Petróleo Pb Ratio vs Capex To Depreciation Analysis

PBR-A Stock  USD 13.15  0.54  4.28%   
Petróleo Brasileiro financial indicator trend analysis is much more than just breaking down Petróleo Brasileiro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Petróleo Brasileiro is a good investment. Please check the relationship between Petróleo Brasileiro Pb Ratio and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro SA. 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.

Pb Ratio vs Capex To Depreciation

Pb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petróleo Brasileiro Pb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Petróleo Brasileiro's Pb Ratio and Capex To Depreciation is -0.37. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Petrleo Brasileiro SA, assuming nothing else is changed. The correlation between historical values of Petróleo Brasileiro's Pb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Petrleo Brasileiro SA are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pb Ratio i.e., Petróleo Brasileiro's Pb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pb Ratio

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Petróleo Brasileiro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petróleo Brasileiro 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 Petrleo Brasileiro SA. 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 present, Petróleo Brasileiro's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 13.8 B, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2022 2023 2024 2025 (projected)
Gross Profit65.0B54.0B62.1B36.1B
Total Revenue124.5B102.4B117.8B95.6B

Petróleo Brasileiro fundamental ratios Correlations

0.79-0.030.930.970.980.760.460.950.811.00.250.920.960.490.860.870.970.370.930.980.630.470.810.50.83
0.79-0.310.590.660.850.990.330.680.850.790.110.830.650.460.580.930.67-0.140.890.770.490.540.70.480.54
-0.03-0.310.250.0-0.04-0.34-0.17-0.08-0.11-0.020.83-0.08-0.020.26-0.04-0.15-0.010.3-0.06-0.060.21-0.47-0.470.120.01
0.930.590.250.920.890.540.340.880.70.930.380.830.910.50.810.740.920.560.840.90.750.290.620.50.83
0.970.660.00.920.910.620.520.980.710.960.190.880.990.320.920.720.990.460.810.970.580.340.790.330.89
0.980.85-0.040.890.910.820.480.90.80.980.30.90.890.60.80.930.920.290.970.930.590.540.790.610.75
0.760.99-0.340.540.620.820.370.650.770.760.10.770.610.450.550.910.63-0.210.870.710.440.550.680.480.49
0.460.33-0.170.340.520.480.370.550.110.480.090.280.480.180.50.30.5-0.050.320.39-0.050.240.490.190.41
0.950.68-0.080.880.980.90.650.550.710.950.130.870.990.330.90.730.980.420.810.950.550.430.830.330.88
0.810.85-0.110.70.710.80.770.110.710.780.140.940.730.410.570.830.720.190.840.860.640.410.640.410.66
1.00.79-0.020.930.960.980.760.480.950.780.260.910.950.520.850.880.960.360.940.960.620.480.810.530.81
0.250.110.830.380.190.30.10.090.130.140.260.170.160.570.150.260.210.130.30.190.14-0.13-0.160.430.06
0.920.83-0.080.830.880.90.770.280.870.940.910.170.890.370.820.840.880.290.880.970.680.380.710.370.78
0.960.65-0.020.910.990.890.610.480.990.730.950.160.890.30.910.710.990.470.790.970.610.340.80.290.9
0.490.460.260.50.320.60.450.180.330.410.520.570.370.30.190.690.350.210.680.370.320.650.310.970.05
0.860.58-0.040.810.920.80.550.50.90.570.850.150.820.910.190.60.90.390.680.870.530.230.660.20.76
0.870.93-0.150.740.720.930.910.30.730.830.880.260.840.710.690.60.740.090.990.810.540.660.750.710.54
0.970.67-0.010.920.990.920.630.50.980.720.960.210.880.990.350.90.740.480.820.970.560.380.790.350.89
0.37-0.140.30.560.460.29-0.21-0.050.420.190.360.130.290.470.210.390.090.480.210.420.40.20.180.210.44
0.930.89-0.060.840.810.970.870.320.810.840.940.30.880.790.680.680.990.820.210.870.610.60.750.70.63
0.980.77-0.060.90.970.930.710.390.950.860.960.190.970.970.370.870.810.970.420.870.620.410.80.370.86
0.630.490.210.750.580.590.44-0.050.550.640.620.140.680.610.320.530.540.560.40.610.620.10.230.340.6
0.470.54-0.470.290.340.540.550.240.430.410.48-0.130.380.340.650.230.660.380.20.60.410.10.650.70.1
0.810.7-0.470.620.790.790.680.490.830.640.81-0.160.710.80.310.660.750.790.180.750.80.230.650.380.66
0.50.480.120.50.330.610.480.190.330.410.530.430.370.290.970.20.710.350.210.70.370.340.70.380.06
0.830.540.010.830.890.750.490.410.880.660.810.060.780.90.050.760.540.890.440.630.860.60.10.660.06
Click cells to compare fundamentals

