Prairie Total Assets vs Cash And Short Term Investments 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 Total Assets and its Cash And Short Term Investments 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.

Total Assets vs Cash And Short Term Investments

Total Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prairie Provident Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Prairie Provident's Total Assets and Cash And Short Term Investments is 0.38. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Prairie Provident Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Prairie Provident's Total Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Prairie Provident assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Prairie Provident books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Prairie Provident balance sheet. This account contains Prairie Provident investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Prairie Provident Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.