Pine Price To Sales Ratio vs Average Payables Analysis

PNE Stock

CAD 0.85 0.01 1.16%

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 Price To Sales Ratio and its Average Payables 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.

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pine Cliff Energy Price To Sales Ratio account and Average Payables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Pine Cliff's Price To Sales Ratio and Average Payables is -0.64. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Payables 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 Price To Sales Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Pine Cliff Energy are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Price To Sales Ratio i.e., Pine Cliff's Price To Sales Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Pine Cliff Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Pine Cliff sales, a figure that is much harder to manipulate than other Pine Cliff Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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 Selling General Administrative is very stable compared to the past year. As of the 16th of February 2025, Issuance Of Capital Stock is likely to grow to about 2.8 M, though Tax Provision is likely to grow to (5.6 M).

	2022	2023	2024	2025 (projected)
Gross Profit	230.2M	16.1M	18.5M	17.6M
Total Revenue	310.0M	176.3M	202.7M	212.8M

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		0.74	0.73	0.61	0.69	0.65	0.02	1.0	-0.02	0.93	0.32	0.81	0.99	-0.35	0.56	0.72	0.91	0.79	0.58	0.82	-0.16	0.38	0.79	0.4	-0.42	0.84
Other Current Liab	0.74		0.72	0.44	0.27	0.62	0.19	0.71	0.14	0.68	0.43	0.52	0.69	-0.2	0.6	0.5	0.63	0.78	0.61	0.83	-0.17	0.28	0.38	0.41	-0.53	0.56
Total Current Liabilities	0.73	0.72		0.28	0.26	0.81	-0.01	0.72	-0.06	0.74	0.29	0.62	0.69	-0.41	0.61	0.65	0.65	0.85	0.73	0.83	-0.21	0.55	0.3	0.51	-0.58	0.67
Total Stockholder Equity	0.61	0.44	0.28		0.38	-0.05	0.03	0.6	0.18	0.27	0.32	0.33	0.57	0.43	0.31	0.21	0.26	0.22	-0.15	0.3	0.5	0.58	0.44	-0.36	0.02	0.25
Net Debt	0.69	0.27	0.26	0.38		0.21	-0.52	0.75	-0.56	0.67	-0.31	0.48	0.78	-0.17	0.1	0.3	0.71	0.38	0.12	0.34	-0.08	0.24	0.96	0.04	-0.18	0.51
Accounts Payable	0.65	0.62	0.81	-0.05	0.21		0.15	0.63	0.0	0.81	0.35	0.67	0.61	-0.7	0.63	0.74	0.76	0.9	0.96	0.9	-0.53	-0.04	0.3	0.84	-0.62	0.75
Cash	0.02	0.19	-0.01	0.03	-0.52	0.15		-0.06	0.96	0.02	0.81	0.25	-0.07	-0.24	0.26	0.32	0.03	0.0	0.27	0.16	-0.23	-0.24	-0.27	0.32	0.15	0.24
Non Current Assets Total	1.0	0.71	0.72	0.6	0.75	0.63	-0.06		-0.1	0.93	0.23	0.79	1.0	-0.33	0.5	0.69	0.91	0.78	0.55	0.8	-0.16	0.39	0.83	0.37	-0.42	0.83
