Companhia Depreciation vs Change To Account Receivables Analysis

SBS Stock

USD 17.10 0.19 1.12%

Companhia financial indicator trend analysis is way more than just evaluating Companhia de Saneamento prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia de Saneamento is a good investment. Please check the relationship between Companhia Depreciation and its Change To Account Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia de Saneamento. 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.

Depreciation vs Change To Account Receivables

Depreciation vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia de Saneamento Depreciation account and Change To Account Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between Companhia's Depreciation and Change To Account Receivables is -0.78. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Companhia de Saneamento, assuming nothing else is changed. The correlation between historical values of Companhia's Depreciation and Change To Account Receivables 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 of Companhia de Saneamento are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Depreciation i.e., Companhia's Depreciation and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Depreciation

Depreciation indicates how much of Companhia de Saneamento value has been used up. For tax purposes Companhia can deduct the cost of the tangible assets it purchases as business expenses. However, Companhia de Saneamento must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Account Receivables

Most indicators from Companhia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Companhia de Saneamento 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia de Saneamento. 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, Companhia's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.08 in 2024, whereas Tax Provision is likely to drop slightly above 1 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.7B	7.7B	9.5B	4.8B
Total Revenue	19.5B	22.1B	25.6B	26.9B

Gross Profit Total Revenue

Companhia fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets
Total Assets		0.62	0.76	0.99	0.77	0.35	0.73	0.57	0.78	0.98	0.89	0.25	0.99	0.84	-0.56	0.96	-0.59	0.91	-0.03	0.99	0.41	0.9	-0.12	0.98	-0.57	0.97
Other Current Liab	0.62		0.83	0.66	0.64	0.6	0.39	0.17	0.82	0.69	0.51	0.82	0.57	0.81	-0.19	0.67	-0.19	0.69	-0.3	0.65	0.81	0.57	-0.74	0.59	-0.58	0.69
Total Current Liabilities	0.76	0.83		0.76	0.79	0.67	0.64	0.23	0.82	0.77	0.59	0.68	0.75	0.92	-0.56	0.69	-0.57	0.65	0.01	0.75	0.68	0.65	-0.67	0.69	-0.75	0.74
Total Stockholder Equity	0.99	0.66	0.76		0.76	0.37	0.71	0.57	0.78	0.99	0.88	0.3	0.97	0.83	-0.49	0.96	-0.52	0.92	-0.08	0.99	0.46	0.89	-0.14	0.97	-0.56	0.98
Other Liab	0.77	0.64	0.79	0.76		0.55	0.53	0.56	0.81	0.77	0.62	0.37	0.75	0.84	-0.34	0.68	-0.37	0.64	0.03	0.79	0.35	0.69	-0.35	0.76	-0.62	0.74
Retained Earnings	0.35	0.6	0.67	0.37	0.55		0.15	-0.2	0.54	0.35	0.17	0.78	0.33	0.58	-0.27	0.31	-0.27	0.35	-0.32	0.36	0.34	0.22	-0.77	0.31	-0.92	0.33
