Gibson Property Plant And Equipment Net vs Current Deferred Revenue Analysis

GEI Stock  CAD 23.76  0.19  0.81%   
Gibson Energy financial indicator trend analysis is much more than just examining Gibson Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gibson Energy is a good investment. Please check the relationship between Gibson Energy Property Plant And Equipment Net and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gibson Energy. 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.

Property Plant And Equipment Net vs Current Deferred Revenue

Property Plant And Equipment Net vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gibson Energy Property Plant And Equipment Net account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gibson Energy's Property Plant And Equipment Net and Current Deferred Revenue is 0.53. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Gibson Energy, assuming nothing else is changed. The correlation between historical values of Gibson Energy's Property Plant And Equipment Net and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Gibson Energy are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Net i.e., Gibson Energy's Property Plant And Equipment Net and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Gibson Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gibson Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gibson Energy. 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.
As of the 26th of November 2024, Tax Provision is likely to grow to about 74.7 M, while Selling General Administrative is likely to drop about 69.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense61.3M65.5M108.0M80.8M
Depreciation And Amortization173.9M144.5M142.5M176.4M

Gibson Energy fundamental ratios Correlations

0.86-0.060.850.20.930.480.83-0.540.760.750.98-0.020.750.54-0.070.750.640.480.890.33-0.10.540.910.760.69
0.860.160.83-0.310.950.61.0-0.790.720.480.870.160.480.29-0.510.750.750.711.00.5-0.060.810.990.80.5
-0.060.16-0.07-0.350.170.060.17-0.37-0.34-0.090.0-0.19-0.08-0.61-0.50.210.14-0.020.12-0.330.560.330.090.1-0.27
0.850.83-0.07-0.10.780.560.81-0.540.910.620.780.050.620.68-0.260.60.570.570.830.64-0.20.530.890.780.81
0.2-0.31-0.35-0.1-0.07-0.42-0.350.54-0.060.460.18-0.310.460.310.87-0.02-0.27-0.55-0.24-0.430.04-0.53-0.22-0.270.2
0.930.950.170.78-0.070.530.94-0.740.650.590.950.050.590.28-0.360.820.750.580.970.31-0.030.740.960.770.47
0.480.60.060.56-0.420.530.61-0.470.40.180.480.130.170.22-0.430.230.370.630.590.39-0.240.360.60.760.28
0.831.00.170.81-0.350.940.61-0.80.710.430.840.180.430.27-0.540.740.750.720.990.51-0.070.830.980.790.48
-0.54-0.79-0.37-0.540.54-0.74-0.47-0.8-0.45-0.13-0.57-0.3-0.130.020.81-0.83-0.9-0.8-0.78-0.29-0.11-0.97-0.75-0.72-0.21
0.760.72-0.340.91-0.060.650.40.71-0.450.460.670.110.460.82-0.180.510.470.580.730.8-0.390.470.780.70.82
0.750.48-0.090.620.460.590.180.43-0.130.460.71-0.251.00.430.30.450.280.060.510.07-0.030.110.550.470.59
0.980.870.00.780.180.950.480.84-0.570.670.710.010.710.41-0.090.770.660.50.90.24-0.120.560.90.740.53
-0.020.16-0.190.05-0.310.050.130.18-0.30.11-0.250.01-0.260.04-0.340.250.330.650.160.07-0.160.380.14-0.06-0.12
0.750.48-0.080.620.460.590.170.43-0.130.461.00.71-0.260.430.30.460.280.050.510.06-0.020.110.550.470.6
0.540.29-0.610.680.310.280.220.270.020.820.430.410.040.430.250.170.10.220.320.59-0.450.010.40.390.84
-0.07-0.51-0.5-0.260.87-0.36-0.43-0.540.81-0.180.3-0.09-0.340.30.25-0.42-0.56-0.66-0.46-0.33-0.16-0.81-0.44-0.420.04
0.750.750.210.6-0.020.820.230.74-0.830.510.450.770.250.460.17-0.420.90.630.770.10.140.820.760.610.36
0.640.750.140.57-0.270.750.370.75-0.90.470.280.660.330.280.1-0.560.90.720.760.160.120.860.740.630.29
0.480.71-0.020.57-0.550.580.630.72-0.80.580.060.50.650.050.22-0.660.630.720.70.51-0.240.780.70.680.26
0.891.00.120.83-0.240.970.590.99-0.780.730.510.90.160.510.32-0.460.770.760.70.47-0.080.790.990.80.52
0.330.5-0.330.64-0.430.310.390.51-0.290.80.070.240.070.060.59-0.330.10.160.510.47-0.50.320.520.520.55
-0.1-0.060.56-0.20.04-0.03-0.24-0.07-0.11-0.39-0.03-0.12-0.16-0.02-0.45-0.160.140.12-0.24-0.08-0.50.15-0.1-0.220.02
0.540.810.330.53-0.530.740.360.83-0.970.470.110.560.380.110.01-0.810.820.860.780.790.320.150.760.610.24
0.910.990.090.89-0.220.960.60.98-0.750.780.550.90.140.550.4-0.440.760.740.70.990.52-0.10.760.820.59
0.760.80.10.78-0.270.770.760.79-0.720.70.470.74-0.060.470.39-0.420.610.630.680.80.52-0.220.610.820.54
0.690.5-0.270.810.20.470.280.48-0.210.820.590.53-0.120.60.840.040.360.290.260.520.550.020.240.590.54
Click cells to compare fundamentals

