PEDEVCO Historical Balance Sheet

PED Stock  USD 0.84  0.01  1.18%   
Trend analysis of PEDEVCO Corp balance sheet accounts such as Total Stockholder Equity of 103.7 M, Property Plant And Equipment Net of 96.5 M, Cash of 19.4 M or Non Current Assets Total of 100.2 M provides information on PEDEVCO Corp's total assets, liabilities, and equity, which is the actual value of PEDEVCO Corp to its prevalent stockholders. By breaking down trends over time using PEDEVCO Corp 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.
 
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Financial Statement Analysis is much more than just reviewing and examining PEDEVCO Corp 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 PEDEVCO Corp is a good buy for the upcoming year.

PEDEVCO Corp Inventory

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO 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 income.
For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.

About PEDEVCO Balance Sheet Analysis

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

PEDEVCO Corp Balance Sheet Chart

At present, PEDEVCO Corp's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 19.8 M, whereas Net Debt is projected to grow to (17.3 M).

Total Assets

Total assets refers to the total amount of PEDEVCO Corp 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 PEDEVCO Corp 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 PEDEVCO Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PEDEVCO Corp 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.

Cash

Cash refers to the most liquid asset of PEDEVCO Corp, which is listed under current asset account on PEDEVCO Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from PEDEVCO Corp customers. The amounts must be unrestricted with restricted cash listed in a different PEDEVCO Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of PEDEVCO Corp balance sheet. This account contains PEDEVCO Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by PEDEVCO Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from PEDEVCO Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into PEDEVCO Corp 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 PEDEVCO 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 income.
For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.At present, PEDEVCO Corp's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 19.8 M, whereas Net Debt is projected to grow to (17.3 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total195K81K316K300.2K
Total Assets98.2M116.1M120.1M126.1M

PEDEVCO Corp balance sheet Correlations

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PEDEVCO Corp Account Relationship Matchups

PEDEVCO Corp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets122.9M79.6M98.2M116.1M120.1M126.1M
Short Long Term Debt Total397K670K195K81K316K300.2K
Other Current Liab3.0M1.4M2.3M15.2M12.2M12.8M
Total Current Liabilities15.2M2.0M5.2M17.0M18.9M19.8M
Total Stockholder Equity105.5M75.6M91.5M96.5M98.8M103.7M
Property Plant And Equipment Net92.2M67.3M66.6M80.2M91.9M96.5M
Net Debt(22.0M)(7.4M)(25.7M)(29.3M)(18.2M)(17.3M)
Retained Earnings(95.6M)(128.3M)(129.6M)(126.7M)(126.5M)(120.2M)
Cash22.4M8.0M25.9M29.4M18.5M19.4M
Non Current Assets Total95.8M70.8M70.2M84.0M95.5M100.2M
Non Currrent Assets Other238K301K246K236K243K230.9K
Cash And Short Term Investments22.4M8.0M25.9M29.4M18.5M19.4M
Common Stock Total Equity16K71K72K84K75.6K49.6K
Common Stock Shares Outstanding51.2M72.2M80.0M85.5M87.0M91.4M
Liabilities And Stockholders Equity122.9M79.6M98.2M116.1M120.1M126.1M
Non Current Liabilities Total2.2M2.0M1.6M2.7M2.4M2.3M
Other Stockholder Equity201.0M203.9M221.0M223.1M225.2M236.4M
Total Liab17.4M3.9M6.7M19.7M21.3M22.3M
Property Plant And Equipment Gross92.2M67.3M154.9M80.2M199.0M208.9M
Total Current Assets27.1M8.8M28.0M32.1M24.6M25.8M
Short Term Debt97K393K228K162K89K84.6K
Common Stock71K72K84K86K87K51.4K
Accounts Payable12.1M212K2.6M1.6M6.6M6.9M
Other Current Assets73K132K652K498K260K247K
Other Liab1.9M1.7M1.5M2.7M3.1M1.7M
Property Plant Equipment92.2M67.3M66.6M80.2M92.3M55.2M
Net Tangible Assets105.5M75.6M91.5M96.5M110.9M116.5M
Other Assets238K3.6M3.5M3.8M3.4M2.3M
Retained Earnings Total Equity(84.5M)(95.6M)(128.3M)(129.6M)(116.6M)(122.5M)
Capital Surpluse201.0M203.9M221.0M223.1M256.6M149.5M
Non Current Liabilities Other19.6M41.3M2.2M1.9M2.1M2.0M
Net Invested Capital105.5M76.0M91.5M96.5M98.8M87.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PEDEVCO Corp is a strong investment it is important to analyze PEDEVCO Corp'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 PEDEVCO Corp's future performance. For an informed investment choice regarding PEDEVCO 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 PEDEVCO 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 income.
For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Oil & Gas Exploration & Production 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 PEDEVCO Corp. If investors know PEDEVCO 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 PEDEVCO Corp 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
0.659
Earnings Share
0.02
Revenue Per Share
0.386
Quarterly Revenue Growth
0.382
Return On Assets
0.024
The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp'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 PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp'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 PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp'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.