Energy Ev To Sales vs Price To Sales Ratio Analysis

CIG-C Stock  USD 2.73  0.07  2.63%   
Energy Of financial indicator trend analysis is much more than just examining Energy of Minas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy of Minas is a good investment. Please check the relationship between Energy Of Ev To Sales and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Energy of Minas. 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.

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy of Minas Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Energy Of's Ev To Sales and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Energy of Minas, assuming nothing else is changed. The correlation between historical values of Energy Of's Ev To Sales and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Energy of Minas are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ev To Sales i.e., Energy Of's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Energy of Minas stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Energy Of sales, a figure that is much harder to manipulate than other Energy of Minas multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Energy Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy of Minas 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Energy of Minas. 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.
At present, Energy Of's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense2.5B1.0B1.2B1.2B
Depreciation And Amortization1.2B1.3B1.5B938.7M

Energy Of fundamental ratios Correlations

0.510.570.720.82-0.780.20.520.580.660.090.920.590.490.70.760.720.560.840.51-0.550.94-0.350.8-0.080.68
0.510.130.590.05-0.380.020.98-0.140.110.330.440.210.680.250.36-0.010.630.60.450.020.71-0.490.440.650.1
0.570.130.730.29-0.45-0.170.170.330.29-0.170.260.14-0.060.350.420.310.080.35-0.01-0.330.62-0.30.86-0.310.36
0.720.590.730.35-0.380.130.580.130.290.190.480.180.390.420.40.320.360.410.23-0.30.8-0.210.860.310.31
0.820.050.290.35-0.640.380.030.770.780.110.890.630.340.70.680.850.340.580.47-0.680.57-0.020.43-0.310.78
-0.78-0.38-0.45-0.38-0.640.12-0.46-0.46-0.510.31-0.77-0.34-0.24-0.44-0.8-0.59-0.54-0.84-0.310.49-0.750.69-0.550.33-0.61
0.20.02-0.170.130.380.12-0.060.530.630.390.320.440.220.70.370.270.08-0.050.33-0.580.040.42-0.070.290.58
0.520.980.170.580.03-0.46-0.06-0.150.090.150.450.160.590.220.380.00.640.640.380.020.73-0.580.450.580.09
0.58-0.140.330.130.77-0.460.53-0.150.92-0.020.650.760.090.860.730.620.230.450.37-0.730.370.050.29-0.440.89
0.660.110.290.290.78-0.510.630.090.920.10.740.70.270.940.820.580.380.480.44-0.820.47-0.030.31-0.180.95
0.090.33-0.170.190.110.310.390.15-0.020.10.090.30.650.20.0-0.050.1-0.050.490.020.060.290.060.520.08
0.920.440.260.480.89-0.770.320.450.650.740.090.660.470.730.760.780.540.810.55-0.610.79-0.260.5-0.040.73
0.590.210.140.180.63-0.340.440.160.760.70.30.660.360.690.560.480.310.570.47-0.40.480.040.28-0.050.65
0.490.68-0.060.390.34-0.240.220.590.090.270.650.470.360.320.330.060.810.480.730.010.53-0.160.360.470.23
0.70.250.350.420.7-0.440.70.220.860.940.20.730.690.320.790.570.370.530.47-0.810.57-0.030.42-0.050.89
0.760.360.420.40.68-0.80.370.380.730.820.00.760.560.330.790.50.510.710.46-0.710.68-0.450.51-0.190.91
0.72-0.010.310.320.85-0.590.270.00.620.58-0.050.780.480.060.570.50.080.50.33-0.630.50.030.39-0.340.57
0.560.630.080.360.34-0.540.080.640.230.380.10.540.310.810.370.510.080.670.6-0.070.63-0.440.410.210.34
0.840.60.350.410.58-0.84-0.050.640.450.48-0.050.810.570.480.530.710.50.670.5-0.320.88-0.620.62-0.140.51
0.510.45-0.010.230.47-0.310.330.380.370.440.490.550.470.730.470.460.330.60.5-0.160.45-0.110.280.20.4
-0.550.02-0.33-0.3-0.680.49-0.580.02-0.73-0.820.02-0.61-0.40.01-0.81-0.71-0.63-0.07-0.32-0.16-0.370.15-0.280.25-0.86
0.940.710.620.80.57-0.750.040.730.370.470.060.790.480.530.570.680.50.630.880.45-0.37-0.520.860.070.5
-0.35-0.49-0.3-0.21-0.020.690.42-0.580.05-0.030.29-0.260.04-0.16-0.03-0.450.03-0.44-0.62-0.110.15-0.52-0.390.14-0.17
0.80.440.860.860.43-0.55-0.070.450.290.310.060.50.280.360.420.510.390.410.620.28-0.280.86-0.39-0.10.38
-0.080.65-0.310.31-0.310.330.290.58-0.44-0.180.52-0.04-0.050.47-0.05-0.19-0.340.21-0.140.20.250.070.14-0.1-0.26
0.680.10.360.310.78-0.610.580.090.890.950.080.730.650.230.890.910.570.340.510.4-0.860.5-0.170.38-0.26
Click cells to compare fundamentals

