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 DirectionNegative 
Relationship StrengthInsignificant

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 Profit47.9M94.9M26.1M47.9M
Total Revenue81.3M152.4M108.4M87.9M

Petrus Resources fundamental ratios Correlations

0.480.530.850.950.38-0.390.75-0.190.99-0.240.890.690.720.070.770.62-0.210.8-0.380.310.050.180.750.380.28
0.480.290.30.590.25-0.540.65-0.230.51-0.280.610.40.540.090.520.34-0.420.11-0.39-0.04-0.180.380.660.10.2
0.530.290.140.630.7-0.630.22-0.610.57-0.640.550.310.340.060.780.23-0.480.33-0.460.91-0.040.380.630.50.43
0.850.30.140.7-0.09-0.050.760.160.80.120.750.740.360.080.320.730.120.71-0.13-0.040.08-0.210.51-0.010.03
0.950.590.630.70.55-0.540.76-0.350.98-0.420.920.670.770.110.860.62-0.460.73-0.570.36-0.020.320.830.480.4
0.380.250.7-0.090.55-0.610.11-0.610.43-0.650.370.10.580.070.780.13-0.470.32-0.550.60.160.570.410.880.79
-0.39-0.54-0.63-0.05-0.54-0.61-0.520.74-0.450.77-0.56-0.55-0.38-0.14-0.6-0.370.64-0.190.53-0.410.5-0.65-0.83-0.29-0.31
0.750.650.220.760.760.11-0.52-0.240.76-0.30.90.930.430.170.410.82-0.340.61-0.45-0.12-0.340.110.81-0.010.1
-0.19-0.23-0.610.16-0.35-0.610.74-0.24-0.270.99-0.32-0.33-0.23-0.06-0.49-0.090.69-0.170.43-0.50.41-0.53-0.59-0.2-0.15
0.990.510.570.80.980.43-0.450.76-0.27-0.320.910.70.730.080.810.62-0.330.78-0.460.340.00.240.80.380.29
-0.24-0.28-0.640.12-0.42-0.650.77-0.30.99-0.32-0.38-0.38-0.27-0.06-0.53-0.160.75-0.220.56-0.50.38-0.54-0.64-0.24-0.2
0.890.610.550.750.920.37-0.560.9-0.320.91-0.380.860.580.150.690.76-0.380.77-0.520.25-0.220.170.850.280.28
0.690.40.310.740.670.1-0.550.93-0.330.7-0.380.860.220.180.320.87-0.280.66-0.410.04-0.40.00.78-0.060.07
0.720.540.340.360.770.58-0.380.43-0.230.73-0.270.580.220.00.850.14-0.350.54-0.370.130.050.530.570.580.34
0.070.090.060.080.110.07-0.140.17-0.060.08-0.060.150.180.00.040.25-0.050.080.0-0.04-0.23-0.030.110.090.18
0.770.520.780.320.860.78-0.60.41-0.490.81-0.530.690.320.850.040.22-0.50.54-0.50.590.010.570.720.660.46
0.620.340.230.730.620.13-0.370.82-0.090.62-0.160.760.870.140.250.22-0.140.61-0.42-0.02-0.13-0.250.570.120.37
-0.21-0.42-0.480.12-0.46-0.470.64-0.340.69-0.330.75-0.38-0.28-0.35-0.05-0.5-0.14-0.070.71-0.260.42-0.56-0.62-0.17-0.1
0.80.110.330.710.730.32-0.190.61-0.170.78-0.220.770.660.540.080.540.61-0.07-0.330.19-0.02-0.130.490.350.25
-0.38-0.39-0.46-0.13-0.57-0.550.53-0.450.43-0.460.56-0.52-0.41-0.370.0-0.5-0.420.71-0.33-0.24-0.05-0.34-0.55-0.39-0.42
0.31-0.040.91-0.040.360.6-0.41-0.12-0.50.34-0.50.250.040.13-0.040.59-0.02-0.260.19-0.240.090.270.320.470.33
0.05-0.18-0.040.08-0.020.160.5-0.340.410.00.38-0.22-0.40.05-0.230.01-0.130.42-0.02-0.050.09-0.18-0.440.410.43
0.180.380.38-0.210.320.57-0.650.11-0.530.24-0.540.170.00.53-0.030.57-0.25-0.56-0.13-0.340.27-0.180.470.380.17
0.750.660.630.510.830.41-0.830.81-0.590.8-0.640.850.780.570.110.720.57-0.620.49-0.550.32-0.440.470.140.13
0.380.10.5-0.010.480.88-0.29-0.01-0.20.38-0.240.28-0.060.580.090.660.12-0.170.35-0.390.470.410.380.140.89
0.280.20.430.030.40.79-0.310.1-0.150.29-0.20.280.070.340.180.460.37-0.10.25-0.420.330.430.170.130.89
Click cells to compare fundamentals

