B1.6B1.1B
Other Stockholder Equity(265K)(9.5B)(1.9B)(16.5B)(14.9B)(14.1B)
Total Liab36.6B32.6B31.9B30.3B34.9B23.2B
Total Current Assets15.5B12.9B13.5B11.9B13.6B8.9B
Accumulated Other Comprehensive Income12.3B13.2B2.3B15.3B17.6B18.5B
Short Term Debt2.1B1.5B1.0B2.7B3.1B2.5B
Property Plant Equipment2.7B2.6B2.6B2.7B2.5B3.3B
Short Term Investments3.6B3.2B2.8B1.6B1.8B1.7B
Property Plant And Equipment Gross2.6B7.9B2.7B9.1B8.2B5.9B
Intangible Assets11.8B13.0B14.6B15.2B17.5B18.4B
Net Tangible Assets(1.1B)(588.2M)1.9B1.5B1.4B1.4B
Long Term Investments6.2B10.4B10.2B10.4B11.9B9.0B
Short Long Term Debt2.1B1.5B955M2.6B2.4B2.2B
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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
0.35
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.