Centrais Net Debt vs Retained Earnings Analysis

EBR Stock

USD 6.08 0.01 0.16%

Centrais Electricas financial indicator trend analysis is way more than just evaluating Centrais Electricas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrais Electricas is a good investment. Please check the relationship between Centrais Electricas Net Debt and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Centrais Electricas 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 bureau of labor statistics.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrais Electricas Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Centrais Electricas' Net Debt and Retained Earnings is -0.44. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Centrais Electricas Brasileiras, assuming nothing else is changed. The correlation between historical values of Centrais Electricas' Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Centrais Electricas Brasileiras are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Centrais Electricas' Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Centrais Electricas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrais Electricas 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 Electricas 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 bureau of labor statistics.

At this time, Centrais Electricas' Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Discontinued Operations is likely to grow to about 1.2 B, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Interest Expense	3.2B	4.7B	6.5B	6.8B
Depreciation And Amortization	1.4B	2.7B	3.6B	3.8B

Interest Expense Depreciation And Amortization

Centrais Electricas 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	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 Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.72	0.1	0.4	0.77	0.76	-0.28	-0.15	0.48	-0.34	0.53	0.99	0.23	0.01	0.69	0.86	0.78	0.83	0.94	0.33	0.94	-0.11	-0.18	-0.4	0.9	0.58
Short Long Term Debt Total	0.72		0.2	0.61	0.26	0.53	-0.65	-0.53	0.93	0.08	0.08	0.67	0.04	0.1	0.61	0.53	0.67	0.7	0.65	0.43	0.84	-0.15	-0.08	-0.49	0.86	0.03
Other Current Liab	0.1	0.2		0.76	-0.26	-0.01	-0.31	-0.58	0.19	0.22	0.02	0.0	0.01	-0.14	0.19	0.27	-0.07	-0.14	-0.05	0.27	0.18	0.28	0.13	0.07	0.32	-0.28
Total Current Liabilities	0.4	0.61	0.76		-0.19	0.28	-0.62	-0.56	0.66	0.33	-0.15	0.28	0.01	0.14	0.51	0.37	0.41	0.35	0.22	0.55	0.55	-0.07	-0.06	-0.45	0.7	-0.31
Total Stockholder Equity	0.77	0.26	-0.26	-0.19		0.59	0.24	0.21	-0.05	-0.7	0.72	0.8	0.2	-0.12	0.32	0.66	0.55	0.6	0.81	-0.07	0.53	-0.13	-0.03	-0.16	0.41	0.85
Other Liab	0.76	0.53	-0.01	0.28	0.59		-0.26	-0.18	0.36	-0.29	0.54	0.76	0.03	0.07	0.68	0.67	0.61	0.64	0.73	0.32	0.72	-0.35	-0.29	-0.31	0.68	0.36
Property Plant And Equipment Net	-0.28	-0.65	-0.31	-0.62	0.24	-0.26		0.72	-0.74	-0.46	0.25	-0.19	-0.07	-0.25	-0.38	-0.34	-0.43	-0.47	-0.3	-0.63	-0.5	-0.12	-0.04	0.27	-0.56	0.57
