Pine Gross Profit vs Research Development Analysis

PNE Stock

CAD 0.91 0.01 1.09%

Pine Cliff financial indicator trend analysis is much more than just breaking down Pine Cliff Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pine Cliff Energy is a good investment. Please check the relationship between Pine Cliff Gross Profit and its Research Development accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pine Cliff Energy. 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.

Gross Profit vs Research Development

Gross Profit vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pine Cliff Energy Gross Profit account and Research Development. At this time, the significance of the direction appears to have very week relationship.

The correlation between Pine Cliff's Gross Profit and Research Development is 0.22. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development in the same time period over historical financial statements of Pine Cliff Energy, assuming nothing else is changed. The correlation between historical values of Pine Cliff's Gross Profit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Pine Cliff Energy are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., Pine Cliff's Gross Profit and Research Development go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Pine Cliff Energy minus its cost of goods sold. It is profit before Pine Cliff operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Research Development

Most indicators from Pine Cliff's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pine Cliff Energy 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 Pine Cliff Energy. 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, Pine Cliff's Issuance Of Capital Stock is very stable compared to the past year. As of the 24th of November 2024, Enterprise Value Over EBITDA is likely to grow to 10.80, while Selling General Administrative is likely to drop about 9.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	109.7M	230.2M	16.1M	15.3M
Total Revenue	167.7M	310.0M	176.3M	185.1M

