Electrica Depreciation And Amortization vs Property Plant Equipment Analysis

ELSA Stock   13.00  0.00  0.00%   
Electrica financial indicator trend analysis is much more than just examining Electrica SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electrica SA is a good investment. Please check the relationship between Electrica Depreciation And Amortization and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrica SA. 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.

Depreciation And Amortization vs Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electrica SA Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Electrica's Depreciation And Amortization and Property Plant Equipment is -0.28. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Electrica SA, assuming nothing else is changed. The correlation between historical values of Electrica's Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Electrica SA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Electrica's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Property Plant Equipment

Most indicators from Electrica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electrica SA 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 Electrica SA. 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.
Selling General Administrative is likely to gain to about 15.7 M in 2024. Tax Provision is likely to gain to about 101.8 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense29.1M164.3M290.5M305.0M
Depreciation And Amortization576.2M645.6M524.5M451.3M

Electrica fundamental ratios Correlations

0.610.810.740.440.170.140.550.380.82-0.020.74-0.55-0.210.81-0.080.390.490.630.560.260.820.170.710.630.31
0.610.570.970.22-0.37-0.490.980.160.63-0.370.30.04-0.40.770.360.77-0.090.880.54-0.020.89-0.310.61.00.5
0.810.570.720.420.130.250.490.490.430.120.65-0.73-0.220.53-0.140.540.450.70.48-0.030.80.140.520.590.36
0.740.970.720.26-0.22-0.30.940.20.7-0.290.44-0.16-0.380.810.230.780.080.880.590.010.96-0.160.640.980.45
0.440.220.420.26-0.31-0.020.120.870.190.340.28-0.540.220.050.37-0.07-0.140.36-0.340.480.21-0.330.360.180.52
0.17-0.370.13-0.22-0.310.62-0.33-0.350.14-0.020.57-0.25-0.25-0.02-0.94-0.180.91-0.360.160.250.050.99-0.35-0.33-0.79
0.14-0.490.25-0.3-0.020.62-0.57-0.04-0.20.610.15-0.490.45-0.24-0.51-0.20.55-0.47-0.030.01-0.130.590.05-0.44-0.46
0.550.980.490.940.12-0.33-0.570.060.65-0.550.320.13-0.530.780.30.73-0.080.870.550.010.86-0.260.480.980.44
0.380.160.490.20.87-0.35-0.040.060.020.350.24-0.640.160.00.3-0.07-0.090.45-0.150.110.16-0.380.310.120.67
0.820.630.430.70.190.14-0.20.650.02-0.40.67-0.17-0.410.88-0.060.340.370.560.540.380.740.160.520.650.17
-0.02-0.370.12-0.290.34-0.020.61-0.550.35-0.4-0.27-0.430.78-0.440.12-0.16-0.02-0.34-0.32-0.14-0.27-0.060.26-0.370.03
0.740.30.650.440.280.570.150.320.240.67-0.27-0.56-0.610.55-0.580.10.780.470.40.470.630.580.050.31-0.06
-0.550.04-0.73-0.16-0.54-0.25-0.490.13-0.64-0.17-0.43-0.56-0.09-0.080.270.02-0.45-0.27-0.08-0.04-0.27-0.21-0.240.01-0.29
-0.21-0.4-0.22-0.380.22-0.250.45-0.530.16-0.410.78-0.61-0.09-0.470.4-0.22-0.36-0.52-0.42-0.2-0.46-0.290.33-0.40.04
0.810.770.530.810.05-0.02-0.240.780.00.88-0.440.55-0.08-0.470.050.450.260.710.760.150.810.00.630.790.33
-0.080.36-0.140.230.37-0.94-0.510.30.3-0.060.12-0.580.270.40.050.21-0.890.25-0.26-0.1-0.04-0.940.490.330.7
0.390.770.540.78-0.07-0.18-0.20.73-0.070.34-0.160.10.02-0.220.450.210.010.590.41-0.330.74-0.110.480.780.22
0.49-0.090.450.08-0.140.910.55-0.08-0.090.37-0.020.78-0.45-0.360.26-0.890.01-0.010.430.190.350.9-0.08-0.06-0.52
0.630.880.70.880.36-0.36-0.470.870.450.56-0.340.47-0.27-0.520.710.250.59-0.010.53-0.040.82-0.320.450.870.68
0.560.540.480.59-0.340.16-0.030.55-0.150.54-0.320.4-0.08-0.420.76-0.260.410.430.53-0.380.660.180.420.570.13
0.26-0.02-0.030.010.480.250.010.010.110.38-0.140.47-0.04-0.20.15-0.1-0.330.19-0.04-0.380.060.25-0.1-0.03-0.2
0.820.890.80.960.210.05-0.130.860.160.74-0.270.63-0.27-0.460.81-0.040.740.350.820.660.060.110.570.90.27
0.17-0.310.14-0.16-0.330.990.59-0.26-0.380.16-0.060.58-0.21-0.290.0-0.94-0.110.9-0.320.180.250.11-0.35-0.27-0.81
0.710.60.520.640.36-0.350.050.480.310.520.260.05-0.240.330.630.490.48-0.080.450.42-0.10.57-0.350.610.53
0.631.00.590.980.18-0.33-0.440.980.120.65-0.370.310.01-0.40.790.330.78-0.060.870.57-0.030.9-0.270.610.47
0.310.50.360.450.52-0.79-0.460.440.670.170.03-0.06-0.290.040.330.70.22-0.520.680.13-0.20.27-0.810.530.47
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Electrica Account Relationship Matchups

