EBR-B Stock | | | USD 6.77 0.17 2.45% |
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 Ptb Ratio and its Days Sales Outstanding 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.
Ptb Ratio vs Days Sales Outstanding
Ptb Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centrais Elétricas Ptb Ratio account and
Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Centrais Elétricas' Ptb Ratio and Days Sales Outstanding is -0.03. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding 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' Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Centrais Eltricas Brasileiras are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Centrais Elétricas' Ptb Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Days Sales Outstanding
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.