Petroleo Historical Balance Sheet
PBR Stock | USD 14.79 0.11 0.74% |
Trend analysis of Petroleo Brasileiro Petrobras balance sheet accounts such as Total Stockholder Equity of 86.8 B, Property Plant And Equipment Net of 137.7 B, Net Debt of 55.3 B or Retained Earnings of 35.2 B provides information on Petroleo Brasileiro's total assets, liabilities, and equity, which is the actual value of Petroleo Brasileiro to its prevalent stockholders. By breaking down trends over time using Petroleo Brasileiro balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Petroleo Brasileiro latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Petroleo Brasileiro is a good buy for the upcoming year.
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About Petroleo Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Petroleo Brasileiro at a specified time, usually calculated after every quarter, six months, or one year. Petroleo Brasileiro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Petroleo 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 Petroleo currently owns. An asset can also be divided into two categories, current and non-current.
Petroleo Brasileiro Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Petroleo Brasileiro 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 Petroleo Brasileiro 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.Total Current Liabilities
Total Current Liabilities is an item on Petroleo Brasileiro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Petroleo Brasileiro Petrobras are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Short Term Investments
Short Term Investments is an item under the current assets section of Petroleo Brasileiro balance sheet. It contains any investments Petroleo Brasileiro Petrobras undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Petroleo Brasileiro can easily liquidate in the marketplace.Most accounts from Petroleo Brasileiro's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Petroleo Brasileiro current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Petroleo Brasileiro Petrobras. 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. At this time, Petroleo Brasileiro's Net Receivables is relatively stable compared to the past year. As of 11/26/2024, Short Term Investments is likely to grow to about 11 B, while Short and Long Term Debt Total is likely to drop slightly above 59.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 286.3B | 242.2B | 62.6B | 59.5B | Total Assets | 174.3B | 187.2B | 217.1B | 206.8B |
Petroleo Brasileiro balance sheet Correlations
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Petroleo Brasileiro Account Relationship Matchups
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High Negative Relationship
Petroleo Brasileiro balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 229.7B | 190.0B | 174.3B | 187.2B | 217.1B | 206.8B | |
Short Long Term Debt Total | 320.2B | 351.1B | 286.3B | 242.2B | 62.6B | 59.5B | |
Other Current Liab | 5.2B | 2.3B | 2.7B | 16.8B | 16.2B | 17.0B | |
Total Current Liabilities | 28.8B | 26.2B | 24.2B | 31.4B | 33.9B | 27.7B | |
Total Stockholder Equity | 73.3B | 59.3B | 69.4B | 69.5B | 78.6B | 86.8B | |
Property Plant And Equipment Net | 159.3B | 124.2B | 125.3B | 130.2B | 153.4B | 137.7B | |
Net Debt | 79.7B | 63.8B | 48.3B | 45.8B | 49.9B | 55.3B | |
Retained Earnings | 31.0B | 24.5B | 29.5B | 24.4B | 32.8B | 35.2B | |
Accounts Payable | 5.6B | 6.9B | 5.5B | 5.5B | 4.8B | 7.3B | |
Cash | 7.4B | 11.7B | 10.5B | 8.0B | 12.7B | 14.1B | |
Non Current Assets Total | 201.9B | 162.6B | 144.2B | 155.9B | 184.6B | 167.0B | |
Non Currrent Assets Other | 16.2B | 13.7B | 13.7B | 18.8B | 23.4B | 12.9B | |
Cash And Short Term Investments | 8.3B | 12.4B | 11.1B | 10.8B | 15.5B | 17.2B | |
Net Receivables | 7.3B | 7.3B | 7.7B | 6.3B | 7.3B | 9.9B | |
Short Term Investments | 888M | 659M | 650M | 2.8B | 10.5B | 11.0B | |
Liabilities And Stockholders Equity | 229.7B | 190.0B | 174.3B | 187.2B | 217.1B | 206.8B | |
Non Current Liabilities Total | 126.7B | 103.9B | 80.4B | 86.0B | 104.2B | 91.3B | |
Inventory | 8.2B | 5.7B | 7.3B | 8.8B | 7.7B | 9.2B | |
Other Current Assets | 1.5B | 1.2B | 1.6B | 1.8B | 2.0B | 1.4B | |
Total Liab | 155.5B | 130.1B | 104.5B | 117.4B | 138.1B | 119.0B | |
Total Current Assets | 27.8B | 27.4B | 30.1B | 31.3B | 32.4B | 39.8B | |
Accumulated Other Comprehensive Income | (33.8B) | (47.8B) | (37.7B) | (37.6B) | (28.5B) | (27.1B) | |
Short Term Debt | 10.2B | 9.9B | 9.1B | 9.1B | 11.5B | 8.4B | |
Other Liab | 200.7B | 198.8B | 30.7B | 215.5B | 247.9B | 260.3B | |
Other Assets | 29.9B | 104.7B | 14.3B | 89.8B | 1.0 | 0.95 | |
Long Term Debt | 237.0B | 49.7B | 32.1B | 137.6B | 118.8B | 121.4B | |
Property Plant Equipment | 641.9B | 645.4B | 125.3B | 679.2B | 781.1B | 820.1B | |
Current Deferred Revenue | 7.8B | 7.2B | 6.9B | 1.3B | 1.5B | 1.4B | |
Other Stockholder Equity | (31.0B) | (24.5B) | (29.5B) | (24.4B) | (64.5B) | (61.3B) | |
Property Plant And Equipment Gross | 159.3B | 124.2B | 216.4B | 231.0B | 1.3T | 1.4T | |
Good Will | 203M | 63M | 24M | 22M | 25M | 23.8M | |
Intangible Assets | 19.4B | 14.9B | 3.0B | 3.0B | 3.0B | 2.9B | |
Net Tangible Assets | 217.1B | 230.7B | 66.4B | 347.0B | 312.3B | 178.6B | |
Long Term Investments | 5.6B | 3.3B | 1.6B | 3.1B | 18.3B | 19.2B | |
Short Long Term Debt | 4.5B | 4.2B | 3.6B | 3.6B | 21.0B | 25.3B | |
Long Term Debt Total | 310.0B | 341.2B | 277.2B | 233.1B | 209.7B | 260.2B | |
Capital Lease Obligations | 23.9B | 21.7B | 23.0B | 23.8B | 164.0B | 172.2B |
Pair Trading with Petroleo Brasileiro
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 Petroleo Brasileiro 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 Petroleo Brasileiro will appreciate offsetting losses from the drop in the long position's value.Moving together with Petroleo Stock
Moving against Petroleo Stock
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The ability to find closely correlated positions to Petroleo Brasileiro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Petroleo Brasileiro 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 Petroleo Brasileiro - 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 Petroleo Brasileiro Petrobras to buy it.
The correlation of Petroleo Brasileiro 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 Petroleo Brasileiro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Petroleo Brasileiro 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 Petroleo Brasileiro 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.Additional Tools for Petroleo Stock Analysis
When running Petroleo Brasileiro's price analysis, check to measure Petroleo Brasileiro'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 Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.