Profire Net Debt vs Net Receivables Analysis

PFIE Stock

USD 2.52 0.01 0.40%

Profire Ene financial indicator trend analysis is much more than just breaking down Profire Ene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Profire Ene is a good investment. Please check the relationship between Profire Ene Net Debt and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Profire Ene Net Debt account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Profire Ene's Net Debt and Net Receivables is -0.29. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Profire Ene, assuming nothing else is changed. The correlation between historical values of Profire Ene's Net Debt and Net Receivables 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 Debt of Profire Ene are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Profire Ene's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

Most indicators from Profire Ene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Profire Ene 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 Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.At present, Profire Ene's Enterprise Value Multiple is projected to decrease significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	11.4M	21.7M	30.5M	32.1M
Total Revenue	26.4M	45.9M	58.2M	61.1M

Gross Profit Total Revenue

Profire Ene fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		-0.21	0.74	0.74	0.89	0.83	0.58	-0.69	0.97	0.56	0.62	0.79	-0.49	0.72	0.71	0.82	0.7	-0.13	0.93	0.7	0.73	0.74	0.91	0.95	-0.33	0.65
Short Long Term Debt Total	-0.21		0.05	0.19	-0.43	-0.42	0.42	0.33	-0.17	-0.19	-0.35	-0.35	-0.41	-0.36	-0.03	-0.42	-0.59	-0.15	-0.13	0.23	-0.31	0.22	-0.11	-0.17	0.98	-0.26
Other Current Liab	0.74	0.05		0.94	0.51	0.48	0.75	-0.24	0.8	0.66	0.16	0.54	-0.6	0.25	0.79	0.46	0.19	-0.26	0.68	0.7	0.54	0.93	0.7	0.69	-0.09	0.41
Total Current Liabilities	0.74	0.19	0.94		0.46	0.44	0.9	-0.17	0.83	0.7	0.08	0.49	-0.75	0.17	0.86	0.47	0.19	-0.23	0.71	0.81	0.39	1.0	0.74	0.7	0.03	0.41
Total Stockholder Equity	0.89	-0.43	0.51	0.46		0.93	0.25	-0.74	0.8	0.57	0.75	0.88	-0.19	0.85	0.47	0.92	0.76	-0.06	0.79	0.45	0.81	0.46	0.77	0.82	-0.49	0.69
Property Plant And Equipment Net	0.83	-0.42	0.48	0.44	0.93		0.21	-0.59	0.72	0.62	0.6	0.94	-0.22	0.67	0.38	0.79	0.58	-0.25	0.71	0.48	0.83	0.46	0.83	0.69	-0.49	0.89
Current Deferred Revenue	0.58	0.42	0.75	0.9	0.25	0.21		-0.11	0.69	0.46	0.02	0.22	-0.86	0.04	0.82	0.35	0.09	-0.25	0.64	0.84	0.16	0.9	0.6	0.61	0.27	0.18
Net Debt	-0.69	0.33	-0.24	-0.17	-0.74	-0.59	-0.11		-0.59	-0.07	-0.99	-0.41	0.06	-0.94	-0.29	-0.71	-0.82	0.16	-0.72	-0.22	-0.71	-0.18	-0.5	-0.78	0.37	-0.29
Retained Earnings	0.97	-0.17	0.8	0.83	0.8	0.72	0.69	-0.59		0.59	0.51	0.7	-0.58	0.62	0.81	0.81	0.65	-0.09	0.92	0.76	0.61	0.82	0.88	0.95	-0.31	0.55
