Prairie Capital Expenditures vs Other Non Cash Items Analysis
PPR Stock | CAD 0.03 0.01 14.29% |
Prairie Provident financial indicator trend analysis is much more than just breaking down Prairie Provident prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prairie Provident is a good investment. Please check the relationship between Prairie Provident Capital Expenditures and its Other Non Cash Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prairie Provident Resources. 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.
Capital Expenditures vs Other Non Cash Items
Capital Expenditures vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prairie Provident Capital Expenditures account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Prairie Provident's Capital Expenditures and Other Non Cash Items is -0.29. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Prairie Provident Resources, assuming nothing else is changed. The correlation between historical values of Prairie Provident's Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Prairie Provident Resources are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Prairie Provident's Capital Expenditures and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Prairie Provident to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Prairie Provident operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Other Non Cash Items
Most indicators from Prairie Provident's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prairie Provident 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 Prairie Provident Resources. 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. Prairie Provident reported last year Tax Provision of (174,000). As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 4.2 M, while Selling General Administrative is likely to drop about 6.7 M.
Prairie Provident fundamental ratios Correlations
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Prairie Provident Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prairie Provident fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 331.5M | 220.3M | 233.0M | 223.1M | 167.3M | 171.2M | |
Total Current Liabilities | 29.4M | 21.4M | 39.0M | 175.0M | 133.7M | 140.4M | |
Total Stockholder Equity | 13.6M | (76.9M) | (66.6M) | (69.1M) | (42.9M) | (40.7M) | |
Net Debt | 118.4M | 103.7M | 110.4M | 120.4M | 71.7M | 51.7M | |
Retained Earnings | (126.9M) | (217.6M) | (207.2M) | (209.6M) | (229.7M) | (218.3M) | |
Accounts Payable | 18.5M | 14.7M | 20.0M | 36.7M | 24.0M | 15.9M | |
Cash | 2.9M | 4.5M | 1.9M | 6.6M | 6.1M | 6.4M | |
Cash And Short Term Investments | 2.9M | 4.5M | 1.9M | 6.6M | 1.8M | 2.4M | |
Net Receivables | 8.7M | 7.9M | 9.3M | 9.5M | 6.6M | 7.3M | |
Common Stock Shares Outstanding | 171.4M | 172.0M | 165.5M | 129.3M | 497.3M | 522.1M | |
Liabilities And Stockholders Equity | 331.5M | 220.3M | 233.0M | 223.1M | 167.3M | 171.2M | |
Other Stockholder Equity | 2.9M | 3.7M | 38.8M | 39.1M | 40.3M | 38.3M | |
Total Liab | 317.9M | 297.2M | 299.5M | 292.2M | 210.2M | 142.6M | |
Total Current Assets | 20.7M | 20.8M | 19.6M | 25.6M | 66.4M | 69.7M | |
Short Long Term Debt Total | 121.2M | 108.2M | 112.2M | 127.0M | 77.8M | 59.1M | |
Other Current Liab | 5.9M | 4.2M | 16.7M | 11.5M | 34.4M | 36.1M | |
Property Plant And Equipment Net | 309.9M | 198.9M | 212.7M | 196.9M | 100.3M | 160.3M | |
Non Current Assets Total | 310.8M | 199.5M | 213.4M | 197.5M | 100.9M | 161.9M | |
Non Current Liabilities Total | 288.5M | 275.8M | 260.5M | 117.2M | 76.5M | 109.6M | |
Property Plant And Equipment Gross | 309.9M | 198.9M | 751.7M | 742.4M | 682.9M | 717.0M | |
Accumulated Other Comprehensive Income | 470K | 539K | 474K | (117K) | (740K) | (777K) | |
Short Term Debt | 5.0M | 2.5M | 2.3M | 126.8M | 75.3M | 79.1M | |
Non Currrent Assets Other | 464K | 189K | 634K | 619K | 557.1K | 705.8K | |
Other Current Assets | 8.2M | 7.8M | 7.6M | 8.6M | 54.7M | 57.4M | |
Inventory | 958K | 604K | 823K | 857K | (1.0) | (0.95) | |
Other Liab | 148.5M | 169.8M | 170.1M | 150.6M | 173.2M | 142.3M | |
Net Tangible Assets | 47.1M | 13.6M | (76.9M) | (66.6M) | (59.9M) | (56.9M) | |
Other Assets | 1.1M | 966K | 634K | 619K | 1.0 | 0.95 | |
Long Term Debt | 55.8M | 101.1M | 113.6M | 103.1M | 109.4M | 0.0 | |
Common Stock | 136.0M | 136.5M | 101.4M | 101.5M | 147.3M | 125.8M | |
Property Plant Equipment | 309.9M | 198.9M | 212.7M | 196.9M | 226.5M | 248.0M | |
Long Term Debt Total | 118.7M | 105.7M | 109.9M | 154K | 177.1K | 168.2K | |
Capital Surpluse | 2.9M | 3.7M | 38.8M | 39.1M | 44.9M | 47.2M | |
Non Current Liabilities Other | 6.0M | 7.4M | 7.6M | 8.2M | 8.5M | 8.1M | |
Net Invested Capital | 127.2M | 26.2M | 42.8M | 57.2M | 29.7M | 28.3M | |
Net Working Capital | (8.7M) | (610K) | (19.4M) | (149.4M) | (67.3M) | (63.9M) |
Other Information on Investing in Prairie Stock
Balance Sheet is a snapshot of the financial position of Prairie Provident at a specified time, usually calculated after every quarter, six months, or one year. Prairie Provident Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prairie Provident 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 Prairie currently owns. An asset can also be divided into two categories, current and non-current.