Companhia Change To Account Receivables vs 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 Change To Account Receivables and its 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.

Change To Account Receivables vs Investments

Change To Account Receivables vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Paranaense Change To Account Receivables account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Companhia Paranaense's Change To Account Receivables and Investments is -0.47. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of 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 Change To Account Receivables and 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 Change To Account Receivables of Companhia Paranaense de are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Account Receivables i.e., Companhia Paranaense's Change To Account Receivables and Investments go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Account Receivables

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.