PBF Total Assets vs Other Liab Analysis
PBF Stock | USD 32.15 0.52 1.64% |
PBF Energy financial indicator trend analysis is much more than just breaking down PBF Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PBF Energy is a good investment. Please check the relationship between PBF Energy Total Assets and its Other Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PBF 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 bureau of labor statistics. For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.
Total Assets vs Other Liab
Total Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PBF Energy Total Assets account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between PBF Energy's Total Assets and Other Liab is 0.68. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of PBF Energy, assuming nothing else is changed. The correlation between historical values of PBF Energy's Total Assets and Other 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 Total Assets of PBF Energy are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., PBF Energy's Total Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of PBF Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PBF Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Liab
Most indicators from PBF Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PBF 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PBF 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 bureau of labor statistics. For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.At this time, PBF Energy's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 309M | 248M | 285.2M | 214.8M | Tax Provision | 12.1M | 584.8M | 997.5M | 1.0B |
PBF Energy fundamental ratios Correlations
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PBF Energy Account Relationship Matchups
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PBF Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.1B | 10.5B | 11.6B | 13.5B | 14.4B | 7.9B | |
Total Current Liabilities | 2.5B | 2.5B | 3.8B | 5.2B | 4.2B | 2.4B | |
Total Stockholder Equity | 3.6B | 2.2B | 2.5B | 5.1B | 6.5B | 6.8B | |
Property Plant And Equipment Net | 4.4B | 5.8B | 5.6B | 6.0B | 5.8B | 3.5B | |
Net Debt | 1.6B | 4.0B | 3.7B | 438.3M | 260.7M | 247.7M | |
Retained Earnings | 401.2M | (1.0B) | (796.1M) | 2.1B | 4.1B | 4.3B | |
Accounts Payable | 601.4M | 407M | 911.7M | 854.6M | 959M | 518.6M | |
Cash | 814.9M | 1.6B | 1.3B | 2.2B | 1.8B | 1.9B | |
Non Current Assets Total | 5.3B | 6.6B | 6.4B | 7.0B | 7.8B | 4.3B | |
Non Currrent Assets Other | 930.6M | 862.1M | 813.3M | 962.7M | 1.1B | 1.2B | |
Cash And Short Term Investments | 814.9M | 1.6B | 1.3B | 2.2B | 1.8B | 1.9B | |
Common Stock Shares Outstanding | 121.9M | 120.7M | 122.6M | 126.9M | 130.5M | 96.7M | |
Liabilities And Stockholders Equity | 9.1B | 10.5B | 11.6B | 13.5B | 14.4B | 7.9B | |
Non Current Liabilities Total | 3.0B | 5.8B | 5.3B | 3.3B | 3.5B | 2.7B | |
Other Current Assets | 51.6M | 117.6M | 150M | 122.8M | 267.5M | 280.9M | |
Other Stockholder Equity | 3.2B | 2.7B | 2.7B | 2.9B | 2.4B | 1.9B | |
Total Liab | 5.5B | 8.3B | 9.1B | 8.5B | 7.8B | 5.2B | |
Property Plant And Equipment Gross | 4.4B | 5.8B | 7.1B | 7.7B | 7.7B | 3.9B | |
Total Current Assets | 3.8B | 3.9B | 5.2B | 6.5B | 6.6B | 3.6B | |
Accumulated Other Comprehensive Income | (8.3M) | (9.1M) | 17.3M | (1.5M) | (12.3M) | (12.9M) | |
Short Long Term Debt Total | 2.4B | 5.6B | 5.0B | 2.6B | 2.0B | 2.4B | |
Other Current Liab | 1.8B | 1.8B | 2.6B | 3.6B | 3.0B | 1.9B | |
Other Liab | 721.3M | 368.1M | 412.1M | 1.2B | 1.4B | 1.5B | |
Current Deferred Revenue | 21.9M | 51.2M | 46.2M | 40.6M | 64.1M | 49.8M | |
Other Assets | 930.6M | 1.8B | 813.3M | 953.6M | 1.1B | 795.9M | |
Long Term Debt | 2.1B | 4.7B | 4.3B | 1.4B | 1.2B | 2.0B | |
Net Receivables | 835M | 512.9M | 1.3B | 1.5B | 1.4B | 801.0M | |
Inventory | 2.1B | 1.7B | 2.5B | 2.8B | 3.2B | 2.0B | |
Short Term Debt | 78.6M | 100.2M | 76M | 596.4M | 143.4M | 254.7M | |
Intangible Assets | 24.3M | 10.1M | 9.6M | 236.2M | 216.4M | 227.2M | |
Property Plant Equipment | 4.0B | 4.8B | 4.9B | 5.4B | 6.2B | 3.4B | |
Net Tangible Assets | 3.0B | 1.6B | 1.7B | 4.9B | 5.7B | 6.0B | |
Noncontrolling Interest In Consolidated Entity | 545.9M | 559.5M | 606.6M | 126.8M | 114.1M | 108.4M | |
Retained Earnings Total Equity | 401.2M | (1.0B) | (796.1M) | 2.1B | 2.4B | 2.5B | |
Long Term Debt Total | 2.1B | 4.7B | 4.3B | 1.4B | 1.7B | 2.5B | |
Capital Surpluse | 2.8B | 2.8B | 2.9B | 3.2B | 3.7B | 2.5B |
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When determining whether PBF Energy is a strong investment it is important to analyze PBF Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PBF Energy's future performance. For an informed investment choice regarding PBF Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PBF 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 bureau of labor statistics. For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PBF Energy. If investors know PBF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PBF Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 1 | Earnings Share (2.34) | Revenue Per Share 295.208 | Quarterly Revenue Growth (0.22) |
The market value of PBF Energy is measured differently than its book value, which is the value of PBF that is recorded on the company's balance sheet. Investors also form their own opinion of PBF Energy's value that differs from its market value or its book value, called intrinsic value, which is PBF Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PBF Energy's market value can be influenced by many factors that don't directly affect PBF Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PBF Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBF Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.