Petróleo Brasileiro Account Relationship Matchups

Petróleo Brasileiro fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets190.0B174.3B187.2B217.1B249.6B206.8B
Short Long Term Debt Total53.9B35.7B30.0B62.6B72.0B66.3B
Other Current Liab6.6B4.9B10.9B16.2B18.7B19.6B
Total Current Liabilities26.2B24.2B31.4B33.9B38.9B27.7B
Total Stockholder Equity59.3B69.4B69.5B78.6B90.4B86.8B
Property Plant And Equipment Net124.2B125.3B130.2B153.1B176.1B137.6B
Net Debt42.2B25.2B22.0B49.9B57.4B52.2B
Retained Earnings24.5B29.5B24.4B32.8B37.7B40.6B
Accounts Payable6.9B5.5B5.5B4.8B5.5B7.3B
Cash11.7B10.5B8.0B12.7B14.6B14.1B
Non Current Assets Total162.6B144.2B155.9B184.6B212.3B167.0B
Non Currrent Assets Other13.7B13.7B18.8B23.7B27.3B28.7B
Cash And Short Term Investments12.4B11.1B10.8B15.5B17.9B17.2B
Net Receivables7.3B7.7B6.3B7.3B8.4B9.9B
Short Term Investments659M650M2.8B2.8B2.5B2.7B
Liabilities And Stockholders Equity190.0B174.3B187.2B217.1B249.6B206.8B
Non Current Liabilities Total103.9B80.4B86.0B104.2B119.9B91.3B
Inventory5.7B7.3B8.8B7.7B8.8B9.2B
Other Current Assets2.0B4.1B5.4B1.9B2.2B2.3B
Total Liab130.1B104.5B117.4B138.1B158.8B119.0B
Total Current Assets27.4B30.1B31.3B32.4B37.3B39.8B
Accumulated Other Comprehensive Income(47.8B)(37.7B)(37.6B)3.3B2.9B3.1B
Short Term Debt9.9B9.1B9.1B11.5B13.3B8.4B
Current Deferred Revenue7.8B7.2B6.9B1.3B1.5B1.4B
Other Stockholder Equity(24.5B)(29.5B)(24.4B)207.6M186.9M177.5M
Property Plant And Equipment Gross124.2B216.4B231.0B1.3T1.5T1.6T
Intangible Assets14.9B3.0B3.0B3.0B2.7B2.6B
Good Will63M24M22M25.4M22.8M21.7M
Other Liab200.7B198.8B30.7B215.5B247.9B131.7B
Net Tangible Assets217.1B230.7B66.4B347.0B399.1B231.9B
Other Assets104.7B14.3B102.6B1.01.151.09
Long Term Debt49.7B32.1B26.4B118.8B106.9B76.8B
Long Term Investments3.3B1.6B3.1B18.3B16.5B17.3B
Short Long Term Debt4.2B3.6B3.6B21.0B18.9B25.2B
Property Plant Equipment641.9B645.4B125.3B679.2B781.1B524.6B
Capital Lease Obligations21.7B23.0B23.8B164.0B188.6B198.1B
Non Current Liabilities Other2.2B2.2B2.0B9.2B10.5B11.1B

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Other Information on Investing in Petróleo Stock

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