Companhia Cash vs Short Term Investments Analysis

ELPC Stock   5.67  0.11  1.90%   
Companhia Paranaense financial indicator trend analysis is way more than just evaluating Companhia Paranaense prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia Paranaense is a good investment. Please check the relationship between Companhia Paranaense Cash and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Companhia Paranaense 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 american community survey.

Cash vs Short Term Investments

Cash vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Paranaense Cash account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Companhia Paranaense's Cash and Short Term Investments is -0.66. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Companhia Paranaense de, assuming nothing else is changed. The correlation between historical values of Companhia Paranaense's Cash and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Companhia Paranaense de are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash i.e., Companhia Paranaense's Cash and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Companhia Paranaense, which is listed under current asset account on Companhia Paranaense de balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Companhia Paranaense customers. The amounts must be unrestricted with restricted cash listed in a different Companhia Paranaense account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Term Investments

Short Term Investments is an item under the current assets section of Companhia Paranaense balance sheet. It contains any investments Companhia Paranaense de undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Companhia Paranaense can easily liquidate in the marketplace.
Most indicators from Companhia Paranaense's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Companhia Paranaense 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 Companhia Paranaense 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 american community survey.
At present, Companhia Paranaense's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2.5 B, whereas Selling General Administrative is forecasted to decline to about 1 B.
 2023 2024 (projected)
Other Operating Expenses1.5B1.6B
Gross Profit5.6B5.1B

Companhia Paranaense fundamental ratios Correlations

0.420.20.270.150.160.25-0.240.00.91-0.390.240.250.02-0.29-0.03-0.05-0.06-0.150.06-0.080.21-0.060.03-0.25-0.1
0.420.940.960.920.930.95-0.710.850.12-0.95-0.740.96-0.5-0.740.80.810.810.780.730.81-0.760.810.74-0.40.8
0.20.940.950.960.971.0-0.710.97-0.06-0.95-0.880.9-0.42-0.640.760.770.790.880.620.82-0.890.840.64-0.230.85
0.270.960.950.930.950.96-0.80.93-0.02-0.95-0.820.93-0.62-0.810.850.850.870.870.690.88-0.830.840.78-0.390.88
0.150.920.960.931.00.95-0.590.95-0.07-0.93-0.860.9-0.49-0.690.740.780.780.80.620.78-0.850.760.64-0.130.79
0.160.930.970.951.00.96-0.650.97-0.07-0.95-0.870.89-0.53-0.730.750.770.790.830.590.79-0.870.770.64-0.150.81
0.250.951.00.960.950.96-0.70.950.0-0.95-0.840.91-0.4-0.640.770.770.790.860.630.82-0.860.830.65-0.240.84
-0.24-0.71-0.71-0.8-0.59-0.65-0.7-0.710.10.770.69-0.660.730.82-0.71-0.66-0.73-0.8-0.48-0.780.69-0.74-0.680.67-0.78
0.00.850.970.930.950.970.95-0.71-0.22-0.91-0.940.83-0.51-0.680.750.760.790.910.530.83-0.940.820.62-0.150.86
0.910.12-0.06-0.02-0.07-0.070.00.1-0.22-0.140.5-0.080.29-0.01-0.39-0.4-0.41-0.47-0.3-0.430.48-0.43-0.330.14-0.45
-0.39-0.95-0.95-0.95-0.93-0.95-0.950.77-0.91-0.140.78-0.850.540.79-0.67-0.68-0.7-0.77-0.51-0.730.78-0.71-0.580.28-0.75
0.24-0.74-0.88-0.82-0.86-0.87-0.840.69-0.940.50.78-0.780.550.61-0.79-0.8-0.83-0.95-0.6-0.871.0-0.88-0.650.26-0.91
0.250.960.90.930.90.890.91-0.660.83-0.08-0.85-0.78-0.52-0.680.910.920.90.830.880.89-0.80.90.85-0.480.88
0.02-0.5-0.42-0.62-0.49-0.53-0.40.73-0.510.290.540.55-0.520.92-0.67-0.66-0.7-0.58-0.47-0.670.5-0.55-0.720.58-0.62
-0.29-0.74-0.64-0.81-0.69-0.73-0.640.82-0.68-0.010.790.61-0.680.92-0.67-0.67-0.71-0.63-0.48-0.690.57-0.59-0.690.52-0.65
-0.030.80.760.850.740.750.77-0.710.75-0.39-0.67-0.790.91-0.67-0.671.00.990.890.920.98-0.810.960.97-0.630.96
-0.050.810.770.850.780.770.77-0.660.76-0.4-0.68-0.80.92-0.66-0.671.00.990.880.930.97-0.810.950.97-0.580.95
-0.060.810.790.870.780.790.79-0.730.79-0.41-0.7-0.830.9-0.7-0.710.990.990.920.880.99-0.840.960.96-0.580.97
-0.150.780.880.870.80.830.86-0.80.91-0.47-0.77-0.950.83-0.58-0.630.890.880.920.70.96-0.960.960.79-0.440.98
0.060.730.620.690.620.590.63-0.480.53-0.3-0.51-0.60.88-0.47-0.480.920.930.880.70.84-0.630.870.92-0.660.81
-0.080.810.820.880.780.790.82-0.780.83-0.43-0.73-0.870.89-0.67-0.690.980.970.990.960.84-0.890.980.93-0.580.99
0.21-0.76-0.89-0.83-0.85-0.87-0.860.69-0.940.480.781.0-0.80.50.57-0.81-0.81-0.84-0.96-0.63-0.89-0.9-0.660.27-0.93
-0.060.810.840.840.760.770.83-0.740.82-0.43-0.71-0.880.9-0.55-0.590.960.950.960.960.870.98-0.90.88-0.580.99
0.030.740.640.780.640.640.65-0.680.62-0.33-0.58-0.650.85-0.72-0.690.970.970.960.790.920.93-0.660.88-0.70.88
-0.25-0.4-0.23-0.39-0.13-0.15-0.240.67-0.150.140.280.26-0.480.580.52-0.63-0.58-0.58-0.44-0.66-0.580.27-0.58-0.7-0.54
-0.10.80.850.880.790.810.84-0.780.86-0.45-0.75-0.910.88-0.62-0.650.960.950.970.980.810.99-0.930.990.88-0.54
Click cells to compare fundamentals

Companhia Paranaense Account Relationship Matchups

Companhia Paranaense fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.1B432.3M804.2M1.3B1.2B1.1B
Total Current Liabilities9.7B8.0B7.2B9.3B10.7B8.7B
Retained Earnings8.8B10.6B7.9B9.0B10.4B9.3B
Accounts Payable2.3B2.6B2.2B2.3B2.6B2.4B
Net Receivables3.8B4.4B3.4B3.8B3.4B3.1B
Inventory162.8M197.8M194.9M174.7M200.9M189.3M
Total Current Assets11.4B11.2B9.3B13.7B15.8B11.8B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Companhia Paranaense offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Companhia Paranaense's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Companhia Paranaense De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Companhia Paranaense De Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Companhia Paranaense 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 american community survey.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 Paranaense. 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 Paranaense 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
1.69
Dividend Share
0.38
Earnings Share
0.57
Revenue Per Share
7.441
Quarterly Revenue Growth
0.035
The market value of Companhia Paranaense 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 Paranaense's value that differs from its market value or its book value, called intrinsic value, which is Companhia Paranaense'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 Paranaense's market value can be influenced by many factors that don't directly affect Companhia Paranaense'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 Paranaense's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Paranaense is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Paranaense'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.