Accounts Payable	0.56	-0.19	0.66	0.7	0.57	0.62	0.46	-0.07	0.59		0.07	0.69	-0.29	0.16	0.59	0.56	0.19	-0.11	0.46	0.41	0.45	0.7	0.56	0.44	-0.25	0.62
Cash	0.62	-0.35	0.16	0.08	0.75	0.6	0.02	-0.99	0.51	0.07		0.42	0.03	0.94	0.2	0.71	0.79	-0.15	0.65	0.14	0.72	0.09	0.43	0.71	-0.37	0.29
Non Current Assets Total	0.79	-0.35	0.54	0.49	0.88	0.94	0.22	-0.41	0.7	0.69	0.42		-0.2	0.57	0.35	0.73	0.46	-0.07	0.58	0.51	0.74	0.5	0.79	0.6	-0.42	0.89
Non Currrent Assets Other	-0.49	-0.41	-0.6	-0.75	-0.19	-0.22	-0.86	0.06	-0.58	-0.29	0.03	-0.2		0.02	-0.64	-0.29	-0.04	0.41	-0.56	-0.85	-0.11	-0.75	-0.66	-0.49	-0.25	-0.23
Cash And Short Term Investments	0.72	-0.36	0.25	0.17	0.85	0.67	0.04	-0.94	0.62	0.16	0.94	0.57	0.02		0.23	0.79	0.85	0.06	0.68	0.19	0.69	0.16	0.5	0.76	-0.39	0.36
Net Receivables	0.71	-0.03	0.79	0.86	0.47	0.38	0.82	-0.29	0.81	0.59	0.2	0.35	-0.64	0.23		0.59	0.41	-0.13	0.77	0.67	0.33	0.85	0.64	0.77	-0.17	0.18
Common Stock Total Equity	0.82	-0.42	0.46	0.47	0.92	0.79	0.35	-0.71	0.81	0.56	0.71	0.73	-0.29	0.79	0.59		0.81	-0.01	0.76	0.48	0.63	0.46	0.71	0.82	-0.5	0.51
Common Stock Shares Outstanding	0.7	-0.59	0.19	0.19	0.76	0.58	0.09	-0.82	0.65	0.19	0.79	0.46	-0.04	0.85	0.41	0.81		0.14	0.7	0.17	0.45	0.16	0.49	0.77	-0.65	0.25
Non Current Liabilities Total	-0.13	-0.15	-0.26	-0.23	-0.06	-0.25	-0.25	0.16	-0.09	-0.11	-0.15	-0.07	0.41	0.06	-0.13	-0.01	0.14		-0.26	-0.3	-0.36	-0.27	-0.35	-0.14	-0.1	-0.32
Inventory	0.93	-0.13	0.68	0.71	0.79	0.71	0.64	-0.72	0.92	0.46	0.65	0.58	-0.56	0.68	0.77	0.76	0.7	-0.26		0.64	0.66	0.72	0.82	0.97	-0.26	0.48
Other Current Assets	0.7	0.23	0.7	0.81	0.45	0.48	0.84	-0.22	0.76	0.41	0.14	0.51	-0.85	0.19	0.67	0.48	0.17	-0.3	0.64		0.37	0.81	0.83	0.63	0.07	0.49
Other Stockholder Equity	0.73	-0.31	0.54	0.39	0.81	0.83	0.16	-0.71	0.61	0.45	0.72	0.74	-0.11	0.69	0.33	0.63	0.45	-0.36	0.66	0.37		0.41	0.68	0.66	-0.36	0.68
Total Liab	0.74	0.22	0.93	1.0	0.46	0.46	0.9	-0.18	0.82	0.7	0.09	0.5	-0.75	0.16	0.85	0.46	0.16	-0.27	0.72	0.81	0.41		0.75	0.7	0.07	0.44
Property Plant And Equipment Gross	0.91	-0.11	0.7	0.74	0.77	0.83	0.6	-0.5	0.88	0.56	0.43	0.79	-0.66	0.5	0.64	0.71	0.49	-0.35	0.82	0.83	0.68	0.75		0.81	-0.26	0.77
Total Current Assets	0.95	-0.17	0.69	0.7	0.82	0.69	0.61	-0.78	0.95	0.44	0.71	0.6	-0.49	0.76	0.77	0.82	0.77	-0.14	0.97	0.63	0.66	0.7	0.81		-0.29	0.43
Short Term Debt	-0.33	0.98	-0.09	0.03	-0.49	-0.49	0.27	0.37	-0.31	-0.25	-0.37	-0.42	-0.25	-0.39	-0.17	-0.5	-0.65	-0.1	-0.26	0.07	-0.36	0.07	-0.26	-0.29		-0.32
Intangible Assets	0.65	-0.26	0.41	0.41	0.69	0.89	0.18	-0.29	0.55	0.62	0.29	0.89	-0.23	0.36	0.18	0.51	0.25	-0.32	0.48	0.49	0.68	0.44	0.77	0.43	-0.32

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Profire Ene Account Relationship Matchups

