Prairie Change In Cash vs Net Income 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 Change In Cash and its Net Income 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.

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prairie Provident Change In Cash account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Prairie Provident's Change In Cash and Net Income is 0.15. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income 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 Change In Cash and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Prairie Provident Resources are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Prairie Provident's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Prairie Provident financial statement analysis. It represents the amount of money remaining after all of Prairie Provident Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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

0.030.150.61-0.140.680.210.380.440.04-0.060.780.10.620.030.98-0.340.980.80.21-0.13-0.11-0.040.190.520.45
0.03-0.580.33-0.690.550.670.310.010.72-0.230.310.750.380.49-0.06-0.92-0.06-0.140.840.29-0.10.7-0.64-0.310.54
0.15-0.58-0.540.82-0.13-0.27-0.050.21-0.550.46-0.47-0.4-0.56-0.090.20.550.2-0.24-0.670.180.11-0.40.360.05-0.72
0.610.33-0.54-0.690.580.030.080.350.18-0.210.90.161.0-0.20.57-0.460.570.750.51-0.01-0.090.080.10.470.7
-0.14-0.690.82-0.69-0.33-0.38-0.07-0.18-0.70.18-0.59-0.64-0.71-0.25-0.060.7-0.06-0.33-0.79-0.070.05-0.60.50.21-0.74
0.680.55-0.130.58-0.330.420.430.320.2-0.280.690.310.60.260.61-0.690.610.380.550.180.00.160.010.320.48
0.210.67-0.270.03-0.380.420.80.00.61-0.150.290.60.10.570.15-0.770.140.00.54-0.03-0.250.49-0.47-0.280.48
0.380.31-0.050.08-0.070.430.80.110.08-0.050.360.050.140.170.38-0.470.370.190.22-0.15-0.24-0.090.10.230.29
0.440.010.210.35-0.180.320.00.11-0.180.130.260.010.340.130.42-0.090.440.250.110.650.32-0.190.150.03-0.14
0.040.72-0.550.18-0.70.20.610.08-0.18-0.270.270.930.230.65-0.05-0.76-0.060.060.72-0.1-0.160.94-0.88-0.570.68
-0.06-0.230.46-0.210.18-0.28-0.15-0.050.13-0.27-0.32-0.17-0.22-0.34-0.040.35-0.04-0.25-0.290.17-0.09-0.070.17-0.07-0.46
0.780.31-0.470.9-0.590.690.290.360.260.27-0.320.220.92-0.010.73-0.580.720.860.53-0.24-0.160.090.10.520.83
0.10.75-0.40.16-0.640.310.60.050.010.93-0.170.220.210.67-0.01-0.76-0.01-0.020.710.18-0.10.96-0.89-0.620.54
0.620.38-0.561.0-0.710.60.10.140.340.23-0.220.920.21-0.160.57-0.520.570.740.55-0.02-0.10.110.060.450.73
0.030.49-0.09-0.2-0.250.260.570.170.130.65-0.34-0.010.67-0.16-0.05-0.59-0.04-0.170.510.190.160.58-0.65-0.550.21
0.98-0.060.20.57-0.060.610.150.380.42-0.05-0.040.73-0.010.57-0.05-0.251.00.810.13-0.17-0.13-0.140.240.590.37
-0.34-0.920.55-0.460.7-0.69-0.77-0.47-0.09-0.760.35-0.58-0.76-0.52-0.59-0.25-0.24-0.18-0.89-0.10.15-0.660.560.15-0.73
0.98-0.060.20.57-0.060.610.140.370.44-0.06-0.040.72-0.010.57-0.041.0-0.240.810.12-0.16-0.1-0.150.240.580.36
0.8-0.14-0.240.75-0.330.380.00.190.250.06-0.250.86-0.020.74-0.170.81-0.180.810.19-0.42-0.13-0.110.220.590.62
0.210.84-0.670.51-0.790.550.540.220.110.72-0.290.530.710.550.510.13-0.890.120.190.09-0.140.64-0.56-0.140.67
-0.130.290.18-0.01-0.070.18-0.03-0.150.65-0.10.17-0.240.18-0.020.19-0.17-0.1-0.16-0.420.090.320.07-0.13-0.34-0.4
-0.11-0.10.11-0.090.050.0-0.25-0.240.32-0.16-0.09-0.16-0.1-0.10.16-0.130.15-0.1-0.13-0.140.32-0.140.06-0.07-0.23
-0.040.7-0.40.08-0.60.160.49-0.09-0.190.94-0.070.090.960.110.58-0.14-0.66-0.15-0.110.640.07-0.14-0.92-0.670.5
0.19-0.640.360.10.50.01-0.470.10.15-0.880.170.1-0.890.06-0.650.240.560.240.22-0.56-0.130.06-0.920.75-0.32
0.52-0.310.050.470.210.32-0.280.230.03-0.57-0.070.52-0.620.45-0.550.590.150.580.59-0.14-0.34-0.07-0.670.750.14
0.450.54-0.720.7-0.740.480.480.29-0.140.68-0.460.830.540.730.210.37-0.730.360.620.67-0.4-0.230.5-0.320.14
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Prairie Provident Account Relationship Matchups

Prairie Provident fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets331.5M220.3M233.0M223.1M167.3M171.2M
Total Current Liabilities29.4M21.4M39.0M175.0M133.7M140.4M
Total Stockholder Equity13.6M(76.9M)(66.6M)(69.1M)(42.9M)(40.7M)
Net Debt118.4M103.7M110.4M120.4M71.7M51.7M
Retained Earnings(126.9M)(217.6M)(207.2M)(209.6M)(229.7M)(218.3M)
Accounts Payable18.5M14.7M20.0M36.7M24.0M15.9M
Cash2.9M4.5M1.9M6.6M6.1M6.4M
Cash And Short Term Investments2.9M4.5M1.9M6.6M1.8M2.4M
Net Receivables8.7M7.9M9.3M9.5M6.6M7.3M
Common Stock Shares Outstanding171.4M172.0M165.5M129.3M497.3M522.1M
Liabilities And Stockholders Equity331.5M220.3M233.0M223.1M167.3M171.2M
Other Stockholder Equity2.9M3.7M38.8M39.1M40.3M38.3M
Total Liab317.9M297.2M299.5M292.2M210.2M142.6M
Total Current Assets20.7M20.8M19.6M25.6M66.4M69.7M
Short Long Term Debt Total121.2M108.2M112.2M127.0M77.8M59.1M
Other Current Liab5.9M4.2M16.7M11.5M34.4M36.1M
Property Plant And Equipment Net309.9M198.9M212.7M196.9M100.3M160.3M
Non Current Assets Total310.8M199.5M213.4M197.5M100.9M161.9M
Non Current Liabilities Total288.5M275.8M260.5M117.2M76.5M109.6M
Property Plant And Equipment Gross309.9M198.9M751.7M742.4M682.9M717.0M
Accumulated Other Comprehensive Income470K539K474K(117K)(740K)(777K)
Short Term Debt5.0M2.5M2.3M126.8M75.3M79.1M
Non Currrent Assets Other464K189K634K619K557.1K705.8K
Other Current Assets8.2M7.8M7.6M8.6M54.7M57.4M
Inventory958K604K823K857K(1.0)(0.95)
Other Liab148.5M169.8M170.1M150.6M173.2M142.3M
Net Tangible Assets47.1M13.6M(76.9M)(66.6M)(59.9M)(56.9M)
Other Assets1.1M966K634K619K1.00.95
Long Term Debt55.8M101.1M113.6M103.1M109.4M0.0
Common Stock136.0M136.5M101.4M101.5M147.3M125.8M
Property Plant Equipment309.9M198.9M212.7M196.9M226.5M248.0M
Long Term Debt Total118.7M105.7M109.9M154K177.1K168.2K
Capital Surpluse2.9M3.7M38.8M39.1M44.9M47.2M
Non Current Liabilities Other6.0M7.4M7.6M8.2M8.5M8.1M
Net Invested Capital127.2M26.2M42.8M57.2M29.7M28.3M
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.