Par Operating Income vs Total Revenue Analysis

PARR Stock

USD 17.63 0.03 0.17%

Par Pacific financial indicator trend analysis is much more than just breaking down Par Pacific Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Par Pacific Holdings is a good investment. Please check the relationship between Par Pacific Operating Income and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Par Pacific Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Operating Income vs Total Revenue

Operating Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Par Pacific Holdings Operating Income account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Par Pacific's Operating Income and Total Revenue is 0.87. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Par Pacific Holdings, assuming nothing else is changed. The correlation between historical values of Par Pacific's Operating Income and Total 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 Operating Income of Par Pacific Holdings are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., Par Pacific's Operating Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Par Pacific Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Par Pacific Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Revenue

Total revenue comprises all receipts Par Pacific Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Par Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Par Pacific Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Par Pacific Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Par Pacific's Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Tax Provision is likely to grow to about 7 M, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	347.8M	404.6M	713.8M	749.5M
Cost Of Revenue	4.4B	6.5B	7.0B	7.3B

Total Operating Expenses Cost Of Revenue

Par Pacific fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Cash	Cash And Short Term Investments	Short Term Debt	Common Stock Total Equity	Common Stock	Other Assets	Long Term Debt	Other Current Assets
Total Assets		0.89	0.9	0.96	0.87	0.93	0.76	0.54	0.92	0.96	0.85	0.96	0.86	0.93	-0.02	0.98	0.97	0.97	0.78	0.78	-0.11	0.93	0.86	0.22	0.91	0.87
Short Long Term Debt Total	0.89		0.75	0.85	0.65	0.96	0.92	0.31	0.76	0.96	0.66	0.76	0.79	0.96	0.13	0.92	0.93	0.76	0.56	0.56	0.18	0.88	0.86	0.31	0.94	0.64
Other Current Liab	0.9	0.75		0.96	0.64	0.84	0.64	0.41	0.73	0.83	0.65	0.82	0.79	0.84	-0.01	0.94	0.88	0.9	0.82	0.82	-0.28	0.82	0.81	0.38	0.77	0.79
Total Current Liabilities	0.96	0.85	0.96		0.75	0.9	0.71	0.38	0.84	0.9	0.76	0.88	0.8	0.88	0.1	0.98	0.95	0.95	0.84	0.84	-0.08	0.88	0.84	0.33	0.82	0.87
Total Stockholder Equity	0.87	0.65	0.64	0.75		0.71	0.5	0.69	0.94	0.79	0.92	0.94	0.73	0.7	-0.12	0.75	0.77	0.89	0.7	0.7	-0.14	0.79	0.65	-0.1	0.73	0.86
Property Plant And Equipment Net	0.93	0.96	0.84	0.9	0.71		0.93	0.32	0.83	0.99	0.72	0.82	0.77	0.97	0.16	0.96	0.98	0.82	0.61	0.61	0.01	0.88	0.84	0.3	0.92	0.73
