Peyto Historical Balance Sheet
PEY Stock | CAD 16.80 0.21 1.23% |
Trend analysis of Peyto ExplorationDevelopment Corp balance sheet accounts such as Retained Earnings of 509.3 M, Accounts Payable of 119.9 M, Cash of 39 M or Cash And Short Term Investments of 39 M provides information on Peyto ExplorationDevel's total assets, liabilities, and equity, which is the actual value of Peyto ExplorationDevel to its prevalent stockholders. By breaking down trends over time using Peyto ExplorationDevel 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 Peyto ExplorationDevel 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 Peyto ExplorationDevel is a good buy for the upcoming year.
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About Peyto Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Peyto ExplorationDevel at a specified time, usually calculated after every quarter, six months, or one year. Peyto ExplorationDevel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Peyto ExplorationDevel 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 Peyto currently owns. An asset can also be divided into two categories, current and non-current.
Peyto ExplorationDevel Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Peyto ExplorationDevel 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 Peyto ExplorationDevel 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 Peyto ExplorationDevel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Peyto ExplorationDevelopment 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.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.Accounts Payable
An accounting item on the balance sheet that represents Peyto ExplorationDevel obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Peyto ExplorationDevel are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most accounts from Peyto ExplorationDevel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Peyto ExplorationDevel 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 Peyto ExplorationDevelopment 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 board of governors. At this time, Peyto ExplorationDevel's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 27th of November 2024, Non Current Liabilities Total is likely to grow to about 2.6 B, while Total Current Liabilities is likely to drop about 164.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 239.6M | 471.9M | 279.9M | 164.8M | Total Assets | 3.8B | 4.0B | 5.5B | 5.8B |
Peyto ExplorationDevel balance sheet Correlations
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Peyto ExplorationDevel Account Relationship Matchups
High Positive Relationship
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Peyto ExplorationDevel balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 3.6B | 3.8B | 4.0B | 5.5B | 5.8B | |
Total Current Liabilities | 113.4M | 95.1M | 239.6M | 471.9M | 279.9M | 164.8M | |
Total Stockholder Equity | 1.7B | 1.7B | 1.8B | 2.1B | 2.7B | 2.9B | |
Net Debt | 1.1B | 1.2B | 1.1B | 852.6M | 1.4B | 1.4B | |
Retained Earnings | 63.1M | 12.7M | 143.2M | 431.4M | 485.1M | 509.3M | |
Accounts Payable | 103.4M | 87.3M | 168.9M | 195.2M | 171.8M | 119.9M | |
Cash | 6.2M | 9.3M | 5.7M | 11.9M | 37.2M | 39.0M | |
Cash And Short Term Investments | 6.2M | 9.3M | 5.7M | 11.9M | 37.2M | 39.0M | |
Liabilities And Stockholders Equity | 3.6B | 3.6B | 3.8B | 4.0B | 5.5B | 5.8B | |
Non Current Liabilities Total | 1.8B | 1.8B | 1.8B | 1.5B | 2.5B | 2.6B | |
Other Stockholder Equity | 4.5M | 10.5M | 13.1M | 16.3M | 25.0M | 23.8M | |
Total Liab | 1.9B | 1.9B | 2.0B | 2.0B | 2.8B | 2.9B | |
Total Current Assets | 80.3M | 82.7M | 144.4M | 218.6M | 490.9M | 515.5M | |
Short Long Term Debt Total | 1.1B | 1.2B | 1.1B | 864.5M | 1.4B | 1.5B | |
Property Plant And Equipment Net | 3.5B | 3.5B | 3.6B | 3.8B | 4.9B | 5.1B | |
Non Current Assets Total | 3.5B | 3.5B | 3.6B | 3.8B | 5.0B | 5.3B | |
Net Receivables | 61.3M | 56.4M | 118.9M | 188.0M | 161.7M | 169.8M | |
Other Current Assets | 12.7M | 16.9M | 19.7M | 18.6M | 292.0M | 306.6M | |
Property Plant And Equipment Gross | 3.5B | 3.5B | 6.5B | 7.0B | 8.4B | 8.8B | |
Accumulated Other Comprehensive Income | (3.0M) | 4.6M | (54.8M) | (83.9M) | 284.5M | 298.8M | |
Other Current Liab | 9.0M | 6.6M | 69.6M | 155.1M | 25.9M | 35.0M | |
Short Term Debt | 981K | 1.1M | 1.1M | 101.3M | 59.2M | 56.2M | |
Non Currrent Assets Other | (3.5B) | 6.5M | (3.6B) | 15.0M | 13.5M | 14.2M | |
Common Stock | 1.6B | 1.6B | 1.7B | 1.7B | 1.9B | 1.7B | |
Other Liab | 642.1M | 652.0M | 707.4M | 715.7M | 823.1M | 648.6M | |
Net Tangible Assets | 1.7B | 1.7B | 1.8B | 2.1B | 2.4B | 1.8B | |
Long Term Debt | 1.1B | 1.2B | 1.1B | 759.2M | 1.3B | 1.2B | |
Short Long Term Debt | 1.3B | 119.3M | 5.5M | 100M | 57.9M | 55.0M | |
Property Plant Equipment | 3.5B | 3.5B | 3.6B | 3.8B | 4.3B | 3.7B | |
Other Assets | 13.0M | 0.0 | 6.5M | 15.0M | 13.5M | 7.1M | |
Long Term Debt Total | 1.1B | 1.2B | 1.1B | 763.3M | 686.9M | 862.1M | |
Net Invested Capital | 2.8B | 2.8B | 2.8B | 2.9B | 4.1B | 3.4B | |
Net Working Capital | (33.2M) | (12.4M) | (95.3M) | (253.3M) | 211.0M | 221.6M | |
Capital Stock | 1.6B | 1.6B | 1.7B | 1.7B | 1.9B | 1.9B |
Pair Trading with Peyto ExplorationDevel
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 Peyto ExplorationDevel 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 Peyto ExplorationDevel will appreciate offsetting losses from the drop in the long position's value.Moving together with Peyto Stock
0.82 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.61 | ENB-PFC | Enbridge Pref 11 | PairCorr |
0.7 | ENB-PFU | Enbridge Pref L | PairCorr |
0.72 | ENS | E Split Corp | PairCorr |
0.82 | ENS-PA | E Split Corp | PairCorr |
Moving against Peyto Stock
The ability to find closely correlated positions to Peyto ExplorationDevel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peyto ExplorationDevel 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 Peyto ExplorationDevel - 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 Peyto ExplorationDevelopment Corp to buy it.
The correlation of Peyto ExplorationDevel 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 Peyto ExplorationDevel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peyto ExplorationDevel 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 Peyto ExplorationDevel 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.Other Information on Investing in Peyto Stock
Balance Sheet is a snapshot of the financial position of Peyto ExplorationDevel at a specified time, usually calculated after every quarter, six months, or one year. Peyto ExplorationDevel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Peyto ExplorationDevel 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 Peyto currently owns. An asset can also be divided into two categories, current and non-current.