Petrus Resources Account Relationship Matchups

Petrus Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets289.2M177.9M290.5M381.1M437.8M459.7M
Other Current Liab13.0M8.7M22.2M46.5M1.9M1.8M
Total Current Liabilities140.2M123.0M80.1M51.4M61.8M34.6M
Total Stockholder Equity106.7M9.6M168.2M266.6M315.2M330.9M
Property Plant And Equipment Net274.6M169.5M274.9M350.6M355.1M372.9M
Net Debt127.9M230.2M53.6M30.2M49.4M44.6M
Retained Earnings(332.5M)(430.1M)(315.5M)(254.7M)(208.9M)(198.4M)
Accounts Payable11.4M7.7M19.7M45.2M34.0M35.7M
Cash256K(115.1M)4.9M40K375K356.3K
Non Current Assets Total274.6M169.6M274.9M351.2M407.0M427.4M
Cash And Short Term Investments256K(115.1M)4.9M40K375K356.3K
Net Receivables13.0M6.3M9.7M22.2M17.3M18.1M
Common Stock Shares Outstanding51.8M51.8M68.3M119.5M126.4M132.8M
Liabilities And Stockholders Equity289.2M177.9M290.5M381.1M437.8M459.7M
Non Current Liabilities Total42.3M45.3M42.2M63.0M60.9M47.2M
Other Stockholder Equity9.1M9.6M27.8M29.1M31.8M25.4M
Total Liab182.5M168.3M122.3M114.4M122.7M81.8M
Property Plant And Equipment Gross274.6M169.5M888.5M997.5M1.1B1.1B
Total Current Assets14.6M8.4M15.6M29.8M30.8M31.8M
Other Current Assets1.3M2.1M950K6.4M11.3M11.9M
Short Term Investments1.3M1.2M950K1.9M2.0M1.9M
Short Term Debt127.1M114.3M57.9M4.8M24.6M37.7M
Non Currrent Assets Other2.7M11K15K619K30.6M51.5M
Short Long Term Debt Total128.2M115.1M58.5M30.2M49.7M88.2M
Other Liab41.3M44.5M41.6M37.7M33.9M36.2M
Net Tangible Assets106.7M9.6M168.2M266.6M240.0M145.0M
Current Deferred Revenue(11.4M)(7.7M)(19.7M)(45.2M)1.2M1.3M
Short Long Term Debt380K127.0M32K4.6M24.4M23.2M
Property Plant Equipment274.6M169.5M274.9M350.6M315.5M277.1M
Long Term Debt131.9M131.4M0.025M22.5M21.4M
Long Term Debt Total1.0M824K603K25.4M22.8M21.7M
Capital Surpluse9.1M9.6M27.8M29.1M33.4M35.1M
Other Assets2.7M11K15K619K557.1K453.3K
Net Invested Capital106.7M9.7M168.2M291.6M364.5M236.2M
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.