Cash And Short Term Investments	-0.02	0.14	-0.06	0.18	-0.56	0.0	0.96	-0.1		-0.1	0.85	0.18	-0.12	-0.05	0.29	0.22	-0.1	-0.12	0.11	0.05	0.06	-0.13	-0.33	0.14	0.22	0.11
Total Liab	0.93	0.68	0.74	0.27	0.67	0.81	0.02	0.93	-0.1		0.25	0.86	0.93	-0.64	0.53	0.8	0.99	0.84	0.77	0.85	-0.43	0.19	0.77	0.65	-0.46	0.92
Total Current Assets	0.32	0.43	0.29	0.32	-0.31	0.35	0.81	0.23	0.85	0.25		0.49	0.21	-0.24	0.72	0.52	0.22	0.26	0.41	0.41	0.03	0.0	-0.08	0.35	0.02	0.41
Common Stock	0.81	0.52	0.62	0.33	0.48	0.67	0.25	0.79	0.18	0.86	0.49		0.8	-0.7	0.53	0.97	0.86	0.64	0.68	0.66	-0.29	0.2	0.64	0.58	-0.08	0.97
Property Plant And Equipment Net	0.99	0.69	0.69	0.57	0.78	0.61	-0.07	1.0	-0.12	0.93	0.21	0.8		-0.36	0.48	0.69	0.93	0.76	0.54	0.77	-0.19	0.38	0.85	0.37	-0.4	0.84
Retained Earnings	-0.35	-0.2	-0.41	0.43	-0.17	-0.7	-0.24	-0.33	-0.05	-0.64	-0.24	-0.7	-0.36		-0.3	-0.75	-0.65	-0.48	-0.8	-0.43	0.65	0.24	-0.27	-0.85	0.14	-0.74
Net Receivables	0.56	0.6	0.61	0.31	0.1	0.63	0.26	0.5	0.29	0.53	0.72	0.53	0.48	-0.3		0.5	0.48	0.62	0.6	0.68	0.04	0.12	0.19	0.46	-0.43	0.48
Common Stock Shares Outstanding	0.72	0.5	0.65	0.21	0.3	0.74	0.32	0.69	0.22	0.8	0.52	0.97	0.69	-0.75	0.5		0.79	0.66	0.76	0.68	-0.37	0.15	0.47	0.67	-0.08	0.95
Non Current Liabilities Total	0.91	0.63	0.65	0.26	0.71	0.76	0.03	0.91	-0.1	0.99	0.22	0.86	0.93	-0.65	0.48	0.79		0.8	0.74	0.8	-0.45	0.1	0.82	0.64	-0.41	0.92
Other Current Assets	0.79	0.78	0.85	0.22	0.38	0.9	0.0	0.78	-0.12	0.84	0.26	0.64	0.76	-0.48	0.62	0.66	0.8		0.86	0.94	-0.43	0.17	0.45	0.67	-0.71	0.73
Other Stockholder Equity	0.58	0.61	0.73	-0.15	0.12	0.96	0.27	0.55	0.11	0.77	0.41	0.68	0.54	-0.8	0.6	0.76	0.74	0.86		0.84	-0.59	-0.14	0.24	0.92	-0.57	0.76
Property Plant And Equipment Gross	0.82	0.83	0.83	0.3	0.34	0.9	0.16	0.8	0.05	0.85	0.41	0.66	0.77	-0.43	0.68	0.68	0.8	0.94	0.84		-0.39	0.13	0.45	0.67	-0.64	0.73
Short Term Investments	-0.16	-0.17	-0.21	0.5	-0.08	-0.53	-0.23	-0.16	0.06	-0.43	0.03	-0.29	-0.19	0.65	0.04	-0.37	-0.45	-0.43	-0.59	-0.39		0.38	-0.19	-0.66	0.23	-0.46
Short Term Debt	0.38	0.28	0.55	0.58	0.24	-0.04	-0.24	0.39	-0.13	0.19	0.0	0.2	0.38	0.24	0.12	0.15	0.1	0.17	-0.14	0.13	0.38		0.19	-0.32	0.0	0.17
Short Long Term Debt Total	0.79	0.38	0.3	0.44	0.96	0.3	-0.27	0.83	-0.33	0.77	-0.08	0.64	0.85	-0.27	0.19	0.47	0.82	0.45	0.24	0.45	-0.19	0.19		0.16	-0.13	0.66
Non Currrent Assets Other	0.4	0.41	0.51	-0.36	0.04	0.84	0.32	0.37	0.14	0.65	0.35	0.58	0.37	-0.85	0.46	0.67	0.64	0.67	0.92	0.67	-0.66	-0.32	0.16		-0.44	0.66
Good Will	-0.42	-0.53	-0.58	0.02	-0.18	-0.62	0.15	-0.42	0.22	-0.46	0.02	-0.08	-0.4	0.14	-0.43	-0.08	-0.41	-0.71	-0.57	-0.64	0.23	0.0	-0.13	-0.44		-0.21
Common Stock Total Equity	0.84	0.56	0.67	0.25	0.51	0.75	0.24	0.83	0.11	0.92	0.41	0.97	0.84	-0.74	0.48	0.95	0.92	0.73	0.76	0.73	-0.46	0.17	0.66	0.66	-0.21

