PEDEVCO Net Income Per Share vs Pocfratio Analysis

PED Stock  USD 0.84  0.01  1.18%   
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 Net Income Per Share and its Pocfratio 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.

Net Income Per Share vs Pocfratio

Net Income Per Share vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PEDEVCO Corp Net Income Per Share account and Pocfratio. At this time, the significance of the direction appears to have no relationship.
The correlation between PEDEVCO Corp's Net Income Per Share and Pocfratio is 0.09. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Pocfratio 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 Net Income Per Share and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of PEDEVCO Corp are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Net Income Per Share i.e., PEDEVCO Corp's Net Income Per Share and Pocfratio go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income Per Share

Pocfratio

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 Expense1K214K246.1K233.8K
Depreciation And Amortization7.5M11.3M11.0M11.5M

PEDEVCO Corp fundamental ratios Correlations

-0.220.710.580.880.98-0.45-0.720.840.99-0.30.84-0.20.87-0.150.930.030.870.89-0.4-0.18-0.630.560.83-0.420.03
-0.22-0.28-0.22-0.65-0.090.96-0.16-0.53-0.120.04-0.53-0.39-0.530.99-0.220.95-0.27-0.50.06-0.4-0.21-0.18-0.4-0.180.43
0.71-0.280.730.640.64-0.45-0.470.690.66-0.130.69-0.130.71-0.230.64-0.010.670.74-0.2-0.1-0.40.320.74-0.28-0.03
0.58-0.220.730.50.47-0.36-0.180.580.530.430.58-0.310.43-0.250.40.050.490.650.33-0.29-0.240.760.68-0.380.18
0.88-0.650.640.50.81-0.8-0.510.90.83-0.280.90.040.93-0.580.84-0.440.80.92-0.370.06-0.40.480.81-0.24-0.19
0.98-0.090.640.470.81-0.31-0.770.711.0-0.420.71-0.210.810.00.920.150.850.77-0.51-0.19-0.70.490.79-0.410.07
-0.450.96-0.45-0.36-0.8-0.310.05-0.75-0.340.08-0.75-0.29-0.70.93-0.440.85-0.44-0.720.13-0.31-0.07-0.29-0.55-0.050.4
-0.72-0.16-0.47-0.18-0.51-0.770.05-0.52-0.750.47-0.520.37-0.68-0.24-0.89-0.31-0.66-0.540.470.360.61-0.11-0.460.560.03
0.84-0.530.690.580.90.71-0.75-0.520.74-0.141.0-0.020.87-0.480.8-0.320.710.99-0.23-0.01-0.310.460.72-0.27-0.18
0.99-0.120.660.530.831.0-0.34-0.750.74-0.340.74-0.240.82-0.040.920.120.850.8-0.43-0.22-0.680.530.8-0.440.08
-0.30.04-0.130.43-0.28-0.420.080.47-0.14-0.34-0.14-0.27-0.35-0.1-0.430.03-0.35-0.140.97-0.270.340.24-0.25-0.120.21
0.84-0.530.690.580.90.71-0.75-0.521.00.74-0.14-0.020.87-0.480.8-0.320.710.99-0.23-0.01-0.310.460.72-0.27-0.18
-0.2-0.39-0.13-0.310.04-0.21-0.290.37-0.02-0.24-0.27-0.020.01-0.36-0.23-0.47-0.11-0.06-0.281.00.39-0.19-0.040.94-0.27
0.87-0.530.710.430.930.81-0.7-0.680.870.82-0.350.870.01-0.450.91-0.330.860.88-0.430.03-0.450.30.77-0.26-0.25
-0.150.99-0.23-0.25-0.580.00.93-0.24-0.48-0.04-0.1-0.48-0.36-0.45-0.130.95-0.2-0.45-0.08-0.37-0.27-0.19-0.34-0.180.41
0.93-0.220.640.40.840.92-0.44-0.890.80.92-0.430.8-0.230.91-0.13-0.010.850.82-0.48-0.21-0.610.350.74-0.47-0.11
0.030.95-0.010.05-0.440.150.85-0.31-0.320.120.03-0.32-0.47-0.330.95-0.01-0.05-0.260.02-0.48-0.360.04-0.14-0.30.48
0.87-0.270.670.490.80.85-0.44-0.660.710.85-0.350.71-0.110.86-0.20.85-0.050.78-0.43-0.08-0.60.440.88-0.32-0.06
0.89-0.50.740.650.920.77-0.72-0.540.990.8-0.140.99-0.060.88-0.450.82-0.260.78-0.25-0.04-0.380.550.8-0.3-0.11
-0.40.06-0.20.33-0.37-0.510.130.47-0.23-0.430.97-0.23-0.28-0.43-0.08-0.480.02-0.43-0.25-0.280.360.11-0.34-0.140.13
-0.18-0.4-0.1-0.290.06-0.19-0.310.36-0.01-0.22-0.27-0.011.00.03-0.37-0.21-0.48-0.08-0.04-0.280.4-0.18-0.020.93-0.27
-0.63-0.21-0.4-0.24-0.4-0.7-0.070.61-0.31-0.680.34-0.310.39-0.45-0.27-0.61-0.36-0.6-0.380.360.4-0.21-0.470.47-0.18
0.56-0.180.320.760.480.49-0.29-0.110.460.530.240.46-0.190.3-0.190.350.040.440.550.11-0.18-0.210.67-0.250.26
0.83-0.40.740.680.810.79-0.55-0.460.720.8-0.250.72-0.040.77-0.340.74-0.140.880.8-0.34-0.02-0.470.67-0.23-0.18
-0.42-0.18-0.28-0.38-0.24-0.41-0.050.56-0.27-0.44-0.12-0.270.94-0.26-0.18-0.47-0.3-0.32-0.3-0.140.930.47-0.25-0.23-0.17
0.030.43-0.030.18-0.190.070.40.03-0.180.080.21-0.18-0.27-0.250.41-0.110.48-0.06-0.110.13-0.27-0.180.26-0.18-0.17
Click cells to compare fundamentals

PEDEVCO Corp Account Relationship Matchups

PEDEVCO Corp fundamental ratios 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

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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.