Net Debt	0.76	0.92	0.64	0.71	0.5	0.93		0.17	0.67	0.9	0.55	0.62	0.65	0.91	0.18	0.82	0.86	0.58	0.28	0.28	0.07	0.76	0.74	0.39	0.87	0.47
Retained Earnings	0.54	0.31	0.41	0.38	0.69	0.32	0.17		0.58	0.43	0.6	0.68	0.64	0.48	-0.79	0.44	0.37	0.61	0.47	0.47	-0.55	0.45	0.36	-0.1	0.53	0.49
Accounts Payable	0.92	0.76	0.73	0.84	0.94	0.83	0.67	0.58		0.87	0.96	0.94	0.71	0.8	-0.03	0.85	0.89	0.91	0.65	0.65	-0.12	0.81	0.67	0.13	0.78	0.9
Non Current Assets Total	0.96	0.96	0.83	0.9	0.79	0.99	0.9	0.43	0.87		0.77	0.88	0.84	0.98	0.07	0.96	0.97	0.86	0.63	0.63	-0.03	0.92	0.88	0.26	0.96	0.75
Non Currrent Assets Other	0.85	0.66	0.65	0.76	0.92	0.72	0.55	0.6	0.96	0.77		0.89	0.68	0.7	-0.09	0.76	0.8	0.87	0.63	0.63	-0.13	0.77	0.61	0.06	0.71	0.92
Net Receivables	0.96	0.76	0.82	0.88	0.94	0.82	0.62	0.68	0.94	0.88	0.89		0.85	0.83	-0.15	0.89	0.87	0.97	0.75	0.75	-0.21	0.88	0.78	0.14	0.83	0.87
Common Stock Shares Outstanding	0.86	0.79	0.79	0.8	0.73	0.77	0.65	0.64	0.71	0.84	0.68	0.85		0.88	-0.25	0.86	0.77	0.83	0.68	0.68	-0.24	0.94	0.94	0.28	0.91	0.63
Non Current Liabilities Total	0.93	0.96	0.84	0.88	0.7	0.97	0.91	0.48	0.8	0.98	0.7	0.83	0.88		-0.06	0.96	0.94	0.82	0.6	0.6	-0.11	0.91	0.89	0.33	0.98	0.67
Other Stockholder Equity	-0.02	0.13	-0.01	0.1	-0.12	0.16	0.18	-0.79	-0.03	0.07	-0.09	-0.15	-0.25	-0.06		0.03	0.13	-0.1	-0.04	-0.04	0.64	0.07	0.08	0.06	-0.11	0.03
Total Liab	0.98	0.92	0.94	0.98	0.75	0.96	0.82	0.44	0.85	0.96	0.76	0.89	0.86	0.96	0.03		0.98	0.92	0.76	0.76	-0.09	0.92	0.89	0.34	0.92	0.81
Property Plant And Equipment Gross	0.97	0.93	0.88	0.95	0.77	0.98	0.86	0.37	0.89	0.97	0.8	0.87	0.77	0.94	0.13	0.98		0.89	0.69	0.69	-0.02	0.89	0.83	0.33	0.9	0.83
Total Current Assets	0.97	0.76	0.9	0.95	0.89	0.82	0.58	0.61	0.91	0.86	0.87	0.97	0.83	0.82	-0.1	0.92	0.89		0.88	0.88	-0.18	0.87	0.79	0.17	0.8	0.93
Cash	0.78	0.56	0.82	0.84	0.7	0.61	0.28	0.47	0.65	0.63	0.63	0.75	0.68	0.6	-0.04	0.76	0.69	0.88		1.0	-0.11	0.71	0.67	-0.01	0.57	0.83
Cash And Short Term Investments	0.78	0.56	0.82	0.84	0.7	0.61	0.28	0.47	0.65	0.63	0.63	0.75	0.68	0.6	-0.04	0.76	0.69	0.88	1.0		-0.11	0.71	0.67	-0.01	0.57	0.83
Short Term Debt	-0.11	0.18	-0.28	-0.08	-0.14	0.01	0.07	-0.55	-0.12	-0.03	-0.13	-0.21	-0.24	-0.11	0.64	-0.09	-0.02	-0.18	-0.11	-0.11		-0.05	-0.04	-0.08	-0.09	-0.11
Common Stock Total Equity	0.93	0.88	0.82	0.88	0.79	0.88	0.76	0.45	0.81	0.92	0.77	0.88	0.94	0.91	0.07	0.92	0.89	0.87	0.71	0.71	-0.05		0.98	0.29	0.92	0.74
Common Stock	0.86	0.86	0.81	0.84	0.65	0.84	0.74	0.36	0.67	0.88	0.61	0.78	0.94	0.89	0.08	0.89	0.83	0.79	0.67	0.67	-0.04	0.98		0.35	0.9	0.61
Other Assets	0.22	0.31	0.38	0.33	-0.1	0.3	0.39	-0.1	0.13	0.26	0.06	0.14	0.28	0.33	0.06	0.34	0.33	0.17	-0.01	-0.01	-0.08	0.29	0.35		0.27	0.05
Long Term Debt	0.91	0.94	0.77	0.82	0.73	0.92	0.87	0.53	0.78	0.96	0.71	0.83	0.91	0.98	-0.11	0.92	0.9	0.8	0.57	0.57	-0.09	0.92	0.9	0.27		0.65
Other Current Assets	0.87	0.64	0.79	0.87	0.86	0.73	0.47	0.49	0.9	0.75	0.92	0.87	0.63	0.67	0.03	0.81	0.83	0.93	0.83	0.83	-0.11	0.74	0.61	0.05	0.65

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Par Pacific Account Relationship Matchups