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Pine Cliff Account Relationship Matchups

Pine Cliff fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	288.9M	379.0M	375.1M	477.1M	548.6M	576.1M
Other Current Liab	1.5M	3.9M	6.9M	7.1M	8.2M	8.6M
Total Current Liabilities	29.9M	44.5M	37.5M	64.5M	74.2M	77.9M
Total Stockholder Equity	(37.3M)	45.4M	133.7M	99.9M	114.9M	71.1M
Net Debt	56.1M	38.7M	(51.1M)	53.7M	61.8M	64.8M
Accounts Payable	27.3M	39.6M	29.6M	43.8M	50.4M	52.9M
Cash	7.9M	6.9M	54.4M	(208K)	(239.2K)	(227.2K)
Non Current Assets Total	263.7M	347.1M	289.5M	445.9M	512.8M	538.4M
Cash And Short Term Investments	7.9M	6.9M	54.6M	208K	239.2K	227.2K
Liabilities And Stockholders Equity	288.9M	379.0M	375.1M	477.1M	548.6M	576.1M
Total Liab	326.2M	333.6M	241.3M	377.1M	433.7M	455.4M
Total Current Assets	25.2M	31.9M	85.6M	31.2M	35.9M	22.3M
Common Stock	275.0M	275.8M	277.7M	278.6M	320.4M	188.6M
Property Plant And Equipment Net	263.7M	296.4M	252.5M	402.3M	462.6M	485.8M
Retained Earnings	(327.1M)	(245.7M)	(160.3M)	(197.2M)	(177.5M)	(168.6M)
Net Receivables	14.9M	21.6M	27.2M	23.7M	27.2M	28.6M
Common Stock Shares Outstanding	330.3M	348.3M	360.0M	359.4M	413.3M	213.5M
Non Current Liabilities Total	296.3M	289.0M	203.8M	312.6M	359.5M	377.5M
Other Current Assets	2.5M	3.4M	3.8M	7.3M	8.4M	8.8M
Other Stockholder Equity	14.8M	15.4M	16.6M	18.7M	21.6M	22.6M
Property Plant And Equipment Gross	263.7M	710.0M	698.4M	890.1M	1.0B	1.1B
Short Term Debt	1.1M	1.1M	1.0M	13.6M	12.2M	7.8M
Short Long Term Debt Total	63.9M	45.6M	3.3M	62.1M	71.5M	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
Property Plant Equipment	299.3M	263.7M	296.4M	252.5M	227.2M	262.0M
Long Term Debt	54.7M	41.9M	0.0	46.6M	41.9M	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	17.4M	87.3M	133.7M	150.5M	135.5M	85.9M
Net Working Capital	(4.7M)	(12.6M)	48.0M	(33.3M)	(38.3M)	(36.4M)
Capital Stock	275.0M	275.8M	277.7M	278.6M	320.4M	302.3M
Capital Lease Obligations	3.2M	3.7M	3.3M	3.1M	2.8M	2.7M

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 together with Pine Stock

0.64

ENS

E Split Corp

Pair Corr

Moving against Pine Stock

0.31

SHOP

Shopify

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 Price To Sales Ratio vs Average Payables Analysis

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Average Payables

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 together with Pine Stock

Moving against Pine Stock

Other Information on Investing in Pine Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Liab
Common Stock Shares Outstanding	+ 0.97	Common Stock
Common Stock Total Equity	+ 0.97	Common Stock

Non Currrent Assets Other	- 0.85	Retained Earnings
Other Stockholder Equity	- 0.8	Retained Earnings
Common Stock Shares Outstanding	- 0.75	Retained Earnings
Common Stock Total Equity	- 0.74	Retained Earnings
Good Will	- 0.71	Other Current Assets
Retained Earnings	- 0.7	Common Stock