PEDEVCO Book Value Per Share vs Free Cash Flow Per Share Analysis
| PED Stock | USD 0.86 0.01 1.15% |
PEDEVCO Corp financial indicator trend analysis is much more than just breaking down PEDEVCO Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PEDEVCO Corp is a good investment. Please check the relationship between PEDEVCO Corp Book Value Per Share and its Free Cash Flow Per Share accounts. 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.
Book Value Per Share vs Free Cash Flow Per Share
Book Value Per Share vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEDEVCO Corp Book Value Per Share account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PEDEVCO Corp's Book Value Per Share and Free Cash Flow Per Share is 0.97. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of PEDEVCO Corp, assuming nothing else is changed. The correlation between historical values of PEDEVCO Corp's Book Value Per Share and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of PEDEVCO Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Book Value Per Share i.e., PEDEVCO Corp's Book Value Per Share and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most indicators from PEDEVCO Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.The current year's Enterprise Value is expected to grow to about 76.7 M, whereas Selling General Administrative is forecasted to decline to about 5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1K | 214K | 246.1K | 233.8K | Depreciation And Amortization | 7.5M | 11.3M | 11.0M | 11.5M |
PEDEVCO Corp fundamental ratios Correlations
Click cells to compare fundamentals
PEDEVCO Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PEDEVCO Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 122.9M | 79.6M | 98.2M | 116.1M | 120.1M | 126.1M | |
| Short Long Term Debt Total | 397K | 670K | 195K | 81K | 316K | 300.2K | |
| Other Current Liab | 3.0M | 1.4M | 2.3M | 15.2M | 12.2M | 12.8M | |
| Total Current Liabilities | 15.2M | 2.0M | 5.2M | 17.0M | 18.9M | 19.8M | |
| Total Stockholder Equity | 105.5M | 75.6M | 91.5M | 96.5M | 98.8M | 103.7M | |
| Property Plant And Equipment Net | 92.2M | 67.3M | 66.6M | 80.2M | 91.9M | 96.5M | |
| 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) | |
| Cash | 22.4M | 8.0M | 25.9M | 29.4M | 18.5M | 19.4M | |
| Non Current Assets Total | 95.8M | 70.8M | 70.2M | 84.0M | 95.5M | 100.2M | |
| Non Currrent Assets Other | 238K | 301K | 246K | 236K | 243K | 230.9K | |
| Cash And Short Term Investments | 22.4M | 8.0M | 25.9M | 29.4M | 18.5M | 19.4M | |
| Common Stock Total Equity | 16K | 71K | 72K | 84K | 75.6K | 49.6K | |
| Common Stock Shares Outstanding | 51.2M | 72.2M | 80.0M | 85.5M | 87.0M | 91.4M | |
| Liabilities And Stockholders Equity | 122.9M | 79.6M | 98.2M | 116.1M | 120.1M | 126.1M | |
| Non Current Liabilities Total | 2.2M | 2.0M | 1.6M | 2.7M | 2.4M | 2.3M | |
| Other Stockholder Equity | 201.0M | 203.9M | 221.0M | 223.1M | 225.2M | 236.4M | |
| Total Liab | 17.4M | 3.9M | 6.7M | 19.7M | 21.3M | 22.3M | |
| Property Plant And Equipment Gross | 92.2M | 67.3M | 154.9M | 80.2M | 199.0M | 208.9M | |
| Total Current Assets | 27.1M | 8.8M | 28.0M | 32.1M | 24.6M | 25.8M | |
| Short Term Debt | 97K | 393K | 228K | 162K | 89K | 84.6K | |
| Common Stock | 71K | 72K | 84K | 86K | 87K | 51.4K | |
| Accounts Payable | 12.1M | 212K | 2.6M | 1.6M | 6.6M | 6.9M | |
| Other Current Assets | 73K | 132K | 652K | 498K | 260K | 247K | |
| Other Liab | 1.9M | 1.7M | 1.5M | 2.7M | 3.1M | 1.7M | |
| Property Plant Equipment | 92.2M | 67.3M | 66.6M | 80.2M | 92.3M | 55.2M | |
| Net Tangible Assets | 105.5M | 75.6M | 91.5M | 96.5M | 110.9M | 116.5M | |
| Other Assets | 238K | 3.6M | 3.5M | 3.8M | 3.4M | 2.3M | |
| Retained Earnings Total Equity | (84.5M) | (95.6M) | (128.3M) | (129.6M) | (116.6M) | (122.5M) | |
| Capital Surpluse | 201.0M | 203.9M | 221.0M | 223.1M | 256.6M | 149.5M | |
| Non Current Liabilities Other | 19.6M | 41.3M | 2.2M | 1.9M | 2.1M | 2.0M | |
| Net Invested Capital | 105.5M | 76.0M | 91.5M | 96.5M | 98.8M | 87.0M |
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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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.