Electrica Total Current Assets vs Non Current Assets Total 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 Total Current Assets and its Non Current Assets Total 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.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electrica SA Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Electrica's Total Current Assets and Non Current Assets Total is 0.05. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total 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 Total Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Electrica SA are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Electrica's Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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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