Par Pacific fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.1B	2.6B	3.3B	3.9B	4.1B
Short Long Term Debt Total	1.0B	1.1B	961.0M	870.6M	1.0B	1.1B
Other Current Liab	771.7M	623.3M	1.1B	1.5B	1.0B	1.1B
Total Current Liabilities	1.0B	878.7M	1.4B	1.8B	1.5B	1.6B
Total Stockholder Equity	648.2M	246.3M	265.7M	644.5M	1.3B	1.4B
Property Plant And Equipment Net	1.4B	1.3B	1.2B	1.2B	1.4B	1.5B
Net Debt	913.1M	1.0B	848.8M	379.7M	739.5M	776.5M
Retained Earnings	(67.9M)	(477.0M)	(559.1M)	(200.7M)	465.9M	489.1M
Accounts Payable	162.4M	106.9M	154.5M	151.4M	391.3M	410.9M
Non Current Assets Total	1.7B	1.5B	1.4B	1.4B	1.9B	2.0B
Non Currrent Assets Other	22.0M	60.6M	56.3M	69.3M	186.7M	196.0M
Net Receivables	228.7M	111.7M	195.1M	252.9M	367.2M	385.6M
Common Stock Shares Outstanding	50.5M	53.3M	58.3M	59.9M	61.0M	64.1M
Liabilities And Stockholders Equity	2.7B	2.1B	2.6B	3.3B	3.9B	4.1B
Non Current Liabilities Total	1.0B	1.0B	948.8M	842.0M	1.0B	1.1B
Other Stockholder Equity	715.1M	726.5M	821.7M	836.5M	860.8M	539.9M
Total Liab	2.1B	1.9B	2.3B	2.6B	2.5B	2.7B
Property Plant And Equipment Gross	1.4B	1.3B	1.6B	1.6B	1.9B	2.0B
Total Current Assets	1.0B	636.5M	1.1B	1.9B	2.0B	2.1B
Accumulated Other Comprehensive Income	582K	(3.7M)	2.5M	8.1M	8.2M	8.6M
Cash	126.0M	68.3M	112.2M	490.9M	279.1M	293.1M
Cash And Short Term Investments	126.0M	68.3M	112.2M	490.9M	279.1M	293.1M
Short Term Debt	92.3M	116.9M	66.0M	78.8M	77.1M	78.2M
Common Stock Total Equity	470K	533K	540K	602K	692.3K	667.7K
Common Stock	533K	540K	602K	604K	597K	546.5K
Other Assets	22.0M	166.6M	2.6B	69.3M	79.7M	75.7M
Long Term Debt	599.6M	648.7M	553.7M	494.6M	646.6M	678.9M
Other Current Assets	5.6M	26.6M	32.5M	96.0M	117.2M	123.1M
Property Plant Equipment	1.4B	1.3B	1.2B	1.2B	1.4B	1.4B
Inventory	615.9M	429.9M	790.3M	1.0B	1.2B	1.3B
Other Liab	70.1M	45.9M	52.3M	48.4M	55.7M	58.5M
Current Deferred Revenue	7.9M	4.1M	399.1M	672.6M	15.2M	14.5M
Good Will	195.9M	128.0M	127.3M	129.3M	129.3M	81.4M
Intangible Assets	21.5M	18.9M	16.2M	13.6M	10.9M	16.6M
Net Tangible Assets	430.8M	99.4M	122.2M	501.6M	576.9M	605.7M
Retained Earnings Total Equity	(148.2M)	(108.8M)	(477.0M)	(559.1M)	(643.0M)	(675.1M)
Capital Surpluse	617.9M	715.1M	726.5M	821.7M	739.5M	540.3M

Pair Trading with Par Pacific

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 Par Pacific 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 Par Pacific will appreciate offsetting losses from the drop in the long position's value.

Moving together with Par Stock

0.9	DINO	HF Sinclair Corp Sell-off Trend	Pair Corr
0.8	DK	Delek Energy	Pair Corr
0.83	BPT	BP Prudhoe Bay	Pair Corr
0.67	CVI	CVR Energy	Pair Corr

Moving against Par Stock

0.64	EE	Excelerate Energy	Pair Corr
0.63	BDCO	Blue Dolphin Energy	Pair Corr
0.6	REPYY	Repsol SA	Pair Corr
0.56	CAPL	Crossamerica Partners	Pair Corr
0.49	MITSY	Mitsui Company	Pair Corr

The ability to find closely correlated positions to Par Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Par Pacific 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 Par Pacific - 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 Par Pacific Holdings to buy it.

The correlation of Par Pacific 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 Par Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Par Pacific Holdings 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 Par Pacific 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 Correlation Correlation Matching

Additional Tools for Par Stock Analysis

When running Par Pacific's price analysis, check to measure Par Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Par Pacific is operating at the current time. Most of Par Pacific's value examination focuses on studying past and present price action to predict the probability of Par Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Par Pacific's price. Additionally, you may evaluate how the addition of Par Pacific to your portfolios can decrease your overall portfolio volatility.

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