Accounts Payable	0.73	0.39	0.64	0.71	0.53	0.15		0.3	0.38	0.71	0.52	0.11	0.74	0.62	-0.7	0.58	-0.7	0.44	0.56	0.68	0.33	0.66	-0.07	0.65	-0.41	0.69
Other Assets	0.57	0.17	0.23	0.57	0.56	-0.2	0.3		0.4	0.54	0.62	-0.34	0.57	0.47	-0.15	0.55	-0.19	0.5	0.08	0.59	-0.13	0.66	0.38	0.62	0.03	0.58
Long Term Debt	0.78	0.82	0.82	0.78	0.81	0.54	0.38	0.4		0.81	0.7	0.56	0.77	0.85	-0.29	0.82	-0.32	0.82	-0.25	0.81	0.63	0.66	-0.5	0.81	-0.6	0.77
Net Receivables	0.98	0.69	0.77	0.99	0.77	0.35	0.71	0.54	0.81		0.85	0.33	0.95	0.83	-0.46	0.95	-0.49	0.9	-0.03	0.98	0.52	0.86	-0.18	0.95	-0.52	0.97
Inventory	0.89	0.51	0.59	0.88	0.62	0.17	0.52	0.62	0.7	0.85		0.07	0.88	0.71	-0.53	0.9	-0.55	0.87	-0.13	0.87	0.35	0.87	0.01	0.91	-0.4	0.87
Other Current Assets	0.25	0.82	0.68	0.3	0.37	0.78	0.11	-0.34	0.56	0.33	0.07		0.2	0.52	-0.01	0.3	0.01	0.36	-0.42	0.29	0.77	0.13	-0.94	0.19	-0.62	0.3
Total Liab	0.99	0.57	0.75	0.97	0.75	0.33	0.74	0.57	0.77	0.95	0.88	0.2		0.84	-0.62	0.95	-0.65	0.89	0.02	0.97	0.36	0.9	-0.08	0.98	-0.57	0.95
Common Stock	0.84	0.81	0.92	0.83	0.84	0.58	0.62	0.47	0.85	0.83	0.71	0.52	0.84		-0.52	0.81	-0.54	0.77	-0.04	0.85	0.53	0.72	-0.51	0.83	-0.71	0.8
Property Plant Equipment	-0.56	-0.19	-0.56	-0.49	-0.34	-0.27	-0.7	-0.15	-0.29	-0.46	-0.53	-0.01	-0.62	-0.52		-0.42	1.0	-0.32	-0.44	-0.45	-0.09	-0.56	0.09	-0.51	0.56	-0.48
Short Long Term Debt Total	0.96	0.67	0.69	0.96	0.68	0.31	0.58	0.55	0.82	0.95	0.9	0.3	0.95	0.81	-0.42		-0.44	0.98	-0.24	0.97	0.48	0.87	-0.13	0.97	-0.49	0.95
Property Plant And Equipment Net	-0.59	-0.19	-0.57	-0.52	-0.37	-0.27	-0.7	-0.19	-0.32	-0.49	-0.55	0.01	-0.65	-0.54	1.0	-0.44		-0.34	-0.44	-0.48	-0.08	-0.58	0.07	-0.55	0.56	-0.5
Net Debt	0.91	0.69	0.65	0.92	0.64	0.35	0.44	0.5	0.82	0.9	0.87	0.36	0.89	0.77	-0.32	0.98	-0.34		-0.4	0.94	0.49	0.83	-0.17	0.93	-0.49	0.91
Cash	-0.03	-0.3	0.01	-0.08	0.03	-0.32	0.56	0.08	-0.25	-0.03	-0.13	-0.42	0.02	-0.04	-0.44	-0.24	-0.44	-0.4		-0.11	-0.21	-0.02	0.26	-0.08	0.14	-0.09
Non Current Assets Total	0.99	0.65	0.75	0.99	0.79	0.36	0.68	0.59	0.81	0.98	0.87	0.29	0.97	0.85	-0.45	0.97	-0.48	0.94	-0.11		0.44	0.87	-0.14	0.98	-0.55	0.96
Non Currrent Assets Other	0.41	0.81	0.68	0.46	0.35	0.34	0.33	-0.13	0.63	0.52	0.35	0.77	0.36	0.53	-0.09	0.48	-0.08	0.49	-0.21	0.44		0.29	-0.71	0.35	-0.3	0.45
Cash And Short Term Investments	0.9	0.57	0.65	0.89	0.69	0.22	0.66	0.66	0.66	0.86	0.87	0.13	0.9	0.72	-0.56	0.87	-0.58	0.83	-0.02	0.87	0.29		0.01	0.89	-0.41	0.95
Common Stock Shares Outstanding	-0.12	-0.74	-0.67	-0.14	-0.35	-0.77	-0.07	0.38	-0.5	-0.18	0.01	-0.94	-0.08	-0.51	0.09	-0.13	0.07	-0.17	0.26	-0.14	-0.71	0.01		-0.06	0.62	-0.13
Non Current Liabilities Total	0.98	0.59	0.69	0.97	0.76	0.31	0.65	0.62	0.81	0.95	0.91	0.19	0.98	0.83	-0.51	0.97	-0.55	0.93	-0.08	0.98	0.35	0.89	-0.06		-0.53	0.94
Other Stockholder Equity	-0.57	-0.58	-0.75	-0.56	-0.62	-0.92	-0.41	0.03	-0.6	-0.52	-0.4	-0.62	-0.57	-0.71	0.56	-0.49	0.56	-0.49	0.14	-0.55	-0.3	-0.41	0.62	-0.53		-0.49
Total Current Assets	0.97	0.69	0.74	0.98	0.74	0.33	0.69	0.58	0.77	0.97	0.87	0.3	0.95	0.8	-0.48	0.95	-0.5	0.91	-0.09	0.96	0.45	0.95	-0.13	0.94	-0.49

