EBR-B Stock | | | USD 6.92 0.20 2.98% |
Centrais Elétricas financial indicator trend analysis is way more than just evaluating Centrais Elétricas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrais Elétricas is a good investment. Please check the relationship between Centrais Elétricas Days Sales Outstanding and its Book Value Per Share accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Centrais Eltricas Brasileiras. 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.
Days Sales Outstanding vs Book Value Per Share
Days Sales Outstanding vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centrais Elétricas Days Sales Outstanding account and
Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centrais Elétricas' Days Sales Outstanding and Book Value Per Share is 0.6. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Centrais Eltricas Brasileiras, assuming nothing else is changed. The correlation between historical values of Centrais Elétricas' Days Sales Outstanding and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Centrais Eltricas Brasileiras are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Days Sales Outstanding i.e., Centrais Elétricas' Days Sales Outstanding and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Days Sales Outstanding
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Centrais Elétricas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrais Elétricas 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Centrais Eltricas Brasileiras. 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, Centrais Elétricas'
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Discontinued Operations is expected to grow to about 1.2
B, whereas
Tax Provision is projected to grow to (373.4
M).
Centrais Elétricas fundamental ratios Correlations
Click cells to compare fundamentals
Centrais Elétricas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centrais Elétricas fundamental ratios Accounts
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Other Information on Investing in Centrais Stock
Balance Sheet is a snapshot of the
financial position of Centrais Elétricas at a specified time, usually calculated after every quarter, six months, or one year. Centrais Elétricas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centrais Elétricas 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 Centrais currently owns. An asset can also be divided into two categories, current and non-current.