Energy Of Account Relationship Matchups

Energy Of fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets54.1B52.0B53.7B55B63.3B37.9B
Short Long Term Debt Total15.2B11.6B10.9B10.3B11.8B11.0B
Other Current Liab4.1B4.8B4.6B5.1B5.8B6.1B
Total Current Liabilities9.7B10.7B11.2B13.1B15.1B9.2B
Total Stockholder Equity17.5B19.5B21.8B22.8B26.2B13.6B
Property Plant And Equipment Net2.6B2.6B2.7B3.7B3.3B6.1B
Current Deferred Revenue1.1B1.4B2.3B5.3B6.1B6.4B
Net Debt13.6B10.8B9.5B8.7B10.0B9.5B
Retained Earnings10.1B10.9B10.4B13.0B15.0B15.7B
Accounts Payable2.4B2.9B3.3B3.7B4.3B4.5B
Cash1.7B825M1.4B1.5B1.8B1.5B
Non Current Assets Total38.6B39.1B40.2B43.1B49.6B28.7B
Non Currrent Assets Other11.8B10.6B9.5B10.8B12.4B13.1B
Cash And Short Term Investments5.3B4.1B4.2B3.1B3.6B2.9B
Net Receivables5.1B5.0B5.5B7.4B8.5B8.9B
Common Stock Shares Outstanding2.2B2.2B2.2B2.9B2.6B1.9B
Short Term Investments3.6B3.2B2.8B1.6B1.8B2.0B
Liabilities And Stockholders Equity54.1B52.0B53.7B55B63.3B37.9B
Non Current Liabilities Total26.9B21.9B20.7B17.3B19.8B15.0B
Other Current Assets2.4B862M889M1.4B1.6B1.1B
Other Stockholder Equity(265K)(963K)(14.1B)(16.5B)(14.9B)(14.1B)
Total Liab36.6B32.6B31.9B30.3B34.9B24.2B
Property Plant And Equipment Gross2.6B7.9B2.7B9.1B8.2B6.5B
Total Current Assets15.5B12.9B13.5B11.9B13.6B9.2B
Accumulated Other Comprehensive Income12.3B13.2B12.6B15.3B17.6B18.5B
Short Term Debt2.1B1.5B1.0B2.7B3.1B2.9B
Inventory1.8B(1.7B)(1.7B)(1.1B)(1.0B)(976.4M)
Intangible Assets11.8B13.0B14.6B15.2B17.5B18.4B
Other Liab7.9B13.9B13.8B11.8B13.6B9.4B
Net Tangible Assets(1.1B)(588.2M)1.9B1.5B1.4B1.4B
Other Assets(1M)11.8B11.9B12.0B13.8B14.4B
Long Term Debt13.0B9.9B9.6B7.2B8.3B11.1B
Long Term Investments6.2B10.4B10.2B10.4B11.9B10.5B
Short Long Term Debt2.1B1.5B955M2.6B2.4B2.6B
Property Plant Equipment2.7B2.7B2.6B2.6B2.4B2.9B
Capital Lease Obligations227M244M354M433M498.0M522.8M

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Other Information on Investing in Energy Stock

Balance Sheet is a snapshot of the financial position of Energy of Minas at a specified time, usually calculated after every quarter, six months, or one year. Energy Of Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Energy Of and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Energy currently owns. An asset can also be divided into two categories, current and non-current.