Prairie Provident Resources Stock Working Capital

PPR Stock  CAD 0.04  0.01  16.67%   
Prairie Provident Resources fundamentals help investors to digest information that contributes to Prairie Provident's financial success or failures. It also enables traders to predict the movement of Prairie Stock. The fundamental analysis module provides a way to measure Prairie Provident's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Prairie Provident stock.
Last ReportedProjected for Next Year
Net Working Capital-67.3 M-63.9 M
Change In Working Capital-6.1 M-5.8 M
As of the 3rd of December 2024, Net Working Capital is likely to grow to about (63.9 M). In addition to that, Change In Working Capital is likely to grow to about (5.8 M).
  
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Prairie Provident Resources Company Working Capital Analysis

Prairie Provident's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Prairie Provident Working Capital

    
  (67.31 M)  
Most of Prairie Provident's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Prairie Provident Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Prairie Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Prairie Provident is extremely important. It helps to project a fair market value of Prairie Stock properly, considering its historical fundamentals such as Working Capital. Since Prairie Provident's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Prairie Provident's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Prairie Provident's interrelated accounts and indicators.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Prairie Capital Surpluse

Capital Surpluse

47.19 Million

At this time, Prairie Provident's Capital Surpluse is very stable compared to the past year.
Based on the company's disclosures, Prairie Provident Resources has a Working Capital of (67.31 Million). This is 76.99% lower than that of the Oil, Gas & Consumable Fuels sector and 105.42% lower than that of the Energy industry. The working capital for all Canada stocks is 104.55% higher than that of the company.

Prairie Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prairie Provident's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Prairie Provident could also be used in its relative valuation, which is a method of valuing Prairie Provident by comparing valuation metrics of similar companies.
Prairie Provident is currently under evaluation in working capital category among its peers.

Prairie Fundamentals

About Prairie Provident Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Prairie Provident Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prairie Provident using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prairie Provident Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Other Information on Investing in Prairie Stock

Prairie Provident financial ratios help investors to determine whether Prairie 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 Prairie with respect to the benefits of owning Prairie Provident security.