InPlay Retained Earnings vs Total Liab Analysis

IPO Stock  CAD 1.80  0.03  1.64%   
InPlay Oil financial indicator trend analysis is infinitely more than just investigating InPlay Oil Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InPlay Oil Corp is a good investment. Please check the relationship between InPlay Oil Retained Earnings and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InPlay Oil 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.

Retained Earnings vs Total Liab

Retained Earnings vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InPlay Oil Corp Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between InPlay Oil's Retained Earnings and Total Liab is 0.06. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab in the same time period over historical financial statements of InPlay Oil Corp, assuming nothing else is changed. The correlation between historical values of InPlay Oil's Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of InPlay Oil Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., InPlay Oil's Retained Earnings and Total Liab go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from InPlay Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InPlay Oil 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InPlay Oil 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, InPlay Oil's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Over EBITDA is likely to grow to 3.73, while Selling General Administrative is likely to drop about 8.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.6M4.9M5.4M5.0M
Depreciation And Amortization28.6M44.8M50.9M30.1M

InPlay Oil fundamental ratios Correlations

0.220.220.790.990.660.980.750.60.490.68-0.310.620.730.070.630.140.22-0.01-0.45-0.430.420.010.35-0.560.49
0.22-0.030.050.230.270.210.2-0.37-0.350.510.140.40.030.2-0.370.470.480.080.020.06-0.130.770.1-0.25-0.47
0.22-0.03-0.070.29-0.150.240.31-0.04-0.030.35-0.270.660.29-0.070.050.620.65-0.14-0.11-0.120.170.010.210.3-0.01
0.790.05-0.070.760.880.850.660.570.710.28-0.060.210.850.170.63-0.32-0.250.26-0.49-0.48-0.02-0.040.45-0.620.58
0.990.230.290.760.610.970.780.60.50.71-0.320.680.760.090.640.180.26-0.01-0.45-0.430.430.020.34-0.550.5
0.660.27-0.150.880.610.690.540.150.350.140.290.060.630.320.2-0.25-0.190.47-0.43-0.42-0.310.350.63-0.430.2
0.980.210.240.850.970.690.710.620.550.69-0.360.650.8-0.020.660.140.22-0.05-0.49-0.470.36-0.030.35-0.620.51
0.750.20.310.660.780.540.710.370.460.420.00.460.830.540.490.010.060.38-0.31-0.330.190.040.21-0.340.43
0.6-0.37-0.040.570.60.150.620.370.820.35-0.590.260.56-0.250.98-0.27-0.23-0.28-0.33-0.330.62-0.64-0.08-0.580.9
0.49-0.35-0.030.710.50.350.550.460.820.09-0.220.070.720.010.87-0.49-0.430.12-0.41-0.420.16-0.440.19-0.480.89
0.680.510.350.280.710.140.690.420.350.09-0.620.930.41-0.20.340.70.73-0.46-0.11-0.080.590.03-0.15-0.510.07
-0.310.14-0.27-0.06-0.320.29-0.360.0-0.59-0.22-0.62-0.6-0.170.55-0.54-0.43-0.410.89-0.17-0.19-0.80.630.440.39-0.26
0.620.40.660.210.680.060.650.460.260.070.93-0.60.45-0.190.290.790.83-0.42-0.13-0.110.520.02-0.04-0.30.05
0.730.030.290.850.760.630.80.830.560.720.41-0.170.450.320.66-0.08-0.030.25-0.35-0.350.09-0.140.26-0.510.6
0.070.2-0.070.170.090.32-0.020.54-0.250.01-0.20.55-0.190.32-0.15-0.23-0.280.710.310.29-0.30.330.070.13-0.07
0.63-0.370.050.630.640.20.660.490.980.870.34-0.540.290.66-0.15-0.29-0.24-0.2-0.34-0.350.55-0.62-0.04-0.550.93
0.140.470.62-0.320.18-0.250.140.01-0.27-0.490.7-0.430.79-0.08-0.23-0.290.99-0.50.180.210.350.22-0.150.08-0.51
0.220.480.65-0.250.26-0.190.220.06-0.23-0.430.73-0.410.83-0.03-0.28-0.240.99-0.460.020.050.340.24-0.060.04-0.45
-0.010.08-0.140.26-0.010.47-0.050.38-0.280.12-0.460.89-0.420.250.71-0.2-0.5-0.46-0.29-0.31-0.660.460.430.170.04
-0.450.02-0.11-0.49-0.45-0.43-0.49-0.31-0.33-0.41-0.11-0.17-0.13-0.350.31-0.340.180.02-0.291.00.08-0.11-0.570.27-0.45
-0.430.06-0.12-0.48-0.43-0.42-0.47-0.33-0.33-0.42-0.08-0.19-0.11-0.350.29-0.350.210.05-0.311.00.09-0.08-0.560.25-0.46
0.42-0.130.17-0.020.43-0.310.360.190.620.160.59-0.80.520.09-0.30.550.350.34-0.660.080.09-0.56-0.44-0.320.33
0.010.770.01-0.040.020.35-0.030.04-0.64-0.440.030.630.02-0.140.33-0.620.220.240.46-0.11-0.08-0.560.520.14-0.52
0.350.10.210.450.340.630.350.21-0.080.19-0.150.44-0.040.260.07-0.04-0.15-0.060.43-0.57-0.56-0.440.520.00.1
-0.56-0.250.3-0.62-0.55-0.43-0.62-0.34-0.58-0.48-0.510.39-0.3-0.510.13-0.550.080.040.170.270.25-0.320.140.0-0.39
0.49-0.47-0.010.580.50.20.510.430.90.890.07-0.260.050.6-0.070.93-0.51-0.450.04-0.45-0.460.33-0.520.1-0.39
Click cells to compare fundamentals

