Peyto Net Debt from 2010 to 2026
| PEY Stock | CAD 25.64 0.80 3.22% |
Net Debt | First Reported 1998-09-30 | Previous Quarter 1.3 B | Current Value 1.2 B | Quarterly Volatility 451.3 M |
Check Peyto ExplorationDevel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Peyto ExplorationDevel's main balance sheet or income statement drivers, such as Interest Expense of 117.9 M, Selling General Administrative of 26.9 M or Total Revenue of 540.9 M, as well as many indicators such as Price To Sales Ratio of 5.76, Dividend Yield of 0.0711 or PTB Ratio of 1.36. Peyto financial statements analysis is a perfect complement when working with Peyto ExplorationDevel Valuation or Volatility modules.
Peyto | Net Debt |
Evaluating Peyto ExplorationDevel's Net Debt across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Peyto ExplorationDevelopment Corp's fundamental strength.
Latest Peyto ExplorationDevel's Net Debt Growth Pattern
Below is the plot of the Net Debt of Peyto ExplorationDevelopment Corp over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Peyto ExplorationDevel's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Peyto ExplorationDevel's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Peyto Net Debt Regression Statistics
| Arithmetic Mean | 1,026,786,028 | |
| Coefficient Of Variation | 39.75 | |
| Mean Deviation | 295,972,273 | |
| Median | 1,067,898,000 | |
| Standard Deviation | 408,150,721 | |
| Sample Variance | 166587T | |
| Range | 1.6B | |
| R-Value | 0.85 | |
| Mean Square Error | 50806T | |
| R-Squared | 0.71 | |
| Significance | 0.00002 | |
| Slope | 68,300,475 | |
| Total Sum of Squares | 2665392.2T |
Peyto Net Debt History
About Peyto ExplorationDevel Financial Statements
Peyto ExplorationDevel investors utilize fundamental indicators, such as Net Debt, to predict how Peyto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | 1.6 B | 1.6 B | |
| Net Debt To EBITDA | 1.82 | 1.73 |
Pair Trading with Peyto ExplorationDevel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Peyto ExplorationDevel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Peyto ExplorationDevel will appreciate offsetting losses from the drop in the long position's value.Moving together with Peyto Stock
| 0.77 | ENB-PFV | Enbridge Pref 5 Earnings Call This Week | PairCorr |
| 0.64 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
Moving against Peyto Stock
The ability to find closely correlated positions to Peyto ExplorationDevel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peyto ExplorationDevel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Peyto ExplorationDevel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Peyto ExplorationDevelopment Corp to buy it.
The correlation of Peyto ExplorationDevel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Peyto ExplorationDevel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peyto ExplorationDevel moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Peyto ExplorationDevel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Peyto Stock
Peyto ExplorationDevel financial ratios help investors to determine whether Peyto Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Peyto with respect to the benefits of owning Peyto ExplorationDevel security.