| PRQ Stock | | | CAD 1.39 0.03 2.11% |
Petrus Resources financial indicator trend analysis is much more than just breaking down Petrus Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Petrus Resources is a good investment. Please check the relationship between Petrus Resources Total Assets and its Common Stock accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrus 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 Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Petrus Resources Total Assets account and
Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Petrus Resources' Total Assets and Common Stock is 0.75. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Petrus Resources, assuming nothing else is changed. The correlation between historical values of Petrus Resources' Total Assets and Common Stock 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 Petrus Resources are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Petrus Resources' Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Petrus Resources 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 Petrus Resources 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.
Common Stock
Most indicators from Petrus Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petrus Resources 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 Petrus 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.
At this time, Petrus Resources'
Sales General And Administrative To Revenue is very stable compared to the past year. As of the 27th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 2.63, while
Selling General Administrative is likely to drop about 4.1
M.
Petrus Resources fundamental ratios Correlations
Click cells to compare fundamentals
Petrus Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Petrus Resources fundamental ratios Accounts
Other Information on Investing in Petrus Stock
Balance Sheet is a snapshot of the
financial position of Petrus Resources at a specified time, usually calculated after every quarter, six months, or one year. Petrus Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Petrus Resources 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 Petrus currently owns. An asset can also be divided into two categories, current and non-current.