Gibson Energy Account Relationship Matchups

Gibson Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.1B3.4B3.2B4.9B3.4B
Short Long Term Debt Total1.4B1.6B1.7B1.7B2.8B1.4B
Other Current Liab117.5M115.4M104.7M97.3M155.2M137.6M
Total Current Liabilities589.2M531.3M796.5M685.7M956.6M672.6M
Total Stockholder Equity760.6M679.7M644.1M573.0M912.5M740.8M
Property Plant And Equipment Net1.7B1.7B1.7B1.8B3.2B1.7B
Current Deferred Revenue66.1M45.4M31.7M21.0M112.0M117.6M
Net Debt1.3B1.5B1.7B1.6B2.6B1.4B
Retained Earnings(1.3B)(1.4B)(1.4B)(1.5B)(1.5B)(1.5B)
Accounts Payable369.3M339.3M630.3M530.2M661.4M451.3M
Cash47.2M53.7M62.7M83.6M143.8M80.4M
Non Current Assets Total2.3B2.5B2.4B2.4B3.9B2.6B
Non Currrent Assets Other183.8M174.0M165.8M1.6M153K145.4K
Cash And Short Term Investments47.2M53.7M62.7M83.6M143.8M80.8M
Net Receivables440.3M338.8M676.8M460.4M638.0M527.8M
Good Will360.6M360.1M359.9M362.1M410.2M397.3M
Common Stock Total Equity1.9B2.0B2.0B2.0B2.3B1.8B
Common Stock Shares Outstanding147.6M148.7M149.1M148.8M151.7M143.6M
Short Term Investments7.5M8.5M8.9M5.9M6.8M7.1M
Liabilities And Stockholders Equity3.0B3.1B3.4B3.2B4.9B3.4B
Non Current Liabilities Total1.6B1.9B2.0B1.9B3.1B1.7B
Inventory137.2M163.1M255.1M263.7M248.2M189.8M
Other Current Assets60.3M29.4M11.8M9.7M14.1M13.4M
Other Stockholder Equity53.3M61.8M66.0M60.4M65.1M46.3M
Total Liab2.2B2.4B2.8B2.6B4.0B2.4B
Property Plant And Equipment Gross1.7B1.7B2.7B2.9B4.3B4.6B
Total Current Assets685.0M585.0M1.0B821.5M1.1B867.7M
Accumulated Other Comprehensive Income32.6M24.1M24.3M48.2M48.5M72.8M
Short Term Debt36.3M31.2M29.7M37.2M28.0M37.7M
Intangible Assets33.6M35.8M34.4M29.1M116.0M82.7M
Common Stock2.0B2.0B2.0B2.0B2.3B1.9B
Other Liab287.6M335.2M278.5M255.0M229.5M235.4M
Net Tangible Assets366.4M283.7M249.9M181.9M163.7M296.8M
Other Assets222.7M210.8M193.2M20.7M23.9M22.7M
Long Term Debt1.2B1.4B1.7B1.6B2.7B1.6B
Property Plant Equipment1.7B1.7B1.7B1.6B1.8B1.7B
Long Term Debt Total1.3B1.5B1.7B1.7B1.9B1.6B
Capital Surpluse46.3M61.8M66.0M60.4M69.5M56.3M
Long Term Investments201.6M315.0M336.4M165.1M161.1M215.8M

Pair Trading with Gibson Energy

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 Gibson Energy 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 Gibson Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gibson Stock

  0.84ENB-PFV Enbridge Pref 5PairCorr
  0.77ENB-PFU Enbridge Pref LPairCorr
  0.85ENS E Split CorpPairCorr
  0.7ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Gibson Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gibson Energy 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 Gibson Energy - 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 Gibson Energy to buy it.
The correlation of Gibson Energy 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 Gibson Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gibson Energy 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 Gibson Energy 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Gibson Stock

Balance Sheet is a snapshot of the financial position of Gibson Energy at a specified time, usually calculated after every quarter, six months, or one year. Gibson Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gibson Energy 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 Gibson currently owns. An asset can also be divided into two categories, current and non-current.