Electrica fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B8.1B7.9B11.6B12.8B9.5B
Short Long Term Debt Total828.4M971.5M1.3B3.4B4.2B4.4B
Other Current Liab332.6M496.5M439.7M738.8M1.1B1.1B
Total Current Liabilities1.5B1.5B2.5B5.2B6.3B6.6B
Total Stockholder Equity5.6B5.8B5.0B5.4B5.4B5.7B
Property Plant And Equipment Net579.1M535.2M526.4M551.5M636.0M604.2M
Net Debt220.9M400.6M1.1B3.1B3.8B4.0B
Retained Earnings1.6B1.8B950.2M1.4B1.3B1.3B
Accounts Payable730.5M468.8M734.8M1.2B1.2B762.7M
Cash607.5M570.9M221.8M334.9M377.2M498.9M
Non Current Assets Total6.1B6.0B6.2B7.1B7.0B6.5B
Non Currrent Assets Other1.8M1.2M1.7M192.7M84.4M133.2M
Cash And Short Term Investments674.0M570.9M221.8M525.2M377.2M358.4M
Net Receivables890.0M1.0B1.3B2.5B2.5B1.4B
Common Stock Shares Outstanding84.8M84.8M85.0K84.9M339.6M356.5M
Liabilities And Stockholders Equity7.8B8.1B7.9B11.6B12.8B9.5B
Non Current Liabilities Total773.7M772.7M474.7M1.1B1.1B773.5M
Inventory74.4M70.1M73.0M114.0M115.7M121.4M
Other Current Assets946.5M1.4B1.4B3.9B2.7B1.8B
Other Stockholder Equity487.2M536.3M538.9M549.4M636.6M414.8M
Total Liab2.2B2.3B2.9B6.3B7.4B7.8B
Property Plant And Equipment Gross579.1M535.2M694.2M737.0M807.4M1.5B
Total Current Assets1.7B2.0B1.7B4.6B5.8B3.0B
Short Term Debt386.0M554.3M1.1B2.7B3.4B3.6B
Intangible Assets5.2B5.5B5.5B5.7B6.2B3.7B
Long Term Debt432.8M400.3M118.8M647.2M794.3M834.1M
Short Term Investments747.0M136.5M66.5M190.3M171.3M162.7M
Short Long Term Debt359.1M543.6M1.1B2.7B3.4B3.5B
Accumulated Other Comprehensive Income87.7M116.4M102.8M92.1M159.5M167.5M
Net Invested Capital6.4B6.7B6.2B8.7B9.5B7.8B
Net Working Capital240.8M514.5M(732.6M)(620.8M)(523.7M)(497.5M)

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