0H6G Stock | | | 12.90 0.47 3.78% |
AES Corp financial indicator trend analysis is way more than just evaluating AES Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES Corp is a good investment. Please check the relationship between AES Corp Total Revenue and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AES Corp. 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 Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AES Corp Total Revenue account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AES Corp's Total Revenue and Gross Profit is 0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of AES Corp, assuming nothing else is changed. The correlation between historical values of AES Corp's Total Revenue and Gross Profit 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 Revenue of AES Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., AES Corp's Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts AES Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of AES Corp minus its cost of goods sold. It is profit before AES Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from AES Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES Corp 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 AES Corp. 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 this time, AES Corp's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 4.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 164.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.7B | 2.5B | 2.5B | 2.2B | Total Revenue | 11.1B | 12.6B | 12.7B | 10.1B |
AES Corp fundamental ratios Correlations
Click cells to compare fundamentals
AES Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AES Corp fundamental ratios Accounts
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Additional Tools for AES Stock Analysis
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measure AES Corp'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 AES Corp is operating at the current time. Most of AES Corp's value examination focuses on studying past and present price action to
predict the probability of AES Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AES Corp's price. Additionally, you may evaluate how the addition of AES Corp to your portfolios can decrease your overall portfolio volatility.