Gross Profit Total Revenue

Pine Cliff fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Retained Earnings	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Short Term Investments	Short Term Debt	Short Long Term Debt Total	Non Currrent Assets Other	Good Will	Common Stock Total Equity
Total Assets		0.58	0.55	0.68	0.67	0.37	0.12	0.93	0.11	0.83	0.35	0.87	0.99	-0.3	0.46	0.77	0.89	0.58	0.3	0.65	-0.04	0.41	0.8	0.2	-0.02	0.84
Other Current Liab	0.58		0.64	0.47	0.26	0.47	0.27	0.66	0.25	0.61	0.44	0.49	0.54	-0.18	0.4	0.45	0.45	0.72	0.47	0.79	-0.11	0.3	0.36	0.34	-0.5	0.54
Total Current Liabilities	0.55	0.64		0.29	0.24	0.75	0.06	0.66	0.02	0.69	0.29	0.61	0.52	-0.43	0.39	0.63	0.46	0.8	0.62	0.77	-0.14	0.61	0.27	0.45	-0.56	0.68
Total Stockholder Equity	0.68	0.47	0.29		0.37	-0.14	0.04	0.63	0.2	0.28	0.32	0.32	0.63	0.44	0.35	0.2	0.29	0.22	-0.26	0.32	0.52	0.58	0.43	-0.39	0.04	0.24
Net Debt	0.67	0.26	0.24	0.37		0.12	-0.52	0.76	-0.55	0.69	-0.32	0.47	0.76	-0.17	0.02	0.29	0.7	0.41	0.05	0.34	-0.07	0.24	0.96	0.03	-0.19	0.5
Accounts Payable	0.37	0.47	0.75	-0.14	0.12		0.25	0.5	0.11	0.72	0.36	0.64	0.34	-0.78	0.39	0.73	0.53	0.83	0.94	0.83	-0.52	-0.06	0.19	0.85	-0.62	0.75
Cash	0.12	0.27	0.06	0.04	-0.52	0.25		-0.02	0.96	0.08	0.84	0.3	0.01	-0.25	0.38	0.39	0.12	0.08	0.37	0.26	-0.26	-0.24	-0.25	0.36	0.16	0.26
Non Current Assets Total	0.93	0.66	0.66	0.63	0.76	0.5	-0.02		-0.05	0.92	0.22	0.8	0.94	-0.32	0.35	0.69	0.84	0.75	0.41	0.77	-0.11	0.4	0.84	0.29	-0.34	0.83
Cash And Short Term Investments	0.11	0.25	0.02	0.2	-0.55	0.11	0.96	-0.05		-0.04	0.88	0.23	-0.01	-0.06	0.45	0.3	0.01	-0.04	0.19	0.17	0.03	-0.13	-0.31	0.18	0.24	0.14
Total Liab	0.83	0.61	0.69	0.28	0.69	0.72	0.08	0.92	-0.04		0.24	0.88	0.85	-0.66	0.35	0.82	0.92	0.82	0.68	0.82	-0.4	0.19	0.79	0.6	-0.4	0.94
Total Current Assets	0.35	0.44	0.29	0.32	-0.32	0.36	0.84	0.22	0.88	0.24		0.48	0.22	-0.22	0.8	0.51	0.24	0.26	0.37	0.44	0.05	-0.01	-0.1	0.33	0.04	0.39
Common Stock	0.87	0.49	0.61	0.32	0.47	0.64	0.3	0.8	0.23	0.88	0.48		0.85	-0.69	0.54	0.97	0.92	0.65	0.62	0.66	-0.25	0.2	0.62	0.55	-0.06	0.96
Property Plant And Equipment Net	0.99	0.54	0.52	0.63	0.76	0.34	0.01	0.94	-0.01	0.85	0.22	0.85		-0.31	0.36	0.73	0.91	0.58	0.28	0.6	-0.08	0.41	0.87	0.2	-0.04	0.83
Retained Earnings	-0.3	-0.18	-0.43	0.44	-0.17	-0.78	-0.25	-0.32	-0.06	-0.66	-0.22	-0.69	-0.31		-0.25	-0.76	-0.63	-0.53	-0.84	-0.46	0.65	0.25	-0.26	-0.86	0.21	-0.74
Net Receivables	0.46	0.4	0.39	0.35	0.02	0.39	0.38	0.35	0.45	0.35	0.8	0.54	0.36	-0.25		0.5	0.36	0.35	0.31	0.45	0.19	0.13	0.13	0.27	-0.04	0.43
Common Stock Shares Outstanding	0.77	0.45	0.63	0.2	0.29	0.73	0.39	0.69	0.3	0.82	0.51	0.97	0.73	-0.76	0.5		0.85	0.65	0.72	0.67	-0.34	0.14	0.45	0.64	-0.06	0.95
Non Current Liabilities Total	0.89	0.45	0.46	0.29	0.7	0.53	0.12	0.84	0.01	0.92	0.24	0.92	0.91	-0.63	0.36	0.85		0.61	0.52	0.63	-0.38	0.11	0.83	0.49	-0.05	0.93
Other Current Assets	0.58	0.72	0.8	0.22	0.41	0.83	0.08	0.75	-0.04	0.82	0.26	0.65	0.58	-0.53	0.35	0.65	0.61		0.79	0.92	-0.41	0.17	0.46	0.66	-0.75	0.78
Other Stockholder Equity	0.3	0.47	0.62	-0.26	0.05	0.94	0.37	0.41	0.19	0.68	0.37	0.62	0.28	-0.84	0.31	0.72	0.52	0.79		0.75	-0.65	-0.2	0.15	0.92	-0.56	0.74
Property Plant And Equipment Gross	0.65	0.79	0.77	0.32	0.34	0.83	0.26	0.77	0.17	0.82	0.44	0.66	0.6	-0.46	0.45	0.67	0.63	0.92	0.75		-0.36	0.13	0.45	0.64	-0.65	0.76
Short Term Investments	-0.04	-0.11	-0.14	0.52	-0.07	-0.52	-0.26	-0.11	0.03	-0.4	0.05	-0.25	-0.08	0.65	0.19	-0.34	-0.38	-0.41	-0.65	-0.36		0.39	-0.17	-0.65	0.25	-0.44
Short Term Debt	0.41	0.3	0.61	0.58	0.24	-0.06	-0.24	0.4	-0.13	0.19	-0.01	0.2	0.41	0.25	0.13	0.14	0.11	0.17	-0.2	0.13	0.39		0.19	-0.34	-0.02	0.16
Short Long Term Debt Total	0.8	0.36	0.27	0.43	0.96	0.19	-0.25	0.84	-0.31	0.79	-0.1	0.62	0.87	-0.26	0.13	0.45	0.83	0.46	0.15	0.45	-0.17	0.19		0.12	-0.12	0.64
Non Currrent Assets Other	0.2	0.34	0.45	-0.39	0.03	0.85	0.36	0.29	0.18	0.6	0.33	0.55	0.2	-0.86	0.27	0.64	0.49	0.66	0.92	0.64	-0.65	-0.34	0.12		-0.48	0.64
Good Will	-0.02	-0.5	-0.56	0.04	-0.19	-0.62	0.16	-0.34	0.24	-0.4	0.04	-0.06	-0.04	0.21	-0.04	-0.06	-0.05	-0.75	-0.56	-0.65	0.25	-0.02	-0.12	-0.48		-0.23
Common Stock Total Equity	0.84	0.54	0.68	0.24	0.5	0.75	0.26	0.83	0.14	0.94	0.39	0.96	0.83	-0.74	0.43	0.95	0.93	0.78	0.74	0.76	-0.44	0.16	0.64	0.64	-0.23

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Pine Cliff Account Relationship Matchups

