Petrus Total Stockholder Equity vs Inventory Analysis
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 Stockholder Equity and its Inventory 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 Stockholder Equity vs Inventory
Total Stockholder Equity vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petrus Resources Total Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Petrus Resources' Total Stockholder Equity and Inventory is -0.21. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Inventory 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 Stockholder Equity and Inventory 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 Stockholder Equity of Petrus Resources are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Stockholder Equity i.e., Petrus Resources' Total Stockholder Equity and Inventory go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Inventory
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.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 47.9M | 94.9M | 26.1M | 47.9M | Total Revenue | 81.3M | 152.4M | 108.4M | 87.9M |
Petrus Resources fundamental ratios Correlations
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Petrus Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Petrus Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 289.2M | 177.9M | 290.5M | 381.1M | 437.8M | 459.7M | |
Other Current Liab | 13.0M | 8.7M | 22.2M | 46.5M | 1.9M | 1.8M | |
Total Current Liabilities | 140.2M | 123.0M | 80.1M | 51.4M | 61.8M | 34.6M | |
Total Stockholder Equity | 106.7M | 9.6M | 168.2M | 266.6M | 315.2M | 330.9M | |
Property Plant And Equipment Net | 274.6M | 169.5M | 274.9M | 350.6M | 355.1M | 372.9M | |
Net Debt | 127.9M | 230.2M | 53.6M | 30.2M | 49.4M | 44.6M | |
Retained Earnings | (332.5M) | (430.1M) | (315.5M) | (254.7M) | (208.9M) | (198.4M) | |
Accounts Payable | 11.4M | 7.7M | 19.7M | 45.2M | 34.0M | 35.7M | |
Cash | 256K | (115.1M) | 4.9M | 40K | 375K | 356.3K | |
Non Current Assets Total | 274.6M | 169.6M | 274.9M | 351.2M | 407.0M | 427.4M | |
Cash And Short Term Investments | 256K | (115.1M) | 4.9M | 40K | 375K | 356.3K | |
Net Receivables | 13.0M | 6.3M | 9.7M | 22.2M | 17.3M | 18.1M | |
Common Stock Shares Outstanding | 51.8M | 51.8M | 68.3M | 119.5M | 126.4M | 132.8M | |
Liabilities And Stockholders Equity | 289.2M | 177.9M | 290.5M | 381.1M | 437.8M | 459.7M | |
Non Current Liabilities Total | 42.3M | 45.3M | 42.2M | 63.0M | 60.9M | 47.2M | |
Other Stockholder Equity | 9.1M | 9.6M | 27.8M | 29.1M | 31.8M | 25.4M | |
Total Liab | 182.5M | 168.3M | 122.3M | 114.4M | 122.7M | 81.8M | |
Property Plant And Equipment Gross | 274.6M | 169.5M | 888.5M | 997.5M | 1.1B | 1.1B | |
Total Current Assets | 14.6M | 8.4M | 15.6M | 29.8M | 30.8M | 31.8M | |
Other Current Assets | 1.3M | 2.1M | 950K | 6.4M | 11.3M | 11.9M | |
Short Term Investments | 1.3M | 1.2M | 950K | 1.9M | 2.0M | 1.9M | |
Short Term Debt | 127.1M | 114.3M | 57.9M | 4.8M | 24.6M | 37.7M | |
Non Currrent Assets Other | 2.7M | 11K | 15K | 619K | 30.6M | 51.5M | |
Short Long Term Debt Total | 128.2M | 115.1M | 58.5M | 30.2M | 49.7M | 88.2M | |
Other Liab | 41.3M | 44.5M | 41.6M | 37.7M | 33.9M | 36.2M | |
Net Tangible Assets | 106.7M | 9.6M | 168.2M | 266.6M | 240.0M | 145.0M | |
Current Deferred Revenue | (11.4M) | (7.7M) | (19.7M) | (45.2M) | 1.2M | 1.3M | |
Short Long Term Debt | 380K | 127.0M | 32K | 4.6M | 24.4M | 23.2M | |
Property Plant Equipment | 274.6M | 169.5M | 274.9M | 350.6M | 315.5M | 277.1M | |
Long Term Debt | 131.9M | 131.4M | 0.0 | 25M | 22.5M | 21.4M | |
Long Term Debt Total | 1.0M | 824K | 603K | 25.4M | 22.8M | 21.7M | |
Capital Surpluse | 9.1M | 9.6M | 27.8M | 29.1M | 33.4M | 35.1M | |
Other Assets | 2.7M | 11K | 15K | 619K | 557.1K | 453.3K | |
Net Invested Capital | 106.7M | 9.7M | 168.2M | 291.6M | 364.5M | 236.2M | |
Net Working Capital | (125.6M) | (114.6M) | (64.5M) | (21.5M) | (31.0M) | (32.5M) |
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.