Click cells to compare fundamentals

Companhia Account Relationship Matchups

Companhia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	46.5B	50.4B	53.2B	57.2B	61.5B	33.0B
Other Current Liab	554.7M	2.3B	2.8B	3.7B	5.1B	5.4B
Total Current Liabilities	6.5B	5.9B	5.1B	6.7B	8.4B	8.8B
Total Stockholder Equity	21.6B	22.8B	24.9B	27.3B	29.9B	15.0B
Other Liab	8.0B	7.5B	7.2B	6.5B	7.5B	7.9B
Retained Earnings	7.5B	8.2B	9.9B	76.9M	14.7B	15.4B
Accounts Payable	369.6M	263.7M	236.8M	430.9M	456.2M	257.1M
Other Assets	8.9B	9.2B	8.7B	8.8B	(1.3B)	(1.2B)
Long Term Debt	9.9B	14.2B	15.5B	16.4B	16.6B	17.4B
Net Receivables	2.5B	2.4B	3.1B	3.5B	3.7B	1.9B
Inventory	70.5M	104.8M	113.5M	124.2M	86.0M	63.4M
Other Current Assets	26.0M	133.7M	93.3M	103.8M	728.9M	765.4M
Total Liab	24.8B	27.6B	28.2B	29.9B	31.6B	17.7B
Property Plant Equipment	385.1M	310.9M	337.3M	338.9M	305.0M	289.8M
Short Long Term Debt Total	13.2B	17.3B	17.7B	19.0B	19.5B	11.6B
Property Plant And Equipment Net	314.4M	268.3M	291.2M	338.9M	592.6M	563.0M
Net Debt	11.0B	16.9B	17.0B	17.1B	18.7B	10.3B
Cash	2.3B	396.4M	717.9M	1.9B	838.5M	1.3B
Non Current Assets Total	41.6B	44.0B	46.7B	49.9B	53.7B	30.7B
Non Currrent Assets Other	210.4M	339.6M	323.7M	10.2B	8.9B	9.4B
Cash And Short Term Investments	2.3B	3.8B	3.2B	3.5B	3.3B	1.8B
Liabilities And Stockholders Equity	46.5B	50.4B	53.2B	57.2B	61.5B	34.1B
Non Current Liabilities Total	18.4B	21.7B	23.1B	23.2B	23.2B	14.4B
Other Stockholder Equity	(7.5B)	(8.2B)	(9.9B)	(76.9M)	(14.7B)	(14.0B)
Total Current Assets	4.9B	6.4B	6.5B	7.3B	7.8B	3.9B
Short Term Debt	2.9B	3.0B	1.8B	2.2B	2.6B	1.6B
Current Deferred Revenue	2.7B	2.1B	2.5B	131.1M	22.0M	20.9M
Property Plant And Equipment Gross	314.4M	268.3M	637.7M	698.7M	1.1B	1.0B
Accumulated Other Comprehensive Income	6.6B	7.8B	9.9B	12.3B	14.9B	15.6B
Intangible Assets	32.3B	34.4B	36.5B	39.3B	43.9B	23.4B
Net Tangible Assets	(9.5B)	(10.6B)	(11.6B)	(11.5B)	(10.3B)	(10.8B)
Long Term Investments	53.2M	63.4M	79.4M	110.8M	161.9M	170.0M
Short Long Term Debt	2.9B	3.0B	1.8B	2.2B	2.5B	2.0B
Long Term Debt Total	10.4B	14.2B	15.9B	16.7B	19.2B	12.5B
Capital Lease Obligations	534.1M	474.6M	523.3M	233.1M	451.5M	428.9M
Non Current Liabilities Other	3.6B	3.7B	3.8B	3.3B	3.2B	3.0B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Companhia Stock Analysis

When running Companhia's price analysis, check to measure Companhia's 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 Companhia is operating at the current time. Most of Companhia's value examination focuses on studying past and present price action to predict the probability of Companhia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia's price. Additionally, you may evaluate how the addition of Companhia to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC