Prairie Cash vs Current Deferred Revenue 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 Cash and its Current Deferred Revenue 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.
Cash vs Current Deferred Revenue
Cash vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prairie Provident Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Prairie Provident's Cash and Current Deferred Revenue is -0.77. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue 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 Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Prairie Provident Resources are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Prairie Provident's Cash and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Prairie Provident, which is listed under current asset account on Prairie Provident Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Prairie Provident customers. The amounts must be unrestricted with restricted cash listed in a different Prairie Provident account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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.