Prominence Net Debt from 2010 to 2026

RSX Stock  EUR 0.0005  0.01  92.31%   
Prominence Energy's Net Debt is increasing over the last several years with slightly volatile swings. Net Debt is predicted to flatten to about 1.4 M. Net Debt is the total debt of Prominence Energy Limited minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
1.8 M
Current Value
1.4 M
Quarterly Volatility
270.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Prominence Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prominence Energy's main balance sheet or income statement drivers, such as Interest Expense of 1.2 K, Selling General Administrative of 1.1 M or Total Revenue of 0.0, as well as many indicators such as . Prominence financial statements analysis is a perfect complement when working with Prominence Energy Valuation or Volatility modules.
  
This module can also supplement various Prominence Energy Technical models . Check out the analysis of Prominence Energy Correlation against competitors.
The Net Debt trend for Prominence Energy Limited offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Prominence Energy is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Prominence Energy's Net Debt Growth Pattern

Below is the plot of the Net Debt of Prominence Energy Limited 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. Prominence Energy's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prominence Energy's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Prominence Net Debt Regression Statistics

Arithmetic Mean1,340,461
Geometric Mean1,315,333
Coefficient Of Variation20.19
Mean Deviation250,533
Median1,235,208
Standard Deviation270,668
Sample Variance73.3B
Range748.7K
R-Value0.86
Mean Square Error20.8B
R-Squared0.73
Significance0.000011
Slope45,913
Total Sum of Squares1.2T

Prominence Net Debt History

20261.4 M
20251.8 M
20191.6 M
20181.2 M

About Prominence Energy Financial Statements

Prominence Energy stakeholders use historical fundamental indicators, such as Prominence Energy's Net Debt, to determine how well the company is positioned to perform in the future. Although Prominence Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prominence Energy's assets and liabilities are reflected in the revenues and expenses on Prominence Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prominence Energy Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt1.8 M1.4 M

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Other Information on Investing in Prominence Stock

Prominence Energy financial ratios help investors to determine whether Prominence 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 Prominence with respect to the benefits of owning Prominence Energy security.