Pine Cliff fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	323.7M	288.9M	379.0M	375.1M	477.1M	244.4M
Other Current Liab	2M	1.5M	3.9M	6.9M	7.1M	7.5M
Total Current Liabilities	30.6M	29.9M	44.5M	37.5M	64.5M	67.7M
Total Stockholder Equity	10.5M	(37.3M)	45.4M	133.7M	99.9M	71.1M
Net Debt	55.7M	56.1M	38.7M	(51.1M)	62.3M	65.5M
Accounts Payable	27.5M	27.3M	39.6M	29.6M	43.8M	46.0M
Cash	8.7M	7.9M	6.9M	54.4M	(208K)	(197.6K)
Non Current Assets Total	299.3M	263.7M	347.1M	289.5M	445.9M	468.2M
Cash And Short Term Investments	8.7M	7.9M	6.9M	54.6M	208K	197.6K
Liabilities And Stockholders Equity	323.7M	288.9M	379.0M	375.1M	477.1M	244.4M
Total Liab	313.2M	326.2M	333.6M	241.3M	377.1M	396.0M
Total Current Assets	24.5M	25.2M	31.9M	85.6M	31.2M	22.3M
Common Stock	273.4M	275.0M	275.8M	277.7M	278.6M	188.6M
Property Plant And Equipment Net	299.3M	263.7M	296.4M	252.5M	402.3M	215.7M
Retained Earnings	(277.0M)	(327.1M)	(245.7M)	(160.3M)	(197.2M)	(187.4M)
Net Receivables	13.6M	14.9M	21.6M	27.2M	23.7M	12.9M
Common Stock Shares Outstanding	319.3M	330.3M	348.3M	360.0M	359.4M	213.5M
Non Current Liabilities Total	282.7M	296.3M	289.0M	203.8M	312.6M	158.5M
Other Current Assets	2.2M	2.5M	3.4M	3.8M	7.3M	7.7M
Other Stockholder Equity	13.6M	14.5M	15.4M	16.6M	18.7M	19.7M
Property Plant And Equipment Gross	299.3M	263.7M	710.0M	698.4M	890.1M	934.6M
Short Term Debt	1.0M	1.1M	1.1M	1.0M	13.6M	7.8M
Short Long Term Debt Total	64.4M	63.9M	45.6M	3.3M	62.1M	57.8M
Other Liab	219.4M	233.5M	244.5M	201.5M	231.7M	216.0M
Net Tangible Assets	10.5M	(37.3M)	45.4M	133.7M	120.4M	86.8M
Other Assets	29.2M	0.0	50.6M	37.0M	42.6M	35.7M
Property Plant Equipment	299.3M	263.7M	296.4M	252.5M	227.2M	262.0M
Long Term Debt	60.6M	54.7M	41.9M	0.0	46.6M	43.5M
Long Term Debt Total	63.3M	62.8M	44.5M	2.3M	2.1M	2.0M
Capital Surpluse	13.6M	14.5M	15.4M	16.6M	19.1M	13.8M
Net Invested Capital	65.2M	17.4M	87.3M	133.7M	150.5M	85.9M
Net Working Capital	(6.1M)	(4.7M)	(12.6M)	48.0M	(33.3M)	(31.6M)
Capital Stock	273.4M	275.0M	275.8M	277.7M	278.6M	302.3M

Pair Trading with Pine Cliff

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 Pine Cliff 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 Pine Cliff will appreciate offsetting losses from the drop in the long position's value.

Moving against Pine Stock

0.67	FFH-PC	Fairfax Fin Hld	Pair Corr
0.66	ELF	E L Financial	Pair Corr
0.58	FFH	Fairfax Financial	Pair Corr
0.45	ENS-PA	E Split Corp	Pair Corr
0.44	ENS	E Split Corp	Pair Corr

The ability to find closely correlated positions to Pine Cliff could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pine Cliff 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 Pine Cliff - 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 Pine Cliff Energy to buy it.

The correlation of Pine Cliff 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 Pine Cliff moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pine Cliff Energy 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 Pine Cliff 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.

Pair Correlation Correlation Matching

Other Information on Investing in Pine Stock

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

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Pine Gross Profit vs Research Development Analysis

Gross Profit vs Research Development

Gross Profit vs Research Development Correlation Analysis

Correlation Coefficient

Gross Profit

Research Development

Pine Cliff fundamental ratios Correlations

Pine Cliff Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pine Cliff fundamental ratios Accounts

Pair Trading with Pine Cliff

Moving against Pine Stock

Other Information on Investing in Pine Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.97	Common Stock
Short Long Term Debt Total	+ 0.96	Net Debt
Cash And Short Term Investments	+ 0.96	Cash
Common Stock Total Equity	+ 0.96	Common Stock
Common Stock Total Equity	+ 0.95	Common Stock Shares Outstanding

Non Currrent Assets Other	- 0.86	Retained Earnings
Other Stockholder Equity	- 0.84	Retained Earnings
Retained Earnings	- 0.78	Accounts Payable
Common Stock Shares Outstanding	- 0.76	Retained Earnings
Good Will	- 0.75	Other Current Assets
Common Stock Total Equity	- 0.74	Retained Earnings