Current Deferred Revenue	-0.15	-0.53	-0.58	-0.56	0.21	-0.18	0.72		-0.52	-0.39	-0.08	-0.06	0.27	0.17	-0.14	-0.23	-0.16	-0.22	-0.21	-0.23	-0.28	-0.11	-0.28	-0.1	-0.37	0.48
Net Debt	0.48	0.93	0.19	0.66	-0.05	0.36	-0.74	-0.52		0.23	-0.27	0.41	0.09	0.34	0.53	0.32	0.59	0.57	0.4	0.58	0.67	-0.15	-0.13	-0.56	0.72	-0.28
Accounts Payable	-0.34	0.08	0.22	0.33	-0.7	-0.29	-0.46	-0.39	0.23		-0.34	-0.36	-0.48	-0.23	-0.14	-0.37	-0.32	-0.19	-0.37	-0.01	-0.09	-0.04	0.34	-0.09	0.0	-0.59
Cash	0.53	0.08	0.02	-0.15	0.72	0.54	0.25	-0.08	-0.27	-0.34		0.57	-0.24	-0.64	0.13	0.47	0.12	0.24	0.56	-0.4	0.33	-0.12	0.1	0.2	0.26	0.7
Non Current Assets Total	0.99	0.67	0.0	0.28	0.8	0.76	-0.19	-0.06	0.41	-0.36	0.57		0.19	-0.04	0.68	0.83	0.72	0.8	0.94	0.24	0.92	-0.14	-0.24	-0.34	0.86	0.66
Non Currrent Assets Other	0.23	0.04	0.01	0.01	0.2	0.03	-0.07	0.27	0.09	-0.48	-0.24	0.19		0.69	0.31	0.52	0.33	0.14	0.13	0.68	0.21	0.64	-0.38	0.01	0.18	0.03
Other Assets	0.01	0.1	-0.14	0.14	-0.12	0.07	-0.25	0.17	0.34	-0.23	-0.64	-0.04	0.69		0.38	0.15	0.42	0.23	-0.02	0.76	0.08	0.14	-0.42	-0.32	0.1	-0.35
Long Term Debt	0.69	0.61	0.19	0.51	0.32	0.68	-0.38	-0.14	0.53	-0.14	0.13	0.68	0.31	0.38		0.62	0.62	0.58	0.61	0.49	0.77	-0.02	-0.5	-0.3	0.77	0.2
Cash And Short Term Investments	0.86	0.53	0.27	0.37	0.66	0.67	-0.34	-0.23	0.32	-0.37	0.47	0.83	0.52	0.15	0.62		0.66	0.66	0.8	0.55	0.81	0.28	-0.19	-0.13	0.78	0.38
Net Receivables	0.78	0.67	-0.07	0.41	0.55	0.61	-0.43	-0.16	0.59	-0.32	0.12	0.72	0.33	0.42	0.62	0.66		0.92	0.78	0.55	0.74	-0.17	-0.21	-0.56	0.73	0.21
Common Stock Total Equity	0.83	0.7	-0.14	0.35	0.6	0.64	-0.47	-0.22	0.57	-0.19	0.24	0.8	0.14	0.23	0.58	0.66	0.92		0.87	0.4	0.81	-0.22	-0.06	-0.55	0.77	0.29
Common Stock Shares Outstanding	0.94	0.65	-0.05	0.22	0.81	0.73	-0.3	-0.21	0.4	-0.37	0.56	0.94	0.13	-0.02	0.61	0.8	0.78	0.87		0.22	0.85	-0.15	-0.13	-0.28	0.78	0.56
Short Term Investments	0.33	0.43	0.27	0.55	-0.07	0.32	-0.63	-0.23	0.58	-0.01	-0.4	0.24	0.68	0.76	0.49	0.55	0.55	0.4	0.22		0.47	0.26	-0.33	-0.37	0.52	-0.4
Non Current Liabilities Total	0.94	0.84	0.18	0.55	0.53	0.72	-0.5	-0.28	0.67	-0.09	0.33	0.92	0.21	0.08	0.77	0.81	0.74	0.81	0.85	0.47		-0.06	-0.26	-0.41	0.98	0.35
Inventory	-0.11	-0.15	0.28	-0.07	-0.13	-0.35	-0.12	-0.11	-0.15	-0.04	-0.12	-0.14	0.64	0.14	-0.02	0.28	-0.17	-0.22	-0.15	0.26	-0.06		0.06	0.54	-0.07	-0.16
Other Current Assets	-0.18	-0.08	0.13	-0.06	-0.03	-0.29	-0.04	-0.28	-0.13	0.34	0.1	-0.24	-0.38	-0.42	-0.5	-0.19	-0.21	-0.06	-0.13	-0.33	-0.26	0.06		-0.11	-0.24	-0.09
Other Stockholder Equity	-0.4	-0.49	0.07	-0.45	-0.16	-0.31	0.27	-0.1	-0.56	-0.09	0.2	-0.34	0.01	-0.32	-0.3	-0.13	-0.56	-0.55	-0.28	-0.37	-0.41	0.54	-0.11		-0.45	-0.02
Total Liab	0.9	0.86	0.32	0.7	0.41	0.68	-0.56	-0.37	0.72	0.0	0.26	0.86	0.18	0.1	0.77	0.78	0.73	0.77	0.78	0.52	0.98	-0.07	-0.24	-0.45		0.23
Property Plant And Equipment Gross	0.58	0.03	-0.28	-0.31	0.85	0.36	0.57	0.48	-0.28	-0.59	0.7	0.66	0.03	-0.35	0.2	0.38	0.21	0.29	0.56	-0.4	0.35	-0.16	-0.09	-0.02	0.23