Profire Ene fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	52.2M	48.3M	48.0M	53.9M	66.3M	69.6M
Other Current Liab	2.5M	1.2M	1.8M	3.1M	3.8M	3.9M
Total Current Liabilities	5.2M	2.4M	3.7M	6.8M	9.1M	9.6M
Total Stockholder Equity	46.6M	45.4M	44.1M	46.6M	56.8M	30.9M
Property Plant And Equipment Net	12.2M	12.1M	11.3M	10.5M	11.2M	6.5M
Net Debt	(7.2M)	(9.1M)	(8.1M)	(7.3M)	(10.3M)	(9.8M)
Retained Earnings	24.7M	22.5M	21.5M	25.4M	36.2M	38.0M
Accounts Payable	2.6M	1.2M	1.8M	3.0M	2.7M	1.4M
Cash	7.4M	9.1M	8.2M	7.4M	10.8M	6.4M
Non Current Assets Total	24.1M	22.5M	23.8M	21.9M	21.8M	11.4M
Non Currrent Assets Other	(439.3K)	(522.9K)	(17.0M)	(418.2K)	(44.5M)	(42.2M)
Cash And Short Term Investments	11.2M	11.5M	9.2M	8.5M	13.6M	8.7M
Net Receivables	5.8M	4.3M	6.3M	12.0M	14.2M	14.9M
Common Stock Total Equity	49.7K	50.8K	51.4K	52.1K	60.0K	49.3K
Common Stock Shares Outstanding	48.1M	47.8M	48.1M	48.4M	49.1M	49.3M
Liabilities And Stockholders Equity	52.2M	48.3M	48.0M	53.9M	66.3M	69.6M
Non Current Liabilities Total	491.4K	535.5K	172.0K	556.7K	360.1K	502.7K
Inventory	9.6M	8.4M	7.2M	10.3M	14.1M	14.8M
Other Current Assets	166.6K	1.6M	1.6M	1.2M	2.6M	2.8M
Other Stockholder Equity	24.2M	24.9M	24.7M	24.4M	23.4M	13.7M
Total Liab	5.7M	3.0M	3.9M	7.3M	9.5M	9.9M
Property Plant And Equipment Gross	12.2M	12.1M	15.9M	10.5M	16.0M	16.8M
Total Current Assets	28.1M	25.8M	24.2M	32.0M	44.5M	46.7M
Accumulated Other Comprehensive Income	(2.4M)	(2.1M)	(2.1M)	(3.3M)	(2.8M)	(2.7M)
Intangible Assets	2.0M	1.8M	1.5M	1.3M	1.1M	704.3K
Common Stock	50.8K	51.4K	51.7K	52.1K	53.0K	52.7K
Short Term Investments	3.8M	2.4M	1.0M	1.2M	2.8M	1.8M
Net Tangible Assets	42.0M	41.0M	40.0M	42.7M	49.1M	38.5M
Retained Earnings Total Equity	22.7M	24.7M	22.5M	25.4M	29.2M	21.5M
Capital Surpluse	28.0M	29.6M	30.3M	31.7M	36.5M	23.3M
Property Plant Equipment	12.1M	12.0M	11.3M	10.4M	12.0M	8.7M
Treasury Stock	(6.9M)	(2.6M)	(5.4M)	(7.3M)	(6.6M)	(6.3M)
Long Term Investments	7.4M	6.1M	8.3M	7.5M	6.4M	5.9M

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When determining whether Profire Ene is a strong investment it is important to analyze Profire Ene'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 Profire Ene's future performance. For an informed investment choice regarding Profire Stock, refer to the following important reports:

How To Invest In Profire

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Is Profire Stock a good investment?

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What is Profire Ene's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profire Ene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Is Oil & Gas Equipment & Services 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 Profire Ene. If investors know Profire 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 Profire Ene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

0.19

Revenue Per Share

1.276

Quarterly Revenue Growth

0.151

Return On Assets

0.0941

Return On Equity

0.1541

The market value of Profire Ene is measured differently than its book value, which is the value of Profire that is recorded on the company's balance sheet. Investors also form their own opinion of Profire Ene's value that differs from its market value or its book value, called intrinsic value, which is Profire Ene'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 Profire Ene's market value can be influenced by many factors that don't directly affect Profire Ene'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 Profire Ene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profire Ene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profire Ene'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.

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Profire Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

Profire Ene fundamental ratios Correlations

Profire Ene Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Profire Ene fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 0.98	Short Long Term Debt Total
Retained Earnings	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Inventory
Total Current Assets	+ 0.95	Total Assets
Total Current Assets	+ 0.95	Retained Earnings

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.94	Net Debt
Non Currrent Assets Other	- 0.86	Current Deferred Revenue
Other Current Assets	- 0.85	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.82	Net Debt
Total Current Assets	- 0.78	Net Debt