InPlay Oil Account Relationship Matchups

InPlay Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets298.0M211.0M406.5M430.9M473.0M270.7M
Other Current Liab7.3M1.3M524K14.8M10.2M13.7M
Total Current Liabilities15.4M60.4M81.2M42.4M35.6M47.3M
Total Stockholder Equity157.6M45.7M189.4M273.1M294.4M309.1M
Property Plant And Equipment Net255.3M201.7M361.5M375.6M409.4M235.0M
Retained Earnings(92.2M)(204.8M)(89.7M)(8.5M)8.1M8.5M
Non Current Assets Total285.6M201.7M382.9M395.3M439.9M346.8M
Net Receivables8.8M6.3M16.9M22.5M19.1M12.4M
Liabilities And Stockholders Equity298.0M211.0M406.5M430.9M473.0M270.7M
Non Current Liabilities Total125.0M104.9M135.9M115.4M143.0M122.9M
Other Current Assets3.3M2.8M3.5M6.6M5.1M3.5M
Total Liab140.4M165.3M217.1M157.9M178.6M175.6M
Property Plant And Equipment Gross255.3M201.7M628.9M684.6M777.8M816.7M
Total Current Assets12.4M9.3M23.6M35.6M33.1M18.5M
Short Long Term Debt Total54.7M64.4M79.7M29.5M51.3M56.2M
Net Debt55.8M64.9M80.3M29.9M51.3M54.6M
Accounts Payable7.6M13.5M16.7M27.3M25.2M19.4M
Cash And Short Term Investments(1.1M)(553K)(578K)(320K)(288K)(273.6K)
Other Stockholder Equity15.4M16.1M16.6M18.2M19.5M18.6M
Short Term Debt462K39.1M53.2M320K304K288.8K
Other Liab70.8M79.6M109.4M86.2M99.1M65.5M
Net Tangible Assets157.6M45.7M189.4M273.1M314.0M329.7M
Other Assets30.3M0.021.4M19.7M1.00.95
Inventory1.4M874K3.7M6.8M8.9M9.3M
Property Plant Equipment255.3M201.7M361.5M375.6M431.9M243.0M
Long Term Debt53.6M25.2M26.3M29.2M47.2M34.0M
Capital Surpluse15.4M16.1M16.6M18.2M21.0M15.3M
Non Currrent Assets Other4.5M306.4M285.6M12.0M13.8M13.1M
Long Term Debt Total54.2M25.3M26.5M29.2M26.3M29.2M
Net Invested Capital211.2M109.6M268.5M302.3M341.5M266.7M
Net Working Capital(3.0M)(51.0M)(57.6M)(6.8M)(2.6M)(2.7M)

Pair Trading with InPlay Oil

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 InPlay Oil 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 InPlay Oil will appreciate offsetting losses from the drop in the long position's value.

Moving against InPlay Stock

  0.86FFH Fairfax FinancialPairCorr
  0.79FFH-PC Fairfax Fin HldPairCorr
  0.77ENS E Split CorpPairCorr
  0.77ENS-PA E Split CorpPairCorr
  0.7ENB-PFV Enbridge Pref 5PairCorr
The ability to find closely correlated positions to InPlay Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InPlay Oil 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 InPlay Oil - 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 InPlay Oil Corp to buy it.
The correlation of InPlay Oil 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 InPlay Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InPlay Oil Corp 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 InPlay Oil 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 InPlay Stock

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