Click cells to compare fundamentals

Centrais Electricas Account Relationship Matchups

Centrais Electricas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	177.5B	179.0B	188.3B	270.2B	267.1B	182.9B
Short Long Term Debt Total	49.6B	49.1B	46.1B	61.1B	63.2B	45.9B
Other Current Liab	13.9B	7.2B	6.8B	10.8B	10.5B	12.4B
Total Current Liabilities	25.6B	26.4B	22.7B	26.3B	27.2B	25.3B
Total Stockholder Equity	70.9B	73.5B	76.1B	110.5B	112.3B	77.9B
Other Liab	39.5B	41.4B	51.5B	80.6B	92.7B	97.4B
Property Plant And Equipment Net	33.3B	32.7B	33.4B	34.7B	35.8B	36.9B
Current Deferred Revenue	683.6M	1.1B	1.5B	1.7B	138.7M	131.8M
Net Debt	49.3B	48.8B	45.9B	49.7B	49.7B	39.4B
Accounts Payable	3.1B	3.9B	4.0B	3.5B	3.0B	5.5B
Cash	335.3M	286.6M	192.7M	11.4B	13.5B	14.2B
Non Current Assets Total	136.7B	133.8B	147.9B	220.6B	219.2B	144.3B
Non Currrent Assets Other	66.2B	57.3B	67.1B	67.9B	821.3M	780.2M
Other Assets	69.8B	67.8B	78.9B	15.2B	(1.0)	(0.95)
Long Term Debt	40.2B	36.6B	36.9B	51.6B	49.4B	31.5B
Cash And Short Term Investments	16.7B	14.3B	16.5B	23.6B	19.4B	15.0B
Net Receivables	14.0B	23.9B	16.4B	18.4B	21.8B	12.1B
Common Stock Shares Outstanding	1.6B	1.6B	1.6B	2.0B	2.3B	1.6B
Short Term Investments	16.4B	14.0B	16.3B	12.2B	5.9B	8.6B
Liabilities And Stockholders Equity	177.5B	179.0B	188.3B	270.2B	267.1B	182.8B
Non Current Liabilities Total	80.4B	78.8B	89.1B	132.9B	126.9B	79.4B
Inventory	1.0B	938.3M	1.1B	1.3B	426.7M	405.4M
Other Current Assets	2.1B	6.0B	6.4B	7.1B	6.2B	7.1B
Other Stockholder Equity	(406.1M)	(9.4B)	(10.5B)	(10.8B)	(2.2B)	(2.1B)
Total Liab	106.1B	105.2B	111.9B	159.2B	154.6B	104.7B
Property Plant And Equipment Gross	33.3B	32.7B	40.3B	82.4B	82.1B	41.2B
Total Current Assets	40.7B	45.2B	40.4B	49.6B	47.9B	38.6B
Accumulated Other Comprehensive Income	31.8B	34.4B	37.1B	40.8B	44.5B	28.5B
Short Term Debt	7.9B	12.7B	9.7B	9.0B	13.5B	14.2B
Intangible Assets	655.0M	651.0M	5.0B	80.0B	81.3B	85.3B
Property Plant Equipment	33.3B	32.7B	33.4B	34.7B	31.3B	23.6B
Retained Earnings	8.2B	9.4B	10.5B	10.8B	11.4B	6.3B
Net Tangible Assets	66.1B	69.6B	68.5B	30.5B	35.1B	30.3B
Deferred Long Term Liab	5.4B	5.6B	5.6B	2.1B	2.4B	4.5B
Long Term Investments	62.4B	41.1B	41.0B	34.4B	33.6B	45.3B
Short Long Term Debt	7.7B	11.5B	8.3B	8.8B	13.5B	7.9B
Long Term Debt Total	41.2B	36.4B	36.5B	52.1B	59.9B	41.1B

Pair Trading with Centrais Electricas

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centrais Electricas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centrais Electricas will appreciate offsetting losses from the drop in the long position's value.

Moving together with Centrais Stock

0.81

RNWWW

ReNew Energy Global

Pair Corr

Moving against Centrais Stock

0.94	GEV	GE Vernova LLC	Pair Corr
0.88	AY	Atlantica Sustainable	Pair Corr
0.84	ORA	Ormat Technologies	Pair Corr
0.81	WAVE	Eco Wave Power Trending	Pair Corr
0.8	NRGV	Energy Vault Holdings	Pair Corr

The ability to find closely correlated positions to Centrais Electricas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centrais Electricas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centrais Electricas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centrais Electricas Brasileiras to buy it.

The correlation of Centrais Electricas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centrais Electricas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centrais Electricas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Centrais Electricas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Centrais Stock Analysis

When running Centrais Electricas' price analysis, check to measure Centrais Electricas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centrais Electricas is operating at the current time. Most of Centrais Electricas' value examination focuses on studying past and present price action to predict the probability of Centrais Electricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Electricas' price. Additionally, you may evaluate how the addition of Centrais Electricas to your portfolios can decrease your overall portfolio volatility.

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