Pembina Historical Balance Sheet
PPL Stock | CAD 57.71 0.07 0.12% |
Trend analysis of Pembina Pipeline Corp balance sheet accounts such as Property Plant And Equipment Net of 17.1 B, Net Debt of 11.6 B, Accounts Payable of 582.8 M or Cash of 69.6 M provides information on Pembina Pipeline's total assets, liabilities, and equity, which is the actual value of Pembina Pipeline Corp to its prevalent stockholders. By breaking down trends over time using Pembina Pipeline 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 Pembina Pipeline Corp 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 Pembina Pipeline Corp is a good buy for the upcoming year.
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About Pembina Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Pembina Pipeline Corp at a specified time, usually calculated after every quarter, six months, or one year. Pembina Pipeline Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pembina Pipeline 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 Pembina currently owns. An asset can also be divided into two categories, current and non-current.
Pembina Pipeline Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Pembina Pipeline balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pembina Pipeline 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.Liabilities And Stockholders Equity
The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.Most accounts from Pembina Pipeline's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Pembina Pipeline Corp 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 Pembina Pipeline 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, Pembina Pipeline's Accounts Payable is very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 31.5 B, though Retained Earnings are likely to grow to (2.3 B).
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 606M | 752M | 1.9B | 2.0B | Total Assets | 31.5B | 31.5B | 32.6B | 34.2B |
Pembina Pipeline balance sheet Correlations
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Pembina Pipeline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pembina Pipeline balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.2B | 31.4B | 31.5B | 31.5B | 32.6B | 34.2B | |
Other Current Liab | 404M | 530M | 606M | 752M | 1.9B | 2.0B | |
Total Current Liabilities | 1.5B | 1.8B | 2.4B | 2.0B | 3.2B | 3.4B | |
Total Stockholder Equity | 16.7B | 15.0B | 14.3B | 15.7B | 15.8B | 16.6B | |
Property Plant And Equipment Net | 19.6B | 19.2B | 18.8B | 16.0B | 16.3B | 17.1B | |
Net Debt | 10.8B | 11.6B | 11.9B | 11.2B | 11.0B | 11.6B | |
Retained Earnings | (1.9B) | (3.6B) | (3.9B) | (2.6B) | (2.4B) | (2.3B) | |
Accounts Payable | 717M | 434M | 625M | 571M | 555M | 582.8M | |
Cash | 129M | 81M | 43M | 94M | 137M | 69.6M | |
Non Current Assets Total | 32.2B | 30.4B | 30.2B | 30.1B | 30.0B | 31.5B | |
Non Currrent Assets Other | 186M | 188M | 320M | 315M | 327M | 343.4M | |
Cash And Short Term Investments | 129M | 81M | 43M | 94M | 137M | 69.6M | |
Net Receivables | 575M | 638M | 780M | 696M | 698M | 732.9M | |
Common Stock Shares Outstanding | 509M | 514M | 550M | 551M | 554M | 291.3M | |
Liabilities And Stockholders Equity | 33.2B | 31.4B | 31.5B | 31.5B | 32.6B | 34.2B | |
Other Stockholder Equity | 98M | 2M | 28M | 341M | 306.9M | 387.1M | |
Total Liab | 16.4B | 16.4B | 17.1B | 15.7B | 16.8B | 17.6B | |
Property Plant And Equipment Gross | 19.6B | 19.2B | 22.7B | 19.8B | 20.3B | 21.3B | |
Total Current Assets | 987M | 989M | 1.2B | 1.4B | 2.6B | 2.8B | |
Accumulated Other Comprehensive Income | 98M | 2M | 28M | 341M | 221M | 232.1M | |
Short Long Term Debt Total | 11.0B | 11.7B | 12.0B | 11.3B | 11.1B | 11.7B | |
Non Current Liabilities Total | 14.9B | 14.6B | 14.7B | 13.6B | 13.6B | 14.3B | |
Short Term Debt | 186M | 699M | 1.1B | 679M | 727M | 763.4M | |
Current Deferred Revenue | 39M | 62M | 71M | 56M | 33M | 31.4M | |
Other Current Assets | 159M | 49M | 46M | 321M | 1.5B | 1.5B | |
Intangible Assets | 1.7B | 1.6B | 1.5B | 1.6B | 1.5B | 794.3M | |
Good Will | 4.7B | 4.7B | 4.7B | 4.6B | 4.6B | 2.5B | |
Common Stock Total Equity | 13.4B | 13.7B | 15.5B | 15.6B | 18.0B | 9.0B | |
Inventory | 126M | 221M | 376M | 269M | 333M | 180.3M | |
Common Stock | 15.5B | 15.6B | 15.7B | 15.8B | 15.8B | 10.7B | |
Other Liab | 3.7B | 3.7B | 3.8B | 3.0B | 3.5B | 3.0B | |
Net Tangible Assets | 7.4B | 5.7B | 5.5B | 7.4B | 8.5B | 5.8B | |
Other Assets | 295M | 510M | 577M | 357M | 410.6M | 226.5M | |
Long Term Debt | 10.1B | 10.3B | 10.2B | 10B | 9.8B | 7.7B | |
Long Term Investments | 6.0B | 4.4B | 4.6B | 7.4B | 7.0B | 4.3B | |
Short Long Term Debt | 480M | 74M | 600M | 1B | 650M | 433.7M | |
Property Plant Equipment | 19.1B | 19.2B | 18.8B | 16.0B | 18.4B | 14.9B | |
Long Term Debt Total | 10.8B | 11.0B | 10.9B | 10.6B | 12.2B | 8.9B |
Pair Trading with Pembina Pipeline
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 Pembina Pipeline 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 Pembina Pipeline will appreciate offsetting losses from the drop in the long position's value.Moving together with Pembina Stock
0.9 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.79 | ENB-PFU | Enbridge Pref L | PairCorr |
0.84 | ENS | E Split Corp | PairCorr |
0.71 | ENS-PA | E Split Corp | PairCorr |
Moving against Pembina Stock
The ability to find closely correlated positions to Pembina Pipeline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pembina Pipeline 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 Pembina Pipeline - 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 Pembina Pipeline Corp to buy it.
The correlation of Pembina Pipeline 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 Pembina Pipeline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pembina Pipeline Corp 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 Pembina Pipeline 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pembina Pipeline 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. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.